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Schedule III - Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation
Schedule III - Real Estate and Accumulated Depreciation
(dollars in thousands)
December 31, 2020
   Initial Cost to CompanyCost Capitalized Subsequent to
Acquisition
Gross Amounts Carried at
Close of Period 12/31/20
     
LocationNumber of PropertiesEncumbrancesLandBuildings and ImprovementsImprovementsLandBuildings and Improvements
Total (1)
Accumulated DepreciationYear of ConstructionDate AcquiredWeighted-Average Depreciable Life (in years)
Retail - Carrollton, TX$12,875 $3,961 $14,672 $$3,970 $14,672 $18,642 $(3,546)199611/25/201538
Retail - Plano, TX11,817 4,616 12,691 205 4,616 12,896 17,512 (3,368)199411/25/201538
Retail - Grapevine, TX12,692 4,713 13,888 248 4,713 14,136 18,849 (3,123)199811/25/201538
Retail - Flower Mound, TX13,085 4,963 14,477 14 4,963 14,491 19,454 (3,461)199911/25/201538
Retail - Grapevine, TX9,797 3,932 9,972 11 3,932 9,983 13,915 (2,401)199411/25/201538
Retail - Flower Mound, TX7,492 2,696 7,351 209 2,696 7,560 10,256 (2,424)199211/25/201538
Retail - Flower Mound, TX8,929 3,571 8,280 219 3,571 8,499 12,070 (1,774)199611/25/201538
Retail - Plano, TX4,637 1,459 4,533 95 1,459 4,628 6,087 (2,046)199511/25/201538
Retail - Largo, FL12,750 4,973 12,812 286 4,973 13,098 18,071 (3,255)19888/14/201527
Retail - Grass Valley, CA25,900 9,872 28,680 479 9,872 29,159 39,031 (7,979)198810/27/201525
Multifamily - Washington, DC57,500 31,999 42,623 1,155 31,999 43,778 75,777 (8,575)1978, 200810/20/201528
Retail - Penfield, NY23,558 4,121 22,413 1,546 4,122 23,958 28,080 (8,037)195711/10/201424
Retail - Orchard Park, NY12,888 4,204 20,617 224 4,189 20,856 25,045 (5,344)1997, 200011/10/201432
Retail - Cheektowaga, NY9,447 1,961 12,259 245 1,939 12,526 14,465 (3,317)197811/10/201425
Retail - Amherst, NY8,270 2,131 9,740 1,193 2,132 10,932 13,064 (2,871)198611/10/201428
Retail - Ontario, NY5,406 575 6,813 27 574 6,841 7,415 (2,189)199811/10/201431
Retail - Irondequoit, NY15,000 2,438 14,684 1,936 2,438 16,620 19,058 (4,824)197211/10/201427
Retail - LeRoy, NY3,492 374 4,922 405 343 5,358 5,701 (1,729)199711/10/201429
Retail - Jamestown, NY7,356 820 4,915 — 820 4,915 5,735 (1,783)199711/10/201429
Retail - Warsaw, NY3,415 407 4,117 407 4,123 4,530 (1,216)199811/10/201431
Retail - Chillicothe, OH7,887 1,262 10,819 57 1,262 10,876 12,138 (2,872)1981, 199811/10/201426
Retail - Loganville, GA7,230 3,217 8,386 604 3,217 8,990 12,207 (2,464)199611/10/201428
Retail - Chillicothe, OH7,700 2,282 9,566 209 2,282 9,775 12,057 (2,407)19957/22/201525
Retail - Knoxville, TN— 3,503 13,309 400 3,503 13,709 17,212 (2,980)20024/9/201434
Office - Falls Church, VA25,000 13,500 21,895 374 13,500 22,269 35,769 (1,571)19903/23/202027
Retail - Washington DC— 38,000 6,499 — 38,000 6,499 44,499 (81)19778/28/202038
Healthcare - Abingdon, VA— 370 15,061 (15,431)— — — — 20129/7/201844
Healthcare - Chase City, VA— 160 11,894 (12,054)— — — — 20049/7/201836
Healthcare - Fredericksburg, VA— 3,110 18,830 (21,940)— — — — 19839/7/201818
Healthcare - Gainesville, VA— 1,470 13,894 (15,364)— — — — 20069/7/201838
Healthcare - Pennington Gap, VA— 190 11,549 (11,739)— — — — 20019/7/201833
Healthcare - Manassas, VA— 2,040 14,041 (16,081)— — — — 20069/7/201838
Healthcare - Radford, VA— 370 12,623 (12,993)— — — — 20029/7/201834
Healthcare - Hopewell, VA— 560 12,181 (12,741)— — — — 20059/7/201837
Healthcare - Clifton Forge, VA— 710 5,368 (6,078)— — — — 19869/7/201818
Healthcare - Allen, TX8,847 800 10,858 — 800 10,858 11,658 (1,452)20009/7/201822
Healthcare - Frisco, TX6,559 1,000 7,420 — 1,000 7,420 8,420 (828)19999/7/201831
Healthcare - Garland, TX8,999 740 10,705 — 740 10,705 11,445 (1,000)20049/7/201836
Healthcare - Denison, TX1 4,211 650 6,527  650 6,527 7,177 (1,078)19929/7/201819
Healthcare - Lewisville, TX1 3,966 870 7,020  870 7,020 7,890 (887)20049/7/201826
Healthcare - Kaukauna, WI1 7,677 240 8,904  240 8,904 9,144 (797)2009, 20139/7/201834
Healthcare - Mankato, MN1 7,372 660 9,040  660 9,040 9,700 (1,108)20049/7/201821
Healthcare - Mankato, MN1 5,700 410 6,618  410 6,618 7,028 (579)20149/7/201831
Healthcare - St. George, UT1 9,706 1,050 13,422  1,050 13,422 14,472 (1,031)20149/7/201836
Healthcare - St. George, UT1 6,986 690 7,670  690 7,670 8,360 (665)20119/7/201833
Healthcare - Covington, LA1 16,290 410 19,216 402 410 19,618 20,028 (1,744)20099/7/201831
Healthcare - Blue Ridge, GA1 12,889 630 15,576 3,471 630 19,047 19,677 (1,407)7/8/19059/7/201838
Healthcare - Mission, KS1 16,327 600 21,501 173 598 21,676 22,274 (1,934)7/7/19059/7/201832
48 $429,652 $173,280 $600,851 $(110,219)$164,240 $499,672 $663,912 $(100,147) 
(1)     The aggregate cost of land, buildings and improvements, before depreciation, for Federal income tax purposes at December 31, 2020 was $681.5 million (unaudited).

The following table presents our real estate activity during the periods presented: 
202020192018
Real Estate(dollars in thousands)
Beginning balance$704,354 $721,664 $441,971 
Acquisitions and improvements83,979 5,811 279,693 
Property sold(124,421)(23,121)— 
Ending balance$663,912 $704,354 $721,664 
Accumulated Depreciation
Beginning balance$87,532 $67,026 $48,920 
Property sold(10,098)(3,166)— 
Depreciation22,713 23,672 18,106 
Ending balance$100,147 $87,532 $67,026