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Schedule III: Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III: Real Estate and Accumulated Depreciation
Real Estate and Accumulated Depreciation
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Senior housing triple-net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1107
 
Huntsville
 
AL
 
$
—

 
$
307

 
$
5,813

 
$
—

 
$
307

 
$
5,453

 
$
5,760

 
$
(1,534
)
 
2006
 
0786
 
Douglas
 
AZ
 
—

 
110

 
703

 
—

 
110

 
703

 
813

 
(365
)
 
2005
 
0518
 
Tucson
 
AZ
 
—

 
2,350

 
24,037

 
—

 
2,350

 
24,037

 
26,387

 
(11,418
)
 
2002
 
1238
 
Beverly Hills
 
CA
 
—

 
9,872

 
32,590

 
9,188

 
9,872

 
41,030

 
50,902

 
(12,043
)
 
2006
 
0883
 
Carmichael
 
CA
 
—

 
4,270

 
13,846

 
—

 
4,270

 
13,236

 
17,506

 
(3,668
)
 
2006
 
2204
 
Chino Hills
 
CA
 
—

 
3,720

 
41,183

 
24

 
3,720

 
41,205

 
44,925

 
(4,931
)
 
2014
 
0851
 
Citrus Heights
 
CA
 
—

 
1,180

 
8,367

 
—

 
1,180

 
8,037

 
9,217

 
(3,102
)
 
2006
 
0790
 
Concord
 
CA
 
25,000

 
6,010

 
39,601

 
—

 
6,010

 
38,301

 
44,311

 
(11,877
)
 
2005
 
0787
 
Dana Point
 
CA
 
—

 
1,960

 
15,946

 
—

 
1,960

 
15,466

 
17,426

 
(4,801
)
 
2005
 
0798
 
Escondido
 
CA
 
14,340

 
5,090

 
24,253

 
—

 
5,090

 
23,353

 
28,443

 
(7,250
)
 
2005
 
0791
 
Fremont
 
CA
 
—

 
2,360

 
11,672

 
—

 
2,360

 
11,192

 
13,552

 
(3,475
)
 
2005
 
0788
 
Granada Hills
 
CA
 
—

 
2,200

 
18,257

 
—

 
2,200

 
17,637

 
19,837

 
(5,475
)
 
2005
 
0227
 
Lodi
 
CA
 
—

 
732

 
5,453

 
—

 
732

 
5,453

 
6,185

 
(3,008
)
 
1997
 
0226
 
Murietta
 
CA
 
—

 
435

 
5,729

 
—

 
435

 
5,729

 
6,164

 
(3,093
)
 
1997
 
1165
 
Northridge
 
CA
 
—

 
6,718

 
26,309

 
2,710

 
6,752

 
27,780

 
34,532

 
(7,981
)
 
2006
 
0789
 
Pleasant Hill
 
CA
 
6,270

 
2,480

 
21,333

 
—

 
2,480

 
20,633

 
23,113

 
(6,405
)
 
2005
 
2205
 
Roseville
 
CA
 
—

 
3,844

 
33,527

 
—

 
3,844

 
33,527

 
37,371

 
(3,938
)
 
2014
 
1167
 
Santa Rosa
 
CA
 
—

 
3,582

 
21,113

 
2,230

 
3,627

 
22,003

 
25,630

 
(6,189
)
 
2006
 
0793
 
South San Francisco
 
CA
 
—

 
3,000

 
16,586

 
—

 
3,000

 
16,056

 
19,056

 
(4,978
)
 
2005
 
0792
 
Ventura
 
CA
 
—

 
2,030

 
17,379

 
—

 
2,030

 
16,749

 
18,779

 
(5,200
)
 
2005
 
0512
 
Denver
 
CO
 
—

 
2,810

 
36,021

 
1,885

 
2,810

 
37,686

 
40,496

 
(17,547
)
 
2002
 
1000
 
Greenwood Village
 
CO
 
—

 
3,367

 
43,610

 
2,894

 
3,367

 
45,708

 
49,075

 
(12,039
)
 
2006
 
2144
 
Glastonbury
 
CT
 
—

 
1,658

 
16,046

 
378

 
1,658

 
16,423

 
18,081

 
(2,600
)
 
2012
 
0730
 
Torrington
 
CT
 
—

 
166

 
11,001

 
3,686

 
166

 
14,277

 
14,443

 
(3,947
)
 
2005
 
0861
 
Apopka
 
FL
 
—

 
920

 
4,816

 
854

 
920

 
5,570

 
6,490

 
(1,770
)
 
2006
 
0852
 
Boca Raton
 
FL
 

 
4,730

 
17,532

 
5,471

 
4,730

 
22,390

 
27,120

 
(7,570
)
 
2006
 
2467
 
Ft Myers
 
FL
 
—

 
2,782

 
21,827

 
—

 
2,782

 
21,827

 
24,609

 
(1,577
)
 
2016
 
1095
 
Gainesville
 
FL
 
—

 
1,221

 
12,226

 
—

 
1,221

 
12,001

 
13,222

 
(3,375
)
 
2006
 
0490
 
Jacksonville
 
FL
 
—

 
3,250

 
25,936

 
6,170

 
3,250

 
32,106

 
35,356

 
(12,779
)
 
2002
 
1096
 
Jacksonville
 
FL
 
—

 
1,587

 
15,616

 
—

 
1,587

 
15,298

 
16,885

 
(4,303
)
 
2006
 
1017
 
Palm Harbor
 
FL
 
—

 
1,462

 
16,774

 
500

 
1,462

 
16,888

 
18,350

 
(4,842
)
 
2006
 
0732
 
Port Orange
 
FL
 
—

 
2,340

 
9,898

 
1,177

 
2,340

 
10,555

 
12,895

 
(3,299
)
 
2005
 
2194
 
Springtree
 
FL
 
—

 
1,066

 
15,874

 
1,447

 
1,066

 
17,321

 
18,387

 
(3,186
)
 
2013
 
0802
 
St. Augustine
 
FL
 
—

 
830

 
11,627

 
1,288

 
830

 
12,515

 
13,345

 
(4,322
)
 
2005
 
1097
 
Tallahassee
 
FL
 
—

 
1,331

 
19,039

 
—

 
1,331

 
18,695

 
20,026

 
(5,258
)
 
2006
 
1605
 
Vero Beach
 
FL
 
—

 
700

 
16,234

 
—

 
700

 
15,484

 
16,184

 
(3,097
)
 
2010
 
1257
 
Vero Beach
 
FL
 
—

 
2,035

 
34,993

 
201

 
2,035

 
33,634

 
35,669

 
(9,457
)
 
2006
 
2108
 
Buford
 
GA
 
—

 
562

 
3,604

 
499

 
562

 
4,103

 
4,665

 
(788
)
 
2012
 
2109
 
Buford
 
GA
 
—

 
536

 
3,142

 
343

 
536

 
3,486

 
4,022

 
(638
)
 
2012
 
2053
 
Canton
 
GA
 
—

 
401

 
17,888

 
473

 
401

 
18,361

 
18,762

 
(2,366
)
 
2012
 
2165
 
Hartwell
 
GA
 
—

 
368

 
6,337

 
300

 
368

 
6,637

 
7,005

 
(1,009
)
 
2012
 
2066
 
Lawrenceville
 
GA
 
—

 
581

 
2,669

 
417

 
581

 
3,085

 
3,666

 
(654
)
 
2012
 
1241
 
Lilburn
 
GA
 
—

 
907

 
17,340

 
325

 
907

 
17,102

 
18,009

 
(4,841
)
 
2006
 
2086
 
Newnan
 
GA
 
—

 
1,227

 
4,202

 
503

 
1,227

 
4,705

 
5,932

 
(933
)
 
2012
 
1005
 
Oak Park
 
IL
 
—

 
3,476

 
35,259

 
1,862

 
3,476

 
36,575

 
40,051

 
(9,556
)
 
2006
 
1162
 
Orland Park
 
IL
 
—

 
2,623

 
23,154

 
1,614

 
2,623

 
23,992

 
26,615

 
(6,697
)
 
2006
 
1237
 
Wilmette
 
IL
 
—

 
1,100

 
9,373

 
774

 
1,100

 
9,922

 
11,022

 
(2,711
)
 
2006
 
1105
 
Louisville
 
KY
 
—

 
1,499

 
26,252

 
240

 
1,513

 
25,813

 
27,326

 
(7,379
)
 
2006
 
2115
 
Murray
 
KY
 
—

 
288

 
7,400

 
299

 
288

 
7,698

 
7,986

 
(1,286
)
 
2012
 
1158
 
Plymouth
 
MA
 
—

 
2,434

 
9,027

 
879

 
2,438

 
9,105

 
11,543

 
(2,554
)
 
2006
 
1249
 
Frederick
 
MD
 
—

 
609

 
9,158

 
840

 
609

 
9,665

 
10,274

 
(2,830
)
 
2006
 
0281
 
Westminster
 
MD
 
—

 
768

 
5,251

 
1,451

 
768

 
6,758

 
7,526

 
(2,544
)
 
1998
 
0546
 
Cape Elizabeth
 
ME
 
—

 
630

 
3,524

 
93

 
630

 
3,617

 
4,247

 
(1,337
)
 
2003
 
0545
 
Saco
 
ME
 
—

 
80

 
2,363

 
155

 
80

 
2,518

 
2,598

 
(928
)
 
2003
 
1258
 
Auburn Hills
 
MI
 
—

 
2,281

 
10,692

 
—

 
2,281

 
10,692

 
12,973

 
(3,007
)
 
2006
 
1248
 
Farmington Hills
 
MI
 
—

 
1,013

 
12,119

 
939

 
1,013

 
12,418

 
13,431

 
(3,530
)
 
2006
 
1259
 
Sterling Heights
 
MI
 
—

 
1,593

 
11,500

 
—

 
1,593

 
11,181

 
12,774

 
(3,145
)
 
2006
 
1235
 
Des Peres
 
MO
 
—

 
4,361

 
20,664

 
1,225

 
4,361

 
21,271

 
25,632

 
(5,760
)
 
2006
 
1236
 
Richmond Heights
 
MO
 
—

 
1,744

 
24,232

 
368

 
1,744

 
23,915

 
25,659

 
(6,701
)
 
2006
 
0853
 
St. Louis
 
MO
 
—

 
2,500

 
20,343

 
—

 
2,500

 
19,853

 
22,353

 
(7,665
)
 
2006
 
2074
 
Oxford
 
MS
 
—

 
2,003

 
14,140

 
231

 
2,003

 
14,371

 
16,374

 
(2,089
)
 
2012
 
0878
 
Charlotte
 
NC
 
—

 
710

 
9,559

 
—

 
710

 
9,159

 
9,869

 
(2,538
)
 
2006
 
2465
 
Charlotte
 
NC
 
—

 
1,373

 
10,774

 
—

 
1,373

 
10,774

 
12,147

 
(778
)
 
2016
 
2468
 
Franklin
 
NC
 
—

 
1,082

 
8,489

 
—

 
1,082

 
8,489

 
9,571

 
(613
)
 
2016
 
2126
 
Mooresville
 
NC
 
—

 
2,538

 
37,617

 
1,684

 
2,538

 
39,302

 
41,840

 
(5,390
)
 
2012
 
2466
 
Raeford
 
NC
 
—

 
1,304

 
10,230

 
—

 
1,304

 
10,230

 
11,534

 
(739
)
 
2016
 
1254
 
Raleigh
 
NC
 
—

 
1,191

 
11,532

 
489

 
1,191

 
11,681

 
12,872

 
(3,429
)
 
2006
 
2127
 
Minot
 
ND
 
—

 
685

 
16,047

 
676

 
685

 
16,723

 
17,408

 
(2,486
)
 
2012
 
1599
 
Cherry Hill
 
NJ
 
—

 
2,420

 
11,042

 
2,294

 
2,420

 
12,785

 
15,205

 
(3,685
)
 
2010
 
1239
 
Cresskill
 
NJ
 
—

 
4,684

 
53,927

 
501

 
4,684

 
53,406

 
58,090

 
(15,063
)
 
2006
 
0734
 
Hillsborough
 
NJ
 
—

 
1,042

 
10,042

 
491

 
1,042

 
10,066

 
11,108

 
(3,125
)
 
2005
 
1242
 
Madison
 
NJ
 
—

 
3,157

 
19,909

 
179

 
3,157

 
19,468

 
22,625

 
(5,475
)
 
2006
 
0733
 
Manahawkin
 
NJ
 
—

 
921

 
9,927

 
691

 
921

 
10,152

 
11,073

 
(3,191
)
 
2005
 
1231
 
Saddle River
 
NJ
 
—

 
1,784

 
15,625

 
612

 
1,784

 
15,640

 
17,424

 
(4,452
)
 
2006
 
0245
 
Voorhees Township
 
NJ
 
—

 
900

 
7,629

 
520

 
900

 
8,149

 
9,049

 
(3,287
)
 
1998
 
0796
 
Las Vegas
 
NV
 
—

 
1,960

 
5,816

 
—

 
1,960

 
5,426

 
7,386

 
(1,685
)
 
2005
 
1252
 
Brooklyn
 
NY
 
—

 
8,117

 
23,627

 
1,057

 
8,117

 
23,577

 
31,694

 
(6,701
)
 
2006
 
1256
 
Brooklyn
 
NY
 
—

 
5,215

 
39,052

 
1,079

 
5,215

 
39,197

 
44,412

 
(11,181
)
 
2006
 
2174
 
Orchard Park
 
NY
 
—

 
726

 
17,735

 
—

 
726

 
17,735

 
18,461

 
(2,957
)
 
2012
 
1386
 
Marietta
 
OH
 
—

 
1,069

 
11,435

 
668

 
1,069

 
11,898

 
12,967

 
(4,322
)
 
2007
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
1253
 
Youngstown
 
OH
 
—

 
695

 
10,444

 
744

 
695

 
10,842

 
11,537

 
(3,113
)
 
2006
 
2083
 
Oklahoma City
 
OK
 
—

 
2,116

 
28,007

 
1,939

 
2,116

 
29,946

 
32,062

 
(4,569
)
 
2012
 
2131
 
Keizer
 
OR
 
2,431

 
551

 
6,454

 
—

 
551

 
6,454

 
7,005

 
(938
)
 
2013
 
2152
 
McMinnville
 
OR
 
—

 
3,203

 
24,909

 
5,381

 
3,203

 
28,796

 
31,999

 
(5,040
)
 
2012
 
2089
 
Newberg
 
OR
 
—

 
1,889

 
16,855

 
837

 
1,889

 
17,692

 
19,581

 
(2,428
)
 
2012
 
2133
 
Portland
 
OR
 
—

 
1,615

 
12,030

 
169

 
1,615

 
12,199

 
13,814

 
(1,592
)
 
2012
 
2171
 
Portland
 
OR
 
—

 
—

 
16,087

 
311

 
—

 
16,398

 
16,398

 
(2,069
)
 
2012
 
2050
 
Redmond
 
OR
 
—

 
1,229

 
21,921

 
809

 
1,229

 
22,731

 
23,960

 
(2,932
)
 
2012
 
2084
 
Roseburg
 
OR
 
—

 
1,042

 
12,090

 
134

 
1,042

 
12,223

 
13,265

 
(1,918
)
 
2012
 
2134
 
Scappoose
 
OR
 
—

 
353

 
1,258

 
17

 
353

 
1,275

 
1,628

 
(264
)
 
2012
 
2153
 
Scappoose
 
OR
 
—

 
971

 
7,116

 
142

 
971

 
7,258

 
8,229

 
(1,311
)
 
2012
 
2056
 
Stayton
 
OR
 
—

 
48

 
569

 
19

 
48

 
588

 
636

 
(160
)
 
2012
 
2058
 
Stayton
 
OR
 
—

 
253

 
8,621

 
140

 
253

 
8,762

 
9,015

 
(1,370
)
 
2012
 
2088
 
Tualatin
 
OR
 
—

 
—

 
6,326

 
375

 
—

 
6,701

 
6,701

 
(1,376
)
 
2012
 
2180
 
Windfield Village
 
OR
 
2,722

 
580

 
9,817

 
—

 
580

 
9,817

 
10,397

 
(1,424
)
 
2013
 
1163
 
Haverford
 
PA
 
—

 
16,461

 
108,816

 
12,128

 
16,461

 
116,731

 
133,192

 
(33,431
)
 
2006
 
2063
 
Selinsgrove
 
PA
 
—

 
529

 
9,111

 
237

 
529

 
9,349

 
9,878

 
(1,625
)
 
2012
 
1973
 
South Kingstown
 
RI
 
—

 
1,390

 
12,551

 
630

 
1,390

 
12,918

 
14,308

 
(3,187
)
 
2011
 
1975
 
Tiverton
 
RI
 
—

 
3,240

 
25,735

 
651

 
3,240

 
25,938

 
29,178

 
(6,242
)
 
2011
 
1104
 
Aiken
 
SC
 
—

 
357

 
14,832

 
151

 
363

 
14,395

 
14,758

 
(4,081
)
 
2006
 
1109
 
Columbia
 
SC
 
—

 
408

 
7,527

 
131

 
412

 
7,414

 
7,826

 
(2,123
)
 
2006
 
0306
 
Georgetown
 
SC
 
—

 
239

 
3,008

 
—

 
239

 
3,008

 
3,247

 
(1,236
)
 
1998
 
0879
 
Greenville
 
SC
 
—

 
1,090

 
12,558

 
—

 
1,090

 
12,058

 
13,148

 
(3,341
)
 
2006
 
0305
 
Lancaster
 
SC
 
—

 
84

 
2,982

 
—

 
84

 
2,982

 
3,066

 
(1,142
)
 
1998
 
0880
 
Myrtle Beach
 
SC
 
—

 
900

 
10,913

 
—

 
900

 
10,513

 
11,413

 
(2,913
)
 
2006
 
0312
 
Rock Hill
 
SC
 
—

 
203

 
2,671

 
—

 
203

 
2,671

 
2,874

 
(1,077
)
 
1998
 
1113
 
Rock Hill
 
SC
 
—

 
695

 
4,119

 
322

 
795

 
4,074

 
4,869

 
(1,313
)
 
2006
 
0313
 
Sumter
 
SC
 
—

 
196

 
2,623

 
—

 
196

 
2,623

 
2,819

 
(1,078
)
 
1998
 
2073
 
Kingsport
 
TN
 
—

 
1,113

 
8,625

 
322

 
1,113

 
8,947

 
10,060

 
(1,418
)
 
2012
 
1003
 
Nashville
 
TN
 
—

 
812

 
16,983

 
2,524

 
812

 
18,759

 
19,571

 
(4,691
)
 
2006
 
0843
 
Abilene
 
TX
 
—

 
300

 
2,830

 
—

 
300

 
2,710

 
3,010

 
(785
)
 
2006
 
2107
 
Amarillo
 
TX
 
—

 
1,315

 
26,838

 
582

 
1,315

 
27,417

 
28,732

 
(3,790
)
 
2012
 
1116
 
Arlington
 
TX
 
—

 
2,494

 
12,192

 
249

 
2,540

 
11,847

 
14,387

 
(3,472
)
 
2006
 
0511
 
Austin
 
TX
 
—

 
2,960

 
41,645

 
—

 
2,960

 
41,645

 
44,605

 
(19,781
)
 
2002
 
2075
 
Bedford
 
TX
 
—

 
1,204

 
26,845

 
1,599

 
1,204

 
28,444

 
29,648

 
(4,134
)
 
2012
 
0844
 
Burleson
 
TX
 
—

 
1,050

 
5,242

 
—

 
1,050

 
4,902

 
5,952

 
(1,420
)
 
2006
 
0848
 
Cedar Hill
 
TX
 
—

 
1,070

 
11,554

 
—

 
1,070

 
11,104

 
12,174

 
(3,215
)
 
2006
 
1325
 
Cedar Hill
 
TX
 
—

 
440

 
7,494

 
—

 
440

 
6,974

 
7,414

 
(1,874
)
 
2007
 
0506
 
Friendswood
 
TX
 
—

 
400

 
7,354

 
174

 
400

 
7,528

 
7,928

 
(2,582
)
 
2002
 
0217
 
Houston
 
TX
 
—

 
835

 
7,195

 
454

 
835

 
7,649

 
8,484

 
(3,306
)
 
1997
 
1106
 
Houston
 
TX
 
—

 
1,008

 
15,333

 
183

 
1,020

 
15,052

 
16,072

 
(4,314
)
 
2006
 
0845
 
North Richland Hills
 
TX
 
—

 
520

 
5,117

 
—

 
520

 
4,807

 
5,327

 
(1,392
)
 
2006
 
0846
 
North Richland Hills
 
TX
 
—

 
870

 
9,259

 
—

 
870

 
8,819

 
9,689

 
(2,919
)
 
2006
 
2162
 
Portland
 
TX
 
—

 
1,233

 
14,001

 
1,353

 
1,233

 
15,354

 
16,587

 
(2,520
)
 
2012
 
2116
 
Sherman
 
TX
 
—

 
209

 
3,492

 
377

 
209

 
3,870

 
4,079

 
(647
)
 
2012
 
0847
 
Waxahachie
 
TX
 
—

 
390

 
3,879

 
—

 
390

 
3,659

 
4,049

 
(1,059
)
 
2006
 
2470
 
Abingdon
 
VA
 
—

 
1,584

 
12,431

 
—

 
1,584

 
12,431

 
14,015

 
(898
)
 
2016
 
1244
 
Arlington
 
VA
 
—

 
3,833

 
7,076

 
882

 
3,833

 
7,630

 
11,463

 
(2,248
)
 
2006
 
1245
 
Arlington
 
VA
 
—

 
7,278

 
37,407

 
3,185

 
7,278

 
39,481

 
46,759

 
(10,900
)
 
2006
 
0881
 
Chesapeake
 
VA
 
—

 
1,090

 
12,444

 
—

 
1,090

 
11,944

 
13,034

 
(3,310
)
 
2006
 
1247
 
Falls Church
 
VA
 
—

 
2,228

 
8,887

 
677

 
2,228

 
9,240

 
11,468

 
(2,734
)
 
2006
 
1164
 
Fort Belvoir
 
VA
 
—

 
11,594

 
99,528

 
11,862

 
11,594

 
108,676

 
120,270

 
(31,972
)
 
2006
 
1250
 
Leesburg
 
VA
 
—

 
607

 
3,236

 
206

 
607

 
3,230

 
3,837

 
(3,196
)
 
2006
 
1246
 
Sterling
 
VA
 
—

 
2,360

 
22,932

 
1,059

 
2,360

 
23,228

 
25,588

 
(6,672
)
 
2006
 
2077
 
Sterling
 
VA
 
—

 
1,046

 
15,788

 
385

 
1,046

 
16,173

 
17,219

 
(2,214
)
 
2012
 
0225
 
Woodbridge
 
VA
 
—

 
950

 
6,983

 
1,459

 
950

 
8,442

 
9,392

 
(3,516
)
 
1997
 
1173
 
Bellevue
 
WA
 
—

 
3,734

 
16,171

 
645

 
3,737

 
16,094

 
19,831

 
(4,541
)
 
2006
 
2095
 
College Place
 
WA
 
—

 
758

 
8,051

 
701

 
758

 
8,752

 
9,510

 
(1,437
)
 
2012
 
1240
 
Edmonds
 
WA
 
—

 
1,418

 
16,502

 
105

 
1,418

 
16,102

 
17,520

 
(4,552
)
 
2006
 
2160
 
Kenmore
 
WA
 
—

 
3,284

 
16,641

 
638

 
3,284

 
17,278

 
20,562

 
(2,406
)
 
2012
 
0797
 
Kirkland
 
WA
 
—

 
1,000

 
13,403

 
—

 
1,000

 
13,043

 
14,043

 
(4,049
)
 
2005
 
1251
 
Mercer Island
 
WA
 
—

 
4,209

 
8,123

 
581

 
4,209

 
8,202

 
12,411

 
(2,334
)
 
2006
 
2096
 
Poulsbo
 
WA
 
—

 
1,801

 
18,068

 
224

 
1,801

 
18,292

 
20,093

 
(2,734
)
 
2012
 
2102
 
Richland
 
WA
 
—

 
249

 
5,067

 
135

 
249

 
5,202

 
5,451

 
(764
)
 
2012
 
0794
 
Shoreline
 
WA
 
—

 
1,590

 
10,671

 
—

 
1,590

 
10,261

 
11,851

 
(3,185
)
 
2005
 
0795
 
Shoreline
 
WA
 
—

 
4,030

 
26,421

 
42

 
4,030

 
25,691

 
29,721

 
(7,898
)
 
2005
 
2061
 
Vancouver
 
WA
 
—

 
513

 
4,556

 
246

 
513

 
4,802

 
5,315

 
(888
)
 
2012
 
2062
 
Vancouver
 
WA
 
—

 
1,498

 
9,997

 
192

 
1,498

 
10,189

 
11,687

 
(1,477
)
 
2012
 
2052
 
Yakima
 
WA
 
—

 
557

 
5,897

 
176

 
557

 
6,074

 
6,631

 
(931
)
 
2012
 
2078
 
Yakima
 
WA
 
—

 
353

 
5,668

 
27

 
353

 
5,695

 
6,048

 
(781
)
 
2012
 
2117
 
Bridgeport
 
WV
 
—

 
3,174

 
15,437

 
493

 
3,174

 
15,930

 
19,104

 
(3,028
)
 
2012
 
2148
 
Sheridan
 
WY
 
—

 
915

 
12,047

 
1,242

 
915

 
13,289

 
14,204

 
(2,149
)
 
2012
 
 
 
 
 
 
 
$
50,763

 
$
289,180

 
$
2,387,674

 
$
123,120

 
$
289,448

 
$
2,457,872

 
$
2,747,320

 
$
(641,170
)
 
 
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Senior housing operating portfolio
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1974
 
Sun City
 
AZ
 
—

 
2,640

 
33,223

 
2,685

 
2,640

 
35,378

 
38,018

 
(9,041
)
 
2011
 
2729
 
Clearlake
 
CA
 
—

 
354

 
4,799

 
306

 
354

 
4,635

 
4,989

 
(898
)
 
2012
 
1965
 
Fresno
 
CA
 
—

 
1,730

 
31,918

 
2,117

 
1,730

 
33,605

 
35,335

 
(8,408
)
 
2011
 
2726
 
Fortuna
 
CA
 
—

 
818

 
3,295

 
63

 
818

 
3,358

 
4,176

 
(1,582
)
 
2012
 
2728
 
Fortuna
 
CA
 
—

 
1,346

 
11,856

 
176

 
1,346

 
10,618

 
11,964

 
(3,568
)
 
2012
 
2593
 
Irvine
 
CA
 
—

 
8,220

 
14,104

 
539

 
8,220

 
14,103

 
22,323

 
(3,465
)
 
2006
 
2725
 
Palm Springs
 
CA
 
—

 
1,005

 
5,183

 
619

 
1,005

 
5,263

 
6,268

 
(2,097
)
 
2006
 
1966
 
Sun City
 
CA
 
—

 
2,650

 
22,709

 
3,863

 
2,650

 
26,118

 
28,768

 
(7,323
)
 
2011
 
2727
 
Yreka
 
CA
 
—

 
565

 
9,184

 
419

 
565

 
6,633

 
7,198

 
(1,675
)
 
2012
 
2505
 
Arvada
 
CO
 
—

 
1,788

 
29,896

 
1,016

 
1,788

 
30,912

 
32,700

 
(2,694
)
 
2015
 
2506
 
Boulder
 
CO
 
—

 
2,424

 
36,746

 
674

 
2,424

 
37,421

 
39,845

 
(2,492
)
 
2015
 
2515
 
Denver
 
CO
 
—

 
2,311

 
18,645

 
1,995

 
2,311

 
20,639

 
22,950

 
(2,519
)
 
2015
 
2508
 
Lakewood
 
CO
 
—

 
4,384

 
60,795

 
1,988

 
4,384

 
62,782

 
67,166

 
(4,928
)
 
2015
 
2509
 
Lakewood
 
CO
 
—

 
2,296

 
37,236

 
1,523

 
2,296

 
38,760

 
41,056

 
(2,538
)
 
2015
 
2603
 
Boca Raton
 
FL
 
—

 
2,415

 
17,923

 
858

 
2,415

 
17,726

 
20,141

 
(4,534
)
 
2006
 
1963
 
Boynton Beach
 
FL
 
—

 
2,550

 
31,521

 
3,665

 
2,550

 
34,521

 
37,071

 
(9,003
)
 
2011
 
1964
 
Boynton Beach
 
FL
 
—

 
570

 
5,649

 
2,826

 
570

 
8,282

 
8,852

 
(2,799
)
 
2011
 
2602
 
Boynton Beach
 
FL
 
—

 
1,270

 
4,773

 
1,918

 
1,270

 
4,775

 
6,045

 
(1,278
)
 
2003
 
2520
 
Clearwater
 
FL
 
—

 
2,250

 
2,627

 
1,588

 
2,250

 
3,635

 
5,885

 
(1,095
)
 
2015
 
2604
 
Coconut Creek
 
FL
 
—

 
2,461

 
16,006

 
2,461

 
2,461

 
15,712

 
18,173

 
(3,933
)
 
2006
 
2601
 
Delray Beach
 
FL
 
—

 
850

 
6,637

 
1,598

 
850

 
6,907

 
7,757

 
(1,891
)
 
2002
 
2517
 
Ft Lauderdale
 
FL
 
—

 
2,867

 
43,126

 
2,927

 
2,867

 
45,896

 
48,763

 
(4,652
)
 
2015
 
2518
 
Lake Worth
 
FL
 
—

 
1,669

 
13,267

 
1,180

 
1,669

 
14,447

 
16,116

 
(1,916
)
 
2015
 
2592
 
Lantana
 
FL
 
—

 
3,520

 
26,452

 
377

 
3,520

 
26,029

 
29,549

 
(9,790
)
 
2006
 
1968
 
Largo
 
FL
 
—

 
2,920

 
64,988

 
12,399

 
2,920

 
76,167

 
79,087

 
(20,269
)
 
2011
 
2522
 
Lutz
 
FL
 
—

 
902

 
15,169

 
55

 
902

 
16,152

 
17,054

 
(1,213
)
 
2015
 
2523
 
Orange City
 
FL
 
—

 
912

 
9,724

 
894

 
912

 
10,618

 
11,530

 
(1,092
)
 
2015
 
2524
 
Port St Lucie
 
FL
 
—

 
893

 
10,333

 
827

 
893

 
11,161

 
12,054

 
(1,252
)
 
2015
 
1971
 
Sarasota
 
FL
 
—

 
3,050

 
29,516

 
6,239

 
3,050

 
35,325

 
38,375

 
(9,497
)
 
2011
 
2525
 
Sarasota
 
FL
 
—

 
1,426

 
16,079

 
1,304

 
1,426

 
17,383

 
18,809

 
(1,854
)
 
2015
 
2526
 
Tamarac
 
FL
 
—

 
970

 
16,037

 
924

 
970

 
16,968

 
17,938

 
(1,324
)
 
2015
 
2513
 
Venice
 
FL
 
—

 
1,140

 
20,662

 
1,647

 
1,140

 
22,309

 
23,449

 
(1,838
)
 
2015
 
2527
 
Vero Beach
 
FL
 
—

 
1,048

 
17,392

 
1,342

 
1,048

 
18,733

 
19,781

 
(1,440
)
 
2015
 
2200
 
Deer Park
 
IL
 
—

 
4,172

 
2,417

 
44,534

 
4,229

 
44,478

 
48,707

 
(2,244
)
 
2014
 
2594
 
Mount Vernon
 
IL
 
—

 
296

 
15,935

 
4,340

 
512

 
19,728

 
20,240

 
(5,122
)
 
2006
 
1969
 
Niles
 
IL
 
—

 
3,790

 
32,912

 
5,884

 
3,790

 
38,024

 
41,814

 
(10,772
)
 
2011
 
1961
 
Olympia Fields
 
IL
 
—

 
4,120

 
29,400

 
3,832

 
4,120

 
32,706

 
36,826

 
(8,523
)
 
2011
 
1952
 
Vernon Hills
 
IL
 
—

 
4,900

 
45,854

 
5,999

 
4,900

 
51,157

 
56,057

 
(13,321
)
 
2011
 
2595
 
Indianapolis
 
IN
 
—

 
1,197

 
7,718

 
1,084

 
1,197

 
8,570

 
9,767

 
(2,137
)
 
2006
 
2596
 
W Lafayette
 
IN
 
—

 
813

 
10,876

 
1,324

 
813

 
11,949

 
12,762

 
(3,023
)
 
2006
 
2746
 
Watertown
 
MA
 
—

 
8,828

 
29,112

 
53

 
8,828

 
29,165

 
37,993

 
(129
)
 
2017
 
2583
 
Ellicott City
 
MD
 
19,469

 
3,607

 
31,720

 
1,239

 
3,607

 
32,959

 
36,566

 
(1,280
)
 
2016
 
2584
 
Hanover
 
MD
 
9,065

 
4,513

 
25,625

 
867

 
4,513

 
26,492

 
31,005

 
(1,009
)
 
2016
 
2585
 
Laurel
 
MD
 
5,879

 
3,895

 
13,331

 
993

 
3,895

 
14,323

 
18,218

 
(709
)
 
2016
 
2541
 
Olney
 
MD
 
—

 
1,580

 
33,802

 
158

 
1,580

 
33,960

 
35,540

 
(2,247
)
 
2015
 
2586
 
Parkville
 
MD
 
21,008

 
3,854

 
29,061

 
902

 
3,854

 
29,963

 
33,817

 
(1,356
)
 
2016
 
2587
 
Waldorf
 
MD
 
8,501

 
392

 
20,514

 
650

 
392

 
21,164

 
21,556

 
(799
)
 
2016
 
2741
 
Lexington
 
NE
 
—

 
474

 
8,405

 
474

 
474

 
6,362

 
6,836

 
(1,657
)
 
2012
 
2589
 
Albuquerque
 
NM
 
—

 
767

 
9,324

 
253

 
767

 
9,079

 
9,846

 
(4,059
)
 
1996
 
2740
 
Rio Rancho
 
NM
 
—

 
1,154

 
13,726

 
495

 
1,154

 
14,221

 
15,375

 
(2,259
)
 
2012
 
2735
 
Roswell
 
NM
 
—

 
618

 
7,038

 
1,010

 
618

 
7,741

 
8,359

 
(1,578
)
 
2012
 
2738
 
Roswell
 
NM
 
—

 
837

 
8,614

 
997

 
837

 
9,288

 
10,125

 
(1,979
)
 
2012
 
2733
 
Las Vegas
 
NV
 
—

 
667

 
14,469

 
509

 
667

 
10,347

 
11,014

 
(2,592
)
 
2012
 
2743
 
Clifton Park
 
NY
 
—

 
2,257

 
11,470

 
4

 
2,257

 
11,484

 
13,741

 
(1,926
)
 
2012
 
2742
 
Orchard Park
 
NY
 
—

 
478

 
11,961

 
—

 
478

 
11,961

 
12,439

 
(1,984
)
 
2012
 
2516
 
Centerville
 
OH
 
—

 
1,065

 
10,901

 
1,520

 
1,065

 
12,421

 
13,486

 
(1,643
)
 
2015
 
2512
 
Cincinnati
 
OH
 
—

 
1,180

 
6,157

 
1,393

 
1,180

 
7,549

 
8,729

 
(1,442
)
 
2015
 
2597
 
Fairborn
 
OH
 
—

 
298

 
10,704

 
3,895

 
298

 
14,368

 
14,666

 
(3,732
)
 
2006
 
2736
 
Gresham
 
OR
 
—

 
465

 
6,403

 
265

 
465

 
6,668

 
7,133

 
(1,563
)
 
2012
 
2744
 
Hermiston
 
OR
 
2,327

 
582

 
8,087

 
—

 
582

 
8,087

 
8,669

 
(1,400
)
 
2013
 
2739
 
Portland
 
OR
 
—

 
1,677

 
9,469

 
374

 
1,677

 
6,940

 
8,617

 
(2,306
)
 
2012
 
2730
 
Cumberland
 
RI
 
—

 
2,630

 
19,050

 
803

 
2,630

 
13,145

 
15,775

 
(4,644
)
 
2011
 
1959
 
East Providence
 
RI
 
—

 
1,890

 
13,989

 
1,447

 
1,890

 
15,183

 
17,073

 
(4,117
)
 
2011
 
1960
 
Greenwich
 
RI
 
—

 
450

 
11,845

 
1,846

 
450

 
13,414

 
13,864

 
(3,796
)
 
2011
 
2511
 
Johnston
 
RI
 
—

 
2,037

 
12,724

 
3,724

 
2,037

 
16,448

 
18,485

 
(2,468
)
 
2015
 
2731
 
Smithfield
 
RI
 
—

 
1,250

 
17,816

 
656

 
1,250

 
17,192

 
18,442

 
(4,724
)
 
2011
 
1962
 
Warwick
 
RI
 
—

 
1,050

 
17,389

 
6,772

 
1,050

 
23,804

 
24,854

 
(5,580
)
 
2011
 
2401
 
Germantown
 
TN
 
—

 
3,640

 
64,588

 
264

 
3,640

 
64,852

 
68,492

 
(5,393
)
 
2015
 
2608
 
Arlington
 
TX
 
—

 
2,002

 
19,110

 
128

 
2,002

 
18,857

 
20,859

 
(5,035
)
 
2006
 
2531
 
Austin
 
TX
 
—

 
607

 
15,972

 
424

 
607

 
16,396

 
17,003

 
(1,126
)
 
2015
 
2588
 
Beaumont
 
TX
 
—

 
145

 
10,404

 
324

 
145

 
10,282

 
10,427

 
(4,679
)
 
1995
 
2438
 
Dallas
 
TX
 
—

 
2,091

 
11,698

 
2,091

 
2,091

 
12,307

 
14,398

 
(2,074
)
 
2015
 
2528
 
Graham
 
TX
 
—

 
754

 
8,803

 
782

 
754

 
9,586

 
10,340

 
(1,088
)
 
2015
 
2529
 
Grand Prairie
 
TX
 
—

 
865

 
10,650

 
1,118

 
865

 
11,768

 
12,633

 
(1,196
)
 
2015
 
1955
 
Houston
 
TX
 
—

 
9,820

 
50,079

 
10,526

 
9,820

 
59,293

 
69,113

 
(16,391
)
 
2011
 
1957
 
Houston
 
TX
 
—

 
8,170

 
37,285

 
5,658

 
8,170

 
42,112

 
50,282

 
(11,285
)
 
2011
 
1958
 
Houston
 
TX
 
—

 
2,910

 
37,443

 
7,685

 
2,910

 
44,233

 
47,143

 
(11,666
)
 
2011
 
2402
 
Houston
 
TX
 
—

 
1,740

 
32,057

 
95

 
1,740

 
32,153

 
33,893

 
(2,801
)
 
2015
 
2606
 
Houston
 
TX
 
—

 
2,470

 
21,710

 
2,176

 
2,470

 
23,036

 
25,506

 
(10,451
)
 
2002
 
2530
 
N Richland Hills
 
TX
 
—

 
1,190

 
17,756

 
1,104

 
1,190

 
18,859

 
20,049

 
(1,659
)
 
2015
 
2532
 
San Antonio
 
TX
 
—

 
613

 
5,874

 
990

 
613

 
6,863

 
7,476

 
(931
)
 
2015
 
2607
 
San Antonio
 
TX
 
—

 
730

 
3,961

 
375

 
730

 
4,022

 
4,752

 
(1,391
)
 
2002
 
2533
 
San Marcos
 
TX
 
—

 
765

 
18,175

 
898

 
765

 
19,073

 
19,838

 
(1,380
)
 
2015
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
1954
 
Sugar Land
 
TX
 
—

 
3,420

 
36,846

 
5,097

 
3,420

 
41,242

 
44,662

 
(11,131
)
 
2011
 
2510
 
Temple
 
TX
 
—

 
2,354

 
52,859

 
1,144

 
2,354

 
54,004

 
56,358

 
(3,819
)
 
2015
 
2400
 
Victoria
 
TX
 
—

 
1,032

 
7,743

 
339

 
1,032

 
7,186

 
8,218

 
(906
)
 
2015
 
2605
 
Victoria
 
TX
 
—

 
175

 
4,290

 
3,642

 
175

 
6,477

 
6,652

 
(2,661
)
 
1995
 
1953
 
Webster
 
TX
 
—

 
4,780

 
30,854

 
4,628

 
4,780

 
29,464

 
34,244

 
(8,264
)
 
2011
 
2534
 
Wichita Falls
 
TX
 
—

 
430

 
2,856

 
804

 
430

 
3,745

 
4,175

 
(642
)
 
2015
 
2582
 
Fredericksburg
 
VA
 
—

 
2,370

 
19,725

 
87

 
2,370

 
19,811

 
22,181

 
(689
)
 
2016
 
2581
 
Leesburg
 
VA
 
12,345

 
1,340

 
17,605

 
907

 
1,340

 
18,512

 
19,852

 
(664
)
 
2016
 
2514
 
Richmond
 
VA
 
—

 
2,981

 
54,203

 
1,894

 
2,981

 
56,097

 
59,078

 
(3,675
)
 
2015
 
2737
 
Moses Lake
 
WA
 
—

 
429

 
4,417

 
189

 
429

 
4,606

 
5,035

 
(1,328
)
 
2012
 
2732
 
Spokane
 
WA
 
—

 
903

 
5,363

 
171

 
903

 
5,228

 
6,131

 
(1,073
)
 
2012
 
2734
 
Yakima
 
WA
 
—

 
721

 
8,872

 
1,518

 
721

 
10,390

 
11,111

 
(2,168
)
 
2012
 
2745
 
Madison
 
WI
 
—

 
834

 
10,050

 
445

 
834

 
10,495

 
11,329

 
(1,732
)
 
2012
 
 
 
 
 
 
 
$
78,594

 
$
194,278

 
$
1,866,536

 
$
216,811

 
$
194,551

 
$
2,024,260

 
$
2,218,811

 
$
(359,316
)
 
 
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Life science
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1482
 
Brisbane
 
CA
 
—

 
31,160

 
1,789

 
20,319

 
31,160

 
22,103

 
53,263

 
—

 
2007
 
1486
 
Brisbane
 
CA
 
—

 
11,331

 
—

 
20,529

 
11,331

 
20,529

 
31,860

 
—

 
2007
 
1487
 
Brisbane
 
CA
 
—

 
8,498

 
—

 
6,812

 
8,498

 
6,812

 
15,310

 
—

 
2007
 
1401
 
Hayward
 
CA
 
—

 
900

 
7,100

 
1,045

 
900

 
8,145

 
9,045

 
(2,705
)
 
2007
 
1402
 
Hayward
 
CA
 
—

 
1,500

 
6,400

 
3,682

 
1,719

 
9,863

 
11,582

 
(4,280
)
 
2007
 
1403
 
Hayward
 
CA
 
—

 
1,900

 
7,100

 
4,666

 
1,900

 
11,512

 
13,412

 
(2,709
)
 
2007
 
1404
 
Hayward
 
CA
 
—

 
2,200

 
17,200

 
1,434

 
2,200

 
18,634

 
20,834

 
(4,485
)
 
2007
 
1405
 
Hayward
 
CA
 
—

 
1,000

 
3,200

 
7,478

 
1,000

 
10,678

 
11,678

 
(6,391
)
 
2007
 
1549
 
Hayward
 
CA
 
—

 
1,006

 
4,259

 
3,463

 
1,055

 
6,409

 
7,464

 
(2,493
)
 
2007
 
1550
 
Hayward
 
CA
 
—

 
677

 
2,761

 
5,583

 
710

 
4,954

 
5,664

 
(3,401
)
 
2007
 
1551
 
Hayward
 
CA
 
—

 
661

 
1,995

 
4,264

 
693

 
6,227

 
6,920

 
(4,220
)
 
2007
 
1552
 
Hayward
 
CA
 
—

 
1,187

 
7,139

 
1,346

 
1,222

 
8,094

 
9,316

 
(3,385
)
 
2007
 
1553
 
Hayward
 
CA
 
—

 
1,189

 
9,465

 
7,361

 
1,225

 
16,791

 
18,016

 
(5,675
)
 
2007
 
1554
 
Hayward
 
CA
 
—

 
1,246

 
5,179

 
1,867

 
1,283

 
6,133

 
7,416

 
(2,739
)
 
2007
 
1555
 
Hayward
 
CA
 
—

 
1,521

 
13,546

 
6,401

 
1,566

 
19,889

 
21,455

 
(7,177
)
 
2007
 
1556
 
Hayward
 
CA
 
—

 
1,212

 
5,120

 
3,049

 
1,249

 
5,216

 
6,465

 
(2,098
)
 
2007
 
1424
 
La Jolla
 
CA
 
—

 
9,600

 
25,283

 
8,220

 
9,719

 
31,414

 
41,133

 
(9,072
)
 
2007
 
1425
 
La Jolla
 
CA
 
—

 
6,200

 
19,883

 
152

 
6,276

 
19,958

 
26,234

 
(5,264
)
 
2007
 
1426
 
La Jolla
 
CA
 
—

 
7,200

 
12,412

 
5,493

 
7,291

 
15,961

 
23,252

 
(6,509
)
 
2007
 
1427
 
La Jolla
 
CA
 
—

 
8,700

 
16,983

 
6,177

 
8,767

 
21,859

 
30,626

 
(7,302
)
 
2007
 
1949
 
La Jolla
 
CA
 
—

 
2,686

 
11,045

 
743

 
2,686

 
11,458

 
14,144

 
(2,690
)
 
2011
 
2229
 
La Jolla
 
CA
 
—

 
8,753

 
32,528

 
6,228

 
8,777

 
38,732

 
47,509

 
(3,923
)
 
2014
 
1488
 
Mountain View
 
CA
 
—

 
7,300

 
25,410

 
1,901

 
7,567

 
27,044

 
34,611

 
(7,597
)
 
2007
 
1489
 
Mountain View
 
CA
 
—

 
6,500

 
22,800

 
1,866

 
6,500

 
24,666

 
31,166

 
(7,030
)
 
2007
 
1490
 
Mountain View
 
CA
 
—

 
4,800

 
9,500

 
442

 
4,800

 
9,942

 
14,742

 
(2,746
)
 
2007
 
1491
 
Mountain View
 
CA
 
—

 
4,200

 
8,400

 
1,249

 
4,209

 
8,998

 
13,207

 
(2,458
)
 
2007
 
1492
 
Mountain View
 
CA
 
—

 
3,600

 
9,700

 
862

 
3,600

 
9,835

 
13,435

 
(2,527
)
 
2007
 
1493
 
Mountain View
 
CA
 
—

 
7,500

 
16,300

 
2,142

 
7,500

 
17,842

 
25,342

 
(4,942
)
 
2007
 
1494
 
Mountain View
 
CA
 
—

 
9,800

 
24,000

 
203

 
9,800

 
24,203

 
34,003

 
(6,362
)
 
2007
 
1495
 
Mountain View
 
CA
 
—

 
6,900

 
17,800

 
3,245

 
6,900

 
21,045

 
27,945

 
(6,313
)
 
2007
 
1496
 
Mountain View
 
CA
 
—

 
7,000

 
17,000

 
6,364

 
7,000

 
17,332

 
24,332

 
(4,595
)
 
2007
 
1497
 
Mountain View
 
CA
 
—

 
14,100

 
31,002

 
10,111

 
14,100

 
31,487

 
45,587

 
(8,280
)
 
2007
 
1498
 
Mountain View
 
CA
 
—

 
7,100

 
25,800

 
8,101

 
7,100

 
33,901

 
41,001

 
(14,611
)
 
2007
 
2017
 
Mountain View
 
CA
 
—

 
—

 
20,240

 
1,117

 
—

 
21,255

 
21,255

 
(4,000
)
 
2013
 
1470
 
Poway
 
CA
 
—

 
5,826

 
12,200

 
6,048

 
5,826

 
12,542

 
18,368

 
(3,199
)
 
2007
 
1471
 
Poway
 
CA
 
—

 
5,978

 
14,200

 
4,253

 
5,978

 
18,453

 
24,431

 
(7,951
)
 
2007
 
1472
 
Poway
 
CA
 
—

 
8,654

 
—

 
11,906

 
8,654

 
11,906

 
20,560

 
(1,286
)
 
2007
 
1473
 
Poway
 
CA
 
—

 
11,024

 
2,405

 
9,148

 
11,024

 
11,553

 
22,577

 
—

 
2007
 
1474
 
Poway
 
CA
 
—

 
5,051

 
—

 
5,522

 
5,051

 
5,522

 
10,573

 
—

 
2007
 
1475
 
Poway
 
CA
 
—

 
5,655

 
—

 
5,697

 
5,655

 
5,697

 
11,352

 
—

 
2007
 
1477
 
Poway
 
CA
 
—

 
25,359

 
2,475

 
14,835

 
25,359

 
17,310

 
42,669

 
—

 
2007
 
1478
 
Poway
 
CA
 
—

 
6,700

 
14,400

 
6,145

 
6,700

 
14,400

 
21,100

 
(3,750
)
 
2007
 
1499
 
Redwood City
 
CA
 
—

 
3,400

 
5,500

 
2,564

 
3,407

 
7,177

 
10,584

 
(2,476
)
 
2007
 
1500
 
Redwood City
 
CA
 
—

 
2,500

 
4,100

 
1,220

 
2,506

 
4,563

 
7,069

 
(1,508
)
 
2007
 
1501
 
Redwood City
 
CA
 
—

 
3,600

 
4,600

 
860

 
3,607

 
5,024

 
8,631

 
(1,722
)
 
2007
 
1502
 
Redwood City
 
CA
 
—

 
3,100

 
5,100

 
954

 
3,107

 
5,801

 
8,908

 
(1,937
)
 
2007
 
1503
 
Redwood City
 
CA
 
—

 
4,800

 
17,300

 
3,300

 
4,818

 
20,582

 
25,400

 
(6,253
)
 
2007
 
1504
 
Redwood City
 
CA
 
—

 
5,400

 
15,500

 
949

 
5,418

 
16,431

 
21,849

 
(4,246
)
 
2007
 
1505
 
Redwood City
 
CA
 
—

 
3,000

 
3,500

 
826

 
3,006

 
4,115

 
7,121

 
(1,646
)
 
2007
 
1506
 
Redwood City
 
CA
 
—

 
6,000

 
14,300

 
7,503

 
6,018

 
21,178

 
27,196

 
(4,637
)
 
2007
 
1507
 
Redwood City
 
CA
 
—

 
1,900

 
12,800

 
13,559

 
1,912

 
26,347

 
28,259

 
(7,202
)
 
2007
 
1508
 
Redwood City
 
CA
 
—

 
2,700

 
11,300

 
12,120

 
2,712

 
23,409

 
26,121

 
(5,871
)
 
2007
 
1509
 
Redwood City
 
CA
 
—

 
2,700

 
10,900

 
10,476

 
2,712

 
20,840

 
23,552

 
(7,349
)
 
2007
 
1510
 
Redwood City
 
CA
 
—

 
2,200

 
12,000

 
5,395

 
2,212

 
13,501

 
15,713

 
(3,543
)
 
2007
 
1511
 
Redwood City
 
CA
 
—

 
2,600

 
9,300

 
1,828

 
2,612

 
10,561

 
13,173

 
(2,708
)
 
2007
 
1512
 
Redwood City
 
CA
 
—

 
3,300

 
18,000

 
12,361

 
3,300

 
30,361

 
33,661

 
(8,155
)
 
2007
 
1513
 
Redwood City
 
CA
 
—

 
3,300

 
17,900

 
14,839

 
3,326

 
32,713

 
36,039

 
(9,544
)
 
2007
 
0678
 
San Diego
 
CA
 
—

 
2,603

 
11,051

 
3,143

 
2,603

 
14,194

 
16,797

 
(4,623
)
 
2002
 
0679
 
San Diego
 
CA
 
—

 
5,269

 
23,566

 
16,072

 
5,669

 
35,937

 
41,606

 
(12,274
)
 
2002
 
0837
 
San Diego
 
CA
 
—

 
4,630

 
2,028

 
8,982

 
4,630

 
11,010

 
15,640

 
(6,567
)
 
2006
 
0838
 
San Diego
 
CA
 
—

 
2,040

 
903

 
5,111

 
2,040

 
6,014

 
8,054

 
(2,208
)
 
2006
 
0839
 
San Diego
 
CA
 
—

 
3,940

 
3,184

 
5,733

 
4,047

 
5,591

 
9,638

 
(1,769
)
 
2006
 
0840
 
San Diego
 
CA
 
—

 
5,690

 
4,579

 
720

 
5,830

 
4,734

 
10,564

 
(1,566
)
 
2006
 
1418
 
San Diego
 
CA
 
—

 
11,700

 
31,243

 
6,403

 
11,700

 
37,646

 
49,346

 
(12,927
)
 
2007
 
1420
 
San Diego
 
CA
 
—

 
6,524

 
—

 
4,986

 
6,524

 
4,986

 
11,510

 
—

 
2007
 
1421
 
San Diego
 
CA
 
—

 
7,000

 
33,779

 
1,209

 
7,000

 
34,988

 
41,988

 
(9,021
)
 
2007
 
1422
 
San Diego
 
CA
 
—

 
7,179

 
3,687

 
4,521

 
7,184

 
8,202

 
15,386

 
(2,287
)
 
2007
 
1423
 
San Diego
 
CA
 
—

 
8,400

 
33,144

 
18

 
8,400

 
33,162

 
41,562

 
(8,637
)
 
2007
 
1514
 
San Diego
 
CA
 
—

 
5,200

 
—

 
—

 
5,200

 
—

 
5,200

 
—

 
2007
 
1558
 
San Diego
 
CA
 
—

 
7,740

 
22,654

 
2,371

 
7,888

 
23,645

 
31,533

 
(6,279
)
 
2007
 
1947
 
San Diego
 
CA
 
—

 
2,581

 
10,534

 
3,952

 
2,581

 
14,486

 
17,067

 
(3,154
)
 
2011
 
1948
 
San Diego
 
CA
 
—

 
5,879

 
25,305

 
2,559

 
5,879

 
27,861

 
33,740

 
(7,790
)
 
2011
 
2197
 
San Diego
 
CA
 
—

 
7,621

 
3,913

 
6,549

 
7,626

 
9,167

 
16,793

 
(2,459
)
 
2007
 
2476
 
San Diego
 
CA
 
—

 
7,661

 
9,918

 
3,359

 
7,661

 
13,277

 
20,938

 
(189
)
 
2016
 
2477
 
San Diego
 
CA
 
—

 
9,207

 
14,613

 
6,484

 
9,207

 
21,097

 
30,304

 
(649
)
 
2016
 
2478
 
San Diego
 
CA
 
—

 
6,000

 
—

 
—

 
6,000

 
—

 
6,000

 
—

 
2016
 
2617
 
San Diego
 
CA
 
—

 
2,734

 
5,195

 
777

 
2,734

 
5,971

 
8,705

 
—

 
2017
 
2618
 
San Diego
 
CA
 
—

 
4,100

 
12,395

 
—

 
4,100

 
12,395

 
16,495

 
(317
)
 
2017
 
2622
 
San Diego
 
CA
 
—

 
—

 
—

 
1,070

 
—

 
1,070

 
1,070

 
—

 
2004
 
1407
 
South San Francisco
 
CA
 
—

 
7,182

 
12,140

 
9,612

 
7,182

 
17,860

 
25,042

 
(8,032
)
 
2007
 
1408
 
South San Francisco
 
CA
 
—

 
9,000

 
17,800

 
1,260

 
9,000

 
19,060

 
28,060

 
(5,588
)
 
2007
 
1409
 
South San Francisco
 
CA
 
—

 
18,000

 
38,043

 
4,692

 
18,000

 
42,735

 
60,735

 
(10,828
)
 
2007
 
1410
 
South San Francisco
 
CA
 
—

 
4,900

 
18,100

 
157

 
4,900

 
18,257

 
23,157

 
(4,793
)
 
2007
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
1411
 
South San Francisco
 
CA
 
—

 
8,000

 
27,700

 
313

 
8,000

 
28,013

 
36,013

 
(7,288
)
 
2007
 
1412
 
South San Francisco
 
CA
 
—

 
10,100

 
22,521

 
2,156

 
10,100

 
24,437

 
34,537

 
(6,066
)
 
2007
 
1413
 
South San Francisco
 
CA
 
—

 
8,000

 
28,299

 
3,743

 
8,000

 
32,042

 
40,042

 
(7,468
)
 
2007
 
1414
 
South San Francisco
 
CA
 
—

 
3,700

 
20,800

 
2,248

 
3,700

 
22,845

 
26,545

 
(5,965
)
 
2007
 
1430
 
South San Francisco
 
CA
 
—

 
10,700

 
23,621

 
3,519

 
10,700

 
27,140

 
37,840

 
(7,606
)
 
2007
 
1431
 
South San Francisco
 
CA
 
—

 
7,000

 
15,500

 
876

 
7,000

 
16,375

 
23,375

 
(4,109
)
 
2007
 
1435
 
South San Francisco
 
CA
 
—

 
13,800

 
42,500

 
37,029

 
13,800

 
79,529

 
93,329

 
(19,435
)
 
2008
 
1436
 
South San Francisco
 
CA
 
—

 
14,500

 
45,300

 
36,865

 
14,500

 
82,165

 
96,665

 
(19,964
)
 
2008
 
1437
 
South San Francisco
 
CA
 
—

 
9,400

 
24,800

 
46,308

 
9,400

 
69,539

 
78,939

 
(14,428
)
 
2008
 
1439
 
South San Francisco
 
CA
 
—

 
11,900

 
68,848

 
48

 
11,900

 
68,896

 
80,796

 
(17,948
)
 
2007
 
1440
 
South San Francisco
 
CA
 
—

 
10,000

 
57,954

 
10

 
10,000

 
57,964

 
67,964

 
(15,094
)
 
2007
 
1441
 
South San Francisco
 
CA
 
—

 
9,300

 
43,549

 
8

 
9,300

 
43,557

 
52,857

 
(11,342
)
 
2007
 
1442
 
South San Francisco
 
CA
 
—

 
11,000

 
47,289

 
91

 
11,000

 
47,380

 
58,380

 
(12,371
)
 
2007
 
1443
 
South San Francisco
 
CA
 
—

 
13,200

 
60,932

 
2,645

 
13,200

 
63,576

 
76,776

 
(15,600
)
 
2007
 
1444
 
South San Francisco
 
CA
 
—

 
10,500

 
33,776

 
360

 
10,500

 
34,135

 
44,635

 
(8,995
)
 
2007
 
1445
 
South San Francisco
 
CA
 
—

 
10,600

 
34,083

 
9

 
10,600

 
34,092

 
44,692

 
(8,877
)
 
2007
 
1458
 
South San Francisco
 
CA
 
—

 
10,900

 
20,900

 
8,294

 
10,909

 
23,962

 
34,871

 
(7,082
)
 
2007
 
1459
 
South San Francisco
 
CA
 
—

 
3,600

 
100

 
223

 
3,600

 
323

 
3,923

 
(94
)
 
2007
 
1460
 
South San Francisco
 
CA
 
—

 
2,300

 
100

 
118

 
2,300

 
218

 
2,518

 
(100
)
 
2007
 
1461
 
South San Francisco
 
CA
 
—

 
3,900

 
200

 
221

 
3,900

 
421

 
4,321

 
(200
)
 
2007
 
1462
 
South San Francisco
 
CA
 
—

 
7,117

 
600

 
4,927

 
7,117

 
5,179

 
12,296

 
(2,140
)
 
2007
 
1463
 
South San Francisco
 
CA
 
—

 
10,381

 
2,300

 
20,527

 
10,381

 
22,827

 
33,208

 
(5,749
)
 
2007
 
1464
 
South San Francisco
 
CA
 
—

 
7,403

 
700

 
11,638

 
7,403

 
7,987

 
15,390

 
(1,479
)
 
2007
 
1468
 
South San Francisco
 
CA
 
—

 
10,100

 
24,013

 
4,774

 
10,100

 
26,642

 
36,742

 
(7,801
)
 
2007
 
1480
 
South San Francisco
 
CA
 
—

 
32,210

 
3,110

 
11,217

 
32,210

 
14,327

 
46,537

 
—

 
2007
 
1559
 
South San Francisco
 
CA
 
—

 
5,666

 
5,773

 
12,966

 
5,695

 
18,641

 
24,336

 
(10,250
)
 
2007
 
1560
 
South San Francisco
 
CA
 
—

 
1,204

 
1,293

 
517

 
1,210

 
1,789

 
2,999

 
(1,456
)
 
2007
 
1983
 
South San Francisco
 
CA
 
—

 
8,648

 
—

 
95,860

 
8,648

 
95,860

 
104,508

 
(6,072
)
 
2016
 
1984
 
South San Francisco
 
CA
 
—

 
7,845

 
—

 
84,569

 
7,844

 
84,569

 
92,413

 
(1,692
)
 
2017
 
1985
 
South San Francisco
 
CA
 
—

 
6,708

 
—

 
98,300

 
6,708

 
98,301

 
105,009

 
(1,212
)
 
2017
 
1986
 
South San Francisco
 
CA
 
—

 
6,708

 
—

 
107,084

 
6,708

 
107,084

 
113,792

 
—

 
2011
 
1987
 
South San Francisco
 
CA
 
—

 
8,544

 
—

 
47,227

 
8,544

 
47,228

 
55,772

 
—

 
2011
 
1988
 
South San Francisco
 
CA
 
—

 
10,120

 
—

 
414

 
10,120

 
414

 
10,534

 
—

 
2011
 
1989
 
South San Francisco
 
CA
 
—

 
9,169

 
—

 
3,649

 
9,169

 
3,649

 
12,818

 
—

 
2011
 
2553
 
South San Francisco
 
CA
 
—

 
2,897

 
8,691

 
1,160

 
2,897

 
9,852

 
12,749

 
(735
)
 
2015
 
2554
 
South San Francisco
 
CA
 
—

 
995

 
2,754

 
50

 
995

 
2,804

 
3,799

 
(166
)
 
2015
 
2555
 
South San Francisco
 
CA
 
—

 
2,202

 
10,776

 
589

 
2,202

 
11,365

 
13,567

 
(675
)
 
2015
 
2556
 
South San Francisco
 
CA
 
—

 
2,962

 
15,108

 
168

 
2,962

 
15,276

 
18,238

 
(908
)
 
2015
 
2557
 
South San Francisco
 
CA
 
—

 
2,453

 
13,063

 
128

 
2,453

 
13,191

 
15,644

 
(783
)
 
2015
 
2558
 
South San Francisco
 
CA
 
—

 
1,163

 
5,925

 
58

 
1,163

 
5,983

 
7,146

 
(356
)
 
2015
 
2614
 
South San Francisco
 
CA
 
—

 
5,079

 
8,584

 
1,330

 
5,079

 
9,914

 
14,993

 
(3,383
)
 
2007
 
2615
 
South San Francisco
 
CA
 
—

 
7,984

 
13,495

 
3,243

 
7,984

 
16,739

 
24,723

 
(5,481
)
 
2007
 
2616
 
South San Francisco
 
CA
 
—

 
8,355

 
14,121

 
1,876

 
8,355

 
15,998

 
24,353

 
(5,598
)
 
2007
 
2624
 
South San Francisco
 
CA
 
—

 
25,502

 
41,293

 
181

 
25,502

 
41,474

 
66,976

 
(382
)
 
2017
 
9999
 
Denton
 
TX
 
—

 
100

 
—

 
—

 
100

 
—

 
100

 
—

 
2016
 
2630
 
Lexington
 
MA
 
—

 
15,966

 
48,444

 
—

 
15,966

 
48,444

 
64,410

 
(187
)
 
2017
 
2631
 
Lexington
 
MA
 
—

 
10,940

 
139,201

 
28

 
10,940

 
139,229

 
150,169

 
(367
)
 
2017
 
2011
 
Durham
 
NC
 
6,118

 
448

 
6,152

 
21,379

 
448

 
27,494

 
27,942

 
(5,000
)
 
2011
 
2030
 
Durham
 
NC
 
—

 
1,920

 
5,661

 
34,120

 
1,920

 
39,781

 
41,701

 
(7,054
)
 
2012
 
0464
 
Salt Lake City
 
UT
 
—

 
630

 
6,921

 
2,562

 
630

 
9,483

 
10,113

 
(3,123
)
 
2001
 
0465
 
Salt Lake City
 
UT
 
—

 
125

 
6,368

 
68

 
125

 
6,436

 
6,561

 
(2,379
)
 
2001
 
0466
 
Salt Lake City
 
UT
 
—

 
—

 
14,614

 
7

 
—

 
14,621

 
14,621

 
(4,872
)
 
2001
 
0507
 
Salt Lake City
 
UT
 
—

 
280

 
4,345

 
226

 
280

 
4,572

 
4,852

 
(1,694
)
 
2002
 
0799
 
Salt Lake City
 
UT
 
—

 
—

 
14,600

 
90

 
—

 
14,690

 
14,690

 
(3,976
)
 
2005
 
1593
 
Salt Lake City
 
UT
 
—

 
—

 
23,998

 
—

 
—

 
23,998

 
23,998

 
(5,393
)
 
2010
 
 
 
 
 
 
 
$
6,118

 
$
880,878

 
$
2,044,568

 
$
1,131,979

 
$
883,075

 
$
3,094,702

 
$
3,977,777

 
$
(635,314
)
 
 
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Medical office
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
0638
 
Anchorage
 
AK
 
—

 
1,456

 
10,650

 
12,309

 
1,456

 
22,907

 
24,363

 
(6,114
)
 
2006
 
2572
 
Springdale
 
AR
 
—

 
—

 
27,714

 
—

 
—

 
27,714

 
27,714

 
(916
)
 
2016
 
0520
 
Chandler
 
AZ
 
—

 
3,669

 
13,503

 
2,538

 
3,669

 
15,751

 
19,420

 
(5,883
)
 
2002
 
2040
 
Mesa
 
AZ
 
—

 
—

 
17,314

 
896

 
—

 
18,181

 
18,181

 
(2,567
)
 
2012
 
0468
 
Oro Valley
 
AZ
 
—

 
1,050

 
6,774

 
925

 
1,050

 
7,124

 
8,174

 
(2,857
)
 
2001
 
0356
 
Phoenix
 
AZ
 
—

 
780

 
3,199

 
2,271

 
780

 
4,550

 
5,330

 
(1,884
)
 
1999
 
0470
 
Phoenix
 
AZ
 
—

 
280

 
877

 
120

 
280

 
961

 
1,241

 
(351
)
 
2001
 
1066
 
Scottsdale
 
AZ
 
—

 
5,115

 
14,064

 
3,553

 
4,839

 
17,035

 
21,874

 
(5,539
)
 
2006
 
2021
 
Scottsdale
 
AZ
 
—

 
—

 
12,312

 
1,818

 
—

 
14,046

 
14,046

 
(3,839
)
 
2012
 
2022
 
Scottsdale
 
AZ
 
—

 
—

 
9,179

 
1,222

 
—

 
10,270

 
10,270

 
(2,942
)
 
2012
 
2023
 
Scottsdale
 
AZ
 
—

 
—

 
6,398

 
1,570

 
—

 
7,848

 
7,848

 
(1,871
)
 
2012
 
2024
 
Scottsdale
 
AZ
 
—

 
—

 
9,522

 
663

 
—

 
10,184

 
10,184

 
(2,438
)
 
2012
 
2025
 
Scottsdale
 
AZ
 
—

 
—

 
4,102

 
1,482

 
—

 
5,492

 
5,492

 
(1,650
)
 
2012
 
2026
 
Scottsdale
 
AZ
 
—

 
—

 
3,655

 
1,211

 
—

 
4,826

 
4,826

 
(1,118
)
 
2012
 
2027
 
Scottsdale
 
AZ
 
—

 
—

 
7,168

 
1,455

 
—

 
8,605

 
8,605

 
(2,140
)
 
2012
 
2028
 
Scottsdale
 
AZ
 
—

 
—

 
6,659

 
1,285

 
—

 
7,944

 
7,944

 
(1,937
)
 
2012
 
0453
 
Tucson
 
AZ
 
—

 
215

 
6,318

 
1,390

 
326

 
7,073

 
7,399

 
(3,414
)
 
2000
 
0556
 
Tucson
 
AZ
 
—

 
215

 
3,940

 
1,285

 
267

 
4,745

 
5,012

 
(1,541
)
 
2003
 
1041
 
Brentwood
 
CA
 
—

 
—

 
30,864

 
3,002

 
187

 
33,138

 
33,325

 
(9,716
)
 
2006
 
1200
 
Encino
 
CA
 
—

 
6,151

 
10,438

 
4,583

 
6,646

 
13,736

 
20,382

 
(5,095
)
 
2006
 
0436
 
Murietta
 
CA
 
—

 
400

 
9,266

 
4,140

 
638

 
11,876

 
12,514

 
(5,682
)
 
1999
 
0239
 
Poway
 
CA
 
—

 
2,700

 
10,839

 
3,710

 
2,887

 
12,438

 
15,325

 
(6,698
)
 
1997
 
2654
 
Riverside
 
CA
 
—

 
2,758

 
9,908

 
—

 
2,758

 
9,908

 
12,666

 
—

 
2017
 
0318
 
Sacramento
 
CA
 
—

 
2,860

 
37,566

 
27,137

 
2,911

 
63,801

 
66,712

 
(10,335
)
 
1998
 
2404
 
Sacramento
 
CA
 
—

 
1,268

 
5,109

 
374

 
1,299

 
5,453

 
6,752

 
(649
)
 
2015
 
0234
 
San Diego
 
CA
 
—

 
2,848

 
5,879

 
1,450

 
3,009

 
5,053

 
8,062

 
(3,231
)
 
1997
 
0235
 
San Diego
 
CA
 
—

 
2,863

 
8,913

 
2,913

 
3,068

 
8,297

 
11,365

 
(5,276
)
 
1997
 
0236
 
San Diego
 
CA
 
—

 
4,619

 
19,370

 
4,023

 
4,711

 
16,760

 
21,471

 
(10,173
)
 
1997
 
0421
 
San Diego
 
CA
 
—

 
2,910

 
19,984

 
16,343

 
2,964

 
34,954

 
37,918

 
(8,524
)
 
1999
 
0564
 
San Jose
 
CA
 
—

 
1,935

 
1,728

 
2,616

 
1,935

 
3,302

 
5,237

 
(1,348
)
 
2003
 
0565
 
San Jose
 
CA
 
—

 
1,460

 
7,672

 
527

 
1,460

 
7,721

 
9,181

 
(3,004
)
 
2003
 
0659
 
Los Gatos
 
CA
 
—

 
1,718

 
3,124

 
622

 
1,758

 
3,592

 
5,350

 
(1,336
)
 
2000
 
1209
 
Sherman Oaks
 
CA
 
—

 
7,472

 
10,075

 
5,915

 
7,943

 
14,851

 
22,794

 
(7,274
)
 
2006
 
0439
 
Valencia
 
CA
 
—

 
2,300

 
6,967

 
3,761

 
2,404

 
8,727

 
11,131

 
(3,716
)
 
1999
 
1211
 
Valencia
 
CA
 
—

 
1,344

 
7,507

 
733

 
1,383

 
7,969

 
9,352

 
(2,377
)
 
2006
 
0440
 
West Hills
 
CA
 
—

 
2,100

 
11,595

 
4,182

 
2,259

 
12,225

 
14,484

 
(5,826
)
 
1999
 
0728
 
Aurora
 
CO
 
—

 
—

 
8,764

 
2,807

 
—

 
8,997

 
8,997

 
(3,157
)
 
2005
 
1196
 
Aurora
 
CO
 
—

 
210

 
12,362

 
6,074

 
210

 
17,720

 
17,930

 
(4,037
)
 
2006
 
1197
 
Aurora
 
CO
 
—

 
200

 
8,414

 
5,398

 
200

 
13,482

 
13,682

 
(3,541
)
 
2006
 
0882
 
Colorado Springs
 
CO
 
—

 
—

 
12,933

 
10,716

 
—

 
22,506

 
22,506

 
(7,988
)
 
2006
 
1199
 
Denver
 
CO
 
—

 
493

 
7,897

 
1,865

 
622

 
9,401

 
10,023

 
(3,494
)
 
2006
 
0808
 
Englewood
 
CO
 
—

 
—

 
8,616

 
9,322

 
11

 
16,830

 
16,841

 
(6,146
)
 
2005
 
0809
 
Englewood
 
CO
 
—

 
—

 
8,449

 
3,767

 
—

 
10,997

 
10,997

 
(4,304
)
 
2005
 
0810
 
Englewood
 
CO
 
—

 
—

 
8,040

 
7,711

 
—

 
14,746

 
14,746

 
(5,510
)
 
2005
 
0811
 
Englewood
 
CO
 
—

 
—

 
8,472

 
4,743

 
—

 
11,614

 
11,614

 
(3,760
)
 
2005
 
2658
 
Highlands Ranch
 
CO
 
—

 
1,637

 
10,063

 
—

 
1,637

 
10,063

 
11,700

 
—

 
2017
 
0812
 
Littleton
 
CO
 
—

 
—

 
4,562

 
2,405

 
257

 
5,803

 
6,060

 
(2,317
)
 
2005
 
0813
 
Littleton
 
CO
 
—

 
—

 
4,926

 
1,910

 
106

 
6,089

 
6,195

 
(2,126
)
 
2005
 
0570
 
Lone Tree
 
CO
 
—

 
—

 
—

 
20,096

 
—

 
19,400

 
19,400

 
(6,614
)
 
2003
 
0666
 
Lone Tree
 
CO
 
—

 
—

 
23,274

 
2,663

 
—

 
25,414

 
25,414

 
(8,551
)
 
2000
 
2233
 
Lone Tree
 
CO
 
—

 
—

 
6,734

 
27,690

 
—

 
34,424

 
34,424

 
(1,641
)
 
2014
 
1076
 
Parker
 
CO
 
—

 
—

 
13,388

 
1,048

 
8

 
14,215

 
14,223

 
(4,262
)
 
2006
 
0510
 
Thornton
 
CO
 
—

 
236

 
10,206

 
3,648

 
454

 
13,289

 
13,743

 
(5,213
)
 
2002
 
0434
 
Atlantis
 
FL
 
—

 
—

 
2,027

 
352

 
5

 
2,219

 
2,224

 
(1,141
)
 
1999
 
0435
 
Atlantis
 
FL
 
—

 
—

 
2,000

 
931

 
—

 
2,566

 
2,566

 
(1,346
)
 
1999
 
0602
 
Atlantis
 
FL
 
—

 
455

 
2,231

 
991

 
455

 
2,958

 
3,413

 
(984
)
 
2000
 
0604
 
Englewood
 
FL
 
—

 
170

 
1,134

 
486

 
198

 
1,398

 
1,596

 
(522
)
 
2000
 
0609
 
Kissimmee
 
FL
 
—

 
788

 
174

 
649

 
788

 
721

 
1,509

 
(217
)
 
2000
 
0610
 
Kissimmee
 
FL
 
—

 
481

 
347

 
793

 
494

 
975

 
1,469

 
(452
)
 
2000
 
0671
 
Kissimmee
 
FL
 
—

 
—

 
7,574

 
2,521

 
—

 
8,525

 
8,525

 
(2,817
)
 
2000
 
0603
 
Lake Worth
 
FL
 
—

 
1,507

 
2,894

 
1,807

 
1,507

 
4,569

 
6,076

 
(1,962
)
 
2000
 
0612
 
Margate
 
FL
 
—

 
1,553

 
6,898

 
1,499

 
1,553

 
8,204

 
9,757

 
(2,827
)
 
2000
 
0613
 
Miami
 
FL
 
—

 
4,392

 
11,841

 
4,300

 
4,392

 
14,622

 
19,014

 
(5,453
)
 
2000
 
2202
 
Miami
 
FL
 
—

 
—

 
13,123

 
4,193

 
—

 
17,207

 
17,207

 
(2,767
)
 
2014
 
2203
 
Miami
 
FL
 
—

 
—

 
8,877

 
2,793

 
—

 
11,671

 
11,671

 
(1,607
)
 
2014
 
1067
 
Milton
 
FL
 
—

 
—

 
8,566

 
269

 
—

 
8,816

 
8,816

 
(2,544
)
 
2006
 
2577
 
Naples
 
FL
 
—

 
—

 
29,186

 
—

 
—

 
29,186

 
29,186

 
(903
)
 
2016
 
2578
 
Naples
 
FL
 
—

 
—

 
18,819

 
—

 
—

 
18,819

 
18,819

 
(494
)
 
2016
 
0563
 
Orlando
 
FL
 
—

 
2,144

 
5,136

 
6,662

 
2,343

 
10,110

 
12,453

 
(3,982
)
 
2003
 
0833
 
Pace
 
FL
 
—

 
—

 
10,309

 
3,217

 
26

 
11,206

 
11,232

 
(2,918
)
 
2006
 
0834
 
Pensacola
 
FL
 
—

 
—

 
11,166

 
478

 
—

 
11,644

 
11,644

 
(3,316
)
 
2006
 
0614
 
Plantation
 
FL
 
—

 
969

 
3,241

 
1,595

 
1,017

 
4,151

 
5,168

 
(1,475
)
 
2000
 
0673
 
Plantation
 
FL
 
—

 
1,091

 
7,176

 
1,979

 
1,091

 
8,714

 
9,805

 
(2,579
)
 
2002
 
2579
 
Punta Gorda
 
FL
 
—

 
—

 
9,379

 
—

 
—

 
9,379

 
9,379

 
(280
)
 
2016
 
0701
 
St. Petersburg
 
FL
 
—

 
—

 
13,754

 
8,866

 
—

 
21,181

 
21,181

 
(5,713
)
 
2006
 
1210
 
Tampa
 
FL
 
—

 
1,967

 
6,602

 
6,482

 
2,194

 
10,646

 
12,840

 
(4,722
)
 
2006
 
1058
 
Blue Ridge
 
GA
 
—

 
—

 
3,231

 
228

 
—

 
3,459

 
3,459

 
(934
)
 
2006
 
2576
 
Statesboro
 
GA
 
—

 
—

 
10,234

 
—

 
—

 
10,234

 
10,234

 
(412
)
 
2016
 
1065
 
Marion
 
IL
 
—

 
99

 
11,484

 
775

 
100

 
12,090

 
12,190

 
(3,723
)
 
2006
 
1057
 
Newburgh
 
IN
 
—

 
—

 
14,019

 
4,265

 
—

 
18,278

 
18,278

 
(5,266
)
 
2006
 
2039
 
Kansas City
 
KS
 
—

 
440

 
2,173

 
17

 
448

 
2,181

 
2,629

 
(369
)
 
2012
 
2043
 
Overland Park
 
KS
 
—

 
—

 
7,668

 
366

 
—

 
8,034

 
8,034

 
(1,283
)
 
2012
 
0483
 
Wichita
 
KS
 
—

 
530

 
3,341

 
716

 
530

 
3,620

 
4,150

 
(1,214
)
 
2001
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
1064
 
Lexington
 
KY
 
—

 
—

 
12,726

 
1,323

 
—

 
13,835

 
13,835

 
(4,443
)
 
2006
 
0735
 
Louisville
 
KY
 
—

 
936

 
8,426

 
5,714

 
936

 
11,622

 
12,558

 
(9,574
)
 
2005
 
0737
 
Louisville
 
KY
 
—

 
835

 
27,627

 
6,376

 
878

 
32,459

 
33,337

 
(11,571
)
 
2005
 
0738
 
Louisville
 
KY
 
—

 
780

 
8,582

 
5,857

 
851

 
12,321

 
13,172

 
(7,304
)
 
2005
 
0739
 
Louisville
 
KY
 
—

 
826

 
13,814

 
1,842

 
832

 
14,195

 
15,027

 
(4,774
)
 
2005
 
0740
 
Louisville
 
KY
 
—

 
2,983

 
13,171

 
4,853

 
2,991

 
16,849

 
19,840

 
(7,188
)
 
2005
 
1944
 
Louisville
 
KY
 
—

 
788

 
2,414

 
—

 
788

 
2,414

 
3,202

 
(676
)
 
2010
 
1945
 
Louisville
 
KY
 
—

 
3,255

 
28,644

 
971

 
3,291

 
29,278

 
32,569

 
(7,073
)
 
2010
 
1946
 
Louisville
 
KY
 
—

 
430

 
6,125

 
152

 
430

 
6,277

 
6,707

 
(1,461
)
 
2010
 
2237
 
Louisville
 
KY
 
—

 
1,519

 
15,386

 
2,941

 
1,542

 
18,304

 
19,846

 
(2,233
)
 
2014
 
2238
 
Louisville
 
KY
 
—

 
1,334

 
12,172

 
1,660

 
1,511

 
13,654

 
15,165

 
(1,896
)
 
2014
 
2239
 
Louisville
 
KY
 
—

 
1,644

 
10,832

 
4,947

 
1,718

 
15,704

 
17,422

 
(1,762
)
 
2014
 
1324
 
Haverhill
 
MA
 
—

 
800

 
8,537

 
2,191

 
869

 
9,373

 
10,242

 
(2,817
)
 
2007
 
1213
 
Ellicott City
 
MD
 
—

 
1,115

 
3,206

 
2,692

 
1,222

 
4,979

 
6,201

 
(2,094
)
 
2006
 
0361
 
GlenBurnie
 
MD
 
—

 
670

 
5,085

 
—

 
670

 
5,085

 
5,755

 
(2,712
)
 
1999
 
1052
 
Towson
 
MD
 
—

 
—

 
14,233

 
3,611

 
—

 
15,132

 
15,132

 
(6,086
)
 
2006
 
2650
 
Biddeford
 
ME
 
—

 
1,949

 
12,244

 
—

 
1,949

 
12,244

 
14,193

 
—

 
2017
 
0240
 
Minneapolis
 
MN
 
—

 
117

 
13,213

 
3,095

 
117

 
15,773

 
15,890

 
(8,465
)
 
1997
 
0300
 
Minneapolis
 
MN
 
—

 
160

 
10,131

 
4,653

 
160

 
13,649

 
13,809

 
(6,940
)
 
1997
 
2032
 
Independence
 
MO
 
—

 
—

 
48,025

 
1,220

 
—

 
49,245

 
49,245

 
(6,371
)
 
2012
 
1078
 
Flowood
 
MS
 
—

 
—

 
8,413

 
762

 
—

 
9,148

 
9,148

 
(3,005
)
 
2006
 
1059
 
Jackson
 
MS
 
—

 
—

 
8,868

 
122

 
—

 
8,990

 
8,990

 
(2,534
)
 
2006
 
1060
 
Jackson
 
MS
 
—

 
—

 
7,187

 
2,189

 
—

 
9,376

 
9,376

 
(3,271
)
 
2006
 
1068
 
Omaha
 
NE
 
—

 
—

 
16,243

 
1,309

 
17

 
17,465

 
17,482

 
(5,270
)
 
2006
 
2651
 
Charlotte
 
NC
 
—

 
2,001

 
11,217

 
—

 
2,001

 
11,217

 
13,218

 
—

 
2017
 
2655
 
Wilmington
 
NC
 
—

 
1,341

 
17,376

 
—

 
1,341

 
17,376

 
18,717

 
—

 
2017
 
2656
 
Wilmington
 
NC
 
—

 
2,071

 
11,592

 
—

 
2,071

 
11,592

 
13,663

 
—

 
2017
 
2657
 
Shallotte
 
NC
 
—

 
918

 
3,609

 
—

 
918

 
3,609

 
4,527

 
—

 
2017
 
2647
 
Concord
 
NH
 
—

 
1,961

 
23,018

 
—

 
1,961

 
23,018

 
24,979

 
—

 
2017
 
2648
 
Concord
 
NH
 
—

 
815

 
8,749

 
—

 
815

 
8,749

 
9,564

 
—

 
2017
 
2649
 
Epsom
 
NH
 
—

 
919

 
5,758

 
—

 
919

 
5,758

 
6,677

 
—

 
2017
 
0729
 
Albuquerque
 
NM
 
—

 
—

 
5,380

 
700

 
—

 
5,758

 
5,758

 
(1,750
)
 
2005
 
0348
 
Elko
 
NV
 
—

 
55

 
2,637

 
12

 
55

 
2,649

 
2,704

 
(1,432
)
 
1999
 
0571
 
Las Vegas
 
NV
 
—

 
—

 
—

 
19,276

 
—

 
17,895

 
17,895

 
(6,235
)
 
2003
 
0660
 
Las Vegas
 
NV
 
—

 
1,121

 
4,363

 
5,809

 
1,328

 
7,991

 
9,319

 
(3,289
)
 
2000
 
0661
 
Las Vegas
 
NV
 
—

 
2,305

 
4,829

 
5,304

 
2,447

 
8,897

 
11,344

 
(3,992
)
 
2000
 
0662
 
Las Vegas
 
NV
 
—

 
3,480

 
12,305

 
5,502

 
3,480

 
15,360

 
18,840

 
(5,449
)
 
2000
 
0663
 
Las Vegas
 
NV
 
—

 
1,717

 
3,597

 
10,833

 
1,724

 
12,732

 
14,456

 
(2,176
)
 
2000
 
0664
 
Las Vegas
 
NV
 
—

 
1,172

 
—

 
631

 
1,803

 
—

 
1,803

 
(53
)
 
2000
 
0691
 
Las Vegas
 
NV
 
—

 
3,244

 
18,339

 
7,583

 
3,273

 
24,434

 
27,707

 
(9,610
)
 
2004
 
2037
 
Mesquite
 
NV
 
—

 
—

 
5,559

 
470

 
34

 
5,983

 
6,017

 
(875
)
 
2012
 
1285
 
Cleveland
 
OH
 
—

 
823

 
2,726

 
925

 
853

 
2,713

 
3,566

 
(1,105
)
 
2006
 
0400
 
Harrison
 
OH
 
—

 
—

 
4,561

 
300

 
—

 
4,861

 
4,861

 
(2,577
)
 
1999
 
1054
 
Durant
 
OK
 
—

 
619

 
9,256

 
1,925

 
659

 
11,120

 
11,779

 
(3,115
)
 
2006
 
0817
 
Owasso
 
OK
 
—

 
—

 
6,582

 
1,521

 
—

 
5,592

 
5,592

 
(1,450
)
 
2005
 
0404
 
Roseburg
 
OR
 
—

 
—

 
5,707

 
700

 
—

 
6,407

 
6,407

 
(3,180
)
 
1999
 
2570
 
Limerick
 
PA
 
—

 
925

 
20,072

 
51

 
925

 
20,123

 
21,048

 
(779
)
 
2016
 
2234
 
Philadelphia
 
PA
 
—

 
24,264

 
99,904

 
20,524

 
24,288

 
120,324

 
144,612

 
(9,466
)
 
2014
 
2403
 
Philadelphia
 
PA
 
—

 
26,063

 
97,646

 
10,578

 
26,110

 
108,177

 
134,287

 
(11,345
)
 
2015
 
2571
 
Wilkes-Barre
 
PA
 
—

 
—

 
9,138

 
—

 
—

 
9,138

 
9,138

 
(364
)
 
2016
 
2573
 
Florence
 
SC
 
—

 
—

 
12,090

 
91

 
—

 
12,181

 
12,181

 
(380
)
 
2016
 
2574
 
Florence
 
SC
 
—

 
—

 
12,190

 
88

 
—

 
12,278

 
12,278

 
(383
)
 
2016
 
2575
 
Florence
 
SC
 
—

 
—

 
11,243

 
56

 
—

 
11,299

 
11,299

 
(435
)
 
2016
 
0252
 
Clarksville
 
TN
 
—

 
203

 
841

 
60

 
210

 
893

 
1,103

 
(495
)
 
1998
 
2634
 
Clarksville
 
TN
 
—

 
259

 
1,555

 
—

 
259

 
1,555

 
1,814

 
(877
)
 
2017
 
0624
 
Hendersonville
 
TN
 
—

 
256

 
1,530

 
1,827

 
256

 
2,864

 
3,120

 
(1,093
)
 
2000
 
0559
 
Hermitage
 
TN
 
—

 
830

 
5,036

 
6,314

 
851

 
10,014

 
10,865

 
(4,011
)
 
2003
 
0561
 
Hermitage
 
TN
 
—

 
596

 
9,698

 
5,893

 
596

 
14,332

 
14,928

 
(5,958
)
 
2003
 
0562
 
Hermitage
 
TN
 
—

 
317

 
6,528

 
2,925

 
317

 
8,579

 
8,896

 
(3,891
)
 
2003
 
0154
 
Knoxville
 
TN
 
—

 
700

 
4,559

 
4,984

 
700

 
9,087

 
9,787

 
(4,349
)
 
1994
 
0625
 
Nashville
 
TN
 
—

 
955

 
14,289

 
3,901

 
955

 
16,560

 
17,515

 
(5,510
)
 
2000
 
0626
 
Nashville
 
TN
 
—

 
2,050

 
5,211

 
4,334

 
2,055

 
8,695

 
10,750

 
(3,334
)
 
2000
 
0627
 
Nashville
 
TN
 
—

 
1,007

 
181

 
724

 
1,060

 
791

 
1,851

 
(427
)
 
2000
 
0628
 
Nashville
 
TN
 
—

 
2,980

 
7,164

 
2,756

 
2,980

 
9,506

 
12,486

 
(4,166
)
 
2000
 
0630
 
Nashville
 
TN
 
—

 
515

 
848

 
400

 
528

 
1,048

 
1,576

 
(334
)
 
2000
 
0631
 
Nashville
 
TN
 
—

 
266

 
1,305

 
1,552

 
266

 
2,441

 
2,707

 
(922
)
 
2000
 
0632
 
Nashville
 
TN
 
—

 
827

 
7,642

 
4,072

 
827

 
10,270

 
11,097

 
(3,912
)
 
2000
 
0633
 
Nashville
 
TN
 
—

 
5,425

 
12,577

 
6,113

 
5,425

 
18,199

 
23,624

 
(7,312
)
 
2000
 
0634
 
Nashville
 
TN
 
—

 
3,818

 
15,185

 
9,661

 
3,818

 
23,722

 
27,540

 
(9,437
)
 
2000
 
0636
 
Nashville
 
TN
 
—

 
583

 
450

 
309

 
583

 
759

 
1,342

 
(296
)
 
2000
 
2611
 
Allen
 
TX
 
—

 
1,330

 
5,960

 
76

 
1,330

 
6,036

 
7,366

 
(231
)
 
2016
 
2612
 
Allen
 
TX
 
—

 
1,310

 
4,165

 
84

 
1,310

 
4,249

 
5,559

 
(173
)
 
2016
 
0573
 
Arlington
 
TX
 
—

 
769

 
12,355

 
4,310

 
769

 
15,677

 
16,446

 
(5,592
)
 
2003
 
2621
 
Cedar Park
 
TX
 
—

 
1,617

 
11,640

 
—

 
1,617

 
11,640

 
13,257

 
(142
)
 
2017
 
0576
 
Conroe
 
TX
 
—

 
324

 
4,842

 
2,528

 
324

 
6,139

 
6,463

 
(2,117
)
 
2000
 
0577
 
Conroe
 
TX
 
—

 
397

 
7,966

 
2,461

 
397

 
9,924

 
10,321

 
(3,702
)
 
2000
 
0578
 
Conroe
 
TX
 
—

 
388

 
7,975

 
4,103

 
388

 
10,549

 
10,937

 
(3,375
)
 
2006
 
0579
 
Conroe
 
TX
 
—

 
188

 
3,618

 
1,337

 
188

 
4,807

 
4,995

 
(1,721
)
 
2000
 
0581
 
Corpus Christi
 
TX
 
—

 
717

 
8,181

 
5,663

 
717

 
11,673

 
12,390

 
(4,090
)
 
2000
 
0600
 
Corpus Christi
 
TX
 
—

 
328

 
3,210

 
3,945

 
328

 
6,632

 
6,960

 
(3,044
)
 
2000
 
0601
 
Corpus Christi
 
TX
 
—

 
313

 
1,771

 
1,923

 
325

 
3,193

 
3,518

 
(1,173
)
 
2000
 
2244
 
Cypress
 
TX
 
—

 
—

 
7,705

 
25,335

 
—

 
33,039

 
33,039

 
(2,054
)
 
2015
 
0582
 
Dallas
 
TX
 
—

 
1,664

 
6,785

 
4,053

 
1,746

 
9,839

 
11,585

 
(3,861
)
 
2000
 
1314
 
Dallas
 
TX
 
—

 
15,230

 
162,971

 
33,595

 
23,882

 
185,238

 
209,120

 
(54,567
)
 
2006
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
0583
 
Fort Worth
 
TX
 
—

 
898

 
4,866

 
2,334

 
898

 
6,607

 
7,505

 
(2,403
)
 
2000
 
0805
 
Fort Worth
 
TX
 
—

 
—

 
2,481

 
1,211

 
2

 
3,290

 
3,292

 
(1,625
)
 
2005
 
0806
 
Fort Worth
 
TX
 
—

 
—

 
6,070

 
690

 
5

 
6,566

 
6,571

 
(2,065
)
 
2005
 
2231
 
Fort Worth
 
TX
 
—

 
902

 
—

 
44

 
946

 
—

 
946

 
(12
)
 
2014
 
2619
 
Fort Worth
 
TX
 
—

 
1,180

 
13,432

 
6

 
1,180

 
13,437

 
14,617

 
(153
)
 
2017
 
2620
 
Fort Worth
 
TX
 
—

 
1,961

 
14,139

 
72

 
1,961

 
14,211

 
16,172

 
(166
)
 
2017
 
1061
 
Granbury
 
TX
 
—

 
—

 
6,863

 
1,090

 
—

 
7,882

 
7,882

 
(2,083
)
 
2006
 
0430
 
Houston
 
TX
 
—

 
1,927

 
33,140

 
13,211

 
2,151

 
44,381

 
46,532

 
(18,994
)
 
1999
 
0446
 
Houston
 
TX
 
—

 
2,200

 
19,585

 
18,770

 
2,209

 
32,783

 
34,992

 
(18,259
)
 
1999
 
0589
 
Houston
 
TX
 
—

 
1,676

 
12,602

 
5,972

 
1,706

 
15,878

 
17,584

 
(5,555
)
 
2000
 
0670
 
Houston
 
TX
 
—

 
257

 
2,884

 
1,378

 
318

 
3,659

 
3,977

 
(1,406
)
 
2000
 
0702
 
Houston
 
TX
 
—

 
—

 
7,414

 
2,005

 
7

 
8,410

 
8,417

 
(2,880
)
 
2004
 
1044
 
Houston
 
TX
 
—

 
—

 
4,838

 
3,339

 
—

 
6,481

 
6,481

 
(1,929
)
 
2006
 
2542
 
Houston
 
TX
 
—

 
304

 
17,764

 
—

 
304

 
17,764

 
18,068

 
(1,364
)
 
2015
 
2543
 
Houston
 
TX
 
—

 
116

 
6,555

 
—

 
116

 
6,555

 
6,671

 
(595
)
 
2015
 
2544
 
Houston
 
TX
 
—

 
312

 
12,094

 
—

 
312

 
12,094

 
12,406

 
(1,105
)
 
2015
 
2545
 
Houston
 
TX
 
—

 
316

 
13,931

 
—

 
316

 
13,931

 
14,247

 
(970
)
 
2015
 
2546
 
Houston
 
TX
 
—

 
408

 
18,332

 
—

 
408

 
18,332

 
18,740

 
(2,003
)
 
2015
 
2547
 
Houston
 
TX
 
—

 
470

 
18,197

 
—

 
470

 
18,197

 
18,667

 
(1,684
)
 
2015
 
2548
 
Houston
 
TX
 
—

 
313

 
7,036

 
—

 
313

 
7,036

 
7,349

 
(834
)
 
2015
 
2549
 
Houston
 
TX
 
—

 
530

 
22,711

 
—

 
530

 
22,711

 
23,241

 
(1,394
)
 
2015
 
0590
 
Irving
 
TX
 
—

 
828

 
6,160

 
2,834

 
828

 
8,600

 
9,428

 
(3,351
)
 
2000
 
0700
 
Irving
 
TX
 
—

 
—

 
8,550

 
3,620

 
8

 
11,154

 
11,162

 
(4,592
)
 
2006
 
1202
 
Irving
 
TX
 
—

 
1,604

 
16,107

 
1,030

 
1,633

 
17,007

 
18,640

 
(5,268
)
 
2006
 
1207
 
Irving
 
TX
 
—

 
1,955

 
12,793

 
1,904

 
1,986

 
14,617

 
16,603

 
(4,520
)
 
2006
 
2613
 
Kingwood
 
TX
 
—

 
3,035

 
28,373

 
212

 
3,035

 
28,584

 
31,619

 
(1,161
)
 
2016
 
1062
 
Lancaster
 
TX
 
—

 
172

 
2,692

 
1,119

 
185

 
3,733

 
3,918

 
(1,550
)
 
2006
 
2195
 
Lancaster
 
TX
 
—

 
—

 
1,138

 
679

 
131

 
1,686

 
1,817

 
(387
)
 
2006
 
0591
 
Lewisville
 
TX
 
—

 
561

 
8,043

 
2,120

 
561

 
9,727

 
10,288

 
(3,315
)
 
2000
 
0144
 
Longview
 
TX
 
—

 
102

 
7,998

 
715

 
102

 
8,270

 
8,372

 
(4,258
)
 
1992
 
0143
 
Lufkin
 
TX
 
—

 
338

 
2,383

 
80

 
338

 
2,423

 
2,761

 
(1,239
)
 
1992
 
0568
 
Mckinney
 
TX
 
—

 
541

 
6,217

 
2,364

 
541

 
7,876

 
8,417

 
(2,842
)
 
2003
 
0569
 
Mckinney
 
TX
 
—

 
—

 
636

 
8,418

 
—

 
8,174

 
8,174

 
(2,665
)
 
2003
 
1079
 
Nassau Bay
 
TX
 
—

 
—

 
8,942

 
1,384

 
—

 
10,116

 
10,116

 
(3,279
)
 
2006
 
0596
 
N Richland Hills
 
TX
 
—

 
812

 
8,883

 
3,050

 
812

 
11,487

 
12,299

 
(3,998
)
 
2000
 
2048
 
North Richland Hills
 
TX
 
—

 
1,385

 
10,213

 
2,135

 
1,400

 
12,150

 
13,550

 
(2,613
)
 
2012
 
1048
 
Pearland
 
TX
 
—

 
—

 
4,014

 
4,306

 
—

 
7,326

 
7,326

 
(2,395
)
 
2006
 
2232
 
Pearland
 
TX
 
—

 
—

 
3,374

 
13,919

 
—

 
17,293

 
17,293

 
(713
)
 
2014
 
0447
 
Plano
 
TX
 
—

 
1,700

 
7,810

 
6,394

 
1,792

 
13,329

 
15,121

 
(6,390
)
 
1999
 
0597
 
Plano
 
TX
 
—

 
1,210

 
9,588

 
4,693

 
1,224

 
13,176

 
14,400

 
(4,565
)
 
2000
 
0672
 
Plano
 
TX
 
—

 
1,389

 
12,768

 
2,545

 
1,389

 
13,984

 
15,373

 
(4,617
)
 
2002
 
1284
 
Plano
 
TX
 
—

 
2,049

 
18,793

 
2,377

 
2,101

 
18,958

 
21,059

 
(7,525
)
 
2006
 
1286
 
Plano
 
TX
 
—

 
3,300

 
—

 
—

 
3,300

 
—

 
3,300

 
—

 
2006
 
2653
 
Rockwall
 
TX
 
—

 
788

 
9,020

 
—

 
788

 
9,020

 
9,808

 
—

 
2017
 
0815
 
San Antonio
 
TX
 
—

 
—

 
9,193

 
2,654

 
12

 
11,039

 
11,051

 
(3,584
)
 
2006
 
0816
 
San Antonio
 
TX
 
3,376

 
—

 
8,699

 
2,872

 
175

 
10,675

 
10,850

 
(3,770
)
 
2006
 
1591
 
San Antonio
 
TX
 
—

 
—

 
7,309

 
641

 
12

 
7,906

 
7,918

 
(2,086
)
 
2010
 
1977
 
San Antonio
 
TX
 
—

 
—

 
26,191

 
1,536

 
—

 
27,482

 
27,482

 
(6,622
)
 
2011
 
2559
 
Shenandoah
 
TX
 
—

 
—

 
—

 
27,194

 
—

 
27,194

 
27,194

 
(401
)
 
2016
 
0598
 
Sugarland
 
TX
 
—

 
1,078

 
5,158

 
2,774

 
1,170

 
7,077

 
8,247

 
(2,729
)
 
2000
 
0599
 
Texas City
 
TX
 
—

 
—

 
9,519

 
169

 
—

 
9,532

 
9,532

 
(2,864
)
 
2000
 
0152
 
Victoria
 
TX
 
—

 
125

 
8,977

 
394

 
125

 
9,370

 
9,495

 
(4,846
)
 
1994
 
2550
 
The Woodlands
 
TX
 
—

 
115

 
5,141

 
—

 
115

 
5,141

 
5,256

 
(403
)
 
2015
 
2551
 
The Woodlands
 
TX
 
—

 
296

 
18,282

 
—

 
296

 
18,282

 
18,578

 
(1,235
)
 
2015
 
2552
 
The Woodlands
 
TX
 
—

 
374

 
25,125

 
—

 
374

 
25,125

 
25,499

 
(1,513
)
 
2015
 
1592
 
Bountiful
 
UT
 
—

 
999

 
7,426

 
674

 
999

 
8,101

 
9,100

 
(1,991
)
 
2010
 
0169
 
Bountiful
 
UT
 
—

 
276

 
5,237

 
1,447

 
363

 
6,159

 
6,522

 
(2,940
)
 
1995
 
0346
 
Castle Dale
 
UT
 
—

 
50

 
1,818

 
73

 
50

 
1,828

 
1,878

 
(983
)
 
1998
 
0347
 
Centerville
 
UT
 
—

 
300

 
1,288

 
276

 
300

 
1,394

 
1,694

 
(704
)
 
1999
 
2035
 
Draper
 
UT
 
5,088

 
—

 
10,803

 
183

 
—

 
10,879

 
10,879

 
(1,455
)
 
2012
 
0469
 
Kaysville
 
UT
 
—

 
530

 
4,493

 
226

 
530

 
4,719

 
5,249

 
(1,786
)
 
2001
 
0456
 
Layton
 
UT
 
—

 
371

 
7,073

 
1,265

 
389

 
8,034

 
8,423

 
(3,704
)
 
2001
 
2042
 
Layton
 
UT
 
—

 
—

 
10,975

 
412

 
—

 
11,388

 
11,388

 
(1,503
)
 
2012
 
0359
 
Ogden
 
UT
 
—

 
180

 
1,695

 
240

 
180

 
1,814

 
1,994

 
(993
)
 
1999
 
0357
 
Orem
 
UT
 
—

 
337

 
8,744

 
2,041

 
306

 
8,268

 
8,574

 
(4,302
)
 
1999
 
0371
 
Providence
 
UT
 
—

 
240

 
3,876

 
618

 
282

 
4,163

 
4,445

 
(2,057
)
 
1999
 
0353
 
Salt Lake City
 
UT
 
—

 
190

 
779

 
164

 
201

 
885

 
1,086

 
(477
)
 
1999
 
0354
 
Salt Lake City
 
UT
 
—

 
220

 
10,732

 
2,204

 
220

 
12,421

 
12,641

 
(6,638
)
 
1999
 
0355
 
Salt Lake City
 
UT
 
—

 
180

 
14,792

 
2,647

 
180

 
16,688

 
16,868

 
(8,675
)
 
1999
 
0467
 
Salt Lake City
 
UT
 
—

 
3,000

 
7,541

 
2,274

 
3,145

 
9,323

 
12,468

 
(3,784
)
 
2001
 
0566
 
Salt Lake City
 
UT
 
—

 
509

 
4,044

 
2,510

 
509

 
6,121

 
6,630

 
(2,320
)
 
2003
 
2041
 
Salt Lake City
 
UT
 
—

 
—

 
12,326

 
335

 
—

 
12,661

 
12,661

 
(1,682
)
 
2012
 
2033
 
Sandy
 
UT
 
—

 
867

 
3,513

 
842

 
1,153

 
4,069

 
5,222

 
(1,245
)
 
2012
 
0482
 
Stansbury
 
UT
 
—

 
450

 
3,201

 
1,147

 
529

 
3,944

 
4,473

 
(1,245
)
 
2001
 
0351
 
Washington Terrace
 
UT
 
—

 
—

 
4,573

 
2,493

 
17

 
6,279

 
6,296

 
(3,509
)
 
1999
 
0352
 
Washington Terrace
 
UT
 
—

 
—

 
2,692

 
1,309

 
15

 
3,306

 
3,321

 
(1,657
)
 
1999
 
2034
 
West Jordan
 
UT
 
—

 
—

 
12,021

 
264

 
—

 
12,285

 
12,285

 
(1,604
)
 
2012
 
2036
 
West Jordan
 
UT
 
547

 
—

 
1,383

 
1,522

 
—

 
2,905

 
2,905

 
(610
)
 
2012
 
0495
 
West Valley City
 
UT
 
—

 
410

 
8,266

 
1,002

 
410

 
9,268

 
9,678

 
(4,567
)
 
2002
 
0349
 
West Valley City
 
UT
 
—

 
1,070

 
17,463

 
128

 
1,036

 
17,581

 
18,617

 
(9,488
)
 
1999
 
1208
 
Fairfax
 
VA
 
—

 
8,396

 
16,710

 
10,434

 
8,494

 
26,168

 
34,662

 
(8,694
)
 
2006
 
2230
 
Fredericksburg
 
VA
 
—

 
1,101

 
8,570

 
—

 
1,101

 
8,570

 
9,671

 
(837
)
 
2014
 
0572
 
Reston
 
VA
 
—

 
—

 
11,902

 
967

 
—

 
12,026

 
12,026

 
(4,458
)
 
2003
 
0448
 
Renton
 
WA
 
—

 
—

 
18,724

 
3,092

 
—

 
20,685

 
20,685

 
(10,299
)
 
1999
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
0781
 
Seattle
 
WA
 
—

 
—

 
52,703

 
15,806

 
—

 
64,279

 
64,279

 
(22,985
)
 
2004
 
0782
 
Seattle
 
WA
 
—

 
—

 
24,382

 
12,686

 
126

 
34,881

 
35,007

 
(13,765
)
 
2004
 
0783
 
Seattle
 
WA
 
—

 
—

 
5,625

 
1,375

 
183

 
6,690

 
6,873

 
(6,322
)
 
2004
 
0785
 
Seattle
 
WA
 
—

 
—

 
7,293

 
6,215

 
—

 
12,213

 
12,213

 
(4,804
)
 
2004
 
1385
 
Seattle
 
WA
 
—

 
—

 
45,027

 
3,619

 
—

 
48,471

 
48,471

 
(15,524
)
 
2007
 
2038
 
Evanston
 
WY
 
—

 
—

 
4,601

 
222

 
—

 
4,823

 
4,823

 
(681
)
 
2012
 
 
 
 
 
 
 
$
9,011

 
$
279,168

 
$
2,785,660

 
$
822,680

 
$
295,620

 
$
3,434,989

 
$
3,730,609

 
$
(924,333
)
 
 
 
 
    
    
    
 
    
Encumbrances at December 31, 2017
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2017
    
Accumulated Depreciation
    
Year Acquired/ Constructed
    
City
 
 
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Other non-reportable segments
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other-Hospitals
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
0126
 
Sherwood
 
AR
 
—

 
709

 
9,604

 
—

 
709

 
9,587

 
10,296

 
(5,723
)
 
1989
 
0113
 
Glendale
 
AZ
 
—

 
1,565

 
7,050

 
20

 
1,565

 
7,050

 
8,615

 
(4,277
)
 
1988
 
1038
 
Fresno
 
CA
 
—

 
3,652

 
29,113

 
21,935

 
3,652

 
51,048

 
54,700

 
(16,338
)
 
2006
 
0423
 
Irvine
 
CA
 
—

 
18,000

 
70,800

 
—

 
18,000

 
70,800

 
88,800

 
(36,755
)
 
1999
 
0127
 
Colorado Springs
 
CO
 
—

 
690

 
8,338

 
—

 
690

 
8,338

 
9,028

 
(4,960
)
 
1989
 
0887
 
Atlanta
 
GA
 
—

 
4,300

 
13,690

 
—

 
4,300

 
11,890

 
16,190

 
(6,440
)
 
2007
 
0112
 
Overland Park
 
KS
 
—

 
2,316

 
10,681

 
24

 
2,316

 
10,680

 
12,996

 
(6,712
)
 
1988
 
1383
 
Baton Rouge
 
LA
 
—

 
690

 
8,545

 
87

 
690

 
8,496

 
9,186

 
(4,139
)
 
2007
 
2031
 
Slidell
 
LA
 
—

 
3,000

 
—

 
643

 
3,643

 
—

 
3,643

 
—

 
2012
 
0886
 
Dallas
 
TX
 
—

 
1,820

 
8,508

 
26

 
1,820

 
7,454

 
9,274

 
(2,019
)
 
2007
 
1319
 
Dallas
 
TX
 
—

 
18,840

 
155,659

 
1,557

 
18,840

 
157,216

 
176,056

 
(48,404
)
 
2007
 
1384
 
Plano
 
TX
 
—

 
6,290

 
22,686

 
5,706

 
6,290

 
28,203

 
34,493

 
(13,334
)
 
2007
 
2198
 
Webster
 
TX
 
—

 
2,220

 
9,602

 
—

 
2,220

 
9,602

 
11,822

 
(1,850
)
 
2013
 
Other-Post-acute/skilled nursing
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2469
 
Rural Retreat
 
VA
 
—

 
1,876

 
14,720

 
—

 
1,876

 
14,720

 
16,596

 
(1,064
)
 
2013
 
Other-United Kingdom
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2210
 
Adlington
 
EG
 
—

 
548

 
7,108

 
1,951

 
650

 
8,961

 
9,611

 
(757
)
 
2014
 
2211
 
Adlington
 
EG
 
—

 
568

 
4,318

 
—

 
568

 
4,318

 
4,886

 
(359
)
 
2014
 
2216
 
Alderley Edge
 
EG
 
—

 
1,252

 
8,719

 
—

 
1,252

 
8,719

 
9,971

 
(656
)
 
2014
 
2217
 
Alderley Edge
 
EG
 
—

 
1,218

 
6,827

 
—

 
1,218

 
6,828

 
8,046

 
(539
)
 
2014
 
2340
 
Altrincham
 
EG
 
—

 
1,745

 
18,693

 
—

 
1,745

 
18,694

 
20,439

 
(1,218
)
 
2015
 
2312
 
Armley
 
EG
 
—

 
447

 
2,670

 
—

 
447

 
2,670

 
3,117

 
(278
)
 
2015
 
2313
 
Armley
 
EG
 
—

 
1,001

 
3,114

 
—

 
1,001

 
3,114

 
4,115

 
(335
)
 
2015
 
2309
 
Ashton under Lyne
 
EG
 
—

 
649

 
4,507

 
—

 
649

 
4,507

 
5,156

 
(472
)
 
2015
 
2206
 
Bangor
 
EG
 
—

 
386

 
2,064

 
—

 
385

 
2,064

 
2,449

 
(213
)
 
2014
 
2207
 
Batley
 
EG
 
—

 
649

 
3,203

 
—

 
649

 
3,203

 
3,852

 
(454
)
 
2014
 
2336
 
Birmingham
 
EG
 
—

 
677

 
2,451

 
601

 
677

 
3,052

 
3,729

 
(522
)
 
2015
 
2320
 
Bishopbriggs
 
EG
 
—

 
907

 
4,166

 
—

 
907

 
4,166

 
5,073

 
(452
)
 
2015
 
2323
 
Bonnyrigg
 
EG
 
—

 
947

 
6,239

 
—

 
947

 
6,239

 
7,186

 
(644
)
 
2015
 
2335
 
Cardiff
 
EG
 
—

 
1,434

 
4,838

 
744

 
1,434

 
5,581

 
7,015

 
(771
)
 
2015
 
2223
 
Catterick Garrison
 
EG
 
—

 
798

 
1,467

 
—

 
798

 
1,467

 
2,265

 
(294
)
 
2014
 
2226
 
Christleton
 
EG
 
—

 
528

 
5,103

 
—

 
528

 
5,103

 
5,631

 
(401
)
 
2014
 
2327
 
Croydon
 
EG
 
—

 
1,597

 
2,494

 
17

 
1,596

 
2,511

 
4,107

 
(296
)
 
2015
 
2221
 
Disley
 
EG
 
—

 
345

 
1,621

 
—

 
345

 
1,620

 
1,965

 
(175
)
 
2014
 
2227
 
Disley
 
EG
 
—

 
690

 
3,964

 
—

 
690

 
3,964

 
4,654

 
(319
)
 
2014
 
2306
 
Dukinfield
 
EG
 
—

 
758

 
4,054

 
—

 
758

 
4,053

 
4,811

 
(412
)
 
2015
 
2316
 
Dukinfield
 
EG
 
—

 
392

 
2,491

 
—

 
392

 
2,491

 
2,883

 
(236
)
 
2015
 
2317
 
Dukinfield
 
EG
 
—

 
528

 
2,811

 
—

 
528

 
2,811

 
3,339

 
(309
)
 
2015
 
2318
 
Dumbarton
 
EG
 
—

 
920

 
3,825

 
—

 
920

 
3,825

 
4,745

 
(429
)
 
2015
 
2303
 
Eckington
 
EG
 
—

 
501

 
1,638

 
—

 
500

 
1,638

 
2,138

 
(213
)
 
2015
 
2333
 
Edinburgh
 
EG
 
—

 
4,533

 
24,135

 
558

 
4,533

 
24,693

 
29,226

 
(2,431
)
 
2015
 
2208
 
Elstead
 
EG
 
—

 
893

 
3,061

 
—

 
893

 
3,060

 
3,953

 
(346
)
 
2014
 
2328
 
Forfar
 
EG
 
—

 
852

 
6,200

 
427

 
853

 
6,626

 
7,479

 
(746
)
 
2015
 
2214
 
Gilroyd
 
EG
 
—

 
998

 
1,691

 
—

 
998

 
1,691

 
2,689

 
(322
)
 
2014
 
2330
 
Glasgow
 
EG
 
—

 
1,854

 
6,645

 
1,207

 
1,854

 
7,853

 
9,707

 
(1,136
)
 
2015
 
2307
 
Hyde
 
EG
 
—

 
1,394

 
5,144

 
—

 
1,394

 
5,144

 
6,538

 
(581
)
 
2015
 
2324
 
Lewisham
 
EG
 
—

 
1,921

 
7,113

 
604

 
1,922

 
7,717

 
9,639

 
(933
)
 
2015
 
2332
 
Linlithgow
 
EG
 
—

 
1,448

 
7,434

 
599

 
1,448

 
8,033

 
9,481

 
(933
)
 
2015
 
2213
 
Ilkley
 
EG
 
—

 
954

 
2,518

 
—

 
954

 
2,518

 
3,472

 
(403
)
 
2014
 
2209
 
Kingswood
 
EG
 
—

 
1,042

 
3,884

 
—

 
1,042

 
3,884

 
4,926

 
(405
)
 
2014
 
2212
 
Kirk Hammerton
 
EG
 
—

 
438

 
561

 
—

 
438

 
561

 
999

 
(131
)
 
2014
 
2310
 
Kirkby
 
EG
 
—

 
568

 
2,712

 
—

 
568

 
2,712

 
3,280

 
(302
)
 
2015
 
2304
 
Knotty Ash
 
EG
 
—

 
649

 
2,275

 
—

 
649

 
2,274

 
2,923

 
(270
)
 
2015
 
2322
 
Laindon
 
EG
 
—

 
1,191

 
2,771

 
—

 
1,191

 
2,771

 
3,962

 
(329
)
 
2015
 
2215
 
Leeds
 
EG
 
—

 
503

 
795

 
—

 
504

 
795

 
1,299

 
(196
)
 
2014
 
2326
 
Limehouse
 
EG
 
—

 
2,219

 
3,168

 
23

 
2,219

 
3,191

 
5,410

 
(409
)
 
2015
 
2321
 
Luton
 
EG
 
—

 
1,069

 
3,169

 
—

 
1,069

 
3,169

 
4,238

 
(336
)
 
2015
 
2339
 
Manchester
 
EG
 
—

 
1,685

 
15,136

 
—

 
1,685

 
15,136

 
16,821

 
(1,004
)
 
2015
 
2225
 
N Wadebridge
 
EG
 
—

 
298

 
6,158

 
—

 
298

 
6,159

 
6,457

 
(518
)
 
2014
 
2331
 
Paisley
 
EG
 
—

 
1,231

 
3,995

 
13

 
1,232

 
4,007

 
5,239

 
(444
)
 
2015
 
2308
 
Prescot
 
EG
 
—

 
541

 
1,934

 
—

 
541

 
1,934

 
2,475

 
(248
)
 
2015
 
2305
 
Prescot
 
EG
 
—

 
636

 
2,382

 
—

 
636

 
2,382

 
3,018

 
(284
)
 
2015
 
2219
 
Ripon
 
EG
 
—

 
189

 
906

 
—

 
189

 
906

 
1,095

 
(130
)
 
2014
 
2319
 
Sheffield
 
EG
 
—

 
744

 
2,705

 
—

 
745

 
2,704

 
3,449

 
(303
)
 
2015
 
2314
 
Stalybridge
 
EG
 
—

 
704

 
3,608

 
—

 
704

 
3,608

 
4,312

 
(380
)
 
2015
 
2315
 
Stalybridge
 
EG
 
—

 
555

 
1,887

 
—

 
555

 
1,887

 
2,442

 
(212
)
 
2015
 
2218
 
Stapeley
 
EG
 
—

 
995

 
6,491

 
—

 
994

 
6,491

 
7,485

 
(567
)
 
2014
 
2325
 
Stirling
 
EG
 
—

 
907

 
4,929

 
451

 
907

 
5,380

 
6,287

 
(640
)
 
2015
 
2329
 
Stirling
 
EG
 
—

 
1,110

 
4,041

 
646

 
1,109

 
4,687

 
5,796

 
(673
)
 
2015
 
2224
 
Stockton-on-Tees
 
EG
 
—

 
292

 
2,086

 
—

 
292

 
2,086

 
2,378

 
(240
)
 
2014
 
2220
 
Thornton-Cleveleys
 
EG
 
—

 
913

 
4,566

 
—

 
913

 
4,566

 
5,479

 
(482
)
 
2014
 
2228
 
Upper Wortley
 
EG
 
—

 
455

 
3,366

 
—

 
454

 
3,366

 
3,820

 
(334
)
 
2014
 
2311
 
Wigan
 
EG
 
—

 
717

 
2,660

 
—

 
717

 
2,661

 
3,378

 
(366
)
 
2015
 
2337
 
Wigan
 
EG
 
—

 
541

 
1,820

 
16

 
534

 
1,843

 
2,377

 
(247
)
 
2015
 
2338
 
Wigan
 
EG
 
—

 
474

 
3,788

 
23

 
474

 
3,811

 
4,285

 
(399
)
 
2015
 
2222
 
Woolmer Green
 
EG
 
—

 
832

 
6,062

 
—

 
832

 
6,061

 
6,893

 
(577
)
 
2014
 
2334
 
Wotton under Edge
 
EG
 
—

 
636

 
2,490

 
164

 
636

 
2,654

 
3,290

 
(378
)
 
2015
 
 
 
 
 
 
 
$
—

 
$
122,434

 
$
641,667

 
$
38,042

 
$
123,171

 
$
675,704

 
$
798,875

 
$
(181,404
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total operations properties
 
 
 
 
 
$
144,486

 
$
1,765,938

 
$
9,726,105

 
$
2,332,632

 
$
1,785,865

 
$
11,687,527

 
$
13,473,392

 
$
(2,741,537
)
 
 
 
Corporate and other assets
 
 
 
—

 
—

 
—

 
—

 
—

 
181

 
181

 
(158
)
 
 
 
Total
 
 
 
 
 
$
144,486

 
$
1,765,938

 
$
9,726,105

 
$
2,332,632

 
$
1,785,865

 
$
11,687,708

 
$
13,473,573

 
$
(2,741,695
)
 
 
 
_______________________________________
1.
Buildings and improvements are depreciated over useful lives ranging up to 60 years.
2.
At December 31, 2017, the tax basis of the Company’s net real estate assets is less than the reported amounts by $900 million (unaudited).
(b)
A summary of activity for real estate and accumulated depreciation follows (in thousands):
 
Year ended December 31,
 
2017
 
2016
 
2015
Real estate:
 
 
 
 
 
Balances at beginning of year
$
13,974,760

 
$
14,330,257

 
$
12,931,832

Acquisition of real estate and development and improvements
995,443

 
987,135

 
1,930,931

Sales and/or transfers to assets held for sale and discontinued operations
(589,391
)
 
(1,227,614
)
 
(473,057
)
Deconsolidation of real estate
(825,074
)
 
(10,306
)
 
—

Impairments
(37,274
)
 
—

 
(3,118
)
Other(1)
(44,891
)
 
(104,712
)
 
(56,331
)
Balances at end of year
$
13,473,573

 
$
13,974,760

 
$
14,330,257

Accumulated depreciation:
 
 
 
 
 
Balances at beginning of year
$
2,648,930

 
$
2,476,015

 
$
2,190,486

Depreciation expense
436,085

 
465,945

 
418,591

Sales and/or transfers to assets held for sale and discontinued operations
(115,195
)
 
(239,112
)
 
(86,001
)
Deconsolidation of real estate
(152,572
)
 
(5,868
)
 
—

Other(1)
(75,553
)
 
(48,050
)
 
(47,061
)
Balances at end of year
$
2,741,695

 
$
2,648,930

 
$
2,476,015

_______________________________________
(1)
Represents real estate and accumulated depreciation related to fully depreciated assets written off, foreign exchange translation or where the lease classification has changed to direct financing leases.