SCHEDULE III—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]

SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION

SERVICE PROPERTIES TRUST

SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2021

(dollars in millions)

	Initial Cost to Company		Costs Capitalized Subsequent to Acquisition			Gross Amount at which Carried at Close of Period
	Land	Building & Improvements	Improvements	Impairment	Cost Basis Adjustment(1)	Land	Building & Improvements	Total(2)
Hotel Properties
17 Royal Sonesta	227	1,118	405	(9)	(9)	227	1,496	1,723
22 Sonesta	136	588	321	(51)	(5)	136	848	984
60 Sonesta ES Suites	132	557	368	(35)	(48)	132	794	926
44 Sonesta Select	84	395	308	(8)	(71)	89	548	637
51 Simply Suites	68	341	105	(17)	(18)	66	395	461
17 Hyatt Place	20	137	21	—	—	20	158	178
5 Radisson Hotel	9	93	45	—	—	9	138	147
1 Crowne Plaza	17	69	30	—	—	17	99	116
13 Courtyard	13	64	63	(14)	(23)	12	68	80
3 Country Inn and Suites	4	29	10	—	—	4	39	43
3 Residence Inn	4	9	12	(3)	(1)	3	17	20
Net Lease Properties
134 TravelCenters of America	568	939	463	—	—	575	1,393	1,968
45 Petro Stopping Centers	260	522	210	—	—	259	717	976
11 AMC Theatres	30	55	1	—	—	30	56	86
14 The Great Escape	19	64	—	—	—	19	64	83
3 Life Time Fitness	17	56	—	—	—	17	56	73
5 Buehler's Fresh Foods	10	49	—	—	—	10	49	59
59 Heartland Dental	11	37	—	—	—	11	37	48
10 Norms	23	24	—	—	—	23	24	47
23 Express Oil Change	6	37	—	—	—	6	37	43
39 Pizza Hut	12	27	—	—	—	12	27	39
3 Flying J Travel Plaza	6	32	—	—	—	6	32	38
6 America's Auto Auction	7	23	4	—	—	7	27	34
6 Regal Cinemas	9	25	—	—	—	9	25	34
4 Courthouse Athletic Club	5	28	—	—	—	5	28	33
44 Church's Chicken	7	25	—	—	—	7	25	32
2 Big Al's	3	28	—	—	—	3	28	31
21 Burger King	9	22	—	—	—	9	22	31
1 Fleet Farm	3	27	—	—	—	3	27	30
19 Hardee's	4	24	—	—	—	4	24	28
4 B&B Theatres	12	15	—	—	—	12	15	27
16 Martin's	7	20	—	—	—	7	20	27
19 Arby's	7	19	—	—	—	7	19	26
4 Creme de la Creme	7	18	—	—	—	7	18	25
20 Popeye's Chicken & Biscuits	8	17	—	—	—	8	17	25
5 Mister Car Wash	2	19	—	—	—	2	19	21
6 United Supermarkets	4	17	—	—	—	4	17	21
2 Mesa Fitness	3	17	—	—	—	3	17	20
13 Taco Bell	4	15	—	—	—	4	15	19
1 CarMax	5	13	—	—	—	5	13	18
28 Uncle Ed's Oil Shoppe	6	12	—	—	—	6	12	18
1 Dave & Buster's	3	11	—	—	—	3	11	14
2 Fusion Gyms	3	10	1	—	—	3	11	14
5 Pike Nursery	8	6	—	—	—	8	6	14
2 HHI-Formtech	3	10	—	—	—	3	10	13
3 Golden Corral	4	8	—	—	—	4	8	12
5 Rite Aid	3	9	—	—	—	3	9	12
2 Sanford's Grub & Pub	1	10	—	—	—	1	10	11
1 Baptist Emergency Hospital	2	8	—	—	—	2	8	10

	Initial Cost to Company		Costs Capitalized Subsequent to Acquisition			Gross Amount at which Carried at Close of Period
	Land	Building & Improvements	Improvements	Impairment	Cost Basis Adjustment(1)	Land	Building & Improvements	Total(2)
2 Eddie Merlot's	2	8	—	—	—	2	8	10
5 Fuddruckers	4	6	—	—	—	4	6	10
1 Cermak Fresh Market	2	7	—	—	—	2	7	9
1 Columbus Preparatory Academy	1	8	—	—	—	1	8	9
12 Core & Main	4	5	—	—	—	4	5	9
5 Lerner and Rowe	1	8	—	—	—	1	8	9
4 Meineke Car Care Center	3	6	—	—	—	3	6	9
3 Texas Roadhouse	3	6	—	—	—	3	6	9
1 Austin's Park n' Pizza	—	8	—	—	—	—	8	8
1 Kohl's	2	6	—	—	—	2	6	8
1 LA Fitness	1	7	—	—	—	1	7	8
1 Academy Sports + Outdoors	1	6	—	—	—	1	6	7
2 Blue Rhino	3	4	—	—	—	3	4	7
1 Columbus Arts & Tech Academy	1	6	—	—	—	1	6	7
2 Diagnostic Health	1	6	—	—	—	1	6	7
3 Krispy Kreme	2	5	—	—	—	2	5	7
1 Marcus Theaters	2	5	—	—	—	2	5	7
3 Oregano's Pizza Bistro	1	6	—	—	—	1	6	7
9 Sonic Drive-In	3	4	—	—	—	3	4	7
2 Axels	—	6	—	—	—	—	6	6
5 Brookshire Brothers	1	5	—	—	—	1	5	6
2 Flying Star Cafe	1	5	—	—	—	1	5	6
2 Heytex USA	1	5	—	—	—	1	5	6
7 Hughes Supply	2	4	—	—	—	2	4	6
1 Jack Stack Barbeque	1	5	—	—	—	1	5	6
3 Jack's Family Restaurant	2	4	—	—	—	2	4	6
3 Wendy's	1	5	—	—	—	1	5	6
2 10 Box	2	3	—	—	—	2	3	5
1 Adult & Pediatric Orthopedics	1	4	—	—	—	1	4	5
2 Bricktown Brewery	1	4	—	—	—	1	4	5
1 ConForm Automotive	2	3	—	—	—	2	3	5
2 Gerber Collision & Glass	1	4	—	—	—	1	4	5
2 HD Supply White Cap	2	3	—	—	—	2	3	5
1 Multi-Tenant	1	4	11	—	—	3	13	16
1 Planet Fitness	1	4	—	—	—	1	4	5
1 RGB Eye Associates	1	4	—	—	—	1	4	5
2 Walgreens	—	5	—	—	—	—	5	5
1 Ashley Furniture	1	3	—	—	—	1	3	4
1 Boozman-Hof	2	2	—	—	—	2	2	4
1 Caldwell Country Chevrolet	—	4	—	—	—	—	4	4
1 Eriks Bike Shop	1	3	—	—	—	1	3	4
2 Famous Dave's	1	3	—	—	—	1	3	4
3 Focus Child Development Center	1	3	—	—	—	1	3	4
1 Joe's Crab Shack	1	3	—	—	—	1	3	4
1 Max & Erma's	1	3	—	—	—	1	3	4
1 Metaldyne BSM	—	4	—	—	—	—	4	4
1 Rainbow Kids Clinic	1	3	—	—	—	1	3	4
1 Sportsman's Warehouse	1	3	—	—	—	1	3	4
2 Anixter	1	2	—	—	—	1	2	3
1 Applebee's	1	2	—	—	—	1	2	3
1 Black Angus Steakhouse	1	2	—	—	—	1	2	3
1 Buffalo Wild Wings	1	2	—	—	—	1	2	3
1 Kerry's Car Care	1	2	—	—	—	1	2	3
2 Monterey's Tex Mex	1	2	—	—	—	1	2	3
1 Ojos Locos Sports Cantina	1	2	—	—	—	1	2	3

	Initial Cost to Company				Costs Capitalized Subsequent to Acquisition						Gross Amount at which Carried at Close of Period
	Land		Building & Improvements		Improvements		Impairment		Cost Basis Adjustment(1)		Land		Building & Improvements		Total(2)
2 Orscheln Farm and Home	1		2		—		—		—		1		2		3
2 Rick Johnson Auto & Tire	1		2		—		—		—		1		2		3
1 Slim Chickens	1		2		—		—		—		1		2		3
1 Southwest Stainless, LP	—		3		—		—		—		—		3		3
1 Spoons Place	1		2		—		—		—		1		2		3
1 Tractor Supply	—		3		—		—		—		—		3		3
1 What the Buck	—		3		—		—		—		—		3		3
2 Affordable Care, Inc.	1		1		—		—		—		1		1		2
1 Bridgestone Tire	1		1		—		—		—		1		1		2
1 Cycle Gear	1		1		—		—		—		1		1		2
2 Dollar General	—		2		—		—		—		—		2		2
2 Hooters	1		1		—		—		—		1		1		2
2 KFC	—		2		—		—		—		—		2		2
1 Long John Silver's	1		1		—		—		—		1		1		2
3 Rally's	1		1		—		—		—		1		1		2
1 Red Robin Gourmet Burgers	1		1		—		—		—		1		1		2
1 Schumacher Homes	1		1		—		—		—		1		1		2
2 Taco Bueno	1		1		—		—		—		1		1		2
1 Bru Burger Bar	—		1		—		—		—		—		1		1
1 Chicken Salad Chick	—		1		—		—		—		—		1		1
1 El Forastero	—		1		—		—		—		—		1		1
1 ERA Capital	—		1		—		—		—		—		1		1
1 Howlin Concrete	1		—		—		—		—		1		—		1
1 Little Caesars	—		1		—		—		—		—		1		1
1 NAPA Auto Parts	—		1		—		—		—		—		1		1
1 Old Mexico Cantina	—		1		—		—		—		—		1		1
1 O'Reilly Auto Parts	—		1		—		—		—		—		1		1
1 SRS Distribution	—		1		—		—		—		—		1		1
1 The Atlanta Center for Foot & Ankle Surgery	—		1		—		—		—		—		1		1
1 Touchstone Imaging	—		1		—		—		—		—		1		1
1 Wings, Etc	—		1		—		—		—		—		1		1
1 Bigham Cable	—		1		—		—		—		—		—		—
1 Consolidated Pipe	—		—		—		—		—		—		—		—
1 Del Taco	—		—		—		—		—		—		—		—
1 Dunkin Donuts	—		—		—		—		—		—		—		—
1 Family Dollar Stores	—		—		—		—		—		—		—		—
1 Fazoli's	—		—		—		—		—		—		—		—
1 Kings Wings N Things	—		—		—		—		—		—		—		—
1 Off the Hook Seafood & More	—		—		—		—		—		—		—		—
1 Sharks Fish & Chicken	—		—		—		—		—		—		—		—
8 Vacant	4		15		—		—		—		4		15		19
Other	2		8		2		—		—		2		10		12
	$	1,910	$	6,006	$	2,380	$	(137)	$	(175)	$	1,919	$	7,871	$	9,790
Assets Held for Sale
67 Hotels	$	110	$	541	$	84	$	(64)	$	(3)	$	95	$	506	$	601
22 Net lease properties	7		23		—		(18)		—		7		6		12
Total (1091 properties)	$	2,027	$	6,570	$	2,464	$	(219)	$	(178)	$	2,021	$	8,383	$	10,403

(1)Represents reclassifications between accumulated depreciation and building & improvements made to record certain properties at fair value in accordance with GAAP.

(2)Excludes $436 of personal property classified in our consolidated balance sheets as furniture, fixtures and equipment.

SERVICE PROPERTIES TRUST

SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

December 31, 2021

(dollars in millions)

	Accumulated Depreciation(1)	Date of Construction	Date Acquired	Life on which Depreciation in Latest Income Statement is Computed
Hotel Properties
60 Sonesta ES Suites	(391)	1984 through 2000	1996 through 2017	10 - 40 Years
17 Royal Sonesta	(340)	1913 through 1987	2005 through 2017	10 - 40 Years
44 Sonesta Select	(312)	1987 through 2000	1995 through 2003	10 - 40 Years
22 Sonesta	(253)	1924 through 1999	2005 through 2018	10 - 40 Years
51 Simply Suites	(203)	1996 through 2000	1997 through 2003	10 - 40 Years
17 Hyatt Place	(89)	1992 through 2000	1997 through 2002	10 - 40 Years
5 Radisson Hotel	(70)	1987 through 1990	1996 through 2018	10 - 40 Years
3 Country Inn and Suites by Radisson	(20)	1987 through 1997	1996 and 2005	10 - 40 Years
1 Crowne Plaza	(12)	1971 through 1988	2006 and 2017	10 - 40 Years
13 Courtyard	(4)	1987 through 2000	1995 through 2003	10 - 40 Years
3 Residence	(1)	1989 through 2002	1996 through 2005	10 - 40 Years
Net Lease Properties
134 TravelCenters of America	(834)	1962 through 2017	2007 through 2017	10 - 40 Years
45 Petro Stopping Centers	(418)	1975 through 2017	2007 through 2017	10 - 40 Years
11 AMC Theatres	(6)	1993 through 2008	2019	10 - 40 Years
5 Buehler's Fresh Foods	(6)	1985 through 2000	2019	10 - 40 Years
39 Pizza Hut	(6)	1972 through 2006	2019	10 - 40 Years
3 Life Time Fitness	(5)	1987 through 2012	2019	10 - 40 Years
14 The Great Escape	(5)	1986 through 2007	2019	10 - 40 Years
19 Arby's	(4)	1969 through 2005	2019	10 - 40 Years
21 Burger King	(4)	1968 through 1985	2019	10 - 40 Years
44 Church's Chicken	(3)	1668 to 1985	2019	10 - 40 Years
4 Courthouse Athletic Club	(3)	1997 through 2001	2019	10 - 40 Years
23 Express Oil Change	(3)	1970 through 2001	2019	10 - 40 Years
19 Hardee's	(3)	1969 through 1994	2019	10 - 40 Years
59 Heartland Dental	(3)	1920 through 2005	2019	10 - 40 Years
1 Multi-Tenant	(3)	2001	2019	10 - 40 Years
20 Popeye's Chicken & Biscuits	(3)	1968 through 2004	2019	10 - 40 Years
6 America's Auto Auction	(2)	1965 through 2005	2019	10 - 40 Years
4 B&B Theatres	(2)	1998 through 2004	2019	10 - 40 Years
2 Big Al’s	(2)	2006 through 2010	2019	10 - 40 Years
1 Cermak Fresh Market	(2)	1989	2019	10 - 40 Years
1 Fleet Farm	(2)	1979	2019	10 - 40 Years
3 Flying J Travel Plaza	(2)	2001	2019	10 - 40 Years
2 HHI-Formtech	(2)	1952	2019	10 - 40 Years
16 Martin's	(2)	1962 through 2003	2019	10 - 40 Years
2 Mesa Fitness	(2)	1983 through 2007	2019	10 - 40 Years
10 Norms	(2)	1957 through 2014	2019	10 - 40 Years
6 Regal Cinemas	(2)	2005 through 2010	2019	10 - 40 Years
13 Taco Bell	(2)	1982 through 2010	2019	10 - 40 Years
28 Uncle Ed's Oil Shoppe	(2)	1959 through 1999	2019	10 - 40 Years

	Accumulated Depreciation(1)	Date of Construction	Date Acquired	Life on which Depreciation in Latest Income Statement is Computed
6 United Supermarkets	(2)	1979 through 1997	2019	10 - 40 Years
2 10 Box	(1)	1991	2019	10 - 40 Years
1 Adult & Pediatric Orthopedics	(1)	1991	2019	10 - 40 Years
1 Austin's Park n' Pizza	(1)	2003	2019	10 - 40 Years
2 Axels	(1)	1995 through 1996	2019	10 - 40 Years
2 Bricktown Brewery	(1)	1904 through 1984	2019	10 - 40 Years
5 Brookshire Brothers	(1)	1990 through 1999	2019	10 - 40 Years
1 CarMax	(1)	2005	2019	10 - 40 Years
1 Columbus Preparatory Academy	(1)	2004	2019	10 - 40 Years
1 ConForm Automotive	(1)	1987	2019	10 - 40 Years
12 Core & Main	(1)	1972 through 2001	2019	10 - 40 Years
4 Creme de la Creme	(1)	1999 through 2008	2019	10 - 40 Years
1 Dave & Buster's	(1)	1992	2019	10 - 40 Years
2 Diagnostic Health	(1)	1985 through 1997	2019	10 - 40 Years
2 Eddie Merlot's	(1)	1997 through 2003	2019	10 - 40 Years
5 Fuddruckers	(1)	1994 through 1995	2019	10 - 40 Years
2 Fusion Gyms	(1)	1987 through 1984	2019	10 - 40 Years
3 Golden Corral	(1)	1993 through 2000	2019	10 - 40 Years
2 Heytex USA	(1)	2008 through 2016	2019	10 - 40 Years
7 Hughes Supply	(1)	1993	2019	10 - 40 Years
1 Jack Stack Barbeque	(1)	1983	2019	10 - 40 Years
1 Joe's Crab Shack	(1)	1997	2019	10 - 40 Years
1 Kohl's	(1)	1986	2019	10 - 40 Years
3 Krispy Kreme	(1)	2000 through 2004	2019	10 - 40 Years
5 Lerner and Rowe	(1)	1973 through 2007	2019	10 - 40 Years
1 Marcus Theaters	(1)	1999	2019	10 - 40 Years
4 Meineke Car Care Center	(1)	1999 through 2000	2019	10 - 40 Years
1 Metaldyne BSM	(1)	1960	2019	10 - 40 Years
5 Mister Car Wash	(1)	1960 through 2002	2019	10 - 40 Years
3 Oregano's Pizza Bistro	(1)	1964 through 2006	2019	10 - 40 Years
5 Pike Nursery	(1)	1970 through 1996	2019	10 - 40 Years
5 Rite Aid	(1)	1901 through 2000	2019	10 - 40 Years
2 Sanford's Grub & Pub	(1)	1928 through 2003	2019	10 - 40 Years
9 Sonic Drive-In	(1)	1987 through 2010	2019	10 - 40 Years
1 Sportsman's Warehouse	(1)	1983	2019	10 - 40 Years
3 Texas Roadhouse	(1)	2003 to 2005	2019	10 - 40 Years
2 Walgreens	(1)	1999 through 2000	2019	10 - 40 Years
3 Wendy's	(1)	1984 through 1989	2019	10 - 40 Years
1 Academy Sports + Outdoors	—	2016	2019	10 - 40 Years
2 Affordable Care, Inc.	—	2008 through 2010	2019	10 - 40 Years
2 Anixter	—	1984 through 1999	2019	10 - 40 Years
1 Applebee's	—	1996	2019	10 - 40 Years
1 Ashley Furniture	—	1973	2019	10 - 40 Years
1 Baptist Emergency Hospital	—	2013	2019	10 - 40 Years
1 Bigham Cable	—	1982	2019	10 - 40 Years
1 Black Angus Steakhouse	—	1996	2019	10 - 40 Years

	Accumulated Depreciation(1)	Date of Construction	Date Acquired	Life on which Depreciation in Latest Income Statement is Computed
2 Blue Rhino	—	2004	2019	10 - 40 Years
1 Boozman-Hof	—	1988	2019	10 - 40 Years
1 Bridgestone Tire	—	1998	2019	10 - 40 Years
1 Bru Burger Bar	—	1996	2019	10 - 40 Years
1 Buffalo Wild Wings	—	2014	2019	10 - 40 Years
1 Caldwell Country Chevrolet	—	2000	2019	10 - 40 Years
1 Chicken Salad Chick	—	1976	2019	10 - 40 Years
1 Columbus Arts & Tech Academy	—	1980	2019	10 - 40 Years
1 Consolidated Pipe	—	1987	2019	10 - 40 Years
1 Cycle Gear	—	1996	2019	10 - 40 Years
1 Del Taco	—	1992	2019	10 - 40 Years
2 Dollar General	—	2012 through 2015	2019	10 - 40 Years
1 Dunkin Donuts	—	1977	2019	10 - 40 Years
1 El Forastero	—	1992	2019	10 - 40 Years
1 ERA Capital	—	1999	2019	10 - 40 Years
1 Eriks Bike Shop	—	1996	2019	10 - 40 Years
1 Family Dollar Stores	—	1988	2019	10 - 40 Years
2 Famous Dave's	—	1997 through 1999	2019	10 - 40 Years
1 Fazoli's	—	1982	2019	10 - 40 Years
2 Flying Star Cafe	—	1994 through 1999	2019	10 - 40 Years
3 Focus Child Development Center	—	1965 through 1998	2019	10 - 40 Years
2 Gerber Collision & Glass	—	2001 through 2002	2019	10 - 40 Years
2 HD Supply White Cap	—	1990 through 2001	2019	10 - 40 Years
2 Hooters	—	1997 through 1994	2019	10 - 40 Years
1 Howlin Concrete	—	1975	2019	10 - 40 Years
3 Jack's Family Restaurant	—	2008 through 2016	2019	10 - 40 Years
1 Kerry's Car Care	—	2015	2019	10 - 40 Years
2 KFC	—	1977 through 2006	2019	10 - 40 Years
1 Kings Wings N Things	—	1997	2019	10 - 40 Years
1 LA Fitness	—	2012	2019	10 - 40 Years
1 Little Caesars	—	1996	2019	10 - 40 Years
1 Long John Silver's	—	1972 through 1987	2019	10 - 40 Years
1 Max & Erma's	—	1990 through 2007	2019	10 - 40 Years
2 Monterey's Tex Mex	—	1979 through 1997	2019	10 - 40 Years
1 NAPA Auto Parts	—	2001	2019	10 - 40 Years
1 Off the Hook Seafood & More	—	2007	2019	10 - 40 Years
1 Ojos Locos Sports Cantina	—	1993	2019	10 - 40 Years
1 Old Mexico Cantina	—	2007	2019	10 - 40 Years
1 O'Reilly Auto Parts	—	2006	2019	10 - 40 Years
2 Orscheln Farm and Home	—	1977 through 1986	2019	10 - 40 Years
1 Planet Fitness	—	2007	2019	10 - 40 Years
1 Rainbow Kids Clinic	—	2011	2019	10 - 40 Years
3 Rally's	—	1990 through 1992	2019	10 - 40 Years
1 Red Robin Gourmet Burgers	—	1995	2019	10 - 40 Years
1 RGB Eye Associates	—	2013	2019	10 - 40 Years
2 Rick Johnson Auto & Tire	—	1993	2019	10 - 40 Years

	Accumulated Depreciation(1)		Date of Construction	Date Acquired	Life on which Depreciation in Latest Income Statement is Computed
1 Schumacher Homes	—		2014	2019	10 - 40 Years
1 Sharks Fish & Chicken	—		2014	2019	10 - 40 Years
1 Slim Chickens	—		2013	2019	10 - 40 Years
1 Southwest Stainless, LP	—		1977 through1994	2019	10 - 40 Years
1 Spoons Place	—		1998	2019	10 - 40 Years
1 SRS Distribution	—		1975	2019	10 - 40 Years
2 Taco Bueno	—		1991 through 2003	2019	10 - 40 Years
1 The Atlanta Center for Foot & Ankle Surgery	—		1963	2019	10 - 40 Years
1 Touchstone Imaging	—		1992	2019	10 - 40 Years
1 Tractor Supply	—		2007	2019	10 - 40 Years
1 What the Buck	—		1958	2019	10 - 40 Years
1 Wings, Etc	—		2014	2019	10 - 40 Years
8 Vacant	—		1977 through 2006	2019	10 - 40 Years
Other	—
	$	(3,069)

(1)Excludes accumulated depreciation of $213 related to personal property classified in our consolidated balance sheets as furniture, fixtures and equipment.

SERVICE PROPERTIES TRUST

NOTES TO SCHEDULE III

December 31, 2021

(dollars in thousands)

(A)The change in total cost of properties for the period from January 1, 2019 to December 31, 2021 is as follows:

	2021		2020		2019
Balance at beginning of year	$	10,630,560	$	10,716,233	$	8,820,346
Additions: acquisitions and capital expenditures	86,016		99,141		1,983,380
Dispositions	(330,091)		(145,836)		—
Reclassification of properties held for sale	(596,475)		(38,978)		(87,493)
Balance at close of year	$	9,790,010	$	10,630,560	$	10,716,233

(B)The change in accumulated depreciation for the period from January 1, 2019 to December 31, 2021 is as follows:

	2021		2020		2019
Balance at beginning of year	$	3,047,016	$	2,851,121	$	2,574,297
Additions: depreciation expense	298,597		364,636		305,441
Dispositions	(153,699)		(143,814)		(28,617)
Reclassification of properties held for sale	(122,566)		(24,927)		—
Balance at close of year	$	3,069,348	$	3,047,016	$	2,851,121

(C)The aggregate cost tax basis for federal income tax purposes of our real estate properties was $8,056,671 on December 31, 2021.