SCHEDULE III

REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION AND AMORTIZATION

(Dollars in thousands)



						Initial Cost to Company ⁽²⁾				^{Total Adjustment to Basis}		Gross Carrying Amount at December 31, 2019										Life on which depreciation in latest income statement is computed
Property	Property Type	ST	Encumbrances ⁽¹⁾			Land		Building and Improvements		Building and Improvements		Land		Building and Improvements ⁽²⁾		Total		Accumulated Depreciation and Amortization		Date of Construction	Date of Acquisition
Plainfield	Office	IL	$	—		$	3,709	$	22,209	$	7,344	$	3,709	$	29,553	$	33,262	$	14,206	N/A	6/18/2009	5-40 years
Renfro	Industrial	SC	12,816			1,400		18,182		2,012		1,400		20,194		21,594		8,757		N/A	6/18/2009	5-40 years
Emporia Partners	Industrial	KS	2,104			274		7,567		—		274		7,567		7,841		3,025		N/A	8/27/2010	5-40 years
AT&T	Office	WA	24,683			6,770		32,420		718		6,770		33,138		39,908		10,234		N/A	1/31/2012	5-40 years
Westinghouse	Office	PA	20,885			2,650		26,745		—		2,650		26,745		29,395		8,430		N/A	3/22/2012	5-40 years
TransDigm	Industrial	NJ	4,367			3,773		9,030		411		3,773		9,441		13,214		2,839		N/A	5/31/2012	5-40 years
Atrium II	Office	CO	9,019			2,600		13,500		8,087		2,600		21,587		24,187		6,393		N/A	6/29/2012	5-40 years
Zeller Plastik	Industrial	IL	8,543			2,674		13,229		651		2,674		13,880		16,554		3,710		N/A	11/8/2012	5-40 years
Northrop Grumman	Office	OH	10,324			1,300		16,188		39		1,300		16,227		17,527		6,542		N/A	11/13/2012	5-40 years
Health Net	Office	CA	12,815			4,182		18,072		324		4,182		18,396		22,578		7,730		N/A	12/18/2012	5-40 years
Comcast	Office	CO	14,105		⁽⁴⁾	3,146		22,826		1,593		3,146		24,419		27,565		9,578		N/A	1/11/2013	5-40 years
500 Rivertech	Office	WA	—			3,000		9,000		6,982		3,000		15,982		18,982		4,920		N/A	2/15/2013	5-40 years
Schlumberger	Office	TX	28,735			2,800		47,752		829		2,800		48,581		51,381		11,624		N/A	5/1/2013	5-40 years
UTC	Office	NC	22,712			1,330		37,858		—		1,330		37,858		39,188		9,973		N/A	5/3/2013	5-40 years
Avnet	Industrial	AZ	18,984			1,860		31,481		47		1,860		31,528		33,388		7,341		N/A	5/29/2013	5-40 years
Cigna	Office	AZ	39,000		⁽⁴⁾	8,600		48,102		133		8,600		48,235		56,835		12,717		N/A	6/20/2013	5-40 years
Nokia	Office	IL	—			7,697		21,843		—		7,697		21,843		29,540		4,894		N/A	8/13/2013	5-40 years
Verizon	Office	NJ	25,007			5,300		36,768		5,681		5,300		42,449		47,749		16,429		N/A	10/3/2013	5-40 years
Fox Head	Office	CA	—			3,672		23,230		—		3,672		23,230		26,902		5,090		N/A	10/29/2013	5-40 years
2500 Windy Ridge	Office	GA	—			5,000		50,227		17,824		5,000		68,051		73,051		14,882		N/A	11/5/2013	5-40 years
General Electric	Office	GA	—			5,050		51,396		148		5,050		51,544		56,594		10,959		N/A	11/5/2013	5-40 years
Atlanta Wildwood	Office	GA	—			4,241		23,414		5,445		4,241		28,859		33,100		9,008		N/A	11/5/2013	5-40 years
Community Insurance	Office	OH	—			1,177		22,323		—		1,177		22,323		23,500		5,188		N/A	11/5/2013	5-40 years
Anthem	Office	OH	—			850		8,892		175		850		9,067		9,917		2,808		N/A	11/5/2013	5-40 years



					Initial Cost to Company ⁽²⁾		^{Total Adjustment to Basis}		Gross Carrying Amount at December 31, 2019						Life on which depreciation in latest income statement is computed
Property	Property Type	ST	Encumbrances ⁽¹⁾		Land	Building and Improvements	Building and Improvements		Land	Building and Improvements ⁽²⁾	Total	Accumulated Depreciation and Amortization	Date of Construction	Date of Acquisition
JPMorgan Chase	Office	OH	—		5,500	39,000	586		5,500	39,586	45,086	9,696	N/A	11/5/2013	5-40 years
Sterling Commerce Center	Office	OH	—		4,750	32,769	4,307		4,750	37,076	41,826	12,021	N/A	11/5/2013	5-40 years
Aetna.	Office	TX	36,199	⁽⁴⁾	3,000	12,330	624		3,000	12,954	15,954	4,518	N/A	11/5/2013	5-40 years
CHRISTUS Health	Office	TX	—		1,950	46,922	357		1,950	47,279	49,229	13,580	N/A	11/5/2013	5-40 years
Roush Industries	Office	MI	—		875	11,375	2,449		875	13,824	14,699	3,593	N/A	11/5/2013	5-40 years
Parkland Center	Office	WI	—		3,100	26,348	10,825		3,100	37,173	40,273	16,544	N/A	11/5/2013	5-40 years
1200 Morris	Office	PA	—		2,925	18,935	2,278		2,925	21,213	24,138	7,724	N/A	11/5/2013	5-40 years
United HealthCare	Office	MO	—		2,920	23,510	6,764		2,920	30,274	33,194	7,431	N/A	11/5/2013	5-40 years
Intermec (Northpointe Corporate Center II)	Office	WA	—		1,109	6,066	4,576		1,109	10,642	11,751	3,221	N/A	11/5/2013	5-40 years
Comcast (Northpointe Corporate Center I)	Office	WA	39,650	⁽⁴⁾	2,292	16,930	2,324		2,292	19,254	21,546	4,829	N/A	11/5/2013	5-40 years
Farmers	Office	KS	—		2,750	17,106	816		2,750	17,922	20,672	5,366	N/A	12/27/2013	5-40 years
2200 Channahon Road	Industrial	IL	—		6,000	46,511	(15,695	)	3,537	33,279	36,816	14,276	N/A	1/7/2014	5-40 years
Digital Globe	Office	CO	—		8,600	83,400	—		8,600	83,400	92,000	19,091	N/A	1/14/2014	5-40 years
Waste Management	Office	AZ	—		—	16,515	82		—	16,597	16,597	4,607	N/A	1/16/2014	5-40 years
			—		—	—	—		—	—	—
Wyndham Worldwide	Office	NJ	—		6,200	91,153	1,171		6,200	92,324	98,524	16,350	N/A	4/23/2014	5-40 years
ACE Hardware Corporation HQ	Office	IL	22,750	⁽⁴⁾	6,900	33,945	—		6,900	33,945	40,845	7,392	N/A	4/24/2014	5-40 years
Equifax	Office	MO	—		1,850	12,709	194		1,850	12,903	14,753	3,913	N/A	5/20/2014	5-40 years
American Express	Office	AZ	—		15,000	45,893	375		15,000	46,268	61,268	18,300	N/A	5/22/2014	5-40 years
Circle Star	Office	CA	—		22,789	68,950	4,231		22,789	73,181	95,970	22,758	N/A	5/28/2014	5-40 years
Vanguard	Office	NC	—		2,230	31,062	—		2,230	31,062	33,292	7,152	N/A	6/19/2014	5-40 years
Parallon	Office	FL	7,120		1,000	16,772	—		1,000	16,772	17,772	3,828	N/A	6/25/2014	5-40 years
TW Telecom	Office	CO	—		10,554	35,817	1,474		10,554	37,291	47,845	9,166	N/A	8/1/2014	5-40 years
Equifax II	Office	MO	—		2,200	12,755	70		2,200	12,825	15,025	3,288	N/A	10/1/2014	5-40 years
Mason I	Office	OH	—		4,777	18,489	—		4,777	18,489	23,266	2,380	N/A	11/7/2014	5-40 years
Wells Fargo.	Office	NC	26,975	⁽⁴⁾	2,150	40,806	46		2,150	40,852	43,002	8,128	N/A	12/15/2014	5-40 years
GE Aviation	Office	OH	—		4,400	61,681	—		4,400	61,681	66,081	14,077	N/A	2/19/2015	5-40 years
Westgate III	Office	TX	—		3,209	75,937	—		3,209	75,937	79,146	13,333	N/A	4/1/2015	5-40 years
2275 Cabot Drive	Office	IL	—		2,788	16,200	53		2,788	16,253	19,041	6,276	N/A	6/10/2015	5-40 years
			—		—	—	—		—	—	—



					Initial Cost to Company ⁽²⁾		^{Total Adjustment to Basis}		Gross Carrying Amount at December 31, 2019						Life on which depreciation in latest income statement is computed
Property	Property Type	ST	Encumbrances ⁽¹⁾		Land	Building and Improvements	Building and Improvements		Land	Building and Improvements ⁽²⁾	Total	Accumulated Depreciation and Amortization	Date of Construction	Date of Acquisition
Franklin Center	Office	MD	—		6,989	46,875	1,386		6,989	48,261	55,250	8,403	N/A	6/10/2015	5-40 years
4650 Lakehurst Court	Office	OH	—		2,943	22,651	808		2,943	23,459	26,402	6,781	N/A	6/10/2015	5-40 years
Miramar	Office	FL	—		4,488	19,979	2,221		4,488	22,200	26,688	4,268	N/A	6/10/2015	5-40 years
Royal Ridge V	Office	TX	21,385	⁽⁴⁾	1,842	22,052	3,622		1,842	25,674	27,516	4,373	N/A	6/10/2015	5-40 years
Duke Bridges	Office	TX	27,475	⁽⁴⁾	8,239	51,395	7,458		8,239	58,853	67,092	9,221	N/A	6/10/2015	5-40 years
Houston Westway II	Office	TX	—		3,961	78,668	507		3,961	79,175	83,136	17,452	N/A	6/10/2015	5-40 years
Houston Westway I	Office	TX	—		6,540	30,703	(15,039	)	3,382	18,822	22,204	6,104	N/A	6/10/2015	5-40 years
Atlanta Perimeter	Office	GA	69,461	⁽⁴⁾	8,382	96,718	679		8,382	97,397	105,779	25,393	N/A	6/10/2015	5-40 years
South Lake at Dulles	Office	VA	—		9,666	74,098	2,814		9,666	76,912	86,578	15,410	N/A	6/10/2015	5-40 years
Four Parkway	Office	IL	—		4,339	37,298	2,692		4,339	39,990	44,329	10,514	N/A	6/10/2015	5-40 years
Highway 94	Industrial	MO	15,610		5,637	25,280	—		5,637	25,280	30,917	5,080	N/A	11/6/2015	5-40 years
Heritage III	Office	TX	—		1,955	15,540	1,362		1,955	16,902	18,857	3,395	N/A	12/11/2015	5-40 years
Heritage IV	Office	TX	—		2,330	26,376	—		2,330	26,376	28,706	5,328	N/A	12/11/2015	5-40 years
Samsonite	Industrial	FL	21,154		5,040	42,490	—		5,040	42,490	47,530	6,183	N/A	12/11/2015	5-40 years
Restoration Hardware	Industrial	CA	78,000	⁽⁴⁾	15,463	36,613	37,693		15,463	74,306	89,769	14,996	N/A	1/14/2016	5-40 years
HealthSpring	Office	TN	20,723		8,126	31,447	—		8,126	31,447	39,573	5,478	N/A	4/27/2016	5-40 years
LPL	Office	SC	—		4,612	86,352	—		4,612	86,352	90,964	5,283	N/A	11/30/2017	5-40 years
LPL	Office	SC	—		1,274	41,509	—		1,274	41,509	42,783	2,541	N/A	11/30/2017	5-40 years
Quaker	Industrial	FL	—		5,433	55,341	—		5,433	55,341	60,774	3,060	N/A	3/13/2018	5-40 years
McKesson	Office	AZ	—		312	69,760	—		312	69,760	70,072	6,252	N/A	4/10/2018	5-40 years
Shaw Industries	Industrial	GA	—		5,465	57,116	—		5,465	57,116	62,581	2,957	N/A	5/3/2018	5-40 years
GEAR Entities	Land	WA	—		1,584	—	—		1,584	—	1,584	—	N/A	3/17/2016	5-40 years
Owens Corning	Industrial	NC	3,300		867	4,418	555		867	4,973	5,840	200	N/A	5/1/2019	5-40 years
Westgate II	Office	TX	34,200		7,716	48,422	870		7,716	49,292	57,008	2,023	N/A	5/1/2019	5-40 years
Administrative Office of Pennsylvania Courts	Office	PA	6,070		1,246	9,626	498		1,246	10,124	11,370	390	N/A	5/1/2019	5-40 years
American Express Center	Office	AZ	54,900		10,595	82,098	3,109		10,595	85,207	95,802	3,962	0	5/1/2019	5-40 years
MGM Corporate Center	Office	NV	18,180		4,546	25,825	1,076		4,546	26,901	31,447	1,123	0	5/1/2019	5-40 years
American Showa	Industrial	OH	10,320		1,214	16,538	2,427		1,214	18,965	20,179	637	N/A	5/1/2019	5-40 years



						Initial Cost to Company ⁽²⁾				^{Total Adjustment to Basis}		Gross Carrying Amount at December 31, 2019										Life on which depreciation in latest income statement is computed
Property	Property Type	ST	Encumbrances ⁽¹⁾			Land		Building and Improvements		Building and Improvements		Land		Building and Improvements ⁽²⁾		Total		Accumulated Depreciation and Amortization		Date of Construction	Date of Acquisition
Huntington Ingalls	Industrial	VA	—			6,213		29,219		2,651		6,213		31,870		38,083		1,087		0	5/1/2019	5-40 years
Wyndham	Office	NJ	—			9,677		71,316		1,742		9,677		73,058		82,735		2,276		N/A	5/1/2019	5-40 years
Exel	Industrial	OH	—			978		14,137		2,568		978		16,705		17,683		778		N/A	5/1/2019	5-40 years
Morpho Detection	Office	MA	—			2,006		10,270		484		2,006		10,754		12,760		406		N/A	5/1/2019	5-40 years
			—			—		—		—		—		—		—
Aetna	Office	AZ	—			2,332		18,486		1,598		2,332		20,084		22,416		803		N/A	5/1/2019	5-40 years
Bank of America I	Office	CA	—			5,737		22,479		1,318		5,737		23,797		29,534		1,332		N/A	5/1/2019	5-40 years
Bank of America II	Office	CA	—			5,735		15,461		2,217		5,735		17,678		23,413		2,498		N/A	5/1/2019	5-40 years
Atlas Copco	Office	MI	—			1,156		18,297		1,505		1,156		19,802		20,958		693		N/A	5/1/2019	5-40 years
Toshiba TEC	Office	NC	—			1,916		36,374		2,423		1,916		38,797		40,713		1,301		N/A	5/1/2019	5-40 years
NETGEAR	Office	CA	—			22,600		28,859		1,700		22,600		30,559		53,159		1,521		N/A	5/1/2019	5-40 years
Nike	Office	OR	—			8,186		41,184		2,164		8,186		43,348		51,534		3,132		0	5/1/2019	5-40 years
Zebra Technologies	Office	IL	—			5,927		58,688		1,234		5,927		59,922		65,849		2,472		N/A	5/1/2019	5-40 years
WABCO	Industrial	SC	—			1,226		13,902		779		1,226		14,681		15,907		345		N/A	5/1/2019	5-40 years
IGT	Office	NV	45,300		⁽⁴⁾	5,673		67,610		2,021		5,673		69,631		75,304		1,804		0	5/1/2019	5-40 years
3M	Industrial	IL	43,600		⁽⁴⁾	5,802		75,758		6,391		5,802		82,149		87,951		1,759		N/A	5/1/2019	5-40 years
Amazon	Industrial	OH	61,500		⁽⁴⁾	4,773		95,475		11,546		4,773		107,021		111,794		2,725		N/A	5/1/2019	5-40 years
Zoetis	Office	NJ	—			3,718		44,082		735		3,718		44,817		48,535		1,310		N/A	5/1/2019	5-40 years
Southern Company	Office	AL	99,600		⁽⁴⁾	7,794		157,724		1,457		7,794		159,181		166,975		3,051		N/A	5/1/2019	38 years
Allstate	Office	CO	—			3,109		13,096		553		3,109		13,649		16,758		487		N/A	5/1/2019	5-40 years
MISO	Office	IN	—			3,725		25,848		971		3,725		26,819		30,544		831		N/A	5/1/2019	5-40 years
McKesson II	Office	AZ	—			—		36,959		4,681		—		41,640		41,640		561		N/A	9/20/2019	5-40 years
Others			—			—		—		95		—		95		95		10
Total all properties ⁽³⁾			$	1,017,571		$	463,960	$	3,622,552	$	191,921	$	458,339	$	3,820,094	$	4,278,433	$	668,104


(1)	Amount does not include the net loan valuation discount of $1.1 million related to the debt assumed in the Highway 94, Samsonite and HealthSpring, Owens Corning, Westgate II, AOPC, IPC/TRWC (AMEX), MGM, American Showa and BAML properties.


(2)	Building and improvements include tenant origination, absorption costs and construction in progress.


(3)	As of December 31, 2019, the aggregate cost of real estate the Company and consolidated subsidiaries own for federal income tax purposes was approximately $4.2 billion (unaudited).


(4)	The Bank of America Loan is secured by cross-collateralized and cross-defaulted first mortgage liens on the properties.



	Activity for the Year Ended December 31,
	2019			2018			2017
Real estate facilities
Balance at beginning of year	$	3,073,364		$	2,869,328		$	3,024,389
Acquisitions	1,305,998			193,430			133,747
Improvements	47,566			6,264			12,479
Construction-in-progress	3,874			20,619			1,752
Other adjustments	—			—			(2,785		)
Impairment Write Down	(30,734		)	—			(2,352		)
Sale of real estate assets	(121,635		)	(16,277		)	(297,902		)
Balance at end of year	$	4,278,433		$	3,073,364		$	2,869,328

Accumulated depreciation
Balance at beginning of year	$	538,412		$	426,752		$	338,552
Depreciation and amortization expense	153,425			119,168			116,583
Less: Non-real estate assets depreciation expense	(7,769		)	(3,584		)	(1,554		)
Less: Sale of real estate assets depreciation expense	(15,964		)	(3,924		)	(26,829		)
Balance at end of year	$	668,104		$	538,412		$	426,752
Real estate facilities, net	$	3,610,329		$	2,534,952		$	2,442,576