Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2012

Schedule III - Real Estate and Accumulated Depreciation

SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2012


			Initial cost to company				Cost capitalized subsequent to acquisition		Gross amount at which carried at close of period								Life on which depreciation in latest income statement is computed
Description (All Restaurants)	Encumbrances		Land & land improvements		Building & Improvements		Carrying costs		Land, buildings & improvements Total		Accumulated depreciation		Date of construction		Date acquired
Rancho California, CA	$	—	$	384,400	$	257,807	$	—	$	642,207	$	234,134		1986		1986	20 (LI), 35 (BI)
Vista, CA		—		512,130		343,471		—		855,601		311,923		1987		1987	20 (LI), 35 (BI)
Perris, CA		—		437,522		293,434		—		730,956		266,484		1987		1987	20 (LI), 35 (BI)
Upland, CA		—		281,827		189,014		—		470,841		171,648		1987		1987	20 (LI), 35 (BI)
Walnut, CA		—		340,848		228,597		—		569,445		207,597		1988		1988	20 (LI), 35 (BI)
Los Angeles, CA		—		674,283		452,223		—		1,126,506		410,688		1988		1988	20 (LI), 35 (BI)
Chatsworth, CA		—		642,475		430,890		—		1,073,365		391,322		1989		1989	20 (LI), 35 (BI)
Victorville, CA		—		505,398		338,957		—		844,355		307,831		1989		1989	20 (LI), 35 (BI)

	$	—	$	3,778,883	$	2,534,393	$	—	$	6,313,276	$	2,301,627


	Restaurants			Accumulated Depreciation
Balances at December 31, 2009	$	7,360,925		$	2,401,977
Additions		—			112,737
Retirements		—			—

Balances at December 31, 2010		7,360,925			2,514,714
Additions		—			76,406
Retirements		(1,047,649	)		(361,905	)

Balances at December 31, 2011		6,313,276			2,229,215
Additions		—			72,412
Retirements		—			—

Balances at December 31, 2012	$	6,313,276		$	2,301,627

The aggregate cost basis of Del Taco Restaurant Properties III real estate assets for Federal income tax purposes was $6,313,276 at December 31, 2012.

- Definition

The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed.

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