CAMDEN PROPERTY TRUST COMPARATIVE SUMMARY OF SELECTED FINANCIAL AND PROPERTY DATA 92 camden transforming  year ended december 31, in thousands, except per share amounts 2004  2003 2002 2001 2000 Revenues Rental revenues $ 376,148  $ 361,166 $ 357,749 $ 358,990 $ 349,727  Other property revenues 33,959 32,490 29,887 28,157 25,826  Total property revenues 410,107 393,656 387,636 387,147 375,553 Fee and asset management 9,187 7,276 6,264 7,745 6,537 Other revenues 11,937 5,685 8,214 9,117 5,823 Total revenues 431,231 406,617 402,114 404,009 387,913 Expenses Property operating and maintenance 124,040 115,996 105,990 100,940 98,359 Real estate taxes 44,747 42,957 40,359 39,227 37,596 Total property expenses 168,787 158,953 146,349 140,167 135,955 Property management 11,924 10,154 10,027 9,510 9,358  Fee and asset management  3,856 3,908 2,499 2,016  1,370 General and administrative  18,536 16,231 14,439 12,521  13,706 Impairment provision for technology investments - - - 9,864 - Other expenses  - 1,389 2,790 1,511 - Losses related to early retirement of debt  - - 234 388 - Interest 79,214 75,414 71,499 69,712 68,000 Depreciation 103,528 102,040 97,305 95,997 91,761 Amortization of deferred fi nancing costs  2,697 2,634 2,165 1,591 1,340 Total expenses  388,542  370,723 347,307 343,277 321,490 Income from continuing operations before gain on sale of properties, including land, impairment loss on land held for sale, equity in income of joint ventures and minority interests 42,689 35,894 54,807 60,732 66,423 Gain on sale of properties, including land  2,625 2,590 359 2,372 18,323 Impairment loss on land held for sale  (1,143)  - - - - Equity in income of joint ventures  356 3,200 366 8,527 765 Income allocated to minority interests Distributions on perpetual preferred units  (10,461)  (12,747) (12,872) (12,872) (12,845) Original issuance costs of redeemed perpetual preferred units  (745)  -   -   - - Income allocated to common units  (2,765)  (2,096) (1,656) (2,926) (2,264) Income from continuing operations 30,556 26,841 41,004 55,833 70,402 Income from discontinued operations  3,912 2,730 4,560 5,660 4,219 Gain on sale of discontinued operations  8,368 - 29,199 - - Income from discontinued operations, including gain, allocated to common units  (1,495)  (141) (151) (201) (197) Net income 41,341 29,430 74,612 61,292 74,424 Preferred share dividends  - - - (2,545) (9,371) Net income available to common shareholders  $ 41,341 $ 29,430 $ 74,612 $ 58,747 $ 65,053 Earnings per share – basic  Income from continuing operations  $ 0.74 $ 0.68 $ 1.01 $ 1.34 $ 1.60 Income from discontinued operations, including  gain on sale  0.26 0.07 0.83 0.14 0.11 Net income available to common shareholders  $ 1.00 $ 0.75 $ 1.84 $ 1.48 $ 1.71 Earnings per share – diluted Income from continuing operations  $ 0.72 $ 0.65 $ 0.97 $ 1.28 $ 1.53 Income from discontinued operations, including  gain on sale  0.26  0.06 0.76 0.13 0.10 Net income available to common shareholders  $ 0.98 $ 0.71 $ 1.73 $ 1.41 $ 1.63 Distributions declared per common share $ 2.54 $ 2.54 $ 2.54 $ 2.44 $ 2.25 Weighted average number of common shares outstanding 41,430 39,355 40,441 39,796 38,112 Weighted average number of common and common dilutive equivalent shares outstanding 42,426 41,354 44,216 41,603 41,388