Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2018

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

COLUMN A	COLUMN B		COLUMN C				COLUMN D				COLUMN E						COLUMN F			COLUMN G	COLUMN H	COLUMN I
(Amounts in thousands)																						Life on
																						which
							Costs capitalized															depreciation
							subsequent				Gross amount at which						Accumulated					in latest
			Initial cost to company				to acquisition				carried at close of period						depreciation					income
					Building and				Building and				Buildings and				and			Date of	Date	statement
Description	Encumbrances		Land		Improvements		Land		Improvements		Land		Improvements		Total (1)		amortization			construction	acquired	is computed
1633 Broadway	$	1,046,800	$	502,846	$	1,398,341	$	-	$	125,286	$	502,846	$	1,523,627	$	2,026,473	$	(168,325	)	1971	11/2014	5 to 40 Years
1301 Avenue of the Americas		850,000		406,039		1,051,697		-		91,556		406,039		1,143,253		1,549,292		(128,742	)	1963	11/2014	5 to 40 Years
31 West 52nd Street		500,000		221,318		604,994		-		44,739		221,318		649,733		871,051		(68,588	)	1987	11/2014	5 to 40 Years
1325 Avenue of the Americas		-		174,688		370,553		-		30,395		174,688		400,948		575,636		(45,238	)	1989	11/2014	5 to 40 Years
900 Third Avenue		-		103,741		296,031		-		14,745		103,741		310,776		414,517		(38,314	)	1983	11/2014	5 to 40 Years
Total New York		2,396,800		1,408,632		3,721,616		-		306,721		1,408,632		4,028,337		5,436,969		(449,207	)
Liberty Place		-		46,401		96,422		-		12,741		46,401		109,163		155,564		(14,233	)	1993	11/2014	5 to 40 Years
1899 Pennsylvania Avenue		-		52,568		94,874		-		4,207		52,568		99,081		151,649		(12,432	)	1915	11/2014	5 to 40 Years
Total Washington, D.C.		-		98,969		191,296		-		16,948		98,969		208,244		307,213		(26,665	)
One Market Plaza		975,000		288,743		988,014		-		70,757		288,743		1,058,771		1,347,514		(125,743	)	1976	11/2014	5 to 40 Years
One Front Street		-		127,765		376,919		-		7,731		127,765		384,650		512,415		(24,824	)	1979	12/2016	5 to 40 Years
50 Beale Street		228,000		141,097		343,819		-		8,052		141,097		351,871		492,968		(16,868	)	1968	07/2017	5 to 40 Years
Total San Francisco		1,203,000		557,605		1,708,752		-		86,540		557,605		1,795,292		2,352,897		(167,435	)
Other		-		-		-		-		4,572		-		4,572		4,572		(1,332	)		11/2014	5 to 40 Years
Total	$	3,599,800	$	2,065,206	$	5,621,664	$	-	$	414,781	$	2,065,206	$	6,036,445	$	8,101,651	$	(644,639	)

⁽¹⁾ The basis of the Company’s assets for tax purposes is approximately $2.6 billion lower than the amount reported for financial statement purposes.

	For the Year Ended December 31,
(Amounts in thousands)	2018			2017			2016
Real Estate:
Beginning balance	$	8,329,475		$	7,849,093		$	7,652,117
Acquisitions		-			484,916			504,684
Additions during the year:
Land		-			-			-
Buildings and improvements		146,378			82,862			116,038
Assets held for sale		-			-			(412,315	)
Real estate impairment loss		(46,000	)		-			-
Assets sold and written-off		(328,202	)		(87,396	)		(11,431	)
Ending balance	$	8,101,651		$	8,329,475		$	7,849,093
Accumulated Depreciation:
Beginning balance	$	487,945		$	318,161		$	243,089
Additions charged to expense		188,871			182,732			168,847
Accumulated depreciation related    to assets held for sale		-			-			(82,344	)
Accumulated depreciation related    to assets sold and written-off		(32,177	)		(12,948	)		(11,431	)
Ending balance	$	644,639		$	487,945		$	318,161