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Schedule III: Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III: Real Estate and Accumulated Depreciation Real Estate and Accumulated Depreciation
(Dollars in thousands)
 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
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

 
$
393

 
$
307

 
$
5,846

 
$
6,153

 
$
(1,820
)
 
2006
 
0786
 
Douglas
 
AZ
 
—

 
110

 
703

 
—

 
110

 
703

 
813

 
(405
)
 
2005
 
0518
 
Tucson
 
AZ
 
—

 
2,350

 
24,037

 
—

 
2,350

 
24,037

 
26,387

 
(13,020
)
 
2002
 
0851
 
Citrus Heights
 
CA
 
—

 
1,180

 
8,367

 
—

 
1,180

 
8,037

 
9,217

 
(3,638
)
 
2006
 
0787
 
Dana Point
 
CA
 
—

 
1,960

 
15,946

 
—

 
1,960

 
15,466

 
17,426

 
(5,574
)
 
2005
 
0791
 
Fremont
 
CA
 
—

 
2,360

 
11,672

 
—

 
2,360

 
11,192

 
13,552

 
(4,034
)
 
2005
 
0788
 
Granada Hills
 
CA
 
—

 
2,200

 
18,257

 
—

 
2,200

 
17,637

 
19,837

 
(6,357
)
 
2005
 
0226
 
Murrieta
 
CA
 
—

 
435

 
5,729

 
—

 
435

 
5,729

 
6,164

 
(3,421
)
 
1997
 
1165
 
Northridge
 
CA
 
—

 
6,718

 
26,309

 
2,820

 
6,752

 
27,889

 
34,641

 
(10,049
)
 
2006
 
0789
 
Pleasant Hill
 
CA
 
6,270

 
2,480

 
21,333

 
—

 
2,480

 
20,633

 
23,113

 
(7,437
)
 
2005
 
0793
 
South San Francisco
 
CA
 
—

 
3,000

 
16,586

 
—

 
3,000

 
16,056

 
19,056

 
(5,782
)
 
2005
 
0792
 
Ventura
 
CA
 
—

 
2,030

 
17,379

 
—

 
2,030

 
16,749

 
18,779

 
(6,037
)
 
2005
 
0852
 
Boca Raton
 
FL
 
—

 
4,730

 
17,532

 
5,471

 
4,730

 
22,391

 
27,121

 
(9,179
)
 
2006
 
2467
 
Ft Myers
 
FL
 
—

 
2,782

 
21,827

 
—

 
2,782

 
21,827

 
24,609

 
(3,223
)
 
2016
 
1095
 
Gainesville
 
FL
 
—

 
1,221

 
12,226

 
175

 
1,221

 
12,176

 
13,397

 
(3,981
)
 
2006
 
0490
 
Jacksonville
 
FL
 
—

 
3,250

 
25,936

 
6,170

 
3,250

 
32,106

 
35,356

 
(14,803
)
 
2002
 
1096
 
Jacksonville
 
FL
 
—

 
1,587

 
15,616

 
176

 
1,587

 
15,474

 
17,061

 
(5,073
)
 
2006
 
1017
 
Palm Harbor
 
FL
 
—

 
1,462

 
16,774

 
954

 
1,462

 
17,342

 
18,804

 
(5,726
)
 
2006
 
1097
 
Tallahassee
 
FL
 
—

 
1,331

 
19,039

 
255

 
1,331

 
18,950

 
20,281

 
(6,202
)
 
2006
 
1605
 
Vero Beach
 
FL
 
—

 
700

 
16,234

 
66

 
700

 
15,550

 
16,250

 
(3,984
)
 
2010
 
1257
 
Vero Beach
 
FL
 
—

 
2,035

 
34,993

 
762

 
2,035

 
34,195

 
36,230

 
(11,154
)
 
2006
 
1162
 
Orland Park
 
IL
 
—

 
2,623

 
23,154

 
1,732

 
2,623

 
24,111

 
26,734

 
(8,346
)
 
2006
 
0546
 
Cape Elizabeth
 
ME
 
—

 
630

 
3,524

 
93

 
630

 
3,617

 
4,247

 
(1,519
)
 
2003
 
0545
 
Saco
 
ME
 
—

 
80

 
2,363

 
155

 
80

 
2,518

 
2,598

 
(1,054
)
 
2003
 
0853
 
St. Louis
 
MO
 
—

 
2,500

 
20,343

 
—

 
2,500

 
19,853

 
22,353

 
(8,989
)
 
2006
 
0734
 
Hillsborough
 
NJ
 
—

 
1,042

 
10,042

 
796

 
1,042

 
10,372

 
11,414

 
(3,871
)
 
2005
 
0796
 
Las Vegas
 
NV
 
—

 
1,960

 
5,816

 
—

 
1,960

 
5,426

 
7,386

 
(1,956
)
 
2005
 
1252
 
Brooklyn
 
NY
 
—

 
8,117

 
23,627

 
1,413

 
8,117

 
23,773

 
31,890

 
(7,886
)
 
2006
 
1256
 
Brooklyn
 
NY
 
—

 
5,215

 
39,052

 
1,593

 
5,215

 
39,535

 
44,750

 
(13,318
)
 
2006
 
2089
 
Newberg
 
OR
 
—

 
1,889

 
16,855

 
874

 
1,889

 
17,729

 
19,618

 
(3,626
)
 
2012
 
2050
 
Redmond
 
OR
 
—

 
1,229

 
21,921

 
844

 
1,229

 
22,765

 
23,994

 
(4,260
)
 
2012
 
2084
 
Roseburg
 
OR
 
—

 
1,042

 
12,090

 
145

 
1,042

 
12,235

 
13,277

 
(2,693
)
 
2012
 
2134
 
Scappoose
 
OR
 
—

 
353

 
1,258

 
17

 
353

 
1,275

 
1,628

 
(370
)
 
2012
 
2153
 
Scappoose
 
OR
 
—

 
971

 
7,116

 
162

 
971

 
7,278

 
8,249

 
(1,858
)
 
2012
 
2088
 
Tualatin
 
OR
 
—

 
—

 
6,326

 
396

 
—

 
6,722

 
6,722

 
(2,000
)
 
2012
 
2063
 
Selinsgrove
 
PA
 
—

 
529

 
9,111

 
255

 
529

 
9,366

 
9,895

 
(2,320
)
 
2012
 
0306
 
Georgetown
 
SC
 
—

 
239

 
3,008

 
—

 
239

 
3,008

 
3,247

 
(1,369
)
 
1998
 
0305
 
Lancaster
 
SC
 
—

 
84

 
2,982

 
—

 
84

 
2,982

 
3,066

 
(1,274
)
 
1998
 
0312
 
Rock Hill
 
SC
 
—

 
203

 
2,671

 
—

 
203

 
2,671

 
2,874

 
(1,195
)
 
1998
 
1113
 
Rock Hill
 
SC
 
—

 
695

 
4,119

 
359

 
795

 
4,111

 
4,906

 
(1,567
)
 
2006
 
0313
 
Sumter
 
SC
 
—

 
196

 
2,623

 
—

 
196

 
2,623

 
2,819

 
(1,194
)
 
1998
 
2073
 
Kingsport
 
TN
 
—

 
1,113

 
8,625

 
335

 
1,113

 
8,960

 
10,073

 
(2,048
)
 
2012
 
0843
 
Abilene
 
TX
 
—

 
300

 
2,830

 
—

 
300

 
2,710

 
3,010

 
(921
)
 
2006
 
2107
 
Amarillo
 
TX
 
—

 
1,315

 
26,838

 
894

 
1,315

 
27,732

 
29,047

 
(5,518
)
 
2012
 
0511
 
Austin
 
TX
 
—

 
2,960

 
41,645

 
—

 
2,960

 
41,644

 
44,604

 
(22,558
)
 
2002
 
2075
 
Bedford
 
TX
 
—

 
1,204

 
26,845

 
1,704

 
1,204

 
28,549

 
29,753

 
(6,119
)
 
2012
 
0844
 
Burleson
 
TX
 
—

 
1,050

 
5,242

 
—

 
1,050

 
4,902

 
5,952

 
(1,665
)
 
2006
 
0848
 
Cedar Hill
 
TX
 
—

 
1,070

 
11,554

 
—

 
1,070

 
11,104

 
12,174

 
(3,771
)
 
2006
 
1106
 
Houston
 
TX
 
—

 
1,008

 
15,333

 
183

 
1,020

 
14,955

 
15,975

 
(4,978
)
 
2006
 
0845
 
North Richland Hills
 
TX
 
—

 
520

 
5,117

 
—

 
520

 
4,807

 
5,327

 
(1,632
)
 
2006
 
0846
 
North Richland Hills
 
TX
 
—

 
870

 
9,259

 
—

 
870

 
8,819

 
9,689

 
(3,422
)
 
2006
 
2162
 
Portland
 
TX
 
—

 
1,233

 
14,001

 
3,027

 
1,233

 
17,028

 
18,261

 
(4,486
)
 
2012
 
2116
 
Sherman
 
TX
 
—

 
209

 
3,492

 
187

 
209

 
3,679

 
3,888

 
(935
)
 
2012
 
0847
 
Waxahachie
 
TX
 
—

 
390

 
3,879

 
—

 
390

 
3,659

 
4,049

 
(1,242
)
 
2006
 
0881
 
Chesapeake
 
VA
 
—

 
1,090

 
12,444

 
—

 
1,090

 
11,944

 
13,034

 
(3,907
)
 
2006
 
0225
 
Woodbridge
 
VA
 
—

 
950

 
6,983

 
1,652

 
950

 
8,460

 
9,410

 
(4,317
)
 
1997
 
0797
 
Kirkland
 
WA
 
—

 
1,000

 
13,403

 
—

 
1,000

 
13,043

 
14,043

 
(4,701
)
 
2005
 
2096
 
Poulsbo
 
WA
 
—

 
1,801

 
18,068

 
231

 
1,801

 
18,299

 
20,100

 
(3,845
)
 
2012
 
2102
 
Richland
 
WA
 
—

 
249

 
5,067

 
138

 
249

 
5,205

 
5,454

 
(1,088
)
 
2012
 
0794
 
Shoreline
 
WA
 
—

 
1,590

 
10,671

 
—

 
1,590

 
10,261

 
11,851

 
(3,699
)
 
2005
 
0795
 
Shoreline
 
WA
 
—

 
4,030

 
26,421

 
—

 
4,030

 
25,651

 
29,681

 
(9,186
)
 
2005
 
2061
 
Vancouver
 
WA
 
—

 
513

 
4,556

 
263

 
513

 
4,819

 
5,332

 
(1,299
)
 
2012
 
2062
 
Vancouver
 
WA
 
—

 
1,498

 
9,997

 
211

 
1,498

 
10,208

 
11,706

 
(2,099
)
 
2012
 
 
 
 
 
 
 
$
6,270

 
$
99,788

 
$
852,579

 
$
34,901

 
$
99,934

 
$
868,393

 
$
968,327

 
$
(295,000
)
 
 
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
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

 
$
3,924

 
$
2,640

 
$
36,339

 
$
38,979

 
$
(11,961
)
 
2011
 
2935
 
Alameda
 
CA
 
19,683

 
6,225

 
20,194

 
36

 
6,225

 
20,230

 
26,455

 
(484
)
 
2019
 
2911
 
Beverly Hills
 
CA
 
—

 
9,872

 
32,590

 
10,714

 
9,872

 
40,380

 
50,252

 
(13,574
)
 
1998
 
2933
 
Chino Hills
 
CA
 
—

 
3,720

 
41,183

 
269

 
3,720

 
40,222

 
43,942

 
(6,355
)
 
1998
 
2953
 
Concord
 
CA
 
32,106

 
5,386

 
45,874

 
9

 
5,386

 
45,883

 
51,269

 
(707
)
 
2019
 
2931
 
Concord
 
CA
 
25,000

 
6,010

 
39,615

 
321

 
6,010

 
38,636

 
44,646

 
(13,808
)
 
1998
 
2932
 
Escondido
 
CA
 
14,340

 
5,090

 
24,253

 
204

 
5,090

 
23,557

 
28,647

 
(8,430
)
 
1998
 
2937
 
Fair Oaks
 
CA
 
33,794

 
3,972

 
51,073

 
—

 
3,972

 
51,073

 
55,045

 
(1,261
)
 
2019
 
1965
 
Fresno
 
CA
 
—

 
1,730

 
31,918

 
3,539

 
1,730

 
34,813

 
36,543

 
(11,114
)
 
2011
 
2959
 
Huntington Beach
 
CA
 
—

 
12,365

 
36,509

 
13

 
12,365

 
36,522

 
48,887

 
(678
)
 
2019
 
2593
 
Irvine
 
CA
 
—

 
8,220

 
14,104

 
7,176

 
8,220

 
20,740

 
28,960

 
(4,254
)
 
2006
 
2934
 
Roseville
 
CA
 
—

 
3,844

 
33,527

 
59

 
3,844

 
33,315

 
37,159

 
(5,870
)
 
2014
 
2952
 
San Jose
 
CA
 
28,761

 
10,658

 
34,661

 
74

 
10,658

 
34,735

 
45,393

 
(524
)
 
2019
 
2951
 
Santa Clarita
 
CA
 
34,175

 
16,896

 
38,549

 
38

 
16,896

 
38,587

 
55,483

 
(642
)
 
2019
 
2792
 
Santa Rosa
 
CA
 
—

 
3,582

 
21,113

 
2,916

 
3,627

 
22,689

 
26,316

 
(7,793
)
 
2006
 
1966
 
Sun City
 
CA
 
—

 
2,650

 
22,709

 
7,718

 
2,650

 
29,570

 
32,220

 
(9,653
)
 
2011
 
2958
 
Valencia
 
CA
 
26,049

 
12,699

 
49,986

 
—

 
12,699

 
49,986

 
62,685

 
(968
)
 
2019
 
2936
 
Whittier
 
CA
 
—

 
3,355

 
24,639

 
42

 
3,355

 
24,681

 
28,036

 
(588
)
 
2019
 
2603
 
Boca Raton
 
FL
 
—

 
2,415

 
17,923

 
2,256

 
2,415

 
19,154

 
21,569

 
(5,834
)
 
2006
 
2602
 
Boynton Beach
 
FL
 
—

 
1,270

 
4,773

 
4,379

 
1,270

 
7,378

 
8,648

 
(2,152
)
 
2003
 
3042
 
Bradenton
 
FL
 
—

 
1,720

 
30,814

 
72

 
1,720

 
30,886

 
32,606

 
(872
)
 
2019
 
2520
 
Clearwater
 
FL
 
—

 
2,250

 
2,627

 
2,829

 
2,250

 
4,876

 
7,126

 
(1,712
)
 
2015
 
2604
 
Coconut Creek
 
FL
 
—

 
2,461

 
16,006

 
3,343

 
2,461

 
17,915

 
20,376

 
(5,373
)
 
2006
 
2601
 
Delray Beach
 
FL
 
—

 
850

 
6,637

 
3,378

 
850

 
9,102

 
9,952

 
(3,085
)
 
2002
 
3043
 
Fort Myers
 
FL
 
—

 
1,806

 
37,410

 
117

 
1,806

 
37,527

 
39,333

 
(1,031
)
 
2019
 
3044
 
Fort Myers
 
FL
 
—

 
3,177

 
55,719

 
65

 
3,177

 
55,784

 
58,961

 
(1,570
)
 
2019
 
2517
 
Ft Lauderdale
 
FL
 
—

 
2,867

 
43,126

 
12,824

 
2,867

 
54,298

 
57,165

 
(7,562
)
 
2015
 
2522
 
Lutz
 
FL
 
—

 
902

 
15,169

 
6,107

 
902

 
21,276

 
22,178

 
(2,379
)
 
2015
 
3039
 
Melbourne
 
FL
 
—

 
2,212

 
54,579

 
99

 
2,212

 
54,678

 
56,890

 
(1,588
)
 
2019
 
3040
 
Naples
 
FL
 
—

 
7,444

 
33,744

 
97

 
7,444

 
33,841

 
41,285

 
(1,020
)
 
2019
 
2523
 
Orange City
 
FL
 
—

 
912

 
9,724

 
1,738

 
912

 
11,462

 
12,374

 
(2,174
)
 
2015
 
3041
 
Palm Beach Gardens
 
FL
 
—

 
4,249

 
33,747

 
55

 
4,249

 
33,802

 
38,051

 
(951
)
 
2019
 
1971
 
Sarasota
 
FL
 
—

 
3,050

 
29,516

 
9,739

 
3,050

 
38,313

 
41,363

 
(13,100
)
 
2011
 
2526
 
Tamarac
 
FL
 
—

 
970

 
16,037

 
1,750

 
970

 
9,136

 
10,106

 
(2,663
)
 
2015
 
2904
 
Tampa
 
FL
 
—

 
1,994

 
24,493

 
774

 
1,994

 
25,267

 
27,261

 
(666
)
 
2019
 
3045
 
Tampa
 
FL
 
—

 
1,419

 
25,634

 
26

 
1,419

 
25,660

 
27,079

 
(746
)
 
2019
 
2527
 
Vero Beach
 
FL
 
—

 
1,048

 
17,392

 
3,425

 
1,048

 
20,817

 
21,865

 
(2,914
)
 
2015
 
2896
 
Atlanta
 
GA
 
—

 
3,957

 
5,378

 
149

 
3,957

 
5,527

 
9,484

 
(225
)
 
2019
 
2914
 
Lilburn
 
GA
 
—

 
907

 
17,340

 
501

 
907

 
17,195

 
18,102

 
(5,720
)
 
1998
 
3046
 
Suwanee
 
GA
 
—

 
3,708

 
35,882

 
110

 
3,708

 
35,992

 
39,700

 
(991
)
 
2019
 
1961
 
Olympia Fields
 
IL
 
—

 
4,120

 
29,400

 
5,289

 
4,120

 
33,951

 
38,071

 
(11,286
)
 
2011
 
2903
 
St. Charles
 
IL
 
—

 
1,000

 
22,747

 
308

 
1,000

 
23,055

 
24,055

 
(551
)
 
2019
 
2906
 
Wheaton
 
IL
 
—

 
1,599

 
13,268

 
351

 
1,599

 
13,619

 
15,218

 
(385
)
 
2019
 
2899
 
Prairie Village
 
KS
 
—

 
2,554

 
6,994

 
265

 
2,554

 
7,259

 
9,813

 
(314
)
 
2019
 
2787
 
Plymouth
 
MA
 
—

 
2,434

 
9,027

 
1,604

 
2,438

 
9,831

 
12,269

 
(3,215
)
 
2006
 
2746
 
Watertown
 
MA
 
—

 
8,828

 
29,317

 
420

 
8,828

 
29,737

 
38,565

 
(1,744
)
 
2017
 
2894
 
Columbia
 
MD
 
—

 
1,947

 
29,201

 
385

 
1,947

 
29,586

 
31,533

 
(660
)
 
2019
 
2583
 
Ellicott City
 
MD
 
18,492

 
3,607

 
31,720

 
1,879

 
3,607

 
33,597

 
37,204

 
(3,623
)
 
2016
 
2921
 
Frederick
 
MD
 
—

 
609

 
9,158

 
1,424

 
609

 
10,005

 
10,614

 
(3,346
)
 
1998
 
2584
 
Hanover
 
MD
 
8,610

 
4,513

 
25,625

 
1,523

 
4,513

 
27,148

 
31,661

 
(2,875
)
 
2016
 
2585
 
Laurel
 
MD
 
5,585

 
3,895

 
13,331

 
1,527

 
3,895

 
14,858

 
18,753

 
(2,131
)
 
2016
 
2902
 
North Bethesda
 
MD
 
—

 
3,798

 
21,430

 
352

 
3,798

 
21,782

 
25,580

 
(597
)
 
2019
 
2920
 
Farmington Hills
 
MI
 
—

 
1,013

 
12,119

 
1,042

 
1,013

 
12,413

 
13,426

 
(4,241
)
 
1998
 
2900
 
Plymouth Township
 
MI
 
—

 
1,494

 
16,060

 
656

 
1,494

 
16,716

 
18,210

 
(443
)
 
2019
 
2908
 
Des Peres
 
MO
 
—

 
4,361

 
20,664

 
2,397

 
4,361

 
22,443

 
26,804

 
(7,175
)
 
1998
 
2909
 
Richmond Heights
 
MO
 
—

 
1,744

 
24,232

 
1,192

 
1,744

 
24,740

 
26,484

 
(8,051
)
 
1998
 
2776
 
Mooresville
 
NC
 
—

 
2,538

 
37,617

 
2,427

 
2,538

 
40,044

 
42,582

 
(7,991
)
 
2012
 
2898
 
Greensboro
 
NC
 
—

 
1,272

 
29,249

 
447

 
1,272

 
29,696

 
30,968

 
(674
)
 
2019
 
2926
 
Raleigh
 
NC
 
—

 
1,191

 
11,532

 
1,332

 
1,191

 
12,276

 
13,467

 
(4,002
)
 
1998
 
2901
 
Omaha
 
NE
 
—

 
2,864

 
30,793

 
273

 
2,864

 
31,066

 
33,930

 
(783
)
 
2019
 
2780
 
Cherry Hill
 
NJ
 
—

 
2,420

 
11,042

 
2,874

 
2,420

 
13,366

 
15,786

 
(5,107
)
 
2010
 
2912
 
Cresskill
 
NJ
 
—

 
4,684

 
53,927

 
2,108

 
4,684

 
54,942

 
59,626

 
(17,854
)
 
1998
 
2897
 
Florham Park
 
NJ
 
—

 
8,587

 
30,666

 
805

 
8,587

 
31,471

 
40,058

 
(739
)
 
2019
 
2915
 
Madison
 
NJ
 
—

 
3,157

 
19,909

 
699

 
3,157

 
19,963

 
23,120

 
(6,494
)
 
1998
 
2781
 
Manahawkin
 
NJ
 
—

 
921

 
9,927

 
1,544

 
921

 
11,005

 
11,926

 
(3,937
)
 
2005
 
2907
 
Saddle River
 
NJ
 
—

 
1,784

 
15,625

 
1,180

 
1,784

 
16,055

 
17,839

 
(5,247
)
 
1998
 
2779
 
Voorhees Township
 
NJ
 
—

 
900

 
7,629

 
1,126

 
900

 
8,416

 
9,316

 
(3,826
)
 
1998
 
2905
 
West Orange
 
NJ
 
—

 
5,231

 
33,395

 
279

 
5,231

 
33,674

 
38,905

 
(787
)
 
2019
 
2589
 
Albuquerque
 
NM
 
—

 
767

 
9,324

 
1,750

 
767

 
10,575

 
11,342

 
(4,663
)
 
1996
 
2895
 
Dayton
 
OH
 
—

 
848

 
15,095

 
198

 
848

 
15,293

 
16,141

 
(397
)
 
2019
 
2893
 
Westlake
 
OH
 
—

 
1,908

 
13,039

 
181

 
1,908

 
13,220

 
15,128

 
(369
)
 
2019
 
3080
 
Haverford
 
PA
 
—

 
16,461

 
108,816

 
18,471

 
16,461

 
121,593

 
138,054

 
(41,223
)
 
1998
 
2784
 
Arlington
 
TX
 
—

 
2,494

 
12,192

 
1,138

 
2,540

 
12,574

 
15,114

 
(4,002
)
 
2006
 
2786
 
Friendswood
 
TX
 
—

 
400

 
7,354

 
984

 
400

 
8,017

 
8,417

 
(3,010
)
 
2002
 
2529
 
Grand Prairie
 
TX
 
—

 
865

 
10,650

 
1,670

 
865

 
12,320

 
13,185

 
(2,326
)
 
2015
 
2785
 
Houston
 
TX
 
—

 
835

 
7,195

 
992

 
835

 
8,187

 
9,022

 
(3,856
)
 
1997
 
3047
 
Lewisville
 
TX
 
—

 
4,228

 
35,835

 
603

 
4,228

 
36,438

 
40,666

 
(1,032
)
 
2019
 
2510
 
Temple
 
TX
 
—

 
2,354

 
52,859

 
2,053

 
2,354

 
53,709

 
56,063

 
(5,772
)
 
2015
 
2400
 
Victoria
 
TX
 
—

 
1,032

 
7,743

 
2,017

 
1,032

 
8,434

 
9,466

 
(1,851
)
 
2015
 
2605
 
Victoria
 
TX
 
—

 
175

 
4,290

 
4,812

 
175

 
7,647

 
7,822

 
(3,769
)
 
1995
 
2917
 
Arlington
 
VA
 
—

 
7,278

 
37,407

 
4,103

 
7,278

 
40,180

 
47,458

 
(13,749
)
 
1998
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
2919
 
Falls Church
 
VA
 
—

 
2,228

 
8,887

 
1,169

 
2,228

 
9,638

 
11,866

 
(3,356
)
 
1998
 
3081
 
Fort Belvoir
 
VA
 
—

 
11,594

 
99,528

 
16,735

 
11,594

 
112,578

 
124,172

 
(38,681
)
 
1998
 
2582
 
Fredericksburg
 
VA
 
—

 
2,370

 
19,725

 
492

 
2,370

 
20,216

 
22,586

 
(1,858
)
 
2016
 
2581
 
Leesburg
 
VA
 
11,725

 
1,340

 
17,605

 
1,395

 
1,340

 
19,000

 
20,340

 
(1,998
)
 
2016
 
2514
 
Richmond
 
VA
 
—

 
2,981

 
54,203

 
6,707

 
2,981

 
60,910

 
63,891

 
(6,940
)
 
2015
 
2913
 
Edmonds
 
WA
 
—

 
1,418

 
16,502

 
819

 
1,418

 
16,780

 
18,198

 
(5,354
)
 
1998
 
 
 
 
 
 
 
$
258,320

 
$
315,143

 
$
2,273,243

 
$
192,882

 
$
315,238

 
$
2,411,867

 
$
2,727,105

 
$
(415,276
)
 
 
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Life science
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1483
 
Brisbane
 
CA
 
$
—

 
$
8,498

 
$
500

 
$
12,714

 
$
8,498

 
$
13,214

 
$
21,712

 
$
—

 
2007
 
1484
 
Brisbane
 
CA
 
—

 
11,331

 
689

 
63,861

 
11,331

 
64,550

 
75,881

 
—

 
2007
 
1485
 
Brisbane
 
CA
 
—

 
11,331

 
600

 
9,106

 
11,331

 
9,706

 
21,037

 
—

 
2007
 
1486
 
Brisbane
 
CA
 
—

 
11,331

 
—

 
179,627

 
11,331

 
179,627

 
190,958

 
—

 
2007
 
1487
 
Brisbane
 
CA
 
—

 
8,498

 
—

 
11,621

 
8,498

 
11,621

 
20,119

 
—

 
2007
 
2874
 
Brisbane
 
CA
 
—

 
64,186

 
62,318

 
997

 
64,186

 
63,271

 
127,457

 
(1,599
)
 
2019
 
2875
 
Brisbane
 
CA
 
—

 
58,410

 
56,623

 
130

 
58,410

 
56,743

 
115,153

 
(1,510
)
 
2019
 
1401
 
Hayward
 
CA
 
—

 
900

 
7,100

 
2,065

 
900

 
8,311

 
9,211

 
(2,347
)
 
2007
 
1402
 
Hayward
 
CA
 
—

 
1,500

 
6,400

 
3,682

 
1,719

 
9,644

 
11,363

 
(5,247
)
 
2007
 
1403
 
Hayward
 
CA
 
—

 
1,900

 
7,100

 
7,292

 
1,900

 
13,259

 
15,159

 
(3,868
)
 
2007
 
1404
 
Hayward
 
CA
 
—

 
2,200

 
17,200

 
1,776

 
2,200

 
18,976

 
21,176

 
(5,591
)
 
2007
 
1405
 
Hayward
 
CA
 
—

 
1,000

 
3,200

 
7,497

 
1,000

 
10,697

 
11,697

 
(8,086
)
 
2007
 
1549
 
Hayward
 
CA
 
—

 
1,006

 
4,259

 
3,919

 
1,055

 
6,063

 
7,118

 
(2,723
)
 
2007
 
1550
 
Hayward
 
CA
 
—

 
677

 
2,761

 
5,837

 
710

 
3,057

 
3,767

 
(1,735
)
 
2007
 
1551
 
Hayward
 
CA
 
—

 
661

 
1,995

 
4,632

 
693

 
2,408

 
3,101

 
(1,066
)
 
2007
 
1552
 
Hayward
 
CA
 
—

 
1,187

 
7,139

 
1,889

 
1,222

 
7,885

 
9,107

 
(3,533
)
 
2007
 
1553
 
Hayward
 
CA
 
—

 
1,189

 
9,465

 
7,361

 
1,225

 
16,229

 
17,454

 
(7,563
)
 
2007
 
1554
 
Hayward
 
CA
 
—

 
1,246

 
5,179

 
3,332

 
1,283

 
7,562

 
8,845

 
(3,542
)
 
2007
 
1555
 
Hayward
 
CA
 
—

 
1,521

 
13,546

 
6,956

 
1,566

 
20,398

 
21,964

 
(9,405
)
 
2007
 
1556
 
Hayward
 
CA
 
—

 
1,212

 
5,120

 
4,660

 
1,249

 
6,791

 
8,040

 
(2,659
)
 
2007
 
1424
 
La Jolla
 
CA
 
—

 
9,600

 
25,283

 
12,511

 
9,719

 
34,365

 
44,084

 
(10,347
)
 
2007
 
1425
 
La Jolla
 
CA
 
—

 
6,200

 
19,883

 
1,661

 
6,276

 
21,420

 
27,696

 
(6,311
)
 
2007
 
1426
 
La Jolla
 
CA
 
—

 
7,200

 
12,412

 
13,593

 
7,287

 
22,680

 
29,967

 
(7,827
)
 
2007
 
1427
 
La Jolla
 
CA
 
—

 
8,700

 
16,983

 
7,128

 
8,767

 
22,255

 
31,022

 
(9,216
)
 
2007
 
1949
 
La Jolla
 
CA
 
—

 
2,686

 
11,045

 
843

 
2,686

 
11,548

 
14,234

 
(3,539
)
 
2011
 
2229
 
La Jolla
 
CA
 
—

 
8,753

 
32,528

 
9,320

 
8,777

 
41,451

 
50,228

 
(6,882
)
 
2014
 
1470
 
Poway
 
CA
 
—

 
5,826

 
12,200

 
6,048

 
5,826

 
12,542

 
18,368

 
(3,830
)
 
2007
 
1471
 
Poway
 
CA
 
—

 
5,978

 
14,200

 
4,253

 
5,978

 
14,200

 
20,178

 
(4,408
)
 
2007
 
1472
 
Poway
 
CA
 
—

 
8,654

 
—

 
11,906

 
8,654

 
11,906

 
20,560

 
(2,098
)
 
2007
 
1473
 
Poway
 
CA
 
—

 
11,024

 
2,405

 
26,607

 
11,024

 
29,012

 
40,036

 
(2,212
)
 
2019
 
1474
 
Poway
 
CA
 
—

 
5,051

 
—

 
10,501

 
5,051

 
10,501

 
15,552

 
—

 
2019
 
1475
 
Poway
 
CA
 
—

 
5,655

 
—

 
10,192

 
5,655

 
10,192

 
15,847

 
—

 
2007
 
1478
 
Poway
 
CA
 
—

 
6,700

 
14,400

 
6,145

 
6,700

 
14,400

 
21,100

 
(4,470
)
 
2007
 
1499
 
Redwood City
 
CA
 
—

 
3,400

 
5,500

 
2,307

 
3,407

 
6,907

 
10,314

 
(3,304
)
 
2007
 
1500
 
Redwood City
 
CA
 
—

 
2,500

 
4,100

 
1,220

 
2,506

 
4,563

 
7,069

 
(1,806
)
 
2007
 
1501
 
Redwood City
 
CA
 
—

 
3,600

 
4,600

 
1,678

 
3,607

 
5,842

 
9,449

 
(2,062
)
 
2007
 
1502
 
Redwood City
 
CA
 
—

 
3,100

 
5,100

 
954

 
3,107

 
5,801

 
8,908

 
(2,376
)
 
2007
 
1503
 
Redwood City
 
CA
 
—

 
4,800

 
17,300

 
4,169

 
4,818

 
19,817

 
24,635

 
(5,863
)
 
2007
 
1504
 
Redwood City
 
CA
 
—

 
5,400

 
15,500

 
8,341

 
5,418

 
23,819

 
29,237

 
(6,148
)
 
2007
 
1505
 
Redwood City
 
CA
 
—

 
3,000

 
3,500

 
826

 
3,006

 
4,115

 
7,121

 
(2,038
)
 
2007
 
1506
 
Redwood City
 
CA
 
—

 
6,000

 
14,300

 
14,666

 
6,018

 
28,340

 
34,358

 
(8,162
)
 
2007
 
1507
 
Redwood City
 
CA
 
—

 
1,900

 
12,800

 
13,722

 
1,912

 
26,510

 
28,422

 
(10,668
)
 
2007
 
1508
 
Redwood City
 
CA
 
—

 
2,700

 
11,300

 
12,309

 
2,712

 
18,046

 
20,758

 
(4,331
)
 
2007
 
1509
 
Redwood City
 
CA
 
—

 
2,700

 
10,900

 
10,476

 
2,712

 
20,841

 
23,553

 
(10,553
)
 
2007
 
1510
 
Redwood City
 
CA
 
—

 
2,200

 
12,000

 
9,890

 
2,212

 
17,996

 
20,208

 
(4,281
)
 
2007
 
1511
 
Redwood City
 
CA
 
—

 
2,600

 
9,300

 
6,120

 
2,612

 
14,808

 
17,420

 
(3,228
)
 
2007
 
1512
 
Redwood City
 
CA
 
—

 
3,300

 
18,000

 
12,398

 
3,300

 
30,398

 
33,698

 
(11,493
)
 
2007
 
1513
 
Redwood City
 
CA
 
—

 
3,300

 
17,900

 
15,279

 
3,326

 
33,153

 
36,479

 
(14,297
)
 
2007
 
0678
 
San Diego
 
CA
 
—

 
2,603

 
11,051

 
3,166

 
2,603

 
14,217

 
16,820

 
(5,368
)
 
2002
 
0679
 
San Diego
 
CA
 
—

 
5,269

 
23,566

 
27,021

 
5,669

 
46,887

 
52,556

 
(15,055
)
 
2002
 
0837
 
San Diego
 
CA
 
—

 
4,630

 
2,028

 
9,100

 
4,630

 
5,193

 
9,823

 
(1,600
)
 
2006
 
0838
 
San Diego
 
CA
 
—

 
2,040

 
903

 
5,189

 
2,040

 
4,138

 
6,178

 
(878
)
 
2006
 
0839
 
San Diego
 
CA
 
—

 
3,940

 
3,184

 
6,003

 
4,047

 
4,917

 
8,964

 
(1,730
)
 
2006
 
0840
 
San Diego
 
CA
 
—

 
5,690

 
4,579

 
789

 
5,830

 
4,802

 
10,632

 
(1,916
)
 
2006
 
1418
 
San Diego
 
CA
 
—

 
11,700

 
31,243

 
9,087

 
11,700

 
33,968

 
45,668

 
(9,190
)
 
2007
 
1419
 
San Diego
 
CA
 
—

 
2,324

 
—

 
2,977

 
2,324

 
2,977

 
5,301

 
—

 
2007
 
1420
 
San Diego
 
CA
 
—

 
4,200

 
—

 
4,432

 
4,200

 
4,432

 
8,632

 
—

 
2007
 
1421
 
San Diego
 
CA
 
—

 
7,000

 
33,779

 
1,209

 
7,000

 
34,988

 
41,988

 
(11,124
)
 
2007
 
1422
 
San Diego
 
CA
 
—

 
7,179

 
3,687

 
4,900

 
7,336

 
8,391

 
15,727

 
(3,538
)
 
2007
 
1423
 
San Diego
 
CA
 
—

 
8,400

 
33,144

 
9,191

 
8,400

 
42,335

 
50,735

 
(9,537
)
 
2007
 
1514
 
San Diego
 
CA
 
—

 
5,200

 
—

 
—

 
5,200

 
—

 
5,200

 
—

 
2007
 
1558
 
San Diego
 
CA
 
—

 
7,740

 
22,654

 
3,829

 
7,888

 
25,104

 
32,992

 
(8,138
)
 
2007
 
1947
 
San Diego
 
CA
 
—

 
2,581

 
10,534

 
4,231

 
2,581

 
14,765

 
17,346

 
(4,682
)
 
2011
 
1948
 
San Diego
 
CA
 
—

 
5,879

 
25,305

 
3,385

 
5,879

 
26,392

 
32,271

 
(7,671
)
 
2011
 
2197
 
San Diego
 
CA
 
—

 
7,621

 
3,913

 
8,541

 
7,626

 
11,158

 
18,784

 
(3,529
)
 
2007
 
2476
 
San Diego
 
CA
 
—

 
7,661

 
9,918

 
7,418

 
7,661

 
17,336

 
24,997

 
(206
)
 
2016
 
2477
 
San Diego
 
CA
 
—

 
9,207

 
14,613

 
6,558

 
9,207

 
21,171

 
30,378

 
(2,916
)
 
2016
 
2478
 
San Diego
 
CA
 
—

 
6,000

 
—

 
1,857

 
6,000

 
1,857

 
7,857

 
—

 
2016
 
2617
 
San Diego
 
CA
 
—

 
2,734

 
5,195

 
13,847

 
2,734

 
19,042

 
21,776

 
—

 
2017
 
2618
 
San Diego
 
CA
 
—

 
4,100

 
12,395

 
10,929

 
4,100

 
23,324

 
27,424

 
(1,224
)
 
2017
 
2622
 
San Diego(3)
 
CA
 
—

 
—

 
—

 
14,477

 
—

 
14,477

 
14,477

 
—

 
2004
 
2872
 
San Diego
 
CA
 
—

 
10,120

 
38,351

 
1,044

 
10,120

 
39,395

 
49,515

 
(1,673
)
 
2018
 
2873
 
San Diego
 
CA
 
—

 
6,052

 
14,122

 
57

 
6,052

 
14,460

 
20,512

 
(908
)
 
2018
 
3069
 
San Diego
 
CA
 
—

 
7,054

 
7,794

 
25

 
7,054

 
7,819

 
14,873

 
(208
)
 
2019
 
1407
 
South San Francisco
 
CA
 
—

 
7,182

 
12,140

 
10,011

 
7,186

 
13,393

 
20,579

 
(4,572
)
 
2007
 
1408
 
South San Francisco
 
CA
 
—

 
9,000

 
17,800

 
1,498

 
9,000

 
18,275

 
27,275

 
(5,696
)
 
2007
 
1409
 
South San Francisco
 
CA
 
—

 
18,000

 
38,043

 
5,260

 
18,000

 
43,303

 
61,303

 
(13,699
)
 
2007
 
1410
 
South San Francisco
 
CA
 
—

 
4,900

 
18,100

 
12,533

 
4,900

 
30,544

 
35,444

 
(6,604
)
 
2007
 
1411
 
South San Francisco
 
CA
 
—

 
8,000

 
27,700

 
12,065

 
8,000

 
39,682

 
47,682

 
(8,087
)
 
2007
 
1412
 
South San Francisco
 
CA
 
—

 
10,100

 
22,521

 
4,143

 
10,100

 
26,425

 
36,525

 
(7,898
)
 
2007
 
1413
 
South San Francisco
 
CA
 
—

 
8,000

 
28,299

 
7,923

 
8,000

 
36,222

 
44,222

 
(10,092
)
 
2007
 
1414
 
South San Francisco
 
CA
 
—

 
3,700

 
20,800

 
2,248

 
3,700

 
22,845

 
26,545

 
(7,797
)
 
2007
 
1430
 
South San Francisco
 
CA
 
—

 
10,700

 
23,621

 
21,011

 
10,700

 
42,099

 
52,799

 
(6,791
)
 
2007
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
1431
 
South San Francisco
 
CA
 
—

 
7,000

 
15,500

 
9,791

 
7,000

 
25,291

 
32,291

 
(5,425
)
 
2007
 
1435
 
South San Francisco
 
CA
 
—

 
13,800

 
42,500

 
37,058

 
13,800

 
79,558

 
93,358

 
(25,206
)
 
2008
 
1436
 
South San Francisco
 
CA
 
—

 
14,500

 
45,300

 
36,935

 
14,500

 
82,235

 
96,735

 
(25,647
)
 
2008
 
1437
 
South San Francisco
 
CA
 
—

 
9,400

 
24,800

 
50,146

 
9,400

 
73,376

 
82,776

 
(22,442
)
 
2008
 
1439
 
South San Francisco
 
CA
 
—

 
11,900

 
68,848

 
115

 
11,900

 
68,963

 
80,863

 
(21,400
)
 
2007
 
1440
 
South San Francisco
 
CA
 
—

 
10,000

 
57,954

 
400

 
10,000

 
58,354

 
68,354

 
(18,005
)
 
2007
 
1441
 
South San Francisco
 
CA
 
—

 
9,300

 
43,549

 
8

 
9,300

 
43,557

 
52,857

 
(13,521
)
 
2007
 
1442
 
South San Francisco
 
CA
 
—

 
11,000

 
47,289

 
91

 
11,000

 
47,380

 
58,380

 
(14,751
)
 
2007
 
1443
 
South San Francisco
 
CA
 
—

 
13,200

 
60,932

 
2,642

 
13,200

 
63,574

 
76,774

 
(19,688
)
 
2007
 
1444
 
South San Francisco
 
CA
 
—

 
10,500

 
33,776

 
923

 
10,500

 
34,699

 
45,199

 
(10,754
)
 
2007
 
1445
 
South San Francisco
 
CA
 
—

 
10,600

 
34,083

 
9

 
10,600

 
34,092

 
44,692

 
(10,583
)
 
2007
 
1458
 
South San Francisco
 
CA
 
—

 
10,900

 
20,900

 
8,808

 
10,909

 
24,072

 
34,981

 
(9,029
)
 
2007
 
1459
 
South San Francisco
 
CA
 
—

 
3,600

 
100

 
1,246

 
3,600

 
1,346

 
4,946

 
(94
)
 
2007
 
1460
 
South San Francisco
 
CA
 
—

 
2,300

 
100

 
291

 
2,300

 
391

 
2,691

 
(100
)
 
2007
 
1461
 
South San Francisco
 
CA
 
—

 
3,900

 
200

 
504

 
3,900

 
704

 
4,604

 
(200
)
 
2007
 
1462
 
South San Francisco
 
CA
 
—

 
7,117

 
600

 
5,773

 
7,117

 
4,588

 
11,705

 
(1,151
)
 
2007
 
1463
 
South San Francisco
 
CA
 
—

 
10,381

 
2,300

 
20,861

 
10,381

 
20,813

 
31,194

 
(5,054
)
 
2007
 
1464
 
South San Francisco
 
CA
 
—

 
7,403

 
700

 
11,638

 
7,403

 
7,987

 
15,390

 
(1,862
)
 
2007
 
1468
 
South San Francisco
 
CA
 
—

 
10,100

 
24,013

 
15,810

 
10,100

 
36,067

 
46,167

 
(8,028
)
 
2007
 
1480
 
South San Francisco
 
CA
 
—

 
32,210

 
3,110

 
18,900

 
32,210

 
22,010

 
54,220

 
—

 
2007
 
1559
 
South San Francisco
 
CA
 
—

 
5,666

 
5,773

 
12,970

 
5,695

 
18,645

 
24,340

 
(14,055
)
 
2007
 
1560
 
South San Francisco
 
CA
 
—

 
1,204

 
1,293

 
2,888

 
1,210

 
4,060

 
5,270

 
(1,578
)
 
2007
 
1983
 
South San Francisco
 
CA
 
—

 
8,648

 
—

 
96,070

 
8,648

 
96,070

 
104,718

 
(15,537
)
 
2016
 
1984
 
South San Francisco
 
CA
 
—

 
7,845

 
—

 
84,770

 
7,844

 
84,771

 
92,615

 
(10,799
)
 
2017
 
1985
 
South San Francisco
 
CA
 
—

 
6,708

 
—

 
121,730

 
6,708

 
121,730

 
128,438

 
(13,100
)
 
2017
 
1986
 
South San Francisco
 
CA
 
—

 
6,708

 
—

 
107,108

 
6,708

 
107,108

 
113,816

 
(8,895
)
 
2018
 
1987
 
South San Francisco
 
CA
 
—

 
8,544

 
—

 
99,902

 
8,544

 
99,902

 
108,446

 
(3,683
)
 
2019
 
1988
 
South San Francisco
 
CA
 
—

 
10,120

 
—

 
119,864

 
10,120

 
119,864

 
129,984

 
(3,982
)
 
2019
 
1989
 
South San Francisco
 
CA
 
—

 
9,169

 
—

 
80,263

 
9,169

 
80,263

 
89,432

 
—

 
2011
 
2553
 
South San Francisco
 
CA
 
—

 
2,897

 
8,691

 
2,821

 
2,897

 
11,512

 
14,409

 
(1,898
)
 
2015
 
2554
 
South San Francisco
 
CA
 
—

 
995

 
2,754

 
2,174

 
995

 
4,928

 
5,923

 
(650
)
 
2015
 
2555
 
South San Francisco
 
CA
 
—

 
2,202

 
10,776

 
770

 
2,202

 
11,546

 
13,748

 
(1,425
)
 
2015
 
2556
 
South San Francisco
 
CA
 
—

 
2,962

 
15,108

 
1,005

 
2,962

 
16,113

 
19,075

 
(1,834
)
 
2015
 
2557
 
South San Francisco
 
CA
 
—

 
2,453

 
13,063

 
3,616

 
2,453

 
16,679

 
19,132

 
(2,302
)
 
2015
 
2558
 
South San Francisco
 
CA
 
—

 
1,163

 
5,925

 
58

 
1,163

 
5,983

 
7,146

 
(706
)
 
2015
 
2614
 
South San Francisco
 
CA
 
—

 
5,079

 
8,584

 
1,731

 
5,083

 
9,662

 
14,745

 
(3,424
)
 
2007
 
2615
 
South San Francisco
 
CA
 
—

 
7,984

 
13,495

 
3,243

 
7,988

 
14,809

 
22,797

 
(5,553
)
 
2007
 
2616
 
South San Francisco
 
CA
 
—

 
8,355

 
14,121

 
1,876

 
8,358

 
14,565

 
22,923

 
(5,158
)
 
2007
 
2624
 
South San Francisco
 
CA
 
—

 
25,502

 
42,910

 
6,169

 
25,502

 
48,949

 
74,451

 
(4,116
)
 
2017
 
2870
 
South San Francisco
 
CA
 
—

 
23,297

 
41,797

 
18,374

 
23,297

 
60,171

 
83,468

 
(839
)
 
2018
 
2871
 
South San Francisco
 
CA
 
—

 
20,293

 
41,262

 
20,625

 
20,293

 
61,887

 
82,180

 
(3,057
)
 
2018
 
9999
 
Denton
 
TX
 
—

 
100

 
—

 
—

 
100

 
—

 
100

 
—

 
2016
 
2928
 
Cambridge
 
MA
 
—

 
44,215

 
24,120

 
—

 
44,215

 
24,120

 
68,335

 
(1,075
)
 
2019
 
2929
 
Cambridge
 
MA
 
—

 
20,517

 
—

 
2,047

 
20,517

 
2,047

 
22,564

 
—

 
2019
 
3074
 
Cambridge
 
MA
 
—

 
78,762

 
252,136

 
—

 
78,762

 
252,136

 
330,898

 
(602
)
 
2019
 
2630
 
Lexington
 
MA
 
—

 
16,411

 
49,681

 
484

 
16,411

 
50,165

 
66,576

 
(4,821
)
 
2017
 
2631
 
Lexington
 
MA
 
—

 
7,759

 
142,081

 
15,100

 
7,759

 
155,463

 
163,222

 
(8,785
)
 
2017
 
2632
 
Lexington
 
MA
 
—

 
—

 
21,390

 
53,439

 
—

 
74,829

 
74,829

 
—

 
2018
 
3070
 
Lexington
 
MA
 
—

 
14,013

 
17,092

 
—

 
14,013

 
17,092

 
31,105

 
(275
)
 
2019
 
3071
 
Lexington
 
MA
 
—

 
14,930

 
16,677

 
—

 
14,930

 
16,677

 
31,607

 
(350
)
 
2019
 
3072
 
Lexington
 
MA
 
—

 
35,469

 
43,903

 
—

 
35,469

 
43,903

 
79,372

 
(790
)
 
2019
 
3073
 
Lexington
 
MA
 
—

 
37,050

 
44,647

 
—

 
37,050

 
44,647

 
81,697

 
(758
)
 
2019
 
2011
 
Durham
 
NC
 
4,620

 
448

 
6,152

 
21,524

 
448

 
23,852

 
24,300

 
(5,997
)
 
2011
 
2030
 
Durham
 
NC
 
—

 
1,920

 
5,661

 
34,749

 
1,920

 
40,410

 
42,330

 
(10,874
)
 
2012
 
0464
 
Salt Lake City
 
UT
 
—

 
630

 
6,921

 
2,562

 
630

 
9,482

 
10,112

 
(4,019
)
 
2001
 
0465
 
Salt Lake City
 
UT
 
—

 
125

 
6,368

 
68

 
125

 
6,436

 
6,561

 
(2,675
)
 
2001
 
0466
 
Salt Lake City
 
UT
 
—

 
—

 
14,614

 
7

 
—

 
14,621

 
14,621

 
(5,527
)
 
2001
 
0799
 
Salt Lake City
 
UT
 
—

 
—

 
14,600

 
90

 
—

 
14,690

 
14,690

 
(4,711
)
 
2005
 
1593
 
Salt Lake City
 
UT
 
—

 
—

 
23,998

 
—

 
—

 
23,998

 
23,998

 
(6,848
)
 
2010
 
 
 
 
 
 
 
$
4,620

 
$
1,208,071

 
$
2,497,762

 
$
1,950,017

 
$
1,210,155

 
$
4,316,615

 
$
5,526,770

 
$
(748,189
)
 
 
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
Medical office
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
0638
 
Anchorage
 
AK
 
$
—

 
$
1,456

 
$
10,650

 
$
12,384

 
$
1,456

 
$
22,981

 
$
24,437

 
$
(8,902
)
 
2006
 
2572
 
Springdale
 
AR
 
—

 
—

 
27,714

 
—

 
—

 
27,714

 
27,714

 
(2,748
)
 
2016
 
0520
 
Chandler
 
AZ
 
—

 
3,669

 
13,503

 
6,885

 
3,749

 
19,077

 
22,826

 
(6,360
)
 
2002
 
2040
 
Mesa
 
AZ
 
—

 
—

 
17,314

 
1,662

 
—

 
18,775

 
18,775

 
(3,608
)
 
2012
 
0468
 
Oro Valley
 
AZ
 
—

 
1,050

 
6,774

 
995

 
1,084

 
7,160

 
8,244

 
(3,335
)
 
2001
 
0356
 
Phoenix
 
AZ
 
—

 
780

 
3,199

 
2,807

 
865

 
4,999

 
5,864

 
(2,609
)
 
1999
 
0470
 
Phoenix
 
AZ
 
—

 
280

 
877

 
172

 
280

 
1,014

 
1,294

 
(427
)
 
2001
 
1066
 
Scottsdale
 
AZ
 
—

 
5,115

 
14,064

 
4,434

 
4,839

 
16,988

 
21,827

 
(6,134
)
 
2006
 
2021
 
Scottsdale
 
AZ
 
—

 
—

 
12,312

 
4,023

 
—

 
15,826

 
15,826

 
(5,317
)
 
2012
 
2022
 
Scottsdale
 
AZ
 
—

 
—

 
9,179

 
1,890

 
—

 
10,919

 
10,919

 
(4,322
)
 
2012
 
2023
 
Scottsdale
 
AZ
 
—

 
—

 
6,398

 
2,079

 
—

 
8,235

 
8,235

 
(2,841
)
 
2012
 
2024
 
Scottsdale
 
AZ
 
—

 
—

 
9,522

 
925

 
32

 
10,349

 
10,381

 
(3,399
)
 
2012
 
2025
 
Scottsdale
 
AZ
 
—

 
—

 
4,102

 
2,230

 
—

 
6,116

 
6,116

 
(2,384
)
 
2012
 
2026
 
Scottsdale
 
AZ
 
—

 
—

 
3,655

 
2,179

 
—

 
5,648

 
5,648

 
(1,624
)
 
2012
 
2027
 
Scottsdale
 
AZ
 
—

 
—

 
7,168

 
2,508

 
—

 
9,452

 
9,452

 
(3,156
)
 
2012
 
2028
 
Scottsdale
 
AZ
 
—

 
—

 
6,659

 
4,024

 
—

 
10,683

 
10,683

 
(3,067
)
 
2012
 
0453
 
Tucson
 
AZ
 
—

 
215

 
6,318

 
1,576

 
326

 
7,225

 
7,551

 
(4,032
)
 
2000
 
0556
 
Tucson
 
AZ
 
—

 
215

 
3,940

 
1,678

 
267

 
5,138

 
5,405

 
(2,038
)
 
2003
 
1041
 
Brentwood
 
CA
 
—

 
—

 
30,864

 
3,135

 
309

 
32,897

 
33,206

 
(11,460
)
 
2006
 
1200
 
Encino
 
CA
 
—

 
6,151

 
10,438

 
6,340

 
6,757

 
14,584

 
21,341

 
(5,751
)
 
2006
 
1038
 
Fresno
 
CA
 
—

 
3,652

 
29,113

 
21,935

 
3,652

 
51,048

 
54,700

 
(18,753
)
 
2006
 
0436
 
Murrieta
 
CA
 
—

 
400

 
9,266

 
5,067

 
749

 
12,400

 
13,149

 
(6,729
)
 
1999
 
0239
 
Poway
 
CA
 
—

 
2,700

 
10,839

 
4,929

 
2,965

 
13,121

 
16,086

 
(7,477
)
 
1997
 
2654
 
Riverside
 
CA
 
—

 
2,758

 
9,908

 
444

 
2,758

 
10,315

 
13,073

 
(872
)
 
2017
 
0318
 
Sacramento
 
CA
 
—

 
2,860

 
37,566

 
27,503

 
2,911

 
63,526

 
66,437

 
(15,815
)
 
1998
 
2404
 
Sacramento
 
CA
 
—

 
1,268

 
5,109

 
996

 
1,299

 
6,045

 
7,344

 
(1,242
)
 
2015
 
0234
 
San Diego
 
CA
 
—

 
2,848

 
5,879

 
1,450

 
3,009

 
4,981

 
7,990

 
(3,559
)
 
1997
 
0235
 
San Diego
 
CA
 
—

 
2,863

 
8,913

 
2,913

 
3,068

 
7,475

 
10,543

 
(5,033
)
 
1997
 
0236
 
San Diego
 
CA
 
—

 
4,619

 
19,370

 
4,023

 
4,711

 
15,996

 
20,707

 
(10,428
)
 
1997
 
0421
 
San Diego
 
CA
 
—

 
2,910

 
19,984

 
16,395

 
2,964

 
35,006

 
37,970

 
(11,554
)
 
1999
 
0564
 
San Jose
 
CA
 
—

 
1,935

 
1,728

 
2,922

 
1,935

 
3,242

 
5,177

 
(1,522
)
 
2003
 
0565
 
San Jose
 
CA
 
—

 
1,460

 
7,672

 
1,010

 
1,460

 
8,201

 
9,661

 
(3,462
)
 
2003
 
0659
 
Los Gatos
 
CA
 
—

 
1,718

 
3,124

 
685

 
1,758

 
3,453

 
5,211

 
(1,436
)
 
2000
 
0439
 
Valencia
 
CA
 
—

 
2,300

 
6,967

 
4,243

 
2,404

 
9,027

 
11,431

 
(4,539
)
 
1999
 
1211
 
Valencia
 
CA
 
—

 
1,344

 
7,507

 
881

 
1,383

 
8,002

 
9,385

 
(2,753
)
 
2006
 
0440
 
West Hills
 
CA
 
—

 
2,100

 
11,595

 
4,725

 
2,259

 
12,145

 
14,404

 
(6,617
)
 
1999
 
0728
 
Aurora
 
CO
 
—

 
—

 
8,764

 
3,384

 
—

 
9,362

 
9,362

 
(4,027
)
 
2005
 
1196
 
Aurora
 
CO
 
—

 
210

 
12,362

 
7,378

 
210

 
18,794

 
19,004

 
(5,469
)
 
2006
 
1197
 
Aurora
 
CO
 
—

 
200

 
8,414

 
5,818

 
285

 
13,512

 
13,797

 
(4,545
)
 
2006
 
0882
 
Colorado Springs
 
CO
 
—

 
—

 
12,933

 
11,330

 
—

 
20,207

 
20,207

 
(6,923
)
 
2006
 
1199
 
Denver
 
CO
 
—

 
493

 
7,897

 
1,865

 
622

 
8,721

 
9,343

 
(3,687
)
 
2006
 
0808
 
Englewood
 
CO
 
—

 
—

 
8,616

 
9,521

 
11

 
16,263

 
16,274

 
(7,772
)
 
2005
 
0809
 
Englewood
 
CO
 
—

 
—

 
8,449

 
5,219

 
—

 
11,502

 
11,502

 
(4,590
)
 
2005
 
0810
 
Englewood
 
CO
 
—

 
—

 
8,040

 
13,629

 
—

 
19,028

 
19,028

 
(6,453
)
 
2005
 
0811
 
Englewood
 
CO
 
—

 
—

 
8,472

 
10,255

 
—

 
16,948

 
16,948

 
(5,354
)
 
2005
 
2658
 
Highlands Ranch
 
CO
 
—

 
1,637

 
10,063

 
—

 
1,637

 
10,063

 
11,700

 
(774
)
 
2017
 
0812
 
Littleton
 
CO
 
—

 
—

 
4,562

 
2,583

 
257

 
5,710

 
5,967

 
(2,672
)
 
2005
 
0813
 
Littleton
 
CO
 
—

 
—

 
4,926

 
2,511

 
106

 
6,277

 
6,383

 
(2,356
)
 
2005
 
0570
 
Lone Tree(3)                
 
CO
 
—

 
—

 
—

 
21,061

 
—

 
19,853

 
19,853

 
(7,586
)
 
2003
 
0666
 
Lone Tree
 
CO
 
—

 
—

 
23,274

 
4,408

 
17

 
25,586

 
25,603

 
(9,071
)
 
2000
 
2233
 
Lone Tree
 
CO
 
—

 
—

 
6,734

 
30,220

 
—

 
36,843

 
36,843

 
(6,438
)
 
2014
 
1076
 
Parker
 
CO
 
—

 
—

 
13,388

 
1,212

 
8

 
14,282

 
14,290

 
(5,189
)
 
2006
 
0510
 
Thornton
 
CO
 
—

 
236

 
10,206

 
4,400

 
463

 
12,862

 
13,325

 
(5,435
)
 
2002
 
0434
 
Atlantis
 
FL
 
—

 
—

 
2,027

 
462

 
5

 
2,269

 
2,274

 
(1,242
)
 
1999
 
0435
 
Atlantis
 
FL
 
—

 
—

 
2,000

 
1,190

 
—

 
2,578

 
2,578

 
(1,353
)
 
1999
 
0602
 
Atlantis
 
FL
 
—

 
455

 
2,231

 
1,025

 
455

 
2,863

 
3,318

 
(1,215
)
 
2000
 
2963
 
Brooksville(3)
 
FL
 
—

 
—

 
—

 
782

 
—

 
782

 
782

 
—

 
2019
 
0604
 
Englewood
 
FL
 
—

 
170

 
1,134

 
503

 
226

 
1,306

 
1,532

 
(577
)
 
2000
 
2962
 
Jacksonville(3)
 
FL
 
—

 
—

 
—

 
347

 
—

 
347

 
347

 
—

 
2019
 
0609
 
Kissimmee
 
FL
 
—

 
788

 
174

 
1,225

 
788

 
1,256

 
2,044

 
(322
)
 
2000
 
0610
 
Kissimmee
 
FL
 
—

 
481

 
347

 
790

 
494

 
778

 
1,272

 
(436
)
 
2000
 
0671
 
Kissimmee
 
FL
 
—

 
—

 
7,574

 
2,674

 
—

 
8,357

 
8,357

 
(3,188
)
 
2000
 
0603
 
Lake Worth
 
FL
 
—

 
1,507

 
2,894

 
1,807

 
1,507

 
4,541

 
6,048

 
(2,445
)
 
2000
 
0612
 
Margate
 
FL
 
—

 
1,553

 
6,898

 
2,143

 
1,553

 
8,697

 
10,250

 
(3,395
)
 
2000
 
0613
 
Miami
 
FL
 
—

 
4,392

 
11,841

 
5,688

 
4,392

 
14,920

 
19,312

 
(5,933
)
 
2000
 
2202
 
Miami
 
FL
 
—

 
—

 
13,123

 
7,994

 
—

 
20,815

 
20,815

 
(4,796
)
 
2014
 
2203
 
Miami
 
FL
 
—

 
—

 
8,877

 
3,915

 
—

 
12,698

 
12,698

 
(2,897
)
 
2014
 
1067
 
Milton
 
FL
 
—

 
—

 
8,566

 
649

 
—

 
9,172

 
9,172

 
(2,999
)
 
2006
 
2577
 
Naples
 
FL
 
—

 
—

 
29,186

 
1,367

 
—

 
30,553

 
30,553

 
(2,711
)
 
2016
 
2578
 
Naples
 
FL
 
—

 
—

 
18,819

 
702

 
—

 
19,521

 
19,521

 
(1,483
)
 
2016
 
2964
 
Okeechobee(3)
 
FL
 
—

 
—

 
—

 
89

 
—

 
89

 
89

 
—

 
2019
 
0563
 
Orlando
 
FL
 
—

 
2,144

 
5,136

 
15,562

 
12,268

 
8,412

 
20,680

 
(5,077
)
 
2003
 
0833
 
Pace
 
FL
 
—

 
—

 
10,309

 
3,624

 
26

 
11,613

 
11,639

 
(3,709
)
 
2006
 
0834
 
Pensacola
 
FL
 
—

 
—

 
11,166

 
669

 
—

 
11,835

 
11,835

 
(3,908
)
 
2006
 
0673
 
Plantation
 
FL
 
—

 
1,091

 
7,176

 
2,059

 
1,091

 
8,675

 
9,766

 
(3,266
)
 
2002
 
2579
 
Punta Gorda
 
FL
 
—

 
—

 
9,379

 
—

 
—

 
9,379

 
9,379

 
(839
)
 
2016
 
2833
 
St. Petersburg
 
FL
 
—

 
—

 
13,754

 
14,642

 
—

 
25,323

 
25,323

 
(7,091
)
 
2006
 
2836
 
Tampa
 
FL
 
—

 
1,967

 
6,618

 
8,216

 
2,722

 
10,872

 
13,594

 
(5,355
)
 
2006
 
1058
 
Blue Ridge
 
GA
 
—

 
—

 
3,231

 
260

 
—

 
3,473

 
3,473

 
(1,150
)
 
2006
 
2576
 
Statesboro
 
GA
 
—

 
—

 
10,234

 
194

 
—

 
10,428

 
10,428

 
(1,249
)
 
2016
 
1065
 
Marion
 
IL
 
—

 
99

 
11,538

 
2,118

 
100

 
13,213

 
13,313

 
(4,267
)
 
2006
 
1057
 
Newburgh
 
IN
 
—

 
—

 
14,019

 
5,280

 
—

 
19,291

 
19,291

 
(6,777
)
 
2006
 
2039
 
Kansas City
 
KS
 
—

 
440

 
2,173

 
17

 
448

 
2,137

 
2,585

 
(460
)
 
2012
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
2043
 
Overland Park
 
KS
 
—

 
—

 
7,668

 
1,386

 
—

 
9,054

 
9,054

 
(1,989
)
 
2012
 
3062
 
Overland Park
 
KS
 
—

 
872

 
11,813

 
27

 
872

 
11,840

 
12,712

 
(403
)
 
2019
 
0483
 
Wichita
 
KS
 
—

 
530

 
3,341

 
713

 
530

 
3,617

 
4,147

 
(1,433
)
 
2001
 
1064
 
Lexington
 
KY
 
—

 
—

 
12,726

 
2,032

 
—

 
14,501

 
14,501

 
(5,294
)
 
2006
 
0735
 
Louisville
 
KY
 
—

 
936

 
8,426

 
18,384

 
936

 
24,203

 
25,139

 
(10,700
)
 
2005
 
0737
 
Louisville
 
KY
 
—

 
835

 
27,627

 
8,368

 
878

 
33,296

 
34,174

 
(12,872
)
 
2005
 
0738
 
Louisville
 
KY
 
—

 
780

 
8,582

 
6,643

 
851

 
12,630

 
13,481

 
(8,657
)
 
2005
 
0739
 
Louisville
 
KY
 
—

 
826

 
13,814

 
3,020

 
832

 
15,295

 
16,127

 
(5,549
)
 
2005
 
2834
 
Louisville
 
KY
 
—

 
2,983

 
13,171

 
6,815

 
2,991

 
18,508

 
21,499

 
(8,608
)
 
2005
 
1944
 
Louisville
 
KY
 
—

 
788

 
2,414

 
—

 
788

 
2,414

 
3,202

 
(869
)
 
2010
 
1945
 
Louisville
 
KY
 
—

 
3,255

 
28,644

 
1,770

 
3,291

 
29,880

 
33,171

 
(9,019
)
 
2010
 
1946
 
Louisville
 
KY
 
—

 
430

 
6,125

 
197

 
430

 
6,322

 
6,752

 
(1,906
)
 
2010
 
2237
 
Louisville
 
KY
 
—

 
1,519

 
15,386

 
3,943

 
1,648

 
19,194

 
20,842

 
(4,220
)
 
2014
 
2238
 
Louisville
 
KY
 
—

 
1,334

 
12,172

 
2,293

 
1,511

 
14,208

 
15,719

 
(3,381
)
 
2014
 
2239
 
Louisville
 
KY
 
—

 
1,644

 
10,832

 
5,804

 
2,041

 
16,191

 
18,232

 
(4,029
)
 
2014
 
1324
 
Haverhill
 
MA
 
—

 
800

 
8,537

 
2,335

 
869

 
9,092

 
9,961

 
(3,027
)
 
2007
 
1213
 
Ellicott City
 
MD
 
—

 
1,115

 
3,206

 
3,154

 
1,222

 
4,955

 
6,177

 
(2,256
)
 
2006
 
1052
 
Towson
 
MD
 
—

 
—

 
14,233

 
4,619

 
—

 
13,549

 
13,549

 
(4,159
)
 
2006
 
2650
 
Biddeford
 
ME
 
—

 
1,949

 
12,244

 
—

 
1,949

 
12,244

 
14,193

 
(916
)
 
2017
 
0240
 
Minneapolis
 
MN
 
—

 
117

 
13,213

 
5,342

 
117

 
17,273

 
17,390

 
(9,168
)
 
1997
 
0300
 
Minneapolis
 
MN
 
—

 
160

 
10,131

 
5,006

 
160

 
13,891

 
14,051

 
(8,084
)
 
1997
 
2032
 
Independence
 
MO
 
—

 
—

 
48,025

 
2,743

 
—

 
49,741

 
49,741

 
(8,353
)
 
2012
 
2863
 
Lee's Summit(3)
 
MO
 
—

 
—

 
—

 
7,557

 
—

 
7,557

 
7,557

 
—

 
2019
 
1078
 
Flowood
 
MS
 
—

 
—

 
8,413

 
1,239

 
—

 
8,984

 
8,984

 
(2,840
)
 
2006
 
1059
 
Jackson
 
MS
 
—

 
—

 
8,868

 
231

 
—

 
9,091

 
9,091

 
(2,998
)
 
2006
 
1060
 
Jackson
 
MS
 
—

 
—

 
7,187

 
2,270

 
—

 
8,379

 
8,379

 
(2,725
)
 
2006
 
1068
 
Omaha
 
NE
 
—

 
—

 
16,243

 
1,589

 
17

 
17,457

 
17,474

 
(6,176
)
 
2006
 
2651
 
Charlotte
 
NC
 
—

 
2,001

 
11,217

 
87

 
2,001

 
11,267

 
13,268

 
(776
)
 
2017
 
2655
 
Wilmington
 
NC
 
—

 
1,341

 
17,376

 
—

 
1,341

 
17,376

 
18,717

 
(1,408
)
 
2017
 
2656
 
Wilmington
 
NC
 
—

 
2,071

 
11,592

 
—

 
2,071

 
11,592

 
13,663

 
(858
)
 
2017
 
2657
 
Shallotte
 
NC
 
—

 
918

 
3,609

 
—

 
918

 
3,609

 
4,527

 
(369
)
 
2017
 
2647
 
Concord
 
NH
 
—

 
1,961

 
23,516

 
109

 
1,961

 
23,419

 
25,380

 
(1,633
)
 
2017
 
2648
 
Concord
 
NH
 
—

 
815

 
8,902

 
421

 
815

 
9,323

 
10,138

 
(800
)
 
2017
 
2649
 
Epsom
 
NH
 
—

 
919

 
5,868

 
38

 
919

 
5,906

 
6,825

 
(643
)
 
2017
 
0729
 
Albuquerque
 
NM
 
—

 
—

 
5,380

 
755

 
—

 
5,596

 
5,596

 
(1,918
)
 
2005
 
0571
 
Las Vegas(3)                
 
NV
 
—

 
—

 
—

 
20,710

 
—

 
18,592

 
18,592

 
(6,847
)
 
2003
 
0660
 
Las Vegas
 
NV
 
—

 
1,121

 
4,363

 
7,746

 
1,328

 
8,579

 
9,907

 
(3,149
)
 
2000
 
0661
 
Las Vegas
 
NV
 
—

 
2,305

 
4,829

 
6,211

 
2,447

 
4,828

 
7,275

 
(4,966
)
 
2000
 
0662
 
Las Vegas
 
NV
 
—

 
3,480

 
12,305

 
6,506

 
3,480

 
15,535

 
19,015

 
(6,322
)
 
2000
 
0663
 
Las Vegas
 
NV
 
—

 
1,717

 
3,597

 
12,143

 
1,724

 
13,892

 
15,616

 
(4,025
)
 
2000
 
0664
 
Las Vegas
 
NV
 
—

 
1,172

 
—

 
633

 
1,805

 
—

 
1,805

 
(179
)
 
2000
 
0691
 
Las Vegas
 
NV
 
—

 
3,244

 
18,339

 
8,391

 
3,338

 
25,148

 
28,486

 
(11,806
)
 
2004
 
2037
 
Mesquite
 
NV
 
—

 
—

 
5,559

 
782

 
34

 
6,197

 
6,231

 
(1,166
)
 
2012
 
0400
 
Harrison
 
OH
 
—

 
—

 
4,561

 
300

 
—

 
4,861

 
4,861

 
(2,898
)
 
1999
 
1054
 
Durant
 
OK
 
—

 
619

 
9,256

 
2,361

 
659

 
11,520

 
12,179

 
(3,774
)
 
2006
 
0817
 
Owasso
 
OK
 
—

 
—

 
6,582

 
1,599

 
—

 
5,657

 
5,657

 
(1,878
)
 
2005
 
0404
 
Roseburg
 
OR
 
—

 
—

 
5,707

 
700

 
—

 
6,407

 
6,407

 
(3,931
)
 
1999
 
2570
 
Limerick
 
PA
 
—

 
925

 
20,072

 
51

 
925

 
20,123

 
21,048

 
(2,343
)
 
2016
 
2234
 
Philadelphia
 
PA
 
—

 
24,264

 
99,904

 
39,586

 
24,288

 
139,329

 
163,617

 
(17,840
)
 
2014
 
2403
 
Philadelphia
 
PA
 
—

 
26,063

 
97,646

 
18,609

 
26,134

 
116,184

 
142,318

 
(21,338
)
 
2015
 
2571
 
Wilkes-Barre
 
PA
 
—

 
—

 
9,138

 
—

 
—

 
9,138

 
9,138

 
(1,093
)
 
2016
 
2573
 
Florence
 
SC
 
—

 
—

 
12,090

 
91

 
—

 
12,181

 
12,181

 
(1,157
)
 
2016
 
2574
 
Florence
 
SC
 
—

 
—

 
12,190

 
88

 
—

 
12,278

 
12,278

 
(1,165
)
 
2016
 
2575
 
Florence
 
SC
 
—

 
—

 
11,243

 
56

 
—

 
11,299

 
11,299

 
(1,315
)
 
2016
 
2841
 
Greenville
 
SC
 
—

 
634

 
38,386

 
—

 
634

 
38,386

 
39,020

 
(2,553
)
 
2018
 
2842
 
Greenville
 
SC
 
—

 
794

 
41,293

 
475

 
794

 
41,768

 
42,562

 
(2,782
)
 
2018
 
2843
 
Greenville
 
SC
 
—

 
626

 
22,210

 
—

 
626

 
22,210

 
22,836

 
(1,547
)
 
2018
 
2844
 
Greenville
 
SC
 
—

 
806

 
18,889

 
—

 
806

 
18,889

 
19,695

 
(1,376
)
 
2018
 
2845
 
Greenville
 
SC
 
—

 
932

 
40,879

 
—

 
932

 
40,879

 
41,811

 
(2,518
)
 
2018
 
2846
 
Greenville
 
SC
 
—

 
896

 
38,486

 
—

 
896

 
38,485

 
39,381

 
(2,404
)
 
2018
 
2847
 
Greenville
 
SC
 
—

 
600

 
26,472

 
576

 
600

 
27,048

 
27,648

 
(2,174
)
 
2018
 
2848
 
Greenville
 
SC
 
—

 
318

 
5,816

 
—

 
318

 
5,816

 
6,134

 
(396
)
 
2018
 
2849
 
Greenville
 
SC
 
—

 
319

 
5,836

 
—

 
319

 
5,836

 
6,155

 
(440
)
 
2018
 
2850
 
Greenville
 
SC
 
—

 
211

 
6,503

 
—

 
211

 
6,503

 
6,714

 
(497
)
 
2018
 
2853
 
Greenville
 
SC
 
—

 
534

 
6,430

 
—

 
534

 
6,430

 
6,964

 
(791
)
 
2018
 
2854
 
Greenville
 
SC
 
—

 
824

 
13,645

 
17

 
824

 
13,662

 
14,486

 
(1,211
)
 
2018
 
2851
 
Travelers Rest
 
SC
 
—

 
498

 
1,015

 
—

 
498

 
1,015

 
1,513

 
(223
)
 
2018
 
2862
 
Myrtle Beach(3)
 
SC
 
—

 
—

 
—

 
25,516

 
—

 
25,516

 
25,516

 
(177
)
 
2018
 
2865
 
Brentwood(3)             
 
TN
 
—

 
—

 
—

 
10,332

 
—

 
10,332

 
10,332

 
—

 
2019
 
0624
 
Hendersonville
 
TN
 
—

 
256

 
1,530

 
2,809

 
256

 
3,443

 
3,699

 
(1,266
)
 
2000
 
0559
 
Hermitage
 
TN
 
—

 
830

 
5,036

 
13,180

 
851

 
16,080

 
16,931

 
(4,365
)
 
2003
 
0561
 
Hermitage
 
TN
 
—

 
596

 
9,698

 
7,037

 
596

 
14,514

 
15,110

 
(6,681
)
 
2003
 
0562
 
Hermitage
 
TN
 
—

 
317

 
6,528

 
3,981

 
317

 
8,574

 
8,891

 
(3,709
)
 
2003
 
0154
 
Knoxville
 
TN
 
—

 
700

 
4,559

 
5,087

 
700

 
8,825

 
9,525

 
(5,032
)
 
1994
 
0625
 
Nashville
 
TN
 
—

 
955

 
14,289

 
5,557

 
955

 
17,592

 
18,547

 
(6,517
)
 
2000
 
0626
 
Nashville
 
TN
 
—

 
2,050

 
5,211

 
5,054

 
2,055

 
8,838

 
10,893

 
(3,897
)
 
2000
 
0627
 
Nashville
 
TN
 
—

 
1,007

 
181

 
1,155

 
1,113

 
965

 
2,078

 
(357
)
 
2000
 
0628
 
Nashville
 
TN
 
—

 
2,980

 
7,164

 
4,418

 
2,980

 
10,536

 
13,516

 
(4,563
)
 
2000
 
0630
 
Nashville
 
TN
 
—

 
515

 
848

 
437

 
528

 
1,072

 
1,600

 
(433
)
 
2000
 
0631
 
Nashville
 
TN
 
—

 
266

 
1,305

 
1,740

 
266

 
2,438

 
2,704

 
(1,087
)
 
2000
 
0632
 
Nashville
 
TN
 
—

 
827

 
7,642

 
5,308

 
827

 
10,582

 
11,409

 
(4,095
)
 
2000
 
0633
 
Nashville
 
TN
 
—

 
5,425

 
12,577

 
7,041

 
5,425

 
16,453

 
21,878

 
(7,441
)
 
2000
 
0634
 
Nashville
 
TN
 
—

 
3,818

 
15,185

 
11,430

 
3,818

 
23,466

 
27,284

 
(10,394
)
 
2000
 
0636
 
Nashville
 
TN
 
—

 
583

 
450

 
403

 
583

 
760

 
1,343

 
(288
)
 
2000
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
2967
 
Nashville(3)                
 
TN
 
—

 
—

 
—

 
85

 
—

 
85

 
85

 
—

 
2019
 
2611
 
Allen
 
TX
 
—

 
1,330

 
5,960

 
621

 
1,374

 
6,537

 
7,911

 
(709
)
 
2016
 
2612
 
Allen
 
TX
 
—

 
1,310

 
4,165

 
629

 
1,310

 
4,794

 
6,104

 
(624
)
 
2016
 
0573
 
Arlington
 
TX
 
—

 
769

 
12,355

 
4,793

 
769

 
15,519

 
16,288

 
(6,546
)
 
2003
 
2621
 
Cedar Park
 
TX
 
—

 
1,617

 
11,640

 
73

 
1,617

 
11,713

 
13,330

 
(712
)
 
2017
 
0576
 
Conroe
 
TX
 
—

 
324

 
4,842

 
3,945

 
324

 
7,284

 
7,608

 
(2,607
)
 
2000
 
0577
 
Conroe
 
TX
 
—

 
397

 
7,966

 
2,647

 
397

 
9,923

 
10,320

 
(4,374
)
 
2000
 
0578
 
Conroe
 
TX
 
—

 
388

 
7,975

 
4,477

 
388

 
10,421

 
10,809

 
(4,026
)
 
2006
 
0579
 
Conroe
 
TX
 
—

 
188

 
3,618

 
1,358

 
188

 
4,778

 
4,966

 
(2,131
)
 
2000
 
0581
 
Corpus Christi
 
TX
 
—

 
717

 
8,181

 
6,344

 
717

 
12,057

 
12,774

 
(5,252
)
 
2000
 
0600
 
Corpus Christi
 
TX
 
—

 
328

 
3,210

 
4,540

 
328

 
5,873

 
6,201

 
(2,574
)
 
2000
 
0601
 
Corpus Christi
 
TX
 
—

 
313

 
1,771

 
2,084

 
325

 
3,103

 
3,428

 
(1,384
)
 
2000
 
2839
 
Cypress(3)
 
TX
 
—

 
—

 
—

 
35,839

 
11

 
35,828

 
35,839

 
(5,800
)
 
2015
 
0582
 
Dallas
 
TX
 
—

 
1,664

 
6,785

 
5,468

 
1,747

 
10,094

 
11,841

 
(3,915
)
 
2000
 
1314
 
Dallas
 
TX
 
—

 
15,230

 
162,970

 
44,309

 
24,102

 
194,387

 
218,489

 
(67,606
)
 
2006
 
1319
 
Dallas
 
TX
 
—

 
18,840

 
155,659

 
4,196

 
18,840

 
159,855

 
178,695

 
(57,671
)
 
2007
 
0583
 
Fort Worth
 
TX
 
—

 
898

 
4,866

 
4,009

 
898

 
7,972

 
8,870

 
(2,999
)
 
2000
 
0805
 
Fort Worth
 
TX
 
—

 
—

 
2,481

 
1,595

 
2

 
3,562

 
3,564

 
(1,914
)
 
2005
 
0806
 
Fort Worth
 
TX
 
—

 
—

 
6,070

 
1,274

 
5

 
7,037

 
7,042

 
(2,504
)
 
2005
 
2231
 
Fort Worth
 
TX
 
—

 
902

 
—

 
44

 
946

 
—

 
946

 
(21
)
 
2014
 
2619
 
Fort Worth
 
TX
 
—

 
1,180

 
13,432

 
19

 
1,180

 
13,451

 
14,631

 
(764
)
 
2017
 
2620
 
Fort Worth
 
TX
 
—

 
1,961

 
14,155

 
138

 
1,961

 
14,293

 
16,254

 
(846
)
 
2017
 
2982
 
Fort Worth
 
TX
 
—

 
2,720

 
6,225

 
50

 
2,720

 
6,275

 
8,995

 
—

 
2019
 
1061
 
Granbury
 
TX
 
—

 
—

 
6,863

 
1,125

 
—

 
7,848

 
7,848

 
(2,579
)
 
2006
 
0430
 
Houston
 
TX
 
—

 
1,927

 
33,140

 
18,670

 
2,200

 
49,099

 
51,299

 
(22,994
)
 
1999
 
0446
 
Houston
 
TX
 
—

 
2,200

 
19,585

 
21,987

 
2,945

 
32,853

 
35,798

 
(20,856
)
 
1999
 
0589
 
Houston
 
TX
 
—

 
1,676

 
12,602

 
7,377

 
1,706

 
16,726

 
18,432

 
(6,815
)
 
2000
 
0670
 
Houston
 
TX
 
—

 
257

 
2,884

 
1,626

 
318

 
3,660

 
3,978

 
(1,571
)
 
2000
 
0702
 
Houston
 
TX
 
—

 
—

 
7,414

 
3,749

 
7

 
9,964

 
9,971

 
(3,592
)
 
2004
 
1044
 
Houston
 
TX
 
—

 
—

 
4,838

 
3,599

 
—

 
6,555

 
6,555

 
(2,123
)
 
2006
 
2542
 
Houston
 
TX
 
—

 
304

 
17,764

 
—

 
304

 
17,764

 
18,068

 
(2,455
)
 
2015
 
2543
 
Houston
 
TX
 
—

 
116

 
6,555

 
—

 
116

 
6,555

 
6,671

 
(1,070
)
 
2015
 
2544
 
Houston
 
TX
 
—

 
312

 
12,094

 
—

 
312

 
12,094

 
12,406

 
(1,990
)
 
2015
 
2545
 
Houston
 
TX
 
—

 
316

 
13,931

 
—

 
316

 
13,931

 
14,247

 
(1,745
)
 
2015
 
2546
 
Houston
 
TX
 
—

 
408

 
18,332

 
—

 
408

 
18,332

 
18,740

 
(3,606
)
 
2015
 
2547
 
Houston
 
TX
 
—

 
470

 
18,197

 
—

 
470

 
18,197

 
18,667

 
(3,032
)
 
2015
 
2548
 
Houston
 
TX
 
—

 
313

 
7,036

 
—

 
313

 
7,036

 
7,349

 
(1,501
)
 
2015
 
2549
 
Houston
 
TX
 
—

 
530

 
22,711

 
—

 
530

 
22,711

 
23,241

 
(2,509
)
 
2015
 
0590
 
Irving
 
TX
 
—

 
828

 
6,160

 
3,499

 
828

 
8,926

 
9,754

 
(3,981
)
 
2000
 
0700
 
Irving
 
TX
 
—

 
—

 
8,550

 
4,120

 
8

 
11,612

 
11,620

 
(5,838
)
 
2006
 
1207
 
Irving
 
TX
 
—

 
1,955

 
12,793

 
2,242

 
1,986

 
14,866

 
16,852

 
(5,596
)
 
2006
 
2840
 
Kingwood
 
TX
 
—

 
3,035

 
28,373

 
1,378

 
3,422

 
29,364

 
32,786

 
(3,391
)
 
2016
 
0591
 
Lewisville
 
TX
 
—

 
561

 
8,043

 
2,458

 
561

 
9,806

 
10,367

 
(4,096
)
 
2000
 
0144
 
Longview
 
TX
 
—

 
102

 
7,998

 
850

 
102

 
8,405

 
8,507

 
(4,692
)
 
1992
 
0143
 
Lufkin
 
TX
 
—

 
338

 
2,383

 
299

 
338

 
2,609

 
2,947

 
(1,354
)
 
1992
 
0568
 
McKinney
 
TX
 
—

 
541

 
6,217

 
3,907

 
541

 
9,081

 
9,622

 
(3,558
)
 
2003
 
0569
 
McKinney
 
TX
 
—

 
—

 
636

 
8,832

 
—

 
8,565

 
8,565

 
(3,258
)
 
2003
 
1079
 
Nassau Bay
 
TX
 
—

 
—

 
8,942

 
1,787

 
—

 
10,113

 
10,113

 
(3,703
)
 
2006
 
0596
 
N Richland Hills
 
TX
 
—

 
812

 
8,883

 
3,446

 
812

 
11,311

 
12,123

 
(4,595
)
 
2000
 
2048
 
North Richland Hills
 
TX
 
—

 
1,385

 
10,213

 
2,197

 
1,400

 
12,111

 
13,511

 
(3,649
)
 
2012
 
2835
 
Pearland
 
TX
 
—

 
—

 
4,014

 
4,800

 
—

 
7,363

 
7,363

 
(2,489
)
 
2006
 
2838
 
Pearland(3)
 
TX
 
—

 
—

 
—

 
19,120

 
—

 
19,120

 
19,120

 
(2,549
)
 
2014
 
0447
 
Plano
 
TX
 
—

 
1,700

 
7,810

 
6,696

 
1,792

 
13,450

 
15,242

 
(7,640
)
 
1999
 
0597
 
Plano
 
TX
 
—

 
1,210

 
9,588

 
6,171

 
1,225

 
14,322

 
15,547

 
(5,627
)
 
2000
 
0672
 
Plano
 
TX
 
—

 
1,389

 
12,768

 
3,490

 
1,389

 
14,633

 
16,022

 
(5,723
)
 
2002
 
1284
 
Plano
 
TX
 
—

 
2,049

 
18,793

 
2,450

 
2,162

 
18,575

 
20,737

 
(9,838
)
 
2006
 
1286
 
Plano
 
TX
 
—

 
3,300

 
—

 
—

 
3,300

 
—

 
3,300

 
—

 
2006
 
2653
 
Rockwall
 
TX
 
—

 
788

 
9,020

 
—

 
788

 
9,020

 
9,808

 
(630
)
 
2017
 
0815
 
San Antonio
 
TX
 
—

 
—

 
9,193

 
3,212

 
87

 
11,294

 
11,381

 
(4,419
)
 
2006
 
0816
 
San Antonio
 
TX
 
2,838

 
—

 
8,699

 
3,885

 
175

 
11,515

 
11,690

 
(4,668
)
 
2006
 
1591
 
San Antonio
 
TX
 
—

 
—

 
7,309

 
730

 
43

 
7,958

 
8,001

 
(2,805
)
 
2010
 
2837
 
San Antonio
 
TX
 
—

 
—

 
26,191

 
2,999

 
—

 
28,750

 
28,750

 
(8,781
)
 
2011
 
2852
 
Shenandoah(3)
 
TX
 
—

 
—

 
—

 
28,562

 
—

 
28,562

 
28,562

 
(2,644
)
 
2016
 
0598
 
Sugarland
 
TX
 
—

 
1,078

 
5,158

 
3,882

 
1,170

 
7,551

 
8,721

 
(2,956
)
 
2000
 
0599
 
Texas City
 
TX
 
—

 
—

 
9,519

 
943

 
—

 
10,305

 
10,305

 
(3,519
)
 
2000
 
0152
 
Victoria
 
TX
 
—

 
125

 
8,977

 
411

 
125

 
9,388

 
9,513

 
(5,378
)
 
1994
 
2550
 
The Woodlands
 
TX
 
—

 
115

 
5,141

 
—

 
115

 
5,141

 
5,256

 
(726
)
 
2015
 
2551
 
The Woodlands
 
TX
 
—

 
296

 
18,282

 
—

 
296

 
18,282

 
18,578

 
(2,223
)
 
2015
 
2552
 
The Woodlands
 
TX
 
—

 
374

 
25,125

 
—

 
374

 
25,125

 
25,499

 
(2,723
)
 
2015
 
1592
 
Bountiful
 
UT
 
—

 
999

 
7,426

 
1,115

 
1,019

 
8,467

 
9,486

 
(2,690
)
 
2010
 
0169
 
Bountiful
 
UT
 
—

 
276

 
5,237

 
2,048

 
397

 
6,464

 
6,861

 
(3,246
)
 
1995
 
0346
 
Castle Dale
 
UT
 
—

 
50

 
1,818

 
163

 
50

 
1,918

 
1,968

 
(1,099
)
 
1998
 
0347
 
Centerville
 
UT
 
—

 
300

 
1,288

 
255

 
300

 
1,373

 
1,673

 
(801
)
 
1999
 
2035
 
Draper
 
UT
 
4,760

 
—

 
10,803

 
607

 
—

 
11,278

 
11,278

 
(2,085
)
 
2012
 
0469
 
Kaysville
 
UT
 
—

 
530

 
4,493

 
226

 
530

 
4,639

 
5,169

 
(1,961
)
 
2001
 
0456
 
Layton
 
UT
 
—

 
371

 
7,073

 
1,498

 
389

 
8,185

 
8,574

 
(4,344
)
 
2001
 
2042
 
Layton
 
UT
 
—

 
—

 
10,975

 
672

 
27

 
11,386

 
11,413

 
(1,943
)
 
2012
 
2864
 
Ogden(3)                    
 
UT
 
—

 
—

 
—

 
6,833

 
—

 
6,833

 
6,833

 
—

 
2019
 
0357
 
Orem
 
UT
 
—

 
337

 
8,744

 
3,284

 
306

 
9,363

 
9,669

 
(5,022
)
 
1999
 
0353
 
Salt Lake City
 
UT
 
—

 
190

 
779

 
235

 
273

 
870

 
1,143

 
(540
)
 
1999
 
0354
 
Salt Lake City
 
UT
 
—

 
220

 
10,732

 
3,322

 
220

 
12,997

 
13,217

 
(7,194
)
 
1999
 
0355
 
Salt Lake City
 
UT
 
—

 
180

 
14,792

 
2,950

 
180

 
16,872

 
17,052

 
(9,956
)
 
1999
 
0467
 
Salt Lake City
 
UT
 
—

 
3,000

 
7,541

 
2,887

 
3,145

 
9,748

 
12,893

 
(4,476
)
 
2001
 
0566
 
Salt Lake City
 
UT
 
—

 
509

 
4,044

 
3,820

 
509

 
7,153

 
7,662

 
(2,966
)
 
2003
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
Year Acquired/ Constructed
    

 
City
 
State
 
    
Land
    
Buildings and Improvements
 
 
Land
    
Buildings and Improvements
    
Total(1)
 
 
 
2041
 
Salt Lake City
 
UT
 
—

 
—

 
12,326

 
738

 
—

 
13,043

 
13,043

 
(2,437
)
 
2012
 
2033
 
Sandy
 
UT
 
—

 
867

 
3,513

 
1,725

 
1,343

 
4,615

 
5,958

 
(1,710
)
 
2012
 
0482
 
Stansbury
 
UT
 
—

 
450

 
3,201

 
1,210

 
529

 
3,939

 
4,468

 
(1,541
)
 
2001
 
0351
 
Washington Terrace
 
UT
 
—

 
—

 
4,573

 
2,516

 
17

 
5,655

 
5,672

 
(3,480
)
 
1999
 
0352
 
Washington Terrace
 
UT
 
—

 
—

 
2,692

 
1,726

 
15

 
3,682

 
3,697

 
(1,976
)
 
1999
 
2034
 
West Jordan
 
UT
 
—

 
—

 
12,021

 
323

 
—

 
12,142

 
12,142

 
(2,108
)
 
2012
 
2036
 
West Jordan
 
UT
 
99

 
—

 
1,383

 
1,621

 
—

 
2,875

 
2,875

 
(957
)
 
2012
 
0495
 
West Valley City
 
UT
 
—

 
410

 
8,266

 
998

 
410

 
8,255

 
8,665

 
(4,127
)
 
2002
 
1208
 
Fairfax
 
VA
 
—

 
8,396

 
16,710

 
14,020

 
8,840

 
29,002

 
37,842

 
(11,531
)
 
2006
 
2230
 
Fredericksburg
 
VA
 
—

 
1,101

 
8,570

 
—

 
1,101

 
8,570

 
9,671

 
(1,326
)
 
2014
 
0572
 
Reston
 
VA
 
—

 
—

 
11,902

 
967

 
—

 
11,905

 
11,905

 
(5,196
)
 
2003
 
0448
 
Renton
 
WA
 
—

 
—

 
18,724

 
4,608

 
—

 
22,054

 
22,054

 
(12,582
)
 
1999
 
0781
 
Seattle
 
WA
 
—

 
—

 
52,703

 
17,690

 
—

 
65,098

 
65,098

 
(27,756
)
 
2004
 
0782
 
Seattle
 
WA
 
—

 
—

 
24,382

 
13,823

 
126

 
34,710

 
34,836

 
(16,929
)
 
2004
 
0783
 
Seattle
 
WA
 
—

 
—

 
5,625

 
1,931

 
183

 
6,791

 
6,974

 
(6,113
)
 
2004
 
0785
 
Seattle
 
WA
 
—

 
—

 
7,293

 
6,216

 
—

 
13,542

 
13,542

 
(8,627
)
 
2004
 
1385
 
Seattle
 
WA
 
—

 
—

 
45,027

 
10,652

 
—

 
55,232

 
55,232

 
(19,610
)
 
2007
 
2038
 
Evanston
 
WY
 
—

 
—

 
4,601

 
1,023

 
—

 
5,556

 
5,556

 
(1,027
)
 
2012
 
 
 
 
 
 
 
$
7,697

 
$
299,527

 
$
3,174,966

 
$
1,140,578

 
$
329,365

 
$
4,051,385

 
$
4,380,750

 
$
(1,220,050
)
 
 
 

 
    
    
    
 
    
Encumbrances at December 31, 2019
 
Initial Cost to Company
    
Costs Capitalized Subsequent to Acquisition
    
Gross Amount at Which Carried
As of December 31, 2019
    
Accumulated Depreciation(2)
    
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

 
$
9,599

 
$
10,308

 
$
(6,099
)
 
1989
 
0113
 
Glendale
 
AZ
 
—

 
1,565

 
7,050

 
20

 
1,565

 
7,225

 
8,790

 
(4,621
)
 
1988
 
0423
 
Irvine
 
CA
 
—

 
18,000

 
70,800

 
—

 
18,000

 
70,800

 
88,800

 
(40,800
)
 
1999
 
0127
 
Colorado Springs
 
CO
 
—

 
690

 
8,338

 
—

 
690

 
8,415

 
9,105

 
(5,322
)
 
1989
 
0887
 
Atlanta
 
GA
 
—

 
4,300

 
13,690

 
—

 
4,300

 
11,890

 
16,190

 
(7,629
)
 
2007
 
0112
 
Overland Park
 
KS
 
—

 
2,316

 
10,681

 
24

 
2,316

 
10,797

 
13,113

 
(7,173
)
 
1988
 
0886
 
Dallas
 
TX
 
—

 
1,820

 
8,508

 
26

 
1,820

 
7,454

 
9,274

 
(2,391
)
 
2007
 
1384
 
Plano
 
TX
 
—

 
6,290

 
22,686

 
5,707

 
6,290

 
28,203

 
34,493

 
(17,051
)
 
2007
 
2198
 
Webster
 
TX
 
—

 
2,220

 
9,602

 
450

 
2,220

 
9,732

 
11,952

 
(2,321
)
 
2013
 
 
 
 
 
 
 
$
—

 
$
37,910

 
$
160,959

 
$
6,227

 
$
37,910

 
$
164,115

 
$
202,025

 
$
(93,407
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
 
 
 
$
276,907

 
$
1,960,439

 
$
8,959,509

 
$
3,324,605

 
$
1,992,602

 
$
11,812,375

 
$
13,804,977

 
$
(2,771,922
)
 
 
 
_______________________________________
(1)
At December 31, 2019, the tax basis of the Company’s net real estate assets is less than the reported amounts by $897 million (unaudited).
(2)
Buildings and improvements are depreciated over useful lives ranging up to 60 years.
(3)
Assets with no initial cost to the Company represent development projects in process or completed on land that the Company leases from a third party.
A summary of activity for real estate and accumulated depreciation follows (in thousands):
 
Year ended December 31,
 
2019
 
2018
 
2017
Real estate:
 
 
 
 
 
Balances at beginning of year
$
13,052,397

 
$
13,473,573

 
$
13,974,760

Acquisition of real estate and development and improvements
2,434,566

 
1,093,903

 
995,443

Sales and/or transfers to assets held for sale
(933,575
)
 
(1,052,145
)
 
(589,391
)
Deconsolidation of real estate
(769,355
)
 
(325,580
)
 
(825,074
)
Impairments
(219,613
)
 
(49,729
)
 
(37,274
)
Other(1)
240,557

 
(87,625
)
 
(44,891
)
Balances at end of year
$
13,804,977

 
$
13,052,397

 
$
13,473,573

Accumulated depreciation:
 
 
 
 
 
Balances at beginning of year
$
2,842,947

 
$
2,741,695

 
$
2,648,930

Depreciation expense
488,111

 
461,664

 
436,085

Sales and/or transfers to assets held for sale
(308,955
)
 
(239,231
)
 
(115,195
)
Deconsolidation of real estate
(152,036
)
 
(43,525
)
 
(152,572
)
Other(1)
(98,145
)
 
(77,656
)
 
(75,553
)
Balances at end of year
$
2,771,922

 
$
2,842,947

 
$
2,741,695

_______________________________________
(1)
Represents real estate and accumulated depreciation related to fully depreciated assets, foreign exchange translation, or changes in lease classification.