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]

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure




					Initial Cost to Company				Cost Capitalized Subsequent to Acquisition⁽²⁾			Gross Amount Carried at Close of Period
Location		Encumbrances			Land		Building and Improvements		Cost Capitalized Subsequent to Acquisition⁽²⁾			Land		Building and Improvements		Total		Accumulated Depreciation		Date Acquired	Depreciable Life (Years)
OFFICE FACILITIES:
Tempe, Arizona	OFF001	$	—	(1)	$	1,033	$	6,652	$	2,942		$	1,033	$	9,594	$	10,627	$	4,959	1999	40.0
Tempe, Arizona	OFF002	—		(1)	1,033		6,652		491			1,033		7,143		8,176		3,521		1999	40.0
Tempe, Arizona	OFF003	—		(1)	1,033		6,652		556			1,033		7,208		8,241		3,524		1999	40.0
Tempe, Arizona	OFF004	—		(1)	701		4,339		2,171			701		6,510		7,211		2,551		1999	40.0
Alameda, California	OFF005	26,726			9,702		29,831		1,152			9,702		30,983		40,685		1,437		2018	40.0
Ft. Collins, Colorado	OFF006	—			—		16,752		(11,239		)	—		5,513		5,513		237		2002	40.0
Lisle, Illinois	OFF007	22,527			7,681		30,230		—			7,681		30,230		37,911		1,446		2018	40.0
Cockeysville, Maryland	OFF008	115,000			19,529		148,286		(324		)	19,529		147,962		167,491		4,563		2018	40.0
Chelmsford, Massachusetts	OFF009	7,096		(1)	1,600		21,947		285			1,600		22,232		23,832		9,982		2002	40.0
Jersey City, New Jersey	OFF010	63,500			—		99,296		—			—		99,296		99,296		2,097		2019	40.0
Mt. Laurel, New Jersey	OFF011	47,901		(1)	7,726		74,429		10			7,724		74,441		82,165		31,757		2002	40.0
Riverview, New Jersey	OFF012	7,755		(1)	1,008		13,763		206			1,008		13,969		14,977		5,492		2004	40.0
Riverview, New Jersey	OFF013	18,471		(1)	2,456		28,955		814			2,456		29,769		32,225		11,753		2004	40.0
North Hills, New York	OFF014	70,312			19,631		104,527		—			19,631		104,527		124,158		4,104		2018	40.0
Austin, Texas	OFF015	91,000			—		88,136		15,681			—		103,817		103,817		921		2019	40.0
Irving, Texas	OFF016	—		(1)	1,364		10,628		5,780			2,373		15,399		17,772		8,414		1999	40.0
Oakton, Virginia	OFF017	54,813			14,242		68,610		—			14,242		68,610		82,852		3,105		2018	40.0
Subtotal		$	525,101		$	88,739	$	759,685	$	18,525		$	89,746	$	777,203	$	866,949	$	99,863
INDUSTRIAL FACILITIES:
Montague, Michigan	IND001	—		(1)	598		9,814		—			598		9,814		10,412		4,213		2007	40.0
Little Falls, Minnesota	IND002	—		(1)	6,705		17,690		—			6,225		18,170		24,395		6,774		2005	40.0
Jackson, Ohio	IND003	39,662			1,990		56,329		16,995			1,990		73,324		75,314		2,544		2018	40.0




						Initial Cost to Company				Cost Capitalized Subsequent to Acquisition⁽²⁾			Gross Amount Carried at Close of Period
Location		Encumbrances				Land		Building and Improvements		Cost Capitalized Subsequent to Acquisition⁽²⁾			Land		Building and Improvements		Total		Accumulated Depreciation			Date Acquired	Depreciable Life (Years)
El Reno, Oklahoma	IND004	8,226				401		7,644		—			401		7,644		8,045		614			2018	40.0
Fort Worth, Texas	IND005	8,226				2,341		17,142		—			2,341		17,142		19,483		805			2018	40.0
Chippewa Falls, Wisconsin	IND006	29,961				2,845		55,805		—			2,845		55,805		58,650		2,637			2018	40.0
Subtotal		$	86,075			$	14,880	$	164,424	$	16,995		$	14,400	$	181,899	$	196,299	$	17,587
LAND:
Scottsdale, Arizona	LAN001	—				1,400		—		800			2,200		—		2,200		—			2011	0
Scottsdale, Arizona	LAN002	—				34,492		—		—			34,492		—		34,492		—			2019	0
Whittmann, Arizona	LAN003	—		(1	)	96,700		—		—			96,700		—		96,700		—			2010	0
Mammoth Lakes, California	LAN004	—				28,464		2,836		(20,742		)	7,722		2,836		10,558		2,836			2010	0
San Jose, California	LAN005	—				8,921		—		—			8,921		—		8,921		—			2017	0
Santa Clarita Valley, California	LAN006	—				59,100		—		(24,100		)	35,000		—		35,000		—			2010	0
Fort Myers, Florida	LAN007	—				5,883		—		(2,816		)	3,067		—		3,067		—			2014	0
Indiantown, Florida	LAN008	—				8,100		—		—			8,100		—		8,100		—			2009	0
Naples, Florida	LAN009	—				26,600		—		(142		)	26,458		—		26,458		4			2010	0
Chicago, Illinois	LAN010	—				31,500		—		—			31,500		—		31,500		—			2016	0
Asbury Park, New Jersey	LAN011	—				43,300		—		31,622			74,922		—		74,922		1,050		(3)	2009	0
Asbury Park, New Jersey	LAN012	—				3,992		—		148,681			152,673		—		152,673		—			2009	0
Asbury Park, New Jersey	LAN013	—				111		5,954		1,980			111		7,934		8,045		—			2009	0
Brooklyn, New York	LAN014	—				58,900		—		(19,874		)	39,026		—		39,026		—			2011	0
Long Beach, New York	LAN015	—				52,461		—		(22,461		)	30,000		—		30,000		—			2009	0
Wawarsing, New York	LAN016	—				4,600		—		—			4,600		—		4,600		—			2018	0




					Initial Cost to Company				Cost Capitalized Subsequent to Acquisition⁽²⁾			Gross Amount Carried at Close of Period
Location		Encumbrances			Land		Building and Improvements		Cost Capitalized Subsequent to Acquisition⁽²⁾			Land		Building and Improvements		Total		Accumulated Depreciation			Date Acquired	Depreciable Life (Years)
Chesterfield County, Virginia	LAN017	—			72,138		—		45,873			118,011		—		118,011		5,141		(3)	2009	0
Ranson, West Virginia	LAN018	—			9,083		—		(4,083		)	5,000		—		5,000		—			2016	0
Subtotal		$	—		$	545,745	$	8,790	$	134,738		$	678,503	$	10,770	$	689,273	$	9,031
ENTERTAINMENT:
Birmingham, Alabama	ENT001	1,668			1,939		1,840		—			1,939		1,840		3,779		173			2018	40.0
Avondale, Arizona	ENT002	1,332			389		2,074		1			389		2,075		2,464		117			2018	40.0
Glendale, Arizona	ENT003	2,350			1,750		2,118		—			1,750		2,118		3,868		188			2018	40.0
Gilbert, Arizona	ENT004	4,948			1,969		3,552		—			1,969		3,552		5,521		247			2018	40.0
Mesa, Arizona	ENT005	1,492			970		1,710		—			970		1,710		2,680		114			2018	40.0
Scottsdale, Arizona	ENT006	1,746			1,205		1,933		—			1,205		1,933		3,138		122			2018	40.0
Tucson, Arizona	ENT007	976			456		877		1			456		878		1,334		68			2018	40.0
Chula Vista, California	ENT008	2,630			2,032		4,869		—			2,032		4,869		6,901		332			2018	40.0
Fontana, California	ENT009	1,626			1,097		1,882		1			1,097		1,883		2,980		147			2018	40.0
Moreno Valley, California	ENT010	1,549			990		1,910		—			990		1,910		2,900		137			2018	40.0
Murrieta, California	ENT011	2,838			1,649		3,803		—			1,649		3,803		5,452		259			2018	40.0
Norco, California	ENT012	2,649			1,503		3,608		—			1,503		3,608		5,111		237			2018	40.0
Palmdale, California	ENT013	1,136			777		1,963		—			777		1,963		2,740		158			2018	40.0
San Diego, California	ENT014	—		(1)	—		18,000		—			—		18,000		18,000		6,880			2003	40.0
Thousand Oaks, California	ENT015	—		(1)	—		1,953		25,772			—		27,725		27,725		7,507			2008	40.0
Upland, California	ENT016	1,626			1,167		1,930		—			1,167		1,930		3,097		141			2018	40.0
Brampton, ONT, Canada	ENT017	2,137			1,231		2,491		—			1,231		2,491		3,722		176			2018	40.0
Aurora, Colorado	ENT018	1,645			1,057		1,719		—			1,057		1,719		2,776		133			2018	40.0




				Initial Cost to Company		Cost Capitalized Subsequent to Acquisition⁽²⁾		Gross Amount Carried at Close of Period
Location		Encumbrances		Land	Building and Improvements	Cost Capitalized Subsequent to Acquisition⁽²⁾		Land	Building and Improvements	Total	Accumulated Depreciation	Date Acquired	Depreciable Life (Years)
Colorado Springs, Colorado	ENT019	1,120		497	820	—		497	820	1,317	72	2018	40.0
Lakewood, Colorado	ENT020	1,559		713	2,206	—		713	2,206	2,919	112	2018	40.0
Lone Tree, Colorado	ENT021	5,625		2,880	5,586	—		2,880	5,586	8,466	345	2018	40.0
Westminster, Colorado	ENT022	1,650		1,018	1,886	—		1,018	1,886	2,904	134	2018	40.0
Wheat Ridge, Colorado	ENT023	1,070		669	1,671	—		669	1,671	2,340	119	2018	40.0
Apopka, Florida	ENT024	1,174		757	1,347	—		757	1,347	2,104	103	2018	40.0
Boca Raton, Florida	ENT025	—	(1)	—	41,809	—		—	41,809	41,809	22,913	2005	27.0
Boynton Beach, Florida	ENT026	—	(1)	6,550	—	17,118		6,533	17,135	23,668	5,424	2006	40.0
Margate, Florida	ENT027	1,259		513	493	—		513	493	1,006	31	2018	40.0
Melbourne, Florida	ENT028	1,326		843	1,537	—		843	1,537	2,380	119	2018	40.0
St. Petersburg, Florida	ENT029	—	(1)	4,200	18,272	—		4,200	18,272	22,472	6,783	2005	40.0
W. Palm Beach, Florida	ENT030	—	(1)	—	19,337	—		—	19,337	19,337	7,176	2005	40.0
Augusta, Georgia	ENT031	1,942		1,383	3,776	—		1,383	3,776	5,159	227	2018	40.0
Kennesaw, Georgia	ENT032	4,621		2,098	5,113	(1	)	2,098	5,112	7,210	300	2018	40.0
Lawrenceville, Georgia	ENT033	1,455		911	1,285	—		911	1,285	2,196	95	2018	40.0
Marietta, Georgia	ENT034	2,105		1,180	1,436	—		1,180	1,436	2,616	102	2018	40.0
Marietta, Georgia	ENT035	1,252		715	760	—		715	760	1,475	66	2018	40.0
Norcross, Georgia	ENT036	2,352		1,110	380	—		1,110	380	1,490	60	2018	40.0
Roswell, Georgia	ENT037	2,084		893	311	1		893	312	1,205	32	2018	40.0
Algonquin, Illinois	ENT038	3,081		1,312	4,041	—		1,312	4,041	5,353	314	2018	40.0
Buffalo Grove, Illinois	ENT039	1,676		861	3,945	—		861	3,945	4,806	238	2018	40.0
Chicago, Illinois	ENT040	—	(1)	8,803	57	30,479		8,803	30,536	39,339	9,403	2006	40.0




				Initial Cost to Company		Cost Capitalized Subsequent to Acquisition⁽²⁾		Gross Amount Carried at Close of Period
Location		Encumbrances		Land	Building and Improvements	Cost Capitalized Subsequent to Acquisition⁽²⁾		Land	Building and Improvements	Total	Accumulated Depreciation	Date Acquired	Depreciable Life (Years)
Glendale Heights, Illinois	ENT041	1,082		455	819	1		455	820	1,275	47	2018	40.0
Lake Zurich, Illinois	ENT042	1,199		924	238	1		924	239	1,163	97	2018	40.0
Mount Prospect, Illinois	ENT043	1,225		704	956	(1	)	704	955	1,659	66	2018	40.0
Romeoville, Illinois	ENT044	2,950		2,254	3,251	—		2,254	3,251	5,505	289	2018	40.0
Roselle, Illinois	ENT045	1,091		730	682	—		730	682	1,412	72	2018	40.0
River Grove, Illinois	ENT046	1,772		1,754	3,289	(1	)	1,754	3,288	5,042	238	2018	40.0
Vernon Hills, Illinois	ENT047	978		600	666	—		600	666	1,266	64	2018	40.0
Waukegan, Illinois	ENT048	622		342	670	—		342	670	1,012	50	2018	40.0
Woodridge, Illinois	ENT049	1,169		829	1,597	(1	)	829	1,596	2,425	120	2018	40.0
Columbia, Maryland	ENT050	1,704		1,762	1,300	—		1,762	1,300	3,062	124	2018	40.0
Ellicott City, Maryland	ENT051	1,325		889	1,632	1		889	1,633	2,522	96	2018	40.0
Blaine, Minnesota	ENT052	2,619		1,801	2,814	(1	)	1,801	2,813	4,614	250	2018	40.0
Brooklyn Park, Minnesota	ENT053	2,612		1,455	2,036	—		1,455	2,036	3,491	180	2018	40.0
Burnsville, Minnesota	ENT054	—	(1)	2,962	—	17,164		2,962	17,164	20,126	6,265	2006	40.0
Eden Prairie, Minnesota	ENT055	2,668		1,496	2,117	(1	)	1,496	2,116	3,612	166	2018	40.0
Lakeville, Minnesota	ENT056	2,670		1,910	3,373	—		1,910	3,373	5,283	230	2018	40.0
Rochester, Minnesota	ENT057	—	(1)	2,437	8,715	2,098		2,437	10,813	13,250	4,410	2006	40.0
St. Peters, Missouri	ENT058	2,904		1,936	3,381	—		1,936	3,381	5,317	227	2018	40.0
Valley Park, Missouri	ENT059	1,366		803	1,408	—		803	1,408	2,211	92	2018	40.0




					Initial Cost to Company				Cost Capitalized Subsequent to Acquisition⁽²⁾			Gross Amount Carried at Close of Period
Location		Encumbrances			Land		Building and Improvements		Cost Capitalized Subsequent to Acquisition⁽²⁾			Land		Building and Improvements		Total		Accumulated Depreciation		Date Acquired	Depreciable Life (Years)
Asbury Park, New Jersey	ENT060	—			750		10,670		678			750		11,348		12,098		516		2017	40.0
Fairlawn, New Jersey	ENT061	1,589			1,141		2,094		—			1,141		2,094		3,235		123		2018	40.0
Turnersville, New Jersey	ENT062	1,457			1,354		1,314		—			1,354		1,314		2,668		151		2018	40.0
Brooklyn, New York	ENT063	—			3,277		—		501			587		3,191		3,778		84		2013	40.0
N. Ridgeville, Ohio	ENT064	949			290		1,057		—			290		1,057		1,347		47		2018	40.0
Belle Vernon, Pennsylvania	ENT065	825			410		759		—			410		759		1,169		68		2018	40.0
Denton, Texas	ENT066	1,169			712		763		—			712		763		1,475		58		2018	40.0
Ft. Worth, Texas	ENT067	955			379		266		—			379		266		645		29		2018	40.0
Watauga, Texas	ENT068	2,125			1,073		2,274		—			1,073		2,274		3,347		144		2018	40.0
Lynnwood, Washington	ENT069	2,134			1,608		4,010		—			1,608		4,010		5,618		269		2018	40.0
Quincy, Washington	ENT070	—		(1)	1,500		6,500		—			1,500		6,500		8,000		3,058		2003	40.0
Subtotal		$	108,858		$	96,624	$	242,951	$	93,811		$	93,917	$	339,469	$	433,386	$	88,934
RETAIL:
Scottsdale, Arizona	RET001	—			2,657		2,666		248			2,657		2,914		5,571		673		2011	40.0
Colorado Springs, Colorado	RET002	—		(1)	2,631		279		5,195			2,607		5,498		8,105		1,721		2006	40.0
St. Augustine, Florida	RET003	—		(1)	3,950		—		10,285			3,908		10,327		14,235		3,413		2005	40.0
Honolulu, Hawaii	RET004	—			3,393		21,155		(7,507		)	3,393		13,648		17,041		4,207		2009	40.0
Chicago, Illinois	RET005	—			—		336		1,775			—		2,111		2,111		1,261		2010	40.0
Albuquerque, New Mexico	RET006	—		(1)	1,733		—		8,728			1,705		8,756		10,461		3,017		2005	40.0
Hamburg, New York	RET007	—		(1)	731		6,073		699			711		6,792		7,503		2,666		2005	40.0
Anthony, Texas	RET008	—		(1)	3,538		4,215		(187		)	3,514		4,052		7,566		1,393		2005	40.0
Draper, Utah	RET009	—		(1)	3,502		—		5,975			3,502		5,975		9,477		1,956		2005	40.0




				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition⁽²⁾			Gross Amount Carried at Close of Period
Location		Encumbrances		Land		Building and Improvements		Cost Capitalized Subsequent to Acquisition⁽²⁾			Land		Building and Improvements		Total			Accumulated Depreciation			Date Acquired	Depreciable Life (Years)
Subtotal		$	—	$	22,135	$	34,724	$	25,211		$	21,997	$	60,073	$	82,070		$	20,307
HOTEL:
Honolulu, Hawaii	HOT001	—		17,996		17,996		(31,160		)	3,419		1,413		4,832			4,531			2009	40.0
Asbury Park, New Jersey	HOT002	—		297		18,299		3,850			297		22,149		22,446			614			2019	40.0
Asbury Park, New Jersey	HOT003	—		120		6,548		—			120		6,548		6,668			82			2019	40.0
Asbury Park, New Jersey	HOT004	—		3,815		40,194		3,632			3,815		43,826		47,641			6,472			2016	40.0
Subtotal		$	—	$	22,228	$	83,037	$	(23,678	)	$	7,651	$	73,936	$	81,587		$	11,699
APARTMENT/RESIDENTIAL:
Mammoth, California	APA001	—		10,078		40,312		(50,009		)	76		305		381			—			2007	0
Atlanta, Georgia	APA002	—		2,963		11,850		(7,200		)	1,523		6,090		7,613			—			2010	0
Jersey City, New Jersey	APA003	—		36,405		64,719		(100,769		)	127		228		355			—			2009	0
Subtotal		$	—	$	49,446	$	116,881	$	(157,978	)	$	1,726	$	6,623	$	8,349		$	—
MIXED USE:
Riverside, California	MXU001	—		5,869		629		2			5,869		631		6,500			577			2010	40.0
Subtotal		$	—	$	5,869	$	629	$	2		$	5,869	$	631	$	6,500		$	577
Total		$	720,034	$	845,666	$	1,411,121	$	107,626		$	913,809	$	1,450,604	$	2,364,413	(4)	$	247,998	(5)

_______________________________________________________________________________


(1)	Consists of properties pledged as collateral under the Company's secured credit facilities with a carrying value of $546.6 million.


(2)	Includes impairments and unit sales.


(3)	These properties have land improvements which have depreciable lives of 15 to 20 years.


(4)	The aggregate cost for Federal income tax purposes was approximately $2.70 billion at December 31, 2019.


(5)	Includes $9.6 million and $4.5 million relating to accumulated depreciation for land and development assets and real estate assets held for sale, respectively, as of December 31, 2019.

The following table reconciles real estate from January 1, 2017 to December 31, 2019:



	2019			2018			2017
Balance at January 1	$	2,710,512		$	2,577,195		$	2,997,351
Improvements and additions	134,035			203,124			167,676
Acquisitions through foreclosure	—			4,600			—
Other acquisitions	231,436			762,207			5,164
Dispositions	(464,648		)	(656,900		)	(561,431		)
Other⁽¹⁾	(236,545		)	—			—
Impairments	(10,377		)	(179,714		)	(31,565		)
Balance at December 31	$	2,364,413		$	2,710,512		$	2,577,195

_______________________________________________________________________________


(1)	Refer to Note 5.

The following table reconciles accumulated depreciation from January 1, 2017 to December 31, 2019:



	2019			2018			2017
Balance at January 1	$	(318,724	)	$	(366,265	)	$	(426,982	)
Additions	(45,615		)	(48,376		)	(44,270		)
Other⁽¹⁾	44,200			—			—
Dispositions	72,141			95,917			104,987
Balance at December 31	$	(247,998	)	$	(318,724	)	$	(366,265	)

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(1)

Refer to Note 5.