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Schedule III - 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 - REAL ESTATE AND ACCUMULATED DEPRECIATION
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2022
($ in thousands)
Initial Cost to CompanyCosts Capitalized Subsequent
to Acquisition		Gross Amount at Which Carried 
at Close of Period
Description/Metropolitan AreaEncumbrancesLand and
Improvements		Buildings and
Improvements		Land and
Improvements
less Cost of
Sales, Transfers
and Other		Building and Improvements less Cost of Sales, Transfers and OtherLand and
Improvements
less Cost of
Sales, Transfers
and Other		Building and Improvements less Cost of Sales, Transfers and OtherTotal (a)(b)Accumulated
Depreciation (a)(b)		Date of
Construction/
Renovation		Date
Acquired
Life on Which Depreciation in 2022 Statement of Operations is Computed (c)
OPERATING PROPERTIES
The Domain$74,521 $65,236 $755,143 $6,006 $288,737 $71,242 $1,043,880 $1,115,122 $103,911 —2019
5 - 40 years
Austin, TX
Terminus221,000 49,050 410,826 — 45,715 49,050 456,541 505,591 49,845 —2019
5 - 40 years
Atlanta, GA
Northpark Town Center— 22,350 295,825 — 66,161 22,350 361,986 384,336 93,350 —2014
5 - 39 years
Atlanta, GA
Corporate Center (d)— 2,468 272,148 16,733 63,554 19,201 335,702 354,903 71,090 —2016
5 - 40 years
Tampa, FL
Spring & 8th— 28,131 — 426 301,770 28,557 301,770 330,327 51,746 20152015
5 - 40 years
Atlanta, GA
Buckhead Plaza— 35,064 234,111 — 54,902 35,064 289,013 324,077 46,738 —2016
5 - 40 years
Atlanta, GA
725 Ponce— 20,720 272,226 — 14,096 20,720 286,322 307,042 12,139 —2021
5 - 40 years
Atlanta, GA
300 Colorado (d)— 18,354 278,905 (18)7,413 18,336 286,318 304,654 8,040 20222021
5 - 40 years
Austin, TX
Hayden Ferry— 13,102 262,578 (252)22,298 12,850 284,876 297,726 60,247 —2016
5 - 40 years
Phoenix, AZ
The Terrace— 27,360 247,226 — 22,201 27,360 269,427 296,787 29,755 —2019
5 - 40 years
Austin, TX
One Eleven Congress— 33,841 201,707 — 51,421 33,841 253,128 286,969 44,830 —2016
5 - 40 years
Austin, TX
Briarlake Plaza— 33,486 196,915 — 17,078 33,486 213,993 247,479 27,131 —2019
5 - 40 years
Houston, TX
San Jacinto Center— 34,068 176,535 (579)26,742 33,489 203,277 236,766 34,726 —2016
5 - 40 years
Austin, TX
3344 Peachtree— 16,110 176,153 — 40,615 16,110 216,768 232,878 41,789 —2016
5 - 40 years
Atlanta, GA
Fifth Third Center130,168 22,591 180,430 — 20,533 22,591 200,963 223,554 55,453 —2014
5 - 40 years
Charlotte, NC
Continued on next page
The RailYard$— $22,831 $178,323 $— $1,225 $22,831 $179,548 $202,379 $12,572 —2020
5 - 40 years
Charlotte, NC
Avalon— 9,952 — 73 180,312 10,025 180,312 190,337 29,015 20162016
5 - 40 years
Atlanta, GA
100 Mill— 13,156 — 5 168,427 13,161 168,427 181,588 4,456 20222022
5 - 40 years
Phoenix, AZ
Promenade Tower— 13,439 102,790 — 62,902 13,439 165,692 179,131 57,571 —2011
5 - 34 years
Atlanta, GA
3350 Peachtree— 16,836 108,177 — 44,203 16,836 152,380 169,216 19,833 —2016
5 - 40 years
Atlanta, GA
Heights Union— 9,545 123,944 — 19,073 9,545 143,017 152,562 5,843 —2021
5 - 40 years
Tampa, FL
Colorado Tower (d)109,552 1,600 — 20,560 123,938 22,160 123,938 146,098 41,388 20132013
5 - 30 years
Austin, TX
Legacy Union One— 13,049 128,740 — 231 13,049 128,971 142,020 17,375 —2019
5 - 40 years
Dallas, GA
Promenade Central (e)— 19,495 62,836 — 51,464 19,495 114,300 133,795 4,880 —2019
5 - 40 years
Atlanta, GA
550 South— 51 115,238 — 9,342 51 124,580 124,631 25,827 —2016
5 - 40 years
Charlotte, NC
Tempe Gateway— 5,893 95,130 — 6,490 5,893 101,620 107,513 15,959 —2016
5 - 40 years
Phoenix, AZ
Domain Point— 17,349 71,599 — 11,961 17,349 83,560 100,909 10,826 —2019
5 - 40 years
Austin, TX
5950 Sherry Lane— 8,040 65,919 — 7,688 8,040 73,607 81,647 8,329 —2019
5 - 40 years
Dallas, GA
111 West Rio— 6,076 56,647 (127)18,987 5,949 75,634 81,583 16,922 —2017
5 - 40 years
Phoenix, AZ
3348 Peachtree— 6,707 69,723 — 1,575 6,707 71,298 78,005 16,135 —2016
5 - 40 years
Atlanta, GA
The Pointe— 9,404 54,694 — 8,637 9,404 63,331 72,735 13,576 —2016
5 - 40 years
Tampa, FL
Harborview Plaza— 10,800 39,136 — 10,040 10,800 49,176 59,976 10,184 —2016
5 - 40 years
Tampa, FL
Research Park V— 4,373 — 801 45,081 5,174 45,081 50,255 15,462 20141998
5 - 30 years
Austin, TX
Continued on next page
Meridian Mark Plaza$— $2,219 $— $— $25,954 $2,219 $25,954 $28,173 $17,922 19971997
5 - 30 years
Atlanta, GA
Miscellaneous Investments— 15,318 69,780 33 2,121 15,351 71,901 87,252 4,797 
Total Operating Properties535,241 628,064 5,303,404 43,661 1,842,887 671,725 7,146,291 7,818,016 1,079,662 
PROJECTS UNDER DEVELOPMENT
Domain 9— 16,640 — — 94,760 16,640 94,760 111,400 — —2018
Austin, TX
Total Projects Under Development— 16,640 — — 94,760 16,640 94,760 111,400 — 
LAND
South End Station— 28,134 — — — 28,134 — 28,134 — —2020
Charlotte, NC
887 West Peachtree (f)— 11,883 — 14,429 — 26,311 — 26,311 — —2019
Atlanta, GA
Legacy Union 2 & 3— 22,724 — — — 22,724 — 22,724 — —2019
Dallas, GA
3354 Peachtree— 13,410 — 8,099 — 21,509 — 21,509 — —2018
Atlanta, GA
Domain 14 & 15— 21,000 — — — 21,000 — 21,000 — —2019
Austin, TX
Tremont— 18,779 — 75 — 18,854 — 18,854 — —2020
Charlotte, NC
Domain Point 3— 11,018 — — — 11,018 — 11,018 — —2020
Austin, TX
Corporate Center (d)— 5,188 — (8)— 5,180 — 5,180 — —2019
Tampa, FL
The Avenue Forsyth -Adjacent Land— 11,240 — (7,540)— 3,700 — 3,700 — —2007
Suburban Atlanta, GA
Total Commercial Land— 143,376 — 15,055 — 158,430 — 158,430 — 
Total Properties$535,241 $788,080 $5,303,404 $58,716 $1,937,647 $846,795 $7,241,051 $8,087,846 $1,079,662 
COUSINS PROPERTIES INCORPORATED AND SUBSIDIARIES
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2022
($ in thousands)
 
NOTES:
(a)Reconciliations of total real estate carrying value and accumulated depreciation as of and for the years ended December 31, 2022, 2021, and 2020 are as follows:
Real EstateAccumulated Depreciation
202220212020202220212020
Balance at beginning of period$7,714,382 $7,370,401 $7,158,069 $874,988 $811,196 $621,617 
Additions during the period:
Acquisitions— 723,694 286,252 — — — 
Improvements and other capitalized costs
436,201 280,823 323,919 — — — 
Depreciation expense— — — 267,411 246,240 234,057 
Total Additions436,201 1,004,517 610,171 267,411 246,240 234,057 
Deductions during the period:
Cost of real estate sold— (552,201)(383,010)— (74,113)(44,478)
Write off of fully depreciated assets(62,737)(108,335)— (62,737)(108,335)— 
Total Deductions(62,737)(660,536)(383,010)(62,737)(182,448)(44,478)
Balance at end of period before impairment charges8,087,846 7,714,382 7,385,230 1,079,662 874,988 811,196 
Cumulative impairment charges on real estate assets owned at end of period— — (14,829)— — — 
Balance at end of period$8,087,846 $7,714,382 $7,370,401 $1,079,662 $874,988 $811,196 
(b)The aggregate cost for federal income tax purposes, net of depreciation, was $5.6 billion (unaudited) at December 31, 2022.
(c)Buildings and improvements are depreciated over 30 to 40 years. Leasehold improvements and other capitalized leasing costs are depreciated over the life of the asset or the term of the lease, whichever is shorter.
(d)Some or all of the land at these properties is controlled under an operating ground lease. The Company's Land and Improvements assets are reduced over time by the amortization of the right-of-use assets related to these ground leases.
(e)Promenade Central is in the final states of redevelopment and is expected to be substantially complete in 2023.
(f)Some or all of the land at these properties is controlled under a financing ground lease.