SCHEDULE III-Consolidated Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2022

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, 2022		Initial Cost				Cost Capitalized Subsequent to Acquisition		Gross Carrying Amount at December 31, 2022				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	$	26,226	$	26,816	$	135,100	$	(72,135)	1997/1999	12/9/2003	35 years
Carmel Country Plaza	—		4,200		—		13,609		4,200		13,609		(9,790)		1991	1/10/1989	35 years
Carmel Mountain Plaza	—		22,477		65,217		40,192		31,034		96,852		(53,546)		1994/2014	3/28/2003	35 years
Del Monte Center	—		27,412		87,570		33,250		27,117		121,115		(74,353)		1967/1984/2006	4/8/2004	35 years
Gateway Marketplace	—		17,363		21,644		1,239		17,363		22,883		(4,633)		1997/2016	7/6/2017	35 years
Geary Marketplace	—		8,239		12,353		227		8,239		12,580		(3,996)		2012	12/19/2012	35 years
Hassalo on Eighth - Retail	—		—		—		28,688		597		28,091		(9,188)		2015	7/1/2011	35 years
Lomas Santa Fe Plaza	—		8,600		11,282		14,207		8,620		25,469		(19,510)		1972/1997	6/12/1995	35 years
The Shops at Kalakaua	—		13,993		10,817		144		14,006		10,948		(5,695)		1971/2006	3/31/2005	35 years
Solana Beach Towne Centre	—		40,980		38,842		4,785		40,980		43,627		(16,625)		1973/2000/2004	1/19/2011	35 years
South Bay Marketplace	—		4,401		—		13,034		4,401		13,034		(8,772)		1997	9/16/1995	35 years
Waikele Center	—		55,593		126,858		44,974		70,644		156,781		(76,642)		1993/2008	9/16/2004	35 years
City Center Bellevue	75,000		25,135		190,998		51,599		25,135		242,597		(75,340)		1987	8/21/2012	40 years
Eastgate Office Park	—		35,822		82,737		1,243		35,822		83,980		(4,805)		1985	7/7/2021	40 years
Corporate Campus East III	—		23,203		55,992		2,918		23,203		58,910		(2,612)		1986	9/10/2021	40 years
Bel-Spring 520	—		13,744		30,339		22		13,744		30,361		(1,007)		1983	3/8/2022	40 years
First & Main	—		14,697		109,739		11,565		14,697		121,304		(41,405)		2010	3/11/2011	40 years
The Landmark at One Market	—		34,575		141,196		34,632		34,575		175,828		(55,366)		1917/2000	6/30/2010	40 years
Lloyd Portfolio	—		18,660		61,401		105,236		11,845		173,452		(58,036)		1940-2015	7/1/2011	40 years
One Beach Street	—		15,332		18,017		37,688		15,332		55,705		(4,456)		1924/1972/1987/1992	1/24/2012	40 years
Solana Crossing:
Solana Crossing I-II	—		7,111		17,100		8,904		7,111		26,004		(9,131)		1982/2005	1/19/2011	40 years
Solana Crossing III-IV	—		7,298		27,887		7,474		7,298		35,361		(11,814)		1982/2005	1/19/2011	40 years
Solana Crossing Land	—		487		—		60		547		—		—		N/A	1/19/2011	N/A
Torrey Reserve Campus:
Torrey Plaza	—		4,095		—		64,054		5,408		62,741		(25,708)		1996-1997/2014	6/6/1989	40 years
Pacific North Court	—		3,263		—		32,234		4,309		31,188		(14,940)		1997-1998	6/6/1989	40 years
Pacific South Court	—		3,285		—		39,937		4,226		38,996		(18,644)		1996-1997	6/6/1989	40 years
Pacific VC	—		1,413		—		10,677		2,148		9,942		(6,380)		1998/2000	6/6/1989	40 years
Pacific Torrey Daycare	—		715		—		1,963		911		1,767		(1,097)		1996-1997	6/6/1989	40 years
Torrey Reserve Building 6	—		—		—		8,013		682		7,331		(2,660)		2013	6/6/1989	40 years
Torrey Reserve Building 5	—		—		—		4,012		1,017		2,995		(839)		2014	6/6/1989	40 years
Torrey Reserve Building 13 & 14	—		—		—		16,157		2,188		13,969		(4,362)		2015	6/6/1989	40 years
Torrey Point	—		2,073		741		49,815		5,050		47,579		(7,707)		2018	5/9/1997	40 years
La Jolla Commons
La Jolla Commons I-II	—		62,312		393,662		3,761		62,312		397,423		(46,846)		2008-2014	6/20/2019	40 years
La Jolla Commons Land	—		20,446		—		93,190		20,446		93,190		—		N/A	6/20/2019	N/A
Imperial Beach Gardens	—		1,281		4,820		6,767		1,281		11,587		(9,029)		1959/2008	7/31/1985	30 years
Loma Palisades	—		14,000		16,570		36,980		14,052		53,498		(33,405)		1958/2001 - 2008/2021	7/20/1990	30 years
Mariner’s Point	—		2,744		4,540		2,250		2,744		6,790		(4,513)		1986	5/9/2001	30 years

	Encumbrance as of December 31, 2022		Initial Cost				Cost Capitalized Subsequent to Acquisition		Gross Carrying Amount at December 31, 2022				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
Santa Fe Park RV Resort	—		401		928		1,539		401		2,467		(1,687)		1971/2007-2008	6/1/1979	30 years
Pacific Ridge Apartments	—		47,971		178,497		3,479		47,971		181,976		(38,188)		2013	4/28/2017	30 years
Hassalo on Eighth - Multifamily	—		—		—		178,564		6,219		172,345		(43,513)		2015	7/1/2011	30 years
Waikiki Beach Walk:
Retail	—		45,995		74,943		1,024		45,995		75,967		(27,336)		2006	1/19/2011	35 years
Hotel	—		30,640		60,029		14,772		30,640		74,801		(31,202)		2008/2014/2020	1/19/2011	35 years
	$	75,000	$	666,352	$	1,954,013	$	1,051,104	$	701,326	$	2,970,143	$	(936,913)

(1) For Federal tax purposes, the aggregate tax basis is approximately $2.5 billion as of December 31, 2022.

	Year Ended December 31,
	2022		2021		2020
Real estate assets
Balance, beginning of period	$	3,529,371	3,246,874		3,188,697
Additions:
Property acquisitions	44,076		197,754		—
Improvements	116,613		93,455		64,997
Deductions:
Cost of Real Estate Sold	—		—		—
Other (1)	(18,591)		(8,712)		(6,820)
Balance, end of period	$	3,671,469	$	3,529,371	$	3,246,874
Accumulated depreciation
Balance, beginning of period	$	847,390	$	754,140	$	665,222
Additions—depreciation	108,118		101,962		95,738
Deductions:
Cost of Real Estate Sold	—		—		—
Other (1)	(18,595)		(8,712)		(6,820)
Balance, end of period	$	936,913	$	847,390	$	754,140

(1)Other deductions for the years ended December 31, 2022, 2021 and 2020 represent the write-off of fully depreciated assets.