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]

Schedule III - Real Estate and Accumulated Depreciation

				Initial Costs					Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)		Land		Buildings and Improvements		Costs Capitalized Subsequent to Acquisition	Land		Buildings and Improvements (2)		Total (4)		Accumulated Depreciation (1) (6) (5)		Date of Construction	Date of Acquisition
US
Albertville, AL	1	$	—	$	1,251	$	12,385	1,391	$	1,381	$	13,647	$	15,028	$	(6,610)	1993	2008
Allentown, PA	2	—		5,780		47,807		8,691	6,867		55,411		62,278		(27,539)		1976	2008
Amarillo, TX	1	—		871		4,473		1,610	942		6,012		6,954		(2,967)		1973	2008
Anaheim, CA	1	—		9,509		16,810		4,319	9,519		21,119		30,638		(10,044)		1965	2009
Appleton, WI	1	—		200		5,022		11,818	916		16,124		17,040		(5,591)		1989	2009
Atlanta - Lakewood, GA	1	—		4,297		3,369		(1,196)	639		5,831		6,470		(2,631)		1963	2008
Atlanta - Skygate, GA	1	—		1,851		12,731		2,622	2,417		14,787		17,204		(5,263)		2001	2008
Atlanta - Southgate, GA	1	—		1,623		17,652		3,433	2,480		20,228		22,708		(8,043)		1996	2008
Atlanta - Tradewater, GA	1	—		—		36,966		10,323	8,129		39,159		47,288		(10,041)		2004	2008
Atlanta - Westgate, GA	1	—		2,270		24,659		950	3,226		24,653		27,879		(11,840)		1990	2008
Atlanta, GA - Corporate	—	—		—		365		25,936	—		26,301		26,301		(7,468)		1999/2014	2008
Augusta, GA	1	—		2,678		1,943		1,202	2,843		2,980		5,823		(1,938)		1971	2008
Babcock, WI	1	—		852		8,916		205	895		9,078		9,973		(3,408)		1999	2008
Bartow, FL	1	—		—		2,451		833	89		3,195		3,284		(2,634)		1962	2008
Belvidere-Imron, IL	1	—		2,000		11,989		3,958	2,413		15,534		17,947		(7,354)		1991	2009
Belvidere-Landmark, IL (Cross Dock)	1	—		1		2,117		2,068	3		4,183		4,186		(4,030)		1991	2009
Benson, NC (1)	1	—		3,660		35,825		52	3,660		35,877		39,537		(3,434)		1997	2019
Birmingham, AL	1	917		1,002		957		2,380	1,269		3,070		4,339		(1,218)		1963	2008
Brea, CA	1	—		4,645		5,891		1,129	4,776		6,889		11,665		(3,226)		1975	2009
Brooklyn Park, MN	1	—		1,600		8,951		1,769	1,600		10,720		12,320		(5,164)		1986	2009
Burley, ID	2	—		—		16,136		3,934	146		19,924		20,070		(15,311)		1959	2008
Burlington, WA	3	13,375		694		6,108		2,605	711		8,696		9,407		(4,655)		1965	2008
Carson, CA	1	—		9,100		13,731		1,758	9,133		15,456		24,589		(5,848)		2002	2009
Cartersville, GA	1	—		1,500		8,505		1,416	1,611		9,810		11,421		(4,361)		1996	2009
Carthage Warehouse Dist, MO	1	—		61,445		33,880		8,389	62,636		41,078		103,714		(23,527)		1972	2008
Chambersburg, PA (4)	1	—		1,368		15,868		220	1,368		16,088		17,456		(1,500)		1994	2019

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Cherokee, IA (1)	1	—	580	8,343	27	595	8,355	8,950	(847)	1965	2019
Chesapeake, VA (1)	1	—	2,740	13,452	19,864	2,854	33,202	36,056	(2,614)	1991	2019
Chillicothe, MO (1)	1	—	670	44,905	276	670	45,181	45,851	(3,917)	1999	2019
City of Industry, CA	2	—	—	1,455	1,960	257	3,158	3,415	(3,153)	1962	2009
Clearfield, UT	1	—	2,881	14,945	7,524	2,661	22,689	25,350	(10,002)	1973	2008
Clearfield 2, UT	1	—	806	21,569	1,376	1,148	22,603	23,751	(3,607)	2017	2017
Columbia, SC	1	—	768	1,429	1,491	904	2,784	3,688	(1,360)	1971	2008
Columbus, OH (1)	1	—	2,440	38,939	6,422	2,838	44,963	47,801	(3,397)	1996	2019
Connell, WA	1	—	497	8,728	1,281	570	9,936	10,506	(4,786)	1969	2008
Dallas, TX	1	—	1,468	14,385	13,766	3,010	26,609	29,619	(9,358)	1994	2009
Delhi, LA	1	15,101	539	12,228	587	587	12,767	13,354	(8,058)	2010	2010
Denver-50th Street, CO	1	—	—	1,724	592	—	2,316	2,316	(2,316)	1974	2008
Dominguez Hills, CA	1	—	11,149	10,894	1,486	11,162	12,367	23,529	(5,801)	1989	2009
Douglas, GA	1	—	400	2,080	2,372	401	4,451	4,852	(1,725)	1969	2009
Eagan, MN (1)	1	—	6,050	49,441	135	6,050	49,576	55,626	(4,343)	1964	2019
East Dubuque, IL	1	—	722	13,764	669	766	14,389	15,155	(5,515)	1993	2008
East Point, GA	1	—	1,884	3,621	3,857	2,020	7,342	9,362	(3,500)	1959	2016
Fairfield, OH (1)	1	—	1,880	20,849	278	1,880	21,127	23,007	(2,064)	1993	2019
Fairmont, MN (1)	1	—	1,650	13,738	64	1,650	13,802	15,452	(1,252)	1968	2019
Fort Dodge, IA	1	—	1,022	7,162	1,314	1,226	8,272	9,498	(3,922)	1979	2008
Fort Smith, AR	2	—	308	2,231	2,542	342	4,739	5,081	(1,731)	1958	2008
Fort Smith - Highway 45, AR (1)	1	—	2,245	51,998	41	2,245	52,039	54,284	(4,707)	1987	2019
Fort Worth-Blue Mound, TX	1	—	1,700	5,055	1,866	1,717	6,904	8,621	(2,398)	1995	2009
Fort Worth-Samuels, TX	2	—	1,985	13,447	4,816	2,124	18,124	20,248	(7,985)	1977	2009
Fremont, NE	1	25,671	629	3,109	6,313	691	9,360	10,051	(5,189)	1968	2008
Ft. Worth, TX (Meacham)	1	—	5,610	24,686	4,655	5,873	29,078	34,951	(12,375)	2005	2008
Ft. Worth, TX (Railhead)	1	—	1,857	8,536	1,885	1,978	10,300	12,278	(4,344)	1998	2008
Gadsden, AL	1	22,247	100	9,820	(225)	388	9,307	9,695	(3,819)	1991	2013
Gaffney, SC	1	—	1,000	3,263	175	1,005	3,433	4,438	(1,586)	1995	2008

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Gainesville, GA	1	—	400	5,704	1,338	434	7,008	7,442	(3,084)	1989	2009
Gainesville - Candler, GA (2)	1	—	716	3,258	1,254	770	4,458	5,228	(624)	1995	2019
Garden City, KS	1	—	446	4,721	2,162	446	6,883	7,329	(2,786)	1980	2008
Gateway, GA	2	—	3,271	19,693	48,034	5,045	65,953	70,998	(9,795)	1972	2008
Geneva Lakes, WI	1	—	1,579	36,020	3,876	2,513	38,962	41,475	(14,764)	1991	2009
Gloucester - Rogers, MA	1	—	1,683	3,675	5,980	1,835	9,503	11,338	(2,748)	1967	2008
Gloucester - Rowe, MA	1	—	1,146	2,833	11,780	1,281	14,478	15,759	(4,546)	1955	2008
Gouldsboro, PA	1	—	4,224	29,473	3,646	5,302	32,041	37,343	(11,400)	2006	2009
Grand Island, NE	1	—	430	6,542	(1,922)	484	4,566	5,050	(2,255)	1995	2008
Green Bay, WI	2	—	—	2,028	3,407	263	5,172	5,435	(3,319)	1935	2009
Greenville, SC	1	—	200	1,108	403	203	1,508	1,711	(1,268)	1962	2009
Hatfield, PA	2	—	5,002	28,286	10,319	5,827	37,780	43,607	(16,415)	1983	2009
Henderson, NV	2	—	9,043	14,415	1,811	9,056	16,213	25,269	(6,161)	1988	2009
Hermiston, OR	1	31,254	1,322	7,107	473	1,403	7,499	8,902	(3,452)	1975	2008
Houston, TX	1	—	1,454	10,084	1,889	1,531	11,896	13,427	(4,397)	1990	2009
Indianapolis, IN	4	—	1,897	18,991	22,193	4,372	38,709	43,081	(15,760)	1975	2008
Jefferson, WI	2	—	1,553	19,805	2,415	1,887	21,886	23,773	(10,065)	1975	2009
Johnson, AR (1)	1	—	6,159	24,802	107	6,173	24,895	31,068	(3,222)	1955	2019
Lakeville, MN (1)	1	—	4,000	47,790	167	4,013	47,944	51,957	(4,347)	1970	2019
Lancaster, PA	1	—	2,203	15,670	1,099	2,371	16,601	18,972	(6,301)	1993	2009
LaPorte, TX	1	—	2,945	19,263	3,820	3,459	22,569	26,028	(9,149)	1990	2009
Le Mars, IA (1)	1	—	1,000	12,596	230	1,100	12,726	13,826	(1,395)	1991	2019
Leesport, PA	1	—	1,206	14,112	12,624	1,796	26,146	27,942	(9,040)	1993	2008
Lowell, AR (1)	1	—	2,610	31,984	377	2,914	32,057	34,971	(3,353)	1992	2019
Lula, GA (2)	1	—	3,864	35,382	694	4,024	35,916	39,940	(3,854)	1996	2019
Lynden, WA	5	—	1,420	8,590	1,729	1,430	10,309	11,739	(4,549)	1946	2009
Marshall, MO	1	10,031	741	10,304	805	869	10,981	11,850	(4,785)	1985	2008
Massillon 17th, OH	1	—	175	15,322	925	474	15,948	16,422	(6,583)	2000	2008
Massillon Erie, OH	1	—	—	1,988	587	—	2,575	2,575	(2,501)	1984	2008

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Memphis Chelsea , TN	—	—	80	2	(82)	—	—	—	—	1972	2008
Middleboro, MA	1	—	404	15,031	177	441	15,171	15,612	(1,288)	2018	2018
Milwaukie, OR	2	—	2,473	8,112	1,916	2,523	9,978	12,501	(6,394)	1958	2008
Mobile, AL	1	—	10	3,203	1,602	24	4,791	4,815	(1,816)	1976	2009
Modesto, CA	6	—	2,428	19,594	6,415	3,025	25,412	28,437	(12,260)	1945	2009
Monmouth, IL (1)	1	—	2,660	48,348	517	2,683	48,842	51,525	(3,658)	2014	2019
Montgomery, AL	1	6,364	850	7,746	(271)	1,157	7,168	8,325	(3,278)	1989	2013
Moses Lake, WA	1	28,880	575	11,046	2,999	1,168	13,452	14,620	(6,148)	1967	2008
Murfreesboro, TN	1	—	1,094	10,936	3,795	1,332	14,493	15,825	(7,580)	1982	2008
Nampa, ID	4	—	1,588	11,864	2,448	1,817	14,083	15,900	(8,504)	1946	2008
Napoleon, OH (1)	1	—	2,340	57,677	332	2,350	57,999	60,349	(5,149)	1974	2019
New Ulm, MN	7	—	725	10,405	1,887	822	12,195	13,017	(4,848)	1984	2009
North Little Rock, AR (1)	1	—	1,680	12,841	15,031	2,226	27,326	29,552	(2,368)	1996	2019
Oklahoma City, OK	1	—	742	2,411	2,032	888	4,297	5,185	(2,003)	1968	2008
Ontario, CA	3	—	14,673	3,632	28,446	14,747	32,004	46,751	(14,778)	1987(1)/1984(2)/1983(3)	2008
Ontario, OR	4	—	—	13,791	9,915	1,281	22,425	23,706	(15,221)	1962	2008
Pasco, WA	1	—	557	15,809	589	615	16,340	16,955	(6,241)	1984	2008
Pendergrass, GA	1	—	500	12,810	3,374	580	16,104	16,684	(7,530)	1993	2009
Perryville, MD (4)	1	—	1,626	19,083	5,491	5,820	20,380	26,200	(1,542)	2007	2019
Phoenix2, AZ	1	—	3,182	11,312	97	3,182	11,409	14,591	(3,010)	2014	2014
Piedmont, SC	1	—	500	9,883	1,536	506	11,413	11,919	(5,622)	1981	2009
Plover, WI	1	32,629	1,390	18,298	6,873	2,522	24,039	26,561	(11,550)	1981	2008
Portland, ME	1	—	305	2,402	1,241	324	3,624	3,948	(1,332)	1952	2008
Rochelle, IL (Americold Drive)	1	—	1,860	18,178	49,233	4,385	64,886	69,271	(13,323)	1995	2008
Rochelle, IL (Caron)	1	—	2,071	36,658	1,077	2,257	37,549	39,806	(16,444)	2004	2008
Russellville, AR - Elmira	1	—	1,261	9,910	3,341	1,385	13,127	14,512	(7,384)	1986	2008
Russellville, AR - Route 324 (1)	1	—	2,467	29,179	28	2,499	29,175	31,674	(2,925)	1993	2019
Russellville, AR - Valley	1	—	708	15,832	4,050	759	19,831	20,590	(7,197)	1995	2008
Salem, OR	4	37,342	3,055	21,096	5,994	3,305	26,840	30,145	(12,982)	1963	2008

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Salinas, CA	5	—	7,244	7,181	12,279	8,130	18,574	26,704	(7,958)	1958	2009
Salt Lake City, UT	1	—	—	22,481	10,483	474	32,490	32,964	(18,016)	1998	2010
San Antonio - HEB, TX	1	—	2,014	22,902	—	2,014	22,902	24,916	(5,732)	1982	2017
San Antonio, TX	3	—	1,894	11,101	3,784	2,167	14,612	16,779	(9,123)	1913	2009
Sanford, NC (1)	1	—	3,110	34,104	348	3,126	34,436	37,562	(3,192)	1996	2019
Savannah, GA (3)	1	—	20,715	10,456	4,645	22,713	13,103	35,816	(1,536)	2015	2019
Savannah 2, GA	1	—	3,002	37,571	197	3,013	37,757	40,770	(2,443)	2020	2020
Sebree, KY	1	—	638	7,895	1,859	802	9,590	10,392	(3,298)	1998	2008
Sikeston, MO	1	—	258	11,936	3,239	2,350	13,083	15,433	(5,496)	1998	2009
Sioux City - 2640, IA (1)	1	—	5,950	28,391	(827)	4,529	28,985	33,514	(3,307)	1990	2019
Sioux City - 2900, IA (1)	1	—	3,070	56,336	1,665	4,481	56,590	61,071	(5,801)	1995	2019
Sioux Falls, SD	1	—	856	4,780	4,689	1,044	9,281	10,325	(4,937)	1972	2008
Springdale, AR	1	7,469	844	10,754	1,820	872	12,546	13,418	(5,872)	1982	2008
St. Louis, MO	2	—	2,082	7,566	2,217	2,198	9,667	11,865	(3,742)	1956	2009
St. Paul, MN	2	—	1,800	12,129	866	1,800	12,995	14,795	(6,014)	1970	2009
Strasburg, VA	1	—	1,551	15,038	2,045	1,703	16,931	18,634	(6,520)	1999	2008
Sumter, SC (1)	1	—	530	8,738	44	560	8,752	9,312	(1,228)	1979	2019
Syracuse, NY	2	—	2,177	20,056	6,066	2,420	25,879	28,299	(11,130)	1960	2008
Tacoma, WA	1	—	—	21,216	2,625	27	23,814	23,841	(8,934)	2010	2010
Tampa Plant City, FL	2	—	1,333	11,836	1,628	1,380	13,417	14,797	(5,232)	1987	2009
Tarboro, NC	1	16,692	1,078	9,586	1,340	1,225	10,779	12,004	(4,373)	1988	2008
Taunton, MA	1	—	1,477	14,159	1,450	1,703	15,383	17,086	(5,853)	1999	2009
Texarkana, AR	1	3,452	842	11,169	1,678	921	12,768	13,689	(4,938)	1992	2008
Tomah, WI	1	18,121	886	10,715	533	957	11,177	12,134	(5,156)	1989	2008
Turlock, CA (#1)	2	—	944	4,056	633	967	4,666	5,633	(2,253)	1995	2008
Turlock, CA (#2)	1	—	3,091	7,004	3,526	3,124	10,497	13,621	(4,059)	1985	2008
Vernon 2, CA	1	—	8,100	13,490	3,588	8,112	17,066	25,178	(8,982)	1965	2009
Victorville, CA	1	—	2,810	22,811	1,110	2,820	23,911	26,731	(9,612)	2004	2008
Walla Walla, WA	2	—	215	4,693	654	159	5,403	5,562	(3,394)	1960	2008

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Wallula, WA	1	—	690	2,645	832	788	3,379	4,167	(1,435)	1982	2008
Watsonville, CA	1	—	—	8,138	2,291	21	10,408	10,429	(8,299)	1984	2008
West Memphis, AR	1	—	1,460	12,300	3,383	2,802	14,341	17,143	(6,909)	1985	2008
Wichita, KS	1	—	1,297	4,717	2,163	1,432	6,745	8,177	(3,210)	1972	2008
Woodburn, OR	1	—	1,552	9,860	4,516	1,627	14,301	15,928	(5,406)	1952	2008
York, PA	1	—	3,838	36,621	2,929	4,133	39,255	43,388	(16,563)	1994	2008
York-Willow Springs, PA	1	—	1,300	7,351	767	1,416	8,002	9,418	(3,767)	1987	2009
Zumbrota, MN	3	—	800	10,360	1,755	934	11,981	12,915	(4,764)	1996	2009
Newport, MN	1	—	3,383	19,877	1,243	3,744	20,759	24,503	(2,076)	1964	2020
Tampa Maple, FL	1	—	3,233	15,940	—	3,233	15,940	19,173	(781)	2017	2020
Grand Prairie, TX	1	—	—	22	—	—	22	22	(11)	1981	2020
Mansfield, TX	1	—	5,670	33,222	10	5,670	33,232	38,902	(1,597)	2018	2020
401 Kentile, NJ	1	—	6,250	21,644	134	6,254	21,774	28,028	(732)	2014	2020
501 Kentile, NJ	1	—	6,440	46,094	278	6,441	46,371	52,812	(1,805)	1989	2020
601 Kentile, NJ	1	—	8,160	47,277	127	8,160	47,404	55,564	(1,631)	1999	2020
Bridgewater, NJ	1	—	6,350	13,472	158	6,467	13,513	19,980	(590)	1979	2020
Edison, NJ	1	—	—	1,390	22	—	1,412	1,412	(144)	2000	2020
Piscataway 120, NJ	1	—	—	106	36	—	142	142	(15)	1968	2020
Piscataway 5 Access, NJ	1	—	—	3,952	—	—	3,952	3,952	(374)	2018	2020
South Plainfield, NJ	1	—	5,360	20,874	937	6,116	21,055	27,171	(911)	1970 - 1974	2020
Logan Township, NJ	1	—	5,040	26,749	1,562	5,040	28,311	33,351	(791)	2009, 2015	2021
Seabrook, NJ	1	—	3,370	19,958	1,425	3,435	21,318	24,753	(642)	2002, 2004, 2018	2021
Fairmont City, IL	1	—	2,430	9,087	187	2,430	9,274	11,704	(154)	1971	2021
Reno, NV	1	—	—	608	116		724	724	(25)	1995	2021
Newark, NJ	1	—	30,390	53,163	1,336	30,390	54,499	84,889	(588)	2012, 2015	2021
Atlanta (Empire), GA	1	—	1,610	11,866	1,281	1,610	13,147	14,757	(680)	1959	2021
Benson (Hodges), NC	1	—	—	1,198	19	10	1,207	1,217	(60)	1985	2021
Carson 233rd, CA	1	—	—	1,295	184	14	1,465	1,479	(67)	2012	2021
Charlotte, NC	1	—	—	1,160	147	—	1,307	1,307	(68)	1988	2021

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Forest, MS	1	—	—	732	1,310	10	2,032	2,042	(72)	1990	2020
Goldsboro (Commerce), NC	1	—	—	594	262	9	847	856	(46)	1995	2020
Hattiesburg, MS	1	—	—	486	197	13	670	683	(27)	1995	2020
Lebanon, TN	1	—	—	883	662	—	1,545	1,545	(49)	1991	2020
Lumberton, NC	1	—	—	981	19	10	990	1,000	(60)	1982	2020
Mullica Hill, NJ	1	—	6,030	27,266	59	6,081	27,274	33,355	(1,260)	1974	2020
Oxford, AL	1	—	1,820	10,083	579	1,820	10,662	12,482	(390)	1990	2020
Pedricktown, NJ	1	—	4,670	35,584	39	4,688	35,605	40,293	(2,089)	2008	2020
Rockmart, GA	1	—	3,520	33,335	3,530	4,677	35,708	40,385	(1,679)	1991	2020
Vineland, NJ	1	—	9,580	68,734	1,430	9,580	70,164	79,744	(3,489)	1998, 2000, 2015, 2016, 2017	2020
Savannah (Pooler), GA	1	—	—	1,382	1,684	1,127	1,939	3,066	(176)	2013, 2015	2020
Summerville, SC	1	—	—	5,023	53	7	5,069	5,076	(253)	1999	2020
Atlanta (Pleasantdale), GA	1	—	11,960	70,814	(6)	12,011	70,757	82,768	(3,479)	1963	2020
Denver 2 (Brighton), CO	1	—	3,933	33,913	—	3,933	33,913	37,846	(224)	2021	2021
Canada
Cold Logic/Taber	—	—	—	12	(1)	—	11	11	(11)	1999	2009
Brampton	1	—	27,522	53,367	4,266	28,760	56,395	85,155	(4,151)	2004	2020
Calgary	1	—	5,240	36,392	10,460	6,456	45,636	52,092	(2,505)	2009	2020
Halifax Dartmouth	1	—	2,052	14,904	761	2,144	15,573	17,717	(938)	2013	2020
Halifax Thornhill	1	—	—	1,044	47	—	1,091	1,091	(1,042)	1971	2020
London	1	—	1,431	11,340	(267)	1,432	11,072	12,504	(675)	1982	2021
Mississauga (Surveyor)	1	—	—	245	—	—	245	245	(10)	1972, 1992	2021
Montreal	1	—	1,820	2,306	2	1,820	2,308	4,128	(63)	1999	2021
Australia
Arndell Park	2	—	13,489	29,428	4,292	12,173	35,036	47,209	(12,553)	1989/1994	2009
Laverton	2	—	13,689	28,252	9,618	12,354	39,205	51,559	(13,802)	1997/1998	2009
Murarrie	3	—	10,891	18,975	(824)	9,829	19,213	29,042	(7,537)	1972/2003	2009
Prospect/ASC Corporate	2	—	—	1,187	20,579	7,582	14,184	21,766	(5,740)	1985	2009

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Spearwood	1	—	7,194	10,990	(33)	6,492	11,659	18,151	(5,277)	1978	2009
Lago	1	—	18,478	32,520	(212)	18,266	32,520	50,786	(219)	1966	2021
Hemmant (Doboy)	1	—	9,738	10,072	85	8,372	11,523	19,895	(1,504)	1996	2020
New Zealand
Dalgety	1	—	6,047	5,531	40,191	12,159	39,610	51,769	(3,300)	1988	2009
Diversey	1	—	2,357	5,966	1,687	2,491	7,519	10,010	(2,485)	1988	2009
Halwyn Dr	1	—	5,227	3,399	1,178	5,524	4,280	9,804	(1,889)	1992	2009
Mako Mako	1	—	1,332	3,810	934	1,408	4,668	6,076	(1,504)	2000	2009
Manutapu/Barber Akld	1	—	—	343	214	—	557	557	(607)	2004	2009
Paisley	2	—	—	185	3,088	—	3,273	3,273	(524)	1984	2009
Smarts Rd	1	—	—	247	1,045	—	1,292	1,292	(931)	1984	2009
Argentina
Mercado Central - Buenos Aires, ARG	1	—	—	4,984	(2,554)	—	2,430	2,430	(2,720)	1996/1999	2009
Pilar - Buenos Aires, ARG	1	—	706	2,586	(2,348)	689	255	944	(78)	2000	2009
Chile
Santiago	1	9,761	23,020	11,558	(4,985)	19,573	10,020	29,593	(674)	1995	2000
Netherlands
Barneveld	2	—	15,410	27,472	(2,559)	14,343	25,980	40,323	(753)	1986 1995	2020
Urk	2	—	7,100	31,014	(2,579)	6,608	28,927	35,535	(966)	1994, 2001	2020
Rotterdam (Westland)	1	—	20,910	26,637	(3,811)	19,168	24,568	43,736	(892)	1976, 1974, 2007, 2016	2020
Rotterdam (Maasvlakte)	1	—	540	15,746	(2,442)	503	13,341	13,844	(504)	2016	2020
Austria
Vienna	1	—	280	26,515	(1,759)	311	24,725	25,036	(778)	1979	2020
Ireland
Castleblayney	2	—	6,170	22,244	(1,415)	5,842	21,157	26,999	(713)	1976, 1994	2020
Dublin	1		3,560	11,878	(268)	3,372	11,798	15,170	(357)	2018	2020
Portugal
Lisbon	1	—	7,385	29,538	(1,528)	7,028	28,367	35,395	(802)	1993	2020
Porto	1	—	6,409	17,340	(1,648)	5,965	16,136	22,101	(456)	2006	2020
Sines	1	—	130	2,311	(120)	121	2,200	2,321	(64)	2016	2020

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Spain
Algeciras	1	—	101	11,948	(498)	116	11,435	11,551	(192)	1978	2020
Barcelona	1	—	16,340	28,524	(2,590)	15,173	27,101	42,274	(945)	1989, 2008	2020
Valencia	1	—	170	10,932	(169)	155	10,778	10,933	(307)	2005	2020
Poland
Gdansk	1	—	—	236	(17)	—	219	219	(2)	2015	2020
Great Britain
Bowman	1	—	5,916	32,815	(1,514)	5,916	31,301	37,217	(617)	2011, 2017	2021
Whitchurch			7,750	74,185	471	7,104	75,302	82,406	(2,764)	2014	2020
Northern Ireland
Lurgan	2	—	3,390	7,991	3,140	3,143	11,378	14,521	(645)	1985, 1986	2020
Total		279,306	754,711	3,547,813	671,286	807,495	4,166,315	4,973,810	(1,003,624)

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Land, buildings, and improvements in the assets under construction balance as of December 31, 2021.
US
501 Kentile, NJ		—	—	—	—	—	628	628
601 Kentile, NJ		—	—	—	—	—	226	226
Allentown, PA		—	—	—	—	—	3	3
Amarillo, TX		—	—	—	—	—	155	155
Anaheim, TX		—	—	—	—	—	88	88
Appleton, WI		—	—	—	—	—	2	2
Atlanta - East Point, GA		—	—	—	—	—	15	15
Atlanta - Gateway, GA		—	—	—	—	—	22,539	22,539
Atlanta - Lakewood, GA		—	—	—	—	—	69	69
Atlanta - Skygate, GA		—	—	—	—	—	—	—
Atlanta - Tradewater, GA		—	—	—	—	—	4,003	4,003
Atlanta - Empire, GA		—	—	—	—	—	85	85
Atlanta - Pleasantdale, GA		—	—	—	—	—	377	377
Atlanta - Corporate, GA		—	—	—	—	—	1,517	1,517
Belvidere, IL		—	—	—	—	—	144	144
Benson (Hodges), NC		—	—	—	—	—	532	532
Birmingham, AL		—	—	—	—	—	72	72
Brighton (Denver, CO)		—	—	—	—	—	1,400	1,400
Burley, ID		—	—	—	—	—	263	263
Carson 233rd, CA		—	—	—	—	—	78	78
Carthage, MO		—	—	—	—	—	231	231
Chambersburg, PA		—	—	—	—	—	58	58
Charlotte, NC		—	—	—	—	—	9	9
Chesapeake, VA		—	—	—	—	—	(9)	(9)
City of Industry, CA		—	—	—	—	—	337	337
Clearfield, UT		—	—	—	—	—	672	672
Clearfield 2, UT		—	—	—	—	—	569	569
Columbia, SC		—	—	—	—	—	81	81
Dominguez Hills, CA		—	—	—	—	—	149	149
Dunkirk, NY		—	—	—	—	—	25,169	25,169

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Fairfield, OH		—	—	—	—	—	26	26
Forest, MS		—	—	—	—	—	10	10
Fort Smith, AK		—	—	—	—	—	53	53
Fort Worth - Samuels, TX		—	—	—	—	—	493	493
Ft. Worth - Meacham, TX		—	—	—	—	—	324	324
Gadsden, AL		—	—	—	—	—	7	7
Gaffney, SC		—	—	—	—	—	16	16
Gloucester, MA		—	—	—	—	—	321	321
Goldsboro Commerce, PA		—	—	—	—	—	522	522
Gouldsboro, PA		—	—	—	—	—	182	182
Grand Prairie, TX		—	—	—	—	—	651	651
Green Bay, WI		—	—	—	—	—	101	101
Hatfield, PA		—	—	—	—	—	175	175
Henderson, NV		—	—	—	—	—	26	26
Indianapolis, IN		—	—	—	—	—	1,188	1,188
Jefferson, WI		—	—	—	—	—	17	17
Johnson, AR		—	—	—	—	—	123	123
Lancaster, PA		—	—	—	—	—	485	485
Leesport, PA		—	—	—	—	—	40	40
Logan Township, NJ		—	—	—	—	—	1,491	1,491
Lynden, WA		—	—	—	—	—	402	402
Manchester, PA		—	—	—	—	—	93	93
Manly, IA		—	—	—	—	—	2	2
Mansfield, Tx		—	—	—	—	—	197	197
Modesto, CA		—	—	—	—	—	217	217
Montgomery, AL		—	—	—	—	—	141	141
Mountville (Lancaster), PA		—	—	—	—	—	132,283	132,283
Murfreesboro, TN		—	—	—	—	—	786	786
New Ulm, MN		—	—	—	—	—	856	856
Newark, NJ		—	—	—	—	—	34	34
Newport, MN		—	—	—	—	—	162	162
North Little Rock, AR		—	—	—	—	—	57	57
Ontario, CA		—	—	—	—	—	36	36

			Initial Costs			Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation (1) (6) (5)	Date of Construction	Date of Acquisition
Ontario, OR		—	—	—	—	—	556	556
Pendergrass, GA		—	—	—	—	—	52	52
Perryville, MD		—	—	—	—	—	7	7
Piedmont, SC		—	—	—	—	—	17	17
Plainville, CT		—	—	—	—	—	130,604	130,604
Plover, WI		—	—	—	—	—	40	40
Rochelle, IL		—	—	—	—	—	40	40
Rochelle Caron, IL		—	—	—	—	—	2,189	2,189
Rockmart, TN		—	—	—	—	—	24	24
Russellville ElMira, AR		—	—	—	—	—	50,378	50,378
Salem, OR		—	—	—	—	—	20	20
Salinas, CA		—	—	—	—	—	1,791	1,791
Salt Lake City, UT		—	—	—	—	—	7	7
Savannah 1, GA		—	—	—	—	—	120	120
Sebree, KY		—	—	—	—	—	22	22
Sioux City 2640, IA		—	—	—	—	—	1,074	1,074
South Plainfield, NJ		—	—	—	—	—	222	222
Atlanta - Southgate, GA		—	—	—	—	—	1,837	1,837
Strasburg, VA		—	—	—	—	—	254	254
Syracuse, NY		—	—	—	—	—	150	150
Tampa Bartow, FL		—	—	—	—	—	20	20
Tampa Maple, FL		—	—	—	—	—	42	42
Taunton, MA		—	—	—	—	—	86	86
Turlock1, CA		—	—	—	—	—	109	109
Turlock2, CA		—	—	—	—	—	183	183
Vernon 2, CA		—	—	—	—	—	14	14
Victorville, CA		—	—	—	—	—	123	123
Vineland, NJ		—	—	—	—	—	2,601	2,601
Westgate, GA		—	—	—	—	—	236	236
Wichita, KS		—	—	—	—	—	76	76
Woodburn, OR		—	—	—	—	—	188	188
Zumbrota, MN		—	—	—	—	—	30	30

				Initial Costs						Gross amount at which carried as of December 31, 2021
Property	Buildings	Encumbrances (3)		Land		Buildings and Improvements		Costs Capitalized Subsequent to Acquisition		Land		Buildings and Improvements (2)		Total (4)		Accumulated Depreciation (1) (6) (5)		Date of Construction	Date of Acquisition
Canada
Brampton		—		—		—		—		—		314		314
Calgary		—		—		—		—		—		76		76
Halifax - Dartmouth		—		—		—		—		—		8		8
Australia
Arndell Park		—		—		—		—		—		712		712
Laverton		—		—		—		—		—		1,064		1,064
Murarrie		—		—		—		—		—		179		179
Prospect		—		—		—		—		—		764		764
Spearwood		—		—		—		—		—		3,295		3,295
Hemmant (Doboy)		—		—		—		—		—		64		64
New Zealand
Dalgety		—		—		—		—		—		175		175
Diversey		—		—		—		—		—		117		117
Halwyn Dr		—		—		—		—		—		801		801
Mako Mako		—		—		—		—		—		121		121
Manutapu		—		—		—		—		—		26		26
Paisley		—		—		—		—		—		158		158
Smarts Rd		—		—		—		—		—		134		134
Europe
Barcelona, Spain		—		—		—		—		—		4,926		4,926
Dublin, Ireland		—		—		—		—		—		10,370		10,370
Rotterdam, Netherlands		—		—		—		—		—		1,217		1,217
Bowman, UK		—		—		—		—		—		322		322
Total in assets under construction		—		—		—		—		—		418,934		418,934		—
Total assets		$	279,306	$	754,711	$	3,547,813	$	671,286	$	807,495	$	4,585,250	$	5,392,744	$	(1,003,624)

Schedule III – Footnotes

(1) Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2021:
Total per Schedule III	$	(1,003,624)
Accumulated depreciation on investments in non-real estate assets	(689,450)
Total accumulated depreciation per consolidated balance sheet (property, buildings and equipment and financing leases)	$	(1,693,074)
(2) Reconciliation of total Buildings and improvements to consolidated balance sheet as of December 31, 2021:
Building and improvements per consolidated balance sheet	$	4,152,763
Building and improvements financing leases per consolidated balance sheet	13,552
Assets under construction per consolidated balance sheet	450,153
Less: personal property assets under construction	(31,218)
Total per Schedule III	$	4,585,250
(3) Reconciliation of total mortgage notes, senior unsecured notes and term loan to consolidated balance sheet caption as of December 31, 2021:
Total per Schedule III	$	279,306
Unsecured	2,175,550
Deferred financing costs, net of amortization	(11,050)
Total mortgage notes, senior unsecured notes and term loan per consolidated balance sheet*	$	2,443,806
*Total mortgage notes, senior unsecured notes, and term loan does not include $4.6M of secured notes related to the Monmouth, IL facility. Refer to footnote 17 for additional details.
(4) The aggregate cost for Federal tax purposes at December 31, 2021 of our real estate assets was approximately $4.3 billion.
(5) The life on which depreciation is computed ranges from 5 to 43 years.

(6) The following table summarizes the Company’s real estate activity and accumulated depreciation for the years ended December 31:
		2021		2020		2019
Real Estate Facilities, at Cost:
	Beginning Balance	$	5,706,760	$	3,729,589	$	2,575,367
	Capital expenditures	304,886		346,027		198,584
	Acquisitions	383,600		1,662,650		975,045
	Purchase price allocation adjustments	(198,541)		—		—
	Disposition	(3,691)		(62,225)		(7,409)
	Impairment	(1,700)		(2,153)		(12,555)
	Conversion of leased assets to owned	—		7,956		—
	Impact of foreign exchange rate changes	(56,612)		24,916		557
	Ending Balance	6,134,702		5,706,760		3,729,589
Accumulated Depreciation:
	Beginning Balance	(1,080,922)		(936,422)		(827,892)
	Depreciation expense	(201,497)		(146,237)		(114,512)
	Dispositions	1,259		8,731		6,679
	Impact of foreign exchange rate changes	3,986		(6,994)		(697)
	Ending Balance	(1,277,174)		(1,080,922)		(936,422)
Total Real Estate Facilities, Net at December 31		$	4,857,528	$	4,625,838	$	2,793,167

The total real estate facilities amounts in the table above include $157.4 million, $165.2 million, and $76.8 million of assets under sale-leaseback agreements accounted for as a financing as of December 31, 2021, 2020 and 2019, respectively. The Company does not hold title in these assets under sale-leaseback agreements. As of December 31, 2021 and 2020, the Company has no facilities classified as held for sale.

For the year ended December 31, 2021, the Company recorded a real estate impairment charge of $1.7 million within the Warehouse segment and recorded to “Assets under construction”. In 2020, the Company recognized real estate impairment charges of $2.2 million, which included, $1.2 million for costs incurred on a potential development project which the Company determined it would not move forward with, the write-off primarily related to “Assets Under Construction” on the accompanying Consolidated Balance Sheets; $0.5 million related to refrigeration assets that were subsequently deemed unusable following the sale and exit of the Boston warehouse, which primarily impacted “Machinery & Equipment” on the accompanying Consolidated Balance Sheets. The Boston facility was sold for a gain of $20.1 million, which was recorded to “gain on sale of real estate” in the accompanying Consolidated Statement of Operations, and primarily related to buildings with lesser amounts related to machinery, handling, & equipment and land; and $0.5 million related to the sale of vacant land in Waco, TX. During the first quarter of 2019, the company wrote down 75% of a facility to be partially demolished and reconstructed resulting in an impairment of $9.6 million. 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.

In March 2021, the Company acquired two facilities in connection with the Liberty Freezers acquisition, with total property, buildings and equipment of $20.9 million, along with two facilities subject to an operating lease, one of which we exited upon expiration during 2021. In May 2021, the Company acquired two facilities in connection with the KMT Brrr! acquisition, with total property, buildings and equipment of $66.6 million. Additionally, in May 2021, the Company acquired one facility in connection with the Bowman Stores acquisition, with total property, buildings and equipment of $56.5 million. In August 2021, the Company acquired one facility in connection with the ColdCo Companies acquisitions, with total property, buildings and equipment of $15.2 million, along with one facility subject to an operating lease. In September 2021, the Company acquired one facility in connection with the Newark Facility Management acquisition, with total property, buildings and equipment of $108.5 million. In November 2021, the Company acquired a recently constructed facility for $53.6 million. Additionally, in November 2021, the Company acquired one facility in connection with the Lago acquisition, with total property, buildings and equipment of $62.5 million, along with two facilities subject to an operating lease. In January 2020, the Company acquired four facilities in connection with the Nova Cold acquisition, with total property, buildings and equipment of $171.9 million. Additionally in January 2020, the Company acquired one facility in connection with the Newport acquisition, with total property, buildings and equipment of $30.2 million. In August 2020, the Company acquired 2 facilities in connection with the AM-C Warehouse acquisition, with total property, buildings and equipment of $53.2 million. Additionally in August 2020, the Company acquired a single facility in connection with the Caspers acquisition, with total property, buildings and equipment of $25.2 million. During the third quarter of 2020, the Company purchased two international facilities that were previously operated under a lease agreement for $8.1 million. During November 2020, the Company acquired eight facilities in connection with the Hall’s acquisition, with total property, buildings and equipment of $210.2 million. On December 30, 2020, the Company completed the Agro acquisition, with total property, buildings and equipment of $1.05 billion. 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 $50.1 million.

(7) Reconciliation of the Company’s real estate activity and accumulated depreciation for the years ended December 31, 2021 to Schedule III:
Total real estate facilities gross amount per Schedule III	$	5,392,744
Plus: Refrigeration equipment	741,958
Real estate facilities, at cost - ending balance	$	6,134,702
Accumulated depreciation per Schedule III	$	(1,003,624)
Plus: Refrigeration equipment	(273,550)
Accumulated depreciation - ending balance	$	(1,277,174)