Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2017

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

					Costs Capitalized Subsequent				Gross Amount at which Carried at
	Initial Cost (in thousands)				to Acquisition (in thousands)				End of Period(in thousands)(1) (2)
			Building and		Improvements		Carrying				Building and
Property Name	Land		Improvements		(net)		Costs		Land		Improvements		Total
Pillarstone OP Properties:
9101 LBJ Freeway	$	1,597	$	6,078	$	1,128	$	—	$	1,597	$	7,206	$	8,803
Corporate Park Northwest	1,534		6,306		2,268		—		1,534		8,574		10,108
Corporate Park West	2,555		10,267		1,615		—		2,555		11,882		14,437
Corporate Park Woodland	652		5,330		830		—		652		6,160		6,812
Corporate Park Woodland II	2,758		—		26		—		2,758		26		2,784
Dairy Ashford	226		1,211		49		—		226		1,260		1,486
Holly Hall Industrial Park	608		2,516		395		—		608		2,911		3,519
Holly Knight	320		1,293		402		—		320		1,695		2,015
Interstate 10 Warehouse	208		3,700		495		—		208		4,195		4,403
Main Park	1,328		2,721		1,113		—		1,328		3,834		5,162
Plaza Park	902		3,294		1,141		—		902		4,435		5,337
Uptown Tower	1,621		15,551		4,794		—		1,621		20,345		21,966
Westbelt Plaza	568		2,165		958		—		568		3,123		3,691
Westgate Service Center	672		2,776		1,175		—		672		3,951		4,623
Total - Pillarstone OP Properties	$	15,549	$	63,208	$	16,389	$	—	$	15,549	$	79,597	$	95,146

		Accumulated Depreciation		Date	Depreciation
Property Name	Encumbrances	(in thousands)		Acquired	Life
Pillarstone OP Properties:
9101 LBJ Freeway		$	2,634	12/8/2016	5-39 years
Corporate Park Northwest		3,679		12/8/2016	5-39 years
Corporate Park West	(3)	4,959		12/8/2016	5-39 years
Corporate Park Woodland	(3)	3,331		12/8/2016	5-39 years
Corporate Park Woodland II		5		12/8/2016	5-39 years
Dairy Ashford	(3)	686		12/8/2016	5-39 years
Holly Hall Industrial Park	(3)	1,356		12/8/2016	5-39 years
Holly Knight		1,090		12/8/2016	5-39 years
Interstate 10 Warehouse	(3)	2,852		12/8/2016	5-39 years
Main Park	(3)	1,957		12/8/2016	5-39 years
Plaza Park	(3)	2,352		12/8/2016	5-39 years
Uptown Tower	(4)	7,384		12/8/2016	5-39 years
Westbelt Plaza	(3)	1,981		12/8/2016	5-39 years
Westgate Service Center	(3)	1,714		12/8/2016	5-39 years
Total - Pillarstone OP Properties		$	35,980

⁽¹⁾ Reconciliations of total real estate carrying value for the years ended December 31, 2017 and 2016 follows:

	( in thousands)
	2017			2016
Balance at beginning of period	$	92,338		$	—
Additions during the period:
Acquisitions	2,550			92,338
Improvements	1,265			—
	3,815			92,338
Deductions - cost of real estate sold or retired	(1,007		)	—
Balance at close of period	$	95,146		$	92,338

⁽²⁾  The aggregate cost of real estate (in thousands) for federal income tax purposes is $84,646.

⁽³⁾  These properties secure a $37.0 million mortgage note.

⁽⁴⁾  This property secures a $16.5 million mortgage note.