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Real Estate Facilities (Tables) | 9 Months Ended
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Sep. 30, 2022
Real Estate [Abstract] |
Schedule of Real Estate Activities | Activity in real estate facilities during the nine months ended September 30, 2022 is as follows:
| Nine Months Ended September 30, 2022
| (Amounts in thousands)
Operating facilities, at cost: |  |  |  |  |
Beginning balance | $ | 22,807,833 |  |  |  |  |
Capital expenditures to maintain real estate facilities | 329,253 |  |  |  |  |
Acquisitions | 514,541 |  |  |  |  |
Dispositions | (1,704) |  |  |  |  |
Developed or expanded facilities opened for operation | 125,971 |  |  |  |  |
Ending balance | 23,775,894 |  |  |  |  |
Accumulated depreciation: |  |  |  |  |
Beginning balance | (7,773,308) |  |  |  |  |
Depreciation expense | (574,374) |  |  |  |  |
Dispositions | 1,084 |  |  |  |  |
Ending balance | (8,346,598) |  |  |  |  |
Construction in process: |  |  |  |  |
Beginning balance | 272,471 |  |  |  |  |
Costs incurred to develop and expand real estate facilities | 259,854 |  |  |  |  |
Developed or expanded facilities opened for operation | (125,971) |  |  |  |  |
Ending balance | 406,354 |  |  |  |  |
Total real estate facilities at September 30, 2022 | $ | 15,835,650 |  |  |  |  |

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