AMERICAN RLTY CAP PPTYS INC

CUSIP: 02917T104 Class: -REIT

Phocas Financial Corp.'s Holding History (CIK: 0001356783)

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

Q2 2015
Shares 550,502 Value ($000) $4,476 Avg Close — Range —
Q1 2015
Shares 560,962 Value ($000) $5,525 Avg Close — Range —
Q4 2014
Shares 250,760 Value ($000) $2,269 Avg Close — Range —