EX-99.1 16 d05408exv99w1.txt EX-99.1 SCHEDULE III EXHIBIT 99.1 3333 HOLDING CORPORATION AND CENTEX DEVELOPMENT COMPANY, L.P. REAL ESTATE AND ACCUMULATED DEPRECIATION SCHEDULE III MARCH 31, 2003 (DOLLARS IN THOUSANDS)
Column A Column B Column C Column D Column E ------------------------------------------ ------------ -------------------------- -------------------------- ------------ Cost Capitalized Gross Amount at Subsequent to Which Carried at Initial Cost to Company Acquisition Close of Period -------------------------- ------------- -------------------------- Buildings & Land & Buildings & Description Encumbrances Land Improvements Improvements Land Improvements ------------------------------------------ ------------ ----------- ------------ ------------ ----------- ------------ Charlotte, North Carolina Westlake I - Industrial Building $ 1,671 $ 341 $ -- $ 1,626 $ 341 $ 1,626 Westlake II - Industrial Building 4,703 486 -- 4,896 486 4,896 Westlake III - Industrial Building 3,562 439 -- 3,601 441 3,599 Westlake IV - Industrial Building 11,762 1,413 -- 12,056 1,502 11,587 Westlake V - Industrial Building 4,823 625 -- 4,704 628 4,701 Westlake VI - Industrial Building 2,847 1,252 -- 2,729 1,252 2,729 Westlake VIII - Industrial Building 12,924 3,728 -- 11,478 3,814 11,392 Camarillo, California Camarillo Business Center--Industrial Building 5,500 1,206 6,119 1 1,206 6,120 Land held for development and sale 1,500 2,398 -- 37 2,435 -- Land held for development and sale 690 4,651 -- 2,495 5,248 -- Palm Coast, Florida Land held for development and sale -- 21,095 -- -- 4,302 -- Waikoloa, Hawaii Land held for development and sale 25,175 33,029 -- -- 27,619 -- Gardner, Massachusetts Summit I - Industrial Building 1,829 205 -- 2,155 205 2,155 Ann Arbor, Michigan State Street 11-12 - Office Building 2,278 1,210 -- 2,725 1,309 2,625 Land held for development and sale 441 897 -- (56) 841 -- Myrtle Beach, South Carolina Land held for development and sale 6,460 11,550 -- -- 6,874 -- Dallas, Texas Citymark I - Office Building 17,803 5,677 18,988 278 5,677 19,266 Grand Prairie, Texas Hilltop - Industrial Building 4,289 2,013 -- 4,553 2,061 4,505 Lewisville, Texas Vista Ridge Marketplace - Retail Center 4,996 5,324 -- 3,804 5,327 3,801 ----------- ----------- ----------- ----------- ----------- ----------- $ 113,253 $ 97,539 $ 25,107 $ 57,082 $ 71,568 $ 79,002 =========== =========== =========== =========== =========== =========== Column A Column F Column G Column H Column I ------------------------------------------ ------------ ------------ ----------- --------------- Life on Which Depreciation in Fiscal Fiscal Latest Income Accumulated Year Year Statements is Description Depreciation Constructed Acquired is Computed ------------------------------------------ ------------ ------------ ----------- --------------- Charlotte, North Carolina Westlake I - Industrial Building $ 256 1999 (1) Westlake II - Industrial Building 487 2000 (1) Westlake III - Industrial Building 253 2001 (1) Westlake IV - Industrial Building 613 2001 (1) Westlake V - Industrial Building 340 2001 (1) Westlake VI - Industrial Building 105 2002 (1) Westlake VIII - Industrial Building 356 2002 (1) Camarillo, California Camarillo Business Center--Industrial Building 248 2002 (1) Land held for development and sale -- 2002 Land held for development and sale -- 1998 Palm Coast, Florida Land held for development and sale -- 2002 Waikoloa, Hawaii Land held for development and sale -- 2002 Gardner, Massachusetts Summit I - Industrial Building 183 2000 (1) Ann Arbor, Michigan State Street 11-12 - Office Building -- 2002 (1) Land held for development and sale -- 2000 Myrtle Beach, South Carolina Land held for development and sale -- 2002 Dallas, Texas Citymark I - Office Building 1,671 2000 (1) Grand Prairie, Texas Hilltop - Industrial Building 47 2003 Lewisville, Texas Vista Ridge Marketplace - Retail Center 83 2003 ----------- $ 4,642 ===========
(1) Depreciation of the real estate assets is calculated over the following estimated useful lives using the straight-line method: Building and improvements 39 years Tenant improvements Terms of leases
3333 HOLDING CORPORATION AND CENTEX DEVELOPMENT COMPANY, L.P. REAL ESTATE AND ACCUMULATED DEPRECIATION NOTE TO SCHEDULE III March 31, 2003 (DOLLARS IN THOUSANDS) Balance at beginning of period $ 226,080 Additions during period: Acquisitions through foreclosure -- Other acquisitions -- Improvements etc. 23,587 Other -- ------------- $ 23,587 ------------- Deductions during period: Cost of real estate sold (91,325) Other (7,772)(a) ------------- (99,097) ------------- Balance at close of period $ 150,570 =============
(a) Represents the transfer of land into Projects Under Development and the disposition of a property in an exchange.