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SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION
12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
2184 Parkway Lake DriveBirminghamAL$—$580$5,980$3,027$—$—$580$9,007$9,587$3,8848/1/20082001
2634 Valleydale RoadBirminghamAL—6007,5743,657—(206)1,55910,06611,6254,1738/1/20082000
2021 Dahlke Drive NE (6)
CullmanAL—2873,4151,243—(301)2874,3574,6442,21311/19/20041998
101 Tulip LaneDothanAL—3,54314,6193,467—(1,178)3,54316,90820,4513,80312/27/20172000
49 Hughes RoadMadisonAL—3343,9811,613—(304)3345,2905,6242,67811/19/20041998
200 Terrace LanePricevilleAL—1,3009,4472,994—(748)1,36511,62812,9934,0822/1/20122006
413 Cox Boulevard (6)
SheffieldAL—3944,6842,353—33947,0407,4343,42811/19/20041998
2435 Columbiana RoadVestavia HillsAL—84323,4725,725—(823)90228,31529,2179,0117/12/20161991
4461 N Crossover Road (6)
FayettevilleAR—73310,4322,215—1273312,65913,3923,9845/1/20152011
4210 S Caraway RoadJonesboroAR—6539,5151,373——65310,88811,5413,4605/1/20152008
672 Jones RoadSpringdaleAR—5729,3642,634—(63)57211,93512,5073,9615/1/20152007
13840 North Desert Harbor DrivePeoriaAZ—2,68715,84314,329—(6,213)2,69323,95326,64611,7841/11/20021990
3850 North US Hwy 89PrescottAZ—2,01717,51310,029—(1,461)2,01726,08128,0986,7872/1/20181986
6001 East Thomas RoadScottsdaleAZ—9418,8077,200—(1,664)94614,33815,2849,0959/1/20121990
7090 East Mescal Street (5)
ScottsdaleAZ—2,31513,65040,658—(5,144)2,34949,13051,47913,9221/11/20021984
17225 North Boswell BoulevardSun CityAZ—1,18910,5696,501—(979)1,18916,09117,2809,8429/1/20121990
2500 North Rosemont Boulevard (5)
TucsonAZ—4,42926,11914,577—(4,398)4,57636,15140,72719,4331/11/20021989
5000 Marina BoulevardBrisbaneCA—7,95713,430771——7,97614,18222,1583,19611/14/20172000
5770 Armada DriveCarlsbadCA—3,87518,5431,055——3,87519,59823,4735,0871/29/20151997
1350 South El Camino RealEncinitasCA—1,51018,0424,710—(218)1,51722,52724,0449,7483/31/20081999
47071 Bayside Parkway (8)
FremontCA40,65315,77445,2499,729——15,84854,90470,7527,0137/27/20221991
47201 Lakeview BoulevardFremontCA—3,20010,177914——3,33110,96014,2913,7659/30/20111990
47211/47215 Lakeview BoulevardFremontCA—3,75012,6563,949——3,80016,55520,3556,5589/30/20111985
577 South Peach Street (6)
FresnoCA—7382,5774,175—(211)7386,5417,2793,81112/28/19901963
6075 North Marks AvenueFresnoCA—88012,7512,230——88914,97215,8616,8333/31/20081996
1319 Brookside Avenue (6)
RedlandsCA—1,7709,9822,832—(190)1,77012,62414,3945,5043/31/20081999
110 Sterling CourtRosevilleCA—1,62010,2623,500—(50)1,62013,71215,3326,0333/31/20081998
16925 & 16916 Hierba Drive (5)
San DiegoCA—9,14253,90439,397—(10,350)9,18082,91392,09341,1591/11/20021987
3530 Deer Park Drive (6)
StocktonCA—67014,4193,404——68217,81118,4937,8773/31/20081999
877 East March Lane (8)
StocktonCA7,9431,17611,1719,645—(2,707)1,41117,87419,2858,8159/30/20031988
28515 Westinghouse PlaceValenciaCA—4,66941,4401,833——4,70043,24247,94211,6761/29/20152008
1866 San Miguel Drive (6)
Walnut CreekCA—2,0109,2907,398—(1,492)3,41713,78917,2065,62112/1/20111996
1950 South Dayton StreetAuroraCO—3,06246,19512,585—(2,497)3,12056,22559,34516,6975/1/20151987
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
515 Fairview AvenueCanon CityCO—2926,2284,643(3,512)(769)2996,5836,8823,7059/26/19971970
110 West Van Buren StreetColorado SpringsCO—2455,2365,737(3,031)(957)2456,9857,2303,8659/26/19971972
3920 East San Miguel StreetColorado SpringsCO—1,3808,8944,559—(1,119)1,61212,10213,7144,6087/31/20121977
2050 South Main StreetDeltaCO—1673,5703,698—(415)1676,8537,0204,0699/26/19971963
2501 Little Bookcliff DriveGrand JunctionCO—2043,8754,374—(1,064)2077,1827,3894,58712/30/19931968
2825 Patterson RoadGrand JunctionCO—1732,5835,156—(842)1736,8977,0704,53612/30/19931978
1599 Ingalls StreetLakewoodCO—2323,7669,434—(1,442)23211,75811,9906,68712/28/19901972
5555 South Elati StreetLittletonCO—1855,0437,833—(1,621)19111,24911,4407,09812/28/19901965
9005 Grant StreetThorntonCO—96110,8671,203——1,26911,76213,0314,17812/28/20122001
7809 W. 38th AvenueWheat RidgeCO—4703,37386——4753,4543,9291,3644/1/20102004
2141 K Street, NWWashingtonDC—13,7008,4007,503—(1,513)13,70014,39028,0905,48412/22/20081966
4175 Ogletown Stanton RdNewarkDE—1,50019,4473,742—(324)1,56322,80224,3659,8463/31/20081998
1912 Marsh RoadWilmingtonDE—4,36525,73911,374—(4,180)4,43132,86737,29817,8541/11/20021988
22601 Camino Del MarBoca RatonFL—3,20046,80017,004—(4,758)3,20459,04262,24619,71012/15/20111990
1325 S Congress Avenue (8)
Boynton BeachFL6,1221,6205,3412,844—(476)1,6287,7019,3292,8807/27/20121985
1425 Congress AvenueBoynton BeachFL—2,39014,7686,543—(1,649)2,39019,66222,0527,1908/9/20111994
8500 Royal Palm BoulevardCoral SpringsFL—3,41020,10439,887—(7,546)3,42152,43455,85524,4141/11/20021984
1208 South Military TrailDeerfield BeachFL—1,69014,97238,783—(7,318)1,77746,35048,12722,01310/1/20121986
3001 DC Country Club BoulevardDeerfield BeachFL—3,19618,84829,648—(5,089)3,22243,38146,60320,3151/11/20021990
12780 Kenwood LaneFort MyersFL—3692,1745,672—(1,333)8596,0236,8822,8521/11/20021990
2525 First StreetFort MyersFL—2,38521,13749,807—(16,213)2,57754,53957,11621,97410/1/20121984
1825 Ridgewood AvenueHolly HillFL—70016,7007,401(2,636)(9,232)68412,24912,9332,9137/22/20111926/2006
2480 North Park Road (8)
HollywoodFL13,3054,50040,50032,186—(7,048)4,55665,58270,13822,31312/15/20111986
8901 Tamiami Trail EastNaplesFL—3,2002,89816,707—(1,421)3,20018,18421,3848,1428/31/20061984
12780 Waterford Lakes ParkwayOrlandoFL—9773,9461,057—(96)1,0524,8325,8841,55912/18/20132002
1603 S. Hiawassee RoadOrlandoFL—4882,621606—(81)5913,0433,6341,01612/18/20132003
1825 N. Mills AvenueOrlandoFL—5191,7991,057—(117)5802,6783,25891812/22/20081997
1911 N. Mills AvenueOrlandoFL—1,9467,1976,369—(538)2,04212,93214,9743,58312/22/20081997
1925 N. Mills AvenueOrlandoFL—135532568—(107)1999291,12829412/22/20081997
250 N. Alafaya TrailOrlandoFL—9674,362490——9674,8525,8191,64712/18/20131999
45 Katherine Boulevard (5)
Palm HarborFL—3,37929,94514,214—(4,246)3,39239,90043,29228,43510/1/20121992
900 West Lake Road (8)
Palm HarborFL31,0133,44920,33617,042—(5,513)3,54031,77435,31417,3121/11/20021989
8500 West Sunrise Boulevard (8)
PlantationFL8,4574,70024,30017,427—(6,860)4,71734,85039,56711,43212/15/20111989
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
1371 South Ocean Boulevard (8)
Pompano BeachFL13,0732,50015,50021,539—(5,027)2,56031,95234,51211,54312/15/20111991
2701 North Course DrivePompano BeachFL—7,7002,12748,029—(4,875)7,70045,28152,98120,1138/31/20061985
20480 Veterans Boulevard (8)
Port CharlotteFL4,29240011,9345,261—(3,397)44013,75814,1984,6397/22/20111996
1699 S.E. Lyngate DrivePort St. LucieFL—1,24211,0096,559—(1,433)1,24916,12817,37710,98810/1/20121993
501 N.W. Cashmere BoulevardPort St. LucieFL—8909,3454,129—(938)1,67311,75313,4264,2647/22/20112007
900 South Harbour Island Blvd. (6)
TampaFL—4,8506,34911,507——4,85017,85622,7063,72010/30/20071986
111 Executive Center DriveWest Palm BeachFL—2,06112,15327,606—(5,506)2,07534,23936,31415,9171/11/20021988
2347 Cedarcrest RoadAcworthGA—1,674—93——1,674931,767135/1/20162008
1200 Bluegrass Lakes ParkwayAlpharettaGA—1,68915,9361,451——1,76117,31519,0764,4311/29/20152001
855 North Point Pkwy (6)
AlpharettaGA—5,39026,712———5,39026,71232,10211,6018/21/20082006
253 N. Main StreetAlpharettaGA—1,32512,3772,841—(209)1,22115,11316,3344,5135/1/20151997
1515 Sheridan Road (6)
AtlantaGA—5,8009,30518,503——5,80027,80833,6085,14911/30/20071978
240 Marietta HighwayCantonGA—8068,5554,567—(1,157)80611,96512,7713,60610/1/20131997
1501 Milstead Road (8)
ConyersGA4,8987507,7961,191—(116)7778,8449,6213,6019/30/20102008
3875 Post Road (6)
CummingGA—95412,7962,098—(56)96014,83215,7924,4565/1/20152007
4960 Jot Em Down RoadCummingGA—1,54818,66614,609—(2,094)3,41629,31332,7298,9298/1/20132011
5610 Hampton Park Drive (6)
CummingGA—3,47914,7711,575—(938)3,49815,38918,8873,8169/3/20152014
101 West Ponce De Leon AvenueDecaturGA—3,50013,17917,185——3,50030,36433,8646,8245/30/20121992
2801 North Decatur RoadDecaturGA—3,1004,4363,715—(702)3,2607,28910,5493,0757/9/20081986
3315 Thompson Bridge RoadGainesvilleGA—93430,9624,533—(743)95634,73035,68610,3985/1/20151999
5373 Thompson Mill Road (6)
HoschtonGA—94412,1712,003——95914,15915,1184,1775/1/20152011
8080 Summit Business Parkway (5)
JonesboroGA—1,80020,6649,238—(2,473)1,80027,42929,22910,1596/20/20112007
1360 Upper Hembree RoadRoswellGA—1,0806,138844——1,0956,9678,0622,6415/7/20122007
1 Savannah Square Drive (5)
SavannahGA—1,20019,09012,201(6,993)(9,468)83515,19516,0303,66410/1/20061987
475 Country Club Drive (6)
StockbridgeGA—5129,5602,117—(374)55111,26411,8153,4795/1/20151998
1100 Ward AvenueHonoluluHI—11,20055,61811,126—(1,417)11,24765,28076,52722,8876/18/20121961
2340 West Seltice WayCoeur d'AleneID—9107,1704,793—(702)1,05211,11912,1713,7667/31/20121993
850 Lincoln DriveIdaho FallsID—5106,6403,811—(554)7609,64710,4073,6247/31/20121978
1250 West Central RoadArlington HeightsIL—3,66532,58720,365—(3,834)3,78149,00252,78330,81511/1/20121986
1373 D'Adrian Professional ParkGodfreyIL—28115,0883,093—(432)28117,74918,0305,3045/1/20152010
900 43rd AvenueMolineIL—4827,6511,231—(225)4828,6579,1392,5185/1/20152003 / 2012
221 11th AvenueMolineIL—1617,2441,979—(136)1619,0879,2482,9315/1/20152008
2700 14th StreetPekinIL—17111,4751,287—(549)17212,21212,3843,7255/1/20152009
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
7130 Crimson Ridge DriveRockfordIL—2007,3003,469—(466)1,5968,90710,5033,2955/1/20111999
1220 Lakeview Drive (6)
RomeovilleIL—1,12019,582(61)——1,05819,58320,6418,5048/21/20082005
1201 Hartman LaneShilohIL—7437,2322,871—(797)1,2378,81210,0492,28612/8/20162003
900 Southwind RoadSpringfieldIL—3006,7443,677—(756)3009,6659,9654,5588/31/20061990
2705 Avenue E (8)
SterlingIL8,00534114,3312,321—(296)34316,35416,6974,7985/1/20152008
39 Dorothy DriveTroyIL—1,0027,0102,104—(799)1,0028,3159,3172,13412/8/20162003
100 Grand Victorian PlaceWashingtonIL—24112,046971—(176)24112,84113,0823,9565/1/20152009
1615 Lakeside DriveWaukeganIL—2,7009,5905,288—(944)3,51513,11916,6345,4489/30/20111990
1675 Lakeside DriveWaukeganIL—2,4209,3824,785—(957)2,90612,72415,6305,1629/30/20111998
6990 East County Road 100 NorthAvonIN—85011,8882,378—(580)85013,68614,5365,8929/1/20081999
2455 Tamarack Trail (5)
BloomingtonIN—5,40025,12937,877—(2,591)6,33959,47665,81521,04411/1/20081983
2460 Glebe Street (6)
CarmelIN—2,10857,7412,101—(432)2,13359,38561,51817,4895/1/20152008
701 East County Line RoadGreenwoodIN—1,83014,3031,966—(573)1,91815,60817,5265,46012/1/20112007
8505 Woodfield Crossing BoulevardIndianapolisIN—2,78516,39612,045—(3,560)2,83824,82827,66612,3031/11/20021986
2501 Friendship BoulevardKokomoIN—51213,0092,580—(613)51214,97615,4883,45912/27/20171997
603 Saint Joseph DriveKokomoIN—2205,8991,858—(372)2207,3857,6053,1389/1/20081998
1211 Longwood DriveLa PorteIN—7705,5501,976—(401)9236,9727,8953,0549/1/20081998
1590 West Timberview DriveMarionIN—4105,4091,969—(379)4106,9997,4092,8889/1/20082000
1473 East McKay RoadShelbyvilleIN—1905,3281,739—(363)1906,7046,8942,7889/1/20081999
222 South 25th StreetTerra HauteIN—30013,1151,932—(550)30014,49714,7976,1359/1/20082005
1501 Inverness DriveLawrenceKS—1,60018,5655,492—(2,136)1,75821,76323,5219,09210/1/20091988
5799 Broadmoor StreetMissionKS—1,5227,2463,412——1,58410,59612,1803,2441/17/20171986
3501 West 95th StreetOverland ParkKS—2,56815,14013,018—(3,523)2,58024,62327,20312,5321/11/20021989
6555 West 75th StreetOverland ParkKS—1,2741,12617,347—(1,853)1,48716,40717,8948,90610/25/20021985
981 Campbell LaneBowling GreenKY—3654,3452,659—(297)3656,7077,0723,09411/19/20041999
102 Leonardwood DriveFrankfortKY—5608,2824,787—(1,052)57911,99812,5775,3618/31/20061989
4190 Lafayette RoadHopkinsvilleKY—3163,7611,828—(300)3165,2895,6052,56611/19/20041999
690 Mason Headley Road (7)
LexingtonKY491—10,84819,216—(1,859)4228,16328,20515,4391/11/20021985
700 Mason Headley Road (7)
LexingtonKY122—6,39410,668—(2,081)5214,92914,9817,6181/11/20021980
200 Brookside Drive (5)
LouisvilleKY—3,52420,77913,980—(4,600)3,54930,13433,68316,4591/11/20021984
1517 West Broadway (6)
MayfieldKY—2682,7303,070—(305)2685,4955,7632,62511/19/20041999
1700 Elmdale RoadPaducahKY—4505,3582,763—(550)4517,5708,0213,68911/19/20042000
100 Neighborly WaySomersetKY—2004,9192,682—(116)2007,4857,6853,16511/6/20062000
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
1295 Boylston StreetBostonMA—7,60018,1403,263—(109)7,62521,26928,8948,7551/26/20111930
549 Albany StreetBostonMA—4,57645,02929——4,56945,06549,63413,8928/22/20131895
4 Maguire Road (8)
LexingtonMA24,3923,60015,55534,959(7,255)(1,003)3,88441,97245,85612,06812/22/20081994
299 Cambridge Street (8)
WinchesterMA20,7953,21818,98819,072—(3,087)3,29034,90138,19117,0131/11/20021991
2717 Riva RoadAnnapolisMD—1,29012,3734,175—(203)1,29016,34517,6356,4983/31/20082001
658 Boulton Street (6)
Bel AirMD—4,75016,5042——4,75016,50621,2567,47511/30/20071980
7600 Laurel Bowie RoadBowieMD—4083,4212,982—(568)4085,8356,2432,79510/25/20022000
8100 Connecticut AvenueChevy ChaseMD—15,17092,83022,995—(6,799)15,177109,019124,19638,50612/15/20111990
8220 Snowden River Parkway (6)
ColumbiaMD—1,39010,3032,576—(73)1,39012,80614,1965,2913/31/20082001
700 Port StreetEastonMD—3834,5554,838—(912)3948,4708,8644,26310/25/20022000
3004 North Ridge Road (8)
Ellicott CityMD15,3681,40922,69117,071—(4,529)1,61335,02936,64217,1563/1/20041997
1820 Latham DriveFrederickMD—3853,4442,344—(620)3855,1685,5532,63810/25/20021998
2100 Whittier Drive (8)
FrederickMD17,3641,2609,4644,238—(555)1,26013,14714,4075,6643/31/20081999
10116 Sharpsburg Pike (8)
HagerstownMD14,2241,0407,4716,628—(830)1,04413,26514,3095,8623/31/20081999
715 Benfield RoadSeverna ParkMD—2299,7984,483—(1,578)24612,68612,9326,55310/25/20021998
14400 Homecrest RoadSilver SpringMD—1,2009,28812,384—(2,079)1,20719,58620,7938,95110/25/20021996
8301 Golden Valley RoadGolden ValleyMN—1,2564,6803,969——1,3188,5879,9051,8062/10/20161998
8401 Golden Valley RoadGolden ValleyMN—1,5105,7423,577—(52)1,5729,20510,7773,0932/10/20161998
8501 Golden Valley RoadGolden ValleyMN—1,2634,2882,392——1,3246,6197,9432,1082/10/20161998
1201 Northland DriveMendota HeightsMN—1,22010,2081,294—(771)1,49610,45511,9514,0881/25/20111989
12700 Whitewater DriveMinnetonkaMN—5,4538,1088,578——5,45316,68622,1396,74910/2/20171998
20600 South Diamond Lake RoadRogersMN—2,76045,7895,193(20,359)(16,234)1,19515,95417,1497,0223/1/20081999
5351 Gretna Road (6)
BransonMO—74310,9732,004—(288)75412,67813,4323,8985/1/20152002
845 N New Ballas CourtCreve CoeurMO—1,58216,3284,575—(91)2,46619,92822,3944,6031/22/20182006
3828 College View DriveJoplinMO—26011,3822,601—(1,219)26012,76413,0244,3798/31/20122003
640 E Highland Avenue (6)
NevadaMO—3115,7031,018——3116,7217,0322,1845/1/20151997
2410 W Chesterfield BlvdSpringfieldMO—92412,7721,663——92414,43515,3594,4485/1/20151999
3540 East Cherokee StreetSpringfieldMO—1,08411,3391,776—(232)1,12912,83813,9674,1475/1/20151996
118 Alamance Road (8)
BurlingtonNC13,7925759,6973,625—(863)57512,45913,0344,3926/20/20111998
1050 Crescent Green DriveCaryNC—7134,6285,706—(1,586)7138,7489,4614,06810/25/20021999
2101 Runnymede LaneCharlotteNC—2,47511,4513,747—(1,615)2,45813,60016,0584,8676/20/20111999
5920 McChesney Drive & 6101 Clarke Creek ParkwayCharlotteNC—1,32021,7505,940—(1,677)1,32026,01327,33310,16511/17/20091999 / 2001
500 Penny Lane NE (8)
ConcordNC12,8071,68717,6032,580—(1,268)1,68718,91520,6024,8706/29/20161997
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
1002 Highway 54DurhamNC—5955,2001,892—(212)5956,8807,4752,6426/20/20111988
5213 South Alston AvenueDurhamNC—1,09331,377560——1,09331,93733,0308,7151/29/20152010
2755 Union Road (8)
GastoniaNC9,3891,10417,8343,097—(1,591)1,10419,34020,4444,7076/29/20161998
1001 Phifer RoadKings MountainNC—6558,2832,456—(574)65710,16310,8203,9066/23/20111998
128 Brawley School RoadMooresvilleNC—5957,3052,441—(467)6139,2619,8743,4746/23/20111999
1309, 1321, & 1325 McCarthy Boulevard (5)
New BernNC—1,24520,8985,383—(788)1,24525,49326,7389,1836/20/20112001/2005/2008
13150 & 13180 Dorman RoadPinevilleNC—1,18022,8006,312—(1,758)1,18027,35428,53410,72511/17/20091998
801 Dixie Trail (5)
RaleighNC—3,23317,7882,752—(1,307)3,23619,23022,4665,1756/29/20161992
2744 South 17th StreetWilmingtonNC—1,13414,7713,551—(1,621)1,13916,69617,8354,3714/18/20161998
1730 Parkwood Boulevard West (8)
WilsonNC8,74461014,7873,322—(734)61017,37517,9856,4286/20/20112004/2006
17007 Elm Plaza (6)
OmahaNE—4,68022,022———4,68022,02226,7029,5648/21/20082007
3030 South 80th StreetOmahaNE—6505,8502,706—(582)6507,9748,6243,7766/3/20051992
1400 Route 70LakewoodNJ—4,88528,80321,796—(4,486)4,90546,09350,99822,2611/11/20021987
2 Hillside DriveMt. ArlingtonNJ—1,37511,2323,054—(773)1,39313,49514,8887,15212/29/20032001
655 Pomander WalkTeaneckNJ—4,95044,55020,114—(5,283)4,98459,34764,33118,32212/15/20111989
10500 Academy Road NE (5)
AlbuquerqueNM—3,82822,57213,799—(3,286)3,82833,08536,91316,5771/11/20021986
4100 Prospect Avenue NE (6)
AlbuquerqueNM—54010,1058——54010,11310,6534,60110/30/20071977
4300 Landau Street NE (6)
AlbuquerqueNM—1,0609,8758——1,0609,88310,9434,49710/30/20071973
4411 The 25 WayAlbuquerqueNM—3,48025,2457,146—(2,194)4,27029,40733,67711,57612/22/20101970
4420 The 25 WayAlbuquerqueNM—1,4302,6091,559—(152)1,7513,6955,4461,54812/22/20101970
9190 Coors Boulevard NW (6)
AlbuquerqueNM—1,6609,1738——1,6609,18110,8414,17710/30/20071983
2200 East Long Street (8)
Carson CityNV12,13062217,9002,214—(477)62219,63720,2595,8885/1/20152009
3201 Plumas Street (8)
RenoNV26,3692,42049,58011,630—(2,193)2,42059,01761,43721,11012/15/20111989
200 Old County Road (8)
MineolaNY21,7964,92024,05618,939—(2,353)4,92040,64245,56214,9539/30/20111971
537 Riverdale AvenueYonkersNY—8,46090,56122,288—(7,479)8,465105,365113,83034,9128/31/20122000
4590 Knightsbridge BoulevardColumbusOH—3,62327,77825,274—(5,240)3,73247,70351,43523,6801/11/20021989
3929 Hoover Road (6)
Grove CityOH—3323,0811,015——3324,0964,4283,0106/4/19931965
7555 Innovation WayMasonOH—1,02512,883———1,02512,88313,9082,97810/6/20162015
8709 S.E. Causey AvenuePortlandOR—3,30377,4288,905(26,073)(10,649)2,20150,71352,9149,9415/1/20151985 / 1991
71 Darlington Road (8)
Beaver FallsPA9,5441,50013,5003,888—(1,042)1,52316,32317,8467,47310/31/20051997
950 Morgan HighwayClarks SummitPA—1,0018,2333,235—(352)1,01711,10012,1175,33712/29/20032001
600 N. Pottstown PikeExtonPA—1,0018,2334,184—(569)1,00111,84812,8495,79012/29/20032000
242 Baltimore PikeGlen MillsPA—1,0018,2334,605—(382)1,00112,45613,4575,71912/29/20032001
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
20 Capital DriveHarrisburgPA—3979,33336——3979,3699,7662,5591/29/20152013
210 Mall Boulevard (8)
King of PrussiaPA3,1841,5404,7432,841——1,9527,1729,1243,4448/8/20081970
800 Manor DriveNew Britain (Chalfont)PA—9798,0523,727—(695)98111,08212,0635,69912/29/20031998
5750 Centre Avenue (8)
PittsburghPA6,5143,00011,8286,056—(1,093)3,78816,00319,7917,2896/11/20081991
700 Northampton Street (8)
Tiffany Court (Kingston)PA8,097—5,6823,821—(687)—8,8168,8164,04112/29/20031997
5250 Meadowgreen DriveWhitehallPA—1,59914,4015,348—(1,613)1,59918,13619,7358,56210/31/20051987
1304 McLees RoadAndersonSC—2953,5092,256—(394)2955,3715,6662,56411/19/20041999
719 Kershaw Highway (6)
CamdenSC—3223,6972,519—(746)3245,4685,7922,79011/19/20041999
1901 West Carolina Avenue (6)
HartsvilleSC—4014,7753,243—(515)4017,5037,9043,31411/19/20041999
218 Old Chapin RoadLexingtonSC—3634,3222,233—(528)3636,0276,3903,02711/19/20041999
491 Highway 17Little RiverSC—7509,0183,455—(774)75011,69912,4494,5526/23/20112000
601 Mathis Ferry RoadMt. PleasantSC—1,68712,612706(10,794)(2,021)2,190—2,190—6/29/20161999
937 Bowman RoadMt. PleasantSC—3,89831,61316,234—(4,842)3,83043,07346,90313,3987/1/20121997 / 1983
9547 Highway 17 NorthMyrtle BeachSC—5433,20213,085(3,192)(4,490)3338,8159,1482,7351/11/20021980
2306 Riverbank DriveOrangeburgSC—3033,6072,089—(436)3035,2605,5632,69911/19/20041999
6716 Nolensville RoadBrentwoodTN—1,5286,037624—(165)1,5286,4968,0242,07411/30/20122010
207 Uffelman DriveClarksvilleTN—3202,9942,982—(222)3205,7546,0742,37012/31/20061997
51 Patel WayClarksvilleTN—80010,3229,977—(1,409)83318,85719,6906,32212/19/20122005
2900 Westside Drive NWClevelandTN—3053,6273,025—(496)3056,1566,4612,76011/19/20041998
1010 East Spring Street (6)
CookevilleTN—3223,8282,484—(540)3225,7726,0942,72411/19/20041998
105 Sunrise Circle (6)
FranklinTN—3223,8331,905—(402)3295,3295,6582,63611/19/20041997
1085 Hartsville PikeGallatinTN—2803,3272,561—(284)2825,6025,8842,62311/19/20041998
1200 North ParkwayJacksonTN—2953,5062,122—(300)2995,3245,6232,45211/19/20041999
550 Deer View WayJefferson CityTN—9408,0572,799—(626)94810,22211,1703,29210/15/20132001
10914 Kingston Pike (8)
KnoxvilleTN4,04361312,4101,876—(1,116)61713,16613,7832,7336/29/20182008
3030 Holbrook DriveKnoxvilleTN—3527,1282,660—(815)3608,9659,3251,8446/29/20181999
100 Chatuga Drive West (8)
LoudonTN13,43458016,09334,049—(1,714)1,09447,91449,0085,9371/19/20182003
350 Volunteer Drive (6)
ParisTN—11012,1002,444—(905)11013,63913,7493,5476/29/20161997
971 State Hwy 121 (6)
AllenTX—2,59017,912———2,59017,91220,5027,7798/21/20082006
6818 Austin Center BoulevardAustinTX—1,54027,4674,419—(1,017)1,70930,70032,40913,14210/31/20081994
7600 N Capital Texas HighwayAustinTX—3004,5571,784——3006,3416,6412,51012/22/20101996
4620 Bellaire BoulevardBellaireTX—1,23811,0107,519—(1,860)1,32516,58217,90711,04710/1/20121991
120 Crosspoint DriveBoerneTX—2204,9262,087—(188)2276,8187,0452,9662/7/20081990
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
4015 Interstate 45Conroe TX—62014,0742,524—(447)62016,15116,7716,29810/26/20102009
5455 La Sierra DriveDallasTX—2,30025,20012,701—(3,714)2,32434,16336,48712,68012/15/20111989
7831 Park Lane (5)
DallasTX—4,70927,76828,064—(4,876)5,43250,23355,66525,7721/11/20021990
1575 Belvidere StreetEl PasoTX—2,30113,56716,798—(2,201)2,31628,14930,46512,9371/11/20021987
96 Frederick Road (8)
FredericksburgTX6,5272804,8667,165—(303)28011,72812,0084,3332/7/20081999
13215 Dotson RoadHoustonTX—99013,8873,128—(852)1,23415,91917,1535,4837/17/20122007
777 North Post Oak RoadHoustonTX—5,53732,64745,313—(7,879)5,54070,07875,61831,3291/11/20021989
9812 Slide RoadLubbockTX—1,1109,7981,201——1,11010,99912,1094,0936/4/20102009
605 Gateway CentralMarble Falls TX—1,4407,1253,010—(941)1,4409,19410,6343,33312/19/20121994 / 2002
7150 N. President George Bush TurnpikeNorth GarlandTX—1,9818,5482,144(346)(1,785)1,9478,59510,5421,74612/31/20122006
500 Coit Road (6)
PlanoTX—3,46344,841838——3,46845,67449,1427,35612/20/20192016
18302 Talavera RidgeSan AntonioTX—6,85530,6302,880——6,85533,51040,3658,8541/29/20152008
21 Spurs Lane (8)
San AntonioTX12,4413,14123,1427,375—(317)3,21130,13033,3419,2794/10/20142006
311 West Nottingham Place (5)
San AntonioTX—4,28325,25619,829—(5,565)4,35939,44443,80320,3851/11/20021989
511 & 575 Knights Cross DriveSan AntonioTX—2,30020,4005,123—(1,988)2,30623,52925,8359,49811/17/20092003
5055 West Panther Creek Drive (8)
WoodlandsTX22,5423,69421,78217,930—(6,114)4,35332,93937,29217,7811/11/20021988
491 Crestwood DriveCharlottesvilleVA—6417,6333,982—(1,066)64610,54411,1905,33211/19/20041998
1005 Elysian Place (8)
ChesapeakeVA9,8822,37023,7054,523—(1,678)2,58926,33128,9209,7096/20/20112006
4027 Martinsburg Pike (6)
Clear BrookVA—3,77521,76871——3,84721,76725,6145,9431/29/20152013
20 HeartFields Lane (6)
FredericksburgVA—2878,4803,173—(1,168)28710,48510,7725,59110/25/20021998
2800 Polo ParkwayMidlothianVA—1,10313,1266,301—(1,584)1,10817,83818,9468,77711/19/20041996
655 Denbigh BoulevardNewport NewsVA—5816,9213,200—(686)5849,43210,0164,74211/19/20041998
6160 Kempsville CircleNorfolkVA—3,2637,6155,585—(285)3,37412,80416,1783,88812/22/20171987
6161 Kempsville RoadNorfolkVA—1,5309,5314,841—(686)1,53013,68615,2165,90212/22/20081999
6311 Granby Street (8)
NorfolkVA7,7421,92016,5386,046—(1,650)2,01420,84022,8548,0376/20/20112005
885 Kempsville RoadNorfolkVA—1,7808,3544,318—(1,169)2,01411,26913,2834,7465/20/20091981
531 Wythe Creek RoadPoquosonVA—2202,0411,751—(275)2203,5173,7371,6155/30/20031987
10800 Nuckols Road (8)
Glen AllenVA5,8462,86311,1051,975——2,86313,08015,9433,0503/28/20182000
3000 Skipwith RoadRichmondVA—7328,7172,501—(798)73210,42011,1525,23211/19/20041999
5620 Wesleyan Drive (8)
Virginia BeachVA7,1438937,9265,332—(783)89312,47513,3688,4019/1/20121990
4132 Longhill RoadWilliamsburgVA—2702,4682,398(945)(1,583)1622,4462,6081,0385/30/20031987
440 McLaws CircleWilliamsburgVA—1,46617,3401,195—(1,040)1,46617,49518,9614,3156/29/20161998
516 Kenosia Avenue SouthKentWA—1,3008,4583,875—(812)1,36811,45312,8214,3057/31/20121971
    Initial Cost to Company Cost at December 31, 2025  
AddressCityState
Encumbrances (1)
LandBuildings,
Improvements &
Equipment
Cost
Capitalized
Subsequent to
Acquisition
Impairment
Cost Basis Adjustment (2)
LandBuildings,
Improvements &
Equipment
Total (3)
Accumulated
Depreciation (4)
Date
Acquired
Original
Construction
Date
555 16th Avenue (6)
SeattleWA—2564,86968—(513)2564,4244,6803,55511/1/19931964
3003 West Good Hope RoadGlendaleWI—1,50033,7472,232——1,50035,97937,47913,7119/30/20091963
215 Washington StreetGraftonWI—50010,058344——50010,40210,9024,0869/30/20092009
N168W22022 Main StreetJacksonWI—1885,9621,726—(308)1927,3767,5682,30612/1/20142005
8351 Sheridan RoadKenoshaWI—7507,6691,671—(77)7589,25510,0133,8911/1/20082000
5601 Burke RoadMadisonWI—7007,4612,403—(118)7129,73410,4464,1351/1/20082000
7707 N. Brookline DriveMadisonWI—2,61535,5455,557—(1,552)2,63139,53442,16511,67812/1/20141999 / 2004
10803 North Port Washington RoadMequonWI—8008,3884,122—(279)80512,22613,0314,4941/1/20081999
701 East Puetz Road (8)
Oak CreekWI16,63365018,3964,236—(731)1,54021,01122,5519,5551/1/20082001
W231 N1440 Corporate CourtPewaukeeWI—3,90041,1402,960——3,90044,10048,00016,7159/30/20091994
8348 & 8400 Washington AvenueRacineWI—1,15022,4361,233——1,15023,66924,8199,1169/30/20091986
1221 North 26th StreetSheboyganWI—300975104——3001,0791,3793969/30/20091987
1222 North 23rd StreetSheboyganWI—1204,014150——1204,1644,2841,6319/30/20091987
2414 Kohler Memorial DriveSheboyganWI—1,40035,1682,225——1,40037,39338,79314,2899/30/20091986
1125 N Edge TrailVeronaWI—1,3659,5812,749—(821)1,37211,50212,8743,57211/1/20132001
3289 North Mayfair RoadWauwatosaWI—2,3006,245586——2,3006,8319,1312,5379/30/20091964
Total$469,116$522,369$4,016,133$1,905,063$(85,136)$(409,623)$542,403$5,406,403$5,948,806$2,089,906
Properties Held for Sale—8,90678,84523,369(47,834)(16,095)3,12244,06947,19125,140
Grand Total$469,116$531,275$4,094,978$1,928,432$(132,970)$(425,718)$545,525$5,450,472$5,995,997$2,115,046
(1)    Represents mortgage debts and finance leases.
(2)    Represents reclassifications between accumulated depreciation and buildings, improvements and equipment made to record certain properties at fair value in accordance with GAAP.
(3)    Aggregate cost for federal income tax purposes is approximately $6,904,894.
(4)    We depreciate buildings and improvements over periods ranging up to 40 years and equipment over periods ranging up to 12 years.
(5)    These properties are collateral for our undrawn $150,000 secured credit facility.
(6)    These properties are collateral for our $375,000 senior secured notes due 2030.
(7)    These properties are subject to our $613 of finance leases.
(8)    These properties are collateral for our $468,503 of mortgage notes.
Analysis of the carrying amount of real estate and equipment and accumulated depreciation during the period:
 Real Estate and
Equipment
Accumulated
Depreciation
Balance as of December 31, 2022$6,692,543 $1,828,352 
Additions241,720 264,171 
Disposals(16,750)— 
Impairment(18,380)— 
Cost basis adjustment (1)
(71,608)(71,608)
Reclassification of assets held for sale, net(9,058)(72)
Balance as of December 31, 20236,818,467 2,020,843 
Additions186,815 270,802 
Disposals(74,605)(24,183)
Impairment(70,734)— 
Cost basis adjustment (1)
(57,966)(57,966)
Reclassification of assets held for sale, net(378,725)(126,719)
Balance as of December 31, 20246,423,252 2,082,777 
Additions143,359 250,870 
Disposals(692,360)(244,457)
Impairment(165,702)— 
Cost basis adjustment (1)
(100,756)(100,756)
Reclassification of assets held for sale, net341,013 101,472 
Balance as of December 31, 2025$5,948,806 $2,089,906 
(1)    Represents reclassifications between accumulated depreciation and buildings, improvements and equipment made to record certain properties at fair value in accordance with GAAP.