Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2012

Real Estate and Accumulated Depreciation

DEL TACO INCOME PROPERTIES IV

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
Placentia, CA	$	—	$	465,933	$	485,961	$	—	$	951,894	$	455,097		1988		1988	20(LI), 35(BI)
Lake Elsinore, CA		—		449,058		468,361		—		917,419		438,616		1989		1989	20(LI), 35(BI)
San Bernardino, CA		—		321,709		335,538		—		657,247		314,209		1989		1989	20(LI), 35(BI)

	$	—	$	1,236,700	$	1,289,860	$	—	$	2,526,560	$	1,207,922


	Restaurants		Accumulated Depreciation
Balances at December 31, 2009	$	2,526,560	$	1,096,753
Additions		—		37,465
Retirements		—		—

Balances at December 31, 2010		2,526,560		1,134,218
Additions		—		36,852
Retirements		—		—

Balances at December 31, 2011		2,526,560		1,171,070
Additions		—		36,852
Retirements		—		—

Balances at December 31, 2012	$	2,526,560	$	1,207,922

The aggregate cost basis of Del Taco Income Properties IV real estate assets for Federal income tax purposes was $2,526,560 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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