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SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
12 Months Ended
Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
 
 
 
 
 
 
Initial Cost to Company
 
Gross Amount at Which Carried as of Close of Period
 
 
 
 
 
 
Description
 
Location
 
Encumbrances
 
Land
 
Buildings and
Improvements
 
Cost
Capitalized
Subsequent
to
Acquisitions
 
Land
 
Buildings and
Improvements
 
Total
 
Accumulated
Depreciation
 
Date of
Construction
 
Date Acquired
 
Life on Which
Building Depreciation
in Income Statement
is Computed
Arrowhead Commons
 
Phoenix, AZ
 
$

 
$
740

 
$
2,551

 
$
420

 
$
740

 
$
2,971

 
$
3,711

 
$
(427
)
 
2004
 
5/31/2008
 
46
Aurora Medical Office Building
 
Green Bay, WI
 

 
500

 
1,566

 

 
500

 
1,566

 
2,066

 
(180
)
 
2010
 
4/15/2010
 
50
Austell Medical Office Building
 
Atlanta, GA
 

 
289

 
1,992

 
334

 
289

 
2,326

 
2,615

 
(482
)
 
1971
 
6/30/2008
 
36
Canton Medical Office Building
 
Atlanta, GA
 
6,099

 
710

 
7,225

 
114

 
710

 
7,339

 
8,049

 
(2,095
)
 
1994
 
5/25/2007
 
35
Decatur Medical Office Building
 
Atlanta, GA
 

 
740

 
2,604

 
44

 
740

 
2,648

 
3,388

 
(774
)
 
1974
 
10/12/2007
 
28
El Paso Medical Office Building
 
El Paso, TX
 

 
860

 
2,866

 
369

 
860

 
3,235

 
4,095

 
(1,465
)
 
1987
 
8/24/2006
 
21
Farmington Professional Pavilion
 
Detroit, MI
 

 
580

 
1,793

 
110

 
580

 
1,903

 
2,483

 
(1,204
)
 
1972
 
1/5/2006
 
15
Firehouse Square
 
Milwaukee, WI
 
2,699

 
1,120

 
2,768

 

 
1,120

 
2,768

 
3,888

 
(777
)
 
2002
 
8/15/2007
 
30
Hackley Medical Center
 
Grand Rapids, MI
 
5,283

 
1,840

 
6,402

 
36

 
1,840

 
6,438

 
8,278

 
(1,908
)
 
1968
 
12/22/2006
 
30
MeadowView Professional Center
 
Kingsport, TN
 
10,225

 
2,270

 
11,344

 

 
2,270

 
11,344

 
13,614

 
(3,300
)
 
2005
 
5/10/2007
 
30
Mid Coast Hospital MOB
 
Portland, ME
 
7,656

 

 
11,247

 
20

 

 
11,267

 
11,267

 
(2,854
)
 
2008
 
5/1/2008
 
42
New Albany Professional Building
 
Columbus, OH
 

 
237

 
2,767

 
317

 
237

 
3,084

 
3,321

 
(550
)
 
2000
 
1/4/2008
 
42
Northpark Trail
 
Atlanta, GA
 

 
839

 
1,245

 
235

 
839

 
1,480

 
2,319

 
(582
)
 
2001
 
12/28/2005
 
35
Remington Medical Commons
 
Chicago, IL
 
4,262

 
895

 
6,499

 
319

 
895

 
6,818

 
7,713

 
(1,719
)
 
2008
 
6/1/2008
 
30
Summit Healthplex
 
Atlanta, GA
 

 
2,633

 
15,576

 
5,012

 
2,633

 
20,588

 
23,221

 
(4,311
)
 
2002
 
7/3/2008
 
44
Valley West Hospital MOB
 
Chicago, IL
 
4,768

 

 
6,275

 
611

 

 
6,886

 
6,886

 
(1,845
)
 
2007
 
11/1/2007
 
30
East El Paso Medical Office Building
 
El Paso, TX
 

 
710

 
4,500

 

 
710

 
4,500

 
5,210

 
(300
)
 
2004
 
8/30/2013
 
35
East El Paso Surgical Hospital
 
El Paso, TX
 

 
3,070

 
23,627

 

 
3,070

 
23,627

 
26,697

 
(1,531
)
 
2004
 
8/30/2013
 
36
LifeCare Plano LTACH
 
Plano, TX
 

 
3,370

 
11,689

 
455

 
3,370

 
12,144

 
15,514

 
(1,115
)
 
1987
 
9/18/2013
 
25
Crescent City Surgical Centre
 
New Orleans, LA
 
18,750

 

 
34,208

 

 

 
34,208

 
34,208

 
(1,604
)
 
2010
 
9/30/2013
 
48
Foundation Surgical Affiliates Medical Office Building
 
Oklahoma City, OK
 
7,474

 
1,300

 
12,724

 

 
1,300

 
12,724

 
14,024

 
(666
)
 
2004
 
9/30/2013
 
43
Pensacola Medical Office Building
 
Pensacola, FL
 

 
990

 
5,005

 
15

 
990

 
5,020

 
6,010

 
(230
)
 
2012
 
10/4/2013
 
49
Central Ohio Neurosurgical Surgeons Medical Office
 
Columbus, OH
 

 
981

 
7,620

 

 
981

 
7,620

 
8,601

 
(361
)
 
2007
 
11/27/2013
 
44
Great Falls Ambulatory Surgery Center
 
Great Falls, MT
 

 
203

 
3,224

 

 
203

 
3,224

 
3,427

 
(199
)
 
1999
 
12/11/2013
 
33
Eagles Landing Family Practice Medical Office Building
 
McDonough, GA
 

 
800

 
3,345

 
1,548

 
800

 
4,893

 
5,693

 
(254
)
 
2007
 
2/19/2014
 
36
Eagles Landing Family Practice Medical Office Building
 
Jackson, GA
 

 
800

 
3,345

 
1,255

 
800

 
4,600

 
5,400

 
(227
)
 
2006
 
2/19/2014
 
38
Eagles Landing Family Practice Medical Office Building
 
Conyers, GA
 

 
1,000

 
3,345

 

 
1,000

 
3,345

 
4,345

 
(172
)
 
2008
 
2/19/2014
 
37
Eagles Landing Family Practice Medical Office Building
 
McDonough, GA
 

 
400

 
3,345

 
1,741

 
400

 
5,086

 
5,486

 
(254
)
 
2010
 
2/19/2014
 
37
Foundation San Antonio Surgical Hospital
 
San Antonio, TX
 
9,120

 
2,230

 
23,346

 
23

 
2,230

 
23,369

 
25,599

 
(1,395
)
 
2007
 
2/19/2014
 
35
21st Century Radiation Oncology Centers — Sarasota
 
Sarasota, FL
 

 
633

 
6,557

 

 
633

 
6,557

 
7,190

 
(464
)
 
1975
 
2/26/2014
 
27
21st Century Radiation Oncology Centers - Venice
 
Venice, FL
 

 
814

 
2,952

 

 
814

 
2,952

 
3,766

 
(174
)
 
1987
 
2/26/2014
 
35
 
 
 
 
 
 
Initial Cost to Company
 
Gross Amount at Which Carried as of Close of Period
 
 
 
 
 
 
Description
 
Location
 
Encumbrances
 
Land
 
Buildings and
Improvements
 
Cost
Capitalized
Subsequent
to
Acquisitions
 
Land
 
Buildings and
Improvements
 
Total
 
Accumulated
Depreciation
 
Date of
Construction
 
Date Acquired
 
Life on Which
Building Depreciation
in Income Statement
is Computed
21st Century Radiation Oncology Centers - Engelwood
 
Engelwood, FL
 

 
350

 
1,878

 

 
350

 
1,878

 
2,228

 
(100
)
 
1992
 
2/26/2014
 
38
21st Century Radiation Oncology Centers — Port Charlotte
 
Port Charlotte, FL
 

 
269

 
2,326

 

 
269

 
2,326

 
2,595

 
(125
)
 
1996
 
2/26/2014
 
36
Foundation San Antonio Healthplex
 
San Antonio, TX
 

 
911

 
4,189

 

 
911

 
4,189

 
5,100

 
(230
)
 
2007
 
2/28/2014
 
35
Peachtree Dunwoody Medical Center
 
Atlanta, GA
 

 
6,046

 
27,435

 
54

 
6,046

 
27,489

 
33,535

 
(2,063
)
 
1987
 
2/28/2014
 
25
LifeCare LTACH — Fort Worth
 
Fort Worth, TX
 

 
2,730

 
24,639

 

 
2,730

 
24,639

 
27,369

 
(1,476
)
 
1985
 
3/28/2014
 
30
LifeCare LTACH — Pittsburgh
 
Pittsburgh, PA
 

 
1,142

 
11,737

 

 
1,142

 
11,737

 
12,879

 
(735
)
 
1987
 
3/28/2014
 
30
PinnacleHealth Medical Office Building
 
Harrisburg, PA
 

 
795

 
4,601

 

 
795

 
4,601

 
5,396

 
(332
)
 
1990
 
4/22/2014
 
25
Pinnacle Health Medical Office Building
 
Carlisle, PA
 

 
424

 
2,232

 

 
424

 
2,232

 
2,656

 
(116
)
 
2002
 
4/22/2014
 
35
South Bend Orthopaedics Medical Office Building
 
Mishawaka, IN
 

 
2,418

 
11,355

 

 
2,418

 
11,355

 
13,773

 
(543
)
 
2007
 
4/30/2014
 
40
Grenada Medical Complex
 
Grenada, MS
 

 
185

 
5,820

 
50

 
185

 
5,870

 
6,055

 
(381
)
 
1975
 
4/30/2014
 
30
Mississippi Ortho Medical Office Building
 
Jackson, MS
 

 
1,272

 
14,177

 
626

 
1,272

 
14,803

 
16,075

 
(713
)
 
1987
 
5/23/2014
 
35
Carmel Medical Pavilion
 
Carmel, IN
 

 

 
3,917

 

 

 
3,917

 
3,917

 
(262
)
 
1993
 
5/28/2014
 
25
Renaissance Ambulatory Surgery Center
 
Oshkosh, WI
 

 
228

 
7,658

 

 
228

 
7,658

 
7,886

 
(298
)
 
2007
 
6/30/2014
 
40
Presbyterian Medical Plaza
 
Monroe, NC
 

 
1,195

 
5,681

 
6

 
1,195

 
5,687

 
6,882

 
(202
)
 
2008
 
6/30/2014
 
15
Summit Urology
 
Bloomington, IN
 

 
125

 
4,792

 

 
125

 
4,792

 
4,917

 
(246
)
 
1996
 
6/30/2014
 
30
500 Landmark
 
Bloomington, IN
 

 
627

 
3,549

 

 
627

 
3,549

 
4,176

 
(158
)
 
2000
 
7/1/2014
 
35
550 Landmark
 
Bloomington, IN
 

 
2,717

 
15,224

 

 
2,717

 
15,224

 
17,941

 
(680
)
 
2000
 
7/1/2014
 
35
574 Landmark
 
Bloomington, IN
 

 
418

 
1,493

 

 
418

 
1,493

 
1,911

 
(68
)
 
2004
 
7/1/2014
 
35
Carlisle II MOB
 
Carlisle, PA
 

 
412

 
3,962

 

 
412

 
3,962

 
4,374

 
(131
)
 
1996
 
7/25/2014
 
45
Surgical Institute of Monroe
 
Monroe, MI
 

 
410

 
5,743

 

 
410

 
5,743

 
6,153

 
(273
)
 
2010
 
7/28/2014
 
35
The Oaks @ Lady Lake
 
Lady Lake, FL
 

 
1,065

 
8,642

 

 
1,065

 
8,642

 
9,707

 
(294
)
 
2011
 
7/31/2014
 
42
Mansfield ASC
 
Mansfield, TX
 

 
1,491

 
6,471

 

 
1,491

 
6,471

 
7,962

 
(207
)
 
2010
 
9/2/2014
 
46
Eye Center of Southern Indiana
 
Bloomington, IN
 

 
910

 
11,477

 

 
910

 
11,477

 
12,387

 
(453
)
 
1995
 
9/5/2014
 
35
Wayne State
 
Troy, MI
 

 
3,560

 
43,052

 

 
3,560

 
43,052

 
46,612

 
(1,568
)
 
1986
 
9/10/2014
 
38
Zangmeister
 
Columbus, OH
 

 
1,610

 
31,120

 

 
1,610

 
31,120

 
32,730

 
(1,017
)
 
2007
 
9/30/2014
 
40
Orthopedic One - Columbus
 
Columbus, OH
 

 

 
16,234

 
7

 

 
16,241

 
16,241

 
(503
)
 
2009
 
9/30/2014
 
45
Orthopedic One - Westerville
 
Columbus, OH
 

 
362

 
3,944

 

 
362

 
3,944

 
4,306

 
(126
)
 
2007
 
9/30/2014
 
43
Berger Medical Center
 
Columbus, OH
 

 

 
5,950

 

 

 
5,950

 
5,950

 
(216
)
 
2007
 
9/30/2014
 
38
El Paso - Lee Trevino
 
El Paso, TX
 

 
2,294

 
11,316

 
365

 
2,294

 
11,681

 
13,975

 
(514
)
 
1983
 
9/30/2014
 
30
El Paso - Murchison
 
El Paso, TX
 

 
2,283

 
24,543

 
27

 
2,283

 
24,570

 
26,853

 
(1,055
)
 
1970
 
9/30/2014
 
30
El Paso - Kenworthy
 
El Paso, TX
 

 
728

 
2,178

 

 
728

 
2,178

 
2,906

 
(87
)
 
1983
 
9/30/2014
 
35
Pinnacle - 32 Northeast
 
Harrisburg, PA
 

 
408

 
3,232

 
12

 
408

 
3,244

 
3,652

 
(128
)
 
1994
 
10/29/2014
 
33
Pinnacle - 4518 Union Deposit
 
Harrisburg, PA
 

 
617

 
7,305

 

 
617

 
7,305

 
7,922

 
(295
)
 
2000
 
10/29/2014
 
31
 
 
 
 
 
 
Initial Cost to Company
 
Gross Amount at Which Carried as of Close of Period
 
 
 
 
 
 
Description
 
Location
 
Encumbrances
 
Land
 
Buildings and
Improvements
 
Cost
Capitalized
Subsequent
to
Acquisitions
 
Land
 
Buildings and
Improvements
 
Total
 
Accumulated
Depreciation
 
Date of
Construction
 
Date Acquired
 
Life on Which
Building Depreciation
in Income Statement
is Computed
Pinnacle - 4520 Union Deposit
 
Harrisburg, PA
 

 
169

 
2,055

 

 
169

 
2,055

 
2,224

 
(90
)
 
1997
 
10/29/2014
 
28
Pinnacle - 240 Grandview
 
Harrisburg, PA
 

 
321

 
4,242

 

 
321

 
4,242

 
4,563

 
(151
)
 
1980
 
10/29/2014
 
35
Pinnacle - Market Place Way
 
Harrisburg, PA
 

 
808

 
2,383

 
6

 
808

 
2,389

 
3,197

 
(115
)
 
2004
 
10/29/2014
 
35
CRHS - 2000 10th Avenue
 
Columbus, GA
 

 
380

 
2,737

 

 
380

 
2,737

 
3,117

 
(152
)
 
1989
 
11/20/2014
 
22
CRHS - 1942 North Avenue
 
Columbus, GA
 

 
91

 
273

 

 
91

 
273

 
364

 
(26
)
 
1971
 
11/20/2014
 
12
CRHS - 920 18th Street
 
Columbus, GA
 

 
110

 
281

 

 
110

 
281

 
391

 
(40
)
 
1982
 
11/20/2014
 
8
CRHS - 1900 10th Avenue
 
Columbus, GA
 

 
474

 
5,580

 
5

 
474

 
5,585

 
6,059

 
(247
)
 
1976
 
11/20/2014
 
26
CRHS - 1800 10th Avenue
 
Columbus, GA
 

 
539

 
5,238

 

 
539

 
5,238

 
5,777

 
(216
)
 
1980
 
11/20/2014
 
28
CRHS - 705 17th Street
 
Columbus, GA
 

 
372

 
2,346

 
278

 
372

 
2,624

 
2,996

 
(189
)
 
1994
 
11/20/2014
 
15
CRHS - 615 19th Street
 
Columbus, GA
 

 
75

 
113

 

 
75

 
113

 
188

 
(39
)
 
1976
 
11/20/2014
 
3
CRHS - 1968 North Avenue
 
Columbus, GA
 

 
89

 
32

 

 
89

 
32

 
121

 
(9
)
 
1966
 
11/20/2014
 
4
CRHS - 633 19th Street
 
Columbus, GA
 

 
99

 
255

 

 
99

 
255

 
354

 
(33
)
 
1972
 
11/20/2014
 
9
CRHS - 500 18th Street
 
Columbus, GA
 

 
430

 
170

 

 
430

 
170

 
600

 
(39
)
 
1982
 
11/20/2014
 
8
CRHS - 2200 Hamilton Road
 
Columbus, GA
 

 
267

 
1,579

 

 
267

 
1,579

 
1,846

 
(86
)
 
1992
 
11/20/2014
 
22
CRHS - 1810 Stadium Drive
 
Phenix City, AL
 

 
202

 
149

 
19

 
202

 
168

 
370

 
(31
)
 
1999
 
11/20/2014
 
30
Carle Danville MOB
 
Danville, IL
 

 
607

 
7,136

 

 
607

 
7,136

 
7,743

 
(250
)
 
2007
 
11/26/2014
 
33
Middletown Medical - 111 Maltese
 
Middletown, NY
 

 
670

 
9,921

 
37

 
670

 
9,958

 
10,628

 
(319
)
 
1988
 
11/28/2014
 
35
Middletown Medical - 2 Edgewater
 
Middletown, NY
 

 
200

 
2,966

 
11

 
200

 
2,977

 
3,177

 
(96
)
 
1992
 
11/28/2014
 
35
Napoleon Medical Office Building
 
New Orleans, LA
 

 
1,202

 
7,412

 
79

 
1,202

 
7,491

 
8,693

 
(318
)
 
1974
 
12/19/2014
 
25
West TN Bone & Joint - Physicians Drive
 
Jackson, TN
 

 
650

 
2,960

 

 
650

 
2,960

 
3,610

 
(90
)
 
1991
 
12/30/2014
 
35
West TN Bone & Joint
 
Jackson, TN
 

 
1,250

 
5,210

 

 
1,250

 
5,210

 
6,460

 
(181
)
 
1996
 
12/30/2014
 
31
Edina MOB
 
Edina MN
 

 
504

 
10,006

 
208

 
504

 
10,214

 
10,718

 
(513
)
 
1979
 
1/22/2015
 
24
Crystal MOB
 
Crystal, MN
 

 
945

 
11,862

 
1

 
945

 
11,863

 
12,808

 
(276
)
 
2012
 
1/22/2015
 
47
Savage MOB
 
Savage, MN
 
5,753

 
1,281

 
10,021

 

 
1,281

 
10,021

 
11,302

 
(242
)
 
2011
 
1/22/2015
 
48
Dell Road MOB
 
Chanhassen, MN
 

 
800

 
4,520

 

 
800

 
4,520

 
5,320

 
(120
)
 
2008
 
1/22/2015
 
43
Columbus MOB
 
Columbus, GA
 

 
845

 
2,708

 

 
845

 
2,708

 
3,553

 
(148
)
 
1980
 
1/23/2015
 
22
Methodist Sports MOB
 
Greenwood, IN
 

 
1,050

 
8,556

 

 
1,050

 
8,556

 
9,606

 
(250
)
 
2008
 
1/28/2015
 
33
Vadnais Heights MOB
 
Vadnais Heights, MN
 

 
2,751

 
12,233

 

 
2,751

 
12,233

 
14,984

 
(336
)
 
2013
 
1/29/2015
 
43
Minnetonka MOB
 
Minnetonka, MN
 

 
1,770

 
19,797

 

 
1,770

 
19,797

 
21,567

 
(458
)
 
2014
 
2/5/2015
 
49
Jamestown MOB
 
Jamestown, ND
 

 
656

 
9,440

 

 
656

 
9,440

 
10,096

 
(269
)
 
2013
 
2/5/2015
 
43
Indiana American II
 
Greenwood, IN
 

 
862

 
6,901

 

 
862

 
6,901

 
7,763

 
(185
)
 
2008
 
2/13/2015
 
38
Indiana American III
 
Greenwood, IN
 

 
741

 
1,846

 
185

 
741

 
2,031

 
2,772

 
(93
)
 
2001
 
2/13/2015
 
31
Indiana American IV
 
Greenwood, IN
 

 
771

 
1,928

 
3

 
771

 
1,931

 
2,702

 
(63
)
 
2001
 
2/13/2015
 
31
Southpointe
 
Indianapolis, IN
 

 
563

 
1,741

 
1

 
563

 
1,742

 
2,305

 
(77
)
 
1993
 
2/13/2015
 
27
Minnesota Eye MOB
 
Minnetonka, MN
 

 
1,143

 
7,470

 

 
1,143

 
7,470

 
8,613

 
(174
)
 
2014
 
2/17/2015
 
44
Baylor Cancer Center
 
Dallas, TX
 

 
855

 
6,007

 

 
855

 
6,007

 
6,862

 
(125
)
 
2001
 
2/27/2015
 
43
Bridgeport Medical Center
 
Lakewood, WA
 

 
1,397

 
10,435

 

 
1,397

 
10,435

 
11,832

 
(264
)
 
2004
 
2/27/2015
 
35
 
 
 
 
 
 
Initial Cost to Company
 
Gross Amount at Which Carried as of Close of Period
 
 
 
 
 
 
Description
 
Location
 
Encumbrances
 
Land
 
Buildings and
Improvements
 
Cost
Capitalized
Subsequent
to
Acquisitions
 
Land
 
Buildings and
Improvements
 
Total
 
Accumulated
Depreciation
 
Date of
Construction
 
Date Acquired
 
Life on Which
Building Depreciation
in Income Statement
is Computed
Renaissance Office Building
 
Milwaukee, WI
 

 
1,379

 
4,182

 
1,178

 
1,379

 
5,360

 
6,739

 
(240
)
 
1896
 
3/27/2015
 
15
Calkins 125
 
Rochester, NY
 

 
534

 
10,164

 

 
534

 
10,164

 
10,698

 
(315
)
 
1997
 
3/31/2015
 
32
Calkins 200
 
Rochester, NY
 

 
210

 
3,317

 

 
210

 
3,317

 
3,527

 
(88
)
 
2000
 
3/31/2015
 
38
Calkins 300
 
Rochester, NY
 

 
372

 
6,645

 

 
372

 
6,645

 
7,017

 
(178
)
 
2002
 
3/31/2015
 
39
Calkins 400
 
Rochester, NY
 

 
353

 
8,226

 

 
353

 
8,226

 
8,579

 
(235
)
 
2007
 
3/31/2015
 
39
Calkins 500
 
Rochester, NY
 

 
282

 
7,074

 
5

 
282

 
7,079

 
7,361

 
(160
)
 
2008
 
3/31/2015
 
41
Avalon Park Florida Hospital MOB
 
Avalon Park, FL
 

 
1,041

 
10,685

 

 
1,041

 
10,685

 
11,726

 
(213
)
 
2009
 
3/31/2015
 
41
Premier Surgery Center of Louisville
 
Louisville, KY
 

 
1,106

 
5,437

 

 
1,106

 
5,437

 
6,543

 
(102
)
 
2013
 
4/10/2015
 
43
Baton Rouge MOB
 
Baton Rouge, LA
 

 
711

 
7,720

 

 
711

 
7,720

 
8,431

 
(173
)
 
2003
 
4/15/2015
 
35
Healthpark Medical Center
 
Grand Blanc, MI
 

 

 
17,624

 

 

 
17,624

 
17,624

 
(358
)
 
2006
 
4/30/2015
 
36
Plaza HCA MOB
 
Jacksonville, FL
 
11,837

 
1,112

 
12,553

 

 
1,112

 
12,553

 
13,665

 
(226
)
 
2007
 
4/30/2015
 
39
Northern Ohio Medical Center
 
Sheffield, OH
 

 
644

 
9,162

 

 
644

 
9,162

 
9,806

 
(277
)
 
1999
 
5/28/2015
 
20
University of Michigan - Northville MOB
 
Livonia, MI
 

 
2,200

 
8,627

 
31

 
2,200

 
8,658

 
10,858

 
(180
)
 
1988
 
5/29/2015
 
30
Coon Rapids Medical Center MOB
 
Coon Rapids, MN
 

 
607

 
5,857

 

 
607

 
5,857

 
6,464

 
(106
)
 
2007
 
6/1/2015
 
35
Premier Landmark MOB
 
Bloomington, IN
 

 
872

 
10,537

 

 
872

 
10,537

 
11,409

 
(165
)
 
2008
 
6/5/2015
 
39
Palm Beach ASC
 
Palm Beach, FL
 

 
2,576

 
7,675

 

 
2,576

 
7,675

 
10,251

 
(101
)
 
2003
 
6/26/2015
 
40
Brookstone Physician Center MOB
 
Jacksonville, AL
 

 

 
1,913

 

 

 
1,913

 
1,913

 
(33
)
 
2007
 
6/30/2015
 
31
Jackson Woman's Clinic MOB
 
Jackson, TN
 

 
555

 
3,800

 

 
555

 
3,800

 
4,355

 
(58
)
 
1998
 
6/30/2015
 
35
Hillside Medical Center MOB
 
Hanover, PA
 

 
812

 
13,217

 

 
812

 
13,217

 
14,029

 
(138
)
 
2003
 
6/30/2015
 
35
Randall Road MOB
 
Elgin, IL
 

 

 
15,404

 

 

 
15,404

 
15,404

 
(191
)
 
2006
 
6/30/2015
 
38
Medical Specialists of Palm Beach MOB
 
Atlantis, FL
 

 

 
7,560

 

 

 
7,560

 
7,560

 
(91
)
 
2002
 
7/24/2015
 
37
OhioHealth - SW Health Center MOB
 
Grove City, OH
 

 
1,363

 
8,516

 

 
1,363

 
8,516

 
9,879

 
(110
)
 
2001
 
7/31/2015
 
37
Trios Health MOB
 
Kennewick, WA
 

 

 
55,178

 

 

 
55,178

 
55,178

 
(525
)
 
2015
 
7/31/2015
 
45
IMS - Paradise Valley MOB
 
Phoenix, AZ
 

 

 
25,893

 

 

 
25,893

 
25,893

 
(282
)
 
2004
 
8/14/2015
 
43
IMS - Avondale MOB
 
Avondale, AZ
 

 
1,818

 
18,108

 

 
1,818

 
18,108

 
19,926

 
(145
)
 
2006
 
8/19/2015
 
45
IMS - Palm Valley MOB
 
Goodyear, AZ
 

 
2,666

 
28,655

 

 
2,666

 
28,655

 
31,321

 
(240
)
 
2006
 
8/19/2015
 
43
IMS - North Mountain MOB
 
Phoenix, AZ
 

 

 
42,877

 

 

 
42,877

 
42,877

 
(335
)
 
2008
 
8/31/2015
 
47
Memorial Hermann - Phase I
 
Katy, TX
 

 
822

 
6,797

 

 
822

 
6,797

 
7,619

 
(62
)
 
2005
 
9/1/2015
 
39
Memorial Hermann - Phase II
 
Katy, TX
 

 
1,560

 
25,601

 

 
1,560

 
25,601

 
27,161

 
(224
)
 
2006
 
9/1/2015
 
40
New Albany Medical Center MOB
 
New Albany, OH
 

 
1,600

 
8,505

 

 
1,600

 
8,505

 
10,105

 
(87
)
 
2005
 
9/9/2015
 
37
Fountain Hills Medical Campus MOB
 
Fountain Hills, AZ
 

 
2,593

 
7,635

 

 
2,593

 
7,635

 
10,228

 
(55
)
 
1995
 
9/30/2015
 
39
Fairhope MOB
 
Fairhope, AL
 

 
640

 
5,227

 

 
640

 
5,227

 
5,867

 
(39
)
 
2005
 
10/13/2015
 
38
Foley MOB
 
Foley, AL
 

 
365

 
732

 

 
365

 
732

 
1,097

 
(5
)
 
1997
 
10/13/2015
 
40
Foley Venture
 
Foley, AL
 

 
420

 
1,118

 

 
420

 
1,118

 
1,538

 
(8
)
 
2002
 
10/13/2015
 
38
 
 
 
 
 
 
Initial Cost to Company
 
Gross Amount at Which Carried as of Close of Period
 
 
 
 
 
 
Description
 
Location
 
Encumbrances
 
Land
 
Buildings and
Improvements
 
Cost
Capitalized
Subsequent
to
Acquisitions
 
Land
 
Buildings and
Improvements
 
Total
 
Accumulated
Depreciation
 
Date of
Construction
 
Date Acquired
 
Life on Which
Building Depreciation
in Income Statement
is Computed
North Okaloosa MOB
 
Crestview, FL
 

 
190

 
1,010

 

 
190

 
1,010

 
1,200

 
(7
)
 
2005
 
10/13/2015
 
41
Commons on North Davis
 
Pensacola, FL
 

 
380

 
1,237

 

 
380

 
1,237

 
1,617

 
(8
)
 
2009
 
10/13/2015
 
41
Sorrento Road
 
Pensacola, FL
 

 
170

 
894

 

 
170

 
894

 
1,064

 
(6
)
 
2010
 
10/13/2015
 
41
Breakfast Point Medical Park
 
Panama City, FL
 

 

 
817

 

 

 
817

 
817

 
(5
)
 
2012
 
10/13/2015
 
42
Panama City Beach
 
Panama City, FL
 

 

 
739

 

 

 
739

 
739

 
(5
)
 
2012
 
10/13/2015
 
42
Perdido Medical Park
 
Pensacola, FL
 

 
100

 
1,147

 

 
100

 
1,147

 
1,247

 
(8
)
 
2010
 
10/13/2015
 
41
Ft. Walton Beach
 
Ft. Walton Beach, FL
 

 
230

 
914

 

 
230

 
914

 
1,144

 
(7
)
 
1979
 
10/13/2015
 
35
Panama City
 
Panama City, FL
 

 

 
661

 

 

 
661

 
661

 
(5
)
 
2003
 
10/13/2015
 
38
Pensacola - Catalyst
 
Pensacola, FL
 

 
220

 
1,685

 

 
220

 
1,685

 
1,905

 
(12
)
 
2001
 
10/13/2015
 
39
Arete Surgical Center
 
Johnstown, CO
 

 
399

 
6,667

 

 
399

 
6,667

 
7,066

 
(26
)
 
2013
 
10/19/2015
 
45
Cambridge Professional Center MOB
 
Waldorf, MD
 

 
590

 
8,520

 

 
590

 
8,520

 
9,110

 
(45
)
 
1999
 
10/30/2015
 
35
HonorHealth 44th Street MOB
 
Phoenix, AZ
 

 
515

 
3,884

 

 
515

 
3,884

 
4,399

 
(24
)
 
1988
 
11/13/2015
 
28
Mercy Medical Center MOB
 
Fenton, MO
 

 
1,201

 
6,778

 

 
1,201

 
6,778

 
7,979

 
(15
)
 
1999
 
12/1/2015
 
40
Nashville MOB
 
Nashville, TN
 

 
1,555

 
39,713

 

 
1,555

 
39,713

 
41,268

 

 
2015
 
12/17/2015
 
45
KSF Orthopaedic MOB
 
Houston, TX
 

 
530

 
3,712

 

 
530

 
3,712

 
4,242

 

 
1984
 
12/22/2015
 
19
Great Falls Clinic MOB
 
Great Falls, MT
 

 

 
27,402

 

 

 
27,402

 
27,402

 

 
2004
 
12/29/2015
 
40
 
 
 
 
$
93,926

 
$
130,788

 
$
1,277,934

 
$
16,172

 
$
130,788

 
$
1,294,106

 
$
1,424,894

 
$
(61,242
)
 
 
 
 
 
 
The cost capitalized subsequent to acquisitions is net of dispositions.

The changes in total real estate for the years ended December 31, 2015, 2014 and 2013 are as follows (in thousands):
 
 
Year Ended December 31,
 
2015
 
2014
 
2013
Balance as of the beginning of the year
$
729,034

 
$
224,730

 
$
111,149

Acquisitions
695,693

 
505,379

 
113,225

Additions
4,440

 
900

 
806

Impairment

 
(1,750
)
 

Dispositions
(4,273
)
 
(225
)
 
(450
)
Balance as of the end of the year
$
1,424,894

 
$
729,034

 
$
224,730

 
The changes in accumulated depreciation for the years ended December 31, 2015, 2014 and 2013 are as follows (in thousands):
 
 
Year Ended December 31,
 
2015
 
2014
 
2013
Balance as of the beginning of the year
$
32,772

 
$
20,299

 
$
16,495

Acquisitions
9,512

 
6,575

 
694

Additions
20,446

 
5,898

 
3,110

Dispositions
(1,488
)
 

 

Balance as of the end of the year
$
61,242

 
$
32,772

 
$
20,299