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Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2020

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												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					$	5,324					1999						40.0
Tempe, Arizona			OFF002			—						(1)						1,033						6,652						491						1,033						7,143						8,176						3,724						1999						40.0
Tempe, Arizona			OFF003			—						(1)						1,033						6,652						556						1,033						7,208						8,241						3,750						1999						40.0
Tempe, Arizona			OFF004			—						(1)						701						4,339						2,171						701						6,510						7,211						2,845						1999						40.0
Alameda, California			OFF005			26,025												9,702						29,831						1,167						9,702						30,998						40,700						2,397						2018						40.0
Ft. Collins, Colorado			OFF006			—												—						16,752						(11,239)						—						5,513						5,513						474						2002						40.0
Lisle, Illinois			OFF007			21,115												7,681						30,230						—						7,681						30,230						37,911						2,411						2018						40.0
Cockeysville, Maryland			OFF008			115,000												19,529						148,286						(85)						19,529						148,201						167,730						8,269						2018						40.0
Chelmsford, Massachusetts			OFF009			5,931												1,600						21,947						285						1,600						22,232						23,832						10,540						2002						40.0
Jersey City, New Jersey			OFF010			63,500												—						99,296						—						—						99,296						99,296						4,571						2019						40.0
Mt. Laurel, New Jersey			OFF011			46,787												7,726						74,429						10						7,724						74,441						82,165						33,620						2002						40.0
Riverview, New Jersey			OFF012			6,850												1,008						13,763						206						1,008						13,969						14,977						5,847						2004						40.0
Riverview, New Jersey			OFF013			16,288												2,456						28,955						814						2,456						29,769						32,225						12,511						2004						40.0
North Hills, New York			OFF014			70,149												19,631						104,527						—						19,631						104,527						124,158						6,840						2018						40.0
Austin, Texas			OFF015			91,000												—						88,136						17,436						—						105,572						105,572						3,811						2019						40.0
Oakton, Virginia			OFF016			54,085												14,242						68,610						—						14,242						68,610						82,852						5,175						2018						40.0
Subtotal						$	516,730											$	87,375					$	749,057					$	14,754					$	87,373					$	763,813					$	851,186					$	112,109
INDUSTRIAL FACILITIES:
Montague, Michigan			IND001			—						(1)						598						9,814						—						598						9,814						10,412						4,540						2007						40.0
Little Falls, Minnesota			IND002			—						(1)						6,705						17,690						—						6,225						18,170						24,395						7,228						2005						40.0
Jacksonville, Ohio			IND003			52,410												1,990						56,329						23,979						1,990						80,308						82,298						4,302						2018						40.0
El Reno, Oklahoma			IND004			7,903												401						7,644						—						401						7,644						8,045						1,023						2018						40.0
Fort Worth, Texas			IND005			7,903												2,341						17,142						—						2,341						17,142						19,483						1,343						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												Land						Building and Improvements						Total						Accumulated Depreciation						Date Acquired						Depreciable Life (Years)
Chippewa Falls, Wisconsin			IND006			29,670												2,845						55,805						273						2,845						56,078						58,923						4,397						2018						40.0
Subtotal						$	97,886											$	14,880					$	164,424					$	24,252					$	14,400					$	189,156					$	203,556					$	22,833
LAND:
Scottsdale, Arizona			LAN001			—												1,400						—						800						2,200						—						2,200						—						2011						0
Whittmann, Arizona			LAN002			—												96,700						—						—						96,700						—						96,700						—						2010						0
Mammoth Lakes, California			LAN003			—												28,464						2,836						(19,517)						8,947						2,836						11,783						2,836			(3)			2010						0
Naples, Florida			LAN004			—												26,600						—						(20,516)						26,600						(20,516)						6,084						5						2010						0
Chicago, Illinois			LAN005			—												31,500						—						—						31,500						—						31,500						—						2016						0
Asbury Park, New Jersey			LAN006			—												43,300						—						39,736						83,036						—						83,036						1,123						2009						0
Asbury Park, New Jersey			LAN007			—												3,992						—						106,934						110,926						—						110,926						—			(3)			2009						0
Asbury Park, New Jersey			LAN008			—												111						5,954						2,206						2,317						5,954						8,271						—						2009						0
Brooklyn, New York			LAN009			—												58,900						—						(19,874)						39,026						—						39,026						—						2011						0
Long Beach, New York			LAN010			—												52,461						—						(22,461)						30,000						—						30,000						—						2009						0
Wawarsing, New York			LAN011			—												4,600						—						—						4,600						—						4,600						—						2018						0
Chesterfield County, Virginia			LAN012			—												72,138						—						35,137						107,275						—						107,275						5,944						2009						0
Subtotal						$	—											$	420,166					$	8,790					$	102,445					$	543,127					$	(11,726)					$	531,401					$	9,908
ENTERTAINMENT:
Birmingham, Alabama			ENT001			1,618												1,939						1,840						—						1,939						1,840						3,779						288						2018						40.0
Avondale, Arizona			ENT002			1,293												389						2,074						1						389						2,075						2,464						195						2018						40.0
Glendale, Arizona			ENT003			2,281												1,750						2,118						—						1,750						2,118						3,868						314						2018						40.0
Gilbert, Arizona			ENT004			4,801												1,969						3,552						—						1,969						3,552						5,521						412						2018						40.0
Mesa, Arizona			ENT005			1,448												970						1,710						—						970						1,710						2,680						190						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												Land						Building and Improvements						Total						Accumulated Depreciation						Date Acquired						Depreciable Life (Years)
Scottsdale, Arizona			ENT006			1,694												1,205						1,933						—						1,205						1,933						3,138						204						2018						40.0
Tucson, Arizona			ENT007			948												456						877						1						456						878						1,334						114						2018						40.0
Chula Vista, California			ENT008			2,552												2,032						4,869						—						2,032						4,869						6,901						554						2018						40.0
Fontana, California			ENT009			1,578												1,097						1,882						1						1,097						1,883						2,980						244						2018						40.0
Moreno Valley, California			ENT010			1,503												990						1,910						—						990						1,910						2,900						228						2018						40.0
Murrieta, California			ENT011			2,754												1,649						3,803						—						1,649						3,803						5,452						431						2018						40.0
Norco, California			ENT012			2,570												1,503						3,608						—						1,503						3,608						5,111						394						2018						40.0
Palmdale, California			ENT013			1,103												777						1,963						—						777						1,963						2,740						263						2018						40.0
San Diego, California			ENT014			—						(1)						—						18,000						—						—						18,000						18,000						7,303						2003						40.0
Thousand Oaks, California			ENT015			—						(1)						—						1,953						28,817						—						30,770						30,770						8,201						2008						40.0
Upland, California			ENT016			1,578												1,167						1,930						—						1,167						1,930						3,097						235						2018						40.0
Brampton, ONT, Canada			ENT017			2,074												1,231						2,491						—						1,231						2,491						3,722						294						2018						40.0
Aurora, Colorado			ENT018			1,596												1,057						1,719						—						1,057						1,719						2,776						222						2018						40.0
Colorado Springs, Colorado			ENT019			1,087												497						820						—						497						820						1,317						120						2018						40.0
Lakewood, Colorado			ENT020			1,513												713						2,206						—						713						2,206						2,919						187						2018						40.0
Lone Tree, Colorado			ENT021			5,458												2,880						5,586						—						2,880						5,586						8,466						576						2018						40.0
Westminster, Colorado			ENT022			1,601												1,018						1,886						—						1,018						1,886						2,904						223						2018						40.0
Wheat Ridge, Colorado			ENT023			1,038												669						1,671						—						669						1,671						2,340						198						2018						40.0
Apopka, Florida			ENT024			1,139												757						1,347						—						757						1,347						2,104						171						2018						40.0
Boca Raton, Florida			ENT025			—						(1)						—						41,809						—						—						41,809						41,809						24,456						2005						27.0
Boynton Beach, Florida			ENT026			—						(1)						6,550						—						17,118						6,533						17,135						23,668						5,852						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												Land						Building and Improvements						Total						Accumulated Depreciation						Date Acquired						Depreciable Life (Years)
Margate, Florida			ENT027			1,222												513						493						—						513						493						1,006						52						2018						40.0
Melbourne, Florida			ENT028			1,287												843						1,537						—						843						1,537						2,380						198						2018						40.0
St. Petersburg, Florida			ENT029			—						(1)						4,200						18,272						2,591						4,200						20,863						25,063						7,240						2005						40.0
W. Palm Beach, Florida			ENT030			—						(1)						—						19,337						3,863						—						23,200						23,200						7,659						2005						40.0
Augusta, Georgia			ENT031			1,885												1,383						3,776						—						1,383						3,776						5,159						378						2018						40.0
Kennesaw, Georgia			ENT032			4,484												2,098						5,113						(1)						2,098						5,112						7,210						500						2018						40.0
Lawrenceville, Georgia			ENT033			1,412												911						1,285						—						911						1,285						2,196						158						2018						40.0
Marietta, Georgia			ENT034			2,043												1,180						1,436						—						1,180						1,436						2,616						170						2018						40.0
Marietta, Georgia			ENT035			1,215												715						760						—						715						760						1,475						110						2018						40.0
Norcross, Georgia			ENT036			2,283												1,110						380						—						1,110						380						1,490						100						2018						40.0
Roswell, Georgia			ENT037			2,022												893						311						1						893						312						1,205						53						2018						40.0
Algonquin, Illinois			ENT038			2,990												1,312						4,041						—						1,312						4,041						5,353						524						2018						40.0
Buffalo Grove, Illinois			ENT039			1,627												861						3,945						—						861						3,945						4,806						397						2018						40.0
Chicago, Illinois			ENT040			—						(1)						8,803						57						33,479						8,803						33,536						42,339						10,166						2006						40.0
Glendale Heights, Illinois			ENT041			1,050												455						819						1						455						820						1,275						79						2018						40.0
Lake Zurich, Illinois			ENT042			1,163												924						238						1						924						239						1,163						161						2018						40.0
Mount Prospect, Illinois			ENT043			1,188												704						956						(1)						704						955						1,659						109						2018						40.0
Romeoville, Illinois			ENT044			2,863												2,254						3,251						—						2,254						3,251						5,505						481						2018						40.0
Roselle, Illinois			ENT045			1,058												730						682						—						730						682						1,412						121						2018						40.0
River Grove, Illinois			ENT046			1,720												1,754						3,289						(1)						1,754						3,288						5,042						397						2018						40.0
Vernon Hills, Illinois			ENT047			949												600						666						—						600						666						1,266						107						2018						40.0
Waukegan, Illinois			ENT048			603												342						670						—						342						670						1,012						83						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												Land						Building and Improvements						Total						Accumulated Depreciation						Date Acquired						Depreciable Life (Years)
Woodridge, Illinois			ENT049			1,135												829						1,597						(1)						829						1,596						2,425						200						2018						40.0
Columbia, Maryland			ENT050			1,653												1,762						1,300						—						1,762						1,300						3,062						207						2018						40.0
Ellicott City, Maryland			ENT051			1,286												889						1,632						1						889						1,633						2,522						161						2018						40.0
Blaine, Minnesota			ENT052			2,542												1,801						2,814						(1)						1,801						2,813						4,614						417						2018						40.0
Brooklyn Park, Minnesota			ENT053			2,534												1,455						2,036						—						1,455						2,036						3,491						300						2018						40.0
Burnsville, Minnesota			ENT054			—						(1)						2,962						—						17,164						2,962						17,164						20,126						6,877						2006						40.0
Eden Prairie, Minnesota			ENT055			2,589												1,496						2,117						—						1,496						2,117						3,613						277						2018						40.0
Lakeville, Minnesota			ENT056			2,591												1,910						3,373						—						1,910						3,373						5,283						384						2018						40.0
Rochester, Minnesota			ENT057			—						(1)						2,437						8,715						2,098						2,437						10,813						13,250						4,830						2006						40.0
St. Peters, Missouri			ENT058			2,818												1,936						3,381						—						1,936						3,381						5,317						378						2014						40.0
Valley Park, Missouri			ENT059			1,326												803						1,408						—						803						1,408						2,211						153						2014						40.0
Asbury Park, New Jersey			ENT060			—												750						10,670						798						750						11,468						12,218						868						2017						40.0
Fairlawn, New Jersey			ENT061			1,542												1,141						2,094						—						1,141						2,094						3,235						205						2018						40.0
Turnersville, New Jersey			ENT062			1,413												1,354						1,314						—						1,354						1,314						2,668						252						2018						40.0
Brooklyn, New York			ENT063			—												3,277						—						501						587						3,191						3,778						169						2013						40.0
N. Ridgeville, Ohio			ENT064			921												290						1,057						—						290						1,057						1,347						79						2018						40.0
Belle Vernon, Pennsylvania			ENT065			801												410						759						—						410						759						1,169						113						2018						40.0
Denton, Texas			ENT066			1,135												712						763						—						712						763						1,475						97						2018						40.0
Ft. Worth, Texas			ENT067			926												379						266						—						379						266						645						48						2018						40.0
Watauga, Texas			ENT068			2,062												1,073						2,274						—						1,073						2,274						3,347						241						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												Land						Building and Improvements						Total						Accumulated Depreciation						Date Acquired						Depreciable Life (Years)
Lynnwood, Washington			ENT069			2,071												1,608						4,010						—						1,608						4,010						5,618						447						2018						40.0
Quincy, Washington			ENT070			—						(1)						1,500						6,500						—						1,500						6,500						8,000						3,246						2003						40.0
Subtotal						$	105,636											$	96,624					$	242,951					$	106,431					$	93,917					$	352,089					$	446,006					$	101,061
RETAIL:
Colorado Springs, Colorado			RET001			—						(1)						2,631						279						5,195						2,607						5,498						8,105						1,860						2006						40.0
St. Augustine, Florida			RET002			—						(1)						3,950						—						10,285						3,908						10,327						14,235						3,674						2005						40.0
Honolulu, Hawaii			RET003			—												3,393						21,155						(7,132)						3,393						14,023						17,416						4,546						2009						40.0
Chicago, Illinois			RET004			—						(1)						—						336						2,275						—						2,611						2,611						1,460						2010						40.0
Albuquerque, New Mexico			RET005			—						(1)						1,733						—						8,728						1,705						8,756						10,461						3,235						2005						40.0
Hamburg, New York			RET006			—						(1)						731						6,073						699						711						6,792						7,503						2,859						2005						40.0
Anthony, Texas			RET007			—						(1)						3,538						4,215						(187)						3,514						4,052						7,566						1,499						2005						40.0
Draper, Utah			RET008			—						(1)						3,502						—						5,975						3,502						5,975						9,477						2,107						2005						40.0
Subtotal						$	—											$	19,478					$	32,058					$	25,838					$	19,340					$	58,034					$	77,374					$	21,240
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						3,896						297						22,195						22,492						1,850						2019						40.0
Asbury Park, New Jersey			HOT003			—												120						6,548						10						120						6,558						6,678						246						2019						40.0
Asbury Park, New Jersey			HOT004			—												3,815						40,194						4,052						3,815						44,246						48,061						8,433						2016						40.0
Subtotal						$	—											$	22,228					$	83,037					$	(23,202)					$	7,651					$	74,412					$	82,063					$	15,060
APARTMENT/RESIDENTIAL:
Mammoth, California			APA001			—												10,078						40,312						(50,315)						15						60						75						—						2007						0
Atlanta, Georgia			APA002			—												2,963						11,850						(10,171)						928						3,714						4,642						—						2010						0
Jersey City, New Jersey			APA003			—												36,405						64,719						(100,930)						69						125						194						—						2009						0
Subtotal						$	—											$	49,446					$	116,881					$	(161,416)					$	1,012					$	3,899					$	4,911					$	—

																		Initial Cost to Company												Cost Capitalized Subsequent to Acquisition(2)						Gross Amount Carried at Close of Period
Location						Encumbrances												Land						Building and Improvements												Land						Building and Improvements						Total						Accumulated Depreciation						Date Acquired						Depreciable Life (Years)
MIXED USE:
Riverside, California			MXU001			—												5,869						629						2						5,869						631						6,500						630						2010						40.0
Subtotal						$	—											$	5,869					$	629					$	2					$	5,869					$	631					$	6,500					$	630
Total						$	720,252											$	716,066					$	1,397,827					$	89,104					$	772,689					$	1,430,308					$	2,202,997		(4)			$	282,841		(5)

_______________________________________________________________________________

(1)Consists of properties pledged as collateral under the Company's secured credit facilities with a carrying value of $263.4 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 $2.56 billion at December 31, 2020.

(5)Includes $10.5 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, 2020.

The following table reconciles real estate from January 1, 2018 to December 31, 2020:

						2020						2019						2018
Balance at January 1						$	2,364,413					$	2,710,512					$	2,577,195
Improvements and additions						53,906						134,035						203,124
Acquisitions through foreclosure						—						—						4,600
Other acquisitions						—						231,436						762,207
Dispositions						(209,532)						(464,648)						(656,900)
Other(1)						—						(236,545)						—
Impairments						(5,790)						(10,377)						(179,714)
Balance at December 31						$	2,202,997					$	2,364,413					$	2,710,512

_______________________________________________________________________________

(1)Refer to Note 5.

The following table reconciles accumulated depreciation from January 1, 2018 to December 31, 2020:

						2020						2019						2018
Balance at January 1						$	(247,998)					$	(318,724)					$	(366,265)
Additions						(44,270)						(45,615)						(48,376)
Other(1)						—						44,200						—
Dispositions						9,427						72,141						95,917
Balance at December 31						$	(282,841)					$	(247,998)					$	(318,724)

_______________________________________________________________________________

(1)Refer to Note 5.

X

- References

No definition available.

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- Definition

The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 28

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 970
-SubTopic 360
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-28)
-URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024

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