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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
923284	Inland Real Estate Corp	IRC	Real Estate Investment Trusts (6798)	363953261

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1119191	L Daniel Goodwin	2901 Butterfield Rd Oak Brook IL 60523		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-05-13	10,000	$8.87	11,476,229	No	4	P	Direct
Common Stock	Acquisiton	2011-05-13	15,000	$8.87	11,491,229	No	4	P	Indirect	Purchased by Inland American

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	Purchased by Inland American

Footnotes

Includes shares of IRC that are owned by Inland American Real Estate Trust, Inc. ("American"), Inland Western Retail Real Estate Trust, Inc. ("Western") and Inland Diversified Real Estate Trust, Inc. ("Diversified") in accounts managed by Inland Investment Advisors Inc. ("IIAI"). Mr. Goodwin directly and indirectly beneficially owns shares of American, Western and Diversified and he disclaims beneficial ownership of shares of American, Western and Diversified except to the extent of his respective ownership of those entities.
Includes 1,471,409 shares of common stock owned by Mr. Goodwin and/or his spouse. Also includes common stock owned directly by the following entities: 878,820 by American; 315,820 by Western; 75,000 by Diversified; 9,091 by The Inland Group Inc. ("TIGI"); 193,532 by IMIC Stock Holding Company; 7,212,118 by Inland Investment Stock Holding Company ("IISHC"); 137,110 by Partnership Ownership Corporation ("POC"); and 1,198,329 by Eagle Financial Corporation. The latter four entities and Inland Real Estate Investment Corporation ("IREIC") are wholly owned subsidiaries of TIGI. IIAI, IISHC and POC are wholly owned subsidiaries of IREIC. Mr. Goodwin is the controlling shareholder of TIGI and disclaims beneficial ownership of shares owned by TIGI and its subsidiaries except to the extent of his respective ownership of those entities.