Three Months Ended March 31, 2017 Financial ResultsTotal NOI

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replica celine bags The debt coverage ratio also improved at March 31, 2017 to 1.61x from 1.51x at March 31, 2016;Plaza had a debt to gross asset ratio of 52.2% (including convertible debentures) and 48.4% (excluding convertible debentures), compared to 53.6% and 47.7%, respectively, at the end of the first quarter in 2016; andPlaza paid total cash distributions to REIT unitholders and Class B exchangeable LP unitholders of $6.9 million.Three Months Ended March 31, 2017 Operating HighlightsPlaza's leasing activity included 133 thousand square feet of renewals at existing properties at an average rate of $16.80 per square foot Cheap Celine Bags, compared to an expiring rate of $16.15 per square foot;Plaza's leasing activity also included 20 thousand square feet of new leasing at existing properties at an average rate of $18.61 per square foot;Plaza completed 36 thousand square feet of new leasing deals on developments and redevelopments at market rates and 48 thousand square feet of new and renewal leasing deals at market rates at non consolidated investments; andSame asset committed occupancy and total committed occupancy remained high at 96.3% and 96.2%, respectively, at March 31 Cheap Celine Handbags, 2017, compared to 97.0% and 96.4%, respectively, at March 31, 2016.Three Months Ended March 31, 2017 Financial ResultsTotal NOI was consistent at $15.3 million year over year and same asset NOI was $14.5 million compared to $14.6 million in the prior year. Total NOI was impacted mainly by an increase of $0.4 million due to growth from developments and redevelopments, Plaza's core business, offset by a decrease in NOI due to properties sold and higher administrative expenses charged to NOI. The decrease in same asset NOI was mainly due to a regional retailer bankruptcy and recovery adjustments in the quarter replica celine bags.


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