Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2023

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

Schedule III, Real Estate and Accumulated Depreciation

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2023

(Amounts in thousands)

				Initial Cost to Company						Cost amount carried at Close of Period
Location	Type(1)	Encumbrances(2)		Land		Buildings and Improvements		Costs  Capitalized Subsequent to Acquisition(3)		Land		Buildings and Improvements		Total(4)		Accumulated Depreciation(3)(5)		Original Construction Date(s) (Unaudited)	Date  Acquired
Aberdeen, MS	C/O	$ —		$	1,147	$	14,044	$	274	$	1,147	$	14,318	$	15,465	$	3,191	2005	6/17/2015
Alameda, CA	L	—			5,438		4,312		70,372		5,438		74,684		80,122		8,120	2019	8/1/2016
Albany, NY	O	—			1,801		11,544		339		1,801		11,883		13,684		2,804	2004	2/11/2015
Albany, NY	O	—			1,412		17,128		7,778		1,412		24,906		26,318		3,517	1998	11/22/2016
Albuquerque, NM	O	—			3,062		28,201		171		3,062		28,372		31,434		7,149	2011	2/17/2016
Albuquerque, NM	O	—			2,905		23,804		888		2,905		24,692		27,597		6,524	2006	2/11/2015
Albuquerque, NM	O		11,723		2,345		28,611		546		2,345		29,157		31,502		9,025	2011	2/11/2015
Anaheim, CA	O	—			7,081		16,346		31		7,081		16,377		23,458		122	1991 / 2020	10/3/2023
Arlington, VA	O	—			14,350		44,442		1,753		14,350		46,195		60,545		13,600	2009	2/11/2015
Atlanta, GA	O	—			1,074		10,788		6,807		1,074		17,595		18,669		145	2008 / 2023	10/3/2023
Bakersfield, CA	O	—			438		2,253		775		438		3,028		3,466		459	2000	10/16/2018
Birmingham, AL	O	—			408		10,853		174		408		11,027		11,435		2,347	2005	7/1/2016
Birmingham, AL	O	—			755		22,537		3,770		755		26,307		27,062		4,824	2005	7/1/2016
Birmingham, AL	O	—			1,410		17,276		120		1,410		17,396		18,806		2,926	2014	11/9/2018
Broomfield, CO	O/W	—			4,002		19,253		11		4,002		19,264		23,266		791	2012	5/10/2022
Brownsburg, IN	OC	—			1,774		26,300		24		1,774		26,324		28,098		1,425	2021	11/1/2021
Buffalo, NY	O	—			246		80,913		3,585		246		84,498		84,744		15,327	2004	9/13/2018
Charleston, SC	C/O	—			1,325		21,189		2,967		1,325		24,156		25,481		2,909	1999	10/16/2018
Charleston, WV	O	—			551		13,732		1,948		551		15,680		16,231		2,532	1959 / 2000	9/13/2018
Chico, CA	OC	—			5,183		24,405		56		5,183		24,461		29,644		2,249	2019	4/30/2020
Clarksburg, WV	O	—			108		13,421		1,234		108		14,655		14,763		2,183	1999	9/13/2018
Cleveland, OH	O	—			563		18,559		190		563		18,749		19,312		1,559	1981 / 2021	7/22/2021
Council Bluffs, IO	C/O	—			791		11,984	—			791		11,984		12,775		568	2021	8/23/2022
Dallas, TX	O	—			1,005		14,546		1,281		1,005		15,827		16,832		4,032	2001	2/11/2015
Dallas, TX	L	—			2,753		23,848		4,139		2,753		27,987		30,740		5,218	2001	12/1/2015
Dallas, TX	O	—			740		8,191		716		740		8,907		9,647		1,421	2005	9/13/2018
Del Rio, TX	C/O	—			210		30,676		1,512		210		32,188		32,398		8,236	1992 / 2004	2/11/2015
Des Plaines, IL	O	—			1,742		9,325		377		1,742		9,702		11,444		1,534	1971 / 1999	9/13/2018
El Centro, CA	C/O	—			1,084		20,765		1,506		1,084		22,271		23,355		5,656	2004	2/11/2015
El Paso, TX	O	—			2,430		33,649		4,742		2,430		38,391		40,821		4,135	1998 -2005	3/26/2020
Fresno, CA	O	—			1,499		68,309		5,370		1,499		73,679		75,178		18,053	2003	2/11/2015
Golden, CO	O/W		8,446		4,080		8,933		667		4,080		9,600		13,680		2,041	1996 / 2011	5/24/2018
Jackson, TN	C/O	—			332		24,324		465		332		24,789		25,121		1,896	1998	12/24/2020
Kansas City, KS	L	—			828		33,035		2,394		828		35,429		36,257		7,010	2003	7/1/2016
Kansas City, MO	O	—			645		24,431		105		645		24,536		25,181		2,146	1998 / 2020	5/20/2021
Knoxville, TN	O	—			2,840		25,775		499		2,840		26,274		29,114		3,089	2010	3/17/2021

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2023

(Amounts in thousands)

				Initial Cost to Company							Cost amount carried at Close of Period
Location	Type(1)	Encumbrances(2)		Land		Buildings and Improvements		Costs  Capitalized Subsequent to Acquisition(3)			Land		Buildings and Improvements		Total(4)		Accumulated Depreciation(3)(5)		Original Construction Date(s) (Unaudited)	Date  Acquired
Lakewood, CO	O	—		$	1,521	$	32,865	$	932		$	1,521	$	33,797	$	35,318	$	9,669	6/26/1905	2/11/2015
Lees Summit, MO	O		51,998		2,974		90,858		2,932			2,974		93,790		96,764		5,923	1969 / 1999	10/14/2021
Lenexa, KS	O	—			4,367		42,692		379			4,367		43,071		47,438		6,765	2007 / 2012	8/22/2019
Lenexa, KS	L	—			649		3,449		62,427			649		65,876		66,525		5,375	2020	5/27/2017
Lincoln, NE	O	—			2,310		26,328		1,281			2,310		27,609		29,919		7,273	2005	11/12/2015
Little Rock, AR	O	—			2,278		19,318		752			2,278		20,070		22,348		5,267	2001	2/11/2015
Loma Linda, CA	OC		126,706		12,476		177,357		375			12,476		177,732		190,208		29,308	2016	6/1/2017
Louisville, KY	O	—			1,005		5,473		170			1,005		5,643		6,648		405	2011	3/17/2021
Louisville, KY	O	—			1,015		21,885		295			1,015		22,180		23,195		1,749	2011	3/17/2021
Lubbock, TX	W/D	—			541		972	—				541		972		1,513		295	2013	2/11/2015
Martinsburg, WV	O	—			1,700		13,294		258			1,700		13,552		15,252		3,586	2007	2/11/2015
Mobile, AL	O	—			2,045		20,400		4,017			2,045		24,417		26,462		1,716	2001	9/18/2020
Mobile, AL	OC	—			6,311		31,030		37			6,311		31,067		37,378		2,905	2018	4/30/2020
New Orleans, LA	O	—			664		24,471		718			664		25,189		25,853		2,932	1999 / 2006	5/9/2019
Newport News, VA	C/O	—			252		14,477		135			252		14,612		14,864		75	2008	10/19/2023
North Charleston, SC	O		12,079		963		34,987		1,519			963		36,506		37,469		8,961	1994 / 2012	2/11/2015
North Charleston, SC	W	—			918		14,033	—				918		14,033		14,951		1,109	2020	11/3/2020
Omaha, NE	O	—			4,635		41,319		1,196			4,635		42,515		47,150		13,057	2009	2/11/2015
Omaha, NE	O	—			1,517		14,156		500			1,517		14,656		16,173		3,574	2004	5/19/2016
Orange, CT	OC	—			3,098		23,613		37			3,098		23,650		26,748		2,430	2019	11/21/2019
Parkersburg, WV	O	—			365		52,200		1,058			365		53,258		53,623		7,908	2004 / 2006	9/13/2018
Pittsburgh, PA	O	—			384		24,877		3,228			384		28,105		28,489		4,470	2001	9/13/2018
Pleasanton, CA	L	—			5,765		20,859		336			5,765		21,195		26,960		4,340	2015	10/21/2015
Portland, OR	O	—			4,913		75,794		2,725			4,913		78,519		83,432		11,188	2002	1/31/2019
Richmond, VA	O	—			3,041		23,931		1,902			3,041		25,833		28,874		6,019	2001	12/7/2015
Riverside, CA	O	—			1,983		6,755		1,732			1,983		8,487		10,470		1,848	1997	2/11/2015
Sacramento, CA	O	—			1,434		9,369		2,421			1,434		11,790		13,224		3,228	2002	2/11/2015
Salt Lake City, UT	O	—			2,049		79,955		979			2,049		80,934		82,983		14,406	2012	9/28/2017
San Antonio, TX	O	—			3,745		49,153		1,508			3,745		50,661		54,406		13,503	2007	2/11/2015
San Diego, CA	W	—			3,060		510		914			3,060		1,424		4,484		590	1999	2/11/2015
San Diego, CA	O	—			2,252		12,280		(7,841	)		1,216		5,475		6,691		361	2001	9/11/2015
San Diego, CA	O	—			773		2,481		1,036			773		3,517		4,290		930	2003	2/11/2015
San Jose, CA	OC	—			10,419		52,750		58			10,419		52,808		63,227		7,220	2018	7/11/2018
Santa Ana, CA	O	—			6,413		8,635		827			6,413		9,462		15,875		2,861	2004	2/11/2015
Savannah, GA	L		9,243		3,220		10,687		486			3,220		11,173		14,393		2,853	2013	2/11/2015

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2023

(Amounts in thousands)

				Initial Cost to Company						Cost amount carried at Close of Period
Location	Type(1)	Encumbrances(2)		Land		Buildings and Improvements		Costs  Capitalized Subsequent to Acquisition(3)		Land		Buildings and Improvements		Total(4)		Accumulated Depreciation(3)(5)		Original Construction Date(s) (Unaudited)	Date  Acquired
South Bend, IN	C/O	—		$	514	$	6,590	$	481	$	514	$	7,071	$	7,585	$	1,392	1996 / 2011	12/23/2016
South Bend, IN	OC	—			3,954		38,503		241		3,954		38,744		42,698		5,926	2017	11/16/2017
Springfield, MO	O	—			118		16,629		41		118		16,670		16,788		1,123	2002	4/22/2021
Sterling, VA	L	—			2,556		21,817		13,648		2,556		35,465		38,021		3,593	2001	1/31/2019
Suffolk, VA	O	—			7,141		61,577		8,150		7,141		69,727		76,868		8,084	1993 / 2004	5/8/2019
Tampa, FL	O	—			5,002		57,553		110		5,002		57,663		62,665		2,374	2005	5/18/2022
Tracy, CA	W	—			2,678		548		29,739		2,678		30,287		32,965		3,941	2018	10/4/2017
Tustin, CA	O	—			8,532		24,279		342		8,532		24,621		33,153		3,323	1979 / 2019	10/22/2019
Upper Marlboro, MD	L	—			5,054		18,301		2,571		5,054		20,872		25,926		2,621	2002	11/15/2018
Vista, CA	L	—			3,998		24,053		1,748		3,998		25,808		29,806		5,838	2002	2/11/2015
Various	Various	—			4,076		15,691		36,736		4,076		52,427		56,503	—		N/A	Various
		$	220,195	$	223,035	$	2,176,456	$	310,722	$	221,999	$	2,488,221	$	2,710,220	$	391,077

(1)OC=Outpatient Clinic; O=Office; C=Courthouse; L=Laboratory; W=Warehouse; D=Distribution; M=Manufacturing.

(2)Includes the unamortized balance of the fair value adjustments.

(3)Includes asset impairments recognized, write-offs of involuntary conversions and write-offs of acquired tenant improvements upon the tenant vacating the space.

(4)Excludes value of real estate intangibles.

(5)Depreciation of real estate property is computed on a straight-line basis over the estimated useful lives of the assets. The estimated lives of our assets range from 5 to 40 years or to the term of the underlying lease.

The aggregate cost and accumulated depreciation for tax purposes was approximately $2,648.9 million and $442.5 million, respectively.

Easterly Government Properties, Inc.

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2023

(Amounts in thousands)

Analysis of the carrying amount of real estate properties and accumulated depreciation:

	Real Estate Properties			Accumulated Depreciation
Balance at December 31, 2020		2,421,874			213,213
Additions		261,347			65,015
Dispositions		(6,656	)		(851	)
Balance at December 31, 2021		2,676,565			277,377
Additions		135,914			69,999
Dispositions		(198,214	)		(23,960	)
Real estate impaired (1)		(7,675	)		(2,134	)
Balance at December 31, 2022		2,606,590			321,282
Additions		103,630			69,795
Dispositions		—			—
Balance at December 31, 2023		2,710,220			391,077

(1)During the quarter ended September 30, 2022, we recognized an impairment loss totaling approximately $5.5 million for its ICE – Otay. See Note 3 and Note 7 for additional information.