| Schedule III - REAL ESTATE AND ACCUMULATED DEPRECIATION |
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Initial Cost |
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Gross Amount Carried at Close of Period (b) |
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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 |
|
Alliance Town Center |
Fort Worth, TX |
Retail |
— |
|
1,150 |
|
3,729 |
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|
— |
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1,150 |
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3,729 |
|
4,879 |
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|
495 |
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2021 |
(c) |
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Antelope Valley Mall |
Palmdale, CA |
Retail |
— |
|
3,050 |
|
4,742 |
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— |
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3,050 |
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4,742 |
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7,792 |
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|
690 |
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2021 |
(c) |
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Arden Fair Mall |
Sacramento, CA |
Retail |
— |
|
1,200 |
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8,455 |
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— |
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1,200 |
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8,455 |
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9,655 |
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|
1,221 |
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2021 |
(c) |
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Arrowhead Towne Center |
Glendale, AZ |
Retail |
— |
|
4,500 |
|
5,862 |
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— |
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4,500 |
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5,862 |
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10,362 |
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|
854 |
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2021 |
(c) |
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Ashland Town Center |
Ashland, KY |
Retail |
— |
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— |
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3,114 |
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— |
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— |
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3,114 |
|
3,114 |
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|
408 |
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2021 |
(c) |
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Baybrook Mall |
Friendswood, TX |
Retail |
— |
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— |
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1,580 |
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|
— |
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— |
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1,580 |
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1,580 |
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|
223 |
|
2021 |
(c) |
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Bellis Fair |
Bellingham, WA |
Retail |
— |
|
1,550 |
|
2,744 |
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— |
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1,550 |
|
2,744 |
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4,294 |
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|
399 |
|
2021 |
(c) |
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Boise Towne Square |
Boise, ID |
Retail |
— |
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2,600 |
|
6,595 |
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— |
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2,600 |
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6,595 |
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9,195 |
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|
958 |
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2021 |
(c) |
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Brea Mall |
Brea, CA |
Retail |
— |
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— |
|
933 |
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— |
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— |
|
933 |
|
933 |
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|
159 |
|
2021 |
(c) |
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Center at Owasso |
Owasso, OK |
Retail |
— |
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— |
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2,533 |
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— |
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— |
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2,533 |
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2,533 |
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|
330 |
|
2021 |
(c) |
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Clackamas Town Center |
Portland (Happy Valley), OR |
Retail |
— |
|
6,900 |
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4,722 |
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— |
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6,900 |
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4,722 |
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11,622 |
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|
697 |
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2021 |
(c) |
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Columbia Center |
Kennewick, WA |
Retail |
— |
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3,450 |
|
10,268 |
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— |
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3,450 |
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10,268 |
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13,718 |
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|
1,479 |
|
2021 |
(c) |
|
Coral Ridge Mall |
Coralville, IA |
Retail |
— |
|
800 |
|
2,624 |
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— |
|
800 |
|
2,624 |
|
3,424 |
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|
387 |
|
2021 |
(c) |
|
Coronado Center |
Albuquerque, NM |
Retail |
— |
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2,750 |
|
6,050 |
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— |
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2,750 |
|
6,050 |
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8,800 |
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|
879 |
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2021 |
(c) |
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Cottonwood Mall |
Albuquerque, NM |
Retail |
— |
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3,400 |
|
4,247 |
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— |
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3,400 |
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4,247 |
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7,647 |
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|
623 |
|
2021 |
(c) |
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Danbury Fair |
Danbury, CT |
Retail |
— |
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1,800 |
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3,554 |
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— |
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1,800 |
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3,554 |
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5,354 |
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|
528 |
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2021 |
(c) |
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Deerbrook Mall |
Humble, TX |
Retail |
— |
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3,100 |
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1,172 |
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— |
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3,100 |
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1,172 |
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4,272 |
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|
186 |
|
2021 |
(c) |
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El Mercado Plaza |
El Paso, TX |
Retail |
— |
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— |
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5,050 |
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— |
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— |
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5,050 |
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5,050 |
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|
661 |
|
2021 |
(c) |
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Fairmont Center |
Pasadena, TX |
Retail |
— |
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— |
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2,571 |
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— |
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— |
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2,571 |
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2,571 |
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|
327 |
|
2021 |
(c) |
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First & Main Town Center |
Colorado Springs, CO |
Retail |
— |
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— |
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3,859 |
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— |
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— |
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3,859 |
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3,859 |
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|
511 |
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2021 |
(c) |
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First Colony Mall |
Sugarland, TX |
Retail |
— |
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3,450 |
|
2,067 |
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— |
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3,450 |
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2,067 |
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5,517 |
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|
317 |
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2021 |
(c) |
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Florence Mall |
Florence, KY |
Retail |
— |
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2,200 |
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5,419 |
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— |
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2,200 |
|
5,419 |
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7,619 |
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|
792 |
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2021 |
(c) |
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Fox River Mall |
Appleton, WI |
Retail |
— |
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1,847 |
|
600 |
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— |
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1,847 |
|
600 |
|
2,447 |
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|
102 |
|
2021 |
(c) |
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Freehold Raceway Mall |
Freehold, NJ |
Retail |
— |
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3,750 |
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6,026 |
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24 |
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3,196 |
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5,286 |
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8,482 |
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|
880 |
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2021 |
(c) |
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Galleria at Sunset |
Henderson, NV |
Retail |
— |
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— |
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5,321 |
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— |
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— |
|
5,321 |
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5,321 |
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|
774 |
|
2021 |
(c) |
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Galleria at Tyler |
Riverside, CA |
Retail |
— |
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8,800 |
|
1,584 |
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— |
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8,800 |
|
1,584 |
|
10,384 |
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|
259 |
|
2021 |
(c) |
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Gateway Shopping Center I & II |
Brooklyn, NY |
Retail |
— |
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— |
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5,395 |
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26 |
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— |
|
5,421 |
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5,421 |
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|
651 |
|
2021 |
(c) |
|
Glendale Galleria |
Glendale, CA |
Retail |
— |
|
12,100 |
|
6,114 |
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— |
|
12,100 |
|
6,114 |
|
18,214 |
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|
902 |
|
2021 |
(c) |
|
Golden Triangle Mall |
Denton, TX |
Retail |
— |
|
1,550 |
|
1,178 |
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— |
|
1,550 |
|
1,178 |
|
2,728 |
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|
187 |
|
2021 |
(c) |
|
Grand Traverse Mall |
Traverse City, MI |
Retail |
— |
|
850 |
|
1,218 |
|
|
— |
|
850 |
|
1,218 |
|
2,068 |
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|
184 |
|
2021 |
(c) |
|
Hamilton Town Center |
Noblesville, IN |
Retail |
— |
|
1,950 |
|
4,163 |
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— |
|
1,950 |
|
4,163 |
|
6,113 |
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|
549 |
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2021 |
(c) |
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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 |
|
Hawthorn S/C |
Vernon Hills, IL |
Retail |
— |
|
4,100 |
|
2,425 |
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|
— |
|
3,379 |
|
2,065 |
|
5,444 |
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|
375 |
|
2021 |
(c) |
|
High Pointe Commons |
Harrisburg, PA |
Retail |
— |
|
2,950 |
|
2,191 |
|
|
— |
|
2,950 |
|
2,191 |
|
5,141 |
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|
300 |
|
2021 |
(c) |
|
Huntington Park CBD |
Huntington Park, CA |
Retail |
— |
|
2,450 |
|
671 |
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|
— |
|
2,450 |
|
671 |
|
3,121 |
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|
108 |
|
2021 |
(c) |
|
Imperial Valley Mall |
El Centro, CA |
Retail |
— |
|
1,650 |
|
4,070 |
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— |
|
1,650 |
|
4,070 |
|
5,720 |
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|
545 |
|
2021 |
(c) |
|
Killeen Mall |
Killeen, TX |
Retail |
— |
|
1,700 |
|
790 |
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|
— |
|
1,700 |
|
790 |
|
2,490 |
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|
125 |
|
2021 |
(c) |
|
Lakeline Mall |
Cedar Park, TX |
Retail |
— |
|
2,250 |
|
2,093 |
|
|
— |
|
2,250 |
|
2,093 |
|
4,343 |
|
|
321 |
|
2021 |
(c) |
|
Lakeside Mall |
Sterling Hts, MI |
Retail |
— |
|
650 |
|
5,447 |
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— |
|
650 |
|
5,447 |
|
6,097 |
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|
813 |
|
2021 |
(c) |
|
Mall Del Norte |
Laredo, TX |
Retail |
— |
|
3,100 |
|
2,887 |
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— |
|
3,100 |
|
2,887 |
|
5,987 |
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|
432 |
|
2021 |
(c) |
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Mall of Louisiana |
Baton Rouge, LA |
Retail |
— |
|
1,500 |
|
4,726 |
|
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— |
|
1,500 |
|
4,726 |
|
6,226 |
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|
690 |
|
2021 |
(c) |
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Mayaguez Mall |
Mayaguez, PR |
Retail |
— |
|
— |
|
4,255 |
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— |
|
— |
|
4,255 |
|
4,255 |
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|
600 |
|
2021 |
(c) |
|
Meadowood Mall |
Reno, NV |
Retail |
— |
|
8,935 |
|
996 |
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|
— |
|
8,935 |
|
996 |
|
9,931 |
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|
170 |
|
2021 |
(c) |
|
Meadows Mall |
Las Vegas, NV |
Retail |
— |
|
3,000 |
|
7,114 |
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— |
|
3,000 |
|
7,114 |
|
10,114 |
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|
1,032 |
|
2021 |
(c) |
|
Mid Rivers Mall |
St Peters, MO |
Retail |
— |
|
2,000 |
|
1,328 |
|
|
— |
|
2,000 |
|
1,328 |
|
3,328 |
|
|
188 |
|
2021 |
(c) |
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Midland Park Mall |
Midland, TX |
Retail |
— |
|
1,150 |
|
2,606 |
|
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— |
|
1,150 |
|
2,606 |
|
3,756 |
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|
386 |
|
2021 |
(c) |
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Mokena Marketplace |
Mokena, IL |
Retail |
— |
|
900 |
|
3,782 |
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— |
|
900 |
|
3,782 |
|
4,682 |
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|
490 |
|
2021 |
(c) |
|
Newport Centre |
Jersey City, NJ |
Retail |
— |
|
51,400 |
|
5,024 |
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|
38 |
|
44,402 |
|
4,473 |
|
48,875 |
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|
752 |
|
2021 |
(c) |
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North Riverside Park Mall |
North Riverside, IL |
Retail |
— |
|
4,000 |
|
5,413 |
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— |
|
4,000 |
|
5,413 |
|
9,413 |
|
|
812 |
|
2021 |
(c) |
|
Northridge Fashion Center |
Northridge, CA |
Retail |
— |
|
10,450 |
|
3,578 |
|
|
— |
|
10,450 |
|
3,578 |
|
14,028 |
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|
551 |
|
2021 |
(c) |
|
Northshore Mall |
Peabody, MA |
Retail |
— |
|
3,150 |
|
5,203 |
|
|
— |
|
3,150 |
|
5,203 |
|
8,353 |
|
|
761 |
|
2021 |
(c) |
|
Oak Park Mall |
Overland Park, KS |
Retail |
— |
|
— |
|
5,989 |
|
|
— |
|
— |
|
5,989 |
|
5,989 |
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|
886 |
|
2021 |
(c) |
|
Oakland Mall |
Troy, MI |
Retail |
— |
|
2,650 |
|
2,860 |
|
|
— |
|
2,650 |
|
2,860 |
|
5,510 |
|
|
446 |
|
2021 |
(c) |
|
Oakridge Court |
Algonquin, IL |
Retail |
— |
|
1,500 |
|
4,878 |
|
|
— |
|
1,500 |
|
4,878 |
|
6,378 |
|
|
625 |
|
2021 |
(c) |
|
Orland Square |
Orland Park, IL |
Retail |
— |
|
2,450 |
|
6,329 |
|
|
— |
|
2,450 |
|
6,329 |
|
8,779 |
|
|
937 |
|
2021 |
(c) |
|
Pacific View Mall |
Ventura, CA |
Retail |
— |
|
1,500 |
|
7,298 |
|
|
— |
|
1,500 |
|
7,298 |
|
8,798 |
|
|
1,051 |
|
2021 |
(c) |
|
Palm Valley Cornerstone |
Goodyear, AZ |
Retail |
— |
|
3,400 |
|
5,825 |
|
|
— |
|
3,400 |
|
5,825 |
|
9,225 |
|
|
723 |
|
2021 |
(c) |
|
Pembroke Lakes Mall |
Pembroke Pines, FL |
Retail |
— |
|
6,800 |
|
3,197 |
|
|
— |
|
6,800 |
|
3,197 |
|
9,997 |
|
|
480 |
|
2021 |
(c) |
|
Peninsula Town Center |
Hampton, VA |
Retail |
— |
|
2,000 |
|
3,572 |
|
|
— |
|
2,000 |
|
3,572 |
|
5,572 |
|
|
475 |
|
2021 |
(c) |
|
Penn Square Mall |
Oklahoma City, OK |
Retail |
— |
|
— |
|
2,262 |
|
|
— |
|
— |
|
2,262 |
|
2,262 |
|
|
291 |
|
2021 |
(c) |
|
Pier Park |
Panama City Beach, FL |
Retail |
— |
|
1,750 |
|
2,299 |
|
|
— |
|
1,750 |
|
2,299 |
|
4,049 |
|
|
303 |
|
2021 |
(c) |
|
Plaza at West Covina |
West Covina, CA |
Retail |
— |
|
3,550 |
|
8,742 |
|
|
— |
|
3,550 |
|
8,742 |
|
12,292 |
|
|
1,271 |
|
2021 |
(c) |
|
Plaza Centro |
Caguas, PR |
Retail |
— |
|
— |
|
3,864 |
|
|
— |
|
— |
|
3,864 |
|
3,864 |
|
|
564 |
|
2021 |
(c) |
|
Polaris Fashion Place |
Columbus, OH |
Retail |
— |
|
2,900 |
|
2,945 |
|
|
— |
|
2,900 |
|
2,945 |
|
5,845 |
|
|
434 |
|
2021 |
(c) |
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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 |
|
Post Oak Mall |
College Station, TX |
Retail |
— |
|
1,550 |
|
791 |
|
|
— |
|
1,550 |
|
791 |
|
2,341 |
|
|
115 |
|
2021 |
(c) |
|
Rivertown Crossings |
Grandville, MI |
Retail |
— |
|
950 |
|
2,563 |
|
|
— |
|
950 |
|
2,563 |
|
3,513 |
|
|
373 |
|
2021 |
(c) |
|
Rockaway Townsquare |
Rockaway, NJ |
Retail |
— |
|
4,050 |
|
9,336 |
|
|
— |
|
4,050 |
|
9,336 |
|
13,386 |
|
|
1,353 |
|
2021 |
(c) |
|
Rosedale S/C |
Roseville, MN |
Retail |
— |
|
4,050 |
|
4,671 |
|
|
— |
|
4,050 |
|
4,671 |
|
8,721 |
|
|
693 |
|
2021 |
(c) |
|
Shackleford Crossing |
Little Rock, AR |
Retail |
— |
|
2,150 |
|
3,120 |
|
|
— |
|
2,150 |
|
3,120 |
|
5,270 |
|
|
418 |
|
2021 |
(c) |
|
Sherman Town Center |
Sherman, TX |
Retail |
— |
|
2,358 |
|
560 |
|
|
— |
|
2,358 |
|
560 |
|
2,918 |
|
|
90 |
|
2021 |
(c) |
|
Shops at Moore |
Moore, OK |
Retail |
— |
|
1,250 |
|
3,022 |
|
|
— |
|
1,250 |
|
3,022 |
|
4,272 |
|
|
406 |
|
2021 |
(c) |
|
Solano Town Center |
Fairfield, CA |
Retail |
— |
|
2,500 |
|
7,210 |
|
|
— |
|
2,500 |
|
7,210 |
|
9,710 |
|
|
1,047 |
|
2021 |
(c) |
|
South Point S/C |
Mcdonough, GA |
Retail |
— |
|
2,200 |
|
1,807 |
|
|
— |
|
2,200 |
|
1,807 |
|
4,007 |
|
|
253 |
|
2021 |
(c) |
|
Southaven Towne Center |
Southaven, MS |
Retail |
— |
|
1,450 |
|
3,560 |
|
|
— |
|
1,450 |
|
3,560 |
|
5,010 |
|
|
484 |
|
2021 |
(c) |
|
SouthPark Center |
Strongsville, OH |
Retail |
— |
|
2,100 |
|
1,856 |
|
|
— |
|
2,100 |
|
1,856 |
|
3,956 |
|
|
292 |
|
2021 |
(c) |
|
Southpark Mall |
Colonial Hts, VA |
Retail |
— |
|
1,350 |
|
4,206 |
|
|
— |
|
1,350 |
|
4,206 |
|
5,556 |
|
|
613 |
|
2021 |
(c) |
|
Southpark Meadows S/C |
Austin, TX |
Retail |
— |
|
— |
|
1,917 |
|
|
— |
|
— |
|
1,917 |
|
1,917 |
|
|
266 |
|
2021 |
(c) |
|
St Charles Towne Center |
Waldorf, MD |
Retail |
— |
|
1,850 |
|
3,834 |
|
|
— |
|
1,850 |
|
3,834 |
|
5,684 |
|
|
565 |
|
2021 |
(c) |
|
Staten Island Mall |
Staten Island, NY |
Retail |
— |
|
17,100 |
|
2,933 |
|
|
— |
|
15,171 |
|
2,653 |
|
17,824 |
|
|
450 |
|
2021 |
(c) |
|
Stone Creek Towne Center |
Colerain Township, OH |
Retail |
— |
|
1,750 |
|
2,841 |
|
|
— |
|
1,750 |
|
2,841 |
|
4,591 |
|
|
383 |
|
2021 |
(c) |
|
Stones River Mall |
Murfreesboro, TN |
Retail |
— |
|
700 |
|
2,467 |
|
|
— |
|
700 |
|
2,467 |
|
3,167 |
|
|
334 |
|
2021 |
(c) |
|
Sunrise Mall |
Brownsville, TX |
Retail |
— |
|
1,650 |
|
2,486 |
|
|
— |
|
1,650 |
|
2,486 |
|
4,136 |
|
|
370 |
|
2021 |
(c) |
|
Superstition Springs Mall |
Mesa, AZ |
Retail |
— |
|
5,900 |
|
3,385 |
|
|
— |
|
5,900 |
|
3,385 |
|
9,285 |
|
|
508 |
|
2021 |
(c) |
|
Teas Crossing |
Conroe, TX |
Retail |
— |
|
2,200 |
|
1,844 |
|
|
— |
|
2,200 |
|
1,844 |
|
4,044 |
|
|
252 |
|
2021 |
(c) |
|
The Mall at Bay Plaza |
Bronx, NY |
Retail |
— |
|
— |
|
1,155 |
|
|
— |
|
— |
|
1,155 |
|
1,155 |
|
|
197 |
|
2021 |
(c) |
|
The Mall at Robinson T/C |
Pittsburgh, PA |
Retail |
— |
|
550 |
|
7,476 |
|
|
— |
|
550 |
|
7,476 |
|
8,026 |
|
|
1,053 |
|
2021 |
(c) |
|
The Mall at Rockingham Park |
Salem, NH |
Retail |
— |
|
2,300 |
|
6,295 |
|
|
— |
|
2,300 |
|
6,295 |
|
8,595 |
|
|
911 |
|
2021 |
(c) |
|
The Mall at Turtle Creek |
Jonesboro, AR |
Retail |
— |
|
2,555 |
|
534 |
|
|
— |
|
2,555 |
|
534 |
|
3,089 |
|
|
87 |
|
2021 |
(c) |
|
The Mall at Tuttle Crossing |
Dublin, OH |
Retail |
— |
|
1,700 |
|
3,267 |
|
|
— |
|
1,700 |
|
3,267 |
|
4,967 |
|
|
490 |
|
2021 |
(c) |
|
The Mall at Wellington Green |
Wellington, FL |
Retail |
— |
|
6,750 |
|
2,101 |
|
|
— |
|
6,750 |
|
2,101 |
|
8,851 |
|
|
326 |
|
2021 |
(c) |
|
The Orchard at Slatten Ranch |
Antioch, CA |
Retail |
— |
|
4,100 |
|
3,328 |
|
|
— |
|
4,100 |
|
3,328 |
|
7,428 |
|
|
435 |
|
2021 |
(c) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
The Parks at Arlington |
Arlington, TX |
Retail |
— |
|
2,100 |
|
4,510 |
|
|
— |
|
2,100 |
|
4,510 |
|
6,610 |
|
|
665 |
|
2021 |
(c) |
|
The Plaza at Shoal Creek |
Kansas City, MO |
Retail |
— |
|
1,050 |
|
2,095 |
|
|
— |
|
1,050 |
|
2,095 |
|
3,145 |
|
|
289 |
|
2021 |
(c) |
|
The Shoppes at Buckland Hills |
Manchester, CT |
Retail |
— |
|
2,150 |
|
3,088 |
|
|
— |
|
2,150 |
|
3,088 |
|
5,238 |
|
|
461 |
|
2021 |
(c) |
|
The Shops at Fallen Timbers |
Maumee, OH |
Retail |
— |
|
2,100 |
|
1,135 |
|
|
— |
|
2,100 |
|
1,135 |
|
3,235 |
|
|
167 |
|
2021 |
(c) |
|
The Shops at Montebello |
Montebello, CA |
Retail |
— |
|
12,086 |
|
944 |
|
|
— |
|
12,086 |
|
944 |
|
13,030 |
|
|
161 |
|
2021 |
(c) |
|
The Streets at Southpoint |
Durham, NC |
Retail |
— |
|
3,250 |
|
943 |
|
|
— |
|
3,250 |
|
943 |
|
4,193 |
|
|
152 |
|
2021 |
(c) |
|
Town Center at Aurora |
Aurora, CO |
Retail |
— |
|
3,200 |
|
5,865 |
|
|
— |
|
3,200 |
|
5,865 |
|
9,065 |
|
|
857 |
|
2021 |
(c) |
|
Twelve Oaks Mall |
Novi, MI |
Retail |
— |
|
1,900 |
|
4,267 |
|
|
— |
|
1,900 |
|
4,267 |
|
6,167 |
|
|
632 |
|
2021 |
(c) |
|
Valle Vista Mall |
Harlingen, TX |
Retail |
— |
|
1,900 |
|
777 |
|
|
— |
|
1,900 |
|
777 |
|
2,677 |
|
|
127 |
|
2021 |
(c) |
|
Valley Plaza |
Bakersfield, CA |
Retail |
— |
|
— |
|
7,069 |
|
|
— |
|
— |
|
7,069 |
|
7,069 |
|
|
1,026 |
|
2021 |
(c) |
|
Victoria Gardens |
Rancho Cucamonga, CA |
Retail |
— |
|
2,050 |
|
8,434 |
|
|
— |
|
2,050 |
|
8,434 |
|
10,484 |
|
|
1,122 |
|
2021 |
(c) |
|
Waterside Marketplace |
Chesterfield Townshp, MI |
Retail |
— |
|
700 |
|
3,982 |
|
|
— |
|
700 |
|
3,982 |
|
4,682 |
|
|
515 |
|
2021 |
(c) |
|
Waxahachie Towne Center Crossing |
Waxahachie, TX |
Retail |
— |
|
1,150 |
|
2,706 |
|
|
— |
|
1,150 |
|
2,706 |
|
3,856 |
|
|
353 |
|
2021 |
(c) |
|
Westfarms Mall |
Farmington, CT |
Retail |
— |
|
— |
|
6,041 |
|
|
— |
|
— |
|
6,041 |
|
6,041 |
|
|
775 |
|
2021 |
(c) |
|
Westfield Brandon |
Brandon, FL |
Retail |
— |
|
4,300 |
|
3,950 |
|
|
— |
|
4,300 |
|
3,950 |
|
8,250 |
|
|
586 |
|
2021 |
(c) |
|
Westfield Broward |
Plantation, FL |
Retail |
— |
|
6,950 |
|
3,445 |
|
|
— |
|
6,950 |
|
3,445 |
|
10,395 |
|
|
518 |
|
2021 |
(c) |
|
Westfield Countryside |
Clearwater, FL |
Retail |
— |
|
5,200 |
|
1,223 |
|
|
— |
|
5,200 |
|
1,223 |
|
6,423 |
|
|
206 |
|
2021 |
(c) |
|
Westfield North County |
Escondido, CA |
Retail |
— |
|
— |
|
3,694 |
|
|
— |
|
— |
|
3,694 |
|
3,694 |
|
|
552 |
|
2021 |
(c) |
|
Westfield Palm Desert |
Palm Desert, CA |
Retail |
— |
|
3,450 |
|
3,276 |
|
|
— |
|
3,450 |
|
3,276 |
|
6,726 |
|
|
480 |
|
2021 |
(c) |
|
Westfield Plaza Bonita |
National City, CA |
Retail |
— |
|
5,650 |
|
4,705 |
|
|
— |
|
5,650 |
|
4,705 |
|
10,355 |
|
|
693 |
|
2021 |
(c) |
|
Westfield Santa Anita |
Arcadia, CA |
Retail |
— |
|
— |
|
2,591 |
|
|
— |
|
— |
|
2,591 |
|
2,591 |
|
|
407 |
|
2021 |
(c) |
|
Westfield Southcenter |
Tukwila, WA |
Retail |
— |
|
— |
|
14,616 |
|
|
— |
|
— |
|
14,616 |
|
14,616 |
|
|
1,954 |
|
2021 |
(c) |
|
Westmoreland Mall |
Greensburg, PA |
Retail |
— |
|
800 |
|
6,713 |
|
|
— |
|
800 |
|
6,713 |
|
7,513 |
|
|
970 |
|
2021 |
(c) |
|
White Marsh Mall |
Baltimore, MD |
Retail |
— |
|
6,100 |
|
2,580 |
|
|
— |
|
6,100 |
|
2,580 |
|
8,680 |
|
|
391 |
|
2021 |
(c) |
|
Wolfchase Galleria |
Memphis, TN |
Retail |
— |
|
2,150 |
|
2,101 |
|
|
— |
|
2,150 |
|
2,101 |
|
4,251 |
|
|
326 |
|
2021 |
(c) |
|
Woodbridge Center |
Woodbridge, NJ |
Retail |
— |
|
10,655 |
|
1,094 |
|
|
— |
|
10,655 |
|
1,094 |
|
11,749 |
|
|
187 |
|
2021 |
(c) |
|
Yuma Palms Regional Center |
Yuma, AZ |
Retail |
— |
|
1,650 |
|
5,764 |
|
|
— |
|
1,650 |
|
5,764 |
|
7,414 |
|
|
715 |
|
2021 |
(c) |
|
Total properties |
|
|
|
$ |
362,186
|
|
$ |
444,321
|
|
|
$ |
88
|
|
$ |
351,984
|
|
$ |
442,416
|
|
$ |
794,400
|
|
|
$ |
63,600
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
b.The aggregate cost of land, buildings and improvements for federal income tax purposes is approximately $807 million.
c.Depreciation is computed based on the following estimated useful lives: Buildings and Improvements 19-43 years.
Reconciliation of investment properties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2025 |
|
2024 |
|
2023 |
Balance, beginning of period |
$ |
825,871 |
|
|
$ |
901,001 |
|
|
$ |
919,637 |
|
Provision for impairment of investment properties |
(12,195) |
|
|
(2,081) |
|
|
— |
|
Sales of investment properties |
(19,276) |
|
|
(73,049) |
|
|
(18,636) |
|
|
|
|
|
|
|
Costs capitalized subsequent to acquisition |
— |
|
|
— |
|
|
— |
|
Balance, end of period |
$ |
794,400
|
|
|
$ |
825,871
|
|
|
$ |
901,001
|
|
Reconciliation of accumulated depreciation:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2025 |
|
2024 |
|
2023 |
Balance, beginning of period |
$ |
52,104 |
|
|
$ |
41,818 |
|
|
$ |
27,742 |
|
Depreciation expense |
13,092 |
|
|
13,849 |
|
|
14,418 |
|
Sales of investment properties |
(1,596) |
|
|
(3,563) |
|
|
(342) |
|
|
|
|
|
|
|
Balance, end of period |
$ |
63,600
|
|
|
$ |
52,104
|
|
|
$ |
41,818
|
|
|