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Schedule III-Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III-Real Estate and Accumulated Depreciation Disclosure
 Initial Cost to Company Gross Amount at Which Carried at Close of Period  
Shopping Centers/EntitiesLandBuilding and
Improvements
Equipment
and
Furnishings
Cost Capitalized
Subsequent to
Acquisition
LandBuilding and
Improvements
Equipment
and
Furnishings
Construction
in Progress
TotalAccumulated
Depreciation
Total Cost
Net of
Accumulated
Depreciation
Chandler Fashion Center$24,188  $223,143  $—  $28,847  $24,188  $245,798  $6,192  $—  $276,178  $119,086  $157,092  
Danbury Fair Mall130,367  316,951  —  126,366  142,751  419,228  10,357  1,348  573,684  168,324  405,360  
Desert Sky Mall9,447  37,245  12  5,925  9,082  41,304  2,243  —  52,629  13,348  39,281  
Eastland Mall22,050  151,605  —  11,949  21,400  162,087  2,117  —  185,604  39,109  146,495  
Estrella Falls10,550  —  —  72,292  10,524  14,265  —  58,053  82,842  3,083  79,759  
Fashion Outlets of Chicago—  —  —  271,689  40,575  225,564  4,615  935  271,689  69,616  202,073  
Fashion Outlets of Niagara Falls USA18,581  210,139  —  106,071  22,936  309,508  2,284  63  334,791  86,070  248,721  
The Marketplace at Flagstaff—  —  —  45,839  —  45,839  —  —  45,839  25,320  20,519  
Freehold Raceway Mall164,986  362,841  —  127,095  168,098  476,605  9,865  354  654,922  206,014  448,908  
Fresno Fashion Fair17,966  72,194  —  49,086  17,966  117,086  2,595  1,599  139,246  59,862  79,384  
Green Acres Mall156,640  321,034  —  192,815  179,274  477,334  10,646  3,235  670,489  133,725  536,764  
Inland Center8,321  83,550  —  30,458  10,291  111,540  351  147  122,329  23,371  98,958  
Kings Plaza Shopping Center209,041  485,548  20,000  278,300  209,041  725,672  55,924  2,252  992,889  123,795  869,094  
La Cumbre Plaza18,122  21,492  —  15,558  13,856  40,054  375  887  55,172  24,311  30,861  
Macerich Management Co.1,150  10,475  26,562  68,215  3,878  17,803  82,502  2,219  106,402  58,890  47,512  
MACWH, LP—  25,771  —  13,241  11,557  27,455  —  —  39,012  10,542  28,470  
NorthPark Mall7,746  74,661  —  14,270  7,745  88,348  584  —  96,677  24,202  72,475  
Oaks, The32,300  117,156  —  268,713  56,387  357,661  3,581  540  418,169  164,549  253,620  
Pacific View8,697  8,696  —  137,802  7,854  145,604  1,737  —  155,195  76,064  79,131  
Paradise Valley Mall33,445  128,485  —  30,568  36,027  152,420  2,815  1,236  192,498  83,546  108,952  
Queens Center251,474  1,039,922  —  53,224  256,786  1,082,499  5,331   1,344,620  150,749  1,193,871  
Santa Monica Place26,400  105,600  —  348,573  48,374  422,736  6,710  2,753  480,573  143,965  336,608  
SanTan Adjacent Land29,414  —  —  8,280  26,902  —  —  10,792  37,694  —  37,694  
SanTan Village Regional Center7,827  —  —  213,089  5,921  213,348  1,647  —  220,916  100,092  120,824  
SouthPark Mall7,035  38,215  —  (7,993) 2,899  33,857  447  54  37,257  15,207  22,050  
Southridge Center6,764  —  —  8,174  2,295  12,329  139  175  14,938  6,915  8,023  
Stonewood Center4,948  302,527  —  12,002  4,935  314,127  415  —  319,477  50,479  268,998  
Superstition Springs Center10,928  112,718  —  12,350  10,928  124,173  895  —  135,996  24,683  111,313  
Superstition Springs Power Center1,618  4,420  —  349  1,618  4,698  71  —  6,387  2,153  4,234  
Tangerine (Marana), The Shops at36,158  —  —  (7,622) 16,922  —  —  11,614  28,536  —  28,536  
The Macerich Partnership, L.P.—  2,534  —  5,107  —  247  7,365  29  7,641  1,220  6,421  
See accompanying report of independent registered public accounting firm.
 Initial Cost to Company Gross Amount at Which Carried at Close of Period  
Shopping Centers/EntitiesLandBuilding and
Improvements
Equipment
and
Furnishings
Cost Capitalized
Subsequent to
Acquisition
LandBuilding and
Improvements
Equipment
and
Furnishings
Construction
in Progress
TotalAccumulated
Depreciation
Total Cost
Net of
Accumulated
Depreciation
Towne Mall6,652  31,184  —  5,105  6,877  35,596  369  99  42,941  16,888  26,053  
Tucson La Encantada12,800  19,699  —  58,005  12,800  75,755  732  1,217  90,504  45,861  44,643  
Valley Mall16,045  26,098  —  13,952  15,616  40,188  291  —  56,095  12,395  43,700  
Valley River Center24,854  147,715  —  33,159  24,854  174,489  1,739  4,646  205,728  66,288  139,440  
Victor Valley, Mall of15,700  75,230  —  54,374  20,080  123,291  1,933  —  145,304  58,624  86,680  
Vintage Faire Mall14,902  60,532  —  60,162  17,647  116,161  1,788  —  135,596  75,818  59,778  
Wilton Mall19,743  67,855  —  27,482  19,810  93,935  1,264  71  115,080  44,946  70,134  
Other freestanding stores5,926  31,785  —  11,621  5,927  43,109  296  —  49,332  20,255  29,077  
Other land and development properties33,795  —  —  18,383  26,057  4,278  —  21,843  52,178  171  52,007  
$1,406,580  $4,717,020  $46,574  $2,822,875  $1,520,678  $7,115,991  $230,215  $126,165  $8,993,049  $2,349,536  $6,643,513  
Depreciation of the Company's investment in buildings and improvements reflected in the consolidated statements of operations are calculated over the estimated useful lives of the asset as follows:

Buildings and improvements
5 - 40 years
Tenant improvements
5 - 7 years
Equipment and furnishings
5 - 7 years

The changes in total real estate assets for the three years ended December 31, 2019 are as follows:

201920182017
Balances, beginning of year$8,878,820  $9,127,533  $9,209,211  
Additions176,690  246,719  202,280  
Dispositions and retirements(62,461) (495,432) (283,958) 
Balances, end of year$8,993,049  $8,878,820  $9,127,533  

   The aggregate cost of the property included in the table above for federal income tax purposes was $8,446,407 (unaudited) at December 31, 2019.

The changes in accumulated depreciation for the three years ended December 31, 2019 are as follows:

201920182017
Balances, beginning of year$2,093,044  $2,018,303  $1,851,901  
Additions287,846  275,236  277,917  
Dispositions and retirements(31,354) (200,495) (111,515) 
Balances, end of year$2,349,536  $2,093,044  $2,018,303  


See accompanying report of independent registered public accounting firm.