Schedule III Real Estate Owned (UNITED DOMINION REALTY, L.P.) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2018
Real Estate and Accumulated Depreciation
Encumbrances				$ 601,227
Initial Costs, Land and Land Improvements				1,817,362
Initial Costs, Buildings and Improvements				5,123,363
Total Initial Acquisition Costs				6,940,725
Costs of Improvements Capitalized Subsequent to Acquisition Costs				3,255,434
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,063,023
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				8,133,136
Total Carrying Value	$ 10,177,206	$ 9,615,753	$ 9,190,276	10,196,159
Accumulated Depreciation	3,330,166	2,923,625	2,646,874	3,654,160
Aggregate cost for federal income tax purposes				9,200,000
Reconciliation of the carrying amount of total real estate owned
Balance at beginning of the year	10,177,206	9,615,753	9,190,276
Real estate acquired		235,993	324,104
Capital expenditures and development	214,898	369,029	339,813
Real estate sold	(195,945)	(43,569)	(238,440)
Balance at end of the year	10,196,159	10,177,206	9,615,753
Reconciliation of total accumulated depreciation for real estate owned
Balance at beginning of the year	3,330,166	2,923,625	2,646,874
Depreciation expense for the year	426,006	424,772	398,904
Accumulated depreciation on sales	(102,012)	(18,231)	(122,153)
Balance at end of year	$ 3,654,160	3,330,166	2,923,625
Minimum
Real Estate and Accumulated Depreciation
Depreciable life for all buildings	35 years
Maximum
Real Estate and Accumulated Depreciation
Depreciable life for all buildings	55 years
Land
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				45,236
Total Initial Acquisition Costs				45,236
Costs of Improvements Capitalized Subsequent to Acquisition Costs				22,498
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				52,301
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				15,433
Total Carrying Value	$ 67,734			67,734
Accumulated Depreciation	2,638			2,638
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	67,734
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	2,638
COMMERCIAL
Real Estate and Accumulated Depreciation
Costs of Improvements Capitalized Subsequent to Acquisition Costs				28,604
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				7,798
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				20,806
Total Carrying Value	28,604			28,604
Accumulated Depreciation	14,052			14,052
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	28,604
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	14,052
TOTAL CORPORATE
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				3,034
Initial Costs, Buildings and Improvements				20,534
Total Initial Acquisition Costs				23,568
Costs of Improvements Capitalized Subsequent to Acquisition Costs				5,936
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,035
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				26,469
Total Carrying Value	29,504			29,504
Accumulated Depreciation	2,907			2,907
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	29,504
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	2,907
TOTAL CORPORATE | Other
Real Estate and Accumulated Depreciation
Costs of Improvements Capitalized Subsequent to Acquisition Costs				4,604
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				4,604
Total Carrying Value	4,604			4,604
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	4,604
TOTAL COMMERCIAL & CORPORATE
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				3,034
Initial Costs, Buildings and Improvements				20,534
Total Initial Acquisition Costs				23,568
Costs of Improvements Capitalized Subsequent to Acquisition Costs				34,540
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,833
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				47,275
Total Carrying Value	58,108			58,108
Accumulated Depreciation	16,959			16,959
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	58,108
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,959
TOTAL OPERATING COMMUNITIES
Real Estate and Accumulated Depreciation
Encumbrances				602,689
Initial Costs, Land and Land Improvements				1,769,092
Initial Costs, Buildings and Improvements				5,102,829
Total Initial Acquisition Costs				6,871,921
Costs of Improvements Capitalized Subsequent to Acquisition Costs				3,198,396
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,999,889
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				8,070,428
Total Carrying Value	10,070,317			10,070,317
Accumulated Depreciation	3,634,563			3,634,563
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	10,070,317
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	3,634,563
WEST REGION
Real Estate and Accumulated Depreciation
Encumbrances				169,610
Initial Costs, Land and Land Improvements				889,180
Initial Costs, Buildings and Improvements				1,803,951
Total Initial Acquisition Costs				2,693,131
Costs of Improvements Capitalized Subsequent to Acquisition Costs				1,432,923
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				971,200
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				3,154,854
Total Carrying Value	4,126,054			4,126,054
Accumulated Depreciation	1,470,066			1,470,066
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	4,126,054
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	1,470,066
ORANGE COUNTY, CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				411,385
Initial Costs, Buildings and Improvements				330,038
Total Initial Acquisition Costs				741,423
Costs of Improvements Capitalized Subsequent to Acquisition Costs				734,475
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				448,575
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				1,027,323
Total Carrying Value	1,475,898			1,475,898
Accumulated Depreciation	429,469			429,469
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	1,475,898
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	429,469
ORANGE COUNTY, CA | Harbor at Mesa Verde
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				20,476
Initial Costs, Buildings and Improvements				28,538
Total Initial Acquisition Costs				49,014
Costs of Improvements Capitalized Subsequent to Acquisition Costs				20,382
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				22,134
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				47,262
Total Carrying Value	69,396			69,396
Accumulated Depreciation	33,329			33,329
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	69,396
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	33,329
ORANGE COUNTY, CA | 27 Seventy Five Mesa Verde
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				99,329
Initial Costs, Buildings and Improvements				110,644
Total Initial Acquisition Costs				209,973
Costs of Improvements Capitalized Subsequent to Acquisition Costs				100,725
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				114,336
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				196,362
Total Carrying Value	310,698			310,698
Accumulated Depreciation	128,098			128,098
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	310,698
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	128,098
ORANGE COUNTY, CA | Huntington Vista
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,055
Initial Costs, Buildings and Improvements				22,486
Total Initial Acquisition Costs				30,541
Costs of Improvements Capitalized Subsequent to Acquisition Costs				14,690
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				9,223
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				36,008
Total Carrying Value	45,231			45,231
Accumulated Depreciation	24,328			24,328
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	45,231
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	24,328
ORANGE COUNTY, CA | Missions at Back Bay
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				229
Initial Costs, Buildings and Improvements				14,129
Total Initial Acquisition Costs				14,358
Costs of Improvements Capitalized Subsequent to Acquisition Costs				3,589
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,988
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				6,959
Total Carrying Value	17,947			17,947
Accumulated Depreciation	5,136			5,136
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	17,947
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	5,136
ORANGE COUNTY, CA | Eight 80 Newport Beach - North
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				62,516
Initial Costs, Buildings and Improvements				46,082
Total Initial Acquisition Costs				108,598
Costs of Improvements Capitalized Subsequent to Acquisition Costs				42,316
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				68,320
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				82,594
Total Carrying Value	150,914			150,914
Accumulated Depreciation	55,777			55,777
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	150,914
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	55,777
ORANGE COUNTY, CA | Eight 80 Newport Beach - South
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				58,785
Initial Costs, Buildings and Improvements				50,067
Total Initial Acquisition Costs				108,852
Costs of Improvements Capitalized Subsequent to Acquisition Costs				34,335
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				60,914
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				82,273
Total Carrying Value	143,187			143,187
Accumulated Depreciation	52,441			52,441
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	143,187
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	52,441
SAN FRANCISCO, CA
Real Estate and Accumulated Depreciation
Encumbrances				27,000
Initial Costs, Land and Land Improvements				145,665
Initial Costs, Buildings and Improvements				414,240
Total Initial Acquisition Costs				559,905
Costs of Improvements Capitalized Subsequent to Acquisition Costs				308,702
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				151,367
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				717,240
Total Carrying Value	868,607			868,607
Accumulated Depreciation	385,547			385,547
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	868,607
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	385,547
SAN FRANCISCO, CA | 2000 Post Street
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				9,861
Initial Costs, Buildings and Improvements				44,578
Total Initial Acquisition Costs				54,439
Costs of Improvements Capitalized Subsequent to Acquisition Costs				35,069
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				14,363
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				75,145
Total Carrying Value	89,508			89,508
Accumulated Depreciation	40,523			40,523
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	89,508
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	40,523
SAN FRANCISCO, CA | Birch Creek
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				4,365
Initial Costs, Buildings and Improvements				16,696
Total Initial Acquisition Costs				21,061
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,868
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,178
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				28,751
Total Carrying Value	29,929			29,929
Accumulated Depreciation	16,687			16,687
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	29,929
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,687
SAN FRANCISCO, CA | Highlands Of Marin
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				5,996
Initial Costs, Buildings and Improvements				24,868
Total Initial Acquisition Costs				30,864
Costs of Improvements Capitalized Subsequent to Acquisition Costs				28,149
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				7,889
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				51,124
Total Carrying Value	59,013			59,013
Accumulated Depreciation	35,474			35,474
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	59,013
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	35,474
SAN FRANCISCO, CA | Marina Playa
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,224
Initial Costs, Buildings and Improvements				23,916
Total Initial Acquisition Costs				30,140
Costs of Improvements Capitalized Subsequent to Acquisition Costs				13,136
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,202
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				42,074
Total Carrying Value	43,276			43,276
Accumulated Depreciation	23,280			23,280
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	43,276
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	23,280
SAN FRANCISCO, CA | River Terrace
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				22,161
Initial Costs, Buildings and Improvements				40,137
Total Initial Acquisition Costs				62,298
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,496
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				22,839
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				45,955
Total Carrying Value	68,794			68,794
Accumulated Depreciation	30,364			30,364
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	68,794
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	30,364
SAN FRANCISCO, CA | CitySouth
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				14,031
Initial Costs, Buildings and Improvements				30,537
Total Initial Acquisition Costs				44,568
Costs of Improvements Capitalized Subsequent to Acquisition Costs				37,297
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				16,422
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				65,443
Total Carrying Value	81,865			81,865
Accumulated Depreciation	45,864			45,864
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	81,865
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	45,864
SAN FRANCISCO, CA | Bay Terrace
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,545
Initial Costs, Buildings and Improvements				14,458
Total Initial Acquisition Costs				23,003
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,139
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,580
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				17,562
Total Carrying Value	29,142			29,142
Accumulated Depreciation	11,590			11,590
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	29,142
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,590
SAN FRANCISCO, CA | Highlands of Marin Phase II
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				5,353
Initial Costs, Buildings and Improvements				18,559
Total Initial Acquisition Costs				23,912
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,243
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				5,772
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				29,383
Total Carrying Value	35,155			35,155
Accumulated Depreciation	19,339			19,339
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	35,155
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	19,339
SAN FRANCISCO, CA | Edgewater
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				30,657
Initial Costs, Buildings and Improvements				83,872
Total Initial Acquisition Costs				114,529
Costs of Improvements Capitalized Subsequent to Acquisition Costs				12,097
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				30,753
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				95,873
Total Carrying Value	126,626			126,626
Accumulated Depreciation	54,012			54,012
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	126,626
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	54,012
SAN FRANCISCO, CA | Almaden Lake Village
Real Estate and Accumulated Depreciation
Encumbrances				27,000
Initial Costs, Land and Land Improvements				594
Initial Costs, Buildings and Improvements				42,515
Total Initial Acquisition Costs				43,109
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,134
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				923
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				50,320
Total Carrying Value	51,243			51,243
Accumulated Depreciation	30,153			30,153
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	51,243
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	30,153
SEATTLE, WA
Real Estate and Accumulated Depreciation
Encumbrances				74,910
Initial Costs, Land and Land Improvements				134,705
Initial Costs, Buildings and Improvements				783,698
Total Initial Acquisition Costs				918,403
Costs of Improvements Capitalized Subsequent to Acquisition Costs				74,884
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				140,971
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				852,316
Total Carrying Value	993,287			993,287
Accumulated Depreciation	311,071			311,071
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	993,287
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	311,071
SEATTLE, WA | Crowne Pointe
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,486
Initial Costs, Buildings and Improvements				6,437
Total Initial Acquisition Costs				8,923
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,830
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,134
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				14,619
Total Carrying Value	17,753			17,753
Accumulated Depreciation	9,884			9,884
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	17,753
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,884
SEATTLE, WA | Hilltop
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,174
Initial Costs, Buildings and Improvements				7,408
Total Initial Acquisition Costs				9,582
Costs of Improvements Capitalized Subsequent to Acquisition Costs				5,908
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,999
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				12,491
Total Carrying Value	15,490			15,490
Accumulated Depreciation	8,574			8,574
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	15,490
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	8,574
SEATTLE, WA | The Kennedy
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,179
Initial Costs, Buildings and Improvements				22,307
Total Initial Acquisition Costs				28,486
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,996
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				6,287
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				25,195
Total Carrying Value	31,482			31,482
Accumulated Depreciation	16,222			16,222
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	31,482
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,222
SEATTLE, WA | Hearthstone at Merrill Creek
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,848
Initial Costs, Buildings and Improvements				30,922
Total Initial Acquisition Costs				37,770
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,339
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				7,264
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				36,845
Total Carrying Value	44,109			44,109
Accumulated Depreciation	21,884			21,884
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	44,109
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	21,884
SEATTLE, WA | Island Square
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				21,284
Initial Costs, Buildings and Improvements				89,389
Total Initial Acquisition Costs				110,673
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,929
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				21,660
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				95,942
Total Carrying Value	117,602			117,602
Accumulated Depreciation	55,430			55,430
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	117,602
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	55,430
LOS ANGELES, CA
Real Estate and Accumulated Depreciation
Encumbrances				67,700
Initial Costs, Land and Land Improvements				151,833
Initial Costs, Buildings and Improvements				156,492
Total Initial Acquisition Costs				308,325
Costs of Improvements Capitalized Subsequent to Acquisition Costs				145,978
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				161,019
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				293,284
Total Carrying Value	454,303			454,303
Accumulated Depreciation	164,965			164,965
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	454,303
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	164,965
LOS ANGELES, CA | Rosebeach
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,414
Initial Costs, Buildings and Improvements				17,449
Total Initial Acquisition Costs				25,863
Costs of Improvements Capitalized Subsequent to Acquisition Costs				5,140
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,807
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				22,196
Total Carrying Value	31,003			31,003
Accumulated Depreciation	15,645			15,645
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	31,003
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	15,645
LOS ANGELES, CA | Tierra Del Rey
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				39,586
Initial Costs, Buildings and Improvements				36,679
Total Initial Acquisition Costs				76,265
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,627
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				39,769
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				44,123
Total Carrying Value	83,892			83,892
Accumulated Depreciation	25,461			25,461
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	83,892
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	25,461
MONTEREY PENINSULA, CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				16,938
Initial Costs, Buildings and Improvements				68,384
Total Initial Acquisition Costs				85,322
Costs of Improvements Capitalized Subsequent to Acquisition Costs				92,365
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				29,029
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				148,658
Total Carrying Value	177,687			177,687
Accumulated Depreciation	89,896			89,896
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	177,687
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	89,896
MONTEREY PENINSULA, CA | Boronda Manor
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,946
Initial Costs, Buildings and Improvements				8,982
Total Initial Acquisition Costs				10,928
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,652
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,310
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				18,270
Total Carrying Value	21,580			21,580
Accumulated Depreciation	11,146			11,146
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	21,580
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,146
MONTEREY PENINSULA, CA | Garden Court
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				888
Initial Costs, Buildings and Improvements				4,188
Total Initial Acquisition Costs				5,076
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,189
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,601
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				9,664
Total Carrying Value	11,265			11,265
Accumulated Depreciation	6,023			6,023
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	11,265
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	6,023
MONTEREY PENINSULA, CA | Cambridge Court
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				3,039
Initial Costs, Buildings and Improvements				12,883
Total Initial Acquisition Costs				15,922
Costs of Improvements Capitalized Subsequent to Acquisition Costs				17,695
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				5,648
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				27,969
Total Carrying Value	33,617			33,617
Accumulated Depreciation	17,036			17,036
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	33,617
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	17,036
MONTEREY PENINSULA, CA | Laurel Tree
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,304
Initial Costs, Buildings and Improvements				5,115
Total Initial Acquisition Costs				6,419
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,147
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,373
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				11,193
Total Carrying Value	13,566			13,566
Accumulated Depreciation	6,852			6,852
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	13,566
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	6,852
MONTEREY PENINSULA, CA | The Pointe At Harden Ranch
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,388
Initial Costs, Buildings and Improvements				23,854
Total Initial Acquisition Costs				30,242
Costs of Improvements Capitalized Subsequent to Acquisition Costs				31,779
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,280
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				51,741
Total Carrying Value	62,021			62,021
Accumulated Depreciation	30,646			30,646
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	62,021
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	30,646
MONTEREY PENINSULA, CA | The Pointe At Northridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,044
Initial Costs, Buildings and Improvements				8,028
Total Initial Acquisition Costs				10,072
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,449
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,484
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				18,037
Total Carrying Value	21,521			21,521
Accumulated Depreciation	11,140			11,140
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	21,521
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,140
MONTEREY PENINSULA, CA | The Pointe At Westlake
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,329
Initial Costs, Buildings and Improvements				5,334
Total Initial Acquisition Costs				6,663
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,454
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,333
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				11,784
Total Carrying Value	14,117			14,117
Accumulated Depreciation	7,053			7,053
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	14,117
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	7,053
OTHER SOUTHERN CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				19,367
Initial Costs, Buildings and Improvements				27,095
Total Initial Acquisition Costs				46,462
Costs of Improvements Capitalized Subsequent to Acquisition Costs				60,697
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				29,767
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				77,392
Total Carrying Value	107,159			107,159
Accumulated Depreciation	60,343			60,343
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	107,159
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	60,343
OTHER SOUTHERN CA | Verano at Rancho Cucamonga Town Square
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				13,557
Initial Costs, Buildings and Improvements				3,645
Total Initial Acquisition Costs				17,202
Costs of Improvements Capitalized Subsequent to Acquisition Costs				56,760
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				23,553
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				50,409
Total Carrying Value	73,962			73,962
Accumulated Depreciation	40,173			40,173
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	73,962
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	40,173
PORTLAND, OR
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				9,287
Initial Costs, Buildings and Improvements				24,004
Total Initial Acquisition Costs				33,291
Costs of Improvements Capitalized Subsequent to Acquisition Costs				15,822
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,472
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				38,641
Total Carrying Value	49,113			49,113
Accumulated Depreciation	28,775			28,775
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	49,113
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	28,775
PORTLAND, OR | Tualatin Heights
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				3,273
Initial Costs, Buildings and Improvements				9,134
Total Initial Acquisition Costs				12,407
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,197
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,983
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				16,621
Total Carrying Value	20,604			20,604
Accumulated Depreciation	11,989			11,989
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	20,604
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,989
PORTLAND, OR | Hunt Club
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,014
Initial Costs, Buildings and Improvements				14,870
Total Initial Acquisition Costs				20,884
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,625
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				6,489
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				22,020
Total Carrying Value	28,509			28,509
Accumulated Depreciation	16,786			16,786
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	28,509
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,786
MID-ATLANTIC REGION
Real Estate and Accumulated Depreciation
Encumbrances				213,079
Initial Costs, Land and Land Improvements				336,489
Initial Costs, Buildings and Improvements				1,381,064
Total Initial Acquisition Costs				1,717,553
Costs of Improvements Capitalized Subsequent to Acquisition Costs				619,205
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				413,664
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				1,923,094
Total Carrying Value	2,336,758			2,336,758
Accumulated Depreciation	823,823			823,823
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	2,336,758
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	823,823
METROPOLITAN, D.C.
Real Estate and Accumulated Depreciation
Encumbrances				213,079
Initial Costs, Land and Land Improvements				310,539
Initial Costs, Buildings and Improvements				1,209,244
Total Initial Acquisition Costs				1,519,783
Costs of Improvements Capitalized Subsequent to Acquisition Costs				516,721
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				376,291
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				1,660,213
Total Carrying Value	2,036,504			2,036,504
Accumulated Depreciation	636,840			636,840
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	2,036,504
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	636,840
METROPOLITAN, D.C. | Ridgewood
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				5,612
Initial Costs, Buildings and Improvements				20,086
Total Initial Acquisition Costs				25,698
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,764
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				6,256
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				30,206
Total Carrying Value	36,462			36,462
Accumulated Depreciation	23,273			23,273
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	36,462
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	23,273
METROPOLITAN, D.C. | DelRey Tower
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				297
Initial Costs, Buildings and Improvements				12,786
Total Initial Acquisition Costs				13,083
Costs of Improvements Capitalized Subsequent to Acquisition Costs				115,383
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				9,587
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				118,879
Total Carrying Value	128,466			128,466
Accumulated Depreciation	32,915			32,915
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	128,466
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	32,915
METROPOLITAN, D.C. | Wellington Place at Olde Town
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				13,753
Initial Costs, Buildings and Improvements				36,059
Total Initial Acquisition Costs				49,812
Costs of Improvements Capitalized Subsequent to Acquisition Costs				19,895
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				14,819
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				54,888
Total Carrying Value	69,707			69,707
Accumulated Depreciation	40,260			40,260
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	69,707
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	40,260
METROPOLITAN, D.C. | Andover House
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				183
Initial Costs, Buildings and Improvements				59,948
Total Initial Acquisition Costs				60,131
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,038
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				316
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				65,853
Total Carrying Value	66,169			66,169
Accumulated Depreciation	37,742			37,742
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	66,169
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	37,742
METROPOLITAN, D.C. | Sullivan Place
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,137
Initial Costs, Buildings and Improvements				103,676
Total Initial Acquisition Costs				104,813
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,580
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,708
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				113,685
Total Carrying Value	115,393			115,393
Accumulated Depreciation	68,821			68,821
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	115,393
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	68,821
METROPOLITAN, D.C. | Courts at Huntington Station
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				27,749
Initial Costs, Buildings and Improvements				111,878
Total Initial Acquisition Costs				139,627
Costs of Improvements Capitalized Subsequent to Acquisition Costs				3,931
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				28,067
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				115,491
Total Carrying Value	143,558			143,558
Accumulated Depreciation	24,125			24,125
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	143,558
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	24,125
BALTIMORE, MD
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				20,827
Initial Costs, Buildings and Improvements				110,912
Total Initial Acquisition Costs				131,739
Costs of Improvements Capitalized Subsequent to Acquisition Costs				20,284
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				22,091
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				129,932
Total Carrying Value	152,023			152,023
Accumulated Depreciation	77,044			77,044
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	152,023
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	77,044
BALTIMORE, MD | Calvert’s Walk
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				4,408
Initial Costs, Buildings and Improvements				24,692
Total Initial Acquisition Costs				29,100
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,606
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				4,973
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				32,733
Total Carrying Value	37,706			37,706
Accumulated Depreciation	23,955			23,955
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	37,706
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	23,955
BALTIMORE, MD | 20 Lambourne
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				11,750
Initial Costs, Buildings and Improvements				45,590
Total Initial Acquisition Costs				57,340
Costs of Improvements Capitalized Subsequent to Acquisition Costs				9,638
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				12,334
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				54,644
Total Carrying Value	66,978			66,978
Accumulated Depreciation	32,912			32,912
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	66,978
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	32,912
NORTHEAST REGION
Real Estate and Accumulated Depreciation
Encumbrances				105,000
Initial Costs, Land and Land Improvements				350,769
Initial Costs, Buildings and Improvements				1,182,479
Total Initial Acquisition Costs				1,533,248
Costs of Improvements Capitalized Subsequent to Acquisition Costs				705,676
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				364,053
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				1,874,871
Total Carrying Value	2,238,924			2,238,924
Accumulated Depreciation	631,118			631,118
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	2,238,924
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	631,118
NEW YORK, NY
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				249,878
Initial Costs, Buildings and Improvements				917,312
Total Initial Acquisition Costs				1,167,190
Costs of Improvements Capitalized Subsequent to Acquisition Costs				147,104
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				251,400
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				1,062,894
Total Carrying Value	1,314,294			1,314,294
Accumulated Depreciation	441,822			441,822
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	1,314,294
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	441,822
NEW YORK, NY | 10 Hanover Square
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				41,432
Initial Costs, Buildings and Improvements				218,983
Total Initial Acquisition Costs				260,415
Costs of Improvements Capitalized Subsequent to Acquisition Costs				15,597
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				41,764
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				234,248
Total Carrying Value	276,012			276,012
Accumulated Depreciation	90,792			90,792
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	276,012
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	90,792
NEW YORK, NY | 95 Wall Street
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				57,637
Initial Costs, Buildings and Improvements				266,255
Total Initial Acquisition Costs				323,892
Costs of Improvements Capitalized Subsequent to Acquisition Costs				9,794
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				58,031
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				275,655
Total Carrying Value	333,686			333,686
Accumulated Depreciation	122,770			122,770
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	333,686
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	122,770
BOSTON, MA
Real Estate and Accumulated Depreciation
Encumbrances				105,000
Initial Costs, Land and Land Improvements				100,891
Initial Costs, Buildings and Improvements				265,167
Total Initial Acquisition Costs				366,058
Costs of Improvements Capitalized Subsequent to Acquisition Costs				558,572
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				112,653
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				811,977
Total Carrying Value	924,630			924,630
Accumulated Depreciation	189,296			189,296
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	924,630
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	189,296
BOSTON, MA | 14 North
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				10,961
Initial Costs, Buildings and Improvements				51,175
Total Initial Acquisition Costs				62,136
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,746
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,331
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				61,551
Total Carrying Value	72,882			72,882
Accumulated Depreciation	29,311			29,311
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	72,882
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	29,311
BOSTON, MA | Inwood West
Real Estate and Accumulated Depreciation
Encumbrances				80,000
Initial Costs, Land and Land Improvements				20,778
Initial Costs, Buildings and Improvements				88,096
Total Initial Acquisition Costs				108,874
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,100
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				19,607
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				100,367
Total Carrying Value	119,974			119,974
Accumulated Depreciation	45,446			45,446
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	119,974
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	45,446
SOUTHEAST REGION
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				86,349
Initial Costs, Buildings and Improvements				355,426
Total Initial Acquisition Costs				441,775
Costs of Improvements Capitalized Subsequent to Acquisition Costs				337,535
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				125,490
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				653,820
Total Carrying Value	779,310			779,310
Accumulated Depreciation	498,708			498,708
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	779,310
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	498,708
TAMPA, FL
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				32,324
Initial Costs, Buildings and Improvements				122,652
Total Initial Acquisition Costs				154,976
Costs of Improvements Capitalized Subsequent to Acquisition Costs				101,773
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				51,367
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				205,382
Total Carrying Value	256,749			256,749
Accumulated Depreciation	158,162			158,162
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	256,749
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	158,162
TAMPA, FL | Inlet Bay
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				7,702
Initial Costs, Buildings and Improvements				23,150
Total Initial Acquisition Costs				30,852
Costs of Improvements Capitalized Subsequent to Acquisition Costs				18,288
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,294
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				38,846
Total Carrying Value	49,140			49,140
Accumulated Depreciation	31,488			31,488
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	49,140
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	31,488
TAMPA, FL | MacAlpine Place
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				10,869
Initial Costs, Buildings and Improvements				36,858
Total Initial Acquisition Costs				47,727
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,042
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,836
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				45,933
Total Carrying Value	57,769			57,769
Accumulated Depreciation	33,490			33,490
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	57,769
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	33,490
NASHVILLE, TN
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				15,433
Initial Costs, Buildings and Improvements				87,608
Total Initial Acquisition Costs				103,041
Costs of Improvements Capitalized Subsequent to Acquisition Costs				108,323
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				23,989
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				187,375
Total Carrying Value	211,364			211,364
Accumulated Depreciation	138,451			138,451
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	211,364
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	138,451
NASHVILLE, TN | Legacy Hill
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,148
Initial Costs, Buildings and Improvements				5,867
Total Initial Acquisition Costs				7,015
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,278
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,890
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				15,403
Total Carrying Value	17,293			17,293
Accumulated Depreciation	12,627			12,627
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	17,293
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	12,627
NASHVILLE, TN | Hickory Run
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,469
Initial Costs, Buildings and Improvements				11,584
Total Initial Acquisition Costs				13,053
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,372
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,465
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				21,960
Total Carrying Value	24,425			24,425
Accumulated Depreciation	16,052			16,052
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	24,425
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,052
NASHVILLE, TN | Carrington Hills
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,117
Total Initial Acquisition Costs				2,117
Costs of Improvements Capitalized Subsequent to Acquisition Costs				37,947
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				4,753
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				35,311
Total Carrying Value	40,064			40,064
Accumulated Depreciation	25,412			25,412
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	40,064
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	25,412
NASHVILLE, TN | Brookridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				708
Initial Costs, Buildings and Improvements				5,461
Total Initial Acquisition Costs				6,169
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,920
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,477
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				11,612
Total Carrying Value	13,089			13,089
Accumulated Depreciation	8,555			8,555
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	13,089
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	8,555
NASHVILLE, TN | Breckenridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				766
Initial Costs, Buildings and Improvements				7,714
Total Initial Acquisition Costs				8,480
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,359
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,484
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				13,355
Total Carrying Value	14,839			14,839
Accumulated Depreciation	9,644			9,644
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	14,839
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,644
NASHVILLE, TN | Polo Park
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				4,583
Initial Costs, Buildings and Improvements				16,293
Total Initial Acquisition Costs				20,876
Costs of Improvements Capitalized Subsequent to Acquisition Costs				17,752
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				5,958
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				32,670
Total Carrying Value	38,628			38,628
Accumulated Depreciation	26,083			26,083
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	38,628
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	26,083
OTHER FLORIDA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				15,968
Initial Costs, Buildings and Improvements				56,401
Total Initial Acquisition Costs				72,369
Costs of Improvements Capitalized Subsequent to Acquisition Costs				13,106
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				16,787
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				68,688
Total Carrying Value	85,475			85,475
Accumulated Depreciation	47,623			47,623
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	85,475
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	47,623
OTHER FLORIDA | The Reserve and Park at Riverbridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				15,968
Initial Costs, Buildings and Improvements				56,401
Total Initial Acquisition Costs				72,369
Costs of Improvements Capitalized Subsequent to Acquisition Costs				13,106
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				16,787
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				68,688
Total Carrying Value	85,475			85,475
Accumulated Depreciation	47,623			47,623
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	85,475
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	47,623
SOUTHWEST REGION
Real Estate and Accumulated Depreciation
Encumbrances				115,000
Initial Costs, Land and Land Improvements				106,305
Initial Costs, Buildings and Improvements				379,909
Total Initial Acquisition Costs				486,214
Costs of Improvements Capitalized Subsequent to Acquisition Costs				103,057
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				125,482
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				463,789
Total Carrying Value	589,271			589,271
Accumulated Depreciation	210,848			210,848
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	589,271
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	210,848
DENVER, CO
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,586
Initial Costs, Buildings and Improvements				130,400
Total Initial Acquisition Costs				138,986
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,932
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,604
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				133,314
Total Carrying Value	141,918			141,918
Accumulated Depreciation	9,204			9,204
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	141,918
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,204
DENVER, CO | Steele Creek
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,586
Initial Costs, Buildings and Improvements				130,400
Total Initial Acquisition Costs				138,986
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,932
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,604
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				133,314
Total Carrying Value	141,918			141,918
Accumulated Depreciation	9,204			9,204
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	141,918
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,204
United Dominion Reality L.P.
Real Estate and Accumulated Depreciation
Deferred finance costs, net				(71)
Encumbrances				26,929
Initial Costs, Land and Land Improvements				712,765
Initial Costs, Buildings and Improvements				2,163,562
Total Initial Acquisition Costs				2,876,327
Costs of Improvements Capitalized Subsequent to Acquisition Costs				935,658
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				803,256
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				3,008,729
Total Carrying Value	3,816,956	3,674,704	3,630,905	3,811,985
Accumulated Depreciation	1,543,652	1,408,815	1,281,258	1,658,161
Aggregate cost for federal income tax purposes				3,200,000
Reconciliation of the carrying amount of total real estate owned
Balance at beginning of the year	3,816,956	3,674,704	3,630,905
Real estate acquired		138,986
Capital expenditures and development	44,353	45,211	71,720
Real estate sold	(49,324)	(41,945)	(27,921)
Balance at end of the year	3,811,985	3,816,956	3,674,704
Reconciliation of total accumulated depreciation for real estate owned
Balance at beginning of the year	1,543,652	1,408,815	1,281,258
Depreciation expense for the year	141,683	153,068	144,942
Accumulated depreciation on sales	(27,174)	(18,231)	(17,385)
Balance at end of year	$ 1,658,161	$ 1,543,652	$ 1,408,815
United Dominion Reality L.P. | Minimum
Real Estate and Accumulated Depreciation
Depreciable life for all buildings	35 years
United Dominion Reality L.P. | Maximum
Real Estate and Accumulated Depreciation
Depreciable life for all buildings	55 years
United Dominion Reality L.P. | TOTAL CORPORATE
Real Estate and Accumulated Depreciation
Costs of Improvements Capitalized Subsequent to Acquisition Costs				935
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				935
Total Carrying Value	$ 935			935
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	935
United Dominion Reality L.P. | TOTAL CORPORATE | Other
Real Estate and Accumulated Depreciation
Costs of Improvements Capitalized Subsequent to Acquisition Costs				935
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				935
Total Carrying Value	935			935
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	935
United Dominion Reality L.P. | TOTAL OPERATING COMMUNITIES
Real Estate and Accumulated Depreciation
Encumbrances				27,000
Initial Costs, Land and Land Improvements				712,765
Initial Costs, Buildings and Improvements				2,163,562
Total Initial Acquisition Costs				2,876,327
Costs of Improvements Capitalized Subsequent to Acquisition Costs				934,723
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				803,256
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				3,007,794
Total Carrying Value	3,811,050			3,811,050
Accumulated Depreciation	1,658,161			1,658,161
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	3,811,050
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	1,658,161
United Dominion Reality L.P. | WEST REGION
Real Estate and Accumulated Depreciation
Encumbrances				27,000
Initial Costs, Land and Land Improvements				483,930
Initial Costs, Buildings and Improvements				918,706
Total Initial Acquisition Costs				1,402,636
Costs of Improvements Capitalized Subsequent to Acquisition Costs				578,819
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				548,522
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				1,432,933
Total Carrying Value	1,981,455			1,981,455
Accumulated Depreciation	911,171			911,171
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	1,981,455
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	911,171
United Dominion Reality L.P. | ORANGE COUNTY, CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				249,390
Initial Costs, Buildings and Improvements				271,946
Total Initial Acquisition Costs				521,336
Costs of Improvements Capitalized Subsequent to Acquisition Costs				216,037
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				285,915
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				451,458
Total Carrying Value	737,373			737,373
Accumulated Depreciation	299,109			299,109
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	737,373
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	299,109
United Dominion Reality L.P. | ORANGE COUNTY, CA | Harbor at Mesa Verde
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				20,476
Initial Costs, Buildings and Improvements				28,538
Total Initial Acquisition Costs				49,014
Costs of Improvements Capitalized Subsequent to Acquisition Costs				20,382
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				22,134
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				47,262
Total Carrying Value	69,396			69,396
Accumulated Depreciation	33,329			33,329
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	69,396
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	33,329
United Dominion Reality L.P. | ORANGE COUNTY, CA | 27 Seventy Five Mesa Verde
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				99,329
Initial Costs, Buildings and Improvements				110,644
Total Initial Acquisition Costs				209,973
Costs of Improvements Capitalized Subsequent to Acquisition Costs				100,725
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				114,336
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				196,362
Total Carrying Value	310,698			310,698
Accumulated Depreciation	128,098			128,098
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	310,698
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	128,098
United Dominion Reality L.P. | ORANGE COUNTY, CA | Huntington Vista
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,055
Initial Costs, Buildings and Improvements				22,486
Total Initial Acquisition Costs				30,541
Costs of Improvements Capitalized Subsequent to Acquisition Costs				14,690
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				9,223
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				36,008
Total Carrying Value	45,231			45,231
Accumulated Depreciation	24,328			24,328
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	45,231
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	24,328
United Dominion Reality L.P. | ORANGE COUNTY, CA | Missions at Back Bay
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				229
Initial Costs, Buildings and Improvements				14,129
Total Initial Acquisition Costs				14,358
Costs of Improvements Capitalized Subsequent to Acquisition Costs				3,589
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,988
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				6,959
Total Carrying Value	17,947			17,947
Accumulated Depreciation	5,136			5,136
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	17,947
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	5,136
United Dominion Reality L.P. | ORANGE COUNTY, CA | Eight 80 Newport Beach - North
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				62,516
Initial Costs, Buildings and Improvements				46,082
Total Initial Acquisition Costs				108,598
Costs of Improvements Capitalized Subsequent to Acquisition Costs				42,316
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				68,320
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				82,594
Total Carrying Value	150,914			150,914
Accumulated Depreciation	55,777			55,777
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	150,914
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	55,777
United Dominion Reality L.P. | ORANGE COUNTY, CA | Eight 80 Newport Beach - South
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				58,785
Initial Costs, Buildings and Improvements				50,067
Total Initial Acquisition Costs				108,852
Costs of Improvements Capitalized Subsequent to Acquisition Costs				34,335
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				60,914
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				82,273
Total Carrying Value	143,187			143,187
Accumulated Depreciation	52,441			52,441
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	143,187
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	52,441
United Dominion Reality L.P. | SAN FRANCISCO, CA
Real Estate and Accumulated Depreciation
Encumbrances				27,000
Initial Costs, Land and Land Improvements				107,787
Initial Costs, Buildings and Improvements				340,136
Total Initial Acquisition Costs				447,923
Costs of Improvements Capitalized Subsequent to Acquisition Costs				154,066
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				109,633
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				492,356
Total Carrying Value	601,989			601,989
Accumulated Depreciation	300,118			300,118
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	601,989
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	300,118
United Dominion Reality L.P. | SAN FRANCISCO, CA | 2000 Post Street
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				9,861
Initial Costs, Buildings and Improvements				44,578
Total Initial Acquisition Costs				54,439
Costs of Improvements Capitalized Subsequent to Acquisition Costs				22,507
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,075
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				65,871
Total Carrying Value	76,946			76,946
Accumulated Depreciation	33,355			33,355
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	76,946
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	33,355
United Dominion Reality L.P. | SAN FRANCISCO, CA | Birch Creek
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				4,365
Initial Costs, Buildings and Improvements				16,696
Total Initial Acquisition Costs				21,061
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,868
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,178
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				28,751
Total Carrying Value	29,929			29,929
Accumulated Depreciation	16,687			16,687
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	29,929
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,687
United Dominion Reality L.P. | SAN FRANCISCO, CA | Highlands Of Marin
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				5,996
Initial Costs, Buildings and Improvements				24,868
Total Initial Acquisition Costs				30,864
Costs of Improvements Capitalized Subsequent to Acquisition Costs				28,149
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				7,889
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				51,124
Total Carrying Value	59,013			59,013
Accumulated Depreciation	35,474			35,474
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	59,013
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	35,474
United Dominion Reality L.P. | SAN FRANCISCO, CA | Marina Playa
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,224
Initial Costs, Buildings and Improvements				23,916
Total Initial Acquisition Costs				30,140
Costs of Improvements Capitalized Subsequent to Acquisition Costs				13,136
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,202
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				42,074
Total Carrying Value	43,276			43,276
Accumulated Depreciation	23,280			23,280
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	43,276
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	23,280
United Dominion Reality L.P. | SAN FRANCISCO, CA | River Terrace
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				22,161
Initial Costs, Buildings and Improvements				40,137
Total Initial Acquisition Costs				62,298
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,496
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				22,839
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				45,955
Total Carrying Value	68,794			68,794
Accumulated Depreciation	30,364			30,364
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	68,794
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	30,364
United Dominion Reality L.P. | SAN FRANCISCO, CA | CitySouth
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				14,031
Initial Costs, Buildings and Improvements				30,537
Total Initial Acquisition Costs				44,568
Costs of Improvements Capitalized Subsequent to Acquisition Costs				37,297
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				16,422
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				65,443
Total Carrying Value	81,865			81,865
Accumulated Depreciation	45,864			45,864
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	81,865
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	45,864
United Dominion Reality L.P. | SAN FRANCISCO, CA | Bay Terrace
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,545
Initial Costs, Buildings and Improvements				14,458
Total Initial Acquisition Costs				23,003
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,139
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,580
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				17,562
Total Carrying Value	29,142			29,142
Accumulated Depreciation	11,590			11,590
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	29,142
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,590
United Dominion Reality L.P. | SAN FRANCISCO, CA | Highlands of Marin Phase II
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				5,353
Initial Costs, Buildings and Improvements				18,559
Total Initial Acquisition Costs				23,912
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,243
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				5,772
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				29,383
Total Carrying Value	35,155			35,155
Accumulated Depreciation	19,339			19,339
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	35,155
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	19,339
United Dominion Reality L.P. | SAN FRANCISCO, CA | Edgewater
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				30,657
Initial Costs, Buildings and Improvements				83,872
Total Initial Acquisition Costs				114,529
Costs of Improvements Capitalized Subsequent to Acquisition Costs				12,097
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				30,753
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				95,873
Total Carrying Value	126,626			126,626
Accumulated Depreciation	54,012			54,012
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	126,626
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	54,012
United Dominion Reality L.P. | SAN FRANCISCO, CA | Almaden Lake Village
Real Estate and Accumulated Depreciation
Encumbrances				27,000
Initial Costs, Land and Land Improvements				594
Initial Costs, Buildings and Improvements				42,515
Total Initial Acquisition Costs				43,109
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,134
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				923
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				50,320
Total Carrying Value	51,243			51,243
Accumulated Depreciation	30,153			30,153
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	51,243
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	30,153
United Dominion Reality L.P. | SEATTLE, WA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				38,971
Initial Costs, Buildings and Improvements				156,463
Total Initial Acquisition Costs				195,434
Costs of Improvements Capitalized Subsequent to Acquisition Costs				31,002
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				41,344
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				185,092
Total Carrying Value	226,436			226,436
Accumulated Depreciation	111,994			111,994
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	226,436
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	111,994
United Dominion Reality L.P. | SEATTLE, WA | Crowne Pointe
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,486
Initial Costs, Buildings and Improvements				6,437
Total Initial Acquisition Costs				8,923
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,830
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,134
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				14,619
Total Carrying Value	17,753			17,753
Accumulated Depreciation	9,884			9,884
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	17,753
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,884
United Dominion Reality L.P. | SEATTLE, WA | Hilltop
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,174
Initial Costs, Buildings and Improvements				7,408
Total Initial Acquisition Costs				9,582
Costs of Improvements Capitalized Subsequent to Acquisition Costs				5,908
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,999
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				12,491
Total Carrying Value	15,490			15,490
Accumulated Depreciation	8,574			8,574
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	15,490
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	8,574
United Dominion Reality L.P. | SEATTLE, WA | The Kennedy
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,179
Initial Costs, Buildings and Improvements				22,307
Total Initial Acquisition Costs				28,486
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,996
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				6,287
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				25,195
Total Carrying Value	31,482			31,482
Accumulated Depreciation	16,222			16,222
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	31,482
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,222
United Dominion Reality L.P. | SEATTLE, WA | Hearthstone at Merrill Creek
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,848
Initial Costs, Buildings and Improvements				30,922
Total Initial Acquisition Costs				37,770
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,339
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				7,264
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				36,845
Total Carrying Value	44,109			44,109
Accumulated Depreciation	21,884			21,884
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	44,109
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	21,884
United Dominion Reality L.P. | SEATTLE, WA | Island Square
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				21,284
Initial Costs, Buildings and Improvements				89,389
Total Initial Acquisition Costs				110,673
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,929
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				21,660
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				95,942
Total Carrying Value	117,602			117,602
Accumulated Depreciation	55,430			55,430
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	117,602
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	55,430
United Dominion Reality L.P. | LOS ANGELES, CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				48,000
Initial Costs, Buildings and Improvements				54,128
Total Initial Acquisition Costs				102,128
Costs of Improvements Capitalized Subsequent to Acquisition Costs				12,767
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				48,576
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				66,319
Total Carrying Value	114,895			114,895
Accumulated Depreciation	41,106			41,106
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	114,895
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	41,106
United Dominion Reality L.P. | LOS ANGELES, CA | Rosebeach
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,414
Initial Costs, Buildings and Improvements				17,449
Total Initial Acquisition Costs				25,863
Costs of Improvements Capitalized Subsequent to Acquisition Costs				5,140
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,807
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				22,196
Total Carrying Value	31,003			31,003
Accumulated Depreciation	15,645			15,645
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	31,003
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	15,645
United Dominion Reality L.P. | LOS ANGELES, CA | Tierra Del Rey
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				39,586
Initial Costs, Buildings and Improvements				36,679
Total Initial Acquisition Costs				76,265
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,627
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				39,769
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				44,123
Total Carrying Value	83,892			83,892
Accumulated Depreciation	25,461			25,461
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	83,892
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	25,461
United Dominion Reality L.P. | MONTEREY PENINSULA, CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				16,938
Initial Costs, Buildings and Improvements				68,384
Total Initial Acquisition Costs				85,322
Costs of Improvements Capitalized Subsequent to Acquisition Costs				92,365
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				29,029
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				148,658
Total Carrying Value	177,687			177,687
Accumulated Depreciation	89,896			89,896
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	177,687
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	89,896
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | Boronda Manor
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,946
Initial Costs, Buildings and Improvements				8,982
Total Initial Acquisition Costs				10,928
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,652
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,310
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				18,270
Total Carrying Value	21,580			21,580
Accumulated Depreciation	11,146			11,146
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	21,580
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,146
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | Garden Court
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				888
Initial Costs, Buildings and Improvements				4,188
Total Initial Acquisition Costs				5,076
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,189
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,601
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				9,664
Total Carrying Value	11,265			11,265
Accumulated Depreciation	6,023			6,023
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	11,265
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	6,023
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | Cambridge Court
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				3,039
Initial Costs, Buildings and Improvements				12,883
Total Initial Acquisition Costs				15,922
Costs of Improvements Capitalized Subsequent to Acquisition Costs				17,695
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				5,648
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				27,969
Total Carrying Value	33,617			33,617
Accumulated Depreciation	17,036			17,036
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	33,617
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	17,036
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | Laurel Tree
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,304
Initial Costs, Buildings and Improvements				5,115
Total Initial Acquisition Costs				6,419
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,147
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,373
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				11,193
Total Carrying Value	13,566			13,566
Accumulated Depreciation	6,852			6,852
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	13,566
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	6,852
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | The Pointe At Harden Ranch
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,388
Initial Costs, Buildings and Improvements				23,854
Total Initial Acquisition Costs				30,242
Costs of Improvements Capitalized Subsequent to Acquisition Costs				31,779
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,280
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				51,741
Total Carrying Value	62,021			62,021
Accumulated Depreciation	30,646			30,646
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	62,021
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	30,646
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | The Pointe At Northridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,044
Initial Costs, Buildings and Improvements				8,028
Total Initial Acquisition Costs				10,072
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,449
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,484
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				18,037
Total Carrying Value	21,521			21,521
Accumulated Depreciation	11,140			11,140
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	21,521
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,140
United Dominion Reality L.P. | MONTEREY PENINSULA, CA | The Pointe At Westlake
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,329
Initial Costs, Buildings and Improvements				5,334
Total Initial Acquisition Costs				6,663
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,454
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,333
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				11,784
Total Carrying Value	14,117			14,117
Accumulated Depreciation	7,053			7,053
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	14,117
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	7,053
United Dominion Reality L.P. | OTHER SOUTHERN CA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				13,557
Initial Costs, Buildings and Improvements				3,645
Total Initial Acquisition Costs				17,202
Costs of Improvements Capitalized Subsequent to Acquisition Costs				56,760
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				23,553
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				50,409
Total Carrying Value	73,962			73,962
Accumulated Depreciation	40,173			40,173
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	73,962
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	40,173
United Dominion Reality L.P. | OTHER SOUTHERN CA | Verano at Rancho Cucamonga Town Square
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				13,557
Initial Costs, Buildings and Improvements				3,645
Total Initial Acquisition Costs				17,202
Costs of Improvements Capitalized Subsequent to Acquisition Costs				56,760
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				23,553
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				50,409
Total Carrying Value	73,962			73,962
Accumulated Depreciation	40,173			40,173
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	73,962
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	40,173
United Dominion Reality L.P. | PORTLAND, OR
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				9,287
Initial Costs, Buildings and Improvements				24,004
Total Initial Acquisition Costs				33,291
Costs of Improvements Capitalized Subsequent to Acquisition Costs				15,822
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,472
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				38,641
Total Carrying Value	49,113			49,113
Accumulated Depreciation	28,775			28,775
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	49,113
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	28,775
United Dominion Reality L.P. | PORTLAND, OR | Tualatin Heights
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				3,273
Initial Costs, Buildings and Improvements				9,134
Total Initial Acquisition Costs				12,407
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,197
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				3,983
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				16,621
Total Carrying Value	20,604			20,604
Accumulated Depreciation	11,989			11,989
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	20,604
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	11,989
United Dominion Reality L.P. | PORTLAND, OR | Hunt Club
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				6,014
Initial Costs, Buildings and Improvements				14,870
Total Initial Acquisition Costs				20,884
Costs of Improvements Capitalized Subsequent to Acquisition Costs				7,625
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				6,489
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				22,020
Total Carrying Value	28,509			28,509
Accumulated Depreciation	16,786			16,786
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	28,509
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,786
United Dominion Reality L.P. | MID-ATLANTIC REGION
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				64,889
Initial Costs, Buildings and Improvements				414,715
Total Initial Acquisition Costs				479,604
Costs of Improvements Capitalized Subsequent to Acquisition Costs				184,771
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				78,060
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				586,315
Total Carrying Value	664,375			664,375
Accumulated Depreciation	283,939			283,939
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	664,375
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	283,939
United Dominion Reality L.P. | METROPOLITAN, D.C.
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				48,731
Initial Costs, Buildings and Improvements				344,433
Total Initial Acquisition Costs				393,164
Costs of Improvements Capitalized Subsequent to Acquisition Costs				166,527
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				60,753
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				498,938
Total Carrying Value	559,691			559,691
Accumulated Depreciation	227,072			227,072
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	559,691
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	227,072
United Dominion Reality L.P. | METROPOLITAN, D.C. | Ridgewood
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				5,612
Initial Costs, Buildings and Improvements				20,086
Total Initial Acquisition Costs				25,698
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,764
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				6,256
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				30,206
Total Carrying Value	36,462			36,462
Accumulated Depreciation	23,273			23,273
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	36,462
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	23,273
United Dominion Reality L.P. | METROPOLITAN, D.C. | DelRey Tower
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				297
Initial Costs, Buildings and Improvements				12,786
Total Initial Acquisition Costs				13,083
Costs of Improvements Capitalized Subsequent to Acquisition Costs				115,383
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				9,587
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				118,879
Total Carrying Value	128,466			128,466
Accumulated Depreciation	32,915			32,915
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	128,466
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	32,915
United Dominion Reality L.P. | METROPOLITAN, D.C. | Wellington Place at Olde Town
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				13,753
Initial Costs, Buildings and Improvements				36,059
Total Initial Acquisition Costs				49,812
Costs of Improvements Capitalized Subsequent to Acquisition Costs				19,895
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				14,819
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				54,888
Total Carrying Value	69,707			69,707
Accumulated Depreciation	40,260			40,260
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	69,707
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	40,260
United Dominion Reality L.P. | METROPOLITAN, D.C. | Andover House
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				183
Initial Costs, Buildings and Improvements				59,948
Total Initial Acquisition Costs				60,131
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,038
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				316
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				65,853
Total Carrying Value	66,169			66,169
Accumulated Depreciation	37,742			37,742
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	66,169
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	37,742
United Dominion Reality L.P. | METROPOLITAN, D.C. | Sullivan Place
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,137
Initial Costs, Buildings and Improvements				103,676
Total Initial Acquisition Costs				104,813
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,516
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,708
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				113,621
Total Carrying Value	115,329			115,329
Accumulated Depreciation	68,757			68,757
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	115,329
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	68,757
United Dominion Reality L.P. | METROPOLITAN, D.C. | Courts at Huntington Station
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				27,749
Initial Costs, Buildings and Improvements				111,878
Total Initial Acquisition Costs				139,627
Costs of Improvements Capitalized Subsequent to Acquisition Costs				3,931
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				28,067
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				115,491
Total Carrying Value	143,558			143,558
Accumulated Depreciation	24,125			24,125
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	143,558
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	24,125
United Dominion Reality L.P. | BALTIMORE, MD
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				16,158
Initial Costs, Buildings and Improvements				70,282
Total Initial Acquisition Costs				86,440
Costs of Improvements Capitalized Subsequent to Acquisition Costs				18,244
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				17,307
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				87,377
Total Carrying Value	104,684			104,684
Accumulated Depreciation	56,867			56,867
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	104,684
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	56,867
United Dominion Reality L.P. | BALTIMORE, MD | Calvert’s Walk
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				4,408
Initial Costs, Buildings and Improvements				24,692
Total Initial Acquisition Costs				29,100
Costs of Improvements Capitalized Subsequent to Acquisition Costs				8,606
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				4,973
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				32,733
Total Carrying Value	37,706			37,706
Accumulated Depreciation	23,955			23,955
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	37,706
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	23,955
United Dominion Reality L.P. | BALTIMORE, MD | 20 Lambourne
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				11,750
Initial Costs, Buildings and Improvements				45,590
Total Initial Acquisition Costs				57,340
Costs of Improvements Capitalized Subsequent to Acquisition Costs				9,638
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				12,334
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				54,644
Total Carrying Value	66,978			66,978
Accumulated Depreciation	32,912			32,912
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	66,978
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	32,912
United Dominion Reality L.P. | NORTHEAST REGION
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				110,030
Initial Costs, Buildings and Improvements				536,413
Total Initial Acquisition Costs				646,443
Costs of Improvements Capitalized Subsequent to Acquisition Costs				36,137
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				111,126
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				571,454
Total Carrying Value	682,580			682,580
Accumulated Depreciation	242,873			242,873
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	682,580
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	242,873
United Dominion Reality L.P. | NEW YORK, NY
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				99,069
Initial Costs, Buildings and Improvements				485,238
Total Initial Acquisition Costs				584,307
Costs of Improvements Capitalized Subsequent to Acquisition Costs				25,391
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				99,795
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				509,903
Total Carrying Value	609,698			609,698
Accumulated Depreciation	213,562			213,562
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	609,698
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	213,562
United Dominion Reality L.P. | NEW YORK, NY | 10 Hanover Square
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				41,432
Initial Costs, Buildings and Improvements				218,983
Total Initial Acquisition Costs				260,415
Costs of Improvements Capitalized Subsequent to Acquisition Costs				15,597
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				41,764
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				234,248
Total Carrying Value	276,012			276,012
Accumulated Depreciation	90,792			90,792
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	276,012
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	90,792
United Dominion Reality L.P. | NEW YORK, NY | 95 Wall Street
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				57,637
Initial Costs, Buildings and Improvements				266,255
Total Initial Acquisition Costs				323,892
Costs of Improvements Capitalized Subsequent to Acquisition Costs				9,794
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				58,031
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				275,655
Total Carrying Value	333,686			333,686
Accumulated Depreciation	122,770			122,770
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	333,686
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	122,770
United Dominion Reality L.P. | BOSTON, MA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				10,961
Initial Costs, Buildings and Improvements				51,175
Total Initial Acquisition Costs				62,136
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,746
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,331
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				61,551
Total Carrying Value	72,882			72,882
Accumulated Depreciation	29,311			29,311
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	72,882
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	29,311
United Dominion Reality L.P. | BOSTON, MA | 14 North
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				10,961
Initial Costs, Buildings and Improvements				51,175
Total Initial Acquisition Costs				62,136
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,746
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,331
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				61,551
Total Carrying Value	72,882			72,882
Accumulated Depreciation	29,311			29,311
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	72,882
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	29,311
United Dominion Reality L.P. | SOUTHEAST REGION
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				45,330
Initial Costs, Buildings and Improvements				163,328
Total Initial Acquisition Costs				208,658
Costs of Improvements Capitalized Subsequent to Acquisition Costs				132,064
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				56,944
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				283,778
Total Carrying Value	340,722			340,722
Accumulated Depreciation	210,974			210,974
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	340,722
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	210,974
United Dominion Reality L.P. | TAMPA, FL
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				18,571
Initial Costs, Buildings and Improvements				60,008
Total Initial Acquisition Costs				78,579
Costs of Improvements Capitalized Subsequent to Acquisition Costs				28,330
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				22,130
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				84,779
Total Carrying Value	106,909			106,909
Accumulated Depreciation	64,978			64,978
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	106,909
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	64,978
United Dominion Reality L.P. | TAMPA, FL | Inlet Bay
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				7,702
Initial Costs, Buildings and Improvements				23,150
Total Initial Acquisition Costs				30,852
Costs of Improvements Capitalized Subsequent to Acquisition Costs				18,288
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				10,294
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				38,846
Total Carrying Value	49,140			49,140
Accumulated Depreciation	31,488			31,488
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	49,140
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	31,488
United Dominion Reality L.P. | TAMPA, FL | MacAlpine Place
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				10,869
Initial Costs, Buildings and Improvements				36,858
Total Initial Acquisition Costs				47,727
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,042
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				11,836
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				45,933
Total Carrying Value	57,769			57,769
Accumulated Depreciation	33,490			33,490
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	57,769
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	33,490
United Dominion Reality L.P. | NASHVILLE, TN
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				10,791
Initial Costs, Buildings and Improvements				46,919
Total Initial Acquisition Costs				57,710
Costs of Improvements Capitalized Subsequent to Acquisition Costs				90,628
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				18,027
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				130,311
Total Carrying Value	148,338			148,338
Accumulated Depreciation	98,373			98,373
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	148,338
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	98,373
United Dominion Reality L.P. | NASHVILLE, TN | Legacy Hill
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,148
Initial Costs, Buildings and Improvements				5,867
Total Initial Acquisition Costs				7,015
Costs of Improvements Capitalized Subsequent to Acquisition Costs				10,278
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,890
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				15,403
Total Carrying Value	17,293			17,293
Accumulated Depreciation	12,627			12,627
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	17,293
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	12,627
United Dominion Reality L.P. | NASHVILLE, TN | Hickory Run
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				1,469
Initial Costs, Buildings and Improvements				11,584
Total Initial Acquisition Costs				13,053
Costs of Improvements Capitalized Subsequent to Acquisition Costs				11,372
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				2,465
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				21,960
Total Carrying Value	24,425			24,425
Accumulated Depreciation	16,052			16,052
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	24,425
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	16,052
United Dominion Reality L.P. | NASHVILLE, TN | Carrington Hills
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				2,117
Total Initial Acquisition Costs				2,117
Costs of Improvements Capitalized Subsequent to Acquisition Costs				37,947
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				4,753
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				35,311
Total Carrying Value	40,064			40,064
Accumulated Depreciation	25,412			25,412
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	40,064
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	25,412
United Dominion Reality L.P. | NASHVILLE, TN | Brookridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				708
Initial Costs, Buildings and Improvements				5,461
Total Initial Acquisition Costs				6,169
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,920
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,477
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				11,612
Total Carrying Value	13,089			13,089
Accumulated Depreciation	8,555			8,555
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	13,089
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	8,555
United Dominion Reality L.P. | NASHVILLE, TN | Breckenridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				766
Initial Costs, Buildings and Improvements				7,714
Total Initial Acquisition Costs				8,480
Costs of Improvements Capitalized Subsequent to Acquisition Costs				6,359
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				1,484
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				13,355
Total Carrying Value	14,839			14,839
Accumulated Depreciation	9,644			9,644
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	14,839
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,644
United Dominion Reality L.P. | NASHVILLE, TN | Polo Park
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				4,583
Initial Costs, Buildings and Improvements				16,293
Total Initial Acquisition Costs				20,876
Costs of Improvements Capitalized Subsequent to Acquisition Costs				17,752
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				5,958
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				32,670
Total Carrying Value	38,628			38,628
Accumulated Depreciation	26,083			26,083
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	38,628
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	26,083
United Dominion Reality L.P. | OTHER FLORIDA
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				15,968
Initial Costs, Buildings and Improvements				56,401
Total Initial Acquisition Costs				72,369
Costs of Improvements Capitalized Subsequent to Acquisition Costs				13,106
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				16,787
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				68,688
Total Carrying Value	85,475			85,475
Accumulated Depreciation	47,623			47,623
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	85,475
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	47,623
United Dominion Reality L.P. | OTHER FLORIDA | The Reserve and Park at Riverbridge
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				15,968
Initial Costs, Buildings and Improvements				56,401
Total Initial Acquisition Costs				72,369
Costs of Improvements Capitalized Subsequent to Acquisition Costs				13,106
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				16,787
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				68,688
Total Carrying Value	85,475			85,475
Accumulated Depreciation	47,623			47,623
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	85,475
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	47,623
United Dominion Reality L.P. | SOUTHWEST REGION
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,586
Initial Costs, Buildings and Improvements				130,400
Total Initial Acquisition Costs				138,986
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,932
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,604
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				133,314
Total Carrying Value	141,918			141,918
Accumulated Depreciation	9,204			9,204
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	141,918
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,204
United Dominion Reality L.P. | DENVER, CO
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,586
Initial Costs, Buildings and Improvements				130,400
Total Initial Acquisition Costs				138,986
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,932
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,604
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				133,314
Total Carrying Value	141,918			141,918
Accumulated Depreciation	9,204			9,204
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	141,918
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	9,204
United Dominion Reality L.P. | DENVER, CO | Steele Creek
Real Estate and Accumulated Depreciation
Initial Costs, Land and Land Improvements				8,586
Initial Costs, Buildings and Improvements				130,400
Total Initial Acquisition Costs				138,986
Costs of Improvements Capitalized Subsequent to Acquisition Costs				2,932
Gross Amount at Which Carried at Close of Period, Land and Land Improvements				8,604
Gross Amount at Which Carried at Close of Period, Buildings & Buildings Improvements				133,314
Total Carrying Value	141,918			141,918
Accumulated Depreciation	9,204			$ 9,204
Reconciliation of the carrying amount of total real estate owned
Balance at end of the year	141,918
Reconciliation of total accumulated depreciation for real estate owned
Balance at end of year	$ 9,204