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

12 Months Ended

Dec. 31, 2020

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, 2020		Initial Cost				Cost Capitalized Subsequent to Acquisition		Gross Carrying Amount at December 31, 2020				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	$	18,227	$	26,816	$	127,101	$	(64,168)	1997/1999	12/9/2003	35 years
Carmel Country Plaza	—		4,200		—		13,074		4,200		13,074		(9,006)		1991	1/10/1989	35 years
Carmel Mountain Plaza	—		22,477		65,217		38,934		31,034		95,594		(47,365)		1994/2014	3/28/2003	35 years
Del Monte Center	—		27,412		87,570		35,136		27,117		123,001		(70,136)		1967/1984/2006	4/8/2004	35 years
Gateway Marketplace	—		17,363		21,644		1,239		17,363		22,883		(2,889)		1997/2016	7/6/2017	35 years
Geary Marketplace	—		8,239		12,353		212		8,239		12,565		(3,190)		2012	12/19/2012	35 years
Hassalo on Eighth - Retail	—		—		—		28,529		597		27,932		(6,356)		2015	7/1/2011	35 years
Lomas Santa Fe Plaza	—		8,600		11,282		13,767		8,620		25,029		(17,927)		1972/1997	6/12/1995	35 years
The Shops at Kalakaua	—		13,993		10,817		144		14,006		10,948		(4,989)		1971/2006	3/31/2005	35 years
Solana Beach Towne Centre	—		40,980		38,842		4,287		40,980		43,129		(13,754)		1973/2000/2004	1/19/2011	35 years
South Bay Marketplace	—		4,401		—		12,513		4,401		12,513		(8,009)		1997	9/16/1995	35 years
Waikele Center	—		55,593		126,858		42,934		70,643		154,742		(66,820)		1993/2008	9/16/2004	35 years
City Center Bellevue	111,000		25,135		190,998		53,599		25,135		244,597		(62,613)		1987	8/21/2012	40 years
First & Main	—		14,697		109,739		5,933		14,697		115,672		(34,125)		2010	3/11/2011	40 years
The Landmark at One Market	—		34,575		141,196		27,900		34,575		169,096		(40,885)		1917/2000	6/30/2010	40 years
Lloyd District Portfolio	—		18,660		61,401		101,072		11,845		169,288		(43,017)		1940-2015	7/1/2011	40 years
One Beach Street	—		15,332		18,017		4,192		15,332		22,209		(6,284)		1924/1972/1987/1992	1/24/2012	40 years
Solana Beach Corporate Centre:
Solana Beach Corporate Centre I-II	—		7,111		17,100		7,514		7,111		24,614		(7,623)		1982/2005	1/19/2011	40 years
Solana Beach Corporate Centre III-IV	—		7,298		27,887		5,678		7,298		33,565		(9,616)		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		—		56,586		5,408		55,273		(20,723)		1996-1997/2014	6/6/1989	40 years
Pacific North Court	—		3,263		—		26,645		4,309		25,599		(12,808)		1997-1998	6/6/1989	40 years
Pacific South Court	—		3,285		—		40,066		4,226		39,125		(16,498)		1996-1997	6/6/1989	40 years
Pacific VC	—		1,413		—		10,521		2,148		9,786		(5,651)		1998/2000	6/6/1989	40 years
Pacific Torrey Daycare	—		715		—		1,941		911		1,745		(984)		1996-1997	6/6/1989	40 years
Torrey Reserve Building 6	—		—		—		8,012		682		7,330		(2,081)		2013	6/6/1989	40 years
Torrey Reserve Building 5	—		—		—		4,012		1,017		2,995		(518)		2014	6/6/1989	40 years
Torrey Reserve Building 13 & 14	—		—		—		16,138		2,188		13,950		(2,770)		2015	6/6/1989	40 years
Torrey Point	—		2,073		741		49,668		5,050		47,432		(3,346)		2018	5/9/1997	40 years
La Jolla Commons
La Jolla Commons I-II	—		62,312		393,662		2,407		62,312		396,069		(21,227)		2008-2014	6/20/2019	40 years
La Jolla Commons Land	—		20,446		—		4,294		20,446		4,294		—		N/A	6/20/2019	N/A
Imperial Beach Gardens	—		1,281		4,820		5,445		1,281		10,265		(8,425)		1959/2008	7/31/1985	30 years
Loma Palisades	—		14,000		16,570		29,900		14,052		46,418		(30,582)		1958/2001-2008	7/20/1990	30 years
Mariner’s Point	—		2,744		4,540		1,731		2,744		6,271		(3,949)		1986	5/9/2001	30 years
Santa Fe Park RV Resort	—		401		928		1,263		401		2,191		(1,562)		1971/2007-2008	6/1/1979	30 years
Pacific Ridge Apartments	—		47,971		178,497		2,062		47,971		180,559		(24,598)		2013	4/28/2017	30 years

	Encumbrance as of December 31, 2020		Initial Cost				Cost Capitalized Subsequent to Acquisition		Gross Carrying Amount at December 31, 2020				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
Hassalo on Eighth - Multifamily	—		—		—		178,397		6,219		172,178		(31,629)		2015	7/1/2011	30 years
Waikiki Beach Walk:
Retail	—		45,995		74,943		428		45,995		75,371		(22,940)		2006	1/19/2011	35 years
Hotel	—		30,640		60,029		13,886		30,640		73,915		(25,077)		2008/2020	1/19/2011	35 years
	$	111,000	$	593,583	$	1,784,945	$	868,346	$	628,556	$	2,618,318	$	(754,140)

(1) For Federal tax purposes, the aggregate tax basis is approximately $2.3 billion as of December 31, 2020.

	Year Ended December 31,
	2020		2019		2018
Real estate assets
Balance, beginning of period	$	3,188,697	2,630,191		2,614,138
Additions:
Property acquisitions	—		476,421		—
Improvements	64,997		101,285		62,790
Deductions:
Cost of Real Estate Sold	—		(8,845)		—
Other (1)	(6,820)		(10,355)		(46,737)
Balance, end of period	$	3,246,874	$	3,188,697	$	2,630,191
Accumulated depreciation
Balance, beginning of period	$	665,222	$	590,338	$	537,431
Additions—depreciation	95,738		85,428		99,644
Deductions:
Cost of Real Estate Sold	—		(189)		—
Other (1)	(6,820)		(10,355)		(46,737)
Balance, end of period	$	754,140	$	665,222	$	590,338

(1)Other deductions for the years ended December 31, 2020, 2019 and 2018 represent the write-off of fully depreciated assets.