XML 74 R39.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2019
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, 2019
 
 
 
 
 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

$
1,080

$
1,298

$
13,418

$
14,716

$
(5,794
)
1993
2008
5 - 40 years
Allentown, PA
2

—

5,780

47,807

7,583

6,513

54,657

61,170

(24,289
)
1976
2008
5 - 40 years
Amarillo, TX
1

—

871

4,473

872

932

5,284

6,216

(2,576
)
1973
2008
5 - 40 years
Anaheim, CA
1

—

9,509

16,810

918

9,509

17,728

27,237

(8,375
)
1965
2009
5 - 40 years
Appleton, WI
1

—

200

5,022

10,809

916

15,115

16,031

(4,445
)
1989
2009
5 - 40 years
Atlanta - Lakewood, GA
1

—

4,297

3,369

(1,539
)
639

5,488

6,127

(2,165
)
1963
2008
5 - 40 years
Atlanta - Skygate, GA
1

—

1,851

12,731

746

2,019

13,309

15,328

(4,387
)
2001
2008
5 - 40 years
Atlanta - Southgate, GA
1

—

1,623

17,652

2,052

2,286

19,041

21,327

(6,769
)
1996
2008
5 - 40 years
Atlanta - Tradewater, GA
1

—

—

36,966

(4,140
)
6,106

26,720

32,826

(6,054
)
2004
2008
5 - 40 years
Atlanta - Westgate, GA
1

—

2,270

24,659

(1,535
)
2,025

23,369

25,394

(10,278
)
1990
2008
5 - 40 years
Atlanta, GA - Corporate
—

—

—

365

14,333

—

14,698

14,698

(4,617
)
1999/2014
2008
5 - 40 years
Augusta, GA
1

—

2,678

1,943

1,062

2,838

2,845

5,683

(1,616
)
1971
2008
5 - 40 years
Babcock, WI
1

—

852

8,916

141

895

9,014

9,909

(2,941
)
1999
2008
5 - 40 years
Bartow, FL
1

—

—

2,451

641

10

3,082

3,092

(2,417
)
1962
2008
5 - 40 years
Belvidere-Imron, IL
1

—

2,000

11,989

3,676

2,410

15,255

17,665

(6,245
)
1991
2009
5 - 40 years
Belvidere-Landmark, IL (Cross Dock)
1

—

1

2,117

1,941

—

4,059

4,059

(4,001
)
1991
2009
5 - 40 years
Benson, NC (1)
1

—

3,660

35,825

—

3,660

35,825

39,485

(857
)
1997
2019
5 - 40 years
Birmingham, AL
1

964

1,002

957

2,033

1,269

2,723

3,992

(892
)
1963
2008
5 - 40 years
Boston, MA
1

—

1,855

5,796

1,536

1,917

7,270

9,187

(2,595
)
1969
2008
5 - 40 years
Brea, CA
1

—

4,645

5,891

769

4,664

6,641

11,305

(2,778
)
1975
2009
5 - 40 years
Brooklyn Park, MN
1

—

1,600

8,951

1,666

1,600

10,617

12,217

(4,406
)
1986
2009
5 - 40 years
Burley, ID
2

—

—

16,136

3,729

52

19,813

19,865

(13,720
)
1959
2008
5 - 40 years
Burlington, WA
3

14,059

694

6,108

2,442

708

8,536

9,244

(4,063
)
1965
2008
5 - 40 years
Carson, CA
1

—

9,100

13,731

1,100

9,116

14,815

23,931

(4,853
)
2002
2009
5 - 40 years
Cartersville, GA
1

—

1,500

8,505

532

1,571

8,966

10,537

(3,594
)
1996
2009
5 - 40 years
Carthage Quarry, MO
—

—

12,621

356

187

12,697

467

13,164

(3,088
)
N/A
2008
5 - 40 years
Carthage Warehouse Dist, MO
1

—

61,445

33,880

6,109

62,356

39,078

101,434

(21,143
)
1972
2008
5 - 40 years
Chambersburg, PA (4)
1

—

1,368

15,868

—

1,368

15,868

17,236

(60
)
1994
2019
5 - 40 years

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Cherokee, IA (1)
1

—

580

8,343

3

580

8,346

8,926

(223
)
1965
2019
5 - 40 years
Chesapeake, VA (1)
1

—

2,740

13,452

17,932

2,757

31,367

34,124

(388
)
1991
2019
5 - 40 years
Chillicothe, MO (1)
1

—

670

44,905

26

670

44,931

45,601

(976
)
1999
2019
5 - 40 years
City of Industry, CA
2

—

—

1,455

1,746

137

3,064

3,201

(2,357
)
1962
2009
5 - 40 years
Clearfield, UT
1

—

2,881

14,945

4,801

2,176

20,451

22,627

(8,590
)
1973
2008
5 - 40 years
Clearfield 2, UT
1

—

806

21,569

1,352

1,124

22,603

23,727

(1,863
)
2017
2017
5 - 40 years
Columbia, SC
1

—

768

1,429

1,069

860

2,406

3,266

(1,131
)
1971
2008
5 - 40 years
Columbus, OH (1)
1

—

2,440

38,939

5,497

2,775

44,101

46,876

(739
)
1996
2019
5 - 40 years
Connell, WA
1

—

497

8,728

1,156

508

9,873

10,381

(4,178
)
1969
2008
5 - 40 years
Dallas, TX
1

—

1,468

14,385

13,246

2,929

26,170

29,099

(7,364
)
1994
2009
5 - 40 years
Delhi, LA
1

15,873

539

12,228

502

580

12,689

13,269

(6,585
)
2010
2010
5 - 40 years
Denver-50th Street, CO
1

—

—

1,724

543

—

2,267

2,267

(2,061
)
1974
2008
5 - 40 years
Dominguez Hills, CA
1

—

11,149

10,894

1,173

11,162

12,054

23,216

(4,900
)
1989
2009
5 - 40 years
Douglas, GA
1

—

400

2,080

1,780

401

3,859

4,260

(1,330
)
1969
2009
5 - 40 years
Eagan, MN (1)
1

—

6,050

49,441

44

6,050

49,485

55,535

(1,083
)
1964
2019
5 - 40 years
East Dubuque, IL
1

—

722

13,764

620

753

14,353

15,106

(4,765
)
1993
2008
5 - 40 years
East Point, GA
1

—

1,884

3,621

3,537

2,020

7,022

9,042

(2,204
)
1959
2016
5 - 40 years
Fairfield, OH (1)
1

—

1,880

20,849

—

1,880

20,849

22,729

(513
)
1993
2019
5 - 40 years
Fairmont, MN (1)
1

—

1,650

13,738

34

1,650

13,772

15,422

(314
)
1968
2019
5 - 40 years
Fort Dodge, IA
1

—

1,022

7,162

1,193

1,226

8,151

9,377

(3,442
)
1979
2008
5 - 40 years
Fort Smith, AR
2

—

308

2,231

2,030

342

4,227

4,569

(1,385
)
1958
2008
5 - 40 years
Fort Smith - Highway 45, AR (1)
1

—

2,245

51,998

—

2,245

51,998

54,243

(1,176
)
1987
2019
5 - 40 years
Fort Worth-Blue Mound, TX
1

—

1,700

5,055

1,548

1,700

6,603

8,303

(1,884
)
1995
2009
5 - 40 years
Fort Worth-Samuels, TX
2

—

1,985

13,447

2,886

2,109

16,209

18,318

(6,694
)
1977
2009
5 - 40 years
Fremont, NE
1

26,984

629

3,109

5,896

691

8,943

9,634

(4,412
)
1968
2008
5 - 40 years
Ft. Worth, TX (Meacham)
1

—

5,610

24,686

3,111

5,873

27,534

33,407

(10,642
)
2005
2008
5 - 40 years
Ft. Worth, TX (Railhead)
1

—

1,857

8,536

595

1,955

9,033

10,988

(3,828
)
1998
2008
5 - 40 years
Gadsden, AL
1

23,384

100

9,820

(857
)
351

8,712

9,063

(2,834
)
1991
2013
5 - 40 years
Gaffney, SC
1

—

1,000

3,263

152

1,000

3,415

4,415

(1,323
)
1995
2008
5 - 40 years

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Gainesville, GA
1

—

400

5,704

1,035

411

6,728

7,139

(2,494
)
1989
2009
5 - 40 years
Gainesville - Candler, GA (2)
1

—

716

3,258

—

716

3,258

3,974

(126
)
1995
2019
5 - 40 years
Garden City, KS
1

—

446

4,721

1,549

446

6,270

6,716

(2,322
)
1980
2008
5 - 40 years
Gateway, GA
2

—

3,271

19,693

(7,211
)
3,197

12,556

15,753

(8,367
)
1972
2008
5 - 40 years
Geneva Lakes, WI
1

—

1,579

36,020

3,042

2,265

38,376

40,641

(12,359
)
1991
2009
5 - 40 years
Gloucester - Rogers, MA
1

—

1,683

3,675

3,073

1,818

6,613

8,431

(2,080
)
1967
2008
5 - 40 years
Gloucester - Rowe, MA
1

—

1,146

2,833

6,763

1,272

9,470

10,742

(3,317
)
1955
2008
5 - 40 years
Gouldsboro, PA
1

—

4,224

29,473

2,643

4,930

31,410

36,340

(9,441
)
2006
2009
5 - 40 years
Grand Island, NE
1

—

430

6,542

(2,286
)
479

4,207

4,686

(2,005
)
1995
2008
5 - 40 years
Green Bay, WI
2

—

—

2,028

2,841

69

4,800

4,869

(2,618
)
1935
2009
5 - 40 years
Greenville, SC
1

—

200

1,108

396

203

1,501

1,704

(1,225
)
1962
2009
5 - 40 years
Hatfield, PA
2

—

5,002

28,286

9,461

5,795

36,954

42,749

(13,412
)
1983
2009
5 - 40 years
Henderson, NV
2

—

9,043

14,415

1,082

9,048

15,492

24,540

(5,221
)
1988
2009
5 - 40 years
Hermiston, OR
1

32,851

1,322

7,107

425

1,378

7,476

8,854

(3,045
)
1975
2008
5 - 40 years
Houston, TX
1

—

1,454

10,084

1,264

1,525

11,277

12,802

(3,703
)
1990
2009
5 - 40 years
Indianapolis, IN
4

—

1,897

18,991

19,772

3,860

36,800

40,660

(13,090
)
1975
2008
5 - 40 years
Jefferson, WI
2

—

1,553

19,805

1,676

1,880

21,154

23,034

(8,585
)
1975
2009
5 - 40 years
Johnson, AR (1)
1

—

6,159

24,802

—

6,159

24,802

30,961

(807
)
1955
2019
5 - 40 years
Lakeville, MN (1)
1

—

4,000

47,790

33

4,000

47,823

51,823

(1,084
)
1970
2019
5 - 40 years
Lancaster, PA
1

—

2,203

15,670

758

2,371

16,260

18,631

(5,306
)
1993
2009
5 - 40 years
LaPorte, TX
1

—

2,945

19,263

2,863

3,332

21,739

25,071

(7,560
)
1990
2009
5 - 40 years
Le Mars, IA (1)
1

—

1,000

12,596

176

1,107

12,665

13,772

(345
)
1991
2019
5 - 40 years
Leesport, PA
1

—

1,206

14,112

11,913

1,677

25,554

27,231

(7,428
)
1993
2008
5 - 40 years
Lowell, AR (1)
1

—

2,610

31,984

—

2,610

31,984

34,594

(833
)
1992
2019
5 - 40 years
Lula, GA (2)
1

—

3,864

35,382

—

3,864

35,382

39,246

(954
)
1996
2019
5 - 40 years
Lynden, WA
5

—

1,420

8,590

964

1,430

9,544

10,974

(3,838
)
1946
2009
5 - 40 years
Marshall, MO
1

10,544

741

10,304

379

826

10,598

11,424

(4,225
)
1985
2008
5 - 40 years
Massillon 17th, OH
1

—

175

15,322

498

414

15,581

15,995

(5,753
)
2000
2008
5 - 40 years
Massillon Erie, OH
1

—

—

1,988

516

—

2,504

2,504

(2,465
)
1984
2008
5 - 40 years

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Memphis Chelsea , TN
—

—

80

2

(81
)
—

1

1

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

—

404

15,031

155

435

15,155

15,590

(514
)
2018
2018
5 - 40 years
Milwaukie, OR
2

—

2,473

8,112

1,639

2,483

9,741

12,224

(5,726
)
1958
2008
5 - 40 years
Mobile, AL
1

—

10

3,203

765

17

3,961

3,978

(1,474
)
1976
2009
5 - 40 years
Modesto, CA
6

—

2,428

19,594

4,491

2,915

23,598

26,513

(10,426
)
1945
2009
5 - 40 years
Monmouth, IL (1)
1

—

2,660

48,348

—

2,660

48,348

51,008

(910
)
2014
2019
5 - 40 years
Montgomery, AL
1

6,689

850

7,746

(505
)
1,157

6,934

8,091

(2,449
)
1989
2013
5 - 40 years
Moses Lake, WA
1

30,357

575

11,046

2,480

1,140

12,961

14,101

(5,300
)
1967
2008
5 - 40 years
Murfreesboro, TN
1

—

1,094

10,936

3,573

1,332

14,271

15,603

(6,616
)
1982
2008
5 - 40 years
Nampa, ID
4

—

1,588

11,864

2,099

1,719

13,832

15,551

(7,523
)
1946
2008
5 - 40 years
Napoleon, OH (1)
1

—

2,340

57,677

34

2,340

57,711

60,051

(1,284
)
1974
2019
5 - 40 years
New Ulm, MN
7

—

725

10,405

1,109

822

11,417

12,239

(4,032
)
1984
2009
5 - 40 years
North Little Rock, AR (1)
1

—

1,680

12,841

14,661

2,226

26,956

29,182

(382
)
1996
2019
5 - 40 years
Oklahoma City, OK
1

—

742

2,411

1,151

742

3,562

4,304

(1,708
)
1968
2008
5 - 40 years
Ontario, CA
3

—

14,673

3,632

24,506

14,745

28,066

42,811

(12,139
)
1987(1)/1984(2)/1983(3)
2008
5 - 40 years
Ontario, OR
4

—

—

13,791

9,127

1,264

21,654

22,918

(13,095
)
1962
2008
5 - 40 years
Pasco, WA
1

—

557

15,809

413

588

16,191

16,779

(5,347
)
1984
2008
5 - 40 years
Pendergrass, GA
1

—

500

12,810

2,649

580

15,379

15,959

(6,149
)
1993
2009
5 - 40 years
Perryville, MD (4)
1

—

1,626

19,083

8

1,626

19,091

20,717

(58
)
2007
2019
5 - 40 years
Phoenix2, AZ
1

—

3,182

11,312

28

3,182

11,340

14,522

(2,245
)
2014
2014
5 - 40 years
Piedmont, SC
1

—

500

9,883

1,441

506

11,318

11,824

(4,655
)
1981
2009
5 - 40 years
Plover, WI
1

34,297

1,390

18,298

5,024

1,994

22,718

24,712

(9,901
)
1981
2008
5 - 40 years
Portland, ME
1

—

305

2,402

917

316

3,308

3,624

(1,042
)
1952
2008
5 - 40 years
Rochelle, IL (Americold Drive)
1

—

1,860

18,178

48,054

4,326

63,766

68,092

(9,330
)
1995
2008
5 - 40 years
Rochelle, IL (Caron)
1

—

2,071

36,658

734

2,213

37,250

39,463

(14,631
)
2004
2008
5 - 40 years
Russellville, AR - Elmira
1

—

1,261

9,910

3,185

1,352

13,004

14,356

(6,199
)
1986
2008
5 - 40 years
Russellville, AR - Route 324 (1)
1

—

2,467

29,179

(71
)
2,494

29,081

31,575

(730
)
1993
2019
5 - 40 years
Russellville, AR - Valley
1

—

708

15,832

2,466

708

18,298

19,006

(5,829
)
1995
2008
5 - 40 years
Salem, OR
4

39,370

3,055

21,096

3,534

3,211

24,474

27,685

(11,419
)
1963
2008
5 - 40 years

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Salinas, CA
5

—

7,244

7,181

9,670

8,098

15,997

24,095

(6,268
)
1958
2009
5 - 40 years
Salt Lake City, UT
1

—

—

22,481

3,767

—

26,248

26,248

(14,083
)
1998
2010
5 - 40 years
San Antonio - HEB, TX
1

—

2,014

22,902

—

2,014

22,902

24,916

(3,424
)
1982
2017
5 - 40 years
San Antonio, TX
3

—

1,894

11,101

2,566

2,021

13,540

15,561

(7,666
)
1913
2009
5 - 40 years
Sanford, NC (1)
1

—

3,110

34,104

23

3,110

34,127

37,237

(794
)
1996
2019
5 - 40 years
Savannah, GA (3)
1

—

20,715

10,456

52

20,715

10,508

31,223

(433
)
2015
2019
5 - 40 years
Sebree, KY
1

—

638

7,895

635

638

8,530

9,168

(2,731
)
1998
2008
5 - 40 years
Sikeston, MO
1

—

258

11,936

2,685

2,339

12,540

14,879

(4,428
)
1998
2009
5 - 40 years
Sioux City - 2640, IA (1)
1

—

5,951

28,391

101

5,951

28,492

34,443

(902
)
1990
2019
5 - 40 years
Sioux City - 2900, IA (1)
1

—

3,070

56,336

30

3,070

56,366

59,436

(1,385
)
1995
2019
5 - 40 years
Sioux Falls, SD
1

—

856

4,780

3,901

1,039

8,498

9,537

(4,183
)
1972
2008
5 - 40 years
Springdale, AR
1

7,851

844

10,754

1,299

872

12,025

12,897

(4,951
)
1982
2008
5 - 40 years
St. Louis, MO
2

—

2,082

7,566

1,950

2,198

9,400

11,598

(3,079
)
1956
2009
5 - 40 years
St. Paul, MN
2

—

1,800

12,129

658

1,800

12,787

14,587

(5,148
)
1970
2009
5 - 40 years
Strasburg, VA
1

—

1,551

15,038

1,526

1,592

16,523

18,115

(5,554
)
1999
2008
5 - 40 years
Sumter, SC (1)
1

—

530

8,738

—

530

8,738

9,268

(306
)
1979
2019
5 - 40 years
Syracuse, NY
2

—

2,177

20,056

5,659

2,420

25,472

27,892

(9,581
)
1960
2008
5 - 40 years
Tacoma, WA
1

—

—

21,216

2,443

27

23,632

23,659

(7,605
)
2010
2010
5 - 40 years
Tampa Plant City, FL
2

—

1,333

11,836

696

1,380

12,485

13,865

(4,350
)
1987
2009
5 - 40 years
Tarboro, NC
1

17,545

1,078

9,586

1,030

1,225

10,469

11,694

(3,756
)
1988
2008
5 - 40 years
Taunton, MA
1

—

1,477

14,159

1,032

1,695

14,973

16,668

(4,914
)
1999
2009
5 - 40 years
Texarkana, AR
1

3,628

842

11,169

1,442

921

12,532

13,453

(4,079
)
1992
2008
5 - 40 years
Tomah, WI
1

19,047

886

10,715

422

923

11,100

12,023

(4,546
)
1989
2008
5 - 40 years
Turlock, CA (#1)
2

—

944

4,056

290

967

4,323

5,290

(1,970
)
1995
2008
5 - 40 years
Turlock, CA (#2)
1

—

3,091

7,004

1,449

3,116

8,428

11,544

(3,457
)
1985
2008
5 - 40 years
Vernon 2, CA
1

—

8,100

13,490

3,181

8,112

16,659

24,771

(7,383
)
1965
2009
5 - 40 years
Victorville, CA
1

—

2,810

22,811

1,075

2,810

23,886

26,696

(8,359
)
2004
2008
5 - 40 years
Waco, TX (1)
—

—

3,003

—

504

3,507

—

3,507

—

N/A
2019
N/A
Walla Walla, WA
2

—

215

4,693

610

159

5,359

5,518

(3,107
)
1960
2008
5 - 40 years

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Wallula, WA
1

—

690

2,645

727

711

3,351

4,062

(1,217
)
1982
2008
5 - 40 years
Watsonville, CA
1

—

—

8,138

424

21

8,541

8,562

(7,477
)
1984
2008
5 - 40 years
West Memphis, AR
1

—

1,460

12,300

2,766

2,284

14,242

16,526

(5,857
)
1985
2008
5 - 40 years
Wichita, KS
1

—

1,297

4,717

1,355

1,432

5,937

7,369

(2,752
)
1972
2008
5 - 40 years
Woodburn, OR
1

—

1,552

9,860

2,561

1,627

12,346

13,973

(4,535
)
1952
2008
5 - 40 years
York, PA
1

—

3,838

36,621

2,169

4,063

38,565

42,628

(14,487
)
1994
2008
5 - 40 years
York-Willow Springs, PA
1

—

1,300

7,351

380

1,315

7,716

9,031

(3,205
)
1987
2009
5 - 40 years
Zumbrota, MN
3

—

800

10,360

1,572

800

11,932

12,732

(3,926
)
1996
2009
5 - 40 years
Canada

















 
 
 
Cold Logic/Taber
—

—

—

12

3,554

92

3,474

3,566

(1,798
)
1999
2009
5 - 40 years
Australia

















 
 
 
Arndell Park
2

—

13,489

29,428

397

11,783

31,531

43,314

(9,757
)
1989/1994
2009
5 - 40 years
BRIS CORPORATE-Acacia Ridge
1

—

—

—

279

—

279

279

(279
)
 
2009
5 - 40 years
Laverton
2

—

13,689

28,252

5,765

11,958

35,748

47,706

(11,116
)
1997/1998
2009
5 - 40 years
Murarrie
3

—

10,891

18,975

(2,995
)
9,514

17,357

26,871

(5,943
)
1972/2003
2009
5 - 40 years
Prospect/ASC Corporate
2

—

—

1,187

19,126

7,475

12,838

20,313

(3,911
)
1985
2009
5 - 40 years
Spearwood
1

—

7,194

10,990

(1,462
)
6,284

10,438

16,722

(4,134
)
1978
2009
5 - 40 years
Wetherill Park
—

—

45,301

—

—

45,301

—

45,301

—

N/A
2019
N/A
New Zealand

















 
 
 
Dalgety
1

—

6,047

5,531

777

6,303

6,052

12,355

(1,882
)
1988
2009
5 - 40 years
Diversey
1

—

2,357

5,966

797

2,457

6,663

9,120

(2,132
)
1988
2009
5 - 40 years
Halwyn Dr
1

—

5,227

3,399

812

5,448

3,990

9,438

(1,579
)
1992
2009
5 - 40 years
Mako Mako
1

—

1,332

3,810

249

1,389

4,002

5,391

(1,225
)
2000
2009
5 - 40 years
Manutapu/Barber Akld
1

—

—

343

525

—

868

868

(783
)
2004
2009
5 - 40 years
Paisley
2

—

—

185

1,036

—

1,221

1,221

(915
)
1984
2009
5 - 40 years
Smarts Rd
1

—

—

247

962

—

1,209

1,209

(735
)
1984
2009
5 - 40 years
Argentina

 
 
 
 
 
 
 


 
 
 
 
Mercado Central - Buenos Aires, ARG
1

—

—

4,984

(2,625
)
—

2,359

2,359

(1,202
)
1996/1999
2009
5 - 40 years
Pilar - Buenos Aires, ARG
1

—

706

2,586

(2,216
)
667

409

1,076

(98
)
2000
2009
5 - 40 years
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
283,443

494,429

2,326,556

413,200

526,226

2,707,959

3,234,185

(752,711
)
 
 
 

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Land, buildings, and improvements in the assets under construction balance as of December 31, 2019.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US
 
 
 
 
 
 
 
 
 
 
 
 
Allentown, PA
 
—

—

—

—

—

89

89

 
 
 
 
Amarillo, TX
 
—

—

—

—

—

8

8

 
 
 
 
Anaheim, CA
 
—

—

—

—

—

180

180

 
 
 
 
Appleton, WI
 
—

—

—

—

—

66

66

 
 
 
 
Atlanta - Lakewood, GA
 
—

—

—

—

—

6

6

 
 
 
 
Atlanta - Skygate, GA
 
—

—

—

—

—

7

7

 
 
 
 
Atlanta - Southgate, GA
 
—

—

—

—

—

161

161

 
 
 
 
Atlanta - Tradewater, GA
 
—

—

—

—

—

16,724

16,724

 
 
 
 
Atlanta - Westgate, GA
 
—

—

—

—

—

757

757

 
 
 
 
Atlanta, GA - Corporate
 
—

—

—

—

—

620

620

 
 
 
 
Benson, NC
 
—

—

—

—

—

43

43

 
 
 
 
Boston, MA
 
—

—

—

—

—

392

392

 
 
 
 
Burley, ID
 
—

—

—

—

—

3

3

 
 
 
 
Burlington, WA
 
—

—

—

—

—

113

113

 
 
 
 
Carthage Warehouse Dist, MO
 
—

—

—

—

—

430

430

 
 
 
 
Chesapeake, VA
 
—

—

—

—

—

308

308

 
 
 
 
Chillicothe, MO
 
—

—

—

—

—

89

89

 
 
 
 
Columbia, SC
 
—

—

—

—

—

8

8

 
 
 
 
Columbus, OH
 
—

—

—

—

—

502

502

 
 
 
 
Dallas, TX
 
—

—

—

—

—

186

186

 
 
 
 
Dominguez Hills, CA
 
—

—

—

—

—

7

7

 
 
 
 
Eagan, MN
 
—

—

—

—

—

70

70

 
 
 
 
Fairfield, OH
 
—

—

—

—

—

48

48

 
 
 
 
Fort Smith, AR
 
—

—

—

—

—

31

31

 
 
 
 
Fort Worth-Samuels, TX
 
—

—

—

—

—

754

754

 
 
 
 
Fremont, NE
 
—

—

—

—

—

16

16

 
 
 
 
Fort Worth, TX (Meacham)
 
—

—

—

—

—

846

846

 
 
 
 
Fort Worth, TX (Railhead)
 
—

—

—

—

—

23

23

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Gadsden, AL
 
—

—

—

—

—

7

7

 
 
 
 
Gainesville Candler, GA
 
—

—

—

—

—

320

320

 
 
 
 
Gateway, GA
 
—

—

—

—

—

13,145

13,145

 
 
 
 
Geneva Lakes, WI
 
—

—

—

—

—

22

22

 
 
 
 
Gloucester - Rogers, MA
 
—

—

—

—

—

1,682

1,682

 
 
 
 
Gloucester - Rowe, MA
 
—

—

—

—

—

1,400

1,400

 
 
 
 
Grand Island, NE
 
—

—

—

—

—

3

3

 
 
 
 
Green Bay, WI
 
—

—

—

—

—

40

40

 
 
 
 
Hatfield, PA
 
—

—

—

—

—

215

215

 
 
 
 
Henderson, NV
 
—

—

—

—

—

119

119

 
 
 
 
Indianapolis, IN
 
—

—

—

—

—

510

510

 
 
 
 
Johnson, AR
 
—

—

—

—

—

254

254

 
 
 
 
Lakeville, MN
 
—

—

—

—

—

51

51

 
 
 
 
Lancaster, PA
 
—

—

—

—

—

125

125

 
 
 
 
LaPorte, TX
 
—

—

—

—

—

594

594

 
 
 
 
Le Mars, IA
 
—

—

—

—

—

25

25

 
 
 
 
Leesport, PA
 
—

—

—

—

—

11

11

 
 
 
 
Lowell, AR
 
—

—

—

—

—

89

89

 
 
 
 
Lynden, WA
 
—

—

—

—

—

74

74

 
 
 
 
Marshall, MO
 
—

—

—

—

—

66

66

 
 
 
 
Massillon 17th, OH
 
—

—

—

—

—

19

19

 
 
 
 
Modesto, CA
 
—

—

—

—

—

598

598

 
 
 
 
Monmounth, IL
 
—

—

—

—

—

34

34

 
 
 
 
Murfreesboro, TN
 
—

—

—

—

—

121

121

 
 
 
 
Napoleon, OH
 
—

—

—

—

—

133

133

 
 
 
 
New Ulm, MN
 
—

—

—

—

—

56

56

 
 
 
 
North Little Rock, AR
 
—

—

—

—

—

236

236

 
 
 
 
Oklamoma City, OK
 
—

—

—

—

—

73

73

 
 
 
 
Ontario, CA
 
—

—

—

—

—

2,718

2,718

 
 
 
 
Ontario, OR
 
—

—

—

—

—

70

70

 
 
 
 
Piedmont, SC
 
—

—

—

—

—

5

5

 
 
 
 
Plover, WI
 
—

—

—

—

—

600

600

 
 
 
 

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Portland, ME
 
—

—

—

—

—

80

80

 
 
 
 
Rochelle, IL (Americold Drive)
 
—

—

—

—

—

29

29

 
 
 
 
Rochele, IL (Caron)
 
—

—

—

—

—

10

10

 
 
 
 
Salem, OR
 
—

—

—

—

—

40

40

 
 
 
 
Salinas, CA
 
—

—

—

—

—

402

402

 
 
 
 
Salt Lake City, UT
 
—

—

—

—

—

93

93

 
 
 
 
San Antonio, TX
 
—

—

—

—

—

250

250

 
 
 
 
Sanford, NC
 
—

—

—

—

—

50

50

 
 
 
 
Savannah, GA
 
—

—

—

—

—

41,720

41,720

 
 
 
 
Sebree, KY
 
—

—

—

—

—

564

564

 
 
 
 
Sioux City, IA - 2640 Murray St
 
—

—

—

—

—

160

160

 
 
 
 
Sioux City, IA - 2900 Murray St
 
—

—

—

—

—

531

531

 
 
 
 
Sioux Falls, SD
 
—

—

—

—

—

174

174

 
 
 
 
Springdale, AR
 
—

—

—

—

—

19

19

 
 
 
 
Strasburg, VA
 
—

—

—

—

—

16

16

 
 
 
 
Sumter, SC
 
—

—

—

—

—

17

17

 
 
 
 
Syracuse, NY
 
—

—

—

—

—

29

29

 
 
 
 
Tampa Plant City, FL
 
—

—

—

—

—

309

309

 
 
 
 
Tarboro, NC
 
—

—

—

—

—

474

474

 
 
 
 
Taunton, MA
 
—

—

—

—

—

94

94

 
 
 
 
Texarkana, AR
 
—

—

—

—

—

41

41

 
 
 
 
Turlock, CA (#1)
 
—

—

—

—

—

146

146

 
 
 
 
Vernon 2, CA
 
—

—

—

—

—

71

71

 
 
 
 
Wichita, KS
 
—

—

—

—

—

523

523

 
 
 
 
Woodburn, OR
 
—

—

—

—

—

4

4

 
 
 
 
Australia
 
 
 
 
 
 
 


 
 
 
 
Arndell Park
 
—

—

—

—

—

1,218

1,218

 
 
 
 
Laverton
 
—

—

—

—

—

379

379

 
 
 
 
Murarrie
 
—

—

—

—

—

906

906

 
 
 
 
Prospect
 
—

—

—

—

—

446

446

 
 
 
 
Spearwood
 
—

—

—

—

—

476

476

 
 
 
 
Wetherill Park - MIT
 
—

—

—

—

—

24

24

 
 
 
 

 
 
 
 Initial Costs
 
 Gross amount at which carried as of
December 31, 2019
 
 
 
 
 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
Heathwood - MIT
 
—

—

—

—

—

954

954

 
 
 
 
New Zealand
 
 
 
 
 
 
 


 
 
 
 
Dalgety
 
—

—

—

—

—

1,163

1,163

 
 
 
 
Diversey
 
—

—

—

—

—

614

614

 
 
 
 
Halwyn Dr
 
—

—

—

—

—

277

277

 
 
 
 
Mako Mako
 
—

—

—

—

—

143

143

 
 
 
 
Manutapu
 
—

—

—

—

—

66

66

 
 
 
 
Paisley
 
—

—

—

—

—

241

241

 
 
 
 
Smarts Rd
 
—

—

—

—

—

48

48

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total in assets under construction
 
—

—

—

—

—

98,703

98,703

—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
283,443

$
494,429

$
2,326,556

$
413,200

$
526,226

$
2,806,662

$
3,332,888

$
(752,711
)
 
 
 

Schedule III – Footnotes

 
(1) Reconciliation of total accumulated depreciation and depletion to consolidated balance sheet caption as of December 31, 2019:
 
Total per Schedule III
 
 
 
 
$
(752,711
)
 
Accumulated depreciation on investments in non-real estate assets
 
 
(493,539
)
 
Total accumulated depreciation and depletion per consolidated balance sheet (property, buildings and equipment and capital leases)
 
$
(1,246,250
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(2) Reconciliation of total Buildings and improvements to consolidated balance sheet as of December 31, 2019:
 
Building and improvements per consolidated balance sheet
 
 
 
 
$
2,696,732

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

 
Assets under construction per consolidated balance sheet
 
 
 
 
108,639

 
Less: personal property assets under construction
 
 
 
 
 
(9,936
)
 
Total per Schedule III
 
 
 
 
 
$
2,806,662

 
 
 
 
 
 
 
 
 
(3) Reconciliation of total mortgage notes, senior unsecured notes and term loan to consolidated balance sheet caption as of December 31, 2019:
 
Total per Schedule III
 
 
 
 
 
$
283,443

 
Unsecured
 
 
 
 
1,425,000

 
Deferred financing costs, net of amortization
 
 
 
(12,996
)
 
Total mortgage notes, senior unsecured notes and term loan per consolidated balance sheet*
$
1,695,447

 
*Total mortgage notes, senior unsecured notes, and term loan does not include $4.9M of secured notes related to the Monmouth, IL facility. Refer to footnote 19 for additional details.
 
 
 
 
 
 
 
 
 
 
(4) The aggregate cost for Federal tax purposes at December 31, 2019 of our real estate assets was approximately $2.8 billion.
 
 
 
 
 
 
 
 


(5) Includes real estate impairments recorded in 2019 for the Gateway, GA (Atlanta) site.

(6) The following table summarizes the Company’s real estate activity and accumulated depreciation for the years ended December 31:
 
 
2019
 
2018
 
2017
Real Estate Facilities, at Cost:
 
 
 
 
 
 
Beginning Balance
$
2,575,367

 
$
2,506,656

 
$
2,382,343

 
Capital expenditures
177,268

 
50,680

 
52,555

 
Acquisitions
975,045

 
—

 
27,958

 
Newly developed warehouse facilities
21,316

 
62,353

 
60,598

 
Disposition
(7,409
)
 
(30,199
)
 
(20,780
)
 
Impairment
(12,555
)
 
(747
)
 
(9,473
)
 
Conversion of leased assets to owned
—

 
8,405

 
—

 
Impact of foreign exchange rate changes
557

 
(21,781
)
 
13,455

 
Ending Balance
3,729,589

 
2,575,367

 
2,506,656

 
 
 
 
 
 
 
Accumulated Depreciation:
 
 
 
 
 
 
Beginning Balance
(827,892
)
 
(770,006
)
 
(692,390
)
 
Depreciation expense
(114,512
)
 
(87,355
)
 
(86,169
)
 
Dispositions
6,679

 
24,672

 
11,143

 
Impact of foreign exchange rate changes
(697
)
 
4,797

 
(2,590
)
 
Ending Balance
(936,422
)
 
(827,892
)
 
(770,006
)
 
 
 
 
 
 
 
Total Real Estate Facilities, Net at December 31
$
2,793,167

 
$
1,747,475

 
$
1,736,650


The total real estate facilities amounts in the table above include $76.8 million, $80.3 million, and $90.5 million of assets under sale-leaseback agreements accounted for as a financing as of December 31, 2019, 2018 and 2017, respectively. The Company does not hold title in these assets under sale-leaseback agreements. As of December 31, 2019 and 2018, the Company has no facilities classified as held for sale. During the second quarter of 2019, the Company sold an idle facility, which was written down earlier in 2019 resulting in an impairment charge of $2.9 million. 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. In February 2019, the Company acquired one facility and adjacent land in connection with the PortFresh Acquisition, with total property, buildings and equipment of $35.0 million. In May
2019, the Company acquired 21 facilities in connection with the Cloverleaf Acquisition, with total property, buildings and equipment of $891.3 million. Additionally, in May 2019, the Company acquired two facilities in connection with the Lanier Acquisition, with total property, buildings and equipment of 60.0 million. In November 2019, the Company acquired two facilities in connection with the MHW Acquisition, with total property, buildings and equipment of $49.4 million. 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. 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.
(7) Reconciliation of the Company’s real estate activity and accumulated depreciation and depletion for the years ended December 31, 2019 to Schedule III:
Total real estate facilities gross amount per Schedule III
 
 
 
 
$
3,332,888

Plus: Refrigeration equipment
 
 
 
 
409,865

Less: Quarry assets
 
 
 
 
(13,164
)
Real estate facilities, at cost - ending balance
 
 
 
 
$
3,729,589

 
 
 
 
 
 
Accumulated depreciation and depletion per Schedule III
 
 
 
 
$
(752,711
)
Plus: Refrigeration equipment
 
 
 
 
(186,799
)
Less: Quarry assets
 
 
 
 
3,088

Accumulated depreciation and depletion - ending balance
 
 
 
 
$
(936,422
)