

(c) Financial Statements Schedules (continued)

SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION
Forest City Enterprises, Inc. and Subsidiaries
				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition			Gross Amount at Which Carried at Close of December 31, 2013						Accumulated Depreciation at December 31, 2013 (C)		Date of Construction/ Acquisition	Range of Lives on Which Depreciation in Latest Income Statement is Computed
Name	Location	Amount of Encumbrance at December 31, 2013		Land		Buildings and Improvements		Improvements and Carrying Costs			Land		Buildings and Improvements		Total (A)(B)
Office Buildings		(in thousands)
2 Hanson Place	Brooklyn, NY	$	103,386	$	—	$	108,940	$	3,739		$	—	$	112,679	$	112,679	$	21,268	2004	(1)
4930 Oakton	Skokie, IL	—		670		1,842		2,554			1,081		3,985		5,066		651		2006	(1)
Ballston Common Office Center	Arlington, VA	43,507		7,301		45,964		6,296			7,301		52,260		59,561		10,193		2005	(1)
Commerce Court	Pittsburgh, PA	24,411		3,432		20,873		2,723			3,432		23,596		27,028		7,547		2007	(1)
Edgeworth Building	Richmond, VA	19,282		942		29,353		2,047			951		31,391		32,342		4,350		2006	(1)
Eleven MetroTech Center	Brooklyn, NY	61,000		—		41,290		17,047			6,270		52,067		58,337		21,588		1995	(1)
Fifteen MetroTech Center	Brooklyn, NY	168,970		3,762		163,414		8,482			—		175,658		175,658		35,653		2003	(1)
Halle Building	Cleveland, OH	11,001		503		9,776		34,604			5,071		39,812		44,883		36,515		1986	(1)
Harlem Center	Manhattan, NY	30,737		—		31,672		8,362			—		40,034		40,034		7,490		2003	(1)
Illinois Science and Technology Park
- 4901 Searle (A)	Skokie, IL	21,020		837		16,227		4,508			1,674		19,898		21,572		3,232		2006	(1)
- 8025 Lamon (P)	Skokie, IL	15,077		978		6,426		20,634			1,957		26,081		28,038		2,901		2006	(1)
- 8045 Lamon (Q)	Skokie, IL	18,682		3,301		21,198		28,502			6,601		46,400		53,001		6,215		2007	(1)
Johns Hopkins-855 North Wolfe Street	Baltimore, MD	69,885		7,314		76,318		12,135			7,314		88,453		95,767		9,878		2008	(1)
Johns Hopkins Parking Garage	Baltimore, MD	—		1,600		26,185		2,682			1,600		28,867		30,467		606		2012	(1)
Mesa del Sol - 5600 University SE	Albuquerque, NM	606		868		4,625		—			868		4,625		5,493		1,667		2006	(1)
Mesa del Sol - Aperture Center	Albuquerque, NM	—		834		3,010		71			834		3,081		3,915		1,076		2008	(1)
Mesa del Sol - Fidelity	Albuquerque, NM	22,862		5,003		29,872		81			5,003		29,953		34,956		2,669		2008	(1)
New York Times	Manhattan, NY	640,000		91,737		375,931		137,269			141,479		463,458		604,937		57,758		2007	(1)
Nine MetroTech Center North	Brooklyn, NY	60,927		—		64,303		4,250			380		68,173		68,553		23,470		1997	(1)
One MetroTech Center	Brooklyn, NY	163,770		—		212,153		53,775			23,543		242,385		265,928		106,548		1991	(1)
One Pierrepont Plaza	Brooklyn, NY	3,907		—		86,863		99,419			558		185,724		186,282		102,658		1988	(1)
Post Office Plaza	Cleveland, OH	14,851		—		57,213		24,923			—		82,136		82,136		39,202		1990	(1)
Richmond Office Park	Richmond, VA	64,189		11,766		88,632		7,697			11,766		96,329		108,095		17,142		2007	(1)
Skylight Office Tower	Cleveland, OH	27,411		2,500		32,695		33,646			—		68,841		68,841		37,191		1991	(1)
Stapleton-3055 Roslyn	Denver, CO	4,414		225		7,523		1,270			228		8,790		9,018		1,212		2006	(1)
Terminal Tower	Cleveland, OH	—		—		29,422		84,034			—		113,456		113,456		56,605		1983	(1)
Twelve MetroTech Center	Brooklyn, NY	—		—		42,344		16,140			1,847		56,637		58,484		10,122		2004	(1)
Two MetroTech Center	Brooklyn, NY	74,431		—		155,280		34,391			7,137		182,534		189,671		69,920		1990	(1)
University of Pennsylvania	Philadelphia, PA	47,578		—		41,146		10,707			—		51,853		51,853		9,343		2004	(1)
Miscellaneous Investments	Various	—		10,628		85,480		(18,698		)	9,303		68,107		77,410		19,200		Various	(1)
Office Buildings Subtotal		$	1,711,904	$	154,201	$	1,915,970	$	643,290		$	246,198	$	2,467,263	$	2,713,461	$	723,870



(c) Financial Statements Schedules (continued)

SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION
Forest City Enterprises, Inc. and Subsidiaries
				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition			Gross Amount at Which Carried at Close of December 31, 2013						Accumulated Depreciation at December 31, 2013 (C)		Date of Construction/ Acquisition	Range of Lives on Which Depreciation in Latest Income Statement is Computed
Name	Location	Amount of Encumbrance at December 31, 2013		Land		Buildings and Improvements		Improvements and Carrying Costs			Land		Buildings and Improvements		Total (A)(B)
Retail
Atlantic Center Site V	Brooklyn, NY	$	23	$	—	$	3,238	$	1,485		$	1,047	$	3,676	$	4,723	$	1,232	1998	(1)
Avenue at Tower City Center	Cleveland, OH	—		—		174,726		25,198			192		199,732		199,924		100,007		1990	(1)
Ballston Common Mall	Arlington, VA	46,100		170		18,069		67,072			442		84,869		85,311		44,528		1986	(1)
Brooklyn Commons	Brooklyn, NY	21,241		—		23,794		1,688			20,017		5,465		25,482		1,523		2004	(1)
Northfield at Stapleton	Denver, CO	43,401		4,830		80,687		84,499			24,683		145,333		170,016		28,735		2005	(1)
Promenade Bolingbrook	Bolingbrook, IL	74,621		20,271		95,390		(27,642		)	21,018		67,001		88,019		20,943		2007	(1)
Quartermaster Plaza	Philadelphia, PA	64,794		36,443		32,325		1,330			35,340		34,758		70,098		13,491		2004	(1)
Shops at Wiregrass	Tampa, FL	89,170		28,842		109,587		2,114			25,882		114,661		140,543		18,639		2008	(1)
Station Square	Pittsburgh, PA	24,356		5,989		27,519		17,201			6,443		44,266		50,709		19,718		1994	(1)
The Yards - Boilermaker Shops	Washington, D.C.	11,316		529		12,468		4,376			529		16,844		17,373		338		2012	(1)
The Yards - Lumber Shed	Washington, D.C.	6,747		306		12,820		—			306		12,820		13,126		109		2013	(1)
Tower City Parking	Cleveland, OH	—		2,317		11,789		16,036			2,049		28,093		30,142		11,960		1990	(1)
Westchester's Ridge Hill	Yonkers, NY	465,000		236,692		661,705		7,830			238,772		667,455		906,227		46,180		2011	(1)
Miscellaneous Investments	Various	19,253		12,911		20,607		12,861			20,911		25,468		46,379		7,757		Various	(1)
Retail Subtotal		$	866,022	$	349,300	$	1,284,724	$	214,048		$	397,631	$	1,450,441	$	1,848,072	$	315,160


Arena
Barclays Center	Brooklyn, NY	$	450,560	$	—	$	890,213	$	43,140		$	9,246	$	924,107	$	933,353	$	41,523	2012	(1)


Apartments
100 Landsdowne Street	Cambridge, MA	$	45,000	$	728	$	60,020	$	(136	)	$	819	$	59,793	$	60,612	$	12,815	2005	(1)
1111 Stratford	Stratford, CT	12,155		2,414		15,798		—			2,414		15,798		18,212		131		2013	(1)
1251 S. Michigan	Chicago, IL	9,500		97		13,978		764			106		14,733		14,839		2,738		2006	(1)
American Cigar Company	Richmond, VA	11,530		1,395		23,533		528			1,411		24,045		25,456		4,139		2000	(1)
Ashton Mill	Cumberland, RI	17,151		2,885		33,844		11,802			3,242		45,289		48,531		8,569		2005	(1)
Aster Conservatory Green	Denver, CO	17,843		1,325		13,125		—			1,325		13,125		14,450		121		2013	(1)
Botanica Eastbridge	Denver, CO	13,000		765		13,698		26			765		13,724		14,489		703		2012	(1)
Brookview Place	Dayton, OH	2,258		155		4,588		324			155		4,912		5,067		3,585		1979	(1)
Cameron Kinney	Richmond, VA	—		2,340		23,206		3,457			2,492		26,511		29,003		4,515		2007	(1)
Cedar Place	Lansing, MI	3,928		399		7,000		226			399		7,226		7,625		3,613		1974	(1)
Consolidated-Carolina	Richmond, VA	21,290		1,028		30,425		1,080			1,032		31,501		32,533		7,237		2003	(1)
Cutter's Ridge at Tobacco Row	Richmond, VA	—		389		4,356		(118		)	392		4,235		4,627		1,045		2006	(1)
Drake	Philadelphia, PA	27,201		1,353		38,104		8,173			1,353		46,277		47,630		13,184		1998	(1)
Easthaven at the Village	Beachwood, OH	25,741		7,919		39,768		7,695			8,087		47,295		55,382		18,995		1994	(1)
Forest Trace	Lauderhill, FL	38,907		4,356		41,505		2,195			4,543		43,513		48,056		13,282		2000	(1)
Foundry Lofts	Washington, D.C.	45,236		2,086		52,806		3,689			2,089		56,492		58,581		3,312		2011	(1)
Grand Lowry Lofts	Denver, CO	17,394		1,448		22,726		2,047			1,621		24,600		26,221		5,385		2000	(1)



(c) Financial Statements Schedules (continued)

SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION
Forest City Enterprises, Inc. and Subsidiaries
				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition		Gross Amount at Which Carried at Close of December 31, 2013						Accumulated Depreciation at December 31, 2013 (C)		Date of Construction/ Acquisition	Range of Lives on Which Depreciation in Latest Income Statement is Computed
Name	Location	Amount of Encumbrance at December 31, 2013		Land		Buildings and Improvements		Improvements and Carrying Costs		Land		Buildings and Improvements		Total (A)(B)
Apartments (continued)

Hamel Mill Lofts	Haverhill, MA	41,361		3,974		72,902		607		3,063		74,420		77,483		8,659		2008	(1)
Heritage	San Diego, CA	21,914		7,433		42,202		3,874		7,468		46,041		53,509		13,257		2002	(1)
Hummingbird Pointe	Parma, OH	6,098		330		5,059		16,613		1,351		20,651		22,002		8,612		1972	(1)
Independence Place I	Parma Heights, OH	4,145		210		6,671		1,188		225		7,844		8,069		4,034		1973	(1)
Independence Place II	Parma Heights, OH	3,265		498		3,931		2,053		515		5,967		6,482		1,751		2003	(1)
Kennedy Biscuit Lofts	Cambridge, MA	20,600		716		23,645		4,446		719		28,088		28,807		15,357		1990	(1)
Knolls	Orange, CA	32,520		53		23,759		543		53		24,302		24,355		10,817		1995	(1)
Lofts 23	Cambridge, MA	6,085		221		17,026		54		314		16,987		17,301		4,111		2005	(1)
Lofts at 1835 Arch	Philadelphia, PA	38,291		2,076		27,430		12,398		2,082		39,822		41,904		10,423		2001	(1)
Lucky Strike	Richmond, VA	15,278		1,105		34,095		35		3,019		32,216		35,235		5,465		2008	(1)
Mercantile Place on Main	Dallas, TX	36,999		8,876		75,478		5,124		8,798		80,680		89,478		13,900		2008	(1)
Metro 417	Los Angeles, CA	48,990		8,545		67,326		4,230		8,547		71,554		80,101		13,550		2005	(1)
Metropolitan	Los Angeles, CA	38,900		4,420		36,557		9,732		4,474		46,235		50,709		22,370		1989	(1)
Midtown Towers	Parma, OH	13,198		1,215		11,091		11,241		1,306		22,241		23,547		9,526		1969	(1)
Museum Towers	Philadelphia, PA	31,344		3,474		18,158		6,372		3,909		24,095		28,004		8,848		1997	(1)
North Church Towers	Parma Heights, OH	5,300		789		4,037		2,982		816		6,992		7,808		1,375		2009	(1)
One Franklintown	Philadelphia, PA	37,821		1,658		31,489		8,650		1,741		40,056		41,797		19,893		1988	(1)
Pavilion	Chicago, IL	53,064		5,250		29,505		14,233		5,274		43,714		48,988		11,926		1992	(1)
Perrytown Place	Pittsburgh, PA	4,663		463		6,898		188		463		7,086		7,549		3,946		1973	(1)
Presidio Landmark	San Francisco, CA	44,000		2,060		92,687		1,753		2,064		94,436		96,500		10,248		2010	(1)
Queenswood	Corona, NY	28,729		321		39,243		841		327		40,078		40,405		17,381		1990	(1)
Sky55	Chicago, IL	68,237		3,965		80,930		276		4,016		81,155		85,171		17,696		2006	(1)
The Aster Town Center	Denver, CO	8,364		487		9,901		11		487		9,912		10,399		614		2012	(1)
The Continental	Dallas, TX	37,486		1,586		48,455		—		1,586		48,455		50,041		1,578		2013	(1)
Town Center (Botanica on the Green & Crescent Flats)	Denver, CO	38,073		3,436		63,073		3,952		3,325		67,136		70,461		16,603		2004	(1)
Uptown Apartments	Oakland, CA	118,479		—		138,710		—		—		138,710		138,710		2,193		2013	(1)
Wilson Building	Dallas, TX	12,776		2,217		16,565		3,561		1,937		20,406		22,343		3,387		2007	(1)
Miscellaneous Investments	Various	27,069		447		78,944		3,083		406		82,068		82,474		18,266		Various	(1)
Apartments Subtotal		$	1,151,183	$	96,907	$	1,544,247	$	159,792	$	100,530	$	1,700,416	$	1,800,946	$	379,155



(c) Financial Statements Schedules (continued)

SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION
Forest City Enterprises, Inc. and Subsidiaries
				Initial Cost to Company				Cost Capitalized Subsequent to Acquisition		Gross Amount at Which Carried at Close of December 31, 2013						Accumulated Depreciation at December 31, 2013 (C)		Date of Construction/ Acquisition	Range of Lives on Which Depreciation in Latest Income Statement is Computed
Name	Location	Amount of Encumbrance at December 31, 2013		Land		Buildings and Improvements		Improvements and Carrying Costs		Land		Buildings and Improvements		Total (A)(B)
Land Inventory
Stapleton	Denver, CO	$	—	$	64,395	$	—	$	—	$	64,395	$	—	$	64,395	$	—	Various	N/A
LiveWork Las Vegas	Las Vegas, NV	—		29,464		—		—		29,464		—		29,464		—		Various	N/A
Commercial Outlots	Various	—		32,895		—		—		32,895		—		32,895		—		Various	N/A
Land Inventory Subtotal		$	—	$	126,754	$	—	$	—	$	126,754	$	—	$	126,754	$	—

Corporate and Other Equipment
Corporate office	Various	$	—	$	—	$	11,401	$	—	$	—	$	11,401	$	11,401	$	9,620	Various	(1)

Construction Projects
2175 Market Street	San Fransisco, CA	$	55	$	3,018	$	15,684	$	—	$	3,018	$	15,684	$	18,702	—		Various	N/A
Brooklyn Atlantic Yards - B2 BKLYN	Brooklyn, NY	56,605		45,700		70,768		—		45,700		70,768		116,468		—		Various	N/A
The Yards - Twelve12	Washington, D.C.	78,857		4,804		76,889		—		4,804		76,889		81,693		—		Various	N/A
Winchester Lofts	New Haven, CT	—		67		14,468		—		67		14,468		14,535		—		Various	N/A
Miscellaneous Investments	Various	—		—		29,181		—		—		29,181		29,181		—		Various	N/A

Development Projects
Brooklyn Atlantic Yards	Brooklyn, NY	228,000		504,171		—		—		504,171		—		504,171		—		Various	N/A
The Yards	Washington, D.C.	4,300		—		68,059		—		—		68,059		68,059		—		Various	N/A
The Science + Technology Park at Johns Hopkins	Baltimore, MD	—		5,386		19,823		—		5,386		19,823		25,209		—		Various	N/A
Waterfront Station	Washington, D.C.	—		559		31,106		—		559		31,106		31,665		—		Various	N/A
Miscellaneous Investments	Various	32,020		19,763		130,204		—		19,763		130,204		149,967		—		Various	N/A
Construction and Development Subtotal		$	399,837	$	583,468	$	456,182	$	—	$	583,468	$	456,182	$	1,039,650	$	—

Total Real Estate		$	4,579,506	$	1,310,630	$	6,102,737	$	1,060,270	$	1,463,827	$	7,009,810	$	8,473,637	$	1,469,328
Land Held for Divestiture	Various	—		1,934		—		—		1,934		—		1,934		—		Various	N/A
Total Real Estate Including Land Held for Divestiture		$	4,579,506	$	1,312,564	$	6,102,737	$	1,060,270	$	1,465,761	$	7,009,810	$	8,475,571	$	1,469,328


(A)	The aggregate cost at December 31, 2013 for federal income tax purposes was $8,170,396. For (B) and (C) refer to the following page.


(1)	Depreciation is computed based upon the following estimated useful lives:



	Years
Building and improvements (other than Arena)	40 – 50
Arena	34.5
Equipment and fixtures	5 – 15
Tenant improvements	Shorter of useful life or applicable lease term