				Initial Cost to Company						Amount at Which Carried at December 31, 2018
Description and Location	Encumbrances			Land		Buildings & Improvements		Increase (Decrease) in Net Investments		Land		Buildings & Improvements		Total		Accumulated Depreciation		Date of Acquisition (a) Construction (c)		Life on which Depreciation in Latest Statement of Income is Compared
Core Portfolio:
Crescent Plaza Brockton, MA	$ —			$	1,147	$	7,425	$	3,222	$	1,147	$	10,647	$	11,794	$	8,112	1993	(a)	40 years
New Loudon Center Latham, NY		—			505		4,161		13,965		505		18,126		18,631		14,890	1993	(a)	40 years
Mark Plaza Edwardsville, PA		—			—		3,396		—		—		3,396		3,396		2,981	1993	(c)	40 years
Plaza 422 Lebanon, PA		—			190		3,004		2,809		190		5,813		6,003		5,227	1993	(c)	40 years
Route 6 Mall Honesdale, PA		—			1,664		—		12,490		1,664		12,490		14,154		9,813	1994	(c)	40 years
Abington Towne Center Abington, PA		—			799		3,197		2,876		799		6,073		6,872		4,016	1998	(a)	40 years
Bloomfield Town Square Bloomfield Hills, MI		—			3,207		13,774		25,803		3,207		39,577		42,784		23,366	1998	(a)	40 years
Elmwood Park Shopping Center Elmwood Park, NJ		—			3,248		12,992		15,738		3,798		28,180		31,978		19,867	1998	(a)	40 years
Merrillville Plaza Hobart, IN		—			4,288		17,152		5,726		4,288		22,878		27,166		13,173	1998	(a)	40 years
Marketplace of Absecon Absecon, NJ		—			2,573		10,294		4,920		2,577		15,210		17,787		8,603	1998	(a)	40 years
239 Greenwich Avenue Greenwich, CT		27,000			1,817		15,846		1,086		1,817		16,932		18,749		8,285	1998	(a)	40 years
Hobson West Plaza Naperville, IL		—			1,793		7,172		4,069		1,793		11,241		13,034		5,431	1998	(a)	40 years
Village Commons Shopping Center Smithtown, NY		—			3,229		12,917		4,597		3,229		17,514		20,743		9,918	1998	(a)	40 years
Town Line Plaza Rocky Hill, CT		—			878		3,510		7,736		907		11,217		12,124		9,206	1998	(a)	40 years
Branch Shopping Center Smithtown, NY		—			3,156		12,545		16,119		3,401		28,419		31,820		12,757	1998	(a)	40 years
Methuen Shopping Center Methuen, MA		—			956		3,826		1,484		961		5,305		6,266		2,683	1998	(a)	40 years
The Gateway Shopping Center South Burlington, VT		—			1,273		5,091		12,413		1,273		17,504		18,777		10,169	1999	(a)	40 years
Mad River Station Dayton, OH		—			2,350		9,404		2,173		2,350		11,577		13,927		5,955	1999	(a)	40 years
Pacesetter Park Shopping Center Ramapo, NY		—			1,475		5,899		3,743		1,475		9,642		11,117		5,439	1999	(a)	40 years
Brandywine Holdings Wilmington, DE		26,250			5,063		15,252		2,495		5,201		17,609		22,810		7,199	2003	(a)	40 years
Bartow Avenue Bronx, NY		—			1,691		5,803		1,190		1,691		6,993		8,684		3,250	2005	(c)	40 years
Amboy Road Staten Island, NY		—			—		11,909		2,632		—		14,541		14,541		7,319	2005	(a)	40 years
Chestnut Hill Philadelphia, PA		—			8,289		5,691		4,509		8,289		10,200		18,489		4,447	2006	(a)	40 years
2914 Third Avenue Bronx, NY		—			11,108		8,038		4,788		11,855		12,079		23,934		3,085	2006	(a)	40 years
West Shore Expressway Staten Island, NY		—			3,380		13,499		—		3,380		13,499		16,879		4,496	2007	(a)	40 years
West 54th Street Manhattan, NY		—			16,699		18,704		1,234		16,699		19,938		36,637		6,184	2007	(a)	40 years
5-7 East 17th Street Manhattan, NY		—			3,048		7,281		6,133		3,048		13,414		16,462		2,855	2008	(a)	40 years
651-671 W Diversey Chicago, IL		—			8,576		17,256		8		8,576		17,264		25,840		3,273	2011	(a)	40 years
15 Mercer Street New York, NY		—			1,887		2,483		—		1,887		2,483		4,370		466	2011	(a)	40 years
4401 White Plains Bronx, NY		—			1,581		5,054		—		1,581		5,054		6,635		927	2011	(a)	40 years
Chicago Street Retail Portfolio Chicago, IL		—			27,588		52,274		14,804		27,626		67,040		94,666		13,063	2012	(a)	40 years
1520 Milwaukee Avenue Chicago, IL		—			2,110		1,306		290		2,110		1,596		3,706		243	2012	(a)	40 years
330-340 River Street Cambridge, MA		11,396			8,404		14,235		—		8,404		14,235		22,639		2,547	2012	(a)	40 years
Rhode Island Place Shopping Center Washington, D.C.		—			7,458		15,968		1,924		7,458		17,892		25,350		3,314	2012	(a)	40 years
930 Rush Street Chicago, IL		—			4,933		14,587		—		4,933		14,587		19,520		2,461	2012	(a)	40 years
28 Jericho Turnpike Westbury, NY		13,918			6,220		24,416		—		6,220		24,416		30,636		4,215	2012	(a)	40 years
181 Main Street Westport, CT		—			1,908		12,158		407		1,908		12,565		14,473		1,943	2012	(a)	40 years
83 Spring Street Manhattan, NY		—			1,754		9,200		—		1,754		9,200		10,954		1,495	2012	(a)	40 years
60 Orange Street Bloomfield, NJ		7,266			3,609		10,790		—		3,609		10,790		14,399		1,859	2012	(a)	40 years
179-53 & 1801-03 Connecticut Avenue Washington, D.C.		—			11,690		10,135		1,014		11,690		11,149		22,839		1,863	2012	(a)	40 years
639 West Diversey Chicago, IL		—			4,429		6,102		916		4,429		7,018		11,447		1,283	2012	(a)	40 years
664 North Michigan Chicago, IL		—			15,240		65,331		—		15,240		65,331		80,571		9,601	2013	(a)	40 years
8-12 E. Walton Chicago, IL		—			5,398		15,601		977		5,398		16,578		21,976		2,394	2013	(a)	40 years
3200-3204 M Street Washington, DC		—			6,899		4,249		168		6,899		4,417		11,316		693	2013	(a)	40 years
868 Broadway Manhattan, NY		—			3,519		9,247		5		3,519		9,252		12,771		1,174	2013	(a)	40 years
313-315 Bowery Manhattan, NY		—			—		5,516		—		—		5,516		5,516		1,116	2013	(a)	40 years
120 West Broadway Manhattan, NY		—			—		32,819		1,116		—		33,935		33,935		2,798	2013	(a)	40 years
11 E. Walton Chicago, IL		—			16,744		28,346		192		16,744		28,538		45,282		3,648	2014	(a)	40 years
61 Main Street Westport, CT		—			4,578		2,645		706		4,578		3,351		7,929		371	2014	(a)	40 years
865 W. North Avenue Chicago, IL		—			1,893		11,594		23		1,893		11,617		13,510		1,396	2014	(a)	40 years
152-154 Spring St. Manhattan, NY		—			8,544		27,001		—		8,544		27,001		35,545		3,184	2014	(a)	40 years
2520 Flatbush Ave Brooklyn, NY		—			6,613		10,419		248		6,613		10,667		17,280		1,299	2014	(a)	40 years
252-256 Greenwich Avenue Greenwich, CT		—			10,175		12,641		544		10,175		13,185		23,360		1,647	2014	(a)	40 years
Bedford Green Bedford Hills, NY		—			12,425		32,730		4,102		13,763		35,494		49,257		4,245	2014	(a)	40 years
131-135 Prince Street Manhattan, NY		—			—		57,536		242		—		57,778		57,778		11,605	2014	(a)	40 years
Shops at Grand Ave Queens, NY		—			20,264		33,131		1,965		20,264		35,096		55,360		3,651	2014	(a)	40 years
201 Needham Street Newton, MA		—			4,550		4,459		105		4,550		4,564		9,114		536	2014	(a)	40 years
City Center San Francisco, CA		—			36,063		109,098		16,814		36,063		125,912		161,975		10,585	2015	(a)	40 years
163 Highland Avenue Needham, MA		8,852			12,679		11,213		—		12,679		11,213		23,892		1,198	2015	(a)	40 years
Roosevelt Galleria Chicago, IL		—			4,838		14,574		13		4,838		14,587		19,425		1,223	2015	(a)	40 years
Route 202 Shopping Center Wilmington, DE		—			—		6,346		501		—		6,847		6,847		673	2015	(a)	40 years
991 Madison Avenue New York, NY		—			—		76,965		1,506		—		78,471		78,471		4,413	2016	(a)	40 years
165 Newbury Street Boston, MA		—			1,918		3,980		—		1,918		3,980		5,898		265	2016	(a)	40 years
Concord & Milwaukee Chicago, IL		2,728			2,739		2,746		—		2,739		2,746		5,485		175	2016	(a)	40 years
State & Washington Chicago, IL		24,439			3,907		70,943		20		3,907		70,963		74,870		4,138	2016	(a)	40 years
151 N. State Street Chicago, IL		13,882			1,941		25,529		—		1,941		25,529		27,470		1,542	2016	(a)	40 years
North & Kingsbury Chicago, IL		12,555			18,731		16,292		52		18,731		16,344		35,075		989	2016	(a)	40 years
Sullivan Center Chicago, IL		50,000			13,443		137,327		419		13,443		137,746		151,189		8,052	2016	(a)	40 years
California & Armitage Chicago, IL		2,566			6,770		2,292		2		6,770		2,294		9,064		148	2016	(a)	40 years
555 9th Street San Francisco, CA		60,000			75,591		73,268		1		75,591		73,269		148,860		4,000	2016	(a)	40 years
Market Square Wilmington, DE		—			8,100		31,221		228		8,100		31,449		39,549		937	2017	(a)	40 years
Undeveloped Land		—			100		—		—		100		—		100		—
Fund II:
City Point Brooklyn, NY		224,587			—		100,316		468,337		—		568,653		568,653		29,640	2007	(c)	40 years
Fund III:
654 Broadway Manhattan, NY		—			9,040		3,654		3,497		9,040		7,151		16,191		1,209	2011	(a)	40 years
640 Broadway Manhattan, NY		49,470			12,503		19,960		14,304		12,503		34,264		46,767		5,798	2012	(a)	40 years
Cortlandt Crossing Mohegan Lake, NY		26,000			11,000		—		64,870		12,750		63,120		75,870		415	2012	(c)	40 years
3104 M Street Washington, DC		4,531			750		2,115		5,162		750		7,277		8,027		566	2013	(c)	40 years
3780-3858 Nostrand Avenue Brooklyn, NY		10,097			6,229		11,216		6,365		6,229		17,581		23,810		2,857	2013	(a)	40 years
Fund IV:
210 Bowery Manhattan, NY		—			1,875		5,625		6,021		1,875		11,646		13,521		26	2012	(c)	40 years
Paramus Plaza Paramus, NJ		17,627			11,052		7,037		11,934		11,052		18,971		30,023		2,836	2013	(a)	40 years
938 W. North Avenue Chicago, IL		14,100			2,314		17,067		5,362		2,314		22,429		24,743		2,473	2013	(a)	40 years
27 E. 61st Street Manhattan, NY		—			4,813		14,438		7,100		4,813		21,538		26,351		666	2014	(c)	40 years
17 E. 71st Street Manhattan, NY		18,906			7,391		20,176		280		7,391		20,456		27,847		2,211	2014	(a)	40 years
1035 Third Avenue Manhattan, NY		38,434			12,759		37,431		5,386		14,099		41,477		55,576		4,222	2015	(a)	40 years
801 Madison Avenue Manhattan, NY		—			4,178		28,470		5,608		4,178		34,078		38,256		1,054	2015	(c)	40 years
2208-2216 Fillmore Street San Francisco, CA		5,606			3,027		6,376		32		3,027		6,408		9,435		511	2015	(a)	40 years
146 Geary Street San Francisco, CA		27,700			9,500		28,500		489		9,500		28,989		38,489		2,257	2015	(a)	40 years
2207 Fillmore Street San Francisco, CA		1,120			1,498		1,735		118		1,498		1,853		3,351		143	2015	(a)	40 years
1964 Union Street San Francisco, CA		1,463			563		1,688		1,867		563		3,555		4,118		121	2016	(c)	40 years
Restaurants at Fort Point Boston, MA		6,201			1,041		10,905		—		1,041		10,905		11,946		818	2016	(a)	40 years
Wakeforest Crossing Wake Forest, NC		23,706			7,570		24,829		220		7,570		25,049		32,619		1,799	2016	(a)	40 years
Airport Mall Bangor, ME		5,476			2,294		7,067		458		2,294		7,525		9,819		526	2016	(a)	40 years
Colonie Plaza Albany, NY		11,890			2,852		9,619		271		2,852		9,890		12,742		632	2016	(a)	40 years
Dauphin Plaza Harrisburg, PA		10,021			5,290		9,464		2,235		5,290		11,699		16,989		793	2016	(a)	40 years
JFK Plaza Waterville, ME		4,381			751		5,991		9		751		6,000		6,751		412	2016	(a)	40 years
Mayfair Shopping Center Philadelphia, PA		—			6,178		9,266		741		6,178		10,007		16,185		602	2016	(a)	40 years
Shaw's Plaza Waterville, ME		7,840			828		11,814		56		828		11,870		12,698		721	2016	(a)	40 years
Wells Plaza Wells, ME		3,286			1,892		2,585		236		1,892		2,821		4,713		245	2016	(a)	40 years
717 N. Michigan Chicago, IL		18,972			20,674		10,093		1		20,674		10,094		30,768		523	2016	(c)	40 years
Shaw's Plaza North Windham, ME		5,848			1,876		6,696		1		1,876		6,697		8,573		281	2017	(a)	40 years
Lincoln Place Fairview Heights, IL		23,100			7,149		22,201		920		7,149		23,121		30,270		1,218	2017	(a)	40 years
Broughton Street Portfolio (BSP I) Savannah, GA		19,773			9,930		21,905		—		9,930		21,905		31,835		136	2018	(a)	40 years
Fund V:
Plaza Santa Fe Santa Fe, NM		22,893			—		28,214		69		—		28,283		28,283		1,228	2017	(a)	40 years
Hickory Ridge Hickory, NC		28,613			7,852		29,998		75		7,852		30,073		37,925		1,166	2017	(a)	40 years
New Towne Plaza Canton, MI		16,900			5,040		17,391		106		5,040		17,497		22,537		713	2017	(a)	40 years
Fairlane Green Allen Park, MI		40,300			18,121		37,143		247		18,121		37,390		55,511		1,026	2017	(a)	40 years
Trussville Promenade Birmingham, AL		29,370			7,587		34,285		—		7,587		34,285		41,872		778	2018	(a)	40 years
Elk Grove Commons Elk Grove, CA		—			6,204		48,008		28		6,204		48,036		54,240		525	2018	(a)	40 years
Hiram Pavilion I & II Hiram, GA		—			13,029		25,446		27		13,029		25,473		38,502		137	2018	(a)	40 years

Real Estate Under Development		47,645			65,297		31,473		23,527		65,297		55,000		120,297		—
Debt of Assets Held for Sale		—			—		—		—		—		—		—		—
Unamortized Loan Costs		(10,173	)		—		—		—		—		—		—		—
Unamortized Premium		753			—		—		—		—		—		—		—
Total	$	1,017,288		$	769,582	$	2,079,002	$	849,221	$	775,766	$	2,922,039	$	3,697,805	$	416,657

The following table reconciles the activity for real estate properties from January 1, 2016 to December 31, 2018 (in thousands):

The following table reconciles accumulated depreciation from January 1, 2016 to December 31, 2018 (in thousands):