Schedule III - Consolidated Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Consolidated Real Estate and Accumulated Depreciation

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
101 7th Avenue	$	48,340		34,895		(57,260	)		15,378		10,597		25,975		(1,282	)		24,693		—
1175 Third Avenue		40,560		25,617		1			40,560		25,618		66,178		(3,614	)		62,564		—
1225-1239 Second Ave		23,033		17,173		(33	)		23,033		17,140		40,173		(2,578	)		37,595		—
200 Potrero		4,860		2,251		135			4,860		2,386		7,246		(365	)		6,881		—
22 Crescent Road		2,198		272		(318	)		2,152		—		2,152		—			2,152		—
4S Commons Town Center		30,760		35,830		1,384			30,812		37,162		67,974		(28,917	)		39,057		(82,531	)
6401 Roosevelt		2,685		934		14			2,685		948		3,633		(60	)		3,573		—
90 - 30 Metropolitan Avenue		16,614		24,171		141			16,614		24,312		40,926		(3,549	)		37,377		—
91 Danbury Road		732		851		—			732		851		1,583		(173	)		1,410		—
Alafaya Village		3,004		5,852		280			3,004		6,132		9,136		(1,029	)		8,107		—
Alden Bridge		17,014		21,958		161			17,014		22,119		39,133		(431	)		38,702		(26,000	)
Amerige Heights Town Center		10,109		11,288		890			10,109		12,178		22,287		(5,971	)		16,316		—
Anastasia Plaza		9,065		—		813			3,338		6,540		9,878		(3,344	)		6,534		—
Ashford Place		2,584		9,865		1,304			2,584		11,169		13,753		(8,837	)		4,916		—
Atlantic Village		4,282		18,827		1,908			4,830		20,187		25,017		(4,238	)		20,779		—
Aventura Shopping Center		2,751		10,459		10,955			9,486		14,679		24,165		(3,599	)		20,566		—
Aventura Square		88,098		20,771		1,785			89,657		20,997		110,654		(3,788	)		106,866		(3,639	)
Balboa Mesa Shopping Center		23,074		33,838		14,049			27,758		43,203		70,961		(17,856	)		53,105		—
Banco Popular Building		2,160		1,137		(1,294	)		2,003		—		2,003		—			2,003		—
Belleview Square		8,132		9,756		3,799			8,323		13,364		21,687		(9,627	)		12,060		—
Belmont Chase		13,881		17,193		(491	)		14,372		16,211		30,583		(6,974	)		23,609		—
Berkshire Commons		2,295		9,551		2,952			2,965		11,833		14,798		(9,060	)		5,738		—
Bethany Park Place		4,832		12,405		21			4,832		12,426		17,258		(250	)		17,008		(10,200	)
Bird 107 Plaza		10,371		5,136		(25	)		10,371		5,111		15,482		(1,046	)		14,436		—
Bird Ludlam		42,663		38,481		821			42,663		39,302		81,965		(6,808	)		75,157		—
Black Rock		22,251		20,815		435			22,251		21,250		43,501		(6,116	)		37,385		(19,029	)
Blakeney Shopping Center		82,411		89,165		—			82,411		89,165		171,576		(374	)		171,202		—
Bloomingdale Square		3,940		14,912		20,772			8,639		30,985		39,624		(10,976	)		28,648		—
Blossom Valley		31,988		5,850		156			31,988		6,006		37,994		(143	)		37,851		(22,300	)
Boca Village Square		43,888		9,726		88			43,888		9,814		53,702		(2,421	)		51,281		—
Boulevard Center		3,659		10,787		2,974			3,659		13,761		17,420		(8,681	)		8,739		—
Boynton Lakes Plaza		2,628		11,236		5,028			3,606		15,286		18,892		(9,033	)		9,859		—
Boynton Plaza		12,879		20,713		200			12,879		20,913		33,792		(3,850	)		29,942		—
Brentwood Plaza		2,788		3,473		356			2,788		3,829		6,617		(1,786	)		4,831		—
Briarcliff La Vista		694		3,292		595			694		3,887		4,581		(3,284	)		1,297		—
Briarcliff Village		4,597		24,836		5,471			4,597		30,307		34,904		(21,404	)		13,500		—
Brick Walk		25,299		41,995		1,796			25,299		43,791		69,090		(10,824	)		58,266		(31,763	)
BridgeMill Market		7,521		13,306		890			7,522		14,195		21,717		(3,138	)		18,579		—
Bridgeton		3,033		8,137		623			3,067		8,726		11,793		(3,491	)		8,302		—
Brighten Park		3,983		18,687		11,439			4,234		29,875		34,109		(20,513	)		13,596		—
Broadway Plaza		40,723		42,170		2,089			40,723		44,259		84,982		(7,387	)		77,595		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Brooklyn Station on Riverside		7,019		8,688		267			6,998		8,976		15,974		(2,652	)		13,322		—
Brookside Plaza		35,161		17,494		5,401			36,163		21,893		58,056		(4,750	)		53,306		—
Buckhead Court		1,417		7,432		4,496			1,417		11,928		13,345		(9,204	)		4,141		—
Buckhead Landing (fka Piedmont Peachtree Crossing)		45,502		16,642		57			45,502		16,699		62,201		(3,126	)		59,075		—
Buckhead Station		70,411		36,518		3,025			70,448		39,506		109,954		(8,436	)		101,518		—
Buckley Square		2,970		5,978		1,515			2,970		7,493		10,463		(4,916	)		5,547		—
Caligo Crossing		2,459		4,897		157			2,546		4,967		7,513		(3,700	)		3,813		—
Cambridge Square		774		4,347		507			774		4,854		5,628		(3,314	)		2,314		—
Carmel Commons		2,466		12,548		5,145			3,422		16,737		20,159		(11,596	)		8,563		—
Carriage Gate		833		4,974		3,407			1,302		7,912		9,214		(7,161	)		2,053		—
Carytown Exchange		23,587		12,523		(55	)		23,587		12,468		36,055		(1,191	)		34,864		—
Cashmere Corners		3,187		9,397		390			3,187		9,787		12,974		(2,186	)		10,788		—
Centerplace of Greeley III		6,661		11,502		1,448			5,694		13,917		19,611		(6,728	)		12,883		—
Charlotte Square		1,141		6,845		1,271			1,141		8,116		9,257		(1,919	)		7,338		—
Chasewood Plaza		4,612		20,829		5,750			6,886		24,305		31,191		(20,052	)		11,139		—
Chastain Square		30,074		12,644		2,120			30,074		14,764		44,838		(3,712	)		41,126		—
Cherry Grove		3,533		15,862		4,904			3,533		20,766		24,299		(12,892	)		11,407		—
Chimney Rock		23,623		48,200		433			23,623		48,633		72,256		(12,339	)		59,917		—
Circle Center West		22,930		9,028		(46	)		22,930		8,982		31,912		(1,784	)		30,128		—
Circle Marina Center		29,303		18,437		99			29,303		18,536		47,839		(1,562	)		46,277		(24,000	)
CityLine Market		12,208		15,839		273			12,306		16,014		28,320		(4,818	)		23,502		—
CityLine Market Phase II		2,744		3,081		5			2,744		3,086		5,830		(868	)		4,962		—
Clayton Valley Shopping Center		24,189		35,422		3,113			24,538		38,186		62,724		(29,202	)		33,522		—
Clocktower Plaza Shopping Ctr		49,630		19,624		672			49,630		20,296		69,926		(3,530	)		66,396		—
Clybourn Commons		15,056		5,594		275			15,056		5,869		20,925		(1,799	)		19,126		—
Cochran's Crossing		13,154		12,315		2,306			13,154		14,621		27,775		(11,082	)		16,693		—
Compo Acres Shopping Center		28,627		10,395		898			28,627		11,293		39,920		(1,900	)		38,020		—
Concord Shopping Plaza		30,819		36,506		1,562			31,272		37,615		68,887		(6,113	)		62,774		—
Copps Hill Plaza		29,515		40,673		659			29,514		41,333		70,847		(7,514	)		63,333		(10,145	)
Coral Reef Shopping Center		14,922		15,200		2,435			15,332		17,225		32,557		(3,231	)		29,326		—
Corkscrew Village		8,407		8,004		662			8,407		8,666		17,073		(4,181	)		12,892		—
Cornerstone Square		1,772		6,944		1,685			1,772		8,629		10,401		(6,578	)		3,823		—
Corvallis Market Center		6,674		12,244		472			6,696		12,694		19,390		(7,353	)		12,037		—
Country Walk Plaza		18,713		20,373		108			18,713		20,481		39,194		(1,459	)		37,735		(16,000	)
Countryside Shops		17,982		35,574		13,613			23,175		43,994		67,169		(9,781	)		57,388		—
Courtyard Shopping Center		5,867		4		3			5,867		7		5,874		(3	)		5,871		—
Culver Center		108,841		32,308		1,229			108,841		33,537		142,378		(6,594	)		135,784		—
Danbury Green		30,303		19,255		661			30,303		19,916		50,219		(3,410	)		46,809		—
Dardenne Crossing		4,194		4,005		704			4,343		4,560		8,903		(2,397	)		6,506		—
Darinor Plaza		693		32,140		942			711		33,064		33,775		(5,901	)		27,874		—
Diablo Plaza		5,300		8,181		2,154			5,300		10,335		15,635		(6,391	)		9,244		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Dunwoody Hall		15,145		12,110		10			15,145		12,120		27,265		(214	)		27,051		(13,800	)
Dunwoody Village		3,342		15,934		5,859			3,342		21,793		25,135		(16,777	)		8,358		—
East Meadow		12,325		21,378		—			12,325		21,378		33,703		—			33,703		—
East Pointe		1,730		7,189		2,257			1,941		9,235		11,176		(6,708	)		4,468		—
Eastport		2,985		5,649		—			2,985		5,649		8,634		—			8,634		—
El Camino Shopping Center		7,600		11,538		13,427			10,328		22,237		32,565		(10,986	)		21,579		—
El Cerrito Plaza		11,025		27,371		2,910			11,025		30,281		41,306		(13,523	)		27,783		—
El Norte Pkwy Plaza		2,834		7,370		3,326			3,263		10,267		13,530		(6,577	)		6,953		—
Encina Grande		5,040		11,572		20,072			10,518		26,166		36,684		(15,129	)		21,555		—
Fairfield Center		6,731		29,420		1,301			6,731		30,721		37,452		(7,380	)		30,072		—
Falcon Marketplace		1,340		4,168		467			1,246		4,729		5,975		(2,943	)		3,032		—
Fellsway Plaza		30,712		7,327		9,825			34,923		12,941		47,864		(7,404	)		40,460		(36,019	)
Fenton Marketplace		2,298		8,510		(7,936	)		512		2,360		2,872		(1,238	)		1,634		—
Fleming Island		3,077		11,587		3,165			3,111		14,718		17,829		(9,274	)		8,555		—
Fountain Square		29,722		29,041		(211	)		29,784		28,768		58,552		(11,224	)		47,328		—
French Valley Village Center		11,924		16,856		376			11,822		17,334		29,156		(14,998	)		14,158		—
Friars Mission Center		6,660		28,021		2,263			6,660		30,284		36,944		(17,698	)		19,246		—
Gardens Square		2,136		8,273		768			2,136		9,041		11,177		(5,750	)		5,427		—
Gateway Shopping Center		52,665		7,134		11,424			55,087		16,136		71,223		(18,453	)		52,770		—
Gelson's Westlake Market Plaza		3,157		11,153		5,986			4,654		15,642		20,296		(9,024	)		11,272		—
Glen Oak Plaza		4,103		12,951		1,051			4,103		14,002		18,105		(5,146	)		12,959		—
Glengary Shoppes		9,120		11,541		1,001			9,120		12,542		21,662		(2,643	)		19,019		—
Glenwood Village		1,194		5,381		406			1,194		5,787		6,981		(4,796	)		2,185		—
Golden Hills Plaza		12,699		18,482		3,692			11,521		23,352		34,873		(11,768	)		23,105		—
Grand Ridge Plaza		24,208		61,033		5,907			24,918		66,230		91,148		(26,597	)		64,551		—
Greenwood Shopping Centre		7,777		24,829		573			7,777		25,402		33,179		(4,915	)		28,264		—
Hammocks Town Center		28,764		25,113		858			28,764		25,971		54,735		(5,131	)		49,604		—
Hancock		8,232		28,260		(13,312	)		4,692		18,488		23,180		(11,618	)		11,562		—
Harpeth Village Fieldstone		2,284		9,443		812			2,284		10,255		12,539		(6,184	)		6,355		—
Hasley Canyon Village		17,630		8,231		16			17,630		8,247		25,877		(167	)		25,710		(16,000	)
Heritage Plaza		12,390		26,097		14,318			12,215		40,590		52,805		(20,644	)		32,161		—
Hershey		7		808		11			7		819		826		(533	)		293		—
Hewlett Crossing I & II		11,850		18,205		781			11,850		18,986		30,836		(2,531	)		28,305		(9,061	)
Hibernia Pavilion		4,929		5,065		236			4,929		5,301		10,230		(3,928	)		6,302		—
Hillcrest Village		1,600		1,909		51			1,600		1,960		3,560		(1,146	)		2,414		—
Hilltop Village		2,995		4,581		4,160			3,104		8,632		11,736		(4,151	)		7,585		—
Hinsdale		5,734		16,709		11,868			8,343		25,968		34,311		(16,004	)		18,307		—
Holly Park		8,975		23,799		2,425			8,828		26,371		35,199		(7,447	)		27,752		—
Howell Mill Village		5,157		14,279		7,361			9,610		17,187		26,797		(7,993	)		18,804		—
Hyde Park		9,809		39,905		7,245			9,809		47,150		56,959		(29,449	)		27,510		—
Indian Springs Center		24,974		25,903		985			25,034		26,828		51,862		(6,963	)		44,899		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Indigo Square		8,087		9,885		(5	)		8,087		9,880		17,967		(1,742	)		16,225		—
Inglewood Plaza		1,300		2,159		921			1,300		3,080		4,380		(1,847	)		2,533		—
Keller Town Center		2,294		12,841		973			2,404		13,704		16,108		(7,838	)		8,270		—
Kirkman Shoppes		9,364		26,243		674			9,367		26,914		36,281		(4,714	)		31,567		—
Kirkwood Commons		6,772		16,224		1,194			6,802		17,388		24,190		(6,130	)		18,060		(6,495	)
Klahanie Shopping Center		14,451		20,089		459			14,451		20,548		34,999		(4,069	)		30,930		—
Kroger New Albany Center		3,844		6,599		1,410			3,844		8,009		11,853		(6,287	)		5,566		—
Lake Mary Centre		24,036		57,476		2,009			24,036		59,485		83,521		(11,835	)		71,686		—
Lake Pine Plaza		2,008		7,632		861			2,029		8,472		10,501		(5,255	)		5,246		—
Lebanon/Legacy Center		3,913		7,874		1,211			3,913		9,085		12,998		(6,773	)		6,225		—
Littleton Square		2,030		8,859		(3,562	)		2,433		4,894		7,327		(2,950	)		4,377		—
Lloyd King Center		1,779		10,060		1,295			1,779		11,355		13,134		(7,154	)		5,980		—
Lower Nazareth Commons		15,992		12,964		4,085			16,343		16,698		33,041		(11,987	)		21,054		—
Mandarin Landing		7,913		27,230		58			7,913		27,288		35,201		(5,035	)		30,166		—
Market at Colonnade Center		6,455		9,839		130			6,160		10,264		16,424		(5,300	)		11,124		—
Market at Preston Forest		4,400		11,445		1,848			4,400		13,293		17,693		(8,073	)		9,620		—
Market at Round Rock		2,000		9,676		6,220			1,996		15,900		17,896		(11,063	)		6,833		—
Market at Springwoods Village		12,592		12,781		8			12,592		12,789		25,381		(3,556	)		21,825		(5,000	)
Marketplace at Briargate		1,706		4,885		234			1,727		5,098		6,825		(3,304	)		3,521		—
Mellody Farm		35,628		66,863		(121	)		35,628		66,742		102,370		(10,679	)		91,691		—
Melrose Market		4,451		10,807		(74	)		4,451		10,733		15,184		(1,560	)		13,624		—
Millhopper Shopping Center		1,073		5,358		5,949			1,901		10,479		12,380		(7,789	)		4,591		—
Mockingbird Commons		3,000		10,728		2,480			3,000		13,208		16,208		(7,947	)		8,261		—
Monument Jackson Creek		2,999		6,765		1,277			2,999		8,042		11,041		(6,178	)		4,863		—
Morningside Plaza		4,300		13,951		971			4,300		14,922		19,222		(9,028	)		10,194		—
Murrayhill Marketplace		2,670		18,401		14,410			2,903		32,578		35,481		(17,422	)		18,059		—
Naples Walk		18,173		13,554		1,933			18,173		15,487		33,660		(7,661	)		25,999		—
Newberry Square		2,412		10,150		1,301			2,412		11,451		13,863		(9,434	)		4,429		—
Newland Center		12,500		10,697		8,700			16,276		15,621		31,897		(10,449	)		21,448		—
Nocatee Town Center		10,124		8,691		8,627			11,045		16,397		27,442		(8,685	)		18,757		—
North Hills		4,900		19,774		1,511			4,900		21,285		26,185		(13,729	)		12,456		—
Northgate Marketplace		5,668		13,727		31			4,995		14,431		19,426		(7,010	)		12,416		—
Northgate Marketplace Ph II		12,189		30,171		133			12,189		30,304		42,493		(7,648	)		34,845		—
Northgate Plaza (Maxtown Road)		1,769		6,652		4,967			2,840		10,548		13,388		(6,248	)		7,140		—
Northgate Square		5,011		8,692		1,060			5,011		9,752		14,763		(4,996	)		9,767		—
Northlake Village		2,662		11,284		(307	)		2,662		10,977		13,639		(6,506	)		7,133		—
Oak Shade Town Center		6,591		28,966		702			6,591		29,668		36,259		(11,297	)		24,962		(5,606	)
Oakbrook Plaza		4,000		6,668		5,836			4,766		11,738		16,504		(5,845	)		10,659		—
Oakleaf Commons		3,503		11,671		1,417			3,190		13,401		16,591		(7,787	)		8,804		—
Ocala Corners		1,816		10,515		588			1,816		11,103		12,919		(5,226	)		7,693		—
Old St Augustine Plaza		2,368		11,405		13,510			3,455		23,828		27,283		(10,555	)		16,728		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Pablo Plaza		11,894		21,407		9,731			13,340		29,692		43,032		(5,895	)		37,137		—
Paces Ferry Plaza		2,812		12,639		21,007			13,803		22,655		36,458		(12,460	)		23,998		—
Panther Creek		14,414		14,748		5,922			15,212		19,872		35,084		(14,998	)		20,086		—
Pavillion		15,626		22,124		1,068			15,626		23,192		38,818		(4,931	)		33,887		—
Peartree Village		5,197		19,746		890			5,197		20,636		25,833		(14,041	)		11,792		—
Persimmon Place		25,975		38,114		(59	)		26,692		37,338		64,030		(13,703	)		50,327		—
Pike Creek		5,153		20,652		2,887			5,251		23,441		28,692		(14,576	)		14,116		—
Pine Island		21,086		28,123		3,513			21,086		31,636		52,722		(7,463	)		45,259		—
Pine Lake Village		6,300		10,991		1,683			6,300		12,674		18,974		(7,580	)		11,394		—
Pine Ridge Square		13,951		23,147		490			13,951		23,637		37,588		(4,605	)		32,983		—
Pine Tree Plaza		668		6,220		896			668		7,116		7,784		(4,226	)		3,558		—
Pinecrest Place		4,193		13,275		(225	)		3,992		13,251		17,243		(2,307	)		14,936		—
Plaza Escuela		24,829		104,395		1,401			24,829		105,796		130,625		(14,023	)		116,602		—
Plaza Hermosa		4,200		10,109		3,633			4,202		13,740		17,942		(8,176	)		9,766		—
Point 50		15,239		11,367		(725	)		14,602		11,279		25,881		(700	)		25,181		—
Point Royale Shopping Center		18,201		14,889		6,607			19,386		20,311		39,697		(5,327	)		34,370		—
Post Road Plaza		15,240		5,196		153			15,240		5,349		20,589		(993	)		19,596		—
Potrero Center		133,422		116,758		(87,981	)		85,205		76,994		162,199		(11,126	)		151,073		—
Powell Street Plaza		8,248		30,716		3,628			8,248		34,344		42,592		(17,863	)		24,729		—
Powers Ferry Square		3,687		17,965		10,048			5,758		25,942		31,700		(19,814	)		11,886		—
Powers Ferry Village		1,191		4,672		981			1,191		5,653		6,844		(4,380	)		2,464		—
Prairie City Crossing		4,164		13,032		821			4,164		13,853		18,017		(7,381	)		10,636		—
Preston Oaks		763		30,438		(3,199	)		1,423		26,579		28,002		(3,347	)		24,655		—
Prestonbrook		7,069		8,622		1,190			7,069		9,812		16,881		(7,601	)		9,280		—
Prosperity Centre		11,682		26,215		250			11,681		26,466		38,147		(4,665	)		33,482		—
Ralphs Circle Center		20,939		6,317		98			20,939		6,415		27,354		(1,477	)		25,877		—
Red Bank Village		10,336		9,500		1,185			9,755		11,266		21,021		(4,134	)		16,887		—
Regency Commons		3,917		3,616		314			3,917		3,930		7,847		(2,848	)		4,999		—
Regency Square		4,770		25,191		6,797			5,060		31,698		36,758		(25,706	)		11,052		—
Rivertowns Square		15,505		52,505		2,994			16,853		54,151		71,004		(6,386	)		64,618		—
Rona Plaza		1,500		4,917		337			1,500		5,254		6,754		(3,375	)		3,379		—
Roosevelt Square		40,371		32,108		5,040			40,382		37,137		77,519		(4,308	)		73,211		—
Russell Ridge		2,234		6,903		1,593			2,234		8,496		10,730		(5,866	)		4,864		—
Ryanwood Square		10,581		10,044		157			10,573		10,209		20,782		(2,493	)		18,289		—
Salerno Village		1,355		—		—			1,355		—		1,355		(24	)		1,331		—
Sammamish-Highlands		9,300		8,075		8,730			9,592		16,513		26,105		(10,929	)		15,176		—
San Carlos Marketplace		36,006		57,886		415			36,006		58,301		94,307		(8,282	)		86,025		—
San Leandro Plaza		1,300		8,226		998			1,300		9,224		10,524		(5,401	)		5,123		—
Sandy Springs		6,889		28,056		3,777			6,889		31,833		38,722		(10,027	)		28,695		—
Sawgrass Promenade		10,846		12,525		462			10,846		12,987		23,833		(2,733	)		21,100		—
Scripps Ranch Marketplace		59,949		26,334		742			59,949		27,076		87,025		(4,080	)		82,945		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Serramonte Center		390,106		172,652		61,634			414,599		209,793		624,392		(53,682	)		570,710		—
Shaw's at Plymouth		3,968		8,367		—			3,968		8,367		12,335		(1,755	)		10,580		—
Sheridan Plaza		82,260		97,273		10,933			83,231		107,235		190,466		(17,647	)		172,819		—
Sherwood Crossroads		2,731		6,360		1,254			2,731		7,614		10,345		(3,999	)		6,346		—
Shiloh Springs		5,236		11,802		152			5,236		11,954		17,190		(255	)		16,935		—
Shoppes @ 104		11,193		—		2,774			7,078		6,889		13,967		(3,414	)		10,553		—
Shoppes at Homestead		5,420		9,450		2,248			5,420		11,698		17,118		(7,072	)		10,046		—
Shoppes at Lago Mar		8,323		11,347		190			8,323		11,537		19,860		(2,452	)		17,408		—
Shoppes at Sunlake Centre		16,643		15,091		3,047			17,247		17,534		34,781		(3,924	)		30,857		—
Shoppes of Grande Oak		5,091		5,985		616			5,091		6,601		11,692		(5,683	)		6,009		—
Shoppes of Jonathan's Landing		4,474		5,628		444			4,474		6,072		10,546		(1,215	)		9,331		—
Shoppes of Oakbrook		20,538		42,992		172			20,538		43,164		63,702		(7,207	)		56,495		(1,564	)
Shoppes of Silver Lakes		17,529		21,829		702			17,529		22,531		40,060		(4,670	)		35,390		—
Shoppes of Sunset		2,860		1,316		53			2,860		1,369		4,229		(351	)		3,878		—
Shoppes of Sunset II		2,834		715		3			2,834		718		3,552		(233	)		3,319		—
Shops at County Center		9,957		11,296		1,110			9,973		12,390		22,363		(11,028	)		11,335		—
Shops at Erwin Mill		9,082		6,124		392			9,087		6,511		15,598		(3,543	)		12,055		(10,000	)
Shops at John's Creek		1,863		2,014		(50	)		1,501		2,326		3,827		(1,571	)		2,256		—
Shops at Mira Vista		11,691		9,026		180			11,691		9,206		20,897		(2,810	)		18,087		(192	)
Shops at Quail Creek		1,487		7,717		882			1,448		8,638		10,086		(4,428	)		5,658		—
Shops at Saugus		19,201		17,984		105			18,811		18,479		37,290		(12,100	)		25,190		—
Shops at Skylake		84,586		39,342		1,880			85,117		40,691		125,808		(8,989	)		116,819		—
Shops on Main		17,020		27,055		16,102			18,534		41,643		60,177		(14,424	)		45,753		—
Sope Creek Crossing		2,985		12,001		3,445			3,332		15,099		18,431		(9,725	)		8,706		—
South Beach Regional		28,188		53,405		975			28,188		54,380		82,568		(10,337	)		72,231		—
South Point		6,563		7,939		309			6,563		8,248		14,811		(1,706	)		13,105		—
Southbury Green		26,661		34,325		5,725			29,743		36,968		66,711		(6,627	)		60,084		—
Southcenter		1,300		12,750		2,024			1,300		14,774		16,074		(8,981	)		7,093		—
Southpark at Cinco Ranch		18,395		11,306		7,408			21,438		15,671		37,109		(8,254	)		28,855		—
SouthPoint Crossing		4,412		12,235		1,408			4,382		13,673		18,055		(8,015	)		10,040		—
Starke		71		1,683		11			71		1,694		1,765		(900	)		865		—
Star's at Cambridge		31,082		13,520		(1	)		31,082		13,519		44,601		(2,424	)		42,177		—
Star's at Quincy		27,003		9,425		1			27,003		9,426		36,429		(2,388	)		34,041		—
Star's at West Roxbury		21,973		13,386		36			21,973		13,422		35,395		(2,413	)		32,982		—
Sterling Ridge		12,846		12,162		1,037			12,846		13,199		26,045		(10,606	)		15,439		—
Stroh Ranch		4,280		8,189		710			4,280		8,899		13,179		(7,024	)		6,155		—
Suncoast Crossing		9,030		10,764		4,522			13,374		10,942		24,316		(8,390	)		15,926		—
Talega Village Center		22,415		12,054		49			22,415		12,103		34,518		(2,144	)		32,374		—
Tamarac Town Square		12,584		9,221		1,369			12,584		10,590		23,174		(2,323	)		20,851		—
Tanasbourne Market		3,269		10,861		(290	)		3,149		10,691		13,840		(6,320	)		7,520		—
Tassajara Crossing		8,560		15,464		2,057			8,560		17,521		26,081		(10,152	)		15,929		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Tech Ridge Center		12,945		37,169		3,839			13,589		40,364		53,953		(16,109	)		37,844		(2,066	)
The Abbot		72,910		6,086		(5,444	)		72,910		642		73,552		(107	)		73,445		—
The Crossing Clarendon (fka Market Common Clarendon)		154,932		126,328		33,694			157,964		156,990		314,954		(21,897	)		293,057		—
The Field at Commonwealth		30,914		18,053		—			30,915		18,052		48,967		(5,612	)		43,355		—
The Gallery at Westbury Plaza		108,653		216,771		3,082			108,653		219,853		328,506		(34,260	)		294,246		—
The Hub Hillcrest Market		18,773		61,906		5,813			19,611		66,881		86,492		(18,830	)		67,662		—
The Marketplace		10,927		36,052		701			10,927		36,753		47,680		(5,931	)		41,749		—
The Plaza at St. Lucie West		1,718		6,204		(15	)		1,718		6,189		7,907		(1,097	)		6,810		—
The Point at Garden City Park		741		9,764		5,836			2,559		13,782		16,341		(3,686	)		12,655		—
The Pruneyard		112,136		86,918		1,863			112,136		88,781		200,917		(8,060	)		192,857		(2,200	)
The Shops at Hampton Oaks		843		372		85			737		563		1,300		(101	)		1,199		—
The Village at Hunter's Lake		9,666		12,900		6			9,666		12,906		22,572		(1,231	)		21,341		—
The Village at Riverstone		17,179		13,013		(104	)		17,179		12,909		30,088		(2,347	)		27,741		—
Town and Country		4,664		5,207		22			4,664		5,229		9,893		(1,558	)		8,335		—
Town Square		883		8,132		193			883		8,325		9,208		(5,462	)		3,746		—
Treasure Coast Plaza		7,553		21,554		1,024			7,553		22,578		30,131		(4,296	)		25,835		(1,598	)
Tustin Legacy		13,829		23,922		8			13,828		23,931		37,759		(4,988	)		32,771		—
Twin City Plaza		17,245		44,225		2,606			17,263		46,813		64,076		(20,005	)		44,071		—
Twin Peaks		5,200		25,827		9,444			6,067		34,404		40,471		(16,598	)		23,873		—
Unigold Shopping Center		5,490		5,144		6,625			5,561		11,698		17,259		(3,818	)		13,441		—
University Commons		4,070		30,785		529			4,070		31,314		35,384		(7,967	)		27,417		—
Valencia Crossroads		17,921		17,659		1,349			17,921		19,008		36,929		(17,083	)		19,846		—
Valley Stream		13,297		16,241		—			13,297		16,241		29,538		—			29,538		—
Village at La Floresta		13,140		20,559		(341	)		13,156		20,202		33,358		(6,566	)		26,792		—
Village at Lee Airpark		11,099		12,975		3,380			11,803		15,651		27,454		(12,485	)		14,969		—
Village Center		3,885		14,131		9,786			5,480		22,322		27,802		(11,968	)		15,834		—
Von's Circle Center		49,037		22,618		590			49,037		23,208		72,245		(4,333	)		67,912		(5,751	)
Wading River		14,969		18,641		—			14,969		18,641		33,610		—			33,610		—
Walker Center		3,840		7,232		4,240			3,878		11,434		15,312		(8,131	)		7,181		—
Walmart Norwalk		20,394		21,261		9			20,394		21,270		41,664		(4,510	)		37,154		—
Waterstone Plaza		5,498		13,500		62			5,498		13,562		19,060		(2,531	)		16,529		—
Welleby Plaza		1,496		7,787		1,733			1,496		9,520		11,016		(8,532	)		2,484		—
Wellington Town Square		2,041		12,131		2,192			2,597		13,767		16,364		(7,128	)		9,236		—
West Bird Plaza		12,934		18,594		2,430			15,209		18,749		33,958		(1,914	)		32,044		—
West Chester Plaza		1,857		7,572		668			1,857		8,240		10,097		(6,430	)		3,667		—
West Lake Shopping Center		10,561		9,792		162			10,561		9,954		20,515		(2,449	)		18,066		—
West Park Plaza		5,840		5,759		2,478			5,840		8,237		14,077		(4,870	)		9,207		—
Westbard Square		127,859		21,514		(2,052	)		127,569		19,752		147,321		(19,052	)		128,269		—
Westbury Plaza		116,129		51,460		5,073			117,396		55,266		172,662		(10,521	)		162,141		(88,000	)
Westchase		5,302		8,273		1,129			5,302		9,402		14,704		(4,430	)		10,274		—
Westchester Commons		3,366		11,751		10,944			4,894		21,167		26,061		(9,671	)		16,390		—

	Initial Cost							Total Cost									Net Cost
Shopping Centers (1)	Land & Land Improvements		Building & Improvements		Cost Capitalized Subsequent to Acquisition (2)			Land & Land Improvements		Building & Improvements		Total		Accumulated Depreciation			Net of Accumulated Depreciation		Mortgages
Westlake Village Plaza and Center		7,043		27,195		30,201			17,620		46,819		64,439		(30,965	)		33,474		—
Westport Plaza		9,035		7,455		(42	)		9,035		7,413		16,448		(1,623	)		14,825		(1,789	)
Westport Row		43,597		16,428		5,937			45,260		20,702		65,962		(4,278	)		61,684		—
Westwood Village		19,933		25,301		(1,596	)		18,979		24,659		43,638		(16,464	)		27,174		—
Willa Springs		13,322		15,314		7			13,322		15,321		28,643		(240	)		28,403		(16,700	)
Williamsburg at Dunwoody		7,435		3,721		940			7,444		4,652		12,096		(1,248	)		10,848		—
Willow Festival		1,954		56,501		3,384			1,976		59,863		61,839		(20,061	)		41,778		—
Willow Oaks		6,664		7,908		(359	)		6,294		7,919		14,213		(3,049	)		11,164		—
Willows Shopping Center		51,964		78,029		1,261			51,992		79,262		131,254		(12,489	)		118,765		—
Woodcroft Shopping Center		1,419		6,284		1,480			1,421		7,762		9,183		(5,289	)		3,894		—
Woodman Van Nuys		5,500		7,195		440			5,500		7,635		13,135		(4,526	)		8,609		—
Woodmen Plaza		7,621		11,018		1,330			7,621		12,348		19,969		(11,665	)		8,304		—
Woodside Central		3,500		9,288		639			3,489		9,938		13,427		(5,954	)		7,473		—
Corporate Assets		—		—		1,333			—		1,333		1,333		(1,330	)		3		—
Land held for future development		13,248		—		(4,111	)		9,137		—		9,137		—			9,137		—
Construction in progress		—		—		139,300			—		139,300		139,300		—			139,300		—
	$	4,979,957		5,737,690		777,934			5,024,697		6,470,884		11,495,581		(2,174,963	)		9,320,618		(467,448	)

(1)See Item 2, Properties, for geographic location and year each operating property was acquired.

(2)The negative balance for costs capitalized subsequent to acquisition could include out-parcels sold, provision for loss recorded, and demolition of part of the property for redevelopment.

See accompanying report of independent registered public accounting firm.

Depreciation and amortization of the Company's investment in buildings and improvements reflected in the statements of operations is calculated over the estimated useful lives of the assets, which are up to 40 years. The aggregate cost for federal income tax purposes was approximately $9.2 billion at December 31, 2021.

The changes in total real estate assets for the years ended December 31, 2021, 2020, and 2019 are as follows:

(in thousands)	2021			2020			2019
Beginning balance	$	11,101,858			11,095,294			10,863,162
Acquired properties and land		479,708			39,087			268,366
Developments and improvements		172,012			154,657			193,973
Disposal of building and tenant improvements		(10,898	)		(35,034	)		(34,824	)
Sale of properties		(107,090	)		(95,780	)		(60,195	)
Properties held for sale		(50,873	)		(38,122	)		(58,527	)
Provision for impairment		(89,136	)		(18,244	)		(76,661	)
Ending balance	$	11,495,581			11,101,858			11,095,294

The changes in accumulated depreciation for the years ended December 31, 2021, 2020, and 2019 are as follows:

(in thousands)	2021			2020			2019
Beginning balance	$	1,994,108			1,766,162			1,535,444
Depreciation expense		253,437			278,861			295,638
Disposal of building and tenant improvements		(10,898	)		(35,034	)		(34,824	)
Sale of properties		(28,715	)		(10,812	)		(4,643	)
Accumulated depreciation related to properties held for sale		(28,110	)		(4,357	)		(19,031	)
Provision for impairment		(4,859	)		(712	)		(6,422	)
Ending balance	$	2,174,963			1,994,108			1,766,162

See accompanying report of independent registered public accounting firm.