

			Initial Costs								Gross Amount at Which Carried at Close of Period
	Encumbrances		Land and Land Improvements		Buildings and Improvements		Total Initial Acquisition Costs		Costs of Improvements Capitalized Subsequent to Acquisition Costs		Land and Land Improvements		Buildings & Buildings Improvements		Total Carrying Value		Accumulated Depreciation		Date of Construction(a)	Date Acquired
WEST REGION
Harbor at Mesa Verde	$	50,358	$	20,476	$	28,538	$	49,014	$	12,949	$	21,058	$	40,905	$	61,963	$	26,242	2003	Jun-03
27 Seventy Five Mesa Verde	30,660		99,329		110,644		209,973		91,693		112,333		189,333		301,666		72,689		1972/2013	Oct-04
Pacific Shores	34,112		7,345		22,624		29,969		9,150		7,759		31,360		39,119		19,665		2003	Jun-03
Huntington Vista	27,972		8,055		22,486		30,541		7,637		8,438		29,740		38,178		18,655		1970	Jun-03
Missions at Back Bay	—		229		14,129		14,358		2,133		10,802		5,689		16,491		3,994		1969	Dec-03
Coronado at Newport — North	—		62,516		46,082		108,598		24,693		66,756		66,535		133,291		41,982		2000	Oct-04
Huntington Villas	50,771		61,535		18,017		79,552		7,132		62,223		24,461		86,684		16,061		1972	Sep-04
Vista Del Rey	—		10,670		7,080		17,750		2,062		10,830		8,982		19,812		5,769		1969	Sep-04
Foxborough	—		12,071		6,187		18,258		2,749		12,366		8,641		21,007		5,119		1969	Sep-04
Coronado South	—		58,785		50,067		108,852		17,875		59,277		67,450		126,727		40,783		2000	Mar-05
1818 Platinum Triangle	—		16,663		51,905		68,568		470		16,693		52,345		69,038		13,682		2009	Aug-10
Beach & Ocean	—		12,878		—		12,878		38,160		13,007		38,031		51,038		347		2014	Aug-11
The Residences at Bella Terra	—		25,000		—		25,000		125,801		25,080		125,721		150,801		11,032		2013	Oct-11
Los Alisos at Mission Viejo	—		17,298		—		17,298		69,882		16,386		70,794		87,180		4,449		2014	Jun-04
ORANGE COUNTY, CA	193,873		412,850		377,759		790,609		412,386		443,008		759,987		1,202,995		280,469
2000 Post Street	—		9,861		44,578		54,439		8,965		10,241		53,163		63,404		24,289		1987	Dec-98
Birch Creek	—		4,365		16,696		21,061		6,544		5,068		22,537		27,605		12,889		1968	Dec-98
Highlands Of Marin	—		5,996		24,868		30,864		25,720		7,127		49,457		56,584		26,904		2010	Dec-98
Marina Playa	—		6,224		23,916		30,140		9,482		6,908		32,714		39,622		18,351		1971	Dec-98
River Terrace	39,310		22,161		40,137		62,298		3,315		22,359		43,254		65,613		23,857		2005	Aug-05
CitySouth	—		14,031		30,537		44,568		35,190		16,261		63,497		79,758		30,810		2012	Nov-05
Bay Terrace	—		8,545		14,458		23,003		4,571		11,424		16,150		27,574		8,710		1962	Oct-05
Highlands of Marin Phase II	—		5,353		18,559		23,912		11,059		5,753		29,218		34,971		13,438		2010	Oct-07
Edgewater	—		30,657		83,872		114,529		3,261		30,687		87,103		117,790		34,141		2007	Mar-08
Almaden Lake Village	27,000		594		42,515		43,109		4,838		741		47,206		47,947		18,420		1999	Jul-08
388 Beale	—		14,253		74,104		88,357		4,511		14,276		78,592		92,868		16,399		1999	Apr-11
Channel @ Mission Bay	—		23,625		—		23,625		125,275		23,657		125,243		148,900		7,463		2014	Sep-10
2000 Post III	—		1,756		7,753		9,509		3,008		3,291		9,226		12,517		5,535		2006	Dec-98
SAN FRANCISCO, CA	66,310		147,421		421,993		569,414		245,739		157,793		657,360		815,153		241,206
Rosebeach	—		8,414		17,449		25,863		2,945		8,584		20,224		28,808		11,880		1970	Sep-04
Tierra Del Rey	32,635		39,586		36,679		76,265		3,008		39,647		39,626		79,273		16,561		1999	Dec-07
The Westerly	67,700		48,182		102,364		150,546		36,334		50,662		136,218		186,880		35,540		2013	Sep-10
Jefferson at Marina del Rey	—		55,651		—		55,651		89,717		61,262		84,106		145,368		27,682		2008	Sep-07
LOS ANGELES, CA	100,335		151,833		156,492		308,325		132,004		160,155		280,174		440,329		91,663
Crowne Pointe	—		2,486		6,437		8,923		5,074		2,822		11,175		13,997		7,069		1987	Dec-98
Hilltop	—		2,174		7,408		9,582		3,722		2,668		10,636		13,304		6,431		1985	Dec-98
The Hawthorne	35,500		6,474		30,226		36,700		3,187		6,575		33,312		39,887		18,512		2003	Jul-05
The Kennedy	—		6,179		22,307		28,486		1,742		6,242		23,986		30,228		12,640		2005	Nov-05
Hearthstone at Merrill Creek	22,957		6,848		30,922		37,770		3,180		6,984		33,966		40,950		13,370		2000	May-08
Island Square	—		21,284		89,389		110,673		4,086		21,413		93,346		114,759		34,577		2007	Jul-08
Borgata	—		6,379		24,569		30,948		722		6,404		25,287		31,691		11,013		2001	May-07
elements too	—		27,468		72,036		99,504		14,258		30,100		83,662		113,762		33,927		2010	Feb-10
989elements	—		8,541		45,990		54,531		1,592		8,552		47,571		56,123		13,663		2006	Dec-09
Lightbox	—		6,449		38,884		45,333		55		6,449		38,939		45,388		854		2014	Aug-14
Waterscape	—		9,693		65,176		74,869		50		9,693		65,226		74,919		1,028		2014	Sep-14
SEATTLE, WA	58,457		103,975		433,344		537,319		37,668		107,902		467,106		575,008		153,084
Boronda Manor	—		1,946		8,982		10,928		9,398		3,169		17,136		20,305		8,611		1979	Dec-98
Garden Court	—		888		4,188		5,076		5,304		1,552		8,828		10,380		4,603		1973	Dec-98



		Initial Costs				Gross Amount at Which Carried at Close of Period
	Encumbrances	Land and Land Improvements	Buildings and Improvements	Total Initial Acquisition Costs	Costs of Improvements Capitalized Subsequent to Acquisition Costs	Land and Land Improvements	Buildings & Buildings Improvements	Total Carrying Value	Accumulated Depreciation	Date of Construction(a)	Date Acquired
Cambridge Court	—	3,039	12,883	15,922	14,266	5,274	24,914	30,188	13,065	1974	Dec-98
Laurel Tree	—	1,304	5,115	6,419	5,872	2,139	10,152	12,291	5,264	1977	Dec-98
The Pointe At Harden Ranch	—	6,388	23,854	30,242	25,703	9,848	46,097	55,945	23,292	1986	Dec-98
The Pointe At Northridge	—	2,044	8,028	10,072	9,582	3,269	16,385	19,654	8,761	1979	Dec-98
The Pointe At Westlake	—	1,329	5,334	6,663	6,207	2,154	10,716	12,870	5,276	1975	Dec-98
MONTEREY PENINSULA, CA	—	16,938	68,384	85,322	76,332	27,405	134,228	161,633	68,872
Verano at Rancho Cucamonga Town Square	46,471	13,557	3,645	17,202	53,385	23,066	47,521	70,587	31,638	2006	Oct-02
Windemere at Sycamore Highland	—	5,810	23,450	29,260	2,656	6,100	25,816	31,916	16,798	2001	Nov-02
Villas at Carlsbad	—	6,517	10,718	17,235	2,181	6,763	12,653	19,416	7,330	1966	Oct-04
Ocean Villas	—	5,135	12,789	17,924	1,817	5,326	14,415	19,741	8,442	1965	Oct-04
OTHER SOUTHERN, CA	46,471	31,019	50,602	81,621	60,039	41,255	100,405	141,660	64,208
Tualatin Heights	—	3,273	9,134	12,407	6,517	3,839	15,085	18,924	9,653	1989	Dec-98
Andover Park	16,818	2,916	16,995	19,911	8,174	3,210	24,875	28,085	16,127	1989	Sep-04
Hunt Club	18,323	6,014	14,870	20,884	5,918	6,364	20,438	26,802	13,604	1985	Sep-04
PORTLAND, OR	35,141	12,203	40,999	53,202	20,609	13,413	60,398	73,811	39,384
TOTAL WEST REGION	500,587	876,239	1,549,573	2,425,812	984,777	950,931	2,459,658	3,410,589	938,886
MID-ATLANTIC REGION
Dominion Middle Ridge	29,820	3,311	13,283	16,594	6,738	3,823	19,509	23,332	13,634	1990	Jun-96
Dominion Lake Ridge	20,372	2,366	8,387	10,753	6,207	2,865	14,095	16,960	9,879	1987	Feb-96
Presidential Greens	—	11,238	18,790	30,028	9,111	11,640	27,499	39,139	18,907	1938	May-02
The Whitmore	—	6,418	13,411	19,829	20,350	7,493	32,686	40,179	21,571	2008	Apr-02
Ridgewood	—	5,612	20,086	25,698	8,108	6,012	27,794	33,806	19,540	1988	Aug-02
DelRay Tower	—	297	12,786	13,083	111,790	9,447	115,426	124,873	2,382	2014	Jan-08
Waterside Towers	—	1,139	49,657	50,796	15,246	36,028	30,014	66,042	19,530	1971	Dec-03
Wellington Place at Olde Town	32,037	13,753	36,059	49,812	17,071	14,650	52,233	66,883	32,364	2008	Sep-05
Andover House	—	14,357	51,577	65,934	3,173	14,373	54,669	69,042	24,673	2004	Mar-07
Sullivan Place	—	1,137	103,676	104,813	5,604	1,373	109,044	110,417	44,942	2007	Dec-07
Circle Towers	70,606	32,815	107,051	139,866	10,812	33,105	117,573	150,678	45,360	1972	Mar-08
Delancey at Shirlington	—	21,606	66,765	88,371	1,770	21,632	68,509	90,141	26,624	2006/2007	Mar-08
View 14	—	5,710	97,941	103,651	2,407	5,721	100,337	106,058	20,042	2009	Jun-11
Signal Hill	—	13,290	—	13,290	69,526	25,399	57,417	82,816	20,799	2010	Mar-07
Capitol View on 14th	—	31,393	—	31,393	94,301	31,394	94,300	125,694	11,374	2013	Sep-07
Domain College Park	31,337	7,300	—	7,300	57,935	7,306	57,929	65,235	4,247	2014	Jun-11
METROPOLITAN, D.C.	184,172	171,742	599,469	771,211	440,149	232,261	979,034	1,211,295	335,868
Dominion Kings Place	14,525	1,565	7,007	8,572	4,199	1,808	10,963	12,771	8,117	1983	Dec-92
Dominion At Eden Brook	—	2,361	9,384	11,745	6,515	2,952	15,308	18,260	11,890	1984	Dec-92
Ellicott Grove	—	2,920	9,099	12,019	23,075	5,306	29,788	35,094	22,140	2008	Jul-94
Dominion Constant Freindship	8,783	903	4,669	5,572	3,941	1,277	8,236	9,513	5,965	1990	May-95
Lakeside Mill	12,569	2,666	10,109	12,775	4,581	2,985	14,371	17,356	10,818	1989	Dec-99
Tamar Meadow	—	4,145	17,150	21,295	5,089	4,577	21,807	26,384	14,882	1990	Nov-02
Calvert’s Walk	—	4,408	24,692	29,100	6,766	4,726	31,140	35,866	19,763	1988	Mar-04
Arborview Apartments	—	4,653	23,952	28,605	7,731	5,209	31,127	36,336	20,296	1992	Mar-04
Liriope Apartments	—	1,620	6,791	8,411	1,250	1,646	8,015	9,661	5,090	1997	Mar-04
20 Lambourne	30,834	11,750	45,590	57,340	5,433	12,018	50,755	62,773	21,218	2003	Mar-08
Domain Brewers Hill	—	4,669	40,630	45,299	581	4,678	41,202	45,880	10,343	2009	Aug-10
BALTIMORE, MD	66,711	41,660	199,073	240,733	69,161	47,182	262,712	309,894	150,522
Dominion English Hills	—	1,979	11,524	13,503	8,224	2,873	18,854	21,727	11,134	1969/1976	Dec-91
Gayton Pointe Townhomes	—	826	5,148	5,974	29,434	3,420	31,988	35,408	25,999	2007	Sep-95
Waterside At Ironbridge	—	1,844	13,239	15,083	7,335	2,299	20,119	22,418	13,123	1987	Sep-97
Carriage Homes at Wyndham	—	474	30,997	31,471	7,560	3,801	35,230	39,031	23,205	1998	Nov-03



		Initial Costs				Gross Amount at Which Carried at Close of Period
	Encumbrances	Land and Land Improvements	Buildings and Improvements	Total Initial Acquisition Costs	Costs of Improvements Capitalized Subsequent to Acquisition Costs	Land and Land Improvements	Buildings & Buildings Improvements	Total Carrying Value	Accumulated Depreciation	Date of Construction(a)	Date Acquired
Legacy at Mayland	34,567	—	—	—	20,954	1,975	18,979	20,954	18,906	2007	Dec-91
RICHMOND, VA	34,567	5,123	60,908	66,031	73,507	14,368	125,170	139,538	92,367
Eastwind	—	155	5,317	5,472	6,374	659	11,187	11,846	9,145	1970	Apr-88
Dominion Waterside At Lynnhaven	—	1,824	4,107	5,931	6,369	2,337	9,963	12,300	7,634	1966	Aug-96
Heather Lake	—	617	3,400	4,017	10,120	1,205	12,932	14,137	12,126	1972/1974	Mar-80
Dominion Yorkshire Downs	—	1,089	8,582	9,671	6,123	1,594	14,200	15,794	9,290	1987	Dec-97
NORFOLK, VA	—	3,685	21,406	25,091	28,986	5,795	48,282	54,077	38,195
Greens At Schumaker Pond	—	710	6,118	6,828	6,143	1,043	11,928	12,971	8,541	1988	May-95
OTHER MID-ATLANTIC	—	710	6,118	6,828	6,143	1,043	11,928	12,971	8,541
TOTAL MID-ATLANTIC REGION	285,450	222,920	886,974	1,109,894	617,946	300,649	1,427,126	1,727,775	625,493
SOUTHEAST REGION
Summit West	—	2,176	4,710	6,886	8,513	3,236	12,163	15,399	10,443	1972	Dec-92
The Breyley	—	1,780	2,458	4,238	17,167	3,346	18,059	21,405	16,232	2007	Sep-93
Lakewood Place	18,526	1,395	10,647	12,042	8,972	2,329	18,685	21,014	13,790	1986	Mar-94
Bay Meadow	—	2,893	9,254	12,147	10,416	4,277	18,286	22,563	13,550	2004	Dec-96
Cambridge Woods	12,713	1,791	7,166	8,957	8,655	2,613	14,999	17,612	10,681	1985	Jun-97
Sugar Mill Creek	—	2,242	7,553	9,795	6,846	2,734	13,907	16,641	8,998	1988	Dec-98
Inlet Bay	—	7,702	23,150	30,852	14,657	9,211	36,298	45,509	25,585	1988/1989	Jun-03
MacAlpine Place	—	10,869	36,858	47,727	7,384	11,408	43,703	55,111	27,162	2001	Dec-04
The Vintage Lofts at West End	—	6,611	37,663	44,274	15,827	15,120	44,981	60,101	19,020	2009	Jul-09
TAMPA, FL	31,239	37,459	139,459	176,918	98,437	54,274	221,081	275,355	145,461
Seabrook	—	1,846	4,155	6,001	8,052	2,681	11,372	14,053	9,077	2004	Feb-96
The Canopy Apartment Villas	—	2,895	6,456	9,351	21,457	5,470	25,338	30,808	22,904	2008	Mar-93
Altamira Place	—	1,533	11,076	12,609	20,241	3,450	29,400	32,850	24,329	2007	Apr-94
Regatta Shore	—	757	6,608	7,365	15,549	2,018	20,896	22,914	16,423	2007	Jun-94
Alafaya Woods	18,064	1,653	9,042	10,695	8,911	2,522	17,084	19,606	12,624	2006	Oct-94
Los Altos	21,942	2,804	12,349	15,153	10,494	4,020	21,627	25,647	14,273	2004	Oct-96
Lotus Landing	—	2,185	8,639	10,824	9,569	2,841	17,552	20,393	11,184	2006	Jul-97
Seville On The Green	—	1,282	6,498	7,780	6,722	1,705	12,797	14,502	8,546	2004	Oct-97
Ashton @ Waterford	23,388	3,872	17,538	21,410	4,049	4,179	21,280	25,459	12,963	2000	May-98
Arbors at Lee Vista	—	6,692	12,860	19,552	12,591	7,220	24,923	32,143	18,328	2007	Aug-06
ORLANDO, FL	63,394	25,519	95,221	120,740	117,635	36,106	202,269	238,375	150,651
Legacy Hill	—	1,148	5,867	7,015	8,636	1,762	13,889	15,651	10,830	1977	Nov-95
Hickory Run	—	1,469	11,584	13,053	9,761	2,139	20,675	22,814	13,482	1989	Dec-95
Carrington Hills	—	2,117	—	2,117	33,846	4,462	31,501	35,963	20,064	1999	Dec-95
Brookridge	—	708	5,461	6,169	4,500	1,143	9,526	10,669	6,641	1986	Mar-96
Breckenridge	—	766	7,714	8,480	4,357	1,258	11,579	12,837	7,704	1986	Mar-97
Colonnade	16,677	1,460	16,015	17,475	4,934	1,946	20,463	22,409	11,461	1998	Jan-99
The Preserve at Brentwood	22,157	3,182	24,674	27,856	6,276	3,508	30,624	34,132	19,951	1998	Jun-04
Polo Park	—	4,583	16,293	20,876	16,042	5,643	31,275	36,918	20,471	2008	May-06
NASHVILLE, TN	38,834	15,433	87,608	103,041	88,352	21,861	169,532	191,393	110,604
The Reserve and Park at Riverbridge	39,179	15,968	56,401	72,369	8,947	16,536	64,780	81,316	38,317	1999/2001	Dec-04
OTHER FLORIDA	39,179	15,968	56,401	72,369	8,947	16,536	64,780	81,316	38,317
TOTAL SOUTHEAST REGION	172,646	94,379	378,689	473,068	313,371	128,777	657,662	786,439	445,033
NORTHEAST REGION
Garrison Square	—	5,591	91,027	96,618	6,048	5,631	97,035	102,666	23,767	1887/1990	Sep-10
Ridge at Blue Hills	22,839	6,039	34,869	40,908	1,238	6,102	36,044	42,146	9,052	2007	Sep-10
Inwood West	56,447	20,778	88,096	108,874	3,034	19,309	92,599	111,908	20,102	2006	Apr-11
14 North	—	10,961	51,175	62,136	4,563	10,999	55,700	66,699	12,750	2005	Apr-11
BOSTON, MA	79,286	43,369	265,167	308,536	14,883	42,041	281,378	323,419	65,671



			Initial Costs								Gross Amount at Which Carried at Close of Period
	Encumbrances		Land and Land Improvements		Buildings and Improvements		Total Initial Acquisition Costs		Costs of Improvements Capitalized Subsequent to Acquisition Costs		Land and Land Improvements		Buildings & Buildings Improvements		Total Carrying Value		Accumulated Depreciation		Date of Construction(a)	Date Acquired
10 Hanover Square	190,462		41,432		218,983		260,415		8,396		41,481		227,330		268,811		42,678		2005	Apr-11
21 Chelsea	—		36,399		107,154		143,553		10,915		36,399		118,069		154,468		20,910		2001	Aug-11
View 34	—		114,410		324,920		439,330		85,635		115,024		409,941		524,965		72,318		1985/2013	Jul-11
95 Wall Street	—		57,637		266,255		323,892		6,296		57,736		272,452		330,188		54,973		2008	Aug-11
NEW YORK, NY	190,462		249,878		917,312		1,167,190		111,242		250,640		1,027,792		1,278,432		190,879
TOTAL NORTHEAST REGION	269,748		293,247		1,182,479		1,475,726		126,125		292,681		1,309,170		1,601,851		256,550
SOUTHWEST REGION
THIRTY377	30,023		24,036		32,951		56,987		8,162		24,311		40,838		65,149		21,663		2007	Aug-06
Legacy Village	72,415		16,882		100,102		116,984		7,325		17,280		107,029		124,309		44,321		6/7/2005	Mar-08
Garden Oaks	—		2,132		5,367		7,499		1,631		6,936		2,194		9,130		1,842		1979	Mar-07
Glenwood	—		7,903		554		8,457		1,897		8,159		2,195		10,354		1,366		1970	May-07
Talisker of Addison	—		10,440		634		11,074		1,917		10,841		2,150		12,991		1,836		1975	May-07
Springhaven	—		6,688		3,354		10,042		1,289		8,350		2,981		11,331		2,231		1977	Apr-07
Clipper Pointe	—		13,221		2,507		15,728		2,398		14,948		3,178		18,126		2,618		1978	May-07
Highlands of Preston	—		2,151		8,168		10,319		31,139		5,989		35,469		41,458		24,269		2008	Mar-98
DALLAS, TX	102,438		83,453		153,637		237,090		55,758		96,814		196,034		292,848		100,146
Barton Creek Landing	—		3,151		14,269		17,420		22,118		4,807		34,731		39,538		20,260		2010	Mar-02
Residences at the Domain	30,661		4,034		55,256		59,290		2,608		4,200		57,698		61,898		21,988		2007	Aug-08
Red Stone Ranch	—		5,084		17,646		22,730		1,625		5,115		19,240		24,355		3,687		2000	Apr-12
Lakeline Villas	—		4,148		16,869		21,017		1,065		4,159		17,923		22,082		3,370		2004	Apr-12
AUSTIN, TX	30,661		16,417		104,040		120,457		27,416		18,281		129,592		147,873		49,305
TOTAL SOUTHWEST REGION	133,099		99,870		257,677		357,547		83,174		115,095		325,626		440,721		149,451
TOTAL OPERATING COMMUNITIES	1,361,530		1,586,655		4,255,392		5,842,047		2,125,393		1,788,133		6,179,242		7,967,375		2,415,413
REAL ESTATE UNDER DEVELOPMENT
Pier 4	—		24,584		—		24,584		153,048		24,584		153,048		177,632		—
TOTAL REAL ESTATE UNDER DEVELOPMENT	—		24,584		—		24,584		153,048		24,584		153,048		177,632		—
LAND
7 Harcourt	—		884		—		884		4,734		804		4,814		5,618		614
Vitruvian	—		4,325		1,360		5,685		7,965		11,244		2,406		13,650		2,023
Pacific City	—		78,085		—		78,085		7,962		78,085		7,962		86,047		—
Graybar	—		32,938		—		32,938		283		32,938		283		33,221		—
3032 Wilshire	—		9,963		788		10,751		1,642		9,963		2,430		12,393		788
2919 Wilshire	—		6,773		527		7,300		880		6,773		1,407		8,180		527
Waterside	—		11,862		93		11,955		189		12,084		60		12,144		263
TOTAL LAND	—		144,830		2,768		147,598		23,655		151,891		19,362		171,253		4,215
COMMERCIAL
Hanover Village	—		1,624		—		1,624		—		1,104		520		1,624		553
Circle Towers Office Bldg	—		1,407		4,498		5,905		1,516		1,380		6,041		7,421		2,232
Brookhaven Shopping Center	—		4,943		7,093		12,036		9,537		7,793		13,780		21,573		11,676
Bellevue Plaza retail	—		24,377		7,517		31,894		306		29,920		2,280		32,200		636
TOTAL COMMERCIAL	—		32,351		19,108		51,459		11,359		40,197		22,621		62,818		15,097
Other (b)	—		—		—		—		4,181		—		4,181		4,181		47
TOTAL CORPORATE	—		—		—		—		4,181		—		4,181		4,181		47
TOTAL COMMERCIAL & CORPORATE	—		32,351		19,108		51,459		15,540		40,197		26,802		66,999		15,144
TOTAL REAL ESTATE OWNED	$	1,361,530	$	1,788,420	$	4,277,268	$	6,065,688	$	2,317,636	$	2,004,805	$	6,378,454	$	8,383,259	$	2,434,772


(a)	Date of construction or date of last major renovation.


(b)	Includes unallocated accruals and capital expenditures.

The aggregate cost for federal income tax purposes was approximately $7.7 billion at December 31, 2014.

The estimated depreciable lives for all buildings in the latest Consolidated Statements of Operations are 35 to 55 years.