2011 Executive Annual Bonus Plan

Total executive bonus opportunities will be based on 2011 base salaries as follows:

		Percentage of
		2011 Base Salary
		Opportunity
H. Eric Bolton, Jr.			200	%
Albert M. Campbell, III			100	%
Thomas L. Grimes, Jr.			100	%
James Andrew Taylor			100	%

The bonus opportunity will be earned by performance in the following areas: year-over-year funds from operations per diluted share/unit, or FFO per Share growth and same store gross operating income, or GOI, growth. The weight of these performance factors for each executive officer will be as follows:

		FFO per Share				Same Store
		Growth				GOI Growth
H. Eric Bolton, Jr.			100	%			0	%
Albert M. Campbell, III			100	%			0	%
Thomas L. Grimes, Jr.			62.5	%			37.5	%
James Andrew Taylor			62.5	%			37.5	%

The percentage of bonus opportunity earned from performance growth targets will be based on a sliding scale as follows:

		Percentage of
Performance		Bonus Opportunity
Level		Earned
Minimum Threshold			0.0	%
Threshold I			12.5	%
Threshold II			25.0	%
Threshold III			37.5	%
Target			50.0	%
Target I			62.5	%
Target II			75.0	%
Target III			87.5	%
High			100.0	%

In determining FFO per Share growth, the Compensation Committee has the ability to factor in any material and non-recurring events that may or may not occur that impact the registrant’s FFO per Share performance, but may or may not subsequently impact the registrant’s share price, to help ensure that the potential bonus is in line with actual shareholder performance.

After the total bonus opportunity is calculated, the Compensation Committee, at its discretion, may apply a discretionary modifier allowing the bonus opportunity calculated to be lowered or raised by up to 25% to determine the final bonus award amount.