Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III, Real Estate and Accumulated Depreciation

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2024

(Amounts in thousands)

				Initial Cost to Company						Cost amount carried at Close of Period
Location	Type(1)	Encumbrances(2)		Land		Buildings and Improvements		Costs  Capitalized Subsequent to Acquisition(3)		Land		Buildings and Improvements		Total(4)		Accumulated Depreciation(3)(5)		Original Construction Date(s) (Unaudited)	Date  Acquired
Aberdeen, MS	C	$	—	$	1,147	$	14,044	$	297	$	1,147	$	14,341	$	15,488	$	3,575	2005	6/17/2015
Alameda, CA	L		—		5,438		4,312		70,463		5,438		74,775		80,213		10,000	2019	8/1/2016
Albany, NY	SF		—		1,801		11,544		403		1,801		11,947		13,748		3,107	2004	2/11/2015
Albany, NY	SF		—		1,412		17,128		7,743		1,412		24,871		26,283		4,879	1998	11/22/2016
Albuquerque, NM	SF		—		3,062		28,201		288		3,062		28,489		31,551		8,076	2011	2/17/2016
Albuquerque, NM	O		—		2,905		23,804		61		2,905		23,865		26,770		6,294	2006	2/11/2015
Albuquerque, NM	O		9,690		2,345		28,611		546		2,345		29,157		31,502		10,098	2011	2/11/2015
Anaheim, CA	O		—		7,081		16,346		347		7,081		16,693		23,774		632	1991 / 2020	10/3/2023
Arlington, VA	SF		—		14,350		44,442		6,235		14,350		50,677		65,027		15,066	2009	2/11/2015
Atlanta, GA	SF		—		1,074		10,788		8,193		1,074		18,981		20,055		1,238	2008 / 2023	10/3/2023
Aurora, CO	SF		—		2,661		16,549		15		2,661		16,564		19,225		117	2002	10/10/2024
Bakersfield, CA	SF		—		438		2,253		807		438		3,060		3,498		639	2000	10/16/2018
Beavercreek, OH	SF		—		4,477		11,212		—		4,477		11,212		15,689		91	2012	9/4/2024
Birmingham, AL	SF		—		408		10,853		249		408		11,102		11,510		2,623	2005	7/1/2016
Birmingham, AL	SF		—		755		22,537		3,999		755		26,536		27,291		5,869	2005	7/1/2016
Birmingham, AL	O		—		1,410		17,276		120		1,410		17,396		18,806		3,502	2014	11/9/2018
Broomfield, CO	W		—		4,002		19,253		21		4,002		19,274		23,276		1,273	2012	5/10/2022
Brownsburg, IN	OC		—		1,774		26,300		24		1,774		26,324		28,098		2,084	2021	11/1/2021
Buffalo, NY	O		—		246		80,913		10,531		246		91,444		91,690		17,837	2004	9/13/2018
Cary, NC	O		—		3,942		13,303		—		3,942		13,303		17,245		32	1991	11/27/2024
Cary, NC	O		—		5,413		17,284		—		5,413		17,284		22,697		41	1994	11/27/2024
Cary, NC	O		—		7,026		15,460		—		7,026		15,460		22,486		42	1997	11/27/2024
Charleston, SC	C		—		1,324		21,189		3,540		1,324		24,729		26,053		3,785	1999	10/16/2018
Charleston, WV	O		—		551		13,732		2,010		551		15,742		16,293		3,145	1959 / 2000	9/13/2018
Chico, CA	OC		—		5,183		24,405		56		5,183		24,461		29,644		2,869	2019	4/30/2020
Clarksburg, WV	O		—		108		13,421		1,280		108		14,701		14,809		2,652	1999	9/13/2018
Cleveland, OH	O		—		563		18,559		500		563		19,059		19,622		2,225	1981 / 2021	7/22/2021
Council Bluffs, IA	C		—		791		11,984		—		791		11,984		12,775		987	2021	8/23/2022
Dallas, TX	SF		—		1,005		14,546		3,306		1,005		17,852		18,857		4,472	2001	2/11/2015
Dallas, TX	L		—		2,753		23,848		4,632		2,753		28,480		31,233		6,116	2001	12/1/2015
Dallas, TX	SF		—		740		8,191		802		740		8,993		9,733		1,726	2005	9/13/2018
Del Rio, TX	C		—		210		30,676		1,803		210		32,479		32,689		9,092	1992 / 2004	2/11/2015
Des Plaines, IL	O		—		1,742		9,325		393		1,742		9,718		11,460		1,790	1971 / 1999	9/13/2018
El Centro, CA	C		—		1,084		20,765		1,506		1,084		22,271		23,355		6,296	2004	2/11/2015
El Paso, TX	SF		—		2,430		33,649		5,021		2,430		38,670		41,100		5,736	1998 -2005	3/26/2020
Fresno, CA	O		—		1,499		68,309		5,566		1,499		73,875		75,374		20,491	2003	2/11/2015

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2024

(Amounts in thousands)

				Initial Cost to Company						Cost amount carried at Close of Period
Location	Type(1)	Encumbrances(2)		Land		Buildings and Improvements		Costs  Capitalized Subsequent to Acquisition(3)		Land		Buildings and Improvements		Total(4)		Accumulated Depreciation(3)(5)		Original Construction Date(s) (Unaudited)	Date  Acquired
Golden, CO	W	$	—	$	4,080	$	8,933	$	705	$	4,080	$	9,638	$	13,718	$	2,467	1996 / 2011	5/24/2018
Irvine, TX	SF		—		6,736		12,864		—		6,736		12,864		19,600		529	2000 / 2020	4/12/2024
Jackson, TN	C		—		332		24,324		1,557		332		25,881		26,213		2,563	1998	12/24/2020
Kansas City, KS	L		—		828		33,035		2,673		828		35,708		36,536		8,007	2003	7/1/2016
Kansas City, MO	SF		—		645		24,431		122		645		24,553		25,198		2,984	1998 / 2020	5/20/2021
Knoxville, TN	SF		—		2,840		25,775		536		2,840		26,311		29,151		4,222	2010	3/17/2021
Lakewood, CO	O		—		1,521		32,865		1,453		1,521		34,318		35,839		10,678	2004	2/11/2015
Lees Summit, MO	O		—		2,974		90,858		3,123		2,974		93,981		96,955		8,704	1969 / 1999	10/14/2021
Lenexa, KS	O		—		4,367		42,692		982		4,367		43,674		48,041		8,347	2007 / 2012	8/22/2019
Lenexa, KS	L		—		649		3,449		62,485		649		65,934		66,583		7,036	2020	5/27/2017
Lincoln, NE	O		—		2,311		26,328		1,281		2,311		27,609		29,920		8,003	2005	11/12/2015
Little Rock, AR	SF		—		2,278		19,318		855		2,278		20,173		22,451		5,782	2001	2/11/2015
Loma Linda, CA	OC		126,921		12,476		177,357		432		12,476		177,789		190,265		33,784	2016	6/1/2017
Louisville, KY	SF		—		1,005		5,473		170		1,005		5,643		6,648		557	2011	3/17/2021
Louisville, KY	SF		—		1,015		21,885		295		1,015		22,180		23,195		2,404	2011	3/17/2021
Lubbock, TX	W		—		541		972		—		541		972		1,513		328	2013	2/11/2015
Martinsburg, WV	SF		—		1,700		13,294		258		1,700		13,552		15,252		4,006	2007	2/11/2015
Mobile, AL	SF		—		2,045		20,400		8,019		2,045		28,419		30,464		2,263	2001	9/18/2020
Mobile, AL	OC		—		6,311		31,030		185		6,311		31,215		37,526		3,691	2018	4/30/2020
New Orleans, LA	SF		—		664		24,471		915		664		25,386		26,050		3,613	1999 / 2006	5/9/2019
Newport News, VA	C		—		252		14,477		130		252		14,607		14,859		452	2008	10/19/2023
North Charleston, SC	SF		10,544		963		34,987		1,892		963		36,879		37,842		10,082	1994 / 2012	2/11/2015
North Charleston, SC	W		—		918		14,033		32		918		14,065		14,983		1,461	2020	11/3/2020
Ogden, UT	W		—		4,964		11,507		—		4,964		11,507		16,471		32	1996	11/21/2024
Omaha, NE	SF		—		4,635		41,319		1,330		4,635		42,649		47,284		14,313	2009	2/11/2015
Omaha, NE	SF		—		1,517		14,156		518		1,517		14,674		16,191		4,016	2004	5/19/2016
Orange, CT	OC		—		3,098		23,613		37		3,098		23,650		26,748		3,026	2019	11/21/2019
Orlando, FL	SF		—		3,351		11,135		—		3,351		11,135		14,486		179	1996 / 2010	5/7/2024
Orlando, FL	SF		—		3,021		5,098		—		3,021		5,098		8,119		83	2006	5/9/2024
Parkersburg, WV	O		—		365		52,200		1,192		365		53,392		53,757		9,288	2004 / 2006	9/13/2018
Pittsburgh, PA	SF		—		384		24,877		3,501		384		28,378		28,762		5,638	2001	9/13/2018
Pleasanton, CA	L		—		5,765		20,859		373		5,765		21,232		26,997		4,892	2015	10/21/2015
Portland, OR	O		—		4,913		75,794		3,862		4,913		79,656		84,569		13,613	2002	1/31/2019
Richmond, VA	SF		—		3,041		23,931		2,285		3,041		26,216		29,257		6,778	2001	12/7/2015
Riverside, CA	SF		—		1,983		6,755		3,679		1,983		10,434		12,417		2,068	1997	2/11/2015

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2024

(Amounts in thousands)

				Initial Cost to Company							Cost amount carried at Close of Period
Location	Type(1)	Encumbrances(2)		Land		Buildings and Improvements		Costs  Capitalized Subsequent to Acquisition(3)			Land		Buildings and Improvements		Total(4)		Accumulated Depreciation(3)(5)		Original Construction Date(s) (Unaudited)	Date  Acquired
Sacramento, CA	SF	$	—	$	1,434	$	9,369	$	3,320		$	1,434	$	12,689	$	14,123	$	3,798	2002	2/11/2015
Salt Lake City, UT	SF		—		2,049		79,955		986			2,049		80,941		82,990		16,824	2012	9/28/2017
San Antonio, TX	SF		—		3,745		49,153		2,007			3,745		51,160		54,905		14,919	2007	2/11/2015
San Diego, CA	W		—		3,060		510		914			3,060		1,424		4,484		677	1999	2/11/2015
San Diego, CA	O		—		2,252		12,280		(7,841	)		1,216		5,475		6,691		532	2001	9/11/2015
San Diego, CA	SF		—		773		2,481		1,036			773		3,517		4,290		1,102	2003	2/11/2015
San Jose, CA	OC		—		10,419		52,750		86			10,419		52,836		63,255		8,547	2018	7/11/2018
Santa Ana, CA	SF		—		6,413		8,635		827			6,413		9,462		15,875		3,190	2004	2/11/2015
Savannah, GA	L		8,431		3,221		10,687		602			3,221		11,289		14,510		3,210	2013	2/11/2015
South Bend, IN	C		—		514		6,590		543			514		7,133		7,647		1,604	1996 / 2011	12/23/2016
South Bend, IN	OC		—		3,954		38,503		441			3,954		38,944		42,898		6,956	2017	11/16/2017
Springfield, IL	SF		—		118		16,629		75			118		16,704		16,822		1,543	2002	4/22/2021
Sterling, VA	L		—		2,556		21,817		13,713			2,556		35,530		38,086		5,135	2001	1/31/2019
Suffolk, VA	SF		—		7,141		61,577		9,353			7,141		70,930		78,071		10,144	1993 / 2004	5/8/2019
Tampa, FL	SF		—		5,002		57,553		1,537			5,002		59,090		64,092		3,860	2005	5/18/2022
Tracy, CA	W		—		2,678		548		29,739			2,678		30,287		32,965		4,716	2018	10/4/2017
Tustin, CA	O		—		8,532		24,279		342			8,532		24,621		33,153		4,128	1979 / 2019	10/22/2019
Upper Marlboro, MD	L		—		5,054		18,301		2,752			5,054		21,054		26,108		3,282	2002	11/15/2018
Vista, CA	L		—		3,998		24,053		2,942			3,998		26,995		30,993		6,631	2002	2/11/2015
Various	Various		—		8,028		15,691		168,823			8,028		184,514		192,542		—	N/A	Various
		$	155,586	$	268,579	$	2,290,868	$	477,831		$	267,543	$	2,769,736	$	3,037,279	$	465,184

(1)OC=Outpatient Clinic; SF=Specialized Facility; O=Office; C=Courthouse; L=Laboratory; W=Warehouse.

(2)Includes the unamortized balance of the fair value adjustments.

(3)Includes asset impairments recognized, write-offs of involuntary conversions and write-offs of acquired tenant improvements upon the tenant vacating the space.

(4)Excludes value of real estate intangibles.

(5)Depreciation of real estate property is computed on a straight-line basis over the estimated useful lives of the assets. The estimated lives of our assets range from 5 to 40 years or to the term of the underlying lease.

The aggregate cost and accumulated depreciation for tax purposes was approximately $2,855.4 million and $504.0 million, respectively.

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2024

(Amounts in thousands)

Analysis of the carrying amount of real estate properties and accumulated depreciation:

	Real Estate Properties			Accumulated Depreciation
Balance at December 31, 2021		2,676,565			277,377
Additions		135,914			69,999
Dispositions		(198,214	)		(23,960	)
Real estate impaired (1)		(7,675	)		(2,134	)
Balance at December 31, 2022		2,606,590			321,282
Additions		103,630			69,795
Dispositions		—			—
Balance at December 31, 2023		2,710,220			391,077
Additions		329,061			74,107
Dispositions		(2,002	)		—
Balance at December 31, 2024		3,037,279			465,184

(1)During the quarter ended September 30, 2022, we recognized an impairment loss totaling approximately $5.5 million for its ICE – Otay. See Note 3 and Note 8 for additional information.