REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Jul. 31, 2019

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III

J.W. MAYS, INC.
REAL ESTATE AND ACCUMULATED DEPRECIATION
July 31, 2019

Col. A	Col. B			Col. C				Col. D					Col. E							Col. F		Col. G	Col. H	Col. I
								Cost Capitalized																Life on Which
								Subsequent to					Gross Amount at Which Carried											Depreciation in
				Initial Cost to Company				Acquisition					At Close of Period											Latest Income
						Building &				Carried					Building &					Accumulated		Date of	Date	Statement is
Description	Encumbrances			Land		Improvements		Improvements		Cost			Land		Improvements			Total		Depreciation		Construction	Acquired	Computed
Office and Rental Buildings
Brooklyn, New York         Fulton Street at Bond Street		$	5,298,610	$	3,901,349	$	7,403,468	$	24,705,476		$	—	$	3,901,349		$	32,108,944	$	36,010,293	$	13,715,547	Various	Various	(1) (2)
Jamaica, New York
Jamaica Avenue at                169th Street			—		—		3,215,699		18,265,742			—		—			21,481,441		21,481,441		11,494,356	1959	1959	(1) (2)
Fishkill, New York
Route 9 at Interstate               Highway 84			—		594,723		7,212,116		7,975,313			—		594,723			15,187,429		15,782,152		9,200,826	10/74	11/72	(1)
Brooklyn, New York
Jowein Building Fulton Street                and Elm Place			—		1,324,957		728,327		16,284,188			—		1,324,957			17,012,515		18,337,472		5,982,747	1915	1950	(1) (2)
Levittown, New York Hempstead
Turnpike			—		125,927		—		—			—		125,927			—		125,927		—	4/69	6/62	(1)
Circleville, Ohio
Tarlton Road			—		120,849		4,388,456		86,520			—		120,849			4,474,976		4,595,825		2,916,794	9/92	12/92	(1)
Total(A)		$	5,298,610	$	6,067,805	$	22,948,066	$	67,317,239		$	—	$	6,067,805		$	90,265,305	$	96,333,110	$	43,310,270

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(1)	Building and improvements	18–40 years
(2)	Improvements to leased property	3–40 years

(A) Does not include Office Furniture and Equipment and Transportation Equipment in the amount of $308,611 and Accumulated Depreciation thereon of $202,148 at July 31, 2019.

	Year Ended July 31,
	2019		2018
Investment in Real Estate
Balance at Beginning of Year	$	92,061,623	$	89,016,227
Improvements		4,271,487		3,045,396
Retirements		—		—
Balance at End of Year	$	96,333,110	$	92,061,623
Accumulated Depreciation
Balance at Beginning of Year	$	41,382,962	$	39,648,642
Additions Charged to Costs and Expenses		1,927,308		1,734,320
Retirements		—		—
Balance at End of Year	$	43,310,270	$	41,382,962