☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, |
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to |
Maryland | 47-4456296 | |||||||
(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |
591 Redwood Highway, | Suite | Mill Valley, | CA | 94941 | ||||||||||
(Address of principal executive offices) |
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Common Stock, $0.0001 par value per share | FCPT | New York Stock Exchange |
Page | ||||||||
Part 1 | ||||||||
Item 1. | ||||||||
Item 1A. | ||||||||
Item 1B. | ||||||||
Item 2. | ||||||||
Item 3. | ||||||||
Item 4. | ||||||||
Part II | ||||||||
Item | ||||||||
Item 6. | ||||||||
Item 7. | ||||||||
Item 7A. | ||||||||
Item 8. | ||||||||
Item 9. | ||||||||
Item 9A. | ||||||||
Item 9B. | ||||||||
Item 9C. | ||||||||
Part III | ||||||||
Item 10. | ||||||||
Item 11. | ||||||||
Item 12. | ||||||||
Item 13. | ||||||||
Item 14. | ||||||||
Part IV | ||||||||
Item 15. | ||||||||
Item 16. | ||||||||
Signatures |
Brand | Number of FCPT Properties and Leasehold Interests | Total Square Feet (000s) | Annual Cash Base Rent $(000s) | % Total Cash Base Rent (1) | Avg. Rent Per Square Foot ($) | Tenant EBITDAR Coverage (2) | Lease Term Remaining (Yrs) (3) | ||||||||||||||||
Olive Garden | 312 | 2,654 | $ | 78,936 | 40.5 | % | $ | 30 | 5.0x | 7.7 | |||||||||||||
LongHorn Steakhouse | 115 | 645 | 22,360 | 11.5 | % | 35 | 4.4x | 6.5 | |||||||||||||||
Other Brands - Restaurant | 385 | 1,870 | 60,419 | 31.0 | % | 32 | 2.6x | 10.8 | |||||||||||||||
Other Brands - Retail | 197 | 1,478 | 28,629 | 14.7 | % | 19 | N/A | 6.4 | |||||||||||||||
Other Brands - Darden | 14 | 128 | 4,527 | 2.3 | % | 35 | 3.5x | 6.0 | |||||||||||||||
Total | 1,023 | 6,775 | $ | 194,871 | 100.0 | % | $ | 29 | 4.0x | 8.3 |
Brand | Number of FCPT Properties and Leasehold Interests | Total Square Feet (000s) | Annual Cash Base Rent $(000s) | % Total Cash Base Rent (1) | Avg. Rent Per Square Foot ($) | Tenant EBITDAR Coverage (2) | Lease Term Remaining (Yrs) (3) | ||||||||
Olive Garden | 304 | 2,593 | $ | 74,171 | 53.2 | % | $ | 29 | 5.4x | 10.7 | |||||
Longhorn Steakhouse | 109 | 608 | 20,471 | 14.7 | % | 34 | 4.6x | 9.6 | |||||||
Other Brands - non-Darden | 273 | 1,313 | 40,606 | 29.1 | % | 31 | 3.1x | 12.9 | |||||||
Other Brands - Darden | 13 | 120 | 4,167 | 3.0 | % | 35 | 3.9x | 8.9 | |||||||
Total | 699 | 4,634 | $ | 139,415 | 100.0 | % | $ | 30 | 4.7x | 11.1 |
State | # of Leases | % of Annual Base Rent | State | # of Leases | % of Annual Base Rent | |||||||||||||
Texas | 72 | 12.5% | Texas | 86 | 10.5% | |||||||||||||
Florida | 63 | 10.8% | Florida | 82 | 9.7% | |||||||||||||
Ohio | 50 | 6.9% | Ohio | 75 | 6.9% | |||||||||||||
Illinois | Illinois | 68 | 6.4% | |||||||||||||||
Georgia | 43 | 6.3% | Georgia | 59 | 5.7% | |||||||||||||
Indiana | Indiana | 61 | 4.1% | |||||||||||||||
Michigan | 38 | 4.3% | Michigan | 51 | 4.0% | |||||||||||||
Maryland | Maryland | 33 | 2.9% | |||||||||||||||
Tennessee | 28 | 3.6% | Tennessee | 29 | 2.9% | |||||||||||||
Indiana | 42 | 4.0% | ||||||||||||||||
Illinois | 32 | 3.4% | ||||||||||||||||
Virginia | Virginia | 28 | 2.7% | |||||||||||||||
New York | New York | 28 | 2.7% | |||||||||||||||
Pennsylvania | 19 | 3.0% | Pennsylvania | 24 | 2.7% | |||||||||||||
Alabama | Alabama | 35 | 2.6% | |||||||||||||||
North Carolina | North Carolina | 30 | 2.6% | |||||||||||||||
South Carolina | South Carolina | 28 | 2.4% | |||||||||||||||
California | 14 | 2.8% | California | 15 | 2.3% | |||||||||||||
North Carolina | 18 | 2.6% | ||||||||||||||||
Virginia | 19 | 2.4% | ||||||||||||||||
Wisconsin | Wisconsin | 30 | 2.2% | |||||||||||||||
Colorado | Colorado | 25 | 2.2% | |||||||||||||||
Mississippi | 18 | 2.4% | Mississippi | 24 | 2.2% | |||||||||||||
Maryland | 16 | 2.2% | ||||||||||||||||
South Carolina | 14 | 2.1% | ||||||||||||||||
Colorado | 20 | 2.2% | ||||||||||||||||
New York | 13 | 2.0% | ||||||||||||||||
Missouri | Missouri | 22 | 1.8% | |||||||||||||||
Iowa | 22 | 2.3% | Iowa | 23 | 1.8% | |||||||||||||
Wisconsin | 18 | 2.0% | ||||||||||||||||
Alabama | 15 | 1.7% | ||||||||||||||||
Louisiana | Louisiana | 18 | 1.7% | |||||||||||||||
Oklahoma | Oklahoma | 18 | 1.7% | |||||||||||||||
Kentucky | 11 | 1.7% | Kentucky | 20 | 1.7% | |||||||||||||
Kansas | Kansas | 14 | 1.5% | |||||||||||||||
Arizona | 11 | 1.7% | Arizona | 14 | 1.4% | |||||||||||||
Minnesota | 9 | 1.6% | Minnesota | 12 | 1.4% | |||||||||||||
Nevada | 8 | 1.6% | Nevada | 8 | 1.2% | |||||||||||||
Oklahoma | 10 | 1.7% | ||||||||||||||||
Louisiana | 9 | 1.5% | ||||||||||||||||
West Virginia | 6 | 1.1% | ||||||||||||||||
Missouri | 8 | 1.2% | ||||||||||||||||
Kansas | 5 | 1.0% | ||||||||||||||||
17 other states (none greater than 1%) | 51 | 7.7% | ||||||||||||||||
Arkansas | Arkansas | 10 | 1.0% | |||||||||||||||
18 other states (none greater than 1%) | 18 other states (none greater than 1%) | 73 | 7.1% | |||||||||||||||
Total | 702 | 100.0% | Total | 1,043 | 100.0% |
Record Date | Payment Date | Total Distribution ($ per share) | Form 1099 Box 1a Ordinary Taxable Dividend ($ per share) | Form 1099 Box 1b Qualified Taxable Dividend ($ per share) | Form 1099 Box 3 Return of Capital ($ per share) | Form 1099 Box 5 Section 199A Dividends ($ per share) | ||||||||||||||||
1/4/2019 | 1/14/2019 | $ | 0.2875 | $ | 0.2226 | $ | — | $ | 0.0649 | $ | 0.2226 | |||||||||||
3/29/2019 | 4/15/2019 | 0.2875 | 0.2226 | — | 0.0649 | 0.2226 | ||||||||||||||||
6/28/2019 | 7/15/2019 | 0.2875 | 0.2226 | — | 0.0649 | 0.2226 | ||||||||||||||||
9/27/2019 | 10/15/2019 | 0.2875 | 0.2226 | — | 0.0649 | 0.2226 | ||||||||||||||||
Totals | $ | 1.1500 | $ | 0.8904 | $ | — | $ | 0.2596 | $ | 0.8904 |
Record Date | Payment Date | Total Distribution ($ per share) | Form 1099 Box 1a Ordinary Taxable Dividend ($ per share) | Form 1099 Box 1b Qualified Taxable Dividend ($ per share) | Form 1099 Box 3 Return of Capital ($ per share) | Form 1099 Box 5 Section 199A Dividends ($ per share) | ||||||||||||||||||||||||||||||||
1/3/2022 | 1/14/2022 | $ | 0.3325 | $ | 0.3002 | $ | — | $ | 0.0323 | $ | 0.3002 | |||||||||||||||||||||||||||
3/31/2022 | 4/14/2022 | 0.3325 | 0.3002 | — | 0.0323 | 0.3002 | ||||||||||||||||||||||||||||||||
6/30/2022 | 7/15/2022 | 0.3325 | 0.3002 | — | 0.0323 | 0.3002 | ||||||||||||||||||||||||||||||||
9/30/2022 | 10/14/2022 | 0.3325 | 0.3002 | — | 0.0323 | 0.3002 | ||||||||||||||||||||||||||||||||
Totals | $ | 1.3300 | $ | 1.2008 | $ | — | $ | 0.1292 | $ | 1.2008 |
Year Ended December 31, | ||||||||||||||||||||
(In thousands, except per share data) | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
Revenues | $ | 160,233 | $ | 143,635 | $ | 133,209 | $ | 124,018 | $ | 33,456 | ||||||||||
Net income available to common shareholders (1) | $ | 72,616 | $ | 82,398 | $ | 71,394 | $ | 156,809 | $ | 5,699 | ||||||||||
Earnings per share: | ||||||||||||||||||||
Basic | $ | 1.06 | $ | 1.29 | $ | 1.18 | $ | 2.75 | — | |||||||||||
Diluted | $ | 1.06 | $ | 1.28 | $ | 1.18 | $ | 2.63 | — | |||||||||||
Cash dividends declared per share of common stock | $ | 1.1675 | $ | 1.1125 | $ | 1.0025 | NA | NA |
At December 31, | ||||||||||||||||||||
(In thousands) | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
Real estate investments: | ||||||||||||||||||||
Land | $ | 690,575 | $ | 569,057 | $ | 449,331 | $ | 421,941 | $ | 404,812 | ||||||||||
Buildings, equipment and improvements | 1,277,159 | 1,236,224 | 1,115,624 | 1,055,624 | 992,418 | |||||||||||||||
Total real estate investments | 1,967,734 | 1,805,281 | 1,564,955 | 1,477,565 | 1,397,230 | |||||||||||||||
Less: accumulated depreciation | (635,630 | ) | (614,584 | ) | (598,846 | ) | (583,307 | ) | (568,539 | ) | ||||||||||
Total real estate investments, net | $ | 1,332,104 | $ | 1,190,697 | $ | 966,109 | $ | 894,258 | $ | 828,691 | ||||||||||
Total assets | $ | 1,446,070 | $ | 1,343,098 | $ | 1,068,659 | $ | 937,151 | $ | 929,437 | ||||||||||
Total liabilities | 719,329 | 644,134 | 546,391 | 467,034 | 487,795 | |||||||||||||||
Total equity | 726,741 | 698,964 | 522,268 | 470,117 | 441,642 |
Year Ended December 31, | ||||||||||||||||||||
(In thousands) | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
Cash flows provided by operating activities | $ | 104,673 | $ | 80,883 | $ | 78,945 | $ | 70,939 | $ | 21,693 | ||||||||||
Cash flows used in investing activities | (207,353 | ) | (247,046 | ) | (80,414 | ) | (59,322 | ) | (556 | ) | ||||||||||
Cash flows provided by (used in) financing activities | 14,521 | 190,034 | 44,197 | (83,047 | ) | 76,929 |
Year Ended December 31, | Year Ended December 31, | |||||||||||||||||||||||||||||||
(In thousands) | 2019 | 2018 | 2017 | (In thousands) | 2022 | 2021 | 2020 | |||||||||||||||||||||||||
Revenues: | Revenues: | |||||||||||||||||||||||||||||||
Rental | $ | 139,682 | $ | 123,665 | $ | 113,937 | Rental | $ | 193,611 | $ | 172,812 | $ | 154,721 | |||||||||||||||||||
Restaurant | 20,551 | 19,970 | 19,272 | Restaurant | 29,583 | 26,566 | 16,223 | |||||||||||||||||||||||||
Total revenues | 160,233 | 143,635 | 133,209 | Total revenues | 223,194 | 199,378 | 170,944 | |||||||||||||||||||||||||
Operating expenses: | Operating expenses: | |||||||||||||||||||||||||||||||
General and administrative | 13,934 | 13,206 | 11,976 | General and administrative | 20,043 | 17,650 | 15,046 | |||||||||||||||||||||||||
Depreciation and amortization | 26,312 | 23,884 | 21,811 | Depreciation and amortization | 41,471 | 34,826 | 29,433 | |||||||||||||||||||||||||
Property | 1,579 | 433 | 283 | Property | 7,989 | 5,040 | 3,508 | |||||||||||||||||||||||||
Restaurant | 19,632 | 19,014 | 18,652 | Restaurant | 27,822 | 24,563 | 16,082 | |||||||||||||||||||||||||
Total operating expenses | 61,457 | 56,537 | 52,722 | Total operating expenses | 97,325 | 82,079 | 64,069 | |||||||||||||||||||||||||
Interest expense | (26,516 | ) | (19,959 | ) | (19,469 | ) | Interest expense | (36,405) | (32,555) | (29,231) | ||||||||||||||||||||||
Other income, net | 944 | 781 | 324 | Other income, net | 542 | 36 | 170 | |||||||||||||||||||||||||
Realized gain on sale, net | — | 15,271 | 10,532 | Realized gain on sale, net | 8,139 | 431 | — | |||||||||||||||||||||||||
Income tax (expense) benefit | (265 | ) | (262 | ) | 18 | |||||||||||||||||||||||||||
Income tax benefit (expense) | Income tax benefit (expense) | (237) | 534 | (247) | ||||||||||||||||||||||||||||
Net income | 72,939 | 82,929 | 71,892 | Net income | 97,908 | 85,745 | 77,567 | |||||||||||||||||||||||||
Net income attributable to noncontrolling interest | (323 | ) | (531 | ) | (498 | ) | Net income attributable to noncontrolling interest | (136) | (164) | (235) | ||||||||||||||||||||||
Net Income Available to Common Shareholders | $ | 72,616 | $ | 82,398 | $ | 71,394 | Net Income Available to Common Shareholders | $ | 97,772 | $ | 85,581 | $ | 77,332 |
Year Ended December 31, | ||||||||||||||
2019 | 2018 | |||||||||||||
(Dollars in thousands) | $ | % of Segment Revenues | $ | % of Segment Revenues | ||||||||||
Restaurant revenues | $ | 20,551 | 100.0 | % | $ | 19,970 | 100.0 | % | ||||||
Restaurant expenses: | ||||||||||||||
Food and beverage | 7,837 | 38.1 | % | 7,594 | 38.0 | % | ||||||||
Restaurant labor | 6,570 | 32.0 | % | 6,180 | 30.9 | % | ||||||||
Other restaurant expenses (1) | 5,635 | 27.4 | % | 5,641 | 28.2 | % | ||||||||
Total restaurant expenses | 20,042 | 97.5 | % | 19,415 | 97.2 | % | ||||||||
Restaurant Operations, Net | $ | 509 | $ | 555 |
Notional Amount ($ in thousands) | Effective Date | Maturity Date | Fixed Rate to Pay | Variable Rate to Receive | ||||||||||
$ | 100,000 | 10/25/2022 | 11/9/2023 | 2.19 | % | Daily Simple SOFR + 10 bps | ||||||||
150,000 | 11/9/2022 | 11/9/2024 | 1.88 | % | Daily Simple SOFR + 10 bps | |||||||||
50,000 | 10/25/2022 | 11/9/2025 | 0.44 | % | Daily Simple SOFR + 10 bps | |||||||||
25,000 | 11/9/2022 | 11/9/2025 | 2.70 | % | Daily Simple SOFR + 10 bps | |||||||||
50,000 | 11/9/2023 | 11/9/2025 | 0.82 | % | Daily Simple SOFR + 10 bps | |||||||||
25,000 | 11/9/2023 | 11/9/2026 | 3.65 | % | Daily Simple SOFR + 10 bps | |||||||||
25,000 | 10/25/2025 | 11/9/2028 | 2.25 | % | 1m Term SOFR | |||||||||
50,000 | 11/10/2025 | 11/9/2027 | 1.48 | % | Daily Simple SOFR + 10 bps | |||||||||
50,000 | 11/10/2025 | 11/9/2027 | 1.54 | % | Daily Simple SOFR + 10 bps | |||||||||
50,000 | 11/10/2025 | 11/9/2028 | 1.49 | % | Daily Simple SOFR + 10 bps | |||||||||
50,000 | 11/10/2025 | 11/9/2028 | 2.02 | % | Daily Simple SOFR + 10 bps |
Maturity | Interest | Outstanding Balance | ||||||||||||||||||
(Dollars in thousands) | Date | Rate | December 31, 2022 | |||||||||||||||||
Notes Payable: | ||||||||||||||||||||
Senior unsecured fixed rate note, issued June 2017 | Jun 2024 | 4.68 | % | $ | 50,000 | |||||||||||||||
Senior unsecured fixed rate note, issued December 2018 | Dec 2026 | 4.63 | % | 50,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued June 2017 | Jun 2027 | 4.93 | % | 75,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued December 2018 | Dec 2028 | 4.76 | % | 50,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued April 2021 | Apr 2029 | 2.74 | % | 50,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued March 2020 | Jun 2029 | 3.15 | % | 50,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued March 2020 | Apr 2030 | 3.20 | % | 75,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued March 2022 | Mar 2031 | 3.09 | % | 50,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued April 2021 | Apr 2031 | 2.99 | % | 50,000 | ||||||||||||||||
Senior unsecured fixed rate note, issued March 2022 | Mar 2032 | 3.11 | % | 75,000 | ||||||||||||||||
Total Notes | $ | 575,000 |
(In millions) | Less than 1 Year | 1 – 3 Years | 3 – 5 Years | More than 5 Years | Total | |||||||||||||||
Long-term debt (1) | $ | — | $ | 202.0 | $ | 300.0 | $ | 175.0 | $ | 677.0 | ||||||||||
Interest payments on long-term obligations (2) | 24.9 | 46.7 | 27.5 | 23.0 | 122.1 | |||||||||||||||
Commitments under non-cancellable operating leases | 0.4 | 0.1 | — | — | 0.5 | |||||||||||||||
Total Contractual Obligations and Commitments | $ | 25.3 | $ | 248.8 | $ | 327.5 | $ | 198.0 | $ | 799.6 |
Year Ended December 31, | Year Ended December 31, | |||||||||||||||||||||||||||||||
(In thousands, except share and per share data) | 2019 | 2018 | 2017 | (In thousands, except share and per share data) | 2022 | 2021 | 2020 | |||||||||||||||||||||||||
Net income | $ | 72,939 | $ | 82,929 | $ | 71,892 | Net income | $ | 97,908 | $ | 85,745 | $ | 77,567 | |||||||||||||||||||
Depreciation and amortization | 26,158 | 22,287 | 21,547 | Depreciation and amortization | 41,342 | 34,715 | 29,351 | |||||||||||||||||||||||||
Realized gain on sales of real estate | — | (15,271 | ) | (10,532 | ) | Realized gain on sales of real estate | (8,139) | (431) | — | |||||||||||||||||||||||
Provision for impairment | — | 1,530 | 228 | |||||||||||||||||||||||||||||
Realized gain on exchange of real estate (1) | — | (228 | ) | — | ||||||||||||||||||||||||||||
Funds from Operations (FFO) (as defined by NAREIT) | 99,097 | 91,247 | 83,135 | Funds from Operations (FFO) (as defined by NAREIT) | 131,111 | 120,029 | 106,918 | |||||||||||||||||||||||||
Straight-line rent adjustment | (9,207 | ) | (9,288 | ) | (9,536 | ) | Straight-line rent adjustment | (6,372) | (7,583) | (8,588) | ||||||||||||||||||||||
Recognized rental revenue abated (1) | Recognized rental revenue abated (1) | — | — | (1,568) | ||||||||||||||||||||||||||||
Deferred income tax benefit (2) | Deferred income tax benefit (2) | (125) | (864) | — | ||||||||||||||||||||||||||||
Stock-based compensation expense | 3,602 | 3,967 | 2,676 | Stock-based compensation expense | 4,978 | 3,948 | 3,376 | |||||||||||||||||||||||||
Non-cash amortization of deferred financing costs | 2,050 | 1,834 | 2,144 | Non-cash amortization of deferred financing costs | 2,104 | 2,368 | 2,132 | |||||||||||||||||||||||||
Other non-cash interest expense (income) | (4 | ) | 29 | 145 | ||||||||||||||||||||||||||||
Non-real estate investment depreciation | 154 | 67 | 36 | Non-real estate investment depreciation | 129 | 111 | 82 | |||||||||||||||||||||||||
Amortization of above and below market leases, net | 158 | 64 | — | Amortization of above and below market leases, net | 2,151 | 2,119 | 1,296 | |||||||||||||||||||||||||
Adjusted Funds from Operations (AFFO) | $ | 95,850 | $ | 87,920 | $ | 78,600 | Adjusted Funds from Operations (AFFO) | $ | 133,976 | $ | 120,128 | $ | 103,648 | |||||||||||||||||||
Fully diluted shares outstanding (2) | 68,937,263 | 64,798,250 | 61,014,256 | |||||||||||||||||||||||||||||
Fully diluted shares outstanding (3) | Fully diluted shares outstanding (3) | 81,921,624 | 76,986,538 | 71,823,973 | ||||||||||||||||||||||||||||
FFO per diluted share | $ | 1.44 | $ | 1.41 | $ | 1.36 | FFO per diluted share | $ | 1.60 | $ | 1.56 | $ | 1.49 | |||||||||||||||||||
AFFO per diluted share | $ | 1.39 | $ | 1.36 | $ | 1.29 | AFFO per diluted share | $ | 1.64 | $ | 1.56 | $ | 1.44 | |||||||||||||||||||
(1) Non-cash gain recognized for GAAP purposes on the transfer of nonfinancial assets related to an excess land parcel exchange. | ||||||||||||||||||||||||||||||||
(2) Assumes the issuance of common shares for OP units held by non-controlling interests. | ||||||||||||||||||||||||||||||||
(1) Amount represents base rent that the Company abated as a result of lease amendments. In 2020, the Company abated $1.57 million of rental revenue recognized in the second and third quarters of 2020. The receivables associated with the abatements were recognized as lease incentives and will be amortized as a reduction to rental revenue over the amended lease terms. | (1) Amount represents base rent that the Company abated as a result of lease amendments. In 2020, the Company abated $1.57 million of rental revenue recognized in the second and third quarters of 2020. The receivables associated with the abatements were recognized as lease incentives and will be amortized as a reduction to rental revenue over the amended lease terms. | |||||||||||||||||||||||||||||||
(2) Amount represents non-cash deferred income tax benefit in 2022 and the removal of a valuation allowance on net deferred tax assets in 2021 at Kerrow Restaurant Operating Business. | (2) Amount represents non-cash deferred income tax benefit in 2022 and the removal of a valuation allowance on net deferred tax assets in 2021 at Kerrow Restaurant Operating Business. | |||||||||||||||||||||||||||||||
(3) Assumes the issuance of common shares for OP units held by non-controlling interests. | (3) Assumes the issuance of common shares for OP units held by non-controlling interests. |
Audited Consolidated Financial Statements | ||||||||
Reports of Independent Registered Public Accounting Firm (Auditor Firm ID: 185) | F- | |||||||
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December 31, | December 31, | |||||||||||||||||||||
2019 | 2018 | 2022 | 2021 | |||||||||||||||||||
ASSETS | ASSETS | |||||||||||||||||||||
Real estate investments: | Real estate investments: | |||||||||||||||||||||
Land | $ | 690,575 | $ | 569,057 | Land | $ | 1,115,827 | $ | 966,565 | |||||||||||||
Buildings, equipment and improvements | 1,277,159 | 1,236,224 | Buildings, equipment and improvements | 1,539,875 | 1,437,840 | |||||||||||||||||
Total real estate investments | 1,967,734 | 1,805,281 | Total real estate investments | 2,655,702 | 2,404,405 | |||||||||||||||||
Less: Accumulated depreciation | (635,630 | ) | (614,584 | ) | Less: Accumulated depreciation | (706,702) | (682,430) | |||||||||||||||
Real estate investments, net | 1,332,104 | 1,190,697 | Real estate investments, net | 1,949,000 | 1,721,975 | |||||||||||||||||
Intangible real estate assets, net | 57,917 | 18,998 | Intangible real estate assets, net | 106,206 | 104,251 | |||||||||||||||||
Total real estate investments and intangible real estate assets, net | 1,390,021 | 1,209,695 | Total real estate investments and intangible real estate assets, net | 2,055,206 | 1,826,226 | |||||||||||||||||
Real estate held for sale | Real estate held for sale | 7,522 | — | |||||||||||||||||||
Cash and cash equivalents | 5,083 | 92,041 | Cash and cash equivalents | 26,296 | 6,300 | |||||||||||||||||
Straight-line rent adjustment | 39,350 | 30,141 | Straight-line rent adjustment | 61,027 | 55,397 | |||||||||||||||||
Derivative assets | 1,451 | 5,982 | Derivative assets | 35,276 | 2,591 | |||||||||||||||||
Deferred tax assets | Deferred tax assets | 988 | 864 | |||||||||||||||||||
Other assets | 10,165 | 5,239 | Other assets | 12,272 | 11,602 | |||||||||||||||||
Total Assets | $ | 1,446,070 | $ | 1,343,098 | Total Assets | $ | 2,198,587 | $ | 1,902,980 | |||||||||||||
LIABILITIES AND EQUITY | LIABILITIES AND EQUITY | |||||||||||||||||||||
Liabilities: | Liabilities: | |||||||||||||||||||||
Long-term debt, net of deferred financing costs | $ | 669,940 | $ | 615,892 | Long-term debt, net of deferred financing costs | $ | 995,477 | $ | 877,591 | |||||||||||||
Dividends payable | 21,325 | 19,580 | Dividends payable | 29,064 | 26,655 | |||||||||||||||||
Rent received in advance | 10,463 | 1,609 | Rent received in advance | 11,710 | 11,311 | |||||||||||||||||
Derivative liabilities | 5,005 | — | Derivative liabilities | 9 | 7,517 | |||||||||||||||||
Other liabilities | 12,596 | 7,053 | Other liabilities | 24,017 | 16,014 | |||||||||||||||||
Total liabilities | 719,329 | 644,134 | Total liabilities | 1,060,277 | 939,088 | |||||||||||||||||
Equity: | Equity: | |||||||||||||||||||||
Preferred stock, par value $0.0001 per share, 25,000,000 authorized, zero shares issued and outstanding. | — | — | Preferred stock, par value $0.0001 per share, 25,000,000 authorized, zero shares issued and outstanding. | — | — | |||||||||||||||||
Common stock, par value $0.0001 per share; 500,000,000 shares authorized, 70,020,660 and 68,204,045 shares issued and outstanding at December 31, 2019 and 2018, respectively | 7 | 7 | ||||||||||||||||||||
Common stock, par value $0.0001 per share; 500,000,000 shares authorized, 85,637,293 and 80,279,217 shares issued and outstanding at December 31, 2022 and 2021, respectively | Common stock, par value $0.0001 per share; 500,000,000 shares authorized, 85,637,293 and 80,279,217 shares issued and outstanding at December 31, 2022 and 2021, respectively | 9 | 8 | |||||||||||||||||||
Additional paid-in capital | 686,181 | 639,116 | Additional paid-in capital | 1,104,522 | 958,737 | |||||||||||||||||
Retained earnings | 38,401 | 46,018 | Retained earnings | 576 | 12,753 | |||||||||||||||||
Accumulated other comprehensive (loss) income | (3,539 | ) | 5,956 | |||||||||||||||||||
Accumulated other comprehensive income (loss) | Accumulated other comprehensive income (loss) | 30,944 | (9,824) | |||||||||||||||||||
Noncontrolling interests | 5,691 | 7,867 | Noncontrolling interests | 2,259 | 2,218 | |||||||||||||||||
Total equity | 726,741 | 698,964 | Total equity | 1,138,310 | 963,892 | |||||||||||||||||
Total Liabilities and Equity | $ | 1,446,070 | $ | 1,343,098 | Total Liabilities and Equity | $ | 2,198,587 | $ | 1,902,980 |
Year Ended December 31, | ||||||||||||||||||||
2022 | 2021 | 2020 | ||||||||||||||||||
Revenues: | ||||||||||||||||||||
Rental | $ | 193,611 | $ | 172,812 | $ | 154,721 | ||||||||||||||
Restaurant | 29,583 | 26,566 | 16,223 | |||||||||||||||||
Total revenues | 223,194 | 199,378 | 170,944 | |||||||||||||||||
Operating expenses: | ||||||||||||||||||||
General and administrative | 20,043 | 17,650 | 15,046 | |||||||||||||||||
Depreciation and amortization | 41,471 | 34,826 | 29,433 | |||||||||||||||||
Property | 7,989 | 5,040 | 3,508 | |||||||||||||||||
Restaurant | 27,822 | 24,563 | 16,082 | |||||||||||||||||
Total operating expenses | 97,325 | 82,079 | 64,069 | |||||||||||||||||
Interest expense | (36,405) | (32,555) | (29,231) | |||||||||||||||||
Other income, net | 542 | 36 | 170 | |||||||||||||||||
Realized gain on sale, net | 8,139 | 431 | — | |||||||||||||||||
Income tax (expense) benefit | (237) | 534 | (247) | |||||||||||||||||
Net income | 97,908 | 85,745 | 77,567 | |||||||||||||||||
Net income attributable to noncontrolling interest | (136) | (164) | (235) | |||||||||||||||||
Net Income Available to Common Shareholders | $ | 97,772 | $ | 85,581 | $ | 77,332 | ||||||||||||||
Basic net income per share: | $ | 1.20 | $ | 1.12 | $ | 1.08 | ||||||||||||||
Diluted net income per share: | $ | 1.20 | $ | 1.11 | $ | 1.08 | ||||||||||||||
Weighted average number of common shares outstanding: | ||||||||||||||||||||
Basic | 81,590,124 | 76,674,046 | 71,312,326 | |||||||||||||||||
Diluted | 81,807,065 | 76,838,569 | 71,609,068 | |||||||||||||||||
Dividends declared per common share | $ | 1.3375 | $ | 1.2850 | $ | 1.2325 |
Year Ended December 31, | ||||||||||||
2019 | 2018 | 2017 | ||||||||||
Revenues: | ||||||||||||
Rental | $ | 139,682 | $ | 123,665 | $ | 113,937 | ||||||
Restaurant | 20,551 | 19,970 | 19,272 | |||||||||
Total revenues | 160,233 | 143,635 | 133,209 | |||||||||
Operating expenses: | ||||||||||||
General and administrative | 13,934 | 13,206 | 11,976 | |||||||||
Depreciation and amortization | 26,312 | 23,884 | 21,811 | |||||||||
Property | 1,579 | 433 | 283 | |||||||||
Restaurant | 19,632 | 19,014 | 18,652 | |||||||||
Total operating expenses | 61,457 | 56,537 | 52,722 | |||||||||
Interest expense | (26,516 | ) | (19,959 | ) | (19,469 | ) | ||||||
Other income, net | 944 | 781 | 324 | |||||||||
Realized gain on sale, net | — | 15,271 | 10,532 | |||||||||
Income tax (expense) benefit | (265 | ) | (262 | ) | 18 | |||||||
Net income | 72,939 | 82,929 | 71,892 | |||||||||
Net income attributable to noncontrolling interest | (323 | ) | (531 | ) | (498 | ) | ||||||
Net Income Available to Common Shareholders | $ | 72,616 | $ | 82,398 | $ | 71,394 | ||||||
Basic net income per share: | $ | 1.06 | $ | 1.29 | $ | 1.18 | ||||||
Diluted net income per share: | $ | 1.06 | $ | 1.28 | $ | 1.18 | ||||||
Weighted average number of common shares outstanding: | ||||||||||||
Basic | 68,430,841 | 64,041,255 | 60,627,423 | |||||||||
Diluted | 68,632,010 | 64,388,929 | 60,695,834 | |||||||||
Dividends declared per common share | $ | 1.1675 | $ | 1.1125 | $ | 1.0025 | ||||||
Year Ended December 31, | ||||||||||||||||||||
2022 | 2021 | 2020 | ||||||||||||||||||
Net income | $ | 97,908 | $ | 85,745 | $ | 77,567 | ||||||||||||||
Other comprehensive income (loss): | ||||||||||||||||||||
Effective portion of change in fair value of derivative instruments | 39,396 | 8,925 | (26,410) | |||||||||||||||||
Reclassification adjustment of derivative instruments included in net income | 1,430 | 6,977 | 4,170 | |||||||||||||||||
Other comprehensive income (loss) | 40,826 | 15,902 | (22,240) | |||||||||||||||||
Comprehensive income | 138,734 | 101,647 | 55,327 | |||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest | ||||||||||||||||||||
Net income attributable to noncontrolling interest | 136 | 164 | 235 | |||||||||||||||||
Other comprehensive income (loss) attributable to noncontrolling interest | 58 | 31 | (84) | |||||||||||||||||
Comprehensive income attributable to noncontrolling interest | 194 | 195 | 151 | |||||||||||||||||
Comprehensive Income Attributable to Common Shareholders | $ | 138,540 | $ | 101,452 | $ | 55,176 | ||||||||||||||
Year Ended December 31, | ||||||||||||
2019 | 2018 | 2017 | ||||||||||
Net income | $ | 72,939 | $ | 82,929 | $ | 71,892 | ||||||
Realized and unrealized (loss) gain on hedging instruments | (9,540 | ) | 1,022 | 4,297 | ||||||||
Comprehensive income | 63,399 | 83,951 | 76,189 | |||||||||
Less: comprehensive income attributable to noncontrolling interest | (278 | ) | (542 | ) | (524 | ) | ||||||
Comprehensive Income Attributable to Common Shareholders | $ | 63,121 | $ | 83,409 | $ | 75,665 | ||||||
Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interest | Total | |||||||||||||||||||||||||||||||||||||||
Shares | Amount | |||||||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2019 | 70,020,660 | $ | 7 | $ | 686,181 | $ | 38,401 | $ | (3,539) | $ | 5,691 | $ | 726,741 | |||||||||||||||||||||||||||||||
Net income | — | — | — | 77,332 | — | 235 | 77,567 | |||||||||||||||||||||||||||||||||||||
Realized and unrealized gain on derivative instruments | — | — | — | — | (22,156) | (84) | (22,240) | |||||||||||||||||||||||||||||||||||||
Redemption of OP units | 90,000 | — | 1,720 | — | — | (2,533) | (813) | |||||||||||||||||||||||||||||||||||||
Dividends paid and declared on common stock | — | — | — | (89,061) | — | (248) | (89,309) | |||||||||||||||||||||||||||||||||||||
ATM proceeds, net of issuance costs | 5,640,900 | 1 | 151,745 | — | — | 151,746 | ||||||||||||||||||||||||||||||||||||||
Stock-based compensation, net | 123,406 | — | 809 | — | — | — | 809 | |||||||||||||||||||||||||||||||||||||
Balance at December 31, 2020 | 75,874,966 | 8 | 840,455 | 26,672 | (25,695) | 3,061 | 844,501 | |||||||||||||||||||||||||||||||||||||
Net income | — | — | — | 85,581 | — | 164 | 85,745 | |||||||||||||||||||||||||||||||||||||
Realized and unrealized loss on derivative instruments | — | — | — | — | 15,871 | 31 | 15,902 | |||||||||||||||||||||||||||||||||||||
Redemption of OP units | 44,833 | — | 862 | — | — | (862) | — | |||||||||||||||||||||||||||||||||||||
Dividends paid and declared on common stock | — | — | — | (99,500) | — | (176) | (99,676) | |||||||||||||||||||||||||||||||||||||
ATM proceeds, net of issuance costs | 4,198,006 | — | 116,506 | — | — | — | 116,506 | |||||||||||||||||||||||||||||||||||||
Stock-based compensation, net | 161,412 | — | 914 | — | — | — | 914 | |||||||||||||||||||||||||||||||||||||
Balance at December 31, 2021 | 80,279,217 | 8 | 958,737 | 12,753 | (9,824) | 2,218 | 963,892 | |||||||||||||||||||||||||||||||||||||
Net income | — | — | — | 97,772 | — | 136 | 97,908 | |||||||||||||||||||||||||||||||||||||
Realized and unrealized loss on derivative instruments | — | — | — | — | 40,768 | 58 | 40,826 | |||||||||||||||||||||||||||||||||||||
Redemption of OP units | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||
Dividends paid and declared on common stock | — | — | — | (109,949) | — | (153) | (110,102) | |||||||||||||||||||||||||||||||||||||
ATM proceeds, net of issuance costs | 5,253,257 | 1 | 141,825 | — | — | — | 141,826 | |||||||||||||||||||||||||||||||||||||
Stock-based compensation, net | 104,819 | — | 3,960 | — | — | — | 3,960 | |||||||||||||||||||||||||||||||||||||
Balance at December 31, 2022 | 85,637,293 | $ | 9 | $ | 1,104,522 | $ | 576 | $ | 30,944 | $ | 2,259 | $ | 1,138,310 |
Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interest | Total | |||||||||||||||||||||
Shares | Amount | |||||||||||||||||||||||||
Balance at December 31, 2016 | 59,923,557 | 6 | $ | 438,864 | $ | 25,943 | $ | 207 | $ | 5,097 | $ | 470,117 | ||||||||||||||
Issuance of OP units | — | — | — | — | — | 2,620 | 2,620 | |||||||||||||||||||
Net income | — | — | — | 71,394 | — | 498 | 71,892 | |||||||||||||||||||
Realized and unrealized gain on derivative instruments | — | — | — | — | 4,271 | 26 | 4,297 | |||||||||||||||||||
Dividends and distributions paid and declared on common stock and OP units | — | — | — | (61,019 | ) | — | (460 | ) | (61,479 | ) | ||||||||||||||||
ATM proceeds, net of issuance costs | 1,347,010 | — | 32,145 | — | — | — | 32,145 | |||||||||||||||||||
Stock-based compensation, net | 58,922 | — | 2,676 | — | — | — | 2,676 | |||||||||||||||||||
Balance at December 31, 2017 | 61,329,489 | 6 | 473,685 | 36,318 | 4,478 | 7,781 | 522,268 | |||||||||||||||||||
ASU 2017-12 Transition Adjustment | — | — | — | (467 | ) | 467 | — | — | ||||||||||||||||||
Net income | — | — | 82,398 | — | 531 | 82,929 | ||||||||||||||||||||
Realized and unrealized gain on derivative instruments | — | — | — | — | 1,011 | 11 | 1,022 | |||||||||||||||||||
Equity offering, net of issuance costs | 4,025,000 | 1 | 96,324 | — | 96,325 | |||||||||||||||||||||
Dividends and distributions paid and declared on common stock and OP units | — | — | — | (72,231 | ) | — | (456 | ) | (72,687 | ) | ||||||||||||||||
ATM proceeds, net of issuance costs | 2,716,090 | — | 65,533 | — | — | 65,533 | ||||||||||||||||||||
Stock-based compensation, net | 133,466 | — | 3,574 | — | — | — | 3,574 | |||||||||||||||||||
Balance at December 31, 2018 | 68,204,045 | 7 | 639,116 | 46,018 | 5,956 | 7,867 | 698,964 | |||||||||||||||||||
Net income | — | — | — | 72,616 | — | 323 | 72,939 | |||||||||||||||||||
Realized and unrealized loss on derivative instruments | — | — | — | — | (9,495 | ) | (45 | ) | (9,540 | ) | ||||||||||||||||
Redemption of OP units | 5,966 | — | (1,068 | ) | — | — | (2,099 | ) | (3,167 | ) | ||||||||||||||||
Dividends paid and declared on common stock | — | — | — | (80,233 | ) | — | (355 | ) | (80,588 | ) | ||||||||||||||||
ATM proceeds, net of issuance costs | 1,663,116 | — | 47,233 | — | — | — | 47,233 | |||||||||||||||||||
Stock-based compensation, net | 147,533 | — | 900 | — | — | — | 900 | |||||||||||||||||||
Balance at December 31, 2019 | 70,020,660 | 7 | $ | 686,181 | $ | 38,401 | $ | (3,539 | ) | $ | 5,691 | $ | 726,741 |
Year Ended December 31, | Year Ended December 31, | |||||||||||||||||||||||||||||||
2019 | 2018 | 2017 | 2022 | 2021 | 2020 | |||||||||||||||||||||||||||
Cash flows - operating activities | Cash flows - operating activities | |||||||||||||||||||||||||||||||
Net income | $ | 72,939 | $ | 82,929 | 71,892 | Net income | $ | 97,908 | $ | 85,745 | $ | 77,567 | ||||||||||||||||||||
Adjustments to reconcile net income to cash provided by operating activities: | Adjustments to reconcile net income to cash provided by operating activities: | |||||||||||||||||||||||||||||||
Depreciation and amortization | 26,312 | 23,884 | 21,811 | Depreciation and amortization | 41,471 | 34,826 | 29,433 | |||||||||||||||||||||||||
Gain on disposal of land, building, and equipment | — | (15,271 | ) | (10,532 | ) | Gain on disposal of land, building, and equipment | (8,139) | (431) | — | |||||||||||||||||||||||
Gain on exchange of non-financial assets | — | (228 | ) | — | ||||||||||||||||||||||||||||
Non-cash revenue adjustments | 158 | 64 | — | Non-cash revenue adjustments | 2,151 | 2,119 | 1,296 | |||||||||||||||||||||||||
Amortization of financing costs | 2,050 | 1,834 | 2,144 | Amortization of financing costs | 2,104 | 2,368 | 2,132 | |||||||||||||||||||||||||
Stock-based compensation expense | 3,602 | 3,967 | 2,676 | Stock-based compensation expense | 4,978 | 3,948 | 3,376 | |||||||||||||||||||||||||
Deferred income taxes | — | — | (196 | ) | Deferred income taxes | (125) | (864) | — | ||||||||||||||||||||||||
Changes in assets and liabilities: | Changes in assets and liabilities: | |||||||||||||||||||||||||||||||
Derivative assets and liabilities | (4 | ) | 29 | 145 | Derivative assets and liabilities | 633 | 2,873 | (7,839) | ||||||||||||||||||||||||
Straight-line rent adjustment | (9,207 | ) | (9,288 | ) | (9,536 | ) | Straight-line rent adjustment | (6,372) | (7,583) | (8,588) | ||||||||||||||||||||||
Rent received in advance | 8,854 | (6,686 | ) | 321 | Rent received in advance | 399 | (615) | 1,463 | ||||||||||||||||||||||||
Intangible assets (lease incentives) | Intangible assets (lease incentives) | 72 | (1,215) | (4,238) | ||||||||||||||||||||||||||||
Other assets and liabilities | (31 | ) | (351 | ) | 220 | Other assets and liabilities | 6,920 | 1,245 | (3,144) | |||||||||||||||||||||||
Net cash provided by operating activities | 104,673 | 80,883 | 78,945 | Net cash provided by operating activities | 142,000 | 122,416 | 91,458 | |||||||||||||||||||||||||
Cash flows - investing activities | Cash flows - investing activities | |||||||||||||||||||||||||||||||
Investments in real estate | (205,154 | ) | (268,266 | ) | (95,112 | ) | Investments in real estate | (296,270) | (268,389) | (230,533) | ||||||||||||||||||||||
Net proceeds from sale of operating real estate | — | 21,139 | 15,645 | Net proceeds from sale of operating real estate | 24,986 | 3,343 | — | |||||||||||||||||||||||||
Advance deposits on acquisition of operating real estate | (2,199 | ) | 81 | (947 | ) | Advance deposits on acquisition of operating real estate | 384 | 129 | 1,460 | |||||||||||||||||||||||
Net cash used in investing activities | (207,353 | ) | (247,046 | ) | (80,414 | ) | Net cash used in investing activities | (270,900) | (264,917) | (229,073) | ||||||||||||||||||||||
Cash flows - financing activities | Cash flows - financing activities | |||||||||||||||||||||||||||||||
Net proceeds from ATM equity issuance | 47,233 | 65,533 | 32,145 | Net proceeds from ATM equity issuance | 141,826 | 116,506 | 151,746 | |||||||||||||||||||||||||
Net proceeds from equity offering | — | 96,325 | — | |||||||||||||||||||||||||||||
Proceeds from issuance of senior notes | — | 100,000 | 125,000 | Proceeds from issuance of senior notes | 125,000 | 100,000 | 125,000 | |||||||||||||||||||||||||
Proceeds from term loan borrowing | Proceeds from term loan borrowing | 30,000 | — | — | ||||||||||||||||||||||||||||
Payment of deferred financing costs | — | (1,481 | ) | (5,500 | ) | Payment of deferred financing costs | (3,219) | (4,656) | (1,194) | |||||||||||||||||||||||
Proceeds from revolving credit facility | 52,000 | 25,000 | 36,000 | Proceeds from revolving credit facility | 28,000 | 190,500 | 176,500 | |||||||||||||||||||||||||
Repayment of revolving credit facility | — | (25,000 | ) | (81,000 | ) | Repayment of revolving credit facility | (64,000) | (164,500) | (218,500) | |||||||||||||||||||||||
Payment of dividend to shareholders | (78,488 | ) | (69,494 | ) | (58,695 | ) | Payment of dividend to shareholders | (107,540) | (96,903) | (86,328) | ||||||||||||||||||||||
Distribution to non-controlling interests | (355 | ) | (456 | ) | (460 | ) | Distribution to non-controlling interests | (153) | (176) | (248) | ||||||||||||||||||||||
Redemption of non-controlling interests | (3,167 | ) | — | (988 | ) | Redemption of non-controlling interests | — | — | (813) | |||||||||||||||||||||||
Repayment of debt assumed in purchase of real estate investments | — | — | (2,305 | ) | ||||||||||||||||||||||||||||
Shares withheld for taxes upon vesting | (2,702 | ) | (393 | ) | — | Shares withheld for taxes upon vesting | (1,018) | (3,034) | (2,567) | |||||||||||||||||||||||
Net cash provided by financing activities | 14,521 | 190,034 | 44,197 | Net cash provided by financing activities | 148,896 | 137,737 | 143,596 | |||||||||||||||||||||||||
Net (decrease) increase in cash and cash equivalents, including restricted cash | (88,159 | ) | 23,871 | 42,728 | ||||||||||||||||||||||||||||
Net increase (decrease) in cash and cash equivalents, including restricted cash | Net increase (decrease) in cash and cash equivalents, including restricted cash | 19,996 | (4,764) | 5,981 | ||||||||||||||||||||||||||||
Cash and cash equivalents, including restricted cash, beginning of year | 93,242 | 69,371 | 26,643 | Cash and cash equivalents, including restricted cash, beginning of year | 6,300 | 11,064 | 5,083 | |||||||||||||||||||||||||
Cash and cash equivalents, including restricted cash, ending of year | $ | 5,083 | $ | 93,242 | $ | 69,371 | Cash and cash equivalents, including restricted cash, ending of year | $ | 26,296 | $ | 6,300 | $ | 11,064 | |||||||||||||||||||
Supplemental disclosures: | Supplemental disclosures: | |||||||||||||||||||||||||||||||
Interest paid | $ | 25,948 | $ | 20,218 | $ | 14,102 | Interest paid | $ | 30,696 | $ | 22,745 | $ | 23,227 | |||||||||||||||||||
Taxes paid | $ | 589 | $ | 470 | $ | 561 | Taxes paid | $ | 332 | $ | 314 | $ | 597 | |||||||||||||||||||
Operating lease payments received (lessor) | $ | 129,699 | $ | — | $ | — | Operating lease payments received (lessor) | $ | 182,806 | $ | 163,376 | $ | 143,146 | |||||||||||||||||||
Operating lease payments remitted (lessee) | $ | 415 | $ | — | $ | — | Operating lease payments remitted (lessee) | $ | 903 | $ | 878 | $ | 698 | |||||||||||||||||||
Non - cash investing and financing activities: | Non - cash investing and financing activities: | |||||||||||||||||||||||||||||||
Dividends declared but not paid | $ | 21,325 | $ | 19,580 | $ | 16,843 | Dividends declared but not paid | $ | 29,064 | $ | 26,655 | $ | 24,058 | |||||||||||||||||||
Debt assumed in acquisition of real estate investments | $ | — | $ | — | $ | 2,305 | ||||||||||||||||||||||||||
Change in fair value of derivative instruments | $ | (9,536 | ) | $ | 993 | $ | 4,152 | Change in fair value of derivative instruments | $ | 40,193 | $ | 13,029 | $ | (14,401) | ||||||||||||||||||
Operating partner units issued in exchange for real estate investments | $ | — | $ | — | $ | 3,609 |
December 31, | ||||||||||||
(In thousands) | 2019 | 2018 | 2017 | |||||||||
Cash and cash equivalents | $ | 5,083 | $ | 92,041 | $ | 64,466 | ||||||
Restricted cash (included in Other assets) | — | 1,201 | 4,905 | |||||||||
Total Cash, Cash Equivalents, and Restricted Cash | $ | 5,083 | $ | 93,242 | $ | 69,371 |
December 31, | ||||||||||||||||||||
(In thousands) | 2022 | 2021 | 2020 | |||||||||||||||||
Cash and cash equivalents | $ | 26,296 | $ | 6,300 | $ | 11,064 | ||||||||||||||
Restricted cash (included in Other assets) | — | — | — | |||||||||||||||||
Total Cash, Cash Equivalents, and Restricted Cash | $ | 26,296 | $ | 6,300 | $ | 11,064 |
December 31, | ||||||||||||||
(In thousands) | 2022 | 2021 | ||||||||||||
Land | $ | 1,115,827 | $ | 966,565 | ||||||||||
Buildings and improvements | 1,404,198 | 1,302,114 | ||||||||||||
Equipment | 135,677 | 135,726 | ||||||||||||
Total gross real estate investments | 2,655,702 | 2,404,405 | ||||||||||||
Less: accumulated depreciation | (706,702) | (682,430) | ||||||||||||
Real estate investments, net | 1,949,000 | 1,721,975 | ||||||||||||
Intangible real estate assets, net | 106,206 | 104,251 | ||||||||||||
Total Real Estate Investments and Intangible Real Estate Assets, Net | $ | 2,055,206 | $ | 1,826,226 |
December 31, | ||||||||
(In thousands) | 2019 | 2018 | ||||||
Land | $ | 690,575 | $ | 569,057 | ||||
Buildings and improvements | 1,142,275 | 1,099,591 | ||||||
Equipment | 134,884 | 136,633 | ||||||
Total gross real estate investments | 1,967,734 | 1,805,281 | ||||||
Less: accumulated depreciation | (635,630 | ) | (614,584 | ) | ||||
Real estate investments, net | 1,332,104 | 1,190,697 | ||||||
Intangible real estate assets, net | 57,917 | 18,998 | ||||||
Total Real Estate Investments and Intangible Real Estate Assets, Net | $ | 1,390,021 | $ | 1,209,695 |
December 31, | ||||||||
(In thousands) | 2019 | 2018 | ||||||
Acquired in-place lease intangibles | $ | 38,844 | $ | 19,079 | ||||
Above-market leases | 7,754 | 1,318 | ||||||
Finance lease - right of use assets | 16,063 | — | ||||||
Total | 62,661 | 20,397 | ||||||
Less: accumulated amortization | (4,744 | ) | (1,399 | ) | ||||
Intangible Lease Assets, Net | $ | 57,917 | $ | 18,998 |
December 31, | ||||||||||||||
(In thousands) | 2022 | 2021 | ||||||||||||
Acquired in-place lease intangibles | $ | 109,371 | $ | 83,892 | ||||||||||
Above-market leases | 13,821 | 13,821 | ||||||||||||
Lease incentives | 6,989 | 7,061 | ||||||||||||
Finance lease - right of use assets | 16,201 | 24,383 | ||||||||||||
Direct lease cost | 153 | 87 | ||||||||||||
Total | 146,535 | 129,244 | ||||||||||||
Less: accumulated amortization | (40,329) | (24,993) | ||||||||||||
Intangible Real Estate Assets, Net | $ | 106,206 | $ | 104,251 |
December 31, | ||||||||
(In thousands) | 2019 | 2018 | ||||||
Below-market leases | $ | 1,923 | $ | 610 | ||||
Less: accumulated amortization | (155 | ) | (33 | ) | ||||
Intangible Lease Liabilities, Net | $ | 1,768 | $ | 577 |
December 31, | ||||||||||||||
(In thousands) | 2022 | 2021 | ||||||||||||
Below-market leases | $ | 2,610 | $ | 2,978 | ||||||||||
Less: accumulated amortization | (1,158) | (1,038) | ||||||||||||
Intangible Real Estate Liabilities, Net | $ | 1,452 | $ | 1,940 |
(In thousands) | December 31, 2019 | |||
2020 | $ | 5,347 | ||
2021 | 4,960 | |||
2022 | 4,655 | |||
2023 | 3,893 | |||
2024 | 3,494 | |||
Thereafter | 17,737 | |||
Total Future Amortization Expense | $ | 40,086 |
(In thousands) | December 31, 2022 | |||||||
2023 | $ | 15,808 | ||||||
2024 | 13,870 | |||||||
2025 | 11,568 | |||||||
2026 | 9,995 | |||||||
2027 | 8,052 | |||||||
Thereafter | 23,324 | |||||||
Total Future Amortization Expense | $ | 82,617 |
(In thousands) | December 31, 2018 | Upon Adoption (January 1, 2019) | As Adjusted | |||||||||
Operating lease right-of-use asset (included in other assets) | $ | — | $ | 5,723 | $ | 5,723 | ||||||
Operating lease liability (included in other liabilities) | — | 6,425 | 6,425 | |||||||||
Deferred rent payable | 702 | (702 | ) | — |
(In thousands) | December 31, 2019 | (In thousands) | December 31, 2022 | |||||||||
2020 | $ | 265 | ||||||||||
2021 | 282 | |||||||||||
2022 | 290 | |||||||||||
2023 | 290 | 2023 | $ | 705 | ||||||||
2024 | 290 | 2024 | 718 | |||||||||
2025 | 2025 | 470 | ||||||||||
2026 | 2026 | 310 | ||||||||||
2027 | 2027 | 319 | ||||||||||
Thereafter | 5,671 | Thereafter | 4,752 | |||||||||
Total Payments | 7,088 | Total Payments | 7,274 | |||||||||
Less: Interest | (2,685 | ) | Less: Interest | (2,133) | ||||||||
Operating Lease Liability | $ | 4,403 | Operating Lease Liability | $ | 5,141 |
(In thousands) | December 31, 2018 | |||
2019 | $ | 550 | ||
2020 | 400 | |||
2021 | 103 | |||
2022 and thereafter | — | |||
Total Future Lease Commitments | $ | 1,053 |
(In thousands) | Year Ended December 31, 2019 | |||
Lease revenue - operating leases | $ | 138,746 | ||
Variable lease revenue (tenant reimbursements) | 936 | |||
Total Rental Revenue | $ | 139,682 |
Year Ended December 31, | ||||||||||||||||||||
(In thousands) | 2022 | 2021 | 2020 | |||||||||||||||||
Lease revenue - operating leases | $ | 187,026 | $ | 169,005 | $ | 152,393 | ||||||||||||||
Variable lease revenue (tenant reimbursements) | 6,585 | 3,807 | 2,328 | |||||||||||||||||
Total Rental Revenue | $ | 193,611 | $ | 172,812 | $ | 154,721 |
(In thousands) | December 31, 2022 | |||||||
2023 | $ | 195,254 | ||||||
2024 | 195,254 | |||||||
2025 | 193,201 | |||||||
2026 | 191,693 | |||||||
2027 | 184,498 | |||||||
Thereafter | 801,043 | |||||||
Total Future Minimum Lease Payments | $ | 1,760,943 |
(In thousands) | December 31, 2019 | |||
2020 | $ | 140,395 | ||
2021 | 141,993 | |||
2022 | 143,263 | |||
2023 | 143,987 | |||
2024 | 145,732 | |||
Thereafter | 1,010,660 | |||
Total Future Minimum Lease Payments | $ | 1,726,030 |
Outstanding Balance | |||||||||||||
Maturity | Interest | December 31, | |||||||||||
(Dollars in thousands) | Date | Rate | 2019 | 2018 | |||||||||
Term Loans: | |||||||||||||
Term Loan 2022, amended and restated October 2017 & December 2018 | Nov 2022 | 3.07 | % | (a) | $ | 150,000 | $ | 150,000 | |||||
Term Loan 2023, extended December 2018 | Nov 2023 | 2.97 | % | (a) | 150,000 | 150,000 | |||||||
Term Loan 2024, extended December 2018 | Mar 2024 | 2.97 | % | (a) | 100,000 | 100,000 | |||||||
Total Term Loans | $ | 400,000 | $ | 400,000 | |||||||||
(a) Loan is a variable‑rate loan which resets monthly at one-month LIBOR + the applicable credit spread which was 1.25%-1.35% at December 31, 2019. |
Outstanding Balance | ||||||||||||||||||||||||||
Maturity | Interest | December 31, | ||||||||||||||||||||||||
(Dollars in thousands) | Date | Rate | 2022 | 2021 | ||||||||||||||||||||||
Term Loans: | ||||||||||||||||||||||||||
Term loan due 2023 | Nov 2023 | N/A | $ | — | $ | 50,000 | ||||||||||||||||||||
Term loan due 2024 | Mar 2024 | N/A | — | 100,000 | ||||||||||||||||||||||
Term loan due 2025 | Nov 2025 | 5.12% | (a) | 150,000 | 150,000 | |||||||||||||||||||||
Term loan due 2026 | Nov 2026 | 5.12% | (a) | 100,000 | 100,000 | |||||||||||||||||||||
Term loan due 2027 | Jan 2027 | 5.07% | (a) | 90,000 | — | |||||||||||||||||||||
Term loan due 2028 | Jan 2028 | 5.07% | (a) | 90,000 | — | |||||||||||||||||||||
Total Term Loans | $ | 430,000 | $ | 400,000 | ||||||||||||||||||||||
(a) Loan is a variable‑rate loan which resets daily at Daily Simple SOFR + applicable credit spread of 0.95% to 1.00% at December 31, 2022. |
Outstanding Balance | ||||||||||||||||||||||||||
Maturity | Interest | December 31, | ||||||||||||||||||||||||
(Dollars in thousands) | Date | Rate | 2022 | 2021 | ||||||||||||||||||||||
Notes Payable: | ||||||||||||||||||||||||||
Senior unsecured fixed rate note, issued June 2017 | Jun 2024 | 4.68 | % | $ | 50,000 | $ | 50,000 | |||||||||||||||||||
Senior unsecured fixed rate note, issued December 2018 | Dec 2026 | 4.63 | % | 50,000 | 50,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued June 2017 | Jun 2027 | 4.93 | % | 75,000 | 75,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued December 2018 | Dec 2028 | 4.76 | % | 50,000 | 50,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued April 2021 | Apr 2029 | 2.74 | % | 50,000 | 50,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued March 2020 | Jun 2029 | 3.15 | % | 50,000 | 50,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued March 2020 | Apr 2030 | 3.20 | % | 75,000 | 75,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued March 2022 | Mar 2031 | 3.09 | % | 50,000 | — | |||||||||||||||||||||
Senior unsecured fixed rate note, issued April 2021 | Apr 2031 | 2.99 | % | 50,000 | 50,000 | |||||||||||||||||||||
Senior unsecured fixed rate note, issued March 2022 | Mar 2032 | 3.11 | % | 75,000 | — | |||||||||||||||||||||
Total Notes | $ | 575,000 | $ | 450,000 |
Outstanding Balance | |||||||||||||
Maturity | Interest | December 31, | |||||||||||
(Dollars in thousands) | Date | Rate | 2019 | 2018 | |||||||||
Notes Payable: | |||||||||||||
Senior unsecured fixed rate note, issued June 2017 | Jun 2024 | 4.68 | % | $ | 50,000 | $ | 50,000 | ||||||
Senior unsecured fixed rate note, issued June 2017 | Jun 2027 | 4.93 | % | 75,000 | 75,000 | ||||||||
Senior unsecured fixed rate note, issued December 2018 | Dec 2026 | 4.63 | % | 50,000 | 50,000 | ||||||||
Senior unsecured fixed rate note, issued December 2018 | Dec 2028 | 4.76 | % | 50,000 | 50,000 | ||||||||
Total Notes | $ | 225,000 | $ | 225,000 |
Product | Fixed Rate | Notional (in thousands) | Index | Effective Date | Maturity Date | |||||||||||||||||||||||||||
Swap | 2.19 | % | $ | 100,000 | Daily Simple SOFR + 10 bps | 10/25/2022 | 11/9/2023 | |||||||||||||||||||||||||
Swap | 1.88 | % | 150,000 | Daily Simple SOFR + 10 bps | 11/9/2022 | 11/9/2024 | ||||||||||||||||||||||||||
Swap | 0.44 | % | 50,000 | Daily Simple SOFR + 10 bps | 10/25/2022 | 11/9/2025 | ||||||||||||||||||||||||||
Swap | 2.70 | % | 25,000 | Daily Simple SOFR + 10 bps | 11/9/2022 | 11/9/2025 | ||||||||||||||||||||||||||
Swap (1) | 0.82 | % | 50,000 | Daily Simple SOFR + 10 bps | 11/9/2023 | 11/9/2025 | ||||||||||||||||||||||||||
Swap | 3.65 | % | 25,000 | Daily Simple SOFR + 10 bps | 11/9/2023 | 11/9/2026 | ||||||||||||||||||||||||||
Swap | 2.25 | % | 25,000 | 1m Term SOFR | 10/25/2025 | 11/9/2028 | ||||||||||||||||||||||||||
Swap | 1.48 | % | 50,000 | Daily Simple SOFR + 10 bps | 11/10/2025 | 11/9/2027 | ||||||||||||||||||||||||||
Swap | 1.54 | % | 50,000 | Daily Simple SOFR + 10 bps | 11/10/2025 | 11/9/2027 | ||||||||||||||||||||||||||
Swap | 1.49 | % | 50,000 | Daily Simple SOFR + 10 bps | 11/10/2025 | 11/9/2028 | ||||||||||||||||||||||||||
Swap | 2.02 | % | 50,000 | Daily Simple SOFR + 10 bps | 11/10/2025 | 11/9/2028 | ||||||||||||||||||||||||||
(1) In November 2024, the notional amount of the swap will increase to $150 million. |
Product | Fixed Rate | Notional (in thousands) | Index | Effective Date | Maturity Date | |||||||
Swap | 1.56 | % | 200,000 | 1 mo. USD-LIBOR-BBA | 11/12/2015 | 11/9/2020 | ||||||
Swap | 1.96 | % | 100,000 | 1 mo. USD-LIBOR-BBA | 11/9/2018 | 11/9/2021 | ||||||
Swap | 2.30 | % | 100,000 | 1 mo. USD-LIBOR-BBA | 11/9/2020 | 11/9/2023 | ||||||
Swap (1) | 2.00 | % | 100,000 | 1 mo. USD-LIBOR-BBA | 11/9/2020 | 11/9/2022 | ||||||
Swap | 1.91 | % | 150,000 | 1 mo. USD-LIBOR-BBA | 11/9/2022 | 11/9/2024 | ||||||
Swap | 1.63 | % | 50,000 | 3 mo. USD-LIBOR-BBA | 7/31/2020 | 7/31/2030 | ||||||
(1) In November 2021, the notional amount of the swap increases to $200 million. |
Derivative Assets | Derivative Liabilities | |||||||||||||||||||
Balance Sheet Location | Fair Value at December 31, | Balance Sheet Location | Fair Value at December 31, | |||||||||||||||||
(Dollars in thousands) | 2019 | 2018 | 2019 | 2018 | ||||||||||||||||
Derivatives designated as hedging instruments: | ||||||||||||||||||||
Interest rate swaps | Derivative assets | $ | 1,451 | $ | 5,982 | Derivative liabilities | $ | 5,005 | $ | — | ||||||||||
Total | $ | 1,451 | $ | 5,982 | $ | 5,005 | $ | — |
Derivative Assets | Derivative Liabilities | |||||||||||||||||||||||||||||||||||||
Balance Sheet Location | Fair Value at December 31, | Balance Sheet Location | Fair Value at December 31, | |||||||||||||||||||||||||||||||||||
(Dollars in thousands) | 2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||||||||||||||||
Derivatives designated as hedging instruments: | ||||||||||||||||||||||||||||||||||||||
Interest rate swaps | Derivative assets | $ | 35,276 | $ | 2,591 | Derivative liabilities | $ | 9 | $ | 7,517 | ||||||||||||||||||||||||||||
Total | $ | 35,276 | $ | 2,591 | $ | 9 | $ | 7,517 |
(Dollars in thousands) | Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion) | Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) | Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) | Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) | Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amounts Excluded from Effectiveness Testing) | Total Amount of Interest Expense Presented in the Consolidated Income Statements | ||||||||||||||
Interest rate swaps | ||||||||||||||||||||
Year Ended December 31, 2019 | $ | (7,818 | ) | Interest expense | $ | 1,722 | Interest expense | $ | — | $ | 26,516 | |||||||||
Year Ended December 31, 2018 | 3,257 | Interest expense | 2,235 | Interest expense | — | 19,959 | ||||||||||||||
Year Ended December 31, 2017 | 2,942 | Interest expense | (1,355 | ) | Interest expense | 54 | 19,469 |
(Dollars in thousands) | Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion) | Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) | Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) | Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) | Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amounts Excluded from Effectiveness Testing) | Total Amount of Interest Expense Presented in the Consolidated Income Statements | ||||||||||||||||||||||||||||||||
Interest rate swaps | ||||||||||||||||||||||||||||||||||||||
Year Ended December 31, 2022 | $ | 39,396 | Interest expense | $ | 1,430 | Interest expense | $ | — | $ | 36,405 | ||||||||||||||||||||||||||||
Year Ended December 31, 2021 | 8,925 | Interest expense | 6,977 | Interest expense | — | 32,555 | ||||||||||||||||||||||||||||||||
Year Ended December 31, 2020 | (26,410) | Interest expense | 4,170 | Interest expense | — | 29,231 |
Offsetting of Derivative Assets | ||||||||||||||||||||||||||||||||||||||
Gross Amounts of Recognized Assets | Gross Amounts Offset in the Consolidated Balance Sheets | Net Amounts of Assets Presented in the Consolidated Balance Sheets | Gross Amounts Not Offset in the Consolidated Balance Sheets | |||||||||||||||||||||||||||||||||||
(In thousands) | Financial Instruments | Cash Collateral Received | Net Amount | |||||||||||||||||||||||||||||||||||
December 31, 2022 | $ | 35,276 | $ | — | $ | 35,276 | $ | (9) | $ | — | $ | 35,267 | ||||||||||||||||||||||||||
December 31, 2021 | 2,591 | — | 2,591 | (1,268) | — | 1,323 |
Offsetting of Derivative Assets | ||||||||||||||||||||||||
Gross Amounts of Recognized Assets | Gross Amounts Offset in the Consolidated Balance Sheets | Net Amounts of Assets Presented in the Consolidated Balance Sheets | Gross Amounts Not Offset in the Consolidated Balance Sheets | |||||||||||||||||||||
(In thousands) | Financial Instruments | Cash Collateral Received | Net Amount | |||||||||||||||||||||
December 31, 2019 | $ | 1,451 | $ | — | $ | 1,451 | $ | (1,451 | ) | $ | — | $ | — | |||||||||||
December 31, 2018 | 5,982 | — | 5,982 | — | — | 5,982 |
Offsetting of Derivative Liabilities | ||||||||||||||||||||||||
Gross Amounts of Recognized Liabilities | Gross Amounts Offset in the Consolidated Balance Sheets | Net Amounts of Liabilities Presented in the Consolidated Balance Sheets | Gross Amounts Not Offset in the Consolidated Balance Sheets | |||||||||||||||||||||
(In thousands) | Financial Instruments | Cash Collateral Posted | Net Amount | |||||||||||||||||||||
December 31, 2019 | $ | 5,005 | $ | — | $ | 5,005 | $ | (1,451 | ) | $ | — | $ | 3,554 | |||||||||||
December 31, 2018 | — | — | — | — | — | — |
Offsetting of Derivative Liabilities | ||||||||||||||||||||||||||||||||||||||
Gross Amounts of Recognized Liabilities | Gross Amounts Offset in the Consolidated Balance Sheets | Net Amounts of Liabilities Presented in the Consolidated Balance Sheets | Gross Amounts Not Offset in the Consolidated Balance Sheets | |||||||||||||||||||||||||||||||||||
(In thousands) | Financial Instruments | Cash Collateral Posted | Net Amount | |||||||||||||||||||||||||||||||||||
December 31, 2022 | $ | 9 | $ | — | $ | 9 | $ | (9) | $ | — | $ | — | ||||||||||||||||||||||||||
December 31, 2021 | 7,517 | — | 7,517 | (1,268) | — | 6,249 |
December 31, | ||||||||
(In thousands) | 2019 | 2018 | ||||||
Prepaid acquisition costs | $ | 4,219 | $ | 1,802 | ||||
Operating lease right-of-use asset | 3,810 | — | ||||||
Prepaid assets | 845 | 815 | ||||||
Accounts receivable | 380 | 782 | ||||||
Inventories | 196 | 183 | ||||||
Escrow deposits | — | 1,201 | ||||||
Other | 715 | 456 | ||||||
Total Other Assets | $ | 10,165 | $ | 5,239 |
December 31, | ||||||||||||||
(In thousands) | 2022 | 2021 | ||||||||||||
Operating lease right-of-use asset | $ | 4,428 | $ | 4,919 | ||||||||||
Accounts receivable | 2,661 | 1,312 | ||||||||||||
Prepaid acquisition costs and deposits | 2,079 | 3,049 | ||||||||||||
Prepaid assets | 1,300 | 1,375 | ||||||||||||
Inventories | 274 | 252 | ||||||||||||
Other | 1,530 | 695 | ||||||||||||
Total Other Assets | $ | 12,272 | $ | 11,602 |
December 31, | ||||||||||||||
(In thousands) | 2022 | 2021 | ||||||||||||
Tenant deposits | $ | 5,953 | $ | 961 | ||||||||||
Operating lease liability | 5,141 | 5,617 | ||||||||||||
Accrued interest expense | 3,845 | 2,066 | ||||||||||||
Accrued compensation | 2,700 | 2,547 | ||||||||||||
Accrued tenant property tax | 1,537 | — | ||||||||||||
Intangible real estate liabilities, net | 1,452 | 1,940 | ||||||||||||
Accounts payable | 766 | 550 | ||||||||||||
Accrued operating expenses | 257 | 286 | ||||||||||||
Other | 2,366 | 2,047 | ||||||||||||
Total Other Liabilities | $ | 24,017 | $ | 16,014 |
December 31, | ||||||||
(In thousands) | 2019 | 2018 | ||||||
Operating lease liability | $ | 4,403 | $ | — | ||||
Accrued compensation | 1,913 | 1,714 | ||||||
Intangible lease liabilities, net | 1,768 | 577 | ||||||
Accrued interest expense | 1,572 | 1,586 | ||||||
Accounts payable | 799 | 986 | ||||||
Accrued operating expenses | 396 | 486 | ||||||
Other | 1,745 | 1,704 | ||||||
Total Other Liabilities | $ | 12,596 | $ | 7,053 |
Year Ended December 31, | ||||||||||||
(In thousands except share and per share data) | 2019 | 2018 | 2017 | |||||||||
Average common shares outstanding – basic | 68,430,841 | 64,041,255 | 60,627,423 | |||||||||
Effect of dilutive stock based compensation | 201,169 | 347,674 | 68,411 | |||||||||
Average common shares outstanding – diluted | 68,632,010 | 64,388,929 | 60,695,834 | |||||||||
Net income | $ | 72,939 | $ | 82,929 | $ | 71,892 | ||||||
Basic net earnings per share | $ | 1.06 | $ | 1.29 | $ | 1.18 | ||||||
Diluted net earnings per share | $ | 1.06 | $ | 1.28 | $ | 1.18 |
Year Ended December 31, | ||||||||||||
(In thousands) | 2019 | 2018 | 2017 | |||||||||
Current: | ||||||||||||
Federal | $ | 3 | $ | — | $ | — | ||||||
Current state and local | 262 | 262 | 178 | |||||||||
Total current | 265 | 262 | 178 | |||||||||
Deferred: | ||||||||||||
Federal deferred | — | — | (196 | ) | ||||||||
State deferred | — | — | — | |||||||||
Total deferred | — | — | (196 | ) | ||||||||
Total Income Tax Expense (Benefit) | $ | 265 | $ | 262 | $ | (18 | ) |
Year Ended December 31, | ||||||||||||||||||||
(In thousands) | 2022 | 2021 | 2020 | |||||||||||||||||
Current: | ||||||||||||||||||||
Federal | $ | — | $ | — | $ | (3) | ||||||||||||||
Current state and local | 362 | 330 | 250 | |||||||||||||||||
Total current | 362 | 330 | 247 | |||||||||||||||||
Deferred: | ||||||||||||||||||||
Federal deferred | (125) | (864) | — | |||||||||||||||||
State deferred | — | — | — | |||||||||||||||||
Total deferred | (125) | (864) | — | |||||||||||||||||
Total Income Tax Expense (Benefit) | $ | 237 | $ | (534) | $ | 247 |
Year Ended December 31, | |||||||||
2019 | 2018 | 2017 | |||||||
U.S. statutory rate | 21.0 | % | 21.0 | % | 34.0 | % | |||
Current benefit | (21.0 | ) | (21.0 | ) | (34.1 | ) | |||
State and local income taxes, net of federal tax benefits | 0.8 | 0.7 | 0.1 | ||||||
Benefit of federal income tax credits | — | — | (0.5 | ) | |||||
Valuation allowance | — | — | 0.4 | ||||||
Permanent differences | — | — | 0.1 | ||||||
Effective Income Tax Rate | 0.8 | % | 0.7 | % | — | % |
Year Ended December 31, | ||||||||||||||||||||
2022 | 2021 | 2020 | ||||||||||||||||||
U.S. statutory rate | 21.0 | % | 21.0 | % | 21.0 | % | ||||||||||||||
Current benefit | (20.8) | (20.8) | (21.2) | |||||||||||||||||
State and local income taxes, net of federal tax benefits | 0.3 | 0.3 | 0.3 | |||||||||||||||||
Benefit of federal income tax credits | (0.2) | — | — | |||||||||||||||||
Other | (0.1) | — | — | |||||||||||||||||
Valuation allowance | — | (1.0) | 0.2 | |||||||||||||||||
Permanent differences | — | — | — | |||||||||||||||||
Effective Income Tax Rate | 0.2 | % | (0.5) | % | 0.3 | % |
December 31, | December 31, | |||||||||||||||||||||||||||||||
(In thousands) | 2019 | 2018 | 2017 | (In thousands) | 2022 | 2021 | 2020 | |||||||||||||||||||||||||
Compensation and employee benefits | $ | 40 | $ | 37 | $ | 30 | Compensation and employee benefits | $ | 32 | $ | 34 | $ | 32 | |||||||||||||||||||
Charitable contribution and credit carryforwards | 636 | 484 | 366 | Charitable contribution and credit carryforwards | 1,366 | 1,032 | 816 | |||||||||||||||||||||||||
Net operating losses | — | — | 26 | Net operating losses | 60 | 133 | 145 | |||||||||||||||||||||||||
Lease payable | 139 | 148 | 137 | Lease payable | 141 | 138 | 133 | |||||||||||||||||||||||||
UNICAP | 13 | 12 | 13 | UNICAP | 15 | 14 | 12 | |||||||||||||||||||||||||
Gross deferred tax assets | 828 | 681 | 572 | Gross deferred tax assets | 1,614 | 1,351 | 1,138 | |||||||||||||||||||||||||
Prepaid expenses | (25 | ) | (24 | ) | (23 | ) | Prepaid expenses | (14) | (34) | (28) | ||||||||||||||||||||||
Straight-line rent | — | — | Straight-line rent | — | — | — | ||||||||||||||||||||||||||
Buildings and equipment (1) | (275 | ) | (284 | ) | (273 | ) | Buildings and equipment (1) | (612) | (453) | (285) | ||||||||||||||||||||||
Gross deferred tax liabilities | (300 | ) | (308 | ) | (296 | ) | Gross deferred tax liabilities | (626) | (487) | (313) | ||||||||||||||||||||||
Valuation allowance | (528 | ) | (373 | ) | (276 | ) | Valuation allowance | — | — | (825) | ||||||||||||||||||||||
Net Deferred Tax Assets (Liabilities) | $ | — | $ | — | $ | — | ||||||||||||||||||||||||||
Net Deferred Tax Assets | Net Deferred Tax Assets | $ | 988 | $ | 864 | $ | — |
Year Ended December 31, | ||||||||||||||||||||
(In thousands, except share and per share data) | 2022 | 2021 | 2020 | |||||||||||||||||
Average common shares outstanding – basic | 81,590,124 | 76,674,046 | 71,312,326 | |||||||||||||||||
Effect of dilutive stock based compensation | 216,941 | 164,523 | 296,742 | |||||||||||||||||
Average common shares outstanding – diluted | 81,807,065 | 76,838,569 | 71,609,068 | |||||||||||||||||
Net income available to common shareholders | $ | 97,772 | $ | 85,581 | $ | 77,332 | ||||||||||||||
Basic net earnings per share | $ | 1.20 | $ | 1.12 | $ | 1.08 | ||||||||||||||
Diluted net earnings per share | $ | 1.20 | $ | 1.11 | $ | 1.08 |
(In thousands) | Restricted Stock Units | Restricted Stock Awards | Performance Stock Units | Total | ||||||||||||
Unrecognized compensation cost at January 1, 2019 | $ | 188 | $ | 1,269 | $ | 1,611 | $ | 3,068 | ||||||||
Equity grants | 1,834 | 1,850 | — | 3,684 | ||||||||||||
Equity grant forfeitures | — | (27 | ) | — | (27 | ) | ||||||||||
Equity compensation expense | (732 | ) | (1,665 | ) | (1,205 | ) | (3,602 | ) | ||||||||
Unrecognized Compensation Cost at December 31, 2019 | $ | 1,290 | $ | 1,427 | $ | 406 | $ | 3,123 |
(In thousands) | Restricted Stock Units | Restricted Stock Awards | Performance Stock Units | Total | ||||||||||||||||||||||
Unrecognized compensation cost at January 1, 2022 | $ | 1,820 | $ | 1,728 | $ | 662 | $ | 4,210 | ||||||||||||||||||
Equity grants | 2,080 | 3,225 | 1,236 | 6,541 | ||||||||||||||||||||||
Equity grant forfeitures | (200) | (112) | (56) | (368) | ||||||||||||||||||||||
Equity compensation expense | (1,583) | (2,375) | (1,020) | (4,978) | ||||||||||||||||||||||
Unrecognized Compensation Cost at December 31, 2022 | $ | 2,117 | $ | 2,466 | $ | 822 | $ | 5,405 |
Year Ended December 31, | |||||||||||||||||||||
2019 | 2018 | 2017 | |||||||||||||||||||
Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | ||||||||||||||||
Outstanding at beginning of period | 33,592 | $ | 22.88 | 64,983 | $ | 23.34 | 65,207 | $ | 22.64 | ||||||||||||
Units granted | 67,368 | $ | 27.17 | 17,896 | $ | 23.19 | 9,379 | $ | 25.78 | ||||||||||||
Units vested | (9,487 | ) | $ | 23.19 | (49,287 | ) | $ | 23.60 | (9,603 | ) | $ | 20.96 | |||||||||
Units forfeited | — | $ | — | — | $ | — | — | $ | — | ||||||||||||
Outstanding at End of Period | 91,473 | $ | 26.00 | 33,592 | $ | 22.88 | 64,983 | $ | 23.34 |
Year Ended December 31, | ||||||||||||||||||||||||||||||||||||||
2022 | 2021 | 2020 | ||||||||||||||||||||||||||||||||||||
Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | |||||||||||||||||||||||||||||||||
Outstanding at beginning of period | 159,524 | $ | 26.53 | 137,585 | $ | 25.45 | 91,473 | $ | 26.00 | |||||||||||||||||||||||||||||
Units granted | 77,424 | 26.87 | 49,390 | 28.00 | 56,629 | 25.12 | ||||||||||||||||||||||||||||||||
Units vested | (22,635) | 27.08 | (26,586) | 23.57 | (10,517) | 28.53 | ||||||||||||||||||||||||||||||||
Units forfeited | (7,527) | 26.57 | (865) | 28.93 | — | — | ||||||||||||||||||||||||||||||||
Outstanding at End of Period | 206,786 | 26.60 | 159,524 | 26.53 | 137,585 | 25.45 |
Year Ended December 31, | |||||||||||||||||||||
2019 | 2018 | 2017 | |||||||||||||||||||
Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | ||||||||||||||||
Outstanding at beginning of period | 100,402 | $ | 21.76 | 81,909 | $ | 19.40 | 53,280 | $ | 16.55 | ||||||||||||
Units granted | 69,547 | $ | 26.60 | 67,845 | $ | 23.76 | 48,378 | $ | 21.58 | ||||||||||||
Units vested | (67,621 | ) | $ | 22.08 | (47,292 | ) | $ | 20.45 | (19,749 | ) | $ | 16.55 | |||||||||
Units forfeited | (1,061 | ) | $ | 25.16 | (2,060 | ) | $ | 23.87 | — | $ | — | ||||||||||
Outstanding at End of Period | 101,267 | $ | 24.83 | 100,402 | $ | 21.76 | 81,909 | $ | 19.40 |
Year Ended December 31, | ||||||||||||||||||||||||||||||||||||||
2022 | 2021 | 2020 | ||||||||||||||||||||||||||||||||||||
Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | Units | Weighted Average Grant Date Fair Value | |||||||||||||||||||||||||||||||||
Outstanding at beginning of period | 113,695 | $ | 27.58 | 102,355 | $ | 27.16 | 101,267 | $ | 24.83 | |||||||||||||||||||||||||||||
Units granted | 119,471 | 26.99 | 87,664 | 27.31 | 54,124 | 28.60 | ||||||||||||||||||||||||||||||||
Units vested | (72,101) | 27.33 | (69,628) | 26.62 | (50,944) | 24.73 | ||||||||||||||||||||||||||||||||
Units forfeited | (4,035) | 27.24 | (6,696) | 27.59 | (2,092) | 27.10 | ||||||||||||||||||||||||||||||||
Outstanding at End of Period | 157,030 | 27.25 | 113,695 | 27.58 | 102,355 | 27.16 |
(In thousands) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Derivative Assets | ||||||||||||||||
December 31, 2019 | $ | — | $ | 1,451 | $ | — | $ | 1,451 | ||||||||
December 31, 2018 | — | 5,982 | — | 5,982 | ||||||||||||
Derivative Liabilities | ||||||||||||||||
December 31, 2019 | $ | — | $ | 5,005 | $ | — | $ | 5,005 | ||||||||
December 31, 2018 | — | — | — | — |
(In thousands) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||||
Derivative Assets | ||||||||||||||||||||||||||
December 31, 2022 | $ | — | $ | 35,276 | $ | — | $ | 35,276 | ||||||||||||||||||
December 31, 2021 | — | 2,591 | — | 2,591 | ||||||||||||||||||||||
Derivative Liabilities | ||||||||||||||||||||||||||
December 31, 2022 | $ | — | $ | 9 | $ | — | $ | 9 | ||||||||||||||||||
December 31, 2021 | — | 7,517 | — | 7,517 | ||||||||||||||||||||||
December 31, 2019 | ||||||||
(In thousands) | Carrying Value | Fair Value | ||||||
Liabilities | ||||||||
Term loan due 2022, excluding deferred financing costs | $ | 150,000 | $ | 150,834 | ||||
Term loan due 2023, excluding deferred financing costs | 150,000 | 150,510 | ||||||
Term loan due 2024, excluding deferred financing costs | 100,000 | 100,352 | ||||||
Senior note due June 2024, excluding deferred financing costs | 50,000 | 52,496 | ||||||
Senior note due June 2027, excluding deferred financing costs | 75,000 | 81,176 | ||||||
Senior note due June 2026, excluding deferred financing costs | 50,000 | 52,946 | ||||||
Senior note due June 2028, excluding deferred financing costs | 50,000 | 53,902 |
December 31, 2022 | ||||||||||||||
(In thousands) | Carrying Value (1) | Fair Value | ||||||||||||
Term loan due 2025 | $ | 150,000 | $ | 149,495 | ||||||||||
Term loan due 2026 | 100,000 | 99,949 | ||||||||||||
Term loan due 2027 | 90,000 | 89,595 | ||||||||||||
Term loan due 2028 | 90,000 | 89,309 | ||||||||||||
Senior note due June 2024 | 50,000 | 49,179 | ||||||||||||
Senior note due December 2026 | 50,000 | 48,548 | ||||||||||||
Senior note due June 2027 | 75,000 | 73,007 | ||||||||||||
Senior note due December 2028 | 50,000 | 48,251 | ||||||||||||
Senior note due April 2029 | 50,000 | 43,111 | ||||||||||||
Senior note due June 2029 | 50,000 | 43,967 | ||||||||||||
Senior note due April 2030 | 75,000 | 65,078 | ||||||||||||
Senior note due March 2031 | 50,000 | 41,989 | ||||||||||||
Senior note due April 2031 | 50,000 | 42,032 | ||||||||||||
Senior note due March 2032 | 75,000 | 62,828 | ||||||||||||
Outstanding Revolver Borrowings | — | — | ||||||||||||
(1) Term loan and senior note liabilities exclude deferred financing costs |
December 31, 2018 | ||||||||
(In thousands) | Carrying Value | Fair Value | ||||||
Liabilities | ||||||||
Term loan due 2022, excluding deferred financing costs | $ | 150,000 | $ | 151,042 | ||||
Term loan due 2023, excluding deferred financing costs | 150,000 | 150,651 | ||||||
Term loan due 2024, excluding deferred financing costs | 100,000 | 100,453 | ||||||
Senior note due June 2024, excluding deferred financing costs | 50,000 | 50,834 | ||||||
Senior note due June 2027, excluding deferred financing costs | 75,000 | 77,471 | ||||||
Senior note due June 2026, excluding deferred financing costs | 50,000 | 50,533 | ||||||
Senior note due June 2028, excluding deferred financing costs | 50,000 | 50,917 |
December 31, 2021 | ||||||||||||||
(In thousands) | Carrying Value (1) | Fair Value | ||||||||||||
Term loan due 2023 | $ | 50,000 | $ | 50,237 | ||||||||||
Term loan due 2024 | 100,000 | 100,474 | ||||||||||||
Term loan due 2025 | 150,000 | 151,702 | ||||||||||||
Term loan due 2026 | 100,000 | 101,262 | ||||||||||||
Senior note due June 2024 | 50,000 | 53,482 | ||||||||||||
Senior note due December 2026 | 50,000 | 55,468 | ||||||||||||
Senior note due June 2027 | 75,000 | 84,593 | ||||||||||||
Senior note due December 2028 | 50,000 | 56,952 | ||||||||||||
Senior note due April 2029 | 50,000 | 50,965 | ||||||||||||
Senior note due June 2029 | 50,000 | 52,045 | ||||||||||||
Senior note due April 2030 | 75,000 | 78,246 | ||||||||||||
Senior note due April 2031 | 50,000 | 51,584 | ||||||||||||
Outstanding Revolver Borrowings | 36,000 | 36,220 | ||||||||||||
(1) Term loan and senior note liabilities exclude deferred financing costs |
(In thousands) | Real Estate Operations | Restaurant Operations | Intercompany | Total | ||||||||||||||||||||||
Revenues: | ||||||||||||||||||||||||||
Rental | $ | 193,611 | $ | — | $ | — | $ | 193,611 | ||||||||||||||||||
Intercompany rental | 846 | — | (846) | — | ||||||||||||||||||||||
Restaurant | — | 29,583 | — | 29,583 | ||||||||||||||||||||||
Total revenues | 194,457 | 29,583 | (846) | 223,194 | ||||||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||||
General and administrative | 20,043 | — | — | 20,043 | ||||||||||||||||||||||
Depreciation and amortization | 40,762 | 709 | — | 41,471 | ||||||||||||||||||||||
Property | 7,989 | — | — | 7,989 | ||||||||||||||||||||||
Restaurant | — | 28,668 | (846) | 27,822 | ||||||||||||||||||||||
Total operating expenses | 68,794 | 29,377 | (846) | 97,325 | ||||||||||||||||||||||
Interest expense | (36,405) | — | — | (36,405) | ||||||||||||||||||||||
Other income, net | 542 | — | — | 542 | ||||||||||||||||||||||
Realized gain on sale, net | 8,139 | — | — | 8,139 | ||||||||||||||||||||||
Income tax benefit (expense) | (206) | (31) | — | (237) | ||||||||||||||||||||||
Net Income | $ | 97,733 | $ | 175 | $ | — | $ | 97,908 |
(In thousands) | Real Estate Operations | Restaurant Operations | Intercompany | Total | ||||||||||||
Revenues: | ||||||||||||||||
Rental | $ | 139,682 | — | $ | — | $ | 139,682 | |||||||||
Intercompany rental | 410 | — | (410 | ) | — | |||||||||||
Restaurant | — | 20,551 | — | 20,551 | ||||||||||||
Total revenues | 140,092 | 20,551 | (410 | ) | 160,233 | |||||||||||
Operating expenses: | ||||||||||||||||
General and administrative | 13,934 | — | — | 13,934 | ||||||||||||
Depreciation and amortization | 25,780 | 532 | — | 26,312 | ||||||||||||
Property | 1,579 | 1,579 | ||||||||||||||
Restaurant | — | 20,042 | (410 | ) | 19,632 | |||||||||||
Total operating expenses | 41,293 | 20,574 | (410 | ) | 61,457 | |||||||||||
Interest expense | (26,516 | ) | — | — | (26,516 | ) | ||||||||||
Other income, net | 944 | — | — | 944 | ||||||||||||
Realized gain on sale, net | — | — | — | — | ||||||||||||
Income tax expense | (152 | ) | (113 | ) | — | (265 | ) | |||||||||
Net Income (Loss) | $ | 73,075 | $ | (136 | ) | $ | — | $ | 72,939 |
(In thousands) | Real Estate Operations | Restaurant Operations | Intercompany | Total | ||||||||||||||||||||||
Revenues: | ||||||||||||||||||||||||||
Rental | $ | 172,812 | $ | — | $ | — | $ | 172,812 | ||||||||||||||||||
Intercompany rental | 743 | — | (743) | — | ||||||||||||||||||||||
Restaurant | — | 26,566 | — | 26,566 | ||||||||||||||||||||||
Total revenues | 173,555 | 26,566 | (743) | 199,378 | ||||||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||||
General and administrative | 17,650 | — | — | 17,650 | ||||||||||||||||||||||
Depreciation and amortization | 34,162 | 664 | — | 34,826 | ||||||||||||||||||||||
Property | 5,040 | — | — | 5,040 | ||||||||||||||||||||||
Restaurant | — | 25,306 | (743) | 24,563 | ||||||||||||||||||||||
Total operating expenses | 56,852 | 25,970 | (743) | 82,079 | ||||||||||||||||||||||
Interest expense | (32,555) | — | — | (32,555) | ||||||||||||||||||||||
Other income, net | 36 | — | — | 36 | ||||||||||||||||||||||
Realized gain on sale, net | 431 | — | — | 431 | ||||||||||||||||||||||
Income tax (expense) benefit | (174) | 708 | — | 534 | ||||||||||||||||||||||
Net Income | $ | 84,441 | $ | 1,304 | $ | — | $ | 85,745 |
(In thousands) | Real Estate Operations | Restaurant Operations | Intercompany | Total | ||||||||||||
Revenues: | ||||||||||||||||
Rental | $ | 123,665 | $ | — | $ | — | $ | 123,665 | ||||||||
Intercompany rental | 401 | — | (401 | ) | — | |||||||||||
Restaurant | — | 19,970 | — | 19,970 | ||||||||||||
Total revenues | 124,066 | 19,970 | (401 | ) | 143,635 | |||||||||||
Operating expenses: | ||||||||||||||||
General and administrative | 13,206 | — | — | 13,206 | ||||||||||||
Depreciation and amortization | 23,373 | 511 | — | 23,884 | ||||||||||||
Property | 433 | 433 | ||||||||||||||
Restaurant | — | 19,415 | (401 | ) | 19,014 | |||||||||||
Total operating expenses | 37,012 | 19,926 | (401 | ) | 56,537 | |||||||||||
Interest expense | (19,959 | ) | — | — | (19,959 | ) | ||||||||||
Other income, net | 781 | — | — | 781 | ||||||||||||
Realized gain on sale, net | 15,271 | — | — | 15,271 | ||||||||||||
Income tax expense | (156 | ) | (106 | ) | — | (262 | ) | |||||||||
Net Income (Loss) | $ | 82,991 | $ | (62 | ) | $ | — | $ | 82,929 |
(In thousands) | Real Estate Operations | Restaurant Operations | Intercompany | Total | ||||||||||||||||||||||
Revenues: | ||||||||||||||||||||||||||
Rental | $ | 154,721 | $ | — | $ | — | $ | 154,721 | ||||||||||||||||||
Intercompany rental | 546 | — | (546) | — | ||||||||||||||||||||||
Restaurant | — | 16,223 | — | 16,223 | ||||||||||||||||||||||
Total revenues | 155,267 | 16,223 | (546) | 170,944 | ||||||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||||
General and administrative | 15,046 | — | — | 15,046 | ||||||||||||||||||||||
Depreciation and amortization | 28,944 | 489 | — | 29,433 | ||||||||||||||||||||||
Property | 3,508 | — | — | 3,508 | ||||||||||||||||||||||
Restaurant | — | 16,628 | (546) | 16,082 | ||||||||||||||||||||||
Total operating expenses | 47,498 | 17,117 | (546) | 64,069 | ||||||||||||||||||||||
Interest expense | (29,231) | — | — | (29,231) | ||||||||||||||||||||||
Other income, net | 170 | — | — | 170 | ||||||||||||||||||||||
Realized gain on sale, net | — | — | — | — | ||||||||||||||||||||||
Income tax expense | (165) | (82) | — | (247) | ||||||||||||||||||||||
Net Income (Loss) | $ | 78,543 | $ | (976) | $ | — | $ | 77,567 |
(In thousands) | Real Estate Operations | Restaurant Operations | Intercompany | Total | ||||||||||||
Revenues: | ||||||||||||||||
Rental | $ | 113,937 | $ | — | $ | — | $ | 113,937 | ||||||||
Intercompany rental | 395 | — | (395 | ) | — | |||||||||||
Restaurant | — | 19,272 | — | 19,272 | ||||||||||||
Total revenues | 114,332 | 19,272 | (395 | ) | 133,209 | |||||||||||
Operating expenses: | ||||||||||||||||
General and administrative | 11,976 | — | — | 11,976 | ||||||||||||
Depreciation and amortization | 21,237 | 574 | — | 21,811 | ||||||||||||
Property | 283 | 283 | ||||||||||||||
Restaurant | — | 19,047 | (395 | ) | 18,652 | |||||||||||
Total operating expenses | 33,496 | 19,621 | (395 | ) | 52,722 | |||||||||||
Interest expense | (19,469 | ) | — | — | (19,469 | ) | ||||||||||
Other income, net | 324 | — | — | 324 | ||||||||||||
Realized gain on sale, net | 10,532 | — | — | 10,532 | ||||||||||||
Income tax (expense) benefit | (77 | ) | 95 | — | 18 | |||||||||||
Net Income (Loss) | $ | 72,146 | $ | (254 | ) | $ | — | $ | 71,892 |
(In thousands) | Real Estate Operations | Restaurant Operations | Total | (In thousands) | Real Estate Operations | Restaurant Operations | Total | |||||||||||||||||||||||||
Total real estate investments | $ | 1,952,855 | $ | 14,879 | $ | 1,967,734 | Total real estate investments | $ | 2,633,002 | $ | 22,700 | $ | 2,655,702 | |||||||||||||||||||
Accumulated depreciation | (630,250 | ) | (5,380 | ) | (635,630 | ) | Accumulated depreciation | (699,825) | (6,877) | (706,702) | ||||||||||||||||||||||
Total real estate investments, net | 1,322,605 | 9,499 | 1,332,104 | Total real estate investments, net | 1,933,177 | 15,823 | 1,949,000 | |||||||||||||||||||||||||
Cash and cash equivalents | 4,032 | 1,051 | 5,083 | Cash and cash equivalents | 25,260 | 1,036 | 26,296 | |||||||||||||||||||||||||
Total assets | 1,431,003 | 15,067 | 1,446,070 | Total assets | 2,176,336 | 22,251 | 2,198,587 | |||||||||||||||||||||||||
Long-term debt, net of deferred financing costs | 669,940 | — | 669,940 | Long-term debt, net of deferred financing costs | 995,477 | — | 995,477 |
(In thousands) | Real Estate Operations | Restaurant Operations | Total | |||||||||
Total real estate investments | $ | 1,788,462 | $ | 16,819 | $ | 1,805,281 | ||||||
Accumulated depreciation | (607,556 | ) | (7,028 | ) | (614,584 | ) | ||||||
Total real estate investments, net | 1,180,906 | 9,791 | 1,190,697 | |||||||||
Cash and cash equivalents | 90,690 | 1,351 | 92,041 | |||||||||
Total assets | 1,331,213 | 11,885 | 1,343,098 | |||||||||
Long-term debt, net of deferred financing costs | 615,892 | — | 615,892 |
(In thousands) | Real Estate Operations | Restaurant Operations | Total | |||||||||||||||||
Total real estate investments | $ | 2,382,169 | $ | 22,236 | $ | 2,404,405 | ||||||||||||||
Accumulated depreciation | (676,183) | (6,247) | (682,430) | |||||||||||||||||
Total real estate investments, net | 1,705,986 | 15,989 | 1,721,975 | |||||||||||||||||
Cash and cash equivalents | 4,830 | 1,470 | 6,300 | |||||||||||||||||
Total assets | 1,880,192 | 22,788 | 1,902,980 | |||||||||||||||||
Long-term debt, net of deferred financing costs | 877,591 | — | 877,591 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
AAA | Fairfield, CA | 1,060 | 4,281 | — | — | — | — | 1,060 | 4,281 | — | 5,341 | 285 | 2000 | 9/3/2020 | 35 | ||||||||||||||||||||||||||||||||||||||
ADAUT | Centennial, CO | 1,252 | 694 | — | — | — | — | 1,252 | 694 | — | 1,946 | 47 | 2010 | 12/30/2020 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
ADAUT | Fort Worth, TX | 733 | 928 | — | — | — | — | 733 | 928 | — | 1,661 | 49 | 1986 | 3/17/2021 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
ADAUT | South Elgin, IL | 587 | 1,555 | — | — | — | — | 587 | 1,555 | — | 2,142 | 25 | 2006 | 7/12/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
ADAUT | Big Rapids, MI | 195 | 672 | — | — | — | — | 195 | 672 | — | 867 | 16 | 1999 | 7/15/2022 | 10- 25 | ||||||||||||||||||||||||||||||||||||||
ADAUT | Kalamazoo, MI | 109 | 620 | — | — | — | — | 109 | 620 | — | 729 | 7 | 1998 | 10/13/2022 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
APPLB | Tracy, CA | 1,267 | — | — | — | — | — | 1,267 | — | — | 1,267 | — | 2004 | 11/20/2018 | — | ||||||||||||||||||||||||||||||||||||||
ARBYS | Rocky Mount, NC | 261 | 1,405 | — | — | — | — | 261 | 1,405 | — | 1,666 | 237 | 2004 | 9/6/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Roanoke Rapids, NC | 288 | 1,563 | — | — | — | — | 288 | 1,563 | — | 1,851 | 278 | 2003 | 9/6/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
ARBYS | South Hill, VA | 538 | 1,283 | — | — | — | — | 538 | 1,283 | — | 1,821 | 212 | 2002 | 11/3/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Wake Forest, NC | 805 | 1,344 | — | — | — | — | 805 | 1,344 | — | 2,149 | 273 | 2005 | 11/3/2016 | 9 - 49 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Birch Run, MI | 590 | 777 | — | — | — | — | 590 | 777 | — | 1,367 | 189 | 1991 | 11/9/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Brighton, MI | 456 | 990 | — | — | — | — | 456 | 990 | — | 1,446 | 194 | 1987 | 11/9/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Cedar Rapids, IA | 485 | — | — | — | — | — | 485 | — | — | 485 | — | 1987 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
ARBYS | Plainwell, MI | 696 | 837 | — | — | — | — | 696 | 837 | — | 1,533 | 151 | 1999 | 8/6/2018 | 3 - 36 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Logan, UT | 827 | 1,157 | — | 26 | — | — | 853 | 1,157 | — | 2,010 | 135 | 1980 | 5/1/2019 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Spring Lake, MI | 317 | 762 | — | — | — | — | 317 | 762 | — | 1,079 | 101 | 1986 | 6/21/2019 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Holland, MI | 735 | 735 | — | — | — | — | 735 | 735 | — | 1,470 | 125 | 1988 | 6/21/2019 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Muskegon, MI | 486 | 919 | — | — | — | — | 486 | 919 | — | 1,405 | 105 | 1979 | 6/21/2019 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Kokomo, IN | 902 | — | — | — | — | — | 902 | — | — | 902 | — | 2003 | 8/1/2019 | — | ||||||||||||||||||||||||||||||||||||||
ARBYS | Roxboro, NC | 2 | — | — | — | — | — | 2 | — | — | 2 | — | 2006 | 8/26/2020 | — | ||||||||||||||||||||||||||||||||||||||
ARBYS | Roxboro, NC | 1,002 | 541 | — | — | — | — | 1,002 | 541 | — | 1,543 | 79 | 2006 | 1/6/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Brook Park, OH | 719 | 1,044 | — | — | — | — | 719 | 1,044 | — | 1,763 | 63 | 2006 | 9/23/2021 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
ARBYS | Layton, UT | 1,302 | — | — | — | — | — | 1,302 | — | — | 1,302 | — | 1981 | 4/8/2021 | — | ||||||||||||||||||||||||||||||||||||||
ASPDE | Russellville, AR | 891 | 856 | — | — | — | — | 891 | 856 | — | 1,747 | 41 | 2007 | 10/14/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
ASPDE | Festus, MS | 715 | 1,429 | — | — | — | — | 715 | 1,429 | — | 2,144 | 25 | 2017 | 5/25/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
ATT | Columbia, MO | 512 | 556 | — | — | — | — | 512 | 556 | — | 1,068 | 21 | 1985 | 12/29/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
ATT | El Paso, TX | 735 | 996 | — | — | — | — | 735 | 996 | — | 1,731 | 10 | 2003 | 8/31/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
BFISH | Greensboro, NC | 1,254 | — | — | — | — | — | 1,254 | — | — | 1,254 | — | 2002 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
BFISH | Hoover, AL | 1,818 | — | — | — | — | — | 1,818 | — | — | 1,818 | — | 1988 | 3/30/2022 | — | ||||||||||||||||||||||||||||||||||||||
BHAMA | Raleigh, NC | 2,507 | 3,230 | 155 | — | 918 | 314 | 2,507 | 4,148 | 469 | 7,124 | 3,215 | 1999 | 5/17/1999 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Duluth, GA | 1,292 | 2,362 | 254 | — | 1,378 | 274 | 1,292 | 3,740 | 528 | 5,560 | 3,091 | 1999 | 5/24/1999 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Miami, FL | 1,731 | 3,427 | 222 | — | 1,162 | 422 | 1,731 | 4,589 | 644 | 6,964 | 3,555 | 2000 | 4/4/2000 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Fort Myers, FL | 1,914 | 2,863 | 186 | — | 916 | 398 | 1,914 | 3,779 | 584 | 6,277 | 2,863 | 2000 | 5/16/2000 | 2 - 35 |
(In thousands, except per share amounts) | January 1, 2019 - March 31, 2019 | April 1, 2019 - June 30, 2019 | July 1, 2019 - September 30, 2019 | October 1, 2019 - December 31, 2019 | ||||||||||||
Revenues: | ||||||||||||||||
Rental | $ | 34,208 | $ | 34,415 | $ | 35,209 | $ | 35,850 | ||||||||
Restaurant | 5,393 | 5,153 | 4,974 | 5,031 | ||||||||||||
Total revenues | 39,601 | 39,568 | 40,183 | 40,881 | ||||||||||||
Operating expenses: | ||||||||||||||||
General and administrative | 3,946 | 3,431 | 3,389 | 3,168 | ||||||||||||
Depreciation and amortization | 6,361 | 6,518 | 6,653 | 6,780 | ||||||||||||
Property expenses | 308 | 417 | 346 | 508 | ||||||||||||
Restaurant expense | 4,983 | 4,954 | 4,805 | 4,890 | ||||||||||||
Total operating expenses | 15,598 | 15,320 | 15,193 | 15,346 | ||||||||||||
Interest expense | (6,747 | ) | (6,557 | ) | (6,665 | ) | (6,547 | ) | ||||||||
Other income | 413 | 306 | 153 | 72 | ||||||||||||
Realized gain on sale, net | — | — | — | — | ||||||||||||
Income tax expense | $ | (68 | ) | $ | (61 | ) | $ | (69 | ) | $ | (67 | ) | ||||
Net Income | $ | 17,601 | $ | 17,936 | $ | 18,409 | $ | 18,993 | ||||||||
Earnings per share: | ||||||||||||||||
Basic | $ | 0.26 | $ | 0.26 | $ | 0.27 | $ | 0.27 | ||||||||
Diluted | 0.26 | 0.26 | 0.27 | 0.27 | ||||||||||||
Distributions declared per share | $ | 0.2875 | $ | 0.2875 | $ | 0.2875 | $ | 0.3050 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
BHAMA | Pembroke Pines, FL | 1,808 | 2,999 | 207 | — | 1,039 | 382 | 1,808 | 4,038 | 589 | 6,435 | 3,015 | 2000 | 12/18/2000 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Livonia, MI | 2,105 | 3,856 | 286 | — | 362 | 138 | 2,105 | 4,218 | 424 | 6,747 | 3,200 | 2001 | 2/6/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Sunrise, FL | 1,515 | 3,251 | 138 | — | 450 | 224 | 1,515 | 3,701 | 362 | 5,578 | 2,506 | 2002 | 10/22/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Jacksonville, FL | 2,235 | 2,295 | 344 | — | 50 | 13 | 2,235 | 2,345 | 357 | 4,937 | 1,254 | 2010 | 3/29/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Orlando, FL | 1,659 | 2,340 | 356 | — | 324 | 41 | 1,659 | 2,664 | 397 | 4,720 | 1,173 | 2012 | 2/27/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
BHAMA | Charleston, SC | 2,673 | — | — | — | — | — | 2,673 | — | — | 2,673 | — | 2020 | 9/29/2020 | — | ||||||||||||||||||||||||||||||||||||||
BIGO | West St. Paul, MN | 1,464 | 1,096 | — | — | — | — | 1,464 | 1,096 | — | 2,560 | 87 | 2001 | 6/19/2020 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
BJS | Youngstown, OH | 1,125 | — | — | — | — | — | 1,125 | — | — | 1,125 | — | 2017 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
BJS | Longview, TX | 1,508 | — | — | — | — | — | 1,508 | — | — | 1,508 | — | 2015 | 11/16/2018 | — | ||||||||||||||||||||||||||||||||||||||
BJS | Livonia, MI | 638 | 3,259 | — | — | — | — | 638 | 3,259 | — | 3,897 | 249 | 2018 | 12/28/2018 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
BJS | Ft. Wayne, IN | 2,878 | — | — | — | — | — | 2,878 | — | — | 2,878 | — | 2016 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
BJS | Little Rock, AR | 3,646 | — | — | — | — | — | 3,646 | — | — | 3,646 | — | 2014 | 12/27/2019 | — | ||||||||||||||||||||||||||||||||||||||
BJS | Oklahoma City, OK | 1,879 | — | — | — | — | — | 1,879 | — | — | 1,879 | — | 2007 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
BJS | Sugar Land, TX | 3,910 | — | — | — | — | — | 3,910 | — | — | 3,910 | — | 2005 | 9/15/2020 | — | ||||||||||||||||||||||||||||||||||||||
BJS | Orange Valley, OH | 3,908 | — | — | — | — | — | 3,908 | — | — | 3,908 | — | 2020 | 10/30/2020 | — | ||||||||||||||||||||||||||||||||||||||
BJS | El Paso, TX | 2,960 | — | — | — | — | — | 2,960 | — | — | 2,960 | — | 2006 | 8/31/2022 | — | ||||||||||||||||||||||||||||||||||||||
BK | Keysville, VA | 571 | 1,424 | — | — | — | — | 571 | 1,424 | — | 1,995 | 238 | 1996 | 10/28/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Roxboro, NC | 601 | 2,089 | — | — | — | — | 601 | 2,089 | — | 2,690 | 315 | 1989 | 10/28/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Oxford, NC | 449 | 1,892 | — | — | — | — | 449 | 1,892 | — | 2,341 | 295 | 1982 | 10/28/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Huntsville, AL | 460 | 1,549 | — | — | — | — | 460 | 1,549 | — | 2,009 | 265 | 2000 | 10/28/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Amory, MS | 570 | 2,159 | — | — | — | — | 570 | 2,159 | — | 2,729 | 292 | 2016 | 10/28/2016 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
BK | Madisonville, KY | 1,071 | 1,257 | — | — | — | — | 1,071 | 1,257 | — | 2,328 | 264 | 1986 | 11/9/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
BK | Monterey, TN | 429 | 1,611 | — | — | — | — | 429 | 1,611 | — | 2,040 | 244 | 2000 | 12/28/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Crossville, TN | 397 | 1,873 | — | — | — | — | 397 | 1,873 | — | 2,270 | 278 | 1987 | 12/28/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Livingston, TN | 481 | 1,354 | — | — | — | — | 481 | 1,354 | — | 1,835 | 205 | 2015 | 12/28/2016 | 13 - 53 | ||||||||||||||||||||||||||||||||||||||
BK | Herkimer, NY | 308 | 1,460 | — | — | — | — | 308 | 1,460 | — | 1,768 | 189 | 2002 | 1/12/2017 | 13 - 53 | ||||||||||||||||||||||||||||||||||||||
BK | Chattanooga, TN | 485 | 894 | — | — | — | — | 485 | 894 | — | 1,379 | 161 | 1998 | 1/12/2017 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
BK | Salem, IN | 534 | 1,608 | — | — | — | — | 534 | 1,608 | — | 2,142 | 213 | 2016 | 6/30/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
BK | Tupelo, MS | 772 | 1,765 | — | — | — | — | 772 | 1,765 | — | 2,537 | 228 | 2016 | 6/30/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
BK | Booneville, MS | 448 | 1,253 | — | — | — | — | 448 | 1,253 | — | 1,701 | 167 | 2016 | 6/30/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
BK | Tupelo, MS | 953 | 1,418 | — | — | — | — | 953 | 1,418 | — | 2,371 | 222 | 1998 | 6/30/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Memphis, TN | 739 | 1,708 | — | — | — | — | 739 | 1,708 | — | 2,447 | 209 | 1996 | 6/30/2017 | 15 - 55 | ||||||||||||||||||||||||||||||||||||||
BK | Columbus, MS | 922 | 1,633 | — | — | — | — | 922 | 1,633 | — | 2,555 | 238 | 2000 | 6/30/2017 | 12 - 52 | ||||||||||||||||||||||||||||||||||||||
BK | Tupelo, MS | 826 | 1,774 | — | — | — | — | 826 | 1,774 | — | 2,600 | 251 | 1998 | 6/30/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BK | Waldorf, MD | 747 | 1,214 | — | — | — | — | 747 | 1,214 | — | 1,961 | 151 | 1989 | 4/3/2019 | 10 - 40 |
(In thousands, except per share amounts) | January 1, 2018 - March 31, 2018 | April 1, 2018 - June 30, 2018 | July 1, 2018 - September 30, 2018 | October 1, 2018 - December 31, 2018 | ||||||||||||
Revenues: | ||||||||||||||||
Rental | $ | 29,589 | $ | 29,596 | $ | 31,324 | $ | 33,156 | ||||||||
Restaurant | 5,214 | 5,079 | 4,798 | 4,879 | ||||||||||||
Total revenues | 34,803 | 34,675 | 36,122 | 38,035 | ||||||||||||
Operating expenses: | ||||||||||||||||
General and administrative | 3,567 | 3,093 | 3,099 | 3,447 | ||||||||||||
Depreciation and amortization | 5,345 | 5,225 | 5,743 | 7,571 | ||||||||||||
Property expense | 86 | 95 | 109 | 143 | ||||||||||||
Restaurant expense | 4,870 | 4,786 | 4,713 | 4,645 | ||||||||||||
Total operating expenses | 13,868 | 13,199 | 13,664 | 15,806 | ||||||||||||
Interest expense | (4,855 | ) | (4,877 | ) | (4,934 | ) | (5,293 | ) | ||||||||
Other income | 342 | 215 | 147 | 77 | ||||||||||||
Realized gain on sale, net | — | 10,879 | — | 4,392 | ||||||||||||
Income tax expense | (58 | ) | (66 | ) | (64 | ) | (74 | ) | ||||||||
Net Income | $ | 16,364 | $ | 27,627 | $ | 17,607 | $ | 21,331 | ||||||||
Earnings per share: | ||||||||||||||||
Basic | $ | 0.27 | $ | 0.44 | $ | 0.27 | $ | 0.31 | ||||||||
Diluted | 0.26 | 0.44 | 0.27 | 0.31 | ||||||||||||
Distributions declared per share | $ | 0.2750 | $ | 0.2750 | $ | 0.2750 | $ | 0.2875 |
(In thousands, except per share amounts) | January 1, 2017 - March 31, 2017 | April 1, 2017 - June 30, 2017 | July 1, 2017 - September 30, 2017 | October 1, 2017 - December 31, 2017 | ||||||||||||
Revenues: | ||||||||||||||||
Rental | $ | 27,764 | $ | 28,327 | $ | 28,835 | $ | 29,011 | ||||||||
Restaurant | 4,943 | 4,826 | 4,676 | 4,827 | ||||||||||||
Total revenues | 32,707 | 33,153 | 33,511 | 33,838 | ||||||||||||
Operating expenses: | ||||||||||||||||
General and administrative | 2,779 | 3,379 | 2,828 | 2,990 | ||||||||||||
Depreciation and amortization | 5,409 | 5,420 | 5,425 | 5,557 | ||||||||||||
Property expense | 78 | 80 | 71 | 54 | ||||||||||||
Restaurant expense | 4,668 | 4,583 | 4,572 | 4,829 | ||||||||||||
Total operating expenses | 12,934 | 13,462 | 12,896 | 13,430 | ||||||||||||
Interest expense | (4,094 | ) | (4,509 | ) | (5,463 | ) | (5,403 | ) | ||||||||
Other income | 5 | 34 | 172 | 113 | ||||||||||||
Realized gain on sale, net | — | 3,292 | 4,042 | 3,198 | ||||||||||||
Income tax (expense) benefit | (45 | ) | (61 | ) | (33 | ) | 157 | |||||||||
Net Income | $ | 15,639 | $ | 18,447 | $ | 19,333 | $ | 18,473 | ||||||||
Earnings per share: | ||||||||||||||||
Basic | $ | 0.26 | $ | 0.30 | $ | 0.31 | $ | 0.30 | ||||||||
Diluted | 0.26 | 0.30 | 0.31 | 0.30 | ||||||||||||
Distributions declared per share | $ | 0.2425 | $ | 0.2425 | $ | 0.2425 | $ | 0.2750 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
BK | Florence, SC | 1,145 | — | — | — | — | — | 1,145 | — | — | 1,145 | — | 1980 | 6/23/2020 | — | ||||||||||||||||||||||||||||||||||||||
BK | Bessemer, AL | 1,668 | — | — | — | — | — | 1,668 | — | — | 1,668 | — | 2009 | 3/12/2020 | — | ||||||||||||||||||||||||||||||||||||||
BK | Canton, OH | 641 | 685 | — | — | — | — | 641 | 685 | — | 1,326 | 67 | 1971 | 6/8/2021 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
BK | Slinger, WI | 901 | 652 | — | — | — | — | 901 | 652 | — | 1,553 | 43 | 1994 | 6/29/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
BLACK | Spokane Valley, WA | 961 | 1,024 | — | — | — | — | 961 | 1,024 | — | 1,985 | 181 | 2000 | 2/21/2020 | 8 - 25 | ||||||||||||||||||||||||||||||||||||||
BOBE | Dover, DE | 591 | 1,713 | — | — | — | — | 591 | 1,713 | — | 2,304 | 274 | 1993 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Indianapolis, IN | 603 | 1,701 | — | — | — | — | 603 | 1,701 | — | 2,304 | 262 | 1991 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Bowie, MD | 506 | 1,940 | — | — | — | — | 506 | 1,940 | — | 2,446 | 306 | 1995 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Catonsville, MD | 170 | 1,091 | — | — | — | — | 170 | 1,091 | — | 1,261 | 185 | 2003 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Midland, MI | 1,060 | 1,567 | — | — | — | — | 1,060 | 1,567 | — | 2,627 | 247 | 1998 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Niagara Falls, NY | 304 | 1,892 | — | — | — | — | 304 | 1,892 | — | 2,196 | 299 | 1992 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Independence, OH | 1,161 | 1,847 | — | — | — | — | 1,161 | 1,847 | — | 3,008 | 272 | 1994 | 4/28/2017 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
BOBE | Centerville, OH | 947 | 1,209 | — | — | — | — | 947 | 1,209 | — | 2,156 | 226 | 1997 | 4/28/2017 | 7 - 45 | ||||||||||||||||||||||||||||||||||||||
BOBE | Blacklick, OH | 1,178 | 1,269 | — | — | — | — | 1,178 | 1,269 | — | 2,447 | 261 | 1999 | 4/28/2017 | 7 - 45 | ||||||||||||||||||||||||||||||||||||||
BOBE | Celina, OH | 944 | 1,431 | — | — | — | — | 944 | 1,431 | — | 2,375 | 233 | 2005 | 4/28/2017 | 9 - 49 | ||||||||||||||||||||||||||||||||||||||
BOBE | Canton, OH | 755 | 1,441 | — | — | — | — | 755 | 1,441 | — | 2,196 | 216 | 2005 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Kent, OH | 814 | 1,215 | — | — | — | — | 814 | 1,215 | — | 2,029 | 191 | 1994 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Waynesburg, PA | 389 | 1,758 | — | — | — | — | 389 | 1,758 | — | 2,147 | 303 | 2006 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Kanawha City, WV | 405 | 1,899 | — | — | — | — | 405 | 1,899 | — | 2,304 | 289 | 2000 | 4/28/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BOBE | Lima, OH | 1,382 | 1,461 | — | — | — | — | 1,382 | 1,461 | — | 2,843 | 257 | 1988 | 4/28/2017 | 9 - 49 | ||||||||||||||||||||||||||||||||||||||
BOFA | Lincoln Park, MI | 1,373 | — | — | — | — | — | 1,373 | — | — | 1,373 | — | 1992 | 11/19/2021 | — | ||||||||||||||||||||||||||||||||||||||
BOJAN | Winston-Salem, NC | 838 | 569 | — | — | — | — | 838 | 569 | — | 1,407 | 83 | 1983 | 1/29/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
BOJAN | Columbia, SC | 1,158 | 824 | — | — | — | — | 1,158 | 824 | — | 1,982 | 80 | 1999 | 12/23/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
BOJAN | Murphy, NC | 1,533 | 798 | — | — | — | — | 1,533 | 798 | — | 2,331 | 73 | 2014 | 8/5/2021 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
BP | South Elgin, IL | 3,056 | — | — | — | — | — | 3,056 | — | — | 3,056 | — | 2004 | 7/14/2020 | — | ||||||||||||||||||||||||||||||||||||||
BRNSC | St. Louis, MO | 331 | 1,272 | — | — | — | — | 331 | 1,272 | — | 1,603 | 6 | 1974 | 11/21/2022 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
BUBBA | El Paso, TX | 2,912 | — | — | — | — | — | 2,912 | — | — | 2,912 | — | 2000 | 11/30/2022 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Burlington, IA | 137 | 2,530 | — | — | — | — | 137 | 2,530 | — | 2,667 | 401 | 2010 | 9/15/2016 | 10 - 49 | ||||||||||||||||||||||||||||||||||||||
BWW | Galesburg, IL | 157 | 2,510 | — | — | — | — | 157 | 2,510 | — | 2,667 | 430 | 2009 | 9/15/2016 | 10 - 46 | ||||||||||||||||||||||||||||||||||||||
BWW | Macomb, IL | 138 | 2,528 | — | — | — | — | 138 | 2,528 | — | 2,666 | 409 | 2009 | 9/15/2016 | 10 - 48 | ||||||||||||||||||||||||||||||||||||||
BWW | Springfield, IL | 825 | 2,352 | — | — | — | — | 825 | 2,352 | — | 3,177 | 317 | 2006 | 1/10/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BWW | Quincy, IL | 676 | 2,378 | — | — | — | — | 676 | 2,378 | — | 3,054 | 301 | 2007 | 1/10/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
BWW | Orange Park, FL | 1,768 | — | — | — | — | — | 1,768 | — | — | 1,768 | — | 1997 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Florence, SC | 1,638 | — | — | — | — | — | 1,638 | — | — | 1,638 | — | 2011 | 6/29/2018 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
BWW | Austin, TX | 1,250 | — | — | — | — | — | 1,250 | — | — | 1,250 | — | 2010 | 7/16/2018 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Hendersonville, TN | 1,401 | — | — | — | — | — | 1,401 | — | — | 1,401 | — | 2009 | 8/8/2018 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Grand Junction, CO | 1,182 | — | — | — | — | — | 1,182 | — | — | 1,182 | — | 2004 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Loredo, TX | 1,287 | 1,923 | — | — | — | — | 1,287 | 1,923 | — | 3,210 | 233 | 2001 | 2/8/2019 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
BWW | Rockaway, NJ | 787 | — | — | — | — | — | 787 | — | — | 787 | — | 2013 | 2/11/2019 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Centerville, GA | 1,001 | — | — | — | — | — | 1,001 | — | — | 1,001 | — | 2011 | 8/1/2019 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Mansfield, TX | 1,438 | 845 | — | — | — | — | 1,438 | 845 | — | 2,283 | 139 | 2007 | 10/21/2019 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
BWW | Fort Worth, TX | 1,484 | 922 | — | — | 854 | — | 1,484 | 1,776 | — | 3,260 | 144 | 2007 | 11/4/2019 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
BWW | Racine, WI | 1,898 | — | — | — | — | — | 1,898 | — | — | 1,898 | — | 2013 | 11/12/2019 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Suffolk, VA | 602 | 1,779 | — | — | — | — | 602 | 1,779 | — | 2,381 | 181 | 2012 | 12/31/2018 | 9 - 49 | ||||||||||||||||||||||||||||||||||||||
BWW | Mansfield, TX | — | 79 | — | — | — | — | — | 79 | — | 79 | 14 | 2007 | 10/21/2019 | 15 | ||||||||||||||||||||||||||||||||||||||
BWW | Gastonia, NC | 1,373 | — | — | — | — | — | 1,373 | — | — | 1,373 | — | 2009 | 10/14/2020 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Whitehall, PA | 1,685 | — | — | — | — | — | 1,685 | — | — | 1,685 | — | 2013 | 9/24/2021 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Mount Prospect, IL | 2,127 | — | — | — | — | — | 2,127 | — | — | 2,127 | — | 2005 | 8/8/2022 | — | ||||||||||||||||||||||||||||||||||||||
BWW | Forsyth, IL | 1,616 | 1,969 | — | — | — | — | 1,616 | 1,969 | — | 3,585 | — | 2008 | 12/23/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
BWW | Springfield, IL | 822 | 1,816 | — | — | — | — | 822 | 1,816 | — | 2,638 | — | 2011 | 12/23/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
BWW | Peru, IL | 704 | 1,857 | — | — | — | — | 704 | 1,857 | — | 2,561 | — | 2009 | 12/23/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
BWW | Peoria, IL | 1,835 | 2,273 | — | — | — | — | 1,835 | 2,273 | — | 4,108 | — | 2004 | 12/23/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
BWW | Bridgewater, NJ | 3,862 | 2,324 | — | — | — | — | 3,862 | 2,324 | — | 6,186 | 23 | 2002 | 9/26/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
BWW | West Windsor, NJ | 1,961 | 2,406 | — | — | — | — | 1,961 | 2,406 | — | 4,367 | 34 | 2015 | 9/26/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
CALCO | Mt Pleasant, IL | 1,705 | 654 | — | — | — | — | 1,705 | 654 | — | 2,359 | 143 | 1982 | 7/15/2020 | 2 - 15 | ||||||||||||||||||||||||||||||||||||||
CALCO | Palatine, IL | 2,010 | 694 | — | — | — | — | 2,010 | 694 | — | 2,704 | 145 | 1998 | 9/24/2020 | 3 - 15 | ||||||||||||||||||||||||||||||||||||||
CALCO | Fort Wayne, IN | 580 | 2,444 | — | — | — | — | 580 | 2,444 | — | 3,024 | 164 | 1994 | 11/16/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
CALCO | Denver, CO | 1,853 | — | — | — | — | — | 1,853 | — | — | 1,853 | — | 1962 | 12/9/2020 | — | ||||||||||||||||||||||||||||||||||||||
CALCO | Midwest City, OK | 1,781 | — | — | — | — | — | 1,781 | — | — | 1,781 | — | 1984 | 12/9/2020 | — | ||||||||||||||||||||||||||||||||||||||
CALCO | Troy, NY | 1,671 | 1,266 | — | — | — | — | 1,671 | 1,266 | — | 2,937 | 55 | 1940 | 9/21/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
CALCO | Clifton Park, NY | 1,332 | 978 | — | — | — | — | 1,332 | 978 | — | 2,310 | 46 | 1977 | 9/21/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
CALCO | Queensbury, NY | 403 | 1,232 | — | — | 17 | — | 403 | 1,249 | — | 1,652 | 86 | 1988 | 9/21/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CALCO | Moraine, OH | 182 | 1,047 | — | — | 144 | — | 182 | 1,191 | — | 1,373 | 93 | 1968 | 9/20/2021 | 5 - 25 | ||||||||||||||||||||||||||||||||||||||
CALCO | Hamilton, OH | 210 | 567 | — | — | — | — | 210 | 567 | — | 777 | 67 | 1995 | 9/20/2021 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
CALCO | Cincinnati, OH | 104 | 680 | — | — | — | — | 104 | 680 | — | 784 | 34 | 1983 | 9/20/2021 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
CALCO | Loveland, OH | 102 | 316 | — | — | — | — | 102 | 316 | — | 418 | 42 | 1989 | 9/20/2021 | 5 - 15 | ||||||||||||||||||||||||||||||||||||||
CALCO | Dayton, OH | 142 | 510 | — | — | 176 | — | 142 | 686 | — | 828 | 74 | 1972 | 9/20/2021 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
CALCO | Cincinnati, OH | 124 | 554 | — | — | — | — | 124 | 554 | — | 678 | 39 | 1980 | 11/3/2021 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
CALCO | Lebanon, OH | 93 | 181 | — | — | — | — | 93 | 181 | — | 274 | 28 | 1967 | 11/3/2021 | 5 - 10 | ||||||||||||||||||||||||||||||||||||||
CALCO | Philadelphia, PA | 1,070 | 1,898 | — | — | — | — | 1,070 | 1,898 | — | 2,968 | 90 | 1980 | 12/30/2021 | 5 - 35 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
CALCO | Norfolk, VA | 384 | 935 | — | — | — | — | 384 | 935 | — | 1,319 | 35 | 1957 | 8/26/2021 | 11 - 41 | ||||||||||||||||||||||||||||||||||||||
CALCO | Fond du Lac, WI | 320 | 1,491 | — | — | — | — | 320 | 1,491 | — | 1,811 | 93 | 1997 | 3/12/2021 | 15 - 44 | ||||||||||||||||||||||||||||||||||||||
CALCO | Indianapolis, IN | 687 | 2,065 | — | — | — | — | 687 | 2,065 | — | 2,752 | 9 | 1998 | 11/29/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
CALCO | Beech Grove, IN | 249 | 1,323 | — | — | — | — | 249 | 1,323 | — | 1,572 | 5 | 1978 | 11/29/2022 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
CALCO | Indianapolis, IN | 42 | 475 | — | — | — | — | 42 | 475 | — | 517 | 2 | 1968 | 11/29/2022 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
CALCO | Bowling Green, KY | 408 | 824 | — | — | — | — | 408 | 824 | — | 1,232 | 7 | 1982 | 11/15/2022 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
CALCO | Grand Rapids, MI | 274 | 801 | — | — | — | — | 274 | 801 | — | 1,075 | 28 | 1963 | 7/12/2022 | 10 - 15 | ||||||||||||||||||||||||||||||||||||||
CALCO | Kalamazoo, MI | 81 | 814 | — | — | — | — | 81 | 814 | — | 895 | 16 | 1947 | 9/9/2022 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
CALCO | Brentwood, TN | 1,762 | 3,946 | — | — | — | — | 1,762 | 3,946 | — | 5,708 | 13 | 1989 | 11/17/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CALCO | Janesville, WI | 520 | 1,302 | — | — | — | — | 520 | 1,302 | — | 1,822 | 29 | 1997 | 5/25/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CAPON | Hyattsville, MD | 1,506 | 789 | — | — | — | — | 1,506 | 789 | — | 2,295 | 18 | 1962 | 8/5/2022 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
CARRAB | Palm Coast , FL | 2,146 | — | — | — | — | — | 2,146 | — | — | 2,146 | — | 2012 | 6/13/2019 | — | ||||||||||||||||||||||||||||||||||||||
CARRAB | Charleston, SC | 1,334 | — | — | — | — | — | 1,334 | — | — | 1,334 | — | 2003 | 7/13/2020 | — | ||||||||||||||||||||||||||||||||||||||
CARRAB | Tallahassee, FL | 3,814 | — | — | — | — | — | 3,814 | — | — | 3,814 | — | 2000 | 12/22/2020 | — | ||||||||||||||||||||||||||||||||||||||
CARRAB | Independence, MO | 1,566 | — | — | — | — | — | 1,566 | — | — | 1,566 | — | 2002 | 10/28/2021 | — | ||||||||||||||||||||||||||||||||||||||
CCKFA | Overland Park, KS | 2,743 | 5,126 | — | — | — | — | 2,743 | 5,126 | — | 7,869 | 15 | 2003 | 12/2/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
CEC | Florence, SC | 887 | — | — | — | — | — | 887 | — | — | 887 | — | 2006 | 8/5/2022 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Cedar Rapids, IA | 1,894 | — | — | — | — | — | 1,894 | — | — | 1,894 | — | 2012 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Sioux City, IA | 1,162 | — | — | — | — | — | 1,162 | — | — | 1,162 | — | 2012 | 6/28/2019 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Rehoboth Beach, DE | 2,081 | — | — | — | — | — | 2,081 | — | — | 2,081 | — | 2013 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Ft. Wayne, IN | 2,251 | — | — | — | — | — | 2,251 | — | — | 2,251 | — | 2019 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Carmel, IN | 1,056 | — | — | — | — | — | 1,056 | — | — | 1,056 | — | 2006 | 9/17/2020 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Florissant, MO | 1,416 | — | — | — | — | — | 1,416 | — | — | 1,416 | — | 2019 | 12/18/2020 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Florence, SC | 1,869 | — | — | — | — | — | 1,869 | — | — | 1,869 | — | 2018 | 3/3/2020 | — | ||||||||||||||||||||||||||||||||||||||
CFILA | Manchester, CT | 3,265 | — | — | — | — | — | 3,265 | — | — | 3,265 | — | 2021 | 12/30/2021 | — | ||||||||||||||||||||||||||||||||||||||
CHASE | New Iberia, LA | 1,739 | — | — | — | — | — | 1,739 | — | — | 1,739 | — | 2021 | 6/29/2021 | — | ||||||||||||||||||||||||||||||||||||||
CHEDD | Pensacola, FL | 1,530 | — | — | — | — | — | 1,530 | — | — | 1,530 | — | 1991 | 6/29/2018 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Bloomingdale, IL | 1,111 | — | — | — | — | — | 1,111 | — | — | 1,111 | — | 1990 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Baton Rouge, LA | 1,146 | 1,077 | — | — | — | — | 1,146 | 1,077 | — | 2,223 | 208 | 1985 | 8/8/2018 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
CHILI | Mesquite, TX | 2,180 | 2,938 | — | — | — | — | 2,180 | 2,938 | — | 5,118 | 306 | 2012 | 8/8/2018 | 13 - 53 | ||||||||||||||||||||||||||||||||||||||
CHILI | Palm Bay, FL | 1,666 | 2,881 | — | — | — | — | 1,666 | 2,881 | — | 4,547 | 315 | 1994 | 8/8/2018 | 12 - 52 | ||||||||||||||||||||||||||||||||||||||
CHILI | Madison, TN | 1,178 | 2,372 | — | — | — | — | 1,178 | 2,372 | — | 3,550 | 266 | 1989 | 8/8/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
CHILI | Ocala, FL | 2,017 | 2,216 | — | — | — | — | 2,017 | 2,216 | — | 4,233 | 269 | 1989 | 8/8/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
CHILI | Palmdale, CA | 1,234 | 2,573 | — | — | — | — | 1,234 | 2,573 | — | 3,807 | 284 | 1991 | 8/8/2018 | 9 - 49 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
CHILI | Sebring, FL | 1,568 | 2,275 | — | — | — | — | 1,568 | 2,275 | — | 3,843 | 263 | 1992 | 8/8/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
CHILI | Tarpon Springs, FL | 1,394 | 2,232 | — | — | — | — | 1,394 | 2,232 | — | 3,626 | 273 | 1994 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Peoria, AZ | 867 | 1,199 | — | — | — | — | 867 | 1,199 | — | 2,066 | 236 | 1993 | 8/8/2018 | 5 - 31 | ||||||||||||||||||||||||||||||||||||||
CHILI | The Woodlands, TX | 1,445 | 1,218 | — | — | — | — | 1,445 | 1,218 | — | 2,663 | 221 | 1995 | 8/8/2018 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Orlando, FL | 2,106 | 1,376 | — | — | — | — | 2,106 | 1,376 | — | 3,482 | 244 | 1994 | 8/8/2018 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Kissimmee, FL | 2,101 | 2,052 | — | — | — | — | 2,101 | 2,052 | — | 4,153 | 268 | 1994 | 8/8/2018 | 7 - 47 | ||||||||||||||||||||||||||||||||||||||
CHILI | Mesa, AZ | 1,295 | 1,628 | — | — | — | — | 1,295 | 1,628 | — | 2,923 | 256 | 1994 | 8/8/2018 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Katy, TX | 1,930 | 1,907 | — | — | — | — | 1,930 | 1,907 | — | 3,837 | 255 | 1995 | 8/8/2018 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | McAllen, TX | 759 | 1,691 | — | — | — | — | 759 | 1,691 | — | 2,450 | 268 | 1994 | 8/8/2018 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Winter Haven, FL | 922 | 1,926 | — | — | — | — | 922 | 1,926 | — | 2,848 | 251 | 1995 | 8/8/2018 | 7 - 47 | ||||||||||||||||||||||||||||||||||||||
CHILI | Ormond Beach, FL | 545 | 1,104 | — | — | — | — | 545 | 1,104 | — | 1,649 | 195 | 1995 | 8/8/2018 | 3 - 32 | ||||||||||||||||||||||||||||||||||||||
CHILI | Pembroke Pines, FL | 1,757 | 1,514 | — | — | — | — | 1,757 | 1,514 | — | 3,271 | 273 | 1996 | 8/8/2018 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | High Point, NC | 955 | 1,446 | — | — | — | — | 955 | 1,446 | — | 2,401 | 194 | 1996 | 8/8/2018 | 5 - 55 | ||||||||||||||||||||||||||||||||||||||
CHILI | Anderson, SC | 1,647 | 2,252 | — | — | — | — | 1,647 | 2,252 | — | 3,899 | 247 | 1995 | 8/8/2018 | 13 - 53 | ||||||||||||||||||||||||||||||||||||||
CHILI | Burleson, TX | 2,612 | 2,321 | — | — | — | — | 2,612 | 2,321 | — | 4,933 | 333 | 1998 | 8/8/2018 | 5 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Brownsville, TX | 2,111 | 2,868 | — | — | — | — | 2,111 | 2,868 | — | 4,979 | 315 | 1999 | 8/8/2018 | 12 - 52 | ||||||||||||||||||||||||||||||||||||||
CHILI | Hermitage, TN | 1,226 | 1,564 | — | — | — | — | 1,226 | 1,564 | — | 2,790 | 249 | 2000 | 8/8/2018 | 5 - 39 | ||||||||||||||||||||||||||||||||||||||
CHILI | Reno, NV | 723 | 2,496 | — | — | — | — | 723 | 2,496 | — | 3,219 | 256 | 2002 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Bartlesville, OK | 1,497 | 1,571 | — | — | — | — | 1,497 | 1,571 | — | 3,068 | 204 | 2002 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Gallatin, TN | 821 | 1,613 | — | — | — | — | 821 | 1,613 | — | 2,434 | 202 | 2002 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Tampa, FL | 920 | 1,839 | — | — | — | — | 920 | 1,839 | — | 2,759 | 258 | 2002 | 8/8/2018 | 7 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Atascocita, TX | 1,953 | 2,256 | — | — | — | — | 1,953 | 2,256 | — | 4,209 | 259 | 2002 | 8/8/2018 | 12 - 52 | ||||||||||||||||||||||||||||||||||||||
CHILI | Canon City, CO | 709 | 1,928 | — | — | — | — | 709 | 1,928 | — | 2,637 | 225 | 2002 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Chattanooga, TN | 350 | 1,852 | — | — | — | — | 350 | 1,852 | — | 2,202 | 177 | 2003 | 8/8/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
CHILI | Hobbs, NM | 1,424 | 1,746 | — | — | — | — | 1,424 | 1,746 | — | 3,170 | 216 | 2003 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Gonzales, LA | 1,681 | 2,292 | — | — | — | — | 1,681 | 2,292 | — | 3,973 | 261 | 2003 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Tupelo, MS | 890 | 1,514 | — | — | — | — | 890 | 1,514 | — | 2,404 | 242 | 2003 | 8/8/2018 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Las Cruces, NM | 1,645 | 1,720 | — | — | — | — | 1,645 | 1,720 | — | 3,365 | 244 | 1991 | 8/8/2018 | 7 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Carson City, NV | 775 | 467 | — | — | — | — | 775 | 467 | — | 1,242 | 110 | 2004 | 8/8/2018 | 5 - 41 | ||||||||||||||||||||||||||||||||||||||
CHILI | Lady Lake, FL | 2,474 | 2,618 | — | — | — | — | 2,474 | 2,618 | — | 5,092 | 315 | 2004 | 8/8/2018 | 12 - 52 | ||||||||||||||||||||||||||||||||||||||
CHILI | Lone Tree, CO | 753 | 1,511 | — | — | — | — | 753 | 1,511 | — | 2,264 | 234 | 2004 | 8/8/2018 | 5 - 41 | ||||||||||||||||||||||||||||||||||||||
CHILI | Bristol, VA | 1,059 | 1,563 | — | — | — | — | 1,059 | 1,563 | — | 2,622 | 253 | 2004 | 8/8/2018 | 5 - 41 | ||||||||||||||||||||||||||||||||||||||
CHILI | Trinity, FL | 1,701 | 2,613 | — | — | — | — | 1,701 | 2,613 | — | 4,314 | 287 | 2004 | 8/8/2018 | 13 - 53 | ||||||||||||||||||||||||||||||||||||||
CHILI | Kingsville, TX | 1,254 | 1,719 | — | — | — | — | 1,254 | 1,719 | — | 2,973 | 210 | 2004 | 8/8/2018 | 9 - 49 | ||||||||||||||||||||||||||||||||||||||
CHILI | Conroe, TX | 1,224 | 1,661 | — | — | — | — | 1,224 | 1,661 | — | 2,885 | 241 | 2004 | 8/8/2018 | 7 - 45 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
CHILI | Portland, TX | 1,537 | 2,089 | — | — | — | — | 1,537 | 2,089 | — | 3,626 | 268 | 2005 | 8/8/2018 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Plainview, TX | 657 | 1,302 | — | — | — | — | 657 | 1,302 | — | 1,959 | 180 | 2005 | 8/8/2018 | 5 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Pinellas Park, FL | 2,857 | 2,352 | — | — | — | — | 2,857 | 2,352 | — | 5,209 | 275 | 2005 | 8/8/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
CHILI | Conyers, GA | 1,049 | 2,168 | — | — | — | — | 1,049 | 2,168 | — | 3,217 | 270 | 2000 | 8/8/2018 | 7 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Eagle Pass, TX | 1,338 | 1,859 | — | — | — | — | 1,338 | 1,859 | — | 3,197 | 262 | 2007 | 8/8/2018 | 5 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Enid, OK | 1,712 | 2,805 | — | — | — | — | 1,712 | 2,805 | — | 4,517 | 338 | 1996 | 9/14/2018 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Lawton, OK | 1,072 | 1,197 | — | — | — | — | 1,072 | 1,197 | — | 2,269 | 187 | 1999 | 9/14/2018 | 3 - 36 | ||||||||||||||||||||||||||||||||||||||
CHILI | Austin, TX | 988 | 1,330 | — | — | — | — | 988 | 1,330 | — | 2,318 | 157 | 2003 | 9/14/2018 | 1 - 41 | ||||||||||||||||||||||||||||||||||||||
CHILI | Greenville, TX | 1,495 | 1,431 | — | — | — | — | 1,495 | 1,431 | — | 2,926 | 197 | 2002 | 9/28/2018 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Arcadia, FL | 1,575 | 1,408 | — | — | — | — | 1,575 | 1,408 | — | 2,983 | 207 | 2005 | 9/28/2018 | 5 - 45 | ||||||||||||||||||||||||||||||||||||||
CHILI | Aurora, CO | 649 | 1,534 | — | — | — | — | 649 | 1,534 | — | 2,183 | 209 | 1990 | 10/23/2018 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Coralville, IA | 1,628 | — | — | — | — | — | 1,628 | — | — | 1,628 | — | 1998 | 12/26/2019 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Alamosa, CO | 1,992 | 1,206 | — | — | — | — | 1,992 | 1,206 | — | 3,198 | 136 | 2007 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Pueblo, CO | 800 | 1,694 | — | — | — | — | 800 | 1,694 | — | 2,494 | 205 | 2005 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Lafayette, LA | 3,183 | 1,579 | — | — | — | — | 3,183 | 1,579 | — | 4,762 | 182 | 2005 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Southaven, MS | 2,332 | 1,770 | — | — | — | — | 2,332 | 1,770 | — | 4,102 | 195 | 2000 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Shawnee, OK | 2,077 | 1,370 | — | — | — | — | 2,077 | 1,370 | — | 3,447 | 152 | 2001 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Harlingen, TX | 3,054 | 1,630 | — | — | — | — | 3,054 | 1,630 | — | 4,684 | 198 | 1998 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Seguin, TX | 2,350 | 1,778 | — | — | — | — | 2,350 | 1,778 | — | 4,128 | 196 | 2004 | 12/27/2019 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Carmel, IN | 1,273 | — | — | — | — | — | 1,273 | — | — | 1,273 | — | 1993 | 2/13/2020 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Kokomo, IN | 858 | — | — | — | — | — | 858 | — | — | 858 | — | 1999 | 2/13/2020 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Aiken, SC | 1,407 | 1,565 | — | — | — | — | 1,407 | 1,565 | — | 2,972 | 111 | 2001 | 12/31/2020 | 13 - 38 | ||||||||||||||||||||||||||||||||||||||
CHILI | Brunswick, GA | 293 | 717 | — | — | — | — | 293 | 717 | — | 1,010 | 75 | 1998 | 1/29/2021 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
CHILI | Hinesville, GA | 2,406 | 883 | — | — | — | — | 2,406 | 883 | — | 3,289 | 57 | 2006 | 3/1/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Pittsfield, MA | 1,717 | — | — | — | — | — | 1,717 | — | — | 1,717 | — | 2018 | 4/1/2021 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Linthicum, MD | 2,341 | 1,868 | — | — | — | — | 2,341 | 1,868 | — | 4,209 | 76 | 2009 | 9/2/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Salisbury, MD | 1,467 | 1,279 | — | — | — | — | 1,467 | 1,279 | — | 2,746 | 76 | 2003 | 9/2/2021 | 7 - 33 | ||||||||||||||||||||||||||||||||||||||
CHILI | Kansas City, MO | 1,663 | 1,644 | — | — | — | — | 1,663 | 1,644 | — | 3,307 | 78 | 1997 | 10/15/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Rochester, NY | 322 | 1,441 | — | — | — | — | 322 | 1,441 | — | 1,763 | 87 | 1992 | 6/10/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHILI | Gainesville, TX | 1,230 | 1,363 | — | — | — | — | 1,230 | 1,363 | — | 2,593 | 87 | 2003 | 6/16/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Midlothian, VA | 663 | 1,281 | — | — | — | — | 663 | 1,281 | — | 1,944 | 83 | 2005 | 3/26/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Culpeper, VA | 2,781 | 1,427 | — | — | — | — | 2,781 | 1,427 | — | 4,208 | 78 | 2005 | 9/2/2021 | 10 - 33 | ||||||||||||||||||||||||||||||||||||||
CHILI | Lynchburg, VA | 1,924 | 1,776 | — | — | — | — | 1,924 | 1,776 | — | 3,700 | 78 | 2016 | 9/2/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
CHILI | Chester, VA | 1,382 | 1,860 | — | — | — | — | 1,382 | 1,860 | — | 3,242 | 91 | 2016 | 9/2/2021 | 10 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
CHILI | Sterling, VA | 1,295 | 1,687 | — | — | — | — | 1,295 | 1,687 | — | 2,982 | 79 | 2004 | 9/2/2021 | 10 - 37 | ||||||||||||||||||||||||||||||||||||||
CHILI | Littleton, CO | 3,323 | — | — | — | — | — | 3,323 | — | — | 3,323 | — | 1985 | 2/25/2022 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | St. Petersburg, FL | 2,515 | — | — | — | — | — | 2,515 | — | — | 2,515 | — | 2018 | 11/22/2022 | — | ||||||||||||||||||||||||||||||||||||||
CHILI | Sumter, SC | 2,016 | 1,193 | — | — | — | — | 2,016 | 1,193 | — | 3,209 | 42 | 2004 | 2/25/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CHIP | Florence, SC | 758 | 402 | — | — | — | — | 758 | 402 | — | 1,160 | 60 | 2013 | 3/3/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
CIRCK | Pawleys Island, SC | 1,555 | — | — | — | — | — | 1,555 | — | — | 1,555 | — | 2003 | 12/23/2020 | — | ||||||||||||||||||||||||||||||||||||||
CIRCK | Homer Glen, OK | 1,428 | 776 | — | — | — | — | 1,428 | 776 | — | 2,204 | 40 | 1998 | 6/29/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
CIRCK | Urbana, IL | 1,957 | 1,014 | — | — | — | — | 1,957 | 1,014 | — | 2,971 | 47 | 2005 | 12/23/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
CIRCK | Aurora, IL | 3,624 | — | — | — | — | — | 3,624 | — | — | 3,624 | — | 2006 | 9/15/2022 | — | ||||||||||||||||||||||||||||||||||||||
CITI | Bloomingdale, IL | 1,328 | — | — | — | — | — | 1,328 | — | — | 1,328 | — | 1991 | 10/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
COHWK | Gurnee, IL | 6,149 | — | — | — | — | — | 6,149 | — | — | 6,149 | — | 2022 | 12/19/2022 | — | ||||||||||||||||||||||||||||||||||||||
COLUM | Columbia, MO | 1,006 | — | — | — | — | — | 1,006 | — | — | 1,006 | — | 1998 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
CRLJR | Logan, UT | 848 | — | — | — | — | — | 848 | — | — | 848 | — | 1997 | 6/7/2019 | — | ||||||||||||||||||||||||||||||||||||||
DAVTA | Eau Claire, WI | 201 | 791 | — | — | — | — | 201 | 791 | — | 992 | 71 | 1996 | 6/10/2021 | 7 - 27 | ||||||||||||||||||||||||||||||||||||||
DAVTA | Kansas City, KS | 672 | 1,408 | — | — | — | — | 672 | 1,408 | — | 2,080 | 32 | 1999 | 6/24/2022 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
DENNY | Amherst, OH | 460 | 998 | — | — | — | — | 460 | 998 | — | 1,458 | 216 | 1971 | 11/9/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
DTIRE | Coralville, IA | 2,142 | — | — | — | — | — | 2,142 | — | — | 2,142 | — | 1998 | 12/26/2019 | — | ||||||||||||||||||||||||||||||||||||||
EXOIL | Columbus, MS | 1,294 | 765 | — | — | — | — | 1,294 | 765 | — | 2,059 | 28 | 2001 | 12/22/2021 | 10 - 37 | ||||||||||||||||||||||||||||||||||||||
EXOIL | Starkville, MS | 1,421 | 879 | — | — | — | — | 1,421 | 879 | — | 2,300 | 30 | 1996 | 12/22/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
EXOIL | Columbus, MS | 861 | 564 | — | — | — | — | 861 | 564 | — | 1,425 | 19 | 1970 | 3/30/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
FAZOL | Lafayette, IN | 244 | 522 | — | — | — | — | 244 | 522 | — | 766 | 126 | 1996 | 11/9/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
FEDEX | Oklahoma City, OK | 862 | — | — | — | — | — | 862 | — | — | 862 | — | 1999 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
FMBNK | East Moline, IL | 717 | 919 | — | — | — | — | 717 | 919 | — | 1,636 | 36 | 1979 | 12/20/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
FMBNK | Sandwich, IL | 387 | 992 | — | — | — | — | 387 | 992 | — | 1,379 | 30 | 2012 | 12/20/2021 | 6 - 41 | ||||||||||||||||||||||||||||||||||||||
FMBNK | Johnsburg, IL | 1,216 | 827 | — | — | — | — | 1,216 | 827 | — | 2,043 | 52 | 1988 | 12/20/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
FRES | Ft. Wayne, IN | 974 | 1,450 | — | — | — | — | 974 | 1,450 | — | 2,424 | 108 | 2001 | 3/26/2021 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
FRES | Shreveport, LA | 1,043 | 1,898 | — | — | 6 | — | 1,043 | 1,904 | — | 2,947 | 98 | 2008 | 9/3/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
FRES | Baton Rouge, LA | 579 | 1,305 | — | — | — | — | 579 | 1,305 | — | 1,884 | 30 | 2001 | 3/31/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
FRES | Baton Rouge, LA | 482 | 1,201 | — | — | — | — | 482 | 1,201 | — | 1,683 | 30 | 2005 | 3/31/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
FRES | Denham Springs, LA | 998 | 1,272 | — | — | — | — | 998 | 1,272 | — | 2,270 | 35 | 2007 | 3/31/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
FRES | Plaquemine, LA | 520 | 1,047 | — | — | — | — | 520 | 1,047 | — | 1,567 | 24 | 1998 | 3/31/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
FRES | Praireville, LA | 525 | 965 | — | — | — | — | 525 | 965 | — | 1,490 | 24 | 2000 | 3/31/2022 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
FRES | Davison, MI | 784 | 1,841 | — | — | — | — | 784 | 1,841 | — | 2,625 | 49 | 2000 | 3/21/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
FRES | Raleigh, NC | 1,309 | 1,953 | — | — | — | — | 1,309 | 1,953 | — | 3,262 | 45 | 2004 | 4/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
FRSTN | Hagerstown, MD | 994 | — | — | — | — | — | 994 | — | — | 994 | — | 2007 | 6/23/2020 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
FRSTN | Carpentersville, IL | 2,118 | 1,407 | — | — | — | — | 2,118 | 1,407 | — | 3,525 | 66 | 2010 | 9/7/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
FRSTN | St. Louis, MO | 2,117 | 1,166 | — | — | — | — | 2,117 | 1,166 | — | 3,283 | 77 | 2011 | 2/23/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
FRSTN | Aurora, IL | 2,404 | — | — | — | — | — | 2,404 | — | — | 2,404 | — | 2007 | 9/15/2022 | — | ||||||||||||||||||||||||||||||||||||||
FRSTN | Arnold, MO | 425 | 1,141 | — | — | — | — | 425 | 1,141 | — | 1,566 | 4 | 1998 | 11/22/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
GERCO | Milwaukee, WI | 202 | 1,392 | — | — | — | — | 202 | 1,392 | — | 1,594 | 75 | 1953 | 8/18/2021 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
GERCO | Dallas, TX | 963 | 1,642 | — | — | — | — | 963 | 1,642 | — | 2,605 | — | 1978 | 12/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
GOOD | New Orleans, LA | 427 | 706 | — | — | — | — | 427 | 706 | — | 1,133 | 49 | 2004 | 8/17/2021 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
GOOD | Strongsville, OH | 2,389 | 920 | — | — | — | — | 2,389 | 920 | — | 3,309 | 64 | 2015 | 1/28/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
HARDE | Baxley, GA | 644 | 1,258 | — | — | — | — | 644 | 1,258 | — | 1,902 | 296 | 1983 | 12/15/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
HARDE | Vidalia, GA | 364 | 1,232 | — | — | — | — | 364 | 1,232 | — | 1,596 | 190 | 2007 | 12/15/2016 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
HARDE | Hazlehurst, GA | 461 | 1,516 | — | — | — | — | 461 | 1,516 | — | 1,977 | 228 | 2013 | 12/15/2016 | 12 - 52 | ||||||||||||||||||||||||||||||||||||||
HARDE | Sioux City, IA | 901 | — | — | — | — | — | 901 | — | — | 901 | — | 1979 | 6/28/2019 | — | ||||||||||||||||||||||||||||||||||||||
HBANK | Traverse City, MI | 805 | — | — | — | — | — | 805 | — | — | 805 | — | 1992 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
HKREL | El Paso, TX | 3,124 | — | — | — | — | — | 3,124 | — | — | 3,124 | — | 2002 | 8/31/2022 | — | ||||||||||||||||||||||||||||||||||||||
HLTHY | Phoenix, AZ | 410 | 1,256 | — | — | — | — | 410 | 1,256 | — | 1,666 | 25 | 1960 | 5/18/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
HOLDY | Coralville, IA | 1,318 | — | — | — | — | — | 1,318 | — | — | 1,318 | — | 2000 | 12/26/2019 | — | ||||||||||||||||||||||||||||||||||||||
HRTLD | Wichita, KS | 1,400 | 1,469 | — | — | — | — | 1,400 | 1,469 | — | 2,869 | 27 | 2013 | 5/27/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
IHOP | Grand Junction, CO | 853 | — | — | — | — | — | 853 | — | — | 853 | — | 2002 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
IHOP | Christiansburg, VA | 739 | — | — | 250 | — | — | 989 | — | — | 989 | — | 1998 | 4/19/2019 | — | ||||||||||||||||||||||||||||||||||||||
IHOP | Spokane Valley, WA | 572 | 660 | — | — | — | — | 572 | 660 | — | 1,232 | 113 | 2001 | 2/21/2020 | 8 - 25 | ||||||||||||||||||||||||||||||||||||||
IHOP | Florence, SC | 1,106 | — | — | — | — | — | 1,106 | — | — | 1,106 | — | 2000 | 6/30/2020 | — | ||||||||||||||||||||||||||||||||||||||
IHOP | El Paso, TX | 1,714 | — | — | — | — | — | 1,714 | — | — | 1,714 | — | 2002 | 8/31/2022 | — | ||||||||||||||||||||||||||||||||||||||
JARED | Hoover, AL | 2,153 | — | — | — | — | — | 2,153 | — | — | 2,153 | — | 2013 | 3/30/2022 | — | ||||||||||||||||||||||||||||||||||||||
JKBOX | Sierra Vista, AZ | 1,136 | — | — | — | — | — | 1,136 | — | — | 1,136 | — | 2007 | 12/22/2021 | — | ||||||||||||||||||||||||||||||||||||||
JLUBE | Carmel, IN | 1,280 | 352 | — | — | — | — | 1,280 | 352 | — | 1,632 | 36 | 1993 | 12/31/2020 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
JLUBE | Indianapolis, IN | 1,264 | 541 | — | — | — | — | 1,264 | 541 | — | 1,805 | — | 1992 | 12/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
JLUBE | Brownsburg, IN | 1,242 | 563 | — | — | — | — | 1,242 | 563 | — | 1,805 | — | 1995 | 12/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
JLUBE | Indianapolis, IN | 1,095 | 489 | — | — | — | — | 1,095 | 489 | — | 1,584 | — | 1987 | 12/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
JLUBE | Merrillville, IN | 1,017 | 503 | — | — | — | — | 1,017 | 503 | — | 1,520 | — | 1981 | 12/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
JLUBE | South Bend, IN | 928 | 497 | — | — | — | — | 928 | 497 | — | 1,425 | — | 2004 | 12/20/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
KCAUT | Liberty, MO | 927 | 1,020 | — | — | — | — | 927 | 1,020 | — | 1,947 | 28 | 1997 | 4/14/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
KCAUT | Kansas City, MO | 822 | 1,135 | — | — | — | — | 822 | 1,135 | — | 1,957 | 30 | 2015 | 4/14/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
KCAUT | Independence, MO | 653 | 821 | — | — | — | — | 653 | 821 | — | 1,474 | 17 | 1990 | 5/19/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
KFC | Detroit, MI | 294 | 916 | — | — | — | — | 294 | 916 | — | 1,210 | 154 | 1997 | 9/14/2016 | 5 - 43 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
KFC | Auburn Hills, MI | 98 | 925 | — | — | — | — | 98 | 925 | — | 1,023 | 166 | 2002 | 9/14/2016 | 5 - 43 | ||||||||||||||||||||||||||||||||||||||
KFC | Detroit, MI | 75 | 732 | — | — | — | — | 75 | 732 | — | 807 | 140 | 1984 | 9/14/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Detroit, MI | 323 | 635 | — | — | — | — | 323 | 635 | — | 958 | 139 | 1984 | 9/14/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Altoona, WI | 195 | 1,714 | — | — | — | — | 195 | 1,714 | — | 1,909 | 279 | 1993 | 11/10/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
KFC | LaCrosse, WI | 216 | 893 | — | — | — | — | 216 | 893 | — | 1,109 | 201 | 1979 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Rice Lake, WI | 215 | 1,045 | — | — | — | — | 215 | 1,045 | — | 1,260 | 228 | 1991 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Chippewa Falls, WI | 167 | 924 | — | — | — | — | 167 | 924 | — | 1,091 | 177 | 2003 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | LaCrosse, WI | 245 | 1,042 | — | — | — | — | 245 | 1,042 | — | 1,287 | 218 | 1972 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Stevens Point, WI | 92 | 697 | — | — | — | — | 92 | 697 | — | 789 | 140 | 1984 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Wisconsin Rapids, WI | 179 | 1,928 | — | — | — | — | 179 | 1,928 | — | 2,107 | 308 | 1991 | 11/10/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
KFC | Wausau, WI | 126 | 1,387 | — | — | — | — | 126 | 1,387 | — | 1,513 | 220 | 1979 | 11/10/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
KFC | Escanaba, MI | 143 | 1,362 | — | — | — | — | 143 | 1,362 | — | 1,505 | 230 | 1985 | 11/10/2016 | 10 - 43 | ||||||||||||||||||||||||||||||||||||||
KFC | Menominee, MI | 93 | 862 | — | — | — | — | 93 | 862 | — | 955 | 179 | 1995 | 11/10/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Goshen, IN | 95 | 1,041 | — | — | — | — | 95 | 1,041 | — | 1,136 | 205 | 1976 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | South Bend, IN | 141 | 868 | — | — | — | — | 141 | 868 | — | 1,009 | 193 | 1970 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | South Bend, IN | 155 | 774 | — | — | — | — | 155 | 774 | — | 929 | 180 | 1973 | 11/10/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Mishawaka, IN | 72 | 1,510 | — | — | — | — | 72 | 1,510 | — | 1,582 | 228 | 1978 | 11/10/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
KFC | Kokomo, IN | 118 | 1,093 | — | — | — | — | 118 | 1,093 | — | 1,211 | 203 | 1994 | 11/10/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
KFC | Kokomo, IN | 141 | 1,798 | — | — | — | — | 141 | 1,798 | — | 1,939 | 288 | 1994 | 11/10/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
KFC | Birmingham, AL | 1,062 | 592 | — | — | — | — | 1,062 | 592 | — | 1,654 | 65 | 1991 | 12/8/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
KFC | Fairfield, AL | 1,006 | 543 | — | — | — | — | 1,006 | 543 | — | 1,549 | 63 | 1995 | 12/8/2020 | 10 - 22 | ||||||||||||||||||||||||||||||||||||||
KFC | Birmingham, AL | 1,101 | 556 | — | — | — | — | 1,101 | 556 | — | 1,657 | 86 | 2002 | 12/8/2020 | 7 - 18 | ||||||||||||||||||||||||||||||||||||||
KFC | Hueytown, AL | 719 | 589 | — | — | — | — | 719 | 589 | — | 1,308 | 67 | 1988 | 12/8/2020 | 10 - 22 | ||||||||||||||||||||||||||||||||||||||
KFC | Birmingham, AL | 1,102 | 495 | — | — | — | — | 1,102 | 495 | — | 1,597 | 58 | 1995 | 12/8/2020 | 10 - 22 | ||||||||||||||||||||||||||||||||||||||
KFC | Forestdale, AL | 972 | 544 | — | — | — | — | 972 | 544 | — | 1,516 | 66 | 1995 | 12/8/2020 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
KFC | Bessemer, AL | 1,105 | 521 | — | — | — | — | 1,105 | 521 | — | 1,626 | 65 | 1994 | 12/8/2020 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
KFC | Gardendale, AL | 926 | 695 | — | — | — | — | 926 | 695 | — | 1,621 | 75 | 1988 | 12/8/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
KFC | Huntsville, AL | 694 | 776 | — | — | — | — | 694 | 776 | — | 1,470 | 83 | 1976 | 12/8/2020 | 10 - 22 | ||||||||||||||||||||||||||||||||||||||
KFC | Decatur, AL | 734 | 739 | — | — | — | — | 734 | 739 | — | 1,473 | 84 | 1993 | 12/8/2020 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
KFC | Huntsville, AL | 678 | 762 | — | — | — | — | 678 | 762 | — | 1,440 | 79 | 2004 | 12/8/2020 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
KFC | Madison, AL | 845 | 580 | — | — | — | — | 845 | 580 | — | 1,425 | 74 | 1986 | 12/8/2020 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
KFC | Madison, AL | 966 | 765 | — | — | — | — | 966 | 765 | — | 1,731 | 89 | 1999 | 12/8/2020 | 10 - 22 | ||||||||||||||||||||||||||||||||||||||
KRIS | El Paso, TX | 2,483 | — | — | — | — | — | 2,483 | — | — | 2,483 | — | 2003 | 8/31/2022 | — | ||||||||||||||||||||||||||||||||||||||
KRIS | Troy, MI | 1,480 | — | — | — | — | — | 1,480 | — | — | 1,480 | — | 2003 | 12/24/2019 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
KRYST | Gardendale, AL | 723 | 376 | — | — | — | — | 723 | 376 | — | 1,099 | 88 | 1976 | 9/27/2019 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
KRYST | Lenoir City, TN | 1,124 | 338 | — | — | — | — | 1,124 | 338 | — | 1,462 | 79 | 1998 | 10/10/2019 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
KRYST | Pratville, AL | 1,077 | 385 | — | — | — | — | 1,077 | 385 | — | 1,462 | 89 | 1998 | 10/11/2019 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
KUMGO | Sand Springs, OK | 974 | 598 | — | — | — | — | 974 | 598 | — | 1,572 | 41 | 2001 | 6/4/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
LONGH | Tucker, GA | 1,407 | 923 | 10 | — | 339 | 214 | 1,407 | 1,262 | 224 | 2,893 | 1,048 | 1986 | 10/1/2007 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Snellville, GA | 1,911 | 925 | 76 | — | 422 | 147 | 1,911 | 1,347 | 223 | 3,481 | 1,074 | 1992 | 10/1/2007 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Macon, GA | 1,249 | 718 | 30 | — | 420 | 204 | 1,249 | 1,138 | 234 | 2,621 | 1,103 | 1992 | 10/1/2007 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | Augusta, GA | 1,631 | 845 | 46 | — | 300 | 103 | 1,631 | 1,145 | 149 | 2,925 | 969 | 1993 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Ocala, FL | 1,210 | 1,100 | 17 | — | 579 | 112 | 1,210 | 1,679 | 129 | 3,018 | 1,391 | 1993 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Altamonte Springs, FL | 1,649 | 974 | 22 | — | 450 | 135 | 1,649 | 1,424 | 157 | 3,230 | 1,022 | 1994 | 10/1/2007 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | Florence, KY | — | 741 | 52 | 1,191 | 347 | 165 | 1,191 | 1,088 | 217 | 2,496 | 883 | 1994 | 10/1/2007 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
LONGH | Gainesville, GA | 1,537 | 965 | 19 | — | 348 | 140 | 1,537 | 1,313 | 159 | 3,009 | 1,015 | 1995 | 10/1/2007 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Peachtree City, GA | 1,485 | 1,080 | 9 | — | 457 | 159 | 1,485 | 1,537 | 168 | 3,190 | 1,166 | 1995 | 10/1/2007 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Lawrenceville, GA | 1,865 | 1,116 | 17 | — | 451 | 117 | 1,865 | 1,567 | 134 | 3,566 | 1,103 | 1996 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Jensen Beach, FL | 1,322 | 1,082 | 33 | — | 347 | 153 | 1,322 | 1,429 | 186 | 2,937 | 1,098 | 1996 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Destin, FL | 2,053 | 793 | 16 | — | 357 | 224 | 2,053 | 1,150 | 240 | 3,443 | 958 | 1996 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Albany, GA | 1,500 | 988 | 34 | — | 422 | 126 | 1,500 | 1,410 | 160 | 3,070 | 982 | 1997 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Dublin, OH | 1,572 | 1,205 | 18 | — | 510 | 259 | 1,572 | 1,715 | 277 | 3,564 | 1,235 | 1997 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Columbia, SC | 1,677 | 1,291 | 23 | — | 495 | 176 | 1,677 | 1,786 | 199 | 3,662 | 1,264 | 1997 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Pineville, NC | 1,262 | 879 | 11 | — | 495 | 195 | 1,262 | 1,374 | 206 | 2,842 | 955 | 1998 | 10/1/2007 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | Johns Creek, GA | 1,694 | 1,089 | 18 | — | 203 | 123 | 1,694 | 1,292 | 141 | 3,127 | 891 | 1998 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Greensboro, NC | 1,438 | 1,017 | 16 | — | 270 | 152 | 1,438 | 1,287 | 168 | 2,893 | 849 | 1999 | 10/1/2007 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | Huntsville, AL | 1,443 | 983 | 7 | — | 350 | 194 | 1,443 | 1,333 | 201 | 2,977 | 884 | 1999 | 10/1/2007 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | Hickory, NC | 1,333 | 1,029 | 7 | — | 313 | 166 | 1,333 | 1,342 | 173 | 2,848 | 847 | 1999 | 10/1/2007 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | Tampa, FL | 1,488 | 1,078 | 6 | — | 297 | 189 | 1,488 | 1,375 | 195 | 3,058 | 998 | 2000 | 10/1/2007 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
LONGH | Clarksville, TN | 1,662 | 1,097 | 15 | — | 449 | 112 | 1,662 | 1,546 | 127 | 3,335 | 909 | 1999 | 10/1/2007 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Orlando, FL | 1,165 | 749 | 21 | — | 264 | 137 | 1,165 | 1,013 | 158 | 2,336 | 746 | 2000 | 10/1/2007 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
LONGH | Concord, NH | 1,329 | 935 | 7 | — | 359 | 172 | 1,329 | 1,294 | 179 | 2,802 | 794 | 2000 | 10/1/2007 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
LONGH | Orlando, FL | 1,492 | 1,277 | 52 | — | 297 | 150 | 1,492 | 1,574 | 202 | 3,268 | 1,009 | 2000 | 10/1/2007 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
LONGH | Medina, OH | 1,189 | 820 | 12 | — | 268 | 168 | 1,189 | 1,088 | 180 | 2,457 | 740 | 2000 | 10/1/2007 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
LONGH | Hoover, AL | 1,401 | 966 | 17 | — | 350 | 160 | 1,401 | 1,316 | 177 | 2,894 | 871 | 2001 | 10/1/2007 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
LONGH | Boardman, OH | 954 | 673 | 17 | — | 285 | 151 | 954 | 958 | 168 | 2,080 | 638 | 2001 | 10/1/2007 | 2 - 36 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
LONGH | Prattville, AL | 1,481 | 1,016 | 27 | — | 336 | 134 | 1,481 | 1,352 | 161 | 2,994 | 881 | 2001 | 10/1/2007 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
LONGH | Bensalem, PA | 1,645 | 600 | 17 | — | 346 | 160 | 1,645 | 946 | 177 | 2,768 | 632 | 2001 | 10/1/2007 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
LONGH | Lee’s Summit, MO | 1,705 | 1,219 | 34 | — | 285 | 88 | 1,705 | 1,504 | 122 | 3,331 | 835 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Germantown, MD | 1,439 | 1,069 | 27 | — | 306 | 138 | 1,439 | 1,375 | 165 | 2,979 | 857 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Independence, OH | 1,241 | 686 | 26 | — | 231 | 106 | 1,241 | 917 | 132 | 2,290 | 572 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Hiram, GA | 1,639 | 1,033 | 25 | — | 374 | 130 | 1,639 | 1,407 | 155 | 3,201 | 865 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Louisville, KY | 1,405 | 980 | 18 | — | 238 | 113 | 1,405 | 1,218 | 131 | 2,754 | 720 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Bowie, MD | 1,871 | 1,230 | 21 | — | 257 | 147 | 1,871 | 1,487 | 168 | 3,526 | 890 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Waldorf, MD | 1,929 | 1,167 | 26 | — | 245 | 162 | 1,929 | 1,412 | 188 | 3,529 | 868 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | West Palm Beach, FL | 1,781 | 1,228 | 27 | — | 297 | 132 | 1,781 | 1,525 | 159 | 3,465 | 901 | 2002 | 10/1/2007 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
LONGH | Columbia, MD | 1,918 | 1,439 | 40 | — | 268 | 161 | 1,918 | 1,707 | 201 | 3,826 | 992 | 2003 | 10/1/2007 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
LONGH | East Point, GA | 1,052 | 1,232 | 21 | — | 291 | 143 | 1,052 | 1,523 | 164 | 2,739 | 910 | 2003 | 10/1/2007 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
LONGH | Lexington, KY | 1,251 | 874 | 16 | — | 238 | 162 | 1,251 | 1,112 | 178 | 2,541 | 705 | 2003 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Winter Haven, FL | 1,285 | 1,149 | 39 | — | 276 | 124 | 1,285 | 1,425 | 163 | 2,873 | 857 | 2003 | 10/1/2007 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
LONGH | Jacksonville, FL | 795 | 1,302 | 32 | — | 210 | 128 | 795 | 1,512 | 160 | 2,467 | 872 | 2003 | 10/1/2007 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
LONGH | Daphne, AL | 1,130 | 757 | 30 | — | 308 | 111 | 1,130 | 1,065 | 141 | 2,336 | 704 | 2003 | 10/1/2007 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
LONGH | Anderson, SC | 1,445 | 990 | 41 | — | 240 | 111 | 1,445 | 1,230 | 152 | 2,827 | 730 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | Palm Harbor, FL | 1,406 | 917 | 32 | — | 263 | 93 | 1,406 | 1,180 | 125 | 2,711 | 741 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | West Chester, OH | 1,371 | 927 | 31 | — | 248 | 79 | 1,371 | 1,175 | 110 | 2,656 | 711 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | Jefferson City, MO | 1,342 | 875 | 60 | — | 196 | 68 | 1,342 | 1,071 | 128 | 2,541 | 647 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | Chantilly, VA | 1,568 | 882 | 50 | — | 262 | 66 | 1,568 | 1,144 | 116 | 2,828 | 655 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | Dawsonville, GA | 1,084 | 1,321 | 51 | — | 188 | 100 | 1,084 | 1,509 | 151 | 2,744 | 858 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | Opelika, AL | 1,427 | 1,244 | 36 | — | 202 | 58 | 1,427 | 1,446 | 94 | 2,967 | 813 | 2004 | 10/1/2007 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
LONGH | Indianapolis, IN | 1,298 | 854 | 55 | — | 211 | 51 | 1,298 | 1,065 | 106 | 2,469 | 636 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Grove City, OH | 1,566 | 1,067 | 53 | — | 191 | 61 | 1,566 | 1,258 | 114 | 2,938 | 721 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Springfield, IL | 1,573 | 1,451 | 65 | — | 182 | 79 | 1,573 | 1,633 | 144 | 3,350 | 928 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Covington, GA | 887 | 1,212 | 70 | — | 45 | 49 | 887 | 1,257 | 119 | 2,263 | 707 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | West Homestead, PA | 1,418 | 947 | 79 | — | 33 | 91 | 1,418 | 980 | 170 | 2,568 | 615 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Carrollton, GA | 1,192 | 1,227 | 75 | — | 15 | 49 | 1,192 | 1,242 | 124 | 2,558 | 715 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Tarentum, PA | 1,414 | 931 | 91 | — | 84 | 46 | 1,414 | 1,015 | 137 | 2,566 | 611 | 2005 | 10/1/2007 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Commerce, GA | 647 | 1,476 | 60 | — | 57 | 89 | 647 | 1,533 | 149 | 2,329 | 814 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | East Ellijay, GA | 1,126 | 1,272 | 70 | — | 21 | 82 | 1,126 | 1,293 | 152 | 2,571 | 743 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Acworth, GA | 1,941 | 1,255 | 70 | — | 23 | 82 | 1,941 | 1,278 | 152 | 3,371 | 723 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Peoria, IL | 1,299 | 848 | 81 | — | 143 | 46 | 1,299 | 991 | 127 | 2,417 | 613 | 2006 | 10/1/2007 | 2 - 41 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
LONGH | Hixson, TN | 1,676 | 1,263 | 84 | — | 40 | 44 | 1,676 | 1,303 | 128 | 3,107 | 721 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Fredericksburg, VA | 1,734 | 1,174 | 89 | — | 42 | 35 | 1,734 | 1,216 | 124 | 3,074 | 734 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Morgantown, WV | 1,223 | 812 | 89 | — | 27 | 44 | 1,223 | 839 | 133 | 2,195 | 556 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Florence, SC | 1,628 | 1,352 | 90 | — | 28 | 35 | 1,628 | 1,380 | 125 | 3,133 | 726 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Portage, IN | 901 | 1,652 | 105 | — | 59 | 26 | 901 | 1,711 | 131 | 2,743 | 888 | 2006 | 10/1/2007 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
LONGH | Macon, GA | 1,052 | 1,840 | 97 | — | 135 | 38 | 1,052 | 1,975 | 135 | 3,162 | 1,053 | 2007 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Panama City Beach, FL | 1,379 | 1,736 | 99 | — | 47 | 95 | 1,379 | 1,783 | 194 | 3,356 | 1,018 | 2007 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | LaGrange, GA | 979 | 1,527 | 111 | — | 36 | 52 | 979 | 1,563 | 163 | 2,705 | 885 | 2007 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Calhoun, GA | 765 | 1,760 | 109 | — | (4) | 36 | 765 | 1,756 | 145 | 2,666 | 955 | 2007 | 10/1/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
LONGH | Dublin, GA | 389 | 1,910 | 140 | — | 27 | 23 | 389 | 1,937 | 163 | 2,489 | 971 | 2008 | 1/14/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Monroe, GA | 966 | 1,549 | 164 | — | 30 | 13 | 966 | 1,579 | 177 | 2,722 | 825 | 2008 | 4/28/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Denham Springs, LA | 1,306 | 2,049 | 283 | — | 35 | 12 | 1,306 | 2,084 | 295 | 3,685 | 1,275 | 2008 | 8/25/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Cornelia, GA | 106 | 1,542 | 281 | 283 | 52 | 8 | 389 | 1,594 | 289 | 2,272 | 986 | 2008 | 12/1/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
LONGH | Richmond, VA | 1,442 | 1,758 | 207 | — | 24 | 14 | 1,442 | 1,782 | 221 | 3,445 | 972 | 2009 | 2/23/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
LONGH | San Antonio, TX | 907 | 1,504 | — | — | 713 | 560 | 907 | 2,217 | 560 | 3,684 | 1,414 | 2010 | 1/18/2010 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Orlando, FL | 1,406 | 1,701 | 253 | — | 23 | 6 | 1,406 | 1,724 | 259 | 3,389 | 881 | 2010 | 3/8/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH | Thomasville, GA | 730 | 1,688 | 229 | — | 19 | 5 | 730 | 1,707 | 234 | 2,671 | 907 | 2010 | 4/19/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH | San Antonio, TX | 947 | 1,436 | — | — | 444 | 882 | 947 | 1,880 | 882 | 3,709 | 1,301 | 2010 | 5/10/2010 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | San Antonio, TX | 1,206 | 1,583 | — | — | 245 | 568 | 1,206 | 1,828 | 568 | 3,602 | 1,277 | 2010 | 7/5/2010 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Jackson, TN | 1,398 | 1,257 | 204 | — | 16 | 8 | 1,398 | 1,273 | 212 | 2,883 | 691 | 2010 | 7/19/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH | Conyers, GA | 589 | 1,797 | 198 | — | 30 | 21 | 589 | 1,827 | 219 | 2,635 | 912 | 2010 | 8/2/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH | San Antonio, TX | — | 1,382 | 735 | 1,990 | 249 | (132) | 1,990 | 1,631 | 603 | 4,224 | 1,249 | 2010 | 10/11/2010 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Fort Smith, AR | 953 | 1,610 | 252 | — | 23 | 10 | 953 | 1,633 | 262 | 2,848 | 861 | 2010 | 11/1/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH | Whitehall, PA | 1,307 | 1,901 | 270 | — | 24 | 7 | 1,307 | 1,925 | 277 | 3,509 | 967 | 2010 | 12/6/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH | New Braunfels, TX | — | 1,330 | 681 | — | 146 | (187) | — | 1,476 | 494 | 1,970 | 1,103 | 2011 | 1/24/2011 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | McAllen, TX | 1,128 | 1,600 | 284 | — | 13 | 13 | 1,128 | 1,613 | 297 | 3,038 | 836 | 2011 | 3/28/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Kingsland, GA | 849 | 1,564 | 236 | — | 13 | 5 | 849 | 1,577 | 241 | 2,667 | 765 | 2011 | 4/25/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Jonesboro, AR | 902 | 1,704 | 234 | — | 15 | 1 | 902 | 1,719 | 235 | 2,856 | 833 | 2011 | 4/25/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Hanover, MD | 1,437 | 2,258 | 252 | — | 45 | 2 | 1,437 | 2,303 | 254 | 3,994 | 997 | 2011 | 5/16/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Council Bluffs, IA | 869 | 1,827 | 236 | — | 31 | 7 | 869 | 1,858 | 243 | 2,970 | 873 | 2011 | 5/31/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | San Antonio, TX | — | 278 | 383 | — | (276) | (265) | — | 2 | 118 | 120 | 75 | 2011 | 6/20/2011 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
LONGH | Tupelo, MS | 771 | 1,717 | 236 | — | 13 | 1 | 771 | 1,730 | 237 | 2,738 | 772 | 2011 | 8/29/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Champaign, IL | 1,499 | 1,725 | 267 | — | 4 | 3 | 1,499 | 1,729 | 270 | 3,498 | 810 | 2011 | 10/10/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Rapid City, SD | 965 | 1,869 | 252 | — | 2 | 3 | 965 | 1,871 | 255 | 3,091 | 892 | 2011 | 10/10/2011 | 2 - 46 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
APB | Tracy, CA | 1,267 | — | — | — | — | — | 1,267 | — | — | 1,267 | — | 2004 | 11/20/2018 | — | ||
ARB | Rocky Mount, NC | 261 | 1,405 | — | — | — | — | 261 | 1,405 | — | 1,666 | 125 | 2004 | 9/6/2016 | 10 - 45 | ||
ARB | Roanoke Rapids, NC | 288 | 1,563 | — | — | — | — | 288 | 1,563 | — | 1,851 | 146 | 2003 | 9/6/2016 | 10 - 45 | ||
ARB | South Hill, VA | 538 | 1,283 | — | — | — | — | 538 | 1,283 | — | 1,821 | 109 | 2002 | 11/3/2016 | 10 - 50 | ||
ARB | Wake Forest, NC | 805 | 1,344 | — | — | — | — | 805 | 1,344 | — | 2,149 | 140 | 2005 | 11/3/2016 | 9 - 49 | ||
ARB | Birch Run, MI | 590 | 777 | — | — | — | — | 590 | 777 | — | 1,367 | 97 | 1991 | 11/9/2016 | 10 - 40 | ||
ARB | Brighton, MI | 456 | 990 | — | — | — | — | 456 | 990 | — | 1,446 | 100 | 1987 | 11/9/2016 | 10 - 40 | ||
ARB | Cedar Rapids, IA | 485 | — | — | — | — | — | 485 | — | — | 485 | — | 1987 | 1/12/2018 | — | ||
ARB | Plainwell, MI | 696 | 837 | — | — | — | — | 696 | 837 | — | 1,533 | 57 | 1999 | 8/6/2018 | 3 - 36 | ||
ARB | Logan, UT | 827 | 1,157 | — | — | — | — | 827 | 1,157 | — | 1,984 | 25 | 1980 | 5/1/2019 | 5 - 40 | ||
ARB | Spring Lake, MI | 317 | 762 | — | — | — | — | 317 | 762 | — | 1,079 | 14 | 1986 | 6/21/2019 | 5 - 30 | ||
ARB | Holland, MI | 735 | 735 | — | — | — | — | 735 | 735 | — | 1,469 | 18 | 1988 | 6/21/2019 | 5 - 30 | ||
ARB | Muskegon, MI | 486 | 919 | — | — | — | — | 486 | 919 | — | 1,405 | 15 | 1979 | 6/21/2019 | 5 - 40 | ||
ARB | Kokomo, IN | 902 | — | — | — | — | — | 902 | — | — | 902 | — | 2003 | 8/1/2019 | — | ||
BB | Raleigh, NC | 2,507 | 3,230 | 155 | — | 918 | 314 | 2,507 | 4,148 | 469 | 7,124 | 3,061 | 1999 | 5/17/1999 | 2 - 38 | ||
BB | Duluth, GA | 1,292 | 2,362 | 254 | — | 1,378 | 274 | 1,292 | 3,740 | 528 | 5,560 | 2,959 | 1999 | 5/24/1999 | 2 - 38 | ||
BB | Miami, FL | 1,731 | 3,427 | 222 | — | 1,162 | 422 | 1,731 | 4,589 | 644 | 6,964 | 3,313 | 2000 | 4/4/2000 | 2 - 35 | ||
BB | Fort Myers, FL | 1,914 | 2,863 | 186 | — | 916 | 398 | 1,914 | 3,779 | 584 | 6,277 | 2,637 | 2000 | 5/16/2000 | 2 - 35 | ||
BB | Pembroke Pines, FL | 1,808 | 2,999 | 207 | — | 1,039 | 382 | 1,808 | 4,038 | 589 | 6,435 | 2,777 | 2000 | 12/18/2000 | 2 - 35 | ||
BB | Livonia, MI | 2,105 | 3,856 | 286 | — | 362 | 138 | 2,105 | 4,218 | 424 | 6,747 | 3,034 | 2001 | 2/6/2001 | 2 - 36 | ||
BB | Sunrise, FL | 1,515 | 3,251 | 138 | — | 450 | 224 | 1,515 | 3,701 | 362 | 5,578 | 2,320 | 2002 | 10/22/2002 | 2 - 37 | ||
BB | Jacksonville, FL | 2,235 | 2,295 | 344 | — | 50 | 13 | 2,235 | 2,345 | 357 | 4,937 | 1,125 | 2010 | 3/29/2010 | 2 - 45 | ||
BB | Orlando, FL | 1,659 | 2,340 | 356 | — | 324 | 41 | 1,659 | 2,664 | 397 | 4,720 | 980 | 2012 | 2/27/2012 | 2 - 47 | ||
BE | Dover, DE | 591 | 1,713 | — | — | — | — | 591 | 1,713 | — | 2,304 | 129 | 1993 | 4/28/2017 | 10 - 50 | ||
BE | Indianapolis, IN | 603 | 1,701 | — | — | — | — | 603 | 1,701 | — | 2,304 | 124 | 1991 | 4/28/2017 | 10 - 50 | ||
BE | Bowie, MD | 506 | 1,940 | — | — | — | — | 506 | 1,940 | — | 2,446 | 144 | 1995 | 4/28/2017 | 10 - 50 | ||
BE | Catonsville, MD | 170 | 1,091 | — | — | — | — | 170 | 1,091 | — | 1,261 | 87 | 2003 | 4/28/2017 | 10 - 50 | ||
BE | Midland, MI | 1,060 | 1,567 | — | — | — | — | 1,060 | 1,567 | — | 2,627 | 116 | 1998 | 4/28/2017 | 10 - 50 | ||
BE | Niagara Falls, NY | 304 | 1,892 | — | — | — | — | 304 | 1,892 | — | 2,196 | 141 | 1992 | 4/28/2017 | 10 - 50 | ||
BE | Independence, OH | 1,161 | 1,847 | — | — | — | — | 1,161 | 1,847 | — | 3,008 | 128 | 1994 | 4/28/2017 | 11 - 51 | ||
BE | Centerville, OH | 947 | 1,209 | — | — | — | — | 947 | 1,209 | — | 2,156 | 106 | 1997 | 4/28/2017 | 7 - 45 | ||
BE | Blacklick, OH | 1,178 | 1,269 | — | — | — | — | 1,178 | 1,269 | — | 2,447 | 123 | 1999 | 4/28/2017 | 7 - 45 | ||
BE | Celina, OH | 944 | 1,431 | — | — | — | — | 944 | 1,431 | — | 2,375 | 110 | 2005 | 4/28/2017 | 9 - 49 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
LONGH | West Melbourne, FL | 1,144 | 1,858 | 266 | — | 4 | 3 | 1,144 | 1,862 | 269 | 3,275 | 862 | 2011 | 11/21/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
LONGH | Flowood, MS | 1,088 | 1,803 | 327 | 34 | — | 2 | 1,122 | 1,803 | 329 | 3,254 | 897 | 2012 | 2/6/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
LONGH | McAllen, TX | 1,339 | 1,775 | 319 | — | 3 | 12 | 1,339 | 1,778 | 331 | 3,448 | 867 | 2012 | 2/27/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
LONGH | Deptford, NJ | 1,799 | 1,694 | 287 | — | 3 | (2) | 1,799 | 1,697 | 285 | 3,781 | 787 | 2012 | 3/26/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
LONGH | Athens, GA | 970 | 1,744 | 289 | — | 35 | 13 | 970 | 1,779 | 302 | 3,051 | 774 | 2012 | 10/29/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
LONGH | Morehead City, NC | 975 | 1,941 | 340 | — | 2 | 1 | 975 | 1,943 | 341 | 3,259 | 840 | 2013 | 1/14/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Columbus, MS | 1,155 | 1,993 | 256 | — | 4 | 4 | 1,155 | 1,997 | 260 | 3,412 | 763 | 2013 | 2/18/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Sandusky, OH | 1,081 | 2,027 | 263 | — | — | 2 | 1,081 | 2,027 | 265 | 3,373 | 780 | 2013 | 4/22/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Coralville, IA | 953 | 2,135 | 288 | — | — | (3) | 953 | 2,135 | 285 | 3,373 | 830 | 2013 | 5/13/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Cleveland, TN | 1,054 | 1,776 | 337 | — | — | 1 | 1,054 | 1,776 | 338 | 3,168 | 751 | 2013 | 5/13/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Cincinnati, OH | 1,205 | 1,758 | 291 | — | — | 3 | 1,205 | 1,758 | 294 | 3,257 | 700 | 2013 | 8/26/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Minot, ND | 887 | 2,230 | 314 | — | 15 | 17 | 887 | 2,245 | 331 | 3,463 | 835 | 2013 | 9/23/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
LONGH | Bethlehem, GA | 936 | 1,684 | 286 | — | — | — | 936 | 1,684 | 286 | 2,906 | 629 | 2014 | 1/20/2014 | 2 - 49 | ||||||||||||||||||||||||||||||||||||||
LONGH | Wilkes Barre, PA | 859 | 2,227 | 278 | — | 6 | — | 859 | 2,233 | 278 | 3,370 | 766 | 2014 | 1/27/2014 | 2 - 49 | ||||||||||||||||||||||||||||||||||||||
LONGH | Columbia, SC | 1,407 | — | — | — | — | — | 1,407 | — | — | 1,407 | — | 1997 | 12/7/2017 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Gadsden, AL | 1,580 | — | — | — | — | — | 1,580 | — | — | 1,580 | — | 2018 | 4/19/2019 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Salisbury, MD | 1,514 | — | — | — | — | — | 1,514 | — | — | 1,514 | — | 2011 | 10/21/2019 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Watertown, NY | 1,437 | — | — | — | — | — | 1,437 | — | — | 1,437 | — | 2015 | 12/6/2019 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Orlando, FL | 1,846 | — | — | — | — | — | 1,846 | — | — | 1,846 | — | 2018 | 6/30/2020 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | St. Petersburg, FL | 1,235 | — | — | — | — | — | 1,235 | — | — | 1,235 | — | 2018 | 6/30/2020 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Lansing, MI | 882 | — | — | — | — | — | 882 | — | — | 882 | — | 2013 | 2/26/2020 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Oklahoma City, OK | 1,716 | — | — | — | — | — | 1,716 | — | — | 1,716 | — | 2004 | 7/6/2020 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Norman, OK | 1,971 | — | — | — | — | — | 1,971 | — | — | 1,971 | — | 2018 | 12/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
LONGH | Jacksonville, FL | 1,960 | 1,308 | — | — | — | — | 1,960 | 1,308 | — | 3,268 | 123 | 1986 | 9/22/2020 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
LONGH | Live Oak, TX | 2,400 | 864 | 20 | 5 | 1,334 | 779 | 2,405 | 2,198 | 799 | 5,402 | 500 | 2021 | 7/31/2020 | 3 - 36 | ||||||||||||||||||||||||||||||||||||||
LTGNL | Summerville, WV | 757 | 862 | — | — | — | — | 757 | 862 | — | 1,619 | 45 | 1996 | 12/15/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
MAVIS | Camp Hill, PA | 1,148 | — | — | — | — | — | 1,148 | — | — | 1,148 | — | 2019 | 12/30/2019 | — | ||||||||||||||||||||||||||||||||||||||
MAVIS | West Bend, WI | 704 | 892 | — | — | — | — | 704 | 892 | — | 1,596 | 42 | 2001 | 6/29/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
MAVIS | Wheaton, IL | 1,382 | 1,264 | — | — | — | — | 1,382 | 1,264 | — | 2,646 | 31 | 1948 | 4/11/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
MCDC | Altamonte Springs, FL | 1,489 | — | — | — | — | — | 1,489 | — | — | 1,489 | — | 1991 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
MCDC | Kokomo, IN | 1,671 | — | — | — | — | — | 1,671 | — | — | 1,671 | — | 2016 | 6/29/2018 | — | ||||||||||||||||||||||||||||||||||||||
MCDC | Grand Junction, CO | 1,163 | — | — | — | — | — | 1,163 | — | — | 1,163 | — | 1985 | 1/18/2019 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
BE | Canton, OH | 755 | 1,441 | — | — | — | — | 755 | 1,441 | — | 2,196 | 101 | 2005 | 4/28/2017 | 10 - 50 | ||
BE | Kent, OH | 814 | 1,215 | — | — | — | — | 814 | 1,215 | — | 2,029 | 90 | 1994 | 4/28/2017 | 10 - 50 | ||
BE | Waynesburg, PA | 389 | 1,758 | — | — | — | — | 389 | 1,758 | — | 2,147 | 143 | 2006 | 4/28/2017 | 10 - 50 | ||
BE | Fredericksburg, VA | 218 | 1,068 | — | — | — | — | 218 | 1,068 | — | 1,286 | 90 | 2006 | 4/28/2017 | 7 - 45 | ||
BE | Kanawha City, WV | 405 | 1,899 | — | — | — | — | 405 | 1,899 | — | 2,304 | 136 | 2000 | 4/28/2017 | 10 - 50 | ||
BE | Lima, OH | 1,382 | 1,461 | — | — | — | — | 1,382 | 1,461 | — | 2,843 | 121 | 1988 | 4/28/2017 | 9 - 49 | ||
BE | Englewood, OH | 958 | — | — | — | — | — | 958 | — | — | 958 | — | 2004 | 10/18/2019 | — | ||
BJ | Youngstown, OH | 1,125 | — | — | — | — | — | 1,125 | — | — | 1,125 | — | 2017 | 1/12/2018 | — | ||
BJ | Longview, TX | 1,508 | — | — | — | — | — | 1,508 | — | — | 1,508 | — | 2015 | 11/16/2018 | — | ||
BJ | Livonia, MI | 638 | 3,259 | — | — | — | — | 638 | 3,259 | — | 3,897 | 62 | 2018 | 12/28/2018 | 14 - 54 | ||
BJ | Ft. Wayne, IN | 2,878 | — | — | — | — | — | 2,878 | — | — | 2,878 | — | 2016 | 12/24/2019 | — | ||
BJ | Little Rock, AR | 3,646 | — | — | — | — | — | 3,646 | — | — | 3,646 | — | 2014 | 12/27/2019 | — | ||
BK | Keysville, VA | 571 | 1,424 | — | — | — | — | 571 | 1,424 | — | 1,995 | 122 | 1996 | 10/28/2016 | 10 - 50 | ||
BK | Roxboro, NC | 601 | 2,089 | — | — | — | — | 601 | 2,089 | — | 2,690 | 162 | 1989 | 10/28/2016 | 10 - 50 | ||
BK | Oxford, NC | 449 | 1,892 | — | — | — | — | 449 | 1,892 | — | 2,341 | 152 | 1982 | 10/28/2016 | 10 - 50 | ||
BK | Huntsville, AL | 460 | 1,549 | — | — | — | — | 460 | 1,549 | — | 2,009 | 136 | 2000 | 10/28/2016 | 10 - 50 | ||
BK | Amory, MS | 570 | 2,159 | — | — | — | — | 570 | 2,159 | — | 2,729 | 150 | 2016 | 10/28/2016 | 14 - 54 | ||
BK | Madisonville, KY | 1,071 | 1,257 | — | — | — | — | 1,071 | 1,257 | — | 2,328 | 135 | 1986 | 11/9/2016 | 10 - 45 | ||
BK | Monterey, TN | 429 | 1,611 | — | — | — | — | 429 | 1,611 | — | 2,040 | 122 | 2000 | 12/28/2016 | 10 - 50 | ||
BK | Crossville, TN | 397 | 1,873 | — | — | — | — | 397 | 1,873 | — | 2,270 | 139 | 1987 | 12/28/2016 | 10 - 50 | ||
BK | Livingston, TN | 481 | 1,354 | — | — | — | — | 481 | 1,354 | — | 1,835 | 102 | 2015 | 12/28/2016 | 13 - 53 | ||
BK | Mount Juliet, TN | 683 | 1,101 | — | — | — | — | 683 | 1,101 | — | 1,784 | 138 | 1988 | 12/28/2016 | 7 - 40 | ||
BK | Herkimer, NY | 308 | 1,460 | — | — | — | — | 308 | 1,460 | — | 1,768 | 94 | 2002 | 1/12/2017 | 13 - 53 | ||
BK | Chattanooga, TN | 485 | 894 | — | — | — | — | 485 | 894 | — | 1,379 | 80 | 1998 | 1/12/2017 | 10 - 45 | ||
BK | Salem, IN | 534 | 1,608 | — | — | — | — | 534 | 1,608 | — | 2,142 | 97 | 2016 | 6/30/2017 | 14 - 54 | ||
BK | Tupelo, MS | 772 | 1,765 | — | — | — | — | 772 | 1,765 | — | 2,537 | 104 | 2016 | 6/30/2017 | 14 - 54 | ||
BK | Booneville, MS | 448 | 1,253 | — | — | — | — | 448 | 1,253 | — | 1,701 | 76 | 2016 | 6/30/2017 | 14 - 54 | ||
BK | Tupelo, MS | 953 | 1,418 | — | — | — | — | 953 | 1,418 | — | 2,371 | 101 | 1998 | 6/30/2017 | 10 - 50 | ||
BK | Memphis, TN | 739 | 1,708 | — | — | — | — | 739 | 1,708 | — | 2,447 | 95 | 1996 | 6/30/2017 | 15 - 55 | ||
BK | Columbus, MS | 922 | 1,633 | — | — | — | — | 922 | 1,633 | — | 2,555 | 108 | 2000 | 6/30/2017 | 12 - 52 | ||
BK | Tupelo, MS | 826 | 1,774 | — | — | — | — | 826 | 1,774 | — | 2,600 | 114 | 1998 | 6/30/2017 | 10 - 50 | ||
BK | Olive Branch, MS | 521 | 1,317 | — | — | — | — | 521 | 1,317 | — | 1,838 | 72 | 2016 | 12/19/2017 | 14 - 54 | ||
BK | Holly Springs, MS | 335 | 1,253 | — | — | — | — | 335 | 1,253 | — | 1,588 | 62 | 2016 | 12/19/2017 | 14 - 54 | ||
BK | Waldorf, MD | 747 | 1,214 | — | — | — | — | 747 | 1,214 | — | 1,961 | 30 | 1989 | 4/3/2019 | 10 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
MDELI | Andrews, TX | 283 | 1,772 | — | — | — | — | 283 | 1,772 | — | 2,055 | 237 | 2014 | 1/27/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
MDELI | San Angelo, TX | 248 | 1,913 | — | — | — | — | 248 | 1,913 | — | 2,161 | 241 | 2014 | 1/27/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
MDELI | Shavano Park, TX | 486 | 1,915 | — | — | — | — | 486 | 1,915 | — | 2,401 | 292 | 2014 | 2/16/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
MDELI | New Braunfels, TX | 472 | 1,932 | — | — | — | — | 472 | 1,932 | — | 2,404 | 287 | 2017 | 3/16/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
MILLR | Hyattsville, MD | 3,609 | — | — | — | — | — | 3,609 | — | — | 3,609 | — | 2019 | 9/15/2022 | — | ||||||||||||||||||||||||||||||||||||||
MONRO | Rochester, NY | 146 | 557 | — | — | — | — | 146 | 557 | — | 703 | 43 | 1995 | 6/10/2021 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
MRTIR | Owning Mills, MD | 507 | 656 | — | — | — | — | 507 | 656 | — | 1,163 | 27 | 1971 | 12/29/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
MRTIR | Baltimore, MD | 192 | 405 | — | — | — | — | 192 | 405 | — | 597 | 13 | 1972 | 12/29/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
MRTIR | Pikesville, MD | 297 | 335 | — | — | — | — | 297 | 335 | — | 632 | 12 | 1964 | 12/29/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
MRTIR | Absecon, NJ | 380 | 770 | — | — | — | — | 380 | 770 | — | 1,150 | 16 | 1961 | 8/12/2022 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
NAPA | Des Moines, IA | 199 | 802 | — | — | — | — | 199 | 802 | — | 1,001 | 48 | 1970 | 9/21/2021 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
NAPA | Anchorage, AK | 617 | 693 | — | — | — | — | 617 | 693 | — | 1,310 | 27 | 1999 | 5/27/2022 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
NAPA | Cabot, AR | 434 | 759 | — | — | — | — | 434 | 759 | — | 1,193 | 14 | 2006 | 5/27/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
NAPA | Middleburg, FL | 849 | 730 | — | — | — | — | 849 | 730 | — | 1,579 | 17 | 2006 | 5/27/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NAPA | Dade City, FL | 710 | 1,031 | — | — | — | — | 710 | 1,031 | — | 1,741 | 21 | 2006 | 5/27/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NAPA | Douglasville, GA | 1,196 | 1,519 | — | — | — | — | 1,196 | 1,519 | — | 2,715 | 30 | 1999 | 5/27/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NAPA | Duluth, GA | 682 | 1,259 | — | — | — | — | 682 | 1,259 | — | 1,941 | 23 | 2007 | 5/27/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
NAPA | Olathe, KS | 535 | 795 | — | — | — | — | 535 | 795 | — | 1,330 | 5 | 1995 | 10/19/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
NAPA | Plymouth, MI | 75 | 689 | — | — | — | — | 75 | 689 | — | 764 | 4 | 1945 | 10/17/2022 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
NAPA | Olive Branch, MS | 686 | 807 | — | — | — | — | 686 | 807 | — | 1,493 | 18 | 2003 | 5/27/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NAPA | High Point, NC | 777 | 973 | — | — | — | — | 777 | 973 | — | 1,750 | 21 | 1999 | 5/27/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NAPA | Bellevue, NE | 785 | 741 | — | — | — | — | 785 | 741 | — | 1,526 | 25 | 1998 | 5/27/2022 | 3 - 26 | ||||||||||||||||||||||||||||||||||||||
NAPA | Albuquerque, NM | 515 | 982 | — | — | — | — | 515 | 982 | — | 1,497 | 18 | 2006 | 5/27/2022 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
NAPA | Columbus, OH | 754 | 773 | — | — | — | — | 754 | 773 | — | 1,527 | 20 | 2000 | 5/27/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
NAPA | Newport News, VA | 792 | 791 | — | — | — | — | 792 | 791 | — | 1,583 | 18 | 2006 | 5/27/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NTB | Denham Springs, LA | 488 | 940 | — | — | — | — | 488 | 940 | — | 1,428 | 40 | 2004 | 8/17/2021 | 10 - 37 | ||||||||||||||||||||||||||||||||||||||
NTB | Waldorf, MD | 1,522 | — | — | — | — | — | 1,522 | — | — | 1,522 | — | 1990 | 12/16/2021 | — | ||||||||||||||||||||||||||||||||||||||
NTB | D'lberville, MS | 773 | 946 | — | — | — | — | 773 | 946 | — | 1,719 | 54 | 2003 | 5/7/2021 | 10 - 38 | ||||||||||||||||||||||||||||||||||||||
NTB | Ocean Springs, MS | 740 | 838 | — | — | — | — | 740 | 838 | — | 1,578 | 52 | 2003 | 5/7/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
NTB | Gulfport, MS | 892 | 946 | — | — | — | — | 892 | 946 | — | 1,838 | 52 | 2003 | 5/7/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
NTB | Macedonia, OH | 1,125 | 946 | — | — | — | — | 1,125 | 946 | — | 2,071 | 63 | 2004 | 5/7/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
NTB | Stow, OH | 905 | 987 | — | — | — | — | 905 | 987 | — | 1,892 | 51 | 2004 | 5/7/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
NTB | Wadsworth, OH | 882 | 941 | — | — | — | — | 882 | 941 | — | 1,823 | 49 | 2004 | 5/7/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
NTB | Jacksonville, NC | 586 | 351 | — | — | — | — | 586 | 351 | — | 937 | 12 | 1986 | 8/30/2022 | 10 | ||||||||||||||||||||||||||||||||||||||
NTB | Jacksonville, NC | 636 | 1,071 | — | — | — | — | 636 | 1,071 | — | 1,707 | 17 | 1996 | 8/30/2022 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
OAKST | Oklahoma City, OK | 755 | 902 | — | — | — | — | 755 | 902 | — | 1,657 | 52 | 1999 | 10/13/2021 | 5 - 35 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Greenwood, IN | 400 | 749 | 1 | — | 1,883 | 625 | 400 | 2,632 | 626 | 3,658 | 2,365 | 1985 | 7/15/1985 | 2 - 49 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Indianapolis, IN | 333 | 755 | 15 | — | 1,839 | 541 | 333 | 2,594 | 556 | 3,483 | 2,180 | 1985 | 7/15/1985 | 2 - 49 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Kissimmee, FL | 400 | 710 | 2 | — | 1,803 | 615 | 400 | 2,513 | 617 | 3,530 | 2,520 | 1985 | 8/5/1985 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Huntsville, AL | 317 | 719 | 1 | — | 1,092 | 338 | 317 | 1,811 | 339 | 2,467 | 1,786 | 1986 | 3/3/1986 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Las Vegas, NV | 597 | 557 | 12 | — | 1,108 | 316 | 597 | 1,665 | 328 | 2,590 | 1,755 | 1986 | 3/31/1986 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Ocala, FL | 470 | 416 | 11 | — | 2,112 | 383 | 470 | 2,528 | 394 | 3,392 | 2,163 | 1986 | 7/14/1986 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Granger, IN | 220 | 650 | 15 | — | 1,309 | 348 | 220 | 1,959 | 363 | 2,542 | 2,053 | 1986 | 9/8/1986 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Toledo, OH | 275 | 343 | 6 | — | 1,146 | 244 | 275 | 1,489 | 250 | 2,014 | 1,585 | 1986 | 9/15/1986 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bradenton, FL | 207 | 837 | 4 | — | 1,779 | 602 | 207 | 2,616 | 606 | 3,429 | 2,355 | 1986 | 11/3/1986 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Clearwater, FL | 717 | 593 | 17 | — | 1,521 | 446 | 717 | 2,114 | 463 | 3,294 | 2,025 | 1986 | 12/2/1986 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | North Richland Hills, TX | 468 | 1,187 | 19 | — | 1,414 | 342 | 468 | 2,601 | 361 | 3,430 | 2,492 | 1986 | 12/15/1986 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Austin, TX | 492 | 1,183 | 6 | — | 1,690 | 440 | 492 | 2,873 | 446 | 3,811 | 2,713 | 1987 | 1/12/1987 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Morrow, GA | 446 | 813 | 10 | — | 1,448 | 423 | 446 | 2,261 | 433 | 3,140 | 2,293 | 1987 | 3/23/1987 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mobile, AL | 698 | 872 | 31 | — | 1,209 | 479 | 698 | 2,081 | 510 | 3,289 | 2,060 | 1987 | 5/18/1987 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fort Worth, TX | 654 | 626 | 29 | — | 1,273 | 403 | 654 | 1,899 | 432 | 2,985 | 1,909 | 1987 | 5/25/1987 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fort Myers, FL | 289 | 1,124 | 14 | — | 1,786 | 550 | 289 | 2,910 | 564 | 3,763 | 2,590 | 1987 | 5/25/1987 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bakersfield, CA | 529 | 861 | 54 | — | 1,294 | 264 | 529 | 2,155 | 318 | 3,002 | 2,120 | 1987 | 5/25/1987 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tulsa, OK | 702 | 637 | 23 | — | 1,137 | 291 | 702 | 1,774 | 314 | 2,790 | 1,748 | 1987 | 6/22/1987 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mesquite, TX | 721 | 772 | 10 | 238 | 1,650 | 435 | 959 | 2,422 | 445 | 3,826 | 2,234 | 1987 | 7/20/1987 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Indianapolis, IN | 526 | 82 | 2 | — | 2,534 | 406 | 526 | 2,616 | 408 | 3,550 | 1,953 | 1987 | 7/20/1987 | 2 - 49 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Canton, OH | 275 | 834 | 8 | — | 829 | 426 | 275 | 1,663 | 434 | 2,372 | 1,799 | 1987 | 9/21/1987 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Duluth, GA | 675 | 906 | 18 | 351 | 1,247 | 313 | 1,026 | 2,153 | 331 | 3,510 | 2,105 | 1987 | 11/2/1987 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Reno, NV | — | 639 | 29 | 1,215 | 1,581 | 560 | 1,215 | 2,220 | 589 | 4,024 | 2,500 | 1988 | 1/18/1988 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Orlando, FL | — | 894 | 6 | 1,585 | 1,792 | 614 | 1,585 | 2,686 | 620 | 4,891 | 2,718 | 1988 | 2/1/1988 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Middleburg Heights, OH | 555 | 882 | 18 | — | 1,285 | 400 | 555 | 2,167 | 418 | 3,140 | 2,223 | 1988 | 3/7/1988 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Knoxville, TN | 375 | 1,397 | 33 | — | 700 | 220 | 375 | 2,097 | 253 | 2,725 | 2,063 | 1988 | 3/14/1988 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fairfield, OH | 325 | 1,230 | 15 | — | 1,303 | 276 | 325 | 2,533 | 291 | 3,149 | 2,378 | 1988 | 3/21/1988 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Akron, OH | 577 | 1,048 | 6 | — | 879 | 281 | 577 | 1,927 | 287 | 2,791 | 1,847 | 1988 | 4/4/1988 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fairview Heights, IL | 735 | 1,162 | 19 | — | 1,163 | 518 | 735 | 2,325 | 537 | 3,597 | 2,451 | 1988 | 5/9/1988 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Grand Rapids, MI | — | 959 | 14 | 749 | 753 | 288 | 749 | 1,712 | 302 | 2,763 | 1,788 | 1988 | 5/9/1988 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Toledo, OH | — | 891 | 38 | 652 | 726 | 201 | 652 | 1,617 | 239 | 2,508 | 1,689 | 1988 | 5/23/1988 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Chattanooga, TN | 604 | 760 | 19 | — | 937 | 405 | 604 | 1,697 | 424 | 2,725 | 1,801 | 1988 | 6/6/1988 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lansing, IL | — | 814 | 18 | 912 | 1,200 | 379 | 912 | 2,014 | 397 | 3,323 | 1,996 | 1988 | 6/20/1988 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bloomington, MN | 525 | 1,779 | 20 | — | 771 | 393 | 525 | 2,550 | 413 | 3,488 | 2,963 | 1988 | 6/28/1988 | 2 - 41 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Livonia, MI | — | 459 | 25 | 890 | 2,624 | 331 | 890 | 3,083 | 356 | 4,329 | 2,997 | 1988 | 8/1/1988 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Irving, TX | 710 | 647 | 33 | — | 1,603 | 309 | 710 | 2,250 | 342 | 3,302 | 2,025 | 1988 | 8/22/1988 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Montclair, CA | — | 873 | 44 | 1,231 | 736 | 238 | 1,231 | 1,609 | 282 | 3,122 | 1,721 | 1988 | 9/5/1988 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Flint, MI | 426 | 1,089 | 14 | — | 882 | 234 | 426 | 1,971 | 248 | 2,645 | 1,923 | 1988 | 9/5/1988 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Sarasota, FL | 1,136 | 725 | 24 | — | 1,427 | 570 | 1,136 | 2,152 | 594 | 3,882 | 2,116 | 1988 | 10/10/1988 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Sterling Heights, MI | 855 | 1,158 | 32 | — | 984 | 403 | 855 | 2,142 | 435 | 3,432 | 2,309 | 1988 | 10/17/1988 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Vernon Hills, IL | 750 | 1,252 | 17 | — | 1,289 | 474 | 750 | 2,541 | 491 | 3,782 | 2,429 | 1988 | 10/24/1988 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Columbus, OH | 740 | 909 | 38 | — | 1,057 | 232 | 740 | 1,966 | 270 | 2,976 | 1,851 | 1988 | 11/14/1988 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | North Olmsted, OH | 931 | 1,060 | 63 | — | 925 | 343 | 931 | 1,985 | 406 | 3,322 | 1,967 | 1988 | 12/5/1988 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | West Des Moines, IA | — | 377 | 24 | 1,130 | 2,047 | 338 | 1,130 | 2,424 | 362 | 3,916 | 2,258 | 1988 | 12/12/1988 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Oklahoma City, OK | 280 | 1,043 | 58 | — | 1,095 | 371 | 280 | 2,138 | 429 | 2,847 | 1,981 | 1989 | 1/16/1989 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | San Antonio, TX | 400 | 783 | 17 | — | 1,458 | 449 | 400 | 2,241 | 466 | 3,107 | 2,197 | 1989 | 2/13/1989 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | York, PA | 555 | 931 | 31 | — | 1,048 | 462 | 555 | 1,979 | 493 | 3,027 | 2,053 | 1989 | 3/6/1989 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Brandon, FL | 700 | 967 | 24 | — | 1,566 | 577 | 700 | 2,533 | 601 | 3,834 | 2,376 | 1989 | 3/27/1989 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Kennesaw, GA | 754 | 824 | 32 | — | 1,233 | 390 | 754 | 2,057 | 422 | 3,233 | 1,887 | 1989 | 5/1/1989 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Plantation, FL | 888 | 982 | 27 | — | 1,189 | 392 | 888 | 2,171 | 419 | 3,478 | 2,078 | 1989 | 5/8/1989 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | San Antonio, TX | — | 720 | 1 | 677 | 1,330 | 395 | 677 | 2,050 | 396 | 3,123 | 1,968 | 1989 | 5/22/1989 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Saint Peters, MO | 697 | 930 | 134 | — | 1,034 | 292 | 697 | 1,964 | 426 | 3,087 | 1,954 | 1989 | 7/3/1989 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Corpus Christi, TX | — | 713 | 21 | 880 | 1,463 | 553 | 880 | 2,176 | 574 | 3,630 | 2,168 | 1989 | 7/3/1989 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Houston, TX | 616 | 746 | 40 | — | 1,228 | 492 | 616 | 1,974 | 532 | 3,122 | 2,007 | 1989 | 7/10/1989 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Saginaw, MI | 828 | 813 | 22 | — | 787 | 340 | 828 | 1,600 | 362 | 2,790 | 1,697 | 1989 | 7/31/1989 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Portage, MI | 325 | 1,290 | 32 | — | 892 | 266 | 325 | 2,182 | 298 | 2,805 | 2,131 | 1989 | 7/31/1989 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Beaumont, TX | 608 | 721 | 33 | — | 1,163 | 375 | 608 | 1,884 | 408 | 2,900 | 1,870 | 1989 | 8/14/1989 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Winter Haven, FL | — | 832 | 49 | 563 | 1,673 | 543 | 563 | 2,505 | 592 | 3,660 | 2,389 | 1989 | 8/14/1989 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | West Dundee, IL | 828 | 1,167 | 32 | — | 964 | 325 | 828 | 2,131 | 357 | 3,316 | 2,080 | 1989 | 8/28/1989 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Champaign, IL | 521 | 1,158 | 26 | — | 1,009 | 343 | 521 | 2,167 | 369 | 3,057 | 2,142 | 1989 | 10/30/1989 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | North Little Rock, AR | — | 437 | 94 | 766 | 1,623 | 293 | 766 | 2,060 | 387 | 3,213 | 2,012 | 1989 | 10/30/1989 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fort Wayne, IN | 700 | 1,045 | 23 | — | 927 | 320 | 700 | 1,972 | 343 | 3,015 | 1,919 | 1989 | 12/11/1989 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fargo, ND | 313 | 864 | 20 | — | 680 | 264 | 313 | 1,544 | 284 | 2,141 | 1,542 | 1989 | 12/11/1989 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Southgate, MI | 476 | 1,138 | 31 | — | 1,103 | 242 | 476 | 2,241 | 273 | 2,990 | 2,128 | 1990 | 1/22/1990 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Orlando, FL | 787 | 998 | 17 | — | 1,877 | 431 | 787 | 2,875 | 448 | 4,110 | 2,521 | 1990 | 1/29/1990 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fayetteville, NC | 637 | 856 | 56 | — | 879 | 461 | 637 | 1,735 | 517 | 2,889 | 1,859 | 1990 | 2/26/1990 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Chesapeake, VA | 506 | 863 | 44 | — | 1,046 | 344 | 506 | 1,909 | 388 | 2,803 | 1,954 | 1990 | 3/5/1990 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Las Vegas, NV | 1,085 | 1,191 | 47 | — | 967 | 310 | 1,085 | 2,158 | 357 | 3,600 | 2,157 | 1990 | 3/26/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Maplewood, MN | 556 | 1,009 | 86 | — | 1,126 | 250 | 556 | 2,135 | 336 | 3,027 | 2,124 | 1990 | 4/16/1990 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jacksonville, FL | — | 755 | 39 | 905 | 1,137 | 487 | 905 | 1,892 | 526 | 3,323 | 1,970 | 1990 | 4/30/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Rochester, NY | 1,104 | 1,113 | 61 | — | 1,102 | 376 | 1,104 | 2,215 | 437 | 3,756 | 2,160 | 1990 | 5/14/1990 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Columbia, MO | 602 | 983 | 53 | — | 1,070 | 327 | 602 | 2,053 | 380 | 3,035 | 1,965 | 1990 | 6/4/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Greenfield, WI | 956 | 802 | 29 | 114 | 1,174 | 295 | 1,070 | 1,976 | 324 | 3,370 | 1,909 | 1990 | 8/13/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lynnwood, WA | 875 | 1,132 | 66 | — | 855 | 316 | 875 | 1,987 | 382 | 3,244 | 1,945 | 1990 | 8/20/1990 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Victorville, CA | 603 | 985 | 31 | — | 888 | 271 | 603 | 1,873 | 302 | 2,778 | 1,740 | 1990 | 9/10/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Richmond, VA | 467 | 1,363 | 93 | — | 966 | 399 | 467 | 2,329 | 492 | 3,288 | 2,325 | 1990 | 9/17/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Wichita, KS | 779 | 802 | 80 | — | 1,022 | 274 | 779 | 1,824 | 354 | 2,957 | 1,804 | 1990 | 10/1/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Antioch, TN | — | 811 | 61 | 892 | 628 | 241 | 892 | 1,439 | 302 | 2,633 | 1,503 | 1990 | 10/15/1990 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Topeka, KS | 701 | 812 | 18 | — | 1,658 | 381 | 701 | 2,470 | 399 | 3,570 | 2,227 | 1990 | 10/22/1990 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Orange City, FL | 551 | 727 | 16 | — | 1,163 | 479 | 551 | 1,890 | 495 | 2,936 | 1,770 | 1990 | 10/29/1990 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Terre Haute, IN | 560 | 1,128 | 34 | — | 872 | 355 | 560 | 2,000 | 389 | 2,949 | 1,980 | 1990 | 12/3/1990 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Columbia, SC | 613 | 782 | 35 | — | 1,055 | 230 | 613 | 1,837 | 265 | 2,715 | 1,721 | 1990 | 12/3/1990 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Littleton, CO | 750 | 859 | 79 | — | 1,324 | 359 | 750 | 2,183 | 438 | 3,371 | 2,132 | 1991 | 1/21/1991 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Colorado Springs, CO | — | 690 | 87 | 571 | 2,173 | 415 | 571 | 2,863 | 502 | 3,936 | 2,786 | 1991 | 1/21/1991 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Miami, FL | 1,059 | 879 | 89 | — | 1,413 | 549 | 1,059 | 2,292 | 638 | 3,989 | 2,333 | 1991 | 1/28/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Parkersburg, WV | 454 | 1,096 | 60 | — | 723 | 323 | 454 | 1,819 | 383 | 2,656 | 1,838 | 1991 | 2/11/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Clovis, CA | 489 | 796 | 62 | — | 787 | 300 | 489 | 1,583 | 362 | 2,434 | 1,655 | 1991 | 2/18/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dallas, TX | 750 | 776 | 36 | 70 | 1,001 | 305 | 820 | 1,777 | 341 | 2,938 | 1,702 | 1991 | 2/25/1991 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Roseville, MN | 754 | 1,106 | 90 | — | 784 | 178 | 754 | 1,890 | 268 | 2,912 | 1,782 | 1991 | 3/25/1991 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Eastpointe, MI | 897 | 1,367 | 75 | — | 598 | 244 | 897 | 1,965 | 319 | 3,181 | 1,952 | 1991 | 3/25/1991 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Aurora, CO | 803 | 1,169 | 14 | — | 1,368 | 343 | 803 | 2,537 | 357 | 3,697 | 2,296 | 1991 | 4/1/1991 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Talleyville, DE | 737 | 1,278 | 95 | — | 805 | 377 | 737 | 2,083 | 472 | 3,292 | 2,177 | 1991 | 4/22/1991 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Boise, ID | 627 | 839 | 76 | — | 858 | 386 | 627 | 1,697 | 462 | 2,786 | 1,752 | 1991 | 4/29/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | McAllen, TX | 803 | 857 | 76 | — | 1,160 | 476 | 803 | 2,017 | 552 | 3,372 | 1,981 | 1991 | 4/29/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Houston, TX | 723 | 960 | 87 | — | 1,234 | 498 | 723 | 2,194 | 585 | 3,502 | 2,287 | 1991 | 5/20/1991 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Boardman, OH | 675 | 993 | 48 | — | 1,208 | 329 | 675 | 2,201 | 377 | 3,253 | 2,150 | 1991 | 8/5/1991 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jacksonville, FL | 1,124 | 863 | 74 | — | 1,185 | 438 | 1,124 | 2,048 | 512 | 3,684 | 2,010 | 1991 | 8/12/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | West Melbourne, FL | 983 | 953 | 22 | — | 1,390 | 578 | 983 | 2,343 | 600 | 3,926 | 2,234 | 1991 | 8/19/1991 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Omaha, NE | 315 | 1,230 | 51 | — | 1,642 | 341 | 315 | 2,872 | 392 | 3,579 | 2,420 | 1991 | 10/28/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Columbia, MD | 1,283 | 1,199 | 92 | — | 1,020 | 297 | 1,283 | 2,219 | 389 | 3,891 | 2,182 | 1991 | 11/4/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Houston, TX | 627 | 947 | 68 | — | 1,084 | 435 | 627 | 2,031 | 503 | 3,161 | 2,049 | 1991 | 11/11/1991 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Provo, UT | 702 | 714 | 128 | — | 805 | 284 | 702 | 1,519 | 412 | 2,633 | 1,583 | 1991 | 11/11/1991 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Roanoke, VA | 607 | 714 | 33 | — | 783 | 350 | 607 | 1,497 | 383 | 2,487 | 1,521 | 1991 | 12/9/1991 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Pittsburgh, PA | 1,125 | 1,170 | 65 | — | 1,202 | 279 | 1,125 | 2,372 | 344 | 3,841 | 2,145 | 1991 | 12/9/1991 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Harrisburg, PA | 769 | 837 | 108 | — | 1,117 | 328 | 769 | 1,954 | 436 | 3,159 | 1,938 | 1991 | 12/9/1991 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Pineville, NC | 1,018 | 972 | 71 | — | 950 | 281 | 1,018 | 1,922 | 352 | 3,292 | 1,914 | 1992 | 1/27/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Palm Desert, CA | 607 | 987 | 100 | — | 617 | 185 | 607 | 1,604 | 285 | 2,496 | 1,589 | 1992 | 1/27/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lafayette, LA | 555 | 751 | 69 | — | 997 | 304 | 555 | 1,748 | 373 | 2,676 | 1,733 | 1992 | 1/27/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Woodbridge, VA | 1,228 | 1,071 | 56 | — | 1,163 | 444 | 1,228 | 2,234 | 500 | 3,962 | 2,198 | 1992 | 2/3/1992 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Elkhart, IN | 381 | 724 | 145 | — | 683 | 281 | 381 | 1,407 | 426 | 2,214 | 1,546 | 1992 | 2/3/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | San Bernardino, CA | 1,393 | 1,210 | 83 | — | 756 | 301 | 1,393 | 1,966 | 384 | 3,743 | 1,961 | 1992 | 3/9/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Little Rock, AR | 335 | 895 | 105 | — | 749 | 265 | 335 | 1,644 | 370 | 2,349 | 1,682 | 1992 | 3/9/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Cincinnati, OH | 842 | 953 | 107 | — | 986 | 344 | 842 | 1,939 | 451 | 3,232 | 1,994 | 1992 | 3/16/1992 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Myrtle Beach, SC | 520 | 872 | 51 | — | 845 | 386 | 520 | 1,717 | 437 | 2,674 | 1,750 | 1992 | 3/16/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Highlands Ranch, CO | 813 | 980 | 49 | — | 1,177 | 380 | 813 | 2,157 | 429 | 3,399 | 2,002 | 1992 | 5/11/1992 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Novi, MI | 866 | 1,629 | 31 | — | 867 | 296 | 866 | 2,496 | 327 | 3,689 | 2,329 | 1992 | 5/25/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Louisville, KY | 492 | 1,571 | 76 | — | 869 | 254 | 492 | 2,440 | 330 | 3,262 | 2,240 | 1992 | 6/15/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Palmdale, CA | 679 | 1,080 | 109 | — | 1,093 | 315 | 679 | 2,173 | 424 | 3,276 | 2,029 | 1992 | 8/3/1992 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Clarksville, TN | 302 | 771 | 101 | — | 443 | 207 | 302 | 1,214 | 308 | 1,824 | 1,260 | 1992 | 8/3/1992 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Cincinnati, OH | 917 | 939 | 62 | — | 1,041 | 360 | 917 | 1,980 | 422 | 3,319 | 1,921 | 1992 | 8/17/1992 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Greensburg, PA | 579 | 1,272 | 143 | — | 1,026 | 352 | 579 | 2,298 | 495 | 3,372 | 2,061 | 1992 | 8/31/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Sioux Falls, SD | 247 | 1,325 | 78 | — | 917 | 217 | 247 | 2,242 | 295 | 2,784 | 2,031 | 1992 | 9/7/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Roswell, GA | 838 | 897 | 79 | — | 764 | 339 | 838 | 1,661 | 418 | 2,917 | 1,724 | 1992 | 9/14/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Green Bay, WI | 453 | 789 | 97 | — | 675 | 260 | 453 | 1,464 | 357 | 2,274 | 1,548 | 1992 | 9/14/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Harlingen, TX | 453 | 803 | 107 | — | 1,013 | 426 | 453 | 1,816 | 533 | 2,802 | 1,717 | 1992 | 10/19/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Erie, PA | 1,078 | 1,412 | 91 | — | 1,129 | 408 | 1,078 | 2,541 | 499 | 4,118 | 2,414 | 1992 | 11/2/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Chico, CA | 984 | 923 | 95 | — | 850 | 308 | 984 | 1,773 | 403 | 3,160 | 1,726 | 1992 | 11/9/1992 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Las Vegas, NV | 1,055 | 1,005 | 108 | — | 849 | 297 | 1,055 | 1,854 | 405 | 3,314 | 1,898 | 1992 | 12/14/1992 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Laurel, MD | 1,241 | 1,552 | 121 | — | 1,403 | 388 | 1,241 | 2,955 | 509 | 4,705 | 2,816 | 1993 | 1/25/1993 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Racine, WI | 608 | 1,247 | 140 | — | 914 | 198 | 608 | 2,161 | 338 | 3,107 | 2,034 | 1993 | 2/1/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fort Collins, CO | 809 | 1,105 | 97 | — | 1,011 | 350 | 809 | 2,116 | 447 | 3,372 | 2,129 | 1993 | 2/8/1993 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Longview, TX | 505 | 816 | 90 | — | 1,133 | 290 | 505 | 1,949 | 380 | 2,834 | 1,776 | 1993 | 2/22/1993 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Raleigh, NC | 855 | 877 | 76 | — | 855 | 318 | 855 | 1,732 | 394 | 2,981 | 1,795 | 1993 | 3/8/1993 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Yakima, WA | — | 1,296 | 124 | 409 | 568 | 294 | 409 | 1,864 | 418 | 2,691 | 2,008 | 1993 | 3/22/1993 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
BWW | Burlington, IA | 137 | 2,530 | — | — | — | — | 137 | 2,530 | — | 2,667 | 211 | 2010 | 9/15/2016 | 10 - 49 | ||
BWW | Galesburg, IL | 157 | 2,510 | — | — | — | — | 157 | 2,510 | — | 2,667 | 226 | 2009 | 9/15/2016 | 10 - 46 | ||
BWW | Macomb, IL | 138 | 2,528 | — | — | — | — | 138 | 2,528 | — | 2,666 | 215 | 2009 | 9/15/2016 | 10 - 48 | ||
BWW | Springfield, IL | 825 | 2,352 | — | — | — | — | 825 | 2,352 | — | 3,177 | 127 | 2006 | 1/10/2018 | 10 - 50 | ||
BWW | Quincy, IL | 676 | 2,378 | — | — | — | — | 676 | 2,378 | — | 3,054 | 120 | 2007 | 1/10/2018 | 10 - 50 | ||
BWW | Orange Park, FL | 1,768 | — | — | — | — | — | 1,768 | — | — | 1,768 | — | 1997 | 1/12/2018 | — | ||
BWW | Florence, SC | 1,638 | — | — | — | — | — | 1,638 | — | — | 1,638 | — | 2011 | 6/29/2018 | — | ||
BWW | Austin, TX | 1,250 | — | — | — | — | — | 1,250 | — | — | 1,250 | — | 2010 | 7/16/2018 | — | ||
BWW | Hendersonville, TN | 1,401 | — | — | — | — | — | 1,401 | — | — | 1,401 | — | 2009 | 8/8/2018 | — | ||
BWW | Grand Junction, CO | 1,182 | — | — | — | — | — | 1,182 | — | — | 1,182 | — | 2004 | 1/18/2019 | — | ||
BWW | Loredo, TX | 1,287 | 1,923 | — | — | — | — | 1,287 | 1,923 | — | 3,210 | 55 | 2001 | 2/8/2019 | 10 - 45 | ||
BWW | Rockaway, NJ | 787 | — | — | — | — | — | 787 | — | — | 787 | — | 2013 | 2/11/2019 | — | ||
BWW | Centerville, GA | 1,001 | — | — | — | — | — | 1,001 | — | — | 1,001 | — | 2011 | 8/1/2019 | — | ||
BWW | Mansfield, TX | 1,438 | 845 | — | — | — | — | 1,438 | 845 | — | 2,282 | 7 | 2007 | 10/21/2019 | 10 - 25 | ||
BWW | Fort Worth, TX | 1,484 | 922 | — | — | — | — | 1,484 | 922 | — | 2,405 | 8 | 2007 | 11/4/2019 | 10 - 25 | ||
BWW | Racine, WI | 1,898 | — | — | — | — | — | 1,898 | — | — | 1,898 | — | 2013 | 11/12/2019 | — | ||
BWW | Suffolk, VA | 602 | 1,779 | — | — | — | — | 602 | 1,779 | — | 2,381 | 45 | 2012 | 12/31/2018 | 9 - 49 | ||
CB | Bloomingdale, IL | 1,328 | — | — | — | — | — | 1,328 | — | — | 1,328 | — | 1991 | 10/18/2019 | — | ||
CFA | Cedar Rapids, IA | 1,894 | — | — | — | — | — | 1,894 | — | — | 1,894 | — | 2012 | 1/12/2018 | — | ||
CFA | Sioux City, IA | 1,162 | — | — | — | — | — | 1,162 | — | — | 1,162 | — | 2012 | 6/28/2019 | — | ||
CFA | Rehoboth Beach, DE | 2,081 | — | — | — | — | — | 2,081 | — | — | 2,081 | — | 2013 | 12/24/2019 | — | ||
CFA | Ft. Wayne, IN | 2,251 | — | — | — | — | — | 2,251 | — | — | 2,251 | — | 2019 | 12/24/2019 | — | ||
CGR | Bloomingdale, IL | 1,111 | — | — | — | — | — | 1,111 | — | — | 1,111 | — | 1990 | 1/12/2018 | — | ||
CGR | Baton Rouge, LA | 1,146 | 1,077 | — | — | — | — | 1,146 | 1,077 | — | 2,223 | 67 | 1985 | 8/8/2018 | 5 - 30 | ||
CGR | Mesquite, TX | 2,180 | 2,938 | — | — | — | — | 2,180 | 2,938 | — | 5,118 | 98 | 2012 | 8/8/2018 | 13 - 53 | ||
CGR | Palm Bay, FL | 1,666 | 2,881 | — | — | — | — | 1,666 | 2,881 | — | 4,547 | 101 | 1994 | 8/8/2018 | 12 - 52 | ||
CGR | Madison, TN | 1,178 | 2,372 | — | — | — | — | 1,178 | 2,372 | — | 3,550 | 85 | 1989 | 8/8/2018 | 11 - 51 | ||
CGR | Ocala, FL | 2,017 | 2,216 | — | — | — | — | 2,017 | 2,216 | — | 4,233 | 86 | 1989 | 8/8/2018 | 11 - 51 | ||
CGR | Palmdale, CA | 1,234 | 2,573 | — | — | — | — | 1,234 | 2,573 | — | 3,807 | 91 | 1991 | 8/8/2018 | 9 - 49 | ||
CGR | Sebring, FL | 1,568 | 2,275 | — | — | — | — | 1,568 | 2,275 | — | 3,843 | 84 | 1992 | 8/8/2018 | 11 - 51 | ||
CGR | Tarpon Springs, FL | 1,394 | 2,232 | — | — | — | — | 1,394 | 2,232 | — | 3,626 | 88 | 1994 | 8/8/2018 | 10 - 50 | ||
CGR | Peoria, AZ | 867 | 1,199 | — | — | — | — | 867 | 1,199 | — | 2,066 | 76 | 1993 | 8/8/2018 | 5 - 31 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Lafayette, IN | 455 | 875 | 98 | — | 635 | 221 | 455 | 1,510 | 319 | 2,284 | 1,572 | 1993 | 3/22/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Arlington, TX | 782 | 766 | 70 | — | 795 | 441 | 782 | 1,561 | 511 | 2,854 | 1,694 | 1993 | 3/29/1993 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mesa, AZ | 551 | 888 | 97 | — | 803 | 274 | 551 | 1,691 | 371 | 2,613 | 1,655 | 1993 | 4/12/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dover, DE | 614 | 1,055 | 127 | — | 656 | 279 | 614 | 1,711 | 406 | 2,731 | 1,701 | 1993 | 4/19/1993 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Addison, TX | 1,221 | 1,746 | 79 | — | 1,032 | 374 | 1,221 | 2,778 | 453 | 4,452 | 2,646 | 1993 | 4/26/1993 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Appleton, WI | 424 | 956 | 117 | — | 646 | 216 | 424 | 1,602 | 333 | 2,359 | 1,589 | 1993 | 5/17/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Duncanville, TX | 835 | 1,057 | 91 | — | 945 | 370 | 835 | 2,002 | 461 | 3,298 | 1,936 | 1993 | 6/28/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Kenner, LA | 695 | 969 | 86 | — | 1,112 | 361 | 695 | 2,081 | 447 | 3,223 | 2,094 | 1993 | 7/5/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Texas City, TX | 732 | 1,093 | 97 | — | 871 | 319 | 732 | 1,964 | 416 | 3,112 | 1,902 | 1993 | 7/19/1993 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Muncie, IN | 454 | 1,003 | 92 | — | 1,065 | 296 | 454 | 2,068 | 388 | 2,910 | 1,656 | 1993 | 8/23/1993 | 2 - 49 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Panama City, FL | 465 | 957 | 84 | — | 1,082 | 400 | 465 | 2,039 | 484 | 2,988 | 1,881 | 1993 | 10/11/1993 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Billings, MT | 479 | 1,107 | 89 | — | 775 | 301 | 479 | 1,882 | 390 | 2,751 | 1,809 | 1993 | 10/18/1993 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Whitehall, PA | 936 | 1,291 | 90 | — | 1,025 | 331 | 936 | 2,316 | 421 | 3,673 | 2,237 | 1993 | 11/8/1993 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Paducah, KY | 452 | 1,083 | 82 | — | 700 | 288 | 452 | 1,783 | 370 | 2,605 | 1,712 | 1993 | 11/8/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Rochester, NY | 974 | 1,108 | 101 | — | 824 | 243 | 974 | 1,932 | 344 | 3,250 | 1,727 | 1993 | 11/15/1993 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Poughkeepsie, NY | 873 | 1,613 | 108 | — | 823 | 174 | 873 | 2,436 | 282 | 3,591 | 2,066 | 1993 | 11/29/1993 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bangor, ME | 357 | 1,120 | 96 | — | 1,027 | 282 | 357 | 2,147 | 378 | 2,882 | 1,946 | 1993 | 12/13/1993 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dearborn, MI | 542 | 1,219 | 59 | — | 713 | 242 | 542 | 1,932 | 301 | 2,775 | 1,790 | 1994 | 1/10/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Newington, NH | 915 | 1,051 | 103 | — | 803 | 355 | 915 | 1,854 | 458 | 3,227 | 1,845 | 1994 | 1/17/1994 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tyler, TX | 485 | 1,041 | 92 | — | 1,279 | 340 | 485 | 2,320 | 432 | 3,237 | 2,070 | 1994 | 1/17/1994 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Grand Rapids, MI | 804 | 866 | 87 | — | 637 | 257 | 804 | 1,503 | 344 | 2,651 | 1,532 | 1994 | 1/24/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Peoria, IL | 668 | 1,204 | 81 | — | 914 | 323 | 668 | 2,118 | 404 | 3,190 | 1,959 | 1994 | 2/14/1994 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Concord, NH | 469 | 1,284 | 115 | — | 594 | 194 | 469 | 1,878 | 309 | 2,656 | 1,719 | 1994 | 2/14/1994 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Janesville, WI | 370 | 1,069 | 86 | — | 712 | 287 | 370 | 1,781 | 373 | 2,524 | 1,634 | 1994 | 3/7/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Las Vegas, NV | 879 | 1,344 | 95 | — | 596 | 317 | 879 | 1,940 | 412 | 3,231 | 1,862 | 1994 | 3/7/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Middletown, OH | 424 | 1,044 | 95 | — | 863 | 318 | 424 | 1,907 | 413 | 2,744 | 1,868 | 1994 | 3/7/1994 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Branson, MO | 1,056 | 1,893 | 69 | — | 785 | 295 | 1,056 | 2,678 | 364 | 4,098 | 2,379 | 1994 | 5/16/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Coon Rapids, MN | 514 | 1,248 | 67 | — | 588 | 245 | 514 | 1,836 | 312 | 2,662 | 1,740 | 1994 | 9/26/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dallas, TX | 764 | 1,212 | 55 | — | 811 | 281 | 764 | 2,023 | 336 | 3,123 | 1,912 | 1994 | 10/10/1994 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Asheville, NC | 2,651 | 1,198 | 94 | — | 655 | 292 | 2,651 | 1,853 | 386 | 4,890 | 1,805 | 1994 | 10/31/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Cedar Rapids, IA | 510 | 1,148 | 105 | — | 608 | 311 | 510 | 1,756 | 416 | 2,682 | 1,732 | 1994 | 12/5/1994 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Amherst, NY | 1,215 | 1,394 | 88 | — | 891 | 307 | 1,215 | 2,285 | 395 | 3,895 | 2,113 | 1994 | 12/12/1994 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Joplin, MO | 654 | 1,219 | 102 | — | 662 | 323 | 654 | 1,881 | 425 | 2,960 | 1,828 | 1995 | 1/9/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Eau Claire, WI | 600 | 1,193 | 110 | — | 538 | 268 | 600 | 1,731 | 378 | 2,709 | 1,693 | 1995 | 1/23/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Middletown, NY | 807 | 1,581 | 97 | — | 592 | 345 | 807 | 2,173 | 442 | 3,422 | 2,047 | 1995 | 1/30/1995 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Fairborn, OH | 804 | 1,290 | 82 | — | 681 | 221 | 804 | 1,971 | 303 | 3,078 | 1,814 | 1995 | 2/20/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | VooRDIees, NJ | 804 | 1,696 | 101 | — | 600 | 303 | 804 | 2,296 | 404 | 3,504 | 2,115 | 1995 | 2/20/1995 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Henderson, NV | 1,109 | 1,289 | 74 | — | 826 | 383 | 1,109 | 2,115 | 457 | 3,681 | 2,065 | 1995 | 2/20/1995 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Barboursville, WV | 1,139 | 1,062 | 84 | — | 731 | 203 | 1,139 | 1,793 | 287 | 3,219 | 1,599 | 1995 | 2/27/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Norman, OK | 596 | 1,246 | 96 | — | 449 | 172 | 596 | 1,695 | 268 | 2,559 | 1,559 | 1995 | 3/7/1995 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Hampton, VA | 1,074 | 1,061 | 86 | — | 674 | 225 | 1,074 | 1,735 | 311 | 3,120 | 1,626 | 1995 | 3/13/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jackson, MI | 699 | 1,156 | 73 | — | 764 | 320 | 699 | 1,920 | 393 | 3,012 | 1,735 | 1995 | 3/20/1995 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Clay, NY | 782 | 1,705 | 98 | — | 866 | 356 | 782 | 2,571 | 454 | 3,807 | 2,225 | 1995 | 4/24/1995 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Onalaska, WI | 603 | 1,283 | 102 | — | 339 | 197 | 603 | 1,622 | 299 | 2,524 | 1,553 | 1995 | 4/24/1995 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Grapevine, TX | 752 | 1,026 | 99 | — | 793 | 404 | 752 | 1,819 | 503 | 3,074 | 1,882 | 1995 | 5/8/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tempe, AZ | 703 | 1,131 | 75 | — | 746 | 353 | 703 | 1,877 | 428 | 3,008 | 1,895 | 1995 | 5/15/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Waldorf, MD | 779 | 1,152 | 81 | — | 1,258 | 357 | 779 | 2,410 | 438 | 3,627 | 2,256 | 1995 | 5/22/1995 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Heath, OH | 599 | 1,353 | 65 | — | 971 | 331 | 599 | 2,324 | 396 | 3,319 | 2,047 | 1995 | 5/22/1995 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Waterloo, IA | 466 | 891 | 79 | — | 873 | 331 | 466 | 1,764 | 410 | 2,640 | 1,636 | 1995 | 5/22/1995 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Peoria, AZ | 551 | 1,294 | 81 | — | 623 | 242 | 551 | 1,917 | 323 | 2,791 | 1,784 | 1995 | 5/22/1995 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Spring, TX | 780 | 1,329 | 80 | — | 1,289 | 327 | 780 | 2,618 | 407 | 3,805 | 2,284 | 1995 | 9/11/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Midland, TX | 400 | 1,340 | 88 | — | 566 | 314 | 400 | 1,906 | 402 | 2,708 | 1,807 | 1995 | 10/16/1995 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Colonie, NY | 966 | 1,862 | 57 | — | 984 | 273 | 966 | 2,846 | 330 | 4,142 | 2,329 | 1995 | 11/27/1995 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fort Smith, AR | 527 | 893 | 113 | — | 427 | 187 | 527 | 1,320 | 300 | 2,147 | 1,229 | 1996 | 2/19/1996 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jackson, MS | 641 | 1,195 | 110 | — | 846 | 268 | 641 | 2,041 | 378 | 3,060 | 1,867 | 1996 | 3/25/1996 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lancaster, OH | 372 | 846 | 115 | — | 603 | 284 | 372 | 1,449 | 399 | 2,220 | 1,421 | 1996 | 5/6/1996 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lima, OH | 471 | 930 | 67 | — | 387 | 282 | 471 | 1,317 | 349 | 2,137 | 1,311 | 1996 | 5/20/1996 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dubuque, IA | 518 | 1,103 | 76 | — | 391 | 221 | 518 | 1,494 | 297 | 2,309 | 1,237 | 1996 | 5/20/1996 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Zanesville, OH | 707 | 1,065 | 25 | — | 673 | 323 | 707 | 1,738 | 348 | 2,793 | 1,558 | 1996 | 8/5/1996 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Williamsburg, VA | 673 | 1,268 | 31 | — | 743 | 202 | 673 | 2,011 | 233 | 2,917 | 1,669 | 1996 | 8/19/1996 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Frederick, MD | 638 | 1,276 | 79 | — | 787 | 344 | 638 | 2,063 | 423 | 3,124 | 1,822 | 1996 | 10/21/1996 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Hyannis, MA | 664 | 2,097 | 90 | — | 665 | 175 | 664 | 2,762 | 265 | 3,691 | 2,329 | 1997 | 11/17/1997 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Westminster, MD | 595 | 1,741 | 124 | — | 452 | 204 | 595 | 2,193 | 328 | 3,116 | 1,802 | 1998 | 4/20/1998 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Wyomissing, PA | 963 | 1,926 | 109 | — | 498 | 206 | 963 | 2,424 | 315 | 3,702 | 2,036 | 1998 | 5/11/1998 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Eugene, OR | 761 | 1,486 | 91 | — | 356 | 200 | 761 | 1,842 | 291 | 2,894 | 1,635 | 1998 | 5/11/1998 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Savannah, GA | 952 | 1,781 | 189 | — | 660 | 147 | 952 | 2,441 | 336 | 3,729 | 1,951 | 2000 | 4/10/2000 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Douglasville, GA | 1,189 | 1,978 | 144 | — | 406 | 248 | 1,189 | 2,384 | 392 | 3,965 | 2,004 | 2000 | 5/1/2000 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mentor, OH | — | 1,955 | 138 | 1,474 | 288 | 241 | 1,474 | 2,243 | 379 | 4,096 | 1,913 | 2000 | 5/22/2000 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Buford, GA | 1,493 | 1,688 | 179 | — | 542 | 203 | 1,493 | 2,230 | 382 | 4,105 | 1,840 | 2000 | 5/22/2000 | 2 - 35 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Maple Grove, MN | 807 | 1,924 | 176 | — | 227 | 124 | 807 | 2,151 | 300 | 3,258 | 1,720 | 2000 | 5/22/2000 | 2 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Coeur D’Alene, ID | 681 | 1,661 | 131 | — | 278 | 305 | 681 | 1,939 | 436 | 3,056 | 1,624 | 2001 | 1/29/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Olathe, KS | 796 | 2,121 | 109 | — | 489 | 256 | 796 | 2,610 | 365 | 3,771 | 2,051 | 2001 | 3/12/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Kennewick, WA | 763 | 1,980 | 149 | — | 259 | 158 | 763 | 2,239 | 307 | 3,309 | 1,760 | 2001 | 5/14/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Frisco, TX | 1,029 | 2,038 | 139 | — | 279 | 218 | 1,029 | 2,317 | 357 | 3,703 | 1,912 | 2001 | 6/25/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bolingbrook, IL | 1,006 | 2,424 | 147 | — | 253 | 129 | 1,006 | 2,677 | 276 | 3,959 | 2,015 | 2001 | 7/23/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Muskegon, MI | 691 | 1,704 | 168 | — | 108 | 41 | 691 | 1,812 | 209 | 2,712 | 1,380 | 2001 | 10/8/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Memphis, TN | 1,142 | 1,790 | 100 | — | 246 | 171 | 1,142 | 2,036 | 271 | 3,449 | 1,563 | 2001 | 10/8/2001 | 2 - 36 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Round Rock, TX | 953 | 2,090 | 149 | — | 335 | 153 | 953 | 2,425 | 302 | 3,680 | 1,747 | 2002 | 3/25/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Killeen, TX | 806 | 1,705 | 187 | — | 322 | 118 | 806 | 2,027 | 305 | 3,138 | 1,630 | 2002 | 8/5/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Austin, TX | 1,239 | 2,295 | 154 | — | 168 | 96 | 1,239 | 2,463 | 250 | 3,952 | 1,801 | 2002 | 9/3/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Omaha, NE | 1,202 | 1,778 | 120 | — | 217 | 147 | 1,202 | 1,995 | 267 | 3,464 | 1,514 | 2002 | 10/7/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bloomington, IN | 947 | 1,747 | 150 | — | 419 | 94 | 947 | 2,166 | 244 | 3,357 | 1,573 | 2002 | 11/18/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lithonia, GA | 1,403 | 1,872 | 174 | — | 306 | 122 | 1,403 | 2,178 | 296 | 3,877 | 1,599 | 2002 | 11/18/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fayetteville, AR | 849 | 1,845 | 160 | — | 138 | 79 | 849 | 1,983 | 239 | 3,071 | 1,476 | 2002 | 12/11/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Rochester, MN | 829 | 1,889 | 192 | — | 146 | 140 | 829 | 2,035 | 332 | 3,196 | 1,566 | 2002 | 12/16/2002 | 2 - 37 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Los Angeles, CA | 1,701 | 2,558 | 202 | — | 170 | 70 | 1,701 | 2,728 | 272 | 4,701 | 1,901 | 2003 | 3/24/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dayton, OH | 677 | 1,675 | 172 | — | 210 | 72 | 677 | 1,885 | 244 | 2,806 | 1,363 | 2003 | 5/1/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Newport News, VA | 796 | 1,989 | 172 | — | 88 | 63 | 796 | 2,077 | 235 | 3,108 | 1,496 | 2003 | 5/5/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Albuquerque, NM | 771 | 1,716 | 179 | — | 131 | 104 | 771 | 1,847 | 283 | 2,901 | 1,374 | 2003 | 5/19/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Denton, TX | 869 | 1,946 | 177 | — | 182 | 94 | 869 | 2,128 | 271 | 3,268 | 1,593 | 2003 | 6/9/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Duluth, MN | 886 | 2,043 | 173 | — | 123 | 58 | 886 | 2,166 | 231 | 3,283 | 1,516 | 2003 | 11/10/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Fort Gratiot, MI | 604 | 2,246 | 186 | — | 132 | 57 | 604 | 2,378 | 243 | 3,225 | 1,636 | 2003 | 11/17/2003 | 2 - 38 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lynchburg, VA | 771 | 2,304 | 125 | — | 103 | 54 | 771 | 2,407 | 179 | 3,357 | 1,567 | 2004 | 2/16/2004 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Visalia, CA | 1,151 | 1,830 | 151 | — | 133 | 46 | 1,151 | 1,963 | 197 | 3,311 | 1,304 | 2004 | 3/15/2004 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Anderson, SC | 903 | 1,841 | 133 | 228 | 181 | 111 | 1,131 | 2,022 | 244 | 3,397 | 1,458 | 2004 | 3/29/2004 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Lake Charles, LA | 806 | 2,070 | 161 | — | 174 | 87 | 806 | 2,244 | 248 | 3,298 | 1,589 | 2004 | 4/5/2004 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tucson, AZ | 1,019 | 2,073 | 104 | — | 121 | 135 | 1,019 | 2,194 | 239 | 3,452 | 1,474 | 2004 | 9/20/2004 | 2 - 39 | ||||||||||||||||||||||||||||||||||||||
OLVGR | College Station, TX | 581 | 2,236 | 173 | — | 42 | 44 | 581 | 2,278 | 217 | 3,076 | 1,543 | 2005 | 1/24/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tupelo, MS | 823 | 2,102 | 193 | — | 127 | 82 | 823 | 2,229 | 275 | 3,327 | 1,541 | 2005 | 1/31/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jackson, TN | 874 | 1,964 | 151 | — | 175 | 36 | 874 | 2,139 | 187 | 3,200 | 1,396 | 2005 | 2/7/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Houma, LA | 736 | 2,190 | 150 | — | 185 | 148 | 736 | 2,375 | 298 | 3,409 | 1,640 | 2005 | 2/14/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Oklahoma City, OK | 925 | 2,053 | 158 | — | 128 | 43 | 925 | 2,181 | 201 | 3,307 | 1,456 | 2005 | 3/14/2005 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Columbia, SC | 1,119 | 2,175 | 161 | — | 110 | 85 | 1,119 | 2,285 | 246 | 3,650 | 1,514 | 2005 | 4/5/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Newnan, GA | 829 | 2,239 | 157 | — | 152 | 55 | 829 | 2,391 | 212 | 3,432 | 1,529 | 2005 | 5/23/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Owensboro, KY | 762 | 2,134 | 173 | — | 70 | 57 | 762 | 2,204 | 230 | 3,196 | 1,522 | 2005 | 5/23/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | San Antonio, TX | 932 | 2,582 | 191 | — | 190 | 103 | 932 | 2,772 | 294 | 3,998 | 1,793 | 2005 | 6/27/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mesa, AZ | 598 | 1,844 | 132 | — | 110 | 129 | 598 | 1,954 | 261 | 2,813 | 1,326 | 2005 | 10/3/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Garland, TX | 903 | 2,271 | 156 | — | 115 | 94 | 903 | 2,386 | 250 | 3,539 | 1,592 | 2005 | 10/31/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Southaven, MS | 1,048 | 2,209 | 158 | — | 117 | 50 | 1,048 | 2,326 | 208 | 3,582 | 1,450 | 2005 | 11/21/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Yuma, AZ | 842 | 2,037 | 160 | — | 62 | 87 | 842 | 2,099 | 247 | 3,188 | 1,349 | 2005 | 12/5/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Oakdale, MN | 956 | 2,355 | 185 | — | 30 | 35 | 956 | 2,385 | 220 | 3,561 | 1,513 | 2005 | 12/5/2005 | 2 - 40 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tarentum, PA | 1,119 | 2,482 | 148 | — | 179 | 47 | 1,119 | 2,661 | 195 | 3,975 | 1,573 | 2006 | 2/20/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Texarkana, TX | 871 | 2,279 | 151 | — | 90 | 87 | 871 | 2,369 | 238 | 3,478 | 1,520 | 2006 | 3/27/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Florence, SC | — | 1,817 | 169 | 1,503 | 119 | 84 | 1,503 | 1,936 | 253 | 3,692 | 1,279 | 2006 | 8/21/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Dothan, AL | 850 | 2,242 | 131 | — | 62 | 92 | 850 | 2,304 | 223 | 3,377 | 1,412 | 2006 | 8/28/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | San Angelo, TX | 360 | 2,020 | 157 | — | 74 | 104 | 360 | 2,094 | 261 | 2,715 | 1,378 | 2006 | 9/11/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | New Braunfels, TX | 1,049 | 2,162 | 147 | — | 32 | 83 | 1,049 | 2,194 | 230 | 3,473 | 1,351 | 2006 | 9/25/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Grove City, OH | 1,200 | 2,271 | 140 | — | 63 | 55 | 1,200 | 2,334 | 195 | 3,729 | 1,404 | 2006 | 9/25/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Hot Springs, AR | 797 | 2,415 | 186 | — | 84 | 73 | 797 | 2,499 | 259 | 3,555 | 1,485 | 2006 | 10/23/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Wichita, KS | 1,227 | 1,801 | 154 | — | 84 | 86 | 1,227 | 1,885 | 240 | 3,352 | 1,152 | 2006 | 11/6/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Opelika, AL | 878 | 2,255 | 154 | — | 54 | 43 | 878 | 2,309 | 197 | 3,384 | 1,378 | 2006 | 11/13/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Sioux City, IA | 1,304 | 2,114 | 137 | — | 89 | 99 | 1,304 | 2,203 | 236 | 3,743 | 1,357 | 2006 | 12/11/2006 | 2 - 41 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Victoria, TX | 782 | 2,327 | 240 | — | 39 | 30 | 782 | 2,366 | 270 | 3,418 | 1,493 | 2007 | 1/15/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Pueblo, CO | 770 | 2,330 | 212 | — | 51 | 76 | 770 | 2,381 | 288 | 3,439 | 1,502 | 2007 | 2/5/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Phoenix, AZ | 753 | 2,153 | 246 | — | 97 | 72 | 753 | 2,250 | 318 | 3,321 | 1,441 | 2007 | 4/23/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Detroit, MI | 1,400 | 2,956 | 234 | — | 81 | 87 | 1,400 | 3,037 | 321 | 4,758 | 1,707 | 2007 | 5/21/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mount Juliet, TN | 873 | 2,294 | 212 | — | 76 | 47 | 873 | 2,370 | 259 | 3,502 | 1,424 | 2007 | 10/22/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jacksonville, NC | 1,174 | 2,287 | 239 | — | 32 | 81 | 1,174 | 2,319 | 320 | 3,813 | 1,457 | 2007 | 11/19/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Columbus, OH | 995 | 2,286 | 184 | — | 61 | 27 | 995 | 2,347 | 211 | 3,553 | 1,332 | 2007 | 12/17/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Triadelphia, WV | 970 | 2,342 | 225 | — | 58 | 76 | 970 | 2,400 | 301 | 3,671 | 1,469 | 2007 | 12/17/2007 | 2 - 42 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Reynoldsburg, OH | 1,208 | 2,183 | 242 | — | 48 | 37 | 1,208 | 2,231 | 279 | 3,718 | 1,326 | 2008 | 4/21/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Cincinnati, OH | 1,072 | 2,170 | 236 | — | 57 | 43 | 1,072 | 2,227 | 279 | 3,578 | 1,349 | 2008 | 4/28/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Florence, KY | 1,007 | 2,099 | 155 | — | 52 | 88 | 1,007 | 2,151 | 243 | 3,401 | 1,296 | 2008 | 8/4/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bismarck, ND | 1,156 | 2,319 | 263 | — | 31 | 38 | 1,156 | 2,350 | 301 | 3,807 | 1,380 | 2008 | 11/24/2008 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Spring Hill, TN | 1,295 | 2,269 | 228 | — | 29 | 45 | 1,295 | 2,298 | 273 | 3,866 | 1,259 | 2009 | 2/16/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | San Antonio, TX | 1,359 | 2,492 | 230 | — | 23 | 33 | 1,359 | 2,515 | 263 | 4,137 | 1,317 | 2009 | 3/30/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Broken Arrow, OK | 1,461 | 2,261 | 231 | — | 73 | 57 | 1,461 | 2,334 | 288 | 4,083 | 1,261 | 2009 | 5/25/2009 | 2 - 44 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
CGR | The Woodlands, TX | 1,445 | 1,218 | — | — | — | — | 1,445 | 1,218 | — | 2,663 | 71 | 1995 | 8/8/2018 | 5 - 35 | ||
CGR | Orlando, FL | 2,106 | 1,376 | — | — | — | — | 2,106 | 1,376 | — | 3,482 | 78 | 1994 | 8/8/2018 | 5 - 35 | ||
CGR | Kissimmee, FL | 2,101 | 2,052 | — | — | — | — | 2,101 | 2,052 | — | 4,153 | 86 | 1994 | 8/8/2018 | 7 - 47 | ||
CGR | Mesa, AZ | 1,295 | 1,628 | — | — | — | — | 1,295 | 1,628 | — | 2,923 | 82 | 1994 | 8/8/2018 | 5 - 40 | ||
CGR | Katy, TX | 1,930 | 1,907 | — | — | — | — | 1,930 | 1,907 | — | 3,837 | 82 | 1995 | 8/8/2018 | 10 - 45 | ||
CGR | McAllen, TX | 759 | 1,691 | — | — | — | — | 759 | 1,691 | — | 2,450 | 86 | 1994 | 8/8/2018 | 5 - 35 | ||
CGR | Winter Haven, FL | 922 | 1,926 | — | — | — | — | 922 | 1,926 | — | 2,848 | 81 | 1995 | 8/8/2018 | 7 - 47 | ||
CGR | Ormond Beach, FL | 545 | 1,104 | — | — | — | — | 545 | 1,104 | — | 1,649 | 70 | 1995 | 8/8/2018 | 3 - 32 | ||
CGR | Pembroke Pines, FL | 1,757 | 1,514 | — | — | — | — | 1,757 | 1,514 | — | 3,271 | 88 | 1996 | 8/8/2018 | 5 - 40 | ||
CGR | High Point, NC | 955 | 1,446 | — | — | — | — | 955 | 1,446 | — | 2,401 | 62 | 1996 | 8/8/2018 | 5 - 55 | ||
CGR | Anderson, SC | 1,647 | 2,252 | — | — | — | — | 1,647 | 2,252 | — | 3,899 | 79 | 1995 | 8/8/2018 | 13 - 53 | ||
CGR | Burleson, TX | 2,612 | 2,321 | — | — | — | — | 2,612 | 2,321 | — | 4,933 | 107 | 1998 | 8/8/2018 | 5 - 45 | ||
CGR | Brownsville, TX | 2,111 | 2,868 | — | — | — | — | 2,111 | 2,868 | — | 4,979 | 101 | 1999 | 8/8/2018 | 12 -52 | ||
CGR | Hermitage, TN | 1,226 | 1,564 | — | — | — | — | 1,226 | 1,564 | — | 2,790 | 80 | 2000 | 8/8/2018 | 5 - 39 | ||
CGR | Reno, NV | 723 | 2,496 | — | — | — | — | 723 | 2,496 | — | 3,219 | 82 | 2002 | 8/8/2018 | 10 - 50 | ||
CGR | Bartlesville, OK | 1,497 | 1,571 | — | — | — | — | 1,497 | 1,571 | — | 3,068 | 66 | 2002 | 8/8/2018 | 10 - 50 | ||
CGR | Gallatin, TN | 821 | 1,613 | — | — | — | — | 821 | 1,613 | — | 2,434 | 65 | 2002 | 8/8/2018 | 10 - 50 | ||
CGR | Tampa, FL | 920 | 1,839 | — | — | — | — | 920 | 1,839 | — | 2,759 | 83 | 2002 | 8/8/2018 | 7 - 40 | ||
CGR | Atascocita, TX | 1,953 | 2,256 | — | — | — | — | 1,953 | 2,256 | — | 4,209 | 83 | 2002 | 8/8/2018 | 12 - 52 | ||
CGR | Canon City, CO | 709 | 1,928 | — | — | — | — | 709 | 1,928 | — | 2,637 | 72 | 2002 | 8/8/2018 | 10 - 50 | ||
CGR | Chattanooga, TN | 350 | 1,852 | — | — | — | — | 350 | 1,852 | — | 2,202 | 57 | 2003 | 8/8/2018 | 11 - 51 | ||
CGR | Hobbs, NM | 1,424 | 1,746 | — | — | — | — | 1,424 | 1,746 | — | 3,170 | 69 | 2003 | 8/8/2018 | 10 - 50 | ||
CGR | Gonzales, LA | 1,681 | 2,292 | — | — | — | — | 1,681 | 2,292 | — | 3,973 | 84 | 2003 | 8/8/2018 | 10 - 50 | ||
CGR | Tupelo, MS | 890 | 1,514 | — | — | — | — | 890 | 1,514 | — | 2,404 | 77 | 2003 | 8/8/2018 | 5 - 40 | ||
CGR | Las Cruces, NM | 1,645 | 1,720 | — | — | — | — | 1,645 | 1,720 | — | 3,365 | 78 | 1991 | 8/8/2018 | 7 - 45 | ||
CGR | Carson City, NV | 775 | 467 | — | — | — | — | 775 | 467 | — | 1,242 | 35 | 2004 | 8/8/2018 | 5 - 41 | ||
CGR | Lady Lake, FL | 2,474 | 2,618 | — | — | — | — | 2,474 | 2,618 | — | 5,092 | 101 | 2004 | 8/8/2018 | 12 - 52 | ||
CGR | Lone Tree, CO | 753 | 1,511 | — | — | — | — | 753 | 1,511 | — | 2,264 | 75 | 2004 | 8/8/2018 | 5 - 41 | ||
CGR | Bristol, VA | 1,059 | 1,563 | — | — | — | — | 1,059 | 1,563 | — | 2,622 | 81 | 2004 | 8/8/2018 | 5 - 41 | ||
CGR | Trinity, FL | 1,701 | 2,613 | — | — | — | — | 1,701 | 2,613 | — | 4,314 | 92 | 2004 | 8/8/2018 | 13 - 53 | ||
CGR | Kingsville, TX | 1,254 | 1,719 | — | — | — | — | 1,254 | 1,719 | — | 2,973 | 67 | 2004 | 8/8/2018 | 9 - 49 | ||
CGR | Conroe, TX | 1,224 | 1,661 | — | — | — | — | 1,224 | 1,661 | — | 2,885 | 77 | 2004 | 8/8/2018 | 7 - 45 | ||
CGR | Portland, TX | 1,537 | 2,089 | — | — | — | — | 1,537 | 2,089 | — | 3,626 | 86 | 2005 | 8/8/2018 | 10 - 45 | ||
CGR | Plainview, TX | 657 | 1,302 | — | — | — | — | 657 | 1,302 | — | 1,959 | 58 | 2005 | 8/8/2018 | 5 - 45 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Michigan City, IN | 762 | 2,646 | 238 | — | 17 | 39 | 762 | 2,663 | 277 | 3,702 | 1,398 | 2009 | 7/13/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bossier City, LA | 1,006 | 2,405 | 264 | — | 51 | 32 | 1,006 | 2,456 | 296 | 3,758 | 1,294 | 2009 | 7/27/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Richmond, KY | 1,054 | 1,974 | 236 | — | 14 | 32 | 1,054 | 1,988 | 268 | 3,310 | 1,093 | 2009 | 9/14/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Jacksonville, FL | 1,006 | 2,001 | 263 | — | 21 | 30 | 1,006 | 2,022 | 293 | 3,321 | 1,119 | 2009 | 10/5/2009 | 2 - 44 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Manhattan, KS | 791 | 2,253 | 237 | — | 33 | 69 | 791 | 2,286 | 306 | 3,383 | 1,208 | 2010 | 4/26/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Kingsport, TN | 1,071 | 1,840 | 282 | — | 11 | 22 | 1,071 | 1,851 | 304 | 3,226 | 982 | 2010 | 5/3/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Las Cruces, NM | 839 | 2,201 | 297 | — | 15 | 34 | 839 | 2,216 | 331 | 3,386 | 1,168 | 2010 | 5/10/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Morehead City, NC | 853 | 1,864 | 315 | — | 62 | 23 | 853 | 1,926 | 338 | 3,117 | 1,066 | 2010 | 7/19/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Pleasant Prairie, WI | 1,101 | 2,134 | 303 | — | 36 | — | 1,101 | 2,170 | 303 | 3,574 | 1,107 | 2010 | 9/27/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Wilson, NC | 528 | 1,948 | 268 | — | 24 | 29 | 528 | 1,972 | 297 | 2,797 | 1,046 | 2010 | 10/11/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Council Bluffs, IA | 955 | 2,051 | 254 | — | 4 | 32 | 955 | 2,055 | 286 | 3,296 | 1,047 | 2010 | 10/25/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Louisville, KY | — | 2,072 | 266 | 904 | 12 | 38 | 904 | 2,084 | 304 | 3,292 | 1,108 | 2010 | 11/1/2010 | 2 - 45 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Ankeny, IA | 704 | 2,218 | 248 | — | 9 | 17 | 704 | 2,227 | 265 | 3,196 | 1,066 | 2011 | 1/10/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Queen Creek, AZ | 875 | 2,377 | 307 | — | 30 | (1) | 875 | 2,407 | 306 | 3,588 | 1,091 | 2011 | 1/10/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Gainesville, GA | 985 | 1,915 | 274 | — | — | 5 | 985 | 1,915 | 279 | 3,179 | 931 | 2011 | 6/20/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Niagara Falls, NY | 1,057 | 2,187 | 327 | — | 38 | 15 | 1,057 | 2,225 | 342 | 3,624 | 1,077 | 2011 | 9/19/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Cleveland, TN | 962 | 1,941 | 324 | — | 14 | 6 | 962 | 1,955 | 330 | 3,247 | 979 | 2011 | 11/28/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Chicago, IL | 942 | 2,626 | 337 | — | (484) | — | 942 | 2,142 | 337 | 3,421 | 1,081 | 2012 | 3/26/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Katy, TX | 1,602 | 2,170 | 285 | — | — | 5 | 1,602 | 2,170 | 290 | 4,062 | 969 | 2012 | 4/9/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Beckley, WV | 1,013 | 2,105 | 314 | — | 25 | 1 | 1,013 | 2,130 | 315 | 3,458 | 911 | 2012 | 10/1/2012 | 2 - 47 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Columbus, OH | 954 | 2,236 | 324 | — | 4 | — | 954 | 2,240 | 324 | 3,518 | 890 | 2013 | 3/18/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Oklahoma City, OK | 1,204 | 2,370 | 403 | — | (221) | — | 1,204 | 2,149 | 403 | 3,756 | 961 | 2013 | 4/29/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Utica, NY | 908 | 2,728 | 362 | — | (470) | — | 908 | 2,258 | 362 | 3,528 | 928 | 2013 | 8/12/2013 | 2 - 48 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Bloomingdale, IL | 1,601 | — | — | — | — | — | 1,601 | — | — | 1,601 | — | 1986 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | El Paso, TX | 1,833 | — | — | — | — | — | 1,833 | — | — | 1,833 | — | 1990 | 6/29/2018 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Manchester, CT | 1,669 | — | — | — | — | — | 1,669 | — | — | 1,669 | — | 1993 | 7/27/2018 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Tracy, CA | 1,313 | — | — | — | — | — | 1,313 | — | — | 1,313 | — | 2003 | 11/20/2018 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Grand Junction, CO | 1,480 | — | — | — | — | — | 1,480 | — | — | 1,480 | — | 2002 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Logan, UT | 1,505 | — | — | — | — | — | 1,505 | — | — | 1,505 | — | 2003 | 5/1/2019 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Watertown, NY | 1,723 | — | — | — | — | — | 1,723 | — | — | 1,723 | — | 2010 | 12/6/2019 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Coralville, IA | 1,811 | — | — | — | — | — | 1,811 | — | — | 1,811 | — | 2001 | 12/26/2019 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Orlando, FL | 1,670 | — | — | — | — | — | 1,670 | — | — | 1,670 | — | 2019 | 6/30/2020 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Springfield, IL | 3,084 | — | — | — | — | — | 3,084 | — | — | 3,084 | — | 1989 | 9/16/2019 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Mankato, MN | 1,355 | — | — | — | — | — | 1,355 | — | — | 1,355 | — | 2006 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Live Oak, TX | 2,788 | — | — | — | — | — | 2,788 | — | — | 2,788 | — | 2020 | 7/31/2020 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
OLVGR | Hagerstown, MD | 1,175 | — | — | — | — | — | 1,175 | — | — | 1,175 | — | 2007 | 6/23/2020 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Greenville, SC | 2,672 | — | — | — | — | — | 2,672 | — | — | 2,672 | — | 2006 | 10/20/2020 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Easton, PA | 1,979 | 2,304 | — | — | — | — | 1,979 | 2,304 | — | 4,283 | 85 | 2009 | 12/22/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
OLVGR | Hoover, AL | 3,255 | — | — | — | — | — | 3,255 | — | — | 3,255 | — | 1987 | 3/30/2022 | — | ||||||||||||||||||||||||||||||||||||||
OLVGR | Hyattsville, MD | 2,742 | — | — | — | — | — | 2,742 | — | — | 2,742 | — | 2006 | 9/15/2022 | — | ||||||||||||||||||||||||||||||||||||||
ORAUT | Chicago, IL | 888 | 1,282 | — | — | — | — | 888 | 1,282 | — | 2,170 | 64 | 1959 | 8/25/2021 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
OUTB | Grand Junction, CO | 947 | — | — | — | — | — | 947 | — | — | 947 | — | 1999 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Mentor, OH | 1,576 | — | — | — | — | — | 1,576 | — | — | 1,576 | — | 2018 | 9/27/2019 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Camp Hill, PA | 1,288 | — | — | — | — | — | 1,288 | — | — | 1,288 | — | 2020 | 12/30/2019 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Springfield, IL | 1,768 | — | — | — | — | — | 1,768 | — | — | 1,768 | — | 2017 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Ocala, FL | 3,863 | — | — | — | — | — | 3,863 | — | — | 3,863 | — | 1991 | 12/22/2020 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Sarasota, FL | 4,072 | — | — | — | — | — | 4,072 | — | — | 4,072 | — | 1994 | 12/22/2020 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Kissimmee, FL | 2,166 | — | — | — | — | — | 2,166 | — | — | 2,166 | — | 2019 | 7/22/2021 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Spokane, WA | 1,804 | — | — | — | — | — | 1,804 | — | — | 1,804 | — | 1999 | 7/16/2021 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Hoover, AL | 1,874 | — | — | — | — | — | 1,874 | — | — | 1,874 | — | 2016 | 3/30/2022 | — | ||||||||||||||||||||||||||||||||||||||
OUTB | Indianapolis, IN | 779 | 1,454 | — | — | — | — | 779 | 1,454 | — | 2,233 | 43 | 1978 | 7/22/2022 | 10 - 15 | ||||||||||||||||||||||||||||||||||||||
OUTB | Hyattsville, MD | 1,666 | — | — | — | — | — | 1,666 | — | — | 1,666 | — | 1990 | 9/15/2022 | — | ||||||||||||||||||||||||||||||||||||||
PANDA | Cedar Rapids, IA | 1,252 | — | — | — | — | — | 1,252 | — | — | 1,252 | — | 2016 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
PANE | Beavercreek, OH | 851 | — | — | — | — | — | 851 | — | — | 851 | — | 2000 | 6/29/2018 | — | ||||||||||||||||||||||||||||||||||||||
PANE | Carpentersville, IL | 326 | 514 | — | — | — | — | 326 | 514 | — | 840 | 105 | 1992 | 11/20/2018 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
PANE | Carbondale, IL | 534 | 1,633 | — | — | 58 | — | 534 | 1,691 | — | 2,225 | 190 | 2004 | 5/31/2019 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
PANE | Lansing, MI | 649 | 966 | — | — | — | — | 649 | 966 | — | 1,615 | 137 | 2017 | 2/26/2020 | 12 - 27 | ||||||||||||||||||||||||||||||||||||||
PANE | Albany, GA | 1,938 | — | — | — | — | — | 1,938 | — | — | 1,938 | — | 2016 | 12/23/2020 | — | ||||||||||||||||||||||||||||||||||||||
PEYES | Kingsport, TN | 496 | 1,221 | — | — | — | — | 496 | 1,221 | — | 1,717 | 143 | 2013 | 4/30/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
PEYES | Springfield, IL | 1,137 | — | — | — | — | — | 1,137 | — | — | 1,137 | — | 2001 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
PEYES | Anderson, SC | 724 | 761 | — | — | — | — | 724 | 761 | — | 1,485 | 80 | 2019 | 9/30/2020 | 14 - 29 | ||||||||||||||||||||||||||||||||||||||
PEYES | Charlotte, NC | 1,354 | 585 | — | — | — | — | 1,354 | 585 | — | 1,939 | 36 | 2019 | 8/5/2021 | 14 - 29 | ||||||||||||||||||||||||||||||||||||||
PIZHT | Joliet, IL | 173 | 890 | — | — | — | — | 173 | 890 | — | 1,063 | 138 | 1970 | 7/18/2016 | 5 - 45 | ||||||||||||||||||||||||||||||||||||||
PIZHT | Morris, IL | 248 | 533 | — | — | — | — | 248 | 533 | — | 781 | 125 | 1972 | 7/18/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
PIZHT | Yorkville, IL | 200 | 581 | — | — | — | — | 200 | 581 | — | 781 | 128 | 1976 | 7/18/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
PIZHT | Lowell, IN | 258 | 611 | — | — | — | — | 258 | 611 | — | 869 | 141 | 1978 | 7/18/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
PIZHT | Schereville, IN | 243 | 942 | — | — | — | — | 243 | 942 | — | 1,185 | 178 | 1975 | 7/18/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
PIZHT | Portage, IN | 330 | 1,016 | — | — | — | — | 330 | 1,016 | — | 1,346 | 205 | 2002 | 7/18/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
PNCB | Beavercreek, OH | 1,537 | — | — | — | — | — | 1,537 | — | — | 1,537 | — | 1994 | 10/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
PNCB | Muskegon, MI | 1,373 | — | — | — | — | — | 1,373 | — | — | 1,373 | — | 1970 | 12/5/2019 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
PNCB | Cincinnati, OH | 676 | 831 | — | — | — | — | 676 | 831 | — | 1,507 | 68 | 1975 | 12/22/2020 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
POLLO | Tulsa, OK | 485 | 388 | — | — | (90) | — | 485 | 298 | — | 783 | 101 | 2015 | 10/20/2016 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
PORTI | Ft. Wayne, IN | 3,829 | — | — | — | — | — | 3,829 | — | — | 3,829 | — | 2019 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
PORTI | Madison, WI | 3,134 | — | — | — | — | — | 3,134 | — | — | 3,134 | — | 2021 | 12/29/2021 | — | ||||||||||||||||||||||||||||||||||||||
PVA | Bountiful, UT | 562 | 1,100 | — | — | — | — | 562 | 1,100 | — | 1,662 | 57 | 1972 | 5/17/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
RADNT | Fort Pierce, FL | 645 | 1,403 | — | — | — | — | 645 | 1,403 | — | 2,048 | 55 | 1983 | 12/3/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
RALLY | Greenwood, IN | 653 | — | — | — | — | — | 653 | — | — | 653 | — | 1989 | 10/31/2018 | — | ||||||||||||||||||||||||||||||||||||||
RCANE | Bloomingdale, IL | 2,057 | — | — | — | — | — | 2,057 | — | — | 2,057 | — | 2021 | 10/19/2021 | — | ||||||||||||||||||||||||||||||||||||||
RCANE | Beavercreek, OH | 1,948 | — | — | — | — | — | 1,948 | — | — | 1,948 | — | 2020 | 1/27/2021 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Canton, GA | 761 | 2,323 | — | — | — | — | 761 | 2,323 | — | 3,084 | 311 | 1999 | 11/2/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
RDLB | Grandville, MI | 1,119 | 2,462 | — | — | — | — | 1,119 | 2,462 | — | 3,581 | 368 | 2001 | 11/2/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
RDLB | Cincinnati, OH | 1,394 | 2,348 | — | — | — | — | 1,394 | 2,348 | — | 3,742 | 361 | 1975 | 11/2/2017 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
RDLB | Cedar Rapids, IA | 654 | — | — | — | — | — | 654 | — | — | 654 | — | 1997 | 1/12/2018 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Uniontown, PA | 1,682 | — | — | — | — | — | 1,682 | — | — | 1,682 | — | 1992 | 5/29/2018 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Louisville, KY | 1,188 | 2,087 | — | — | — | — | 1,188 | 2,087 | — | 3,275 | 269 | 1991 | 12/17/2018 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
RDLB | Talleyville, DE | 1,222 | 3,402 | — | — | — | — | 1,222 | 3,402 | — | 4,624 | 378 | 1991 | 12/17/2018 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
RDLB | Southaven, MS | 1,967 | 2,521 | — | — | — | — | 1,967 | 2,521 | — | 4,488 | 299 | 2005 | 12/17/2018 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
RDLB | St. Cloud, MN | 1,490 | 3,665 | — | — | — | — | 1,490 | 3,665 | — | 5,155 | 378 | 1990 | 12/17/2018 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
RDLB | Columbus, IN | 1,220 | 1,575 | — | — | — | — | 1,220 | 1,575 | — | 2,795 | 222 | 1991 | 12/17/2018 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
RDLB | Grand Junction, CO | 751 | — | — | — | — | — | 751 | — | — | 751 | — | 1993 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Louisville, KY | 764 | 1,420 | — | — | — | — | 764 | 1,420 | — | 2,184 | 227 | 1991 | 6/6/2019 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
RDLB | Grand Forks, ND | 1,970 | 2,203 | — | — | — | — | 1,970 | 2,203 | — | 4,173 | 348 | 1992 | 6/6/2019 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
RDLB | Talleyville, DE | 1,337 | 1,418 | — | — | — | — | 1,337 | 1,418 | — | 2,755 | 252 | 1991 | 6/6/2019 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
RDLB | Southaven, MS | 936 | 2,119 | — | — | — | — | 936 | 2,119 | — | 3,055 | 207 | 2005 | 6/6/2019 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
RDLB | St. Cloud, MN | 1,813 | 2,675 | — | — | — | — | 1,813 | 2,675 | — | 4,488 | 297 | 1990 | 6/6/2019 | 5 - 45 | ||||||||||||||||||||||||||||||||||||||
RDLB | Sioux City, IA | 806 | — | — | — | — | — | 806 | — | — | 806 | — | 1990 | 6/28/2019 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Coralville, IA | 2,078 | — | — | — | — | — | 2,078 | — | — | 2,078 | — | 2001 | 12/26/2019 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Horseheads, NY | 1,769 | — | — | — | — | — | 1,769 | — | — | 1,769 | — | 1992 | 12/30/2021 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Tucson, AZ | 2,258 | — | — | — | — | — | 2,258 | — | — | 2,258 | — | 2009 | 3/29/2022 | — | ||||||||||||||||||||||||||||||||||||||
RDLB | Ronkonkoma, NY | 3,221 | — | — | — | — | — | 3,221 | — | — | 3,221 | — | 2005 | 12/28/2022 | — | ||||||||||||||||||||||||||||||||||||||
REI | Kentwood, MI | 711 | 4,090 | — | — | — | — | 711 | 4,090 | — | 4,801 | 270 | 2019 | 1/24/2020 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
REI | Virginia Beach, VA | 6,386 | — | — | — | — | — | 6,386 | — | — | 6,386 | — | 2016 | 11/22/2022 | — | ||||||||||||||||||||||||||||||||||||||
RROBN | Idaho Falls, ID | 1,538 | — | — | — | — | — | 1,538 | — | — | 1,538 | — | 2008 | 12/29/2021 | — | ||||||||||||||||||||||||||||||||||||||
RROBN | Frederick, MD | 2,290 | — | — | — | — | — | 2,290 | — | — | 2,290 | — | 2011 | 6/30/2022 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
S52 | Naples, FL | 2,912 | 3,619 | 447 | — | 7 | 37 | 2,912 | 3,626 | 484 | 7,022 | 1,671 | 2011 | 10/10/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
S52 | Jacksonville, FL | 2,216 | 2,729 | 416 | — | 6 | 3 | 2,216 | 2,735 | 419 | 5,370 | 1,320 | 2011 | 10/24/2011 | 2 - 46 | ||||||||||||||||||||||||||||||||||||||
SEVEN | Suusex, WI | 1,856 | 818 | — | — | — | — | 1,856 | 818 | — | 2,674 | 64 | 1995 | 12/30/2020 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
SEVEN | Cleveland, OH | 2,534 | 947 | — | — | — | — | 2,534 | 947 | — | 3,481 | 45 | 2001 | 8/4/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
SMKYB | Rockford, IL | 1,216 | 2,810 | — | — | — | — | 1,216 | 2,810 | — | 4,026 | 66 | 2019 | 3/21/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
SMKYB | Ronkonkoma, NY | 3,191 | — | — | — | — | — | 3,191 | — | — | 3,191 | — | 2005 | 12/28/2022 | — | ||||||||||||||||||||||||||||||||||||||
SONIC | Tracy, CA | 979 | — | — | — | — | — | 979 | — | — | 979 | — | 2004 | 11/20/2018 | — | ||||||||||||||||||||||||||||||||||||||
SONIC | Campbellsville, KY | 1,277 | 356 | — | — | — | — | 1,277 | 356 | — | 1,633 | 39 | 1997 | 7/30/2021 | 10 - 15 | ||||||||||||||||||||||||||||||||||||||
SONIC | Louisville, KY | 1,710 | 535 | — | — | — | — | 1,710 | 535 | — | 2,245 | 42 | 2008 | 7/30/2021 | 10 - 25 | ||||||||||||||||||||||||||||||||||||||
SONIC | Louisville, KY | 635 | 350 | — | — | — | — | 635 | 350 | — | 985 | 40 | 2001 | 7/30/2021 | 10 - 15 | ||||||||||||||||||||||||||||||||||||||
SONIC | Shepherdsville, KY | 1,468 | 395 | — | — | — | — | 1,468 | 395 | — | 1,863 | 38 | 2000 | 7/30/2021 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
SONIC | Radcliff, KY | 333 | 330 | — | — | — | — | 333 | 330 | — | 663 | 34 | 2008 | 7/30/2021 | 7 - 18 | ||||||||||||||||||||||||||||||||||||||
SONIC | Munfordville, KY | 310 | 466 | — | — | — | — | 310 | 466 | — | 776 | 37 | 2008 | 7/30/2021 | 10 - 22 | ||||||||||||||||||||||||||||||||||||||
SONIC | Elizabethtown, KY | 1,326 | 332 | — | — | — | — | 1,326 | 332 | — | 1,658 | 37 | 2001 | 7/30/2021 | 10 - 15 | ||||||||||||||||||||||||||||||||||||||
SONIC | Jeffersontown, KY | 676 | 319 | — | — | — | — | 676 | 319 | — | 995 | 41 | 1997 | 7/30/2021 | 7 - 15 | ||||||||||||||||||||||||||||||||||||||
SOPTI | West Allis, WI | 1,154 | 809 | — | — | — | — | 1,154 | 809 | — | 1,963 | 43 | 2018 | 6/28/2021 | 12 - 32 | ||||||||||||||||||||||||||||||||||||||
STAR | Beavercreek, OH | 582 | 710 | — | — | — | — | 582 | 710 | — | 1,292 | 125 | 2014 | 1/12/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
STAR | Orland Park (Chicago), IL | 954 | 847 | — | — | — | — | 954 | 847 | — | 1,801 | 164 | 1993 | 6/29/2018 | 5 - 30 | ||||||||||||||||||||||||||||||||||||||
STAR | Hagerstown, MD | 755 | 1,620 | — | — | — | — | 755 | 1,620 | — | 2,375 | 186 | 2014 | 10/11/2018 | 11 - 51 | ||||||||||||||||||||||||||||||||||||||
STAR | Decatur, AL | 473 | 627 | — | — | — | — | 473 | 627 | — | 1,100 | 63 | 2007 | 10/30/2018 | 25 - 45 | ||||||||||||||||||||||||||||||||||||||
STAR | Manchester, CN | 725 | 995 | — | — | — | — | 725 | 995 | — | 1,720 | 57 | 1998 | 11/10/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
STAR | Jacksonville, NC | 665 | 483 | — | — | — | — | 665 | 483 | — | 1,148 | 58 | 2006 | 6/23/2020 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
STAR | Clinton, MS | 620 | 478 | — | — | — | — | 620 | 478 | — | 1,098 | 32 | 2005 | 11/20/2020 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
STAR | Maryville, TN | 1,469 | 490 | — | — | — | — | 1,469 | 490 | — | 1,959 | 36 | 2007 | 12/30/2020 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
STAR | Pelham, AL | 1,613 | 558 | — | — | — | — | 1,613 | 558 | — | 2,171 | 33 | 2019 | 3/30/2021 | 13 - 43 | ||||||||||||||||||||||||||||||||||||||
STAR | Melrose Park, IL | 1,278 | 913 | — | — | — | — | 1,278 | 913 | — | 2,191 | 66 | 2020 | 3/18/2021 | 14 - 34 | ||||||||||||||||||||||||||||||||||||||
STAR | Syracuse, NY | 2,550 | 1,099 | — | — | — | — | 2,550 | 1,099 | — | 3,649 | 55 | 2019 | 4/1/2021 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
STKNS | Peru, IL | 560 | 813 | — | — | — | — | 560 | 813 | — | 1,373 | 194 | 1996 | 11/9/2016 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
STKNS | Vero Beach, FL | 435 | 930 | — | — | — | — | 435 | 930 | — | 1,365 | 205 | 1998 | 11/9/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
STKNS | Indianapolis, IN | 571 | 1,050 | — | — | — | — | 571 | 1,050 | — | 1,621 | 209 | 1989 | 1/12/2017 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
STKNS | Carmel, IN | 887 | — | — | — | — | — | 887 | — | — | 887 | — | 1992 | 12/30/2019 | — | ||||||||||||||||||||||||||||||||||||||
SUNAU | Chesterfield, MO | 1,541 | 1,511 | — | — | — | — | 1,541 | 1,511 | — | 3,052 | 5 | 2008 | 12/12/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
SUNAU | Manchester, MO | 858 | 1,207 | — | — | — | — | 858 | 1,207 | — | 2,065 | 4 | 2006 | 12/12/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
SUNAU | O'Fallon, MO | 1,668 | 1,391 | — | — | — | — | 1,668 | 1,391 | — | 3,059 | 5 | 1998 | 12/12/2022 | 10 - 30 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
SVCKG | Fort Worth, TX | 948 | 1,904 | — | — | — | — | 948 | 1,904 | — | 2,852 | 90 | 2002 | 8/2/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
SVCKG | Plano, TX | 1,446 | 1,952 | — | — | — | — | 1,446 | 1,952 | — | 3,398 | 92 | 2002 | 8/2/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TACOB | Newburgh, IN | 139 | 1,069 | — | — | — | — | 139 | 1,069 | — | 1,208 | 157 | 1994 | 11/15/2016 | 14 - 53 | ||||||||||||||||||||||||||||||||||||||
TACOB | Anniston, AL | 200 | 611 | — | — | — | — | 200 | 611 | — | 811 | 114 | 2000 | 1/12/2017 | 8 - 48 | ||||||||||||||||||||||||||||||||||||||
TACOB | Columbia, SC | 1,161 | 1,086 | — | — | — | — | 1,161 | 1,086 | — | 2,247 | 221 | 2009 | 1/13/2017 | 12 - 50 | ||||||||||||||||||||||||||||||||||||||
TACOB | Gas City, IN | 503 | 951 | — | — | — | — | 503 | 951 | — | 1,454 | 182 | 1999 | 7/26/2017 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
TACOB | Logansport, IN | 447 | 1,261 | — | — | — | — | 447 | 1,261 | — | 1,708 | 185 | 1990 | 7/26/2017 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
TACOB | Manchester, CT | 1,393 | — | — | — | — | — | 1,393 | — | — | 1,393 | — | 2013 | 7/27/2018 | — | ||||||||||||||||||||||||||||||||||||||
TACOB | Greenwood, IN | 540 | — | — | — | — | — | 540 | — | — | 540 | — | 2007 | 10/31/2018 | — | ||||||||||||||||||||||||||||||||||||||
TACOB | Grand Junction, CO | 886 | — | — | — | — | — | 886 | — | — | 886 | — | 1996 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
TACOB | Clovis, NM | 307 | — | — | — | — | — | 307 | — | — | 307 | — | 1995 | 11/21/2019 | — | ||||||||||||||||||||||||||||||||||||||
TACOB | Southaven, MS | 935 | — | — | — | — | — | 935 | — | — | 935 | — | 2006 | 12/20/2019 | — | ||||||||||||||||||||||||||||||||||||||
TACOB | El Paso, TX | 1,197 | — | — | — | — | — | 1,197 | — | — | 1,197 | — | 2004 | 8/31/2022 | — | ||||||||||||||||||||||||||||||||||||||
TBANK | Greensboro, NC | 941 | — | — | — | — | — | 941 | — | — | 941 | — | 1998 | 1/31/2022 | — | ||||||||||||||||||||||||||||||||||||||
TBANK | Virginia Beach, VA | 2,157 | — | — | — | — | — | 2,157 | — | — | 2,157 | — | 1990 | 11/22/2022 | — | ||||||||||||||||||||||||||||||||||||||
THRIV | Elmhurst, IL | 603 | 700 | — | — | — | — | 603 | 700 | — | 1,303 | 28 | 1976 | 8/24/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
THRIV | Hoffman Estates, IL | 3,003 | 8,458 | — | — | — | — | 3,003 | 8,458 | — | 11,461 | 130 | 2003 | 7/8/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
TIRES | Overland Park, KS | 1,395 | 650 | — | — | — | — | 1,395 | 650 | — | 2,045 | 118 | 1999 | 8/12/2020 | 5 - 25 | ||||||||||||||||||||||||||||||||||||||
TIRES | Athens, GA | 287 | 402 | — | — | — | — | 287 | 402 | — | 689 | 64 | 1993 | 8/25/2021 | 5 - 20 | ||||||||||||||||||||||||||||||||||||||
TIRES | Athens, GA | 366 | 781 | — | — | — | — | 366 | 781 | — | 1,147 | 36 | 1992 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Bogart, GA | 282 | 865 | — | — | — | — | 282 | 865 | — | 1,147 | 35 | 1990 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Watkinsville, GA | 297 | 802 | — | — | — | — | 297 | 802 | — | 1,099 | 36 | 1994 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Athens, GA | 1,187 | 1,020 | — | — | — | — | 1,187 | 1,020 | — | 2,207 | 47 | 1999 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Loganville, GA | 920 | 924 | — | — | — | — | 920 | 924 | — | 1,844 | 43 | 1999 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Lawrenceville, GA | 1,038 | 1,021 | — | — | — | — | 1,038 | 1,021 | — | 2,059 | 43 | 1998 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Suwanee, GA | 1,039 | 890 | — | — | — | — | 1,039 | 890 | — | 1,929 | 45 | 1998 | 8/25/2021 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
TIRES | Rockford, IL | 1,080 | 1,114 | — | — | — | — | 1,080 | 1,114 | — | 2,194 | 30 | 1998 | 4/25/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
TIRES | Toledo, OH | 648 | 1,306 | — | — | — | — | 648 | 1,306 | — | 1,954 | 8 | 2002 | 10/19/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
TORCH | St. Petersburg, FL | 2,129 | — | — | — | — | — | 2,129 | — | — | 2,129 | — | 2018 | 10/19/2022 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | Fort Gratiot, MI | 1,248 | — | — | — | — | — | 1,248 | — | — | 1,248 | — | 2007 | 11/20/2018 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | Sierra Vista, AZ | 1,305 | — | — | — | — | — | 1,305 | — | — | 1,305 | — | 2007 | 11/20/2018 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | Logan, UT | 1,272 | — | — | — | — | — | 1,272 | — | — | 1,272 | — | 2009 | 5/1/2019 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | La Crosse, WI | 1,352 | — | — | — | — | — | 1,352 | — | — | 1,352 | — | 2012 | 7/25/2019 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | Florence, SC | 1,860 | — | — | — | — | — | 1,860 | — | — | 1,860 | — | 2019 | 12/30/2019 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
CGR | Pinellas Park, FL | 2,857 | 2,352 | — | — | — | — | 2,857 | 2,352 | — | 5,209 | 88 | 2005 | 8/8/2018 | 10 - 50 | ||
CGR | Conyers, GA | 1,049 | 2,168 | — | — | — | — | 1,049 | 2,168 | — | 3,217 | 87 | 2000 | 8/8/2018 | 7 - 45 | ||
CGR | Eagle Pass, TX | 1,338 | 1,859 | — | — | — | — | 1,338 | 1,859 | — | 3,197 | 84 | 2007 | 8/8/2018 | 5 - 45 | ||
CGR | Enid, OK | 1,712 | 2,805 | — | — | — | — | 1,712 | 2,805 | — | 4,517 | 104 | 1996 | 9/14/2018 | 10 - 45 | ||
CGR | Lawton, OK | 1,072 | 1,197 | — | — | — | — | 1,072 | 1,197 | — | 2,269 | 64 | 1999 | 9/14/2018 | 3 - 36 | ||
CGR | Austin, TX | 988 | 1,330 | — | — | — | — | 988 | 1,330 | — | 2,318 | 61 | 2003 | 9/14/2018 | 1 - 41 | ||
CGR | Greenville, TX | 1,495 | 1,431 | — | — | — | — | 1,495 | 1,431 | — | 2,926 | 58 | 2002 | 9/28/2018 | 10 - 45 | ||
CGR | Arcadia, FL | 1,575 | 1,408 | — | — | — | — | 1,575 | 1,408 | — | 2,983 | 61 | 2005 | 9/28/2018 | 5 - 45 | ||
CGR | Aurora, CO | 649 | 1,534 | — | — | — | — | 649 | 1,534 | — | 2,183 | 58 | 1990 | 10/23/2018 | 5 - 40 | ||
CGR | Coralville, IA | 1,628 | — | — | — | — | — | 1,628 | — | — | 1,628 | — | 1998 | 12/26/2019 | — | ||
CGR | Alamosa, CO | 1,992 | 1,206 | — | — | — | — | 1,992 | 1,206 | — | 3,199 | — | 2007 | 12/27/2019 | 10 - 35 | ||
CGR | Pueblo, CO | 800 | 1,694 | — | — | — | — | 800 | 1,694 | — | 2,494 | — | 2005 | 12/27/2019 | 10 - 35 | ||
CGR | Lafayette, LA | 3,183 | 1,579 | — | — | — | — | 3,183 | 1,579 | — | 4,761 | — | 2005 | 12/27/2019 | 10 - 35 | ||
CGR | Southaven, MS | 2,332 | 1,770 | — | — | — | — | 2,332 | 1,770 | — | 4,102 | — | 2000 | 12/27/2019 | 10 - 35 | ||
CGR | Shawnee, OK | 2,077 | 1,370 | — | — | — | — | 2,077 | 1,370 | — | 3,448 | — | 2001 | 12/27/2019 | 10 - 35 | ||
CGR | Harlingen, TX | 3,054 | 1,630 | — | — | — | — | 3,054 | 1,630 | — | 4,684 | — | 1998 | 12/27/2019 | 10 - 35 | ||
CGR | Seguin, TX | 2,350 | 1,778 | — | — | — | — | 2,350 | 1,778 | — | 4,129 | — | 2004 | 12/27/2019 | 10 - 35 | ||
CJ | Logan, UT | 848 | — | — | — | — | — | 848 | — | — | 848 | — | 1997 | 6/7/2019 | — | ||
CRB | Palm Coast , FL | 2,146 | — | — | — | — | — | 2,146 | — | — | 2,146 | — | 2012 | 6/13/2019 | — | ||
CSK | Pensacola, FL | 1,530 | — | — | — | — | — | 1,530 | — | — | 1,530 | — | 1991 | 6/29/2018 | — | ||
DEN | Amherst, OH | 460 | 998 | — | — | — | — | 460 | 998 | — | 1,458 | 111 | 1971 | 11/9/2016 | 10 - 40 | ||
DQ | Tulsa, OK | 485 | 388 | — | — | — | — | 485 | 388 | — | 873 | 114 | 2015 | 10/20/2016 | 14 - 54 | ||
DT/MP | New Baltimore, MI | 435 | 2,351 | — | — | — | — | 435 | 2,351 | — | 2,786 | 119 | 2016 | 9/15/2017 | 14 - 54 | ||
DTC | Coralville, IA | 2,142 | — | — | — | — | — | 2,142 | — | — | 2,142 | — | 1998 | 12/26/2019 | — | ||
FAZ | Lafayette, IN | 244 | 522 | — | — | — | — | 244 | 522 | — | 766 | 70 | 1996 | 11/9/2016 | 5 - 40 | ||
HAR | Gadsden, AL | 464 | 1,064 | — | — | — | — | 464 | 1,064 | — | 1,528 | 118 | 1985 | 12/15/2016 | 10 - 40 | ||
HAR | Baxley, GA | 644 | 1,258 | — | — | — | — | 644 | 1,258 | — | 1,902 | 150 | 1983 | 12/15/2016 | 10 - 40 | ||
HAR | Vidalia, GA | 364 | 1,232 | — | — | — | — | 364 | 1,232 | — | 1,596 | 96 | 2007 | 12/15/2016 | 10 - 50 | ||
HAR | Hazlehurst, GA | 461 | 1,516 | — | — | — | — | 461 | 1,516 | — | 1,977 | 116 | 2013 | 12/15/2016 | 12 - 52 | ||
HAR | Sioux City, IA | 901 | — | — | — | — | — | 901 | — | — | 901 | — | 1979 | 6/28/2019 | — | ||
HIE | Coralville, IA | 1,318 | — | — | — | — | — | 1,318 | — | — | 1,318 | — | 2000 | 12/26/2019 | — | ||
IHOP | Grand Junction, CO | 853 | — | — | — | — | — | 853 | — | — | 853 | — | 2002 | 1/18/2019 | — | ||
IHOP | Christiansburg, VA | 739 | — | — | 250 | — | — | 989 | — | — | 989 | — | 1998 | 4/19/2019 | — | ||
KFC | Detroit, MI | 294 | 916 | — | — | — | — | 294 | 916 | — | 1,210 | 84 | 1997 | 9/14/2016 | 5 - 43 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
TXRD | Augusta, ME | 860 | — | — | — | — | — | 860 | — | — | 860 | — | 2009 | 7/2/2020 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | Aurora, CO | 2,404 | 1,650 | — | — | — | — | 2,404 | 1,650 | — | 4,054 | 187 | 2000 | 6/26/2020 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
TXRD | Joilet, IL | 1,660 | 1,856 | — | — | — | — | 1,660 | 1,856 | — | 3,516 | 169 | 2000 | 9/22/2020 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
TXRD | Ocala, FL | 2,172 | — | — | — | — | — | 2,172 | — | — | 2,172 | — | 2019 | 9/24/2021 | — | ||||||||||||||||||||||||||||||||||||||
TXRD | East Peoria, IL | 1,551 | 1,328 | — | — | — | — | 1,551 | 1,328 | — | 2,879 | 105 | 2002 | 2/25/2021 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
USBNK | Littleton, CO | 3,547 | — | — | — | — | — | 3,547 | — | — | 3,547 | — | 1982 | 4/30/2021 | — | ||||||||||||||||||||||||||||||||||||||
VACANT | Gadsden, AL | 464 | 1,064 | — | — | — | — | 464 | 1,064 | — | 1,528 | 233 | 1985 | 12/15/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
VCA | Fort Pierce, FL | 787 | 1,625 | — | — | — | — | 787 | 1,625 | — | 2,412 | 71 | 2009 | 9/2/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
VCA | St. Paul, MN | 554 | 716 | — | — | — | — | 554 | 716 | — | 1,270 | 61 | 1940 | 6/10/2021 | 10 - 20 | ||||||||||||||||||||||||||||||||||||||
VCA | Lafayette, IN | 258 | 725 | — | — | 44 | — | 258 | 769 | — | 1,027 | 22 | 1999 | 7/27/2022 | 10 - 15 | ||||||||||||||||||||||||||||||||||||||
VCA | Marshall, MI | 291 | 1,314 | — | — | — | — | 291 | 1,314 | — | 1,605 | 59 | 2007 | 1/10/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
VRZN | North Augusta, SC | 752 | 567 | — | — | — | — | 752 | 567 | — | 1,319 | 54 | 2016 | 12/30/2020 | 11 - 46 | ||||||||||||||||||||||||||||||||||||||
VRZN | Greenwood, IN | 1,117 | 391 | — | — | — | — | 1,117 | 391 | — | 1,508 | 31 | 1998 | 12/30/2020 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
VRZN | Farmington, NM | 1,400 | 516 | — | — | — | — | 1,400 | 516 | — | 1,916 | 28 | 2019 | 12/30/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
VRZN | Kent, OH | 965 | 527 | — | — | — | — | 965 | 527 | — | 1,492 | 34 | 2019 | 11/2/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
VRZN | Zanesville, OH | 1,156 | 476 | — | — | — | — | 1,156 | 476 | — | 1,632 | 28 | 2019 | 11/2/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
VRZN | Philadelphia, OH | 1,173 | 570 | — | — | — | — | 1,173 | 570 | — | 1,743 | 39 | 2019 | 11/2/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
VRZN | Connellsville, PA | 1,204 | 678 | — | — | — | — | 1,204 | 678 | — | 1,882 | 53 | 2019 | 11/2/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
VRZN | Fort Meyers, FL | 605 | 426 | — | — | — | — | 605 | 426 | — | 1,031 | 31 | 2006 | 10/16/2020 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
VRZN | Littleton, CO | 1,411 | 458 | — | — | — | — | 1,411 | 458 | — | 1,869 | 14 | 1993 | 2/25/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
WCASTL | Carmel, IN | 625 | — | — | — | — | — | 625 | — | — | 625 | — | 1992 | 12/30/2019 | — | ||||||||||||||||||||||||||||||||||||||
WELLN | Gloversville, NY | 1,204 | 936 | — | — | — | — | 1,204 | 936 | — | 2,140 | 46 | 2021 | 5/28/2021 | 15 - 45 | ||||||||||||||||||||||||||||||||||||||
WELLN | Brockport, NY | 1,115 | 1,177 | — | — | — | — | 1,115 | 1,177 | — | 2,292 | 35 | 2021 | 12/28/2021 | 15 - 45 | ||||||||||||||||||||||||||||||||||||||
WELLN | Syracuse, NY | 1,220 | 1,623 | — | — | — | — | 1,220 | 1,623 | — | 2,843 | 43 | 2021 | 12/28/2021 | 15 - 45 | ||||||||||||||||||||||||||||||||||||||
WELLN | Escanaba, MI | 536 | 1,748 | — | — | — | — | 536 | 1,748 | — | 2,284 | — | 2022 | 12/20/2022 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
WELLN | Piqua, OH | 1,012 | 1,418 | — | — | — | — | 1,012 | 1,418 | — | 2,430 | 11 | 2022 | 10/4/2022 | 15 - 39 | ||||||||||||||||||||||||||||||||||||||
WELLN | Troy, OH | 1,153 | 1,689 | — | — | — | — | 1,153 | 1,689 | — | 2,842 | 13 | 2022 | 10/4/2022 | 15 - 39 | ||||||||||||||||||||||||||||||||||||||
WELLN | Mentor-on-the-lake, OH | 967 | 1,791 | — | — | — | — | 967 | 1,791 | — | 2,758 | 13 | 2022 | 10/4/2022 | 15 - 39 | ||||||||||||||||||||||||||||||||||||||
WELLN | Berea, OH | 854 | 2,087 | — | — | — | — | 854 | 2,087 | — | 2,941 | 6 | 2008 | 11/29/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
WELLN | Streetboro, OH | 1,122 | 1,869 | — | — | — | — | 1,122 | 1,869 | — | 2,991 | 5 | 2022 | 11/29/2022 | 15 - 39 | ||||||||||||||||||||||||||||||||||||||
WELLS | Idaho Falls, ID | 578 | 1,164 | — | — | — | — | 578 | 1,164 | — | 1,742 | 73 | 1985 | 9/23/2020 | 10 - 50 | ||||||||||||||||||||||||||||||||||||||
WELLS | Whitehall, PA | 971 | — | — | — | — | — | 971 | — | — | 971 | — | 1998 | 9/24/2021 | — | ||||||||||||||||||||||||||||||||||||||
WELLS | Prattville, AL | 2,387 | — | — | — | — | — | 2,387 | — | — | 2,387 | — | 2008 | 5/4/2022 | — | ||||||||||||||||||||||||||||||||||||||
WELLS | Nashville, TN | 2,511 | — | — | — | — | — | 2,511 | — | — | 2,511 | — | 2008 | 5/4/2022 | — | ||||||||||||||||||||||||||||||||||||||
WENDY | Odessa, TX | 822 | 1,327 | — | — | — | — | 822 | 1,327 | — | 2,149 | 276 | 1995 | 8/2/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
WENDY | Wheat Ridge, CO | 453 | 467 | — | (127) | — | — | 326 | 467 | — | 793 | 125 | 1978 | 11/9/2016 | 5 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2022 (Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||||||||||||||||||||||||||||||||||||||
Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||||||||||||||||||||||||||||||||||||||
WENDY | Warren, MI | 323 | 946 | — | — | — | — | 323 | 946 | — | 1,269 | 191 | 2003 | 11/9/2016 | 10 - 40 | ||||||||||||||||||||||||||||||||||||||
WENDY | Grand Junction, CO | 1,113 | — | — | — | — | — | 1,113 | — | — | 1,113 | — | 1994 | 1/18/2019 | — | ||||||||||||||||||||||||||||||||||||||
WENDY | Clayton, OH | 814 | 1,097 | — | — | — | — | 814 | 1,097 | — | 1,911 | 164 | 2004 | 6/26/2019 | 5 - 40 | ||||||||||||||||||||||||||||||||||||||
WENDY | Warwick, RI | 1,343 | — | — | — | — | — | 1,343 | — | — | 1,343 | — | 1999 | 12/24/2019 | — | ||||||||||||||||||||||||||||||||||||||
WENDY | Chesapeake, VA | 1,133 | — | — | — | — | — | 1,133 | — | — | 1,133 | — | 1993 | 10/29/2020 | — | ||||||||||||||||||||||||||||||||||||||
WENDY | Columbia, MO | 1,387 | — | — | — | — | — | 1,387 | — | — | 1,387 | — | 1985 | 2/21/2020 | — | ||||||||||||||||||||||||||||||||||||||
WHABU | Pensacola, FL | 571 | 599 | — | — | — | — | 571 | 599 | — | 1,170 | 4 | 1986 | 11/14/2022 | 10 - 30 | ||||||||||||||||||||||||||||||||||||||
WILDF | San Antonio, TX | — | — | 8 | 2,790 | 2,069 | 69 | 2,790 | 2,069 | 77 | 4,936 | 665 | 2008 | 11/14/2011 | 2 - 43 | ||||||||||||||||||||||||||||||||||||||
ZAXBY | Snellville, GA | 859 | 1,168 | — | — | — | — | 859 | 1,168 | — | 2,027 | 213 | 2003 | 11/9/2016 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
ASPDE/STAR | Morries, IL | 988 | 2,267 | — | — | — | — | 988 | 2,267 | — | 3,255 | 80 | 2021 | 7/23/2021 | 14 - 44 | ||||||||||||||||||||||||||||||||||||||
ASPDE/WELLN | Melrose Park, IL | 1,744 | 2,482 | — | — | — | — | 1,744 | 2,482 | — | 4,226 | 113 | 2020 | 3/18/2021 | 14 - 44 | ||||||||||||||||||||||||||||||||||||||
ASPDE/WELLN | Oswego, NY | 943 | 1,853 | — | — | — | — | 943 | 1,853 | — | 2,796 | 67 | 1997 | 12/3/2021 | 11 - 36 | ||||||||||||||||||||||||||||||||||||||
BJS/SLEEP/VRZN | Hagerstown, MD | 1,341 | 4,590 | — | — | — | — | 1,341 | 4,590 | — | 5,931 | 269 | 1974 | 3/12/2020 | 14 - 49 | ||||||||||||||||||||||||||||||||||||||
BWW/CHIP | Clovis, NM | 1,328 | 1,897 | — | — | — | — | 1,328 | 1,897 | — | 3,225 | 71 | 1997 | 11/22/2021 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
DAVTA/NEPHA | Panama City, FL | 1,494 | 2,647 | — | — | — | — | 1,494 | 2,647 | — | 4,141 | 89 | 1985 | 12/30/2021 | 5 - 35 | ||||||||||||||||||||||||||||||||||||||
DTACO/MODPZ | New Baltimore, MI | 435 | 2,351 | — | — | — | — | 435 | 2,351 | — | 2,786 | 272 | 2016 | 9/15/2017 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
EYECA/STOREB | Warwick, RI | 951 | 1,469 | — | — | — | — | 951 | 1,469 | — | 2,420 | 53 | 2009 | 8/24/2021 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
LONGH/OLVGR/ADB | Auburn, ME | 3,355 | — | — | — | — | — | 3,355 | — | — | 3,355 | — | 2005 | 10/31/2019 | — | ||||||||||||||||||||||||||||||||||||||
OSG/SS/JJ | San Antonio, TX | 6,940 | 4,049 | — | — | — | — | 6,940 | 4,049 | — | 10,989 | 275 | 1970 | 12/24/2019 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
PANE/ATT | Terra Haute, IN | 1,310 | 1,062 | — | — | — | — | 1,310 | 1,062 | — | 2,372 | 68 | 2005 | 10/26/2020 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
PEYES/USC/GC | Moline, IL | 1,298 | 1,396 | — | — | — | — | 1,298 | 1,396 | — | 2,694 | 115 | 2017 | 12/10/2019 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
POB/VRZN | Mount Pleasant, WI | 1,031 | 908 | — | — | — | — | 1,031 | 908 | — | 1,939 | 82 | 2017 | 1/29/2020 | 12 - 47 | ||||||||||||||||||||||||||||||||||||||
STAR/ATT | Overland Park, KS | 1,695 | 1,674 | — | — | — | — | 1,695 | 1,674 | — | 3,369 | 5 | 2000 | 12/2/2022 | 10 - 35 | ||||||||||||||||||||||||||||||||||||||
STAR/VRZN/ATI | Huntington, IN | 1,927 | 1,158 | — | — | — | — | 1,927 | 1,158 | — | 3,085 | 84 | 2019 | 11/28/2019 | 14 - 54 | ||||||||||||||||||||||||||||||||||||||
WELLN/ATT/ASPDE/BANFD/ADDUS | Chicago, IL | 3,112 | 7,239 | — | — | — | — | 3,112 | 7,239 | — | 10,351 | — | 2008 | 12/29/2022 | 10 - 45 | ||||||||||||||||||||||||||||||||||||||
$1,090,476 | $1,158,906 | $48,002 | $25,351 | $245,292 | $87,675 | $1,115,827 | $1,404,198 | $135,677 | $2,655,702 | $706,702 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
KFC | Auburn Hills, MI | 98 | 925 | — | — | — | — | 98 | 925 | — | 1,023 | 93 | 2002 | 9/14/2016 | 5 - 43 | ||
KFC | Detroit, MI | 75 | 732 | — | — | — | — | 75 | 732 | — | 807 | 75 | 1984 | 9/14/2016 | 5 - 40 | ||
KFC | Detroit, MI | 323 | 635 | — | — | — | — | 323 | 635 | — | 958 | 78 | 1984 | 9/14/2016 | 5 - 40 | ||
KFC | Altoona, WI | 195 | 1,714 | — | — | — | — | 195 | 1,714 | — | 1,909 | 143 | 1993 | 11/10/2016 | 10 - 45 | ||
KFC | LaCrosse, WI | 216 | 893 | — | — | — | — | 216 | 893 | — | 1,109 | 107 | 1979 | 11/10/2016 | 5 - 40 | ||
KFC | Rice Lake, WI | 215 | 1,045 | — | — | — | — | 215 | 1,045 | — | 1,260 | 123 | 1991 | 11/10/2016 | 5 - 40 | ||
KFC | Chippewa Falls, WI | 167 | 924 | — | — | — | — | 167 | 924 | — | 1,091 | 95 | 2003 | 11/10/2016 | 5 - 40 | ||
KFC | LaCrosse, WI | 245 | 1,042 | — | — | — | — | 245 | 1,042 | — | 1,287 | 117 | 1972 | 11/10/2016 | 5 - 40 | ||
KFC | Stevens Point, WI | 92 | 697 | — | — | — | — | 92 | 697 | — | 789 | 74 | 1984 | 11/10/2016 | 5 - 40 | ||
KFC | Wisconsin Rapids, WI | 179 | 1,928 | — | — | — | — | 179 | 1,928 | — | 2,107 | 158 | 1991 | 11/10/2016 | 10 - 45 | ||
KFC | Wausau, WI | 126 | 1,387 | — | — | — | — | 126 | 1,387 | — | 1,513 | 113 | 1979 | 11/10/2016 | 10 - 45 | ||
KFC | Escanaba, MI | 143 | 1,362 | — | — | — | — | 143 | 1,362 | — | 1,505 | 118 | 1985 | 11/10/2016 | 10 - 43 | ||
KFC | Menominee, MI | 93 | 862 | — | — | — | — | 93 | 862 | — | 955 | 92 | 1995 | 11/10/2016 | 10 - 40 | ||
KFC | Goshen, IN | 95 | 1,041 | — | — | — | — | 95 | 1,041 | — | 1,136 | 108 | 1976 | 11/10/2016 | 5 - 40 | ||
KFC | South Bend, IN | 141 | 868 | — | — | — | — | 141 | 868 | — | 1,009 | 105 | 1970 | 11/10/2016 | 5 - 40 | ||
KFC | South Bend, IN | 155 | 774 | — | — | — | — | 155 | 774 | — | 929 | 99 | 1973 | 11/10/2016 | 5 - 40 | ||
KFC | Mishawaka, IN | 72 | 1,510 | — | — | — | — | 72 | 1,510 | — | 1,582 | 117 | 1978 | 11/10/2016 | 10 - 45 | ||
KFC | Kokomo, IN | 118 | 1,093 | — | — | — | — | 118 | 1,093 | — | 1,211 | 104 | 1994 | 11/10/2016 | 10 - 40 | ||
KFC | Kokomo, IN | 141 | 1,798 | — | — | — | — | 141 | 1,798 | — | 1,939 | 148 | 1994 | 11/10/2016 | 10 - 45 | ||
KK | Troy, MI | 1,480 | — | — | — | — | — | 1,480 | — | — | 1,480 | — | 2003 | 12/24/2019 | — | ||
KRYS | Gardendale, AL | 723 | 376 | — | — | — | — | 723 | 376 | — | 1,099 | 7 | 1976 | 9/27/2019 | 5 - 20 | ||
KRYS | Lenoir City, TN | 1,124 | 338 | — | — | — | — | 1,124 | 338 | — | 1,462 | 6 | 1998 | 10/10/2019 | 5 - 20 | ||
KRYS | Pratville, AL | 1,077 | 385 | — | — | — | — | 1,077 | 385 | — | 1,462 | 7 | 1998 | 10/11/2019 | 5 - 20 | ||
LH | Tucker, GA | 1,407 | 923 | 10 | — | 339 | 214 | 1,407 | 1,262 | 224 | 2,893 | 993 | 1986 | 10/1/2007 | 2 - 43 | ||
LH | Snellville, GA | 1,911 | 925 | 76 | — | 422 | 147 | 1,911 | 1,347 | 223 | 3,481 | 1,023 | 1992 | 10/1/2007 | 2 - 43 | ||
LH | Macon, GA | 1,249 | 718 | 30 | — | 420 | 204 | 1,249 | 1,138 | 234 | 2,621 | 1,055 | 1992 | 10/1/2007 | 2 - 44 | ||
LH | Augusta, GA | 1,631 | 845 | 46 | — | 300 | 103 | 1,631 | 1,145 | 149 | 2,925 | 932 | 1993 | 10/1/2007 | 2 - 42 | ||
LH | Ocala, FL | 1,210 | 1,100 | 17 | — | 579 | 112 | 1,210 | 1,679 | 129 | 3,018 | 1,347 | 1993 | 10/1/2007 | 2 - 42 | ||
LH | Altamonte Springs, FL | 1,649 | 974 | 22 | — | 450 | 135 | 1,649 | 1,424 | 157 | 3,230 | 969 | 1994 | 10/1/2007 | 2 - 44 | ||
LH | Florence, KY | — | 741 | 52 | 1,191 | 347 | 165 | 1,191 | 1,088 | 217 | 2,496 | 833 | 1994 | 10/1/2007 | 2 - 47 | ||
LH | Gainesville, GA | 1,537 | 965 | 19 | — | 348 | 140 | 1,537 | 1,313 | 159 | 3,009 | 963 | 1995 | 10/1/2007 | 2 - 43 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
LH | Peachtree City, GA | 1,485 | 1,080 | 9 | — | 457 | 159 | 1,485 | 1,537 | 168 | 3,190 | 1,112 | 1995 | 10/1/2007 | 2 - 43 | ||
LH | Lawrenceville, GA | 1,865 | 1,116 | 17 | — | 451 | 117 | 1,865 | 1,567 | 134 | 3,566 | 1,048 | 1996 | 10/1/2007 | 2 - 42 | ||
LH | Jensen Beach, FL | 1,322 | 1,082 | 33 | — | 347 | 153 | 1,322 | 1,429 | 186 | 2,937 | 1,046 | 1996 | 10/1/2007 | 2 - 42 | ||
LH | Destin, FL | 2,053 | 793 | 16 | — | 357 | 224 | 2,053 | 1,150 | 240 | 3,443 | 914 | 1996 | 10/1/2007 | 2 - 42 | ||
LH | Albany, GA | 1,500 | 988 | 34 | — | 422 | 126 | 1,500 | 1,410 | 160 | 3,070 | 929 | 1997 | 10/1/2007 | 2 - 42 | ||
LH | Dublin, OH | 1,572 | 1,205 | 18 | — | 510 | 259 | 1,572 | 1,715 | 277 | 3,564 | 1,144 | 1997 | 10/1/2007 | 2 - 42 | ||
LH | Columbia, SC | 1,677 | 1,291 | 23 | — | 495 | 176 | 1,677 | 1,786 | 199 | 3,662 | 1,188 | 1997 | 10/1/2007 | 2 - 42 | ||
LH | Pineville, NC | 1,262 | 879 | 11 | — | 495 | 195 | 1,262 | 1,374 | 206 | 2,842 | 888 | 1998 | 10/1/2007 | 2 - 44 | ||
LH | Johns Creek, GA | 1,694 | 1,089 | 18 | — | 203 | 123 | 1,694 | 1,292 | 141 | 3,127 | 837 | 1998 | 10/1/2007 | 2 - 42 | ||
LH | Greensboro, NC | 1,438 | 1,017 | 16 | — | 270 | 152 | 1,438 | 1,287 | 168 | 2,893 | 781 | 1999 | 10/1/2007 | 2 - 44 | ||
LH | Huntsville, AL | 1,443 | 983 | 7 | — | 350 | 194 | 1,443 | 1,333 | 201 | 2,977 | 817 | 1999 | 10/1/2007 | 2 - 44 | ||
LH | Hickory, NC | 1,333 | 1,029 | 7 | — | 313 | 166 | 1,333 | 1,342 | 173 | 2,848 | 766 | 1999 | 10/1/2007 | 2 - 44 | ||
LH | Tampa, FL | 1,488 | 1,078 | 6 | — | 297 | 189 | 1,488 | 1,375 | 195 | 3,058 | 917 | 2000 | 10/1/2007 | 2 - 35 | ||
LH | Clarksville, TN | 1,662 | 1,097 | 15 | — | 449 | 112 | 1,662 | 1,546 | 127 | 3,335 | 833 | 1999 | 10/1/2007 | 2 - 43 | ||
LH | Orlando, FL | 1,165 | 749 | 21 | — | 264 | 137 | 1,165 | 1,013 | 158 | 2,336 | 683 | 2000 | 10/1/2007 | 2 - 35 | ||
LH | Concord, NH | 1,329 | 935 | 7 | — | 359 | 172 | 1,329 | 1,294 | 179 | 2,802 | 698 | 2000 | 10/1/2007 | 2 - 35 | ||
LH | Orlando, FL | 1,492 | 1,277 | 52 | — | 297 | 150 | 1,492 | 1,574 | 202 | 3,268 | 918 | 2000 | 10/1/2007 | 2 - 35 | ||
LH | Medina, OH | 1,189 | 820 | 12 | — | 268 | 168 | 1,189 | 1,088 | 180 | 2,457 | 666 | 2000 | 10/1/2007 | 2 - 35 | ||
LH | Hoover, AL | 1,401 | 966 | 17 | — | 350 | 160 | 1,401 | 1,316 | 177 | 2,894 | 786 | 2001 | 10/1/2007 | 2 - 36 | ||
LH | Boardman, OH | 954 | 673 | 17 | — | 285 | 151 | 954 | 958 | 168 | 2,080 | 566 | 2001 | 10/1/2007 | 2 - 36 | ||
LH | Prattville, AL | 1,481 | 1,016 | 27 | — | 336 | 134 | 1,481 | 1,352 | 161 | 2,994 | 794 | 2001 | 10/1/2007 | 2 - 36 | ||
LH | Bensalem, PA | 1,645 | 600 | 17 | — | 346 | 160 | 1,645 | 946 | 177 | 2,768 | 561 | 2001 | 10/1/2007 | 2 - 36 | ||
LH | Lee’s Summit, MO | 1,705 | 1,219 | 34 | — | 285 | 88 | 1,705 | 1,504 | 122 | 3,331 | 751 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Germantown, MD | 1,439 | 1,069 | 27 | — | 306 | 138 | 1,439 | 1,375 | 165 | 2,979 | 775 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Independence, OH | 1,241 | 686 | 26 | — | 231 | 106 | 1,241 | 917 | 132 | 2,290 | 515 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Hiram, GA | 1,639 | 1,033 | 25 | — | 374 | 130 | 1,639 | 1,407 | 155 | 3,201 | 775 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Louisville, KY | 1,405 | 980 | 18 | — | 238 | 113 | 1,405 | 1,218 | 131 | 2,754 | 639 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Bowie, MD | 1,871 | 1,230 | 21 | — | 257 | 147 | 1,871 | 1,487 | 168 | 3,526 | 799 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Waldorf, MD | 1,929 | 1,167 | 26 | — | 245 | 162 | 1,929 | 1,412 | 188 | 3,529 | 786 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | West Palm Beach, FL | 1,781 | 1,228 | 27 | — | 297 | 132 | 1,781 | 1,525 | 159 | 3,465 | 804 | 2002 | 10/1/2007 | 2 - 37 | ||
LH | Columbia, MD | 1,918 | 1,439 | 40 | — | 268 | 161 | 1,918 | 1,707 | 201 | 3,826 | 894 | 2003 | 10/1/2007 | 2 - 38 | ||
LH | East Point, GA | 1,052 | 1,232 | 21 | — | 291 | 143 | 1,052 | 1,523 | 164 | 2,739 | 816 | 2003 | 10/1/2007 | 2 - 38 | ||
LH | Lexington, KY | 1,251 | 874 | 16 | — | 238 | 162 | 1,251 | 1,112 | 178 | 2,541 | 641 | 2003 | 10/1/2007 | 2 - 42 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
LH | Winter Haven, FL | 1,285 | 1,149 | 39 | — | 276 | 124 | 1,285 | 1,425 | 163 | 2,873 | 768 | 2003 | 10/1/2007 | 2 - 38 | ||
LH | Jacksonville, FL | 795 | 1,302 | 32 | — | 210 | 128 | 795 | 1,512 | 160 | 2,467 | 779 | 2003 | 10/1/2007 | 2 - 38 | ||
LH | Daphne, AL | 1,130 | 757 | 30 | — | 308 | 111 | 1,130 | 1,065 | 141 | 2,336 | 642 | 2003 | 10/1/2007 | 2 - 38 | ||
LH | Anderson, SC | 1,445 | 990 | 41 | — | 240 | 111 | 1,445 | 1,230 | 152 | 2,827 | 660 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | Palm Harbor, FL | 1,406 | 917 | 32 | — | 263 | 93 | 1,406 | 1,180 | 125 | 2,711 | 677 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | West Chester, OH | 1,371 | 927 | 31 | — | 248 | 79 | 1,371 | 1,175 | 110 | 2,656 | 649 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | Jefferson City, MO | 1,342 | 875 | 60 | — | 196 | 68 | 1,342 | 1,071 | 128 | 2,541 | 588 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | Chantilly, VA | 1,568 | 882 | 50 | — | 262 | 66 | 1,568 | 1,144 | 116 | 2,828 | 592 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | Dawsonville, GA | 1,084 | 1,321 | 51 | — | 188 | 100 | 1,084 | 1,509 | 151 | 2,744 | 766 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | Opelika, AL | 1,427 | 1,244 | 36 | — | 202 | 58 | 1,427 | 1,446 | 94 | 2,967 | 740 | 2004 | 10/1/2007 | 2 - 39 | ||
LH | Indianapolis, IN | 1,298 | 854 | 55 | — | 211 | 51 | 1,298 | 1,065 | 106 | 2,469 | 584 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | Grove City, OH | 1,566 | 1,067 | 53 | — | 191 | 61 | 1,566 | 1,258 | 114 | 2,938 | 655 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | Springfield, IL | 1,573 | 1,451 | 65 | — | 182 | 79 | 1,573 | 1,633 | 144 | 3,350 | 844 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | Covington, GA | 887 | 1,212 | 70 | — | 45 | 49 | 887 | 1,257 | 119 | 2,263 | 640 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | West Homestead, PA | 1,418 | 947 | 79 | — | 33 | 91 | 1,418 | 980 | 170 | 2,568 | 553 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | Carrollton, GA | 1,192 | 1,227 | 75 | — | 15 | 49 | 1,192 | 1,242 | 124 | 2,558 | 650 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | Tarentum, PA | 1,414 | 931 | 91 | — | 84 | 46 | 1,414 | 1,015 | 137 | 2,566 | 557 | 2005 | 10/1/2007 | 2 - 40 | ||
LH | Commerce, GA | 647 | 1,476 | 60 | — | 57 | 84 | 647 | 1,533 | 144 | 2,324 | 725 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | East Ellijay, GA | 1,126 | 1,272 | 70 | — | 21 | 82 | 1,126 | 1,293 | 152 | 2,571 | 669 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Acworth, GA | 1,941 | 1,255 | 70 | — | 23 | 82 | 1,941 | 1,278 | 152 | 3,371 | 646 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Peoria, IL | 1,299 | 848 | 81 | — | 143 | 46 | 1,299 | 991 | 127 | 2,417 | 563 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Hixson, TN | 1,676 | 1,263 | 84 | — | 40 | 44 | 1,676 | 1,303 | 128 | 3,107 | 649 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Fredericksburg, VA | 1,734 | 1,174 | 89 | — | 42 | 35 | 1,734 | 1,216 | 124 | 3,074 | 669 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Morgantown, WV | 1,223 | 812 | 89 | — | 27 | 44 | 1,223 | 839 | 133 | 2,195 | 513 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Florence, SC | 1,628 | 1,352 | 90 | — | 28 | 35 | 1,628 | 1,380 | 125 | 3,133 | 649 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Portage, IN | 901 | 1,652 | 105 | — | 59 | 26 | 901 | 1,711 | 131 | 2,743 | 799 | 2006 | 10/1/2007 | 2 - 41 | ||
LH | Macon, GA | 1,052 | 1,840 | 97 | — | 135 | 38 | 1,052 | 1,975 | 135 | 3,162 | 955 | 2007 | 10/1/2007 | 2 - 42 | ||
LH | Panama City Beach, FL | 1,379 | 1,736 | 99 | — | 47 | 95 | 1,379 | 1,783 | 194 | 3,356 | 924 | 2007 | 10/1/2007 | 2 - 42 | ||
LH | LaGrange, GA | 979 | 1,527 | 111 | — | 36 | 52 | 979 | 1,563 | 163 | 2,705 | 804 | 2007 | 10/1/2007 | 2 - 42 | ||
LH | Calhoun, GA | 765 | 1,760 | 109 | — | (4) | 36 | 765 | 1,756 | 145 | 2,666 | 863 | 2007 | 10/1/2007 | 2 - 42 | ||
LH | Dublin, GA | 389 | 1,910 | 140 | — | 27 | 23 | 389 | 1,937 | 163 | 2,489 | 871 | 2008 | 1/14/2008 | 2 - 43 | ||
LH | Monroe, GA | 966 | 1,549 | 164 | — | 30 | 13 | 966 | 1,579 | 177 | 2,722 | 742 | 2008 | 4/28/2008 | 2 - 43 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
LH | Denham Springs, LA | 1,306 | 2,049 | 283 | — | 35 | 12 | 1,306 | 2,084 | 295 | 3,685 | 1,168 | 2008 | 8/25/2008 | 2 - 43 | ||
LH | Cornelia, GA | 106 | 1,542 | 281 | 282 | 52 | 8 | 388 | 1,594 | 289 | 2,271 | 897 | 2008 | 12/1/2008 | 2 - 43 | ||
LH | Richmond, VA | 1,442 | 1,758 | 207 | — | 24 | 9 | 1,442 | 1,782 | 216 | 3,440 | 884 | 2009 | 2/23/2009 | 2 - 44 | ||
LH | San Antonio, TX | 907 | 1,504 | — | — | 699 | 535 | 907 | 2,203 | 535 | 3,645 | 1,145 | 2010 | 1/18/2010 | 2 - 40 | ||
LH | Orlando, FL | 1,406 | 1,701 | 253 | — | 23 | 6 | 1,406 | 1,724 | 259 | 3,389 | 785 | 2010 | 3/8/2010 | 2 - 45 | ||
LH | Thomasville, GA | 730 | 1,688 | 229 | — | 19 | 5 | 730 | 1,707 | 234 | 2,671 | 815 | 2010 | 4/19/2010 | 2 - 45 | ||
LH | San Antonio, TX | 947 | 1,436 | — | — | 444 | 543 | 947 | 1,880 | 543 | 3,370 | 1,079 | 2010 | 5/10/2010 | 2 - 40 | ||
LH | San Antonio, TX | 1,206 | 1,583 | — | — | 245 | 540 | 1,206 | 1,828 | 540 | 3,574 | 1,029 | 2010 | 7/5/2010 | 2 - 40 | ||
LH | Jackson, TN | 1,398 | 1,257 | 204 | — | 16 | 8 | 1,398 | 1,273 | 212 | 2,883 | 614 | 2010 | 7/19/2010 | 2 - 45 | ||
LH | Conyers, GA | 589 | 1,797 | 198 | — | 30 | 21 | 589 | 1,827 | 219 | 2,635 | 805 | 2010 | 8/2/2010 | 2 - 45 | ||
LH | San Antonio, TX | — | 1,382 | 735 | 1,990 | 249 | (230) | 1,990 | 1,631 | 505 | 4,126 | 980 | 2010 | 10/11/2010 | 2 - 40 | ||
LH | Fort Smith, AR | 953 | 1,610 | 252 | — | 23 | 10 | 953 | 1,633 | 262 | 2,848 | 762 | 2010 | 11/1/2010 | 2 - 45 | ||
LH | Whitehall, PA | 1,307 | 1,901 | 270 | — | 24 | 7 | 1,307 | 1,925 | 277 | 3,509 | 849 | 2010 | 12/6/2010 | 2 - 45 | ||
LH | New Braunfels, TX | — | 1,330 | 681 | — | 145 | (210) | — | 1,475 | 471 | 1,946 | 856 | 2011 | 1/24/2011 | 2 - 40 | ||
LH | McAllen, TX | 1,128 | 1,600 | 284 | — | 13 | 13 | 1,128 | 1,613 | 297 | 3,038 | 728 | 2011 | 3/28/2011 | 2 - 46 | ||
LH | Kingsland, GA | 849 | 1,564 | 236 | — | 13 | 5 | 849 | 1,577 | 241 | 2,667 | 663 | 2011 | 4/25/2011 | 2 - 46 | ||
LH | Jonesboro, AR | 902 | 1,704 | 234 | — | 15 | 1 | 902 | 1,719 | 235 | 2,856 | 724 | 2011 | 4/25/2011 | 2 - 46 | ||
LH | Hanover, MD | 1,437 | 2,258 | 252 | — | 45 | 2 | 1,437 | 2,303 | 254 | 3,994 | 853 | 2011 | 5/16/2011 | 2 - 46 | ||
LH | Council Bluffs, IA | 869 | 1,827 | 236 | — | 31 | 7 | 869 | 1,858 | 243 | 2,970 | 754 | 2011 | 5/31/2011 | 2 - 46 | ||
LH | San Antonio, TX | — | 278 | 383 | — | 35 | (302) | — | 313 | 81 | 394 | 330 | 2011 | 6/20/2011 | 2 - 40 | ||
LH | Tupelo, MS | 771 | 1,717 | 236 | — | 13 | 1 | 771 | 1,730 | 237 | 2,738 | 652 | 2011 | 8/29/2011 | 2 - 46 | ||
LH | Champaign, IL | 1,499 | 1,725 | 267 | — | 4 | 3 | 1,499 | 1,729 | 270 | 3,498 | 691 | 2011 | 10/10/2011 | 2 - 46 | ||
LH | Rapid City, SD | 965 | 1,869 | 252 | — | 2 | 3 | 965 | 1,871 | 255 | 3,091 | 767 | 2011 | 10/10/2011 | 2 - 46 | ||
LH | West Melbourne, FL | 1,144 | 1,858 | 266 | — | 4 | 3 | 1,144 | 1,862 | 269 | 3,275 | 732 | 2011 | 11/21/2011 | 2 - 46 | ||
LH | Flowood, MS | 1,088 | 1,803 | 327 | 34 | — | 2 | 1,122 | 1,803 | 329 | 3,254 | 770 | 2012 | 2/6/2012 | 2 - 47 | ||
LH | McAllen, TX | 1,339 | 1,775 | 319 | — | 3 | 12 | 1,339 | 1,778 | 331 | 3,448 | 734 | 2012 | 2/27/2012 | 2 - 47 | ||
LH | Deptford, NJ | 1,799 | 1,694 | 287 | — | 3 | (2) | 1,799 | 1,697 | 285 | 3,781 | 660 | 2012 | 3/26/2012 | 2 - 47 | ||
LH | Athens, GA | 970 | 1,744 | 289 | — | 35 | 13 | 970 | 1,779 | 302 | 3,051 | 636 | 2012 | 10/29/2012 | 2 - 47 | ||
LH | Morehead City, NC | 975 | 1,941 | 340 | — | 2 | 1 | 975 | 1,943 | 341 | 3,259 | 679 | 2013 | 1/14/2013 | 2 - 48 | ||
LH | Columbus, MS | 1,155 | 1,993 | 256 | — | 4 | 4 | 1,155 | 1,997 | 260 | 3,412 | 608 | 2013 | 2/18/2013 | 2 - 48 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
LH | Sandusky, OH | 1,081 | 2,027 | 263 | — | — | 2 | 1,081 | 2,027 | 265 | 3,373 | 621 | 2013 | 4/22/2013 | 2 - 48 | ||
LH | Coralville, IA | 953 | 2,135 | 288 | — | — | (3) | 953 | 2,135 | 285 | 3,373 | 664 | 2013 | 5/13/2013 | 2 - 48 | ||
LH | Cleveland, TN | 1,054 | 1,776 | 337 | — | — | 1 | 1,054 | 1,776 | 338 | 3,168 | 593 | 2013 | 5/13/2013 | 2 - 48 | ||
LH | Cincinnati, OH | 1,205 | 1,758 | 291 | — | — | 3 | 1,205 | 1,758 | 294 | 3,257 | 543 | 2013 | 8/26/2013 | 2 - 48 | ||
LH | Minot, ND | 887 | 2,230 | 314 | — | 15 | 17 | 887 | 2,245 | 331 | 3,463 | 640 | 2013 | 9/23/2013 | 2 - 48 | ||
LH | Bethlehem, GA | 936 | 1,684 | 286 | — | — | — | 936 | 1,684 | 286 | 2,906 | 472 | 2014 | 1/20/2014 | 2 - 49 | ||
LH | Wilkes Barre, PA | 859 | 2,227 | 278 | — | 6 | — | 859 | 2,233 | 278 | 3,370 | 584 | 2014 | 1/27/2014 | 2 - 49 | ||
LH | Columbia, SC | 1,407 | — | — | — | — | — | 1,407 | — | — | 1,407 | — | 1997 | 12/7/2017 | 0 0 | ||
LH | Gadsden, AL | 1,580 | — | — | — | — | — | 1,580 | — | — | 1,580 | — | 2018 | 4/19/2019 | — | ||
LH | Salisbury, MD | 1,514 | — | — | — | — | — | 1,514 | — | — | 1,514 | — | 2011 | 10/21/2019 | — | ||
LH | Watertown, NY | 1,437 | — | — | — | — | — | 1,437 | — | — | 1,437 | — | 2015 | 12/6/2019 | — | ||
LH/RT/ADB | Auburn, ME | 3,355 | — | — | — | — | — | 3,355 | — | — | 3,355 | — | 2005 | 10/31/2019 | — | ||
MCA | Andrews, TX | 283 | 1,772 | — | — | — | — | 283 | 1,772 | — | 2,055 | 117 | 2014 | 1/27/2017 | 14 - 54 | ||
MCA | San Angelo, TX | 248 | 1,913 | — | — | — | — | 248 | 1,913 | — | 2,161 | 119 | 2014 | 1/27/2017 | 14 - 54 | ||
MCA | Shavano Park, TX | 486 | 1,915 | — | — | — | — | 486 | 1,915 | — | 2,401 | 142 | 2014 | 2/16/2017 | 14 - 54 | ||
MCA | New Braunfels, TX | 472 | 1,932 | — | — | — | — | 472 | 1,932 | — | 2,404 | 137 | 2017 | 3/16/2017 | 14 - 54 | ||
MCD | Altamonte Springs, FL | 1,489 | — | — | — | — | — | 1,489 | — | — | 1,489 | — | 1991 | 1/12/2018 | — | ||
MCD | Kokoma, IN | 1,671 | — | — | — | — | — | 1,671 | — | — | 1,671 | — | 2016 | 6/29/2018 | — | ||
MCD | Grand Junction, CO | 1,163 | — | — | — | — | — | 1,163 | — | — | 1,163 | — | 1985 | 1/18/2019 | — | ||
MVS | Camp Hill, PA | 1,148 | — | — | — | — | — | 1,148 | — | — | 1,148 | — | 2019 | 12/30/2019 | — | ||
OG | Greenwood, IN | 400 | 749 | 1 | — | 1,883 | 625 | 400 | 2,632 | 626 | 3,658 | 2,254 | 1985 | 7/15/1985 | 2 - 49 | ||
OG | Indianapolis, IN | 333 | 755 | 15 | — | 1,839 | 541 | 333 | 2,594 | 556 | 3,483 | 2,063 | 1985 | 7/15/1985 | 2 - 49 | ||
OG | Kissimmee, FL | 400 | 710 | 2 | — | 1,803 | 615 | 400 | 2,513 | 617 | 3,530 | 2,446 | 1985 | 8/5/1985 | 2 - 42 | ||
OG | Huntsville, AL | 317 | 719 | 1 | — | 1,092 | 338 | 317 | 1,811 | 339 | 2,467 | 1,724 | 1986 | 3/3/1986 | 2 - 36 | ||
OG | Las Vegas, NV | 597 | 557 | 12 | — | 1,108 | 316 | 597 | 1,665 | 328 | 2,590 | 1,726 | 1986 | 3/31/1986 | 2 - 42 | ||
OG | Ocala, FL | 470 | 416 | 11 | — | 2,112 | 383 | 470 | 2,528 | 394 | 3,392 | 2,071 | 1986 | 7/14/1986 | 2 - 48 | ||
OG | Granger, IN | 220 | 650 | 15 | — | 1,309 | 348 | 220 | 1,959 | 363 | 2,542 | 2,019 | 1986 | 9/8/1986 | 2 - 42 | ||
OG | Toledo, OH | 275 | 343 | 6 | — | 1,146 | 244 | 275 | 1,489 | 250 | 2,014 | 1,558 | 1986 | 9/15/1986 | 2 - 35 | ||
OG | Bradenton, FL | 207 | 837 | 4 | — | 1,779 | 602 | 207 | 2,616 | 606 | 3,429 | 2,230 | 1986 | 11/3/1986 | 2 - 48 | ||
OG | Clearwater, FL | 717 | 593 | 17 | — | 1,521 | 446 | 717 | 2,114 | 463 | 3,294 | 1,955 | 1986 | 12/2/1986 | 2 - 47 | ||
OG | North Richland Hills, TX | 468 | 1,187 | 19 | — | 1,414 | 342 | 468 | 2,601 | 361 | 3,430 | 2,434 | 1986 | 12/15/1986 | 2 - 42 | ||
OG | Austin, TX | 492 | 1,183 | 6 | — | 1,690 | 440 | 492 | 2,873 | 446 | 3,811 | 2,642 | 1987 | 1/12/1987 | 2 - 46 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Morrow, GA | 446 | 813 | 10 | — | 1,448 | 423 | 446 | 2,261 | 433 | 3,140 | 2,247 | 1987 | 3/23/1987 | 2 - 42 | ||
OG | Mobile, AL | 698 | 872 | 31 | — | 1,209 | 479 | 698 | 2,081 | 510 | 3,289 | 1,964 | 1987 | 5/18/1987 | 2 - 42 | ||
OG | Fort Worth, TX | 654 | 626 | 29 | — | 1,273 | 403 | 654 | 1,899 | 432 | 2,985 | 1,854 | 1987 | 5/25/1987 | 2 - 46 | ||
OG | Fort Myers, FL | 289 | 1,124 | 14 | — | 1,786 | 550 | 289 | 2,910 | 564 | 3,763 | 2,479 | 1987 | 5/25/1987 | 2 - 48 | ||
OG | Bakersfield, CA | 529 | 861 | 54 | — | 1,294 | 264 | 529 | 2,155 | 318 | 3,002 | 2,070 | 1987 | 5/25/1987 | 2 - 36 | ||
OG | Tulsa, OK | 702 | 637 | 23 | — | 1,137 | 291 | 702 | 1,774 | 314 | 2,790 | 1,699 | 1987 | 6/22/1987 | 2 - 42 | ||
OG | Mesquite, TX | 721 | 772 | 10 | 238 | 1,650 | 435 | 959 | 2,422 | 445 | 3,826 | 2,148 | 1987 | 7/20/1987 | 2 - 46 | ||
OG | Indianapolis, IN | 526 | 82 | 2 | — | 2,534 | 406 | 526 | 2,616 | 408 | 3,550 | 1,832 | 1987 | 7/20/1987 | 2 - 49 | ||
OG | Canton, OH | 275 | 834 | 8 | — | 829 | 426 | 275 | 1,663 | 434 | 2,372 | 1,742 | 1987 | 9/21/1987 | 2 - 40 | ||
OG | Duluth, GA | 675 | 906 | 18 | 351 | 1,247 | 313 | 1,026 | 2,153 | 331 | 3,510 | 2,065 | 1987 | 11/2/1987 | 2 - 42 | ||
OG | Reno, NV | — | 639 | 29 | 1,215 | 1,581 | 560 | 1,215 | 2,220 | 589 | 4,024 | 2,427 | 1988 | 1/18/1988 | 2 - 35 | ||
OG | Orlando, FL | — | 894 | 6 | 1,585 | 1,792 | 614 | 1,585 | 2,686 | 620 | 4,891 | 2,643 | 1988 | 2/1/1988 | 2 - 42 | ||
OG | Middleburg Heights, OH | 555 | 882 | 18 | — | 1,285 | 400 | 555 | 2,167 | 418 | 3,140 | 2,163 | 1988 | 3/7/1988 | 2 - 42 | ||
OG | Knoxville, TN | 375 | 1,397 | 33 | — | 700 | 220 | 375 | 2,097 | 253 | 2,725 | 2,030 | 1988 | 3/14/1988 | 2 - 40 | ||
OG | Fairfield, OH | 325 | 1,230 | 15 | — | 1,303 | 276 | 325 | 2,533 | 291 | 3,149 | 2,323 | 1988 | 3/21/1988 | 2 - 46 | ||
OG | Akron, OH | 577 | 1,048 | 6 | — | 879 | 281 | 577 | 1,927 | 287 | 2,791 | 1,802 | 1988 | 4/4/1988 | 2 - 40 | ||
OG | Fairview Heights, IL | 735 | 1,162 | 19 | — | 1,163 | 518 | 735 | 2,325 | 537 | 3,597 | 2,366 | 1988 | 5/9/1988 | 2 - 35 | ||
OG | Grand Rapids, MI | — | 959 | 14 | 749 | 753 | 288 | 749 | 1,712 | 302 | 2,763 | 1,757 | 1988 | 5/9/1988 | 2 - 35 | ||
OG | Toledo, OH | — | 891 | 38 | 652 | 726 | 201 | 652 | 1,617 | 239 | 2,508 | 1,668 | 1988 | 5/23/1988 | 2 - 35 | ||
OG | Chattanooga, TN | 604 | 760 | 19 | — | 937 | 405 | 604 | 1,697 | 424 | 2,725 | 1,740 | 1988 | 6/6/1988 | 2 - 35 | ||
OG | Lansing, IL | — | 814 | 18 | 912 | 1,200 | 379 | 912 | 2,014 | 397 | 3,323 | 1,929 | 1988 | 6/20/1988 | 2 - 42 | ||
OG | Bloomington, MN | 525 | 1,779 | 20 | — | 1,212 | 393 | 525 | 2,991 | 413 | 3,929 | 3,404 | 1988 | 6/28/1988 | 2 - 41 | ||
OG | Livonia, MI | — | 459 | 25 | 890 | 2,624 | 331 | 890 | 3,083 | 356 | 4,329 | 2,936 | 1988 | 8/1/1988 | 2 - 37 | ||
OG | Irving, TX | 710 | 647 | 33 | — | 1,603 | 309 | 710 | 2,250 | 342 | 3,302 | 1,971 | 1988 | 8/22/1988 | 2 - 46 | ||
OG | Montclair, CA | — | 873 | 44 | 1,231 | 736 | 238 | 1,231 | 1,609 | 282 | 3,122 | 1,696 | 1988 | 9/5/1988 | 2 - 40 | ||
OG | Flint, MI | 426 | 1,089 | 14 | — | 882 | 234 | 426 | 1,971 | 248 | 2,645 | 1,889 | 1988 | 9/5/1988 | 2 - 35 | ||
OG | Sarasota, FL | 1,136 | 725 | 24 | — | 1,427 | 570 | 1,136 | 2,152 | 594 | 3,882 | 2,040 | 1988 | 10/10/1988 | 2 - 48 | ||
OG | Sterling Heights, MI | 855 | 1,158 | 32 | — | 984 | 403 | 855 | 2,142 | 435 | 3,432 | 2,260 | 1988 | 10/17/1988 | 2 - 37 | ||
OG | Vernon Hills, IL | 750 | 1,252 | 17 | — | 1,289 | 474 | 750 | 2,541 | 491 | 3,782 | 2,372 | 1988 | 10/24/1988 | 2 - 47 | ||
OG | Columbus, OH | 740 | 909 | 38 | — | 1,057 | 232 | 740 | 1,966 | 270 | 2,976 | 1,808 | 1988 | 11/14/1988 | 2 - 40 | ||
OG | North Olmsted, OH | 931 | 1,060 | 63 | — | 925 | 343 | 931 | 1,985 | 406 | 3,322 | 1,910 | 1988 | 12/5/1988 | 2 - 40 | ||
OG | West Des Moines, IA | — | 377 | 24 | 1,130 | 2,047 | 338 | 1,130 | 2,424 | 362 | 3,916 | 2,173 | 1988 | 12/12/1988 | 2 - 36 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Oklahoma City, OK | 280 | 1,043 | 58 | — | 1,095 | 371 | 280 | 2,138 | 429 | 2,847 | 1,893 | 1989 | 1/16/1989 | 2 - 42 | ||
OG | San Antonio, TX | 400 | 783 | 17 | — | 1,458 | 449 | 400 | 2,241 | 466 | 3,107 | 2,126 | 1989 | 2/13/1989 | 2 - 41 | ||
OG | York, PA | 555 | 931 | 31 | — | 1,048 | 462 | 555 | 1,979 | 493 | 3,027 | 1,992 | 1989 | 3/6/1989 | 2 - 42 | ||
OG | Brandon, FL | 700 | 967 | 24 | — | 1,566 | 577 | 700 | 2,533 | 601 | 3,834 | 2,269 | 1989 | 3/27/1989 | 2 - 47 | ||
OG | Kennesaw, GA | 754 | 824 | 32 | — | 1,233 | 390 | 754 | 2,057 | 422 | 3,233 | 1,824 | 1989 | 5/1/1989 | 2 - 47 | ||
OG | Plantation, FL | 888 | 982 | 27 | — | 1,189 | 392 | 888 | 2,171 | 419 | 3,478 | 1,997 | 1989 | 5/8/1989 | 2 - 42 | ||
OG | San Antonio, TX | — | 720 | 1 | 677 | 1,330 | 395 | 677 | 2,050 | 396 | 3,123 | 1,906 | 1989 | 5/22/1989 | 2 - 41 | ||
OG | Saint Peters, MO | 697 | 930 | 134 | — | 1,034 | 292 | 697 | 1,964 | 426 | 3,087 | 1,896 | 1989 | 7/3/1989 | 2 - 35 | ||
OG | Corpus Christi, TX | — | 713 | 21 | 880 | 1,463 | 553 | 880 | 2,176 | 574 | 3,630 | 2,051 | 1989 | 7/3/1989 | 2 - 36 | ||
OG | Houston, TX | 616 | 746 | 40 | — | 1,228 | 492 | 616 | 1,974 | 532 | 3,122 | 1,914 | 1989 | 7/10/1989 | 2 - 39 | ||
OG | Saginaw, MI | 828 | 813 | 22 | — | 787 | 340 | 828 | 1,600 | 362 | 2,790 | 1,661 | 1989 | 7/31/1989 | 2 - 40 | ||
OG | Portage, MI | 325 | 1,290 | 32 | — | 892 | 266 | 325 | 2,182 | 298 | 2,805 | 2,072 | 1989 | 7/31/1989 | 2 - 35 | ||
OG | Beaumont, TX | 608 | 721 | 33 | — | 1,163 | 375 | 608 | 1,884 | 408 | 2,900 | 1,814 | 1989 | 8/14/1989 | 2 - 40 | ||
OG | Winter Haven, FL | — | 832 | 49 | 563 | 1,673 | 543 | 563 | 2,505 | 592 | 3,660 | 2,311 | 1989 | 8/14/1989 | 2 - 47 | ||
OG | West Dundee, IL | 828 | 1,167 | 32 | — | 964 | 325 | 828 | 2,131 | 357 | 3,316 | 2,035 | 1989 | 8/28/1989 | 2 - 40 | ||
OG | Champaign, IL | 521 | 1,158 | 26 | — | 1,009 | 343 | 521 | 2,167 | 369 | 3,057 | 2,094 | 1989 | 10/30/1989 | 2 - 35 | ||
OG | North Little Rock, AR | — | 437 | 94 | 766 | 1,623 | 293 | 766 | 2,060 | 387 | 3,213 | 1,956 | 1989 | 10/30/1989 | 2 - 42 | ||
OG | Fort Wayne, IN | 700 | 1,045 | 23 | — | 927 | 320 | 700 | 1,972 | 343 | 3,015 | 1,869 | 1989 | 12/11/1989 | 2 - 42 | ||
OG | Fargo, ND | 313 | 864 | 20 | — | 680 | 264 | 313 | 1,544 | 284 | 2,141 | 1,508 | 1989 | 12/11/1989 | 2 - 40 | ||
OG | Southgate, MI | 476 | 1,138 | 31 | — | 1,103 | 242 | 476 | 2,241 | 273 | 2,990 | 2,069 | 1990 | 1/22/1990 | 2 - 37 | ||
OG | Orlando, FL | 787 | 998 | 17 | — | 1,877 | 431 | 787 | 2,875 | 448 | 4,110 | 2,426 | 1990 | 1/29/1990 | 2 - 48 | ||
OG | Fayetteville, NC | 637 | 856 | 56 | — | 879 | 461 | 637 | 1,735 | 517 | 2,889 | 1,780 | 1990 | 2/26/1990 | 2 - 35 | ||
OG | Chesapeake, VA | 506 | 863 | 44 | — | 1,046 | 344 | 506 | 1,909 | 388 | 2,803 | 1,897 | 1990 | 3/5/1990 | 2 - 40 | ||
OG | Las Vegas, NV | 1,085 | 1,191 | 47 | — | 967 | 310 | 1,085 | 2,158 | 357 | 3,600 | 2,114 | 1990 | 3/26/1990 | 2 - 42 | ||
OG | Naples, FL | 992 | 677 | 40 | — | 1,201 | 526 | 992 | 1,878 | 566 | 3,436 | 1,877 | 1990 | 3/26/1990 | 2 - 40 | ||
OG | Maplewood, MN | 556 | 1,009 | 86 | — | 1,126 | 250 | 556 | 2,135 | 336 | 3,027 | 2,088 | 1990 | 4/16/1990 | 2 - 40 | ||
OG | Jacksonville, FL | — | 755 | 39 | 905 | 1,137 | 487 | 905 | 1,892 | 526 | 3,323 | 1,895 | 1990 | 4/30/1990 | 2 - 42 | ||
OG | Rochester, NY | 1,104 | 1,113 | 61 | — | 1,102 | 376 | 1,104 | 2,215 | 437 | 3,756 | 2,089 | 1990 | 5/14/1990 | 2 - 36 | ||
OG | Columbia, MO | 602 | 983 | 53 | — | 1,070 | 327 | 602 | 2,053 | 380 | 3,035 | 1,917 | 1990 | 6/4/1990 | 2 - 42 | ||
OG | Greenfield, WI | 956 | 802 | 29 | 114 | 1,174 | 295 | 1,070 | 1,976 | 324 | 3,370 | 1,850 | 1990 | 8/13/1990 | 2 - 42 | ||
OG | Lynnwood, WA | 875 | 1,132 | 66 | — | 855 | 316 | 875 | 1,987 | 382 | 3,244 | 1,886 | 1990 | 8/20/1990 | 2 - 35 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Victorville, CA | 603 | 985 | 31 | — | 888 | 271 | 603 | 1,873 | 302 | 2,778 | 1,689 | 1990 | 9/10/1990 | 2 - 42 | ||
OG | Richmond, VA | 467 | 1,363 | 93 | — | 966 | 399 | 467 | 2,329 | 492 | 3,288 | 2,264 | 1990 | 9/17/1990 | 2 - 42 | ||
OG | Wichita, KS | 779 | 802 | 80 | — | 1,022 | 274 | 779 | 1,824 | 354 | 2,957 | 1,763 | 1990 | 10/1/1990 | 2 - 42 | ||
OG | Antioch, TN | — | 811 | 61 | 892 | 628 | 241 | 892 | 1,439 | 302 | 2,633 | 1,471 | 1990 | 10/15/1990 | 2 - 40 | ||
OG | Topeka, KS | 701 | 812 | 18 | — | 1,658 | 381 | 701 | 2,470 | 399 | 3,570 | 2,162 | 1990 | 10/22/1990 | 2 - 47 | ||
OG | Orange City, FL | 551 | 727 | 16 | — | 1,163 | 479 | 551 | 1,890 | 495 | 2,936 | 1,687 | 1990 | 10/29/1990 | 2 - 48 | ||
OG | Terre Haute, IN | 560 | 1,128 | 34 | — | 872 | 355 | 560 | 2,000 | 389 | 2,949 | 1,917 | 1990 | 12/3/1990 | 2 - 35 | ||
OG | Columbia, SC | 613 | 782 | 35 | — | 1,055 | 230 | 613 | 1,837 | 265 | 2,715 | 1,678 | 1990 | 12/3/1990 | 2 - 42 | ||
OG | Littleton, CO | 750 | 859 | 79 | — | 1,324 | 359 | 750 | 2,183 | 438 | 3,371 | 2,076 | 1991 | 1/21/1991 | 2 - 40 | ||
OG | Colorado Springs, CO | — | 690 | 87 | 571 | 2,173 | 415 | 571 | 2,863 | 502 | 3,936 | 2,715 | 1991 | 1/21/1991 | 2 - 41 | ||
OG | Miami, FL | 1,059 | 879 | 89 | — | 1,413 | 549 | 1,059 | 2,292 | 638 | 3,989 | 2,244 | 1991 | 1/28/1991 | 2 - 42 | ||
OG | Parkersburg, WV | 454 | 1,096 | 60 | — | 723 | 323 | 454 | 1,819 | 383 | 2,656 | 1,787 | 1991 | 2/11/1991 | 2 - 42 | ||
OG | Clovis, CA | 489 | 796 | 62 | — | 787 | 300 | 489 | 1,583 | 362 | 2,434 | 1,623 | 1991 | 2/18/1991 | 2 - 42 | ||
OG | Dallas, TX | 750 | 776 | 36 | 70 | 1,001 | 305 | 820 | 1,777 | 341 | 2,938 | 1,657 | 1991 | 2/25/1991 | 2 - 41 | ||
OG | Roseville, MN | 754 | 1,106 | 90 | — | 784 | 178 | 754 | 1,890 | 268 | 2,912 | 1,742 | 1991 | 3/25/1991 | 2 - 40 | ||
OG | Eastpointe, MI | 897 | 1,367 | 75 | — | 598 | 244 | 897 | 1,965 | 319 | 3,181 | 1,903 | 1991 | 3/25/1991 | 2 - 40 | ||
OG | Aurora, CO | 803 | 1,169 | 14 | — | 1,368 | 343 | 803 | 2,537 | 357 | 3,697 | 2,234 | 1991 | 4/1/1991 | 2 - 41 | ||
OG | Talleyville, DE | 737 | 1,278 | 95 | — | 805 | 377 | 737 | 2,083 | 472 | 3,292 | 2,137 | 1991 | 4/22/1991 | 2 - 40 | ||
OG | Boise, ID | 627 | 839 | 76 | — | 858 | 386 | 627 | 1,697 | 462 | 2,786 | 1,702 | 1991 | 4/29/1991 | 2 - 42 | ||
OG | McAllen, TX | 803 | 857 | 76 | — | 1,160 | 476 | 803 | 2,017 | 552 | 3,372 | 1,870 | 1991 | 4/29/1991 | 2 - 42 | ||
OG | Houston, TX | 723 | 960 | 87 | — | 1,234 | 498 | 723 | 2,194 | 585 | 3,502 | 2,202 | 1991 | 5/20/1991 | 2 - 40 | ||
OG | Boardman, OH | 675 | 993 | 48 | — | 1,208 | 329 | 675 | 2,201 | 377 | 3,253 | 2,103 | 1991 | 8/5/1991 | 2 - 38 | ||
OG | Jacksonville, FL | 1,124 | 863 | 74 | — | 1,185 | 438 | 1,124 | 2,048 | 512 | 3,684 | 1,926 | 1991 | 8/12/1991 | 2 - 42 | ||
OG | West Melbourne, FL | 983 | 953 | 22 | — | 1,390 | 578 | 983 | 2,343 | 600 | 3,926 | 2,125 | 1991 | 8/19/1991 | 2 - 47 | ||
OG | Omaha, NE | 315 | 1,230 | 51 | — | 1,642 | 341 | 315 | 2,872 | 392 | 3,579 | 2,317 | 1991 | 10/28/1991 | 2 - 42 | ||
OG | Columbia, MD | 1,283 | 1,199 | 92 | — | 1,020 | 297 | 1,283 | 2,219 | 389 | 3,891 | 2,135 | 1991 | 11/4/1991 | 2 - 42 | ||
OG | Houston, TX | 627 | 947 | 68 | — | 1,084 | 435 | 627 | 2,031 | 503 | 3,161 | 1,992 | 1991 | 11/11/1991 | 2 - 40 | ||
OG | Provo, UT | 702 | 714 | 128 | — | 805 | 284 | 702 | 1,519 | 412 | 2,633 | 1,529 | 1991 | 11/11/1991 | 2 - 40 | ||
OG | Roanoke, VA | 607 | 714 | 33 | — | 783 | 350 | 607 | 1,497 | 383 | 2,487 | 1,450 | 1991 | 12/9/1991 | 2 - 42 | ||
OG | Pittsburgh, PA | 1,125 | 1,170 | 65 | — | 1,202 | 279 | 1,125 | 2,372 | 344 | 3,841 | 2,083 | 1991 | 12/9/1991 | 2 - 38 | ||
OG | Harrisburg, PA | 769 | 837 | 108 | — | 1,117 | 328 | 769 | 1,954 | 436 | 3,159 | 1,873 | 1991 | 12/9/1991 | 2 - 35 | ||
OG | Pineville, NC | 1,018 | 972 | 71 | — | 950 | 281 | 1,018 | 1,922 | 352 | 3,292 | 1,872 | 1992 | 1/27/1992 | 2 - 42 | ||
OG | Palm Desert, CA | 607 | 987 | 100 | — | 617 | 185 | 607 | 1,604 | 285 | 2,496 | 1,559 | 1992 | 1/27/1992 | 2 - 40 | ||
OG | Lafayette, LA | 555 | 751 | 69 | — | 997 | 304 | 555 | 1,748 | 373 | 2,676 | 1,688 | 1992 | 1/27/1992 | 2 - 42 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Woodbridge, VA | 1,228 | 1,071 | 56 | — | 1,163 | 444 | 1,228 | 2,234 | 500 | 3,962 | 2,130 | 1992 | 2/3/1992 | 2 - 41 | ||
OG | Elkhart, IN | 381 | 724 | 145 | — | 683 | 281 | 381 | 1,407 | 426 | 2,214 | 1,513 | 1992 | 2/3/1992 | 2 - 40 | ||
OG | San Bernardino, CA | 1,393 | 1,210 | 83 | — | 756 | 301 | 1,393 | 1,966 | 384 | 3,743 | 1,920 | 1992 | 3/9/1992 | 2 - 42 | ||
OG | Little Rock, AR | 335 | 895 | 105 | — | 749 | 265 | 335 | 1,644 | 370 | 2,349 | 1,636 | 1992 | 3/9/1992 | 2 - 40 | ||
OG | Cincinnati, OH | 842 | 953 | 107 | — | 986 | 344 | 842 | 1,939 | 451 | 3,232 | 1,947 | 1992 | 3/16/1992 | 2 - 38 | ||
OG | Myrtle Beach, SC | 520 | 872 | 51 | — | 845 | 386 | 520 | 1,717 | 437 | 2,674 | 1,676 | 1992 | 3/16/1992 | 2 - 42 | ||
OG | Highlands Ranch, CO | 813 | 980 | 49 | — | 1,177 | 380 | 813 | 2,157 | 429 | 3,399 | 1,938 | 1992 | 5/11/1992 | 2 - 41 | ||
OG | Novi, MI | 866 | 1,629 | 31 | — | 867 | 296 | 866 | 2,496 | 327 | 3,689 | 2,271 | 1992 | 5/25/1992 | 2 - 42 | ||
OG | Louisville, KY | 492 | 1,571 | 76 | — | 869 | 254 | 492 | 2,440 | 330 | 3,262 | 2,187 | 1992 | 6/15/1992 | 2 - 42 | ||
OG | Palmdale, CA | 679 | 1,080 | 109 | — | 1,093 | 315 | 679 | 2,173 | 424 | 3,276 | 1,966 | 1992 | 8/3/1992 | 2 - 39 | ||
OG | Clarksville, TN | 302 | 771 | 101 | — | 443 | 207 | 302 | 1,214 | 308 | 1,824 | 1,225 | 1992 | 8/3/1992 | 2 - 38 | ||
OG | Cincinnati, OH | 917 | 939 | 62 | — | 1,041 | 360 | 917 | 1,980 | 422 | 3,319 | 1,855 | 1992 | 8/17/1992 | 2 - 38 | ||
OG | Greensburg, PA | 579 | 1,272 | 143 | — | 1,026 | 352 | 579 | 2,298 | 495 | 3,372 | 1,944 | 1992 | 8/31/1992 | 2 - 40 | ||
OG | Sioux Falls, SD | 247 | 1,325 | 78 | — | 917 | 217 | 247 | 2,242 | 295 | 2,784 | 1,975 | 1992 | 9/7/1992 | 2 - 40 | ||
OG | Roswell, GA | 838 | 897 | 79 | — | 764 | 339 | 838 | 1,661 | 418 | 2,917 | 1,678 | 1992 | 9/14/1992 | 2 - 40 | ||
OG | Green Bay, WI | 453 | 789 | 97 | — | 675 | 260 | 453 | 1,464 | 357 | 2,274 | 1,515 | 1992 | 9/14/1992 | 2 - 40 | ||
OG | Harlingen, TX | 453 | 803 | 107 | — | 1,013 | 426 | 453 | 1,816 | 533 | 2,802 | 1,605 | 1992 | 10/19/1992 | 2 - 42 | ||
OG | Erie, PA | 1,078 | 1,412 | 91 | — | 1,129 | 408 | 1,078 | 2,541 | 499 | 4,118 | 2,342 | 1992 | 11/2/1992 | 2 - 42 | ||
OG | Chico, CA | 984 | 923 | 95 | — | 850 | 308 | 984 | 1,773 | 403 | 3,160 | 1,673 | 1992 | 11/9/1992 | 2 - 40 | ||
OG | Las Vegas, NV | 1,055 | 1,005 | 108 | — | 849 | 297 | 1,055 | 1,854 | 405 | 3,314 | 1,855 | 1992 | 12/14/1992 | 2 - 42 | ||
OG | Laurel, MD | 1,241 | 1,552 | 121 | — | 1,403 | 388 | 1,241 | 2,955 | 509 | 4,705 | 2,752 | 1993 | 1/25/1993 | 2 - 42 | ||
OG | Racine, WI | 608 | 1,247 | 140 | — | 914 | 198 | 608 | 2,161 | 338 | 3,107 | 1,982 | 1993 | 2/1/1993 | 2 - 40 | ||
OG | Fort Collins, CO | 809 | 1,105 | 97 | — | 1,011 | 350 | 809 | 2,116 | 447 | 3,372 | 2,083 | 1993 | 2/8/1993 | 2 - 41 | ||
OG | Longview, TX | 505 | 816 | 90 | — | 1,133 | 290 | 505 | 1,949 | 380 | 2,834 | 1,720 | 1993 | 2/22/1993 | 2 - 45 | ||
OG | Raleigh, NC | 855 | 877 | 76 | — | 855 | 318 | 855 | 1,732 | 394 | 2,981 | 1,743 | 1993 | 3/8/1993 | 2 - 42 | ||
OG | Yakima, WA | — | 1,296 | 124 | 409 | 568 | 294 | 409 | 1,864 | 418 | 2,691 | 1,966 | 1993 | 3/22/1993 | 2 - 40 | ||
OG | Lafayette, IN | 455 | 875 | 98 | — | 635 | 221 | 455 | 1,510 | 319 | 2,284 | 1,541 | 1993 | 3/22/1993 | 2 - 40 | ||
OG | Arlington, TX | 782 | 766 | 70 | — | 795 | 441 | 782 | 1,561 | 511 | 2,854 | 1,627 | 1993 | 3/29/1993 | 2 - 44 | ||
OG | Mesa, AZ | 551 | 888 | 97 | — | 803 | 274 | 551 | 1,691 | 371 | 2,613 | 1,605 | 1993 | 4/12/1993 | 2 - 40 | ||
OG | Dover, DE | 614 | 1,055 | 127 | — | 656 | 279 | 614 | 1,711 | 406 | 2,731 | 1,650 | 1993 | 4/19/1993 | 2 - 38 | ||
OG | Addison, TX | 1,221 | 1,746 | 79 | — | 1,032 | 374 | 1,221 | 2,778 | 453 | 4,452 | 2,582 | 1993 | 4/26/1993 | 2 - 41 | ||
OG | Appleton, WI | 424 | 956 | 117 | — | 646 | 216 | 424 | 1,602 | 333 | 2,359 | 1,543 | 1993 | 5/17/1993 | 2 - 40 | ||
OG | Duncanville, TX | 835 | 1,057 | 91 | — | 945 | 370 | 835 | 2,002 | 461 | 3,298 | 1,862 | 1993 | 6/28/1993 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Kenner, LA | 695 | 969 | 86 | — | 1,112 | 361 | 695 | 2,081 | 447 | 3,223 | 2,036 | 1993 | 7/5/1993 | 2 - 40 | ||
OG | Texas City, TX | 732 | 1,093 | 97 | — | 871 | 319 | 732 | 1,964 | 416 | 3,112 | 1,838 | 1993 | 7/19/1993 | 2 - 44 | ||
OG | Muncie, IN | 454 | 1,003 | 92 | — | 1,065 | 296 | 454 | 2,068 | 388 | 2,910 | 1,576 | 1993 | 8/23/1993 | 2 - 49 | ||
OG | Panama City, FL | 465 | 957 | 84 | — | 1,082 | 400 | 465 | 2,039 | 484 | 2,988 | 1,786 | 1993 | 10/11/1993 | 2 - 42 | ||
OG | Billings, MT | 479 | 1,107 | 89 | — | 775 | 301 | 479 | 1,882 | 390 | 2,751 | 1,763 | 1993 | 10/18/1993 | 2 - 42 | ||
OG | Whitehall, PA | 936 | 1,291 | 90 | — | 1,025 | 331 | 936 | 2,316 | 421 | 3,673 | 2,174 | 1993 | 11/8/1993 | 2 - 36 | ||
OG | Paducah, KY | 452 | 1,083 | 82 | — | 700 | 288 | 452 | 1,783 | 370 | 2,605 | 1,666 | 1993 | 11/8/1993 | 2 - 40 | ||
OG | Rochester, NY | 974 | 1,108 | 101 | — | 824 | 243 | 974 | 1,932 | 344 | 3,250 | 1,659 | 1993 | 11/15/1993 | 2 - 42 | ||
OG | Poughkeepsie, NY | 873 | 1,613 | 108 | — | 823 | 174 | 873 | 2,436 | 282 | 3,591 | 2,000 | 1993 | 11/29/1993 | 2 - 40 | ||
OG | Bangor, ME | 357 | 1,120 | 96 | — | 1,027 | 282 | 357 | 2,147 | 378 | 2,882 | 1,888 | 1993 | 12/13/1993 | 2 - 42 | ||
OG | Dearborn, MI | 542 | 1,219 | 59 | — | 713 | 242 | 542 | 1,932 | 301 | 2,775 | 1,746 | 1994 | 1/10/1994 | 2 - 40 | ||
OG | Newington, NH | 915 | 1,051 | 103 | — | 803 | 355 | 915 | 1,854 | 458 | 3,227 | 1,782 | 1994 | 1/17/1994 | 2 - 42 | ||
OG | Tyler, TX | 485 | 1,041 | 92 | — | 1,279 | 340 | 485 | 2,320 | 432 | 3,237 | 2,003 | 1994 | 1/17/1994 | 2 - 47 | ||
OG | Grand Rapids, MI | 804 | 866 | 87 | — | 637 | 257 | 804 | 1,503 | 344 | 2,651 | 1,493 | 1994 | 1/24/1994 | 2 - 40 | ||
OG | Peoria, IL | 668 | 1,204 | 81 | — | 914 | 323 | 668 | 2,118 | 404 | 3,190 | 1,888 | 1994 | 2/14/1994 | 2 - 42 | ||
OG | Concord, NH | 469 | 1,284 | 115 | — | 594 | 194 | 469 | 1,878 | 309 | 2,656 | 1,661 | 1994 | 2/14/1994 | 2 - 38 | ||
OG | Janesville, WI | 370 | 1,069 | 86 | — | 712 | 287 | 370 | 1,781 | 373 | 2,524 | 1,582 | 1994 | 3/7/1994 | 2 - 40 | ||
OG | Las Vegas, NV | 879 | 1,344 | 95 | — | 596 | 317 | 879 | 1,940 | 412 | 3,231 | 1,801 | 1994 | 3/7/1994 | 2 - 40 | ||
OG | Middletown, OH | 424 | 1,044 | 95 | — | 863 | 318 | 424 | 1,907 | 413 | 2,744 | 1,817 | 1994 | 3/7/1994 | 2 - 42 | ||
OG | Branson, MO | 1,056 | 1,893 | 69 | — | 785 | 295 | 1,056 | 2,678 | 364 | 4,098 | 2,303 | 1994 | 5/16/1994 | 2 - 40 | ||
OG | Coon Rapids, MN | 514 | 1,248 | 67 | — | 588 | 245 | 514 | 1,836 | 312 | 2,662 | 1,686 | 1994 | 9/26/1994 | 2 - 40 | ||
OG | Dallas, TX | 764 | 1,212 | 55 | — | 811 | 281 | 764 | 2,023 | 336 | 3,123 | 1,871 | 1994 | 10/10/1994 | 2 - 44 | ||
OG | Asheville, NC | 2,651 | 1,198 | 94 | — | 655 | 292 | 2,651 | 1,853 | 386 | 4,890 | 1,747 | 1994 | 10/31/1994 | 2 - 40 | ||
OG | Cedar Rapids, IA | 510 | 1,148 | 105 | — | 608 | 311 | 510 | 1,756 | 416 | 2,682 | 1,669 | 1994 | 12/5/1994 | 2 - 40 | ||
OG | Amherst, NY | 1,215 | 1,394 | 88 | — | 891 | 307 | 1,215 | 2,285 | 395 | 3,895 | 2,036 | 1994 | 12/12/1994 | 2 - 38 | ||
OG | Joplin, MO | 654 | 1,219 | 102 | — | 662 | 323 | 654 | 1,881 | 425 | 2,960 | 1,763 | 1995 | 1/9/1995 | 2 - 40 | ||
OG | Eau Claire, WI | 600 | 1,193 | 110 | — | 538 | 268 | 600 | 1,731 | 378 | 2,709 | 1,643 | 1995 | 1/23/1995 | 2 - 40 | ||
OG | Middletown, NY | 807 | 1,581 | 97 | — | 592 | 345 | 807 | 2,173 | 442 | 3,422 | 1,974 | 1995 | 1/30/1995 | 2 - 40 | ||
OG | Fairborn, OH | 804 | 1,290 | 82 | — | 681 | 221 | 804 | 1,971 | 303 | 3,078 | 1,760 | 1995 | 2/20/1995 | 2 - 40 | ||
OG | VooRDIees, NJ | 804 | 1,696 | 101 | — | 600 | 303 | 804 | 2,296 | 404 | 3,504 | 2,053 | 1995 | 2/20/1995 | 2 - 38 | ||
OG | Henderson, NV | 1,109 | 1,289 | 74 | — | 826 | 383 | 1,109 | 2,115 | 457 | 3,681 | 2,001 | 1995 | 2/20/1995 | 2 - 42 | ||
OG | Barboursville, WV | 1,139 | 1,062 | 84 | — | 731 | 203 | 1,139 | 1,793 | 287 | 3,219 | 1,552 | 1995 | 2/27/1995 | 2 - 40 | ||
OG | Norman, OK | 596 | 1,246 | 96 | — | 449 | 172 | 596 | 1,695 | 268 | 2,559 | 1,516 | 1995 | 3/7/1995 | 2 - 38 | ||
OG | Hampton, VA | 1,074 | 1,061 | 86 | — | 674 | 225 | 1,074 | 1,735 | 311 | 3,120 | 1,573 | 1995 | 3/13/1995 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Jackson, MI | 699 | 1,156 | 73 | — | 764 | 320 | 699 | 1,920 | 393 | 3,012 | 1,675 | 1995 | 3/20/1995 | 2 - 42 | ||
OG | Clay, NY | 782 | 1,705 | 98 | — | 866 | 356 | 782 | 2,571 | 454 | 3,807 | 2,135 | 1995 | 4/24/1995 | 2 - 42 | ||
OG | Onalaska, WI | 603 | 1,283 | 102 | — | 339 | 197 | 603 | 1,622 | 299 | 2,524 | 1,503 | 1995 | 4/24/1995 | 2 - 38 | ||
OG | Grapevine, TX | 752 | 1,026 | 99 | — | 793 | 404 | 752 | 1,819 | 503 | 3,074 | 1,827 | 1995 | 5/8/1995 | 2 - 40 | ||
OG | Tempe, AZ | 703 | 1,131 | 75 | — | 746 | 353 | 703 | 1,877 | 428 | 3,008 | 1,842 | 1995 | 5/15/1995 | 2 - 40 | ||
OG | Waldorf, MD | 779 | 1,152 | 81 | — | 1,258 | 357 | 779 | 2,410 | 438 | 3,627 | 2,196 | 1995 | 5/22/1995 | 2 - 42 | ||
OG | Heath, OH | 599 | 1,353 | 65 | — | 971 | 331 | 599 | 2,324 | 396 | 3,319 | 1,975 | 1995 | 5/22/1995 | 2 - 46 | ||
OG | Waterloo, IA | 466 | 891 | 79 | — | 873 | 331 | 466 | 1,764 | 410 | 2,640 | 1,560 | 1995 | 5/22/1995 | 2 - 42 | ||
OG | Peoria, AZ | 551 | 1,294 | 81 | — | 623 | 242 | 551 | 1,917 | 323 | 2,791 | 1,717 | 1995 | 5/22/1995 | 2 - 38 | ||
OG | Spring, TX | 780 | 1,329 | 80 | — | 1,289 | 327 | 780 | 2,618 | 407 | 3,805 | 2,206 | 1995 | 9/11/1995 | 2 - 40 | ||
OG | Midland, TX | 400 | 1,340 | 88 | — | 566 | 314 | 400 | 1,906 | 402 | 2,708 | 1,721 | 1995 | 10/16/1995 | 2 - 40 | ||
OG | Colonie, NY | 966 | 1,862 | 57 | — | 984 | 273 | 966 | 2,846 | 330 | 4,142 | 2,236 | 1995 | 11/27/1995 | 2 - 42 | ||
OG | Fort Smith, AR | 527 | 893 | 113 | — | 427 | 187 | 527 | 1,320 | 300 | 2,147 | 1,187 | 1996 | 2/19/1996 | 2 - 38 | ||
OG | Jackson, MS | 641 | 1,195 | 110 | — | 846 | 268 | 641 | 2,041 | 378 | 3,060 | 1,798 | 1996 | 3/25/1996 | 2 - 42 | ||
OG | Lancaster, OH | 372 | 846 | 115 | — | 603 | 284 | 372 | 1,449 | 399 | 2,220 | 1,355 | 1996 | 5/6/1996 | 2 - 40 | ||
OG | Lima, OH | 471 | 930 | 67 | — | 387 | 282 | 471 | 1,317 | 349 | 2,137 | 1,252 | 1996 | 5/20/1996 | 2 - 38 | ||
OG | Dubuque, IA | 518 | 1,103 | 76 | — | 391 | 221 | 518 | 1,494 | 297 | 2,309 | 1,160 | 1996 | 5/20/1996 | 2 - 38 | ||
OG | Zanesville, OH | 707 | 1,065 | 25 | — | 673 | 323 | 707 | 1,738 | 348 | 2,793 | 1,480 | 1996 | 8/5/1996 | 2 - 40 | ||
OG | Williamsburg, VA | 673 | 1,268 | 31 | — | 743 | 202 | 673 | 2,011 | 233 | 2,917 | 1,600 | 1996 | 8/19/1996 | 2 - 40 | ||
OG | Frederick, MD | 638 | 1,276 | 79 | — | 787 | 344 | 638 | 2,063 | 423 | 3,124 | 1,734 | 1996 | 10/21/1996 | 2 - 40 | ||
OG | Hyannis, MA | 664 | 2,097 | 90 | — | 665 | 175 | 664 | 2,762 | 265 | 3,691 | 2,241 | 1997 | 11/17/1997 | 2 - 35 | ||
OG | Westminster, MD | 595 | 1,741 | 124 | — | 452 | 204 | 595 | 2,193 | 328 | 3,116 | 1,704 | 1998 | 4/20/1998 | 2 - 38 | ||
OG | Wyomissing, PA | 963 | 1,926 | 109 | — | 498 | 206 | 963 | 2,424 | 315 | 3,702 | 1,941 | 1998 | 5/11/1998 | 2 - 38 | ||
OG | Eugene, OR | 761 | 1,486 | 91 | — | 356 | 200 | 761 | 1,842 | 291 | 2,894 | 1,582 | 1998 | 5/11/1998 | 2 - 38 | ||
OG | Savannah, GA | 952 | 1,781 | 189 | — | 660 | 147 | 952 | 2,441 | 336 | 3,729 | 1,847 | 2000 | 4/10/2000 | 2 - 35 | ||
OG | Douglasville, GA | 1,189 | 1,978 | 144 | — | 406 | 248 | 1,189 | 2,384 | 392 | 3,965 | 1,907 | 2000 | 5/1/2000 | 2 - 35 | ||
OG | Mentor, OH | — | 1,955 | 138 | 1,474 | 288 | 241 | 1,474 | 2,243 | 379 | 4,096 | 1,791 | 2000 | 5/22/2000 | 2 - 35 | ||
OG | Buford, GA | 1,493 | 1,688 | 179 | — | 542 | 203 | 1,493 | 2,230 | 382 | 4,105 | 1,741 | 2000 | 5/22/2000 | 2 - 35 | ||
OG | Maple Grove, MN | 807 | 1,924 | 176 | — | 227 | 124 | 807 | 2,151 | 300 | 3,258 | 1,630 | 2000 | 5/22/2000 | 2 - 35 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Coeur D’Alene, ID | 681 | 1,661 | 131 | — | 278 | 305 | 681 | 1,939 | 436 | 3,056 | 1,522 | 2001 | 1/29/2001 | 2 - 36 | ||
OG | Olathe, KS | 796 | 2,121 | 109 | — | 489 | 256 | 796 | 2,610 | 365 | 3,771 | 1,925 | 2001 | 3/12/2001 | 2 - 36 | ||
OG | Kennewick, WA | 763 | 1,980 | 149 | — | 259 | 158 | 763 | 2,239 | 307 | 3,309 | 1,672 | 2001 | 5/14/2001 | 2 - 36 | ||
OG | Frisco, TX | 1,029 | 2,038 | 139 | — | 279 | 218 | 1,029 | 2,317 | 357 | 3,703 | 1,820 | 2001 | 6/25/2001 | 2 - 36 | ||
OG | Bolingbrook, IL | 1,006 | 2,424 | 147 | — | 253 | 129 | 1,006 | 2,677 | 276 | 3,959 | 1,914 | 2001 | 7/23/2001 | 2 - 36 | ||
OG | Muskegon, MI | 691 | 1,704 | 168 | — | 108 | 41 | 691 | 1,812 | 209 | 2,712 | 1,310 | 2001 | 10/8/2001 | 2 - 36 | ||
OG | Memphis, TN | 1,142 | 1,790 | 100 | — | 246 | 171 | 1,142 | 2,036 | 271 | 3,449 | 1,466 | 2001 | 10/8/2001 | 2 - 36 | ||
OG | Round Rock, TX | 953 | 2,090 | 149 | — | 335 | 153 | 953 | 2,425 | 302 | 3,680 | 1,640 | 2002 | 3/25/2002 | 2 - 37 | ||
OG | Killeen, TX | 806 | 1,705 | 187 | — | 322 | 118 | 806 | 2,027 | 305 | 3,138 | 1,551 | 2002 | 8/5/2002 | 2 - 37 | ||
OG | Austin, TX | 1,239 | 2,295 | 154 | — | 168 | 96 | 1,239 | 2,463 | 250 | 3,952 | 1,702 | 2002 | 9/3/2002 | 2 - 37 | ||
OG | Omaha, NE | 1,202 | 1,778 | 120 | — | 217 | 147 | 1,202 | 1,995 | 267 | 3,464 | 1,418 | 2002 | 10/7/2002 | 2 - 37 | ||
OG | Bloomington, IN | 947 | 1,747 | 150 | — | 419 | 94 | 947 | 2,166 | 244 | 3,357 | 1,479 | 2002 | 11/18/2002 | 2 - 37 | ||
OG | Lithonia, GA | 1,403 | 1,872 | 174 | — | 306 | 122 | 1,403 | 2,178 | 296 | 3,877 | 1,496 | 2002 | 11/18/2002 | 2 - 37 | ||
OG | Fayetteville, AR | 849 | 1,845 | 160 | — | 138 | 79 | 849 | 1,983 | 239 | 3,071 | 1,388 | 2002 | 12/11/2002 | 2 - 37 | ||
OG | Rochester, MN | 829 | 1,889 | 192 | — | 146 | 140 | 829 | 2,035 | 332 | 3,196 | 1,466 | 2002 | 12/16/2002 | 2 - 37 | ||
OG | Los Angeles, CA | 1,701 | 2,558 | 202 | — | 170 | 70 | 1,701 | 2,728 | 272 | 4,701 | 1,794 | 2003 | 3/24/2003 | 2 - 38 | ||
OG | Dayton, OH | 677 | 1,675 | 172 | — | 210 | 72 | 677 | 1,885 | 244 | 2,806 | 1,288 | 2003 | 5/1/2003 | 2 - 38 | ||
OG | Newport News, VA | 796 | 1,989 | 172 | — | 88 | 63 | 796 | 2,077 | 235 | 3,108 | 1,413 | 2003 | 5/5/2003 | 2 - 38 | ||
OG | Albuquerque, NM | 771 | 1,716 | 179 | — | 131 | 104 | 771 | 1,847 | 283 | 2,901 | 1,280 | 2003 | 5/19/2003 | 2 - 38 | ||
OG | Denton, TX | 869 | 1,946 | 177 | — | 182 | 94 | 869 | 2,128 | 271 | 3,268 | 1,512 | 2003 | 6/9/2003 | 2 - 38 | ||
OG | Duluth, MN | 886 | 2,043 | 173 | — | 123 | 58 | 886 | 2,166 | 231 | 3,283 | 1,429 | 2003 | 11/10/2003 | 2 - 38 | ||
OG | Fort Gratiot, MI | 604 | 2,246 | 186 | — | 132 | 57 | 604 | 2,378 | 243 | 3,225 | 1,535 | 2003 | 11/17/2003 | 2 - 38 | ||
OG | Lynchburg, VA | 771 | 2,304 | 125 | — | 103 | 54 | 771 | 2,407 | 179 | 3,357 | 1,466 | 2004 | 2/16/2004 | 2 - 39 | ||
OG | Visalia, CA | 1,151 | 1,830 | 151 | — | 133 | 46 | 1,151 | 1,963 | 197 | 3,311 | 1,221 | 2004 | 3/15/2004 | 2 - 39 | ||
OG | Anderson, SC | 903 | 1,841 | 133 | 226 | 181 | 111 | 1,129 | 2,022 | 244 | 3,395 | 1,368 | 2004 | 3/29/2004 | 2 - 39 | ||
OG | Lake Charles, LA | 806 | 2,070 | 161 | — | 174 | 87 | 806 | 2,244 | 248 | 3,298 | 1,495 | 2004 | 4/5/2004 | 2 - 39 | ||
OG | Tucson, AZ | 1,019 | 2,073 | 104 | — | 121 | 135 | 1,019 | 2,194 | 239 | 3,452 | 1,371 | 2004 | 9/20/2004 | 2 - 39 | ||
OG | College Station, TX | 581 | 2,236 | 173 | — | 42 | 44 | 581 | 2,278 | 217 | 3,076 | 1,454 | 2005 | 1/24/2005 | 2 - 40 | ||
OG | Tupelo, MS | 823 | 2,102 | 193 | — | 127 | 82 | 823 | 2,229 | 275 | 3,327 | 1,445 | 2005 | 1/31/2005 | 2 - 40 | ||
OG | Jackson, TN | 874 | 1,964 | 151 | — | 175 | 36 | 874 | 2,139 | 187 | 3,200 | 1,310 | 2005 | 2/7/2005 | 2 - 40 | ||
OG | Houma, LA | 736 | 2,190 | 150 | — | 185 | 148 | 736 | 2,375 | 298 | 3,409 | 1,516 | 2005 | 2/14/2005 | 2 - 40 | ||
OG | Oklahoma City, OK | 925 | 2,053 | 158 | — | 128 | 43 | 925 | 2,181 | 201 | 3,307 | 1,369 | 2005 | 3/14/2005 | 2 - 40 | ||
OG | Columbia, SC | 1,119 | 2,175 | 161 | — | 110 | 85 | 1,119 | 2,285 | 246 | 3,650 | 1,411 | 2005 | 4/5/2005 | 2 - 40 | ||
OG | Newnan, GA | 829 | 2,239 | 157 | — | 152 | 55 | 829 | 2,391 | 212 | 3,432 | 1,429 | 2005 | 5/23/2005 | 2 - 40 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Owensboro, KY | 762 | 2,134 | 173 | — | 70 | 57 | 762 | 2,204 | 230 | 3,196 | 1,435 | 2005 | 5/23/2005 | 2 - 40 | ||
OG | San Antonio, TX | 932 | 2,582 | 191 | — | 190 | 103 | 932 | 2,772 | 294 | 3,998 | 1,655 | 2005 | 6/27/2005 | 2 - 40 | ||
OG | Mesa, AZ | 598 | 1,844 | 132 | — | 110 | 129 | 598 | 1,954 | 261 | 2,813 | 1,229 | 2005 | 10/3/2005 | 2 - 40 | ||
OG | Garland, TX | 903 | 2,271 | 156 | — | 115 | 94 | 903 | 2,386 | 250 | 3,539 | 1,486 | 2005 | 10/31/2005 | 2 - 40 | ||
OG | Southaven, MS | 1,048 | 2,209 | 158 | — | 117 | 50 | 1,048 | 2,326 | 208 | 3,582 | 1,347 | 2005 | 11/21/2005 | 2 - 40 | ||
OG | Yuma, AZ | 842 | 2,037 | 160 | — | 62 | 87 | 842 | 2,099 | 247 | 3,188 | 1,245 | 2005 | 12/5/2005 | 2 - 40 | ||
OG | Oakdale, MN | 956 | 2,355 | 185 | — | 30 | 35 | 956 | 2,385 | 220 | 3,561 | 1,408 | 2005 | 12/5/2005 | 2 - 40 | ||
OG | Tarentum, PA | 1,119 | 2,482 | 148 | — | 179 | 47 | 1,119 | 2,661 | 195 | 3,975 | 1,455 | 2006 | 2/20/2006 | 2 - 41 | ||
OG | Texarkana, TX | 871 | 2,279 | 151 | — | 90 | 87 | 871 | 2,369 | 238 | 3,478 | 1,414 | 2006 | 3/27/2006 | 2 - 41 | ||
OG | Florence, SC | — | 1,817 | 169 | 1,503 | 119 | 84 | 1,503 | 1,936 | 253 | 3,692 | 1,191 | 2006 | 8/21/2006 | 2 - 41 | ||
OG | Dothan, AL | 850 | 2,242 | 131 | — | 62 | 92 | 850 | 2,304 | 223 | 3,377 | 1,301 | 2006 | 8/28/2006 | 2 - 41 | ||
OG | San Angelo, TX | 360 | 2,020 | 157 | — | 74 | 104 | 360 | 2,094 | 261 | 2,715 | 1,277 | 2006 | 9/11/2006 | 2 - 41 | ||
OG | New Braunfels, TX | 1,049 | 2,162 | 147 | — | 32 | 83 | 1,049 | 2,194 | 230 | 3,473 | 1,244 | 2006 | 9/25/2006 | 2 - 41 | ||
OG | Grove City, OH | 1,200 | 2,271 | 140 | — | 63 | 55 | 1,200 | 2,334 | 195 | 3,729 | 1,299 | 2006 | 9/25/2006 | 2 - 41 | ||
OG | Hot Springs, AR | 797 | 2,415 | 186 | — | 84 | 73 | 797 | 2,499 | 259 | 3,555 | 1,361 | 2006 | 10/23/2006 | 2 - 41 | ||
OG | West Wichita, KS | 1,227 | 1,801 | 154 | — | 84 | 86 | 1,227 | 1,885 | 240 | 3,352 | 1,056 | 2006 | 11/6/2006 | 2 - 41 | ||
OG | Opelika, AL | 878 | 2,255 | 154 | — | 54 | 43 | 878 | 2,309 | 197 | 3,384 | 1,273 | 2006 | 11/13/2006 | 2 - 41 | ||
OG | Sioux City, IA | 1,304 | 2,114 | 137 | — | 89 | 99 | 1,304 | 2,203 | 236 | 3,743 | 1,247 | 2006 | 12/11/2006 | 2 - 41 | ||
OG | Victoria, TX | 782 | 2,327 | 240 | — | 39 | 30 | 782 | 2,366 | 270 | 3,418 | 1,388 | 2007 | 1/15/2007 | 2 - 42 | ||
OG | Pueblo, CO | 770 | 2,330 | 212 | — | 51 | 76 | 770 | 2,381 | 288 | 3,439 | 1,385 | 2007 | 2/5/2007 | 2 - 42 | ||
OG | Phoenix, AZ | 753 | 2,153 | 246 | — | 97 | 72 | 753 | 2,250 | 318 | 3,321 | 1,336 | 2007 | 4/23/2007 | 2 - 42 | ||
OG | Detroit, MI | 1,400 | 2,956 | 234 | — | 81 | 87 | 1,400 | 3,037 | 321 | 4,758 | 1,555 | 2007 | 5/21/2007 | 2 - 42 | ||
OG | Mount Juliet, TN | 873 | 2,294 | 212 | — | 76 | 47 | 873 | 2,370 | 259 | 3,502 | 1,312 | 2007 | 10/22/2007 | 2 - 42 | ||
OG | Jacksonville, NC | 1,174 | 2,287 | 239 | — | 32 | 81 | 1,174 | 2,319 | 320 | 3,813 | 1,338 | 2007 | 11/19/2007 | 2 - 42 | ||
OG | Columbus, OH | 995 | 2,286 | 184 | — | 61 | 27 | 995 | 2,347 | 211 | 3,553 | 1,216 | 2007 | 12/17/2007 | 2 - 42 | ||
OG | Triadelphia, WV | 970 | 2,342 | 225 | — | 58 | 76 | 970 | 2,400 | 301 | 3,671 | 1,347 | 2007 | 12/17/2007 | 2 - 42 | ||
OG | Reynoldsburg, OH | 1,208 | 2,183 | 242 | — | 48 | 37 | 1,208 | 2,231 | 279 | 3,718 | 1,218 | 2008 | 4/21/2008 | 2 - 43 | ||
OG | Cincinnati, OH | 1,072 | 2,170 | 236 | — | 57 | 43 | 1,072 | 2,227 | 279 | 3,578 | 1,243 | 2008 | 4/28/2008 | 2 - 43 | ||
OG | Florence, KY | 1,007 | 2,099 | 155 | — | 52 | 88 | 1,007 | 2,151 | 243 | 3,401 | 1,191 | 2008 | 8/4/2008 | 2 - 43 | ||
OG | Bismarck, ND | 1,156 | 2,319 | 263 | — | 31 | 38 | 1,156 | 2,350 | 301 | 3,807 | 1,257 | 2008 | 11/24/2008 | 2 - 43 | ||
OG | Spring Hill, TN | 1,295 | 2,269 | 228 | — | 29 | 45 | 1,295 | 2,298 | 273 | 3,866 | 1,143 | 2009 | 2/16/2009 | 2 - 44 | ||
OG | San Antonio, TX | 1,359 | 2,492 | 230 | — | 23 | 33 | 1,359 | 2,515 | 263 | 4,137 | 1,189 | 2009 | 3/30/2009 | 2 - 44 | ||
OG | Broken Arrow, OK | 1,461 | 2,261 | 231 | — | 73 | 57 | 1,461 | 2,334 | 288 | 4,083 | 1,138 | 2009 | 5/25/2009 | 2 - 44 | ||
OG | Michigan City, IN | 762 | 2,646 | 238 | — | 17 | 39 | 762 | 2,663 | 277 | 3,702 | 1,261 | 2009 | 7/13/2009 | 2 - 44 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OG | Bossier City, LA | 1,006 | 2,405 | 264 | — | 51 | 32 | 1,006 | 2,456 | 296 | 3,758 | 1,167 | 2009 | 7/27/2009 | 2 - 44 | ||
OG | Richmond, KY | 1,054 | 1,974 | 236 | — | 14 | 32 | 1,054 | 1,988 | 268 | 3,310 | 990 | 2009 | 9/14/2009 | 2 - 44 | ||
OG | Jacksonville, FL | 1,006 | 2,001 | 263 | — | 21 | 30 | 1,006 | 2,022 | 293 | 3,321 | 1,010 | 2009 | 10/5/2009 | 2 - 44 | ||
OG | Manhattan, KS | 791 | 2,253 | 237 | — | 33 | 69 | 791 | 2,286 | 306 | 3,383 | 1,082 | 2010 | 4/26/2010 | 2 - 45 | ||
OG | Kingsport, TN | 1,071 | 1,840 | 282 | — | 11 | 22 | 1,071 | 1,851 | 304 | 3,226 | 872 | 2010 | 5/3/2010 | 2 - 45 | ||
OG | Las Cruces, NM | 839 | 2,201 | 297 | — | 15 | 34 | 839 | 2,216 | 331 | 3,386 | 1,040 | 2010 | 5/10/2010 | 2 - 45 | ||
OG | Morehead City, NC | 853 | 1,864 | 315 | — | 62 | 23 | 853 | 1,926 | 338 | 3,117 | 950 | 2010 | 7/19/2010 | 2 - 45 | ||
OG | Pleasant Prairie, WI | 1,101 | 2,134 | 303 | — | 36 | — | 1,101 | 2,170 | 303 | 3,574 | 977 | 2010 | 9/27/2010 | 2 - 45 | ||
OG | Wilson, NC | 528 | 1,948 | 268 | — | 24 | 29 | 528 | 1,972 | 297 | 2,797 | 929 | 2010 | 10/11/2010 | 2 - 45 | ||
OG | Council Bluffs, IA | 955 | 2,051 | 254 | — | 4 | 32 | 955 | 2,055 | 286 | 3,296 | 923 | 2010 | 10/25/2010 | 2 - 45 | ||
OG | Louisville, KY | — | 2,072 | 266 | 904 | 12 | 38 | 904 | 2,084 | 304 | 3,292 | 985 | 2010 | 11/1/2010 | 2 - 45 | ||
OG | Ankeny, IA | 704 | 2,218 | 248 | — | 9 | 17 | 704 | 2,227 | 265 | 3,196 | 934 | 2011 | 1/10/2011 | 2 - 46 | ||
OG | Queen Creek, AZ | 875 | 2,377 | 307 | — | 30 | (1) | 875 | 2,407 | 306 | 3,588 | 938 | 2011 | 1/10/2011 | 2 - 46 | ||
OG | Gainesville, GA | 985 | 1,915 | 274 | — | — | 5 | 985 | 1,915 | 279 | 3,179 | 802 | 2011 | 6/20/2011 | 2 - 46 | ||
OG | Niagara Falls, NY | 1,057 | 2,187 | 327 | — | 38 | 15 | 1,057 | 2,225 | 342 | 3,624 | 927 | 2011 | 9/19/2011 | 2 - 46 | ||
OG | Cleveland, TN | 962 | 1,941 | 324 | — | 14 | 6 | 962 | 1,955 | 330 | 3,247 | 839 | 2011 | 11/28/2011 | 2 - 46 | ||
OG | Chicago, IL | 942 | 2,626 | 337 | — | (484) | — | 942 | 2,142 | 337 | 3,421 | 933 | 2012 | 3/26/2012 | 2 - 47 | ||
OG | Katy, TX | 1,602 | 2,170 | 285 | — | — | 5 | 1,602 | 2,170 | 290 | 4,062 | 825 | 2012 | 4/9/2012 | 2 - 47 | ||
OG | Beckley, WV | 1,013 | 2,105 | 314 | — | 25 | 1 | 1,013 | 2,130 | 315 | 3,458 | 754 | 2012 | 10/1/2012 | 2 - 47 | ||
OG | Columbus, OH | 954 | 2,236 | 324 | — | 4 | — | 954 | 2,240 | 324 | 3,518 | 714 | 2013 | 3/18/2013 | 2 - 48 | ||
OG | Oklahoma City, OK | 1,204 | 2,370 | 403 | — | (221) | — | 1,204 | 2,149 | 403 | 3,756 | 761 | 2013 | 4/29/2013 | 2 - 48 | ||
OG | Utica, NY | 908 | 2,728 | 362 | — | (470) | — | 908 | 2,258 | 362 | 3,528 | 745 | 2013 | 8/12/2013 | 2 - 48 | ||
OG | Bloomingdale, IL | 1,601 | — | — | — | — | — | 1,601 | — | — | 1,601 | — | 1986 | 1/12/2018 | — | ||
OG | El Paso, TX | 1,833 | — | — | — | — | — | 1,833 | — | — | 1,833 | — | 1990 | 6/29/2018 | — | ||
OG | Manchester, CT | 1,669 | — | — | — | — | — | 1,669 | — | — | 1,669 | — | 1993 | 7/27/2018 | — | ||
OG | Tracy, CA | 1,313 | — | — | — | — | — | 1,313 | — | — | 1,313 | — | 2003 | 11/20/2018 | — | ||
OG | Grand Junction, CO | 1,480 | — | — | — | — | — | 1,480 | — | — | 1,480 | — | 2002 | 1/18/2019 | — | ||
OG | Logan, UT | 1,505 | — | — | — | — | — | 1,505 | — | — | 1,505 | — | 2003 | 5/1/2019 | — | ||
OG | Watertown, NY | 1,722 | — | — | — | — | — | 1,722 | — | — | 1,722 | — | 2010 | 12/6/2019 | — | ||
OG | Coralville, IA | 1,811 | — | — | — | — | — | 1,811 | — | — | 1,811 | — | 2001 | 12/26/2019 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
OS | Grand Junction, CO | 947 | — | — | — | — | — | 947 | — | — | 947 | — | 1999 | 1/18/2019 | — | ||
OS | Sante Fe, NM | 1,074 | 2,914 | — | — | — | — | 1,074 | 2,914 | — | 3,988 | 53 | 2018 | 1/23/2019 | 14 - 54 | ||
OS | Mentor, OH | 1,576 | — | — | — | — | — | 1,576 | — | — | 1,576 | — | 2018 | 9/27/2019 | — | ||
OS | Camp Hill, PA | 1,288 | — | — | — | — | — | 1,288 | — | — | 1,288 | — | 2020 | 12/30/2019 | — | ||
OSG/SS/JJ | San Antonio, TX | 6,941 | 4,049 | — | — | — | — | 6,941 | 4,049 | — | 10,990 | — | 1970 | 12/24/2019 | 14 - 54 | ||
PB | Beavercreek, OH | 851 | — | — | — | — | — | 851 | — | — | 851 | — | 2000 | 6/29/2018 | — | ||
PB | Carpentersville, IL | 326 | 514 | — | — | — | — | 326 | 514 | — | 840 | 28 | 1992 | 11/20/2018 | 5 - 30 | ||
PB | Carbondale, IL | 534 | 1,633 | — | — | — | — | 534 | 1,633 | — | 2,167 | 31 | 2004 | 5/31/2019 | 10 - 40 | ||
PE | Cedar Rapids, IA | 1,252 | — | — | — | — | — | 1,252 | — | — | 1,252 | — | 2016 | 1/12/2018 | — | ||
PH | Joliet, IL | 173 | 890 | — | — | — | — | 173 | 890 | — | 1,063 | 75 | 1970 | 7/18/2016 | 5 - 45 | ||
PH | Morris, IL | 248 | 533 | — | — | — | — | 248 | 533 | — | 781 | 72 | 1972 | 7/18/2016 | 5 - 40 | ||
PH | Yorkville, IL | 200 | 581 | — | — | — | — | 200 | 581 | — | 781 | 72 | 1976 | 7/18/2016 | 5 - 40 | ||
PH | Lowell, IN | 258 | 611 | — | — | — | — | 258 | 611 | — | 869 | 80 | 1978 | 7/18/2016 | 5 - 40 | ||
PH | Schereville, IN | 243 | 942 | — | — | — | — | 243 | 942 | — | 1,185 | 100 | 1975 | 7/18/2016 | 5 - 40 | ||
PH | Portage, IN | 330 | 1,016 | — | — | — | — | 330 | 1,016 | — | 1,346 | 117 | 2002 | 7/18/2016 | 5 - 40 | ||
PLK | Kingsport, TN | 496 | 1,221 | — | — | — | — | 496 | 1,221 | — | 1,717 | 51 | 2013 | 4/30/2018 | 11 - 51 | ||
PLK | Morristown, TN | 552 | 1,167 | — | — | — | — | 552 | 1,167 | — | 1,719 | 53 | 2014 | 6/15/2018 | 11 - 51 | ||
PLK/USC/GC | Moline, IL | 1,298 | 1,396 | — | — | — | — | 1,298 | 1,396 | — | 2,694 | 3 | 2017 | 12/10/2019 | 14 - 54 | ||
PNCB | Beavercreek, OH | 1,537 | — | — | — | — | — | 1,537 | — | — | 1,537 | — | 1994 | 10/18/2019 | — | ||
PNCB | Muskegon, MI | 1,373 | — | — | — | — | — | 1,373 | — | — | 1,373 | — | 1970 | 12/5/2019 | — | ||
PTO | Ft. Wayne, IN | 3,829 | — | — | — | — | — | 3,829 | — | — | 3,829 | — | 2019 | 12/24/2019 | — | ||
RDI | Greenwood, IN | 653 | — | — | — | — | — | 653 | — | — | 653 | — | 1989 | 10/31/2018 | — | ||
RL | Canton, GA | 761 | 2,323 | — | — | — | — | 761 | 2,323 | — | 3,084 | 130 | 1999 | 11/2/2017 | 10 - 50 | ||
RL | Grandville, MI | 1,119 | 2,462 | — | — | — | — | 1,119 | 2,462 | — | 3,581 | 154 | 2001 | 11/2/2017 | 10 - 50 | ||
RL | Cincinnati, OH | 1,394 | 2,348 | — | — | — | — | 1,394 | 2,348 | — | 3,742 | 151 | 1975 | 11/2/2017 | 10 - 45 | ||
RL | Toledo, OH | 1,355 | 2,514 | — | — | — | — | 1,355 | 2,514 | — | 3,869 | 159 | 1974 | 11/2/2017 | 10 - 45 | ||
RL | Erie, PA | 978 | 2,948 | — | — | — | — | 978 | 2,948 | — | 3,926 | 180 | 1987 | 11/2/2017 | 10 - 45 | ||
RL | Cedar Rapids, IA | 654 | — | — | — | — | — | 654 | — | — | 654 | — | 1997 | 1/12/2018 | — | ||
RL | Uniontown, PA | 1,682 | — | — | — | — | — | 1,682 | — | — | 1,682 | — | 1992 | 5/29/2018 | — | ||
RL | Louisville, KY | 1,188 | 2,087 | — | — | — | — | 1,188 | 2,087 | — | 3,275 | 67 | 1991 | 12/17/2018 | 5 - 40 | ||
RL | Grand Forks, ND | 1,357 | 2,435 | — | — | — | — | 1,357 | 2,435 | — | 3,792 | 74 | 1992 | 12/17/2018 | 10 - 45 | ||
RL | Talleyville, DE | 1,222 | 3,402 | — | — | — | — | 1,222 | 3,402 | — | 4,624 | 94 | 1991 | 12/17/2018 | 10 - 45 | ||
RL | Southaven, MS | 1,967 | 2,521 | — | — | — | — | 1,967 | 2,521 | — | 4,488 | 75 | 2005 | 12/17/2018 | 10 - 50 |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
RL | St. Cloud, MN | 1,490 | 3,665 | — | — | — | — | 1,490 | 3,665 | — | 5,155 | 95 | 1990 | 12/17/2018 | 10 - 45 | ||
RL | Columbus, IN | 1,220 | 1,575 | — | — | — | — | 1,220 | 1,575 | — | 2,795 | 55 | 1991 | 12/17/2018 | 5 -40 | ||
RL | Grand Junction, CO | 751 | — | — | — | — | — | 751 | — | — | 751 | — | 1993 | 1/18/2019 | — | ||
RL | Louisville, KY | 764 | 1,420 | — | — | — | — | 764 | 1,420 | — | 2,184 | 37 | 1991 | 6/6/2019 | 10 - 30 | ||
RL | Grand Forks, ND | 1,970 | 2,203 | — | — | — | — | 1,970 | 2,203 | — | 4,174 | 57 | 1992 | 6/6/2019 | 10 - 30 | ||
RL | Talleyville, DE | 1,337 | 1,418 | — | — | — | — | 1,337 | 1,418 | — | 2,755 | 41 | 1991 | 6/6/2019 | 10 - 30 | ||
RL | Southaven, MS | 936 | 2,119 | — | — | — | — | 936 | 2,119 | — | 3,055 | 34 | 2005 | 6/6/2019 | 5 - 40 | ||
RL | St. Cloud, MN | 1,813 | 2,675 | — | — | — | — | 1,813 | 2,675 | — | 4,488 | 48 | 1990 | 6/6/2019 | 5 - 45 | ||
RL | Sioux City, IA | 806 | — | — | — | — | — | 806 | — | — | 806 | — | 1990 | 6/28/2019 | — | ||
RL | Coralville, IA | 2,078 | — | — | — | — | — | 2,078 | — | — | 2,078 | — | 2001 | 12/26/2019 | — | ||
S52 | Naples, FL | 2,912 | 3,619 | 447 | — | 7 | 37 | 2,912 | 3,626 | 484 | 7,022 | 1,448 | 2011 | 10/10/2011 | 2 - 46 | ||
S52 | Jacksonville, FL | 2,216 | 2,729 | 416 | — | 6 | 3 | 2,216 | 2,735 | 419 | 5,370 | 1,148 | 2011 | 10/24/2011 | 2 - 46 | ||
SDI | Tracy, CA | 979 | — | — | — | — | — | 979 | — | — | 979 | — | 2004 | 11/20/2018 | — | ||
SNS | Peru, IL | 560 | 813 | — | — | — | — | 560 | 813 | — | 1,373 | 108 | 1996 | 11/9/2016 | 5 - 40 | ||
SNS | Vero Beach, FL | 435 | 930 | — | — | — | — | 435 | 930 | — | 1,365 | 105 | 1998 | 11/9/2016 | 10 - 40 | ||
SNS | Indianapolis, IN | 571 | 1,050 | — | — | — | — | 571 | 1,050 | — | 1,621 | 105 | 1989 | 1/12/2017 | 10 -40 | ||
SNS | Carmel, IN | 887 | — | — | — | — | — | 887 | — | — | 887 | — | 1992 | 12/30/2019 | — | ||
STB | Beavercreek, OH | 582 | 710 | — | — | — | — | 582 | 710 | — | 1,292 | 50 | 2014 | 1/12/2018 | 11 - 51 | ||
STB | Orland Park (Chicago), IL | 954 | 847 | — | — | — | — | 954 | 847 | — | 1,801 | 55 | 1993 | 6/29/2018 | 5 - 30 | ||
STB | Hagerstown, MD | 755 | 1,620 | — | — | — | — | 755 | 1,620 | — | 2,375 | 55 | 2014 | 10/11/2018 | 11 - 51 | ||
STB | Decatur, AL | 473 | 627 | — | — | — | — | 473 | 627 | — | 1,100 | 18 | 2007 | 10/30/2018 | 25 - 45 | ||
STB/VZW/ATI | Huntington, IN | 1,927 | 1,158 | — | — | — | — | 1,927 | 1,158 | — | 3,085 | 2 | 2019 | 11/28/2019 | 14 - 54 | ||
TB | Newburgh, IN | 139 | 1,069 | — | — | — | — | 139 | 1,069 | — | 1,208 | 80 | 1994 | 11/15/2016 | 14 - 53 | ||
TB | Anniston, AL | 200 | 611 | — | — | — | — | 200 | 611 | — | 811 | 57 | 2000 | 1/12/2017 | 8 - 48 | ||
TB | Columbia, SC | 1,161 | 1,086 | — | — | — | — | 1,161 | 1,086 | — | 2,247 | 110 | 2009 | 1/13/2017 | 12 - 50 | ||
TB | Gas City, IN | 503 | 951 | — | — | — | — | 503 | 951 | — | 1,454 | 83 | 1999 | 7/26/2017 | 5 - 40 | ||
TB | Logansport, IN | 447 | 1,261 | — | — | — | — | 447 | 1,261 | — | 1,708 | 82 | 1990 | 7/26/2017 | 10 - 50 | ||
TB | Manchester, CT | 1,393 | — | — | — | — | — | 1,393 | — | — | 1,393 | — | 2013 | 7/27/2018 | — | ||
TB | Greenwood, IN | 540 | — | — | — | — | — | 540 | — | — | 540 | — | 2007 | 10/31/2018 | — | ||
TB | Grand Junction, CO | 886 | — | — | — | — | — | 886 | — | — | 886 | — | 1996 | 1/18/2019 | — | ||
TB | Clovis. NM | 307 | — | — | — | — | — | 307 | — | — | 307 | — | 1995 | 11/21/2019 | — | ||
TB | Southaven, MS | 935 | — | — | — | — | — | 935 | — | — | 935 | — | 2006 | 12/20/2019 | — | ||
TR | Fort Gratiot, MI | 1,248 | — | — | — | — | — | 1,248 | — | — | 1,248 | — | 2007 | 11/20/2018 | — |
FOUR CORNERS PROPERTY TRUST, INC. SCHEDULE III SCHEDULE OF REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION DECEMBER 31, 2019 (Dollars in thousands) | |||||||||||||||||
Initial Cost to Company | Cost Capitalized Since Acquisition | Gross Carrying Value (2) | Accumulated Depreciation | Construction Date | Acquisition Date | Life on which Depreciation in latest Statement of Income is Computed | |||||||||||
Restaurant Property (1) | Location | Land | Buildings and Improvements | Equipment | Land | Building and Improvements | Equipment | Land | Building and Improvements | Equipment | Total | ||||||
TR | Sierra Vista, AZ | 1,305 | — | — | — | — | — | 1,305 | — | — | 1,305 | — | 2007 | 11/20/2018 | — | ||
TR | Logan, UT | 1,272 | — | — | — | — | — | 1,272 | — | — | 1,272 | — | 2009 | 5/1/2019 | — | ||
TR | La Crosse, WI | 1,352 | — | — | — | — | — | 1,352 | — | — | 1,352 | — | 2012 | 7/25/2019 | — | ||
TR | Florence, SC | 1,860 | — | — | — | — | — | 1,860 | — | — | 1,860 | — | 2019 | 12/30/2019 | — | ||
WC | Carmel, IN | 625 | — | — | — | — | — | 625 | — | — | 625 | — | 1992 | 12/30/2019 | — | ||
WEN | Odessa, TX | 822 | 1,327 | — | — | — | — | 822 | 1,327 | — | 2,149 | 147 | 1995 | 8/2/2016 | 10 - 45 | ||
WEN | Wheat Ridge, CO | 453 | 467 | — | — | — | — | 453 | 467 | — | 920 | 69 | 1978 | 11/9/2016 | 5 - 40 | ||
WEN | Warren, MI | 323 | 946 | — | — | — | — | 323 | 946 | — | 1,269 | 98 | 2003 | 11/9/2016 | 10 - 40 | ||
WEN | Grand Junction, CO | 1,113 | — | — | — | — | — | 1,113 | — | — | 1,113 | — | 1994 | 1/18/2019 | — | ||
WEN | Clayton, OH | 814 | 1,097 | — | — | — | — | 814 | 1,097 | — | 1,911 | 23 | 2004 | 6/26/2019 | 5 - 40 | ||
WEN | Warwick, RI | 1,343 | — | — | — | — | — | 1,343 | — | — | 1,343 | — | 1999 | 12/24/2019 | — | ||
WFG | San Antonio, TX | — | — | 8 | 2,790 | 2,069 | 69 | 2,790 | 2,069 | 77 | 4,936 | 523 | 2008 | 11/14/2011 | 2 - 43 | ||
ZAX | Snellville, GA | 859 | 1,168 | — | — | — | — | 859 | 1,168 | — | 2,027 | 110 | 2003 | 11/9/2016 | 10 - 45 | ||
$665,130 | $897,588 | $48,022 | $25,444 | $244,687 | $86,862 | $690,575 | $1,142,275 | $134,884 | $1,967,734 | $635,630 |
December 31, 2022 | December 31, 2021 | ||||||||||
Carrying Costs | |||||||||||
Balance - beginning of period | $ | 2,404,405 | $ | 2,155,143 | |||||||
Additions placed in service | 278,011 | 249,536 | |||||||||
Movement: Held for Sale | (7,719) | — | |||||||||
Dispositions | (18,995) | (274) | |||||||||
Balance - end of year | $ | 2,655,702 | $ | 2,404,405 | |||||||
Accumulated Depreciation | |||||||||||
Balance - beginning of year | $ | (682,430) | $ | (657,621) | |||||||
Depreciation expense | (28,090) | (25,083) | |||||||||
Movement: Held for Sale | 724 | — | |||||||||
Dispositions | 3,094 | 274 | |||||||||
Balance - end of year | $ | (706,702) | $ | (682,430) |
December 31, 2019 | December 31, 2018 | |||||
Carrying Costs | ||||||
Balance - beginning of period | $ | 1,805,281 | $ | 1,564,955 | ||
Additions placed in service | 164,499 | 253,035 | ||||
Dispositions | (2,046 | ) | (12,709 | ) | ||
Balance - end of year | $ | 1,967,734 | $ | 1,805,281 | ||
Accumulated Depreciation | ||||||
Balance - beginning of year | $ | (614,584 | ) | $ | (598,846 | ) |
Depreciation expense | (23,092 | ) | (21,256 | ) | ||
Dispositions | 2,046 | 5,518 | ||||
Balance - end of year | $ | (635,630 | ) | $ | (614,584 | ) |
Exhibit Number | Description | ||||||||||
3.1 | |||||||||||
3.2 | |||||||||||
4.1 | |||||||||||
10.1 | |||||||||||
10.2 | |||||||||||
10.3 | |||||||||||
10.4 | |||||||||||
10.5 | |||||||||||
10.6 | |||||||||||
21.1* | |||||||||||
23.1* | |||||||||||
31 (a)* | |||||||||||
31 (b)* | |||||||||||
32 (a)* | |||||||||||
32 (b)* | |||||||||||
99.1 | |||||||||||
101.INS* | XBRL Instance Document | ||||||||||
101.SCH* | XBRL Taxonomy Extension Schema Document |
101.CAL* | XBRL Taxonomy Extension Calculation Linkbase Document | ||||||||||
101.DEF* | XBRL Taxonomy Extension Definition Linkbase Document | ||||||||||
101.LAB* | XBRL Taxonomy Extension Label Linkbase Document | ||||||||||
101.PRE* | XBRL Taxonomy Extension Presentation Linkbase Document | ||||||||||
104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |
FOUR CORNERS PROPERTY TRUST, INC. | ||||||||||||
Dated: | February | By: | /s/ William H. Lenehan | |||||||||
President and Chief Executive Officer | ||||||||||||
Signature | Title | Date | ||||||
/S/ WILLIAM H. LENEHAN William H. Lenehan | Director and Chief Executive Officer (Principal Executive Officer) | February | ||||||
/S/ GERALD R. MORGAN Gerald R. Morgan | Chief Financial Officer (Principal Financial Officer) | February | ||||||
/S/ NICCOLE M. STEWART Niccole M. Stewart | Chief Accounting Officer (Principal Accounting Officer) | February | ||||||
/S/ JOHN S. MOODY John S. Moody | Director and Chairman of the Board of Directors | February | ||||||
/S/ DOUGLAS B. HANSEN Douglas B. Hansen | Director | February | ||||||
/S/ CHARLES L. JEMLEY Charles L. Jemley | Director | February | ||||||
/S/ MARRAN H. OGILVIE Marran H. Ogilvie | Director | February | ||||||
/S/ | Director | February | ||||||
/S/ ELIZABETH TENNICAN Elizabeth Tennican | Director | February 17, 2023 |