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Schedule III - Consolidated Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Consolidated Real Estate and Accumulated Depreciation
REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
101 7th Avenue
 
$
48,340

 
34,895

 

 
48,340

 
34,895

 
83,235

 
1,834

 
81,401

 

1175 Third Avenue
 
40,560

 
25,617

 

 
40,560

 
25,617

 
66,177

 
1,371

 
64,806

 

1225-1239 Second Ave
 
23,033

 
17,173

 
45

 
23,033

 
17,218

 
40,251

 
989

 
39,262

 

200 Potrero
 
4,860

 
2,251

 
125

 
4,860

 
2,376

 
7,236

 
102

 
7,134

 

22 Crescent Road
 
2,198

 
272

 

 
2,198

 
272

 
2,470

 
39

 
2,431

 

4S Commons Town Center
 
30,760

 
35,830

 
1,286

 
30,812

 
37,064

 
67,876

 
24,513

 
43,363

 
85,000

90-30 Metropolitan Avenue
 
16,614

 
24,171

 
18

 
16,614

 
24,189

 
40,803

 
1,381

 
39,422

 

91 Danbury Road
 
732

 
851

 

 
732

 
851

 
1,583

 
67

 
1,516

 

Alafaya Village
 
3,004

 
5,852

 
109

 
3,004

 
5,961

 
8,965

 
465

 
8,500

 

Amerige Heights Town Center
 
10,109

 
11,288

 
735

 
10,109

 
12,023

 
22,132

 
4,804

 
17,328

 

Anastasia Plaza
 
9,065

 

 
688

 
3,338

 
6,415

 
9,753

 
2,593

 
7,160

 

Ashford Place
 
2,584

 
9,865

 
1,142

 
2,584

 
11,007

 
13,591

 
7,666

 
5,925

 

Atlantic Village
 
4,282

 
18,827

 
697

 
4,282

 
19,524

 
23,806

 
1,502

 
22,304

 

Aventura Shopping Center
 
2,751

 
10,459

 
10,926

 
9,407

 
14,729

 
24,136

 
943

 
23,193

 

Aventura Square
 
88,098

 
20,771

 
1,706

 
89,657

 
20,918

 
110,575

 
1,529

 
109,046

 
7,083

Balboa Mesa Shopping Center
 
23,074

 
33,838

 
14,059

 
27,758

 
43,213

 
70,971

 
11,900

 
59,071

 

Banco Popular Building
 
2,160

 
1,137

 
(33
)
 
2,160

 
1,104

 
3,264

 
70

 
3,194

 

Belleview Square
 
8,132

 
9,756

 
2,975

 
8,323

 
12,540

 
20,863

 
7,949

 
12,914

 

Belmont Chase
 
13,881

 
17,193

 
(600
)
 
14,372

 
16,102

 
30,474

 
3,637

 
26,837

 

Berkshire Commons
 
2,295

 
9,551

 
2,630

 
2,965

 
11,511

 
14,476

 
7,763

 
6,713

 

Bird 107 Plaza
 
10,371

 
5,136

 
21

 
10,371

 
5,157

 
15,528

 
423

 
15,105

 

Bird Ludlam
 
42,663

 
38,481

 
285

 
42,663

 
38,766

 
81,429

 
2,649

 
78,780

 

Black Rock
 
22,251

 
20,815

 
630

 
22,251

 
21,445

 
43,696

 
4,310

 
39,386

 
20,000

Bloomingdale Square
 
3,940

 
14,912

 
1,480

 
4,471

 
15,861

 
20,332

 
8,851

 
11,481

 

Bluffs Square Shoppes
 
7,431

 
12,053

 
874

 
7,431

 
12,927

 
20,358

 
1,203

 
19,155

 

Boca Village Square
 
43,888

 
9,726

 
(34
)
 
43,888

 
9,692

 
53,580

 
981

 
52,599

 

Boulevard Center
 
3,659

 
10,787

 
2,434

 
3,659

 
13,221

 
16,880

 
7,085

 
9,795

 

Boynton Lakes Plaza
 
2,628

 
11,236

 
4,988

 
3,606

 
15,246

 
18,852

 
7,406

 
11,446

 

Boynton Plaza
 
12,879

 
20,713

 
160

 
12,879

 
20,873

 
33,752

 
1,533

 
32,219

 

Brentwood Plaza
 
2,788

 
3,473

 
333

 
2,788

 
3,806

 
6,594

 
1,391

 
5,203

 

Briarcliff La Vista
 
694

 
3,292

 
495

 
694

 
3,787

 
4,481

 
2,884

 
1,597

 

Briarcliff Village
 
4,597

 
24,836

 
2,504

 
4,597

 
27,340

 
31,937

 
18,513

 
13,424

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Brick Walk
 
25,299

 
41,995

 
1,328

 
25,299

 
43,323

 
68,622

 
6,810

 
61,812

 
33,000

BridgeMill Market
 
7,521

 
13,306

 
292

 
7,522

 
13,597

 
21,119

 
1,184

 
19,935

 
5,109

Bridgeton
 
3,033

 
8,137

 
548

 
3,067

 
8,651

 
11,718

 
2,595

 
9,123

 

Brighten Park
 
3,983

 
18,687

 
11,471

 
4,234

 
29,907

 
34,141

 
15,933

 
18,208

 

Broadway Plaza
 
40,723

 
42,170

 
1,385

 
40,723

 
43,555

 
84,278

 
2,641

 
81,637

 

Brooklyn Station on Riverside
 
7,019

 
8,688

 
99

 
7,019

 
8,787

 
15,806

 
1,470

 
14,336

 

Brookside Plaza
 
35,161

 
17,494

 
198

 
35,161

 
17,692

 
52,853

 
1,885

 
50,968

 

Buckhead Court
 
1,417

 
7,432

 
3,856

 
1,417

 
11,288

 
12,705

 
6,929

 
5,776

 

Buckhead Station
 
70,411

 
36,518

 
616

 
70,448

 
37,097

 
107,545

 
3,109

 
104,436

 

Buckley Square
 
2,970

 
5,978

 
1,212

 
2,970

 
7,190

 
10,160

 
4,268

 
5,892

 

Caligo Crossing
 
2,459

 
4,897

 
(7
)
 
2,546

 
4,803

 
7,349

 
2,823

 
4,526

 

Cambridge Square
 
774

 
4,347

 
803

 
774

 
5,150

 
5,924

 
3,274

 
2,650

 

Carmel Commons
 
2,466

 
12,548

 
5,456

 
3,422

 
17,048

 
20,470

 
9,810

 
10,660

 

Carriage Gate
 
833

 
4,974

 
3,381

 
1,302

 
7,886

 
9,188

 
6,065

 
3,123

 

Carytown Exchange
 
4,378

 
1,328

 

 
4,378

 
1,328

 
5,706

 

 
5,706

 

Cashmere Corners
 
3,187

 
9,397

 
203

 
3,187

 
9,600

 
12,787

 
878

 
11,909

 

Centerplace of Greeley III
 
6,661

 
11,502

 
206

 
5,694

 
12,675

 
18,369

 
4,885

 
13,484

 

Charlotte Square
 
1,141

 
6,845

 
552

 
1,141

 
7,397

 
8,538

 
697

 
7,841

 

Chasewood Plaza
 
4,612

 
20,829

 
5,555

 
6,876

 
24,120

 
30,996

 
17,147

 
13,849

 

Chastain Square
 
30,074

 
12,644

 
1,340

 
30,074

 
13,984

 
44,058

 
1,344

 
42,714

 

Cherry Grove
 
3,533

 
15,862

 
4,501

 
3,533

 
20,363

 
23,896

 
10,370

 
13,526

 

Chimney Rock
 
25,666

 
46,782

 

 
25,666

 
46,782

 
72,448

 
2,587

 
69,861

 

Circle Center West
 
22,930

 
9,028

 
74

 
22,930

 
9,102

 
32,032

 
739

 
31,293

 
9,864

CityLine Market
 
12,208

 
15,839

 
153

 
12,306

 
15,894

 
28,200

 
2,264

 
25,936

 

CityLine Market Phase II
 
2,744

 
3,081

 

 
2,744

 
3,081

 
5,825

 
369

 
5,456

 

Clayton Valley Shopping Center
 
24,189

 
35,422

 
2,814

 
24,538

 
37,887

 
62,425

 
24,506

 
37,919

 

Clocktower Plaza Shopping Ctr
 
49,630

 
19,624

 
127

 
49,630

 
19,751

 
69,381

 
1,312

 
68,069

 

Clybourn Commons
 
15,056

 
5,594

 
334

 
15,056

 
5,928

 
20,984

 
1,192

 
19,792

 

Cochran's Crossing
 
13,154

 
12,315

 
1,522

 
13,154

 
13,837

 
26,991

 
9,801

 
17,190

 

Compo Acres Shopping Center
 
28,627

 
10,395

 
608

 
28,627

 
11,003

 
39,630

 
681

 
38,949

 

Concord Shopping Plaza
 
30,819

 
36,506

 
637

 
31,272

 
36,690

 
67,962

 
2,410

 
65,552

 
27,750

Copps Hill Plaza
 
29,515

 
40,673

 
203

 
29,514

 
40,877

 
70,391

 
2,842

 
67,549

 
13,293

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Coral Reef Shopping Center
 
14,922

 
15,200

 
565

 
14,922

 
15,765

 
30,687

 
1,100

 
29,587

 

Corkscrew Village
 
8,407

 
8,004

 
600

 
8,407

 
8,604

 
17,011

 
3,466

 
13,545

 

Cornerstone Square
 
1,772

 
6,944

 
1,682

 
1,772

 
8,626

 
10,398

 
5,619

 
4,779

 

Corvallis Market Center
 
6,674

 
12,244

 
456

 
6,696

 
12,678

 
19,374

 
5,825

 
13,549

 

Costa Verde Center
 
12,740

 
26,868

 
1,693

 
12,798

 
28,503

 
41,301

 
16,188

 
25,113

 

Countryside Shops
 
17,982

 
35,574

 
13,934

 
23,038

 
44,452

 
67,490

 
2,691

 
64,799

 

Courtyard Shopping Center
 
5,867

 
4

 
3

 
5,867

 
7

 
5,874

 
2

 
5,872

 

Culver Center
 
108,841

 
32,308

 
565

 
108,841

 
32,873

 
141,714

 
2,548

 
139,166

 

Danbury Green
 
30,303

 
19,255

 
122

 
30,303

 
19,377

 
49,680

 
1,317

 
48,363

 

Dardenne Crossing
 
4,194

 
4,005

 
393

 
4,343

 
4,249

 
8,592

 
1,814

 
6,778

 

Darinor Plaza
 
693

 
32,140

 
688

 
711

 
32,810

 
33,521

 
2,235

 
31,286

 

Diablo Plaza
 
5,300

 
8,181

 
1,641

 
5,300

 
9,822

 
15,122

 
5,258

 
9,864

 

Dunwoody Village
 
3,342

 
15,934

 
4,512

 
3,342

 
20,446

 
23,788

 
14,284

 
9,504

 

East Pointe
 
1,730

 
7,189

 
2,090

 
1,941

 
9,068

 
11,009

 
5,570

 
5,439

 

El Camino Shopping Center
 
7,600

 
11,538

 
13,155

 
10,266

 
22,027

 
32,293

 
7,581

 
24,712

 

El Cerrito Plaza
 
11,025

 
27,371

 
2,092

 
11,025

 
29,463

 
40,488

 
10,480

 
30,008

 

El Norte Parkway Plaza
 
2,834

 
7,370

 
3,373

 
3,263

 
10,314

 
13,577

 
5,399

 
8,178

 

Elmwood Oaks Shopping Center
 
5,427

 
9,255

 
386

 
5,427

 
9,641

 
15,068

 
1,152

 
13,916

 

Encina Grande
 
5,040

 
11,572

 
19,531

 
10,086

 
26,057

 
36,143

 
11,152

 
24,991

 

Fairfield Center
 
6,731

 
29,420

 
752

 
6,731

 
30,172

 
36,903

 
4,574

 
32,329

 

Falcon Marketplace
 
1,340

 
4,168

 
162

 
1,340

 
4,330

 
5,670

 
2,240

 
3,430

 

Fellsway Plaza
 
30,712

 
7,327

 
10,105

 
34,923

 
13,221

 
48,144

 
5,014

 
43,130

 
37,500

Fenton Marketplace
 
2,298

 
8,510

 
(8,151
)
 
512

 
2,145

 
2,657

 
853

 
1,804

 

Fleming Island
 
3,077

 
11,587

 
3,006

 
3,111

 
14,559

 
17,670

 
7,823

 
9,847

 

Folsom Prairie City Crossing
 
4,164

 
13,032

 
620

 
4,164

 
13,652

 
17,816

 
6,271

 
11,545

 

Fountain Square
 
29,650

 
28,984

 
39

 
29,712

 
28,961

 
58,673

 
6,477

 
52,196

 

French Valley Village Center
 
11,924

 
16,856

 
266

 
11,822

 
17,224

 
29,046

 
12,220

 
16,826

 

Friars Mission Center
 
6,660

 
28,021

 
1,810

 
6,660

 
29,831

 
36,491

 
15,045

 
21,446

 

Gardens Square
 
2,136

 
8,273

 
620

 
2,136

 
8,893

 
11,029

 
5,000

 
6,029

 

Gateway 101
 
24,971

 
9,113

 
(1,302
)
 
24,971

 
7,811

 
32,782

 
3,219

 
29,563

 

Gateway Shopping Center
 
52,665

 
7,134

 
9,603

 
55,346

 
14,056

 
69,402

 
15,180

 
54,222

 

Gelson's Westlake Market Plaza
 
3,157

 
11,153

 
5,793

 
4,654

 
15,449

 
20,103

 
6,837

 
13,266

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Glen Oak Plaza
 
4,103

 
12,951

 
863

 
4,103

 
13,814

 
17,917

 
3,858

 
14,059

 

Glengary Shoppes
 
9,120

 
11,541

 
14

 
9,120

 
11,555

 
20,675

 
1,046

 
19,629

 

Glenwood Village
 
1,194

 
5,381

 
311

 
1,194

 
5,692

 
6,886

 
4,288

 
2,598

 

Golden Hills Plaza
 
12,699

 
18,482

 
3,680

 
11,518

 
23,343

 
34,861

 
8,807

 
26,054

 

Grand Ridge Plaza
 
24,208

 
61,033

 
6,106

 
24,918

 
66,429

 
91,347

 
17,134

 
74,213

 

Greenwood Shopping Centre
 
7,777

 
24,829

 
375

 
7,777

 
25,204

 
32,981

 
1,865

 
31,116

 

Hammocks Town Center
 
28,764

 
25,113

 
(19
)
 
28,764

 
25,094

 
53,858

 
2,149

 
51,709

 

Hancock
 
8,232

 
28,260

 
2,056

 
8,232

 
30,316

 
38,548

 
16,351

 
22,197

 

Harpeth Village Fieldstone
 
2,284

 
9,443

 
620

 
2,284

 
10,063

 
12,347

 
5,293

 
7,054

 

Harris Crossing
 
7,199

 
3,687

 
(1,615
)
 
5,508

 
3,763

 
9,271

 
2,425

 
6,846

 

Heritage Plaza
 
12,390

 
26,097

 
14,098

 
12,215

 
40,370

 
52,585

 
17,549

 
35,036

 

Hershey
 
7

 
808

 
9

 
7

 
817

 
824

 
430

 
394

 

Hewlett Crossing I & II
 
11,850

 
18,205

 
680

 
11,850

 
18,885

 
30,735

 
603

 
30,132

 
9,559

Hibernia Pavilion
 
4,929

 
5,065

 
162

 
4,929

 
5,227

 
10,156

 
2,970

 
7,186

 

Hickory Creek Plaza
 
5,629

 
4,564

 
445

 
5,629

 
5,009

 
10,638

 
4,263

 
6,375

 

Hillcrest Village
 
1,600

 
1,909

 
51

 
1,600

 
1,960

 
3,560

 
997

 
2,563

 

Hilltop Village
 
2,995

 
4,581

 
3,593

 
3,104

 
8,065

 
11,169

 
2,296

 
8,873

 

Hinsdale
 
5,734

 
16,709

 
11,498

 
8,343

 
25,598

 
33,941

 
12,666

 
21,275

 

Holly Park
 
8,975

 
23,799

 
(112
)
 
8,828

 
23,834

 
32,662

 
4,366

 
28,296

 

Homestead McDonald's
 
2,229

 

 

 
2,229

 

 
2,229

 
15

 
2,214

 

Howell Mill Village
 
5,157

 
14,279

 
2,692

 
5,157

 
16,971

 
22,128

 
6,226

 
15,902

 

Hyde Park
 
9,809

 
39,905

 
3,522

 
9,809

 
43,427

 
53,236

 
25,026

 
28,210

 

Indian Springs Center
 
24,974

 
25,903

 
204

 
25,034

 
26,047

 
51,081

 
3,988

 
47,093

 

Inglewood Plaza
 
1,300

 
2,159

 
657

 
1,300

 
2,816

 
4,116

 
1,496

 
2,620

 

Jefferson Square
 
5,167

 
6,445

 
(7,219
)
 
1,894

 
2,499

 
4,393

 
797

 
3,596

 

Keller Town Center
 
2,294

 
12,841

 
666

 
2,404

 
13,397

 
15,801

 
6,787

 
9,014

 

Kent Place
 
4,855

 
3,586

 
938

 
5,269

 
4,110

 
9,379

 
986

 
8,393

 
8,250

Kirkman Shoppes
 
9,364

 
26,243

 
540

 
9,367

 
26,780

 
36,147

 
1,827

 
34,320

 

Kirkwood Commons
 
6,772

 
16,224

 
838

 
6,802

 
17,032

 
23,834

 
4,539

 
19,295

 
8,742

Klahanie Shopping Center
 
14,451

 
20,089

 
490

 
14,451

 
20,579

 
35,030

 
1,906

 
33,124

 

Kroger New Albany Center
 
3,844

 
6,599

 
1,278

 
3,844

 
7,877

 
11,721

 
5,472

 
6,249

 

Lake Mary Centre
 
24,036

 
57,476

 
576

 
24,036

 
58,052

 
82,088

 
4,546

 
77,542

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Lake Pine Plaza
 
2,008

 
7,632

 
767

 
2,029

 
8,378

 
10,407

 
4,554

 
5,853

 

Lantana Outparcels
 
3,710

 
1,004

 

 
3,710

 
1,004

 
4,714

 
157

 
4,557

 

Lebanon/Legacy Center
 
3,913

 
7,874

 
689

 
3,913

 
8,563

 
12,476

 
5,903

 
6,573

 

Littleton Square
 
2,030

 
8,859

 
(3,867
)
 
2,423

 
4,599

 
7,022

 
2,186

 
4,836

 

Lloyd King Center
 
1,779

 
10,060

 
1,213

 
1,779

 
11,273

 
13,052

 
6,224

 
6,828

 

Lower Nazareth Commons
 
15,992

 
12,964

 
3,664

 
16,343

 
16,277

 
32,620

 
8,616

 
24,004

 

Mandarin Landing
 
7,913

 
27,230

 
309

 
7,913

 
27,539

 
35,452

 
2,036

 
33,416

 

Market at Colonnade Center
 
6,455

 
9,839

 
87

 
6,160

 
10,221

 
16,381

 
3,877

 
12,504

 

Market at Preston Forest
 
4,400

 
11,445

 
1,291

 
4,400

 
12,736

 
17,136

 
6,915

 
10,221

 

Market at Round Rock
 
2,000

 
9,676

 
6,543

 
1,996

 
16,223

 
18,219

 
9,577

 
8,642

 

Market at Springwoods Village
 
12,712

 
12,351

 

 
12,712

 
12,351

 
25,063

 
988

 
24,075

 
10,309

Market Common Clarendon
 
154,932

 
126,328

 
712

 
154,932

 
127,040

 
281,972

 
14,928

 
267,044

 

Marketplace at Briargate
 
1,706

 
4,885

 
87

 
1,727

 
4,951

 
6,678

 
2,668

 
4,010

 

Mellody Farm
 
34,866

 
54,861

 

 
34,866

 
54,861

 
89,727

 
725

 
89,002

 

Millhopper Shopping Center
 
1,073

 
5,358

 
5,980

 
1,901

 
10,510

 
12,411

 
6,906

 
5,505

 

Mockingbird Commons
 
3,000

 
10,728

 
2,176

 
3,000

 
12,904

 
15,904

 
6,447

 
9,457

 

Monument Jackson Creek
 
2,999

 
6,765

 
807

 
2,999

 
7,572

 
10,571

 
5,563

 
5,008

 

Morningside Plaza
 
4,300

 
13,951

 
868

 
4,300

 
14,819

 
19,119

 
7,812

 
11,307

 

Murryhill Marketplace
 
2,670

 
18,401

 
13,193

 
2,903

 
31,361

 
34,264

 
12,791

 
21,473

 

Naples Walk
 
18,173

 
13,554

 
1,126

 
18,173

 
14,680

 
32,853

 
6,193

 
26,660

 

Newberry Square
 
2,412

 
10,150

 
834

 
2,412

 
10,984

 
13,396

 
8,302

 
5,094

 

Newland Center
 
12,500

 
10,697

 
8,247

 
16,192

 
15,252

 
31,444

 
7,894

 
23,550

 

Nocatee Town Center
 
10,124

 
8,691

 
7,358

 
10,582

 
15,591

 
26,173

 
5,312

 
20,861

 

North Hills
 
4,900

 
19,774

 
1,372

 
4,900

 
21,146

 
26,046

 
11,108

 
14,938

 

Northgate Marketplace
 
5,668

 
13,727

 
(52
)
 
4,995

 
14,348

 
19,343

 
4,786

 
14,557

 

Northgate Marketplace Phase II
 
12,189

 
30,160

 

 
12,189

 
30,160

 
42,349

 
3,105

 
39,244

 

Northgate Plaza (Maxtown Road)
 
1,769

 
6,652

 
4,899

 
2,840

 
10,480

 
13,320

 
4,766

 
8,554

 

Northgate Square
 
5,011

 
8,692

 
1,073

 
5,011

 
9,765

 
14,776

 
4,086

 
10,690

 

Northlake Village
 
2,662

 
11,284

 
1,717

 
2,686

 
12,977

 
15,663

 
6,661

 
9,002

 

Oak Shade Town Center
 
6,591

 
28,966

 
670

 
6,591

 
29,636

 
36,227

 
8,020

 
28,207

 
7,570

Oakbrook Plaza
 
4,000

 
6,668

 
5,316

 
4,756

 
11,228

 
15,984

 
4,182

 
11,802

 

Oakleaf Commons
 
3,503

 
11,671

 
256

 
3,190

 
12,240

 
15,430

 
5,844

 
9,586

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Ocala Corners
 
1,816

 
10,515

 
522

 
1,816

 
11,037

 
12,853

 
3,764

 
9,089

 
4,148

Old St Augustine Plaza
 
2,368

 
11,405

 
7,771

 
3,178

 
18,366

 
21,544

 
7,068

 
14,476

 

Pablo Plaza
 
11,894

 
21,407

 
2,322

 
12,596

 
23,027

 
35,623

 
3,338

 
32,285

 

Paces Ferry Plaza
 
2,812

 
12,639

 
14,626

 
8,318

 
21,759

 
30,077

 
8,439

 
21,638

 

Panther Creek
 
14,414

 
14,748

 
4,935

 
15,212

 
18,885

 
34,097

 
12,667

 
21,430

 

Pavilion
 
15,626

 
22,124

 
446

 
15,626

 
22,570

 
38,196

 
1,848

 
36,348

 

Peartree Village
 
5,197

 
19,746

 
873

 
5,197

 
20,619

 
25,816

 
12,325

 
13,491

 

Persimmons Place
 
25,975

 
38,114

 
187

 
26,692

 
37,584

 
64,276

 
7,514

 
56,762

 

Piedmont Peachtree Crossing
 
45,502

 
16,642

 
128

 
45,502

 
16,770

 
62,272

 
1,471

 
60,801

 

Pike Creek
 
5,153

 
20,652

 
2,555

 
5,251

 
23,109

 
28,360

 
12,453

 
15,907

 

Pine Island
 
21,086

 
28,123

 
2,432

 
21,086

 
30,555

 
51,641

 
2,772

 
48,869

 

Pine Lake Village
 
6,300

 
10,991

 
1,287

 
6,300

 
12,278

 
18,578

 
6,458

 
12,120

 

Pine Ridge Square
 
13,951

 
23,147

 
210

 
13,951

 
23,357

 
37,308

 
1,730

 
35,578

 

Pine Tree Plaza
 
668

 
6,220

 
626

 
668

 
6,846

 
7,514

 
3,682

 
3,832

 

Pinecrest Place
 
3,753

 
12,310

 

 
3,753

 
12,310

 
16,063

 
453

 
15,610

 

Plaza Escuela
 
24,829

 
104,395

 
174

 
24,829

 
104,569

 
129,398

 
5,472

 
123,926

 

Plaza Hermosa
 
4,200

 
10,109

 
3,045

 
4,202

 
13,152

 
17,354

 
6,595

 
10,759

 

Pleasanton Plaza
 
21,839

 
24,743

 
85

 
21,839

 
24,828

 
46,667

 
1,789

 
44,878

 

Point 50 (Formerly Fairfax Shopping Center)
 
15,239

 
11,367

 
(16,447
)
 
10,159

 

 
10,159

 

 
10,159

 

Point Royale Shopping Center
 
18,201

 
14,889

 
6,158

 
19,372

 
19,876

 
39,248

 
1,762

 
37,486

 

Post Road Plaza
 
15,240

 
5,196

 
152

 
15,240

 
5,348

 
20,588

 
371

 
20,217

 

Potrero Center
 
133,422

 
116,758

 

 
133,422

 
116,758

 
250,180

 
6,259

 
243,921

 

Powell Street Plaza
 
8,248

 
30,716

 
2,422

 
8,248

 
33,138

 
41,386

 
15,488

 
25,898

 

Powers Ferry Square
 
3,687

 
17,965

 
9,403

 
5,752

 
25,303

 
31,055

 
15,774

 
15,281

 

Powers Ferry Village
 
1,191

 
4,672

 
538

 
1,191

 
5,210

 
6,401

 
3,820

 
2,581

 

Preston Oaks
 
763

 
30,438

 
1,014

 
763

 
31,452

 
32,215

 
5,265

 
26,950

 

Prestonbrook
 
7,069

 
8,622

 
573

 
7,069

 
9,195

 
16,264

 
6,732

 
9,532

 

Prosperity Centre
 
11,682

 
26,215

 
(38
)
 
11,681

 
26,178

 
37,859

 
1,953

 
35,906

 

Ralphs Circle Center
 
20,939

 
6,317

 
(21
)
 
20,939

 
6,296

 
27,235

 
552

 
26,683

 

Red Bank Village
 
10,336

 
9,505

 
1,964

 
10,539

 
11,266

 
21,805

 
2,957

 
18,848

 

Regency Commons
 
3,917

 
3,616

 
307

 
3,917

 
3,923

 
7,840

 
2,525

 
5,315

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Regency Square
 
4,770

 
25,191

 
6,281

 
5,060

 
31,182

 
36,242

 
23,967

 
12,275

 

Rivertowns Square
 
15,505

 
52,505

 
586

 
15,719

 
52,877

 
68,596

 
1,198

 
67,398

 

Rona Plaza
 
1,500

 
4,917

 
259

 
1,500

 
5,176

 
6,676

 
2,983

 
3,693

 

Roosevelt Square
 
40,371

 
32,108

 
1,324

 
40,382

 
33,421

 
73,803

 
1,017

 
72,786

 

Russell Ridge
 
2,234

 
6,903

 
1,373

 
2,234

 
8,276

 
10,510

 
5,116

 
5,394

 

Ryanwood Square
 
10,581

 
10,044

 
27

 
10,581

 
10,071

 
20,652

 
974

 
19,678

 

Salerno Village
 
1,355

 

 

 
1,355

 

 
1,355

 
9

 
1,346

 

Sammamish-Highlands
 
9,300

 
8,075

 
8,180

 
9,592

 
15,963

 
25,555

 
8,286

 
17,269

 

San Carlos Marketplace
 
36,006

 
57,886

 
(6
)
 
36,006

 
57,880

 
93,886

 
3,151

 
90,735

 

San Leandro Plaza
 
1,300

 
8,226

 
615

 
1,300

 
8,841

 
10,141

 
4,594

 
5,547

 

Sandy Springs
 
6,889

 
28,056

 
2,874

 
6,889

 
30,930

 
37,819

 
6,539

 
31,280

 

Sawgrass Promenade
 
10,846

 
12,525

 
132

 
10,846

 
12,657

 
23,503

 
1,099

 
22,404

 

Scripps Ranch Marketplace
 
59,949

 
26,334

 
306

 
59,949

 
26,640

 
86,589

 
1,018

 
85,571

 
27,000

Sequoia Station
 
9,100

 
18,356

 
1,791

 
9,100

 
20,147

 
29,247

 
10,437

 
18,810

 

Serramonte Center
 
390,106

 
172,652

 
54,176

 
409,772

 
207,162

 
616,934

 
13,114

 
603,820

 

Shaw's at Plymouth
 
3,968

 
8,367

 

 
3,968

 
8,367

 
12,335

 
666

 
11,669

 

Sheridan Plaza
 
82,260

 
97,273

 
651

 
82,260

 
97,924

 
180,184

 
6,814

 
173,370

 

Sherwood Crossings
 
2,731

 
6,360

 
1,176

 
2,731

 
7,536

 
10,267

 
3,175

 
7,092

 

Shoppes @ 104
 
11,193

 

 
2,351

 
7,021

 
6,523

 
13,544

 
2,456

 
11,088

 

Shoppes at Homestead
 
5,420

 
9,450

 
2,064

 
5,420

 
11,514

 
16,934

 
5,859

 
11,075

 

Shoppes at Lago Mar
 
8,323

 
11,347

 
(36
)
 
8,323

 
11,311

 
19,634

 
985

 
18,649

 

Shoppes at Sunlake Centre
 
16,643

 
15,091

 
195

 
16,643

 
15,286

 
31,929

 
1,475

 
30,454

 

Shoppes of Grande Oak
 
5,091

 
5,985

 
489

 
5,091

 
6,474

 
11,565

 
5,067

 
6,498

 

Shoppes of Jonathan's Landing
 
4,474

 
5,628

 
149

 
4,474

 
5,777

 
10,251

 
459

 
9,792

 

Shoppes of Oakbrook
 
20,538

 
42,992

 
465

 
20,538

 
43,457

 
63,995

 
2,987

 
61,008

 
4,626

Shoppes of Silver Lakes
 
17,529

 
21,829

 
(68
)
 
17,529

 
21,761

 
39,290

 
1,812

 
37,478

 

Shoppes of Sunset
 
2,860

 
1,316

 
(21
)
 
2,860

 
1,295

 
4,155

 
146

 
4,009

 

Shoppes of Sunset II
 
2,834

 
715

 
9

 
2,834

 
724

 
3,558

 
123

 
3,435

 

Shops at County Center
 
9,957

 
11,296

 
925

 
10,254

 
11,924

 
22,178

 
8,699

 
13,479

 

Shops at Erwin Mill
 
9,082

 
6,124

 
246

 
9,082

 
6,370

 
15,452

 
2,243

 
13,209

 
10,000

Shops at John's Creek
 
1,863

 
2,014

 
(334
)
 
1,501

 
2,042

 
3,543

 
1,334

 
2,209

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Shops at Mira Vista
 
11,691

 
9,026

 
137

 
11,691

 
9,163

 
20,854

 
1,779

 
19,075

 
225

Shops at Quail Creek
 
1,487

 
7,717

 
454

 
1,458

 
8,200

 
9,658

 
3,436

 
6,222

 

Shops at Saugus
 
19,201

 
17,984

 
(120
)
 
18,811

 
18,254

 
37,065

 
9,213

 
27,852

 

Shops at Skylake
 
84,586

 
39,342

 
1,270

 
85,117

 
40,081

 
125,198

 
3,516

 
121,682

 

Shops on Main
 
17,020

 
27,055

 
10,252

 
18,555

 
35,772

 
54,327

 
7,634

 
46,693

 

Siegen Village
 
6,462

 
11,834

 
268

 
6,462

 
12,102

 
18,564

 
1,452

 
17,112

 

Sope Creek Crossing
 
2,985

 
12,001

 
3,027

 
3,332

 
14,681

 
18,013

 
8,109

 
9,904

 

South Bay Village
 
11,714

 
15,580

 
1,739

 
11,776

 
17,257

 
29,033

 
3,955

 
25,078

 

South Beach Regional
 
28,188

 
53,405

 
490

 
28,188

 
53,895

 
82,083

 
4,240

 
77,843

 

South Point
 
6,563

 
7,939

 
25

 
6,563

 
7,964

 
14,527

 
675

 
13,852

 

Southbury Green
 
26,661

 
34,325

 
1,685

 
26,686

 
35,985

 
62,671

 
2,358

 
60,313

 

Southcenter
 
1,300

 
12,750

 
2,088

 
1,300

 
14,838

 
16,138

 
7,568

 
8,570

 

Southpark at Cinco Ranch
 
18,395

 
11,306

 
7,371

 
21,438

 
15,634

 
37,072

 
5,238

 
31,834

 

SouthPoint Crossing
 
4,412

 
12,235

 
1,049

 
4,382

 
13,314

 
17,696

 
6,882

 
10,814

 

Starke
 
71

 
1,683

 
7

 
71

 
1,690

 
1,761

 
771

 
990

 

Star's at Cambridge
 
31,082

 
13,520

 

 
31,082

 
13,520

 
44,602

 
919

 
43,683

 

Star's at Quincy
 
27,003

 
9,425

 

 
27,003

 
9,425

 
36,428

 
1,011

 
35,417

 

Star's at West Roxbury
 
21,973

 
13,386

 
(9
)
 
21,973

 
13,377

 
35,350

 
922

 
34,428

 

Sterling Ridge
 
12,846

 
12,162

 
826

 
12,846

 
12,988

 
25,834

 
9,596

 
16,238

 

Stroh Ranch
 
4,280

 
8,189

 
659

 
4,280

 
8,848

 
13,128

 
6,276

 
6,852

 

Suncoast Crossing
 
9,030

 
10,764

 
4,569

 
13,374

 
10,989

 
24,363

 
6,337

 
18,026

 

Talega Village Center
 
22,415

 
12,054

 
39

 
22,415

 
12,093

 
34,508

 
930

 
33,578

 

Tamarac Town Square
 
12,584

 
9,221

 
(5
)
 
12,584

 
9,216

 
21,800

 
919

 
20,881

 

Tanasbourne Market
 
3,269

 
10,861

 
(272
)
 
3,269

 
10,589

 
13,858

 
4,958

 
8,900

 

Tassajara Crossing
 
8,560

 
15,464

 
1,630

 
8,560

 
17,094

 
25,654

 
8,550

 
17,104

 

Tech Ridge Center
 
12,945

 
37,169

 
(14
)
 
12,945

 
37,155

 
50,100

 
13,800

 
36,300

 
5,694

The Abbot (Formerly The Collection at Harvard Square)
 
72,910

 
6,086

 
14

 
72,910

 
6,100

 
79,010

 
1,984

 
77,026

 

The Field at Commonwealth
 
25,328

 
15,490

 

 
25,328

 
15,490

 
40,818

 
814

 
40,004

 

The Gallery at Westbury Plaza
 
108,653

 
216,771

 
885

 
108,653

 
217,656

 
326,309

 
12,808

 
313,501

 

The Hub Hillcrest Market
 
18,773

 
61,906

 
5,059

 
19,611

 
66,127

 
85,738

 
12,181

 
73,557

 

The Marketplace Shopping Center
 
10,927

 
36,052

 
161

 
10,927

 
36,213

 
47,140

 
2,382

 
44,758

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
The Plaza at St. Lucie West
 
1,718

 
6,204

 
(6
)
 
1,718

 
6,198

 
7,916

 
442

 
7,474

 

The Point at Garden City Park
 
741

 
9,764

 
5,444

 
2,518

 
13,431

 
15,949

 
1,331

 
14,618

 

The Shops at Hampton Oaks
 
843

 
372

 
61

 
843

 
433

 
1,276

 
54

 
1,222

 

The Shops at Stonewall
 
27,511

 
22,123

 
8,787

 
28,633

 
29,788

 
58,421

 
17,319

 
41,102

 

The Village at Riverstone
 
20,645

 
11,155

 

 
20,645

 
11,155

 
31,800

 
173

 
31,627

 

The Village Center
 
43,597

 
16,428

 
502

 
44,070

 
16,457

 
60,527

 
1,261

 
59,266

 
13,434

Town and Country
 
4,664

 
5,207

 
27

 
4,664

 
5,234

 
9,898

 
635

 
9,263

 

Town Square
 
883

 
8,132

 
378

 
883

 
8,510

 
9,393

 
5,030

 
4,363

 

Treasure Coast Plaza
 
7,553

 
21,554

 
378

 
7,553

 
21,932

 
29,485

 
1,609

 
27,876

 
2,746

Tustin Legacy
 
13,836

 
23,856

 

 
13,836

 
23,856

 
37,692

 
1,420

 
36,272

 

Twin City Plaza
 
17,245

 
44,225

 
2,295

 
17,263

 
46,502

 
63,765

 
16,382

 
47,383

 

Twin Peaks
 
5,200

 
25,827

 
1,866

 
5,200

 
27,693

 
32,893

 
13,947

 
18,946

 

Unigold Shopping Center
 
5,490

 
5,144

 
6,320

 
5,561

 
11,393

 
16,954

 
810

 
16,144

 

University Commons
 
4,070

 
30,785

 
5

 
4,070

 
30,790

 
34,860

 
4,234

 
30,626

 
36,425

Valencia Crossroads
 
17,921

 
17,659

 
1,207

 
17,921

 
18,866

 
36,787

 
15,823

 
20,964

 

Village at La Floresta
 
13,140

 
20,571

 
(272
)
 
13,156

 
20,283

 
33,439

 
3,342

 
30,097

 

Village at Lee Airpark
 
11,099

 
12,968

 
3,485

 
12,007

 
15,545

 
27,552

 
8,952

 
18,600

 

Village Center
 
3,885

 
14,131

 
8,974

 
5,480

 
21,510

 
26,990

 
9,461

 
17,529

 

Vons Circle Center
 
49,037

 
22,618

 
88

 
49,037

 
22,706

 
71,743

 
1,651

 
70,092

 
7,699

Walker Center
 
3,840

 
7,232

 
4,151

 
3,878

 
11,345

 
15,223

 
6,572

 
8,651

 

Walmart Norwalk
 
20,394

 
21,261

 

 
20,394

 
21,261

 
41,655

 
1,709

 
39,946

 

Waterstone Plaza
 
5,498

 
13,500

 
12

 
5,498

 
13,512

 
19,010

 
978

 
18,032

 

Welleby Plaza
 
1,496

 
7,787

 
1,504

 
1,496

 
9,291

 
10,787

 
7,434

 
3,353

 

Wellington Town Square
 
2,041

 
12,131

 
111

 
2,041

 
12,242

 
14,283

 
7,157

 
7,126

 

West Bird Plaza
 
12,934

 
18,594

 
(5
)
 
12,934

 
18,589

 
31,523

 
1,355

 
30,168

 

West Chester Plaza
 
1,857

 
7,572

 
483

 
1,857

 
8,055

 
9,912

 
5,566

 
4,346

 

West Lake Shopping Center
 
10,561

 
9,792

 
(16
)
 
10,561

 
9,776

 
20,337

 
1,007

 
19,330

 

West Park Plaza
 
5,840

 
5,759

 
1,590

 
5,840

 
7,349

 
13,189

 
4,117

 
9,072

 

Westbury Plaza
 
116,129

 
51,460

 
3,082

 
116,129

 
54,542

 
170,671

 
4,695

 
165,976

 
88,000

Westchase
 
5,302

 
8,273

 
964

 
5,302

 
9,237

 
14,539

 
3,582

 
10,957

 

Westchester Commons
 
3,366

 
11,751

 
10,722

 
4,894

 
20,945

 
25,839

 
7,287

 
18,552

 

Westlake Village Plaza
 
7,043

 
27,195

 
29,943

 
17,602

 
46,579

 
64,181

 
22,831

 
41,350

 

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P.
Schedule III - Consolidated Real Estate and Accumulated Depreciation
December 31, 2018
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Initial Cost
 
 
 
Total Cost
 
 
 
Net Cost
 
 
Shopping Centers (1)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Cost Capitalized
 Subsequent to
 Acquisition (2)
 
 Land & Land Improvements
 
 Building & Improvements
 
 Total
 
 Accumulated Depreciation
 
 Net of Accumulated Depreciation
 
 Mortgages
Westport Plaza
 
9,035

 
7,455

 
9

 
9,035

 
7,464

 
16,499

 
668

 
15,831

 
2,651

Westwood - Manor Care
 
12,808

 
2,420

 

 
12,808

 
2,420

 
15,228

 
120

 
15,108

 

Westwood Shopping Center
 
115,051

 
19,095

 

 
115,051

 
19,095

 
134,146

 
4,478

 
129,668

 

Westwood Village
 
19,933

 
25,301

 
(2,075
)
 
18,733

 
24,426

 
43,159

 
13,177

 
29,982

 

Whole Foods at Swampscott
 
7,399

 
8,322

 

 
7,399

 
8,322

 
15,721

 
574

 
15,147

 

Williamsburg at Dunwoody
 
7,435

 
3,721

 
563

 
7,444

 
4,275

 
11,719

 
455

 
11,264

 

Willow Festival
 
1,954

 
56,501

 
2,994

 
1,976

 
59,473

 
61,449

 
14,757

 
46,692

 
39,505

Willow Oaks Crossing
 
6,664

 
7,833

 
6

 
6,664

 
7,839

 
14,503

 
1,538

 
12,965

 

Willows Shopping Center
 
51,964

 
78,029

 
592

 
51,992

 
78,593

 
130,585

 
4,851

 
125,734

 

Woodcroft Shopping Center
 
1,419

 
6,284

 
1,078

 
1,421

 
7,360

 
8,781

 
4,526

 
4,255

 

Woodman Van Nuys
 
5,500

 
7,195

 
293

 
5,500

 
7,488

 
12,988

 
3,953

 
9,035

 

Woodmen Plaza
 
7,621

 
11,018

 
920

 
7,621

 
11,938

 
19,559

 
10,631

 
8,928

 

Woodside Central
 
3,500

 
9,288

 
537

 
3,489

 
9,836

 
13,325

 
5,134

 
8,191

 

Young Circle Shopping Center
 
5,986

 
10,394

 
9

 
5,986

 
10,403

 
16,389

 
789

 
15,600

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate Assets
 

 

 
1,667

 

 
1,667

 
1,667

 
1,615

 
52

 

Land held for future development
 
37,520

 

 
(6,636
)
 
30,875

 
9

 
30,884

 
2

 
30,882

 

Construction in progress
 

 

 
54,172

 

 
54,172

 
54,172

 

 
54,172

 

 
 
$
4,736,970

 
5,495,990

 
630,202

 
4,819,292

 
6,043,870

 
10,863,162

 
1,535,444

 
9,327,718

 
525,182

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) See Item 2, Properties for geographic location and year each operating property was acquired.
(2) The negative balance for costs capitalized subsequent to acquisition could include out-parcels sold, provision for loss recorded, and demolition of part of the property for redevelopment.

See accompanying report of independent registered public accounting firm.
Depreciation and amortization of the Company's investment in buildings and improvements reflected in the statements of operations is calculated over the estimated useful lives of the assets, which are up to 40 years. The aggregate cost for federal income tax purposes was approximately $8.7 billion at December 31, 2018.
The changes in total real estate assets for the years ended December 31, 2018, 2017, and 2016 are as follows (in thousands):
 
 
2018
 
2017
 
2016
Beginning balance
 
$
10,892,821

 
4,933,499

 
4,545,900

Acquired properties and land
 
113,911

 
5,772,265

 
370,010

Developments and improvements
 
198,005

 
273,871

 
148,904

Sale of properties
 
(277,270
)
 
(86,814
)
 
(126,855
)
Properties held for sale
 
(59,438
)
 

 

Provision for impairment
 
(4,867
)
 

 
(4,460
)
Ending balance
 
$
10,863,162

 
10,892,821

 
4,933,499


The changes in accumulated depreciation for the years ended December 31, 2018, 2017, and 2016 are as follows (in thousands):
 
 
2018
 
2017
 
2016
Beginning balance
 
$
1,339,771

 
1,124,391

 
1,043,787

Depreciation expense
 
249,489

 
222,395

 
115,355

Sale of properties
 
(45,901
)
 
(7,015
)
 
(32,791
)
Accumulated depreciation related to properties held for sale
 
(7,729
)
 

 

Provision for impairment
 
(186
)
 

 
(1,960
)
Ending balance
 
$
1,535,444

 
1,339,771

 
1,124,391