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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Estimated Useful Lives of Related Real Estate and Other Assets

Depreciation is calculated on the straight-line method over the estimated useful lives of the related real estate and other assets. Our weighted-average useful lives at December 31, 2020 are as follows:

 

Buildings and improvements

 

39.0 years

Lease intangibles

 

26.1 years

Leasehold improvements

 

17.0 years

Furniture, equipment, and other

 

9.8 years