Schedule III – Real Estate and Accumulated Depreciation as of December 31, 2013

(Dollars in thousands)



			Land						Buildings, Improvements, Lease Intangibles and CIP
Property Type	Number of Properties	State	Initial Investment		Cost Capitalized Subsequent to Acquisition		Total		Initial Investment		Cost Capitalized Subsequent to Acquisition		Total		Personal Property		(2) (3) (5) Total Property		(1) (3) (5) Accumulated Depreciation		(4) Encumbrances		Date Acquired	Date Constructed
Medical office/outpatient	177	AL, AZ, CA, CO, DC, FL, GA, HI, IA, IL, IN, KS, LA, MD, MI, MO, MS, NC, NV, OH, OR, PA, SC, SD, TN, TX, VA, WA	$	152,084	$	3,137	$	155,221	$	2,108,791	$	310,442	$	2,419,233	$	2,969	$	2,577,423	$	542,671	$	164,269	1993-2013	1905 -2012
Inpatient	14	AZ, CA, CO, IN, MO, PA, TX	23,237		150		23,387		404,427		9,505		413,932		265		437,584		71,563		—		1994-2013	1983 -2013
Other	10	AL, IN, MI TN, VA	1,828		73		1,901		36,323		7,848		44,171		636		46,708		24,494		1,527		1993-2011	1906 - 1995
Total Real Estate	201		177,149		3,360		180,509		2,549,541		327,795		2,877,336		3,870		3,061,715		638,728		165,796
Land Held for Develop.	—		17,054		—		17,054		—		—		—		—		17,054		89		—
Corporate Property	—		—		—		—		—		—		—		5,397		5,397		3,503		—
Total Properties	201		$	194,203	$	3,360	$	197,563	$	2,549,541	$	327,795	$	2,877,336	$	9,267	$	3,084,166	$	642,320	$	165,796

(1)

Includes three assets held for sale as of December 31, 2013 of approximately $17.0 million (gross) and accumulated depreciation of $10.2 million, one asset held for sale as of December 31, 2012 of approximately $9.6 million (gross) and accumulated depreciation of $6.3 million; and 15 assets held for sale as of December 31, 2011 of $52.8 million (gross) and accumulated depreciation of $24.6 million. See Note 1 to the Consolidated Financial Statements for information regarding certain reclassifications from the "Real estate properties" line item to the "Other assets" line item.


(2)	Total assets as of December 31, 2013 have an estimated aggregate total cost of $3.1 billion for federal income tax purposes.


(3)	Depreciation is provided for on a straight-line basis on buildings and improvements over 3.3 to 39.0 years, lease intangibles over 2.0 to 93.1 years, personal property over 1.9 to 15.8 years, and land improvements over 15.0 to 38.1 years.


(4)	Includes unaccreted discounts, net of premiums totaling $0.9 million as of December 31, 2013.


(5)	A reconciliation of Total Property and Accumulated Depreciation for the twelve months ended December 31, 2013, 2012 and 2011 follows:



	Year Ended December 31, 2013⁽¹⁾						Year Ended December 31, 2012⁽¹⁾						Year Ended December 31, 2011 ⁽¹⁾
(Dollars in thousands)	Total Property			Accumulated Depreciation			Total Property			Accumulated Depreciation			Total Property			Accumulated Depreciation
Beginning Balance	$	2,830,931		$	586,920		$	2,831,732		$	536,682		$	2,605,516		$	500,406
Additions during the period:
Real Estate	372,946			98,090			160,082			95,110			186,923			85,325
Corporate Property	62			211			27			219			101			243
Land held for development	—			26			—			26			4,403			26
Construction in Progress	—			—			5,608			—			101,282			—
Retirement/dispositions:
Real Estate	(111,656		)	(42,927		)	(128,104		)	(44,896		)	(65,680		)	(48,505		)
Disposal of previously consolidated VIE	—			—			(38,193		)	—			—			—
Land held for development	(8,117		)	—			—			—			—			—
Corporate Property	—			—			(221		)	(221		)	(813		)	(813		)
Ending Balance	$	3,084,166		$	642,320		$	2,830,931		$	586,920		$	2,831,732		$	536,682