Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2021

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				Cost		Gross Amount Carried
				Company				Capitalized		at Close of Period										Depreciable
						Building and		Subsequent to				Building and				Accumulated			Date	Life
Location		Encumbrances		Land		Improvements		Acquisition(2)		Land		Improvements		Total		Depreciation			Acquired	(Years)
CONTINUING OPERATIONS
LAND:
California	LAN003	$	-	$	28,464	$	2,836	$	(19,453)	$	9,011	$	2,836	$	11,847	$	2,866	(3)	2010	—
Florida	LAN004		-		26,600		-		(25,987)		26,600		(25,987)		613		7		2010	—
New Jersey	LAN006		-		43,300		-		32,034		75,334		-		75,334		1,189	(3)	2009	—
New Jersey	LAN007		-		3,992		-		51,329		55,321		-		55,321		-		2009	—
New Jersey	LAN008		-		111		5,954		2,275		2,386		5,954		8,340		-		2009	—
New York	LAN009		-		58,900		-		(19,874)		39,026		-		39,026		-		2011	—
New York	LAN011		-		4,600		-		-		4,600		-		4,600		-		2018	—
Virginia	LAN012		-		72,138		-		30,401		102,539		-		102,539		6,748	(3)	2009	—
Subtotal			-		238,105		8,790		50,725		314,817		(17,197)		297,620		10,810
RETAIL:
Hawaii	RET003	$	-	$	3,393	$	21,155	$	(7,134)	$	3,393	$	14,021	$	17,414	$	4,994		2009	40.0
Illinois	RET004		-		-		336		2,282		-		2,618		2,618		1,379		2010	40.0
Subtotal			-		3,393		21,491		(4,852)		3,393		16,639		20,032		6,373
HOTEL:
Hawaii	HOT001	$	-	$	17,996	$	17,996	$	(31,160)	$	3,419	$	1,413	$	4,832	$	4,531		2009	40.0
New Jersey	HOT002		-		297		18,299		3,931		297		22,230		22,527		3,089		2019	40.0
New Jersey	HOT003		-		120		6,548		23		120		6,571		6,691		412		2019	40.0
New Jersey	HOT004		-		3,815		40,194		4,143		3,815		44,337		48,152		10,002		2016	40.0
Subtotal			-		22,228		83,037		(23,063)		7,651		74,551		82,202		18,034
ENTERTAINMENT:
New Jersey	ENT060	$	-	$	750	$	10,670	$	798	$	750	$	11,468	$	12,218	$	1,226		2017	40.0
New York	ENT063		-		3,277		-		614		587		3,304		3,891		259		2013	40.0
Subtotal			-		4,027		10,670		1,412		1,337		14,772		16,109		1,485
TOTAL CONTINUING OPERATIONS		$	-	$	267,753	$	123,988	$	24,222	$	327,198	$	88,765	$	415,963	$	36,702	(5)

				Initial Cost to		Cost	Gross Amount Carried
				Company		Capitalized	at Close of Period
					Building and	Subsequent to		Building and		Accumulated	Date	Life
Location		Encumbrances		Land	Improvements	Acquisition(2)	Land	Improvements	Total	Depreciation	Acquired	(Years)
DISCONTINUED OPERATIONS
OFFICE FACILITIES:
Arizona	OFF001	-	(1)	1,033	6,652	2,942	1,033	9,594	10,627	5,688	1999	40.0
Arizona	OFF002	-	(1)	1,033	6,652	491	1,033	7,143	8,176	3,916	1999	40.0
Arizona	OFF003	-	(1)	1,033	6,652	556	1,033	7,208	8,241	3,976	1999	40.0
Arizona	OFF004	-	(1)	701	4,339	2,170	701	6,509	7,210	3,138	1999	40.0
California	OFF005	-		9,702	29,831	2,360	9,702	32,191	41,893	3,363	2018	40.0
Colorado	OFF006	-	(1)	-	16,752	(11,213)	-	5,539	5,539	712	2002	40.0
Hawaii	OFF007	43,751		-	42,177	-	-	42,177	42,177	-	2021	40.0
Illinois	OFF008	19,628		7,681	30,230	-	7,681	30,230	37,911	3,375	2018	40.0
Maryland	OFF009	115,000		19,529	148,286	(85)	19,529	148,201	167,730	11,977	2018	40.0
Massachusetts	OFF010	-		1,600	21,947	286	1,600	22,233	23,833	11,091	2002	40.0
New Jersey	OFF011	63,500		-	99,296	238	-	99,534	99,534	7,067	2019	40.0
New Jersey	OFF012	45,610		7,726	74,429	10	7,724	74,441	82,165	35,482	2002	40.0
New Jersey	OFF013	5,885		1,008	13,763	206	1,008	13,969	14,977	6,203	2004	40.0
New Jersey	OFF014	14,013		2,456	28,955	814	2,456	29,769	32,225	13,269	2004	40.0
New York	OFF015	69,986		19,631	104,527	-	19,631	104,527	124,158	9,576	2018	40.0
Texas	OFF016	91,000		-	88,136	17,533	-	105,669	105,669	7,423	2019	40.0
Virginia	OFF017	49,161		14,242	68,610	-	14,242	68,610	82,852	7,244	2018	40.0
Subtotal		517,534		87,375	791,234	16,308	87,373	807,544	894,917	133,500
INDUSTRIAL FACILITIES:
Michigan	IND001	-	(1)	598	9,814	-	598	9,814	10,412	4,867	2007	40.0
Minnesota	IND002	-	(1)	6,705	17,690	-	6,225	18,170	24,395	7,682	2005	40.0
Ohio	IND003	51,282		1,990	56,329	25,001	1,990	81,330	83,320	6,597	2018	40.0
Oklahoma	IND004	7,565		401	7,644	-	401	7,644	8,045	1,432	2018	40.0
Texas	IND005	7,566		2,341	17,142	-	2,341	17,142	19,483	1,880	2018	40.0
Wisconsin	IND006	29,349		2,845	55,805	272	2,845	56,077	58,922	6,182	2018	40.0
Subtotal		95,762		14,880	164,424	25,273	14,400	190,177	204,577	28,640

					Initial Cost to				Cost		Gross Amount Carried
					Company				Capitalized		at Close of Period
							Building and		Subsequent to				Building and				Accumulated		Date	Life
Location		Encumbrances			Land		Improvements		Acquisition(2)		Land		Improvements		Total		Depreciation		Acquired	(Years)
ENTERTAINMENT:
Alabama	ENT001	$	1,566		$	1,939	$	1,840	$	-	$	1,939	$	1,840	$	3,779	$	403	2018	40.0
Arizona	ENT002		1,252			389		2,074		1		389		2,075		2,464		273	2018	40.0
Arizona	ENT003		2,208			1,750		2,118		-		1,750		2,118		3,868		439	2018	40.0
Arizona	ENT004		4,647			1,969		3,552		-		1,969		3,552		5,521		577	2018	40.0
Arizona	ENT005		1,402			970		1,710		-		970		1,710		2,680		267	2018	40.0
Arizona	ENT006		1,640			1,205		1,933		-		1,205		1,933		3,138		286	2018	40.0
Arizona	ENT007		917			456		877		1		456		878		1,334		159	2018	40.0
California	ENT008		2,470			2,032		4,869		-		2,032		4,869		6,901		776	2018	40.0
California	ENT009		1,528			1,097		1,882		1		1,097		1,883		2,980		342	2018	40.0
California	ENT010		1,455			990		1,910		-		990		1,910		2,900		319	2018	40.0
California	ENT011		2,666			1,649		3,803		-		1,649		3,803		5,452		603	2018	40.0
California	ENT012		2,488			1,503		3,608		-		1,503		3,608		5,111		552	2018	40.0
California	ENT013		1,068			777		1,963		-		777		1,963		2,740		368	2018	40.0
California	ENT015		-	(1)		-		1,953		28,817		-		30,770		30,770		9,002	2008	40.0
California	ENT016		1,528			1,167		1,930		-		1,167		1,930		3,097		329	2018	40.0
Canada	ENT017		2,007			1,231		2,491		-		1,231		2,491		3,722		412	2018	40.0
Colorado	ENT018		1,545			1,057		1,719		-		1,057		1,719		2,776		310	2018	40.0
Colorado	ENT019		1,052			497		820		-		497		820		1,317		167	2018	40.0
Colorado	ENT020		1,464			713		2,206		-		713		2,206		2,919		262	2018	40.0
Colorado	ENT021		5,283			2,880		5,586		-		2,880		5,586		8,466		806	2018	40.0
Colorado	ENT022		1,550			1,018		1,886		-		1,018		1,886		2,904		312	2018	40.0
Colorado	ENT023		1,005			669		1,671		-		669		1,671		2,340		277	2018	40.0
Florida	ENT024		1,102			757		1,347		-		757		1,347		2,104		240	2018	40.0
Florida	ENT025		-	(1)		-		41,809		-		-		41,809		41,809		25,998	2005	27.0
Florida	ENT026		-	(1)		6,550		-		17,118		6,533		17,135		23,668		6,281	2006	40.0
Florida	ENT027		1,183			513		493		-		513		493		1,006		73	2018	40.0
Florida	ENT028		1,245			843		1,537		-		843		1,537		2,380		278	2018	40.0
Florida	ENT029		-	(1)		4,200		18,272		2,591		4,200		20,863		25,063		7,805	2005	40.0
Georgia	ENT031		1,824			1,383		3,776		-		1,383		3,776		5,159		529	2018	40.0
Georgia	ENT032		4,341			2,098		5,113		(1)		2,098		5,112		7,210		700	2018	40.0
Georgia	ENT033		1,367			911		1,285		-		911		1,285		2,196		221	2018	40.0
Georgia	ENT034		1,978			1,180		1,436		-		1,180		1,436		2,616		238	2018	40.0
Georgia	ENT035		1,176			715		760		-		715		760		1,475		153	2018	40.0
Georgia	ENT036		2,210			1,110		380		-		1,110		380		1,490		141	2018	40.0
Georgia	ENT037		1,957			893		311		1		893		312		1,205		74	2018	40.0
Illinois	ENT038		2,894			1,312		4,041		-		1,312		4,041		5,353		733	2018	40.0
Illinois	ENT039		1,575			861		3,945		-		861		3,945		4,806		555	2018	40.0
Illinois	ENT040		-	(1)		8,803		57		33,479		8,803		33,536		42,339		11,043	2006	40.0
Illinois	ENT041		1,016			455		819		1		455		820		1,275		111	2018	40.0
Illinois	ENT042		1,126			924		238		1		924		239		1,163		225	2018	40.0
Illinois	ENT043		1,150			704		956		(1)		704		955		1,659		153	2018	40.0

					Initial Cost to				Cost		Gross Amount Carried
					Company				Capitalized		at Close of Period
							Building and		Subsequent to				Building and					Accumulated		Date	Life
Location		Encumbrances			Land		Improvements		Acquisition(2)		Land		Improvements		Total			Depreciation		Acquired	(Years)
Illinois	ENT044		2,771			2,254		3,251		-		2,254		3,251		5,505			674	2018	40.0
Illinois	ENT045		1,025			730		682		-		730		682		1,412			169	2018	40.0
Illinois	ENT046		1,665			1,754		3,289		(1)		1,754		3,288		5,042			556	2018	40.0
Illinois	ENT047		918			600		666		-		600		666		1,266			150	2018	40.0
Illinois	ENT048		584			342		670		-		342		670		1,012			116	2018	40.0
Illinois	ENT049		1,098			829		1,597		(1)		829		1,596		2,425			280	2018	40.0
Maryland	ENT050		1,600			1,762		1,300		-		1,762		1,300		3,062			290	2018	40.0
Maryland	ENT051		1,244			889		1,632		1		889		1,633		2,522			225	2018	40.0
Minnesota	ENT052		2,460			1,801		2,814		(1)		1,801		2,813		4,614			584	2018	40.0
Minnesota	ENT053		2,453			1,455		2,036		-		1,455		2,036		3,491			421	2018	40.0
Minnesota	ENT054		-	(1)		2,962		-		17,164		2,962		17,164		20,126			7,490	2006	40.0
Minnesota	ENT055		2,506			1,496		2,117		-		1,496		2,117		3,613			388	2018	40.0
Minnesota	ENT056		2,508			1,910		3,373		-		1,910		3,373		5,283			538	2018	40.0
Minnesota	ENT057		-	(1)		2,437		8,715		2,098		2,437		10,813		13,250			5,250	2006	40.0
Missouri	ENT058		2,728			1,936		3,381		(0)		1,936		3,381		5,317			529	2014	40.0
Missouri	ENT059		1,283			803		1,408		0		803		1,408		2,211			214	2014	40.0
New Jersey	ENT061		1,493			1,141		2,094		-		1,141		2,094		3,235			287	2018	40.0
New Jersey	ENT062		1,368			1,354		1,314		-		1,354		1,314		2,668			353	2018	40.0
Ohio	ENT064		892			290		1,057		-		290		1,057		1,347			110	2018	40.0
Pennsylvania	ENT065		775			410		759		-		410		759		1,169			158	2018	40.0
Texas	ENT066		1,098			712		763		-		712		763		1,475			136	2018	40.0
Texas	ENT067		897			379		266		-		379		266		645			67	2018	40.0
Texas	ENT068		1,996			1,073		2,274		-		1,073		2,274		3,347			337	2018	40.0
Washington	ENT069		2,004			1,608		4,010		-		1,608		4,010		5,618			627	2018	40.0
Subtotal			102,252			91,097		188,444		101,269		91,080		289,730		380,810			92,741
RETAIL:
Colorado	RET001		-	(1)		2,631		279		5,195		2,607		5,498		8,105			1,999	2006	40.0
Florida	RET002		-	(1)		3,950		-		10,285		3,908		10,327		14,235			3,935	2005	40.0
New Mexico	RET005		-	(1)		1,733		-		8,728		1,705		8,756		10,461			3,453	2005	40.0
New York	RET006		-	(1)		731		6,073		700		711		6,793		7,504			3,051	2005	40.0
Texas	RET007		-	(1)		3,538		4,215		(187)		3,514		4,052		7,566			1,604	2005	40.0
Utah	RET008		-	(1)		3,502		-		5,978		3,502		5,978		9,480			2,260	2005	40.0
Subtotal			-			16,085		10,567		30,699		15,947		41,404		57,351			16,302
TOTAL DISCONTINUED OPERATIONS		$	715,548		$	209,437	$	1,154,669	$	173,549	$	208,800	$	1,328,855	$	1,537,655		$	271,183
GRAND TOTAL		$	715,548		$	477,190	$	1,278,657	$	197,771	$	535,998	$	1,417,620	$	1,953,618	(4)	$	307,885

(1) Consists of properties pledged as collateral under the Company’s secured credit facilities with a carrying value of $217.7 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 $2.14 billion at December 31, 2021.

(5) Includes $10.8 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, 2021.

The following table reconciles real estate, excluding real estate classified as discontinued operations, from January 1, 2019 to December 31, 2021:

	2021		2020		2019
Balance at January 1	$	660,896	$	817,382	$	$ 885,200
Improvements and additions		24,691		32,142		102,590
Acquisitions through foreclosure		—		—		-
Other acquisitions		—		—		34,492
Dispositions		(268,945)		(182,838)		(194,523)
Impairments		(679)		(5,790)		(10,377)
Balance at December 31	$	415,963	$	660,896	$	817,382

The following table reconciles accumulated depreciation, excluding accumulated depreciation for real estate classified as discontinued operations, from January 1, 2019 to December 31, 2021:

	2021		2020		2019
Balance at January 1	$	(32,643)	$	(28,049)	$	(30,961)
Additions		(5,086)		(5,482)		(5,221)
Dispositions		1,027		888		8,133
Balance at December 31	$	(36,702)	$	(32,643)	$	(28,049)

The following table reconciles real estate classified as discontinued operations from January 1, 2019 to December 31, 2021:

	2021		2020		2019
Balance at January 1	$	1,542,101	$	1,547,031	$	1,825,312
Improvements and additions		2,578		21,764		31,445
Other acquisitions		42,177		—		196,944
Dispositions		(23,201)		(26,694)		(270,125)
Other		(26,000)		—		(236,545)
Balance at December 31	$	1,537,655	$	1,542,101	$	1,547,031

The following table reconciles accumulated depreciation classified as discontinued operations from January 1, 2019 to December 31, 2021:

	2021		2020		2019
Balance at January 1	$	(250,198)	$	(219,949)	$	(287,764)
Additions		(40,268)		(38,787)		(40,393)
Dispositions		8,224		8,538		64,008
Other		11,059		—		44,200
Balance at December 31	$	(271,183)	$	(250,198)	$	(219,949)