XML 74 R44.htm IDEA: XBRL DOCUMENT v3.6.0.2
Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation

The following table reconciles the historical cost of total real estate held for investment from January 1, 2014 to December 31, 2016:

 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(in thousands)
Total real estate held for investment, beginning of year
$
6,328,146

 
$
6,057,932

 
$
5,264,947

Additions during period:
 
 
 
 
 
Acquisitions
460,957

 
139,123

 
340,296

Improvements, etc.  
386,836

 
536,411

 
588,166

Total additions during period
847,793

 
675,534

 
928,462

Deductions during period:
 
 
 
 
 
Cost of real estate sold
(68,200
)
 
(231,984
)
 
(113,416
)
Properties held for sale
(13,193
)
 
(160,074
)
 
(14,700
)
Other
(33,792
)
 
(13,262
)
 
(7,361
)
Total deductions during period
(115,185
)
 
(405,320
)
 
(135,477
)
Total real estate held for investment, end of year
$
7,060,754

 
$
6,328,146

 
$
6,057,932



The following table reconciles the accumulated depreciation from January 1, 2014 to December 31, 2016:

 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(in thousands)
Accumulated depreciation, beginning of year
$
994,241

 
$
947,664

 
$
818,957

Additions during period:

 

 

Depreciation of real estate
171,983

 
159,524

 
153,841

Total additions during period
171,983

 
159,524

 
153,841

Deductions during period:

 

 

Write-offs due to sale
(22,471
)
 
(66,603
)
 
(18,111
)
Properties held for sale
(3,900
)
 
(46,191
)
 
(7,007
)
Other
—

 
(153
)
 
(16
)
Total deductions during period
(26,371
)
 
(112,947
)
 
(25,134
)
Accumulated depreciation, end of year
$
1,139,853

 
$
994,241

 
$
947,664