Front Cover ------------------------------------------------ Editor's Note ------------------------------------------------ Table of Contents ------------------------------------------------ Financial Highlights ------------------------------------------------ Dividend Digest Updates ------------------------------------------------ 2004 Review (The Short Version) ------------------------------------------------ 2005 Business Plan ------------------------------------------------ $1 Billion in Dividends Paid ------------------------------------------------ Financial & Investor Returns ------------------------------------------------ Real Estate Portfolio Management ------------------------------------------------ Capital Markets ------------------------------------------------ Portfolio Acquisitions ------------------------------------------------ Recent Comments from Readers ------------------------------------------------ Financial Information ------------------------------------------------ Business Description   Recent Developments   Distribution Policy   Business Philosophy and Strategy   Properties ------------------------------------------------ Consolidated Balance Sheets ------------------------------------------------ Consolidated Statements of Income ------------------------------------------------ Consolidated Statements of   Stockholders' Equity ------------------------------------------------ Consolidated Statements of Cash Flows ------------------------------------------------ Notes to Consolidated Financial Statements ------------------------------------------------ Reports of Independent Registered Public Accounting Firm ------------------------------------------------ Management's Discussion and Analysis of Financial Condition and Results of Operation ------------------------------------------------ Selected Financial Data ------------------------------------------------ Controls and Procedures ------------------------------------------------ Consolidated Quarterly Financial Data ------------------------------------------------ Forward-Looking Statements ------------------------------------------------ Company Information ------------------------------------------------ Back Cover

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	Front Cover ------------------------------------------------ Editor's Note ------------------------------------------------ Table of Contents ------------------------------------------------ Financial Highlights ------------------------------------------------ Dividend Digest Updates ------------------------------------------------ 2004 Review (The Short Version) ------------------------------------------------ 2005 Business Plan ------------------------------------------------ $1 Billion in Dividends Paid ------------------------------------------------ Financial & Investor Returns ------------------------------------------------ Real Estate Portfolio Management ------------------------------------------------ Capital Markets ------------------------------------------------ Portfolio Acquisitions ------------------------------------------------ Recent Comments from Readers ------------------------------------------------ Financial Information ------------------------------------------------ Business Description   Recent Developments   Distribution Policy   Business Philosophy and Strategy   Properties ------------------------------------------------ Consolidated Balance Sheets ------------------------------------------------ Consolidated Statements of Income ------------------------------------------------ Consolidated Statements of   Stockholders' Equity ------------------------------------------------ Consolidated Statements of Cash Flows ------------------------------------------------ Notes to Consolidated Financial Statements ------------------------------------------------ Reports of Independent Registered Public Accounting Firm ------------------------------------------------ Management's Discussion and Analysis of Financial Condition and Results of Operation ------------------------------------------------ Selected Financial Data ------------------------------------------------ Controls and Procedures ------------------------------------------------ Consolidated Quarterly Financial Data ------------------------------------------------ Forward-Looking Statements ------------------------------------------------ Company Information ------------------------------------------------ Back Cover