These instructions apply to selecting property text to display in callouts, balloons, drawing tables, and other annotations, including block labels.
While creating or editing a callout, balloon, drawing table, block, or a column in a parts list, click the Property Text button 
on the dialog box.
In the Select Property Text dialog box, select a property text classification, such as From Graphic Connection, and file (if applicable).
This sets the source, or reference, from which the text will be extracted. It also determines which text properties are displayed in the Properties list.
In the Properties list in the Select Property Text dialog box, click the property you want to use, and then click the Select button.
The correct syntax for the property appears in the Property Text box at the bottom of the dialog box.
Continue selecting properties from the Properties list until all of the properties you want are displayed in the Property Text box.
When you are done selecting properties, do one of the following:
Click OK to place the property text at the cursor location in the current annotation, table, parts list, or other place of reference.
Click Copy to copy the property text to the Clipboard.
Tip:
You can edit property text at any time by placing the cursor at the insertion point in the Property Text box and adding or deleting text.
To extract information from the Variable Table, select Variables From Active Document as the source. See the Help topic, Extract Variable Table data using property text.
You can select properties from more than one source. You can select In Active Document as the source, for example, and select the Title and Project properties from the properties list. Then you can change the source to Named Reference and select the Material and Volume properties from the property list.
If you open a drawing for which the associative model is absent, the property text displayed in the drawing will be the last known good information. That is, the property text will be the information obtained the last time the model was available.
For a property text graphic connection, you can retrieve data from the selected part only and not the entire parts list. Add P after the graphic connection to use this function (for example, filename|GP).
To use the date and time in property text, use the following basic format: /<date/time format>. Click here to see additional information on available formats for date and time components. You can customize date and time display using the following format: %{propertyName/@DateTimeFormat|link}
Example:
To display the exact time a file called Lea.asm was created, you can use the following: %{Created/@yyyy/MMMM:dddd-hh_mm,ss.tt|Lea.asm}
You can specify the date and time format shown in the example above using this syntax: %{Created/DT|Lea.asm}
You can use property text to control the number of decimal places in numbers. For example, to set a number to display 4 decimal places, use the following format: %{PropertyName or CustomPropertyNumber/@4|ModelRef}
You can set the precision for a property text value that starts with a number. For example, to set 12.00 Holes X 1.0 deep to 12 Holes X 1.0 deep, use the following format to add /@0 to the end of the property name: %{PropertyName/@0}. If the property is text type and does not start with a number, the formatting does not affect the display of the property text.
You can choose not to display default units for physical properties. To omit units from the property text display, use the tag /NU as follows: %{PhysicalPropertyName /NU | R1}