Schedule III: Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2022

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

Schedule III: Real Estate and Accumulated Depreciation

			Encumbrances at December 31, 2022		Initial Cost to Company				Costs Capitalized Subsequent to Acquisition		Gross Amount at Which Carried As of December 31, 2022						Accumulated Depreciation(4)		Year Constructed(5)	Year Acquired
	City	State			Land(1)		Buildings and Improvements(2)				Land		Buildings and Improvements		Total(3)
Life science
1483	Brisbane	CA	$	—	$	8,498	$	500	$	79,187	$	8,498	$	79,687	$	88,185	$	(2,999)	2022	2007
1484	Brisbane	CA	—		11,331		689		164,388		11,331		165,077		176,408		(4,493)		2022	2007
1485	Brisbane	CA	—		11,331		600		154,403		11,331		155,003		166,334		(5,015)		2022	2007
1486	Brisbane	CA	—		11,331		—		135,429		11,331		135,429		146,760		(16,899)		2020	2007
1487	Brisbane	CA	—		8,498		—		76,375		8,498		76,375		84,873		(4,497)		2020	2007
2874	Brisbane	CA	—		26,895		62,318		54,909		26,895		115,580		142,475		(8,023)		1989	2019
2875	Brisbane	CA	—		24,092		56,623		7,910		24,092		63,177		87,269		(8,006)		2000	2019
3139	Brisbane	CA	—		35,805		—		3,899		35,805		3,899		39,704		—		—	2019
3140	Brisbane	CA	—		35,805		—		1,202		35,805		1,202		37,007		—		—	2019
3142	Brisbane	CA	—		—		—		31		—		31		31		—		—	2007
1401	Hayward	CA	—		900		7,100		13,215		1,338		19,023		20,361		(4,187)		1996	2007
1402	Hayward	CA	—		1,500		6,400		4,605		1,719		7,111		8,830		(2,531)		1999	2007
1403	Hayward	CA	—		1,900		7,100		11,768		1,900		15,011		16,911		(4,783)		1998	2007
1404	Hayward	CA	—		2,200		17,200		8,244		2,200		25,444		27,644		(8,642)		1999	2007
1405	Hayward	CA	—		1,000		3,200		8,110		1,000		3,837		4,837		(1,448)		1999	2007
1549	Hayward	CA	—		1,006		4,259		6,919		1,055		8,699		9,754		(3,999)		1996	2007
1550	Hayward	CA	—		677		2,761		5,837		710		3,057		3,767		(2,006)		1996	2007
1551	Hayward	CA	—		661		1,995		7,358		693		5,134		5,827		(1,622)		1996	2007
1552	Hayward	CA	—		1,187		7,139		2,543		1,222		8,539		9,761		(5,059)		1996	2007
1553	Hayward	CA	—		1,189		9,465		7,361		1,225		16,230		17,455		(11,160)		1996	2007
1554	Hayward	CA	—		1,246		5,179		13,699		1,283		17,080		18,363		(4,905)		1996	2007
1555	Hayward	CA	—		1,521		13,546		7,541		1,566		20,982		22,548		(13,061)		1996	2007
1556	Hayward	CA	—		1,212		5,120		4,726		1,249		6,856		8,105		(4,254)		1996	2007
1424	La Jolla	CA	—		11,175		25,283		43,545		11,437		63,093		74,530		(12,454)		1982	2007
1425	La Jolla	CA	—		7,217		19,883		1,661		7,293		19,868		27,161		(7,690)		1981	2007
1426	La Jolla	CA	—		8,381		12,412		14,403		8,467		23,364		31,831		(13,475)		1984	2007
1427	La Jolla	CA	—		10,127		16,983		11,292		10,194		23,732		33,926		(10,055)		1982	2007
1949	La Jolla	CA	—		2,686		11,045		18,084		2,686		28,594		31,280		(6,677)		2021	2011
2229	La Jolla	CA	—		8,753		32,528		11,785		8,777		42,931		51,708		(12,222)		1986/2009	2014
1470	Poway	CA	—		5,826		12,200		6,048		5,826		12,541		18,367		(4,778)		2005	2007
1471	Poway	CA	—		5,978		14,200		4,253		5,978		14,200		20,178		(5,473)		2005	2007
1472	Poway	CA	—		8,654		—		11,895		8,654		11,895		20,549		(3,317)		2014	2007
1473	Poway	CA	—		11,024		2,405		26,187		11,024		27,857		38,881		(9,213)		2019	2007
1474	Poway	CA	—		5,051		—		19,939		5,051		19,939		24,990		(5,082)		2019	2007
1475	Poway	CA	—		5,655		—		10,302		5,655		10,302		15,957		(579)		2020	2007
1478	Poway	CA	—		6,700		14,400		6,145		6,700		14,400		21,100		(5,550)		2002	2007
1499	Redwood City	CA	—		3,400		5,500		3,333		3,462		7,152		10,614		(3,330)		1989	2007
1500	Redwood City	CA	—		2,500		4,100		1,703		2,506		5,041		7,547		(2,282)		1989	2007
1501	Redwood City	CA	—		3,600		4,600		2,328		3,607		6,485		10,092		(2,880)		1989	2007
1502	Redwood City	CA	—		3,100		5,100		1,471		3,107		6,200		9,307		(2,975)		1989	2007
1503	Redwood City	CA	—		4,800		17,300		10,044		4,818		25,558		30,376		(8,153)		1989	2007
1504	Redwood City	CA	—		5,400		15,500		11,996		5,418		27,461		32,879		(10,558)		1989	2007
1505	Redwood City	CA	—		3,000		3,500		5,773		3,006		8,798		11,804		(2,733)		1988	2007
1506	Redwood City	CA	—		6,000		14,300		14,929		6,018		28,586		34,604		(14,015)		1988	2007
1507	Redwood City	CA	—		1,900		12,800		17,383		1,912		23,468		25,380		(7,016)		1988/2011	2007
1508	Redwood City	CA	—		2,700		11,300		22,756		2,712		28,481		31,193		(7,902)		1988/2011	2007
1509	Redwood City	CA	—		2,700		10,900		10,493		2,712		14,012		16,724		(6,191)		1988	2007
1510	Redwood City	CA	—		2,200		12,000		11,009		2,212		18,794		21,006		(7,038)		1988	2007
1511	Redwood City	CA	—		2,600		9,300		21,497		2,612		30,166		32,778		(8,789)		1988	2007
1512	Redwood City	CA	—		3,300		18,000		19,100		3,300		37,072		40,372		(16,498)		2000	2007
1513	Redwood City	CA	—		3,300		17,900		15,954		3,326		29,933		33,259		(15,150)		2000	2007
678	San Diego	CA	—		2,603		11,051		3,514		2,766		14,402		17,168		(6,496)		1997	2004
679	San Diego	CA	—		5,269		23,566		31,885		5,669		51,751		57,420		(20,933)		1997	2004
837	San Diego	CA	—		4,630		2,028		9,262		4,630		5,330		9,960		(2,204)		1988/2012	2006
838	San Diego	CA	—		2,040		903		5,266		2,040		4,215		6,255		(1,210)		1988/2012	2006
839	San Diego	CA	—		3,940		3,184		7,320		4,046		5,951		9,997		(2,162)		1987	2006
840	San Diego	CA	—		5,690		4,579		1,114		5,830		5,126		10,956		(2,420)		1987	2006
1418	San Diego	CA	—		11,700		31,243		65,364		11,700		90,225		101,925		(12,855)		2022	2007
1419	San Diego	CA	—		2,324		—		33,097		2,324		33,097		35,421		(1,052)		2022	2007
1420	San Diego	CA	—		4,200		—		41,041		4,200		41,041		45,241		(839)		2022	2007
1421	San Diego	CA	—		7,000		33,779		1,209		7,000		33,779		40,779		(13,019)		2000	2007
1422	San Diego	CA	—		7,179		3,687		6,004		7,336		9,491		16,827		(5,542)		1984	2007
1423	San Diego	CA	—		8,400		33,144		32,248		8,400		65,384		73,784		(17,763)		2002/2020	2007
1558	San Diego	CA	—		7,740		22,654		79,394		7,888		98,330		106,218		(22,683)		—	2007
1947	San Diego	CA	—		2,581		10,534		4,484		2,581		15,019		17,600		(7,054)		2000	2011
1948	San Diego	CA	—		5,879		25,305		10,121		5,879		33,121		39,000		(11,270)		2001	2011
2197	San Diego	CA	—		7,621		3,913		8,763		7,626		11,375		19,001		(6,034)		1984	2007
2476	San Diego	CA	—		7,661		9,918		13,892		7,661		23,811		31,472		(2,551)		2000/2002	2016
2477	San Diego	CA	—		9,207		14,613		6,762		9,207		21,374		30,581		(6,135)		2000/2001	2016
2478	San Diego	CA	—		6,000		—		76,774		6,000		76,774		82,774		—		—	2016
2617	San Diego	CA	—		2,734		5,195		16,713		2,734		21,908		24,642		(8,204)		1991/2020	2017
2618	San Diego	CA	—		4,100		12,395		22,843		4,100		35,238		39,338		(8,884)		1991/2020	2017
2622	San Diego	CA	—		—		—		17,147		—		17,147		17,147		(1,225)		2020	2004
2872	San Diego	CA	—		10,120		38,351		1,044		10,120		39,996		50,116		(6,958)		1995	2018
2873	San Diego	CA	—		6,052		14,122		2,060		6,052		16,319		22,371		(2,853)		1997	2018

			Encumbrances at December 31, 2022	Initial Cost to Company		Costs Capitalized Subsequent to Acquisition	Gross Amount at Which Carried As of December 31, 2022			Accumulated Depreciation(4)	Year Constructed(5)	Year Acquired
	City	State		Land(1)	Buildings and Improvements(2)		Land	Buildings and Improvements	Total(3)
3069	San Diego	CA	—	7,054	7,794	19,627	7,054	27,083	34,137	(2,174)	2007/2021	2019
3110	San Diego	CA	—	20,584	—	2,765	20,584	2,765	23,349	—	—	2021
3111	San Diego	CA	—	24,830	—	729	24,830	729	25,559	(2)	—	2022
1410	South San Francisco	CA	—	4,900	18,100	13,022	4,900	30,312	35,212	(12,654)	2000/2019	2007
1411	South San Francisco	CA	—	8,000	27,700	38,753	8,000	60,871	68,871	(15,218)	2003/2019	2007
1412	South San Francisco	CA	—	10,100	22,521	11,660	10,100	32,039	42,139	(10,276)	1999	2007
1413	South San Francisco	CA	—	8,000	28,299	8,862	8,000	36,694	44,694	(15,735)	2000	2007
1430	South San Francisco	CA	—	10,700	23,621	29,985	10,700	51,141	61,841	(11,846)	1998/2019	2007
1431	South San Francisco	CA	—	7,000	15,500	9,733	7,000	25,172	32,172	(9,179)	2001	2007
1435	South San Francisco	CA	—	13,800	42,500	37,106	13,800	79,606	93,406	(33,867)	2008/2010	2007
1436	South San Francisco	CA	—	14,500	45,300	36,935	14,500	82,235	96,735	(34,174)	2008/2010	2007
1437	South San Francisco	CA	—	9,400	24,800	51,679	9,400	65,208	74,608	(24,038)	2008/2010	2007
1439	South San Francisco	CA	—	11,900	68,848	600	11,900	69,417	81,317	(26,546)	2003	2007
1440	South San Francisco	CA	—	10,000	57,954	400	10,000	58,355	68,355	(22,413)	2003	2007
1441	South San Francisco	CA	—	9,300	43,549	8	9,300	43,557	52,857	(16,790)	2003	2007
1442	South San Francisco	CA	—	11,000	47,289	41,919	11,000	89,119	100,119	(17,042)	2023	2007
1443	South San Francisco	CA	—	13,200	60,932	5,039	13,200	64,716	77,916	(23,882)	2007	2007
1444	South San Francisco	CA	—	10,500	33,776	1,260	10,500	34,698	45,198	(13,182)	2003	2007
1445	South San Francisco	CA	—	10,600	34,083	9	10,600	34,092	44,692	(13,142)	2003	2007
1458	South San Francisco	CA	—	10,900	20,900	13,870	10,909	26,479	37,388	(8,628)	2005	2007
1459	South San Francisco	CA	—	9,800	400	112,695	9,800	112,701	122,501	—	—	2007
1462	South San Francisco	CA	—	7,117	600	5,887	7,117	4,701	11,818	(1,617)	1984/2012	2007
1463	South San Francisco	CA	—	10,381	2,300	21,954	10,381	21,706	32,087	(7,573)	1979/2012	2007
1464	South San Francisco	CA	—	7,403	700	11,638	7,403	7,987	15,390	(2,436)	1965/2012	2007
1468	South San Francisco	CA	—	10,100	24,013	15,981	10,100	36,238	46,338	(13,306)	2006	2007
1480	South San Francisco	CA	—	32,210	3,110	159,459	32,210	162,569	194,779	—	—	2007
1559	South San Francisco	CA	—	5,666	5,773	12,970	5,695	5,904	11,599	(5,915)	1968	2007
1560	South San Francisco	CA	—	1,204	1,293	2,888	1,210	3,970	5,180	(2,567)	1966	2007
1983	South San Francisco	CA	—	8,648	—	97,191	8,648	97,191	105,839	(29,837)	2016	2011
1984	South San Francisco	CA	—	7,845	—	93,647	7,844	93,223	101,067	(26,859)	2017	2011
1985	South San Francisco	CA	—	6,708	—	122,646	6,708	122,646	129,354	(31,230)	2017	2011
1986	South San Francisco	CA	—	6,708	—	120,349	6,708	120,306	127,014	(25,127)	2018	2011
1987	South San Francisco	CA	—	8,544	—	100,777	8,544	100,777	109,321	(18,788)	2019	2011
1988	South San Francisco	CA	—	10,120	—	120,282	10,120	120,282	130,402	(23,861)	2019	2011
1989	South San Francisco	CA	—	9,169	—	100,232	9,169	100,232	109,401	(13,686)	2020	2011
2553	South San Francisco	CA	—	2,897	8,691	4,951	2,897	13,642	16,539	(3,983)	1988	2015
2554	South San Francisco	CA	—	995	2,754	3,076	995	5,110	6,105	(1,047)	1988	2015
2555	South San Francisco	CA	—	2,202	10,776	2,200	2,202	12,909	15,111	(2,746)	1988	2015
2556	South San Francisco	CA	—	2,962	15,108	1,500	2,962	16,607	19,569	(3,475)	1988	2015
2557	South San Francisco	CA	—	2,453	13,063	3,616	2,453	16,679	19,132	(4,956)	1988	2015
2558	South San Francisco	CA	—	1,163	5,925	315	1,163	6,240	7,403	(1,250)	1988	2015
2624	South San Francisco	CA	—	25,502	42,910	13,847	25,502	55,604	81,106	(11,129)	2001	2017
2870	South San Francisco	CA	—	23,297	41,797	28,766	23,297	70,563	93,860	(12,994)	1996/2019	2018
2871	South San Francisco	CA	—	20,293	41,262	22,011	20,293	63,273	83,566	(15,166)	1999/2019	2018
3100	South San Francisco	CA	—	24,059	—	1,867	24,059	1,867	25,926	—	—	2021
3101	South San Francisco	CA	—	61,208	—	6,548	61,208	6,548	67,756	—	—	2021
3102	South San Francisco	CA	—	43,885	—	1,343	43,885	1,343	45,228	—	—	2021
3123	South San Francisco	CA	—	—	—	6,412	—	6,412	6,412	—	—	2007
2705	Cambridge	MA	—	24,371	128,498	78	24,371	128,577	152,948	(8,966)	2011	2020
2706	Cambridge	MA	—	15,473	149,051	8	15,473	149,059	164,532	(11,386)	2019	2020
2707	Cambridge	MA	—	25,549	229,547	8,698	25,549	238,245	263,794	(16,198)	2019	2020
2708	Cambridge	MA	—	—	17,751	398	—	18,149	18,149	(946)	2010	2020
2709	Cambridge	MA	—	—	15,451	17	—	15,468	15,468	(805)	2019	2020
2928	Cambridge	MA	—	44,215	24,120	4,099	44,215	26,989	71,204	(2,845)	1984	2019
2929	Cambridge	MA	—	20,517	—	153,005	20,517	153,005	173,522	(936)	2022	2019
3074	Cambridge	MA	—	78,762	252,153	8,946	78,762	261,099	339,861	(24,413)	2018	2019
3106	Cambridge	MA	—	20,644	2,982	432	20,644	3,415	24,059	(136)	1950	2021
3107	Cambridge	MA	—	19,009	12,327	—	19,009	12,327	31,336	(481)	1973	2021
3108	Cambridge	MA	—	123,074	7,513	—	123,074	7,513	130,587	(388)	1965	2021
3109	Cambridge	MA	—	5,903	—	110	5,903	110	6,013	—	—	2021
3112	Cambridge	MA	—	23,402	47,623	96	23,402	47,719	71,121	(2,194)	1985	2021
3113	Cambridge	MA	—	36,093	—	1,453	36,093	1,453	37,546	—	—	2021
3114	Cambridge	MA	—	22,969	—	(2,115)	22,969	(2,115)	20,854	—	—	2021
3115	Cambridge	MA	—	66,786	—	545	66,786	545	67,331	—	—	2021
3116	Cambridge	MA	—	—	—	3,642	—	3,642	3,642	—	—	2021
3119	Cambridge	MA	—	—	29,667	—	—	29,667	29,667	(1,099)	2021	2021
3120	Cambridge	MA	—	18,063	—	224	18,063	224	18,287	—	—	2021
3122	Cambridge	MA	—	25,247	—	1,000	25,247	1,000	26,247	—	—	2021
3136	Cambridge	MA	—	4,119	—	(164)	4,119	(164)	3,955	—	—	2021
3137	Cambridge	MA	—	41,327	—	1,212	41,327	1,212	42,539	—	—	2021
3141	Cambridge	MA	—	72,768	—	2,499	72,768	2,499	75,267	—	—	2022
3151	Cambridge	MA	—	8,555	—	3	8,555	3	8,558	—	—	2022
3148	Cambridge	MA	—	2,283	—	1	2,283	1	2,284	—	—	2022
3149	Cambridge	MA	—	5,705	—	2	5,705	2	5,707	—	—	2022
3150	Cambridge	MA	—	1,655	—	—	1,655	—	1,655	—	—	2022
2630	Lexington	MA	—	16,411	49,681	670	16,411	50,351	66,762	(11,807)	1999	2017
2631	Lexington	MA	—	7,759	142,081	25,479	7,759	162,079	169,838	(21,202)	2010	2017
2632	Lexington	MA	—	—	21,390	125,363	—	146,246	146,246	(11,999)	2021	2018
3070	Lexington	MA	—	14,013	17,083	37	14,013	16,814	30,827	(1,958)	1974/2012	2019
3071	Lexington	MA	—	14,930	16,677	229	14,930	16,151	31,081	(1,705)	1970/2012	2019
3072	Lexington	MA	—	34,598	43,032	—	34,598	42,744	77,342	(5,838)	1967/2013	2019
3073	Lexington	MA	—	37,050	44,647	94	37,050	44,741	81,791	(6,223)	2017	2019

			Encumbrances at December 31, 2022		Initial Cost to Company				Costs Capitalized Subsequent to Acquisition		Gross Amount at Which Carried As of December 31, 2022						Accumulated Depreciation(4)		Year Constructed(5)	Year Acquired
	City	State			Land(1)		Buildings and Improvements(2)				Land		Buildings and Improvements		Total(3)
3093	Waltham	MA	—		47,792		275,556		18,648		47,792		292,545		340,337		(26,840)		2018	2020
2011	Durham	NC	—		448		6,152		23,847		448		24,341		24,789		(7,054)		1955/2014	2011
2030	Durham	NC	—		1,920		5,661		34,811		1,926		40,465		42,391		(15,772)		1926/2013	2012
9999	Denton	TX	—		100		—		72		100		—		100		—		—	2016
464	Salt Lake City	UT	—		630		6,921		2,562		630		9,484		10,114		(5,364)		1996	2001
465	Salt Lake City	UT	—		125		6,368		68		125		6,436		6,561		(3,119)		1999	2001
466	Salt Lake City	UT	—		—		14,614		73		—		13,213		13,213		(5,041)		2002	2001
1593	Salt Lake City	UT	—		—		23,998		250		—		24,248		24,248		(9,033)		2010	2010
			$	—	$	1,933,254	$	3,273,282	$	3,567,689	$	1,936,126	$	6,623,610	$	8,559,736	$	(1,274,094)

			Encumbrances at December 31, 2022		Initial Cost to Company				Costs Capitalized Subsequent to Acquisition		Gross Amount at Which Carried As of December 31, 2022						Accumulated Depreciation(4)		Year Constructed(5)	Year Acquired
	City	State			Land(1)		Buildings and Improvements(2)				Land		Buildings and Improvements		Total(3)
Medical office
638	Anchorage	AK	$	—	$	1,456	$	10,650	$	13,956	$	1,456	$	21,328	$	22,784	$	(8,842)	1993/2014	2006
3026	Bentonville	AR	—		912		21,724		789		912		22,513		23,425		(721)		2003	2022
126	Sherwood	AR	—		709		9,604		—		709		9,599		10,308		(6,679)		1990	1989
2572	Springdale	AR	—		—		27,714		—		—		27,714		27,714		(5,497)		1995	2016
520	Chandler	AZ	—		3,669		13,503		7,742		3,799		19,368		23,167		(8,497)		2005	2002
113	Glendale	AZ	—		1,565		7,050		20		1,565		7,225		8,790		(5,143)		1989	1988
2040	Mesa	AZ	—		—		17,314		2,213		—		18,542		18,542		(4,785)		2007	2012
1066	Scottsdale	AZ	—		5,115		14,064		8,648		4,839		20,196		25,035		(7,540)		1999	2006
2021	Scottsdale	AZ	—		—		12,312		7,551		—		16,283		16,283		(6,312)		1984	2012
2022	Scottsdale	AZ	—		—		9,179		4,439		—		10,543		10,543		(3,868)		1996	2012
2023	Scottsdale	AZ	—		—		6,398		2,515		—		7,733		7,733		(3,561)		2000	2012
2024	Scottsdale	AZ	—		—		9,522		2,015		32		10,747		10,779		(4,251)		2007	2012
2025	Scottsdale	AZ	—		—		4,102		3,398		—		6,025		6,025		(2,625)		1981	2012
2026	Scottsdale	AZ	—		—		3,655		2,336		—		5,565		5,565		(2,535)		1992	2012
2027	Scottsdale	AZ	—		—		7,168		3,478		—		9,548		9,548		(4,336)		1995	2012
2028	Scottsdale	AZ	—		—		6,659		5,595		—		11,497		11,497		(4,607)		1998	2012
2696	Scottsdale	AZ	—		10,151		14,925		3,286		10,211		18,143		28,354		(3,515)		1998	2020
1041	Brentwood	CA	—		—		30,864		10,983		309		39,668		39,977		(13,503)		2004	2006
1200	Encino	CA	—		6,151		10,438		8,821		6,756		15,764		22,520		(7,208)		1973	2006
1038	Fresno	CA	—		3,652		29,113		21,935		3,652		51,048		54,700		(22,480)		1984	2006
436	Murrieta	CA	—		400		9,266		5,940		749		12,380		13,129		(8,054)		1991	1999
239	Poway	CA	—		2,700		10,839		6,467		3,104		13,511		16,615		(8,750)		1990	1997
2654	Riverside	CA	—		2,758		9,908		1,127		2,758		10,801		13,559		(2,230)		2008	2017
318	Sacramento	CA	—		2,860		37,566		28,181		2,911		63,560		66,471		(25,031)		1989/2016	1998
2404	Sacramento	CA	—		1,268		5,109		1,363		1,299		6,123		7,422		(2,229)		1999	2015
421	San Diego	CA	—		2,910		19,984		16,469		2,964		35,070		38,034		(16,109)		1986/2013	1999
564	San Jose	CA	—		1,935		1,728		4,000		1,935		3,686		5,621		(1,625)		1968	2003
565	San Jose	CA	—		1,460		7,672		2,654		1,460		9,770		11,230		(4,238)		1995	2003
659	Los Gatos	CA	—		1,718		3,124		1,660		1,796		4,255		6,051		(1,779)		1995	2006
439	Valencia	CA	—		2,300		6,967		5,392		2,404		10,017		12,421		(6,125)		1990	1999
440	West Hills	CA	—		2,100		11,595		13,695		2,259		20,297		22,556		(7,779)		1992	1999
3008	West Hills	CA	12,052		5,795		13,933		2,496		5,823		16,150		21,973		(1,003)		1965	2021
728	Aurora	CO	—		—		8,764		5,727		—		10,715		10,715		(4,438)		2005	2005
1196	Aurora	CO	—		210		12,362		8,005		210		18,842		19,052		(7,645)		1981/2018	2006
1197	Aurora	CO	—		200		8,414		7,401		285		14,358		14,643		(6,212)		1994/2018	2006
127	Colorado Springs	CO	—		690		8,338		—		690		8,415		9,105		(5,875)		1990	1989
882	Colorado Springs	CO	—		—		12,933		12,891		—		21,513		21,513		(9,563)		2007	2006
1199	Denver	CO	—		493		7,897		2,793		668		9,510		10,178		(4,793)		1993	2006
808	Englewood	CO	—		—		8,616		13,388		11		18,442		18,453		(9,524)		1981	2005
809	Englewood	CO	—		—		8,449		16,776		—		22,237		22,237		(6,059)		1990	2005
810	Englewood	CO	—		—		8,040		14,877		—		18,697		18,697		(8,707)		1989	2005
811	Englewood	CO	—		—		8,472		15,163		—		20,604		20,604		(8,681)		1993/2020	2005
2658	Highlands Ranch	CO	—		1,637		10,063		94		1,732		10,063		11,795		(1,937)		2015	2017
812	Littleton	CO	—		—		4,562		3,997		257		6,482		6,739		(3,095)		1987	2005
813	Littleton	CO	—		—		4,926		3,286		251		6,324		6,575		(2,737)		1990	2005
570	Lone Tree	CO	—		—		—		23,999		—		21,884		21,884		(9,404)		2004	2003
666	Lone Tree	CO	—		—		23,274		5,888		17		26,446		26,463		(11,638)		2003	2006
2233	Lone Tree	CO	—		—		6,734		33,848		—		39,973		39,973		(13,804)		2015	2014
3000	Lone Tree	CO	—		4,393		31,643		6,135		4,393		37,778		42,171		(2,007)		2020	2021
510	Thornton	CO	—		236		10,206		15,580		463		22,963		23,426		(6,726)		2001/2021	2002
434	Atlantis	FL	—		—		2,027		552		5		2,324		2,329		(1,518)		1997	1999
435	Atlantis	FL	—		—		2,000		1,332		—		2,659		2,659		(1,733)		1997	1999
602	Atlantis	FL	—		455		2,231		1,561		455		3,225		3,680		(1,431)		1984	2006
2963	Brooksville	FL	—		—		—		11,490		—		11,490		11,490		(913)		2020	2019
604	Englewood	FL	—		170		1,134		1,194		226		1,868		2,094		(734)		1986	2006
2962	Orange Park	FL	—		—		—		16,983		—		16,983		16,983		(601)		2022	2019
609	Kissimmee	FL	—		788		174		1,246		788		1,239		2,027		(556)		1978	2006
610	Kissimmee	FL	—		481		347		904		494		628		1,122		(344)		1978	2006
671	Kissimmee	FL	—		—		7,574		2,904		—		8,247		8,247		(3,755)		1998	2006
603	Lake Worth	FL	—		1,507		2,894		1,807		1,507		2,868		4,375		(1,374)		1997	2006
612	Margate	FL	—		1,553		6,898		3,585		1,553		9,421		10,974		(4,219)		1994	2006
613	Miami	FL	—		4,392		11,841		15,281		4,454		22,922		27,376		(7,410)		1995/2020	2006
2202	Miami	FL	—		—		13,123		11,991		—		24,034		24,034		(8,801)		1973	2014
2203	Miami	FL	—		—		8,877		5,205		—		13,597		13,597		(4,813)		1986	2014
1067	Milton	FL	—		—		8,566		1,361		—		9,813		9,813		(3,687)		2003	2006
2577	Naples	FL	—		—		29,186		1,805		—		30,991		30,991		(5,884)		1999	2016
2578	Naples	FL	—		—		18,819		667		—		19,486		19,486		(3,147)		2007	2016
2964	Okeechobee	FL	—		—		—		16,751		—		16,751		16,751		(455)		2022	2019
563	Orlando	FL	—		2,144		5,136		16,761		12,033		7,591		19,624		(6,377)		1985	2003
833	Pace	FL	—		—		10,309		4,179		54		11,533		11,587		(4,306)		2005	2006
834	Pensacola	FL	—		—		11,166		669		—		11,358		11,358		(4,237)		2005	2006
673	Plantation	FL	—		1,091		7,176		3,269		1,091		9,368		10,459		(4,023)		2001	2006
674	Plantation	FL	—		—		8,273		572		—		8,845		8,845		(570)		2015	2021
2579	Punta Gorda	FL	—		—		9,379		—		—		9,379		9,379		(1,678)		2006	2016
2833	St. Petersburg	FL	—		—		13,754		15,843		—		23,467		23,467		(8,651)		1995/2019	2006
2836	Tampa	FL	—		1,967		6,618		9,533		2,700		10,719		13,419		(6,475)		1984	2006
887	Atlanta	GA	—		4,300		13,690		—		4,300		11,890		16,190		(9,413)		1966/1996	2007
3214	Savannah	GA	—		—		—		867		—		867		867		—		—	2022
2576	Statesboro	GA	—		—		10,234		439		—		10,673		10,673		(2,542)		1999	2016
3006	Arlington Heights	IL	4,845		3,011		9,651		591		3,187		10,021		13,208		(759)		1975/2013	2021
2702	Bolingbrook	IL	—		—		21,237		1,910		—		23,055		23,055		(1,855)		2008	2020

			Encumbrances at December 31, 2022	Initial Cost to Company		Costs Capitalized Subsequent to Acquisition	Gross Amount at Which Carried As of December 31, 2022			Accumulated Depreciation(4)	Year Constructed(5)	Year Acquired
	City	State		Land(1)	Buildings and Improvements(2)		Land	Buildings and Improvements	Total(3)
3004	Highland Park	IL	5,834	2,767	11,495	217	2,767	11,674	14,441	(742)	2008	2021
3005	Lockport	IL	10,976	3,106	22,645	—	3,106	22,645	25,751	(1,410)	2010	2021
1065	Marion	IL	—	99	11,538	2,322	100	13,375	13,475	(5,541)	2002	2006
2719	Marion	IL	—	—	—	5,098	—	5,098	5,098	(221)	2021	2021
2697	Indianapolis	IN	—	—	59,746	697	—	60,364	60,364	(3,979)	2002	2020
2699	Indianapolis	IN	—	—	23,211	711	—	23,921	23,921	(1,586)	2002	2020
2701	Indianapolis	IN	—	478	1,637	136	478	1,749	2,227	(501)	1984	2020
2698	Mooresville	IN	—	—	20,646	653	—	21,292	21,292	(1,407)	2004	2020
1057	Newburgh	IN	—	—	14,019	5,381	—	19,250	19,250	(9,128)	2005	2006
2700	Zionsville	IN	—	2,969	7,281	809	3,040	7,998	11,038	(757)	2005	2020
2039	Kansas City	KS	—	440	2,173	316	448	2,436	2,884	(658)	2006	2012
112	Overland Park	KS	—	2,316	10,681	24	2,316	10,797	13,113	(7,924)	1989	1988
2043	Overland Park	KS	—	—	7,668	2,354	—	9,290	9,290	(2,692)	2009	2012
3062	Overland Park	KS	—	872	11,813	526	978	11,811	12,789	(2,053)	2007	2019
483	Wichita	KS	—	530	3,341	788	605	3,510	4,115	(1,645)	2000	2001
3018	Wichita	KS	—	3,946	39,795	—	3,946	39,795	43,741	(2,305)	1973/2017	2021
1064	Lexington	KY	—	—	12,726	2,837	—	14,648	14,648	(6,224)	2003	2006
735	Louisville	KY	—	936	8,426	18,960	936	23,542	24,478	(13,083)	1971/2019	2005
737	Louisville	KY	—	835	27,627	11,636	878	35,899	36,777	(16,797)	2002	2005
738	Louisville	KY	—	780	8,582	8,694	851	13,331	14,182	(10,083)	1978	2005
739	Louisville	KY	—	826	13,814	4,003	832	16,046	16,878	(6,911)	2003	2005
2834	Louisville	KY	—	2,983	13,171	8,866	2,991	18,816	21,807	(10,006)	1990	2005
1945	Louisville	KY	—	3,255	28,644	3,092	3,365	30,902	34,267	(12,422)	2009	2010
1946	Louisville	KY	—	430	6,125	276	430	6,401	6,831	(2,587)	2002	2010
2237	Louisville	KY	—	1,519	15,386	5,450	1,672	20,351	22,023	(7,139)	1991	2014
2238	Louisville	KY	—	1,334	12,172	3,627	1,558	14,624	16,182	(4,921)	1996	2014
2239	Louisville	KY	—	1,644	10,832	6,912	2,091	16,272	18,363	(6,510)	1988	2014
3023	Covington	LA	—	9,490	21,918	94	9,490	22,012	31,502	(1,204)	2014	2021
3121	Cambridge	MA	—	40,663	23,102	—	40,663	23,102	63,765	(956)	1983	2021
1213	Ellicott City	MD	—	1,115	3,206	4,960	1,463	6,257	7,720	(2,884)	1988	2006
1052	Towson	MD	—	—	14,233	5,579	—	14,435	14,435	(5,538)	2005	2006
2650	Biddeford	ME	—	1,341	17,376	107	1,341	17,483	18,824	(3,524)	2007	2017
3002	Burnsville	MN	7,713	2,801	17,779	892	2,861	18,611	21,472	(2,148)	1988	2021
3003	Burnsville	MN	5,142	516	13,200	452	533	13,382	13,915	(1,374)	1992	2021
3009	Burnsville	MN	18,985	4,640	38,064	40	4,664	38,080	42,744	(2,488)	2007	2021
240	Minneapolis	MN	—	117	13,213	7,285	117	18,442	18,559	(11,143)	1986	1997
300	Minneapolis	MN	—	160	10,131	6,920	214	14,342	14,556	(8,692)	1987	1998
2703	Columbia	MO	—	4,141	20,364	—	4,141	20,364	24,505	(1,845)	1997	2020
2032	Independence	MO	—	—	48,025	3,539	—	50,173	50,173	(12,403)	2006	2012
2863	Lee's Summit	MO	—	—	—	16,454	—	16,454	16,454	(1,822)	2020	2019
1078	Flowood	MS	—	—	8,413	2,177	—	9,902	9,902	(3,723)	2003	2006
1059	Jackson	MS	—	—	8,868	692	—	9,523	9,523	(3,776)	2002	2006
1060	Jackson	MS	—	—	7,187	3,022	—	9,131	9,131	(3,500)	2005	2006
1068	Omaha	NE	—	—	16,243	3,023	41	18,491	18,532	(7,563)	2005	2006
2651	Charlotte	NC	—	1,032	6,196	204	1,032	6,295	7,327	(992)	2007	2017
2695	Charlotte	NC	—	844	5,021	76	844	5,060	5,904	(781)	2007	2017
2655	Wilmington	NC	—	1,949	12,244	—	1,949	12,244	14,193	(2,291)	2003	2017
2656	Wilmington	NC	—	2,071	11,592	—	2,071	11,592	13,663	(2,146)	2006	2017
2657	Shallotte	NC	—	918	3,609	—	918	3,609	4,527	(921)	2017	2017
2647	Concord	NH	—	1,961	23,516	556	1,961	22,721	24,682	(2,953)	2004	2017
2648	Concord	NH	—	815	8,902	464	815	9,366	10,181	(2,106)	2008	2017
2649	Epsom	NH	—	919	5,868	59	919	5,303	6,222	(976)	2010	2017
3011	Cherry Hill	NJ	—	5,235	21,731	—	5,235	21,731	26,966	(1,685)	2014	2021
3012	Morristown	NJ	—	21,703	32,517	3,119	21,703	35,636	57,339	(2,476)	1983/2013	2021
3013	Morristown	NJ	—	14,567	20,548	6,480	14,567	27,028	41,595	(1,118)	1990	2021
3014	Morristown	NJ	—	20,563	31,849	1,007	20,563	32,857	53,420	(1,466)	1981	2021
729	Albuquerque	NM	—	—	5,380	2,466	—	7,308	7,308	(2,623)	2006	2005
571	Las Vegas	NV	—	—	—	22,137	—	19,359	19,359	(8,720)	2004	2003
660	Las Vegas	NV	—	1,121	4,363	12,784	1,328	12,540	13,868	(4,437)	1973	2006
661	Las Vegas	NV	—	2,305	—	1,371	3,676	—	3,676	—	—	2006
662	Las Vegas	NV	—	1,000	—	—	1,000	—	1,000	—	—	2006
663	Las Vegas	NV	—	1,717	3,597	15,366	1,724	15,511	17,235	(6,094)	1974/2018	2006
664	Las Vegas	NV	—	1,172	—	633	1,805	—	1,805	(369)	—	2006
691	Las Vegas	NV	—	3,073	18,339	8,915	3,167	25,521	28,688	(15,113)	1989/2015	2004
2037	Mesquite	NV	—	—	5,559	1,030	34	6,430	6,464	(1,898)	2004	2012
400	Harrison	OH	—	—	4,561	666	—	4,927	4,927	(3,019)	1995	1999
1054	Durant	OK	—	619	9,256	3,301	659	12,364	13,023	(4,905)	1998	2006
817	Owasso	OK	—	—	6,582	2,090	—	6,113	6,113	(2,535)	2006	2005
404	Roseburg	OR	—	—	5,707	1,147	—	6,154	6,154	(3,726)	1999	1999
3010	Springfield	OR	20,666	—	51,998	386	—	51,982	51,982	(3,493)	2011	2021
2570	Limerick	PA	—	925	20,072	51	925	19,953	20,878	(4,350)	1999	2016
2234	Philadelphia	PA	—	24,264	99,904	49,324	24,288	149,067	173,355	(36,719)	1973/2019	2014
2403	Philadelphia	PA	—	26,063	97,646	38,382	26,134	135,309	161,443	(41,809)	2000	2015
2571	Wilkes-Barre	PA	—	—	9,138	11	—	9,149	9,149	(2,186)	2001	2016
2694	Anderson	SC	—	405	1,211	—	405	1,211	1,616	(251)	2012	2020
2573	Florence	SC	—	—	12,090	91	—	12,180	12,180	(2,323)	1998	2016
2574	Florence	SC	—	—	12,190	88	—	12,277	12,277	(2,338)	1998	2016
2575	Florence	SC	—	—	11,243	56	—	11,299	11,299	(2,635)	1995	2016
2841	Greenville	SC	—	634	38,386	2,006	647	39,635	40,282	(7,332)	1991	2018
2842	Greenville	SC	—	794	41,293	560	794	41,058	41,852	(7,587)	1999	2018
2843	Greenville	SC	—	626	22,210	13	626	22,223	22,849	(4,825)	1996	2018
2844	Greenville	SC	—	806	18,889	948	806	19,031	19,837	(3,507)	1998	2018

			Encumbrances at December 31, 2022	Initial Cost to Company		Costs Capitalized Subsequent to Acquisition	Gross Amount at Which Carried As of December 31, 2022			Accumulated Depreciation(4)	Year Constructed(5)	Year Acquired
	City	State		Land(1)	Buildings and Improvements(2)		Land	Buildings and Improvements	Total(3)
2845	Greenville	SC	—	932	40,879	224	932	41,103	42,035	(7,874)	2005	2018
2846	Greenville	SC	—	896	38,486	632	896	39,118	40,014	(7,522)	2007	2018
2847	Greenville	SC	—	600	26,472	5,083	600	30,954	31,554	(6,219)	1996	2018
2850	Greenville	SC	—	211	6,503	154	211	6,656	6,867	(1,553)	2008	2018
2853	Greenville	SC	—	534	6,430	229	534	5,576	6,110	(1,310)	1998	2018
2854	Greenville	SC	—	824	13,645	109	824	13,755	14,579	(3,808)	1992	2018
2848	Greer	SC	—	318	5,816	—	318	5,816	6,134	(1,233)	2008	2018
2849	Greer	SC	—	319	5,836	98	319	5,935	6,254	(1,383)	2008	2018
2851	Travelers Rest	SC	—	498	1,015	202	498	1,018	1,516	(483)	1998	2018
2862	Myrtle Beach	SC	—	—	—	27,660	—	27,660	27,660	(4,213)	2019	2018
2865	Brentwood	TN	—	—	—	34,201	—	34,201	34,201	(2,397)	2020	2019
624	Hendersonville	TN	—	256	1,530	3,480	256	3,619	3,875	(1,738)	1985	2006
559	Hermitage	TN	—	830	5,036	14,514	945	17,211	18,156	(6,645)	1999/2019	2003
561	Hermitage	TN	—	596	9,698	9,110	596	15,414	16,010	(8,217)	1993	2003
562	Hermitage	TN	—	317	6,528	5,427	317	9,761	10,078	(4,751)	1994	2003
625	Nashville	TN	—	955	14,289	9,976	955	20,959	21,914	(8,572)	2000	2006
626	Nashville	TN	—	2,050	5,211	7,211	2,055	9,238	11,293	(3,819)	1987	2006
627	Nashville	TN	—	1,007	181	1,491	1,113	1,073	2,186	(479)	1975	2006
628	Nashville	TN	—	2,980	7,164	6,377	2,980	11,339	14,319	(5,081)	1988	2006
630	Nashville	TN	—	515	848	520	528	1,057	1,585	(508)	1975	2006
631	Nashville	TN	—	266	1,305	2,222	266	2,552	2,818	(1,332)	1980	2006
632	Nashville	TN	—	827	7,642	6,300	827	10,796	11,623	(5,441)	1988	2006
633	Nashville	TN	—	5,425	12,577	10,755	5,425	19,406	24,831	(9,067)	1971	2006
634	Nashville	TN	—	3,818	15,185	17,341	3,818	26,738	30,556	(12,093)	1992	2006
636	Nashville	TN	—	583	450	522	604	793	1,397	(360)	1974	2006
2967	Nashville	TN	—	—	—	47,823	—	47,823	47,823	(1,989)	2021	2019
2720	Nashville	TN	—	102	10,925	886	102	11,804	11,906	(1,299)	1986	2021
2611	Allen	TX	—	1,330	5,960	838	1,374	6,740	8,114	(1,579)	2004	2016
2612	Allen	TX	—	1,310	4,165	1,438	1,310	5,581	6,891	(1,469)	2005	2016
573	Arlington	TX	—	769	12,355	12,450	769	21,615	22,384	(7,448)	1995	2006
2621	Cedar Park	TX	—	1,617	11,640	809	1,617	12,450	14,067	(1,726)	2007	2017
576	Conroe	TX	—	324	4,842	5,202	324	8,161	8,485	(3,540)	1983	2006
577	Conroe	TX	—	397	7,966	4,643	397	11,334	11,731	(5,268)	1995	2006
578	Conroe	TX	—	388	7,975	5,687	388	10,267	10,655	(4,158)	1997/2012	2006
579	Conroe	TX	—	188	3,618	1,697	188	4,622	4,810	(2,231)	1995	2006
581	Corpus Christi	TX	—	717	8,181	8,130	717	12,331	13,048	(5,875)	1995	2006
600	Corpus Christi	TX	—	328	3,210	5,094	328	5,999	6,327	(3,431)	1995	2006
601	Corpus Christi	TX	—	313	1,771	2,463	325	3,235	3,560	(1,755)	1985	2006
2839	Cypress	TX	—	—	—	38,362	11	37,120	37,131	(11,016)	2016	2015
582	Dallas	TX	—	1,664	6,785	7,505	1,747	11,387	13,134	(5,185)	1979	2006
1314	Dallas	TX	—	15,230	162,970	30,642	24,093	183,326	207,419	(82,918)	1974	2007
1315	Dallas	TX	—	—	—	4,458	26	3,246	3,272	(1,367)	1978	2007
1316	Dallas	TX	—	—	—	11,943	—	7,925	7,925	(1,393)	1985	2007
1317	Dallas	TX	—	—	—	11,510	—	10,984	10,984	(1,645)	1995	2007
1319	Dallas	TX	—	18,840	155,659	7,097	18,840	162,198	181,038	(71,767)	1974	2007
2721	Dallas	TX	—	31,707	2,000	(2)	31,707	1,998	33,705	(1,498)	1983	2020
3007	Denton	TX	5,636	2,298	9,502	97	2,338	9,559	11,897	(810)	2014	2021
3020	Frisco	TX	—	—	27,201	704	—	27,869	27,869	(1,296)	2004	2021
3021	Frisco	TX	—	—	26,181	1,536	—	27,698	27,698	(1,420)	2004	2021
583	Fort Worth	TX	—	898	4,866	5,802	898	9,131	10,029	(3,953)	1995	2006
805	Fort Worth	TX	—	—	2,481	2,335	45	3,866	3,911	(2,364)	1985	2005
806	Fort Worth	TX	—	—	6,070	2,454	5	7,973	7,978	(3,567)	1985	2005
2619	Fort Worth	TX	—	1,180	13,432	1,437	1,180	14,869	16,049	(1,703)	2006	2017
2620	Fort Worth	TX	—	1,961	14,155	366	2,000	14,482	16,482	(1,900)	2005	2017
2982	Fort Worth	TX	—	2,720	6,225	5,880	2,720	12,022	14,742	(2,236)	2020	2019
1061	Granbury	TX	—	—	6,863	1,331	—	8,054	8,054	(3,406)	2001	2006
430	Houston	TX	—	1,927	33,140	24,348	2,479	52,033	54,512	(29,418)	1985/2018	1999
446	Houston	TX	—	2,200	19,585	25,280	2,945	32,869	35,814	(23,130)	1976/2018	1999
589	Houston	TX	—	1,676	12,602	20,000	1,706	27,359	29,065	(7,835)	1985/2022	2006
702	Houston	TX	—	—	7,414	4,119	7	9,504	9,511	(4,449)	2006	2006
1044	Houston	TX	—	—	4,838	7,140	1,321	8,737	10,058	(3,053)	2006	2006
2542	Houston	TX	—	304	17,764	—	304	17,764	18,068	(4,091)	1990	2015
2543	Houston	TX	—	116	6,555	—	116	6,439	6,555	(1,639)	1970	2015
2544	Houston	TX	—	312	12,094	—	312	12,094	12,406	(3,316)	1987	2015
2545	Houston	TX	—	316	13,931	—	316	13,931	14,247	(2,909)	2005	2015
2546	Houston	TX	—	408	18,332	—	408	17,925	18,333	(5,500)	1977	2015
2547	Houston	TX	—	470	18,197	—	470	17,727	18,197	(4,549)	1985	2015
2548	Houston	TX	—	313	7,036	—	313	6,724	7,037	(2,111)	1979	2015
2549	Houston	TX	—	530	22,711	—	530	22,711	23,241	(4,182)	2006	2015
2966	Houston	TX	—	—	—	32,920	—	32,920	32,920	(845)	2022	2020
590	Irving	TX	—	828	6,160	6,147	828	10,035	10,863	(4,146)	1997	2006
700	Irving	TX	—	—	8,550	6,390	8	11,256	11,264	(4,562)	2004	2006
1207	Irving	TX	—	1,955	12,793	4,684	2,063	16,131	18,194	(6,119)	2001	2006
2840	Kingwood	TX	—	3,035	28,373	2,128	3,422	28,718	32,140	(5,586)	2003	2016
591	Lewisville	TX	—	561	8,043	3,043	561	9,513	10,074	(4,688)	1976	2006
144	Longview	TX	—	102	7,998	1,438	102	8,986	9,088	(5,450)	1993	1992
143	Lufkin	TX	—	338	2,383	299	338	2,602	2,940	(1,573)	1993	1992
568	McKinney	TX	—	541	6,217	5,260	541	9,910	10,451	(4,928)	1999	2003
569	McKinney	TX	—	—	636	9,509	—	9,045	9,045	(4,251)	2004	2003
596	North Richland Hills	TX	—	812	8,883	6,238	812	12,644	13,456	(4,720)	1999	2006
2048	North Richland Hills	TX	—	1,385	10,213	2,364	1,400	12,034	13,434	(5,092)	2007	2012
2835	Pearland	TX	—	—	4,014	5,707	29	7,866	7,895	(3,010)	2006	2006

			Encumbrances at December 31, 2022		Initial Cost to Company				Costs Capitalized Subsequent to Acquisition		Gross Amount at Which Carried As of December 31, 2022						Accumulated Depreciation(4)		Year Constructed(5)	Year Acquired
	City	State			Land(1)		Buildings and Improvements(2)				Land		Buildings and Improvements		Total(3)
2838	Pearland	TX	—		—		—		19,978		—		18,768		18,768		(4,996)		2015	2014
597	Plano	TX	—		1,210		9,588		10,042		1,225		17,340		18,565		(7,412)		1997	2006
672	Plano	TX	—		1,389		12,768		5,783		1,389		15,701		17,090		(6,542)		2004	2006
1384	Plano	TX	—		6,290		22,686		6,702		6,290		29,197		35,487		(22,652)		1997	2007
2653	Rockwall	TX	—		788		9,020		39		788		9,026		9,814		(1,533)		2015	2017
815	San Antonio	TX	—		—		9,193		4,303		87		12,038		12,125		(5,744)		1997	2006
816	San Antonio	TX	1,902		—		8,699		14,749		175		21,625		21,800		(5,880)		1992/2022	2006
2837	San Antonio	TX	—		—		26,191		4,030		—		28,781		28,781		(11,500)		2006	2011
2852	Shenandoah	TX	—		—		—		29,980		—		29,980		29,980		(6,808)		2017	2016
598	Sugar Land	TX	—		1,078		5,158		4,245		1,170		6,912		8,082		(3,313)		1982	2006
599	Texas City	TX	—		—		9,519		2,326		—		11,649		11,649		(4,913)		2003	2006
152	Victoria	TX	—		125		8,977		711		125		9,294		9,419		(5,628)		1994	1992
2198	Webster	TX	—		2,220		9,602		462		2,220		9,744		11,964		(3,516)		1991	2013
3024	Webster	TX	—		3,196		12,911		36		3,212		12,931		16,143		(449)		2007	2022
3025	Webster	TX	—		3,209		23,782		16		3,225		23,782		27,007		(671)		2007	2022
2550	The Woodlands	TX	—		115		5,141		—		115		5,141		5,256		(1,210)		1984	2015
2551	The Woodlands	TX	—		296		18,282		—		296		18,282		18,578		(3,706)		1997	2015
2552	The Woodlands	TX	—		374		25,125		—		374		25,125		25,499		(4,538)		2004	2015
1592	Bountiful	UT	—		999		7,426		2,222		1,019		9,393		10,412		(3,813)		2005	2010
169	Bountiful	UT	—		276		5,237		4,466		653		8,252		8,905		(3,906)		1995	1994
2035	Draper	UT	4,146		—		10,803		1,244		—		11,543		11,543		(2,859)		2010	2012
469	Kaysville	UT	—		530		4,493		441		530		4,708		5,238		(2,130)		2001	2001
456	Layton	UT	—		371		7,073		3,201		389		9,237		9,626		(4,801)		1998	2001
2042	Layton	UT	—		—		10,975		1,906		44		12,481		12,525		(3,090)		2006	2012
2864	Washington Terrace	UT	—		—		—		19,898		—		19,898		19,898		(2,086)		2020	2019
357	Orem	UT	—		337		8,744		4,751		306		10,201		10,507		(5,970)		1998	1999
353	Salt Lake City	UT	—		190		779		280		273		830		1,103		(576)		1991	1999
354	Salt Lake City	UT	—		220		10,732		4,517		220		13,444		13,664		(8,332)		1999	1999
355	Salt Lake City	UT	—		180		14,792		6,257		180		19,145		19,325		(11,119)		1993	1999
467	Salt Lake City	UT	—		3,000		7,541		3,340		3,145		9,878		13,023		(5,572)		1998	2001
566	Salt Lake City	UT	—		509		4,044		4,993		509		7,717		8,226		(3,679)		1974	2003
2041	Salt Lake City	UT	—		—		12,326		1,347		—		13,185		13,185		(3,272)		2007	2012
2033	Sandy	UT	—		867		3,513		2,697		1,356		5,525		6,881		(2,884)		1989	2012
351	Washington Terrace	UT	—		—		4,573		3,629		17		5,762		5,779		(3,429)		1989	1999
352	Washington Terrace	UT	—		—		2,692		1,801		15		3,665		3,680		(2,555)		1990	1999
2034	West Jordan	UT	—		—		12,021		323		—		11,844		11,844		(2,751)		2006	2012
2036	West Jordan	UT	—		—		1,383		1,671		—		2,714		2,714		(1,472)		1982	2012
1208	Fairfax	VA	—		8,396		16,710		15,381		8,845		27,935		36,780		(14,268)		1974/2018	2006
2230	Fredericksburg	VA	—		1,101		8,570		12		1,113		8,570		9,683		(2,062)		2008	2014
3001	Leesburg	VA	10,185		3,549		24,059		3,701		3,549		27,699		31,248		(2,419)		2010	2021
3015	Midlothian	VA	12,643		—		21,442		179		45		21,354		21,399		(1,024)		2012	2021
3016	Midlothian	VA	11,952		—		20,610		177		32		20,416		20,448		(1,097)		2013	2021
3017	Midlothian	VA	13,829		—		22,531		89		—		22,619		22,619		(1,771)		2014	2021
572	Reston	VA	—		—		11,902		1,353		—		11,712		11,712		(5,938)		2004	2003
448	Renton	WA	—		—		18,724		5,301		—		21,729		21,729		(14,259)		1993	1999
781	Seattle	WA	—		—		52,703		22,499		—		67,881		67,881		(34,648)		1994	2004
782	Seattle	WA	—		—		24,382		31,717		126		50,563		50,689		(19,720)		1990/2022	2004
783	Seattle	WA	—		—		5,625		2,329		211		6,949		7,160		(6,373)		1984	2004
785	Seattle	WA	—		—		7,293		6,153		—		11,351		11,351		(7,886)		1982	2004
1385	Seattle	WA	—		—		45,027		19,908		—		63,018		63,018		(25,124)		1986/2019	2007
3022	Seattle	WA	—		35,624		4,176		—		35,624		4,176		39,800		(1,054)		1963/2012	2021
2038	Evanston	WY	—		—		4,601		1,225		—		5,751		5,751		(1,715)		2002	2012
			$	146,506	$	530,858	$	3,891,709	$	1,709,551	$	564,526	$	5,218,646	$	5,783,172	$	(1,656,210)

			Encumbrances at December 31, 2022		Initial Cost to Company				Costs Capitalized Subsequent to Acquisition		Gross Amount at Which Carried As of December 31, 2022						Accumulated Depreciation(4)		Year Constructed(5)	Year Acquired
	City	State			Land(1)		Buildings and Improvements(2)				Land		Buildings and Improvements		Total(3)
Continuing care retirement community
3089	Birmingham	AL	$	—	$	6,193	$	32,146	$	3,803	$	6,543	$	35,599	$	42,142	$	(5,502)	1991	2020
3090	Bradenton	FL	—		5,496		95,671		16,038		5,991		103,501		109,492		(15,560)		1985	2020
2997	Clearwater	FL	68,405		6,680		132,521		17,406		6,819		146,467		153,286		(15,324)		1991	2020
3086	Jacksonville	FL	—		19,660		167,860		15,791		20,412		182,496		202,908		(21,706)		1989	2020
2996	Leesburg	FL	—		8,941		65,698		13,662		9,766		78,534		88,300		(10,744)		1990	2020
2995	Port Charlotte	FL	—		5,344		159,612		12,089		5,672		162,232		167,904		(17,301)		1987	2020
2998	Seminole	FL	44,582		14,080		77,485		9,202		15,001		85,766		100,767		(8,074)		1990	2020
3085	Seminole	FL	—		13,915		125,796		11,656		14,613		136,755		151,368		(16,932)		1982	2020
3092	Sun City Center	FL	87,106		25,254		175,535		15,374		26,382		189,781		216,163		(26,301)		1992	2020
3087	The Villages	FL	—		7,091		120,493		12,553		7,312		132,825		140,137		(15,586)		2009	2020
3084	Holland	MI	—		1,572		88,960		6,766		1,804		95,493		97,297		(11,057)		1991	2020
2991	Coatesville	PA	—		16,443		126,243		11,838		17,064		137,463		154,527		(14,965)		1998	2020
3080	Haverford	PA	—		16,461		108,816		29,925		16,461		126,165		142,626		(50,068)		1989	2006
3088	Spring	TX	—		3,210		30,085		6,821		3,475		36,640		40,115		(3,992)		2008	2020
3081	Fort Belvoir	VA	—		11,594		99,528		25,908		11,594		117,897		129,491		(48,177)		1990	2006
			$	200,093	$	161,934	$	1,606,449	$	208,832	$	168,909	$	1,767,614	$	1,936,523	$	(281,289)
Total real estate assets held for sale			—		(2,367)		(11,813)		(58,658)		(2,373)		(65,437)		(67,810)		23,455
Total continuing operations, excluding held for sale			$	346,599	$	2,623,679	$	8,759,627	$	5,427,414	$	2,667,188	$	13,544,433	$	16,211,621	$	(3,188,138)

_______________________________________

(1)Assets with no initial land costs to the Company represent land that the Company leases from a third party (i.e., ground leases).

(2)Assets with no initial buildings and improvements costs to the Company represent development projects in process or completed.

(3)At December 31, 2022, the tax basis of the Company’s net real estate assets is less than the reported amounts by $1.1 billion.

(4)Buildings and improvements are depreciated over useful lives ranging up to 50 years.

(5)Year of original construction/year of last major renovation, if applicable.

A summary of activity for real estate and accumulated depreciation, excluding assets classified as discontinued operations, is as follows (in thousands):

	Year ended December 31,
	2022		2021		2020
Real estate:
Balances at beginning of year	$	15,506,658	$	13,528,893	$	10,372,584
Acquisition of real estate and development and improvements	1,102,593		2,157,539		3,460,556
Sales and/or transfers to assets held for sale	(82,350)		(72,819)		(203,687)
Deconsolidation of real estate	(189,605)		—		—
Impairments	—		(21,294)		(23,991)
Other(1)	(125,675)		(85,661)		(76,569)
Balances at end of year	$	16,211,621	$	15,506,658	$	13,528,893
Accumulated depreciation:
Balances at beginning of year	$	2,839,229	$	2,409,135	$	2,141,960
Depreciation expense	575,125		548,063		438,735
Sales and/or transfers to assets held for sale	(30,428)		(32,692)		(93,220)
Deconsolidation of real estate	(89,766)		—		—
Other(1)	(106,022)		(85,277)		(78,340)
Balances at end of year	$	3,188,138	$	2,839,229	$	2,409,135

_______________________________________

(1)Primarily represents real estate and accumulated depreciation related to fully depreciated assets and reductions to net real estate due to casualty events.

A summary of activity for real estate and accumulated depreciation for assets classified as discontinued operations is as follows (in thousands):

	Year ended December 31,
	2022		2021		2020
Real estate:
Balances at beginning of year	$	—	$	2,930,566	$	4,133,349
Acquisition of real estate and development and improvements	—		8,238		119,333
Sales and/or transfers to assets classified as discontinued operations	—		(2,929,713)		(1,114,792)
Impairments	—		(5,315)		(198,048)
Other(1)	—		(3,776)		(9,276)
Balances at end of year	$	—	$	—	$	2,930,566
Accumulated depreciation:
Balances at beginning of year	$	—	$	615,708	$	861,557
Depreciation expense	—		—		91,726
Sales and/or transfers to assets classified as discontinued operations	—		(615,708)		(333,654)
Other(1)	—		—		(3,921)
Balances at end of year	$	—	$	—	$	615,708

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(1)Primarily represents real estate and accumulated depreciation related to fully depreciated assets.