Real Estate Facilities (Tables)

6 Months Ended

Jun. 30, 2020

Real Estate Facilities [Abstract]

Activity In Real Estate Facilities

			Buildings and		Accumulated
	Land		Improvements		Depreciation		Total
Balances at December 31, 2019 (1)	$	844,419	$	2,203,308	$	(1,158,489)	$	1,889,238
Acquisition of real estate facility		11,123		2,153		—		13,276
Capital expenditures		—		16,202		—		16,202
Disposals (2)		—		(1,085)		1,085		—
Depreciation and amortization expense		—		—		(44,463)		(44,463)
Transfer to properties held for sale		—		(16)		46		30
Balances at June 30, 2020	$	855,542	$	2,220,562	$	(1,201,821)	$	1,874,283

____________________________

⁽¹⁾Land, building and improvements, and accumulated depreciation, respectively, totaling $2.2 million, $2.8 million and $1.2 million were reclassified as of December 31, 2019 to “properties held for sale, net,” representing two industrial buildings totaling 40,000 square feet located in Redmond, Washington, which are subject to an eminent domain process.

⁽²⁾Disposals primarily represent the book value of tenant improvements that have been removed upon the customer vacating their space.

Summary Of Real Estate Assets Acquired And Liabilities Assumed

	2020		2019
Land	$	11,123	$	9,668
Buildings and improvements		2,153		3,978
Accrued and other liabilities (below-market in-place rents)		—		(212)
Other assets (in-place lease value)		237		390
Total purchase price		13,513		13,824
Net operating assets acquired and liabilities assumed		(90)		(88)
Total cash paid	$	13,423	$	13,736