Business & Finance
Tue, January 24, 2012 
CHARLOTTE, N.C.--([ BUSINESS WIRE ])--Campus Crest Communities, Inc. (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing under The Grove brand, today announced the tax reporting information (Federal 1099) for the year 2011 distributions on its common shares.
The income tax treatment for the 2011 distributions for Campus Crest Communities, Inc. Common Stock CUSIP# 13466Y105 traded on the NYSE under ticker symbol "CCG" is as follows:
| Distribution Type | ||||||||||
| Declaration Dates | Record Dates | Payable | Distributions per | Ordinary | Return of | |||||
| 12/15/10 | 12/29/10 | 1/12/11 | $0.127 | $0.019 | $0.108 | |||||
| 3/31/11 | 4/11/11 | 4/20/11 | $0.160 | $0.025 | $0.135 | |||||
| 6/15/11 | 6/29/11 | 7/13/11 | $0.160 | $0.025 | $0.135 | |||||
| 9/14/11 | 9/28/11 | 10/12/11 | $0.160 | $0.025 | $0.135 | |||||
| Totals | $0.094 | $0.513 | ||||||||
| Percent | 15.33% | 84.67% | ||||||||
The dividends classified above as ordinary income do not represent "qualified dividend income" and therefore are not eligible for reduced rates. The Company did not incur any foreign taxes. This information represents final income allocations.
About Campus Crest Communities, Inc.
Campus Crest Communities, Inc. (NYSE: CCG) is a leading developer, builder, owner and manager of high-quality, purpose-built student housing properties located close to campuses in targeted U.S. markets. The Company is a self-managed, self-administered and vertically-integrated real estate investment trust which operates all of its properties under The Grove brand. Campus Crest Communities owns interests in 33 student housing properties containing approximately 6,324 apartment units and 17,064 beds and boasts the youngest standardized portfolio in the industry. Since its inception, the Company has focused on customer service, privacy, on-site amenities and its proprietary residence life programs to provide college students across the USA with a higher quality of living. Additional information can be found on the Company's website at [ http://www.campuscrest.com ].
