SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2019

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
Belmont Station	275	Los Angeles, CA	29,703		8,100		66,666		6,642		8,267		73,141		81,408		(31,302		)	2009	Mar-09	3-30
Brio	300	Walnut Creek, CA	101,540		16,885		151,741		704		16,885		152,445		169,330		(2,972		)	2015	Jun-19	3-30
Brookside Oaks	170	Sunnyvale, CA	17,318		7,301		16,310		27,158		10,328		40,441		50,769		(24,680		)	1973	Jun-00	3-30
City View	572	Hayward, CA	60,841		9,883		37,670		31,487		10,350		68,690		79,040		(50,256		)	1975	Mar-98	3-30
Domaine	92	Seattle, WA	12,845		9,059		27,177		1,296		9,059		28,473		37,532		(7,309		)	2009	Sep-12	3-30
Fairhaven Apartments	164	Santa Ana, CA	17,602		2,626		10,485		9,757		2,957		19,911		22,868		(12,157		)	1970	Nov-01	3-30
Form 15	242	San Diego, CA	43,616		24,510		72,221		8,167		25,540		79,358		104,898		(10,490		)	2014	Mar-16	3-30
Fountain Park	705	Playa Vista, CA	82,639		25,073		94,980		34,339		25,203		129,189		154,392		(74,993		)	2002	Feb-04	3-30
Hidden Valley	324	Simi Valley, CA	29,392		14,174		34,065		7,501		9,674		46,066		55,740		(22,843		)	2004	Dec-04	3-30
Highridge	255	Rancho Palos Verdes, CA	69,309		5,419		18,347		32,286		6,073		49,979		56,052		(39,463		)	1972	May-97	3-30
1000 Kiely	121	Santa Clara, CA	33,260		9,359		21,845		8,294		9,359		30,139		39,498		(12,313		)	1971	Mar-11	3-30
Magnolia Square/Magnolia Lane ⁽²⁾	188	Sunnyvale, CA	52,270		8,190		24,736		18,388		8,191		43,123		51,314		(23,557		)	1963	Sep-07	3-30
Marquis	166	San Jose, CA	43,772		20,495		47,823		46		20,495		47,869		68,364		(1,664		)	2015	Dec-18	3-30
Montanosa	472	San Diego, CA	59,723		26,697		106,787		6,299		26,697		113,086		139,783		(24,590		)	1990	Apr-14	5-30
Montebello	248	Kirkland, WA	23,682		13,857		41,575		5,542		13,858		47,116		60,974		(13,781		)	1996	Jul-12	3-30
Montejo Apartments	124	Garden Grove, CA	12,536		1,925		7,685		4,365		2,194		11,781		13,975		(7,013		)	1974	Nov-01	3-30
Sage at Cupertino	230	San Jose, CA	51,724		35,719		53,449		6,442		35,719		59,891		95,610		(6,349		)	1971	Mar-17	3-30
The Barkley ⁽³⁾	161	Anaheim, CA	14,857		—		8,520		7,440		2,353		13,607		15,960		(9,240		)	1984	Apr-00	3-30
The Dylan	184	West Hollywood, CA	58,854		19,984		82,286		1,202		19,990		83,482		103,472		(15,578		)	2015	Mar-15	3-30
The Huxley	187	West Hollywood, CA	53,589		19,362		75,641		1,385		19,371		77,017		96,388		(14,609		)	2014	Mar-15	3-30
The Waterford	238	San Jose, CA	28,713		11,808		24,500		17,347		15,165		38,490		53,655		(23,732		)	2000	Jun-00	3-30
Township	132	Redwood City, CA	46,087		19,812		70,619		251		19,812		70,870		90,682		(713		)	2014	Sep-19	3-30
Valley Park	160	Fountain Valley, CA	20,327		3,361		13,420		6,186		3,761		19,206		22,967		(11,634		)	1969	Nov-01	3-30
Villa Angelina	256	Placentia, CA	26,468		4,498		17,962		7,744		4,962		25,242		30,204		(15,684		)	1970	Nov-01	3-30
	5,966		$	990,667	$	318,097	$	1,126,510	$	250,268	$	326,263	$	1,368,612	$	1,694,875	$	(456,922	)

Unencumbered Communities
Alessio	624	Los Angeles, CA	—		32,136		128,543		12,865		32,136		141,408		173,544		(31,530		)	2001	Apr-14	5-30
Allegro	97	Valley Village, CA	—		5,869		23,977		2,530		5,869		26,507		32,376		(10,365		)	2010	Oct-10	3-30
Allure at Scripps Ranch	194	San Diego, CA	—		11,923		47,690		1,653		11,923		49,343		61,266		(10,557		)	2002	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)
Alpine Village	301	Alpine, CA	—	4,967	19,728	9,094	4,982	28,807	33,789	(16,958	)	1971	Dec-02	3-30
Anavia	250	Anaheim, CA	—	15,925	63,712	8,796	15,925	72,508	88,433	(22,599	)	2009	Dec-10	3-30
Annaliese	56	Seattle, WA	—	4,727	14,229	701	4,726	14,931	19,657	(3,613	)	2009	Jan-13	3-30
Apex	366	Milpitas, CA	—	44,240	103,251	3,857	44,240	107,108	151,348	(19,343	)	2014	Aug-14	3-30
Aqua Marina Del Rey	500	Marina Del Rey, CA	—	58,442	175,326	14,430	58,442	189,756	248,198	(44,329	)	2001	Apr-14	5-30
Ascent	90	Kirkland, WA	—	3,924	11,862	2,172	3,924	14,034	17,958	(4,169	)	1988	Oct-12	3-30
Ashton Sherman Village	264	Los Angeles, CA	—	23,550	93,811	976	23,550	94,787	118,337	(10,157	)	2014	Dec-16	3-30
Avant	440	Los Angeles, CA	—	32,379	137,940	3,203	32,379	141,143	173,522	(21,614	)	2014	Jun-15	3-30
Avenue 64	224	Emeryville, CA	—	27,235	64,403	14,656	27,235	79,059	106,294	(15,897	)	2007	Apr-14	5-30
Aviara ⁽⁴⁾	166	Mercer Island, WA	—	—	49,813	1,412	—	51,225	51,225	(11,908	)	2013	Apr-14	5-30
Avondale at Warner Center	446	Woodland Hills, CA	—	10,536	24,522	24,703	10,601	49,160	59,761	(34,453	)	1970	Jan-99	3-30
Axis 2300	115	Irvine, CA	—	5,405	33,585	1,963	5,405	35,548	40,953	(13,576	)	2010	Aug-10	3-30
Bel Air	462	San Ramon, CA	—	12,105	18,252	40,856	12,682	58,531	71,213	(40,414	)	1988	Jan-95	3-30
Belcarra	296	Bellevue, WA	—	21,725	92,091	2,283	21,725	94,374	116,099	(19,774	)	2009	Apr-14	5-30
Bella Villagio	231	San Jose, CA	—	17,247	40,343	4,001	17,247	44,344	61,591	(14,888	)	2004	Sep-10	3-30
BellCentre	248	Bellevue, WA	—	16,197	67,207	5,041	16,197	72,248	88,445	(15,892	)	2001	Apr-14	5-30
Bellerive	63	Los Angeles, CA	—	5,401	21,803	1,312	5,401	23,115	28,516	(7,768	)	2011	Aug-11	3-30
Belmont Terrace	71	Belmont, CA	—	4,446	10,290	7,294	4,473	17,557	22,030	(9,414	)	1974	Oct-06	3-30
Bennett Lofts	165	San Francisco, CA	—	21,771	50,800	30,544	28,371	74,744	103,115	(19,437	)	2004	Dec-12	3-30
Bernardo Crest	216	San Diego, CA	—	10,802	43,209	4,737	10,802	47,946	58,748	(10,574	)	1988	Apr-14	5-30
Bonita Cedars	120	Bonita, CA	—	2,496	9,913	5,583	2,503	15,489	17,992	(8,551	)	1983	Dec-02	3-30
Boulevard	172	Fremont, CA	—	3,520	8,182	14,248	3,580	22,370	25,950	(17,944	)	1978	Jan-96	3-30
Bridle Trails	108	Kirkland, WA	—	1,500	5,930	6,614	1,531	12,513	14,044	(8,949	)	1986	Oct-97	3-30
Brighton Ridge	264	Renton, WA	—	2,623	10,800	6,174	2,656	16,941	19,597	(12,601	)	1986	Dec-96	3-30
Bristol Commons	188	Sunnyvale, CA	—	5,278	11,853	10,206	5,293	22,044	27,337	(15,631	)	1989	Jan-95	3-30
416 on Broadway	115	Glendale, CA	—	8,557	34,235	3,407	8,557	37,642	46,199	(12,466	)	2009	Dec-10	3-30
Bunker Hill	456	Los Angeles, CA	—	11,498	27,871	91,959	11,639	119,689	131,328	(67,010	)	1968	Mar-98	3-30
Camarillo Oaks	564	Camarillo, CA	—	10,953	25,254	8,562	11,075	33,694	44,769	(25,023	)	1985	Jul-96	3-30
Cambridge Park	320	San Diego, CA	—	18,185	72,739	3,642	18,185	76,381	94,566	(16,732	)	1998	Apr-14	5-30
Camino Ruiz Square	159	Camarillo, CA	—	6,871	26,119	2,349	6,931	28,408	35,339	(12,693	)	1990	Dec-06	3-30
Canyon Oaks	250	San Ramon, CA	—	19,088	44,473	4,988	19,088	49,461	68,549	(21,478	)	2005	May-07	3-30
Canyon Pointe	250	Bothell, WA	—	4,692	18,288	9,096	4,693	27,383	32,076	(15,931	)	1990	Oct-03	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)
Capri at Sunny Hills	102	Fullerton, CA	—	3,337	13,320	9,503	4,048	22,112	26,160	(14,445	)	1961	Sep-01	3-30
Carmel Creek	348	San Diego, CA	—	26,842	107,368	6,878	26,842	114,246	141,088	(25,679	)	2000	Apr-14	5-30
Carmel Landing	356	San Diego, CA	—	16,725	66,901	9,043	16,725	75,944	92,669	(16,943	)	1989	Apr-14	5-30
Carmel Summit	246	San Diego, CA	—	14,968	59,871	4,154	14,968	64,025	78,993	(13,876	)	1989	Apr-14	5-30
Castle Creek	216	Newcastle, WA	—	4,149	16,028	5,185	4,833	20,529	25,362	(14,880	)	1998	Dec-98	3-30
Catalina Gardens	128	Los Angeles, CA	—	6,714	26,856	1,970	6,714	28,826	35,540	(6,159	)	1987	Apr-14	5-30
CBC Apartments & The Sweeps	239	Goleta, CA	—	11,841	45,320	6,718	11,906	51,973	63,879	(26,615	)	1962	Jan-06	3-30
Cedar Terrace	180	Bellevue, WA	—	5,543	16,442	8,092	5,652	24,425	30,077	(12,765	)	1984	Jan-05	3-30
CentrePointe	224	San Diego, CA	—	3,405	7,743	21,698	3,442	29,404	32,846	(20,349	)	1974	Jun-97	3-30
Chestnut Street Apartments	96	Santa Cruz, CA	—	6,582	15,689	2,057	6,582	17,746	24,328	(7,206	)	2002	Jul-08	3-30
Collins on Pine	76	Seattle, WA	—	7,276	22,226	562	7,276	22,788	30,064	(4,337	)	2013	May-14	3-30
Corbella at Juanita Bay	169	Kirkland, WA	—	5,801	17,415	3,815	5,801	21,230	27,031	(7,273	)	1978	Nov-10	3-30
Cortesia	308	Rancho Santa Margarita, CA	—	13,912	55,649	3,034	13,912	58,683	72,595	(12,706	)	1999	Apr-14	5-30
Country Villas	180	Oceanside, CA	—	4,174	16,583	5,358	4,187	21,928	26,115	(12,942	)	1976	Dec-02	3-30
Courtyard off Main	110	Bellevue, WA	—	7,465	21,405	4,911	7,465	26,316	33,781	(8,924	)	2000	Oct-10	3-30
Crow Canyon	400	San Ramon, CA	—	37,579	87,685	11,695	37,579	99,380	136,959	(22,121	)	1992	Apr-14	5-30
Deer Valley	171	San Rafael, CA	—	21,478	50,116	3,175	21,478	53,291	74,769	(11,659	)	1996	Apr-14	5-30
Delano	126	Redmond, WA	—	7,470	22,511	1,655	7,470	24,166	31,636	(6,762	)	2005	Dec-11	3-30
Devonshire	276	Hemet, CA	—	3,470	13,786	5,988	3,482	19,762	23,244	(11,177	)	1988	Dec-02	3-30
Elevation	158	Redmond, WA	—	4,758	14,285	7,182	4,757	21,468	26,225	(9,807	)	1986	Jun-10	3-30
Ellington	220	Bellevue, WA	—	15,066	45,249	3,914	15,066	49,163	64,229	(9,897	)	1994	Jul-14	3-30
Emerald Pointe	160	Diamond Bar, CA	—	8,458	33,832	2,098	8,458	35,930	44,388	(7,907	)	1989	Apr-14	5-30
Emerald Ridge	180	Bellevue, WA	—	3,449	7,801	6,444	3,449	14,245	17,694	(10,963	)	1987	Nov-94	3-30
Emerson Valley Village	144	Los Angeles, CA	—	13,378	53,240	979	13,378	54,219	67,597	(5,806	)	2012	Dec-16	3-30
Enso	183	San Jose, CA	—	21,397	71,135	1,630	21,397	72,765	94,162	(10,555	)	2014	Dec-15	3-30
Esplanade	278	San Jose, CA	—	18,170	40,086	15,809	18,429	55,636	74,065	(29,746	)	2002	Apr-04	3-30
Essex Skyline	349	Santa Ana, CA	—	21,537	146,099	10,028	21,537	156,127	177,664	(41,718	)	2008	Apr-10	3-30
Evergreen Heights	200	Kirkland, WA	—	3,566	13,395	6,886	3,649	20,198	23,847	(14,843	)	1990	Jun-97	3-30
Fairway Apartments at Big Canyon ⁽⁵⁾	74	Newport Beach, CA	—	—	7,850	8,180	—	16,030	16,030	(11,744	)	1972	Jun-99	3-28
Fairwood Pond	194	Renton, WA	—	5,296	15,564	4,408	5,297	19,971	25,268	(10,643	)	1997	Oct-04	3-30
Foothill Commons	394	Bellevue, WA	—	2,435	9,821	41,492	2,440	51,308	53,748	(45,513	)	1978	Mar-90	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)
Foothill Gardens/Twin Creeks	176	San Ramon, CA	—	5,875	13,992	11,404	5,964	25,307	31,271	(18,366	)	1985	Feb-97	3-30
Forest View	192	Renton, WA	—	3,731	14,530	3,095	3,731	17,625	21,356	(9,840	)	1998	Oct-03	3-30
Foster's Landing	490	Foster City, CA	—	61,714	144,000	10,178	61,714	154,178	215,892	(35,111	)	1987	Apr-14	5-30
Fountain Court	320	Seattle, WA	—	6,702	27,306	13,162	6,985	40,185	47,170	(28,006	)	2000	Mar-00	3-30
Fountains at River Oaks	226	San Jose, CA	—	26,046	60,773	5,104	26,046	65,877	91,923	(14,742	)	1990	Apr-14	3-30
Fourth & U	171	Berkeley, CA	—	8,879	52,351	3,967	8,879	56,318	65,197	(19,549	)	2010	Apr-10	3-30
Fox Plaza	445	San Francisco, CA	—	39,731	92,706	35,532	39,731	128,238	167,969	(34,285	)	1968	Feb-13	3-30
The Henley I/The Henley II	215	Glendale, CA	—	6,695	16,753	27,953	6,733	44,668	51,401	(26,394	)	1970	Jun-99	3-30
Highlands at Wynhaven	333	Issaquah, WA	—	16,271	48,932	14,851	16,271	63,783	80,054	(27,806	)	2000	Aug-08	3-30
Hillcrest Park	608	Newbury Park, CA	—	15,318	40,601	21,179	15,755	61,343	77,098	(42,560	)	1973	Mar-98	3-30
Hillsdale Garden	697	San Mateo, CA	—	22,000	94,681	28,988	22,000	123,669	145,669	(58,877	)	1948	Sep-06	3-30
Hope Ranch	108	Santa Barbara, CA	—	4,078	16,877	2,989	4,208	19,736	23,944	(8,757	)	1965	Mar-07	3-30
Huntington Breakers	342	Huntington Beach, CA	—	9,306	22,720	21,487	9,315	44,198	53,513	(32,546	)	1984	Oct-97	3-30
Inglenook Court	224	Bothell, WA	—	3,467	7,881	8,307	3,474	16,181	19,655	(13,291	)	1985	Oct-94	3-30
Lafayette Highlands	150	Lafayette, CA	—	17,774	41,473	3,526	17,774	44,999	62,773	(9,732	)	1973	Apr-14	5-30
Lakeshore Landing	308	San Mateo, CA	—	38,155	89,028	8,183	38,155	97,211	135,366	(22,592	)	1988	Apr-14	5-30
Laurels at Mill Creek	164	Mill Creek, WA	—	1,559	6,430	8,202	1,595	14,596	16,191	(10,517	)	1981	Dec-96	3-30
Lawrence Station	336	Sunnyvale, CA	—	45,532	106,735	2,006	45,532	108,741	154,273	(27,218	)	2012	Apr-14	5-30
Le Parc	140	Santa Clara, CA	—	3,090	7,421	13,782	3,092	21,201	24,293	(16,474	)	1975	Feb-94	3-30
Marbrisa	202	Long Beach, CA	—	4,700	18,605	9,755	4,760	28,300	33,060	(17,214	)	1987	Sep-02	3-30
Marina City Club ⁽⁶⁾	101	Marina Del Rey, CA	—	—	28,167	31,783	—	59,950	59,950	(28,367	)	1971	Jan-04	3-30
Marina Cove ⁽⁷⁾	292	Santa Clara, CA	—	5,320	16,431	15,948	5,324	32,375	37,699	(26,197	)	1974	Jun-94	3-30
Mariner's Place	105	Oxnard, CA	—	1,555	6,103	2,589	1,562	8,685	10,247	(6,020	)	1987	May-00	3-30
MB 360	360	San Francisco, CA	—	42,001	212,648	11,373	42,001	224,021	266,022	(41,021	)	2014	Apr-14	3-30
Mesa Village	133	Clairemont, CA	—	1,888	7,498	2,591	1,894	10,083	11,977	(5,624	)	1963	Dec-02	3-30
Mill Creek at Windermere	400	San Ramon, CA	—	29,551	69,032	6,201	29,551	75,233	104,784	(31,986	)	2005	Sep-07	3-30
Mio	103	San Jose, CA	—	11,012	39,982	557	11,012	40,539	51,551	(5,695	)	2015	Jan-16	3-30
Mirabella	188	Marina Del Rey, CA	—	6,180	26,673	16,790	6,270	43,373	49,643	(26,253	)	2000	May-00	3-30
Mira Monte	354	Mira Mesa, CA	—	7,165	28,459	11,933	7,186	40,371	47,557	(25,280	)	1982	Dec-02	3-30
Miracle Mile/Marbella	236	Los Angeles, CA	—	7,791	23,075	15,151	7,886	38,131	46,017	(27,856	)	1988	Aug-97	3-30
Mission Hills	282	Oceanside, CA	—	10,099	38,778	11,134	10,167	49,844	60,011	(24,458	)	1984	Jul-05	3-30
Mission Peaks	453	Fremont, CA	—	46,499	108,498	7,387	46,499	115,885	162,384	(25,036	)	1995	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)
Mission Peaks II	336	Fremont, CA	—	31,429	73,334	7,308	31,429	80,642	112,071	(17,908	)	1989	Apr-14	5-30
Montclaire	390	Sunnyvale, CA	—	4,842	19,776	28,185	4,997	47,806	52,803	(41,752	)	1973	Dec-88	3-30
Monterey Villas	122	Oxnard, CA	—	2,349	5,579	6,873	2,424	12,377	14,801	(8,553	)	1974	Jul-97	3-30
Muse	152	North Hollywood, CA	—	7,822	33,436	3,466	7,823	36,901	44,724	(13,932	)	2011	Feb-11	3-30
Museum Park	117	San Jose, CA	—	13,864	32,348	2,012	13,864	34,360	48,224	(7,530	)	2002	Apr-14	5-30
One South Market	312	San Jose, CA	—	28,290	148,649	162	28,290	148,811	177,101	(3,931	)	2015	Mar-19	3-30
Palm Valley	1,099	San Jose, CA	—	133,802	312,205	15,296	133,802	327,501	461,303	(35,244	)	2008	Jan-17	3-30
Paragon Apartments	301	Fremont, CA	—	32,230	77,320	2,173	32,230	79,493	111,723	(14,796	)	2013	Jul-14	3-30
Park Catalina	90	Los Angeles, CA	—	4,710	18,839	3,372	4,710	22,211	26,921	(7,029	)	2002	Jun-12	3-30
Park Highland	250	Bellevue, WA	—	9,391	38,224	12,981	9,391	51,205	60,596	(13,942	)	1993	Apr-14	5-30
Park Hill at Issaquah	245	Issaquah, WA	—	7,284	21,937	10,119	7,284	32,056	39,340	(16,614	)	1999	Feb-99	3-30
Park Viridian	320	Anaheim, CA	—	15,894	63,574	3,789	15,894	67,363	83,257	(14,776	)	2008	Apr-14	5-30
Park West	126	San Francisco, CA	—	9,424	21,988	12,500	9,424	34,488	43,912	(11,971	)	1958	Sep-12	3-30
Parkwood at Mill Creek	240	Mill Creek, WA	—	10,680	42,722	3,376	10,680	46,098	56,778	(10,263	)	1989	Apr-14	5-30
Patent 523	295	Seattle, WA	—	14,558	69,417	5,923	14,558	75,340	89,898	(26,798	)	2010	Mar-10	3-30
Pathways at Bixby Village	296	Long Beach, CA	—	4,083	16,757	21,850	6,239	36,451	42,690	(31,839	)	1975	Feb-91	3-30
Piedmont	396	Bellevue, WA	—	19,848	59,606	12,913	19,848	72,519	92,367	(16,747	)	1969	May-14	3-30
Pinehurst ⁽⁸⁾	28	Ventura, CA	—	—	1,711	731	—	2,442	2,442	(1,517	)	1973	Dec-04	3-24
Pinnacle at Fullerton	192	Fullerton, CA	—	11,019	45,932	3,983	11,019	49,915	60,934	(11,134	)	2004	Apr-14	5-30
Pinnacle on Lake Washington	180	Renton, WA	—	7,760	31,041	3,513	7,760	34,554	42,314	(7,545	)	2001	Apr-14	5-30
Pinnacle at MacArthur Place	253	Santa Ana, CA	—	15,810	66,401	5,238	15,810	71,639	87,449	(15,689	)	2002	Apr-14	5-30
Pinnacle at Otay Ranch I & II	364	Chula Vista, CA	—	17,023	68,093	4,227	17,023	72,320	89,343	(15,862	)	2001	Apr-14	5-30
Pinnacle at Talega	362	San Clemente, CA	—	19,292	77,168	3,097	19,292	80,265	99,557	(17,314	)	2002	Apr-14	5-30
Pinnacle Sonata	268	Bothell, WA	—	14,647	58,586	4,597	14,647	63,183	77,830	(13,613	)	2000	Apr-14	5-30
Pointe at Cupertino	116	Cupertino, CA	—	4,505	17,605	12,637	4,505	30,242	34,747	(19,206	)	1963	Aug-98	3-30
Pure Redmond	105	Redmond, WA	—	7,461	31,363	—	7,461	31,363	38,824	(46	)	2016	Dec-19	3-30
Radius	264	Redwood City, CA	—	11,702	152,336	904	11,702	153,240	164,942	(33,929	)	2015	Apr-14	3-30
Reed Square	100	Sunnyvale, CA	—	6,873	16,037	8,451	6,873	24,488	31,361	(10,156	)	1970	Jan-12	3-30
Regency at Encino	75	Encino, CA	—	3,184	12,737	3,911	3,184	16,648	19,832	(6,945	)	1989	Dec-09	3-30
Renaissance at Uptown Orange	460	Orange, CA	—	27,870	111,482	6,212	27,870	117,694	145,564	(25,469	)	2007	Apr-14	5-30
Reveal	438	Woodland Hills, CA	—	25,073	121,314	2,446	25,073	123,760	148,833	(22,720	)	2010	Apr-15	3-30
Salmon Run at Perry Creek	132	Bothell, WA	—	3,717	11,483	2,941	3,801	14,340	18,141	(8,857	)	2000	Oct-00	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)
Sammamish View	153	Bellevue, WA	—	3,324	7,501	7,285	3,331	14,779	18,110	(12,571	)	1986	Nov-94	3-30
101 San Fernando	323	San Jose, CA	—	4,173	58,961	13,374	4,173	72,335	76,508	(26,862	)	2001	Jul-10	3-30
San Marcos	432	Richmond, CA	—	15,563	36,204	33,430	22,866	62,331	85,197	(33,909	)	2003	Nov-03	3-30
Santee Court/Santee Village	238	Los Angeles, CA	—	9,581	40,317	11,607	9,582	51,923	61,505	(17,070	)	2004	Oct-10	3-30
Shadow Point	172	Spring Valley, CA	—	2,812	11,170	4,305	2,820	15,467	18,287	(8,864	)	1983	Dec-02	3-30
Shadowbrook	418	Redmond, WA	—	19,292	77,168	5,704	19,292	82,872	102,164	(18,117	)	1986	Apr-14	5-30
Slater 116	108	Kirkland, WA	—	7,379	22,138	1,194	7,379	23,332	30,711	(5,181	)	2013	Sep-13	3-30
Solstice	280	Sunnyvale, CA	—	34,444	147,262	6,544	34,444	153,806	188,250	(36,993	)	2014	Apr-14	5-30
Station Park Green - Phase I	121	San Mateo, CA	—	14,923	96,229	5,610	14,924	101,838	116,762	(8,241	)	2018	Mar-18	3-30
Stevenson Place	200	Fremont, CA	—	996	5,582	13,651	1,001	19,228	20,229	(14,432	)	1975	Apr-00	3-30
Stonehedge Village	196	Bothell, WA	—	3,167	12,603	8,669	3,201	21,238	24,439	(14,829	)	1986	Oct-97	3-30
Summerhill Park	100	Sunnyvale, CA	—	2,654	4,918	11,180	2,656	16,096	18,752	(11,728	)	1988	Sep-88	3-30
Summit Park	300	San Diego, CA	—	5,959	23,670	8,485	5,977	32,137	38,114	(18,375	)	1972	Dec-02	3-30
Taylor 28	197	Seattle, WA	—	13,915	57,700	3,391	13,915	61,091	75,006	(13,005	)	2008	Apr-14	5-30
The Audrey at Belltown	137	Seattle, WA	—	9,228	36,911	1,290	9,228	38,201	47,429	(8,013	)	1992	Apr-14	5-30
The Avery	121	Los Angeles, CA	—	6,964	29,922	726	6,964	30,648	37,612	(5,957	)	2014	Mar-14	3-30
The Bernard	63	Seattle, WA	—	3,699	11,345	800	3,689	12,155	15,844	(3,574	)	2008	Sep-11	3-30
The Blake LA	196	Los Angeles, CA	—	4,023	9,527	22,158	4,031	31,677	35,708	(18,135	)	1979	Jun-97	3-30
The Cairns	99	Seattle, WA	—	6,937	20,679	2,389	6,939	23,066	30,005	(9,915	)	2006	Jun-07	3-30
The Commons	264	Campbell, CA	—	12,555	29,307	9,206	12,556	38,512	51,068	(14,792	)	1973	Jul-10	3-30
The Elliot at Mukilteo	301	Mukilteo, WA	—	2,498	10,595	17,699	2,824	27,968	30,792	(21,381	)	1981	Jan-97	3-30
The Grand	243	Oakland, CA	—	4,531	89,208	7,334	4,531	96,542	101,073	(37,589	)	2009	Jan-09	3-30
The Hallie	292	Pasadena, CA	—	2,202	4,794	54,674	8,385	53,285	61,670	(35,599	)	1972	Apr-97	3-30
The Huntington	276	Huntington Beach, CA	—	10,374	41,495	5,741	10,374	47,236	57,610	(13,725	)	1975	Jun-12	3-30
The Landing at Jack London Square	282	Oakland, CA	—	33,554	78,292	6,329	33,554	84,621	118,175	(19,726	)	2001	Apr-14	5-30
The Lofts at Pinehurst	118	Ventura, CA	—	1,570	3,912	5,499	1,618	9,363	10,981	(6,164	)	1971	Jun-97	3-30
The Palisades	192	Bellevue, WA	—	1,560	6,242	13,743	1,565	19,980	21,545	(17,648	)	1977	May-90	3-30
The Palms at Laguna Niguel	460	Laguna Niguel, CA	—	23,584	94,334	9,442	23,584	103,776	127,360	(23,149	)	1988	Apr-14	5-30
The Stuart	188	Pasadena, CA	—	13,574	54,298	2,693	13,574	56,991	70,565	(12,753	)	2007	Apr-14	5-30
The Trails of Redmond	423	Redmond, WA	—	21,930	87,720	5,406	21,930	93,126	115,056	(20,366	)	1985	Apr-14	5-30
Tierra Vista	404	Oxnard, CA	—	13,652	53,336	6,023	13,661	59,350	73,011	(32,123	)	2001	Jan-01	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)
Tiffany Court	101	Los Angeles, CA	—		6,949		27,796		1,857		6,949		29,653		36,602		(6,429		)	1987	Apr-14	5-30
Trabuco Villas	132	Lake Forest, CA	—		3,638		8,640		4,061		3,890		12,449		16,339		(8,740		)	1985	Oct-97	3-30
Via	284	Sunnyvale, CA	—		22,000		82,270		3,189		22,016		85,443		107,459		(27,803		)	2011	Jul-11	3-30
Villa Granada	270	Santa Clara, CA	—		38,299		89,365		2,200		38,299		91,565		129,864		(19,559		)	2010	Apr-14	5-30
Villa Siena	272	Costa Mesa, CA	—		13,842		55,367		8,399		13,842		63,766		77,608		(14,671		)	1974	Apr-14	5-30
Village Green	272	La Habra, CA	—		6,488		36,768		4,061		6,488		40,829		47,317		(9,428		)	1971	Apr-14	5-30
Vista Belvedere	76	Tiburon, CA	—		5,573		11,901		8,844		5,573		20,745		26,318		(12,068		)	1963	Aug-04	3-30
Vox Apartments	58	Seattle, WA	—		5,545		16,635		408		5,545		17,043		22,588		(3,543		)	2013	Oct-13	3-30
Walnut Heights	163	Walnut, CA	—		4,858		19,168		5,645		4,887		24,784		29,671		(13,726		)	1964	Oct-03	3-30
Wandering Creek	156	Kent, WA	—		1,285		4,980		5,152		1,296		10,121		11,417		(7,945		)	1986	Nov-95	3-30
Wharfside Pointe	155	Seattle, WA	—		2,245		7,020		12,465		2,258		19,472		21,730		(14,892		)	1990	Jun-94	3-30
Willow Lake	508	San Jose, CA	—		43,194		101,030		15,998		43,194		117,028		160,222		(32,271		)	1989	Oct-12	3-30
5600 Wilshire	284	Los Angeles, CA	—		30,535		91,604		4,495		30,535		96,099		126,634		(20,175		)	2008	Apr-14	5-30
Wilshire La Brea	478	Los Angeles, CA	—		56,932		211,998		11,252		56,932		223,250		280,182		(52,822		)	2014	Apr-14	5-30
Wilshire Promenade	149	Fullerton, CA	—		3,118		7,385		10,727		3,797		17,433		21,230		(11,640		)	1992	Jan-97	3-30
Windsor Ridge	216	Sunnyvale, CA	—		4,017		10,315		16,759		4,021		27,070		31,091		(22,682		)	1989	Mar-89	3-30
Woodland Commons	302	Bellevue, WA	—		2,040		8,727		24,610		2,044		33,333		35,377		(22,838		)	1978	Mar-90	3-30
Woodside Village	145	Ventura, CA	—		5,331		21,036		5,387		5,341		26,413		31,754		(13,691		)	1987	Dec-04	3-30
	43,932		$	—	$	2,415,080	$	8,256,799	$	1,643,811	$	2,443,633	$	9,872,057	$	12,315,690	$	(3,217,204	)



								Costs
				Initial cost				capitalized		Gross amount carried at close of period
						Buildings and		subsequent		Land and		Buildings and				Accumulated
	Property	Encumbrance		Land		improvements		to acquisition		improvements		improvements		Total⁽¹⁾		depreciation
	Other real estate assets	—		3,079		12,315		12,183		3,909		23,668		27,577		(15,356		)
		$	—	$	3,079	$	12,315	$	12,183	$	3,909	$	23,668	$	27,577	$	(15,356	)

Total		$	990,667	$	2,736,256	$	9,395,624	$	1,906,262	$	2,773,805	$	11,264,337	$	14,038,142	$	(3,689,482	)

(1) The aggregate cost for federal income tax purposes is approximately $11.0 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:



	2019		2018			2017				2019		2018			2017
Rental properties:									Accumulated depreciation:
Balance at beginning of year	$	13,366,101	$	13,362,073		$	12,687,722		Balance at beginning of year	$	3,209,548	$	2,769,297		$	2,311,546
Acquisition, development, and improvement of real estate	672,041		325,986			700,892			Depreciation expense	479,934		478,721			464,043
Disposition of real estate and other	—		(321,958		)	(28,367		)	Depreciation expense - Disposals and other	—		(38,470		)	(6,292		)
Reclassification from other assets and into building and improvements, net	—		—			1,826			Balance at the end of year	$	3,689,482	$	3,209,548		$	2,769,297
Balance at the end of year	$	14,038,142	$	13,366,101		$	13,362,073