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<TITLE>UNITED STATES </TITLE>
<META NAME="author" CONTENT="Shefsky &amp; Froelich">
<META NAME="date" CONTENT="01/26/2011">
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<DIV style="width:670.667px"><P style="line-height:normal; margin-top:5.533px; margin-bottom:5.533px; font-size:18pt" align=center><B>UNITED STATES <BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
</B><FONT style="font-size:10pt"><B>WASHINGTON, D.C. &nbsp;20549 </B></FONT></P>
<P style="margin:6.667px" align=center><BR></P>
<P style="line-height:20pt; margin-top:10px; margin-bottom:10px; font-size:18pt" align=center><B>FORM 8-K<BR>
CURRENT REPORT</B></P>
<P style="line-height:14pt; margin-top:6.667px; margin-bottom:6.667px; font-size:12pt" align=center><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </B></P>
<P style="line-height:14pt; margin-top:6.667px; margin-bottom:6.667px; font-size:12pt" align=center>Date of Report (Date of earliest event reported): January 26, 2011</P>
<P style="line-height:normal; margin-top:6.667px; margin-bottom:6.667px; font-size:18pt" align=center><B>INLAND AMERICAN REAL ESTATE TRUST, INC. <BR>
</B><FONT style="font-size:10pt">(Exact Name of Registrant as Specified in its Charter) </FONT></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=151.2></TD><TD width=14.6></TD><TD width=151.2></TD><TD width=14.6></TD><TD width=151.267></TD></TR>
<TR><TD valign=top width=151.2><P style="line-height:normal; margin:0px; font-size:12pt" align=center><B>Maryland<BR>
</B><FONT style="font-size:10pt">(State or Other Jurisdiction of Incorporation)</FONT></P>
</TD><TD valign=top width=14.6><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=151.2><P style="line-height:normal; margin:0px; font-size:12pt" align=center><B>000-51609<BR>
</B><FONT style="font-size:10pt">(Commission File Number)</FONT></P>
</TD><TD valign=top width=14.6><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=151.267><P style="line-height:normal; margin:0px; font-size:12pt" align=center><B>34-2019608<BR>
</B><FONT style="font-size:10pt">(IRS Employer Identification No.)</FONT></P>
</TD></TR>
<TR><TD valign=top width=482.867 colspan=5><P style="line-height:normal; margin:0px; font-size:12pt" align=center><BR>
<B>2901 Butterfield Road<BR>
Oak Brook, Illinois 60523<BR>
</B><FONT style="font-size:10pt">(Address of Principal Executive Offices)</FONT></P>
</TD></TR>
<TR><TD valign=top width=482.867 colspan=5><P style="line-height:normal; margin:0px; font-size:12pt" align=center><BR>
<B>(630) 218-8000<BR>
</B><FONT style="font-size:10pt">(Registrant&#146;s Telephone Number, Including Area Code)</FONT></P>
</TD></TR>
<TR><TD valign=top width=482.867 colspan=5><P style="line-height:normal; margin:0px; font-size:12pt" align=center><BR>
<B>N/A<BR>
</B><FONT style="font-size:10pt">(Former Name or Former Address, if Changed Since Last Report)</FONT></P>
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<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:13.333px" align=justify>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=36.667></TD><TD width=575.2></TD></TR>
<TR><TD valign=top width=36.667><P style="margin:0px; font-family:Wingdings 2">&#163;</P>
</TD><TD valign=top width=575.2><P style="margin-top:0px; margin-bottom:13.333px">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
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<TR><TD valign=top width=36.667><P style="margin:0px; font-family:Wingdings 2">&#163;</P>
</TD><TD valign=top width=575.2><P style="margin-top:0px; margin-bottom:13.333px">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
</TD></TR>
<TR><TD valign=top width=36.667><P style="margin:0px; font-family:Wingdings 2">&#163;</P>
</TD><TD valign=top width=575.2><P style="margin-top:0px; margin-bottom:13.333px">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
</TD></TR>
<TR><TD valign=top width=36.667><P style="margin:0px; font-family:Wingdings 2">&#163;</P>
</TD><TD valign=top width=575.2><P style="margin:0px">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
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<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; font-size:12pt"><B>Item 8.01 </B></P>
<P style="line-height:14pt; margin:0px; text-indent:96px; font-size:12pt"><B>Other Events.</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:14pt; margin:0px; text-indent:48px; font-size:12pt" align=justify>For the year ended December 31, 2010, Inland American Real Estate Trust, Inc. (the &#147;Company&#148;) paid distributions of approximately $417 million. For income tax purposes only, approximately 33.85% of the distributions paid in 2010 will be treated as ordinary dividends and approximately 66.15% will be treated as nondividend distributions. The following table denotes the allocation of the monthly distributions paid in 2010 for income tax purposes only. All amounts are stated in dollars per share. &nbsp;The December 2010 distribution, with a record date of December 31, 2010 and payment date of January 12, 2011, is taxable in 2011, and not reflected in the 2010 tax allocation. &nbsp;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:14pt; margin:0px; text-indent:48px; font-size:12pt" align=justify>Stockholders are advised to consult with their tax advisors about the specific tax treatment of distributions paid by the Company in 2010.</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=102.733></TD><TD width=20.067></TD><TD width=95.333></TD><TD width=20.067></TD><TD width=109.533></TD><TD width=128.133></TD><TD width=83.933></TD><TD width=130.2></TD></TR>
<TR><TD style="border-bottom:1.333px solid #000000" valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Record Date</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=20.067><P style="margin:0px; font-size:12pt"><B>&nbsp;</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt"><B>Payment Date</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=20.067><P style="margin:0px; font-size:12pt"><B>&nbsp;</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt"><B>Total Distribution</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt"><B>Ordinary Dividends</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt"><B>Capital Gain</B></P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt"><B>Nondividend Distributions</B></P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="margin:0px; font-size:12pt" align=center>&nbsp;</P>
</TD><TD valign=bottom width=20.067><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD valign=bottom width=95.333><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD valign=bottom width=20.067><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD valign=bottom width=109.533><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD valign=bottom width=128.133><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD valign=bottom width=83.933><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>12/31/2009</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>1/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>1/31/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>2/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>2/28/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>3/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>3/31/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>4/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>4/30/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>5/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>5/31/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>6/11/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>6/30/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>7/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>7/31/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>8/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>8/31/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>9/13/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>9/30/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>10/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>10/29/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>11/12/2010</P>
</TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD style="border-bottom:1.333px solid #000000" valign=bottom width=102.733><P style="line-height:14pt; margin:0px; font-size:12pt" align=center>11/29/2010</P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=20.067><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=95.333><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>12/13/2010</P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=20.067><P style="margin:0px; font-size:12pt">&nbsp;</P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.04166667 </P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.01410417 </P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=83.933><P style="line-height:14pt; margin:0px; font-size:12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;</P>
</TD><TD style="border-bottom:1.333px solid #000000" valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.02756250 </P>
</TD></TR>
<TR><TD valign=bottom width=102.733><P>&nbsp;</P></TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=95.333><P>&nbsp;</P></TD><TD valign=bottom width=20.067><P>&nbsp;</P></TD><TD valign=bottom width=109.533><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.50000000 </P>
</TD><TD valign=bottom width=128.133><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.16925000 </P>
</TD><TD valign=bottom width=83.933><P>&nbsp;</P></TD><TD valign=bottom width=130.2><P style="line-height:14pt; margin:0px; font-size:12pt" align=right>$0.33075000 </P>
</TD></TR>
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<P style="line-height:14pt; margin:0px; font-size:12pt; page-break-before:always" align=center><B>SIGNATURE</B></P>
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<P style="line-height:14pt; margin:0px; text-indent:48px; font-size:12pt" align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
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<P style="line-height:14pt; margin:0px; font-size:12pt" align=right>INLAND AMERICAN REAL ESTATE TRUST, INC.</P>
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<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=49.067></TD><TD width=238.133></TD><TD width=80></TD><TD width=266.4></TD></TR>
<TR><TD valign=top width=49.067><P style="line-height:14pt; margin:0px; font-size:12pt">Date:</P>
</TD><TD valign=top width=238.133><P style="line-height:14pt; margin:0px; font-size:12pt">January 26, 2011</P>
</TD><TD valign=top width=80><P style="line-height:14pt; margin:0px; font-size:12pt">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=266.4><P style="line-height:14pt; margin:0px; font-size:12pt">/s/ Jack Potts</P>
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<TR><TD valign=top width=49.067><P>&nbsp;</P></TD><TD valign=top width=238.133><P>&nbsp;</P></TD><TD valign=top width=80><P style="line-height:14pt; margin:0px; font-size:12pt">Name:</P>
</TD><TD valign=top width=266.4><P style="line-height:14pt; margin:0px; font-size:12pt">Jack Potts</P>
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<TR><TD valign=top width=49.067><P>&nbsp;</P></TD><TD valign=top width=238.133><P>&nbsp;</P></TD><TD valign=top width=80><P style="line-height:14pt; margin:0px; font-size:12pt">Title</P>
</TD><TD valign=top width=266.4><P style="line-height:14pt; margin:0px; font-size:12pt">Principal Accounting Officer</P>
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{"company-data": {"conformed-name": "Inland American Real Estate Trust, Inc.", "cik": "0001307748", "assigned-sic": "6798", "irs-number": "342019608", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51609", "film-number": "11549909"}, "business-address": {"street1": "2901 BUTTERFIELD ROAD", "city": "OAK BROOK", "state": "IL", "zip": "60523", "phone": "630-218-8000"}, "mail-address": {"street1": "2901 BUTTERFIELD ROAD", "city": "OAK BROOK", "state": "IL", "zip": "60523"}}
UNITED STATES
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 26, 2011
INLAND AMERICAN REAL ESTATE TRUST, INC.
(Exact Name of Registrant as Specified in its Charter)
Maryland
(State or Other Jurisdiction of Incorporation)
000-51609
(Commission File Number)
34-2019608
(IRS Employer Identification No.)
2901 Butterfield Road
Oak Brook, Illinois 60523
(Address of Principal Executive Offices)
(630) 218-8000
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
£
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
£
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
£
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
£
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01
Other Events.
For the year ended December 31, 2010, Inland American Real Estate Trust, Inc. (the "Company") paid distributions of approximately $417 million. For income tax purposes only, approximately 33.85% of the distributions paid in 2010 will be treated as ordinary dividends and approximately 66.15% will be treated as nondividend distributions. The following table denotes the allocation of the monthly distributions paid in 2010 for income tax purposes only. All amounts are stated in dollars per share.  The December 2010 distribution, with a record date of December 31, 2010 and payment date of January 12, 2011, is taxable in 2011, and not reflected in the 2010 tax allocation.
Stockholders are advised to consult with their tax advisors about the specific tax treatment of distributions paid by the Company in 2010.
Record Date
Payment Date
Total Distribution
Ordinary Dividends
Capital Gain
Nondividend Distributions
12/31/2009
1/12/2010
$0.04166667
$0.01410417
-
$0.02756250
1/31/2010
2/12/2010
$0.04166667
$0.01410417
-
$0.02756250
2/28/2010
3/12/2010
$0.04166667
$0.01410417
-
$0.02756250
3/31/2010
4/12/2010
$0.04166667
$0.01410417
-
$0.02756250
4/30/2010
5/12/2010
$0.04166667
$0.01410417
-
$0.02756250
5/31/2010
6/11/2010
$0.04166667
$0.01410417
-
$0.02756250
6/30/2010
7/12/2010
$0.04166667
$0.01410417
-
$0.02756250
7/31/2010
8/12/2010
$0.04166667
$0.01410417
-
$0.02756250
8/31/2010
9/13/2010
$0.04166667
$0.01410417
-
$0.02756250
9/30/2010
10/12/2010
$0.04166667
$0.01410417
-
$0.02756250
10/29/2010
11/12/2010
$0.04166667
$0.01410417
-
$0.02756250
11/29/2010
12/13/2010
$0.04166667
$0.01410417
-
$0.02756250
$0.50000000
$0.16925000
$0.33075000
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INLAND AMERICAN REAL ESTATE TRUST, INC.
Date:
January 26, 2011
By:
/s/ Jack Potts
Name:
Jack Potts
Title
Principal Accounting Officer