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Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III Real Estate and Accumulated Depreciation
Schedule III—Real Estate and Accumulated Depreciation
December 31, 2019
(In thousands)
Initial Costs
Costs Capitalized Subsequent to Acquisition
Total Costs
Property name
Encumbrances
Land
Building & Improvements
Land
Building & Improvements
Total
Accumulated Depreciation(1)
Year Built / RenovatedYear Acquired
Office
875 Howard, San Francisco Bay Area, CA$—  $18,058  $41,046  $23,902  $18,058  $64,948  $83,006  $(18,153) Various2007
6040 Sunset, Los Angeles, CA—  6,599  27,187  28,167  6,599  55,354  61,953  (23,962) 20082008
ICON, Los Angeles, CA—  —  —  151,402  —  151,402  151,402  (16,149) 20172008
CUE, Los Angeles, CA—  —  —  45,603  —  45,603  45,603  (3,111) 20172008
EPIC, Los Angeles, CA—  10,606  —  186,054  10,606  186,054  196,660  (1,516) 20192008
Del Amo, Los Angeles, CA—  —  18,000  2,868  —  20,868  20,868  (6,289) 19862010
1455 Market, San Francisco Bay Area, CA—  41,226  34,990  100,415  41,226  135,405  176,631  (42,853) 19762010
Rincon Center, San Francisco Bay Area, CA
—  58,251  110,656  42,636  58,251  153,292  211,543  (35,797) 1940/19892010
10950 Washington, Los Angeles, CA
26,312  17,979  25,110  920  17,979  26,030  44,009  (6,007) 1957/19742010
604 Arizona, Los Angeles, CA—  5,620  14,745  4,453  5,620  19,198  24,818  (4,113) 1950/20052011
275 Brannan, San Francisco Bay Area, CA—  4,187  8,063  15,285  4,187  23,348  27,535  (9,214) 19052011
625 Second, San Francisco Bay Area, CA—  10,744  42,650  6,668  10,744  49,318  60,062  (11,379) 1906/19992011
6922 Hollywood, Los Angeles, CA—  16,608  72,392  20,335  16,608  92,727  109,335  (18,765) 19672011
10900 Washington, Los Angeles, CA—  1,400  1,200  141  1,400  1,341  2,741  (312) 19732012
901 Market, San Francisco Bay Area, CA—  17,882  79,305  15,318  17,882  94,623  112,505  (20,736) 1912/19852012
Element LA, Los Angeles, CA
168,000  79,769  19,755  95,891  79,769  115,646  195,415  (17,704) 19492012, 2013
3401 Exposition, Los Angeles, CA—  14,120  11,319  12,072  14,120  23,391  37,511  (4,756) 19612013
505 First, Greater Seattle, WA—  22,917  133,034  5,065  22,917  138,099  161,016  (26,618) Various2013
83 King, Greater Seattle, WA—  12,982  51,403  10,487  12,982  61,890  74,872  (11,431) Various2013
Met Park North, Greater Seattle, WA
64,500  28,996  71,768  1,203  28,996  72,971  101,967  (14,721) 20002013
Northview Center, Greater Seattle, WA—  4,803  41,191  2,878  4,803  44,069  48,872  (8,945) 19912013
411 First, Greater Seattle, WA—  27,684  29,824  18,821  27,684  48,645  76,329  (9,600) Various2014
450 Alaskan, Greater Seattle, WA—  —  —  86,457  —  86,457  86,457  (5,556) Various2014
95 Jackson, Greater Seattle, WA—  —  —  16,869  —  16,869  16,869  (1,816) Various2014
Palo Alto Square, San Francisco Bay Area, CA—  —  326,033  36,283  —  362,316  362,316  (59,597) 19712015
3400 Hillview, San Francisco Bay Area, CA—  —  159,641  2,514  —  162,155  162,155  (34,698) 19912015
Foothill Research Center, San Francisco Bay Area, CA—  —  133,994  4,955  —  138,949  138,949  (28,265) 19912015
Page Mill Center, San Francisco Bay Area, CA—  —  147,625  6,748  —  154,373  154,373  (30,807) 1970/20162015
Clocktower Square, San Francisco Bay Area, CA—  —  93,949  6,275  —  100,224  100,224  (12,184) 19832015
3176 Porter, San Francisco Bay Area, CA—  —  34,561  864  —  35,425  35,425  (6,718) 19912015
Towers at Shore Center, San Francisco Bay Area, CA—  72,673  144,188  21,053  72,673  165,241  237,914  (23,781) 20012015
Skyway Landing, San Francisco Bay Area, CA—  37,959  63,559  4,211  37,959  67,770  105,729  (10,332) 20012015
Shorebreeze, San Francisco Bay Area, CA—  69,448  59,806  16,274  69,448  76,080  145,528  (12,350) 1985/19892015
Initial Costs
Costs Capitalized Subsequent to Acquisition
Total Costs
Property name
Encumbrances
Land
Building & Improvements
Land
Building & Improvements
Total
Accumulated Depreciation(1)
Year Built / RenovatedYear Acquired
555 Twin Dolphin, San Francisco Bay Area, CA—  40,614  73,457  11,025  40,614  84,482  125,096  (11,416) 19892015
333 Twin Dolphin, San Francisco Bay Area, CA—  36,441  64,892  19,820  36,441  84,712  121,153  (12,727) 19852015
Metro Center, San Francisco Bay Area, CA—  —  313,683  57,635  —  371,318  371,318  (58,166) Various2015
Concourse, San Francisco Bay Area, CA—  45,085  224,271  35,084  45,085  259,355  304,440  (39,772) Various2015
Gateway, San Francisco Bay Area, CA—  33,117  121,217  44,513  33,117  165,730  198,847  (29,242) Various2015
Metro Plaza, San Francisco Bay Area, CA—  16,038  106,156  25,650  16,038  131,806  147,844  (19,687) 19862015
1740 Technology, San Francisco Bay Area, CA—  8,052  49,486  3,302  8,052  52,788  60,840  (7,768) 19852015
Skyport Plaza, San Francisco Bay Area, CA—  29,033  153,844  2,575  29,033  156,419  185,452  (19,040) 2000/20012015
Techmart, San Francisco Bay Area, CA—  —  66,660  19,320  —  85,980  85,980  (15,848) 19862015
Fourth & Traction, Los Angeles, CA—  12,140  37,110  62,495  12,140  99,605  111,745  (6,126) Various2015
Maxwell, Los Angeles, CA—  13,040  26,960  57,449  13,040  84,409  97,449  (3,051) Various2015
11601 Wilshire, Los Angeles, CA
—  28,978  321,273  49,655  28,978  370,928  399,906  (37,408) 19832016, 2017
Hill7, Greater Seattle, WA
101,000  36,888  137,079  19,352  36,888  156,431  193,319  (16,605) 20152016
Page Mill Hill, San Francisco Bay Area, CA
—  —  131,402  7,641  —  139,043  139,043  (14,754) 19752016
Harlow, Los Angeles, CA(2)
—  7,455  —  41,285  7,455  41,285  48,740  —  N/A2017
One Westside, Los Angeles, CA(3)(4)
5,646  110,438  35,011  44,339  110,438  79,350  189,788  —  19852018
10850 Pico, Los Angeles, CA(3)(4)
—  34,682  16,313  (2,326) 34,682  13,987  48,669  (715) 19852018
Ferry Building, San Francisco Bay Area, CA(5)
—  —  268,292  15,505  —  283,797  283,797  (11,374) 1898/20032018
Studio
Sunset Gower Studios, Los Angeles, CA(6)
5,001  79,320  64,697  41,549  79,320  106,246  185,566  (30,007) Various2007, 2011, 2012
Sunset Bronson Studios, Los Angeles, CA(6)
—  67,092  32,374  33,455  67,092  65,829  132,921  (16,900) Various2008
Sunset Las Palmas Studios, Los Angeles, CA—  134,488  104,392  27,743  134,488  132,135  266,623  (9,438) Various2017, 2018
TOTAL$370,459  $1,313,412  $4,345,563  $1,610,153  $1,313,412  $5,955,716  $7,269,128  $(898,279) 
_____________
1.The Company computes depreciation using the straight-line method over the estimated useful lives over the shorter of the ground lease term or 39 years for building and improvements, 15 years for land improvements and over the shorter of asset life or life of the lease for tenant improvements.
2.This asset is currently under development.
3.This property is encumbered by a construction loan with additional capacity of up to $414.6 million. See description of secured debt in Part IV, Item 15(a) “Exhibits, Financial Statement Schedules—Note 6 to the Consolidated Financial Statements-Debt.”
4.These properties have $135.0 million debt secured by U.S. Government securities. See description of the in-substance defeased debt in Part IV, Item 15(a) “Exhibits, Financial Statement Schedules—Note 6 to the Consolidated Financial Statements-Debt.”
5.This property has $66.1 million due to our joint venture partner. See description of joint venture partner debt in Part IV, Item 15(a) “Exhibits, Financial Statement Schedules—Note 6 to the Consolidated Financial Statements-Debt.”
6.The encumbrance amount relates to both Sunset Gower Studios and Sunset Bronson Studios. See description of secured debt in Part IV, Item 15(a) “Exhibits, Financial Statement Schedules—Note 6 to the Consolidated Financial Statements-Debt.”

The aggregate gross cost of property included above for federal income tax purposes approximated $7.0 billion, unaudited as of December 31, 2019.
The following table reconciles the historical cost of total real estate held for investment and accumulated depreciation from January 1, 2017 to December 31, 2019:
Year Ended December 31,
201920182017
Total investment in real estate, beginning of year$7,059,537  $6,644,249  $6,507,484  
Additions during period:
Acquisitions—  505,257  255,848  
Improvements, capitalized costs395,390  364,721  330,809  
Total additions during period395,390  869,978  586,657  
Deductions during period
Disposal (fully depreciated assets and early terminations)(27,957) (27,821) (41,337) 
Impairment loss(52,201) —  —  
Cost of property sold(105,641) (426,869) (408,555) 
Total deductions during period(185,799) (454,690) (449,892) 
Ending balance, before reclassification to assets associated with real estate held for sale7,269,128  7,059,537  6,644,249  
Reclassification to assets associated with real estate held for sale—  —  (424,888) 
Total investment in real estate, end of year$7,269,128  $7,059,537  $6,219,361  
Total accumulated depreciation, beginning of year$(695,631) $(549,411) $(423,950) 
Additions during period:
Depreciation of real estate(235,097) (203,347) (206,838) 
Total additions during period(235,097) (203,347) (206,838) 
Deductions during period:
Deletions26,533  27,410  37,925  
Write-offs due to sale5,916  29,717  43,452  
Total deductions during period32,449  57,127  81,377  
Ending balance, before reclassification to assets associated with real estate held for sale(898,279) (695,631) (549,411) 
Reclassification to assets associated with real estate held for sale—  —  28,041  
Total accumulated depreciation, end of year$(898,279) $(695,631) $(521,370)