H&R REAL ESTATE INVESTMENT TRUST  H&R FINANCE TRUST  Notes to Combined Financial Statements   (In thousands of dollars, except unit and per unit amounts)  Years ended December 31, 2010 and 2009  10. Non-controlling interest:  Non-controlling interest represents the amount of equity related to the Class B LP units of HRLP, issued to participating  vendors in exchange for properties acquired by HRLP. The accounts of HRLP are consolidated into the REIT, and thus  included in the combined financial statements. Class B LP units of HRLP are only exchangeable on a one-for-one basis,  at the option of the holder, into Stapled Units. Holders of the Class B LP units of HRLP are entitled to receive distributions on a per unit amount equal to a per Stapled  Unit amount provided to holders of Stapled Units. Pursuant to the 2009 Reorganization, the 5,437,565 Stapled Units were redeemed in November 2009. As a result of the  2009 Reorganization, HRLP, the REIT, Finance Trust and H&R Portfolio LP Trust entered into an exchange and support  agreement that provides, among other things, for (i) certain capital contributions to be made by the REIT in case HRLP  has insufficient (a) funds to pay the required distributions on the Class B LP units of HRLP, or (b) Series 1 notes issued  by U.S. Holdco to Finance Trust, (“U..S. Holdco Notes”), to pay the fair market value of the Finance Trust Units required  to be delivered upon exchange of any Class B LP unit; and (ii) the mechanics whereby Class B LP units may be  exchanged for Stapled Units.  The assigned value of the Stapled Units redeemed pursuant to the 2009 Reorganization exceeded the redemption price  by $28,873. This amount was recorded as contributed surplus.  The REIT is an unincorporated open-ended trust. The beneficial interests in the REIT are represented by a single class  of units which are unlimited in number. Each unit carries a single vote at any meeting of unitholders and carries the right  to participate pro rata in any distributions.  Finance Trust is an unincorporated investment trust. The beneficial interests in Finance Trust are represented by a  single class of units which are unlimited in number. Each unit carries a single vote at any meeting of unitholders and  carries the right to participate pro rata in any distributions.  11. Unitholders’ equity:  21  Number of Amount Class B LP units As at December 31, 2008 75,367 $ 5,437,565 Non-controlling interest from continuing operations 3,049 - Non-controlling interest from discontinued operations (note 24) 621 - Distributions on Class B LP units of HRLP (3,915) - As at December 31, 2009 75,122 5,437,565 Non-controlling interest from continuing operations 6,272 - Non-controlling interest from discontinued operations (note 24) 149 - Distributions on Class B LP units of HRLP (4,282) - As at December 31, 2010 77,261 $ 5,437,565