Real Estate (Tables)

12 Months Ended

Dec. 31, 2021

A summary of the properties owned by us is as follows:


Retail
Carmel Country Plaza	Gateway Marketplace	Alamo Quarry Market
Carmel Mountain Plaza	Del Monte Center	Hassalo on Eighth - Retail
South Bay Marketplace	Geary Marketplace
Lomas Santa Fe Plaza	The Shops at Kalakaua
Solana Beach Towne Centre	Waikele Center


Office
La Jolla Commons	One Beach Street	Corporate Campus East III
Torrey Reserve Campus	First & Main
Torrey Point	Lloyd Portfolio
Solana Crossing	City Center Bellevue
The Landmark at One Market	Eastgate Office Park


Multifamily
Loma Palisades			Hassalo on Eighth - Multifamily
Imperial Beach Gardens
Mariner's Point
Santa Fe Park RV Resort
Pacific Ridge Apartments


Mixed-Use
Waikiki Beach Walk Retail and Embassy Suites™ Hotel


Held for Development and Construction in Progress
La Jolla Commons - Construction in Progress
Solana Crossing – Land
Lloyd Portfolio – Construction in Progress

A summary of our real estate investments is as follows (in thousands):


	Retail		Office		Multifamily		Mixed-Use		Total
December 31, 2021
Land	$	254,016	$	284,263	$	72,668	$	76,635	$	687,582
Buildings	527,262		1,270,131		393,713		129,226		2,320,332
Land improvements	47,425		14,269		7,764		2,606		72,064
Tenant improvements	89,520		218,639		—		2,366		310,525
Furniture, fixtures, and equipment	1,098		5,003		18,039		15,416		39,556
Construction in progress (1)	7,160		87,340		4,448		364		99,312
	926,481		1,879,645		496,632		226,613		3,529,371
Accumulated depreciation	(335,374)		(343,433)		(115,317)		(53,266)		(847,390)
Net real estate	$	591,107	$	1,536,212	$	381,315	$	173,347	$	2,681,981
December 31, 2020
Land	$	254,016	$	225,238	$	72,668	$	76,635	$	628,557
Buildings	526,522		1,137,711		392,224		128,477		2,184,934
Land improvements	47,425		11,672		7,346		2,606		69,049
Tenant improvements	88,326		186,423		—		1,890		276,639
Furniture, fixtures, and equipment	1,069		3,236		16,480		15,651		36,436
Construction in progress (1)	5,170		43,595		1,831		663		51,259
	922,528		1,607,875		490,549		225,922		3,246,874
Accumulated depreciation	(314,610)		(290,768)		(100,745)		(48,017)		(754,140)
Net real estate	$	607,918	$	1,317,107	$	389,804	$	177,905	$	2,492,734

(1) Land related to held for development and construction in progress is included in the Held for Development and Construction in Progress classifications on the consolidated balance sheets.