SCHEDULE III-Consolidated Real Estate and Accumulated Depreciation (Notes)

12 Months Ended

Dec. 31, 2018

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

SCHEDULE III-Consolidated Real Estate and Accumulated Depreciation

	Encumbrance as of December 31, 2018		Initial Cost				Cost Capitalized Subsequent to Acquisition			Gross Carrying Amount at December 31, 2018				Accumulated Depreciation and Amortization			Year Built/ Renovated	Date Acquired	Life on which depreciation in latest income statements is computed
Description			Land		Building and Improvements					Land		Building and Improvements
Alamo Quarry Market	$	—	$	26,396	$	109,294	$	17,370		$	26,816	$	126,244	$	(57,885	)	1997/1999	12/9/2003	35 years
Carmel Country Plaza	—		4,200		—		12,806			4,200		12,806		(8,251		)	1991	1/10/1989	35 years
Carmel Mountain Plaza	—		22,477		65,217		29,434			31,035		86,093		(41,264		)	1994/2014	3/28/2003	35 years
Del Monte Center	—		27,412		87,570		32,894			27,117		120,759		(62,170		)	1967/1984/2006	4/8/2004	35 years
Gateway Marketplace	—		17,363		21,644		1,097			17,363		22,741		(1,199		)	1997/2016	7/6/2017	35 years
Geary Marketplace	—		8,239		12,353		167			8,238		12,521		(2,396		)	2012	12/19/2012	35 years
Hassalo on Eighth - Retail	—		—		—		28,364			597		27,767		(3,668		)	2015	7/1/2011	35 years
Lomas Santa Fe Plaza	—		8,600		11,282		13,421			8,620		24,683		(16,348		)	1972/1997	6/12/1995	35 years
The Shops at Kalakaua	—		13,993		10,817		(6		)	14,006		10,798		(4,366		)	1971/2006	3/31/2005	35 years
Solana Beach Towne Centre	35,008		40,980		38,842		3,158			40,980		42,000		(10,827		)	1973/2000/2004	1/19/2011	35 years
South Bay Marketplace	—		4,401		—		11,931			4,401		11,931		(7,311		)	1997	9/16/1995	35 years
Waikele Center	—		55,593		126,858		29,202			70,643		141,010		(57,608		)	1993/2008	9/16/2004	35 years
City Center Bellevue	111,000		25,135		190,998		36,074			25,135		227,072		(43,740		)	1987	8/21/2012	40 years
First & Main	—		14,697		109,739		7,690			14,697		117,429		(28,457		)	2010	3/11/2011	40 years
The Landmark at One Market	—		34,575		141,196		6,800			34,575		147,996		(37,857		)	1917/2000	6/30/2010	40 years
Lloyd District Portfolio	—		18,660		61,401		69,444			11,845		137,660		(28,415		)	1940-2015	7/1/2011	40 years
One Beach Street	—		15,332		18,017		2,723			15,332		20,740		(4,965		)	1924/1972/1987/1992	1/24/2012	40 years
Solana Beach Corporate Centre:
Solana Beach Corporate Centre I-II	10,502		7,111		17,100		6,076			7,111		23,176		(5,563		)	1982/2005	1/19/2011	40 years
Solana Beach Corporate Centre III-IV	—		7,298		27,887		3,199			7,298		31,086		(7,516		)	1982/2005	1/19/2011	40 years
Solana Beach Corporate Centre Land	—		487		—		60			547		—		—			N/A	1/19/2011	N/A
Torrey Reserve Campus:
Torrey Plaza	—		4,095		—		49,281			5,408		47,968		(16,524		)	1996-1997/2014	6/6/1989	40 years
Pacific North Court	19,620		3,263		—		24,116			4,309		23,070		(11,740		)	1997-1998	6/6/1989	40 years
Pacific South Court	—		3,285		—		37,800			4,226		36,859		(13,105		)	1996-1997	6/6/1989	40 years
Pacific VC	6,635		1,413		—		9,736			2,148		9,001		(4,901		)	1998/2000	6/6/1989	40 years
Pacific Torrey Daycare	—		715		—		1,843			911		1,647		(902		)	1996-1997	6/6/1989	40 years
Torrey Reserve Building 6	—		—		—		7,992			682		7,310		(1,485		)	2013	6/6/1989	40 years
Torrey Reserve Building 5	—		—		—		3,937			1,017		2,920		(214		)	2014	6/6/1989	40 years
Torrey Reserve Building 13 & 14	—		—		—		15,587			2,188		13,399		(1,207		)	2015	6/6/1989	40 years
Torrey Point	—		2,073		741		41,985			6,037		38,762		(395		)	2018	5/9/1997	40 years
Imperial Beach Gardens	—		1,281		4,820		4,894			1,281		9,714		(8,054		)	1959/2008	7/31/1985	30 years
Loma Palisades	—		14,000		16,570		25,982			14,051		42,501		(27,988		)	1958/2001-2008	7/20/1990	30 years
Mariner’s Point	—		2,744		4,540		1,553			2,744		6,093		(3,430		)	1986	5/9/2001	30 years
Santa Fe Park RV Resort	—		401		928		841			401		1,769		(1,483		)	1971/2007-2008	6/1/1979	30 years
Pacific Ridge Apartments	—		47,971		178,497		1,094			47,971		179,591		(11,329		)	2013	4/28/2017	30 years
Hassalo on Eighth - Multifamily	—		—		—		177,859			6,220		171,639		(19,649		)	2015	7/1/2011	30 years
Waikiki Beach Walk:
Retail	—		45,995		74,943		430			45,995		75,373		(18,753		)	2006	1/19/2011	35 years
Hotel	—		30,640		60,029		2,404			30,640		62,433		(19,184		)	2008/2014	1/19/2011	35 years
Solana Beach - Highway 101 Land	—		7,847		202		796			8,845		—		(189		)	N/A	9/20/2011	N/A

	Encumbrance as of December 31, 2018		Initial Cost				Cost Capitalized Subsequent to Acquisition		Gross Carrying Amount at December 31, 2018				Accumulated Depreciation and Amortization			Year Built/ Renovated	Date Acquired	Life on which depreciation in latest income statements is computed
Description			Land		Building and Improvements				Land		Building and Improvements
	$	182,765	$	518,672	$	1,391,485	$	720,034	$	555,630	$	2,074,561	$	(590,338	)

(1) For Federal tax purposes, the aggregate tax basis is approximately $1.9 billion as of December 31, 2018.

	Year Ended December 31,
	2018			2017			2016
Real estate assets
Balance, beginning of period	$	2,614,138		2,301,006			2,246,028
Additions:
Property acquisitions	—			270,602			—
Improvements	62,790			44,755			59,199
Deductions:
Cost of Real Estate Sold	—			—			—
Other (1)	(46,737		)	(2,225		)	(4,221		)
Balance, end of period	$	2,630,191		$	2,614,138		$	2,301,006
Accumulated depreciation
Balance, beginning of period	$	537,431		$	469,460		$	411,166
Additions—depreciation	99,644			70,196			62,515
Deductions:
Cost of Real Estate Sold	—			—			—
Other (1)	(46,737		)	(2,225		)	(4,221		)
Balance, end of period	$	590,338		$	537,431		$	469,460

(1) Other deductions for the years ended December 31, 2018, 2017 and 2016 represent the write-off of fully depreciated assets.