Real Estate Facilities (Tables)

9 Months Ended

Sep. 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		—		23,358		—		23,358
Disposals (2)		—		(15,005)		15,005		—
Depreciation and amortization expense		—		—		(67,035)		(67,035)
Transfer to properties held for sale		—		(16)		46		30
Balances at September 30, 2020	$	855,542	$	2,213,798	$	(1,210,473)	$	1,858,867

____________________________

⁽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 were 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	$	75,160
Buildings and improvements		2,153		40,765
Accrued and other liabilities (below-market in-place rents)		—		(1,142)
Other assets (in-place lease value)		237		3,371
Total purchase price		13,513		118,154
Net operating assets acquired and liabilities assumed		(90)		(463)
Total cash paid	$	13,423	$	117,691