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Schedule III Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2012
Schedule III Real Estate and Accumulated Depreciation  
Schedule III Real Estate and Accumulated Depreciation

Schedule III
Real Estate and Accumulated Depreciation

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Costs Capitalized

 

Gross Amount Carried at

 

 

 

 

 

 

 

 

 

 

 

Initial Cost

 

Subsequent to Acquisition

 

December 31, 2012

 

 

 

Year

 

 

 

 

 

 

 

 

 

Building and

 

 

 

Building and

 

 

 

Building and

 

 

 

Accumulated Depreciation

 

Acquired

 

Property Name

 

Location

 

Encumbrances

 

Land

 

Improvements

 

Land

 

Improvements

 

Land

 

Improvements

 

Total

 

at December 31, 2012

 

or Leased

 

 

 

(In thousands)

 

SV1

 

San Jose, CA

 

$

59,750

 

$

6,863

 

$

91,719

 

$

 

$

15,023

 

$

6,863

 

$

106,742

 

$

113,605

 

$

7,342

 

2010

 

SV2

 

Milpitas, CA

 

 

5,086

 

5,046

 

 

17,502

 

5,086

 

22,548

 

27,634

 

8,073

 

2006

 

SV3

 

Santa Clara, CA

 

 

3,972

 

3,482

 

 

41,731

 

3,972

 

45,213

 

49,185

 

11,246

 

2007

 

SV4

 

Santa Clara, CA

 

 

4,442

 

3,716

 

 

79,920

 

4,442

 

83,636

 

88,078

 

3,136

 

2007

 

Santa Clara Campus

 

Santa Clara, CA

 

 

11,486

 

9,240

 

1,131

 

4,088

 

12,617

 

13,328

 

25,945

 

2,115

 

2007

 

BO1

 

Somerville, MA

 

 

6,100

 

26,748

 

 

43,652

 

6,100

 

70,400

 

76,500

 

18,682

 

2007

 

NY1

 

New York, NY

 

 

 

 

 

31,292

 

 

31,292

 

31,292

 

9,199

 

2007

 

VA1

 

Reston, VA

 

 

12,100

 

32,939

 

 

74,783

 

12,100

 

107,722

 

119,822

 

17,901

 

2007

 

DC1

 

Washington, DC

 

 

 

4,797

 

 

1,996

 

 

6,793

 

6,793

 

1,197

 

2010

 

CH1

 

Chicago, IL

 

 

5,493

 

49,522

 

 

25,921

 

5,493

 

75,443

 

80,936

 

6,008

 

2010

 

LA1

 

Los Angeles, CA

 

 

 

41,099

 

 

10,735

 

 

51,834

 

51,834

 

8,505

 

2010

 

LA2

 

Los Angeles, CA

 

 

28,467

 

94,114

 

 

21,155

 

28,467

 

115,269

 

143,736

 

10,102

 

2010

 

MI1

 

Miami, FL

 

 

728

 

9,325

 

 

432

 

728

 

9,757

 

10,485

 

964

 

2010

 

DE1

 

Denver, CO

 

 

 

37

 

 

 

232

 

 

269

 

269

 

18

 

2012

 

DE2

 

Denver, CO

 

 

 

4

 

 

 

5

 

 

9

 

9

 

2

 

2012

 

 

 

Total

 

$

59,750

 

$

84,737

 

$

371,788

 

$

1,131

 

$

368,467

 

$

85,868

 

$

740,255

 

$

826,123

 

$

104,490

 

 

 

 

The aggregate cost of the total properties for federal income tax purposes was approximately $812.2 million (unaudited) at December 31, 2012.

 

See accompanying report of independent registered public accounting firm.

 

 

 Schedule III

 Real Estate and Accumulated Depreciation

 December 31, 2012

 

The following table reconciles the historical cost and accumulated depreciation of the CoreSite Realty Corporation properties for the years ended December 31, 2012, 2011 and 2010:

 

 

 

2012

 

2011

 

2010

 

 

 

 

 

(In thousands)

 

 

 

Property

 

 

 

 

 

 

 

Balance, beginning of period

 

$

738,596

 

$

622,622

 

$

234,262

 

Additions - property acquisitions

 

 

 

332,128

 

Additions - improvements

 

87,527

 

115,974

 

56,232

 

Balance, end of period

 

$

826,123

 

$

738,596

 

$

622,622

 

 

 

 

 

 

 

 

 

Accumulated Depreciation

 

 

 

 

 

 

 

Balance, beginning of period

 

$

64,428

 

$

32,943

 

$

16,207

 

Additions - depreciation, net of disposals

 

40,062

 

31,485

 

16,736

 

Balance, end of period

 

$

104,490

 

$

64,428

 

$

32,943

 

 

See accompanying report of independent registered public accounting firm.