AMERICAN RLTY CAP PPTYS INC

CUSIP: 02917T104 Class: -REIT

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q4 2014
Shares 1,002,700 Value ($000) $9,074 Avg Close — Range —
Q3 2014
Shares 602,700 Value ($000) $7,269 Avg Close — Range —
Q2 2014
Shares 602,700 Value ($000) $7,552 Avg Close — Range —
Q1 2014
Shares 602,700 Value ($000) $8,450 Avg Close — Range —