XML 61 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
 US
 
 
 
 
 
 
 
 
 
 
 
 
Albertville, AL
1

$
—

$
1,251

$
12,385

$
760

$
1,281

$
13,116

$
14,397

$
(5,368
)
1993
2008
5 - 40 years
Allentown, PA
2

—

5,780

47,807

7,326

6,513

54,400

60,913

(22,527
)
1976
2008
5 - 40 years
Amarillo, TX
1

—

871

4,473

684

932

5,097

6,029

(2,394
)
1973
2008
5 - 40 years
Anaheim, CA
1

—

9,509

16,810

806

9,509

17,616

27,125

(7,593
)
1965
2009
5 - 40 years
Appleton, WI
1

—

200

5,022

10,748

909

15,061

15,970

(3,889
)
1989
2009
5 - 40 years
Atlanta - Lakewood, GA
1

—

4,297

3,369

(1,785
)
630

5,250

5,880

(1,951
)
1963
2008
5 - 40 years
Atlanta - Skygate, GA
1

—

1,851

12,731

455

1,958

13,080

15,038

(3,996
)
2001
2008
5 - 40 years
Atlanta - Southgate, GA
1

—

1,623

17,652

1,601

2,273

18,604

20,877

(6,220
)
1996
2008
5 - 40 years
Atlanta - Tradewater, GA
1

—

—

36,966

(4,852
)
6,070

26,044

32,114

(4,715
)
2004
2008
5 - 40 years
Atlanta - Westgate, GA
1

—

2,270

24,659

(2,438
)
2,025

22,466

24,491

(9,521
)
1990
2008
5 - 40 years
Atlanta, GA - Corporate
—

—

—

365

10,840

—

11,206

11,206

(3,678
)
1999/2014
2008
5 - 40 years
Augusta, GA
1

—

2,678

1,943

943

2,820

2,744

5,564

(1,460
)
1971
2008
5 - 40 years
Babcock, WI
1

—

852

8,916

104

895

8,977

9,872

(2,711
)
1999
2008
5 - 40 years
Bartow, FL
1

—

—

2,451

600

10

3,041

3,051

(2,270
)
1962
2008
5 - 40 years
Belvidere-Imron, IL
1

—

2,000

11,989

3,422

2,410

15,001

17,411

(5,717
)
1991
2009
5 - 40 years
Belvidere-Landmark, IL (Cross Dock)
1

—

1

2,117

1,924

—

4,042

4,042

(3,990
)
1991
2009
5 - 40 years
Birmingham, AL
1

986

1,002

957

2,016

1,269

2,707

3,976

(731
)
1963
2008
5 - 40 years
Boston, MA
1

—

1,855

5,796

672

1,918

6,406

8,324

(2,461
)
1969
2008
5 - 40 years
Brea, CA
1

—

4,645

5,891

680

4,664

6,552

11,216

(2,574
)
1975
2009
5 - 40 years
Brooklyn Park, MN
1

—

1,600

8,951

1,361

1,600

10,312

11,912

(4,044
)
1986
2009
5 - 40 years
Burley, ID
2

—

—

16,136

3,635

34

19,738

19,772

(12,931
)
1959
2008
5 - 40 years
Burlington, WA
3

14,382

694

6,108

3,016

709

9,108

9,817

(4,383
)
1965
2008
5 - 40 years
Carson, CA
1

—

9,100

13,731

1,007

9,104

14,734

23,838

(4,362
)
2002
2009
5 - 40 years
Cartersville, GA
1

—

1,500

8,505

526

1,571

8,960

10,531

(3,231
)
1996
2009
5 - 40 years
Carthage Quarry, MO
—

—

12,621

356

186

12,697

467

13,164

(2,941
)
N/A
2008
5 - 40 years
Carthage Warehouse Dist, MO
1

—

61,445

33,880

5,752

62,356

38,721

101,077

(19,957
)
1972
2008
5 - 40 years
City of Industry, CA
2

—

—

1,455

1,567

101

2,921

3,022

(2,029
)
1962
2009
5 - 40 years
Clearfield, UT
1

—

2,881

14,945

4,694

2,164

20,356

22,520

(7,946
)
1973
2008
5 - 40 years
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
Clearfield 2, UT
1

—
806

21,569

1,222

1,124

22,473

23,597

(993
)
2017
2017
5 - 40 years
Columbia, SC
1

—
768

1,429

781

860

2,118

2,978

(1,033
)
1971
2008
5 - 40 years
Connell, WA
1

—
497

8,728

1,128

508

9,845

10,353

(3,829
)
1969
2008
5 - 40 years
Dallas, TX
1

—
1,468

14,385

13,182

2,929

26,106

29,035

(6,348
)
1994
2009
5 - 40 years
Delhi, LA
1

16,238

539

12,228

490

580

12,676

13,256

(5,860
)
2010
2010
5 - 40 years
Denver-50th Street, CO
1

—

—

1,724

521

—

2,244

2,244

(2,028
)
1974
2008
5 - 40 years
Dominguez Hills, CA
1

—

11,149

10,894

1,144

11,149

12,039

23,188

(4,452
)
1989
2009
5 - 40 years
Douglas, GA
1

—

400

2,080

1,498

401

3,577

3,978

(1,147
)
1969
2009
5 - 40 years
East Dubuque, IL
1

—

722

13,764

610

753

14,343

15,096

(4,392
)
1993
2008
5 - 40 years
East Point, GA
1

—

1,884

3,621

2,467

2,020

5,952

7,972

(1,503
)
1959
2016
5 - 40 years
Fort Dodge, IA
1

—

1,022

7,162

1,102

1,226

8,060

9,286

(3,197
)
1979
2008
5 - 40 years
Fort Smith, AR
2

—

308

2,231

1,926

342

4,124

4,466

(1,232
)
1958
2008
5 - 40 years
Fort Worth-Blue Mound, TX
1

—

1,700

5,055

1,369

1,700

6,424

8,124

(1,667
)
1995
2009
5 - 40 years
Fort Worth-Samuels, TX
2

—

1,985

13,447

2,833

2,109

16,155

18,264

(6,100
)
1977
2009
5 - 40 years
Fremont, NE
1

27,604

629

3,109

5,466

645

8,560

9,205

(4,073
)
1968
2008
5 - 40 years
Ft. Worth, TX (Meacham)
1

—

5,610

24,686

2,954

5,842

27,408

33,250

(9,816
)
2005
2008
5 - 40 years
Ft. Worth, TX (Railhead)
1

—

1,857

8,536

562

1,955

9,000

10,955

(3,564
)
1998
2008
5 - 40 years
Gadsden, AL
1

23,921

100

9,820

(870
)
351

8,698

9,049

(2,353
)
1991
2013
5 - 40 years
Gaffney, SC
1

—

1,000

3,263

132

1,000

3,395

4,395

(1,197
)
1995
2008
5 - 40 years
Gainesville, GA
1

—

400

5,704

774

411

6,467

6,878

(2,225
)
1989
2009
5 - 40 years
Garden City, KS
1

—

446

4,721

1,070

446

5,791

6,237

(2,116
)
1980
2008
5 - 40 years
Gateway, GA
2

—

3,271

19,693

2,332

3,197

22,099

25,296

(7,974
)
1972
2008
5 - 40 years
Geneva Lakes, WI
1

—

1,579

36,020

2,408

2,265

37,742

40,007

(11,200
)
1991
2009
5 - 40 years
Gloucester - Rogers, MA
1

—

1,683

3,675

2,892

1,818

6,432

8,250

(1,784
)
1967
2008
5 - 40 years
Gloucester - Rowe, MA
1

—

1,146

2,833

6,648

1,272

9,355

10,627

(2,846
)
1955
2008
5 - 40 years
Gouldsboro, PA
1

—

4,224

29,473

2,426

4,821

31,302

36,123

(8,514
)
2006
2009
5 - 40 years
Grand Island, NE
1

—

430

6,542

(2,400
)
479

4,093

4,572

(1,848
)
1995
2008
5 - 40 years
Green Bay, WI
2

—

—

2,028

2,689

69

4,648

4,717

(2,239
)
1935
2009
5 - 40 years
Greenville, SC
1

—

200

1,108

423

200

1,531

1,731

(1,234
)
1962
2009
5 - 40 years
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
Hatfield, PA
2

—

5,002

28,286

9,282

5,775

36,796

42,571

(11,914
)
1983
2009
5 - 40 years
Henderson, NV
2

—

9,043

14,415

1,060

9,043

15,475

24,518

(4,736
)
1988
2009
5 - 40 years
Hermiston, OR
1

33,606

1,322

7,107

310

1,334

7,405

8,739

(2,844
)
1975
2008
5 - 40 years
Heyburn, ID
1

—

—

59

236

—

295

295

(168
)
2014
2014
5 - 40 years
Houston, TX
1

—

1,454

10,084

1,083

1,490

11,131

12,621

(3,356
)
1990
2009
5 - 40 years
Indianapolis, IN
4

—

1,897

18,991

19,166

3,395

36,657

40,052

(11,862
)
1975
2008
5 - 40 years
Jefferson, WI
2

—

1,553

19,805

1,209

1,880

20,688

22,568

(7,872
)
1975
2009
5 - 40 years
Lancaster, PA
1

—

2,203

15,670

724

2,371

16,226

18,597

(4,826
)
1993
2009
5 - 40 years
LaPorte, TX
1

—

2,945

19,263

2,618

3,236

21,591

24,827

(6,796
)
1990
2009
5 - 40 years
Leesport, PA
1

—

1,206

14,112

11,541

1,675

25,183

26,858

(6,652
)
1993
2008
5 - 40 years
Lynden, WA
5

—

1,420

8,590

830

1,430

9,410

10,840

(3,506
)
1946
2009
5 - 40 years
Marshall, MO
1

10,786

741

10,304

383

826

10,603

11,429

(3,951
)
1985
2008
5 - 40 years
Massillon 17th, OH
1

—

175

15,322

443

414

15,526

15,940

(5,350
)
2000
2008
5 - 40 years
Massillon Erie, OH
1

—

—

1,988

516

—

2,504

2,504

(2,439
)
1984
2008
5 - 40 years
Memphis Chelsea , TN
—

—

80

2

(82
)
—

1

1

(1
)
1972
2008
5 - 40 years
Middleboro, MA
1

—

404

15,031

—

404

15,031

15,435

(127
)
2018
2018
5 - 40 years
Milwaukie, OR
2

—

2,473

8,112

1,360

2,483

9,462

11,945

(5,361
)
1958
2008
5 - 40 years
Mobile, AL
1

—

10

3,203

680

10

3,883

3,893

(1,317
)
1976
2009
5 - 40 years
Modesto, CA
6

—

2,428

19,594

4,367

2,915

23,474

26,389

(9,566
)
1945
2009
5 - 40 years
Montezuma,GA
1

—

93

5,437

274

123

5,681

5,804

(2,396
)
1965
2008
5 - 40 years
Montgomery, AL
1

6,843

850

7,746

(523
)
1,157

6,916

8,073

(2,041
)
1989
2013
5 - 40 years
Moses Lake, WA
1

31,054

575

11,046

2,421

1,093

12,949

14,042

(4,867
)
1967
2008
5 - 40 years
Murfreesboro, TN
1

—

1,094

10,936

3,501

1,332

14,198

15,530

(6,126
)
1982
2008
5 - 40 years
Nampa, ID
4

—

1,588

11,864

1,876

1,719

13,609

15,328

(6,999
)
1946
2008
5 - 40 years
New Ulm, MN
7

—

725

10,405

701

822

11,009

11,831

(3,703
)
1984
2009
5 - 40 years
Oklahoma City, OK
1

—

742

2,411

1,140

742

3,551

4,293

(1,578
)
1968
2008
5 - 40 years
Ontario, CA
3

—

14,673

3,632

23,583

14,673

27,215

41,888

(11,061
)
1987(1)/1984(2)/1983(3)
2008
5 - 40 years
Ontario, OR
4

—

—

13,791

9,075

1,264

21,602

22,866

(12,076
)
1962
2008
5 - 40 years
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
Pasco, WA
1

—

557

15,809

395

579

16,183

16,762

(4,883
)
1984
2008
5 - 40 years
Pendergrass, GA
1

—

500

12,810

2,375

580

15,105

15,685

(5,496
)
1993
2009
5 - 40 years
Phoenix2, AZ
1

—

3,182

11,312

11

3,182

11,324

14,506

(1,865
)
2014
2014
5 - 40 years
Piedmont, SC
1

—

500

9,883

1,359

506

11,236

11,742

(4,163
)
1981
2009
5 - 40 years
Plover, WI
1

35,085

1,390

18,298

4,934

1,947

22,675

24,622

(9,108
)
1981
2008
5 - 40 years
Portland, ME
1

—

305

2,402

407

316

2,798

3,114

(945
)
1952
2008
5 - 40 years
Rochelle, IL (Americold Drive)
1

—

1,860

18,178

1,817

2,174

19,682

21,856

(8,117
)
1995
2008
5 - 40 years
Rochelle, IL (Caron)
1

—

2,071

36,658

629

2,165

37,193

39,358

(13,748
)
2004
2008
5 - 40 years
Russellville, AR - Elmira
1

—

1,261

9,910

2,433

1,359

12,244

13,603

(5,618
)
1986
2008
5 - 40 years
Russellville, AR - Valley
1

—

708

15,832

2,385

708

18,217

18,925

(5,221
)
1995
2008
5 - 40 years
Salem, OR
4

40,275

3,055

21,096

2,931

3,111

23,970

27,081

(10,657
)
1963
2008
5 - 40 years
Salinas, CA
5

—

7,244

7,181

9,094

8,098

15,421

23,519

(5,522
)
1958
2009
5 - 40 years
Salt Lake City, UT
1

—

—

22,481

3,749

—

26,230

26,230

(12,589
)
1998
2010
5 - 40 years
San Antonio - HEB, TX
1

—

2,014

22,902

—

2,014

22,902

24,916

(2,239
)
1982
2017
5 - 40 years
San Antonio, TX
3

—

1,894

11,101

2,410

1,986

13,419

15,405

(6,978
)
1913
2009
5 - 40 years
Sebree, KY
1

—

638

7,895

629

638

8,523

9,161

(2,493
)
1998
2008
5 - 40 years
Sikeston, MO
1

—

258

11,936

675

631

12,238

12,869

(3,894
)
1998
2009
5 - 40 years
Sioux Falls, SD
1

—

856

4,780

3,338

1,009

7,965

8,974

(4,033
)
1972
2008
5 - 40 years
Springdale, AR
1

8,032

844

10,754

1,201

871

11,928

12,799

(4,504
)
1982
2008
5 - 40 years
St. Louis, MO
2

—

2,082

7,566

1,913

2,194

9,367

11,561

(2,754
)
1956
2009
5 - 40 years
St. Paul, MN
2

—

1,800

12,129

541

1,800

12,670

14,470

(4,726
)
1970
2009
5 - 40 years
Strasburg, VA
1

—

1,551

15,038

1,302

1,592

16,299

17,891

(5,134
)
1999
2008
5 - 40 years
Syracuse, NY
2

—

2,177

20,056

5,197

2,408

25,023

27,431

(8,846
)
1960
2008
5 - 40 years
Tacoma, WA
1

—

—

21,216

2,064

27

23,253

23,280

(6,738
)
2010
2010
5 - 40 years
Tampa Plant City, FL
2

—

1,333

11,836

666

1,380

12,455

13,835

(3,940
)
1987
2009
5 - 40 years
Tarboro, NC
1

17,948

1,078

9,586

817

1,225

10,255

11,480

(3,462
)
1988
2008
5 - 40 years
Taunton, MA
1

—

1,477

14,159

851

1,651

14,836

16,487

(4,457
)
1999
2009
5 - 40 years
Texarkana, AR
1

3,712

842

11,169

1,397

921

12,487

13,408

(3,654
)
1992
2008
5 - 40 years
Tomah, WI
1

19,485

886

10,715

402

923

11,080

12,003

(4,236
)
1989
2008
5 - 40 years
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
Turlock, CA (#1)
2

—

944

4,056

290

967

4,323

5,290

(1,829
)
1,995
2,008
5 - 40 years
Turlock, CA (#2)
1

—

3,091

7,004

1,450

3,116

8,428

11,544

(3,172
)
1985
2008
5 - 40 years
Vernon 2, CA
1

—

8,100

13,490

3,145

8,112

16,622

24,734

(6,580
)
1965
2009
5 - 40 years
Victorville, CA
1

—

2,810

22,811

1,075

2,810

23,886

26,696

(7,734
)
2004
2008
5 - 40 years
Walla Walla, WA
2

—

215

4,693

640

159

5,390

5,549

(2,976
)
1960
2008
5 - 40 years
Wallula, WA
1

—

690

2,645

709

711

3,333

4,044

(1,107
)
1982
2008
5 - 40 years
Watsonville, CA
1

—

—

8,138

384

21

8,501

8,522

(6,914
)
1984
2008
5 - 40 years
West Memphis, AR
1

—

1,460

12,300

2,637

2,284

14,113

16,397

(5,350
)
1985
2008
5 - 40 years
Wichita, KS
1

—

1,297

4,717

1,289

1,432

5,871

7,303

(2,557
)
1972
2008
5 - 40 years
Woodburn, OR
1

—

1,552

9,860

2,399

1,552

12,259

13,811

(4,126
)
1952
2008
5 - 40 years
York, PA
1

—

3,838

36,621

1,950

4,063

38,345

42,408

(13,461
)
1994
2008
5 - 40 years
York-Willow Springs, PA
1

—

1,300

7,351

359

1,315

7,695

9,010

(2,928
)
1987
2009
5 - 40 years
Zumbrota, MN
3

—

800

10,360

1,349

800

11,709

12,509

(3,514
)
1996
2009
5 - 40 years
Canada

















 
 
 
Cold Logic/Taber
—

—

—

12

3,375

88

3,300

3,388

(1,521
)
1999
2009
5 - 40 years
Australia

















 
 
 
Arndell Park
—

—

13,489

29,428

(1,265
)
11,810

29,842

41,652

(8,768
)
1989/1994
2009
5 - 40 years
BRIS CORPORATE-Acacia Ridge
1

—

—

—

280

—

280

280

(280
)
 
2009
5 - 40 years
Laverton
2

—

13,689

28,252

5,700

11,985

35,656

47,641

(10,058
)
1997/1998
2009
5 - 40 years
Murarrie
3

—

10,891

18,975

(3,530
)
9,536

16,800

26,336

(5,377
)
1972/2003
2009
5 - 40 years
Prospect/ASC Corporate
2

—

—

1,187

19,212

7,492

12,907

20,399

(3,156
)
1985
2009
5 - 40 years
Spearwood
1

—

7,194

10,990

(1,493
)
6,299

10,392

16,691

(3,732
)
1978
2009
5 - 40 years
New Zealand

















 
 
 
Dalgety
1

—

6,047

5,531

749

6,269

6,058

12,327

(1,779
)
1988
2009
5 - 40 years
Diversey
1

—

2,357

5,966

734

2,444

6,614

9,058

(1,961
)
1988
2009
5 - 40 years
Halwyn Dr
1

—

5,227

3,399

757

5,419

3,964

9,383

(1,419
)
1992
2009
5 - 40 years
Mako Mako
1

—

1,332

3,810

237

1,381

3,998

5,379

(1,117
)
2000
2009
5 - 40 years
Manutapu/Barber Akld
1

—

—

343

532

—

875

875

(550
)
2004
2009
5 - 40 years
Paisley
3

—

—

185

1,528

—

1,713

1,713

(1,033
)
1984
2009
5 - 40 years
Smarts Rd
1

—

—

247

965

—

1,212

1,212

(641
)
1984
2009
5 - 40 years
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
Argentina

 
 
 
 
 
 
 


 
 
 
 
Mercado Central - Buenos Aires, ARG
1

—

—

4,984

(3,158
)
—

1,826

1,826

(240
)
1996/1999
2009
5 - 40 years
Pilar - Buenos Aires, ARG
1

—

706

2,586

(1,985
)
669

631

1,300

(172
)
2000
2009
5 - 40 years
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
289,957

360,437

1,577,729

308,039

385,229

1,860,976

2,246,205

(669,917
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land, buildings, and improvements in the assets under construction balance as of December 31, 2018.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US
 
 
 
 
 
 
 
 
 
 
 
 
Albertville, AL
 
—

—

—

—

—

16

16

 
 
 
 
Allentown, PA
 
—

—

—

—

—

31

31

 
 
 
 
Atlanta - Skygate, GA
 
—

—

—

—

—

50

50

 
 
 
 
Atlanta - Southgate, GA
 
—

—

—

—

—

15

15

 
 
 
 
Atlanta - Tradewater, GA
 
—

—

—

—

—

5

5

 
 
 
 
Atlanta - Westgate, GA
 
—

—

—

—

—

25

25

 
 
 
 
Atlanta, GA - Corporate
 
—

—

—

—

—

569

569

 
 
 
 
Boston, MA
 
—

—

—

—

—

58

58

 
 
 
 
Brooklyn Park, MN
 
—

—

—

—

—

113

113

 
 
 
 
Cartersville, GA
 
—

—

—

—

—

32

32

 
 
 
 
City of Industry, CA
 
—

—

—

—

—

123

123

 
 
 
 
East Point, GA
 
—

—

—

—

—

11

11

 
 
 
 
Fort Worth-Blue Mound, TX
 
—

—

—

—

—

12

12

 
 
 
 
Ft. Worth, TX (Meacham)
 
—

—

—

—

—

241

241

 
 
 
 
Gateway, GA
 
—

—

—

—

—

87

87

 
 
 
 
Gloucester - Rogers, MA
 
—

—

—

—

—

54

54

 
 
 
 
Gouldsboro, PA
 
—

—

—

—

—

4

4

 
 
 
 
Green Bay, WI
 
—

—

—

—

—

127

127

 
 
 
 
Hatfield, PA
 
—

—

—

—

—

—

—

 
 
 
 
Henderson, NV
 
—

—

—

—

—

40

40

 
 
 
 
Indianapolis, IN
 
—

—

—

—

—

612

612

 
 
 
 
Middleboro, MA
 
—

—

—

—

—

85

85

 
 
 
 
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
Milwaukie, OR
 
—

—

—

—

—

183

183

 
 
 
 
Modesto, CA
 
—

—

—

—

—

64

64

 
 
 
 
Moses Lake, WA
 
—

—

—

—

—

11

11

 
 
 
 
Murfreesboro, TN
 
—

—

—

—

—

17

17

 
 
 
 
Nampa, ID
 
—

—

—

—

—

54

54

 
 
 
 
Ontario, CA
 
—

—

—

—

—

231

231

 
 
 
 
Pasco, WA
 
—

—

—

—

—

10

10

 
 
 
 
Rochelle, IL (Americold Drive)
 
—

—

—

—

—

73,432

73,432

 
 
 
 
Salinas, CA
 
—

—

—

—

—

354

354

 
 
 
 
Sikeston, MO
 
—

—

—

—

—

2,238

2,238

 
 
 
 
Strasburg, VA
 
—

—

—

—

—

16

16

 
 
 
 
Syracuse, NY
 
—

—

—

—

—

138

138

 
 
 
 
Tacoma, WA
 
—

—

—

—

—

272

272

 
 
 
 
Tampa Plant City, FL
 
—

—

—

—

—

3

3

 
 
 
 
Vernon 2, CA
 
—

—

—

—

—

10

10

 
 
 
 
York, PA
 
—

—

—

—

—

7

7

 
 
 
 
Australia
 
 
 
 
 
 
 


 
 
 
 
Arndell Park
 
—

—

—

—

—

706

706

 
 
 
 
Laverton
 
—

—

—

—

—

92

92

 
 
 
 
Murarrie
 
—

—

—

—

—

90

90

 
 
 
 
Prospect
 
—

—

—

—

—

87

87

 
 
 
 
Spearwood
 
—

—

—

—

—

157

157

 
 
 
 
Sydney RT
 
—

—

—

—

—

24

24

 
 
 
 
Brisbane RT
 
—

—

—

—

—

350

350

 
 
 
 
New Zealand
 
 
 
 
 
 
 


 
 
 
 
Dalgety
 
—

—

—

—

—

117

117

 
 
 
 
Diversey
 
—

—

—

—

—

85

85

 
 
 
 
Halwyn Dr
 
—

—

—

—

—

46

46

 
 
 
 
Mako Mako
 
—

—

—

—

—

41

41

 
 
 
 
Manutapu
 
—

—

—

—

—

36

36

 
 
 
 
Paisley
 
—

—

—

—

—

20

20

 
 
 
 
Smarts Rd
 
—

—

—

—

—

24

24

 
 
 
 
 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2018
 
 
 
 
 Property
 Buildings
 Encumbrances
(3)
 Land
 Buildings and Improvements
 Costs Capitalized Subsequent to Acquisition
 Land
 Buildings and Improvements (2)
 Total
(4) (5)
 Accumulated Depreciation and Depletion (1) (6)
Date of Construction
Date of Acquisition
 Life on Which Depreciation is Computed
 
 
 
 
 
 
 
 
 
 
 
 
 
Total in assets under construction
 
—

—

—

—

—

81,225

81,225

—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
289,957

$
360,437

$
1,577,729

$
308,039

$
385,229

$
1,942,201

$
2,327,430

$
(669,917
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule III – Footnotes

(1) Reconciliation of total accumulated depreciation and depletion to consolidated balance sheet caption as of December 31, 2018:
Total per Schedule III
 
 
 
 
$
(669,917
)
Accumulated depreciation on investments in non-real estate assets
 
 
(449,024
)
Total accumulated depreciation and depletion per consolidated balance sheet (property, plant and equipment and capital leases)
 
$
(1,118,941
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(2) Reconciliation of total Buildings and Improvements to consolidated balance sheet as of December 31, 2018:
Building and improvements per consolidated balance sheet
 
 
 
 
$
1,849,749

Building and improvements capital leases per consolidated balance sheet
 
 
$
11,227

Assets under construction per consolidated balance sheet
 
 
 
 
$
85,983

Less: personal property assets under construction
 
 
 
 
 
$
(4,758
)
Total per Schedule III
 
 
 
 
 
$
1,942,201

 
 
 
 
 
 
 
(3) Reconciliation of total mortgage notes and term loans to consolidated balance sheet caption as of December 31, 2018:
Total per Schedule III
 
 
 
 
 
$
289,957

Unsecured
 
 
 
 
1,075,000

Deferred financing and discount, net of amortization
 
 
 
(13,943
)
Total mortgage notes and term loans per consolidated balance sheet
 
 
 
 
$
1,351,014

 
 
 
 
 
 
 
(4) The aggregate cost for Federal tax purposes at December 31, 2018 of our real estate assets was approximately $2.1 billion.
 
 
 
 
 
 
 

(5) The following table summarizes the Company’s real estate activity and accumulated depreciation for the years ended December 31:
 
 
2018
 
2017
 
2016
Real Estate Facilities, at Cost:
 
 
 
 
 
 
Beginning Balance
$
2,506,656

 
$
2,382,343

 
$
2,379,980

 
Capital expenditures
50,680

 
52,555

 
46,761

 
Acquisitions
—

 
27,958

 
8,922

 
Newly developed warehouse facilities
62,353

 
60,598

 
—

 
Disposition
(30,199
)
 
(20,780
)
 
(36,628
)
 
Impairment
(747
)
 
(9,473
)
 
(9,820
)
 
Conversion of leased assets to owned
8,405

 
—

 
(5,331
)
 
Impact of foreign exchange rate changes
(21,781
)
 
13,455

 
(1,541
)
 
Ending Balance
2,575,367

 
2,506,656

 
2,382,343

 
 
 
 
 
 
 
Accumulated Depreciation:
 
 
 
 
 
 
Beginning Balance
(770,006
)
 
(692,390
)
 
(629,404
)
 
Depreciation expense
(87,355
)
 
(86,169
)
 
(85,296
)
 
Dispositions
24,672

 
11,143

 
21,885

 
Impact of foreign exchange rate changes
4,797

 
(2,590
)
 
425

 
Ending Balance
(827,892
)
 
(770,006
)
 
(692,390
)
 
 
 
 
 
 
 
Total Real Estate Facilities, Net at December 31
$
1,747,475

 
$
1,736,650

 
$
1,689,953


The total real estate facilities amounts in the table above include $80.3 million, $90.5 million, and $91.6 million of assets under sale-leaseback agreements accounted for as a financing as of December 31, 2018, 2017 and 2016, respectively. The Company does not hold title in these assets under sale-leaseback agreements. During the second quarter of 2018, the Company sold a facility resulting in an $8.4 million gain on sale of real estate. In preparation of the warehouse disposal, the Company transferred most of its customers inventory to other owned warehouses within the same region. During the fourth quarter of 2018, the Company disposed of an idle facility, previously classified as held for sale, for a $0.9 million loss on sale of real estate, and purchased a portion of a facility that was previously operated under a lease agreement with a purchase price of $13.8 million. As of December 31, 2018, the Company has no facilities classified as held for sale. During the year ending December 31, 2017, the Company acquired a new facility for a total cost of $31.9 million, which included $3.9 million of intangible assets associated with an in-place lease and an above-market lease. In addition, the Company disposed of two idle and one operational facilities with a net book value of $9.2 million for an aggregate amount of $9.2 million. As of December 31, 2017, the Company held for sale an idle facility of the Warehouse segment with a carrying amount of $2.6 million, which is included in "Property, plant, and equipment – net" in the accompanying consolidated balance sheet.
(6) Reconciliation of the Company’s real estate activity and accumulated depreciation and depletion for the years ended December 31, 2018 to Schedule III:
Total real estate facilities gross amount per Schedule III
 
 
 
 
$
2,327,430

Plus: Refrigeration equipment
 
 
 
 
261,103

Less: Quarry assets
 
 
 
 
(13,166
)
Real estate facilities, at cost - ending balance
 
 
 
 
$
2,575,367

 
 
 
 
 
 
Accumulated depreciation and depletion per Schedule III
 
 
 
 
$
(669,917
)
Plus: Refrigeration equipment
 
 
 
 
(160,916
)
Less: Quarry assets
 
 
 
 
2,941

Accumulated depreciation and depletion - ending balance
 
 
 
 
$
(827,892
)