Annual report pursuant to Section 13 and 15(d)

Schedule III - REAL ESTATE AND ACCUMULATED DEPRECIATION

v3.22.4
Schedule III - REAL ESTATE AND ACCUMULATED DEPRECIATION
 12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - REAL ESTATE AND ACCUMULATED DEPRECIATION
Initial Cost Gross Amount Carried at Close of Period (b)
Description Location Property Type Encumbrances Land Building & Improvements Costs Capitalized Subsequent to Acquisition Land Building & Improvements Total Accumulated Depreciation Date Acquired Life upon which Depreciation is Computed
Alderwood Mall  Lynnwood, WA  Retail —  $ 4,950  $ 7,774  $ —  $ 4,950  $ 7,774  $ 12,724  $12,724 $ 439  2021 (c)
Alliance Town Center  Fort Worth, TX  Retail —  1,150  3,729  —  1,150  3,729  4,879  4,879 193  2021 (c)
Antelope Valley Mall  Palmdale, CA  Retail —  3,050  4,742  —  3,050  4,742  7,792  7,792 269  2021 (c)
Arden Fair Mall  Sacramento, CA  Retail —  1,200  8,455  —  1,200  8,455  9,655  9,655 476  2021 (c)
Arrowhead Towne Center  Glendale, AZ  Retail —  4,500  5,862  —  4,500  5,862  10,362  10,362 333  2021 (c)
Ashland Town Center  Ashland, KY  Retail —  —  3,114  —  —  3,114  3,114  3,114 159  2021 (c)
Baybrook Mall  Friendswood, TX  Retail —  —  1,580  —  —  1,580  1,580  1,580 87  2021 (c)
Bellis Fair  Bellingham, WA  Retail —  1,550  2,744  —  1,550  2,744  4,294  4,294 156  2021 (c)
Boise Towne Square  Boise, ID  Retail —  2,600  6,595  —  2,600  6,595  9,195  9,195 374  2021 (c)
Brea Mall  Brea, CA  Retail —  —  933  —  —  933  933  933 62  2021 (c)
Center at Owasso  Owasso, OK  Retail —  —  2,533  —  —  2,533  2,533  2,533 129  2021 (c)
Cherry Hill Mall  Cherry Hill, NJ  Retail —  4,800  5,794  —  4,800  5,794  10,594  10,594 332  2021 (c)
Clackamas Town Center  Portland (Happy Valley), OR  Retail —  6,900  4,722  —  6,900  4,722  11,622  11,622 272  2021 (c)
Columbia Center  Kennewick, WA  Retail —  3,450  10,268  —  3,450  10,268  13,718  13,718 577  2021 (c)
Coral Ridge Mall  Coralville, IA  Retail —  800  2,624  —  800  2,624  3,424  3,424 151  2021 (c)
Corbin Park  Overland Park, KS  Retail —  1,500  3,673  —  1,500  3,673  5,173  5,173 182  2021 (c)
Coronado Center  Albuquerque, NM  Retail —  2,750  6,050  —  2,750  6,050  8,800  8,800 343  2021 (c)
Cottonwood Mall  Albuquerque, NM  Retail —  3,400  4,247  —  3,400  4,247  7,647  7,647 243  2021 (c)
Dadeland Mall  Miami, FL  Retail —  —  1,336  —  —  1,336  1,336  1,336 89  2021 (c)
Danbury Fair  Danbury, CT  Retail —  1,800  3,554  —  1,800  3,554  5,354  5,354 206  2021 (c)
Deerbrook Mall  Humble, TX  Retail —  3,100  1,172  —  3,100  1,172  4,272  4,272 73  2021 (c)
El Mercado Plaza  El Paso, TX  Retail —  —  5,050  —  —  5,050  5,050  5,050 258  2021 (c)
Fairmont Center  Pasadena, TX  Retail —  —  2,571  —  —  2,571  2,571  2,571 127  2021 (c)
First & Main Town Center  Colorado Springs, CO  Retail —  —  3,859  —  —  3,859  3,859  3,859 199  2021 (c)
First Colony Mall  Sugarland, TX  Retail —  3,450  2,067  —  3,450  2,067  5,517  5,517 123  2021 (c)
Florence Mall  Florence, KY  Retail —  2,200  5,419  —  2,200  5,419  7,619  7,619  309  2021 (c)
Fox River Mall  Appleton, WI  Retail —  1,847  600  —  1,847  600  2,447  2,447  40  2021 (c)
Freehold Raceway Mall  Freehold, NJ  Retail —  3,750  6,025  25  3,750  6,050  9,800  9,800  342  2021 (c)
Galleria at Sunset  Henderson, NV  Retail —  —  5,321  —  —  5,321  5,321  5,321  302  2021 (c)
Galleria at Tyler  Riverside, CA  Retail —  8,800  1,584  —  8,800  1,584  10,384  10,384  101  2021 (c)
Gateway Shopping Center I & II  Brooklyn, NY  Retail —  —  5,395  26  —  5,420  5,420  5,420  253  2021 (c)
Initial Cost Gross Amount Carried at Close of Period (2)
Description Location Property Type Encumbrances Land Building & Improvements Costs Capitalized Subsequent to Acquisition Land Building & Improvements Total Accumulated Depreciation Date Acquired Life upon which Depreciation is Computed
Glendale Galleria  Glendale, CA  Retail —  12,100  6,114  —  12,100  6,114  18,214  352  2021 (c)
Golden Triangle Mall  Denton, TX  Retail —  1,550  1,178  —  1,550  1,178  2,728  73  2021 (c)
Grand Traverse Mall  Traverse City, MI  Retail —  850  1,218  —  850  1,218  2,068  72  2021 (c)
Hamilton Town Center  Noblesville, IN  Retail —  1,950  4,163  —  1,950  4,163  6,113  214  2021 (c)
Hawthorn S/C  Vernon Hills, IL  Retail —  4,100  2,425  —  4,100  2,425  6,525  146  2021 (c)
High Pointe Commons  Harrisburg, PA  Retail —  2,950  2,191  —  2,950  2,191  5,141  117  2021 (c)
Huntington Park CBD  Huntington Park, CA  Retail —  2,450  671  —  2,450  671  3,121  42  2021 (c)
Imperial Valley Mall  El Centro, CA  Retail —  1,650  4,070  —  1,650  4,070  5,720  213  2021 (c)
Killeen Mall  Killeen, TX  Retail —  1,700  790  —  1,700  790  2,490  49  2021 (c)
Lakeline Mall  Cedar Park, TX  Retail —  2,250  2,093  —  2,250  2,093  4,343  125  2021 (c)
Lakeside Mall  Sterling Hts, MI  Retail —  650  5,447  —  650  5,447  6,097  317  2021 (c)
Mall Del Norte  Laredo, TX  Retail —  3,100  2,887  —  3,100  2,887  5,987  168  2021 (c)
Mall of Louisiana  Baton Rouge, LA  Retail —  1,500  4,726  —  1,500  4,726  6,226  269  2021 (c)
Mayaguez Mall  Mayaguez, PR  Retail —  —  4,255  —  —  4,255  4,255  234  2021 (c)
Meadowood Mall  Reno, NV  Retail —  8,935  996  —  8,935  996  9,931  66  2021 (c)
Meadows Mall  Las Vegas, NV  Retail —  3,000  7,114  —  3,000  7,114  10,114  402  2021 (c)
Miami International Mall  Miami, FL  Retail —  7,676  1,037  —  7,676  1,038  8,714  69  2021 (c)
Mid Rivers Mall  St Peters, MO  Retail —  2,000  1,328  —  2,000  1,328  3,328  73  2021 (c)
Midland Park Mall  Midland, TX  Retail —  1,150  2,606  —  1,150  2,606  3,756  151  2021 (c)
Mokena Marketplace  Mokena, IL  Retail —  900  3,782  —  900  3,782  4,682  191  2021 (c)
New Braunfels T/C at Creekside  New Braunfels, TX  Retail —  1,500  3,773  —  1,500  3,773  5,273  187  2021 (c)
Newnan Crossing  Newnan, GA  Retail —  1,800  1,746  —  1,800  1,746  3,546  95  2021 (c)
Newport Centre  Jersey City, NJ  Retail —  51,400  5,024  38  51,400  5,062  56,462  290  2021 (c)
North Riverside Park Mall  North Riverside, IL  Retail —  4,000  5,413  —  4,000  5,413  9,413  317  2021 (c)
Northridge Fashion Center  Northridge, CA  Retail —  10,450  3,578  —  10,450  3,578  14,028  215  2021 (c)
Northshore Mall  Peabody, MA  Retail —  3,150  5,203  —  3,150  5,203  8,353  297  2021 (c)
Oak Park Mall  Overland Park, KS  Retail —  —  5,989  —  —  5,989  5,989  345  2021 (c)
Oakland Mall  Troy, MI  Retail —  2,650  2,860  —  2,650  2,860  5,510  174  2021 (c)
Oakridge Court  Algonquin, IL  Retail —  1,500  4,878  —  1,500  4,878  6,378  244  2021 (c)
Orland Square  Orland Park, IL  Retail —  2,450  6,329  —  2,450  6,329  8,779  365  2021 (c)
Initial Cost Gross Amount Carried at Close of Period (2)
Description Location Property Type Encumbrances Land Building & Improvements Costs Capitalized Subsequent to Acquisition Land Building & Improvements Total Accumulated Depreciation Date Acquired Life upon which Depreciation is Computed
Pacific View Mall  Ventura, CA  Retail —  1,500  7,298  —  1,500  7,298  8,798  410  2021 (c)
Palm Valley Cornerstone  Goodyear, AZ  Retail —  3,400  5,825  —  3,400  5,825  9,225  282  2021 (c)
Pembroke Lakes Mall  Pembroke Pines, FL  Retail —  6,800  3,197  —  6,800  3,197  9,997  187  2021 (c)
Peninsula Town Center  Hampton, VA  Retail —  2,000  3,572  —  2,000  3,572  5,572  185  2021 (c)
Penn Square Mall  Oklahoma City, OK  Retail —  —  2,262  —  —  2,262  2,262  114  2021 (c)
Pier Park  Panama City Beach, FL  Retail —  1,750  2,299  —  1,750  2,299  4,049  118  2021 (c)
Plaza at West Covina  West Covina, CA  Retail —  3,550  8,742  —  3,550  8,742  12,292  495  2021 (c)
Plaza Centro  Caguas, PR  Retail —  —  3,864  —  —  3,864  3,864  220  2021 (c)
Polaris Fashion Place  Columbus, OH  Retail —  2,900  2,945  —  2,900  2,945  5,845  169  2021 (c)
Post Oak Mall  College Station, TX  Retail —  1,550  791  —  1,550  791  2,341  45  2021 (c)
Promenade at Temecula  Temecula, CA  Retail —  6,350  1,301  —  6,350  1,301  7,651  82  2021 (c)
Rivertown Crossings  Grandville, MI  Retail —  950  2,563  —  950  2,563  3,513  145  2021 (c)
Rockaway Townsquare  Rockaway, NJ  Retail —  4,050  9,336  —  4,050  9,336  13,386  527  2021 (c)
Rosedale S/C  Roseville, MN  Retail —  4,050  4,671  —  4,050  4,671  8,721  270  2021 (c)
Ross Park Mall  Pittsburgh, PA  Retail —  2,500  5,162  —  2,500  5,162  7,662  298  2021 (c)
Shackleford Crossing  Little Rock, AR  Retail —  2,150  3,120  —  2,150  3,120  5,270  163  2021 (c)
Sherman Town Center  Sherman, TX  Retail —  2,358  560  —  2,358  560  2,918  35  2021 (c)
Shops at Moore  Moore, OK  Retail —  1,250  3,022  —  1,250  3,022  4,272  158  2021 (c)
Solano Town Center  Fairfield, CA  Retail —  2,500  7,210  —  2,500  7,210  9,710  408  2021 (c)
South Point S/C  Mcdonough, GA  Retail —  2,200  1,807  —  2,200  1,807  4,007  99  2021 (c)
Southaven Towne Center  Southaven, MS  Retail —  1,450  3,560  —  1,450  3,560  5,010  189  2021 (c)
Southlands S/C  Aurora, CO  Retail —  3,000  3,135  —  3,000  3,135  6,135  163  2021 (c)
SouthPark Center  Strongsville, OH  Retail —  2,100  1,856  —  2,100  1,856  3,956  114  2021 (c)
Southpark Mall  Colonial Hts, VA  Retail —  1,350  4,206  —  1,350  4,206  5,556  239  2021 (c)
Southpark Meadows S/C  Austin, TX  Retail —  —  1,917  —  —  1,917  1,917  104  2021 (c)
St Charles Towne Center  Waldorf, MD  Retail —  1,850  3,834  —  1,850  3,834  5,684  220  2021 (c)
Staten Island Mall  Staten Island, NY  Retail —  17,100  2,933  —  17,100  2,933  20,033  175  2021 (c)
Stone Creek Towne Center  Colerain Township, OH  Retail —  1,750  2,841  —  1,750  2,841  4,591  149  2021 (c)
Stones River Mall  Murfreesboro, TN  Retail —  700  2,467  —  700  2,467  3,167  130  2021 (c)
Sunrise Mall  Brownsville, TX  Retail —  1,650  2,486  —  1,650  2,486  4,136  144  2021 (c)
Superstition Springs Mall  Mesa, AZ  Retail —  5,900  3,385  —  5,900  3,385  9,285  198  2021 (c)
Teas Crossing  Conroe, TX  Retail —  2,200  1,844  —  2,200  1,844  4,044  98  2021 (c)
The District  South Jordan, UT  Retail —  4,050  1,678  —  4,050  1,678  5,728  92  2021 (c)
Initial Cost Gross Amount Carried at Close of Period (2)
Description Location Property Type Encumbrances Land Building & Improvements Costs Capitalized Subsequent to Acquisition Land Building & Improvements Total Accumulated Depreciation Date Acquired Life upon which Depreciation is Computed
The Loop West  Kissimmee, FL  Retail —  2,350  2,840  —  2,350  2,840  5,190  149  2021 (c)
The Mall at Bay Plaza  Bronx, NY  Retail —  —  1,155  —  —  1,155  1,155  77  2021 (c)
The Mall at Robinson T/C  Pittsburgh, PA  Retail —  550  7,476  —  550  7,476  8,026  410  2021 (c)
The Mall at Rockingham Park  Salem, NH  Retail —  2,300  6,295  —  2,300  6,295  8,595  355  2021 (c)
The Mall at Turtle Creek  Jonesboro, AR  Retail —  2,555  534  —  2,555  534  3,089  34  2021 (c)
The Mall at Tuttle Crossing  Dublin, OH  Retail —  1,700  3,267  —  1,700  3,267  4,967  191  2021 (c)
The Mall at Wellington Green  Wellington, FL  Retail —  6,750  2,101  —  6,750  2,101  8,851  127  2021 (c)
The Oaks  Thousand Oaks, CA  Retail —  9,402  916  —  9,402  916  10,318  61  2021 (c)
The Orchard at Slatten Ranch  Antioch, CA  Retail —  4,100  3,328  —  4,100  3,328  7,428  169  2021 (c)
The Parks at Arlington  Arlington, TX  Retail —  2,100  4,510  —  2,100  4,510  6,610  259  2021 (c)
The Plaza at Shoal Creek  Kansas City, MO  Retail —  1,050  2,095  —  1,050  2,095  3,145  113  2021 (c)
The Shoppes at Buckland Hills  Manchester, CT  Retail —  2,150  3,088  —  2,150  3,088  5,238  180  2021 (c)
The Shops at Fallen Timbers  Maumee, OH  Retail —  2,100  1,135  —  2,100  1,135  3,235  65  2021 (c)
The Shops at Montebello  Montebello, CA  Retail —  12,086  944  —  12,086  944  13,030  63  2021 (c)
The Shops at Stone Park  Houston, TX  Retail —  2,400  2,605  —  2,400  2,605  5,005  132  2021 (c)
The Streets at Southpoint  Durham, NC  Retail —  3,250  943  —  3,250  943  4,193  59  2021 (c)
Town Center at Aurora  Aurora, CO  Retail —  3,200  5,865  —  3,200  5,865  9,065  334  2021 (c)
Twelve Oaks Mall  Novi, MI  Retail —  1,900  4,267  —  1,900  4,267  6,167  246  2021 (c)
Valle Vista Mall  Harlingen, TX  Retail —  1,900  777  —  1,900  777  2,677  50  2021 (c)
Valley Plaza  Bakersfield, CA  Retail —  —  7,069  —  —  7,069  7,069  400  2021 (c)
Victoria Gardens  Rancho Cucamonga, CA  Retail —  2,050  8,437  —  2,050  8,437  10,487  437  2021 (c)
Waterside Marketplace  Chesterfield Townshp, MI  Retail —  700  3,982  —  700  3,982  4,682  201  2021 (c)
Waxahachie Towne Center Crossing  Waxahachie, TX  Retail —  1,150  2,706  —  1,150  2,706  3,856  138  2021 (c)
West Grand Promenade  Katy, TX  Retail —  3,650  1,606  —  3,650  1,606  5,256  90  2021 (c)
Westfarms Mall  Farmington, CT  Retail —  —  6,041  —  —  6,041  6,041  302  2021 (c)
Initial Cost Gross Amount Carried at Close of Period (2)
Description Location Property Type Encumbrances Land Building & Improvements Costs Capitalized Subsequent to Acquisition Land Building & Improvements Total Accumulated Depreciation Date Acquired Life upon which Depreciation is Computed
Westfield Brandon  Brandon, FL  Retail —  4,300  3,950  —  4,300  3,950  8,250  228  2021 (c)
Westfield Broward  Plantation, FL  Retail —  6,950  3,445  —  6,950  3,445  10,395  202  2021 (c)
Westfield Countryside  Clearwater, FL  Retail —  5,200  1,223  —  5,200  1,223  6,423  80  2021 (c)
Westfield Galleria at Roseville  Roseville, CA  Retail —  4,000  8,735  —  4,000  8,735  12,735  492  2021 (c)
Westfield North County  Escondido, CA  Retail —  —  3,694  —  —  3,694  3,694  215  2021 (c)
Westfield Palm Desert  Palm Desert, CA  Retail —  3,450  3,276  —  3,450  3,276  6,726  187  2021 (c)
Westfield Plaza Bonita  National City, CA  Retail —  5,650  4,705  —  5,650  4,705  10,355  270  2021 (c)
Westfield Santa Anita  Arcadia, CA  Retail —  —  2,591  —  —  2,591  2,591  159  2021 (c)
Westfield Southcenter  Tukwila, WA  Retail —  —  14,616  —  —  14,616  14,616  762  2021 (c)
Westmoreland Mall  Greensburg, PA  Retail —  800  6,713  —  800  6,713  7,513  378  2021 (c)
White Marsh Mall  Baltimore, MD  Retail —  6,100  2,580  —  6,100  2,580  8,680  152  2021 (c)
Wolfchase Galleria  Memphis, TN  Retail —  2,150  2,101  —  2,150  2,101  4,251  127  2021 (c)
Woodbridge Center  Woodbridge, NJ  Retail —  10,655  1,094  —  10,655  1,094  11,749  73  2021 (c)
Yuma Palms Regional Center  Yuma, AZ  Retail —  1,650  5,764  —  1,650  5,764  7,414  279  2021 (c)
Total properties $ —  $ 422,114  $ 497,434  $ 89  $ 422,114  $ 497,523  $ 919,637  $ 27,742 

(a) We have prepared Schedule III – Real Estate and Accumulated Depreciation (“Schedule III”) omitting certain of the required information articulated in Securities and Exchange Commission Rule 12-28 in Regulation S-X. Rule 12-28 requires property specific information for the date of construction; these disclosures have been omitted from Schedule III. We are unable to provide this disclosure as many of the Properties were constructed prior to when Old Copper’s fixed asset accounting software was implemented, and thus we do not have the requisite historical records readily available.
(b) The aggregate cost of land, buildings and improvements for federal income tax purposes is approximately $920 million.
(c) Depreciation is computed based on the following estimated useful lives: Buildings and Improvements 19-43 years
Reconciliation of investment properties:
Balance at beginning of period $ 1,045,051 
Provision for impairment of investment properties — 
Sales of investment properties (125,503)
Assets associated with investments held for sale — 
Costs capitalized subsequent to acquisition $ 89 
Balance at December 31, 2021 $ 919,637 



Reconciliation of accumulated depreciation:
Balance at beginning of period $ 14,808 
Depreciation expense 15,465 
Sales of investment properties (2,531)
Accumulated depreciation associated with investments held for sale — 
Balance at December 31, 2021 $ 27,742