SCHEDULE III — REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

December 31, 2016


		Initial Costs				Additions Subsequent to Acquisition						Cost at December 31, 2016(1)						Accumulated						Life on which depreciation in latest income statements is computed (Years)
Location	Type of Property	Land		Buildings		Improvements			Carrying Costs			Land		Buildings		Total		Depreciation		Encumbrances		Date of Construction	Date Acquired
	(Dollar amounts in thousands)
Bad Rappenau, Germany	Rehabilitation hospital	$	—	$	9,159	$	—		$	—		$	—	$	9,159	$	9,159	$	706	$	—	1994	November 30, 2013		40
Dahlen, Germany	Rehabilitation hospital		360		19,863		—			—			360		19,863		20,223		1,531		—	1996	November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		3,074		14,531		—			—			3,074		14,531		17,605		1,120		—	1960	November 30, 2013		40
Bad Liebenwerda, Germany	Rehabilitation hospital		335		17,307		—			—			335		17,307		17,642		1,334		—	1994	November 30, 2013		40
Ortenberg, Germany	Rehabilitation hospital		89		5,070		—			—			89		5,070		5,159		391		—	1981	November 30, 2013		40
Wiesbaden, Germany	Rehabilitation hospital		2,980		14,334		—			—			2,980		14,334		17,314		1,105		—	1977	November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		—		28,758		—			—			—		28,758		28,758		2,217		—	1992	November 30, 2013		40
Bad Liebenwerda, Germany	Rehabilitation hospital		522		14,469		—			—			522		14,469		14,991		1,115		—	1904, 1995	November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		705		6,337		—			—			705		6,337		7,042		488		—	1980	November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		5,649		15,597		—			—			5,649		15,597		21,246		1,202		—	1930	November 30, 2013		40
Bad Rappenau, Germany	Rehabilitation hospital		3,312		5,642		—			—			3,312		5,642		8,954		435		—	1986	November 30, 2013		40
Bad Tölz, Germany	Rehabilitation hospital		2,134		9,187		—			—			2,134		9,187		11,321		478		—	1974	November 19, 2014		40
Bad Liebenstein, Germany	Rehabilitation hospital		1,554		32,836		—			—			1,554		32,836		34,390		1,779		—	1954, 1992	November 5, 2014		40
Bad Mergentheim, Germany	Rehabilitation hospital		—		10,891		—			—			—		10,891		10,891		567		—	1988, 1995	December 11, 2014		40
Bath, UK	Acute care general hospital		1,463		30,316		—			—			1,463		30,316		31,779		1,895		—	2008, 2009	July 1, 2014		40
Ottenhöfen, Germany	Rehabilitation hospital		2,182		12,278		105			—			2,287		12,278		14,565		471		—	1956/1957	July 3, 2015		40
Bad Berka, Germany	Rehabilitation hospital		3,124		14,569		163			—			3,287		14,569		17,856		531		—	1997	July 22, 2015		40
Wiesbaden, Germany	Rehabilitation hospital		1,557		7,220		37			—			1,594		7,220		8,814		274		—	1974	June 30, 2015		40
Bad Lausick, Germany	Rehabilitation hospital		1,677		15,176		147			—			1,824		15,176		17,000		584		—	1993	June 30, 2015		40
Bad Sülze, Germany	Rehabilitation hospital		2,224		19,184		189			—			2,413		19,184		21,597		738		—	1993	June 30, 2015		40
Kurort Berggießhübel, Germany	Rehabilitation hospital		2,966		14,961		131			—			3,097		14,961		18,058		542		—	1993	July 21, 2015		40
Braunfels, Germany	Acute care general hospital		2,019		12,907		53			—			2,072		12,907		14,979		489		—	1977	June 30, 2015		40
Bernkastel-Kues, Germany	Rehabilitation hospital		3,386		14,709		42			—			3,428		14,709		18,137		525		—	1982	July 15, 2015		40
Flechtingen, Germany	Rehabilitation hospital		2,692		13,590		142			—			2,834		13,590		16,424		524		—	1993	June 30, 2015		40
Flechtingen, Germany	Rehabilitation hospital		2,692		21,291		210			—			2,902		21,291		24,193		819		—	1993-1995	June 30, 2015		40
Nordrach, Germany	Rehabilitation hospital		294		2,818		79			—			373		2,818		3,191		114		—	1960	July 7, 2015		40
Bad Gottleuba, Germany	Rehabilitation hospital		49		14,462		835			—			884		14,462		15,346		417		—	1913	December 16, 2015		40
Grünheide, Germany	Rehabilitation hospital		2,674		39,306		321			—			2,995		39,306		42,301		1,422		—	1994/2014	July 31, 2015		40
Baden-Baden, Germany	Rehabilitation hospital		1,230		8,652		121			—			1,351		8,652		10,003		337		—	1900/2002- 2003	June 30, 2015		40
Gyhum, Germany	Rehabilitation hospital		3,755		21,461		330			—			4,085		21,461		25,546		838		—	1994	June 30, 2015		40
Hannover, Germany	Rehabilitation hospital		3,081		14,562		300			—			3,381		14,562		17,943		416		—	1900 (renovations in 1997, 2000, 2009)	December 1, 2015		40
Heiligendamm, Germany	Rehabilitation hospital		4,049		25,235		200			—			4,249		25,235		29,484		966		—	1995	June 30, 2015		40
Bad Camberg, Germany	Rehabilitation hospital		1,961		14,956		252			—			2,213		14,956		17,169		586		—	1973	June 30, 2015		40
Hoppegarten, Germany	Rehabilitation hospital		3,770		23,351		231			—			4,001		23,351		27,352		849		—	1994	July 27, 2015		40
Ban Nauheim, Germany	Rehabilitation hospital		2,976		15,036		137			—			3,113		15,036		18,149		578		—	1977	June 30, 2015		40
Kalbe, Germany	Rehabilitation hospital		3,292		21,994		158			—			3,450		21,994		25,444		841		—	1995	July 6, 2015		40
Bad Soden-Salmünster, Germany	Rehabilitation hospital		904		6,276		116			—			1,020		6,276		7,296		247		—	1974	June 30, 2015		40
Berlin, Germany	Rehabilitation hospital		—		20,107		179			—			179		20,107		20,286		775		—	1998	July 16, 2015		40
Bad Lobenstein, Germany	Rehabilitation hospital		3,429		19,442		174			—			3,603		19,442		23,045		746		—	1994	June 30, 2015		40
Bernkastel-Kues, Germany	Rehabilitation hospital		757		10,926		126			—			883		10,926		11,809		422		—	1993	July 14, 2015		40
Magdeburg, Germany	Rehabilitation hospital		13,931		51,674		242			—			14,173		51,674		65,847		1,853		—	1999/2014	July 22, 2015		40
Schlangenbad, Germany	Rehabilitation hospital		1,015		3,302		258			—			1,273		3,302		4,575		150		—	1973	June 30, 2015		40
Bad Dürrheim, Germany	Rehabilitation hospital		1,346		11,038		221			—			1,567		11,038		12,605		412		—	1960-1970	July 24, 2015		40
Bad Krozingen, Germany	Rehabilitation hospital		1,425		10,392		110			—			1,535		10,392		11,927		378		—	2008	July 24, 2015		40
Bad Nauheim, Germany	Rehabilitation hospital		1,704		8,906		53			—			1,757		8,906		10,663		339		—	1972-1973	June 30, 2015		40
Bad Tennstedt, Germany	Rehabilitation hospital		3,560		26,396		195			—			3,755		26,396		30,151		1,009		—	1993	June 30, 2015		40
Wismar, Germany	Rehabilitation hospital		3,355		19,989		189			—			3,544		19,989		23,533		769		—	1996	June 30, 2015		40
Heidelberg, Germany	Rehabilitation hospital		5,757		33,689		438			—			6,195		33,689		39,884		436		—	1885/1991	June 22, 2016		40
Bad Kösen, Germany	Rehabilitation hospital		1,189		6,941		—			—			1,189		6,941		8,130		29		—	1992	October 27, 2016		40
Bad Kösen, Germany	Rehabilitation hospital		1,203		7,095		—			—			1,203		7,095		8,298		30		—	1996	October 27, 2016		40
Bad Kösen, Germany	Rehabilitation hospital		717		4,473		—			—			717		4,473		5,190		19		—	1997	October 27, 2016		40
Bad Salzdetfurth, Germany	Rehabilitation hospital		1,129		6,556		—			—			1,129		6,556		7,685		14		—	1987	November 23, 2016		40
Bad Bertrich, Germany	Rehabilitation hospital		631		3,787		—			—			631		3,787		4,418		8		—	1910,1980- 1985	November 30, 2016		40
Lübeck, Germany	Rehabilitation hospital		673		4,922		38			—			711		4,922		5,633		—		—	1900/2011	December 31, 2016		40
Vitense-Parber, Germany	Rehabilitation hospital		540		3,938		30			—			570		3,938		4,508		—		—	1800/1995	December 31, 2016		40
Breuberg-Sandbach, Germany	Rehabilitation hospital		1,554		11,485		88			—			1,642		11,485		13,127		—		—	1901/1984	December 31, 2016		40
Ravensrush, Germany	Rehabilitation hospital		407		3,199		25			—			432		3,199		3,631		—		—	1860/1992	December 31, 2016		40
Wildeck, Germany	Rehabilitation hospital		731		5,250		40			—			771		5,250		6,021		—		—	1600/2013	December 31, 2016		40
Römhild, Germany	Rehabilitation hospital		169		8,039		62			—			231		8,039		8,270		—		—	1902/2000	December 31, 2016		40
Bad Hersfield, Germany	Rehabilitation hospital		507		3,773		29			—			536		3,773		4,309		—		—	1930/2014	December 31, 2016		40
Houston, TX	Acute care general hospital		3,501		34,530		8,477			16,589			3,274		59,823		63,097		9,663		—	1960	August 10, 2007		40
Allen, TX	Freestanding ER		1,550		3,921		—			—			1,550		3,921		5,471		245		—	2014	July 14, 2014		40
San Diego, CA	Acute care general hospital		12,663		52,432		—			—			12,663		52,432		65,095		7,755		—	1973	February 9, 2011		40
Alvin, TX	Freestanding ER		105		4,087		—			—			105		4,087		4,192		258		—	2014	March 19, 2014		40
Houston, TX	Freestanding ER		950		4,576		—			—			950		4,576		5,526		29		—	2016	September 26, 2016		40
Aurora, CO	Freestanding ER		—		4,812		—			—			—		4,812		4,812		150		—	2015	September 17, 2015		40
Ft. Worth, TX	Freestanding ER		—		4,392		—			—			—		4,392		4,392		192		—	2015	March 27, 2015		40
Bayonne, NJ	Acute care general hospital		2,003		51,495		—			—			2,003		51,495		53,498		15,234		—	1918	February 4, 2011		20
Bennettsville, SC	Acute care general hospital		794		15,772		—			—			794		15,772		16,566		3,419		—	1984	April 1, 2008		40
Blue Springs, MO	Acute care general hospital		4,347		23,494		—			—			4,347		23,494		27,841		1,183		—	1980	February 13, 2015		40
Bossier City, LA	Long term acute care hospital		900		17,818		—			—			900		17,818		18,718		3,895		—	1982	April 1, 2008		40
Brighton, MA	Acute care general hospital		18,638		147,266		—			—			18,638		147,266		165,904		922		—	1917-2009	October 3, 2016		41
Brockton, MA	Acute care general hospital		18,141		66,562		—			—			18,141		66,562		84,703		526		—	1965-2010	October 3, 2016		41
Austin, TX	Freestanding ER		1,140		3,853		—			—			1,140		3,853		4,993		249		—	2014	May 29, 2014		40
Broomfield, CO	Freestanding ER		825		3,895		—			—			825		3,895		4,720		243		—	2014	July 3, 2014		40
Glendale, AZ	Freestanding ER		1,144		6,005		—			—			1,144		6,005		7,149		25		—	2016	October 21, 2016		40
New Orleans, LA	Freestanding ER		2,850		5,599		—			—			2,850		5,599		8,449		35		—	2016	September 23, 2016		40
Carrollton, TX	Acute care general hospital		729		34,342		—			—			729		34,342		35,071		1,216		—	2015	July 17, 2015		40
Cedar Hill. TX	Freestanding ER		1,122		3,644		—			—			1,122		3,644		4,766		228		—	2014	June 23, 2014		40
Spring, TX	Freestanding ER		1,310		4,203		—			—			1,310		4,203		5,513		263		—	2014	July 15, 2014		40
Chandler, AZ	Freestanding ER		—		4,783		—			—			—		4,783		4,783		199		—	2015	April 24, 2015		40
Chandler, AZ	Freestanding ER		750		3,852		—			—			750		3,852		4,602		120		—	2015	October 7, 2015		40
Cheraw, SC	Acute care general hospital		657		19,576		—			—			657		19,576		20,233		4,242		—	1982	April 1, 2008		40
Katy, TX	Freestanding ER		—		3,873		—			—			—		3,873		3,873		113		—	2015	October 21, 2015		40
Webster, TX	Long term acute care hospital		663		33,751		—			—			663		33,751		34,414		5,063		—	2004	December 21, 2010		40
Commerce City, TX	Freestanding ER		707		4,236		—			—			707		4,236		4,943		221		—	2014	December 11, 2014		40
Conroe, TX	Freestanding ER		1,338		3,712		—			—			1,338		3,712		5,050		131		—	2015	July 29, 2015		40
Converse, TX	Freestanding ER		750		4,423		—			—			750		4,423		5,173		194		—	2015	April 10, 2015		40
The Woodlands, TX	Freestanding ER		—		4,740		—			—			—		4,740		4,740		89		—	2016	March 28, 2016		40
Dallas, TX	Long term acute care hospital		1,000		13,589		—			368			1,421		13,536		14,957		3,496		—	2006	September 5, 2006		40
Denver, CO	Freestanding ER		—		4,276		—			—			—		4,276		4,276		169		—	2015	June 8, 2015		40
DeSoto, TX	Freestanding ER		750		4,569		—			—			750		4,569		5,319		67		—	2016	May 23, 2016		40
DeSoto, TX	Long term acute care hospital		1,067		10,701		86			8			1,161		10,701		11,862		1,476		—	2008	July 18, 2011		40
Detroit, MI	Long term acute care hospital		1,220		8,687		—			(365	)		1,220		8,322		9,542		1,862		—	1956	May 22, 2008		40
San Antonio, TX	Freestanding ER		—		5,157		—			—			—		5,157		5,157		11		—	2016	December 9, 2016		40
Dulles, TX	Freestanding ER		1,076		3,784		—			—			1,076		3,784		4,860		220		—	2014	September 12, 2014		40
Houston, TX	Freestanding ER		1,345		3,678		—			—			1,345		3,678		5,023		230		—	2014	June 20, 2014		40
Fairmont, CA	Acute care general hospital		1,000		12,301		3,928			—			1,277		15,952		17,229		857		—	1939,1972,1985	September 19, 2014		40
Fall River, MA	Acute care general hospital		2,406		82,358		—			—			2,406		82,358		84,764		526		—	1950-2012	October 3, 2016		41
Firestone, TX	Freestanding ER		495		3,963		—			—			495		3,963		4,458		256		—	2014	June 6, 2014		40
Florence, AZ	Acute care general hospital		900		28,462		105			—			900		28,567		29,467		3,388		—	2012	February 7, 2012		40
Fort Lauderdale, FL	Rehabilitation hospital		3,499		21,939		—			1			3,499		21,940		25,439		4,763		—	1985	April 22, 2008		40
Fountain, CO	Freestanding ER		1,508		4,131		—			—			1,508		4,131		5,639		250		—	2014	July 31, 2014		40
Frisco, TX	Freestanding ER		—		4,735		—			—			—		4,735		4,735		99		—	2016	March 4, 2016		40
Frisco, TX	Freestanding ER		2,441		4,474		—			—			2,441		4,474		6,915		130		—	2015	November 13, 2015		40
Frisco, TX	Freestanding ER		1,500		3,863		27			(89	)		1,411		3,890		5,301		251		—	2014	June 13, 2014		40
Garden Grove, CA	Acute care general hospital		5,502		10,748		—			51			5,502		10,799		16,301		2,196		—	1982	November 25, 2008		40
Garland, TX	Freestanding ER		—		4,954		—			—			—		4,954		4,954		21		—	2016	November 15, 2016		40
Garden Grove, CA	Medical Office Building		862		7,888		—			28			862		7,916		8,778		1,603		—	1982	November 25, 2008		40
Gilbert, AZ	Acute care general hospital		150		15,553		—			—			150		15,553		15,703		2,333		—	2005	January 4, 2011		40
Gilbert, AZ	Freestanding ER		1,518		4,660		—			—			1,518		4,660		6,178		165		—	2015	July 22, 2015		40
Glendale, AZ	Freestanding ER		—		4,046		—			—			—		4,046		4,046		160		—	2015	June 5, 2015		40
Goodyear, AZ	Freestanding ER		1,800		4,709		—			—			1,800		4,709		6,509		88		—	2016	April 4, 2016		40
Hartsville, SC	Acute care general hospital		2,050		43,970		—			—			2,050		43,970		46,020		957		—	1999	August 31, 2015		34
Hausman, TX	Acute care general hospital		1,500		8,958		—			—			1,500		8,958		10,458		835		—	2013	March 1, 2013		40
Helotes, TX	Freestanding ER		1,900		5,297		—			—			1,900		5,297		7,197		110		—	2016	March 10, 2016		40
Highland Village, TX	Freestanding ER		—		4,016		—			—			—		4,016		4,016		126		—	2015	September 22, 2015		40
Hill County, TX	Acute care general hospital		1,120		17,882		—			—			1,120		17,882		19,002		7,492		—	1980	September 17, 2010		40
Hoboken, NJ	Acute care general hospital		1,387		44,351		—			—			1,387		44,351		45,738		11,394		—	1863	November 4, 2011		20
Hoover, AL	Freestanding ER		—		7,581		—			—			—		7,581		7,581		369		—	2015	May 1, 2015		34
Hoover, AL	Medical Office Building		—		1,034		—			—			—		1,034		1,034		50		—	2015	May 1, 2015		34
Hot Springs, AR	Acute care general hospital		7,100		59,432		19,113			—			7,100		78,545		85,645		2,480		—	1985	August 31, 2015		40
Highlands Ranch, CO	Freestanding ER		4,200		4,763		—			—			4,200		4,763		8,963		50		—	2016	July 25, 2016		40
Idaho Falls, ID	Acute care general hospital		1,822		37,467		—			4,665			1,822		42,132		43,954		9,086		—	2002	April 1, 2008		40
Kansas City, MO	Acute care general hospital		10,497		64,419		—			—			10,497		64,419		74,916		3,146		—	1978	February 13, 2015		40
Katy, TX	Freestanding ER		—		4,671		—			—			—		4,671		4,671		29		—	2016	October 10, 2016		40
Camden, SC	Acute care general hospital		—		22,739		—			—			—		22,739		22,739		384		—	1954-2004	October 30, 2015		20
Lafayette, IN	Rehabilitation hospital		800		14,968		(25	)		—			800		14,943		15,743		1,450		—	2013	February 1, 2013		40
Little Elm, TX	Freestanding ER		1,241		3,491		—			—			1,241		3,491		4,732		266		—	2013	December 1, 2013		40
Longmont, CO	Freestanding ER		—		4,770		—			—			—		4,770		4,770		109		—	2016	February 10, 2016		40
Lubbock, TX	Rehabilitation hospital		1,376		28,292		705			—			1,376		28,997		30,373		1,072		—	2008	June 16, 2015		40
Mandeville, LA	Freestanding ER		2,800		5,004		—			—			2,800		5,004		7,804		21		—	2016	October 28, 2016		40
Marrero, LA	Freestanding ER		—		5,756		—			—			—		5,756		5,756		72		—	2016	July 15, 2016		40
McKinney, TX	Freestanding ER		—		4,060		—			—			—		4,060		4,060		193		—	2015	July 31, 2015		30
McMinnville, OR	Acute care general hospital		5,000		97,900		—			—			5,000		97,900		102,900		1,663		—	1996	August 31, 2015		41
Mesa, AZ	Acute care general hospital		4,900		97,980		2,242			—			7,142		97,980		105,122		8,576		—	2007	September 26, 2013		40
Methuen, MA	Acute general care hospital		23,809		89,505		—			—			23,809		89,505		113,314		638		—	1950-2011	October 3, 2016		41
Bloomington, IN	Acute care general hospital		2,392		28,212		5,000			408			2,392		33,620		36,012		8,483		—	2006	August 8, 2006		40
Montclair, NJ	Acute care general hospital		7,900		99,632		585			—			8,477		99,640		108,117		7,152		—	1920-2000	April 1, 2014		40
Muskogee, OK	Acute care general hospital		1,420		51,953		—			—			1,420		51,953		53,373		1,046		—	1959,2009	August 31, 2015		30
San Antonio, TX	Freestanding ER		351		3,952		—			—			351		3,952		4,303		271		—	2014	January 1, 2014		40
Houston, TX	Acute care general hospital		4,757		56,238		(37	)		1,259			5,427		56,790		62,217		14,270		—	2006	December 1, 2006		40
Colorado Springs, CO	Freestanding ER		600		4,231		—			—			600		4,231		4,831		274		—	2014	June 5, 2014		40
Northland, MO	Long term acute care hospital		834		17,182		—			—			834		17,182		18,016		2,542		13,101	2007	February 14, 2011		40
Altoona, WI	Acute care general hospital		—		29,062		—			—			—		29,062		29,062		1,695		—	2014	August 31, 2014		40
Ogden, UT	Rehabilitation hospital		1,759		16,414		—			—			1,759		16,414		18,173		1,150		—	2014	March 1, 2014		40
Olympia, WA	Acute care general hospital		7,220		89,348		—			—			7,220		89,348		96,568		993		—	1984	July 22, 2016		40
Overlook, TX	Acute care general hospital		2,452		9,666		7			—			2,452		9,673		12,125		926		—	2012	February 1, 2013		40
San Diego, CA	Acute care general hospital		6,550		15,653		—			77			6,550		15,730		22,280		3,799		—	1964	May 9, 2007		40
Parker, CO	Freestanding ER		1,301		4,448		—			—			1,301		4,448		5,749		130		—	2015	November 6, 2015		40
Pearland, TX	Freestanding ER		1,075		3,577		—			—			1,075		3,577		4,652		209		—	2014	September 8, 2014		40
Petersburg, VA	Rehabilitation hospital		1,302		9,121		—			—			1,302		9,121		10,423		1,938		—	2006	July 1, 2008		40
Plano, TX	Freestanding ER		—		5,060		—			—			—		5,060		5,060		32		—	2016	September 30, 2016		40
Poplar Bluff, MO	Acute care general hospital		2,659		38,694		—			1			2,660		38,694		41,354		8,400		—	1980	April 22, 2008		40
Port Arthur, TX	Acute care general hospital		3,000		72,341		1,062			—			4,062		72,341		76,403		6,071		—	2005	September 26, 2013		40
Port Huron, MI	Acute care general hospital		3,029		14,622		—			—			3,029		14,622		17,651		490		—	1953, 1973-1983	December 31, 2015		40
Portland, OR	Long term acute care hospital		3,085		17,859		—			2,559			3,071		20,432		23,503		4,897		—	1964	April 18, 2007		40
Post Falls, ID	Rehabilitation hospital		417		12,175		1,905			—			767		13,730		14,497		1,039		—	2013	December 31, 2013		40
San Antonio, TX	Freestanding ER		—		4,837		—			—			—		4,837		4,837		20		—	2016	October 27, 2016		40
Redding, CA	Acute care general hospital		1,555		53,863		—			13			1,555		53,876		55,431		12,692		—	1974	August 10, 2007		40
Redding, CA	Long term acute care hospital		—		19,952		—			4,360			1,629		22,683		24,312		6,406		—	1991	June 30, 2005		40
Rosenberg, TX	Freestanding ER		—		4,731		—			—			—		4,731		4,731		118		—	2016	January 15, 2016		40
San Dimas, CA	Acute care general hospital		6,160		6,839		—			34			6,160		6,873		13,033		1,390		—	1972	November 25, 2008		40
San Dimas, CA	Medical Office Building		1,915		5,085		—			18			1,915		5,103		7,018		1,033		—	1979	November 25, 2008		40
Sherman, TX	Acute care general hospital		4,491		24,802		—			—			4,491		24,802		29,293		1,418		—	1913, 1960- 2010	October 31, 2014		40
Sienna, TX	Freestanding ER		999		3,591		—			—			999		3,591		4,590		209		—	2014	August 20, 2014		40
Spartanburg, SC	Rehabilitation hospital		1,135		15,717		—			—			1,135		15,717		16,852		1,325		—	2013	August 1, 2013		40
Houston, TX	Freestanding ER		1,423		3,770		—			—			1,423		3,770		5,193		173		—	2015	February 18, 2015		40
Taunton, MA	Acute care general hospital		4,428		73,433		—			—			4,428		73,433		77,861		488		—	1940-2015	October 3, 2016		41
Thornton, CO	Freestanding ER		1,350		4,259		—			—			1,350		4,259		5,609		248		—	2014	August 29, 2014		40
Toledo, OH	Rehabilitation hospital		—		17,740		—			—			—		17,740		17,740		333		—	2016	April 1, 2016		40
Tomball, TX	Long term acute care hospital		1,299		23,982		—			—			1,299		23,982		25,281		3,597		—	2005	December 21, 2010		40
Houston, TX	Acute care general hospital		4,047		41,914		—			—			4,047		41,914		45,961		524		—	2016	July 7, 2016		40
League City, TX	Freestanding ER		—		3,901		—			—			—		3,901		3,901		146		—	2015	June 19, 2015		40
Anaheim, CA	Acute care general hospital		1,875		21,814		—			10			1,875		21,824		23,699		5,547		—	1964	November 8, 2006		40
West Monroe, LA	Acute care general hospital		12,000		69,433		552			—			12,552		69,433		81,985		5,822		—	1962	September 26, 2013		40
San Antonio, TX	Acute care general hospital		2,248		5,880		—			—			2,248		5,880		8,128		609		—	2012	October 2, 2012		40
West Valley City, UT	Acute care general hospital		5,516		58,314		2,036			(114	)		5,402		60,350		65,752		12,716		—	1980	April 22, 2008		40
Wichita, KS	Rehabilitation hospital		1,019		18,373		—			1			1,019		18,374		19,393		4,018		—	1992	April 4, 2008		40

		$	403,141	$	3,482,455	$	52,564		$	29,882		$	417,368	$	3,550,674	$	3,968,042	$	292,786	$	13,101

(1)	The aggregate cost for federal income tax purposes is $4,471,179.

The changes in total real estate assets (excluding construction in progress, intangible lease assets, investment in direct financing leases, and mortgage loans) are as follows for the years ended (in thousands):


	December 31, 2016			December 31, 2015			December 31, 2014
COST
Balance at beginning of period	$	2,991,590		$	2,040,727		$	1,733,194
Acquisitions		745,948			975,239			263,811
Transfers from construction in progress		163,080			23,163			41,772
Additions		33,279			7,376			84,831
Dispositions		(138,886	)		(24,701	)		(56,590	)
Other		173,031			(30,214	)		(26,291	)

Balance at end of period	$	3,968,042		$	2,991,590		$	2,040,727

The changes in accumulated depreciation are as follows for the years ended (in thousands):


	December 31, 2016			December 31, 2015			December 31, 2014
ACCUMULATED DEPRECIATION
Balance at beginning of period	$	232,675		$	181,441		$	144,235
Depreciation		81,010			60,796			46,935
Depreciation on disposed property		(19,086	)		(8,887	)		(9,213	)
Other		(1,813	)		(675	)		(516	)

Balance at end of period	$	292,786		$	232,675		$	181,441