We are offering to the public 4,000,000 of our 6.75% Series H Cumulative Redeemable Preferred Shares. The underwriters named in this prospectus supplement may purchase up to 600,000 additional Series H Preferred Shares from us under certain circumstances.
Dividends on the Series H Preferred Shares will be cumulative from the date of original issue and payable quarterly, beginning on October 1, 2005, at the rate of 6.75% of the liquidation preference per annum, or $1.6875 per Series H Preferred Share per annum.
Except in instances relating to preservation of our status as a real estate investment trust, the Series H Preferred Shares are not redeemable until June 17, 2010. On and after June 17, 2010, we may redeem the Series H Preferred Shares in whole at any time or in part from time to time at a redemption price of $25.00 per share, plus any accrued and unpaid dividends through the date of redemption. The Series H Preferred Shares have no maturity date and will remain outstanding indefinitely unless redeemed.