XML 54 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION
12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Encumbered communities
 
 
 
 
 
 
 
 
 
 
 
 
 
Avondale at Warner Center
446

Woodland Hills, CA
$
41,945

$
10,536

$
24,522

$
22,604

$
10,601

$
47,061

$
57,662

$
(32,368
)
1970
Jan-99
   3-30
Bel Air
462

San Ramon, CA
49,185

12,105

18,252

37,550

12,682

55,225

67,907

(37,019
)
1988
Jan-95
   3-30
Belcarra
296

Bellevue, WA
48,602

21,725

92,091

1,985

21,725

94,076

115,801

(16,327
)
2009
Apr-14
   5-30
BellCentre
248

Bellevue, WA
36,617

16,197

67,207

3,843

16,197

71,050

87,247

(13,018
)
2001
Apr-14
   5-30
Belmont Station
275

Los Angeles, CA
29,678

8,100

66,666

6,379

8,267

72,878

81,145

(28,705
)
2009
Mar-09
   3-30
Brookside Oaks
170

Sunnyvale, CA
17,746

7,301

16,310

26,653

10,328

39,936

50,264

(22,529
)
1973
Jun-00
   3-30
Carmel Creek
348

San Diego, CA
58,875

26,842

107,368

6,069

26,842

113,437

140,279

(21,010
)
2000
Apr-14
   5-30
City View
572

Hayward, CA
62,544

9,883

37,670

29,252

10,350

66,455

76,805

(47,198
)
1975
Mar-98
   3-30
Courtyard off Main
110

Bellevue, WA
14,542

7,465

21,405

3,999

7,465

25,404

32,869

(7,768
)
2000
Oct-10
   3-30
Domaine
92

Seattle, WA
13,446

9,059

27,177

1,173

9,059

28,350

37,409

(6,238
)
2009
Sep-12
   3-30
Elevation
158

Redmond, WA
10,103

4,758

14,285

6,968

4,757

21,254

26,011

(8,650
)
1986
Jun-10
   3-30
Fairhaven Apartments
164

Santa Ana, CA
18,078

2,626

10,485

8,847

2,957

19,001

21,958

(10,794
)
1970
Nov-01
   3-30
Form 15
242

San Diego, CA
44,922

24,510

72,221

5,236

25,540

76,427

101,967

(7,633
)
2014
Mar-16
   3-30
Foster's Landing
490

Foster City, CA
90,117

61,714

144,000

9,004

61,714

153,004

214,718

(28,842
)
1987
Apr-14
   5-30
Fountains at River Oaks
226

San Jose, CA
29,974

26,046

60,773

4,234

26,046

65,007

91,053

(11,960
)
1990
Apr-14
   3-30
Fountain Park
705

Playa Vista, CA
82,571

25,073

94,980

33,057

25,203

127,907

153,110

(70,823
)
2002
Feb-04
   3-30
Hidden Valley
324

Simi Valley, CA
29,360

14,174

34,065

6,184

9,674

44,749

54,423

(21,000
)
2004
Dec-04
   3-30
Highlands at Wynhaven
333

Issaquah, WA
29,540

16,271

48,932

13,850

16,271

62,782

79,053

(24,572
)
2000
Aug-08
   3-30
Highridge
255

Rancho Palos Verdes, CA
69,273

5,419

18,347

31,535

6,073

49,228

55,301

(36,693
)
1972
May-97
   3-30
Hillcrest Park
608

Newbury Park, CA
61,279

15,318

40,601

20,434

15,755

60,598

76,353

(39,954
)
1973
Mar-98
   3-30
Huntington Breakers
342

Huntington Beach, CA
34,397

9,306

22,720

20,818

9,315

43,529

52,844

(29,374
)
1984
Oct-97
   3-30
Inglenook Court
224

Bothell, WA
8,238

3,467

7,881

7,771

3,474

15,645

19,119

(12,667
)
1985
Oct-94
   3-30
1000 Kiely
121

Santa Clara, CA
34,040

9,359

21,845

7,956

9,359

29,801

39,160

(10,654
)
1971
Mar-11
   3-30
Magnolia Square/Magnolia
Lane
(2)
188

Sunnyvale, CA
52,237

8,190

24,736

17,531

8,191

42,266

50,457

(20,951
)
1963
Sep-07
   3-30
Marquis
166

San Jose, CA
43,467

20,495

47,823

117

20,495

47,940

68,435

(151
)
2015
Dec-18
3-30
Montanosa
472

San Diego, CA
60,473

26,697

106,787

5,447

26,697

112,234

138,931

(20,206
)
1990
Apr-14
   5-30
Montebello
248

Kirkland, WA
24,639

13,857

41,575

4,955

13,858

46,529

60,387

(11,718
)
1996
Jul-12
   3-30
Montejo Apartments
124

Garden Grove, CA
12,873

1,925

7,685

3,972

2,194

11,388

13,582

(6,436
)
1974
Nov-01
   3-30
Park Highland
250

Bellevue, WA
25,127

9,391

38,224

12,255

9,391

50,479

59,870

(10,986
)
1993
Apr-14
   5-30
Pinnacle at Fullerton
192

Fullerton, CA
25,320

11,019

45,932

3,377

11,019

49,309

60,328

(9,000
)
2004
Apr-14
   5-30
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Pinnacle on Lake Washington
180

Renton, WA
17,499

7,760

31,041

2,893

7,760

33,934

41,694

(5,993
)
2001
Apr-14
   5-30
Pinnacle at MacArthur Place
253

Santa Ana, CA
36,478

15,810

66,401

4,703

15,810

71,104

86,914

(12,752
)
2002
Apr-14
   5-30
Pinnacle at Otay Ranch I & II
364

Chula Vista, CA
37,272

17,023

68,093

3,691

17,023

71,784

88,807

(13,000
)
2001
Apr-14
   5-30
Pinnacle at Talega
362

San Clemente, CA
41,647

19,292

77,168

2,771

19,292

79,939

99,231

(14,268
)
2002
Apr-14
   5-30
Sage at Cupertino
230

San Jose, CA
51,690

35,719

53,449

3,467

35,719

56,916

92,635

(3,689
)
1971
Mar-17
   3-30
Stevenson Place
200

Fremont, CA
19,840

996

5,582

12,827

1,001

18,404

19,405

(13,221
)
1975
Apr-00
   3-30
Summerhill Park
100

Sunnyvale, CA
12,269

2,654

4,918

11,132

2,656

16,048

18,704

(10,309
)
1988
Sep-88
   3-30
The Audrey at Belltown
137

Seattle, WA
19,767

9,228

36,911

958

9,228

37,869

47,097

(6,618
)
1992
Apr-14
   5-30
The Barkley (3)
161

Anaheim, CA
14,843


8,520

7,001

2,353

13,168

15,521

(8,354
)
1984
Apr-00
   3-30
The Dylan
184

West Hollywood, CA
59,163

19,984

82,286

834

19,990

83,114

103,104

(12,396
)
2015
Mar-15
   3-30
The Huntington
276

Huntington Beach, CA
27,707

10,374

41,495

5,028

10,374

46,523

56,897

(11,692
)
1975
Jun-12
   3-30
The Huxley
187

West Hollywood, CA
53,874

19,362

75,641

1,321

19,371

76,953

96,324

(11,748
)
2014
Mar-15
   3-30
The Landing at Jack London Square
282

Oakland, CA
49,421

33,554

78,292

5,908

33,554

84,200

117,754

(16,132
)
2001
Apr-14
   5-30
The Palms at Laguna Niguel
460

Laguna Niguel, CA
52,887

23,584

94,334

8,094

23,584

102,428

126,012

(18,599
)
1988
Apr-14
   5-30
The Waterford
238

San Jose, CA
29,252

11,808

24,500

15,956

15,165

37,099

52,264

(21,980
)
2000
Jun-00
   3-30
Valley Park
160

Fountain Valley, CA
20,875

3,361

13,420

5,949

3,761

18,969

22,730

(10,761
)
1969
Nov-01
   3-30
Villa Angelina
256

Placentia, CA
27,184

4,498

17,962

7,398

4,962

24,896

29,858

(14,497
)
1970
Nov-01
   3-30
Villa Granada
270

Santa Clara, CA
54,307

38,299

89,365

1,732

38,299

91,097

129,396

(16,216
)
2010
Apr-14
   5-30
Wandering Creek
156

Kent, WA
5,254

1,285

4,980

4,833

1,296

9,802

11,098

(7,521
)
1986
Nov-95
   3-30
Wilshire Promenade
149

Fullerton, CA
16,189

3,118

7,385

9,124

3,797

15,830

19,627

(10,725
)
1992
Jan-97
   3-30
 
13,456

 
$
1,806,626

$
716,537

$
2,264,308

$
478,675

$
726,494

$
2,733,026

$
3,459,520

$
(865,715
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unencumbered Communities
 
 
 
 
 
 
 
 
 
 
 
 
 
Alessio
624

Los Angeles, CA

32,136

128,543

9,979

32,136

138,522

170,658

(25,383
)
2001
Apr-14
   5-30
Allegro
97

Valley Village, CA

5,869

23,977

2,304

5,869

26,281

32,150

(9,394
)
2010
Oct-10
   3-30
Allure at Scripps Ranch
194

San Diego, CA

11,923

47,690

1,394

11,923

49,084

61,007

(8,699
)
2002
Apr-14
   5-30
Alpine Village
301

Alpine, CA

4,967

19,728

8,602

4,982

28,315

33,297

(15,526
)
1971
Dec-02
   3-30
Anavia
250

Anaheim, CA

15,925

63,712

7,985

15,925

71,697

87,622

(19,857
)
2009
Dec-10
   3-30
Annaliese
56

Seattle, WA

4,727

14,229

613

4,726

14,843

19,569

(3,047
)
2009
Jan-13
   3-30
Apex
366

Milpitas, CA

44,240

103,251

3,321

44,240

106,572

150,812

(15,479
)
2014
Aug-14
   3-30
Aqua Marina Del Rey
500

Marina Del Rey, CA

58,442

175,326

13,232

58,442

188,558

247,000

(35,960
)
2001
Apr-14
   5-30
Ascent
90

Kirkland, WA

3,924

11,862

2,014

3,924

13,876

17,800

(3,547
)
1988
Oct-12
   3-30
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Ashton Sherman Village
264

Los Angeles, CA

23,550

93,811

489

23,550

94,300

117,850

(6,777
)
2014
Dec-16
   3-30
Avant
440

Los Angeles, CA

32,379

137,940

1,949

32,379

139,889

172,268

(16,452
)
2014
Jun-15
   3-30
Avenue 64
224

Emeryville, CA

27,235

64,403

14,377

27,235

78,780

106,015

(13,015
)
2007
Apr-14
   5-30
Aviara (4)
166

Mercer Island, WA


49,813

1,063


50,876

50,876

(9,998
)
2013
Apr-14
   5-30
Axis 2300
115

Irvine, CA

5,405

33,585

1,674

5,405

35,259

40,664

(12,341
)
2010
Aug-10
   3-30
Bella Villagio
231

San Jose, CA

17,247

40,343

3,540

17,247

43,883

61,130

(13,122
)
2004
Sep-10
   3-30
Bellerive
63

Los Angeles, CA

5,401

21,803

1,189

5,401

22,992

28,393

(6,962
)
2011
Aug-11
   3-30
Belmont Terrace
71

Belmont, CA

4,446

10,290

6,946

4,473

17,209

21,682

(8,257
)
1974
Oct-06
   3-30
Bennett Lofts
165

San Francisco, CA

21,771

50,800

29,672

28,371

73,872

102,243

(16,319
)
2004
Dec-12
   3-30
Bernardo Crest
216

San Diego, CA

10,802

43,209

3,665

10,802

46,874

57,676

(8,539
)
1988
Apr-14
   5-30
Bonita Cedars
120

Bonita, CA

2,496

9,913

5,160

2,503

15,066

17,569

(7,598
)
1983
Dec-02
   3-30
Boulevard
172

Fremont, CA

3,520

8,182

13,860

3,580

21,982

25,562

(17,002
)
1978
Jan-96
   3-30
Bridle Trails
108

Kirkland, WA

1,500

5,930

6,154

1,531

12,053

13,584

(8,499
)
1986
Oct-97
   3-30
Brighton Ridge
264

Renton, WA

2,623

10,800

5,486

2,656

16,253

18,909

(11,818
)
1986
Dec-96
   3-30
Bristol Commons
188

Sunnyvale, CA

5,278

11,853

9,272

5,293

21,110

26,403

(14,211
)
1989
Jan-95
   3-30
416 on Broadway
115

Glendale, CA

8,557

34,235

2,973

8,557

37,208

45,765

(10,982
)
2009
Dec-10
   3-30
Bunker Hill
456

Los Angeles, CA

11,498

27,871

83,972

11,639

111,702

123,341

(54,527
)
1968
Mar-98
   3-30
Camarillo Oaks
564

Camarillo, CA

10,953

25,254

7,791

11,075

32,923

43,998

(23,428
)
1985
Jul-96
   3-30
Cambridge Park
320

San Diego, CA

18,185

72,739

2,974

18,185

75,713

93,898

(13,776
)
1998
Apr-14
   5-30
Camino Ruiz Square
159

Camarillo, CA

6,871

26,119

1,965

6,931

28,024

34,955

(11,628
)
1990
Dec-06
   3-30
Canyon Oaks
250

San Ramon, CA

19,088

44,473

4,232

19,088

48,705

67,793

(19,542
)
2005
May-07
   3-30
Canyon Pointe
250

Bothell, WA

4,692

18,288

8,142

4,693

26,429

31,122

(14,475
)
1990
Oct-03
   3-30
Capri at Sunny Hills
102

Fullerton, CA

3,337

13,320

9,319

4,048

21,928

25,976

(13,479
)
1961
Sep-01
   3-30
Carmel Landing
356

San Diego, CA

16,725

66,901

7,589

16,725

74,490

91,215

(13,639
)
1989
Apr-14
   5-30
Carmel Summit
246

San Diego, CA

14,968

59,871

3,514

14,968

63,385

78,353

(11,342
)
1989
Apr-14
   5-30
Castle Creek
216

Newcastle, WA

4,149

16,028

4,500

4,833

19,844

24,677

(13,953
)
1998
Dec-98
   3-30
Catalina Gardens
128

Los Angeles, CA

6,714

26,856

1,485

6,714

28,341

35,055

(5,018
)
1987
Apr-14
   5-30
CBC Apartments & The Sweeps
239

Goleta, CA

11,841

45,320

6,556

11,906

51,811

63,717

(24,758
)
1962
Jan-06
   3-30
Cedar Terrace
180

Bellevue, WA

5,543

16,442

7,214

5,652

23,547

29,199

(11,598
)
1984
Jan-05
   3-30
CentrePointe
224

San Diego, CA

3,405

7,743

21,354

3,442

29,060

32,502

(18,300
)
1974
Jun-97
   3-30
Chestnut Street Apartments
96

Santa Cruz, CA

6,582

15,689

1,995

6,582

17,684

24,266

(6,512
)
2002
Jul-08
   3-30
Collins on Pine
76

Seattle, WA

7,276

22,226

328

7,276

22,554

29,830

(3,520
)
2013
May-14
   3-30
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Corbella at Juanita Bay
169

Kirkland, WA

5,801

17,415

3,165

5,801

20,580

26,381

(6,279
)
1978
Nov-10
   3-30
Cortesia
308

Rancho Santa Margarita, CA

13,912

55,649

2,492

13,912

58,141

72,053

(10,430
)
1999
Apr-14
   5-30
Country Villas
180

Oceanside, CA

4,174

16,583

5,074

4,187

21,644

25,831

(11,954
)
1976
Dec-02
   3-30
Crow Canyon
400

San Ramon, CA

37,579

87,685

9,894

37,579

97,579

135,158

(17,605
)
1992
Apr-14
   5-30
Deer Valley
171

San Rafael, CA

21,478

50,116

2,481

21,478

52,597

74,075

(9,580
)
1996
Apr-14
   5-30
Delano
126

Redmond, WA

7,470

22,511

1,330

7,470

23,841

31,311

(5,852
)
2005
Dec-11
   3-30
Devonshire
276

Hemet, CA

3,470

13,786

4,993

3,482

18,767

22,249

(10,271
)
1988
Dec-02
   3-30
Ellington
220

Bellevue, WA

15,066

45,249

3,535

15,066

48,784

63,850

(7,810
)
1994
Jul-14
   3-30
Emerald Pointe
160

Diamond Bar, CA

8,458

33,832

1,869

8,458

35,701

44,159

(6,477
)
1989
Apr-14
   5-30
Emerald Ridge
180

Bellevue, WA

3,449

7,801

5,871

3,449

13,672

17,121

(10,213
)
1987
Nov-94
   3-30
Emerson Valley Village
144

Los Angeles, CA

13,378

53,240

408

13,378

53,648

67,026

(3,861
)
2012
Dec-16
   3-30
Enso
183

San Jose, CA

21,397

71,135

1,490

21,397

72,625

94,022

(7,869
)
2014
Dec-15
   3-30
Esplanade
278

San Jose, CA

18,170

40,086

13,540

18,429

53,367

71,796

(26,905
)
2002
Apr-04
   3-30
Essex Skyline
349

Santa Ana, CA

21,537

146,099

7,313

21,537

153,412

174,949

(35,662
)
2008
Apr-10
   3-30
Evergreen Heights
200

Kirkland, WA

3,566

13,395

6,026

3,649

19,338

22,987

(13,793
)
1990
Jun-97
   3-30
Fairway Apartments at Big Canyon (5) 
74

Newport Beach, CA


7,850

7,923


15,773

15,773

(10,717
)
1972
Jun-99
   3-28
Fairwood Pond
194

Renton, WA

5,296

15,564

3,800

5,297

19,363

24,660

(9,745
)
1997
Oct-04
   3-30
Foothill Commons
394

Bellevue, WA

2,435

9,821

39,812

2,440

49,628

52,068

(42,805
)
1978
Mar-90
   3-30
Foothill Gardens/Twin Creeks
176

San Ramon, CA

5,875

13,992

10,803

5,964

24,706

30,670

(16,790
)
1985
Feb-97
   3-30
Forest View
192

Renton, WA

3,731

14,530

2,843

3,731

17,373

21,104

(9,071
)
1998
Oct-03
   3-30
Fountain Court
320

Seattle, WA

6,702

27,306

12,238

6,585

39,661

46,246

(25,952
)
2000
Mar-00
   3-30
Fourth & U
171

Berkeley, CA

8,879

52,351

3,228

8,879

55,579

64,458

(17,580
)
2010
Apr-10
   3-30
Fox Plaza
445

San Francisco, CA

39,731

92,706

28,996

39,731

121,702

161,433

(27,308
)
1968
Feb-13
   3-30
The Henley I/The Henley II
215

Glendale, CA

6,695

16,753

26,648

6,733

43,363

50,096

(22,504
)
1970
Jun-99
   3-30
Hillsdale Garden
697

San Mateo, CA

22,000

94,681

23,237

22,000

117,918

139,918

(53,970
)
1948
Sep-06
   3-30
Hope Ranch
108

Santa Barbara, CA

4,078

16,877

2,915

4,208

19,662

23,870

(7,931
)
1965
Mar-07
   3-30
Joule
295

Seattle, WA

14,558

69,417

4,872

14,558

74,289

88,847

(24,020
)
2010
Mar-10
   3-30
Kings Road
196

Los Angeles, CA

4,023

9,527

19,171

4,031

28,690

32,721

(15,924
)
1979
Jun-97
   3-30
Lafayette Highlands
150

Lafayette, CA

17,774

41,473

2,773

17,774

44,246

62,020

(7,883
)
1973
Apr-14
   5-30
Lakeshore Landing
308

San Mateo, CA

38,155

89,028

7,166

38,155

96,194

134,349

(18,412
)
1988
Apr-14
   5-30
Laurels at Mill Creek
164

Mill Creek, WA

1,559

6,430

7,228

1,595

13,622

15,217

(9,827
)
1981
Dec-96
   3-30
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Lawrence Station
336

Sunnyvale, CA

45,532

106,735

1,530

45,532

108,265

153,797

(23,222
)
2012
Apr-14
   5-30
Le Parc
140

Santa Clara, CA

3,090

7,421

12,694

3,092

20,113

23,205

(15,581
)
1975
Feb-94
   3-30
Marbrisa
202

Long Beach, CA

4,700

18,605

9,216

4,760

27,761

32,521

(15,568
)
1987
Sep-02
   3-30
Marina City Club (6)
101

Marina Del Rey, CA


28,167

29,030


57,197

57,197

(26,137
)
1971
Jan-04
   3-30
Marina Cove (7)
292

Santa Clara, CA

5,320

16,431

15,312

5,324

31,739

37,063

(24,319
)
1974
Jun-94
   3-30
Mariner's Place
105

Oxnard, CA

1,555

6,103

2,464

1,562

8,560

10,122

(5,668
)
1987
May-00
   3-30
MB 360
360

San Francisco, CA

21,421

114,376

129,017

42,001

222,813

264,814

(31,219
)
2014
Apr-14
   3-30
Mesa Village
133

Clairemont, CA

1,888

7,498

2,336

1,894

9,828

11,722

(5,120
)
1963
Dec-02
   3-30
Mill Creek at Windermere
400

San Ramon, CA

29,551

69,032

5,452

29,551

74,484

104,035

(29,077
)
2005
Sep-07
   3-30
Mio
103

San Jose, CA

11,012

39,982

438

11,012

40,420

51,432

(4,232
)
2015
Jan-16
   3-30
Mirabella
188

Marina Del Rey, CA

6,180

26,673

16,128

6,270

42,711

48,981

(24,505
)
2000
May-00
   3-30
Mira Monte
354

Mira Mesa, CA

7,165

28,459

11,509

7,186

39,947

47,133

(23,737
)
1982
Dec-02
   3-30
Miracle Mile/Marbella
236

Los Angeles, CA

7,791

23,075

14,830

7,886

37,810

45,696

(26,268
)
1988
Aug-97
   3-30
Mission Hills
282

Oceanside, CA

10,099

38,778

7,820

10,167

46,530

56,697

(22,211
)
1984
Jul-05
   3-30
Mission Peaks
453

Fremont, CA

46,499

108,498

6,275

46,499

114,773

161,272

(20,332
)
1995
Apr-14
   5-30
Mission Peaks II
336

Fremont, CA

31,429

73,334

5,549

31,429

78,883

110,312

(14,566
)
1989
Apr-14
   5-30
Montclaire
390

Sunnyvale, CA

4,842

19,776

26,772

4,997

46,393

51,390

(40,215
)
1973
Dec-88
   3-30
Monterey Villas
122

Oxnard, CA

2,349

5,579

6,723

2,424

12,227

14,651

(7,958
)
1974
Jul-97
   3-30
Muse
152

North Hollywood, CA

7,822

33,436

3,201

7,823

36,636

44,459

(12,606
)
2011
Feb-11
   3-30
Museum Park
117

San Jose, CA

13,864

32,348

1,642

13,864

33,990

47,854

(6,180
)
2002
Apr-14
   5-30
Palm Valley
1,098

San Jose, CA

133,802

312,205

8,537

133,802

320,742

454,544

(22,477
)
2008
Jan-17
   3-30
Paragon Apartments
301

Fremont, CA

32,230

77,320

1,553

32,230

78,873

111,103

(11,935
)
2013
Jul-14
   3-30
Park Catalina
90

Los Angeles, CA

4,710

18,839

3,224

4,710

22,063

26,773

(5,926
)
2002
Jun-12
   3-30
Park Hill at Issaquah
245

Issaquah, WA

7,284

21,937

8,668

7,284

30,605

37,889

(14,860
)
1999
Feb-99
   3-30
Park Viridian
320

Anaheim, CA

15,894

63,574

3,302

15,894

66,876

82,770

(12,099
)
2008
Apr-14
   5-30
Park West
126

San Francisco, CA

9,424

21,988

12,288

9,424

34,276

43,700

(9,855
)
1958
Sep-12
   3-30
Parkwood at Mill Creek
240

Mill Creek, WA

10,680

42,722

2,808

10,680

45,530

56,210

(8,402
)
1989
Apr-14
   5-30
Pathways at Bixby Village
296

Long Beach, CA

4,083

16,757

20,936

6,239

35,537

41,776

(30,520
)
1975
Feb-91
   3-30
Piedmont
396

Bellevue, WA

19,848

59,606

11,970

19,848

71,576

91,424

(13,138
)
1969
May-14
   3-30
Pinehurst (8)
28

Ventura, CA


1,711

648


2,359

2,359

(1,359
)
1973
Dec-04
   3-24
Pinnacle Sonata
268

Bothell, WA

14,647

58,586

3,398

14,647

61,984

76,631

(11,047
)
2000
Apr-14
   5-30
Pointe at Cupertino
116

Cupertino, CA

4,505

17,605

12,182

4,505

29,787

34,292

(17,583
)
1963
Aug-98
   3-30
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Radius
264

Redwood City, CA

11,702

152,336

322

11,702

152,658

164,360

(27,287
)
2015
Apr-14
   3-30
Reed Square
100

Sunnyvale, CA

6,873

16,037

8,274

6,873

24,311

31,184

(8,840
)
1970
Jan-12
   3-30
Regency at Encino
75

Encino, CA

3,184

12,737

3,615

3,184

16,352

19,536

(6,157
)
1989
Dec-09
   3-30
Renaissance at Uptown Orange
460

Orange, CA

27,870

111,482

4,959

27,870

116,441

144,311

(20,912
)
2007
Apr-14
   5-30
Reveal
438

Woodland Hills, CA

25,073

121,314

1,462

25,073

122,776

147,849

(17,821
)
2010
Apr-15
   3-30
Salmon Run at Perry Creek
132

Bothell, WA

3,717

11,483

2,502

3,801

13,901

17,702

(8,211
)
2000
Oct-00
   3-30
Sammamish View
153

Bellevue, WA

3,324

7,501

7,056

3,331

14,550

17,881

(12,089
)
1986
Nov-94
   3-30
101 San Fernando
323

San Jose, CA

4,173

58,961

11,773

4,173

70,734

74,907

(23,484
)
2001
Jul-10
   3-30
San Marcos
432

Richmond, CA

15,563

36,204

32,572

22,866

61,473

84,339

(31,117
)
2003
Nov-03
   3-30
Santee Court/Santee Village
238

Los Angeles, CA

9,581

40,317

9,296

9,582

49,612

59,194

(14,575
)
2004
Oct-10
   3-30
Shadow Point
172

Spring Valley, CA

2,812

11,170

3,802

2,820

14,964

17,784

(8,108
)
1983
Dec-02
   3-30
Shadowbrook
418

Redmond, WA

19,292

77,168

5,001

19,292

82,169

101,461

(14,797
)
1986
Apr-14
   5-30
Slater 116
108

Kirkland, WA

7,379

22,138

916

7,379

23,054

30,433

(4,293
)
2013
Sep-13
   3-30
Solstice
280

Sunnyvale, CA

34,444

147,262

5,603

34,444

152,865

187,309

(31,396
)
2014
Apr-14
   5-30
Station Park Green - Phase I
121

San Mateo, CA

14,923

82,552

553

14,924

83,104

98,028

(2,896
)
2018
Mar-18
3-30
Stonehedge Village
196

Bothell, WA

3,167

12,603

7,125

3,201

19,694

22,895

(13,784
)
1986
Oct-97
   3-30
Summit Park
300

San Diego, CA

5,959

23,670

7,507

5,977

31,159

37,136

(16,895
)
1972
Dec-02
   3-30
Taylor 28
197

Seattle, WA

13,915

57,700

2,913

13,915

60,613

74,528

(10,586
)
2008
Apr-14
   5-30
The Avery
121

Los Angeles, CA

6,964

29,922

459

6,964

30,381

37,345

(4,867
)
2014
Mar-14
   3-30
The Bernard
63

Seattle, WA

3,699

11,345

715

3,689

12,070

15,759

(3,068
)
2008
Sep-11
   3-30
The Cairns
99

Seattle, WA

6,937

20,679

1,965

6,939

22,642

29,581

(8,970
)
2006
Jun-07
   3-30
The Commons
264

Campbell, CA

12,555

29,307

8,468

12,556

37,774

50,330

(12,685
)
1973
Jul-10
   3-30
The Elliot at Mukilteo
301

Mukilteo, WA

2,498

10,595

16,549

2,824

26,818

29,642

(19,937
)
1981
Jan-97
   3-30
The Grand
243

Oakland, CA

4,531

89,208

7,131

4,531

96,339

100,870

(34,186
)
2009
Jan-09
   3-30
The Hallie
292

Pasadena, CA

2,202

4,794

54,029

8,385

52,640

61,025

(30,937
)
1972
Apr-97
   3-30
The Lofts at Pinehurst
118

Ventura, CA

1,570

3,912

5,102

1,618

8,966

10,584

(5,728
)
1971
Jun-97
   3-30
The Palisades
192

Bellevue, WA

1,560

6,242

13,055

1,565

19,292

20,857

(16,842
)
1977
May-90
   3-30
The Stuart
188

Pasadena, CA

13,574

54,298

2,321

13,574

56,619

70,193

(10,547
)
2007
Apr-14
   5-30
 The Trails of Redmond
423

Redmond, WA

21,930

87,720

5,006

21,930

92,726

114,656

(16,701
)
1985
Apr-14
   5-30
Tierra Vista
404

Oxnard, CA

13,652

53,336

5,415

13,661

58,742

72,403

(29,836
)
2001
Jan-01
   3-30
Tiffany Court
101

Los Angeles, CA

6,949

27,796

1,687

6,949

29,483

36,432

(5,263
)
1987
Apr-14
   5-30
Trabuco Villas
132

Lake Forest, CA

3,638

8,640

3,643

3,890

12,031

15,921

(8,134
)
1985
Oct-97
   3-30
 
 
 
 
 
 
Costs

 
 
 
 
 
 
 
 
 
 
 
Initial cost
 
capitalized

Gross amount carried at close of period
 
 
 
 
 
 
Apartment

 
 
 
Buildings and

subsequent to

Land and

Buildings and

 
Accumulated

Date of
Date
Lives
Property
Homes

Location
Encumbrance

Land

improvements

acquisition

improvements

improvements

Total (1)

depreciation

construction
acquired
(years)
Via
284

Sunnyvale, CA

22,000

82,270

2,908

22,016

85,162

107,178

(24,816
)
2011
Jul-11
   3-30
Villa Siena
272

Costa Mesa, CA

13,842

55,367

7,249

13,842

62,616

76,458

(11,592
)
1974
Apr-14
   5-30
Village Green
272

La Habra, CA

6,488

36,768

3,826

6,488

40,594

47,082

(7,652
)
1971
Apr-14
   5-30
Vista Belvedere
76

Tiburon, CA

5,573

11,901

8,708

5,573

20,609

26,182

(11,033
)
1963
Aug-04
   3-30
Vox Apartments
58

Seattle, WA

5,545

16,635

271

5,545

16,906

22,451

(2,936
)
2013
Oct-13
   3-30
Walnut Heights
163

Walnut, CA

4,858

19,168

5,383

4,887

24,522

29,409

(12,592
)
1964
Oct-03
   3-30
Wharfside Pointe
155

Seattle, WA

2,245

7,020

12,046

2,258

19,053

21,311

(13,796
)
1990
Jun-94
   3-30
Willow Lake
508

San Jose, CA

43,194

101,030

14,040

43,194

115,070

158,264

(27,006
)
1989
Oct-12
   3-30
5600 Wilshire
284

Los Angeles, CA

30,535

91,604

2,258

30,535

93,862

124,397

(16,636
)
2008
Apr-14
   5-30
Wilshire La Brea
478

Los Angeles, CA

56,932

211,998

10,929

56,932

222,927

279,859

(44,801
)
2014
Apr-14
   5-30
Windsor Ridge
216

Sunnyvale, CA

4,017

10,315

16,659

4,021

26,970

30,991

(21,175
)
1989
Mar-89
   3-30
Woodland Commons
302

Bellevue, WA

2,040

8,727

23,306

2,044

32,029

34,073

(20,855
)
1978
Mar-90
   3-30
Woodside Village
145

Ventura, CA

5,331

21,036

4,179

5,341

25,205

30,546

(12,674
)
1987
Dec-04
   3-30
 
35,592

 
$

$
1,923,612

$
6,604,680

$
1,352,987

$
1,970,554

$
7,910,725

$
9,881,279

$
(2,329,714
)
 
 
 
 
 
 
 
 
 
 Costs
 
 
 
 
 
 
 
 
 
 
 
 Initial cost
 capitalized
 Gross amount carried at close of period
 
 
 
 
 
 Square
 
 
 
 Buildings and
 subsequent
 Land and
 Buildings and
 
 Accumulated
Date of
Date
Lives
Property
 Footage
Location
Encumbrance
 Land
improvements
to acquisition
improvements
improvements
Total(1)
depreciation
construction
acquired
(years)
Other real estate assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Derian Office Building
106,716

Irvine, CA

3,079

12,315

9,908

4,308

20,994

25,302

(14,119
)
1983
Jul-00
    3-30
 
106,716

 
$

$
3,079

$
12,315

$
9,908

$
4,308

$
20,994

$
25,302

$
(14,119
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
1,806,626

$
2,643,228

$
8,881,303

$
1,841,570

$
2,701,356

$
10,664,745

$
13,366,101

$
(3,209,548
)
 
 
 
(1) The aggregate cost for federal income tax purposes is approximately $10.3 billion (unaudited).
(2) A portion of land is leased pursuant to a ground lease expiring 2070.
(3) The land is leased pursuant to a ground lease expiring 2082.
(4) The land is leased pursuant to a ground lease expiring 2070.
(5) The land is leased pursuant to a ground lease expiring 2027.
(6) The land is leased pursuant to a ground lease expiring 2067.
(7) A portion of land is leased pursuant to a ground lease expiring in 2028.
(8) The land is leased pursuant to a ground lease expiring in 2028.

A summary of activity for rental properties and accumulated depreciation is as follows:
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
Rental properties:
 
 
 
 
 
Accumulated depreciation:
 
 
 
 
 
Balance at beginning of year
$
13,362,073

 
$
12,687,722

 
$
12,338,129

Balance at beginning of year
$
2,769,297

 
$
2,311,546

 
$
1,949,892

Acquisition, development, and improvement of real estate
325,986

 
700,892

 
609,669

Depreciation expense
478,721

 
464,043

 
432,165

Disposition of real estate and other
(321,958
)
 
(28,367
)
 
(264,832
)
Depreciation expense - Disposals and other
(38,470
)
 
(6,292
)
 
(70,511
)
Reclassification from other assets and into building and improvements, net

 
1,826

 
4,756

Balance at the end of year
$
3,209,548

 
$
2,769,297

 
$
2,311,546

Balance at the end of year
$
13,366,101

 
$
13,362,073

 
$
12,687,722