Drive Shack Inc. Quarterly report pursuant to Section 13 or 15(d)

[1]	Net of $38.2 million of inter-segment eliminations.
[2]	Excludes 8 securities with a zero value, which had an aggregate face amount of $115.0 million.

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Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Prior to inter-segment elimination, as presented in segment reporting disclosures.

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