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Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2017
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, 2015 to December 31, 2017:

 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in thousands)
Total real estate held for investment, beginning of year
$
7,060,754

 
$
6,328,146

 
$
6,057,932

Additions during period:

 
 
 
 
Acquisitions
19,829

 
460,957

 
139,123

Improvements, etc.  
533,939

 
386,836

 
536,411

Total additions during period
553,768

 
847,793

 
675,534

Deductions during period:
 
 
 
 
 
Cost of real estate sold
(191,610
)
 
(68,200
)
 
(231,984
)
Properties held for sale
—

 
(13,193
)
 
(160,074
)
Other
(5,135
)
 
(33,792
)
 
(13,262
)
Total deductions during period
(196,745
)
 
(115,185
)
 
(405,320
)
Total real estate held for investment, end of year
$
7,417,777

 
$
7,060,754

 
$
6,328,146



The following table reconciles the accumulated depreciation from January 1, 2015 to December 31, 2017:

 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in thousands)
Accumulated depreciation, beginning of year
$
1,139,853

 
$
994,241

 
$
947,664

Additions during period:

 
 
 
 
Depreciation of real estate
190,515

 
171,983

 
159,524

Total additions during period
190,515

 
171,983

 
159,524

Deductions during period:
 
 
 
 
 
Write-offs due to sale
(66,206
)
 
(22,471
)
 
(66,603
)
Properties held for sale
—

 
(3,900
)
 
(46,191
)
Other
—

 
—

 
(153
)
Total deductions during period
(66,206
)
 
(26,371
)
 
(112,947
)
Accumulated depreciation, end of year
$
1,264,162

 
$
1,139,853

 
$
994,241