SCHEDULE III — REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

December 31, 2017


		Initial Costs				Additions Subsequent to Acquisition						Cost at December 31, 2017(1)						Accumulated							Life on which depreciation in latest income statements is computed (Years)
Location	Type of Property	Land		Buildings		Improve- ments			Carrying Costs			Land		Buildings		Total		Depreciation		Encum- brances		Date of Construction		Date Acquired
	(Dollar amounts in thousands)
Bad Rappenau, Germany	Rehabilitation hospital	$	—	$	10,455	$	—		$	—		$	—	$	10,455	$	10,455	$	1,067	$	—	1994		November 30, 2013		40
Dahlen, Germany	Rehabilitation hospital		411		22,674		—			—			411		22,674		23,085		2,315		—	1996		November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		3,509		16,587		—			—			3,509		16,587		20,096		1,693		—	1960		November 30, 2013		40
Bad Liebenwerda, Germany	Rehabilitation hospital		383		19,755		—			—			383		19,755		20,138		2,017		—	1994		November 30, 2013		40
Ortenberg, Germany	Rehabilitation hospital		101		5,787		—			—			101		5,787		5,888		591		—	1981		November 30, 2013		40
Wiesbaden, Germany	Rehabilitation hospital		3,402		16,362		—			—			3,402		16,362		19,764		1,670		—	1977		November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		—		32,826		—			—			—		32,826		32,826		3,351		—	1992		November 30, 2013		40
Bad Liebenwerda, Germany	Rehabilitation hospital		595		16,516		—			—			595		16,516		17,111		1,686		—	1904, 1995		November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		805		7,234		—			—			805		7,234		8,039		738		—	1980		November 30, 2013		40
Bad Dürkheim, Germany	Rehabilitation hospital		6,448		17,804		—			—			6,448		17,804		24,252		1,818		—	1930		November 30, 2013		40
Bad Rappenau, Germany	Rehabilitation hospital		3,780		6,440		—			—			3,780		6,440		10,220		657		—	1986		November 30, 2013		40
Bad Tölz, Germany	Rehabilitation hospital		2,436		10,273		214			—			2,436		10,487		12,923		808		—	1974		November 19, 2014		40
Bad Liebenstein, Germany	Rehabilitation hospital		1,774		37,482		—			—			1,774		37,482		39,256		2,967		—	1954, 1992		November 5, 2014		40
Bad Mergentheim, Germany	Rehabilitation hospital		—		12,432		—			—			—		12,432		12,432		958		—	1988, 1995		December 11, 2014		40
Bath, UK	Acute care general hospital		1,602		33,197		—			—			1,602		33,197		34,799		2,906		—	2008, 2009		July 1, 2014		40
Ottenhöfen, Germany	Rehabilitation hospital		2,490		14,015		120			—			2,610		14,015		16,625		896		—	1956/1957		July 3, 2015		40
Bad Berka, Germany	Rehabilitation hospital		3,565		16,630		186			—			3,751		16,630		20,381		1,035		—	1997		July 22, 2015		40
Wiesbaden, Germany	Rehabilitation hospital		1,776		8,242		3,104			—			1,818		11,304		13,122		562		—	1974		June 30, 2015		40
Bad Lausick, Germany	Rehabilitation hospital		1,914		17,324		168			—			2,082		17,324		19,406		1,111		—	1993		June 30, 2015		40
Bad Sülze, Germany	Rehabilitation hospital		2,538		21,899		216			—			2,754		21,899		24,653		1,405		—	1993		June 30, 2015		40
Kurort Berggießhübel, Germany	Rehabilitation hospital		3,385		17,078		150			—			3,535		17,078		20,613		1,057		—	1993		July 21, 2015		40
Braunfels, Germany	Acute care general hospital		2,305		14,733		60			—			2,365		14,733		17,098		931		—	1977		June 30, 2015		40
Bernkastel-Kues, Germany	Rehabilitation hospital		3,866		16,790		48			—			3,914		16,790		20,704		1,022		—	1982		July 15, 2015		40
Flechtingen, Germany	Rehabilitation hospital		3,073		15,513		162			—			3,235		15,513		18,748		997		—	1993		June 30, 2015		40
Flechtingen, Germany	Rehabilitation hospital		3,073		24,303		240			—			3,313		24,303		27,616		1,559		—	1993-1995		June 30, 2015		40
Nordrach, Germany	Rehabilitation hospital		336		3,216		90			—			426		3,216		3,642		216		—	1960		July 7, 2015		40
Bad Gottleuba, Germany	Rehabilitation hospital		57		16,508		954			—			1,011		16,508		17,519		953		—	1913		December 16, 2015		40
Grünheide, Germany	Rehabilitation hospital		3,053		44,867		366			—			3,419		44,867		48,286		2,770		—	1994/2014		July 31, 2015		40
Baden-Baden, Germany	Rehabilitation hospital		1,405		9,876		138			—			1,543		9,876		11,419		640		—	1900/2002- 2003		June 30, 2015		40
Gyhum, Germany	Rehabilitation hospital		4,286		24,497		377			—			4,663		24,497		29,160		1,594		—	1994		June 30, 2015		40
Hannover, Germany	Rehabilitation hospital		3,518		16,622		342			—			3,860		16,622		20,482		913		—	1900 (renovations in 1997, 2000, 2009)		December 1, 2015		40
Heiligendamm, Germany	Rehabilitation hospital		4,622		28,805		228			—			4,850		28,805		33,655		1,838		—	1995		June 30, 2015		40
Bad Camberg, Germany	Rehabilitation hospital		2,240		17,072		3,717			—			2,527		20,502		23,029		1,160		—	1973		June 30, 2015		40
Hoppegarten, Germany	Rehabilitation hospital		4,304		26,655		264			—			4,568		26,655		31,223		1,653		—	1994		July 27, 2015		40
Ban Nauheim, Germany	Rehabilitation hospital		3,397		17,163		156			—			3,553		17,163		20,716		1,099		—	1977		June 30, 2015		40
Kalbe, Germany	Rehabilitation hospital		3,758		25,106		180			—			3,938		25,106		29,044		1,599		—	1995		July 6, 2015		40
Bad Soden-Salmünster, Germany	Rehabilitation hospital		1,032		7,164		132			—			1,164		7,164		8,328		470		—	1974		June 30, 2015		40
Berlin, Germany	Rehabilitation hospital		—		22,952		204			—			204		22,952		23,156		1,509		—	1998		July 16, 2015		40
Bad Lobenstein, Germany	Rehabilitation hospital		3,914		22,192		198			—			4,112		22,192		26,304		1,420		—	1994		June 30, 2015		40
Bernkastel-Kues, Germany	Rehabilitation hospital		864		12,471		144			—			1,008		12,471		13,479		803		—	1993		July 14, 2015		40
Magdeburg, Germany	Rehabilitation hospital		15,901		58,985		276			—			16,177		58,985		75,162		3,608		—	1999/2014		July 22, 2015		40
Schlangenbad, Germany	Rehabilitation hospital		1,159		3,770		294			—			1,453		3,770		5,223		285		—	1973		June 30, 2015		40
Bad Dürrheim, Germany	Rehabilitation hospital		1,537		12,599		252			—			1,789		12,599		14,388		802		—	1960-1970		July 24, 2015		40
Bad Krozingen, Germany	Rehabilitation hospital		1,627		11,863		126			—			1,753		11,863		13,616		737		—	2008		July 24, 2015		40
Bad Nauheim, Germany	Rehabilitation hospital		1,945		10,166		60			—			2,005		10,166		12,171		645		—	1972-1973		June 30, 2015		40
Bad Tennstedt, Germany	Rehabilitation hospital		4,064		30,130		222			—			4,286		30,130		34,416		1,920		—	1993		June 30, 2015		40
Wismar, Germany	Rehabilitation hospital		3,830		22,817		216			—			4,046		22,817		26,863		1,462		—	1996		June 30, 2015		40
Heidelberg, Germany	Rehabilitation hospital		6,705		38,743		78			—			6,783		38,743		45,526		1,461		—	1885/1991		June 22, 2016		40
Bad Kösen, Germany	Rehabilitation hospital		840		8,380		60			—			900		8,380		9,280		249		—	1992		October 27, 2016		40
Bad Kösen, Germany	Rehabilitation hospital		943		8,026		504			—			1,447		8,026		9,473		273		—	1996		October 27, 2016		40
Bad Kösen, Germany	Rehabilitation hospital		486		5,024		414			—			900		5,024		5,924		179		—	1997		October 27, 2016		40
Bad Salzdetfurth, Germany	Rehabilitation hospital		1,122		7,595		54			—			1,176		7,595		8,771		210		—	1987		November 23, 2016		40
Bad Bertrich, Germany	Rehabilitation hospital		546		4,424		72			—			618		4,424		5,042		125		—	1910,1980- 1985		November 30, 2016		40
Lübeck, Germany	Rehabilitation hospital		1,164		5,235		30			—			1,194		5,235		6,429		133		—	1900/2011		December 31, 2016		40
Vitense-Parber, Germany	Rehabilitation hospital		864		4,197		84			—			948		4,197		5,145		111		—	1800/1995		December 31, 2016		40
Breuberg-Sandbach, Germany	Rehabilitation hospital		804		13,872		306			—			1,110		13,872		14,982		367		—	1901/1984		December 31, 2016		40
Ravensrush, Germany	Rehabilitation hospital		1,062		2,993		90			—			1,152		2,993		4,145		81		—	1860/1992		December 31, 2016		40
Wildeck, Germany	Rehabilitation hospital		846		5,961		66			—			912		5,961		6,873		153		—	1600/2013		December 31, 2016		40
Römhild, Germany	Rehabilitation hospital		107		9,603		240			—			347		9,603		9,950		264		—	1902/2000		December 31, 2016		40
Bad Hersfield, Germany	Rehabilitation hospital		438		4,385		96			—			534		4,385		4,919		116		—	1930/2014		December 31, 2016		40
Bad Dürkheim, Germany	Rehabilitation hospital		3,054		21,727		171			—			3,225		21,727		24,952		277		—	1981,2015		July 7, 2017		40
Bad Oeynhausen, Germany	Rehabilitation hospital		591		4,350		40			—			631		4,350		4,981		10		—	1973,2010		November 30, 2017		40
Bad Pyrmont, Germany	Rehabilitation hospital		3,055		21,790		170			—			3,225		21,790		25,015		324		—	1960,2010		June 1, 2017		40
Bad Salzuflen, Germany	Rehabilitation hospital		4,240		31,794		282			—			4,522		31,794		36,316		69		—	1989,2016		November 30, 2017		40
Bad Salzuflen, Germany	Rehabilitation hospital		5,601		41,854		372			—			5,973		41,854		47,827		90		—	1974,2016		November 30, 2017		40
Cologne, Germany	Acute care general hospital		2,576		18,842		144			—			2,720		18,842		21,562		240		—	2011		June 23, 2017		40
Schalkenmehren, Germany	Rehabilitation hospital		199		1,354		11			—			210		1,354		1,564		20		—	1911,2012		June 15, 2017		40
Daun, Germany	Rehabilitation hospital		1,475		10,484		82			—			1,557		10,484		12,041		156		—	1960,2009		June 15, 2017		40
Darscheid, Germany	Rehabilitation hospital		1,753		12,503		98			—			1,851		12,503		14,354		186		—	1940,2004		June 15, 2017		40
Germersheim, Germany	Rehabilitation hospital		797		5,647		44			—			841		5,647		6,488		84		—	1964,2013		June 8, 2017		40
Kevelaer, Germany	Rehabilitation hospital		1,089		7,746		61			—			1,150		7,746		8,896		115		—	1967,1996		June 10, 2017		40
Willich, Germany	Rehabilitation hospital		425		2,979		24			—			449		2,979		3,428		44		—	Unknown		May 31, 2017		40
Bad Bertrich, Germany	Rehabilitation hospital		1,357		7,746		24			—			1,381		7,746		9,127		179		—	1910		January 31, 2017		40
Neunkirchen, Germany	Rehabilitation hospital		3,108		22,198		173			—			3,281		22,198		25,479		378		—	1977,2001		May 13, 2017		40
Lübstorf, Germany	Rehabilitation hospital		3,094		22,053		173			—			3,267		22,053		25,320		328		—	1994,2004		June 1, 2017		40
Ahrweiler, Germany	Rehabilitation hospital		1,262		8,952		70			—			1,332		8,952		10,284		133		—	1964,1973		May 27, 2017		40
Rieden, Germany	Rehabilitation hospital		611		4,310		34			—			645		4,310		4,955		55		—	1970		June 17, 2017		40
Oppenweiler, Germany	Rehabilitation hospital		2,152		15,349		121			—			2,273		15,349		17,622		163		—	1900,2012		July 28, 2017		40
Houston, TX	Acute care general hospital		3,501		34,530		8,477			16,589			3,274		59,823		63,097		11,303		—	1960		August 10, 2007		40
Allen, TX	Freestanding ER		1,550		3,921		—			—			1,550		3,921		5,471		343		—	2014		July 14, 2014		40
San Diego, CA	Acute care general hospital		12,663		52,432		—			—			12,663		52,432		65,095		9,066		—	1973		February 9, 2011		40
Alvin, TX	Freestanding ER		105		4,087		—			—			105		4,087		4,192		360		—	2014		March 19, 2014		40
Houston, TX	Freestanding ER		950		3,996		—			—			950		3,996		4,946		125		—	2016		September 26, 2016		40
Aurora, CO	Freestanding ER		—		4,812		—			—			—		4,812		4,812		271		—	2015		September 17, 2015		40
Ft. Worth, TX	Freestanding ER		—		4,392		—			—			—		4,392		4,392		302		—	2015		March 27, 2015		40
Bayonne, NJ	Acute care general hospital		2,003		51,495		—			—			2,003		51,495		53,498		17,809		—	1918		February 4, 2011		20
Bennettsville, SC	Acute care general hospital		794		15,772		—			—			794		15,772		16,566		3,788		—	1984		April 1, 2008		40
Blue Springs, MO	Acute care general hospital		4,347		23,494		—			—			4,347		23,494		27,841		1,800		—	1980		February 13, 2015		40
Bossier City, LA	Long term acute care hospital		900		17,818		—			—			900		17,818		18,718		4,341		—	1982		April 1, 2008		40
Brighton, MA	Acute care general hospital		18,540		146,490		836			—			18,540		147,326		165,866		4,584		—	1917-2009		October 3, 2016		41
Brockton, MA	Acute care general hospital		18,328		67,248		1,516			—			18,328		68,764		87,092		2,656		—	1965-2010		October 3, 2016		41
Austin, TX	Freestanding ER		1,140		3,853		—			—			1,140		3,853		4,993		345		—	2014		May 29, 2014		40
Broomfield, CO	Freestanding ER		825		3,895		—			—			825		3,895		4,720		341		—	2014		July 3, 2014		40
Glendale, AZ	Freestanding ER		1,144		6,087		—			—			1,144		6,087		7,231		178		—	2016		October 21, 2016		40
New Orleans, LA	Freestanding ER		2,850		6,125		—			—			2,850		6,125		8,975		191		—	2016		September 23, 2016		40
Carrollton, TX	Acute care general hospital		729		34,342		—			—			729		34,342		35,071		2,075		—	2015		July 17, 2015		40
Cedar Hill. TX	Freestanding ER		1,122		3,644		—			—			1,122		3,644		4,766		319		—	2014		June 23, 2014		40
Spring, TX	Freestanding ER		1,310		3,583		—			—			1,310		3,583		4,893		314		—	2014		July 15, 2014		40
Chandler, AZ	Freestanding ER		—		4,783		—			—			—		4,783		4,783		319		—	2015		April 24, 2015		40
Chandler, AZ	Freestanding ER		750		3,852		—			—			750		3,852		4,602		217		—	2015		October 7, 2015		40
Cheraw, SC	Acute care general hospital		657		19,576		—			—			657		19,576		20,233		4,700		—	1982		April 1, 2008		40
Katy, TX	Freestanding ER		—		3,873		—			—			—		3,873		3,873		210		—	2015		October 21, 2015		40
Webster, TX	Long term acute care hospital		663		33,751		—			—			663		33,751		34,414		5,906		—	2004		December 21, 2010		40
Commerce City, TX	Freestanding ER		707		4,248		—			—			707		4,248		4,955		327		—	2014		December 11, 2014		40
Conroe, TX	Freestanding ER		1,338		3,712		—			—			1,338		3,712		5,050		224		—	2015		July 29, 2015		40
Converse, TX	Freestanding ER		750		4,423		—			—			750		4,423		5,173		304		—	2015		April 10, 2015		40
The Woodlands, TX	Freestanding ER		—		4,524		—			—			—		4,524		4,524		198		—	2016		March 28, 2016		40
Houston, TX	Freestanding ER		—		4,365		—			—			—		4,365		4,365		83		—	2017		May 8, 2017		35
Dallas, TX	Long term acute care hospital		1,000		13,589		—			368			1,421		13,536		14,957		3,835		—	2006		September 5, 2006		40
Denver, CO	Freestanding ER		—		4,276		—			—			—		4,276		4,276		276		—	2015		June 8, 2015		40
DeSoto, TX	Freestanding ER		750		4,234		—			—			750		4,234		4,984		168		—	2016		May 23, 2016		40
DeSoto, TX	Long term acute care hospital		1,067		10,701		86			8			1,161		10,701		11,862		1,750		—	2008		July 18, 2011		40
Detroit, MI	Long term acute care hospital		1,220		8,687		—			(365	)		1,220		8,322		9,542		2,068		—	1956		May 22, 2008		40
San Antonio, TX	Freestanding ER		—		4,801		—			—			—		4,801		4,801		130		—	2016		December 9, 2016		40
Dulles, TX	Freestanding ER		1,076		3,784		—			—			1,076		3,784		4,860		315		—	2014		September 12, 2014		40
Easton, PA	Acute care general hospital		13,898		40,245		—			—			13,898		40,245		54,143		710		—	1930,2005		May 1, 2017		41
Houston, TX	Freestanding ER		1,345		3,678		—			—			1,345		3,678		5,023		322		—	2014		June 20, 2014		40
Fairmont, CA	Acute care general hospital		1,000		12,301		5,277			—			1,277		17,301		18,578		1,343		—	1939,1972,1985		September 19, 2014		40
Fall River, MA	Acute care general hospital		2,406		82,358		15,555			—			2,406		97,913		100,319		2,632		—	1950-2012		October 3, 2016		41
Firestone, TX	Freestanding ER		495		3,963		—			—			495		3,963		4,458		355		—	2014		June 6, 2014		40
Florence, AZ	Acute care general hospital		900		28,462		105			—			900		28,567		29,467		4,103		—	2012		February 7, 2012		40
Fort Lauderdale, FL	Rehabilitation hospital		3,499		21,939		—			1			3,499		21,940		25,439		5,313		—	1985		April 22, 2008		40
Fountain, CO	Freestanding ER		1,508		4,131		—			—			1,508		4,131		5,639		353		—	2014		July 31, 2014		40
Frisco, TX	Freestanding ER		—		4,738		—			—			—		4,738		4,738		217		—	2016		March 4, 2016		40
Frisco, TX	Freestanding ER		2,441		4,474		—			—			2,441		4,474		6,915		242		—	2015		November 13, 2015		40
Frisco, TX	Freestanding ER		1,500		3,863		27			(89	)		1,411		3,890		5,301		348		—	2014		June 13, 2014		40
Garden Grove, CA	Acute care general hospital		5,502		10,748		—			51			5,502		10,799		16,301		2,466		—	1982		November 25, 2008		40
Garland, TX	Freestanding ER		—		4,647		—			—			—		4,647		4,647		136		—	2016		November 15, 2016		40
Garden Grove, CA	Medical Office Building		862		7,888		—			28			862		7,916		8,778		1,801		—	1982		November 25, 2008		40
Gilbert, AZ	Acute care general hospital		150		15,553		—			—			150		15,553		15,703		2,722		—	2005		January 4, 2011		40
Gilbert, AZ	Freestanding ER		1,518		4,660		—			—			1,518		4,660		6,178		282		—	2015		July 22, 2015		40
Glendale, AZ	Freestanding ER		—		4,046		—			—			—		4,046		4,046		261		—	2015		June 5, 2015		40
Goodyear, AZ	Freestanding ER		1,800		4,713		—			—			1,800		4,713		6,513		206		—	2016		April 4, 2016		40
Hartsville, SC	Acute care general hospital		2,050		43,970		—			—			2,050		43,970		46,020		2,392		—	1999		August 31, 2015		34
Hausman, TX	Acute care general hospital		1,500		8,958		—			—			1,500		8,958		10,458		1,060		—	2013		March 1, 2013		40
Helotes, TX	Freestanding ER		1,900		5,115		—			—			1,900		5,115		7,015		234		—	2016		March 10, 2016		40
Highland Village, TX	Freestanding ER		—		4,016		—			—			—		4,016		4,016		226		—	2015		September 22, 2015		40
Hill County, TX	Acute care general hospital		1,120		17,882		—			—			1,120		17,882		19,002		8,691		—	1980		September 17, 2010		40
Warren, OH	Rehabilitation hospital		2,417		15,857		—			—			2,417		15,857		18,274		356		—	1922-2000		May 1, 2017		46
Hoboken, NJ	Acute care general hospital		1,387		44,351		—			—			1,387		44,351		45,738		13,616		—	1863		November 4, 2011		20
Hoover, AL	Freestanding ER		—		7,581		—			—			—		7,581		7,581		590		—	2015		May 1, 2015		34
Hoover, AL	Medical Office Building		—		1,034		—			—			—		1,034		1,034		80		—	2015		May 1, 2015		34
Hope, AR	Acute care general hospital		1,651		3,359		—			—			1,651		3,359		5,010		45		—	1984-2001		September 29, 2017		41
Hot Springs. AR	Acute care general hospital		7,100		59,432		19,996			—			7,100		79,428		86,528		4,626		—	1985		August 31, 2015		40
Houston, TX	Acute care general hospital		33,627		97,745		—			—			33,627		97,745		131,372		494		—	1940-1950		September 29, 2017		41
Houston, TX	Acute care general hospital		4,757		56,238		(37	)		1,259			5,427		56,790		62,217		15,691		—	2006		December 1, 2006		40
Colorado Springs, CO	Freestanding ER		600		4,231		—			—			600		4,231		4,831		379		—	2014		June 5, 2014		40
Northland, MO	Long term acute care hospital		834		17,182		—			—			834		17,182		18,016		2,971		—	2007		February 14, 2011		40
Highlands Ranch, CO	Freestanding ER		4,200		4,778		—			—			4,200		4,778		8,978		169		—	2016		July 25, 2016		40
Idaho Falls, ID	Acute care general hospital		1,822		37,467		—			4,665			1,822		42,132		43,954		10,143		—	2002		April 1, 2008		40
Kansas City, MO	Acute care general hospital		10,497		64,419		—			—			10,497		64,419		74,916		4,788		—	1978		February 13, 2015		40
Katy, TX	Freestanding ER		—		4,183		—			—			—		4,183		4,183		131		—	2016		October 10, 2016		40
Camden, SC	Acute care general hospital		—		22,739		—			—			—		22,739		22,739		972		—	1954-2004		October 30, 2015		39
Lafayette, IN	Rehabilitation hospital		800		14,968		(25	)		—			800		14,943		15,743		1,824		—	2013		February 1, 2013		40
Lehi, UT	Acute care general hospital		13,403		29,950		—			—			13,403		29,950		43,353		221		—	2015		September 29, 2017		45
Lewiston, ID	Acute care general hospital		10,577		70,247		—			—			10,577		70,247		80,824		1,585		—	1922		May 1, 2017		40
Little Elm, TX	Freestanding ER		1,241		3,491		—			—			1,241		3,491		4,732		353		—	2013		December 1, 2013		40
Longmont, CO	Freestanding ER		—		4,181		—			—			—		4,181		4,181		200		—	2016		February 10, 2016		40
Lubbock. TX	Rehabilitation Hospital		1,376		28,292		3,648			—			1,376		31,940		33,316		1,844		—	2008		June 16, 2015		40
Mandeville, LA	Freestanding ER		2,800		5,370		—			—			2,800		5,370		8,170		157		—	2016		October 28, 2016		40
Marrero, LA	Freestanding ER		—		5,801		—			—			—		5,801		5,801		218		—	2016		July 15, 2016		40
McKinney, TX	Freestanding ER		—		4,060		—			—			—		4,060		4,060		330		—	2015		July 31, 2015		30
McMinnville, OR	Acute care general hospital		5,000		97,900		—			—			5,000		97,900		102,900		4,157		—	1996		August 31, 2015		41
Melbourne, FL	Acute care general hospital		5,642		17,087		—			—			5,642		17,087		22,729		363		—	2002		May 1, 2017		42
Mesa, AZ	Acute care general hospital		6,264		99,175		2,242			—			8,506		99,175		107,681		11,183		—	2007		September 26, 2013		40
Phoenix, AZ	Acute care general hospital		5,576		45,774		—			—			5,576		45,774		51,350		1,049		—	2017		February 10, 2017		40
Methuen, MA	Acute care general		23,809		89,505		810			—			23,809		90,315		114,124		3,191		—	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		9,430		—	2006		August 8, 2006		40
Montclair, NJ	Acute care general hospital		7,900		99,632		585			—			8,477		99,640		108,117		9,682		—	1920-2000		April 1, 2014		40
San Antonio, TX	Freestanding ER		351		3,952		—			—			351		3,952		4,303		369		—	2014		January 1, 2014		40
Altoona, WI	Acute care general hospital		—		29,062		—			—			—		29,062		29,062		2,422		—	2014		August 31, 2014		40
Odessa. TX	Acute care general hospital		6,772		123,215		—			—			6,772		123,215		129,987		788		—	1973-2004		September 29, 2017		41
Ogden, UT	Rehabilitation hospital		1,759		16,414		—			—			1,759		16,414		18,173		1,560		—	2014		March 1, 2014		40
Olympia, WA	Acute care general hospital		7,220		89,348		11,775			—			7,220		101,123		108,343		3,375		—	1984		July 22, 2016		40
Overlook, TX	Acute care general hospital		2,452		9,666		7			—			2,452		9,673		12,125		1,168		—	2012		February 1, 2013		40
San Diego, CA	Acute care general hospital		6,550		15,653		—			77			6,550		15,730		22,280		4,193		—	1964		May 9, 2007		40
Parker, CO	Freestanding ER		1,301		4,448		—			—			1,301		4,448		5,749		241		—	2015		November 6, 2015		40
Pearland, TX	Freestanding ER		1,075		3,577		—			—			1,075		3,577		4,652		298		—	2014		September 8, 2014		40
Petersburg, VA	Rehabilitation hospital		1,302		9,121		—			—			1,302		9,121		10,423		2,166		—	2006		July 1, 2008		40
Phoenix, AZ	Acute care general hospital		2,396		26,521		—			—			2,396		26,521		28,917		160		—	1979		September 29, 2017		42
Phoenix, AZ	Acute care general hospital		13,852		73,773		—			—			13,852		73,773		87,625		500		—	1968-1976		September 29, 2017		43
Plano, TX	Freestanding ER		—		4,842		—			—			—		4,842		4,842		151		—	2016		September 30, 2016		40
Poplar Bluff, MO	Acute care general hospital		2,659		38,694		—			1			2,660		38,694		41,354		9,370		—	1980		April 22, 2008		40
Port Arthur, TX	Acute care general hospital		10,593		76,398		1,062			—			11,655		76,398		88,053		7,976		—	2005		September 26, 2013		40
Port Huron, MI	Acute care general hospital		3,029		14,622		—			—			3,029		14,622		17,651		998		—	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		5,410		—	1964		April 18, 2007		40
Post Falls, ID	Rehabilitation hospital		417		12,175		1,905			—			767		13,730		14,497		1,382		—	2013		December 31, 2013		40
San Antonio, TX	Freestanding ER		—		4,253		—			—			—		4,253		4,253		124		—	2016		October 27, 2016		40
Redding, CA	Acute care general hospital		1,555		53,863		—			13			1,555		53,876		55,431		14,039		—	1974		August 10, 2007		40
Redding, CA	Long term acute care hospital		—		19,952		—			4,360			1,629		22,683		24,312		6,979		—	1991		June 30, 2005		40
Austin, TX	Freestanding ER		—		4,979		—			—			—		4,979		4,979		104		—	2017		March 2, 2017		40
Rockledge, FL	Acute care general hospital		13,919		23,282		—			—			13,919		23,282		37,201		581		—	1950,1970		May 1, 2017		42
Rosenberg, TX	Freestanding ER		—		4,505		—			—			—		4,505		4,505		225		—	2016		January 15, 2016		40
Columbus, OH	Freestanding ER		1,726		—		—			—			1,726		—		1,726		—		—	2016		August 30, 2016		—
Salt Lake City, UT	Acute care general hospital		17,204		101,915		—			—			17,204		101,915		119,119		635		—	1906-1987		September 29, 2017		41
San Antonio, TX	Acute care general hospital		8,053		29,333		—			—			8,053		29,333		37,386		204		—	1978-2002		September 29, 2017		41
San Dimas, CA	Acute care general hospital		6,160		6,839		—			34			6,160		6,873		13,033		1,563		—	1972		November 25, 2008		40
San Dimas, CA	Medical Office Building		1,915		5,085		—			18			1,915		5,103		7,018		1,161		—	1979		November 25, 2008		40
Phoenix, AZ	Freestanding ER		1,132		5,052		—			—			1,132		5,052		6,184		95		—	2017		April 13, 2017		40
Sebastian, FL	Acute care general hospital		5,733		49,136		—			—			5,733		49,136		54,869		910		—	1974		May 1, 2017		41
Sharon, PA	Acute care general hospital		6,179		9,066		—			—			6,179		9,066		15,245		435		—	1950-1980		May 1, 2017		41
Sherman, TX	Acute care general hospital		4,491		24,802		—			—			4,491		24,802		29,293		2,061		—	1913, 1960- 2010		October 31, 2014		40
Sienna, TX	Freestanding ER		999		3,591		—			—			999		3,591		4,590		299		—	2014		August 20, 2014		40
Spartanburg, SC	Rehabilitation hospital		1,135		15,717		—			—			1,135		15,717		16,852		1,718		—	2013		August 1, 2013		40
Houston, TX	Freestanding ER		1,423		3,770		—			—			1,423		3,770		5,193		267		—	2015		February 18, 2015		40
Taunton, MA	Acute care general hospital		4,428		73,433		—			—			4,428		73,433		77,861		2,441		—	1940-2015		October 3, 2016		41
Tempe, AZ	Acute care general hospital		6,050		10,986		—			—			6,050		10,986		17,036		95		—	1940		September 29, 2017		41
Texarkana, TX	Acute care general hospital		12,402		—		—			—			12,402		—		12,402		—		—	2017		September 29, 2017		—
Thornton, CO	Freestanding ER		1,350		4,259		—			—			1,350		4,259		5,609		355		—	2014		August 29, 2014		40
Toledo, OH	Rehabilitation hospital		—		17,740		—			—			—		17,740		17,740		773		—	2016		April 1, 2016		40
Tomball, TX	Long term acute care hospital		1,299		23,982		—			—			1,299		23,982		25,281		4,197		—	2005		December 21, 2010		40
Houston, TX	Acute care general hospital		4,047		36,864		—			—			4,047		36,864		40,911		1,383		—	2016		July 7, 2016		40
League City, TX	Freestanding ER		—		3,901		—			—			—		3,901		3,901		244		—	2015		June 19, 2015		40
Anaheim, CA	Acute care general hospital		1,875		21,814		—			10			1,875		21,824		23,699		6,092		—	1964		November 8, 2006		40
Warren, OH	Acute care general hospital		5,385		47,588		—			—			5,385		47,588		52,973		997		—	1982		May 1, 2017		41
West Monroe, LA	Acute care general hospital		12,000		69,433		10,068			—			12,552		78,949		91,501		7,705		—	1962		September 26, 2013		40
San Antonio, TX	Acute care general hospital		2,248		5,880		—			—			2,248		5,880		8,128		757		—	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		14,237		—	1980		April 22, 2008		40
Wichita, KS	Rehabilitation hospital		1,019		18,373		—			1			1,019		18,374		19,393		4,478		—		1992			April 4, 2008	40
Woodland Park, CO	Acute care general hospital		54		428		—			—			54		428		482		3		—		1948			September 29, 2017	40
Youngstown, OH	Acute care general hospital		4,335		3,565		—			—			4,335		3,565		7,900		385		—		1929-2003			May 1, 2017	41

		$	654,736	$	4,644,787	$	108,743		$	29,882		$	673,253	$	4,764,895	$	5,438,148	$	407,349	$	—

(1)	The aggregate cost for federal income tax purposes is $5,876,327.

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, 2017			December 31, 2016			December 31, 2015
COST
Balance at beginning of period	$	3,968,042		$	2,991,590		$	2,040,727
Acquisitions		1,256,245			745,948			975,239
Transfers from construction in progress		74,441			163,080			23,163
Additions		36,828			33,279			7,376
Dispositions		(53,372	)		(138,886	)		(24,701	)
Other		155,964	(2)		173,031			(30,214	)

Balance at end of period	$	5,438,148	(3)	$	3,968,042		$	2,991,590

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


	December 31, 2017			December 31, 2016			December 31, 2015
ACCUMULATED DEPRECIATION
Balance at beginning of period	$	292,786		$	232,675		$	181,441
Depreciation		109,307			81,010			60,796
Depreciation on disposed property		(1,438	)		(19,086	)		(8,887	)
Other		6,694			(1,813	)		(675	)

Balance at end of period	$	407,349	(4)	$	292,786		$	232,675

(2)	Represents foreign currency fluctuations and purchase price allocation adjustments.

(3)	Includes $131.4 million of land and building cost reflected in real estate held for sale at December 31, 2017. Excludes intangible lease assets that are included in real estate held for sale of $15.8 million at December 31, 2017.

(4)	Includes $0.5 million of accumulated depreciation reflected in real estate held for sale at December 31, 2017. Excludes accumulated amortization related to intangible lease assets that are included in real estate held for sale of $0.1 million at December 31, 2017.