ASHFORD HOSPITALITY TR INC

CUSIP: 044103505 Class: 9% CUM PFD SER E

SPIRIT OF AMERICA MANAGEMENT CORP/NY's Holding History (CIK: 0001041283)

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

Q3 2013
Shares 20,000 Value ($000) $519 Avg Close — Range —
Q2 2013
Shares 20,000 Value ($000) $527 Avg Close — Range —