Cousins, which invests in various commercial real estatesectors, recorded $168.6 million in gains from property salesthroughout 2009, but charges for the year included a $39-millionimpairment on its Terminus 200 project. The company's revenueincreased 5% over the year to $224.9 million.

"Compared with a year ago, we have a stronger balance sheet anda leaner organization combined with a team that is focused onexecuting the fundamentals of our business--leasing, sales andgenerating fees," Cousins CEO Larry Gellerstedt stated in arelease. The company noted that its office portfolio was 87% leasedat year end, while its retail centers were 84% leased andindustrial buildings were 51% leased.

Meanwhile, Post's 2009 loss included net gains of $79.4 millionon the sale of three apartment complexes along with income of $1.8million related to a mark-to-market interest rate swap and changesin previous hurricane loss estimates. Those gains were offset bynon-cash impairment charges of $76.3 million relating to thecompany's investment in a condo project, $4.8 million in severancecharges and a $3.3-million loss related to early debtsettlement.