Winthrop Realty Trust

(NYSE:FUR)

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	15,460	11,773	20,050	12,489
Operating Revenue	15,460	11,773	20,050	12,489
Adjustments To Revenue	7,213	30,294	7,866	27,242
Cost Of Sales	—	—	—	—
Cost Of Sales With Depreciation	—	—	—	—
Gross Operating Profit	8,247	-18,521	12,184	-14,753
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	—	—	—	—
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	8,247	-18,521	12,184	-14,753
Operating Income	—	—	—	—
Depreciation	—	—	—	—
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	8,247	-18,521	12,184	-14,753
Non Operating Expenses
Interest Expense	5,889	5,390	5,831	9,535
Pre Tax Income	2,358	-24,018	6,253	-24,337
Income Taxes	—	—	—	—
Minority Interest	10,833	10,064	9,978	9,978
Income Before Income Taxes	—	—	—	—
Net Income From Continuing Operations	2,180	-24,104	6,253	-24,413
Net Income From Discontinued Operations	49	47	59	47
Net Income From Total Operations	2,229	-24,057	6,312	-24,366
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	2,229	-24,057	6,312	-24,366
Normalized Income	2,180	-23,997	6,353	-24,364
NetIncome Available For Common	2,180	-24,104	6,253	-24,413
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Operating revenue
Total Revenue	82,815	97,350	37,554	8,325
Operating Revenue	82,815	97,350	37,554	8,325
Adjustments To Revenue	48,945	20,063	14,924	5,691
Cost Of Sales	—	—	—	—
Cost Of Sales With Depreciation	—	—	—	—
Gross Operating Profit	33,870	77,287	22,630	2,634
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	—	—	—	—
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	33,870	77,287	22,630	2,634
Operating Income	—	—	—	—
Depreciation	—	—	—	—
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	33,870	77,287	22,630	2,634
Non Operating Expenses
Interest Expense	31,477	31,057	15,002	698
Pre Tax Income	2,024	45,584	29,128	1,936
Income Taxes	—	—	—	—
Minority Interest	578	2,764	179	—
Income Before Income Taxes	—	—	—	—
Net Income From Continuing Operations	1,446	42,820	28,949	1,936
Net Income From Discontinued Operations	1,035	116	581	20,516
Net Income From Total Operations	2,481	42,936	29,530	22,452
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	2,481	42,936	29,530	22,452
Normalized Income	1,815	43,466	7,449	1,936
NetIncome Available For Common	1,446	42,820	21,630	-128
Preferred Dividends	—	—	7,319	2,064
Excise Taxes	—	—	—	—