		Initial Cost to Company									Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition			Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Birmingham	AL	$	580	$	5,980	$	122		$	—	$	580	$	6,102	$	6,682	$	513		8/1/2008		2001
Birmingham	AL		600		7,574		360			—		600		7,934		8,534		664		8/1/2008		2000
Cullman⁽⁴⁾	AL		287		3,415		289			—		287		3,704		3,991		755		11/19/2004		1998
Madison⁽⁴⁾	AL		334		3,981		429			—		334		4,410		4,744		866		11/19/2004		1998
Sheffield⁽⁴⁾	AL		394		4,684		454			—		394		5,138		5,532		988		11/19/2004		1998
Peoria⁽⁴⁾	AZ		2,687		15,843		1,913			—		2,687		17,756		20,443		5,221		1/11/2002		1990
Phoenix	AZ		3,820		6,711		(45	)		—		3,820		6,666		10,486		167		12/22/2010		1982
Phoenix	AZ		1,380		6,349		5			—		1,380		6,354		7,734		40		9/30/2011		1987
Scottsdale	AZ		941		8,807		129			—		941		8,936		9,877		3,937		5/16/1994		1990
Scottsdale	AZ		2,315		13,650		3,651			—		2,315		17,301		19,616		4,575		1/11/2002		1984
Sun City	AZ		1,189		10,569		158			—		1,189		10,727		11,916		4,704		6/17/1994		1990
Sun City West	AZ		395		3,307		—			—		395		3,307		3,702		833		2/28/2003		1998
Tuscon⁽⁴⁾	AZ		4,429		26,119		3,212			—		4,429		29,331		33,760		8,450		1/11/2002		1989
Yuma	AZ		223		2,100		2,129			—		223		4,229		4,452		1,562		6/30/1992		1984
Yuma	AZ		103		604		193			—		103		797		900		385		6/30/1992		1984
Anaheim	CA		2,850		6,964		186			—		2,850		7,150		10,000		610		7/9/2008		1992
Encinitas	CA		1,510		18,042		304			—		1,510		18,346		19,856		1,745		3/31/2008		1999
Fremont	CA		3,200		10,177		—			—		3,200		10,177		13,377		64		9/30/2011		1990
Fremont	CA		3,750		12,656		—			—		3,750		12,656		16,406		79		9/30/2011		1985
Fremont	CA		4,580		10,370		416			—		4,580		10,786		15,366		65		9/30/2011		1991
Fresno	CA		738		2,577		188			—		738		2,765		3,503		1,549		12/28/1990		1963
Fresno	CA		880		12,751		243			—		880		12,994		13,874		1,226		3/31/2008		1996
Laguna Hills	CA		3,172		28,184		435			—		3,172		28,619		31,791		12,373		9/9/1994		1975
Lancaster	CA		601		1,859		2,735			—		601		4,594		5,195		1,860		12/28/1990		1969
Los Angeles	CA		24,640		88,277		198			—		24,640		88,475		113,115		2,394		11/22/2010		1978
Los Angeles	CA		24,640		90,352		422			—		24,640		90,774		115,414		2,453		11/22/2010		1978
Redlands	CA		1,770		9,982		173			—		1,770		10,155		11,925		959		3/31/2008		1999
Roseville	CA		1,620		10,262		216			—		1,620		10,478		12,098		989		3/31/2008		1998
San Bernardino	CA		1,250		9,069		653			—		1,250		9,722		10,972		1,451		8/31/2006		1988

		Initial Cost to Company									Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment			Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
San Diego	CA	$	2,466	$	46,473	$	—	$	—		$	2,466	$	46,473	$	48,939	$	2,808		8/6/2009		1986
San Diego	CA		1,225		23,077		—		—			1,225		23,077		24,302		1,394		8/6/2009		1986
San Diego	CA		1,508		28,753		—		—			1,508		28,753		30,261		1,737		8/6/2009		1986
San Diego⁽⁴⁾	CA		9,142		53,904		8,176		—			9,142		62,080		71,222		17,230		1/11/2002		1987
Stockton	CA		382		2,750		500		—			382		3,250		3,632		1,694		6/30/1992		1968
Stockton	CA		670		14,419		289		—			670		14,708		15,378		1,385		3/31/2008		1999
Stockton⁽⁴⁾	CA		1,176		11,171		5,109		—			1,176		16,280		17,456		3,449		9/30/2003		1988
Thousand Oaks	CA		622		2,522		2,286		—			622		4,808		5,430		1,959		12/28/1990		1965
Van Nuys	CA		718		378		673		—			718		1,051		1,769		511		12/28/1990		1969
Walnut Creek	CA		2,010		9,290		32		—			2,010		9,322		11,332		11		12/1/2011		1996
Canon City	CO		292		6,228		1,015		(3,512	)		292		3,731		4,023		1,200		9/26/1997		1970
Colorado Springs	CO		245		5,236		1,238		(3,031	)		245		3,443		3,688		1,141		9/26/1997		1972
Delta	CO		167		3,570		763		—			167		4,333		4,500		1,601		9/26/1997		1963
Grand Junction	CO		204		3,875		1,419		—			204		5,294		5,498		2,417		12/30/1993		1968
Grand Junction	CO		173		2,583		2,079		—			173		4,662		4,835		2,142		12/30/1993		1978
Lakewood	CO		232		3,766		2,787		—			232		6,553		6,785		2,857		12/28/1990		1972
Littleton	CO		185		5,043		2,223		—			185		7,266		7,451		3,437		12/28/1990		1965
Littleton	CO		400		3,507		—		—			400		3,507		3,907		883		2/28/2003		1998
Wheat Ridge⁽⁴⁾	CO		470		3,373		—		—			470		3,373		3,843		148		4/1/2010		2005
Cromwell	CT		570		5,304		—		—			570		5,304		5,874		133		12/22/2010		1998
Wallingford	CT		430		3,136		—		—			430		3,136		3,566		78		12/22/2010		1984
Washington	DC		13,700		8,400		514		—			13,700		8,914		22,614		697		12/22/2008		1966
Washington	DC		13,600		24,880		1,622		—			13,600		26,502		40,102		1,749		5/20/2009		1976
Newark	DE		2,010		11,852		2,770		—			2,010		14,622		16,632		3,934		1/11/2002		1982
Newark	DE		1,500		19,447		307		—			1,500		19,754		21,254		1,871		3/31/2008		1998
Wilmington	DE		4,365		25,739		1,570		—			4,365		27,309		31,674		7,746		1/11/2002		1988
Wilmington	DE		38		227		1,055		—			38		1,282		1,320		297		1/11/2002		1965
Wilmington	DE		869		5,126		3,133		—			869		8,259		9,128		2,241		1/11/2002		1989
Wilmington⁽⁴⁾	DE		1,179		6,950		1,275		—			1,179		8,225		9,404		2,455		1/11/2002		1974
Alachua	FL		1,080		1,675		9		—			1,080		1,684		2,764		24		6/6/2011		1985

		Initial Cost to Company								Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Alachua	FL	$	165	$	—	$	—	$	—	$	165	$	—	$	165	$	—		6/6/2011		—
Alachua	FL		331		—		—		—		331		—		331		—		6/6/2011		—
Alachua	FL		512		4,935		1		—		512		4,936		5,448		72		6/6/2011		2009
Alachua	FL		512		4,941		2		—		512		4,943		5,455		72		6/6/2011		2009
Alachua⁽⁴⁾	FL		570		4,276		5		—		570		4,281		4,851		45		7/26/2011		2007
Alachua	FL		4,000		—		—		—		4,000		—		4,000		—		8/30/2011		—
Boca Raton	FL		4,166		39,633		729		—		4,166		40,362		44,528		17,782		5/20/1994		1994
Boca Raton⁽⁴⁾	FL		3,200		46,800		71		—		3,200		46,871		50,071		54		12/15/2011		1990
Boynton Beach⁽⁴⁾	FL		2,390		14,768		78		—		2,390		14,846		17,236		160		8/9/2011		1994
Cape Coral	FL		400		2,907		—		—		400		2,907		3,307		734		2/28/2003		1998
Coral Springs⁽⁴⁾	FL		3,410		20,104		21,029		—		3,410		41,133		44,543		7,428		1/11/2002		1984
Deerfield Beach	FL		1,690		14,972		273		—		1,690		15,245		16,935		6,716		5/16/1994		1986
Deerfield Beach	FL		3,196		18,848		13,865		—		3,196		32,713		35,909		7,057		1/11/2002		1990
Fort Myers	FL		2,385		21,137		383		—		2,385		21,520		23,905		9,348		8/16/1994		1984
Fort Myers	FL		369		2,174		2,256		—		369		4,430		4,799		927		1/11/2002		1990
Holly Hill⁽⁴⁾	FL		900		21,202		156		—		900		21,358		22,258		274		7/22/2011		1926
Hollywood	FL		4,500		40,500		251		—		4,500		40,751		45,251		48		12/15/2011		1986
Naples	FL		3,200		2,898		12,365		—		3,200		15,263		18,463		1,748		8/31/2006		1984
Orlando	FL		519		1,799		566		—		519		2,365		2,884		137		12/22/2008		1997
Orlando	FL		1,946		7,197		—		—		1,946		7,197		9,143		548		12/22/2008		1997
Orlando	FL		135		532		29		—		135		561		696		41		12/22/2008		1997
Palm Harbor	FL		3,449		20,336		3,680		—		3,449		24,016		27,465		6,752		1/11/2002		1989
Palm Harbor⁽⁴⁾	FL		3,379		29,945		539		—		3,379		30,484		33,863		13,430		5/16/1994		1992
Plantation⁽⁴⁾	FL		4,700		24,300		123		—		4,700		24,423		29,123		31		12/15/2011		1989
Pompano Beach	FL		7,700		2,127		34,164		—		7,700		36,291		43,991		4,357		8/31/2006		1985
Pompano Beach	FL		2,500		15,500		81		—		2,500		15,581		18,081		20		12/15/2011		1991
Port Charlotte	FL		400		11,934		94		—		400		12,028		12,428		160		7/22/2011		1996
Port St. Lucie	FL		1,242		11,009		200		—		1,242		11,209		12,451		4,938		5/20/1994		1993
Port St. Lucie	FL		890		9,345		185		—		890		9,530		10,420		127		7/22/2011		2007
Tampa	FL		4,850		6,349		7		—		4,850		6,356		11,206		669		10/30/2007		1986

		Initial Cost to Company									Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment			Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
West Palm Beach	FL	$	2,061	$	12,153	$	9,094	$	—		$	2,061	$	21,247	$	23,308	$	5,019		1/11/2002		1988
Alpharetta	GA		5,390		26,712		—		—			5,390		26,712		32,102		2,254		8/21/2008		2006
Athens	GA		337		4,006		397		—			337		4,403		4,740		849		11/19/2004		1998
Atlanta	GA		4,980		11,266		41		—			4,980		11,307		16,287		258		1/26/2011		2002
Atlanta⁽⁴⁾	GA		5,800		9,305		3		—			5,800		9,308		15,108		960		11/30/2007		1978
Columbus	GA		294		3,505		132		—			294		3,637		3,931		718		11/19/2004		1999
Conyers	GA		750		7,786		2		—			750		7,788		8,538		243		9/30/2010		2008
Conyers⁽⁴⁾	GA		342		4,068		802		—			342		4,870		5,212		888		11/19/2004		1997
Dalton	GA		262		3,119		343		—			262		3,462		3,724		650		11/19/2004		1997
Decatur⁽⁴⁾	GA		3,100		4,436		297		—			3,100		4,733		7,833		427		7/9/2008		1986
Evans	GA		230		2,663		347		—			230		3,010		3,240		595		11/19/2004		1998
Gainesville⁽⁴⁾	GA		268		3,186		191		—			268		3,377		3,645		671		11/19/2004		1998
Jonesboro	GA		1,800		20,664		169		—			1,800		20,833		22,633		321		6/20/2011		2007
Macon⁽⁴⁾	GA		183		2,179		284		—			183		2,463		2,646		487		11/19/2004		1998
Savannah	GA		400		5,670		794		—			400		6,464		6,864		954		11/1/2006		1989
Savannah⁽⁴⁾	GA		1,200		19,090		2,610		—			1,200		21,700		22,900		2,910		10/1/2006		1987
Savannah⁽⁴⁾	GA		800		7,800		55		—			800		7,855		8,655		124		6/23/2011		2005
Snellville	GA		870		4,030		111		—			870		4,141		5,011		237		12/10/2009		1997
Tucker	GA		690		6,210		711		—			690		6,921		7,611		1,235		6/3/2005		1997
Clarinda	IA		77		1,453		873		—			77		2,326		2,403		1,155		12/30/1993		1968
Des Moines	IA		123		627		871		—			123		1,498		1,621		502		7/1/2000		1965
Glenwood	IA		322		2,098		1,572		—			322		3,670		3,992		1,134		7/1/2000		1964
Mediapolis	IA		94		1,776		708		—			94		2,484		2,578		1,233		12/30/1993		1973
Pacific Junction	IA		32		306		90		—			32		396		428		167		4/1/1995		1978
Winterset	IA		111		2,099		1,305		(314	)		111		3,090		3,201		1,522		12/30/1993		1973
Arlington Heights	IL		3,665		32,587		490		—			3,665		33,077		36,742		14,301		9/9/1994		1986
Buffalo Grove	IL		3,800		11,456		—		—			3,800		11,456		15,256		358		9/16/2010		2009
Rockford	IL		200		7,300		—		—			200		7,300		7,500		128		5/1/2011		1999
Romeoville	IL		1,120		19,582		—		—			1,120		19,582		20,702		1,652		8/21/2008		2005
Springfield	IL		300		6,744		1,014		—			300		7,758		8,058		1,097		8/31/2006		1990

		Initial Cost to Company								Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Waukegan	IL	$	2,420	$	9,382	$	—	$	—	$	2,420	$	9,382	$	11,802	$	58		9/30/2011		1998
Waukegan	IL		2,700		9,590		—		—		2,700		9,590		12,290		60		9/30/2011		1990
Auburn⁽⁴⁾	IN		380		8,246		40		—		380		8,286		8,666		729		9/1/2008		1999
Avon⁽⁴⁾	IN		850		11,888		80		—		850		11,968		12,818		1,049		9/1/2008		1999
Bloomington	IN		5,400		25,129		1,535		—		5,400		26,664		32,064		2,025		11/1/2008		1983
Greenwood	IN		1,830		14,303		—		—		1,830		14,303		16,133		11		12/1/2011		2007
Indianapolis⁽⁴⁾	IN		2,785		16,396		2,330		—		2,785		18,726		21,511		5,451		1/11/2002		1986
Kokomo⁽⁴⁾	IN		220		5,899		163		—		220		6,062		6,282		538		9/1/2008		1998
La Porte⁽⁴⁾	IN		770		5,550		35		—		770		5,585		6,355		514		9/1/2008		1998
Marion⁽⁴⁾	IN		410		5,409		203		—		410		5,612		6,022		501		9/1/2008		2000
Shelbyville⁽⁴⁾	IN		190		5,328		46		—		190		5,374		5,564		486		9/1/2008		1999
South Bend	IN		400		3,107		—		—		400		3,107		3,507		784		2/28/2003		1998
Terra Haute⁽⁴⁾	IN		300		13,115		45		—		300		13,160		13,460		1,177		9/1/2008		2005
Vincennes⁽⁴⁾	IN		110		3,603		339		—		110		3,942		4,052		352		9/1/2008		1985
Ellinwood	KS		130		1,137		490		—		130		1,627		1,757		684		4/1/1995		1972
Lawrence	KS		1,600		18,565		92		—		1,600		18,657		20,257		1,186		10/1/2009		1988
Overland Park	KS		2,568		15,140		2,287		—		2,568		17,427		19,995		4,974		1/11/2002		1985
Overland Park⁽⁴⁾	KS		1,274		11,426		1,844		—		1,274		13,270		14,544		3,392		10/25/2002		1989
Bowling Green⁽⁴⁾	KY		365		4,345		437		—		365		4,782		5,147		912		11/19/2004		1999
Frankfort	KY		560		8,282		1,178		—		560		9,460		10,020		1,307		8/31/2006		1989
Hopkinsville⁽⁴⁾	KY		316		3,761		185		—		316		3,946		4,262		770		11/19/2004		1999
Lafayette⁽⁵⁾	KY		—		10,848		10,943		—		—		21,791		21,791		9,261		1/11/2002		1985
Lexington⁽⁵⁾	KY		—		6,394		2,048		—		—		8,442		8,442		4,945		1/11/2002		1980
Louisville⁽⁴⁾	KY		3,524		20,779		5,077		—		3,524		25,856		29,380		7,225		1/11/2002		1984
Mayfield	KY		268		2,730		644		—		268		3,374		3,642		668		11/19/2004		1999
Paducah⁽⁴⁾	KY		450		5,358		588		—		450		5,946		6,396		1,136		11/19/2004		2000
Somerset	KY		200		4,919		240		—		200		5,159		5,359		652		11/6/2006		2000
Auburn	MA		1,510		7,000		310		—		1,510		7,310		8,820		621		8/8/2008		1977
Boston	MA		7,600		18,140		—		—		7,600		18,140		25,740		416		1/26/2011		1993
Braintree	MA		3,193		16,652		13,759		—		3,193		30,411		33,604		9,703		1/1/2002		1975

		Initial Cost to Company										Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition			Impairment			Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾			Date Acquired⁽³⁾		Original Construction Date
Charlton	MA	$	137	$	3,651	$	(59	)	$	(2,883	)	$	80	$	766	$	846	$	(19	)		8/8/2008		1988
Fitchburg	MA		330		3,361		32			—			330		3,393		3,723		287			8/8/2008		1994
Leominster	MA		1,520		8,703		465			—			1,520		9,168		10,688		745			8/8/2008		1966
Lexington	MA		3,600		15,555		1,914			(7,255	)		3,600		10,214		13,814		713			12/22/2008		1994
Mansfield	MA		2,090		8,215		—			—			2,090		8,215		10,305		205			12/22/2010		2002
Mansfield	MA		1,360		7,326		108			—			1,360		7,434		8,794		186			12/22/2010		1988
Mansfield	MA		1,190		5,737		—			—			1,190		5,737		6,927		143			12/22/2010		1988
Milford	MA		510		3,039		595			—			510		3,634		4,144		341			8/8/2008		1989
Millbury	MA		160		767		—			—			160		767		927		66			8/8/2008		1950
Spencer	MA		270		2,607		134			—			270		2,741		3,011		239			8/8/2008		1992
Westborough	MA		920		6,956		128			—			920		7,084		8,004		595			8/8/2008		1986
Westborough	MA		230		135		—			—			230		135		365		13			8/8/2008		1900
Winchester⁽⁴⁾	MA		3,218		18,988		9,084			—			3,218		28,072		31,290		6,263			1/11/2002		1991
Woburn	MA		3,809		19,862		13,516			—			3,809		33,378		37,187		10,877			1/1/2002		1969
Worcester	MA		865		10,912		257			—			865		11,169		12,034		946			8/8/2008		1989
Worcester	MA		730		3,634		42			—			730		3,676		4,406		311			8/8/2008		1986
Worcester	MA		191		2,133		113			(889	)		191		1,357		1,548		141			8/8/2008		1992
Worcester	MA		1,200		6,176		101			—			1,200		6,277		7,477		531			8/8/2008		1985
Worcester	MA		770		10,408		475			—			770		10,883		11,653		933			8/8/2008		1990
Annapolis	MD		1,290		12,373		515			—			1,290		12,888		14,178		1,194			3/31/2008		2001
Bel Air⁽⁴⁾	MD		4,750		16,504		2			—			4,750		16,506		21,256		1,702			11/30/2007		1980
Bowie	MD		408		3,421		394			—			408		3,815		4,223		1,015			10/25/2002		2000
Chevy Chase⁽⁴⁾	MD		15,170		92,830		122			—			15,170		92,952		108,122		102			12/15/2011		1990
Columbia	MD		1,390		10,303		153			—			1,390		10,456		11,846		993			3/31/2008		2001
Easton⁽⁴⁾	MD		383		4,555		2,956			—			383		7,511		7,894		1,408			10/25/2002		2000
Ellicott City⁽⁴⁾	MD		1,409		22,691		6,114			—			1,409		28,805		30,214		5,961			3/1/2004		1997
Frederick	MD		385		3,444		426			—			385		3,870		4,255		1,033			10/25/2002		1998
Frederick	MD		1,260		9,464		162			—			1,260		9,626		10,886		913			3/31/2008		1999
Hagerstown	MD		1,040		7,471		167			—			1,040		7,638		8,678		722			3/31/2008		1999
Pikesville	MD		2,000		4,974		70			—			2,000		5,044		7,044		382			12/22/2008		1987

		Initial Cost to Company								Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Severna Park⁽⁴⁾	MD	$	229	$	9,798	$	1,629	$	—	$	229	$	11,427	$	11,656	$	2,847		10/25/2002		1998
Silver Spring	MD		3,301		29,065		714		—		3,301		29,779		33,080		12,997		7/25/1994		1992
Silver Spring⁽⁴⁾	MD		1,200		9,288		5,976		—		1,200		15,264		16,464		3,516		10/25/2002		1996
Hampton	MI		300		2,406		—		—		300		2,406		2,706		607		2/28/2003		1998
Monroe	MI		400		2,606		—		—		400		2,606		3,006		662		2/28/2003		1998
Portage	MI		300		2,206		—		—		300		2,206		2,506		558		2/28/2003		1998
Portage	MI		600		5,212		—		—		600		5,212		5,812		1,314		2/28/2003		1998
Saginaw	MI		300		2,506		—		—		300		2,506		2,806		635		2/28/2003		1998
Eagan	MN		400		2,506		—		—		400		2,506		2,906		707		2/28/2003		1998
Eagan	MN		2,300		13,105		40		—		2,300		13,145		15,445		329		12/22/2010		1986
Mendota Heights	MN		1,220		10,208		—		—		1,220		10,208		11,428		234		1/25/2011		1989
Rogers	MN		2,760		45,789		268		—		2,760		46,057		48,817		4,593		3/1/2008		1999
Roseville	MN		590		702		—		—		590		702		1,292		4		9/30/2011		1991
Shoreview	MN		1,300		4,547		—		—		1,300		4,547		5,847		66		5/20/2011		1988
West St. Paul	MN		400		3,608		100		—		400		3,708		4,108		1,031		2/28/2003		1998
St. Joseph	MO		111		1,027		1,317		—		111		2,344		2,455		942		6/4/1993		1976
Oxford	MS		450		5,791		270		—		450		6,061		6,511		813		10/1/2006		2000
Southaven	MS		450		5,795		285		—		450		6,080		6,530		816		10/1/2006		2000
Burlington⁽⁴⁾	NC		575		9,697		66		—		575		9,763		10,338		144		6/23/2011		1998
Cary⁽⁴⁾	NC		713		4,628		1,737		—		713		6,365		7,078		1,705		10/25/2002		1999
Chapel Hill	NC		800		6,414		—		—		800		6,414		7,214		1,617		2/28/2003		1996
Charlotte	NC		820		7,790		36		—		820		7,826		8,646		467		11/17/2009		2001
Charlotte	NC		500		13,960		36		—		500		13,996		14,496		828		11/17/2009		1999
Charlotte	NC		2,475		11,451		57		—		2,475		11,508		13,983		176		6/20/2011		1999
Durham	NC		595		5,200		55		—		595		5,255		5,850		80		6/20/2011		1988
Kings Mountain⁽⁴⁾	NC		655		8,283		91		—		655		8,374		9,029		134		6/23/2011		1998
Mooresville⁽⁴⁾	NC		595		7,305		86		—		595		7,391		7,986		108		6/23/2011		1999
New Bern⁽⁴⁾	NC		1,245		20,898		—		—		1,245		20,898		22,143		305		6/20/2011		2001
Pineville	NC		550		7,570		7		—		550		7,577		8,127		450		11/17/2009		1998
Pineville	NC		630		15,230		7		—		630		15,237		15,867		902		11/17/2009		1998

		Initial Cost to Company								Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Wilson⁽⁴⁾	NC	$	610	$	14,787	$	—	$	—	$	610	$	14,787	$	15,397	$	224		6/20/2011		2004
Ashland	NE		28		1,823		1,233		—		28		3,056		3,084		1,035		7/1/2000		1965
Blue Hill	NE		56		1,064		807		—		56		1,871		1,927		606		7/1/2000		1967
Central City	NE		21		919		650		—		21		1,569		1,590		589		7/1/2000		1969
Columbus	NE		88		561		456		—		88		1,017		1,105		381		7/1/2000		1955
Grand Island	NE		119		1,446		1,404		—		119		2,850		2,969		1,081		4/1/1995		1963
Gretna	NE		237		673		890		—		237		1,563		1,800		519		7/1/2000		1972
Milford	NE		24		880		648		—		24		1,528		1,552		575		7/1/2000		1967
North Platte	NE		370		8,968		168		—		370		9,136		9,506		885		2/17/2008		1988
Omaha	NE		650		5,850		306		—		650		6,156		6,806		1,130		6/3/2005		1992
Omaha	NE		4,680		22,022		—		—		4,680		22,022		26,702		1,858		8/21/2008		2007
Sutherland	NE		19		1,251		459		—		19		1,710		1,729		593		7/1/2000		1970
Utica	NE		21		569		432		—		21		1,001		1,022		338		7/1/2000		1966
Waverly	NE		529		686		609		—		529		1,295		1,824		538		7/1/2000		1989
Manchester	NH		1,540		22,119		—		—		1,540		22,119		23,659		507		1/26/2011		1979
Cherry Hill	NJ		1,001		8,175		287		—		1,001		8,462		9,463		1,773		12/29/2003		1999
Lakewood⁽⁶⁾	NJ		4,885		28,803		2,534		—		4,885		31,337		36,222		8,719		1/11/2002		1987
Mt. Arlington	NJ		1,375		11,232		617		—		1,375		11,849		13,224		2,466		12/29/2003		2001
Teaneck⁽⁴⁾	NJ		4,950		44,550		173		—		4,950		44,723		49,673		52		12/15/2011		1989
Albuquerque	NM		1,060		9,875		8		—		1,060		9,883		10,943		1,040		10/30/2007		1973
Albuquerque	NM		540		10,105		8		—		540		10,113		10,653		1,064		10/30/2007		1977
Albuquerque	NM		1,660		9,173		8		—		1,660		9,181		10,841		966		10/30/2007		1983
Albuquerque	NM		3,480		25,245		850		—		3,480		26,095		29,575		656		12/22/2010		1975
Albuquerque	NM		1,430		2,609		—		—		1,430		2,609		4,039		65		12/22/2010		1975
Albuquerque	NM		959		2,065		—		—		959		2,065		3,024		52		12/22/2010		1984
Albuquerque	NM		363		266		46		—		363		312		675		6		12/22/2010		1984
Albuquerque	NM		1,470		1,587		41		—		1,470		1,628		3,098		40		12/22/2010		1984
Albuquerque	NM		1,998		1,071		—		—		1,998		1,071		3,069		27		12/22/2010		1984
Albuquerque⁽⁴⁾	NM		3,828		22,572		4,343		—		3,828		26,915		30,743		7,042		1/11/2002		1986
Reno	NV		2,420		49,580		122		—		2,420		49,702		52,122		56		12/15/2011		1989

		Initial Cost to Company									Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment			Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Brooklyn	NY	$	3,870	$	8,545	$	6	$	—		$	3,870	$	8,551	$	12,421	$	721		8/8/2008		1971
Dewitt	NY		600		5,004		7		—			600		5,011		5,611		31		9/30/2011		1991
East Syracuse	NY		720		17,084		84		—			720		17,168		17,888		1,409		9/30/2008		2001
East Syracuse⁽⁴⁾	NY		420		18,407		8		—			420		18,415		18,835		1,592		7/9/2008		1999
Mineola	NY		4,920		24,056		243		—			4,920		24,299		29,219		150		9/30/2011		1971
White Plains	NY		4,900		13,594		—		—			4,900		13,594		18,494		1,006		1/26/2009		1952
Columbus⁽⁴⁾	OH		3,623		27,778		6,325		—			3,623		34,103		37,726		9,211		1/11/2002		1989
Grove City	OH		332		3,081		791		—			332		3,872		4,204		1,581		6/4/1993		1965
Solon	OH		450		2,305		114		—			450		2,419		2,869		60		12/22/2010		1974
Solon	OH		550		2,147		—		—			550		2,147		2,697		13		9/30/2011		1975
Midwest City	OK		410		2,970		—		—			410		2,970		3,380		173		9/1/2009		1985
Oklahoma City	OK		430		2,955		—		—			430		2,955		3,385		172		9/1/2009		1992
Oklahoma City	OK		500		19,046		—		—			500		19,046		19,546		1,111		9/1/2009		1978
Oklahoma City	OK		480		1,546		—		—			480		1,546		2,026		90		9/1/2009		1991
Beaver Falls	PA		1,500		13,500		382		—			1,500		13,882		15,382		2,445		10/31/2005		1997
Canonsburg	PA		1,518		13,493		587		—			1,518		14,080		15,598		10,229		3/1/1991		1985
Clarks Summit	PA		1,001		8,233		296		—			1,001		8,529		9,530		1,793		12/29/2003		2001
Elizabeth	PA		696		6,304		346		—			696		6,650		7,346		1,214		10/31/2005		1986
Exton	PA		1,001		8,233		1,014		—			1,001		9,247		10,248		1,825		12/29/2003		2000
Fort Washington	PA		3,100		6,829		18		(4,370	)		1,673		3,904		5,577		511		6/25/2008		1997
Fort Washington	PA		1,010		4,837		—		—			1,010		4,837		5,847		30		9/30/2011		1996
Glen Mills	PA		1,001		8,233		441		—			1,001		8,674		9,675		1,856		12/29/2003		2001
Greensburg	PA		450		12,478		6		—			450		12,484		12,934		286		1/26/2011		1997
Horsham	PA		1,010		4,456		—		—			1,010		4,456		5,466		111		12/22/2010		1983
King of Prussia	PA		1,540		4,732		—		—			1,540		4,732		6,272		400		8/8/2008		1997
King of Prussia	PA		880		2,871		—		—			880		2,871		3,751		66		1/26/2011		1996
Murrysville	PA		300		2,506		—		—			300		2,506		2,806		697		2/28/2003		1998
New Britain (Chalfont)	PA		979		8,052		468		—			979		8,520		9,499		1,814		12/29/2003		1998
Penn Hills	PA		200		904		—		—			200		904		1,104		253		2/28/2003		1997
Pittsburgh	PA		644		5,856		497		(5,739	)		644		614		1,258		408		10/31/2005		1987

		Initial Cost to Company								Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Pittsburgh	PA	$	3,000	$	11,828	$	455	$	—	$	3,000	$	12,283	$	15,283	$	1,096		6/11/2008		1991
Pittsburgh	PA		2,480		6,395		39		—		2,480		6,434		8,914		160		12/22/2010		1996
Plymouth Meeting	PA		1,680		9,187		—		—		1,680		9,187		10,867		57		9/30/2011		1996
South Park	PA		898		8,102		228		—		898		8,330		9,228		1,487		10/31/2005		1995
Tiffany Court (Kingston)	PA		—		5,682		1,411		—		—		7,093		7,093		1,350		12/29/2003		1997
Whitehall	PA		1,599		14,401		1,000		—		1,599		15,401		17,000		2,720		10/31/2005		1987
Lincoln	RI		520		10,077		1		—		520		10,078		10,598		892		6/25/2008		1997
Anderson	SC		295		3,509		211		—		295		3,720		4,015		729		11/19/2004		1999
Beaufort	SC		1,200		10,810		106		—		1,200		10,916		12,116		166		6/20/2011		2005
Beaufort⁽⁴⁾	SC		188		2,234		581		—		188		2,815		3,003		636		11/19/2004		1999
Camden⁽⁴⁾	SC		322		3,697		832		—		322		4,529		4,851		903		11/19/2004		1999
Charleston⁽⁴⁾	SC		848		14,000		55		—		848		14,055		14,903		206		6/20/2011		1999
Columbia	SC		300		1,905		—		—		300		1,905		2,205		481		2/28/2003		1998
Columbia	SC		610		7,900		14		—		610		7,914		8,524		470		11/17/2009		2002
Columbia	SC		390		4,659		40		—		390		4,699		5,089		116		12/22/2010		1988
Columbia	SC		1,580		4,520		2		—		1,580		4,522		6,102		28		9/30/2011		1990
Greenville	SC		700		7,240		75		—		700		7,315		8,015		435		11/17/2009		2002
Greenwood	SC		310		2,790		188		—		310		2,978		3,288		552		6/3/2005		1999
Hartsville⁽⁴⁾	SC		401		4,775		544		—		401		5,319		5,720		1,029		11/19/2004		1999
Lexington⁽⁴⁾	SC		363		4,322		402		—		363		4,724		5,087		941		11/19/2004		1999
Little River⁽⁴⁾	SC		750		9,018		30		—		750		9,048		9,798		133		6/23/2011		2000
Myrtle Beach	SC		543		3,202		3,321		—		543		6,523		7,066		1,439		1/11/2002		1980
Orangeburg⁽⁴⁾	SC		303		3,607		679		—		303		4,286		4,589		841		11/19/2004		1999
Rock Hill	SC		300		1,705		—		—		300		1,705		2,005		462		2/28/2003		1998
Seneca⁽⁴⁾	SC		396		4,714		460		—		396		5,174		5,570		986		11/19/2004		2000
West Columbia	SC		520		3,831		—		—		520		3,831		4,351		96		12/22/2010		2000
Huron	SD		144		3,108		4		—		144		3,112		3,256		1,600		6/30/1992		1968
Huron	SD		45		968		1		—		45		969		1,014		498		6/30/1992		1968
Sioux Falls	SD		253		3,062		4		—		253		3,066		3,319		1,579		6/30/1992		1960
Clarksville	TN		320		2,994		531		—		320		3,525		3,845		466		12/31/2006		1997

		Initial Cost to Company								Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment		Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Cleveland⁽⁴⁾	TN	$	305	$	3,627	$	537	$	—	$	305	$	4,164	$	4,469	$	812		11/19/2004		1998
Cookeville⁽⁴⁾	TN		322		3,828		449		—		322		4,277		4,599		808		11/19/2004		1998
Franklin⁽⁴⁾	TN		322		3,833		357		—		322		4,190		4,512		808		11/19/2004		1997
Gallatin	TN		280		3,327		244		—		280		3,571		3,851		698		11/19/2004		1998
Goodlettsville	TN		300		3,207		100		—		300		3,307		3,607		833		2/28/2003		1998
Jackson⁽⁴⁾	TN		295		3,506		306		—		295		3,812		4,107		755		11/19/2004		1999
Knoxville⁽⁴⁾	TN		304		3,618		1,258		—		304		4,876		5,180		913		11/19/2004		1998
Maryville	TN		400		3,507		—		—		400		3,507		3,907		883		2/28/2003		1998
Nashville	TN		750		6,750		3,815		—		750		10,565		11,315		1,557		6/3/2005		1979
Allen	TX		2,590		17,912		—		—		2,590		17,912		20,502		1,511		8/21/2008		2006
Austin	TX		400		21,021		225		—		400		21,246		21,646		1,865		6/25/2008		1975
Austin	TX		1,540		27,467		218		—		1,540		27,685		29,225		2,240		10/31/2008		1993
Austin	TX		300		4,557		—		—		300		4,557		4,857		114		12/22/2010		1996
Austin	TX		760		5,186		3		—		760		5,189		5,949		119		1/26/2011		1980
Bellaire	TX		1,238		11,010		162		—		1,238		11,172		12,410		4,922		5/16/1994		1991
Boerne	TX		220		4,926		87		—		220		5,013		5,233		488		2/7/2008		1990
Conroe	TX		620		14,074		—		—		620		14,074		14,694		407		10/26/2010		2009
Dallas	TX		4,709		27,768		4,641		—		4,709		32,409		37,118		8,852		1/11/2002		1987
Dallas	TX		2,300		25,200		72		—		2,300		25,272		27,572		30		12/15/2011		1989
El Paso	TX		2,301		13,567		1,206		—		2,301		14,773		17,074		4,240		1/11/2002		1989
Fredericksburg	TX		280		4,866		93		—		280		4,959		5,239		485		2/7/2008		1999
Houston⁽⁴⁾	TX		5,537		32,647		6,219		—		5,537		38,866		44,403		10,803		1/11/2002		1989
Irving	TX		2,830		15,082		10		—		2,830		15,092		17,922		1,336		6/25/2008		1995
Kerrville	TX		250		5,300		18		—		250		5,318		5,568		314		11/17/2009		2001
Lubbock	TX		1,110		9,789		9		—		1,110		9,798		10,908		388		6/4/2010		2009
San Antonio	TX		1,200		6,500		10		—		1,200		6,510		7,710		391		11/17/2009		2003
San Antonio	TX		1,100		13,900		51		—		1,100		13,951		15,051		828		11/17/2009		2003
San Antonio⁽⁴⁾	TX		4,283		25,256		4,208		—		4,283		29,464		33,747		8,139		1/11/2002		1989
Woodlands⁽⁴⁾	TX		3,694		21,782		3,685		—		3,694		25,467		29,161		7,418		1/11/2002		1988
Arlington	VA		1,885		16,734		270		—		1,885		17,004		18,889		7,421		7/25/1994		1992

		Initial Cost to Company									Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment			Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Charlottesville⁽⁴⁾	VA	$	2,976	$	26,422	$	431	$	—		$	2,976	$	26,853	$	29,829	$	11,775		6/17/1994		1998
Charlottsville	VA		641		7,633		762		—			641		8,395		9,036		1,646		11/19/2004		1991
Chesapeake	VA		160		1,498		740		—			160		2,238		2,398		521		5/30/2003		1987
Chesepeake	VA		2,370		23,705		—		—			2,370		23,705		26,075		350		6/20/2011		2006
Fairfax	VA		2,500		7,147		449		—			2,500		7,596		10,096		639		12/22/2008		1990
Fredericksburg⁽⁴⁾	VA		287		8,480		946		—			287		9,426		9,713		2,460		10/25/2002		1998
Midlothian⁽⁴⁾	VA		1,103		13,126		1,318		—			1,103		14,444		15,547		2,752		11/19/2004		1996
Newport News⁽⁴⁾	VA		581		6,921		385		—			581		7,306		7,887		1,424		11/19/2004		1998
Norfolk	VA		1,530		9,531		146		—			1,530		9,677		11,207		788		12/22/2008		1999
Norfolk	VA		1,780		8,354		638		—			1,780		8,992		10,772		593		5/20/2009		1981
Norfolk	VA		1,920		16,538		—		—			1,920		16,538		18,458		251		6/20/2011		2005
Poquoson	VA		220		2,041		656		—			220		2,697		2,917		621		5/30/2003		1987
Richmond	VA		134		3,191		524		—			134		3,715		3,849		1,010		10/25/2002		1998
Richmond	VA		732		8,717		686		—			732		9,403		10,135		1,790		11/19/2004		1999
Richmond	VA		604		5,432		—		—			604		5,432		6,036		7		11/22/2011		2005
Richmond⁽⁴⁾	VA		326		3,166		—		—			326		3,166		3,492		30		11/22/2011		2005
Virginia Beach	VA		893		7,926		129		—			893		8,055		8,948		3,549		5/16/1994		1990
Williamsburg	VA		270		2,468		940		—			270		3,408		3,678		736		5/30/2003		1987
Seattle	WA		256		4,869		67		—			256		4,936		5,192		2,517		11/1/1993		1964
Brookfield	WI		832		3,849		3,522		—			832		7,371		8,203		2,856		12/28/1990		1964
Clintonville	WI		30		1,625		360		—			30		1,985		2,015		1,079		12/28/1990		1965
Clintonville	WI		14		1,695		644		—			14		2,339		2,353		1,175		12/28/1990		1960
Glendale	WI		1,500		33,747		—		—			1,500		33,747		35,247		1,898		9/30/2009		1963
Glendale	WI		250		3,797		—		—			250		3,797		4,047		214		9/30/2009		1964
Grafton	WI		500		10,058		—		—			500		10,058		10,558		566		9/30/2009		2009
Kenosha	WI		750		7,669		47		—			750		7,716		8,466		765		1/1/2008		2000
Madison	WI		144		1,633		1,662		(751	)		144		2,544		2,688		1,251		12/28/1990		1920
Madison	WI		700		7,461		33		—			700		7,494		8,194		742		1/1/2008		2000
Mequon⁽⁴⁾	WI		800		8,388		395		—			800		8,783		9,583		863		1/1/2008		1999
Oak Creek	WI		650		18,396		217		—			650		18,613		19,263		1,851		1/1/2008		2001

		Initial Cost to Company									Cost at December 31, 2011

City	State	Land		Buildings, Improvements & Equipment		Cost Capitalized Subsequent to Acquisition		Impairment			Land		Buildings, Improvements & Equipment		Total⁽¹⁾		Accumulated Depreciation⁽²⁾		Date Acquired⁽³⁾		Original Construction Date
Pewaukee	WI	$	984	$	2,432	$	1,141	$	—		$	984	$	3,573	$	4,557	$	1,654		9/10/1998		1963
Pewaukee	WI		3,900		41,140		—		—			3,900		41,140		45,040		2,314		9/30/2009		1994
Racine	WI		1,150		22,436		—		—			1,150		22,436		23,586		1,262		9/30/2009		1986
Sheboygan	WI		300		975		—		—			300		975		1,275		55		9/30/2009		1987
Sheboygan	WI		1,400		35,168		—		—			1,400		35,168		36,568		1,978		9/30/2009		1986
Sheboygan	WI		120		4,014		—		—			120		4,014		4,134		226		9/30/2009		1987
Waukesha	WI		68		3,452		2,922		—			68		6,374		6,442		3,100		12/28/1990		1958
Wauwatosa	WI		2,300		6,245		—		—			2,300		6,245		8,545		351		9/30/2009		1964
West Allis	WI		1,600		20,377		487		—			1,600		20,864		22,464		2,078		1/1/2008		2001
Laramie	WY		191		3,632		786		—			191		4,418		4,609		2,195		12/30/1993		1964
Worland	WY		132		2,507		1,009		—			132		3,516		3,648		1,711		12/30/1993		1970

Total		$	566,112	$	3,823,831	$	360,392	$	(28,744	)	$	564,628	$	4,156,963	$	4,721,591	$	630,261

SENIOR HOUSING PROPERTIES TRUST

SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2011
(Dollars in thousands)

Analysis of the carrying amount of real estate and equipment and accumulated depreciation during the period:

	Real Estate and Equipment			Accumulated Depreciation

Balance at December 31, 2008	$	2,807,256		$	381,339
Additions		533,124			74,712
Disposals		(6,867	)		(1,734	)
Impairment		(15,530	)		—

Balance at December 31, 2009		3,317,983			454,317
Additions		452,381			85,788
Disposals		(2,687	)		(1,233	)
Impairment		(5,965	)		—

Balance at December 31, 2010		3,761,712			538,872
Additions		989,637			101,272
Disposals		(27,540	)		(9,655	)
Impairment		(2,218	)		(228	)

Balance at December 31, 2011	$	4,721,591		$	630,261