The following schedule presents our total real estate investments and accumulated depreciation for our operating properties as of December 31, 2013 (in thousands):



				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (a)			Gross Amount at Which Carried at Close of Period
		Encumbrances		Land		Buildings, Improvements and Fixtures		Cost Capitalized Subsequent to Acquisition (a)			Land		Buildings, Improvements and Fixtures		Total (c)		Accumulated Depreciation(f)		Date of Construction	Date Acquired	Life on Which Building Depreciation in Income Statement is Computed (h)
Phoenix Med Center	Glendale, AZ	$	2,049	$	453	$	2,768	$	194		$	453	$	2,962	$	3,415	(388	)	1989	2011	39
Thunderbird MOP	Glendale, AZ	13,148		3,842		19,679		3,116			3,842		22,795		26,637		(5,541	)	1976 - 1987	2007	39
Peoria MOB	Peoria, AZ	4,151		605		4,394		268			605		4,662		5,267		(621	)	2000	2010	39
Baptist MC	Phoenix, AZ	7,242		—		12,637		1,241			—		13,878		13,878		(2,184	)	1973	2008	39
Desert Ridge MOB	Phoenix, AZ	—		—		27,738		503			—		28,241		28,241		(1,988	)	2004 - 2006	2011	39
Estrella Med Center	Phoenix, AZ	19,909		—		24,703		747			—		25,450		25,450		(2,888	)	2004	2010	39
Sun City Boswell MOBs	Sun City, AZ	—		—		20,290		1,300			—		21,590		21,590		(4,779	)	1971 - 2001	2009	39
Sun City Boswell West	Sun City, AZ	—		—		6,610		864			—		7,474		7,474		(1,272	)	1992	2009	39
Sun City Webb MP	Sun City, AZ	—		—		29,669		710			—		30,379		30,379		(5,079	)	1997 - 2004	2009	39
Sun City West MOBs	Sun City, AZ	—		744		13,466		860			744		14,326		15,070		(2,857	)	1987 - 2002	2009	39
Gateway Med Plaza	Tucson, AZ	9,960		—		14,005		(94		)	—		13,911		13,911		(1,341	)	2008	2010	39
Tucson Academy MOP	Tucson, AZ	—		1,193		6,107		1,153			1,193		7,260		8,453		(1,698	)	1978	2008	39
Tucson Desert Life MOP	Tucson, AZ	—		1,309		17,572		706			1,309		18,278		19,587		(4,010	)	1980 - 1984	2007	39
Senior Care El Monte	El Monte, CA	—		1,534		3,545		(17		)	1,534		3,528		5,062		(585	)	1964	2008	39
Senior Care Lomita	Lomita, CA	—		1,035		2,083		(8		)	1,035		2,075		3,110		(371	)	1959	2008	39
St. Mary Physician's Center	Long Beach, CA	—		1,815		10,242		471			1,815		10,713		12,528		(1,890	)	1992	2007	39
San Luis Obispo MOB	San Luis Obispo, CA	—		—		11,900		1,469			—		13,369		13,369		(1,523	)	2009	2010	39
Hampden Place MOB	Englewood, CO	—		3,032		12,553		13			3,032		12,566		15,598		(1,832	)	2004	2009	39
Highlands Ranch MOP	Highlands Ranch, CO	—		2,240		10,426		1,516			2,240		11,942		14,182		(2,724	)	1983 - 1985	2007	39
Lincoln Medical Center	Parker, CO	—		5,142		28,638		—			5,142		28,638		33,780		(424	)	2008	2013	39
Brandon MOP	Brandon, FL	—		901		6,946		534			901		7,480		8,381		(1,536	)	1997	2008	39
Orlando Rehab Hospital	Edgewood, FL	—		2,600		20,256		3,000			2,600		23,256		25,856		(1,884	)	2007	2010	39
Palmetto MOB	Hialeah, FL	5,924		—		15,512		26			—		15,538		15,538		(246	)	1980	2013	39
East FL Senior Jacksonville	Jacksonville, FL	—		4,291		9,220		—			4,291		9,220		13,511		(2,773	)	1985	2007	39
King Street MOB	Jacksonville, FL	5,653		—		7,232		(70		)	—		7,162		7,162		(881	)	2007	2010	39
Jupiter MP	Jupiter, FL	—		1,204		11,778		—			1,204		11,778		12,982		—		1996 - 1997	2013	39
Central FL SC	Lakeland, FL	—		768		3,002		233			768		3,235		4,003		(607	)	1995	2008	39
Vista Pro Center MOP	Lakeland, FL	—		1,082		3,587		75			1,082		3,662		4,744		(830	)	1996 - 1999	2007 - 2008	39
Largo, Medical Center	Largo, FL	29,925		—		51,045		—			—		51,045		51,045		—		2009	2013	39
Largo MOP	Largo, FL	—		729		8,908		411			729		9,319		10,048		(1,872	)	1975 - 1986	2008	39
FL Family Medical Center	Lauderdale Lakes, FL	—		—		4,257		9			—		4,266		4,266		(97	)	1978	2013	39
Northwest Medical Park	Margate, FL	—		—		9,525		—			—		9,525		9,525		—		2009	2013	39
North Shore MOB	Miami, FL	—		—		4,942		—			—		4,942		4,942		(101	)	1978	2013	39
Common V MOB	Naples, FL	9,214		4,173		9,070		229			4,173		9,299		13,472		(1,826	)	1990	2007	39



			Initial Cost to Company		Cost Capitalized Subsequent to Acquisition (a)		Gross Amount at Which Carried at Close of Period
		Encumbrances	Land	Buildings, Improvements and Fixtures	Cost Capitalized Subsequent to Acquisition (a)		Land	Buildings, Improvements and Fixtures	Total (c)	Accumulated Depreciation(f)		Date of Construction	Date Acquired	Life on Which Building Depreciation in Income Statement is Computed (h)
Orlando Lake Underhill MOB	Orlando, FL	—	—	8,515	492		—	9,007	9,007	(1,082	)	2000	2010	39
Orlando Oviedo MOB	Oviedo, FL	—	—	5,711	163		—	5,874	5,874	(668	)	1998	2010	39
Heart & Family Health MOB	Port St. Lucie, FL	—	686	8,102	—		686	8,102	8,788	—		2008	2013	39
St. Lucie MC	Port St. Lucie, FL	—	—	6,127	—		—	6,127	6,127	—		2008	2013	39
East FL Senior Sunrise	Sunrise, FL	—	2,947	12,825	—		2,947	12,825	15,772	(3,265	)	1989	2007	39
Tallahassee Rehab Hospital	Tallahassee, FL	—	7,142	18,691	2,400		7,142	21,091	28,233	(1,831	)	2007	2010	39
FL Ortho Institute	Temple Terrace, FL	—	2,923	17,647	—		2,923	17,647	20,570	(1,763	)	2001 - 2003	2010	39
Wellington MAP III	Wellington, FL	7,977	—	10,511	(85	)	—	10,426	10,426	(994	)	2006	2010	39
Victor Farris MOB	West Palm Beach, FL	11,942	—	23,052	—		—	23,052	23,052	(281	)	1988	2013	39
East FL Senior Winter Park	Winter Park, FL	—	2,840	12,825	—		2,840	12,825	15,665	(3,591	)	1988	2007	39
Augusta Rehab Hospital	Augusta, GA	—	1,059	20,899	—		1,059	20,899	21,958	(1,880	)	2007	2010	39
Austell Medical Park	Austell, GA	—	432	4,057	—		432	4,057	4,489	(83	)	2007	2013	39
Camp Creek Med Center	Atlanta, GA	—	2,961	19,688	(179	)	2,961	19,509	22,470	(2,754	)	2006 - 2010	2010 - 2012	39
Decatur MP	Decatur, GA	—	3,166	6,862	340		3,153	7,215	10,368	(1,384	)	1976	2008	39
Yorktown MC	Fayetteville, GA	—	2,802	12,502	2,171		2,802	14,673	17,475	(3,418	)	1987	2007	39
Gwinett MOP	Lawrenceville, GA	—	1,290	7,246	1,210		1,290	8,456	9,746	(1,901	)	1985	2007	39
Marietta Health Park	Marietta, GA	7,200	1,276	12,197	417		1,276	12,614	13,890	(2,552	)	2000	2008	39
Shakerag MC	Peachtree City, GA	12,875	743	3,290	1,171		743	4,461	5,204	(1,025	)	1994	2007	39
Northmeadow Medical Center	Roswell, GA	—	1,245	9,109	104		1,245	9,213	10,458	(1,976	)	1999	2007	39
Overlook at Eagle's Landing	Stockbridge, GA	5,143	638	6,685	79		638	6,764	7,402	(852	)	2004	2010	39
SouthCrest MOP	Stockbridge, GA	—	4,260	14,636	390		4,260	15,026	19,286	(3,411	)	2005	2008	39
Rush Oak Park MOB	Oak Park, IL	—	1,096	38,550	—		1,096	38,550	39,646	(1,874	)	2000	2012	39
Brownsburg MOB	Brownsburg, IN	—	431	639	164		431	803	1,234	(316	)	1989	2008	39
Athens SC	Crawfordsville, IN	—	381	3,575	117		381	3,692	4,073	(831	)	2000	2007	39
Crawfordsville MOB	Crawfordsville, IN	4,104	318	1,899	50		318	1,949	2,267	(510	)	1997	2007	39
Deaconess Clinic Downtown	Evansville, IN	—	1,748	21,963	60		1,748	22,023	23,771	(3,097	)	1952 - 1967	2010	39
Deaconess Clinic Westside	Evansville, IN	20,178	360	3,265	166		360	3,431	3,791	(468	)	2005	2010	39
Dupont MOB	Fort Wayne, IN	—	—	8,246	—		—	8,246	8,246	—		2004	2013	39
Ft. Wayne MOB	Fort Wayne, IN	—	—	6,579	—		—	6,579	6,579	(763	)	2008	2009	39
Community MP	Indianapolis, IN	—	560	3,581	192		560	3,773	4,333	(796	)	1995	2008	39
Eagle Highlands MOP	Indianapolis, IN	—	2,216	11,154	4,128		2,216	15,282	17,498	(2,931	)	1988 - 1989	2008	39
Epler Parke MOP	Indianapolis, IN	—	1,556	6,928	(44	)	1,556	6,884	8,440	(1,748	)	2002 - 2003	2007 - 2008	39
Glendale Prof Plaza	Indianapolis, IN	—	570	2,739	711		570	3,450	4,020	(969	)	1993	2008	39
MMP Eagle Highlands	Indianapolis, IN	—	1,044	13,548	1,755		1,044	15,303	16,347	(3,304	)	1993	2008	39
MMP East	Indianapolis, IN	—	1,236	9,840	1,580		1,236	11,420	12,656	(3,297	)	1996	2008	39
MMP North	Indianapolis, IN	—	1,518	15,460	3,259		1,427	18,810	20,237	(3,556	)	1995	2008	39
MMP South	Indianapolis, IN	—	1,127	10,414	843		1,127	11,257	12,384	(2,672	)	1994	2008	39



			Initial Cost to Company		Cost Capitalized Subsequent to Acquisition (a)		Gross Amount at Which Carried at Close of Period
		Encumbrances	Land	Buildings, Improvements and Fixtures	Cost Capitalized Subsequent to Acquisition (a)		Land	Buildings, Improvements and Fixtures	Total (c)	Accumulated Depreciation(f)		Date of Construction	Date Acquired	Life on Which Building Depreciation in Income Statement is Computed (h)
Southpointe MOP	Indianapolis, IN	8,791	2,190	7,548	901		2,190	8,449	10,639	(1,970	)	1996	2007	39
Kokomo MOP	Kokomo, IN	—	1,779	9,614	483		1,779	10,097	11,876	(2,387	)	1992 - 1994	2007	39
Deaconess Clinic Gateway	Newburgh, IN	—	—	10,952	(9	)	—	10,943	10,943	(1,303	)	2006	2010	39
Zionsville MC	Zionsville, IN	—	655	2,877	430		664	3,298	3,962	(813	)	1992	2008	39
KS Doctors MOB	Overland Park, KS	—	1,808	9,517	850		1,808	10,367	12,175	(2,150	)	1978	2008	39
Nashoba Valley Med Center MOB	Ayer, MA	—	—	5,529	299		299	5,529	5,828	(339	)	1976 - 2007	2012	31
St. Elizabeth's Med Center	Brighton, MA	—	—	20,929	3,663		1,379	23,213	24,592	(1,186	)	1965 - 1988	2012	31
Good Samaritan Cancer Center	Brockton, MA	—	—	4,171	10		—	4,181	4,181	(188	)	2007	2012	31
Good Samaritan Med Center MOB	Brockton, MA	—	—	11,716	144		144	11,716	11,860	(686	)	1980	2012	31
Carney Hospital MOB	Dorchester, MA	—	—	7,250	530		530	7,250	7,780	(423	)	1978	2012	31
Norwood Hospital MOB	Fall River and Foxborough, MA	—	—	9,489	128		2,295	7,322	9,617	(458	)	1930 - 2000	2012	31
St. Anne's Hospital MOB	Fall River, MA	—	—	9,304	40		40	9,304	9,344	(418	)	2011	2012	31
Holy Family Hospital MOB	Methuen, MA	—	—	4,502	179		168	4,513	4,681	(316	)	1988	2012	31
N. Berkshire MOB	North Adams, MA	—	—	7,259	231		—	7,490	7,490	(768	)	2002	2011	39
Morton Hospital MOB	Taunton, MA	—	—	15,317	549		502	15,364	15,866	(1,344	)	1988	2012	31
Smyth MOB	Baltimore, MD	—	—	7,760	48		—	7,808	7,808	(1,209	)	1984	2009	39
Triad Tech Center	Baltimore, MD	11,450	—	26,548	—		—	26,548	26,548	(2,734	)	1989	2010	39
St. John Providence MOB	Novi, MI	—	—	42,371	—		—	42,371	42,371	(3,283	)	2007	2012	39
Fort Road MOB	St. Paul, MN	—	1,571	5,786	541		1,571	6,327	7,898	(1,232	)	1981	2008	39
Gallery Professional Building	St. Paul, MN	5,793	1,157	5,009	3,242		1,157	8,251	9,408	(2,629	)	1979	2007	39
Chesterfield Rehab Hospital	Chesterfield, MO	—	4,213	27,900	770		4,313	28,570	32,883	(4,935	)	2007	2007	39
BJC West County MOB	Creve Coeur, MO	—	2,242	13,130	571		2,242	13,701	15,943	(2,722	)	1978	2008	39
Winghaven MOB	O'Fallon, MO	—	1,455	9,708	514		1,455	10,222	11,677	(2,104	)	2001	2008	39
BJC MOB	St. Louis, MO	—	304	1,552	—		304	1,552	1,856	(302	)	2001	2008	39
Des Peres MAP II	St. Louis, MO	—	—	11,386	644		—	12,030	12,030	(1,280	)	2007	2010	39
San Martin MAP	Las Vegas, NV	—	—	14,777	(155	)	—	14,622	14,622	(1,446	)	2007	2010	39
Nutfield Professional Center	Derry, NH	—	1,075	10,320	745		1,075	11,065	12,140	(1,716	)	1963	2008	39
Santa Fe 1640 MOB	Santa Fe, NM	3,348	697	4,268	35		697	4,303	5,000	(481	)	1985	2010	39
Santa Fe 440 MOB	Santa Fe, NM	—	842	7,448	9		842	7,457	8,299	(882	)	1978	2010	39
Madison Ave MOB	Albany, NY	1,871	83	2,759	12		83	2,771	2,854	(280	)	1964	2010	39
Patroon Creek HQ	Albany, NY	20,135	1,870	29,453	—		1,870	29,453	31,323	(2,827	)	2001	2010	39



			Initial Cost to Company		Cost Capitalized Subsequent to Acquisition (a)		Gross Amount at Which Carried at Close of Period
		Encumbrances	Land	Buildings, Improvements and Fixtures	Cost Capitalized Subsequent to Acquisition (a)		Land	Buildings, Improvements and Fixtures	Total (c)	Accumulated Depreciation(f)		Date of Construction	Date Acquired	Life on Which Building Depreciation in Income Statement is Computed (h)
Patroon Creek MOB	Albany, NY	22,616	1,439	27,639	124		1,439	27,763	29,202	(2,719	)	2007	2010	39
Washington Ave MOB	Albany, NY & Scottsdale, AZ	—	1,699	18,440	184		1,699	18,624	20,323	(2,075	)	1998 - 2000	2010	39
Putnam MOB	Carmel, NY	18,304	—	24,216	—		—	24,216	24,216	(2,055	)	2000	2010	39
Capital Region Health Park	Latham, NY	—	2,305	37,494	564		2,305	38,058	40,363	(3,900	)	2001	2010	39
St. Francis MAP	Poughkeepsie, NY	—	—	17,810	1,363		—	19,173	19,173	(2,296	)	2006	2010	39
Medical Park of Cary	Cary, NC	—	2,931	19,855	1,041		2,931	20,896	23,827	(2,440	)	1994	2010	39
Raleigh Medical Center	Raleigh, NC	—	1,281	12,530	2,093		1,281	14,623	15,904	(1,728	)	1989	2010	39
Liberty Falls MP	Liberty, OH	—	842	5,640	624		842	6,264	7,106	(1,519	)	2008	2008	39
Lima MOP	Lima, OH	—	700	19,053	978		700	20,031	20,731	(4,253	)	1970 - 2004	2007	39
Market Exchange MOP	Columbus, OH	—	2,326	17,207	2,393		2,326	19,600	21,926	(3,166	)	2001 - 2003	2007 - 2010	39
Park Place MOP	Kettering, OH	—	1,987	11,341	1,212		1,987	12,553	14,540	(3,186	)	1998 - 2002	2007	39
Parma Ridge MOB	Parma, OH	—	372	3,636	595		372	4,231	4,603	(856	)	1977	2008	39
Deaconess MOP	Oklahoma City, OK	—	—	25,975	2,123		—	28,098	28,098	(4,997	)	1991 - 1996	2008	39
Monroeville MOB	Monroeville, PA	—	3,264	7,038	41		3,264	7,079	10,343	(284	)	1985 - 1989	2013	39
2750 Monroe MOB	Norristown, PA	—	2,323	22,631	5,423		2,323	28,054	30,377	(5,292	)	1985	2007	39
Federal North MOB	Pittsburgh, PA	—	2,489	30,268	80		2,489	30,348	32,837	(3,259	)	1999	2010	39
Highmark Penn Ave	Pittsburgh, PA	—	1,774	38,921	141		1,774	39,062	40,836	(2,536	)	1907	2012	39
WP Allegheny HQ MOB	Pittsburgh, PA	—	1,514	32,368	330		1,514	32,698	34,212	(3,068	)	2002	2010	39
Cannon Park Place	Charleston, SC	—	425	8,651	44		425	8,695	9,120	(884	)	1998	2010	39
GHS Memorial	Greenville, SC	4,269	—	8,301	115		—	8,416	8,416	(1,030	)	1992	2009	39
GHS MMC	Greenville, SC	21,859	995	39,158	769		995	39,927	40,922	(4,832	)	1987 - 1998	2009	39
GHS MOBs I	Greenville, SC	—	1,644	9,144	505		1,644	9,649	11,293	(1,300	)	1974 - 1990	2009	39
GHS Patewood MOP	Greenville, SC	34,164	—	64,537	415		—	64,952	64,952	(8,081	)	1983 - 2007	2009	39
GHS Greer MOBs	Greenville, Travelers Res and Greer, SC & Scottsdale, AZ	8,064	1,309	14,639	13		1,309	14,652	15,961	(1,830	)	1992 - 2008	2009	39
Hilton Head Heritage MOP	Hilton Head Island, SC	—	1,125	5,398	3		1,125	5,401	6,526	(757	)	1996	2010	39
Hilton Head Moss Creek MOB	Hilton Head Island, SC	—	209	2,066	—		209	2,066	2,275	(211	)	2010	2010	39
East Cooper Medical Center	Mt. Pleasant, SC	—	2,073	5,939	197		2,073	6,136	8,209	(1,008	)	1992	2010	39
Mary Black MOB	Spartanburg,SC	—	—	12,523	65		—	12,588	12,588	(1,901	)	2006	2009	39
Lenox Office Park	Memphis, TN	11,578	1,670	13,626	(795	)	1,670	12,831	14,501	(2,708	)	2000	2007	39
Mountain Empire MOBs	Rogersville, Kingsport and Bristol, TN & Norton and Pennington Gap, VA	—	1,296	36,523	1,370		1,296	37,893	39,189	(6,953	)	1976 - 2006	2008 - 2011	39
Amarillo Hospital	Amarillo, TX	—	1,110	17,688	6		1,110	17,694	18,804	(2,820	)	2007	2008	39
Senior Care- Meadowview	Arlington, TX	—	350	2,066	15		350	2,081	2,431	(480	)	1993	2008	39
Austin Heart MOB	Austin,TX	4,775	—	15,172	—		—	15,172	15,172	(38	)	1999	2013	39



				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (a)			Gross Amount at Which Carried at Close of Period
		Encumbrances		Land		Buildings, Improvements and Fixtures		Cost Capitalized Subsequent to Acquisition (a)			Land		Buildings, Improvements and Fixtures		Total (c)		Accumulated Depreciation(f)			Date of Construction	Date Acquired	Life on Which Building Depreciation in Income Statement is Computed (h)
Post Oak North MC	Austin,TX	—		887		7,011		—			887		7,011		7,898		(45		)	2007	2013	39
Texas A&M Health Science Center	Bryan, TX	—		—		32,494		—			—		32,494		32,494		(843		)	2011	2013	39
Dallas Rehab Hospital	Carrollton, TX	—		1,919		16,341		—			1,919		16,341		18,260		(1,550		)	2006	2010	39
Cedar Hill MOB	Cedar Hill, TX	—		778		4,830		113			778		4,943		5,721		(972		)	2007	2008	39
Corsicana MOB	Corsicana, TX	—		—		6,781		—			—		6,781		6,781		(1,013		)	2007	2009	39
Dallas LTAC Hospital	Dallas, TX	—		2,301		20,627		—			2,301		20,627		22,928		(2,406		)	2007	2009	39
Forest Park Pavilion	Dallas, TX	—		9,670		11,152		153			9,670		11,305		20,975		(508		)	2010	2012	39
Forest Park Tower	Dallas, TX	—		3,340		35,071		4			3,340		35,075		38,415		(1,032		)	2011	2013	39
Denton Med Rehab Hospital	Denton, TX	—		2,000		11,704		—			2,000		11,704		13,704		(1,610		)	2008	2009	39
Denton MOB	Denton, TX	—		—		7,543		—			—		7,543		7,543		(874		)	2000	2010	39
Forest Park Frisco MC	Frisco, TX	—		1,238		19,979		313			1,238		20,292		21,530		(211		)	2012	2013	39
Senior Care Galveston	Galveston, TX	—		966		7,195		6			966		7,201		8,167		(1,219		)	1993	2008	39
Greenville MOB	Greenville, TX	—		616		10,822		277			616		11,099		11,715		(2,015		)	2007	2008	39
7900 Fannin MOB	Houston, TX	21,898		—		34,764		134			—		34,898		34,898		(3,571		)	2005	2010	39
Cypress Station MOB	Houston, TX	—		1,345		8,312		655			1,345		8,967		10,312		(1,899		)	1981	2008	39
Triumph Hospital NW	Houston, TX	—		1,377		14,531		239			1,377		14,770		16,147		(3,710		)	1986	2007	39
Lone Star Endoscopy MOB	Keller, TX	—		622		3,502		(5		)	622		3,497		4,119		(661		)	2006	2008	39
Lewisville MOB	Lewisville, TX	—		452		3,841		—			452		3,841		4,293		(512		)	2000	2010	39
Pearland MOB	Pearland, TX	—		1,602		7,017		9			1,602		7,026		8,628		(1,114		)	2003 - 2007	2010	39
Senior Care Port Arthur	Port Arthur, TX	—		521		7,368		4			521		7,372		7,893		(1,296		)	1994	2008	39
San Angelo MOB	San Angelo, TX	—		—		3,907		—			—		3,907		3,907		(577		)	2007	2009	39
Mtn Plains Pecan Valley	San Antonio, TX	—		416		13,690		993			416		14,683		15,099		(2,247		)	1998	2008	39
Sugar Land II MOB	Sugar Land, TX	—		—		9,648		154			—		9,802		9,802		(1,654		)	1999	2010	39
Triumph Hospital SW	Sugar Land, TX	—		1,670		14,018		—			1,670		14,018		15,688		(3,542		)	1989	2007	39
Senior Care Texas City	Texas City, TX	—		465		7,744		3			465		7,747		8,212		(1,307		)	1993	2008	39
Baylor MP	Waxahachie, TX	—		865		6,728		289			865		7,017		7,882		(1,315		)	2006	2008	39
Mtn Plains Clear Lake	Webster, TX	—		832		21,168		11			832		21,179		22,011		(3,470		)	2006	2008	39
N. Texas Neurology MOB	Wichita Falls, TX	—		736		5,611		(6		)	736		5,605		6,341		(1,035		)	1957	2008	39
Renaissance MC	Bountiful, UT	18,599		3,701		24,442		210			3,701		24,652		28,353		(3,701		)	2004	2008	39
Aurora - Franklin	Franklin, WI	—		945		15,336		—			945		15,336		16,281		(2,817		)	2003	2009	39
Aurora - Menomenee	Menomonee Falls, WI	—		1,055		14,998		—			1,055		14,998		16,053		(3,123		)	1964	2009	39
Aurora - Mequon	Mequon, WI	9,568		950		19,027		—			950		19,027		19,977		(3,611		)	1992 - 2001	2009	39
Aurora - Milwaukee	Milwaukee, WI	—		350		5,508		—			350		5,508		5,858		(1,125		)	1983	2009	39
Aurora - Richfield	Richfield, WI	—		255		2,818		—			255		2,818		3,073		(707		)	1996	2009	39
Total		403,676		192,530		2,263,032		82,104			197,892		2,339,774		2,537,666		(305,056		)
Assets held for sale		—		5,109		17,961		336			5,109		15,181		20,290		—
Total real estate		$	403,676	$	197,639	$	2,280,993	$	82,440		$	203,001	$	2,354,955	$	2,557,956	$	(305,056	)


(a)	The cost capitalized subsequent to acquisition is net of dispositions.


(b)	The above table excludes lease intangibles, see (d) and (g).


(c)	The changes in total real estate for the years ended December 31, 2013, 2012 and 2011 are as follows (in thousands):



	Year Ended December 31,
	2013			2012			2011
Balance as of the beginning of the year	$	2,227,764		$	1,971,254		$	1,902,586
Acquisitions	308,229			239,403			55,017
Additions	27,787			18,761			19,157
Dispositions	(2,707		)	(1,654		)	(5,506		)
Reclassification of accumulated depreciation for assets held for sale	(3,117		)	—			—
Balance as of the end of the year (d)	$	2,557,956		$	2,227,764		$	1,971,254


(d)	The balances as of December 31, 2013, 2012 and 2011 exclude gross lease intangibles of $410.2 million, $352.9 million and $320.4 million, respectively.


(e)	The aggregate cost of our real estate for federal income tax purposes was $3.1 billion.


(f)	The changes in accumulated depreciation for the years ended December 31, 2013, 2012 and 2011 are as follows (in thousands):



	Year Ended December 31,
	2013			2012			2011
Balance as of the beginning of the year	$	235,157		$	164,783		$	105,123
Additions	75,656			72,028			65,158
Dispositions	(2,640		)	(1,654		)	(5,498		)
Reclassification of accumulated depreciation for assets held for sale	(3,117		)	—			—
Balance as of the end of the year (g)	$	305,056		$	235,157		$	164,783


(g)	The balances as of December 31, 2013, 2012 and 2011 exclude accumulated amortization of lease intangibles of $136.1 million, $114.0 million and $88.6 million, respectively.


(h)	Tenant improvements are depreciated over the shorter of the lease term or useful life, ranging from one month to 240 months, respectively. Furniture, fixtures and equipment are depreciated over five years.