AMERICAN RLTY CAP PPTYS INC

CUSIP: 02917T104 Class: -REIT

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015
Shares 684,265 Value ($000) $6,740 Avg Close — Range —
Q4 2014
Shares 577,330 Value ($000) $5,225 Avg Close — Range —
Q3 2014
Shares 464,990 Value ($000) $5,608 Avg Close — Range —
Q2 2014
Shares 349,785 Value ($000) $4,383 Avg Close — Range —