EX-13.2 10 a2041867zex-13_2.txt PROPERTY LIST EXHIBIT 13.2 CORPORATE OFFICE PROPERTIES TRUST SCHEDULE III - REAL ESTATE DEPRECIATION AND AMORTIZATION DECEMBER 31, 2000 (DOLLARS IN THOUSANDS)
Initial Cost ------------------------ Costs Building Capitalized and Land Subsequent to Property Location Building Type Encumbrances Land Improvements Acquisition ------------------------------- ---------------------- ------------- ------------ -------- -------------- ------------- 751, 753 760, 785 Jolly Road Blue Bell, PA Office 66,232 22,360 88,385 94 2730 Hercules Road Annapolis Junction, MD Office 26,108 7,897 31,588 - 695 Route 46 Fairfield, NJ Office 10,399 3,730 14,919 2,583 431 Ridge Road Dayton, NJ Office 8,351 2,782 11,128 6,799 7200 Riverwood Drive Columbia, MD Office 11,491 4,075 16,300 - 6009 - 6011 Oxon Hill Road Oxon Hill, MD Office 10,170 3,432 13,728 901 6950 Columbia Gateway Drive Columbia, MD Office 11,760 3,586 14,228 19 9690 Deereco Road Timonium, MD Office 10,373 3,416 13,664 554 132 National Business Parkway Annapolis Junction, MD Office 9,019 2,917 12,171 2 221 National Business Parkway Annapolis Junction, MD Office 9,978 2,953 12,113 - 429 Ridge Road Dayton, NJ Office 8,794 2,930 11,719 331 1306 Concourse Drive Linthicum, MD Office 8,618 2,790 11,160 85 6940 Columbia Gateway Drive Columbia, MD Office 10,010 3,543 9,926 49 375 W. Padonia Road Timonium, MD Office 7,873 2,593 10,370 13 133 National Business Parkway Annapolis Junction, MD Office 8,315 2,515 10,060 230 6750 Alexander Bell Drive Columbia, MD Office 6,350 1,263 11,342 - 135 National Business Parkway Annapolis Junction, MD Office 8,034 2,477 9,720 61 141 National Business Parkway Annapolis Junction, MD Office 7,920 2,396 9,583 112 134 National Business Parkway Annapolis Junction, MD Office 7,587 3,683 7,523 8 1615 and 1629 Thames Street Baltimore, MD Office 6,313 2,079 8,315 701 710 Route 46 Fairfield, NJ Office 6,047 2,151 8,605 275 1302 Concourse Drive Linthicum, MD Office 6,090 2,074 8,294 261 2605 Interstate Drive Harrisburg, PA Office 6,241 2,089 8,355 91 900 Elkridge Landing Road Linthicum, MD Office 7,146 1,991 7,963 241 2601 Market Place Harrisburg, PA Office 5,802 1,928 7,713 201 131 National Business Parkway Annapolis Junction, MD Office 6,296 1,904 7,617 279 999 Corporate Boulevard Linthicum, MD Office 7,974 1,186 7,689 - 68 Culver Road Dayton, NJ Office 4,843 860 7,606 1 7467 Ridge Road Hanover, MD Office 4,711 1,624 6,498 296 1199 Winterson Road Linthicum, MD Office 4,745 1,597 6,389 144 19 Commerce Cranbury, NJ Office 7,000 1,565 5,172 1,094 14502 Greenview Drive Laurel, MD Office 4,872 1,480 5,894 445 6740 Alexander Bell Drive Columbia, MD Office 4,802 1,419 5,678 487 7240 Parkway Dr Hanover, MD Office 4,533 1,493 5,971 118 14504 Greenview Drive Laurel, MD Office 4,721 1,428 5,712 244 1190 Winterson Road Linthicum, MD Office 4,788 1,334 5,334 554 1099 Winterson Road Linthicum, MD Office 6,900 1,322 5,287 597 849 International Drive Linthicum, MD Office 5,732 1,352 5,412 401 9140 Route 108 Columbia, MD Office 4,500 1,640 5,509 - 1304 Concourse Drive(1) Linthicum, MD Office 1,626 1,998 4,998 - 6716 Alexander Bell Drive Columbia, MD Office 4,189 1,238 4,953 618 6731 Columbia Gateway(1) Columbia, MD Office - 3,948 2,839 - 6345 Flank Drive Harrisburg, PA Office 4,498 1,320 5,254 133 104 Interchange Plaza Cranbury, NJ Office 3,447 1,323 5,293 41 911 Elkridge Landing Road Linthicum, MD Office 4,358 1,214 4,856 574 8815 Centre Park Drive Columbia, MD Office 4,135 1,251 5,003 278 1201 Winterson Road Linthicum, MD Office 4,620 1,287 5,149 20 6340 Flank Drive Harrisburg, PA Office 4,330 1,271 5,058 48 Gross Amounts Carried at Close Accumulated Year Built or Date Depreciation of Period Depreciation Renovated Acquired Life ---------------- ------------- ------------- ---------- ------------ 110,839 7,103 1966/1996 10/14/97 40 Years 39,485 1,776 1990 9/28/98 40 Years 21,232 1,303 1990 5/28/98 40 Years 20,709 1,306 1958/1998 10/14/97 40 Years 20,375 900 1986 10/13/98 40 Years 18,061 975 1990 9/28/98 40 Years 17,833 776 1998 10/21/98 40 Years 17,634 390 1988 12/21/99 40 Years 15,090 143 2000 5/28/99 40 Years 15,066 12 2000 10/21/99 40 Years 14,979 977 1966/1996 10/14/97 40 Years 14,035 323 1990 11/18/99 40 Years 13,518 302 1999 11/13/98 40 Years 12,976 260 1986 12/21/99 40 Years 12,805 651 1997 9/28/98 40 Years 12,605 - (1) 12/31/98 40 Years 12,258 505 1998 12/30/98 40 Years 12,091 574 1990 9/28/98 40 Years 11,214 279 1999 11/13/98 40 Years 11,095 535 1989 9/28/98 40 Years 11,031 579 1985 5/28/98 40 Years 10,629 300 1996 11/18/99 40 Years 10,535 694 1990 10/14/97 40 Years 10,195 630 1982 4/30/98 40 Years 9,842 634 1989 10/14/97 40 Years 9,800 509 1990 9/28/98 40 Years 8,875 102 (1) 8/1/99 40 Years 8,467 96 (1) 7/9/99 40 Years 8,418 347 1990 4/28/99 40 Years 8,130 434 1988 4/30/98 40 Years 7,831 307 1989 10/30/98 40 Years 7,820 409 1988 9/28/98 40 Years 7,584 409 1992 12/31/98 40 Years 7,582 104 1985 4/18/00 40 Years 7,384 365 1985 9/28/98 40 Years 7,222 402 1987 4/30/98 40 Years 7,206 429 1988 4/30/98 40 Years 7,165 300 1988 2/23/99 40 Years 7,149 - 1974/1985 12/14/00 40 Years 6,996 - (1) 11/18/99 40 Years 6,810 287 1990 12/31/98 40 Years 6,787 - (1) 3/29/00 40 Years 6,708 174 1989 12/3/99 40 Years 6,657 288 1990 10/30/98 40 Years 6,644 448 1985 4/30/98 40 Years 6,531 310 1987 9/28/98 40 Years 6,456 345 1985 4/30/98 40 Years 6,377 138 1988 12/3/99 40 Years
Initial Cost ------------------------ Costs Building Capitalized and Land Subsequent to Property Location Building Type Encumbrances Land Improvements Acquisition ------------------------------- ---------------------- ------------- ------------ -------- -------------- ------------- 4301 Route 1 Monmouth Junction, NJ Office 4,079 1,208 4,832 330 101 Interchange Plaza Cranbury, NJ Office 2,643 1,155 4,647 487 5035 Ritter Road Harrisburg, PA Office 3,793 1,113 4,430 16 6400 Flank Drive Harrisburg, PA Office 3,714 1,090 4,339 25 881 Elkridge Landing Road Linthicum, MD Office 3,709 1,033 4,133 132 900 International Drive Linthicum, MD Office 3,633 1,012 4,049 185 921 Elkridge Landing Road Linthicum, MD Office 3,744 1,043 4,172 20 7321 Parkway Drive Hanover, MD Office 2,470 937 3,748 376 7318 Parkway Drive Hanover, MD Office 2,413 969 3,876 91 930 International Drive Linthicum, MD Office 3,516 980 3,918 37 939 Elkridge Landing Road Linthicum, MD Office 3,367 938 3,752 207 6360 Flank Drive Harrisburg, PA Office 3,095 909 3,615 125 6760 Alexander Bell Drive Columbia, MD Office 3,002 887 3,549 103 1340 Ashton Road Hanover, MD Office 2,126 902 3,609 1 6711 Columbia Gateway(1) Columbia, MD Office 2,000 3,970 288 - 6385 Flank Drive Harrisburg, PA Office 2,429 811 3,242 9 800 International Drive Linthicum, MD Office 2,778 774 3,096 78 47 Commerce Cranbury, NJ Office 1,954 753 3,013 1 1334 Ashton Road Hanover, MD Office 2,126 734 2,937 10 437 Ridge Road Dayton, NJ Office 2,151 717 2,866 28 6405 Flank Drive Harrisburg, PA Office 2,228 654 2,603 6 5070 Ritter Road-Bldg A Harrisburg, PA Office 1,981 582 2,314 210 1331 Ashton Road Hanover, MD Office 1,666 585 2,340 - 6380 Flank Drive Harrisburg, PA Office 2,003 588 2,340 (5) 5070 Ritter Road-Bldg B Harrisburg, PA Office 1,733 509 2,025 36 7 Centre Drive Cranbury, NJ Office 1,149 468 1,873 87 2 Centre Drive Cranbury, NJ Office 1,436 478 1,914 - 95 Shannon Road Harrisburg, PA Office 1,572 472 1,891 3 75 Shannon Road Harrisburg, PA Office 1,496 450 1,799 87 8 Centre Drive Cranbury, NJ Office 1,264 387 1,547 85 1350 Dorsey Road Hanover, MD Office 1,264 392 1,568 56 1344 Ashton Road Hanover, MD Office 1,092 354 1,417 1 6375 Flank Drive Harrisburg, PA Office - 191 1,571 - 1341 Ashton Road Hanover, MD Office 718 305 1,220 78 85 Shannon Road Harrisburg, PA Office 920 277 1,109 3 1343 Ashton Road Hanover, MD Office 718 193 772 - 102 Interchange Plaza(1) Cranbury, NJ Office - 641 178 - 1337 Ashton Road(2) Hanover, MD Office - 400 206 - 114 National Business Parkway(1) Annapolis Junction, MD Retail - 364 164 - Investment in Joint Ventures Annapolis Junction, MD Office - - 358 - Furniture, Fixtures and Equipment Various N/A - - - 345 1338 Ashton Road Hanover, MD Ground Lease 201 50 - - 136 National Business Parkway(2) Annapolis Junction, MD Office - - 9 - -------- -------- -------- ------- $472,824 $158,978 $599,368 $23,240 ======== ======== ======== ======= Gross Amounts Carried at Close Accumulated Year Built or Date Depreciation of Period Depreciation Renovated Acquired Life ---------------- ------------- ------------- ---------- ------------ 6,370 300 1986 6/24/99 40 Years 6,289 310 1985 10/30/98 40 Years 5,560 121 1988 12/3/99 40 Years 5,454 118 1992 12/3/99 40 Years 5,298 284 1986 4/30/98 40 Years 5,246 275 1986 4/30/98 40 Years 5,235 279 1983 4/30/98 40 Years 5,061 208 1984 4/16/99 40 Years 4,936 171 1984 4/16/99 40 Years 4,935 263 1986 4/30/98 40 Years 4,897 269 1983 4/30/98 40 Years 4,649 109 1988 12/3/99 40 Years 4,540 179 1991 12/31/98 40 Years 4,512 150 1989 4/28/99 40 Years 4,257 - (1) 9/28/00 40 Years 4,062 260 1995 10/14/97 40 Years 3,948 228 1988 4/30/98 40 Years 3,767 163 1992/1998 10/30/98 40 Years 3,681 128 1989 4/28/99 40 Years 3,611 233 1962/1996 10/14/97 40 Years 3,263 71 1991 12/3/99 40 Years 3,106 96 1989 12/3/99 40 Years 2,925 98 1989 4/28/99 40 Years 2,922 64 1991 12/3/99 40 Years 2,570 56 1989 12/3/99 40 Years 2,428 128 1989 10/30/98 40 Years 2,392 103 1989 10/30/98 40 Years 2,367 67 1995 8/12/99 40 Years 2,336 66 1995 8/12/99 40 Years 2,019 84 1986 10/30/98 40 Years 2,016 65 1989 4/28/99 40 Years 1,772 59 1989 4/28/99 40 Years 1,762 5 (1) 11/4/99 40 Years 1,603 61 1989 4/28/99 40 Years 1,389 39 1995 8/12/99 40 Years 964 32 1989 4/28/99 40 Years 818 - (1) N/A 40 Years 606 - (2) 4/28/99 40 Years 527 - (1) 6/30/00 40 Years 358 N/A Various 40 Years 345 196 N/A Various 3-5 Years 50 - N/A 4/28/99 40 Years 9 - (1) N/A 40 Years -------- ------- $781,586 $33,468 ======== =======
(1) Under construction at December 31, 2000. (2) Held for future development December 31, 2000. The following table summarizes our changes in cost of properties (in thousands): Balance at December 31, 1999 $714,768 Property acquisitions 24,245 Building and land improvements 54,373 Sales (11,800) -------- Balance at December 31, 2000 $781,586 ========
The following table summarizes our changes in accumulated depreciation (in thousands): Balance at December 31, 1999 $ 18,279 Depreciation expense 15,984 Sales (795) -------- Balance at December 31, 2000 $ 33,468 ========