Document_and_Entity_Informatio
Document and Entity Information (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Feb. 13, 2015 | Jun. 30, 2014 | |
Document And Entity Information [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | FALSE | ||
Document Period End Date | 31-Dec-14 | ||
Document Fiscal Year Focus | 2014 | ||
Document Fiscal Period Focus | FY | ||
Trading Symbol | SSS | ||
Entity Registrant Name | SOVRAN SELF STORAGE INC | ||
Entity Central Index Key | 944314 | ||
Current Fiscal Year End Date | -19 | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Common Stock, Shares Outstanding | 34,174,772 | ||
Entity Public Float | $2,505,480,768 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Investment in storage facilities: | ||
Land | $397,642 | $312,053 |
Building, equipment, and construction in progress | 1,780,341 | 1,552,584 |
Real estate investment property, at cost, total | 2,177,983 | 1,864,637 |
Less: accumulated depreciation | -411,701 | -366,472 |
Investment in storage facilities, net | 1,766,282 | 1,498,165 |
Cash and cash equivalents | 8,543 | 9,524 |
Accounts receivable | 5,758 | 5,119 |
Receivable from unconsolidated joint ventures | 583 | 883 |
Investment in unconsolidated joint ventures | 57,803 | 30,391 |
Prepaid expenses | 6,533 | 5,978 |
Fair value of interest rate swap agreements | 794 | |
Other assets | 9,298 | 11,021 |
Total Assets | 1,854,800 | 1,561,875 |
Liabilities | ||
Line of credit | 49,000 | 49,000 |
Term notes | 750,000 | 575,000 |
Accounts payable and accrued liabilities | 43,551 | 37,741 |
Deferred revenue | 7,290 | 6,708 |
Fair value of interest rate swap agreements | 13,341 | 7,523 |
Mortgages payable | 2,127 | 2,254 |
Total Liabilities | 865,309 | 678,226 |
Noncontrolling redeemable Operating Partnership Units at redemption value | 13,622 | 12,940 |
Shareholders' Equity | ||
Common stock $.01 par value, 100,000,000 shares authorized, 34,105,955 shares outstanding at December 31, 2014 (32,532,991 at December 31, 2013) | 353 | 337 |
Additional paid-in capital | 1,183,388 | 1,066,399 |
Dividends in excess of net income | -167,692 | -162,450 |
Accumulated other comprehensive loss | -13,005 | -6,402 |
Treasury stock at cost, 1,171,886 shares | -27,175 | -27,175 |
Total Shareholders' Equity | 975,869 | 870,709 |
Total Liabilities and Shareholders' Equity | $1,854,800 | $1,561,875 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Statement of Financial Position [Abstract] | ||
Common stock, par value | $0.01 | $0.01 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares outstanding | 34,105,955 | 32,532,991 |
Treasury stock at cost, shares | 1,171,886 | 1,171,886 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 12 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Revenues | |||
Rental income | $302,044 | $253,384 | $217,906 |
Other operating income | 24,036 | 20,123 | 16,176 |
Total operating revenues | 326,080 | 273,507 | 234,082 |
Expenses | |||
Property operations and maintenance | 69,763 | 61,316 | 55,163 |
Real estate taxes | 32,097 | 26,496 | 22,076 |
General and administrative | 40,792 | 34,939 | 32,313 |
Acquisition costs | 7,359 | 3,129 | 4,328 |
Operating leases of storage facilities | 7,987 | 1,331 | |
Depreciation and amortization | 51,749 | 45,233 | 40,542 |
Total operating expenses | 209,747 | 172,444 | 154,422 |
Income from operations | 116,333 | 101,063 | 79,660 |
Other income (expenses) | |||
Interest expense | -34,578 | -32,000 | -33,166 |
Interest income | 40 | 40 | 4 |
Gain on sale of storage facilities | 5,176 | ||
Gain on sale of real estate | 421 | 687 | |
Equity in income of joint ventures | 2,086 | 1,948 | 936 |
Income from continuing operations | 89,057 | 71,472 | 48,121 |
Income from discontinued operations (including a gain on disposal of $2,431 in 2013 and $4,498 in 2012) | 3,123 | 7,520 | |
Net income | 89,057 | 74,595 | 55,641 |
Net income attributable to noncontrolling interest | -526 | -469 | -513 |
Net income attributable to common shareholders | $88,531 | $74,126 | $55,128 |
Earnings per common share attributable to common shareholders - basic | |||
Continuing operations | $2.68 | $2.27 | $1.62 |
Discontinued operations | $0.10 | $0.26 | |
Earnings per share - basic | $2.68 | $2.37 | $1.88 |
Earnings per common share attributable to common shareholders - diluted | |||
Continuing operations | $2.67 | $2.26 | $1.61 |
Discontinued operations | $0.10 | $0.26 | |
Earnings per share - diluted | $2.67 | $2.36 | $1.87 |
Consolidated_Statements_of_Ope1
Consolidated Statements of Operations (Parenthetical) (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Income Statement [Abstract] | ||
Gain on disposal from discontinued operations | $2,431 | $4,498 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Statement of Comprehensive Income [Abstract] | |||
Net income | $89,057 | $74,595 | $55,641 |
Other comprehensive income: | |||
Change in fair value of derivatives net of reclassification to interest expense | -6,603 | 8,840 | -4,987 |
Total comprehensive income | 82,454 | 83,435 | 50,654 |
Comprehensive income attributable to noncontrolling interest | -487 | -525 | -467 |
Comprehensive income attributable to common shareholders | $81,967 | $82,910 | $50,187 |
Consolidated_Statements_of_Sha
Consolidated Statements of Shareholders' Equity (USD $) | Total | Common Stock Shares [Member] | Additional Paid-in Capital [Member] | Dividends in Excess of Net Income [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Treasury Stock [Member] |
In Thousands, except Share data | ||||||
Beginning Balance, value at Dec. 31, 2011 | $655,539 | $301 | $862,467 | ($169,799) | ($10,255) | ($27,175) |
Beginning Balance, shares at Dec. 31, 2011 | 28,952,356 | |||||
Net proceeds from the issuance of common stock | 75,206 | 14 | 75,192 | |||
Net proceeds from the issuance of common stock, shares | 1,400,931 | |||||
Exercise of stock options | 3,736 | 1 | 3,735 | |||
Exercise of stock options, shares | 91,520 | 91,520 | ||||
Issuance of non-vested stock, shares | 1,813 | |||||
Earned portion of non-vested stock | 2,392 | 2,392 | ||||
Stock option expense | 280 | 280 | ||||
Deferred compensation outside directors | 122 | 122 | ||||
Carrying value less than redemption value on redeemed noncontrolling interest | -584 | -584 | ||||
Adjustment to redemption value of noncontrolling redeemable Operating Partnership Units | -5,088 | -5,088 | ||||
Net income attributable to common shareholders | 55,128 | 55,128 | ||||
Change in fair value of derivatives | -4,987 | -4,987 | ||||
Dividends | -53,014 | -53,014 | ||||
Ending balance, value at Dec. 31, 2012 | 728,730 | 316 | 943,604 | -172,773 | -15,242 | -27,175 |
Ending balance, shares at Dec. 31, 2012 | 30,446,620 | |||||
Net proceeds from the issuance of common stock | 107,827 | 17 | 107,810 | |||
Net proceeds from the issuance of common stock, shares | 1,667,819 | |||||
Net proceeds from the issuance of common stock through Dividend Reinvestment Plan | 4,678 | 1 | 4,677 | |||
Net proceeds from the issuance of common stock through Dividend Reinvestment Plan, shares | 68,957 | |||||
Exercise of stock options | 7,017 | 1 | 7,016 | |||
Exercise of stock options, shares | 160,515 | 160,515 | ||||
Issuance of non-vested stock | 2 | -2 | ||||
Issuance of non-vested stock, shares | 189,080 | |||||
Earned portion of non-vested stock | 2,876 | 2,876 | ||||
Stock option expense | 301 | 301 | ||||
Deferred compensation outside directors | 118 | 118 | ||||
Carrying value less than redemption value on redeemed noncontrolling interest | -1 | -1 | ||||
Adjustment to redemption value of noncontrolling redeemable Operating Partnership Units | -524 | -524 | ||||
Net income attributable to common shareholders | 74,126 | 74,126 | ||||
Change in fair value of derivatives | 8,840 | 8,840 | ||||
Dividends | -63,279 | -63,279 | ||||
Ending balance, value at Dec. 31, 2013 | 870,709 | 337 | 1,066,399 | -162,450 | -6,402 | -27,175 |
Ending balance, shares at Dec. 31, 2013 | 32,532,991 | 32,532,991 | ||||
Net proceeds from the issuance of common stock | 98,981 | 13 | 98,968 | |||
Net proceeds from the issuance of common stock, shares | 1,283,505 | |||||
Net proceeds from the issuance of common stock through Dividend Reinvestment Plan | 12,449 | 2 | 12,447 | |||
Net proceeds from the issuance of common stock through Dividend Reinvestment Plan, shares | 171,854 | 171,854 | ||||
Exercise of stock options | 1,245 | 1,245 | ||||
Exercise of stock options, shares | 27,462 | 27,462 | ||||
Issuance of non-vested stock | 1 | -1 | ||||
Issuance of non-vested stock, shares | 90,143 | |||||
Earned portion of non-vested stock | 4,556 | 4,556 | ||||
Stock option expense | 223 | 223 | ||||
Deferred compensation outside directors | 121 | 121 | ||||
Carrying value less than redemption value on redeemed noncontrolling interest | -570 | -570 | ||||
Adjustment to redemption value of noncontrolling redeemable Operating Partnership Units | -3,738 | -3,738 | ||||
Net income attributable to common shareholders | 88,531 | 88,531 | ||||
Change in fair value of derivatives | -6,603 | -6,603 | ||||
Dividends | -90,035 | -90,035 | ||||
Ending balance, value at Dec. 31, 2014 | $975,869 | $353 | $1,183,388 | ($167,692) | ($13,005) | ($27,175) |
Ending balance, shares at Dec. 31, 2014 | 34,105,955 | 34,105,955 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Operating Activities | |||
Net income | $89,057 | $74,595 | $55,641 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Depreciation and amortization | 51,749 | 45,546 | 41,679 |
Amortization of deferred financing fees | 942 | 834 | 836 |
Gain on sale of storage facilities | -5,176 | ||
Gain on disposal of discontinued operations | -2,431 | -4,498 | |
Gain on sale of real estate | -421 | -687 | |
Equity in (income) losses of joint ventures | -2,086 | -1,948 | -936 |
Distributions from unconsolidated joint venture | 3,123 | 2,630 | 2,184 |
Non-vested stock earned | 4,677 | 2,994 | 2,513 |
Stock option expense | 223 | 301 | 280 |
Changes in assets and liabilities (excluding the effects of acquisitions): | |||
Accounts receivable | -606 | -1,659 | -451 |
Prepaid expenses | -457 | -810 | -977 |
Receipts from (advances to) joint ventures | 590 | -27 | -242 |
Accounts payable and other liabilities | 5,187 | 1,079 | 4,240 |
Deferred revenue | -1,155 | -37 | -820 |
Net cash provided by operating activities | 146,068 | 120,646 | 98,762 |
Investing Activities | |||
Acquisition of storage facilities | -281,731 | -94,759 | -186,870 |
Improvements, equipment additions, and construction in progress | -35,097 | -33,889 | -36,845 |
Net proceeds from the sale of storage facilities | 11,191 | ||
Net proceeds from the disposal of discontinued operations | 11,741 | 47,698 | |
Net proceeds from the sale of real estate | 4,866 | 3,298 | |
Casualty insurance proceeds received | 626 | ||
Investment in unconsolidated joint ventures | -28,650 | -4,237 | -3,571 |
Return of capital from unconsolidated joint ventures | 7,360 | ||
Property deposits | -706 | -5,427 | |
Net cash used in investing activities | -334,993 | -114,345 | -175,664 |
Financing Activities | |||
Net proceeds from sale of common stock | 112,676 | 119,522 | 78,943 |
Proceeds from line of credit | 202,000 | 152,000 | 154,000 |
Proceeds from term notes | 175,000 | 325,000 | |
Repayment of line of credit | -202,000 | -208,000 | -95,000 |
Repayment of term notes | -325,000 | ||
Financing costs | -3,001 | -1,554 | |
Dividends paid - common stock | -90,035 | -63,279 | -53,014 |
Distributions to noncontrolling interest holders | -541 | -402 | -549 |
Redemption of operating partnership units | -6,028 | -322 | -7,372 |
Mortgage principal payments | -127 | -1,997 | -172 |
Net cash provided by (used in) financing activities | 187,944 | -4,032 | 76,836 |
Net (decrease) increase in cash | -981 | 2,269 | -66 |
Cash at beginning of period | 9,524 | 7,255 | 7,321 |
Cash at end of period | 8,543 | 9,524 | 7,255 |
Supplemental cash flow information | |||
Cash paid for interest, net of interest capitalized | $31,764 | $32,909 | $32,402 |
Organization
Organization | 12 Months Ended |
Dec. 31, 2014 | |
Accounting Policies [Abstract] | |
Organization | 1. ORGANIZATION |
Sovran Self Storage, Inc. (the “Company,” “We,” “Our,” or “Sovran”), a self-administered and self-managed real estate investment trust (a “REIT”), was formed on April 19, 1995 to own and operate self-storage facilities throughout the United States. On June 26, 1995, the Company commenced operations effective with the completion of its initial public offering. At December 31, 2014, we had an ownership interest in, leased, and/or managed 518 self-storage properties in 25 states under the name Uncle Bob’s Self Storage ®. Among our 518 self-storage properties are 39 properties that we manage for an unconsolidated joint venture (Sovran HHF Storage Holdings LLC) of which we are a 20% owner, 30 properties that we manage for an unconsolidated joint venture (Sovran HHF Storage Holdings II LLC) of which we are a 15% owner, 17 properties that we manage and have no ownership interest, and four properties that we lease. Approximately 39% of the Company’s revenue is derived from stores in the states of Texas and Florida. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Accounting Policies [Abstract] | |||||||||||||
Summary of Significant Accounting Policies | 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||||||||||||
Basis of Presentation: All of the Company’s assets are owned by, and all its operations are conducted through, Sovran Acquisition Limited Partnership (the “Operating Partnership”). Sovran Holdings, Inc., a wholly-owned subsidiary of the Company (the “Subsidiary”), is the sole general partner of the Operating Partnership; the Company is a limited partner of the Operating Partnership, and through its ownership of the Subsidiary and its limited partnership interest controls the operations of the Operating Partnership, holding a 99.5% ownership interest therein as of December 31, 2014. The remaining ownership interests in the Operating Partnership (the “Units”) are held by certain former owners of assets acquired by the Operating Partnership subsequent to its formation. | |||||||||||||
We consolidate all wholly owned subsidiaries. Partially owned subsidiaries and joint ventures are consolidated when we control the entity. Our consolidated financial statements include the accounts of the Company, the Operating Partnership, Uncle Bob’s Management, LLC (the Company’s taxable REIT subsidiary), Locke Sovran I, LLC (a wholly-owned subsidiary), and Locke Sovran II, LLC (a wholly-owned subsidiary). All intercompany transactions and balances have been eliminated. Investments in joint ventures that we do not control but for which we have significant influence over are accounted for using the equity method. | |||||||||||||
On June 30, 2011, the Company entered into a newly formed joint venture agreement with an owner of a self-storage facility in New Jersey (West Deptford JV LLC). As part of the agreement the Company contributed $4.2 million to the joint venture for a $2.8 million mortgage note at 8%, a 20% common interest, and a $1.4 million preferred interest with an 8% preferred return. The Company had concluded that this joint venture is a variable interest entity pursuant to the guidance in FASB ASC Topic 810, “Consolidation” on the basis that the total equity investment in the joint venture is not sufficient to permit the joint venture to finance its activities without additional subordinated financial support from its investors. On February 5, 2013 the Company entered into a Membership Interest Purchase Agreement to sell its common and preferred interests in West Deptford JV LLC to the other joint venture partner for approximately $1.4 million, resulting in a gain of $0.4 million. Simultaneous with this transaction the joint venture partner also repaid the $2.8 million mortgage note held by the Company. As a result of these transactions the Company no longer holds any ownership interest in this joint venture. The results of operations of this joint venture are included in our consolidated financial statements through the February 5, 2013 date of divesture. | |||||||||||||
Included in the consolidated balance sheets are noncontrolling redeemable operating partnership units. These interests are presented in the “mezzanine” section of the consolidated balance sheet because they do not meet the functional definition of a liability or equity under current accounting literature. These represent the outside ownership interests of the limited partners in the Operating Partnership. At December 31, 2014, there were 155,484 noncontrolling redeemable operating partnership Units outstanding (198,913 at December 31, 2013). These unitholders are entitled to receive distributions per unit equivalent to the dividends declared per share on the Company’s common stock. The Operating Partnership is obligated to redeem each of these limited partnership Units in the Operating Partnership at the request of the holder thereof for cash equal to the fair market value of a share of the Company’s common stock, at the time of such redemption, provided that the Company at its option may elect to acquire any such Unit presented for redemption for one common share or cash. The Company accounts for these noncontrolling redeemable Operating Partnership Units under the provisions of EITF D-98, “Classification and Measurement of Redeemable Securities” which was codified in FASB ASC Topic 480-10-S99. The application of the FASB ASC Topic 480-10-S99 accounting model requires the noncontrolling interest to follow normal noncontrolling interest accounting and then be marked to redemption value at the end of each reporting period if higher (but never adjusted below that normal noncontrolling interest accounting amount). The offset to the adjustment to the carrying amount of the noncontrolling redeemable Operating Partnership Units is reflected in dividends in excess of net income. Accordingly, in the accompanying consolidated balance sheet, noncontrolling redeemable Operating Partnership Units are reflected at redemption value at December 31, 2014 and 2013, equal to the number of Units outstanding multiplied by the fair market value of the Company’s common stock at that date. Redemption value exceeded the value determined under the Company’s historical basis of accounting at those dates. | |||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||
Beginning balance noncontrolling redeemable Operating Partnership Units | $ | 12,940 | $ | 12,670 | |||||||||
Redemption of Operating Partnership Units | (6,028 | ) | (322 | ) | |||||||||
Redemption value in excess of carrying value | 570 | 1 | |||||||||||
Issuance of Operating Partnership Units | 2,417 | — | |||||||||||
Net income attributable to noncontrolling interests – consolidated joint venture | 526 | 469 | |||||||||||
Distributions | (541 | ) | (402 | ) | |||||||||
Adjustment to redemption value | 3,738 | 524 | |||||||||||
Ending balance noncontrolling redeemable Operating Partnership Units | $ | 13,622 | $ | 12,940 | |||||||||
In 2014 the Company issued 28,481 Units with a fair value of $2.4 million to acquire one self-storage property. The fair value of the Units on the date of issuance was determined based upon the fair market value of the Company’s common stock on that date. | |||||||||||||
Cash and Cash Equivalents: The Company considers all highly liquid investments purchased with maturities of three months or less to be cash equivalents. Cash and cash equivalents include $6,000 and $34,000 held in escrow for an encumbered property at December 31, 2014 and 2013, respectively. | |||||||||||||
Accounts Receivable: Accounts receivable are composed of trade and other receivables recorded at billed amounts and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable uncollectible amounts in the Company’s existing accounts receivable. The Company determines the allowance based on a number of factors, including experience, credit worthiness of customers, and current market and economic conditions. The Company reviews the allowance for doubtful accounts on a regular basis. Account balances are charged against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The allowance for doubtful accounts is recorded as a reduction of accounts receivable and amounted to $0.5 million, $0.4 million and $0.4 million at December 31, 2014, 2013 and 2012, respectively. | |||||||||||||
Revenue and Expense Recognition: Rental income is recognized when earned pursuant to month-to-month leases for storage space. Promotional discounts are recognized as a reduction to rental income over the promotional period, which is generally during the first month of occupancy. Rental income received prior to the start of the rental period is included in deferred revenue. Equity in earnings of real estate joint ventures that we have significant influence over is recognized based on our ownership interest in the earnings of these entities. | |||||||||||||
Cost of operations, general and administrative expense, interest expense and advertising costs are expensed as incurred. For the years ended December 31, 2014, 2013, and 2012, advertising costs were $6.2 million, $5.4 million, and $4.6 million, respectively. The Company accrues property taxes based on estimates and historical trends. If these estimates are incorrect, the timing and amount of expense recognition would be affected. | |||||||||||||
Other Operating Income: Consists primarily of sales of storage-related merchandise (locks and packing supplies), insurance commissions, incidental truck rentals, and management and acquisition fees from unconsolidated joint ventures. | |||||||||||||
Investment in Storage Facilities: Storage facilities are recorded at cost. The purchase price of acquired facilities is allocated to land, land improvements, building, equipment, and in-place customer leases based on the fair value of each component. The fair values of land are determined based upon comparable market sales information. The fair values of buildings are determined based upon estimates of current replacement costs adjusted for depreciation on the properties. For the years ended December 31, 2014, 2013, and 2012, $7.4 million, $3.1 million and $4.3 million of acquisition related costs were incurred and expensed, respectively. | |||||||||||||
Depreciation is computed using the straight-line method over estimated useful lives of forty years for buildings and improvements, and five to twenty years for furniture, fixtures and equipment. Expenditures for significant renovations or improvements that extend the useful life of assets are capitalized. Interest and other costs incurred during the construction period of major expansions are capitalized. Capitalized interest during the years ended December 31, 2014, 2013, and 2012 was $0.1 million, $0.1 million and $0.1 million, respectively. Repair and maintenance costs are expensed as incurred. | |||||||||||||
Whenever events or changes in circumstances indicate that the basis of the Company’s property may not be recoverable, the Company’s policy is to complete an assessment of impairment. Impairment is evaluated based upon comparing the sum of the property’s expected undiscounted future cash flows to the carrying value of the property. If the sum of the undiscounted cash flow is less than the carrying amount, an impairment loss is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. For the years ended December 31, 2014, 2013 and 2012, no assets had been determined to be impaired under this policy. | |||||||||||||
In general, sales of real estate and related profits / losses are recognized when all consideration has changed hands and risks and rewards of ownership have been transferred. | |||||||||||||
Other Assets: Included in other assets are net deferred financing costs, property deposits, and the value placed on in-place customer leases at the time of acquisition. The gross deferred financing costs were $8.2 million and $6.3 million at December 31, 2014, and 2013, respectively. Accumulated amortization on gross deferred financing costs was approximately $1.9 million and $2.0 million at December 31, 2014, and 2013, respectively. Deferred financing costs are amortized over the terms of the related debt. Property deposits at December 31, 2014 and 2013 were $0.8 million and $5.6 million, respectively. | |||||||||||||
The Company allocates a portion of the purchase price of acquisitions to in-place customer leases. The methodology used to determine the fair value of in-place customer leases is disclosed in Note 9. The Company amortizes in-place customer leases on a straight-line basis over 12 months (the estimated future benefit period). | |||||||||||||
Amortization expense related to deferred financing costs was $0.9 million, $0.8 million and $0.8 million for the periods ended December 31, 2014, 2013 and 2012, respectively, and is included in interest expense in the consolidated statement of operations. | |||||||||||||
Investment in Unconsolidated Joint Ventures: The Company’s investment in unconsolidated joint ventures, where the Company has significant influence, but not control and joint ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting in the accompanying consolidated financial statements. Under the equity method, the Company’s investment in unconsolidated joint ventures is stated at cost and adjusted for the Company’s share of net earnings or losses and reduced by distributions. Equity in earnings of unconsolidated joint ventures is generally recognized based on the Company’s ownership interest in the earnings of each of the unconsolidated joint ventures. For the purposes of presentation in the statement of cash flows, the Company follows the “look through” approach for classification of distributions from joint ventures. Under this approach, distributions are reported under operating cash flow unless the facts and circumstances of a specific distribution clearly indicate that it is a return of capital (e.g., a liquidating dividend or distribution of the proceeds from the joint venture’s sale of assets), in which case it is reported as an investing activity. | |||||||||||||
Accounts Payable and Accrued Liabilities: Accounts payable and accrued liabilities consists primarily of trade payables, accrued interest, and property tax accruals. The Company accrues property tax expense based on estimates and historical trends. Actual expense could differ from these estimates. | |||||||||||||
Income Taxes: The Company qualifies as a REIT under the Internal Revenue Code of 1986, as amended, and will generally not be subject to corporate income taxes to the extent it distributes its taxable income to its shareholders and complies with certain other requirements. | |||||||||||||
The Company has elected to treat one of its subsidiaries as a taxable REIT subsidiary. In general, the Company’s taxable REIT subsidiary may perform additional services for tenants and generally may engage in certain real estate or non-real estate related business. A taxable REIT subsidiary is subject to corporate federal and state income taxes. Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. | |||||||||||||
For the years ended December 31, 2014, 2013 and 2012, the Company recorded federal and state income tax expense of $0.9 million, $0.9 million and $1.3 million, respectively. The 2014 income tax expense includes current expense of $0.5 million and deferred tax expense of $0.4 million. At December 31, 2014 and 2013, there were no material unrecognized tax benefits. Interest and penalties relating to uncertain tax positions will be recognized in income tax expense when incurred. As of December 31, 2014 and 2013, the Company had no interest or penalties related to uncertain tax provisions. Net income taxes payable and the deferred tax liability of our taxable REIT subsidiary are classified within accounts payable and accrued liabilities in the consolidated balance sheet. As of December 31, 2014, the Company’s taxable REIT subsidiary has current prepaid taxes of $0.5 million and a deferred tax liability of $1.3 million. As of December 31, 2013, the Company’s taxable REIT subsidiary had current prepaid taxes of $0.3 million and a deferred tax liability of $0.9 million. | |||||||||||||
Derivative Financial Instruments: The Company accounts for derivatives in accordance with ASC Topic 815 “Derivatives and Hedging”, which requires companies to carry all derivatives on the balance sheet at fair value. The Company determines the fair value of derivatives using an income approach. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and, if so, the reason for holding it. The Company’s use of derivative instruments is limited to cash flow hedges of certain interest rate risks. | |||||||||||||
Recent Accounting Pronouncements: In July 2013, the FASB issued ASU 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” This ASU provides explicit guidance regarding the presentation in the statement of financial position of an unrecognized tax benefit when net operating losses or tax credit carryforwards exist. It is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, with early adoption permitted, and is applicable to the Company’s fiscal year beginning January 1, 2014. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. | |||||||||||||
In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360): Reporting Discontinued Operations and disclosures of Components of an Entity”. Under this ASU, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. The ASU also requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. It is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014, with early adoption permitted. The Company adopted this guidance effective January 1, 2014 and the adoption is expected to significantly reduce the classification of property sales by the Company as discontinued operations. | |||||||||||||
During 2014 the Company sold two properties with a carrying value of $5.8 million and received cash proceeds of $11.0 million, resulting in a $5.2 million gain on sale. The following table summarizes the revenues and expenses up to the date of sale of the two properties sold in 2014 that are included in the Company’s consolidated statements of operations for 2014, 2013 and 2012. | |||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||
Total revenues | $ | 1,268 | $ | 1,480 | $ | 1,333 | |||||||
Property operations and maintenance expense | (259 | ) | (362 | ) | (367 | ) | |||||||
Real estate tax expense | (158 | ) | (187 | ) | (157 | ) | |||||||
Depreciation and amortization expense | (137 | ) | (179 | ) | (175 | ) | |||||||
Gain on sale of storage facilities | 5,176 | — | — | ||||||||||
$ | 5,890 | $ | 752 | $ | 634 | ||||||||
In May 2014, FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605),” and requires an entity to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. The Company has the option to apply the provisions of ASU 2014-09 either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the new guidance recognized at the date of initial application. The Company has not yet completed its assessment of the impact that the adoption of ASU 2014-09 will have on its consolidated financial statements. | |||||||||||||
In June 2014, the FASB issued ASU 2014-12, “Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period,” which requires a reporting entity to treat a performance target that affects vesting and that could be achieved after the requisite service period as a performance condition. ASU 2014-12 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. ASU 2014-12 may be adopted either prospectively for share-based payment awards granted or modified on or after the effective date, or retrospectively, using a modified retrospective approach. The modified retrospective approach would apply to share-based payment awards outstanding as of the beginning of the earliest annual period presented in the financial statements on adoption, and to all new or modified awards thereafter. The Company does not expect the adoption of ASU 2014-12 to have a material impact on its consolidated financial statements. | |||||||||||||
Stock-Based Compensation: The Company accounts for stock-based compensation under the provisions of ASC Topic 718, “Compensation - Stock Compensation”. The Company recognizes compensation cost in its financial statements for all share based payments granted, modified, or settled during the period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the related vesting period. | |||||||||||||
The Company recorded compensation expense (included in general and administrative expense) of $223,000, $301,000 and $280,000 related to stock options and $4.6 million, $2.9 million and $2.4 million related to amortization of non-vested stock grants for the years ended December 31, 2014, 2013 and 2012, respectively. The Company uses the Black-Scholes Merton option pricing model to estimate the fair value of stock options granted subsequent to the adoption of ASC Topic 718. The application of this pricing model involves assumptions that are judgmental and sensitive in the determination of compensation expense. The weighted average for key assumptions used in determining the fair value of options granted during 2014 follows: | |||||||||||||
Weighted Average | Range | ||||||||||||
Expected life (years) | 4.5 | 4.5 | |||||||||||
Risk free interest rate | 1.63 | % | 1.57% - | ||||||||||
1.71% | |||||||||||||
Expected volatility | 22.77 | % | 22.60% - | ||||||||||
22.90% | |||||||||||||
Expected dividend yield | 3.58 | % | 3.58% | ||||||||||
Fair value | $ | 10.04 | $10.02 - | ||||||||||
$10.06 | |||||||||||||
The weighted-average fair value of options granted during the years ended December 31, 2013 and 2012, were $13.95 and $12.40, respectively. | |||||||||||||
To determine expected volatility, the Company uses historical volatility based on daily closing prices of its Common Stock over periods that correlate with the expected terms of the options granted. The risk-free rate is based on the United States Treasury yield curve at the time of grant for the expected life of the options granted. Expected dividends are based on the Company’s history and expectation of dividend payouts. The expected life of stock options is based on the midpoint between the vesting date and the end of the contractual term. | |||||||||||||
During 2014 and 2013, the Company issued performance based non-vested stock to certain executives. The fair value for the performance based non-vested shares granted in 2014 and 2013 was estimated at the time the shares were granted using a Monte Carlo pricing model applying the following assumptions: | |||||||||||||
2014 | 2013 | ||||||||||||
Expected life (years) | 3 | 3 | |||||||||||
Risk free interest rate | 1.18 | % | 0.64 | % | |||||||||
Expected volatility | 18.42 | % | 24.78 | % | |||||||||
Fair value | $ | 46.95 | $ | 35.32 | |||||||||
The Monte Carlo pricing model was not used to value any other 2014, 2013 and 2012 non-vested shares granted as no market conditions were present in these awards. The value of these other non-vested shares was equal to the stock price on the date of grant. | |||||||||||||
Use of Estimates: The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. |
Earnings_Per_Share
Earnings Per Share | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Earnings Per Share [Abstract] | |||||||||||||
Earnings Per Share | 3. EARNINGS PER SHARE | ||||||||||||
The Company reports earnings per share data in accordance ASC Topic 260, “Earnings Per Share.” Effective January 1, 2009, FASB ASC Topic 260 was updated for the issuance of FASB Staff Position (“FSP”) EITF 03-6-1, “Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities”, or FSP EITF 03-6-1, with transition guidance included in FASB ASC Topic 260-10-65-2. Under FSP EITF 03-6-1, unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities and shall be included in the computation of earnings-per-share pursuant to the two-class method. The Company has calculated its basic and diluted earnings per share using the two-class method. The following table sets forth the computation of basic and diluted earnings per common share utilizing the two-class method. | |||||||||||||
Year Ended December 31, | |||||||||||||
(Amounts in thousands, except per share data) | 2014 | 2013 | 2012 | ||||||||||
Numerator: | |||||||||||||
Net income from continuing operations attributable to common shareholders | $ | 88,531 | $ | 71,023 | $ | 47,677 | |||||||
Denominator: | |||||||||||||
Denominator for basic earnings per share - weighted average shares | 33,019 | 31,297 | 29,358 | ||||||||||
Effect of Dilutive Securities: | |||||||||||||
Stock options and non-vested stock | 172 | 156 | 131 | ||||||||||
Denominator for diluted earnings per share - adjusted weighted average shares and assumed conversion | 33,191 | 31,453 | 29,489 | ||||||||||
Basic Earnings per Common Share from continuing operations attributable to common shareholders | $ | 2.68 | $ | 2.27 | $ | 1.62 | |||||||
Basic Earnings per Common Share attributable to common shareholders | $ | 2.68 | $ | 2.37 | $ | 1.88 | |||||||
Diluted Earnings per Common Share from continuing operations attributable to common shareholders | $ | 2.67 | $ | 2.26 | $ | 1.61 | |||||||
Diluted Earnings per Common Share attributable to common shareholders | $ | 2.67 | $ | 2.36 | $ | 1.87 | |||||||
Not included in the effect of dilutive securities above are 5,000 stock options and 151,474 unvested restricted shares for the year ended December 31, 2014; and 2,000 stock options and 112,664 unvested restricted shares for the year ended December 31, 2013; and 31,375 stock options and 121,711 unvested restricted shares for the year ended December 31, 2012, because their effect would be antidilutive. |
Investment_in_Storage_Faciliti
Investment in Storage Facilities | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||||||||||||||||||
Real Estate [Abstract] | |||||||||||||||||||||||||||||||||||||||||
Investment in Storage Facilities | 4 | INVESTMENT IN STORAGE FACILITIES | |||||||||||||||||||||||||||||||||||||||
The following summarizes activity in storage facilities during the years ended December 31, 2014 and December 31, 2013. | |||||||||||||||||||||||||||||||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||||||||||||||||||||||||||||||
Cost: | |||||||||||||||||||||||||||||||||||||||||
Beginning balance | $ | 1,864,637 | $ | 1,742,354 | |||||||||||||||||||||||||||||||||||||
Acquisition of storage facilities | 286,691 | 93,376 | |||||||||||||||||||||||||||||||||||||||
Improvements and equipment additions | 40,137 | 32,241 | |||||||||||||||||||||||||||||||||||||||
Increase (decrease) in construction in progress | (5,040 | ) | 1,570 | ||||||||||||||||||||||||||||||||||||||
Dispositions and impairments | (8,442 | ) | (4,904 | ) | |||||||||||||||||||||||||||||||||||||
Ending balance | $ | 2,177,983 | $ | 1,864,637 | |||||||||||||||||||||||||||||||||||||
Accumulated Depreciation: | |||||||||||||||||||||||||||||||||||||||||
Beginning balance | $ | 366,472 | $ | 324,963 | |||||||||||||||||||||||||||||||||||||
Additions during the year | 47,656 | 41,929 | |||||||||||||||||||||||||||||||||||||||
Dispositions and impairments | (2,427 | ) | (420 | ) | |||||||||||||||||||||||||||||||||||||
Ending balance | $ | 411,701 | $ | 366,472 | |||||||||||||||||||||||||||||||||||||
The assets and liabilities of the acquired storage facilities, which primarily consist of tangible and intangible assets, are measured at fair value on the date of acquisition in accordance with the principles of FASB ASC Topic 820, “Fair Value Measurements and Disclosures.” During 2014 and 2013, the Company acquired 33 and 11 self-storage facilities, respectively, and the purchase price of the facilities was assigned as follows: | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | Consideration paid | Acquisition Date Fair Value | |||||||||||||||||||||||||||||||||||||||
State | Number of | Date of | Purchase | Cash Paid | Value of | Net Other | Land | Building, | In-Place | Closing | |||||||||||||||||||||||||||||||
Properties | Acquisition | Price | Operating | Liabilities | Equipment, and | Customer | Costs | ||||||||||||||||||||||||||||||||||
Partnership | (Assets) | Improvements | Leases | Expensed | |||||||||||||||||||||||||||||||||||||
Units Issued | Assumed | ||||||||||||||||||||||||||||||||||||||||
2014 | |||||||||||||||||||||||||||||||||||||||||
Florida | 2 | 1/9/14 | $ | 54,000 | $ | 53,599 | $ | — | $ | 401 | $ | 23,309 | $ | 29,867 | $ | 824 | $ | 1,674 | |||||||||||||||||||||||
Texas | 1 | 1/17/14 | 9,000 | 8,962 | — | 38 | 3,999 | 4,856 | 145 | 216 | |||||||||||||||||||||||||||||||
Texas | 1 | 2/10/14 | 8,900 | 8,857 | — | 43 | 2,235 | 6,564 | 101 | 204 | |||||||||||||||||||||||||||||||
Maine | 2 | 2/11/14 | 14,750 | 14,602 | — | 148 | 2,639 | 11,824 | 287 | 409 | |||||||||||||||||||||||||||||||
Illinois | 1 | 3/31/14 | 8,700 | 8,582 | — | 118 | 1,837 | 6,724 | 139 | 224 | |||||||||||||||||||||||||||||||
Illinois | 1 | 5/5/14 | 5,500 | 5,487 | — | 13 | 598 | 4,902 | — | 45 | |||||||||||||||||||||||||||||||
Texas | 1 | 5/13/14 | 6,075 | 6,017 | — | 58 | 2,000 | 3,935 | 140 | 181 | |||||||||||||||||||||||||||||||
Missouri | 7 | 5/22/14 | 35,050 | 34,786 | — | 264 | 9,420 | 24,835 | 795 | 622 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 6/5/14 | 12,600 | 12,526 | — | 74 | 5,161 | 7,201 | 238 | 281 | |||||||||||||||||||||||||||||||
New York | 1 | 6/11/14 | 8,000 | 7,988 | — | 12 | 1,741 | 6,106 | 153 | 202 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 6/12/14 | 2,500 | 2,431 | — | 69 | — | 2,319 | 181 | 64 | |||||||||||||||||||||||||||||||
Georgia | 1 | 6/12/14 | 7,700 | 7,616 | — | 84 | 2,263 | 5,293 | 144 | 179 | |||||||||||||||||||||||||||||||
New Jersey | 3 | 6/18/14 | 18,325 | 18,221 | — | 104 | 2,543 | 15,377 | 405 | 542 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 7/10/14 | 11,590 | 11,572 | — | 18 | 1,512 | 9,880 | 198 | 321 | |||||||||||||||||||||||||||||||
Florida | 1 | 8/28/14 | 10,200 | 10,111 | — | 89 | 2,958 | 7,055 | 187 | 184 | |||||||||||||||||||||||||||||||
Virginia | 1 | 9/5/14 | 6,400 | 6,373 | — | 27 | 2,349 | 3,947 | 104 | 267 | |||||||||||||||||||||||||||||||
Texas | 1 | 9/10/14 | 11,200 | 11,046 | — | 154 | 2,658 | 8,299 | 243 | 196 | |||||||||||||||||||||||||||||||
Tennessee | 1 | 9/18/14 | 6,550 | 6,535 | — | 15 | 759 | 5,749 | 42 | 144 | |||||||||||||||||||||||||||||||
Louisiana | 1 | 10/10/14 | 16,750 | 16,630 | — | 120 | 5,771 | 10,697 | 282 | 238 | |||||||||||||||||||||||||||||||
Florida | 1 | 10/20/14 | 11,250 | 11,119 | — | 131 | 6,091 | 4,971 | 188 | 495 | |||||||||||||||||||||||||||||||
Texas | 1 | 10/28/14 | 13,125 | 13,095 | — | 30 | 4,196 | 8,721 | 208 | 267 | |||||||||||||||||||||||||||||||
Illinois | 1 | 11/14/14 | 5,750 | 3,239 | 2,417 | 94 | 889 | 4,850 | 11 | 206 | |||||||||||||||||||||||||||||||
Texas | 1 | 12/18/14 | 8,000 | 7,937 | — | 63 | 1,598 | 6,193 | 209 | 197 | |||||||||||||||||||||||||||||||
Total acquired 2014 | 33 | $ | 291,915 | $ | 287,331 | $ | 2,417 | $ | 2,167 | $ | 86,526 | $ | 200,165 | $ | 5,224 | $ | 7,358 | ||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||||||||||||||||||
Texas | 1 | 2/11/13 | $ | 2,400 | $ | 2,382 | $ | — | $ | 18 | $ | 337 | $ | 2,005 | $ | 58 | $ | 125 | |||||||||||||||||||||||
New York | 1 | 3/22/13 | 11,050 | 11,119 | — | (69 | ) | 2,122 | 8,736 | 192 | 244 | ||||||||||||||||||||||||||||||
Massachusetts | 1 | 3/22/13 | 8,850 | 8,848 | — | 2 | 1,553 | 7,186 | 111 | 141 | |||||||||||||||||||||||||||||||
New York | 2 | 8/29/13 | 22,000 | 21,985 | — | 15 | 3,320 | 18,378 | 302 | 466 | |||||||||||||||||||||||||||||||
Colorado | 1 | 9/30/13 | 5,940 | 5,859 | — | 81 | 628 | 5,201 | 111 | 167 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 11/26/13 | 8,535 | 8,499 | — | 36 | 1,843 | 6,544 | 148 | 249 | |||||||||||||||||||||||||||||||
Florida | 1 | 12/4/13 | 6,300 | 6,231 | — | 69 | 868 | 5,306 | 126 | 153 | |||||||||||||||||||||||||||||||
Texas | 1 | 12/27/13 | 6,900 | 6,873 | — | 27 | 1,547 | 5,226 | 127 | 337 | |||||||||||||||||||||||||||||||
Connecticut | 1 | 12/30/13 | 10,160 | 10,209 | — | (49 | ) | 1,174 | 8,817 | 169 | 196 | ||||||||||||||||||||||||||||||
New Jersey | 1 | 12/30/13 | 12,765 | 12,754 | — | 11 | 1,639 | 10,946 | 180 | 359 | |||||||||||||||||||||||||||||||
Total acquired 2013 | 11 | $ | 94,900 | $ | 94,759 | $ | — | $ | 141 | $ | 15,031 | $ | 78,345 | $ | 1,524 | $ | 2,437 | ||||||||||||||||||||||||
Leased stores (CT, NY) | 4 | 11/1/13 | — | — | — | — | — | — | — | 692 | |||||||||||||||||||||||||||||||
Total acquired or leased 2013 | 15 | $ | 94,900 | $ | 94,759 | $ | — | $ | 141 | $ | 15,031 | $ | 78,345 | $ | 1,524 | $ | 3,129 | ||||||||||||||||||||||||
All of the properties acquired in 2014 and 2013 were purchased from unrelated third parties. The operating results of the acquired facilities have been included in the Company’s operations since the respective acquisition dates. Of the $287.3 million paid at closing for the properties acquired during 2014, $5.6 million represented deposits that were paid in 2013 when certain of these properties originally went under contract. | |||||||||||||||||||||||||||||||||||||||||
The Company measures the fair value of in-place customer lease intangible assets based on the Company’s experience with customer turnover. The Company amortizes in-place customer leases on a straight-line basis over 12 months (the estimated future benefit period). In-place customer leases are included in other assets on the Company’s balance sheet as follows: | |||||||||||||||||||||||||||||||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||||||||||||||||||||||||||||||
In-place customer leases | $ | 19,867 | $ | 14,643 | |||||||||||||||||||||||||||||||||||||
Accumulated amortization | (17,663 | ) | (13,551 | ) | |||||||||||||||||||||||||||||||||||||
Net carrying value at December 31, | $ | 2,204 | $ | 1,092 | |||||||||||||||||||||||||||||||||||||
Amortization expense related to in-place customer leases was $4.1 million, $3.3 million, and $3.3 million for the years ended December 31, 2014, 2013, and 2012, respectively. Amortization expense in 2015 is expected to be $2.2 million. | |||||||||||||||||||||||||||||||||||||||||
As noted above, during 2014, the Company acquired 33 properties. The following pro forma information is based on the combined historical financial statements of the Company and the 33 properties acquired, and presents the Company’s results as if the acquisitions had occurred as of January 1, 2012: | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Total revenues | $ | 33,168 | $ | 300,589 | $ | 258,450 | |||||||||||||||||||||||||||||||||||
Net income attributable to common shareholders | $ | 99,103 | $ | 75,622 | $ | 41,942 | |||||||||||||||||||||||||||||||||||
Earnings per common share | |||||||||||||||||||||||||||||||||||||||||
Basic | $ | 2.94 | $ | 2.25 | $ | 1.25 | |||||||||||||||||||||||||||||||||||
Diluted | $ | 2.93 | $ | 2.23 | $ | 1.24 | |||||||||||||||||||||||||||||||||||
The following table summarizes the revenues and earnings related to the 33 properties since the acquisition dates that are included in the Company’s 2014 consolidated statements of operations. | |||||||||||||||||||||||||||||||||||||||||
Total revenues | $ | 16,793 | |||||||||||||||||||||||||||||||||||||||
Net loss attributable to common shareholders | $ | (7,953 | ) | ||||||||||||||||||||||||||||||||||||||
The above net losses attributable to common shareholders were primarily due to the acquisition costs incurred in connection with the 2014 acquisitions. |
Discontinued_Operations
Discontinued Operations | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Discontinued Operations and Disposal Groups [Abstract] | |||||||||
Discontinued Operations | 5. DISCONTINUED OPERATIONS | ||||||||
In the 4th quarter of 2013, the Company sold four non-strategic storage facilities in Florida (2), Ohio (1), and Virginia (1) for net proceeds of approximately $11.7 million resulting in a gain of approximately $2.4 million. In 2012, the Company sold 17 non-strategic storage facilities in Maryland (1), Michigan (4), and Texas (12) for net proceeds of approximately $47.7 million resulting in a gain of approximately $4.5 million. The operations of these facilities and the loss or gain on sale are reported as discontinued operations. Cash flows of discontinued operations have not been segregated from the cash flows of continuing operations on the accompanying consolidated statement of cash flows for the years ended December 31, 2013 and 2012. The Company did not report any dispositions of facilities as discontinued operations in 2014. The following is a summary of the amounts reported as discontinued operations in 2013 and 2012: | |||||||||
Year Ended December 31, | |||||||||
(dollars in thousands) | 2013 | 2012 | |||||||
Total revenue | $ | 1,726 | $ | 7,069 | |||||
Property operations and maintenance expense | (576 | ) | (2,189 | ) | |||||
Real estate tax expense | (145 | ) | (721 | ) | |||||
Depreciation and amortization expense | (313 | ) | (1,137 | ) | |||||
Net realized gain (loss) on sale of property | 2,431 | 4,498 | |||||||
Total income from discontinued operations | $ | 3,123 | $ | 7,520 | |||||
Income from continuing operations attributable to common shareholders was $71.0 million and $47.7 million in 2013, and 2012, respectively. Income from discontinued operations attributable to common shareholders was $3.1 million and $7.5 million in 2013, and 2012, respectively. |
Unsecured_Line_of_Credit_and_T
Unsecured Line of Credit and Term Notes | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Debt Disclosure [Abstract] | |||||||||
Unsecured Line of Credit and Term Notes | 6. UNSECURED LINE OF CREDIT AND TERM NOTES | ||||||||
Borrowings outstanding on our unsecured line of credit and term notes are as follows: | |||||||||
Dec. 31, | Dec. 31, | ||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||
Revolving line of credit borrowings | $ | 49,000 | $ | 49,000 | |||||
Term note due April 13, 2016 | 150,000 | 150,000 | |||||||
Term note due June 4, 2020 | 325,000 | 325,000 | |||||||
Term note due August 5, 2021 | 100,000 | 100,000 | |||||||
Term note due April 8, 2024 | 175,000 | — | |||||||
Total term notes payable | $ | 750,000 | $ | 575,000 | |||||
On December 10, 2014, the Company amended its existing unsecured credit agreement. As part of the amended agreement, the Company increased its revolving credit limit from $175 million to $300 million. The interest rate on the revolving credit facility bears interest at a variable rate equal to LIBOR plus a margin based on the Company’s credit rating (at December 31, 2014 the margin is 1.30%), and requires a 0.20% facility fee. The amended agreement also reduced the interest rate on the $325 million unsecured term note maturing June 4, 2020, with the term note bearing interest at LIBOR plus a margin based on the Company’s credit rating (at December 31, 2014 the margin is 1.40%). The interest rate at December 31, 2014 on the Company’s line of credit was approximately 1.46% (1.67% at December 31, 2013). At December 31, 2014, there was $250.3 million available on the unsecured line of credit net of outstanding letters of credit of $0.7 million. The revolving line of credit has a maturity date of December 10, 2019. The amended agreement also provides for an increase in the revolving credit facility and the bank term notes at the Company’s request to an aggregate amount up to $850 million. | |||||||||
In connection with the execution of the amendment to our unsecured credit agreement, it was determined that the borrowing capacity of nine of the lenders participating in the revolving line of credit exceeded their borrowing capacities prior to the amendment. As a result, for these nine lenders the unamortized deferred financing costs associated with the agreement prior to its amendment remain deferred and are being amortized to interest expense over the term of the newly amended agreement. Fees and other costs paid to execute the amendment relating to the revolving line of credit totaling $1.3 million were recorded as additional deferred financing costs and are being amortized to interest expense over the term of the newly amended agreement. | |||||||||
The Company paid $1.0 million in fees to lenders for their commitments under the unsecured term note portion of the newly amended agreement. These lenders’ commitments were determined to be a modification of their unsecured term note commitments prior to the amendment. Such costs were recorded as additional deferred financing costs and are being amortized to interest expense over the term of the newly amended agreement. In addition, for the nine continuing lenders’ the previously unamortized deferred financing costs associated with the unsecured term note commitments prior to the amendment remain deferred and are being amortized to interest expense over the term of the newly amended agreement. | |||||||||
On April 8, 2014, the Company entered into a $175 million term note maturing April 2024 bearing interest at a fixed rate of 4.533%. The interest rate on the term note increases to 6.283% if the Company is not rated by at least one rating agency or if the Company’s credit rating is downgraded. The proceeds from this term note were used to repay the $115 million outstanding on the Company’s line of credit at April 8, 2014, with the excess proceeds used for acquisitions. | |||||||||
In 2011, the Company entered into a $100 million term note maturing August 5, 2021 bearing interest at a fixed rate of 5.54%. The interest rate on the term note increases to 7.29% if the notes are not rated by at least one rating agency, the credit rating on the notes is downgraded or if the Company’s credit rating is downgraded. The proceeds from this term note were used to fund acquisitions and investments in unconsolidated joint ventures. | |||||||||
The Company also maintains a $150 million unsecured term note maturing April 13, 2016 bearing interest at 6.38%. The interest rate on the $150 million unsecured term note increases to 8.13% if the notes are not rated by at least one rating agency, the credit rating on the notes is downgraded or the Company’s credit rating is downgraded. | |||||||||
The line of credit and term notes require the Company to meet certain financial covenants, measured on a quarterly basis, including prescribed leverage, fixed charge coverage, minimum net worth, limitations on additional indebtedness and limitations on dividend payouts. At December 31, 2014, the Company was in compliance with its debt covenants. | |||||||||
We believe that if operating results remain consistent with historical levels and levels of other debt and liabilities remain consistent with amounts outstanding at December 31, 2014 the entire availability on the line of credit could be drawn without violating our debt covenants. | |||||||||
The Company’s fixed rate term notes contain a provision that allows for the noteholders to call the debt upon a change of control of the Company at an amount that includes a make whole premium based on rates in effect on the date of the change of control. |
Mortgages_Payable_and_Debt_Mat
Mortgages Payable and Debt Maturities | 12 Months Ended | ||||||||||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||
Mortgages Payable and Debt Maturities | 7 | MORTGAGES PAYABLE AND DEBT MATURITIES | |||||||||||||||||||||||||||||||
Mortgages payable at December 31, 2014 and 2013 consist of the following: | |||||||||||||||||||||||||||||||||
(dollars in thousands) | December 31, | December 31, | |||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
5.99% mortgage notes due May 1, 2026, secured by 1 self-storage facility with an aggregate net book value of $4.4 million, principal and interest paid monthly (effective interest rate 6.19%) | 2,127 | 2,254 | |||||||||||||||||||||||||||||||
Total mortgages payable | $ | 2,127 | $ | 2,254 | |||||||||||||||||||||||||||||
The table below summarizes the Company’s debt obligations and interest rate derivatives at December 31, 2014. The estimated fair value of financial instruments is subjective in nature and is dependent on a number of important assumptions, including discount rates and relevant comparable market information associated with each financial instrument. The fair value of the fixed rate term notes and mortgage notes were estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. These assumptions are considered Level 2 inputs within the fair value hierarchy as described in Note 9. The carrying values of our variable rate debt instruments approximate their fair values as these debt instruments bear interest at current market rates that approximate market participant rates. This is considered a Level 2 input within the fair value hierarchy. The use of different market assumptions and estimation methodologies may have a material effect on the reported estimated fair value amounts. Accordingly, the estimates presented below are not necessarily indicative of the amounts the Company would realize in a current market exchange. | |||||||||||||||||||||||||||||||||
Expected Maturity Date Including Discount | |||||||||||||||||||||||||||||||||
(dollars in thousands) | 2015 | 2016 | 2017 | 2018 | 2019 | Thereafter | Total | Fair | |||||||||||||||||||||||||
Value | |||||||||||||||||||||||||||||||||
Line of credit - variable rate LIBOR + 1.30% (1.46% at December 31, 2014) | — | — | — | — | $ | 49,000 | — | $ | 49,000 | $ | 49,000 | ||||||||||||||||||||||
Notes Payable: | |||||||||||||||||||||||||||||||||
Term note - fixed rate 6.38% | — | $ | 150,000 | — | — | — | — | $ | 150,000 | $ | 161,166 | ||||||||||||||||||||||
Term note - variable rate LIBOR+1.40% (1.56% at December 31, 2014) | — | — | — | — | — | $ | 325,000 | $ | 325,000 | $ | 325,000 | ||||||||||||||||||||||
Term note - fixed rate 5.54% | — | — | — | — | — | $ | 100,000 | $ | 100,000 | $ | 111,452 | ||||||||||||||||||||||
Term note - fixed rate 4.533% | — | — | — | — | — | $ | 175,000 | $ | 175,000 | $ | 181,331 | ||||||||||||||||||||||
Mortgage note - fixed rate 5.99% | $ | 134 | $ | 142 | $ | 151 | $ | 160 | $ | 170 | $ | 1,370 | $ | 2,127 | $ | 2,277 | |||||||||||||||||
Interest rate derivatives – liability | — | — | — | — | — | — | — | $ | 13,341 |
Derivative_Financial_Instrumen
Derivative Financial Instruments | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||
Derivative Financial Instruments | 8. DERIVATIVE FINANCIAL INSTRUMENTS | ||||||||||||||||
Interest rate swaps are used to adjust the proportion of total debt that is subject to variable interest rates. The interest rate swaps require the Company to pay an amount equal to a specific fixed rate of interest times a notional principal amount and to receive in return an amount equal to a variable rate of interest times the same notional amount. The notional amounts are not exchanged. No other cash payments are made unless the contract is terminated prior to its maturity, in which case the contract would likely be settled for an amount equal to its fair value. The Company enters into interest rate swaps with a number of major financial institutions to minimize counterparty credit risk. | |||||||||||||||||
The interest rate swaps qualify and are designated as hedges of the amount of future cash flows related to interest payments on variable rate debt. Therefore, the interest rate swaps are recorded in the consolidated balance sheet at fair value and the related gains or losses are deferred in shareholders’ equity as Accumulated Other Comprehensive Loss (“AOCL”). These deferred gains and losses are recognized in interest expense during the period or periods in which the related interest payments affect earnings. However, to the extent that the interest rate swaps are not perfectly effective in offsetting the change in value of the interest payments being hedged, the ineffective portion of these contracts is recognized in earnings immediately. Ineffectiveness was deminimus in 2014, 2013, and 2012. | |||||||||||||||||
The Company has interest rate swap agreements in effect at December 31, 2014 as detailed below to effectively convert a total of $325 million of variable-rate debt to fixed-rate debt. | |||||||||||||||||
Notional Amount | Effective | Expiration | Fixed Rate | Floating | |||||||||||||
Date | Date | Paid | Rate Received | ||||||||||||||
$125 Million | 9/1/11 | 8/1/18 | 2.37 | % | 1 month LIBOR | ||||||||||||
$100 Million | 12/30/11 | 12/29/17 | 1.6125 | % | 1 month LIBOR | ||||||||||||
$100 Million | 9/4/13 | 9/4/18 | 1.371 | % | 1 month LIBOR | ||||||||||||
$100 Million | 12/29/17 | 11/29/19 | 3.968 | % | 1 month LIBOR | ||||||||||||
$125 Million | 8/1/18 | 6/1/20 | 4.193 | % | 1 month LIBOR | ||||||||||||
The interest rate swap agreements are the only derivative instruments, as defined by FASB ASC Topic 815 “Derivatives and Hedging”, held by the Company. During 2014, 2013, and 2012, the net reclassification from AOCL to interest expense was $5.5 million, $5.3 million and $4.9 million, respectively, based on payments made under the swap agreements. Based on current interest rates, the Company estimates that payments under the interest rate swaps will be approximately $5.5 million in 2015. Payments made under the interest rate swap agreements will be reclassified to interest expense as settlements occur. The fair value of the swap agreements, including accrued interest, was a liability of $13.3 million at December 31, 2014, and an asset of $0.8 million and a liability of $7.5 million at December 31, 2013. | |||||||||||||||||
The Company’s agreements with its interest rate swap counterparties contain provisions pursuant to which the Company could be declared in default of its derivative obligations if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender. The interest rate swap agreements also incorporate other loan covenants of the Company. Failure to comply with the loan covenant provisions would result in the Company being in default on the interest rate swap agreements. As of December 31, 2014, the Company had not posted any collateral related to the interest rate swap agreements. If the Company had breached any of these provisions as of December 31, 2014, it could have been required to settle its obligations under the agreements at their net termination value of $13.3 million. | |||||||||||||||||
The changes in AOCL for the years ended December 31, 2014, 2013 and 2012 are summarized as follows: | |||||||||||||||||
(dollars in thousands) | Jan. 1, 2014 | Jan. 1, 2013 | Jan. 1, 2012 | ||||||||||||||
to | to | to | |||||||||||||||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |||||||||||||||
Accumulated other comprehensive loss beginning of period | $ | (6,402 | ) | $ | (15,242 | ) | $ | (10,255 | ) | ||||||||
Realized loss reclassified from accumulated other comprehensive loss to interest expense | 5,506 | 5,299 | 4,889 | ||||||||||||||
Unrealized gain (loss) from changes in the fair value of the effective portion of the interest rate swaps | (12,109 | ) | 3,541 | (9,876 | ) | ||||||||||||
(Loss) gain included in other comprehensive loss | (6,603 | ) | 8,840 | (4,987 | ) | ||||||||||||
Accumulated other comprehensive loss end of period | $ | (13,005 | ) | $ | (6,402 | ) | $ | (15,242 | ) | ||||||||
Fair_Value_Measurements
Fair Value Measurements | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||
Fair Value Measurements | 9. FAIR VALUE MEASUREMENTS | ||||||||||||||||
The Company applies the provisions of ASC Topic 820 “Fair Value Measurements and Disclosures” in determining the fair value of its financial and nonfinancial assets and liabilities. ASC Topic 820 establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration. Level 3 inputs are unobservable inputs based on our own assumptions used to measure assets and liabilities at fair value. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. | |||||||||||||||||
In May 2011 the FASB issued ASU No. 2011-04, Fair Value Measurements (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in US GAAP and International Financial Reporting Standards (“IFRS”) (“ASU 2011-04”). ASU 2011-04 represents the converged guidance of the FASB and the IASB (the “Boards”) on fair value measurements. The collective efforts of the Boards and their staffs, reflected in ASU 2011-04, have resulted in common requirements for measuring fair value and for disclosing information about fair value measurements, including a consistent meaning of the term “fair value.” The Boards have concluded the common requirements will result in greater comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with GAAP and IFRS. The amendments in this ASU were required to be applied prospectively, and were effective for interim and annual periods beginning after December 15, 2011. The Company adopted the provisions of ASU 2011-04 on January 1, 2012 and its adoption did not have a significant impact on the Company’s current fair value measurements or disclosures. The adoption is not expected to have a significant effect on any future fair value measurements or disclosures. | |||||||||||||||||
Refer to Note 7 for presentation of the fair values of debt obligations which are disclosed at fair value on a recurring basis. | |||||||||||||||||
The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2014 (in thousands): | |||||||||||||||||
Asset | Level 1 | Level 2 | Level 3 | ||||||||||||||
(Liability) | |||||||||||||||||
Interest rate swaps | (13,341 | ) | — | (13,341 | ) | — | |||||||||||
Interest rate swaps are over the counter securities with no quoted readily available Level 1 inputs, and therefore are measured at fair value using inputs that are directly observable in active markets and are classified within Level 2 of the valuation hierarchy, using the income approach. | |||||||||||||||||
During 2014, assets and liabilities measured at fair value on a non-recurring basis included the assets acquired and liabilities assumed in connection with the acquisition of 33 storage facilities (see note 4). To determine the fair value of land, the Company used prices per acre derived from observed transactions involving comparable land in similar locations, which is considered a Level 2 input. To determine the fair value of buildings, equipment and improvements, the Company used current replacement cost based on information derived from construction industry data by geographic region which is considered a Level 2 input. The replacement cost is then adjusted for the age, condition, and economic obsolescence associated with these assets, which are considered Level 3 inputs. The fair value of in-place customer leases is based on the rent lost due to the amount of time required to replace existing customers which is based on the Company’s historical experience with turnover at its facilities, which is a Level 3 input. Other assets acquired and liabilities assumed in the acquisitions consist primarily of prepaid or accrued real estate taxes and deferred revenues from advance monthly rentals paid by customers. The fair values of these assets and liabilities are based on their carrying values as they typically turn over within one year from the acquisition date and these are Level 3 inputs. |
Stock_Based_Compensation
Stock Based Compensation | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||
Stock Based Compensation | 10. STOCK BASED COMPENSATION | ||||||||||||||||||||||||
The Company established the 2005 Award and Option Plan (the “Plan”) which replaced the expired 1995 Award and Option Plan for the purpose of attracting and retaining the Company’s executive officers and other key employees. 1,500,000 shares were authorized for issuance under the Plan. Options granted under the Plan vest ratably over four and eight years, and must be exercised within ten years from the date of grant. The exercise price for qualified incentive stock options must be at least equal to the fair market value of the common shares at the date of grant. As of December 31, 2014, options for 82,606 shares were outstanding under the Plans and options for 543,229 shares of common stock were available for future issuance. The Company may also grant other stock-based awards under the Plan, including restricted stock and performance-based vesting restricted stock awards. | |||||||||||||||||||||||||
The Company also established the 2009 Outside Directors’ Stock Option and Award Plan (the “Non-employee Plan”) which replaced the 1995 Outside Directors’ Stock Option Plan for the purpose of attracting and retaining the services of experienced and knowledgeable outside directors. The Non-employee Plan provides for the initial granting of options to purchase 3,500 shares of common stock and for the annual granting of options to purchase 2,000 shares of common stock to each eligible director. Such options vest over a one-year period for initial awards and immediately upon subsequent grants. In addition, each outside director receives non-vested shares annually equal to 80% of the annual fees paid to them. During the restriction period, the non-vested shares may not be sold, transferred, or otherwise encumbered. The holder of the non-vested shares has all rights of a holder of common shares, including the right to vote and receive dividends. During 2014, 1,684 non-vested shares were issued to outside directors. Such non-vested shares vest over a one-year period. The total shares reserved under the Non-employee Plan is 150,000. The exercise price for options granted under the Non-employee Plan is equal to the fair market value at the date of grant. As of December 31, 2014, options for 33,000 common shares and 22,850 of non-vested shares were outstanding under the Non-employee Plans. As of December 31, 2014 options for 84,855 shares of common stock were available for future issuance. | |||||||||||||||||||||||||
A summary of the Company’s stock option activity and related information for the years ended December 31 follows: | |||||||||||||||||||||||||
2014 | 2013 | 2012 | |||||||||||||||||||||||
Options | Weighted | Options | Weighted | Options | Weighted | ||||||||||||||||||||
average | average | average | |||||||||||||||||||||||
exercise | exercise | exercise | |||||||||||||||||||||||
price | price | price | |||||||||||||||||||||||
Outstanding at beginning of year: | 130,568 | $ | 44.82 | 273,248 | $ | 43.45 | 364,268 | $ | 42.76 | ||||||||||||||||
Granted | 14,000 | 76.01 | 8,000 | 69.9 | 9,500 | 49.42 | |||||||||||||||||||
Exercised | (27,462 | ) | 45.34 | (160,515 | ) | 43.72 | (91,520 | ) | 40.82 | ||||||||||||||||
Adjusted / (forfeited) | (1,500 | ) | 40.07 | 9,835 | 36.37 | (9,000 | ) | 39.23 | |||||||||||||||||
Outstanding at end of year | 115,606 | $ | 48.54 | 130,568 | $ | 44.82 | 273,248 | $ | 43.45 | ||||||||||||||||
Exercisable at end of year | 67,316 | $ | 49.18 | 60,382 | $ | 46.85 | 165,667 | $ | 44.56 | ||||||||||||||||
A summary of the Company’s stock options outstanding at December 31, 2014 follows: | |||||||||||||||||||||||||
Outstanding | Exercisable | ||||||||||||||||||||||||
Exercise Price Range | Options | Weighted | Options | Weighted | |||||||||||||||||||||
average | average | ||||||||||||||||||||||||
exercise | exercise | ||||||||||||||||||||||||
price | price | ||||||||||||||||||||||||
$23.15 – 29.99 | 3,500 | $ | 23.15 | 3,500 | $ | 23.15 | |||||||||||||||||||
$30.00 – 39.99 | 5,000 | $ | 35.56 | 5,000 | $ | 35.56 | |||||||||||||||||||
$40.00 – 59.99 | 87,106 | $ | 44.41 | 44,816 | $ | 45.16 | |||||||||||||||||||
$60.00 – 76.07 | 20,000 | $ | 74.17 | 14,000 | $ | 73.43 | |||||||||||||||||||
Total | 115,606 | $ | 48.54 | 67,316 | $ | 49.18 | |||||||||||||||||||
Intrinsic value of outstanding stock options at December 31, 2014 | $ | 4,472,123 | |||||||||||||||||||||||
Intrinsic value of exercisable stock options at December 31, 2014 | $ | 2,560,457 | |||||||||||||||||||||||
The intrinsic value of stock options exercised during the years ended December 31, 2014, 2013, and 2012, was $0.9 million, $3.6 million, and $1.1 million respectively. | |||||||||||||||||||||||||
Proceeds from stock options exercised during the years ended December 31, 2014, 2013, and 2012 amounted to $1.2 million, $7.0 million, and $3.7 million respectively. | |||||||||||||||||||||||||
The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the quoted price of the Company’s common stock at December 31, 2014, or the price on the date of exercise for those exercised during the year. As of December 31, 2014, there was approximately $0.2 million of total unrecognized compensation cost related to stock option compensation arrangements granted under our stock award plans. That cost is expected to be recognized over a weighted-average period of approximately 1.6 years. The weighted average remaining contractual life of all options is 4.8 years, and for exercisable options is 5.2 years. | |||||||||||||||||||||||||
Non-vested stock | |||||||||||||||||||||||||
The Company has also issued shares of non-vested stock to employees which vest over one to nine year periods. During the restriction period, the non-vested shares may not be sold, transferred, or otherwise encumbered. The holder of the non-vested shares has all rights of a holder of common shares, including the right to vote and receive dividends. For issuances of non-vested stock during the year ended December 31, 2014, the fair market value of the non-vested stock on the date of grant ranged from $46.95 to $87.92. During 2014, 92,665 shares of non-vested stock were issued to employees and directors with an aggregate fair value of $5.6 million. The Company charges additional paid-in capital for the market value of shares as they are issued. The unearned portion is then amortized and charged to expense over the vesting period. The Company uses the average of the high and low price of its common stock on the date the award is granted as the fair value for non-vested stock awards that don’t have a market condition. | |||||||||||||||||||||||||
A summary of the status of unvested shares of stock issued to employees and directors as of and during the years ended December 31 follows: | |||||||||||||||||||||||||
2014 | 2013 | 2012 | |||||||||||||||||||||||
Non-vested | Weighted | Non-vested | Weighted | Non-vested | Weighted | ||||||||||||||||||||
Shares | average | Shares | average | Shares | average | ||||||||||||||||||||
grant date | grant date | grant date | |||||||||||||||||||||||
fair value | fair value | fair value | |||||||||||||||||||||||
Unvested at beginning of year: | 293,196 | $ | 49.2 | 187,535 | $ | 37.36 | 246,634 | $ | 37.93 | ||||||||||||||||
Granted | 92,665 | 60.87 | 189,080 | 54.78 | 2,592 | 49.42 | |||||||||||||||||||
Vested | (72,876 | ) | 53.11 | (83,419 | ) | 35.28 | (60,912 | ) | 40.13 | ||||||||||||||||
Forfeited | (2,522 | ) | 28.66 | — | — | (779 | ) | 41.07 | |||||||||||||||||
Unvested at end of year | 310,463 | $ | 51.93 | 293,196 | $ | 49.2 | 187,535 | $ | 37.36 | ||||||||||||||||
Compensation expense of $4.6 million, $2.9 million and $2.4 million was recognized for the vested portion of non-vested stock grants in 2014, 2013 and 2012, respectively. The fair value of non-vested stock that vested during 2014, 2013 and 2012 was $3.9 million, $2.9 million and $2.4 million, respectively. The total unrecognized compensation cost related to non-vested stock was $14.1 million at December 31, 2014, and the remaining weighted-average period over which this expense will be recognized was 2.7 years. | |||||||||||||||||||||||||
Performance-based vesting restricted stock | |||||||||||||||||||||||||
The Company granted a total of 60,654 performance shares under the Plan during 2014 which are included above. In 2013, the Company granted 87,040 performance shares under the Plan which are also included above. Performance shares granted are based upon the Company’s performance over a three year period depending on the Company’s total shareholder return relative to a group of peer companies. Performance based nonvested shares are recognized as compensation expense based on fair value on date of grant, the number of shares ultimately expected to vest and the vesting period. For accounting purposes, the performance shares are considered to have a market condition. The effect of the market condition is reflected in the grant date fair value of the award and, thus compensation expense is recognized on this type of award provided that the requisite service is rendered (regardless of whether the market condition is achieved). The Company estimated the fair value of each performance share granted under the Plan on the date of grant using a Monte Carlo simulation that uses the assumptions noted in Note 2. | |||||||||||||||||||||||||
During 2014, compensation expense of $1.2 million (included in the $4.6 million discussed above) was recognized for the performance shares granted in 2011, 2013 and 2014. The total unrecognized compensation cost related to non-vested performance shares was $4.7 million at December 31, 2014 and the weighted-average period over which this expense will be recognized is 2.4 years. | |||||||||||||||||||||||||
Deferred compensation plan for directors | |||||||||||||||||||||||||
Under the Deferred Compensation Plan for Directors, non-employee Directors may defer all or part of their Directors’ fees that are otherwise payable in cash. Directors’ fees that are deferred under this plan are credited to each Directors’ account under the plan in the form of Units. The number of Units credited is determined by dividing the amount of Directors’ fees deferred by the closing price of the Company’s Common Stock on the New York Stock Exchange on the day immediately preceding the day upon which Directors’ fees otherwise would be paid by the Company. A Director is credited with additional Units for dividends on the shares of Common Stock represented by Units in such Directors’ Account. A Director may elect to receive the shares in a lump sum on a date specified by the Director or in quarterly or annual installments over a specified period and commencing on a specified date. The Directors may not elect to receive cash in lieu of shares. Under this plan there were a total of 45,505 units outstanding at December 31, 2014. Fees that were earned and credited to Directors’ accounts are recorded as compensation expense which totaled $0.1 million, $0.1 million and $0.1 million in 2014, 2013 and 2012, respectively. |
Retirement_Plan
Retirement Plan | 12 Months Ended |
Dec. 31, 2014 | |
Compensation and Retirement Disclosure [Abstract] | |
Retirement Plan | 11. RETIREMENT PLAN |
Employees of the Company qualifying under certain age and service requirements are eligible to be a participant in a | |
401(k) Plan. The Company contributes to the Plan at the rate of 25% of the first 4% of gross wages that the employee contributes. Total expense to the Company was approximately $192,000, $78,000, and $69,000 for the years ended December 31, 2014, 2013 and 2012, respectively. | |
Investment_in_Joint_Ventures
Investment in Joint Ventures | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Equity Method Investments and Joint Ventures [Abstract] | |||||||||||||
Investment in Joint Ventures | 12. INVESTMENT IN JOINT VENTURES | ||||||||||||
The Company has a 20% ownership interest in Sovran HHF Storage Holdings LLC (“Sovran HHF”), a joint venture that was formed in May 2008 to acquire self-storage properties that are managed by the Company. The carrying value of the Company’s investment at December 31, 2014 and 2013 was $45.2 million and $17.4 million, respectively. Twenty-five properties were acquired by Sovran HHF in 2008 for approximately $171.5 million and 14 additional properties were acquired by Sovran HHF in 2014 for $187.2 million. In 2008, the Company contributed $18.6 million to the joint venture as its share of capital required to fund the acquisitions. In 2012 the Company contributed an additional $1.2 million to the joint venture. In 2013 the Company received a return of capital distribution of $3.4 million as part of the refinancing of Sovran HHF. In 2014 the Company contributed an additional $28.6 million in cash to the joint venture as its share of capital required to fund acquisitions. As of December 31, 2014, the carrying value of the Company’s investment in Sovran HHF exceeds its share of the underlying equity in net assets of Sovran HHF by approximately $1.7 million as a result of the capitalization of certain acquisition related costs in 2008. This difference is included in the carrying value of the investment, which is assessed for other-than-temporary impairment on a periodic basis. No other-than-temporary impairments have been recorded on this investment. | |||||||||||||
The Company has a 15% ownership interest in Sovran HHF Storage Holdings II LLC (“Sovran HHF II”), a joint venture that was formed in 2011 to acquire self-storage properties that are managed by the Company. The carrying value of the Company’s investment at December 31, 2014 and 2013 was $12.6 million and $13.0, respectively. Twenty properties were acquired by Sovran HHF II during 2011 for approximately $166.1 million. During 2011, the Company contributed $12.8 million to the joint venture as its share of capital required to fund the acquisitions. Ten additional properties were acquired by Sovran HHF II during 2012 for approximately $29 million. During 2012, the Company contributed $2.4 million to the joint venture as its share of capital required to fund the acquisitions. The carrying value of this investment is assessed for other-than-temporary impairment on a periodic basis and no such impairments have been recorded on this investment. | |||||||||||||
As manager of Sovran HHF and Sovran HHF II, the Company earns a management and call center fee of 7% of gross revenues which totaled $3.9 million, $3.4 million, and $3.0 million for 2014, 2013, and 2012, respectively. The Company also received an acquisition fee of $0.4 million and $0.1 million, for securing purchases for Sovran HHF and Sovran HHF II in 2014 and 2012, respectively. The Company’s share of Sovran HHF and Sovran HHF II’s income for 2014, 2013 and 2012 was $1.9 million, $1.9 million, and $0.9 million, respectively. | |||||||||||||
The Company also has a 49% ownership interest in Iskalo Office Holdings, LLC, which owns the building that houses the Company’s headquarters and other tenants. The carrying value of the Company’s investment is a liability of $0.5 million and $0.5 million at December 31, 2014 and 2013, respectively, and is included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets. For the years ended December 31, 2014, 2013, and 2012, the Company’s share of Iskalo Office Holdings, LLC’s income (loss) was $107,000, $59,000, and ($18,000), respectively. The Company paid rent to Iskalo Office Holdings, LLC of $1.0 million, $0.8 million and $0.7 million in 2014, 2013, and 2012, respectively. | |||||||||||||
A summary of the unconsolidated joint ventures’ financial statements as of and for the year ended December 31, 2014 is as follows: | |||||||||||||
(dollars in thousands) | Sovran HHF | Sovran HHF | Iskalo Office | ||||||||||
Storage | Storage | Holdings, LLC | |||||||||||
Holdings LLC | Holdings II LLC | ||||||||||||
Balance Sheet Data: | |||||||||||||
Investment in storage facilities, net | $ | 341,817 | $ | 185,214 | $ | — | |||||||
Investment in office building | — | — | 5,005 | ||||||||||
Other assets | 5,408 | 3,711 | 3,386 | ||||||||||
Total Assets | $ | 347,225 | $ | 188,925 | $ | 8,391 | |||||||
Due to the Company | $ | 260 | $ | 333 | $ | — | |||||||
Mortgages payable | 124,888 | 102,884 | 9,267 | ||||||||||
Other liabilities | 4,651 | 1,792 | 402 | ||||||||||
Total Liabilities | 129,799 | 105,009 | 9,669 | ||||||||||
Unaffiliated partners’ equity (deficiency) | 173,941 | 71,335 | (729 | ) | |||||||||
Company equity (deficiency) | 43,485 | 12,581 | (549 | ) | |||||||||
Total Partners’ Equity (Deficiency) | 217,426 | 83,916 | (1,278 | ) | |||||||||
Total Liabilities and Partners’ Equity (Deficiency) | $ | 347,225 | $ | 188,925 | $ | 8,391 | |||||||
Income Statement Data: | |||||||||||||
Total revenues | $ | 26,508 | $ | 28,502 | $ | 1,405 | |||||||
Property operating expenses | (8,336 | ) | (9,809 | ) | (571 | ) | |||||||
Administrative, management and call center fees | (1,954 | ) | (2,113 | ) | — | ||||||||
Acquisition costs | (1,837 | ) | — | — | |||||||||
Depreciation and amortization of customer list | (5,099 | ) | (4,163 | ) | (236 | ) | |||||||
Amortization of financing fees | (190 | ) | (203 | ) | (14 | ) | |||||||
Income tax expense | (151 | ) | (461 | ) | — | ||||||||
Interest expense | (4,475 | ) | (5,142 | ) | (365 | ) | |||||||
Net income | $ | 4,466 | $ | 6,611 | $ | 219 | |||||||
The Company does not guarantee the debt of Sovran HHF, Sovran HHF II, or Iskalo Office Holdings, LLC. | |||||||||||||
We do not expect to have material future cash outlays relating to these joint ventures outside our share of capital for future acquisitions of properties. A summary of our cash flows arising from the off-balance sheet arrangements with Sovran HHF, Sovran HHF II and Iskalo Office Holdings, LLC for the three years ended December 31, 2014 are as follows: | |||||||||||||
Year ended December 31, | |||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||
Statement of Operations | |||||||||||||
Other operating income (management fees and acquisition fee income) | $ | 4,231 | $ | 3,358 | $ | 3,177 | |||||||
General and administrative expenses (corporate office rent) | 1,023 | 811 | 704 | ||||||||||
Equity in income (losses) of joint ventures | 2,086 | 1,948 | 936 | ||||||||||
Distributions from unconsolidated joint ventures | 3,123 | 2,630 | 2,184 | ||||||||||
Receipts from (advances to) joint ventures | 590 | (27 | ) | (242 | ) | ||||||||
Investing activities | |||||||||||||
Investment in unconsolidated joint ventures | (28,650 | ) | (4,237 | ) | (3,571 | ) | |||||||
Return of capital from unconsolidated joint ventures | — | 7,360 | — |
Shareholders_Equity
Shareholders' Equity | 12 Months Ended | |
Dec. 31, 2014 | ||
Equity [Abstract] | ||
Shareholders' Equity | 13 | SHAREHOLDERS’ EQUITY |
On May 12, 2014, the Company entered into a continuous equity offering program (“Equity Program”) with Wells Fargo Securities, LLC (“Wells Fargo”), Jefferies LLC (“Jefferies”), SunTrust Robinson Humphrey, Inc. (“SunTrust”), Piper Jaffray & Co. (“Piper”), HSBC Securities (USA) Inc. (“HSBC”), and BB&T Capital Markets, a division of BB&T Securities, LLC (“BB&T”), pursuant to which the Company may sell from time to time up to $225 million in aggregate offering price of shares of the Company’s common stock. Actual sales under the Equity Program will depend on a variety of factors and conditions, including, but not limited to, market conditions, the trading price of the Company’s common stock, and determinations of the appropriate sources of funding for the Company. The Company expects to continue to offer, sell, and issue shares of common stock under the Equity Program from time to time based on various factors and conditions, although the Company is under no obligation to sell any shares under the Equity Program. | ||
During 2014, the Company issued 924,403 shares of common stock under the Equity Program at a weighted average issue price of $79.77 per share, generating net proceeds of $72.8 million after deducting $0.9 million of sales commissions paid to Piper, HSBC and BB&T. As of December 31, 2014, the Company had $151.3 million available for issuance under the Equity Program. | ||
During the three months ended March 31, 2014, the Company issued 359,102 shares of common stock under a previous equity program at a weighted average issue price of $74.32 per share, generating net proceeds of $26.4 million after deducting $0.3 million of sales commissions payable to SunTrust. | ||
In addition to sales commissions, the Company incurred expenses of $0.2 million in connection with these equity programs during 2014. The Company used the proceeds from the equity programs to fund a portion of the acquisition of 33 storage facilities. | ||
In 2013, the Company implemented a Dividend Reinvestment Plan. The Company issued 171,854 shares under the plan in 2014. |
Supplementary_Quarterly_Financ
Supplementary Quarterly Financial Data (Unaudited) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||||
Supplementary Quarterly Financial Data (Unaudited) | 14. SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED) | ||||||||||||||||
The following is a summary of quarterly results of operations for the years ended December 31, 2014 and 2013 (dollars in thousands, except per share data): | |||||||||||||||||
2014 Quarter Ended | |||||||||||||||||
March 31 | June 30 | Sept. 30 | Dec. 31 | ||||||||||||||
Operating revenue | $ | 75,457 | $ | 80,444 | $ | 85,249 | $ | 84,930 | |||||||||
Income from continuing operations | 16,775 | 20,701 | 25,743 | 25,838 | |||||||||||||
Income from discontinued operations | — | — | — | — | |||||||||||||
Net Income | 16,775 | 20,701 | 25,743 | 25,838 | |||||||||||||
Net income attributable to common shareholders | 16,673 | 20,576 | 25,589 | 25,693 | |||||||||||||
Net Income Per Share Attributable to Common Shareholders | |||||||||||||||||
Basic | $ | 0.51 | $ | 0.63 | $ | 0.77 | $ | 0.76 | |||||||||
Diluted | $ | 0.51 | $ | 0.62 | $ | 0.77 | $ | 0.76 | |||||||||
2013 Quarter Ended | |||||||||||||||||
March 31 | June 30 | Sept. 30 | Dec. 31 | ||||||||||||||
Operating revenue (a) | $ | 63,878 | $ | 67,109 | $ | 70,455 | $ | 72,065 | |||||||||
Income from continuing operations (a) | 14,204 | 17,816 | 19,552 | 19,900 | |||||||||||||
Income from discontinued operations (a) | 168 | 236 | 247 | 2,472 | |||||||||||||
Net Income | 14,372 | 18,052 | 19,799 | 22,371 | |||||||||||||
Net income attributable to common shareholders | 14,280 | 17,937 | 19,675 | 22,234 | |||||||||||||
Net Income Per Share Attributable to Common Shareholders | |||||||||||||||||
Basic | $ | 0.47 | $ | 0.57 | $ | 0.63 | $ | 0.7 | |||||||||
Diluted | $ | 0.47 | $ | 0.57 | $ | 0.62 | $ | 0.69 | |||||||||
(a) | March, June and September data from 2013 as presented in this table differ from the amounts as presented in the Company’s quarterly reports due to the impact of discontinued operations accounting with respect to the four properties sold in 2013 as described in Note 5. |
Commitments_and_Contingencies
Commitments and Contingencies | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||
Commitments and Contingencies | 15. COMMITMENTS AND CONTINGENCIES | ||||||||||||||||
The Company’s current practice is to conduct environmental investigations in connection with property acquisitions. At this time, the Company is not aware of any environmental contamination of any of its facilities that individually or in the aggregate would be material to the Company’s overall business, financial condition, or results of operations. | |||||||||||||||||
Future minimum lease payments on the lease of the four storage facilities, a building lease, and the lease of the Company’s headquarters are as follows (dollars in thousands): | |||||||||||||||||
Four | Building | Corporate | Total | ||||||||||||||
Storage | Lease | Headquarters | |||||||||||||||
Facilities | |||||||||||||||||
2015 | $ | 537 | $ | 48 | $ | 896 | $ | 1,481 | |||||||||
2016 | — | 48 | 914 | 962 | |||||||||||||
2017 | — | 48 | 924 | 972 | |||||||||||||
2018 | — | 48 | 924 | 972 | |||||||||||||
2019 | — | 51 | 924 | 975 | |||||||||||||
Thereafter | — | 211 | 3,167 | 3,378 | |||||||||||||
Total | $ | 537 | $ | 454 | $ | 7,749 | $ | 8,740 | |||||||||
On November 1, 2013, the Company completed certain transactions with respect to the lease of four self storage facilities in New York and Connecticut with annual lease payments of $6 million with a provision for 4% annual increases, and an exclusive option to purchase the facilities for $120 million. The leases commenced November 1, 2013 and run through December 31, 2028. The Company has an option to purchase the facilities during the period from February 2, 2015 through September 2, 2016. The operating results of the leased facilities have been included in the Company’s operations since November 1, 2013. On November 10, 2014, the Company exercised its option to purchase the facilities and the purchase transaction closed on February 2, 2015. | |||||||||||||||||
At December 31, 2014, the Company was under contract to acquire seven self-storage facilities for cash consideration of approximately $143.7 million. Five of the properties were acquired in February 2015 from unrelated parties for $126.8 million, which included the four properties operated by the Company under a lease agreement. The Company has not yet determined the assignment of the purchase prices of these five facilities to the individual assets acquired. These acquisitions were funded with draws on the Company’s line of credit. The line of credit balance outstanding after the funding of the five acquisitions was $187 million. The following is a summary of the 2015 acquisitions (dollars in thousands): | |||||||||||||||||
State | Number of | Date of | Purchase | ||||||||||||||
Properties | Acquisition | Price | |||||||||||||||
New York, Connecticut | 4 | 2/2/15 | $ | 120,000 | |||||||||||||
Illinois | 1 | 2/5/15 | 6,800 | ||||||||||||||
Total acquired 2015 | 5 | $ | 126,800 | ||||||||||||||
The purchase of the remaining facilities by the Company is subject to customary conditions to closing, and there is no assurance that this facility will be acquired. | |||||||||||||||||
At December 31, 2014, the Company has signed contracts in place with third party contractors for expansion and enhancements at its existing facilities. The Company expects to pay $10.1 million under these contracts in 2015. | |||||||||||||||||
On or about August 25, 2014, a putative class action was filed against the Company in the Superior Court of New Jersey Law Division Burlington County. The action seeks to obtain declaratory, injunctive and monetary relief for a class of consumers based upon alleged violations by the Company of the New Jersey Truth in Customer Contract, Warranty and Notice Act, the New Jersey Consumer Fraud Act and the New Jersey Insurance Producer Licensing Act. On October 17, 2014, the action was removed from the Superior Court of New Jersey Law Division Burlington County to the United States District Court for the District of New Jersey. The Company intends to vigorously defend the action, and the possibility of any adverse outcome cannot be determined at this time. |
Subsequent_Events
Subsequent Events | 12 Months Ended | |
Dec. 31, 2014 | ||
Subsequent Events [Abstract] | ||
Subsequent Events | 16 | SUBSEQUENT EVENTS |
On January 5, 2015, the Company declared a quarterly dividend of $0.75 per common share. The dividend was paid on January 26, 2015 to shareholders of record on January 16, 2015. The total dividend paid amounted to $25.5 million. |
Schedule_III_Combined_Real_Est
Schedule III Combined Real Estate and Accumulated Depreciation | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||
Schedule III Combined Real Estate and Accumulated Depreciation | Sovran Self Storage, Inc. | ||||||||||||||||||||||||||||||||||||||||||||
Schedule III | |||||||||||||||||||||||||||||||||||||||||||||
Combined Real Estate and Accumulated Depreciation | |||||||||||||||||||||||||||||||||||||||||||||
(in thousands) | |||||||||||||||||||||||||||||||||||||||||||||
December 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Charleston | SC | 416 | 1,516 | 2,194 | 416 | 3,710 | 4,126 | 1,378 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lakeland | FL | 397 | 1,424 | 1,626 | 397 | 3,050 | 3,447 | 1,128 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte | NC | 308 | 1,102 | 3,394 | 747 | 4,057 | 4,804 | 1,016 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Youngstown | OH | 239 | 1,110 | 2,444 | 239 | 3,554 | 3,793 | 1,112 | 1980 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 701 | 1,659 | 1,408 | 1,036 | 2,732 | 3,768 | 1,198 | 1987 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pt. St. Lucie | FL | 395 | 1,501 | 978 | 779 | 2,095 | 2,874 | 1,091 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Orlando - Deltona | FL | 483 | 1,752 | 2,223 | 483 | 3,975 | 4,458 | 1,567 | 1984 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Middletown | NY | 224 | 808 | 957 | 224 | 1,765 | 1,989 | 845 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo | NY | 423 | 1,531 | 3,451 | 497 | 4,908 | 5,405 | 1,715 | 1981 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Rochester | NY | 395 | 1,404 | 613 | 395 | 2,017 | 2,412 | 986 | 1981 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville | FL | 152 | 728 | 3,846 | 687 | 4,039 | 4,726 | 860 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbia | SC | 268 | 1,248 | 637 | 268 | 1,885 | 2,153 | 904 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston | MA | $ | 363 | $ | 1,679 | $ | 791 | $ | 363 | 2,470 | 2,833 | 1,145 | 1980 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||
Rochester | NY | 230 | 847 | 2,237 | 234 | 3,080 | 3,314 | 679 | 1980 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston | MA | 680 | 1,616 | 600 | 680 | 2,216 | 2,896 | 1,074 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Savannah | GA | 463 | 1,684 | 4,915 | 1,445 | 5,617 | 7,062 | 1,949 | 1981 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Greensboro | NC | 444 | 1,613 | 2,990 | 444 | 4,603 | 5,047 | 1,464 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 649 | 2,329 | 1,375 | 649 | 3,704 | 4,353 | 1,608 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hartford-New Haven | CT | 387 | 1,402 | 3,911 | 387 | 5,313 | 5,700 | 1,179 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 844 | 2,021 | 914 | 844 | 2,935 | 3,779 | 1,370 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 302 | 1,103 | 640 | 303 | 1,742 | 2,045 | 808 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo | NY | 315 | 745 | 3,962 | 517 | 4,505 | 5,022 | 1,062 | 1984 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 321 | 1,150 | 778 | 321 | 1,928 | 2,249 | 912 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbia | SC | 361 | 1,331 | 774 | 374 | 2,092 | 2,466 | 1,036 | 1987 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbia | SC | 189 | 719 | 1,138 | 189 | 1,857 | 2,046 | 851 | 1989 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbia | SC | 488 | 1,188 | 1,942 | 488 | 3,130 | 3,618 | 981 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 430 | 1,579 | 2,245 | 602 | 3,652 | 4,254 | 1,331 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Orlando | FL | 513 | 1,930 | 764 | 513 | 2,694 | 3,207 | 1,340 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Sharon | PA | 194 | 912 | 560 | 194 | 1,472 | 1,666 | 700 | 1975 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Lauderdale | FL | 1,503 | 3,619 | 1,012 | 1,503 | 4,631 | 6,134 | 2,003 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
West Palm | FL | 398 | 1,035 | 392 | 398 | 1,427 | 1,825 | 765 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 423 | 1,015 | 533 | 424 | 1,547 | 1,971 | 770 | 1989 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 483 | 1,166 | 1,171 | 483 | 2,337 | 2,820 | 959 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 308 | 1,116 | 718 | 308 | 1,834 | 2,142 | 939 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 170 | 786 | 811 | 174 | 1,593 | 1,767 | 738 | 1981 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 413 | 999 | 777 | 413 | 1,776 | 2,189 | 941 | 1975 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Baltimore | MD | 154 | 555 | 1,469 | 306 | 1,872 | 2,178 | 729 | 1984 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Baltimore | MD | 479 | 1,742 | 2,906 | 479 | 4,648 | 5,127 | 1,643 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Melbourne | FL | 883 | 2,104 | 1,721 | 883 | 3,825 | 4,708 | 1,788 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Newport News | VA | 316 | 1,471 | 973 | 316 | 2,444 | 2,760 | 1,152 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola | FL | 632 | 2,962 | 1,558 | 651 | 4,501 | 5,152 | 2,226 | 1983 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hartford | CT | 715 | 1,695 | 1,243 | 715 | 2,938 | 3,653 | 1,301 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 304 | 1,118 | 2,759 | 619 | 3,562 | 4,181 | 1,330 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Alexandria | VA | 1,375 | 3,220 | 2,617 | 1,376 | 5,836 | 7,212 | 2,561 | 1984 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola | FL | 244 | 901 | 620 | 244 | 1,521 | 1,765 | 776 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Melbourne | FL | 834 | 2,066 | 1,311 | 1,591 | 2,620 | 4,211 | 1,325 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hartford | CT | 234 | 861 | 3,055 | 612 | 3,538 | 4,150 | 1,011 | 1992 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 256 | 1,244 | 2,097 | 256 | 3,341 | 3,597 | 1,307 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Norfolk | VA | 313 | 1,462 | 2,618 | 313 | 4,080 | 4,393 | 1,251 | 1984 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Norfolk II | VA | 278 | 1,004 | 453 | 278 | 1,457 | 1,735 | 746 | 1989 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Birmingham | AL | 307 | 1,415 | 1,866 | 385 | 3,203 | 3,588 | 1,234 | 1990 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Birmingham | AL | 730 | 1,725 | 2,945 | 730 | 4,670 | 5,400 | 1,291 | 1990 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery | AL | 863 | 2,041 | 864 | 863 | 2,905 | 3,768 | 1,441 | 1982 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville | FL | 326 | 1,515 | 627 | 326 | 2,142 | 2,468 | 1,054 | 1987 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola | FL | 369 | 1,358 | 3,040 | 369 | 4,398 | 4,767 | 1,625 | 1986 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola | FL | 244 | 1,128 | 2,776 | 720 | 3,428 | 4,148 | 1,008 | 1990 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola | FL | 226 | 1,046 | 686 | 226 | 1,732 | 1,958 | 869 | 1990 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Tampa | FL | 1,088 | 2,597 | 1,114 | 1,088 | 3,711 | 4,799 | 1,909 | 1989 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater | FL | 526 | 1,958 | 1,255 | 526 | 3,213 | 3,739 | 1,455 | 1985 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater-Largo | FL | 672 | 2,439 | 879 | 672 | 3,318 | 3,990 | 1,576 | 1988 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jackson | MS | 343 | 1,580 | 2,491 | 796 | 3,618 | 4,414 | 1,279 | 1990 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jackson | MS | 209 | 964 | 783 | 209 | 1,747 | 1,956 | 877 | 1990 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Richmond | VA | 443 | 1,602 | 1,053 | 443 | 2,655 | 3,098 | 1,219 | 1987 | 8/25/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Orlando | FL | 1,161 | 2,755 | 1,262 | 1,162 | 4,016 | 5,178 | 1,949 | 1986 | 9/29/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Birmingham | AL | 424 | 1,506 | 1,170 | 424 | 2,676 | 3,100 | 1,259 | 1970 | 1/16/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Harrisburg | PA | 360 | 1,641 | 694 | 360 | 2,335 | 2,695 | 1,167 | 1983 | 12/29/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Harrisburg | PA | 627 | 2,224 | 3,837 | 692 | 5,996 | 6,688 | 1,750 | 1985 | 12/29/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Syracuse | NY | 470 | 1,712 | 1,428 | 472 | 3,138 | 3,610 | 1,349 | 1987 | 12/27/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Myers | FL | 205 | 912 | 374 | 206 | 1,285 | 1,491 | 744 | 1988 | 12/28/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Myers | FL | 412 | 1,703 | 695 | 413 | 2,397 | 2,810 | 1,295 | 1991/94 | 12/28/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Newport News | VA | 442 | 1,592 | 1,393 | 442 | 2,985 | 3,427 | 1,203 | 1988/93 | 1/5/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery | AL | 353 | 1,299 | 859 | 353 | 2,158 | 2,511 | 915 | 1984 | 1/23/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charleston | SC | 237 | 858 | 847 | 232 | 1,710 | 1,942 | 776 | 1985 | 3/1/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Tampa | FL | 766 | 1,800 | 725 | 766 | 2,525 | 3,291 | 1,189 | 1985 | 3/28/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Ft.Worth | TX | 442 | 1,767 | 399 | 442 | 2,166 | 2,608 | 1,032 | 1987 | 3/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Ft.Worth | TX | 408 | 1,662 | 1,215 | 408 | 2,877 | 3,285 | 1,268 | 1986 | 3/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Ft.Worth | TX | 328 | 1,324 | 449 | 328 | 1,773 | 2,101 | 830 | 1986 | 3/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio | TX | 436 | 1,759 | 1,345 | 436 | 3,104 | 3,540 | 1,337 | 1986 | 3/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio | TX | 289 | 1,161 | 2,381 | 289 | 3,542 | 3,831 | 180 | 2012 | 3/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Syracuse | NY | 481 | 1,559 | 2,505 | 671 | 3,874 | 4,545 | 1,545 | 1983 | 6/5/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery | AL | 279 | 1,014 | 1,354 | 433 | 2,214 | 2,647 | 850 | 1988 | 5/21/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
West Palm | FL | 345 | 1,262 | 502 | 345 | 1,764 | 2,109 | 795 | 1986 | 5/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Myers | FL | 229 | 884 | 2,822 | 383 | 3,552 | 3,935 | 653 | 1986 | 5/29/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lakeland | FL | 359 | 1,287 | 1,257 | 359 | 2,544 | 2,903 | 1,175 | 1988 | 6/26/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston - Springfield | MA | 251 | 917 | 2,376 | 297 | 3,247 | 3,544 | 1,371 | 1986 | 6/28/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Myers | FL | 344 | 1,254 | 574 | 310 | 1,862 | 2,172 | 855 | 1987 | 6/28/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cincinnati | OH | 557 | 1,988 | 936 | 689 | 2,792 | 3,481 | 709 | 1988 | 7/23/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Baltimore | MD | 777 | 2,770 | 587 | 777 | 3,357 | 4,134 | 1,545 | 1990 | 7/26/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville | FL | 568 | 2,028 | 1,212 | 568 | 3,240 | 3,808 | 1,518 | 1987 | 8/23/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville | FL | 436 | 1,635 | 788 | 436 | 2,423 | 2,859 | 1,119 | 1985 | 8/26/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville | FL | 535 | 2,033 | 530 | 538 | 2,560 | 3,098 | 1,274 | 1987/92 | 8/30/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte | NC | 487 | 1,754 | 652 | 487 | 2,406 | 2,893 | 1,036 | 1995 | 9/16/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte | NC | 315 | 1,131 | 481 | 315 | 1,612 | 1,927 | 731 | 1995 | 9/16/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Orlando | FL | 314 | 1,113 | 1,258 | 314 | 2,371 | 2,685 | 1,025 | 1975 | 10/30/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Rochester | NY | 704 | 2,496 | 2,458 | 707 | 4,951 | 5,658 | 1,722 | 1990 | 12/20/96 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Youngstown | OH | 600 | 2,142 | 2,292 | 693 | 4,341 | 5,034 | 1,520 | 1988 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 751 | 2,676 | 4,123 | 751 | 6,799 | 7,550 | 1,999 | 1986 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 725 | 2,586 | 2,226 | 725 | 4,812 | 5,537 | 1,857 | 1978 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 637 | 2,918 | 1,966 | 701 | 4,820 | 5,521 | 2,307 | 1979 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 495 | 1,781 | 1,132 | 495 | 2,913 | 3,408 | 1,306 | 1979 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 761 | 2,714 | 1,637 | 761 | 4,351 | 5,112 | 1,921 | 1977 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 418 | 1,921 | 2,893 | 418 | 4,814 | 5,232 | 1,689 | 1970 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland | OH | 606 | 2,164 | 1,477 | 606 | 3,641 | 4,247 | 1,407 | 1982 | 1/10/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio | TX | 474 | 1,686 | 531 | 504 | 2,187 | 2,691 | 938 | 1981 | 1/30/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio | TX | 346 | 1,236 | 546 | 346 | 1,782 | 2,128 | 772 | 1985 | 1/30/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio | TX | 432 | 1,560 | 1,969 | 432 | 3,529 | 3,961 | 1,418 | 1995 | 1/30/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 634 | 2,565 | 1,449 | 634 | 4,014 | 4,648 | 1,690 | 1993/95 | 3/26/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 566 | 2,279 | 511 | 566 | 2,790 | 3,356 | 1,218 | 1995 | 3/26/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 293 | 1,357 | 638 | 293 | 1,995 | 2,288 | 834 | 1995 | 3/26/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lynchburg-Lakeside | VA | 335 | 1,342 | 1,527 | 335 | 2,869 | 3,204 | 1,145 | 1982 | 3/31/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lynchburg-Timberlake | VA | 328 | 1,315 | 1,111 | 328 | 2,426 | 2,754 | 1,070 | 1985 | 3/31/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lynchburg-Amherst | VA | 155 | 710 | 464 | 152 | 1,177 | 1,329 | 555 | 1987 | 3/31/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chesapeake | VA | 260 | 1,043 | 3,482 | 260 | 4,525 | 4,785 | 1,222 | 1988/95 | 3/31/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Orlando-W 25th St | FL | 289 | 1,160 | 2,106 | 616 | 2,939 | 3,555 | 773 | 1984 | 3/31/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Delray | FL | 491 | 1,756 | 730 | 491 | 2,486 | 2,977 | 1,184 | 1969 | 4/11/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Savannah | GA | 296 | 1,196 | 578 | 296 | 1,774 | 2,070 | 768 | 1988 | 5/8/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Delray | FL | 921 | 3,282 | 655 | 921 | 3,937 | 4,858 | 1,808 | 1980 | 5/21/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cleveland-Avon | OH | 301 | 1,214 | 2,275 | 304 | 3,486 | 3,790 | 1,238 | 1989 | 6/4/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 965 | 3,864 | 1,553 | 943 | 5,439 | 6,382 | 2,370 | 1977 | 6/30/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 370 | 1,486 | 743 | 370 | 2,229 | 2,599 | 1,048 | 1975 | 6/30/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta-Alpharetta | GA | 1,033 | 3,753 | 690 | 1,033 | 4,443 | 5,476 | 1,974 | 1994 | 7/24/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta-Marietta | GA | 769 | 2,788 | 577 | 825 | 3,309 | 4,134 | 1,465 | 1996 | 7/24/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta-Doraville | GA | 735 | 3,429 | 456 | 735 | 3,885 | 4,620 | 1,765 | 1995 | 8/21/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Greensboro-Hilltop | NC | 268 | 1,097 | 431 | 231 | 1,565 | 1,796 | 699 | 1995 | 9/25/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Greensboro-StgCch | NC | 89 | 376 | 1,729 | 89 | 2,105 | 2,194 | 788 | 1997 | 9/25/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Baton Rouge-Airline | LA | 396 | 1,831 | 1,115 | 421 | 2,921 | 3,342 | 1,202 | 1982 | 10/9/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Baton Rouge-Airline2 | LA | 282 | 1,303 | 435 | 282 | 1,738 | 2,020 | 794 | 1985 | 11/21/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Harrisburg-Peiffers | PA | 635 | 2,550 | 669 | 637 | 3,217 | 3,854 | 1,430 | 1984 | 12/3/97 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chesapeake-Military | VA | 542 | 2,210 | 486 | 542 | 2,696 | 3,238 | 1,144 | 1996 | 2/5/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chesapeake-Volvo | VA | 620 | 2,532 | 1,233 | 620 | 3,765 | 4,385 | 1,503 | 1995 | 2/5/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Virginia Beach-Shell | VA | 540 | 2,211 | 431 | 540 | 2,642 | 3,182 | 1,154 | 1991 | 2/5/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Virginia Beach-Central | VA | 864 | 3,994 | 1,074 | 864 | 5,068 | 5,932 | 2,131 | 1993/95 | 2/5/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Norfolk-Naval Base | VA | 1,243 | 5,019 | 947 | 1,243 | 5,966 | 7,209 | 2,534 | 1975 | 2/5/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Tampa-E.Hillsborough | FL | 709 | 3,235 | 897 | 709 | 4,132 | 4,841 | 1,863 | 1985 | 2/4/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Northbridge | MA | 441 | 1,788 | 1,092 | 694 | 2,627 | 3,321 | 643 | 1988 | 2/9/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Middletown-Harriman | NY | 843 | 3,394 | 784 | 843 | 4,178 | 5,021 | 1,811 | 1989/95 | 2/4/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Greensboro-High Point | NC | 397 | 1,834 | 658 | 397 | 2,492 | 2,889 | 1,087 | 1993 | 2/10/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lynchburg-Timberlake | VA | 488 | 1,746 | 716 | 488 | 2,462 | 2,950 | 1,016 | 1990/96 | 2/18/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Titusville | FL | 492 | 1,990 | 1,163 | 688 | 2,957 | 3,645 | 756 | 1986/90 | 2/25/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Salem | MA | 733 | 2,941 | 1,372 | 733 | 4,313 | 5,046 | 1,923 | 1979 | 3/3/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Providence | RI | 345 | 1,268 | 2,032 | 486 | 3,159 | 3,645 | 1,001 | 1984 | 6/26/95 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chattanooga-Lee Hwy | TN | 384 | 1,371 | 617 | 384 | 1,988 | 2,372 | 903 | 1987 | 3/27/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chattanooga-Hwy 58 | TN | 296 | 1,198 | 2,225 | 414 | 3,305 | 3,719 | 1,098 | 1985 | 3/27/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Oglethorpe | GA | 349 | 1,250 | 1,737 | 464 | 2,872 | 3,336 | 888 | 1989 | 3/27/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Birmingham-Walt | AL | 544 | 1,942 | 1,301 | 544 | 3,243 | 3,787 | 1,366 | 1984 | 3/27/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Providence | RI | 702 | 2,821 | 3,846 | 702 | 6,667 | 7,369 | 1,920 | 1984/88 | 3/26/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 775 | 3,103 | 911 | 775 | 4,014 | 4,789 | 1,677 | 1988/91 | 4/9/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 940 | 3,763 | 837 | 940 | 4,600 | 5,540 | 1,965 | 1990/96 | 4/9/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Salem-Policy | NH | 742 | 2,977 | 532 | 742 | 3,509 | 4,251 | 1,474 | 1980 | 4/7/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Youngstown-Warren | OH | 522 | 1,864 | 1,382 | 569 | 3,199 | 3,768 | 1,280 | 1986 | 4/22/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Youngstown-Warren | OH | 512 | 1,829 | 2,031 | 633 | 3,739 | 4,372 | 1,329 | 1986 | 4/22/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Melbourne | FL | 662 | 2,654 | 1,916 | 662 | 4,570 | 5,232 | 1,230 | 1985 | 6/2/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jackson | MS | 744 | 3,021 | 251 | 744 | 3,272 | 4,016 | 1,384 | 1995 | 5/13/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Katy | TX | 419 | 1,524 | 3,974 | 419 | 5,498 | 5,917 | 1,347 | 1994 | 5/20/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hollywood-Sheridan | FL | 1,208 | 4,854 | 630 | 1,208 | 5,484 | 6,692 | 2,324 | 1988 | 7/1/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pompano Beach-Atlantic | FL | 944 | 3,803 | 573 | 944 | 4,376 | 5,320 | 1,941 | 1985 | 7/1/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pompano Beach-Sample | FL | 903 | 3,643 | 456 | 903 | 4,099 | 5,002 | 1,756 | 1988 | 7/1/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boca Raton-18th St | FL | 1,503 | 6,059 | -1,966 | 851 | 4,745 | 5,596 | 2,027 | 1991 | 7/1/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Vero Beach | FL | 489 | 1,813 | 1,710 | 584 | 3,428 | 4,012 | 945 | 1997 | 6/12/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Humble | TX | 447 | 1,790 | 2,454 | 740 | 3,951 | 4,691 | 1,332 | 1986 | 6/16/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Webster | TX | 635 | 2,302 | 235 | 635 | 2,537 | 3,172 | 1,059 | 1997 | 6/19/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 548 | 1,988 | 394 | 548 | 2,382 | 2,930 | 984 | 1997 | 6/19/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hollywood-N.21st | FL | 840 | 3,373 | 598 | 840 | 3,971 | 4,811 | 1,711 | 1987 | 8/3/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Marcos | TX | 324 | 1,493 | 2,135 | 324 | 3,628 | 3,952 | 1,179 | 1994 | 6/30/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-McNeil | TX | 492 | 1,995 | 2,517 | 510 | 4,494 | 5,004 | 1,284 | 1994 | 6/30/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-FM | TX | 484 | 1,951 | 613 | 481 | 2,567 | 3,048 | 1,051 | 1996 | 6/30/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 550 | 1,998 | 878 | 550 | 2,876 | 3,426 | 1,083 | 1996 | 9/29/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 670 | 2,407 | 1,708 | 670 | 4,115 | 4,785 | 1,462 | 1996 | 10/9/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cincinnati-Batavia | OH | 390 | 1,570 | 1,167 | 390 | 2,737 | 3,127 | 976 | 1988 | 11/19/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jackson-N.West | MS | 460 | 1,642 | 596 | 460 | 2,238 | 2,698 | 1,023 | 1984 | 12/1/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Katy | TX | 507 | 2,058 | 1,747 | 507 | 3,805 | 4,312 | 1,262 | 1993 | 12/15/98 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Providence | RI | 447 | 1,776 | 946 | 447 | 2,722 | 3,169 | 1,114 | 1986/94 | 2/2/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette-Pinhook 1 | LA | 556 | 1,951 | 1,184 | 556 | 3,135 | 3,691 | 1,423 | 1980 | 2/17/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette-Pinhook2 | LA | 708 | 2,860 | 1,198 | 708 | 4,058 | 4,766 | 1,338 | 1992/94 | 2/17/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette-Ambassador | LA | 314 | 1,095 | 927 | 314 | 2,022 | 2,336 | 911 | 1975 | 2/17/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette-Evangeline | LA | 188 | 652 | 1,625 | 188 | 2,277 | 2,465 | 943 | 1977 | 2/17/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette-Guilbeau | LA | 963 | 3,896 | 982 | 963 | 4,878 | 5,841 | 1,847 | 1994 | 2/17/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Gilbert | AZ | 651 | 2,600 | 1,254 | 772 | 3,733 | 4,505 | 1,388 | 1995 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Glendale | AZ | 565 | 2,596 | 682 | 565 | 3,278 | 3,843 | 1,289 | 1997 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Mesa | AZ | 330 | 1,309 | 2,557 | 733 | 3,463 | 4,196 | 968 | 1986 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Mesa | AZ | 339 | 1,346 | 701 | 339 | 2,047 | 2,386 | 771 | 1986 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Mesa | AZ | 291 | 1,026 | 1,034 | 291 | 2,060 | 2,351 | 716 | 1976 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Mesa | AZ | 354 | 1,405 | 526 | 354 | 1,931 | 2,285 | 804 | 1986 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Camelback | AZ | 453 | 1,610 | 953 | 453 | 2,563 | 3,016 | 1,065 | 1984 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-Bell | AZ | 872 | 3,476 | 3,518 | 872 | 6,994 | 7,866 | 1,966 | 1984 | 5/18/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix-35th Ave | AZ | 849 | 3,401 | 843 | 849 | 4,244 | 5,093 | 1,676 | 1996 | 5/21/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Portland | ME | 410 | 1,626 | 1,929 | 410 | 3,555 | 3,965 | 1,238 | 1988 | 8/2/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cocoa | FL | 667 | 2,373 | 877 | 667 | 3,250 | 3,917 | 1,313 | 1982 | 9/29/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 335 | 1,521 | 592 | 335 | 2,113 | 2,448 | 826 | 1985 | 11/9/99 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Middletown-Monroe | NY | 276 | 1,312 | 1,277 | 276 | 2,589 | 2,865 | 872 | 1998 | 2/2/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston - N. Andover | MA | 633 | 2,573 | 984 | 633 | 3,557 | 4,190 | 1,267 | 1989 | 2/15/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Seabrook | TX | 633 | 2,617 | 446 | 633 | 3,063 | 3,696 | 1,201 | 1996 | 3/1/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Lauderdale | FL | 384 | 1,422 | 633 | 384 | 2,055 | 2,439 | 789 | 1994 | 5/2/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Birmingham-Bessemer | AL | 254 | 1,059 | 1,340 | 254 | 2,399 | 2,653 | 744 | 1998 | 11/15/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Brewster | NY | 1,716 | 6,920 | 1,543 | 1,981 | 8,198 | 10,179 | 1,627 | 1991/97 | 12/27/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Lamar | TX | 837 | 2,977 | 3,527 | 966 | 6,375 | 7,341 | 928 | 1996/99 | 2/22/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston | TX | 733 | 3,392 | 756 | 841 | 4,040 | 4,881 | 1,060 | 1993/97 | 3/2/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft.Myers | FL | 787 | 3,249 | 663 | 902 | 3,797 | 4,699 | 1,001 | 1997 | 3/13/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Dracut | MA | 1,035 | 3,737 | 667 | 1,104 | 4,335 | 5,439 | 1,496 | 1986 | 12/1/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Boston-Methuen | MA | 1,024 | 3,649 | 751 | 1,091 | 4,333 | 5,424 | 1,439 | 1984 | 12/1/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbia | SC | 883 | 3,139 | 1,359 | 942 | 4,439 | 5,381 | 1,381 | 1985 | 12/1/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Myrtle Beach | SC | 552 | 1,970 | 1,002 | 588 | 2,936 | 3,524 | 993 | 1984 | 12/1/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Kingsland | GA | 470 | 1,902 | 3,257 | 666 | 4,963 | 5,629 | 1,271 | 1989 | 12/1/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Saco | ME | 534 | 1,914 | 417 | 570 | 2,295 | 2,865 | 770 | 1988 | 12/3/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Plymouth | MA | 1,004 | 4,584 | 2,340 | 1,004 | 6,924 | 7,928 | 1,933 | 1996 | 12/19/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Sandwich | MA | 670 | 3,060 | 545 | 714 | 3,561 | 4,275 | 1,174 | 1984 | 12/19/01 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Syracuse | NY | 294 | 1,203 | 1,130 | 327 | 2,300 | 2,627 | 633 | 1987 | 2/5/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 734 | 2,956 | 792 | 784 | 3,698 | 4,482 | 1,187 | 1984 | 2/13/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 394 | 1,595 | 411 | 421 | 1,979 | 2,400 | 660 | 1985 | 2/13/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio-Hunt | TX | 381 | 1,545 | 3,814 | 618 | 5,122 | 5,740 | 891 | 1980 | 2/13/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Humble | TX | 919 | 3,696 | 641 | 919 | 4,337 | 5,256 | 1,348 | 1998/02 | 6/19/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Pasadena | TX | 612 | 2,468 | 443 | 612 | 2,911 | 3,523 | 904 | 1999 | 6/19/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-League City | TX | 689 | 3,159 | 601 | 689 | 3,760 | 4,449 | 1,138 | 1994/97 | 6/19/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Montgomery | TX | 817 | 3,286 | 2,210 | 1,119 | 5,194 | 6,313 | 1,428 | 1998 | 6/19/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston | TX | 407 | 1,650 | 270 | 407 | 1,920 | 2,327 | 622 | 1997 | 6/19/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 817 | 3,287 | 446 | 817 | 3,733 | 4,550 | 1,188 | 1996 | 6/19/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
The Hamptons | NY | 2,207 | 8,866 | 756 | 2,207 | 9,622 | 11,829 | 2,990 | 1989/95 | 12/16/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
The Hamptons | NY | 1,131 | 4,564 | 584 | 1,131 | 5,148 | 6,279 | 1,556 | 1998 | 12/16/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
The Hamptons | NY | 635 | 2,918 | 432 | 635 | 3,350 | 3,985 | 1,006 | 1997 | 12/16/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
The Hamptons | NY | 1,251 | 5,744 | 493 | 1,252 | 6,236 | 7,488 | 1,876 | 1994/98 | 12/16/02 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 1,039 | 4,201 | 218 | 1,039 | 4,419 | 5,458 | 1,273 | 1995/99 | 8/26/03 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 827 | 3,776 | 469 | 827 | 4,245 | 5,072 | 1,199 | 1998/01 | 10/1/03 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Stamford | CT | 2,713 | 11,013 | 393 | 2,713 | 11,406 | 14,119 | 3,299 | 1998 | 3/17/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Tomball | TX | 773 | 3,170 | 1,801 | 773 | 4,971 | 5,744 | 1,319 | 2000 | 5/19/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Conroe | TX | 1,195 | 4,877 | 288 | 1,195 | 5,165 | 6,360 | 1,426 | 2001 | 5/19/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Spring | TX | 1,103 | 4,550 | 362 | 1,103 | 4,912 | 6,015 | 1,387 | 2001 | 5/19/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Bissonnet | TX | 1,061 | 4,427 | 2,848 | 1,061 | 7,275 | 8,336 | 1,802 | 2003 | 5/19/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Alvin | TX | 388 | 1,640 | 991 | 388 | 2,631 | 3,019 | 656 | 2003 | 5/19/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater | FL | 1,720 | 6,986 | 197 | 1,720 | 7,183 | 8,903 | 1,955 | 2001 | 6/3/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Missouri City | TX | 1,167 | 4,744 | 3,537 | 1,566 | 7,882 | 9,448 | 1,771 | 1998 | 6/23/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chattanooga-Hixson | TN | 1,365 | 5,569 | 1,603 | 1,365 | 7,172 | 8,537 | 1,925 | 1998/02 | 8/4/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Round Rock | TX | 2,047 | 5,857 | 826 | 1,976 | 6,754 | 8,730 | 1,817 | 2000 | 8/5/04 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Syracuse - Cicero | NY | 527 | 2,121 | 852 | 527 | 2,973 | 3,500 | 796 | 1988/02 | 3/16/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Long Island-Bayshore | NY | 1,131 | 4,609 | 209 | 1,131 | 4,818 | 5,949 | 1,221 | 2003 | 3/15/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Springfield | MA | 612 | 2,501 | 220 | 612 | 2,721 | 3,333 | 714 | 1965/75 | 4/12/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Stamford | CT | 1,612 | 6,585 | 240 | 1,612 | 6,825 | 8,437 | 1,791 | 2002 | 4/14/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Jones | TX | 1,214 | 4,949 | 270 | 1,215 | 5,218 | 6,433 | 1,294 | 1997/99 | 6/6/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery-Richard | AL | 1,906 | 7,726 | 284 | 1,906 | 8,010 | 9,916 | 2,019 | 1997 | 6/1/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston-Oxford | MA | 470 | 1,902 | 1,648 | 470 | 3,550 | 4,020 | 800 | 2002 | 6/23/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-290E | TX | 537 | 2,183 | -281 | 491 | 1,948 | 2,439 | 545 | 2003 | 7/12/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
SanAntonio-Marbach | TX | 556 | 2,265 | 514 | 556 | 2,779 | 3,335 | 689 | 2003 | 7/12/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-South 1st | TX | 754 | 3,065 | 219 | 754 | 3,284 | 4,038 | 858 | 2003 | 7/12/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Pinehurst | TX | 484 | 1,977 | 1,519 | 484 | 3,496 | 3,980 | 768 | 2002/04 | 7/12/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta-Marietta | GA | 811 | 3,397 | 548 | 811 | 3,945 | 4,756 | 988 | 2003 | 9/15/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Baton Rouge | LA | 719 | 2,927 | 2,536 | 719 | 5,463 | 6,182 | 977 | 1984/94 | 11/15/05 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Cypress | TX | 721 | 2,994 | 2,282 | 721 | 5,276 | 5,997 | 1008 | 2003 | 1/13/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Marcos-Hwy 35S | TX | 628 | 2,532 | 595 | 982 | 2,773 | 3,755 | 631 | 2001 | 1/10/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Baytown | TX | 596 | 2,411 | 285 | 596 | 2,696 | 3,292 | 614 | 2002 | 1/10/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Rochester | NY | 937 | 3,779 | 199 | 937 | 3,978 | 4,915 | 916 | 2002/06 | 2/1/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Jones Rd 2 | TX | 707 | 2,933 | 2,756 | 707 | 5,689 | 6,396 | 1195 | 2000 | 3/9/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette | LA | 411 | 1,621 | 250 | 411 | 1,871 | 2,282 | 469 | 1997 | 4/13/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Lafayette | LA | 463 | 1,831 | 188 | 463 | 2,019 | 2,482 | 465 | 2001/04 | 4/13/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette | LA | 601 | 2,406 | 1,362 | 601 | 3,768 | 4,369 | 839 | 2002 | 4/13/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette | LA | 542 | 1,319 | 2,184 | 542 | 3,503 | 4,045 | 711 | 1997/99 | 4/13/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Manchester | NH | 832 | 3,268 | 149 | 832 | 3,417 | 4,249 | 785 | 2000 | 4/26/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Nashua | NH | 617 | 2,422 | 564 | 617 | 2,986 | 3,603 | 664 | 1989 | 6/29/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater-Largo | FL | 1,270 | 5,037 | 233 | 1,270 | 5,270 | 6,540 | 1188 | 1998 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater-Pinellas Park | FL | 929 | 3,676 | 304 | 929 | 3,980 | 4,909 | 861 | 2000 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater-Tarpon Springs | FL | 696 | 2,739 | 172 | 696 | 2,911 | 3,607 | 660 | 1999 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
New Orleans | LA | 1,220 | 4,805 | 215 | 1,220 | 5,020 | 6,240 | 1132 | 2000 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-Meramec | MO | 1,113 | 4,359 | 361 | 1,113 | 4,720 | 5,833 | 1051 | 1999 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-Charles Rock | MO | 766 | 3,040 | 1,434 | 766 | 4,474 | 5,240 | 752 | 1999 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-Shackelford | MO | 828 | 3,290 | 199 | 828 | 3,489 | 4,317 | 785 | 1999 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-W.Washington | MO | 734 | 2,867 | 778 | 734 | 3,645 | 4,379 | 857 | 1980/01 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-Howdershell | MO | 899 | 3,596 | 298 | 899 | 3,894 | 4,793 | 861 | 2000 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-Lemay Ferry | MO | 890 | 3,552 | 397 | 890 | 3,949 | 4,839 | 864 | 1999 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St Louis-Manchester | MO | 697 | 2,711 | 157 | 697 | 2,868 | 3,565 | 642 | 2000 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 1,256 | 4,946 | 377 | 1,256 | 5,323 | 6,579 | 1169 | 1998/03 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 605 | 2,434 | 141 | 605 | 2,575 | 3,180 | 567 | 2004 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 607 | 2,428 | 177 | 607 | 2,605 | 3,212 | 579 | 2004 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 1,073 | 4,276 | 77 | 1,073 | 4,353 | 5,426 | 970 | 2003 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 549 | 2,180 | 1,153 | 549 | 3,333 | 3,882 | 615 | 1998 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 644 | 2,542 | 136 | 644 | 2,678 | 3,322 | 594 | 1999 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio-Blanco | TX | 963 | 3,836 | 195 | 963 | 4,031 | 4,994 | 908 | 2004 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio-Broadway | TX | 773 | 3,060 | 1,932 | 773 | 4,992 | 5,765 | 811 | 2000 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio-Huebner | TX | 1,175 | 4,624 | 313 | 1,175 | 4,937 | 6,112 | 1060 | 1998 | 6/22/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chattanooga-Lee Hwy II | TN | 619 | 2,471 | 141 | 619 | 2,612 | 3,231 | 574 | 2002 | 8/7/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lafayette | LA | 699 | 2,784 | 1,993 | 699 | 4,777 | 5,476 | 987 | 1995/99 | 8/1/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery-E.S.Blvd | AL | 1,158 | 4,639 | 944 | 1,158 | 5,583 | 6,741 | 1200 | 1996/97 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Auburn-Pepperell Pkwy | AL | 590 | 2,361 | 446 | 590 | 2,807 | 3,397 | 584 | 1998 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Auburn-Gatewood Dr | AL | 694 | 2,758 | 252 | 694 | 3,010 | 3,704 | 632 | 2002/03 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbus-Williams Rd | GA | 736 | 2,905 | 239 | 736 | 3,144 | 3,880 | 693 | 4/6/02 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbus-Miller Rd | GA | 975 | 3,854 | 1,290 | 975 | 5,144 | 6,119 | 807 | 1995 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbus-Armour Rd | GA | 0 | 3,680 | 211 | 0 | 3,891 | 3,891 | 835 | 2004/05 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Columbus-Amber Dr | GA | 439 | 1,745 | 265 | 439 | 2,010 | 2,449 | 427 | 1998 | 9/28/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Concord | NH | 813 | 3,213 | 2,009 | 813 | 5,222 | 6,035 | 1007 | 2000 | 10/31/06 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Langner Rd | NY | 532 | 2,119 | 2,721 | 532 | 4,840 | 5,372 | 641 | 1993/07 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Transit Rd | NY | 437 | 1,794 | 669 | 437 | 2,463 | 2,900 | 470 | 1998 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Lake Ave | NY | 638 | 2,531 | 614 | 638 | 3,145 | 3,783 | 654 | 1997 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Union Rd | NY | 348 | 1,344 | 280 | 348 | 1,624 | 1,972 | 328 | 1998 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Niagara Falls Blvd | NY | 323 | 1,331 | 147 | 323 | 1,478 | 1,801 | 308 | 1998 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Young St | NY | 315 | 2,185 | 998 | 316 | 3,182 | 3,498 | 595 | 1999/00 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Sheridan Dr | NY | 961 | 3,827 | 2,480 | 961 | 6,307 | 7,268 | 935 | 1999 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Buffalo-Transit Rd | NY | 375 | 1,498 | 344 | 375 | 1,842 | 2,217 | 414 | 1990/95 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Rochester-Phillips Rd | NY | 1,003 | 4,002 | 123 | 1,003 | 4,125 | 5,128 | 824 | 1999 | 3/30/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Greenville | MS | 1,100 | 4,386 | 648 | 1,100 | 5,034 | 6,134 | 1033 | 1994 | 1/11/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 929 | 3,647 | 181 | 930 | 3,827 | 4,757 | 795 | 2002/04 | 3/8/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 1,537 | 6,018 | 455 | 1,537 | 6,473 | 8,010 | 1298 | 2003/06 | 3/8/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Huntsville-Memorial Pkwy | AL | 1,607 | 6,338 | 982 | 1,677 | 7,250 | 8,927 | 1352 | 1989/06 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Huntsville-Madison 1 | AL | 1,016 | 4,013 | 339 | 1,017 | 4,351 | 5,368 | 881 | 1993/07 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Bilox-Gulfport | MS | 1,423 | 5,624 | 173 | 1,423 | 5,797 | 7,220 | 1142 | 1998/05 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Huntsville-Hwy 72 | AL | 1,206 | 4,775 | 288 | 1,206 | 5,063 | 6,269 | 988 | 1998/06 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Mobile-Airport Blvd | AL | 1,216 | 4,819 | 334 | 1,216 | 5,153 | 6,369 | 1043 | 2000/07 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Bilox-Gulfport | MS | 1,345 | 5,325 | 62 | 1,301 | 5,431 | 6,732 | 1054 | 2002/04 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Huntsville-Madison 2 | AL | 1,164 | 4,624 | 265 | 1,164 | 4,889 | 6,053 | 958 | 2002/06 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Foley-Hwy 59 | AL | 1,346 | 5,474 | 310 | 1,347 | 5,783 | 7,130 | 1154 | 2003/06 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola 6-Nine Mile | FL | 1,029 | 4,180 | 171 | 1,029 | 4,351 | 5,380 | 927 | 2003/06 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Auburn-College St | AL | 686 | 2,732 | 200 | 686 | 2,932 | 3,618 | 598 | 2003 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Biloxi-Gulfport | MS | 1,811 | 7,152 | 112 | 1,811 | 7,264 | 9,075 | 1400 | 2004/06 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola 7-Hwy 98 | FL | 732 | 3,015 | 70 | 732 | 3,085 | 3,817 | 645 | 2006 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery-Arrowhead | AL | 1,075 | 4,333 | 196 | 1,076 | 4,528 | 5,604 | 884 | 2006 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Montgomery-McLemore | AL | 885 | 3,586 | 155 | 885 | 3,741 | 4,626 | 722 | 2006 | 6/1/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio-Foster | TX | 676 | 2,685 | 357 | 676 | 3,042 | 3,718 | 625 | 2003/06 | 5/21/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Beaumont | TX | 742 | 3,024 | 189 | 742 | 3,213 | 3,955 | 619 | 2002/05 | 11/14/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hattiesburg-Clasic | MS | 444 | 1,799 | 163 | 444 | 1,962 | 2,406 | 372 | 1998 | 12/19/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Biloxi-Ginger | MS | 384 | 1,548 | 103 | 384 | 1,651 | 2,035 | 300 | 2000 | 12/19/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Foley-7905 St Hwy 59 | AL | 437 | 1,757 | 190 | 437 | 1,947 | 2,384 | 344 | 2000 | 12/19/07 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jackson-Ridgeland | MS | 1,479 | 5,965 | 457 | 1,479 | 6,422 | 7,901 | 1163 | 1997/00 | 1/17/08 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jackson-5111 | MS | 1,337 | 5,377 | 143 | 1,337 | 5,520 | 6,857 | 990 | 2003 | 1/17/08 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Cincinnati-Robertson | OH | 852 | 3,409 | 200 | 852 | 3,609 | 4,461 | 564 | 2003/04 | 12/31/08 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Richmond-Bridge Rd | VA | 1,047 | 5,981 | 36 | 1,047 | 6,017 | 7,064 | 909 | 2009 | 10/1/09 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 846 | 4,095 | 100 | 846 | 4,195 | 5,041 | 445 | 2000 | 12/28/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte-Wallace | NC | 961 | 3,702 | 536 | 961 | 4,238 | 5,199 | 412 | 2008 | 12/29/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 574 | 3,975 | 103 | 575 | 4,077 | 4,652 | 427 | 2008 | 12/29/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte-Westmoreland | NC | 513 | 5,317 | 36 | 513 | 5,353 | 5,866 | 552 | 2009 | 12/29/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte-Matthews | NC | 1,129 | 4,767 | 84 | 1,129 | 4,851 | 5,980 | 514 | 2009 | 12/29/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 381 | 3,575 | 46 | 381 | 3,621 | 4,002 | 381 | 2008 | 12/29/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Charlotte-Zeb Morris | NC | 965 | 3,355 | 57 | 965 | 3,412 | 4,377 | 358 | 2007 | 12/29/10 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Fair Lawn-Wagaraw | PA | 796 | 9,467 | 78 | 796 | 9,545 | 10,341 | 881 | 1999 | 7/14/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Elizabeth-Allen | PA | 885 | 3,073 | 487 | 885 | 3,560 | 4,445 | 277 | 1988 | 7/14/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Saint Louis-High Ridge | MO | 197 | 2,132 | 37 | 197 | 2,169 | 2,366 | 237 | 2007 | 7/28/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta-Decatur | GA | 1,043 | 8,252 | 67 | 1,043 | 8,319 | 9,362 | 719 | 2006 | 8/17/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Humble | TX | 825 | 4,201 | 323 | 825 | 4,524 | 5,349 | 413 | 1993 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Dallas-Fort Worth | TX | 693 | 3,552 | 101 | 693 | 3,653 | 4,346 | 337 | 2001 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Hwy 6N | TX | 1,243 | 3,106 | 95 | 1,243 | 3,201 | 4,444 | 304 | 2000 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Cedar Park | TX | 1,559 | 2,727 | 64 | 1,559 | 2,791 | 4,350 | 270 | 1998 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Katy | TX | 691 | 4,435 | 126 | 691 | 4,561 | 5,252 | 414 | 2000 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Deer Park | TX | 1,012 | 3,312 | 164 | 1,012 | 3,476 | 4,488 | 309 | 1998 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-W.Little York | TX | 575 | 3,557 | 135 | 575 | 3,692 | 4,267 | 356 | 1998 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Pasadena | TX | 705 | 4,223 | 146 | 705 | 4,369 | 5,074 | 394 | 2000 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Friendswood | TX | 1,168 | 2,315 | 164 | 1,168 | 2,479 | 3,647 | 239 | 1994 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Spring | TX | 2,152 | 3,027 | 275 | 2,152 | 3,302 | 5,454 | 314 | 1993 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-W.Sam Houston | TX | 402 | 3,602 | 187 | 402 | 3,789 | 4,191 | 321 | 1999 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Pond Springs Rd | TX | 1,653 | 4,947 | 223 | 1,653 | 5,170 | 6,823 | 448 | 1984 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Spring | TX | 1,474 | 4,500 | 67 | 1,474 | 4,567 | 6,041 | 414 | 2006 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Round Rock | TX | 177 | 3,223 | 91 | 177 | 3,314 | 3,491 | 305 | 1999 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Silverado Dr | TX | 1,438 | 4,583 | 123 | 1,438 | 4,706 | 6,144 | 418 | 2000 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Sugarland | TX | 272 | 3,236 | 162 | 272 | 3,398 | 3,670 | 320 | 2001 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Westheimer Rd | TX | 536 | 2,687 | 142 | 536 | 2,829 | 3,365 | 258 | 1997 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Wilcrest Dr | TX | 1,478 | 4,145 | 141 | 1,478 | 4,286 | 5,764 | 373 | 1999 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Woodlands | TX | 1,315 | 6,142 | 195 | 1,315 | 6,337 | 7,652 | 535 | 1997 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Woodlands | TX | 3,189 | 3,974 | 147 | 3,189 | 4,121 | 7,310 | 348 | 2000 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
Houston-Katy Freeway | TX | 1,049 | 5,175 | 501 | 1,049 | 5,676 | 6,725 | 486 | 1999 | 9/22/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston-Webster | TX | 2,127 | 2,054 | 2,138 | 368 | 2,054 | 2,506 | 4,560 | 229 | 1982 | 9/22/11 | 5 to 40 years | |||||||||||||||||||||||||||||||||
Newport News-Brick Kiln | VA | 2,848 | 5,892 | 60 | 2,848 | 5,952 | 8,800 | 527 | 2004 | 9/29/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Pensacola | FL | 197 | 4,281 | 158 | 197 | 4,439 | 4,636 | 372 | 1996 | 11/15/11 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Miami | FL | 2,960 | 12,077 | 91 | 2,960 | 12,168 | 15,128 | 796 | 2005 | 5/16/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Lake Forest | IL | 1,932 | 11,606 | 79 | 1,932 | 11,685 | 13,617 | 770 | 1996/2004 | 6/6/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Schaumburg | IL | 1,940 | 4,880 | 205 | 1,940 | 5,085 | 7,025 | 346 | 1998 | 6/6/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Norfolk - East Little Creek | VA | 911 | 5,862 | 47 | 911 | 5,909 | 6,820 | 393 | 2007 | 6/20/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta | GA | 1,560 | 6,766 | 53 | 1,560 | 6,819 | 8,379 | 443 | 2009 | 7/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville - Middleburg | FL | 664 | 5,719 | 26 | 644 | 5,765 | 6,409 | 343 | 2008 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Jacksonville - Orange Park | FL | 772 | 3,882 | 66 | 772 | 3,948 | 4,720 | 240 | 2007 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Augustine | FL | 739 | 3,858 | 53 | 739 | 3,911 | 4,650 | 242 | 2007 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta - NE Expressway | GA | 1,384 | 9,266 | 46 | 1,384 | 9,312 | 10,696 | 554 | 2009 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta - Kennesaw | GA | 856 | 4,315 | 46 | 856 | 4,361 | 5,217 | 263 | 2008 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta - Lawrenceville | GA | 855 | 3,838 | 76 | 855 | 3,914 | 4,769 | 238 | 2007 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta - Woodstock | GA | 1,342 | 4,692 | 69 | 1,342 | 4,761 | 6,103 | 291 | 2009 | 9/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Raleigh-Durham | NC | 2,337 | 4,901 | 115 | 2,337 | 5,016 | 7,353 | 299 | 2002 | 9/19/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Lindenhurst | IL | 1,213 | 3,129 | 89 | 1,213 | 3,218 | 4,431 | 199 | 1999/2006 | 9/27/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Orland Park | IL | 1,050 | 5,894 | 81 | 1,050 | 5,975 | 7,025 | 331 | 2007 | 12/10/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Bradenton | FL | 1,501 | 3,775 | 38 | 1,501 | 3,813 | 5,314 | 199 | 1997 | 12/21/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Ft. Myers - Cleveland Ave. | FL | 515 | 2,280 | 56 | 515 | 2,336 | 2,851 | 126 | 1998 | 12/21/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater - Drew St. | FL | 1,234 | 4,018 | 37 | 1,234 | 4,055 | 5,289 | 211 | 2000 | 12/21/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Clearwater - North Myrtle | FL | 1,555 | 5,978 | 38 | 1,555 | 6,016 | 7,571 | 313 | 2000 | 12/21/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Aurora | IL | 269 | 3,126 | 81 | 269 | 3,207 | 3,476 | 166 | 2010 | 12/31/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Phoenix | AZ | 910 | 3,656 | 73 | 910 | 3,729 | 4,639 | 206 | 2008 | 12/18/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - North Austin | IL | 2,593 | 5,029 | 144 | 2,593 | 5,173 | 7,766 | 272 | 2005 | 12/20/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - North Western | IL | 1,718 | 6,466 | 295 | 1,718 | 6,761 | 8,479 | 339 | 2005 | 12/20/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - West Pershing | IL | 395 | 3,226 | 68 | 395 | 3,294 | 3,689 | 168 | 2008 | 12/20/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Cedar Park | TX | 1,246 | 5,740 | 54 | 1,246 | 5,794 | 7,040 | 306 | 2006 | 12/27/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - North Broadway | IL | 2,373 | 9,869 | 24 | 2,373 | 9,893 | 12,266 | 505 | 2011 | 12/20/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Round Rock | TX | 774 | 3,327 | 61 | 774 | 3,388 | 4,162 | 177 | 2004 | 12/27/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Round Rock | TX | 632 | 1,985 | 54 | 632 | 2,039 | 2,671 | 121 | 2007 | 12/27/12 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio - Marbach | TX | 337 | 2,005 | 144 | 337 | 2,149 | 2,486 | 112 | 2005 | 2/11/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Long Island - Lindenhurst | NY | 2,122 | 8,735 | 102 | 2,122 | 8,837 | 10,959 | 401 | 2002 | 3/22/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Boston - Somerville | MA | 1,553 | 7,186 | 62 | 1,553 | 7,248 | 8,801 | 328 | 2008 | 3/22/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Long Island - Deer Park | NY | 1,096 | 8,276 | 90 | 1,096 | 8,366 | 9,462 | 291 | 2009 | 8/29/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Long Island - Amityville | NY | 2,224 | 10,102 | 69 | 2,224 | 10,171 | 12,395 | 352 | 2009 | 8/29/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Colorado Springs - Scarlet | CO | 629 | 5,201 | 135 | 629 | 5,336 | 5,965 | 170 | 2006 | 9/30/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Toms River - Route 37 W | NJ | 1,843 | 6,544 | 92 | 1,843 | 6,636 | 8,479 | 185 | 2007 | 11/26/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lake Worth - S Military | FL | 868 | 5,306 | 80 | 868 | 5,386 | 6,254 | 151 | 2000 | 12/4/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin-Round Rock | TX | 1,547 | 5,226 | 33 | 1,547 | 5,259 | 6,806 | 145 | 2008 | 12/27/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Hartford-Bristol | CT | 1,174 | 8,816 | 65 | 1,174 | 8,881 | 10,055 | 225 | 2004 | 12/30/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Piscataway - New Brunswick | NJ | 1,639 | 10,946 | 52 | 1,639 | 10,998 | 12,637 | 277 | 2006 | 12/30/13 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Fort Lauderdale - 3rd Ave | FL | 7,629 | 11,918 | 159 | 7,629 | 12,077 | 19,706 | 307 | 1998 | 1/9/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
West Palm - Mercer | FL | 15,680 | 17,520 | 396 | 15,680 | 17,916 | 33,596 | 461 | 2000 | 1/9/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin - Manchaca | TX | 3,999 | 4,297 | 592 | 3,999 | 4,889 | 8,888 | 127 | 1998/2002 | 1/17/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost Capitalized | Gross Amount at Which | |||||||||||||||||||||||||||||||||||||||||||
Subsequent to | Carried at Close of Period | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
Description | ST | Encum | Land | Building, | Building, | Land | Building, | Total | Accum. | Date of | Date | Life on | |||||||||||||||||||||||||||||||||
brance | Equipment | Equipment | Equipment | Deprec. | Const. | Acquired | which depr | ||||||||||||||||||||||||||||||||||||||
and | and | and | in latest | ||||||||||||||||||||||||||||||||||||||||||
Impvmts | Impvmts | Impvmts | income | ||||||||||||||||||||||||||||||||||||||||||
statement | |||||||||||||||||||||||||||||||||||||||||||||
is computed | |||||||||||||||||||||||||||||||||||||||||||||
San Antonio | TX | 2,235 | 6,269 | 317 | 2,235 | 6,586 | 8,821 | 162 | 2012 | 2/10/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Portland | ME | 2,146 | 6,418 | 163 | 2,146 | 6,581 | 8,727 | 156 | 2000 | 2/11/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Brunswick | ME | 493 | 5,234 | 66 | 493 | 5,300 | 5,793 | 124 | 2006 | 2/11/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - St. Charles | IL | 1,837 | 6,301 | 499 | 1,837 | 6,800 | 8,637 | 136 | 2004/2013 | 3/31/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Ashland | IL | 598 | 4,789 | 127 | 598 | 4,916 | 5,514 | 89 | 2014 | 5/5/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio - Walzem | TX | 2,000 | 3,749 | 411 | 2,000 | 4,160 | 6,160 | 82 | 1997 | 5/13/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - Woodson | MO | 2,444 | 5,966 | 309 | 2,444 | 6,275 | 8,719 | 95 | 1998 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - Mexico | MO | 638 | 3,518 | 269 | 638 | 3,787 | 4,425 | 59 | 1998 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - Vogel | MO | 2,010 | 3,544 | 176 | 2,010 | 3,720 | 5,730 | 58 | 2000 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - Pershall | MO | 292 | 325 | 81 | 292 | 406 | 698 | 8 | 1979 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - Manchester | MO | 508 | 2,042 | 320 | 508 | 2,362 | 2,870 | 35 | 1996 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - North Highway | MO | 1,989 | 4,045 | 286 | 1,989 | 4,331 | 6,320 | 68 | 1997 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Louis - Dunn | MO | 1,538 | 4,510 | 271 | 1,538 | 4,781 | 6,319 | 74 | 2000 | 5/22/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Trenton | NJ | 5,161 | 7,063 | 289 | 5,161 | 7,352 | 12,513 | 120 | 1980 | 6/5/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Fishkill | NY | 1,741 | 6,006 | 104 | 1,741 | 6,110 | 7,851 | 96 | 2005 | 6/11/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Atlanta - Peachtree | GA | 2,263 | 4,931 | 391 | 2,263 | 5,322 | 7,585 | 91 | 2007 | 6/12/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Paterson | NJ | 0 | 2,292 | 115 | 0 | 2,407 | 2,407 | 92 | 2000 | 6/12/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Asbury Park - 1st Ave | NJ | 819 | 4,734 | 121 | 819 | 4,855 | 5,674 | 63 | 2003 | 6/18/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Farmingdale - Tinton Falls | NJ | 1,097 | 5,618 | 197 | 1,097 | 5,815 | 6,912 | 75 | 2004 | 6/18/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Lakewood - Route 70 | NJ | 626 | 4,549 | 135 | 626 | 4,684 | 5,310 | 60 | 2003 | 6/18/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Matawan | NJ | 1,512 | 9,707 | 235 | 1,512 | 9,942 | 11,454 | 127 | 2005 | 7/10/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
St. Petersburg - Gandy | FL | 2,958 | 6,904 | 170 | 2,958 | 7,074 | 10,032 | 61 | 2007 | 8/28/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chesapeake - Campostella | VA | 2,349 | 3,875 | 98 | 2,349 | 3,973 | 6,322 | 37 | 2000 | 9/5/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
San Antonio-Castle Hills | TX | 2,658 | 8,190 | 219 | 2,658 | 8,409 | 11,067 | 71 | 2002 | 9/10/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chattanooga - Broad St | TN | 759 | 5,608 | 173 | 759 | 5,781 | 6,540 | 38 | 2014 | 9/18/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
New Orleans - Kenner | LA | 5,771 | 10,375 | 346 | 5,771 | 10,721 | 16,492 | 70 | 2008 | 10/10/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Orlando - Celebration | FL | 6,091 | 4,641 | 335 | 6,091 | 4,976 | 11,067 | 22 | 2006 | 10/21/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Austin - Cedar Park | TX | 4,196 | 8,374 | 349 | 4,196 | 8,723 | 12,919 | 38 | 2003 | 10/28/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Chicago - Pulaski | IL | 889 | 4,700 | 301 | 889 | 5,001 | 5,890 | 21 | 2014 | 11/14/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Houston - Gessner | TX | 1,599 | 5,813 | 385 | 1,599 | 6,198 | 7,797 | 0 | 2006 | 12/18/14 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
Construction in Progress | 0 | 0 | 4,761 | 0 | 4,761 | 4,761 | 0 | 2013 | |||||||||||||||||||||||||||||||||||||
Corporate Office | NY | 0 | 68 | 24,783 | 1,633 | 23,218 | 24,851 | 13,468 | 2000 | 5/1/00 | 5 to 40 years | ||||||||||||||||||||||||||||||||||
$ | 2,127 | $ | 385,294 | $ | 1,383,414 | $ | 409,275 | $ | 397,642 | $ | 1,780,341 | $ | 2,177,983 | $ | 411,701 | ||||||||||||||||||||||||||||||
December 31, 2014 | December 31, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||
Cost: | |||||||||||||||||||||||||||||||||||||||||||||
Balance at beginning of period | $ | 1,864,637 | $ | 1,742,354 | $ | 1,525,283 | |||||||||||||||||||||||||||||||||||||||
Additions during period: | |||||||||||||||||||||||||||||||||||||||||||||
Acquisitions through foreclosure | $ | — | $ | — | $ | — | |||||||||||||||||||||||||||||||||||||||
Other acquisitions | 286,691 | 93,376 | 185,431 | ||||||||||||||||||||||||||||||||||||||||||
Improvements, etc | 35,097 | 33,811 | 36,238 | ||||||||||||||||||||||||||||||||||||||||||
321,788 | 127,187 | 221,669 | |||||||||||||||||||||||||||||||||||||||||||
Deductions during period: | |||||||||||||||||||||||||||||||||||||||||||||
Cost of assets disposed | (8,442 | ) | (4,904 | ) | (4,598 | ) | |||||||||||||||||||||||||||||||||||||||
Impairment write-down | — | — | — | ||||||||||||||||||||||||||||||||||||||||||
Casualty loss | — | — | — | ||||||||||||||||||||||||||||||||||||||||||
(8,442 | ) | (4,904 | ) | (4,598 | ) | ||||||||||||||||||||||||||||||||||||||||
Balance at close of period | $ | 2,177,983 | $ | 1,864,637 | $ | 1,742,354 | |||||||||||||||||||||||||||||||||||||||
Accumulated Depreciation: | |||||||||||||||||||||||||||||||||||||||||||||
Balance at beginning of period | $ | 366,472 | $ | 324,963 | $ | 289,082 | |||||||||||||||||||||||||||||||||||||||
Additions during period: | |||||||||||||||||||||||||||||||||||||||||||||
Depreciation expense | $ | 47,656 | $ | 41,929 | $ | 37,226 | |||||||||||||||||||||||||||||||||||||||
47,656 | 41,929 | 37,226 | |||||||||||||||||||||||||||||||||||||||||||
Deductions during period: | |||||||||||||||||||||||||||||||||||||||||||||
Accumulated depreciation of assets disposed | (2,427 | ) | (420 | ) | (1,345 | ) | |||||||||||||||||||||||||||||||||||||||
Accumulated depreciation on impaired asset | — | — | — | ||||||||||||||||||||||||||||||||||||||||||
Accumulated depreciation on casualty loss | — | — | — | ||||||||||||||||||||||||||||||||||||||||||
(2,427 | ) | (420 | ) | (1,345 | ) | ||||||||||||||||||||||||||||||||||||||||
Balance at close of period | $ | 411,701 | $ | 366,472 | $ | 324,963 | |||||||||||||||||||||||||||||||||||||||
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Accounting Policies [Abstract] | |||||||||||||
Basis of Presentation | 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||||||||||||
Basis of Presentation: All of the Company’s assets are owned by, and all its operations are conducted through, Sovran Acquisition Limited Partnership (the “Operating Partnership”). Sovran Holdings, Inc., a wholly-owned subsidiary of the Company (the “Subsidiary”), is the sole general partner of the Operating Partnership; the Company is a limited partner of the Operating Partnership, and through its ownership of the Subsidiary and its limited partnership interest controls the operations of the Operating Partnership, holding a 99.5% ownership interest therein as of December 31, 2014. The remaining ownership interests in the Operating Partnership (the “Units”) are held by certain former owners of assets acquired by the Operating Partnership subsequent to its formation. | |||||||||||||
We consolidate all wholly owned subsidiaries. Partially owned subsidiaries and joint ventures are consolidated when we control the entity. Our consolidated financial statements include the accounts of the Company, the Operating Partnership, Uncle Bob’s Management, LLC (the Company’s taxable REIT subsidiary), Locke Sovran I, LLC (a wholly-owned subsidiary), and Locke Sovran II, LLC (a wholly-owned subsidiary). All intercompany transactions and balances have been eliminated. Investments in joint ventures that we do not control but for which we have significant influence over are accounted for using the equity method. | |||||||||||||
On June 30, 2011, the Company entered into a newly formed joint venture agreement with an owner of a self-storage facility in New Jersey (West Deptford JV LLC). As part of the agreement the Company contributed $4.2 million to the joint venture for a $2.8 million mortgage note at 8%, a 20% common interest, and a $1.4 million preferred interest with an 8% preferred return. The Company had concluded that this joint venture is a variable interest entity pursuant to the guidance in FASB ASC Topic 810, “Consolidation” on the basis that the total equity investment in the joint venture is not sufficient to permit the joint venture to finance its activities without additional subordinated financial support from its investors. On February 5, 2013 the Company entered into a Membership Interest Purchase Agreement to sell its common and preferred interests in West Deptford JV LLC to the other joint venture partner for approximately $1.4 million, resulting in a gain of $0.4 million. Simultaneous with this transaction the joint venture partner also repaid the $2.8 million mortgage note held by the Company. As a result of these transactions the Company no longer holds any ownership interest in this joint venture. The results of operations of this joint venture are included in our consolidated financial statements through the February 5, 2013 date of divesture. | |||||||||||||
Included in the consolidated balance sheets are noncontrolling redeemable operating partnership units. These interests are presented in the “mezzanine” section of the consolidated balance sheet because they do not meet the functional definition of a liability or equity under current accounting literature. These represent the outside ownership interests of the limited partners in the Operating Partnership. At December 31, 2014, there were 155,484 noncontrolling redeemable operating partnership Units outstanding (198,913 at December 31, 2013). These unitholders are entitled to receive distributions per unit equivalent to the dividends declared per share on the Company’s common stock. The Operating Partnership is obligated to redeem each of these limited partnership Units in the Operating Partnership at the request of the holder thereof for cash equal to the fair market value of a share of the Company’s common stock, at the time of such redemption, provided that the Company at its option may elect to acquire any such Unit presented for redemption for one common share or cash. The Company accounts for these noncontrolling redeemable Operating Partnership Units under the provisions of EITF D-98, “Classification and Measurement of Redeemable Securities” which was codified in FASB ASC Topic 480-10-S99. The application of the FASB ASC Topic 480-10-S99 accounting model requires the noncontrolling interest to follow normal noncontrolling interest accounting and then be marked to redemption value at the end of each reporting period if higher (but never adjusted below that normal noncontrolling interest accounting amount). The offset to the adjustment to the carrying amount of the noncontrolling redeemable Operating Partnership Units is reflected in dividends in excess of net income. Accordingly, in the accompanying consolidated balance sheet, noncontrolling redeemable Operating Partnership Units are reflected at redemption value at December 31, 2014 and 2013, equal to the number of Units outstanding multiplied by the fair market value of the Company’s common stock at that date. Redemption value exceeded the value determined under the Company’s historical basis of accounting at those dates. | |||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||
Beginning balance noncontrolling redeemable Operating Partnership Units | $ | 12,940 | $ | 12,670 | |||||||||
Redemption of Operating Partnership Units | (6,028 | ) | (322 | ) | |||||||||
Redemption value in excess of carrying value | 570 | 1 | |||||||||||
Issuance of Operating Partnership Units | 2,417 | — | |||||||||||
Net income attributable to noncontrolling interests – consolidated joint venture | 526 | 469 | |||||||||||
Distributions | (541 | ) | (402 | ) | |||||||||
Adjustment to redemption value | 3,738 | 524 | |||||||||||
Ending balance noncontrolling redeemable Operating Partnership Units | $ | 13,622 | $ | 12,940 | |||||||||
In 2014 the Company issued 28,481 Units with a fair value of $2.4 million to acquire one self-storage property. The fair value of the Units on the date of issuance was determined based upon the fair market value of the Company’s common stock on that date. | |||||||||||||
Cash and Cash Equivalents | Cash and Cash Equivalents: The Company considers all highly liquid investments purchased with maturities of three months or less to be cash equivalents. Cash and cash equivalents include $6,000 and $34,000 held in escrow for an encumbered property at December 31, 2014 and 2013, respectively. | ||||||||||||
Accounts Receivable | Accounts Receivable: Accounts receivable are composed of trade and other receivables recorded at billed amounts and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable uncollectible amounts in the Company’s existing accounts receivable. The Company determines the allowance based on a number of factors, including experience, credit worthiness of customers, and current market and economic conditions. The Company reviews the allowance for doubtful accounts on a regular basis. Account balances are charged against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The allowance for doubtful accounts is recorded as a reduction of accounts receivable and amounted to $0.5 million, $0.4 million and $0.4 million at December 31, 2014, 2013 and 2012, respectively. | ||||||||||||
Revenue and Expense Recognition | Revenue and Expense Recognition: Rental income is recognized when earned pursuant to month-to-month leases for storage space. Promotional discounts are recognized as a reduction to rental income over the promotional period, which is generally during the first month of occupancy. Rental income received prior to the start of the rental period is included in deferred revenue. Equity in earnings of real estate joint ventures that we have significant influence over is recognized based on our ownership interest in the earnings of these entities. | ||||||||||||
Cost of operations, general and administrative expense, interest expense and advertising costs are expensed as incurred. For the years ended December 31, 2014, 2013, and 2012, advertising costs were $6.2 million, $5.4 million, and $4.6 million, respectively. The Company accrues property taxes based on estimates and historical trends. If these estimates are incorrect, the timing and amount of expense recognition would be affected. | |||||||||||||
Other Operating Income | Other Operating Income: Consists primarily of sales of storage-related merchandise (locks and packing supplies), insurance commissions, incidental truck rentals, and management and acquisition fees from unconsolidated joint ventures. | ||||||||||||
Investment in Storage Facilities | Investment in Storage Facilities: Storage facilities are recorded at cost. The purchase price of acquired facilities is allocated to land, land improvements, building, equipment, and in-place customer leases based on the fair value of each component. The fair values of land are determined based upon comparable market sales information. The fair values of buildings are determined based upon estimates of current replacement costs adjusted for depreciation on the properties. For the years ended December 31, 2014, 2013, and 2012, $7.4 million, $3.1 million and $4.3 million of acquisition related costs were incurred and expensed, respectively. | ||||||||||||
Depreciation is computed using the straight-line method over estimated useful lives of forty years for buildings and improvements, and five to twenty years for furniture, fixtures and equipment. Expenditures for significant renovations or improvements that extend the useful life of assets are capitalized. Interest and other costs incurred during the construction period of major expansions are capitalized. Capitalized interest during the years ended December 31, 2014, 2013, and 2012 was $0.1 million, $0.1 million and $0.1 million, respectively. Repair and maintenance costs are expensed as incurred. | |||||||||||||
Whenever events or changes in circumstances indicate that the basis of the Company’s property may not be recoverable, the Company’s policy is to complete an assessment of impairment. Impairment is evaluated based upon comparing the sum of the property’s expected undiscounted future cash flows to the carrying value of the property. If the sum of the undiscounted cash flow is less than the carrying amount, an impairment loss is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. For the years ended December 31, 2014, 2013 and 2012, no assets had been determined to be impaired under this policy. | |||||||||||||
In general, sales of real estate and related profits / losses are recognized when all consideration has changed hands and risks and rewards of ownership have been transferred. | |||||||||||||
Other Assets | Other Assets: Included in other assets are net deferred financing costs, property deposits, and the value placed on in-place customer leases at the time of acquisition. The gross deferred financing costs were $8.2 million and $6.3 million at December 31, 2014, and 2013, respectively. Accumulated amortization on gross deferred financing costs was approximately $1.9 million and $2.0 million at December 31, 2014, and 2013, respectively. Deferred financing costs are amortized over the terms of the related debt. Property deposits at December 31, 2014 and 2013 were $0.8 million and $5.6 million, respectively. | ||||||||||||
The Company allocates a portion of the purchase price of acquisitions to in-place customer leases. The methodology used to determine the fair value of in-place customer leases is disclosed in Note 9. The Company amortizes in-place customer leases on a straight-line basis over 12 months (the estimated future benefit period). | |||||||||||||
Amortization expense related to deferred financing costs was $0.9 million, $0.8 million and $0.8 million for the periods ended December 31, 2014, 2013 and 2012, respectively, and is included in interest expense in the consolidated statement of operations. | |||||||||||||
Investment in Unconsolidated Joint Ventures | Investment in Unconsolidated Joint Ventures: The Company’s investment in unconsolidated joint ventures, where the Company has significant influence, but not control and joint ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting in the accompanying consolidated financial statements. Under the equity method, the Company’s investment in unconsolidated joint ventures is stated at cost and adjusted for the Company’s share of net earnings or losses and reduced by distributions. Equity in earnings of unconsolidated joint ventures is generally recognized based on the Company’s ownership interest in the earnings of each of the unconsolidated joint ventures. For the purposes of presentation in the statement of cash flows, the Company follows the “look through” approach for classification of distributions from joint ventures. Under this approach, distributions are reported under operating cash flow unless the facts and circumstances of a specific distribution clearly indicate that it is a return of capital (e.g., a liquidating dividend or distribution of the proceeds from the joint venture’s sale of assets), in which case it is reported as an investing activity. | ||||||||||||
Accounts Payable and Accrued Liabilities | Accounts Payable and Accrued Liabilities: Accounts payable and accrued liabilities consists primarily of trade payables, accrued interest, and property tax accruals. The Company accrues property tax expense based on estimates and historical trends. Actual expense could differ from these estimates. | ||||||||||||
Income Taxes | Income Taxes: The Company qualifies as a REIT under the Internal Revenue Code of 1986, as amended, and will generally not be subject to corporate income taxes to the extent it distributes its taxable income to its shareholders and complies with certain other requirements. | ||||||||||||
The Company has elected to treat one of its subsidiaries as a taxable REIT subsidiary. In general, the Company’s taxable REIT subsidiary may perform additional services for tenants and generally may engage in certain real estate or non-real estate related business. A taxable REIT subsidiary is subject to corporate federal and state income taxes. Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. | |||||||||||||
For the years ended December 31, 2014, 2013 and 2012, the Company recorded federal and state income tax expense of $0.9 million, $0.9 million and $1.3 million, respectively. The 2014 income tax expense includes current expense of $0.5 million and deferred tax expense of $0.4 million. At December 31, 2014 and 2013, there were no material unrecognized tax benefits. Interest and penalties relating to uncertain tax positions will be recognized in income tax expense when incurred. As of December 31, 2014 and 2013, the Company had no interest or penalties related to uncertain tax provisions. Net income taxes payable and the deferred tax liability of our taxable REIT subsidiary are classified within accounts payable and accrued liabilities in the consolidated balance sheet. As of December 31, 2014, the Company’s taxable REIT subsidiary has current prepaid taxes of $0.5 million and a deferred tax liability of $1.3 million. As of December 31, 2013, the Company’s taxable REIT subsidiary had current prepaid taxes of $0.3 million and a deferred tax liability of $0.9 million. | |||||||||||||
Derivative Financial Instruments | Derivative Financial Instruments: The Company accounts for derivatives in accordance with ASC Topic 815 “Derivatives and Hedging”, which requires companies to carry all derivatives on the balance sheet at fair value. The Company determines the fair value of derivatives using an income approach. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and, if so, the reason for holding it. The Company’s use of derivative instruments is limited to cash flow hedges of certain interest rate risks. | ||||||||||||
Recent Accounting Pronouncements | Recent Accounting Pronouncements: In July 2013, the FASB issued ASU 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” This ASU provides explicit guidance regarding the presentation in the statement of financial position of an unrecognized tax benefit when net operating losses or tax credit carryforwards exist. It is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, with early adoption permitted, and is applicable to the Company’s fiscal year beginning January 1, 2014. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. | ||||||||||||
In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360): Reporting Discontinued Operations and disclosures of Components of an Entity”. Under this ASU, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. The ASU also requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. It is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014, with early adoption permitted. The Company adopted this guidance effective January 1, 2014 and the adoption is expected to significantly reduce the classification of property sales by the Company as discontinued operations. | |||||||||||||
During 2014 the Company sold two properties with a carrying value of $5.8 million and received cash proceeds of $11.0 million, resulting in a $5.2 million gain on sale. The following table summarizes the revenues and expenses up to the date of sale of the two properties sold in 2014 that are included in the Company’s consolidated statements of operations for 2014, 2013 and 2012. | |||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||
Total revenues | $ | 1,268 | $ | 1,480 | $ | 1,333 | |||||||
Property operations and maintenance expense | (259 | ) | (362 | ) | (367 | ) | |||||||
Real estate tax expense | (158 | ) | (187 | ) | (157 | ) | |||||||
Depreciation and amortization expense | (137 | ) | (179 | ) | (175 | ) | |||||||
Gain on sale of storage facilities | 5,176 | — | — | ||||||||||
$ | 5,890 | $ | 752 | $ | 634 | ||||||||
In May 2014, FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605),” and requires an entity to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. The Company has the option to apply the provisions of ASU 2014-09 either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the new guidance recognized at the date of initial application. The Company has not yet completed its assessment of the impact that the adoption of ASU 2014-09 will have on its consolidated financial statements. | |||||||||||||
In June 2014, the FASB issued ASU 2014-12, “Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period,” which requires a reporting entity to treat a performance target that affects vesting and that could be achieved after the requisite service period as a performance condition. ASU 2014-12 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. ASU 2014-12 may be adopted either prospectively for share-based payment awards granted or modified on or after the effective date, or retrospectively, using a modified retrospective approach. The modified retrospective approach would apply to share-based payment awards outstanding as of the beginning of the earliest annual period presented in the financial statements on adoption, and to all new or modified awards thereafter. The Company does not expect the adoption of ASU 2014-12 to have a material impact on its consolidated financial statements. | |||||||||||||
Stock-Based Compensation | Stock-Based Compensation: The Company accounts for stock-based compensation under the provisions of ASC Topic 718, “Compensation - Stock Compensation”. The Company recognizes compensation cost in its financial statements for all share based payments granted, modified, or settled during the period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the related vesting period. | ||||||||||||
The Company recorded compensation expense (included in general and administrative expense) of $223,000, $301,000 and $280,000 related to stock options and $4.6 million, $2.9 million and $2.4 million related to amortization of non-vested stock grants for the years ended December 31, 2014, 2013 and 2012, respectively. The Company uses the Black-Scholes Merton option pricing model to estimate the fair value of stock options granted subsequent to the adoption of ASC Topic 718. The application of this pricing model involves assumptions that are judgmental and sensitive in the determination of compensation expense. The weighted average for key assumptions used in determining the fair value of options granted during 2014 follows: | |||||||||||||
Weighted Average | Range | ||||||||||||
Expected life (years) | 4.5 | 4.5 | |||||||||||
Risk free interest rate | 1.63 | % | 1.57% - | ||||||||||
1.71% | |||||||||||||
Expected volatility | 22.77 | % | 22.60% - | ||||||||||
22.90% | |||||||||||||
Expected dividend yield | 3.58 | % | 3.58% | ||||||||||
Fair value | $ | 10.04 | $10.02 - | ||||||||||
$10.06 | |||||||||||||
The weighted-average fair value of options granted during the years ended December 31, 2013 and 2012, were $13.95 and $12.40, respectively. | |||||||||||||
To determine expected volatility, the Company uses historical volatility based on daily closing prices of its Common Stock over periods that correlate with the expected terms of the options granted. The risk-free rate is based on the United States Treasury yield curve at the time of grant for the expected life of the options granted. Expected dividends are based on the Company’s history and expectation of dividend payouts. The expected life of stock options is based on the midpoint between the vesting date and the end of the contractual term. | |||||||||||||
During 2014 and 2013, the Company issued performance based non-vested stock to certain executives. The fair value for the performance based non-vested shares granted in 2014 and 2013 was estimated at the time the shares were granted using a Monte Carlo pricing model applying the following assumptions: | |||||||||||||
2014 | 2013 | ||||||||||||
Expected life (years) | 3 | 3 | |||||||||||
Risk free interest rate | 1.18 | % | 0.64 | % | |||||||||
Expected volatility | 18.42 | % | 24.78 | % | |||||||||
Fair value | $ | 46.95 | $ | 35.32 | |||||||||
The Monte Carlo pricing model was not used to value any other 2014, 2013 and 2012 non-vested shares granted as no market conditions were present in these awards. The value of these other non-vested shares was equal to the stock price on the date of grant. | |||||||||||||
Reclassification | Reclassification: Certain amounts from the 2013 balance sheet related to loan acquisition costs have been reclassified from other assets to a reduction in the outstanding debt balances. | ||||||||||||
Use of Estimates | Use of Estimates: The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. | ||||||||||||
Fair Value Measurements and Disclosures | The assets and liabilities of the acquired storage facilities, which primarily consist of tangible and intangible assets, are measured at fair value on the date of acquisition in accordance with the principles of FASB ASC Topic 820, “Fair Value Measurements and Disclosures.” |
Summary_of_Significant_Account2
Summary of Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Redeemable Noncontrolling Interest | Redemption value exceeded the value determined under the Company’s historical basis of accounting at those dates. | ||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||
Beginning balance noncontrolling redeemable Operating Partnership Units | $ | 12,940 | $ | 12,670 | |||||||||
Redemption of Operating Partnership Units | (6,028 | ) | (322 | ) | |||||||||
Redemption value in excess of carrying value | 570 | 1 | |||||||||||
Issuance of Operating Partnership Units | 2,417 | — | |||||||||||
Net income attributable to noncontrolling interests – consolidated joint venture | 526 | 469 | |||||||||||
Distributions | (541 | ) | (402 | ) | |||||||||
Adjustment to redemption value | 3,738 | 524 | |||||||||||
Ending balance noncontrolling redeemable Operating Partnership Units | $ | 13,622 | $ | 12,940 | |||||||||
Summary of Revenues and Expenses of Sale of Properties | The following table summarizes the revenues and expenses up to the date of sale of the two properties sold in 2014 that are included in the Company’s consolidated statements of operations for 2014, 2013 and 2012. | ||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||
Total revenues | $ | 1,268 | $ | 1,480 | $ | 1,333 | |||||||
Property operations and maintenance expense | (259 | ) | (362 | ) | (367 | ) | |||||||
Real estate tax expense | (158 | ) | (187 | ) | (157 | ) | |||||||
Depreciation and amortization expense | (137 | ) | (179 | ) | (175 | ) | |||||||
Gain on sale of real estate | 5,176 | — | — | ||||||||||
$ | 5,890 | $ | 752 | $ | 634 | ||||||||
Stock Options [Member] | |||||||||||||
Schedule of Weighted Average Fair Value of Options Granted | The weighted average for key assumptions used in determining the fair value of options granted during 2014 follows: | ||||||||||||
Weighted Average | Range | ||||||||||||
Expected life (years) | 4.5 | 4.5 | |||||||||||
Risk free interest rate | 1.63 | % | 1.57% - 1.71% | ||||||||||
Expected volatility | 22.77 | % | 22.60% - 22.90% | ||||||||||
Expected dividend yield | 3.58 | % | 3.58% | ||||||||||
Fair value | $ | 10.04 | $10.02 - $10.06 | ||||||||||
Performance Based Nonvested [Member] | |||||||||||||
Schedule of Weighted Average Fair Value of Options Granted | The fair value for the performance based non-vested shares granted in 2014 and 2013 was estimated at the time the shares were granted using a Monte Carlo pricing model applying the following assumptions: | ||||||||||||
2014 | 2013 | ||||||||||||
Expected life (years) | 3 | 3 | |||||||||||
Risk free interest rate | 1.18 | % | 0.64 | % | |||||||||
Expected volatility | 18.42 | % | 24.78 | % | |||||||||
Fair value | $ | 46.95 | $ | 35.32 |
Earnings_Per_Share_Tables
Earnings Per Share (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Earnings Per Share [Abstract] | |||||||||||||
Computation of Basic and Diluted Earnings Per Common Share | The following table sets forth the computation of basic and diluted earnings per common share utilizing the two-class method. | ||||||||||||
Year Ended December 31, | |||||||||||||
(Amounts in thousands, except per share data) | 2014 | 2013 | 2012 | ||||||||||
Numerator: | |||||||||||||
Net income from continuing operations attributable to common shareholders | $ | 88,531 | $ | 71,023 | $ | 47,677 | |||||||
Denominator: | |||||||||||||
Denominator for basic earnings per share - weighted average shares | 33,019 | 31,297 | 29,358 | ||||||||||
Effect of Dilutive Securities: | |||||||||||||
Stock options and non-vested stock | 172 | 156 | 131 | ||||||||||
Denominator for diluted earnings per share - adjusted weighted average shares and assumed conversion | 33,191 | 31,453 | 29,489 | ||||||||||
Basic Earnings per Common Share from continuing operations attributable to common shareholders | $ | 2.68 | $ | 2.27 | $ | 1.62 | |||||||
Basic Earnings per Common Share attributable to common shareholders | $ | 2.68 | $ | 2.37 | $ | 1.88 | |||||||
Diluted Earnings per Common Share from continuing operations attributable to common shareholders | $ | 2.67 | $ | 2.26 | $ | 1.61 | |||||||
Diluted Earnings per Common Share attributable to common shareholders | $ | 2.67 | $ | 2.36 | $ | 1.87 |
Investment_in_Storage_Faciliti1
Investment in Storage Facilities (Tables) | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||||||||||||||||||
Real Estate [Abstract] | |||||||||||||||||||||||||||||||||||||||||
Summary of Activity in Storage Facilities | The following summarizes activity in storage facilities during the years ended December 31, 2014 and December 31, 2013. | ||||||||||||||||||||||||||||||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||||||||||||||||||||||||||||||
Cost: | |||||||||||||||||||||||||||||||||||||||||
Beginning balance | $ | 1,864,637 | $ | 1,742,354 | |||||||||||||||||||||||||||||||||||||
Acquisition of storage facilities | 286,691 | 93,376 | |||||||||||||||||||||||||||||||||||||||
Improvements and equipment additions | 40,137 | 32,241 | |||||||||||||||||||||||||||||||||||||||
Increase (decrease) in construction in progress | (5,040 | ) | 1,570 | ||||||||||||||||||||||||||||||||||||||
Dispositions and impairments | (8,442 | ) | (4,904 | ) | |||||||||||||||||||||||||||||||||||||
Ending balance | $ | 2,177,983 | $ | 1,864,637 | |||||||||||||||||||||||||||||||||||||
Accumulated Depreciation: | |||||||||||||||||||||||||||||||||||||||||
Beginning balance | $ | 366,472 | $ | 324,963 | |||||||||||||||||||||||||||||||||||||
Additions during the year | 47,656 | 41,929 | |||||||||||||||||||||||||||||||||||||||
Dispositions and impairments | (2,427 | ) | (420 | ) | |||||||||||||||||||||||||||||||||||||
Ending balance | $ | 411,701 | $ | 366,472 | |||||||||||||||||||||||||||||||||||||
Schedule of Acquired Facilities and Purchase Price of Facilities | During 2014 and 2013, the Company acquired 33 and 11 self-storage facilities, respectively, and the purchase price of the facilities was assigned as follows (as of December 31, 2014 the purchase price assignments relating to the facilities acquired during the second half of 2014 are preliminary): | ||||||||||||||||||||||||||||||||||||||||
Consideration paid | Acquisition Date Fair Value | ||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | Number of | Date of | Purchase | Cash Paid | Value of | Net Other | Land | Building, | In-Place | Closing | |||||||||||||||||||||||||||||||
Properties | Acquisition | Price | Operating | Liabilities | Equipment, and | Customer | Costs | ||||||||||||||||||||||||||||||||||
State | Partnership | (Assets) | Improvements | Leases | Expensed | ||||||||||||||||||||||||||||||||||||
Units Issued | Assumed | ||||||||||||||||||||||||||||||||||||||||
2014 | |||||||||||||||||||||||||||||||||||||||||
Florida | 2 | 1/9/14 | $ | 54,000 | $ | 53,599 | $ | — | $ | 401 | $ | 23,309 | $ | 29,867 | $ | 824 | $ | 1,674 | |||||||||||||||||||||||
Texas | 1 | 1/17/14 | 9,000 | 8,962 | — | 38 | 3,999 | 4,856 | 145 | 216 | |||||||||||||||||||||||||||||||
Texas | 1 | 2/10/14 | 8,900 | 8,857 | — | 43 | 2,235 | 6,564 | 101 | 204 | |||||||||||||||||||||||||||||||
Maine | 2 | 2/11/14 | 14,750 | 14,602 | — | 148 | 2,639 | 11,824 | 287 | 409 | |||||||||||||||||||||||||||||||
Illinois | 1 | 3/31/14 | 8,700 | 8,582 | — | 118 | 1,837 | 6,724 | 139 | 224 | |||||||||||||||||||||||||||||||
Illinois | 1 | 5/5/14 | 5,500 | 5,487 | — | 13 | 598 | 4,902 | — | 45 | |||||||||||||||||||||||||||||||
Texas | 1 | 5/13/14 | 6,075 | 6,017 | — | 58 | 2,000 | 3,935 | 140 | 181 | |||||||||||||||||||||||||||||||
Missouri | 7 | 5/22/14 | 35,050 | 34,786 | — | 264 | 9,420 | 24,835 | 795 | 622 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 6/5/14 | 12,600 | 12,526 | — | 74 | 5,161 | 7,201 | 238 | 281 | |||||||||||||||||||||||||||||||
New York | 1 | 6/11/14 | 8,000 | 7,988 | — | 12 | 1,741 | 6,106 | 153 | 202 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 6/12/14 | 2,500 | 2,431 | — | 69 | — | 2,319 | 181 | 64 | |||||||||||||||||||||||||||||||
Georgia | 1 | 6/12/14 | 7,700 | 7,616 | — | 84 | 2,263 | 5,293 | 144 | 179 | |||||||||||||||||||||||||||||||
New Jersey | 3 | 6/18/14 | 18,325 | 18,221 | — | 104 | 2,543 | 15,377 | 405 | 542 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 7/10/14 | 11,590 | 11,572 | — | 18 | 1,512 | 9,880 | 198 | 321 | |||||||||||||||||||||||||||||||
Florida | 1 | 8/28/14 | 10,200 | 10,111 | — | 89 | 2,958 | 7,055 | 187 | 184 | |||||||||||||||||||||||||||||||
Virginia | 1 | 9/5/14 | 6,400 | 6,373 | — | 27 | 2,349 | 3,947 | 104 | 267 | |||||||||||||||||||||||||||||||
Texas | 1 | 9/10/14 | 11,200 | 11,046 | — | 154 | 2,658 | 8,299 | 243 | 196 | |||||||||||||||||||||||||||||||
Tennessee | 1 | 9/18/14 | 6,550 | 6,535 | — | 15 | 759 | 5,749 | 42 | 144 | |||||||||||||||||||||||||||||||
Louisiana | 1 | 10/10/14 | 16,750 | 16,630 | — | 120 | 5,771 | 10,697 | 282 | 238 | |||||||||||||||||||||||||||||||
Florida | 1 | 10/20/14 | 11,250 | 11,119 | — | 131 | 6,091 | 4,971 | 188 | 495 | |||||||||||||||||||||||||||||||
Texas | 1 | 10/28/14 | 13,125 | 13,095 | — | 30 | 4,196 | 8,721 | 208 | 267 | |||||||||||||||||||||||||||||||
Illinois | 1 | 11/14/14 | 5,750 | 3,239 | 2,417 | 94 | 889 | 4,850 | 11 | 206 | |||||||||||||||||||||||||||||||
Texas | 1 | 12/18/14 | 8,000 | 7,937 | — | 63 | 1,598 | 6,193 | 209 | 197 | |||||||||||||||||||||||||||||||
Total acquired 2014 | 33 | $ | 291,915 | $ | 287,331 | $ | 2,417 | $ | 2,167 | $ | 86,526 | $ | 200,165 | $ | 5,224 | $ | 7,358 | ||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||||||||||||||||||
Texas | 1 | 2/11/13 | $ | 2,400 | $ | 2,382 | $ | — | $ | 18 | $ | 337 | $ | 2,005 | $ | 58 | $ | 125 | |||||||||||||||||||||||
New York | 1 | 3/22/13 | 11,050 | 11,119 | — | (69 | ) | 2,122 | 8,736 | 192 | 244 | ||||||||||||||||||||||||||||||
Massachusetts | 1 | 3/22/13 | 8,850 | 8,848 | — | 2 | 1,553 | 7,186 | 111 | 141 | |||||||||||||||||||||||||||||||
New York | 2 | 8/29/13 | 22,000 | 21,985 | — | 15 | 3,320 | 18,378 | 302 | 466 | |||||||||||||||||||||||||||||||
Colorado | 1 | 9/30/13 | 5,940 | 5,859 | — | 81 | 628 | 5,201 | 111 | 167 | |||||||||||||||||||||||||||||||
New Jersey | 1 | 11/26/13 | 8,535 | 8,499 | — | 36 | 1,843 | 6,544 | 148 | 249 | |||||||||||||||||||||||||||||||
Florida | 1 | 12/4/13 | 6,300 | 6,231 | — | 69 | 868 | 5,306 | 126 | 153 | |||||||||||||||||||||||||||||||
Texas | 1 | 12/27/13 | 6,900 | 6,873 | — | 27 | 1,547 | 5,226 | 127 | 337 | |||||||||||||||||||||||||||||||
Connecticut | 1 | 12/30/13 | 10,160 | 10,209 | — | (49 | ) | 1,174 | 8,817 | 169 | 196 | ||||||||||||||||||||||||||||||
New Jersey | 1 | 12/30/13 | 12,765 | 12,754 | — | 11 | 1,639 | 10,946 | 180 | 359 | |||||||||||||||||||||||||||||||
Total acquired 2013 | 11 | $ | 94,900 | $ | 94,759 | $ | — | $ | 141 | $ | 15,031 | $ | 78,345 | $ | 1,524 | $ | 2,437 | ||||||||||||||||||||||||
Leased stores (CT, NY) | 4 | 11/1/13 | — | — | — | — | — | — | — | 692 | |||||||||||||||||||||||||||||||
Total acquired or leased 2013 | 15 | $ | 94,900 | $ | 94,759 | $ | — | $ | 141 | $ | 15,031 | $ | 78,345 | $ | 1,524 | $ | 3,129 | ||||||||||||||||||||||||
Schedule of Fair Value of In-Place Customer Lease Intangible Assets | In-place customer leases are included in other assets on the Company’s balance sheet as follows: | ||||||||||||||||||||||||||||||||||||||||
(Dollars in thousands) | 2014 | 2013 | |||||||||||||||||||||||||||||||||||||||
In-place customer leases | $ | 19,867 | $ | 14,643 | |||||||||||||||||||||||||||||||||||||
Accumulated amortization | (17,663 | ) | (13,551 | ) | |||||||||||||||||||||||||||||||||||||
Net carrying value at December 31, | $ | 2,204 | $ | 1,092 | |||||||||||||||||||||||||||||||||||||
Pro Forma Information Based on Combined Historical Financial Statements on Properties Acquired | The following unaudited pro forma information is based on the combined historical financial statements of the Company and the 33 properties acquired, and presents the Company’s results as if the acquisitions had occurred as of January 1, 2012: | ||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Total revenues | $ | 337,168 | $ | 300,589 | $ | 258,450 | |||||||||||||||||||||||||||||||||||
Net income attributable to common shareholders | $ | 99,103 | $ | 75,622 | $ | 41,942 | |||||||||||||||||||||||||||||||||||
Earnings per common share | |||||||||||||||||||||||||||||||||||||||||
Basic | $ | 2.94 | $ | 2.25 | $ | 1.25 | |||||||||||||||||||||||||||||||||||
Diluted | $ | 2.93 | $ | 2.23 | $ | 1.24 | |||||||||||||||||||||||||||||||||||
Summary of Revenues and Earnings Related to Properties Included in Company's Consolidated Statements of Operations | The following table summarizes the revenues and earnings related to the 33 properties since the acquisition dates that are included in the Company’s 2014 consolidated statements of operations. | ||||||||||||||||||||||||||||||||||||||||
Total revenues | $ | 16,793 | |||||||||||||||||||||||||||||||||||||||
Net loss attributable to common shareholders | $ | (7,953 | ) |
Discontinued_Operations_Tables
Discontinued Operations (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Discontinued Operations and Disposal Groups [Abstract] | |||||||||
Summary of Amount Reported as Discontinued Operations | The following is a summary of the amounts reported as discontinued operations in 2013 and 2012: | ||||||||
Year Ended December 31, | |||||||||
(dollars in thousands) | 2013 | 2012 | |||||||
Total revenue | $ | 1,726 | $ | 7,069 | |||||
Property operations and maintenance expense | (576 | ) | (2,189 | ) | |||||
Real estate tax expense | (145 | ) | (721 | ) | |||||
Depreciation and amortization expense | (313 | ) | (1,137 | ) | |||||
Net realized gain (loss) on sale of property | 2,431 | 4,498 | |||||||
Total income from discontinued operations | $ | 3,123 | $ | 7,520 | |||||
Unsecured_Line_of_Credit_and_T1
Unsecured Line of Credit and Term Notes (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Debt Disclosure [Abstract] | |||||||||
Borrowings Outstanding on Unsecured Line of Credit and Term Notes | Borrowings outstanding on our unsecured line of credit and term notes are as follows: | ||||||||
(Dollars in thousands) | Dec. 31, | Dec. 31, | |||||||
2014 | 2013 | ||||||||
Revolving line of credit borrowings | $ | 49,000 | $ | 49,000 | |||||
Term note due April 13, 2016 | 150,000 | 150,000 | |||||||
Term note due June 4, 2020 | 325,000 | 325,000 | |||||||
Term note due August 5, 2021 | 100,000 | 100,000 | |||||||
Term note due April 8, 2024 | 175,000 | — | |||||||
Total term notes payable | $ | 750,000 | $ | 575,000 | |||||
Mortgages_Payable_and_Debt_Mat1
Mortgages Payable and Debt Maturities (Tables) | 12 Months Ended | ||||||||||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||
Summary of Mortgage Payable | Mortgages payable at December 31, 2014 and 2013 consist of the following: | ||||||||||||||||||||||||||||||||
(dollars in thousands) | December 31, | December 31, | |||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
5.99% mortgage notes due May 1, 2026, secured by 1 self-storage facility with an aggregate net book value of $4.4 million, principal and interest paid monthly (effective interest rate 6.19%) | 2,127 | 2,254 | |||||||||||||||||||||||||||||||
Total mortgages payable | $ | 2,127 | $ | 2,254 | |||||||||||||||||||||||||||||
Summary of Debt Obligation and Interest Rate Derivatives | Accordingly, the estimates presented below are not necessarily indicative of the amounts the Company would realize in a current market exchange. | ||||||||||||||||||||||||||||||||
Expected Maturity Date Including Discount | |||||||||||||||||||||||||||||||||
(dollars in thousands) | 2015 | 2016 | 2017 | 2018 | 2019 | Thereafter | Total | Fair | |||||||||||||||||||||||||
Value | |||||||||||||||||||||||||||||||||
Line of credit - variable rate LIBOR + 1.30% (1.46% at December 31, 2014) | — | — | — | — | $ | 49,000 | — | $ | 49,000 | $ | 49,000 | ||||||||||||||||||||||
Notes Payable: | |||||||||||||||||||||||||||||||||
Term note - fixed rate 6.38% | — | $ | 150,000 | — | — | — | — | $ | 150,000 | $ | 161,166 | ||||||||||||||||||||||
Term note - variable rate LIBOR+1.40% (1.56% at December 31, 2014) | — | — | — | — | — | $ | 325,000 | $ | 325,000 | $ | 325,000 | ||||||||||||||||||||||
Term note - fixed rate 5.54% | — | — | — | — | — | $ | 100,000 | $ | 100,000 | $ | 111,452 | ||||||||||||||||||||||
Term note - fixed rate 4.533% | — | — | — | — | — | $ | 175,000 | $ | 175,000 | $ | 181,331 | ||||||||||||||||||||||
Mortgage note - fixed rate 5.99% | $ | 134 | $ | 142 | $ | 151 | $ | 160 | $ | 170 | $ | 1,370 | $ | 2,127 | $ | 2,277 | |||||||||||||||||
Interest rate derivatives – liability | — | — | — | — | — | — | — | $ | 13,341 |
Derivative_Financial_Instrumen1
Derivative Financial Instruments (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||
Summary of Interest Rate Swap Agreements | The Company has interest rate swap agreements in effect at December 31, 2014 as detailed below to effectively convert a total of $325 million of variable-rate debt to fixed-rate debt. | ||||||||||||||||
Notional Amount | Effective Date | Expiration Date | Fixed | Floating Rate | |||||||||||||
Rate Paid | Received | ||||||||||||||||
$125 Million | 9/1/11 | 8/1/18 | 2.37 | % | 1 month LIBOR | ||||||||||||
$100 Million | 12/30/11 | 12/29/17 | 1.6125 | % | 1 month LIBOR | ||||||||||||
$100 Million | 9/4/13 | 9/4/18 | 1.371 | % | 1 month LIBOR | ||||||||||||
$100 Million | 12/29/17 | 11/29/19 | 3.968 | % | 1 month LIBOR | ||||||||||||
$125 Million | 8/1/18 | 6/1/20 | 4.193 | % | 1 month LIBOR | ||||||||||||
Summary of Changes in AOCL | The changes in AOCL for the years ended December 31, 2014, 2013 and 2012 are summarized as follows: | ||||||||||||||||
(dollars in thousands) | Jan. 1, 2014 | Jan. 1, 2013 | Jan. 1, 2012 | ||||||||||||||
to | to | to | |||||||||||||||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |||||||||||||||
Accumulated other comprehensive loss beginning of period | $ | (6,402 | ) | $ | (15,242 | ) | $ | (10,255 | ) | ||||||||
Realized loss reclassified from accumulated other comprehensive loss to interest expense | 5,506 | 5,299 | 4,889 | ||||||||||||||
Unrealized gain (loss) from changes in the fair value of the effective portion of the interest rate swaps | (12,109 | ) | 3,541 | (9,876 | ) | ||||||||||||
(Loss) gain included in other comprehensive loss | (6,603 | ) | 8,840 | (4,987 | ) | ||||||||||||
Accumulated other comprehensive loss end of period | $ | (13,005 | ) | $ | (6,402 | ) | $ | (15,242 | ) | ||||||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||
Assets and Liabilities Carried at Fair Value Measured on Recurring Basis | The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2014 (in thousands): | ||||||||||||||||
Asset | Level 1 | Level 2 | Level 3 | ||||||||||||||
(Liability) | |||||||||||||||||
Interest rate swaps | (13,341 | ) | — | (13,341 | ) | — |
Stock_Based_Compensation_Table
Stock Based Compensation (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||
Stock Option Activity and Related Information | A summary of the Company’s stock option activity and related information for the years ended December 31 follows: | ||||||||||||||||||||||||
2014 | 2013 | 2012 | |||||||||||||||||||||||
Options | Weighted | Options | Weighted | Options | Weighted | ||||||||||||||||||||
average | average | average | |||||||||||||||||||||||
exercise | exercise | exercise | |||||||||||||||||||||||
price | price | price | |||||||||||||||||||||||
Outstanding at beginning of year: | 130,568 | $ | 44.82 | 273,248 | $ | 43.45 | 364,268 | $ | 42.76 | ||||||||||||||||
Granted | 14,000 | 76.01 | 8,000 | 69.9 | 9,500 | 49.42 | |||||||||||||||||||
Exercised | (27,462 | ) | 45.34 | (160,515 | ) | 43.72 | (91,520 | ) | 40.82 | ||||||||||||||||
Adjusted / (forfeited) | (1,500 | ) | 40.07 | 9,835 | 36.37 | (9,000 | ) | 39.23 | |||||||||||||||||
Outstanding at end of year | 115,606 | $ | 48.54 | 130,568 | $ | 44.82 | 273,248 | $ | 43.45 | ||||||||||||||||
Exercisable at end of year | 67,316 | $ | 49.18 | 60,382 | $ | 46.85 | 165,667 | $ | 44.56 | ||||||||||||||||
Stock Options Outstanding | A summary of the Company’s stock options outstanding at December 31, 2014 follows: | ||||||||||||||||||||||||
Outstanding | Exercisable | ||||||||||||||||||||||||
Exercise Price Range | Options | Weighted | Options | Weighted | |||||||||||||||||||||
average | average | ||||||||||||||||||||||||
exercise | exercise | ||||||||||||||||||||||||
price | price | ||||||||||||||||||||||||
$23.15 – 29.99 | 3,500 | $ | 23.15 | 3,500 | $ | 23.15 | |||||||||||||||||||
$30.00 – 39.99 | 5,000 | $ | 35.56 | 5,000 | $ | 35.56 | |||||||||||||||||||
$40.00 – 59.99 | 87,106 | $ | 44.41 | 44,816 | $ | 45.16 | |||||||||||||||||||
$60.00 – 76.07 | 20,000 | $ | 74.17 | 14,000 | $ | 73.43 | |||||||||||||||||||
Total | 115,606 | $ | 48.54 | 67,316 | $ | 49.18 | |||||||||||||||||||
Intrinsic value of outstanding stock options at December 31, 2014 | $ | 4,472,123 | |||||||||||||||||||||||
Intrinsic value of exercisable stock options at December 31, 2014 | $ | 2,560,457 | |||||||||||||||||||||||
Status of Unvested Shares of Stock Issued to Employees and Directors | A summary of the status of unvested shares of stock issued to employees and directors as of and during the years ended December 31 follows: | ||||||||||||||||||||||||
2014 | 2013 | 2012 | |||||||||||||||||||||||
Non-vested | Weighted | Non-vested | Weighted | Non-vested | Weighted | ||||||||||||||||||||
Shares | average | Shares | average | Shares | average | ||||||||||||||||||||
grant date | grant date | grant date | |||||||||||||||||||||||
fair value | fair value | fair value | |||||||||||||||||||||||
Unvested at beginning of year: | 293,196 | $ | 49.2 | 187,535 | $ | 37.36 | 246,634 | $ | 37.93 | ||||||||||||||||
Granted | 92,665 | 60.87 | 189,080 | 54.78 | 2,592 | 49.42 | |||||||||||||||||||
Vested | (72,876 | ) | 53.11 | (83,419 | ) | 35.28 | (60,912 | ) | 40.13 | ||||||||||||||||
Forfeited | (2,522 | ) | 28.66 | — | — | (779 | ) | 41.07 | |||||||||||||||||
Unvested at end of year | 310,463 | $ | 51.93 | 293,196 | $ | 49.2 | 187,535 | $ | 37.36 |
Investment_in_Joint_Ventures_T
Investment in Joint Ventures (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2014 | |||||||||||||
Equity Method Investments and Joint Ventures [Abstract] | |||||||||||||
Summary of Unconsolidated Joint Ventures' Financial Statements | A summary of the unconsolidated joint ventures’ financial statements as of and for the year ended December 31, 2014 is as follows: | ||||||||||||
(dollars in thousands) | Sovran HHF | Sovran HHF | Iskalo Office | ||||||||||
Storage | Storage | Holdings, LLC | |||||||||||
Holdings LLC | Holdings II LLC | ||||||||||||
Balance Sheet Data: | |||||||||||||
Investment in storage facilities, net | $ | 341,817 | $ | 185,214 | $ | — | |||||||
Investment in office building | — | — | 5,005 | ||||||||||
Other assets | 5,408 | 3,711 | 3,386 | ||||||||||
Total Assets | $ | 347,225 | $ | 188,925 | $ | 8,391 | |||||||
Due to the Company | $ | 260 | $ | 333 | $ | — | |||||||
Mortgages payable | 124,888 | 102,884 | 9,267 | ||||||||||
Other liabilities | 4,651 | 1,792 | 402 | ||||||||||
Total Liabilities | 129,799 | 105,009 | 9,669 | ||||||||||
Unaffiliated partners’ equity (deficiency) | 173,941 | 71,335 | (729 | ) | |||||||||
Company equity (deficiency) | 43,485 | 12,581 | (549 | ) | |||||||||
Total Partners’ Equity (Deficiency) | 217,426 | 83,916 | (1,278 | ) | |||||||||
Total Liabilities and Partners’ Equity (Deficiency) | $ | 347,225 | $ | 188,925 | $ | 8,391 | |||||||
Income Statement Data: | |||||||||||||
Total revenues | $ | 26,508 | $ | 28,502 | $ | 1,405 | |||||||
Property operating expenses | (8,336 | ) | (9,809 | ) | (571 | ) | |||||||
Administrative, management and call center fees | (1,954 | ) | (2,113 | ) | — | ||||||||
Acquisition costs | (1,837 | ) | — | — | |||||||||
Depreciation and amortization of customer list | (5,099 | ) | (4,163 | ) | (236 | ) | |||||||
Amortization of financing fees | (190 | ) | (203 | ) | (14 | ) | |||||||
Income tax expense | (151 | ) | (461 | ) | — | ||||||||
Interest expense | (4,475 | ) | (5,142 | ) | (365 | ) | |||||||
Net income | $ | 4,466 | $ | 6,611 | $ | 219 | |||||||
Summary of Cash Flows Arising from Off-Balance Sheet Arrangements | A summary of our cash flows arising from the off-balance sheet arrangements with Sovran HHF, Sovran HHF II and Iskalo Office Holdings, LLC for the three years ended December 31, 2014 are as follows: | ||||||||||||
Year ended December 31, | |||||||||||||
(dollars in thousands) | 2014 | 2013 | 2012 | ||||||||||
Statement of Operations | |||||||||||||
Other operating income (management fees and acquisition fee income) | $ | 4,231 | $ | 3,358 | $ | 3,177 | |||||||
General and administrative expenses (corporate office rent) | 1,023 | 811 | 704 | ||||||||||
Equity in income (losses) of joint ventures | 2,086 | 1,948 | 936 | ||||||||||
Distributions from unconsolidated joint ventures | 3,123 | 2,630 | 2,184 | ||||||||||
Receipts from (advances to) joint ventures | 590 | (27 | ) | (242 | ) | ||||||||
Investing activities | |||||||||||||
Investment in unconsolidated joint ventures | (28,650 | ) | (4,237 | ) | (3,571 | ) | |||||||
Return of capital from unconsolidated joint ventures | — | 7,360 | — |
Supplementary_Quarterly_Financ1
Supplementary Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||||
Summary of Quarterly Results of Operations | The following is a summary of quarterly results of operations for the years ended December 31, 2014 and 2013 (dollars in thousands, except per share data): | ||||||||||||||||
2014 Quarter Ended | |||||||||||||||||
March 31 | June 30 | Sept. 30 | Dec. 31 | ||||||||||||||
Operating revenue | $ | 75,457 | $ | 80,444 | $ | 85,249 | $ | 84,930 | |||||||||
Income from continuing operations | 16,775 | 20,701 | 25,743 | 25,838 | |||||||||||||
Income from discontinued operations | — | — | — | — | |||||||||||||
Net Income | 16,775 | 20,701 | 25,743 | 25,838 | |||||||||||||
Net income attributable to common shareholders | 16,673 | 20,576 | 25,589 | 25,693 | |||||||||||||
Net Income Per Share Attributable to Common Shareholders | |||||||||||||||||
Basic | $ | 0.51 | $ | 0.63 | $ | 0.77 | $ | 0.76 | |||||||||
Diluted | $ | 0.51 | $ | 0.62 | $ | 0.77 | $ | 0.76 | |||||||||
2013 Quarter Ended | |||||||||||||||||
March 31 | June 30 | Sept. 30 | Dec. 31 | ||||||||||||||
Operating revenue (a) | $ | 63,878 | $ | 67,109 | $ | 70,455 | $ | 72,065 | |||||||||
Income from continuing operations (a) | 14,204 | 17,816 | 19,552 | 19,900 | |||||||||||||
Income from discontinued operations (a) | 168 | 236 | 247 | 2,472 | |||||||||||||
Net Income | 14,372 | 18,052 | 19,799 | 22,371 | |||||||||||||
Net income attributable to common shareholders | 14,280 | 17,937 | 19,675 | 22,234 | |||||||||||||
Net Income Per Share Attributable to Common Shareholders | |||||||||||||||||
Basic | $ | 0.47 | $ | 0.57 | $ | 0.63 | $ | 0.7 | |||||||||
Diluted | $ | 0.47 | $ | 0.57 | $ | 0.62 | $ | 0.69 | |||||||||
(a) | March, June and September data from 2013 as presented in this table differ from the amounts as presented in the Company’s quarterly reports due to the impact of discontinued operations accounting with respect to the four properties sold in 2013 as described in Note 5. |
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||
Summary of Self Storage Facilities Acquisitions | The following is a summary of the 2015 acquisitions (dollars in thousands): | ||||||||||||||||
State | Number of | Date of | Purchase | ||||||||||||||
Properties | Acquisition | Price | |||||||||||||||
New York, Connecticut | 4 | 2/2/15 | $ | 120,000 | |||||||||||||
Illinois | 1 | 2/5/15 | 6,800 | ||||||||||||||
Total acquired 2015 | 5 | $ | 126,800 | ||||||||||||||
Future Minimum Lease Payments | Future minimum lease payments on the lease of the four storage facilities, a building lease, and the lease of the Company’s headquarters are as follows (dollars in thousands): | ||||||||||||||||
Four | Building | Corporate | Total | ||||||||||||||
Storage | Lease | Headquarters | |||||||||||||||
Facilities | |||||||||||||||||
2015 | $ | 537 | $ | 48 | $ | 896 | $ | 1,481 | |||||||||
2016 | — | 48 | 914 | 962 | |||||||||||||
2017 | — | 48 | 924 | 972 | |||||||||||||
2018 | — | 48 | 924 | 972 | |||||||||||||
2019 | — | 51 | 924 | 975 | |||||||||||||
Thereafter | — | 211 | 3,167 | 3,378 | |||||||||||||
Total | $ | 537 | $ | 454 | $ | 7,749 | $ | 8,740 |
Organization_Additional_Inform
Organization - Additional Information (Detail) | 12 Months Ended | |||
Dec. 31, 2014 | Dec. 31, 2008 | Dec. 31, 2012 | Dec. 31, 2011 | |
Property | Property | Property | ||
Organization [Line Items] | ||||
Number of self-storage properties owned and managed | 518 | |||
Number of states in which self-storage properties owned and managed | 25 | |||
Number of properties managed with no ownership | 17 | |||
Number of properties leased | 4 | |||
Sovran HHF Storage Holdings LLC [Member] | ||||
Organization [Line Items] | ||||
Number of properties owned and managed under twenty-percent stake joint venture | 39 | 25 | ||
Percentage ownership in unconsolidated joint venture | 20.00% | |||
Sovran HHF Storage Holdings II LLC [Member] | ||||
Organization [Line Items] | ||||
Percentage ownership in unconsolidated joint venture | 15.00% | |||
Number of properties owned and managed under fifteen-percent stake joint venture | 30 | 10 | 20 | |
Geographic Concentration Risk [Member] | Texas and Florida [Member] | Revenue [Member] | ||||
Organization [Line Items] | ||||
Concentration risk, percentage | 39.00% |
Summary_of_Significant_Account3
Summary of Significant Accounting Policies - Additional Information (Detail) (USD $) | 12 Months Ended | 0 Months Ended | 6 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Feb. 05, 2013 | Jun. 30, 2011 | |
Facility | Facility | ||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Percentage of ownership interest of the subsidiary and its limited partnership which controls the operations of the Operating Partnership | 99.50% | ||||
Gain on sale of real estate | $421,000 | $687,000 | |||
Units of redeemable noncontrolling interest in operating partnership | 155,484 | 198,913 | |||
Noncontrolling limited partnership unit redemption value | One common share or cash | ||||
Number of units issued for acquisition | 28,481 | ||||
Fair value of units, issued for acquisition | 2,417,000 | ||||
Number of storage facilities acquired | 33 | 11 | |||
Cash balance | 6,000 | 34,000 | |||
Allowance for doubtful accounts | 500,000 | 400,000 | 400,000 | ||
Advertising costs | 6,200,000 | 5,400,000 | 4,600,000 | ||
Acquisition related costs | 7,359,000 | 3,129,000 | 4,328,000 | ||
Capitalized interest | 100,000 | 100,000 | 100,000 | ||
Gross deferred financing costs | 8,200,000 | 6,300,000 | |||
Accumulated amortization of gross deferred financing costs | 1,900,000 | 2,000,000 | |||
Property deposits | 800,000 | 5,600,000 | |||
Amortization of deferred financing costs | 942,000 | 834,000 | 836,000 | ||
Federal and state income tax expense | 900,000 | 900,000 | 1,300,000 | ||
Federal and state income tax expense, current | 500,000 | ||||
Federal and state income tax expense, deferred | 400,000 | ||||
Unrecognized tax benefits | 0 | 0 | |||
Current prepaid taxes | 500,000 | 300,000 | |||
Deferred tax liability | 1,300,000 | 900,000 | |||
Number of properties sold | 2 | ||||
Carrying value of properties sold | 5,800,000 | ||||
Net proceeds from the sale of storage facilities | 11,191,000 | ||||
Gain on sale of storage facilities | 5,176,000 | ||||
Stock option expense | 223,000 | 301,000 | 280,000 | ||
Amortization of non-vested stock grants | 4,600,000 | 2,900,000 | 2,400,000 | ||
Weighted-average fair value of options granted | $13.95 | $12.40 | |||
Self-Storage Facility [Member] | |||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Number of storage facilities acquired | 1 | ||||
Building and Improvements [Member] | |||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Estimated useful lives, (in years) | 40 years | ||||
Furniture, Fixtures and Equipment [Member] | Minimum [Member] | |||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Estimated useful lives, (in years) | 5 years | ||||
Furniture, Fixtures and Equipment [Member] | Maximum [Member] | |||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Estimated useful lives, (in years) | 20 years | ||||
Two Properties [Member] | |||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Net proceeds from the sale of storage facilities | 11,000,000 | ||||
West Deptford JV LLC [Member] | |||||
Schedule Of Significant Accounting Policies [Line Items] | |||||
Percentage ownership in consolidated joint venture | 20.00% | ||||
Payments to acquire businesses and interest in affiliates | 4,200,000 | ||||
Mortgage note acquired | 2,800,000 | ||||
Interest rate for mortgage notes acquired | 8.00% | ||||
Payments to acquire preferred interest in affiliates | 1,400,000 | ||||
Preferred interest in investment | 8.00% | ||||
Membership Interest Purchase Agreement, common and preferred interests | 1,400,000 | ||||
Joint venture partner repaid | 2,800,000 | ||||
Gain on sale of real estate | $400,000 |
Summary_of_Significant_Account4
Summary of Significant Accounting Policies - Summary of Redeemable Noncontrolling Interest (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Redeemable Noncontrolling Interest, Equity, Fair Value [Abstract] | |||
Beginning balance noncontrolling redeemable Operating Partnership Units | $12,940 | $12,670 | |
Redemption of operating partnership units | -6,028 | -322 | -7,372 |
Redemption value in excess of carrying value | 570 | 1 | |
Issuance of Operating Partnership Units | 2,417 | ||
Net income attributable to noncontrolling interests - consolidated joint venture | 526 | 469 | 513 |
Distributions | -541 | -402 | |
Adjustment to redemption value | 3,738 | 524 | 5,088 |
Ending balance noncontrolling redeemable Operating Partnership Units | $13,622 | $12,940 | $12,670 |
Summary_of_Significant_Account5
Summary of Significant Accounting Policies - Summary of Revenues and Expenses of Sale of Properties (Detail) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Sep. 30, 2014 | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Schedule Of Significant Accounting Policies [Line Items] | |||||||||||
Total revenues | $84,930 | $85,249 | $80,444 | $75,457 | $72,065 | $70,455 | $67,109 | $63,878 | $326,080 | $273,507 | $234,082 |
Property operations and maintenance expense | -69,763 | -61,316 | -55,163 | ||||||||
Real estate tax expense | -32,097 | -26,496 | -22,076 | ||||||||
Depreciation and amortization expense | -51,749 | -45,233 | -40,542 | ||||||||
Gain on sale of storage facilities | 5,176 | ||||||||||
Properties Sold in Two Thousand and Fourteen [Member] | |||||||||||
Schedule Of Significant Accounting Policies [Line Items] | |||||||||||
Total revenues | 1,268 | 1,480 | 1,333 | ||||||||
Property operations and maintenance expense | -259 | -362 | -367 | ||||||||
Real estate tax expense | -158 | -187 | -157 | ||||||||
Depreciation and amortization expense | -137 | -179 | -175 | ||||||||
Gain on sale of storage facilities | 5,176 | ||||||||||
Total revenues and expenses | $5,890 | $752 | $634 |
Summary_of_Significant_Account6
Summary of Significant Accounting Policies - Schedule of Weighted Average Fair Value of Options Granted (Detail) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2014 | |
Schedule Of Weighted Average Assumptions For Fair Values Of Stock Options [Line Items] | |||
Weighted Average Fair value | $13.95 | $12.40 | |
Stock Options [Member] | |||
Schedule Of Weighted Average Assumptions For Fair Values Of Stock Options [Line Items] | |||
Weighted Average, Expected life (years) | 4 years 6 months | ||
Weighted Average, Risk free interest rate | 1.63% | ||
Weighted Average, Expected volatility | 22.77% | ||
Expected life (years) | 4 years 6 months | ||
Risk free interest rate, minimum range | 1.57% | ||
Risk free interest rate, maximum range | 1.71% | ||
Expected volatility, minimum range | 22.60% | ||
Weighted Average Fair value | $10.04 | ||
Expected volatility, maximum range | 22.90% | ||
Expected dividend yield | 3.58% | ||
Fair value, minimum range | 10.02% | ||
Fair value, maximum range | 10.06% | ||
Stock Options [Member] | Weighted Average [Member] | |||
Schedule Of Weighted Average Assumptions For Fair Values Of Stock Options [Line Items] | |||
Expected dividend yield | 3.58% | ||
Performance Based Nonvested [Member] | |||
Schedule Of Weighted Average Assumptions For Fair Values Of Stock Options [Line Items] | |||
Expected life (years) | 3 years | 3 years | |
Risk free interest rate | 0.64% | 1.18% | |
Expected volatility | 24.78% | 18.42% | |
Weighted Average Fair value | $35.32 | $46.95 |
Earnings_Per_Share_Computation
Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Detail) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2014 | Sep. 30, 2014 | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Numerator: | |||||||||||
Net income from continuing operations attributable to common shareholders | $88,531 | $71,023 | $47,677 | ||||||||
Denominator: | |||||||||||
Denominator for basic earnings per share - weighted average shares | 33,019 | 31,297 | 29,358 | ||||||||
Effect of Dilutive Securities: | |||||||||||
Stock options and non-vested stock | 172 | 156 | 131 | ||||||||
Denominator for diluted earnings per share - adjusted weighted average shares and assumed conversion | 33,191 | 31,453 | 29,489 | ||||||||
Basic Earnings per Common Share from continuing operations attributable to common shareholders | $2.68 | $2.27 | $1.62 | ||||||||
Basic Earnings per Common Share attributable to common shareholders | $0.76 | $0.77 | $0.63 | $0.51 | $0.70 | $0.63 | $0.57 | $0.47 | $2.68 | $2.37 | $1.88 |
Diluted Earnings per Common Share from continuing operations attributable to common shareholders | $2.67 | $2.26 | $1.61 | ||||||||
Diluted Earnings per Common Share attributable to common shareholders | $0.76 | $0.77 | $0.62 | $0.51 | $0.69 | $0.62 | $0.57 | $0.47 | $2.67 | $2.36 | $1.87 |
Earnings_Per_Share_Additional_
Earnings Per Share - Additional Information (Detail) | 12 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |
Stock Options [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Securities not included in the effect of dilutive securities | 5,000 | 2,000 | 31,375 |
Restricted Stock [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Securities not included in the effect of dilutive securities | 151,474 | 112,664 | 121,711 |
Investment_in_Storage_Faciliti2
Investment in Storage Facilities - Summary of Activity in Storage Facilities (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Cost: | |||
Beginning balance | $1,864,637 | $1,742,354 | |
Acquisition of storage facilities | 286,691 | 93,376 | |
Improvements and equipment additions | 40,137 | 32,241 | |
Increase (decrease) in construction in progress | -5,040 | 1,570 | |
Dispositions and impairments | -8,442 | -4,904 | -4,598 |
Ending balance | 2,177,983 | 1,864,637 | 1,742,354 |
Accumulated Depreciation: | |||
Beginning balance | 366,472 | 324,963 | |
Additions during the year | 47,656 | 41,929 | |
Dispositions and impairments | -2,427 | -420 | |
Ending balance | $411,701 | $366,472 | $324,963 |
Investment_in_Storage_Faciliti3
Investment in Storage Facilities - Additional Information (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Facility | Facility | ||
Real Estate [Abstract] | |||
Number of storage facilities acquired | 33 | 11 | |
Cash paid for properties acquired | $287.30 | ||
Deposits paid at the time of contract | 5.6 | ||
Amortization period for in-place customer leases on a straight-line basis | 12 months | ||
Amortization expense related to in-place customer leases | 4.1 | 3.3 | 3.3 |
Amortization expense expected for 2015 | $2.20 |
Investment_in_Storage_Faciliti4
Investment in Storage Facilities - Schedule of Acquired Facilities and Purchase Price of Facilities (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Facility | Facility | ||
Investment Holdings [Line Items] | |||
Number of Properties | 33 | 11 | |
Cash Paid | $287,300 | ||
Value of Operating Partnership Units Issued | 2,417 | ||
Closing Costs Expensed | 7,359 | 3,129 | 4,328 |
Acquisitions 2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 33 | ||
Purchase Price | 291,915 | ||
Cash Paid | 287,331 | ||
Value of Operating Partnership Units Issued | 2,417 | ||
Net Other Liabilities (Assets) Assumed | 2,167 | ||
Land | 86,526 | ||
Acquisition Date Building, Equipment, and Improvements | 200,165 | ||
Fair Value In-Place Customer Leases | 5,224 | ||
Closing Costs Expensed | 7,358 | ||
Acquisitions 2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 11 | ||
Purchase Price | 94,900 | ||
Cash Paid | 94,759 | ||
Net Other Liabilities (Assets) Assumed | 141 | ||
Land | 15,031 | ||
Acquisition Date Building, Equipment, and Improvements | 78,345 | ||
Fair Value In-Place Customer Leases | 1,524 | ||
Closing Costs Expensed | 2,437 | ||
Date of Acquisition, 11/1/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 4 | ||
Date of Acquisition | 1-Nov-13 | ||
Closing Costs Expensed | 692 | ||
Total Acquired or Leased 2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 15 | ||
Purchase Price | 94,900 | ||
Cash Paid | 94,759 | ||
Net Other Liabilities (Assets) Assumed | 141 | ||
Land | 15,031 | ||
Acquisition Date Building, Equipment, and Improvements | 78,345 | ||
Fair Value In-Place Customer Leases | 1,524 | ||
Closing Costs Expensed | 3,129 | ||
Date of Acquisition, 11/1/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Leased Properties | 4 | ||
Florida [Member] | Date Of Acquisition, 1/9/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 2 | ||
Date of Acquisition | 9-Jan-14 | ||
Purchase Price | 54,000 | ||
Cash Paid | 53,599 | ||
Net Other Liabilities (Assets) Assumed | 401 | ||
Land | 23,309 | ||
Acquisition Date Building, Equipment, and Improvements | 29,867 | ||
Fair Value In-Place Customer Leases | 824 | ||
Closing Costs Expensed | 1,674 | ||
Florida [Member] | Date Of Acquisition, 8/28/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 28-Aug-14 | ||
Purchase Price | 10,200 | ||
Cash Paid | 10,111 | ||
Net Other Liabilities (Assets) Assumed | 89 | ||
Land | 2,958 | ||
Acquisition Date Building, Equipment, and Improvements | 7,055 | ||
Fair Value In-Place Customer Leases | 187 | ||
Closing Costs Expensed | 184 | ||
Florida [Member] | Date Of Acquisition, 10/20/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 20-Oct-14 | ||
Purchase Price | 11,250 | ||
Cash Paid | 11,119 | ||
Net Other Liabilities (Assets) Assumed | 131 | ||
Land | 6,091 | ||
Acquisition Date Building, Equipment, and Improvements | 4,971 | ||
Fair Value In-Place Customer Leases | 188 | ||
Closing Costs Expensed | 495 | ||
Florida [Member] | Date of Acquisition, 12/4/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 4-Dec-13 | ||
Purchase Price | 6,300 | ||
Cash Paid | 6,231 | ||
Net Other Liabilities (Assets) Assumed | 69 | ||
Land | 868 | ||
Acquisition Date Building, Equipment, and Improvements | 5,306 | ||
Fair Value In-Place Customer Leases | 126 | ||
Closing Costs Expensed | 153 | ||
Texas [Member] | Date Of Acquisition, 1/17/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 17-Jan-14 | ||
Purchase Price | 9,000 | ||
Cash Paid | 8,962 | ||
Net Other Liabilities (Assets) Assumed | 38 | ||
Land | 3,999 | ||
Acquisition Date Building, Equipment, and Improvements | 4,856 | ||
Fair Value In-Place Customer Leases | 145 | ||
Closing Costs Expensed | 216 | ||
Texas [Member] | Date Of Acquisition, 2/10/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 10-Feb-14 | ||
Purchase Price | 8,900 | ||
Cash Paid | 8,857 | ||
Net Other Liabilities (Assets) Assumed | 43 | ||
Land | 2,235 | ||
Acquisition Date Building, Equipment, and Improvements | 6,564 | ||
Fair Value In-Place Customer Leases | 101 | ||
Closing Costs Expensed | 204 | ||
Texas [Member] | Date Of Acquisition, 5/13/2014[Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 13-May-14 | ||
Purchase Price | 6,075 | ||
Cash Paid | 6,017 | ||
Net Other Liabilities (Assets) Assumed | 58 | ||
Land | 2,000 | ||
Acquisition Date Building, Equipment, and Improvements | 3,935 | ||
Fair Value In-Place Customer Leases | 140 | ||
Closing Costs Expensed | 181 | ||
Texas [Member] | Date Of Acquisition, 9/10/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 10-Sep-14 | ||
Purchase Price | 11,200 | ||
Cash Paid | 11,046 | ||
Net Other Liabilities (Assets) Assumed | 154 | ||
Land | 2,658 | ||
Acquisition Date Building, Equipment, and Improvements | 8,299 | ||
Fair Value In-Place Customer Leases | 243 | ||
Closing Costs Expensed | 196 | ||
Texas [Member] | Date Of Acquisition, 10/28/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 28-Oct-14 | ||
Purchase Price | 13,125 | ||
Cash Paid | 13,095 | ||
Net Other Liabilities (Assets) Assumed | 30 | ||
Land | 4,196 | ||
Acquisition Date Building, Equipment, and Improvements | 8,721 | ||
Fair Value In-Place Customer Leases | 208 | ||
Closing Costs Expensed | 267 | ||
Texas [Member] | Date Of Acquisition, 12/18/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 18-Dec-14 | ||
Purchase Price | 8,000 | ||
Cash Paid | 7,937 | ||
Net Other Liabilities (Assets) Assumed | 63 | ||
Land | 1,598 | ||
Acquisition Date Building, Equipment, and Improvements | 6,193 | ||
Fair Value In-Place Customer Leases | 209 | ||
Closing Costs Expensed | 197 | ||
Texas [Member] | Date of Acquisition, 2/11/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 11-Feb-13 | ||
Purchase Price | 2,400 | ||
Cash Paid | 2,382 | ||
Net Other Liabilities (Assets) Assumed | 18 | ||
Land | 337 | ||
Acquisition Date Building, Equipment, and Improvements | 2,005 | ||
Fair Value In-Place Customer Leases | 58 | ||
Closing Costs Expensed | 125 | ||
Texas [Member] | Date of Acquisition, 12/27/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 27-Dec-13 | ||
Purchase Price | 6,900 | ||
Cash Paid | 6,873 | ||
Net Other Liabilities (Assets) Assumed | 27 | ||
Land | 1,547 | ||
Acquisition Date Building, Equipment, and Improvements | 5,226 | ||
Fair Value In-Place Customer Leases | 127 | ||
Closing Costs Expensed | 337 | ||
Maine [Member] | Date Of Acquisition, 2/11/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 2 | ||
Date of Acquisition | 11-Feb-14 | ||
Purchase Price | 14,750 | ||
Cash Paid | 14,602 | ||
Net Other Liabilities (Assets) Assumed | 148 | ||
Land | 2,639 | ||
Acquisition Date Building, Equipment, and Improvements | 11,824 | ||
Fair Value In-Place Customer Leases | 287 | ||
Closing Costs Expensed | 409 | ||
Illinois [Member] | Date Of Acquisition, 3/31/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 31-Mar-14 | ||
Purchase Price | 8,700 | ||
Cash Paid | 8,582 | ||
Net Other Liabilities (Assets) Assumed | 118 | ||
Land | 1,837 | ||
Acquisition Date Building, Equipment, and Improvements | 6,724 | ||
Fair Value In-Place Customer Leases | 139 | ||
Closing Costs Expensed | 224 | ||
Illinois [Member] | Date Of Acquisition, 5/5/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 5-May-14 | ||
Purchase Price | 5,500 | ||
Cash Paid | 5,487 | ||
Net Other Liabilities (Assets) Assumed | 13 | ||
Land | 598 | ||
Acquisition Date Building, Equipment, and Improvements | 4,902 | ||
Closing Costs Expensed | 45 | ||
Illinois [Member] | Date Of Acquisition, 11/14/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 14-Nov-14 | ||
Purchase Price | 5,750 | ||
Cash Paid | 3,239 | ||
Value of Operating Partnership Units Issued | 2,417 | ||
Net Other Liabilities (Assets) Assumed | 94 | ||
Land | 889 | ||
Acquisition Date Building, Equipment, and Improvements | 4,850 | ||
Fair Value In-Place Customer Leases | 11 | ||
Closing Costs Expensed | 206 | ||
Missouri [Member] | Date Of Acquisition, 5/22/2014[Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 7 | ||
Date of Acquisition | 22-May-14 | ||
Purchase Price | 35,050 | ||
Cash Paid | 34,786 | ||
Net Other Liabilities (Assets) Assumed | 264 | ||
Land | 9,420 | ||
Acquisition Date Building, Equipment, and Improvements | 24,835 | ||
Fair Value In-Place Customer Leases | 795 | ||
Closing Costs Expensed | 622 | ||
New Jersey [Member] | Date Of Acquisition, 6/5/2014[Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 5-Jun-14 | ||
Purchase Price | 12,600 | ||
Cash Paid | 12,526 | ||
Net Other Liabilities (Assets) Assumed | 74 | ||
Land | 5,161 | ||
Acquisition Date Building, Equipment, and Improvements | 7,201 | ||
Fair Value In-Place Customer Leases | 238 | ||
Closing Costs Expensed | 281 | ||
New Jersey [Member] | Date Of Acquisition, 6/12/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 12-Jun-14 | ||
Purchase Price | 2,500 | ||
Cash Paid | 2,431 | ||
Net Other Liabilities (Assets) Assumed | 69 | ||
Acquisition Date Building, Equipment, and Improvements | 2,319 | ||
Fair Value In-Place Customer Leases | 181 | ||
Closing Costs Expensed | 64 | ||
New Jersey [Member] | Date Of Acquisition, 6/18/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 3 | ||
Date of Acquisition | 18-Jun-14 | ||
Purchase Price | 18,325 | ||
Cash Paid | 18,221 | ||
Net Other Liabilities (Assets) Assumed | 104 | ||
Land | 2,543 | ||
Acquisition Date Building, Equipment, and Improvements | 15,377 | ||
Fair Value In-Place Customer Leases | 405 | ||
Closing Costs Expensed | 542 | ||
New Jersey [Member] | Date Of Acquisition, 7/10/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 10-Jul-14 | ||
Purchase Price | 11,590 | ||
Cash Paid | 11,572 | ||
Net Other Liabilities (Assets) Assumed | 18 | ||
Land | 1,512 | ||
Acquisition Date Building, Equipment, and Improvements | 9,880 | ||
Fair Value In-Place Customer Leases | 198 | ||
Closing Costs Expensed | 321 | ||
New Jersey [Member] | Date of Acquisition, 11/26/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 26-Nov-13 | ||
Purchase Price | 8,535 | ||
Cash Paid | 8,499 | ||
Net Other Liabilities (Assets) Assumed | 36 | ||
Land | 1,843 | ||
Acquisition Date Building, Equipment, and Improvements | 6,544 | ||
Fair Value In-Place Customer Leases | 148 | ||
Closing Costs Expensed | 249 | ||
New Jersey [Member] | Date of Acquisition, 12/30/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 30-Dec-13 | ||
Purchase Price | 12,765 | ||
Cash Paid | 12,754 | ||
Net Other Liabilities (Assets) Assumed | 11 | ||
Land | 1,639 | ||
Acquisition Date Building, Equipment, and Improvements | 10,946 | ||
Fair Value In-Place Customer Leases | 180 | ||
Closing Costs Expensed | 359 | ||
New York, Connecticut [Member] | Date Of Acquisition, 6/11/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 11-Jun-14 | ||
Purchase Price | 8,000 | ||
Cash Paid | 7,988 | ||
Net Other Liabilities (Assets) Assumed | 12 | ||
Land | 1,741 | ||
Acquisition Date Building, Equipment, and Improvements | 6,106 | ||
Fair Value In-Place Customer Leases | 153 | ||
Closing Costs Expensed | 202 | ||
New York, Connecticut [Member] | Date of Acquisition, 3/22/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 22-Mar-13 | ||
Purchase Price | 11,050 | ||
Cash Paid | 11,119 | ||
Net Other Liabilities (Assets) Assumed | -69 | ||
Land | 2,122 | ||
Acquisition Date Building, Equipment, and Improvements | 8,736 | ||
Fair Value In-Place Customer Leases | 192 | ||
Closing Costs Expensed | 244 | ||
New York, Connecticut [Member] | Date of Acquisition, 8/29/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 2 | ||
Date of Acquisition | 29-Aug-13 | ||
Purchase Price | 22,000 | ||
Cash Paid | 21,985 | ||
Net Other Liabilities (Assets) Assumed | 15 | ||
Land | 3,320 | ||
Acquisition Date Building, Equipment, and Improvements | 18,378 | ||
Fair Value In-Place Customer Leases | 302 | ||
Closing Costs Expensed | 466 | ||
Georgia [Member] | Date Of Acquisition, 6/12/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 12-Jun-14 | ||
Purchase Price | 7,700 | ||
Cash Paid | 7,616 | ||
Net Other Liabilities (Assets) Assumed | 84 | ||
Land | 2,263 | ||
Acquisition Date Building, Equipment, and Improvements | 5,293 | ||
Fair Value In-Place Customer Leases | 144 | ||
Closing Costs Expensed | 179 | ||
Virginia [Member] | Date Of Acquisition, 9/5/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 5-Sep-14 | ||
Purchase Price | 6,400 | ||
Cash Paid | 6,373 | ||
Net Other Liabilities (Assets) Assumed | 27 | ||
Land | 2,349 | ||
Acquisition Date Building, Equipment, and Improvements | 3,947 | ||
Fair Value In-Place Customer Leases | 104 | ||
Closing Costs Expensed | 267 | ||
Tennessee [Member] | Date Of Acquisition, 9/18/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 18-Sep-14 | ||
Purchase Price | 6,550 | ||
Cash Paid | 6,535 | ||
Net Other Liabilities (Assets) Assumed | 15 | ||
Land | 759 | ||
Acquisition Date Building, Equipment, and Improvements | 5,749 | ||
Fair Value In-Place Customer Leases | 42 | ||
Closing Costs Expensed | 144 | ||
Louisiana [Member] | Date Of Acquisition, 10/10/2014 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 10-Oct-14 | ||
Purchase Price | 16,750 | ||
Cash Paid | 16,630 | ||
Net Other Liabilities (Assets) Assumed | 120 | ||
Land | 5,771 | ||
Acquisition Date Building, Equipment, and Improvements | 10,697 | ||
Fair Value In-Place Customer Leases | 282 | ||
Closing Costs Expensed | 238 | ||
Massachusetts [Member] | Date of Acquisition, 3/22/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 22-Mar-13 | ||
Purchase Price | 8,850 | ||
Cash Paid | 8,848 | ||
Net Other Liabilities (Assets) Assumed | 2 | ||
Land | 1,553 | ||
Acquisition Date Building, Equipment, and Improvements | 7,186 | ||
Fair Value In-Place Customer Leases | 111 | ||
Closing Costs Expensed | 141 | ||
Colorado [Member] | Date of Acquisition, 9/30/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 30-Sep-13 | ||
Purchase Price | 5,940 | ||
Cash Paid | 5,859 | ||
Net Other Liabilities (Assets) Assumed | 81 | ||
Land | 628 | ||
Acquisition Date Building, Equipment, and Improvements | 5,201 | ||
Fair Value In-Place Customer Leases | 111 | ||
Closing Costs Expensed | 167 | ||
Connecticut [Member] | Date of Acquisition, 12/30/2013 [Member] | |||
Investment Holdings [Line Items] | |||
Number of Properties | 1 | ||
Date of Acquisition | 30-Dec-13 | ||
Purchase Price | 10,160 | ||
Cash Paid | 10,209 | ||
Net Other Liabilities (Assets) Assumed | -49 | ||
Land | 1,174 | ||
Acquisition Date Building, Equipment, and Improvements | 8,817 | ||
Fair Value In-Place Customer Leases | 169 | ||
Closing Costs Expensed | $196 |
Investment_in_Storage_Faciliti5
Investment in Storage Facilities - Schedule of Fair Value of In-Place Customer Lease Intangible Assets (Detail) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Real Estate [Abstract] | ||
In-place customer leases | $19,867 | $14,643 |
Accumulated amortization | -17,663 | -13,551 |
Net carrying value at December 31, | $2,204 | $1,092 |
Investment_in_Storage_Faciliti6
Investment in Storage Facilities - Pro Forma Information Based on Combined Historical Financial Statements on Properties Acquired (Detail) (USD $) | 12 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Investments Schedule [Abstract] | |||
Total revenues | $337,168 | $300,589 | $258,450 |
Net income attributable to common shareholders | $99,103 | $75,622 | $41,942 |
Basic | $2.94 | $2.25 | $1.25 |
Diluted | $2.93 | $2.23 | $1.24 |
Investment_in_Storage_Faciliti7
Investment in Storage Facilities - Summary of Revenues and Earnings Related to Properties Included in Company's Consolidated Statements of Operations (Detail) (USD $) | 12 Months Ended |
In Thousands, unless otherwise specified | Dec. 31, 2014 |
Investments Schedule [Abstract] | |
Total revenues | $16,793 |
Net loss attributable to common shareholders | ($7,953) |
Discontinued_Operations_Additi
Discontinued Operations - Additional Information (Detail) (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |
Facility | Facility | ||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 4 | 17 | |
Sales of non-strategic storage facilities | $11,700,000 | $47,700,000 | |
Gain on sale of non-strategic storage facilities | 2,431,000 | 4,498,000 | |
Income from continuing operations attributable to common shareholders | 88,531,000 | 71,023,000 | 47,677,000 |
Income from discontinued operations attributable to common shareholders | $3,100,000 | $7,500,000 | |
Florida [Member] | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 2 | ||
Ohio [Member] | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 1 | ||
Virginia [Member] | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 1 | ||
Maryland [Member] | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 1 | ||
Michigan [Member] | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 4 | ||
Texas [Member] | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||
Number of non-strategic storage facilities sold by Company | 12 |
Discontinued_Operations_Summar
Discontinued Operations - Summary of Amount Reported as Discontinued Operations (Detail) (USD $) | 3 Months Ended | 12 Months Ended | ||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 |
Discontinued Operations and Disposal Groups [Abstract] | ||||||
Total revenue | $1,726 | $7,069 | ||||
Property operations and maintenance expense | -576 | -2,189 | ||||
Real estate tax expense | -145 | -721 | ||||
Depreciation and amortization expense | -313 | -1,137 | ||||
Net realized gain (loss) on sale of property | 2,431 | 4,498 | ||||
Total income from discontinued operations | $2,472 | $247 | $236 | $168 | $3,123 | $7,520 |
Unsecured_Line_of_Credit_and_T2
Unsecured Line of Credit and Term Notes - Borrowings Outstanding on Unsecured Line of Credit and Term Notes (Detail) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Unsecured Line Of Credit And Term Notes [Line Items] | ||
Revolving line of credit borrowings | $49,000 | $49,000 |
Total term notes payable | 750,000 | 575,000 |
Term Note Due April 13, 2016 [Member] | ||
Unsecured Line Of Credit And Term Notes [Line Items] | ||
Total term notes payable | 150,000 | 150,000 |
Term Note Due June 4, 2020 [Member] | ||
Unsecured Line Of Credit And Term Notes [Line Items] | ||
Total term notes payable | 325,000 | 325,000 |
Term Note Due August 5, 2021 [Member] | ||
Unsecured Line Of Credit And Term Notes [Line Items] | ||
Total term notes payable | 100,000 | 100,000 |
Term Note Due April 8, 2024 [Member] | ||
Unsecured Line Of Credit And Term Notes [Line Items] | ||
Total term notes payable | $175,000 |
Unsecured_Line_of_Credit_and_T3
Unsecured Line of Credit and Term Notes - Additional Information (Detail) (USD $) | 12 Months Ended | 0 Months Ended | 12 Months Ended | ||
Dec. 31, 2014 | Apr. 08, 2014 | Dec. 31, 2011 | Dec. 10, 2014 | Dec. 31, 2013 | |
Lenders | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Unsecured term note | $750,000,000 | $575,000,000 | |||
Revolving credit limit | 300,000,000 | 175,000,000 | |||
Fees and other costs paid | 1,300,000 | ||||
Number of lenders | 9 | ||||
Unsecured term note portion | 1,000,000 | ||||
Maturity in April, 2024 [Member] | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Line of credit facility, expiration date | 8-Apr-24 | ||||
Additional secured term note | 175,000,000 | ||||
Term note stated interest rate | 4.53% | ||||
Increase in interest rate on term loan | 6.28% | ||||
Repayment of Lines of Credit | 115,000,000 | ||||
Maturity in August 2021 [Member] | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Line of credit facility, expiration date | 5-Aug-21 | ||||
Additional secured term note | 100,000,000 | ||||
Term note stated interest rate | 5.54% | ||||
Increase in interest rate on term loan | 7.29% | ||||
Maturity in April 2016 [Member] | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Unsecured term note | 150,000,000 | ||||
Line of credit facility, expiration date | 13-Apr-16 | ||||
Term note stated interest rate | 6.38% | ||||
Increase in interest rate on term loan | 8.13% | ||||
Maturity on June 4, 2020 [Member] | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Unsecured term note | 325,000,000 | ||||
Basis spread over LIBOR | 1.40% | ||||
Maturity on December 10, 2019 [Member] | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Basis spread over LIBOR | 1.30% | ||||
Facility fee | 0.20% | ||||
Interest rate, line of credit facility | 1.46% | 1.67% | |||
Amount available on unsecured line of credit | 250,300,000 | ||||
Line of credit facility, expiration date | 10-Dec-19 | ||||
Letters of credit outstanding amount | 700,000 | ||||
Maturity on December 10, 2019 [Member] | Amended Agreement [Member] | |||||
Unsecured Line Of Credit And Term Notes [Line Items] | |||||
Increase in the revolving credit facility | $850,000,000 |
Mortgages_Payable_and_Debt_Mat2
Mortgages Payable and Debt Maturities - Summary of Mortgage Payable (Detail) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Debt Instrument [Line Items] | ||
Mortgages payable | $2,127 | $2,254 |
5.99% Mortgage Notes Due May 1, 2026 [Member] | ||
Debt Instrument [Line Items] | ||
Mortgages payable | $2,127 | $2,254 |
Mortgages_Payable_and_Debt_Mat3
Mortgages Payable and Debt Maturities - Summary of Mortgage Payable (Parenthetical) (Detail) (5.99% Mortgage Notes Due May 1, 2026 [Member], USD $) | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 31, 2014 |
Facility | |
5.99% Mortgage Notes Due May 1, 2026 [Member] | |
Debt Instrument [Line Items] | |
Term note stated interest rate | 5.99% |
Mortgage note due date | 1-May-26 |
Self-storage facilities | 1 |
Aggregate net book value of property pledged for mortgage note | $4.40 |
Effective interest rate | 6.19% |
Mortgages_Payable_and_Debt_Mat4
Mortgages Payable and Debt Maturities - Summary of Debt Obligation and Interest Rate Derivatives (Detail) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Proforma Debt Instrument [Line Items] | ||
Line of credit | $49,000 | $49,000 |
Term notes | 750,000 | 575,000 |
Mortgage note, total | 2,127 | 2,254 |
Interest rate derivatives - liability | 13,341 | 7,523 |
Line of Credit - Variable Rate LIBOR + 1.30% (1.46% at December 31, 2014) [Member] | ||
Proforma Debt Instrument [Line Items] | ||
Payable due 2019 | 49,000 | |
Line of credit | 49,000 | |
Debt instrument, fair value | 49,000 | |
Term Note - Fixed Rate 6.38% [Member] | ||
Proforma Debt Instrument [Line Items] | ||
Payables due 2016 | 150,000 | |
Term notes | 150,000 | |
Term note, fair value | 161,166 | |
Term Note - Variable Rate LIBOR+1.40% (1.56% at December 31, 2014) [Member] | ||
Proforma Debt Instrument [Line Items] | ||
Payables due Thereafter | 325,000 | |
Term notes | 325,000 | |
Term note, fair value | 325,000 | |
Term Note - Fixed Rate 5.54% [Member] | ||
Proforma Debt Instrument [Line Items] | ||
Payables due Thereafter | 100,000 | |
Term notes | 100,000 | |
Term note, fair value | 111,452 | |
Term Note - Fixed Rate 4.533% [Member] | ||
Proforma Debt Instrument [Line Items] | ||
Payables due Thereafter | 175,000 | |
Term notes | 175,000 | |
Term note, fair value | 181,331 | |
Mortgage Note - Fixed Rate 5.99% [Member] | ||
Proforma Debt Instrument [Line Items] | ||
Payable due 2015 | 134 | |
Payables due 2016 | 142 | |
Payables due 2017 | 151 | |
Payable due 2018 | 160 | |
Payable due 2019 | 170 | |
Payables due Thereafter | 1,370 | |
Mortgage note, total | 2,127 | |
Debt instrument, fair value | $2,277 |
Mortgages_Payable_and_Debt_Mat5
Mortgages Payable and Debt Maturities - Summary of Debt Obligation and Interest Rate Derivatives (Parenthetical) (Detail) | 12 Months Ended |
Dec. 31, 2014 | |
Line of Credit - Variable Rate LIBOR + 1.30% (1.46% at December 31, 2014) [Member] | |
Proforma Debt Instrument [Line Items] | |
Interest rate at end of period | 1.46% |
Basis spread over LIBOR | 1.30% |
Term Note - Fixed Rate 6.38% [Member] | |
Proforma Debt Instrument [Line Items] | |
Interest rate at end of period | 6.38% |
Term Note - Variable Rate LIBOR+1.40% (1.56% at December 31, 2014) [Member] | |
Proforma Debt Instrument [Line Items] | |
Interest rate at end of period | 1.56% |
Basis spread over LIBOR | 1.40% |
Term Note - Fixed Rate 5.54% [Member] | |
Proforma Debt Instrument [Line Items] | |
Interest rate at end of period | 5.54% |
Term Note - Fixed Rate 4.533% [Member] | |
Proforma Debt Instrument [Line Items] | |
Interest rate at end of period | 4.53% |
Mortgage Note - Fixed Rate 5.99% [Member] | |
Proforma Debt Instrument [Line Items] | |
Interest rate at end of period | 5.99% |
Derivative_Financial_Instrumen2
Derivative Financial Instruments - Additional Information (Detail) (USD $) | 12 Months Ended | |||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2015 | |
Derivative [Line Items] | ||||
Interest Expense | ($5,506,000) | ($5,299,000) | ($4,889,000) | |
Estimated payments to be made under interest rate swaps, assets | 794,000 | |||
Fair value of interest rate swap agreements | 13,341,000 | 7,523,000 | ||
Net termination value | 13,300,000 | |||
Interest Expense [Member] | ||||
Derivative [Line Items] | ||||
Interest Expense | 5,500,000 | 5,300,000 | 4,900,000 | |
Scenario, Forecast [Member] | ||||
Derivative [Line Items] | ||||
Estimated payments to be made under interest rate swaps | 5,500,000 | |||
Interest Rate Swap [Member] | ||||
Derivative [Line Items] | ||||
Notional amount of variable rate debt swapped | $325,000,000 |
Derivative_Financial_Instrumen3
Derivative Financial Instruments - Summary of Interest Rate Swap Agreements (Detail) (USD $) | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 31, 2014 |
Interest Rate Swap [Member] | |
Derivative [Line Items] | |
Notional Amount | $125 |
Effective Date | 1-Sep-11 |
Expiration Date | 1-Aug-18 |
Fixed Rate Paid | 2.37% |
Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) [Member] | |
Derivative [Line Items] | |
Floating Rate Received | 1 month LIBOR |
Interest Rate Swap One [Member] | |
Derivative [Line Items] | |
Notional Amount | 100 |
Effective Date | 30-Dec-11 |
Expiration Date | 29-Dec-17 |
Fixed Rate Paid | 1.61% |
Interest Rate Swap One [Member] | London Interbank Offered Rate (LIBOR) [Member] | |
Derivative [Line Items] | |
Floating Rate Received | 1 month LIBOR |
Interest Rate Swap Two [Member] | |
Derivative [Line Items] | |
Notional Amount | 100 |
Effective Date | 4-Sep-13 |
Expiration Date | 4-Sep-18 |
Fixed Rate Paid | 1.37% |
Interest Rate Swap Two [Member] | London Interbank Offered Rate (LIBOR) [Member] | |
Derivative [Line Items] | |
Floating Rate Received | 1 month LIBOR |
Interest Rate Swap Three [Member] | |
Derivative [Line Items] | |
Notional Amount | 100 |
Effective Date | 29-Dec-17 |
Expiration Date | 29-Nov-19 |
Fixed Rate Paid | 3.97% |
Interest Rate Swap Three [Member] | London Interbank Offered Rate (LIBOR) [Member] | |
Derivative [Line Items] | |
Floating Rate Received | 1 month LIBOR |
Interest Rate Swap Four [Member] | |
Derivative [Line Items] | |
Notional Amount | $125 |
Effective Date | 1-Aug-18 |
Expiration Date | 1-Jun-20 |
Fixed Rate Paid | 4.19% |
Interest Rate Swap Four [Member] | London Interbank Offered Rate (LIBOR) [Member] | |
Derivative [Line Items] | |
Floating Rate Received | 1 month LIBOR |
Derivative_Financial_Instrumen4
Derivative Financial Instruments - Summary of Changes in AOCL (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||
Accumulated other comprehensive loss beginning of period | ($6,402) | ($15,242) | ($10,255) |
Realized loss reclassified from accumulated other comprehensive loss to interest expense | 5,506 | 5,299 | 4,889 |
Unrealized gain (loss) from changes in the fair value of the effective portion of the interest rate swaps | -12,109 | 3,541 | -9,876 |
(Loss) gain included in other comprehensive loss | -6,603 | 8,840 | -4,987 |
Accumulated other comprehensive loss end of period | ($13,005) | ($6,402) | ($15,242) |
Fair_Value_Measurements_Assets
Fair Value Measurements - Assets and Liabilities Carried at Fair Value Measured on Recurring Basis (Detail) (Interest Rate Swap [Member], USD $) | Dec. 31, 2014 |
In Thousands, unless otherwise specified | |
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items] | |
Interest rate swaps | ($13,341) |
Level 2 [Member] | |
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items] | |
Interest rate swaps | ($13,341) |
Fair_Value_Measurements_Additi
Fair Value Measurements - Additional Information (Detail) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Facility | Facility | |
Fair Value Disclosures [Abstract] | ||
Number of storage facilities acquired | 33 | 11 |
Stock_Based_Compensation_Addit
Stock Based Compensation - Additional Information (Detail) (USD $) | 12 Months Ended | |||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Shares authorized for issuance under the Plan | 1,500,000 | |||
Stock option plan, share based compensation, vesting period (in years) | 1 year | |||
Share-based compensation exercise period | 10 years | |||
Number of shares available for grant for future issuance | 543,229 | |||
Shares outstanding under the Plans | 115,606 | 130,568 | 273,248 | 364,268 |
Number of shares for initial granting of options | 3,500 | |||
Number of shares for annual granting of options | 2,000 | |||
Percentage of annual fees in the form on non-vested shares | 80.00% | |||
Common stock available for future issuance | 150,000 | |||
Shares outstanding under the Plans, non-vested shares | 310,463 | 293,196 | 187,535 | 246,634 |
Intrinsic value of stock options exercised | $900,000 | $3,600,000 | $1,100,000 | |
Proceeds from stock options exercised | 1,200,000 | 7,000,000 | 3,700,000 | |
Fair market value of the non-vested stock on the date of grant | $60.87 | $54.78 | $49.42 | |
Compensation expense-vested portion of non-vested stock grants | 4,600,000 | 2,900,000 | 2,400,000 | |
Shares granted under performance plan | 92,665 | 189,080 | 2,592 | |
Equity Program [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Weighted average remaining contractual life of all options (in years) | 4 years 9 months 18 days | |||
Weighted average remaining contractual life of all exercisable options (in years) | 5 years 2 months 12 days | |||
Employees And Directors [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Shares of non-vested stock issued | 92,665 | |||
Deferred Compensation Plan for Directors [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Shares outstanding under Deferred Compensation Plan | 45,505 | |||
Directors [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Shares of non-vested stock issued | 1,684 | |||
Deferred compensation expense | 100,000 | 100,000 | 100,000 | |
Stock Options [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Shares outstanding under the Plans | 82,606 | |||
Common stock available for future issuance | 84,855 | |||
Common shares options outstanding | 33,000 | |||
Total unrecognized compensation | 14,100,000 | |||
Cost recognition, weighted-average period | 2 years 8 months 12 days | |||
Non-vested stock, aggregate fair value | 3,900,000 | 2,900,000 | 2,400,000 | |
Stock Options [Member] | Equity Program [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Total unrecognized compensation | 200,000 | |||
Cost recognition, weighted-average period | 1 year 7 months 6 days | |||
Non-Vested Shares [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Shares outstanding under the Plans, non-vested shares | 22,850 | |||
Performance-Based Vesting Restricted Stock [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Total unrecognized compensation | 4,700,000 | |||
Cost recognition, weighted-average period | 2 years 4 months 24 days | |||
Shares granted under performance plan | 60,654 | 87,040 | ||
Compensation expense-Performance shares | 1,200,000 | |||
Minimum [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Stock option plan, share based compensation, vesting period (in years) | 4 years | |||
Fair market value of the non-vested stock on the date of grant | $46.95 | |||
Non-vested stock, aggregate fair value | $5,600,000 | |||
Minimum [Member] | Non-Vested Shares [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Stock option plan, share based compensation, vesting period (in years) | 1 year | |||
Maximum [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Stock option plan, share based compensation, vesting period (in years) | 8 years | |||
Fair market value of the non-vested stock on the date of grant | $87.92 | |||
Maximum [Member] | Non-Vested Shares [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Stock option plan, share based compensation, vesting period (in years) | 9 years |
Stock_Based_Compensation_Stock
Stock Based Compensation - Stock Option Activity and Related Information (Detail) (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||
Outstanding at beginning of year, Options | 130,568 | 273,248 | 364,268 |
Granted, Options | 14,000 | 8,000 | 9,500 |
Exercised, Options | -27,462 | -160,515 | -91,520 |
Adjusted / (forfeited), Options | -1,500 | 9,835 | -9,000 |
Outstanding at end of year, Options | 115,606 | 130,568 | 273,248 |
Exercisable at end of year, Options | 67,316 | 60,382 | 165,667 |
Outstanding at beginning of year, Weighted average exercise price | $44.82 | $43.45 | $42.76 |
Granted, Weighted average exercise price | $76.01 | $69.90 | $49.42 |
Exercised, Weighted average exercise price | $45.34 | $43.72 | $40.82 |
Adjusted / (forfeited), Weighted average exercise price | $40.07 | $36.37 | $39.23 |
Outstanding at end of year, Weighted average exercise price | $48.54 | $44.82 | $43.45 |
Exercisable at end of year, Weighted average exercise price | $49.18 | $46.85 | $44.56 |
Stock_Based_Compensation_Stock1
Stock Based Compensation - Stock Options Outstanding (Detail) (USD $) | 12 Months Ended |
Dec. 31, 2014 | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Outstanding, Options | 115,606 |
Outstanding, Weighted average exercise price | $48.54 |
Exercisable, Options | 67,316 |
Exercisable, Weighted average exercise price | $49.18 |
Intrinsic value of outstanding stock options at December 31, 2014 | $4,472,123 |
Intrinsic value of exercisable stock options at December 31, 2014 | $2,560,457 |
$23.15 - 29.99 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise Price Range, minimum | $23.15 |
Exercise Price Range, maximum | $29.99 |
Outstanding, Options | 3,500 |
Outstanding, Weighted average exercise price | $23.15 |
Exercisable, Options | 3,500 |
Exercisable, Weighted average exercise price | $23.15 |
$30.00 - 39.99 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise Price Range, minimum | $30 |
Exercise Price Range, maximum | $39.99 |
Outstanding, Options | 5,000 |
Outstanding, Weighted average exercise price | $35.56 |
Exercisable, Options | 5,000 |
Exercisable, Weighted average exercise price | $35.56 |
$40.00 - 59.99 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise Price Range, minimum | $40 |
Exercise Price Range, maximum | $59.99 |
Outstanding, Options | 87,106 |
Outstanding, Weighted average exercise price | $44.41 |
Exercisable, Options | 44,816 |
Exercisable, Weighted average exercise price | $45.16 |
$60.00 - 76.07 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise Price Range, minimum | $60 |
Exercise Price Range, maximum | $76.07 |
Outstanding, Options | 20,000 |
Outstanding, Weighted average exercise price | $74.17 |
Exercisable, Options | 14,000 |
Exercisable, Weighted average exercise price | $73.43 |
Stock_Based_Compensation_Statu
Stock Based Compensation - Status of Unvested Shares of Stock Issued to Employees and Directors (Detail) (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||
Unvested at beginning of year, Non-vested Shares | 293,196 | 187,535 | 246,634 |
Granted, Non-vested Shares | 92,665 | 189,080 | 2,592 |
Vested, Non-vested Shares | -72,876 | -83,419 | -60,912 |
Forfeited, Non-vested Shares | -2,522 | -779 | |
Unvested at end of year, Non-vested Shares | 310,463 | 293,196 | 187,535 |
Unvested at beginning of year, Weighted average grant date fair value | $49.20 | $37.36 | $37.93 |
Granted, Weighted average grant date fair value | $60.87 | $54.78 | $49.42 |
Vested, Weighted average grant date fair value | $53.11 | $35.28 | $40.13 |
Forfeited, Weighted average grant date fair value | $28.66 | $41.07 | |
Unvested at end of year, Weighted average grant date fair value | $51.93 | $49.20 | $37.36 |
Retirement_Plan_Additional_Inf
Retirement Plan - Additional Information (Detail) (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | |
Compensation and Retirement Disclosure [Abstract] | |||
Employer contribution, percentage | 25.00% | ||
Percentage of employee wage contributions matched 25% by the employer | 4.00% | ||
Retirement Plan, Total expense | $192,000 | $78,000 | $69,000 |
Investment_in_Joint_Ventures_A
Investment in Joint Ventures - Additional Information (Detail) (USD $) | 12 Months Ended | ||||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2008 | Dec. 31, 2011 | |
Property | Property | ||||
Schedule of Equity Method Investments [Line Items] | |||||
Company's share in income (loss) of joint venture | $2,086,000 | $1,948,000 | $936,000 | ||
Sovran HHF Storage Holdings LLC [Member] | |||||
Schedule of Equity Method Investments [Line Items] | |||||
Ownership interest | 20.00% | ||||
Investment at carrying value | 45,200,000 | 17,400,000 | |||
Payment for property acquisition | 187,200,000 | 171,500,000 | |||
Number of properties owned and managed under twenty-percent stake joint venture | 39 | 25 | |||
Additional number of properties owned and managed under twenty-percent stake joint venture | 14 | ||||
Contribution of company to joint venture as share in capital | 28,600,000 | 1,200,000 | 18,600,000 | ||
Receipt of return of capital distribution | 3,400,000 | ||||
Excess of investment over net asset due to capitalization of acquisition related costs | 1,700,000 | ||||
Other-than-temporary impairment recorded on investment | 0 | ||||
Sovran HHF and Sovran HHF II [Member] | |||||
Schedule of Equity Method Investments [Line Items] | |||||
Management and call center fee as a percentage of revenues | 7.00% | ||||
Management and call center fee earned | 3,900,000 | 3,400,000 | 3,000,000 | ||
Acquisition fees received for securing purchases | 400,000 | 100,000 | |||
Company's share in income (loss) of joint venture | 1,900,000 | 1,900,000 | 900,000 | ||
Iskalo Office Holdings, LLC [Member] | |||||
Schedule of Equity Method Investments [Line Items] | |||||
Ownership interest | 49.00% | ||||
Investment at carrying value | -500,000 | -500,000 | |||
Company's share in income (loss) of joint venture | 107,000 | 59,000 | -18,000 | ||
Rent paid during the period | 1,000,000 | 800,000 | 700,000 | ||
Sovran HHF Storage Holdings II LLC [Member] | |||||
Schedule of Equity Method Investments [Line Items] | |||||
Ownership interest | 15.00% | ||||
Investment at carrying value | 12,600,000 | 13,000,000 | |||
Payment for property acquisition | 29,000,000 | 166,100,000 | |||
Contribution of company to joint venture as share in capital | $2,400,000 | $12,800,000 | |||
Number of properties owned and managed under fifteen-percent stake joint venture | 30 | 10 | 20 |
Investment_in_Joint_Ventures_S
Investment in Joint Ventures - Summary of Unconsolidated Joint Ventures' Financial Statements (Detail) (USD $) | 12 Months Ended | |||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Schedule of Equity Method Investments [Line Items] | ||||
Investment in storage facilities, net | $1,766,282 | $1,498,165 | ||
Other assets | 9,298 | 11,021 | ||
Total Assets | 1,854,800 | 1,561,875 | ||
Mortgages payable | 2,127 | 2,254 | ||
Total Liabilities | 865,309 | 678,226 | ||
Company equity (deficiency) | 975,869 | 870,709 | 728,730 | 655,539 |
Acquisition costs | -7,359 | -3,129 | -4,328 | |
Depreciation and amortization of customer list | -51,749 | -45,233 | -40,542 | |
Amortization of financing fees | -942 | -834 | -836 | |
Income tax expense | -900 | -900 | -1,300 | |
Interest expense | -34,578 | -32,000 | -33,166 | |
Sovran HHF Storage Holdings LLC [Member] | Equity Method Investee [Member] | ||||
Schedule of Equity Method Investments [Line Items] | ||||
Investment in storage facilities, net | 341,817 | |||
Other assets | 5,408 | |||
Total Assets | 347,225 | |||
Due to the Company | 260 | |||
Mortgages payable | 124,888 | |||
Other liabilities | 4,651 | |||
Total Liabilities | 129,799 | |||
Unaffiliated partners' equity (deficiency) | 173,941 | |||
Company equity (deficiency) | 43,485 | |||
Total Partners' Equity (Deficiency) | 217,426 | |||
Total Liabilities and Partners' Equity (Deficiency) | 347,225 | |||
Total revenues | 26,508 | |||
Property operating expenses | -8,336 | |||
Administrative, management and call center fees | -1,954 | |||
Acquisition costs | -1,837 | |||
Depreciation and amortization of customer list | -5,099 | |||
Amortization of financing fees | -190 | |||
Income tax expense | -151 | |||
Interest expense | -4,475 | |||
Net income | 4,466 | |||
Sovran HHF Storage Holdings II LLC [Member] | Equity Method Investee [Member] | ||||
Schedule of Equity Method Investments [Line Items] | ||||
Investment in storage facilities, net | 185,214 | |||
Other assets | 3,711 | |||
Total Assets | 188,925 | |||
Due to the Company | 333 | |||
Mortgages payable | 102,884 | |||
Other liabilities | 1,792 | |||
Total Liabilities | 105,009 | |||
Unaffiliated partners' equity (deficiency) | 71,335 | |||
Company equity (deficiency) | 12,581 | |||
Total Partners' Equity (Deficiency) | 83,916 | |||
Total Liabilities and Partners' Equity (Deficiency) | 188,925 | |||
Total revenues | 28,502 | |||
Property operating expenses | -9,809 | |||
Administrative, management and call center fees | -2,113 | |||
Depreciation and amortization of customer list | -4,163 | |||
Amortization of financing fees | -203 | |||
Income tax expense | -461 | |||
Interest expense | -5,142 | |||
Net income | 6,611 | |||
Iskalo Office Holdings, LLC [Member] | Equity Method Investee [Member] | ||||
Schedule of Equity Method Investments [Line Items] | ||||
Investment in office building | 5,005 | |||
Other assets | 3,386 | |||
Total Assets | 8,391 | |||
Mortgages payable | 9,267 | |||
Other liabilities | 402 | |||
Total Liabilities | 9,669 | |||
Unaffiliated partners' equity (deficiency) | -729 | |||
Company equity (deficiency) | -549 | |||
Total Partners' Equity (Deficiency) | -1,278 | |||
Total Liabilities and Partners' Equity (Deficiency) | 8,391 | |||
Total revenues | 1,405 | |||
Property operating expenses | -571 | |||
Depreciation and amortization of customer list | -236 | |||
Amortization of financing fees | -14 | |||
Interest expense | -365 | |||
Net income | $219 |
Investment_in_Joint_Ventures_S1
Investment in Joint Ventures - Summary of Cash Flows Arising from Off-Balance Sheet Arrangements (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Schedule of Equity Method Investments [Line Items] | |||
Other operating income (management fees and acquisition fee income) | $24,036 | $20,123 | $16,176 |
General and administrative expenses (corporate office rent) | 40,792 | 34,939 | 32,313 |
Equity in income (losses) of joint ventures | 2,086 | 1,948 | 936 |
Distributions from unconsolidated joint ventures | 3,123 | 2,630 | 2,184 |
Receipts from (advances to) joint ventures | 590 | -27 | -242 |
Investment in unconsolidated joint ventures | -28,650 | -4,237 | -3,571 |
Return of capital from unconsolidated joint ventures | 7,360 | ||
Sovran HHF, Sovran HHF II and Iskalo Office Holdings, LLC [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Other operating income (management fees and acquisition fee income) | 4,231 | 3,358 | 3,177 |
General and administrative expenses (corporate office rent) | 1,023 | 811 | 704 |
Equity in income (losses) of joint ventures | 2,086 | 1,948 | 936 |
Distributions from unconsolidated joint ventures | 3,123 | 2,630 | 2,184 |
Receipts from (advances to) joint ventures | 590 | -27 | -242 |
Investment in unconsolidated joint ventures | -28,650 | -4,237 | -3,571 |
Return of capital from unconsolidated joint ventures | $7,360 |
Shareholders_Equity_Additional
Shareholders' Equity - Additional Information (Detail) (USD $) | 12 Months Ended | 3 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | 12-May-14 |
Facility | Facility | |||
Stockholders Equity [Line Items] | ||||
Common stock value authorized under equity offering program | $225 | |||
Expenses related to equity program | 0.2 | |||
Acquired storage facilities | 33 | 11 | ||
Shares issued under dividend reinvestment plan | 171,854 | |||
Equity Program [Member] | ||||
Stockholders Equity [Line Items] | ||||
Common stock shares issued under equity offering program | 924,403 | 359,102 | ||
Weighted average issue price of common stock | $79.77 | $74.32 | ||
Proceeds from issuance of common stock | 72.8 | 26.4 | ||
Common stock, value reserved for future issuance | 151.3 | |||
Piper,HSBC and BB&T [Member] | Equity Program [Member] | ||||
Stockholders Equity [Line Items] | ||||
Offering related costs and commissions | 0.9 | |||
SunTrust [Member] | Equity Program [Member] | ||||
Stockholders Equity [Line Items] | ||||
Offering related costs and commissions | $0.30 |
Supplementary_Quarterly_Financ2
Supplementary Quarterly Financial Data (Unaudited) - Summary of Quarterly Results of Operations (Detail) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2014 | Sep. 30, 2014 | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Quarterly Financial Information Disclosure [Abstract] | |||||||||||
Operating revenue | $84,930 | $85,249 | $80,444 | $75,457 | $72,065 | $70,455 | $67,109 | $63,878 | $326,080 | $273,507 | $234,082 |
Income from continuing operations | 25,838 | 25,743 | 20,701 | 16,775 | 19,900 | 19,552 | 17,816 | 14,204 | 89,057 | 71,472 | 48,121 |
Income from discontinued operations | 2,472 | 247 | 236 | 168 | 3,123 | 7,520 | |||||
Net income | 25,838 | 25,743 | 20,701 | 16,775 | 22,371 | 19,799 | 18,052 | 14,372 | 89,057 | 74,595 | 55,641 |
Net income attributable to common shareholders | $25,693 | $25,589 | $20,576 | $16,673 | $22,234 | $19,675 | $17,937 | $14,280 | $88,531 | $74,126 | $55,128 |
Basic | $0.76 | $0.77 | $0.63 | $0.51 | $0.70 | $0.63 | $0.57 | $0.47 | $2.68 | $2.37 | $1.88 |
Diluted | $0.76 | $0.77 | $0.62 | $0.51 | $0.69 | $0.62 | $0.57 | $0.47 | $2.67 | $2.36 | $1.87 |
Supplementary_Quarterly_Financ3
Supplementary Quarterly Financial Data (Unaudited) - Summary of Quarterly Results of Operations (Parenthetical) (Detail) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Facility | Facility | |
Quarterly Financial Information Disclosure [Abstract] | ||
Number of non-strategic storage facilities sold by Company | 4 | 17 |
Commitments_and_Contingencies_1
Commitments and Contingencies - Additional Information (Detail) (USD $) | 1 Months Ended | 12 Months Ended | ||
Nov. 30, 2013 | Dec. 31, 2014 | Dec. 31, 2013 | Feb. 28, 2015 | |
Facility | Facility | |||
Commitment And Contingencies [Line Items] | ||||
Payment for self-storage facilities under contract | $143,700,000 | |||
Number of self-storage facilities under contract to be purchased | 7 | |||
Line of credit balance outstanding after funding of five acquisitions | 49,000,000 | 49,000,000 | ||
Expansion and enhancement contracts | 10,100,000 | |||
Number of self storage facilities acquired for the lease | 4 | |||
Annual lease payments for storage facilities | 6,000,000 | |||
Percentage of annual increase in rent | 4.00% | |||
Lease Agreement period | 1-Nov-13 | |||
Lease Agreement period | 31-Dec-28 | |||
Option to purchase the facilities in lease | 120,000,000 | |||
Minimum [Member] | ||||
Commitment And Contingencies [Line Items] | ||||
Option to purchase facilities in period | 2-Feb-15 | |||
Maximum [Member] | ||||
Commitment And Contingencies [Line Items] | ||||
Option to purchase facilities in period | 2-Sep-16 | |||
Acquisition 2015 [Member] | ||||
Commitment And Contingencies [Line Items] | ||||
Payment for self-storage facilities under contract | 126,800,000 | |||
Number of self-storage facilities under contract to be purchased | 5 | |||
Subsequent Event [Member] | Acquisition 2015 [Member] | ||||
Commitment And Contingencies [Line Items] | ||||
Line of credit balance outstanding after funding of five acquisitions | $187,000,000 |
Commitments_and_Contingencies_2
Commitments and Contingencies - Summary of Self Storage Facilities Acquisitions (Detail) (USD $) | 12 Months Ended |
In Thousands, unless otherwise specified | Dec. 31, 2014 |
Facility | |
Significant Acquisitions and Disposals [Line Items] | |
Number of Properties | 7 |
Purchase Price | $143,700 |
Acquisition February 2015 [Member] | Illinois [Member] | |
Significant Acquisitions and Disposals [Line Items] | |
Number of Properties | 1 |
Date of Acquisition | 5-Feb-15 |
Purchase Price | 6,800 |
Acquisition February 2015 [Member] | New York, Connecticut [Member] | |
Significant Acquisitions and Disposals [Line Items] | |
Number of Properties | 4 |
Date of Acquisition | 2-Feb-15 |
Purchase Price | 120,000 |
Acquisition 2015 [Member] | |
Significant Acquisitions and Disposals [Line Items] | |
Number of Properties | 5 |
Purchase Price | $126,800 |
Commitments_and_Contingencies_3
Commitments and Contingencies - Future Minimum Lease Payments (Detail) (USD $) | Dec. 31, 2014 |
In Thousands, unless otherwise specified | |
Operating Leased Assets [Line Items] | |
2015 | $1,481 |
2016 | 962 |
2017 | 972 |
2018 | 972 |
2019 | 975 |
Thereafter | 3,378 |
Total | 8,740 |
Four Storage Facilities [Member] | |
Operating Leased Assets [Line Items] | |
2015 | 537 |
Total | 537 |
Building Lease [Member] | |
Operating Leased Assets [Line Items] | |
2015 | 48 |
2016 | 48 |
2017 | 48 |
2018 | 48 |
2019 | 51 |
Thereafter | 211 |
Total | 454 |
Corporate Headquarters [Member] | |
Operating Leased Assets [Line Items] | |
2015 | 896 |
2016 | 914 |
2017 | 924 |
2018 | 924 |
2019 | 924 |
Thereafter | 3,167 |
Total | $7,749 |
Subsequent_Events_Additional_I
Subsequent Events - Additional Information (Detail) (USD $) | 12 Months Ended | 0 Months Ended | |
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2014 | Jan. 26, 2015 | Jan. 05, 2015 |
Subsequent Event [Line Items] | |||
Dividend declared, date | 5-Jan-15 | ||
Dividend paid, date | 26-Jan-15 | ||
Dividend record, date | 16-Jan-15 | ||
Subsequent Event [Member] | |||
Subsequent Event [Line Items] | |||
Dividend per common share | $0.75 | ||
Dividend paid | $25.50 |
Schedule_III_Combined_Real_Est1
Schedule III Combined Real Estate and Accumulated Depreciation (Detail) (USD $) | 12 Months Ended | |||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrance | $2,127 | |||
Initial Cost to Company, Land | 385,294 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,383,414 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 409,275 | |||
Gross Amount at Which Carried at Close of Period, Land | 397,642 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,780,341 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,177,983 | 1,864,637 | 1,742,354 | 1,525,283 |
Accumulated Depreciation | 411,701 | 366,472 | 324,963 | 289,082 |
Construction in Progress [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 0 | |||
Initial Cost to Company, Building, Equipment and Improvements | 0 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 4,761 | |||
Gross Amount at Which Carried at Close of Period, Land | 0 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,761 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,761 | |||
Accumulated Depreciation | 0 | |||
Date of Construction | 2013 | |||
Charleston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 416 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,516 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,194 | |||
Gross Amount at Which Carried at Close of Period, Land | 416 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,710 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,126 | |||
Accumulated Depreciation | 1,378 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Charleston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charleston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lakeland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 397 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,424 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,626 | |||
Gross Amount at Which Carried at Close of Period, Land | 397 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,050 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,447 | |||
Accumulated Depreciation | 1,128 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Lakeland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lakeland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 308 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,102 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,394 | |||
Gross Amount at Which Carried at Close of Period, Land | 747 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,057 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,804 | |||
Accumulated Depreciation | 1,016 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Charlotte [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Youngstown [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 239 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,110 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,444 | |||
Gross Amount at Which Carried at Close of Period, Land | 239 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,554 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,793 | |||
Accumulated Depreciation | 1,112 | |||
Date of Construction | 1980 | |||
Date Acquired | 26-Jun-95 | |||
Youngstown [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Youngstown [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 701 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,659 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,408 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,036 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,732 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,768 | |||
Accumulated Depreciation | 1,198 | |||
Date of Construction | 1987 | |||
Date Acquired | 26-Jun-95 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pt. St. Lucie [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 395 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,501 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 978 | |||
Gross Amount at Which Carried at Close of Period, Land | 779 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,095 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,874 | |||
Accumulated Depreciation | 1,091 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Pt. St. Lucie [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pt. St. Lucie [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Orlando - Deltona [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 483 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,752 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,223 | |||
Gross Amount at Which Carried at Close of Period, Land | 483 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,975 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,458 | |||
Accumulated Depreciation | 1,567 | |||
Date of Construction | 1984 | |||
Date Acquired | 26-Jun-95 | |||
Orlando - Deltona [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Orlando - Deltona [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Middletown [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 224 | |||
Initial Cost to Company, Building, Equipment and Improvements | 808 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 957 | |||
Gross Amount at Which Carried at Close of Period, Land | 224 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,765 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,989 | |||
Accumulated Depreciation | 845 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Middletown [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Middletown [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 423 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,531 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,451 | |||
Gross Amount at Which Carried at Close of Period, Land | 497 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,908 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,405 | |||
Accumulated Depreciation | 1,715 | |||
Date of Construction | 1981 | |||
Date Acquired | 26-Jun-95 | |||
Buffalo [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Rochester [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 395 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,404 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 613 | |||
Gross Amount at Which Carried at Close of Period, Land | 395 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,017 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,412 | |||
Accumulated Depreciation | 986 | |||
Date of Construction | 1981 | |||
Date Acquired | 26-Jun-95 | |||
Rochester [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Rochester [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 152 | |||
Initial Cost to Company, Building, Equipment and Improvements | 728 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,846 | |||
Gross Amount at Which Carried at Close of Period, Land | 687 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,039 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,726 | |||
Accumulated Depreciation | 860 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Jacksonville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbia [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 268 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,248 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 637 | |||
Gross Amount at Which Carried at Close of Period, Land | 268 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,885 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,153 | |||
Accumulated Depreciation | 904 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Columbia [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbia [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 363 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,679 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 791 | |||
Gross Amount at Which Carried at Close of Period, Land | 363 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,470 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,833 | |||
Accumulated Depreciation | 1,145 | |||
Date of Construction | 1980 | |||
Date Acquired | 26-Jun-95 | |||
Boston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Rochester [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 230 | |||
Initial Cost to Company, Building, Equipment and Improvements | 847 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,237 | |||
Gross Amount at Which Carried at Close of Period, Land | 234 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,080 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,314 | |||
Accumulated Depreciation | 679 | |||
Date of Construction | 1980 | |||
Date Acquired | 26-Jun-95 | |||
Rochester [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Rochester [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 680 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,616 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 600 | |||
Gross Amount at Which Carried at Close of Period, Land | 680 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,216 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,896 | |||
Accumulated Depreciation | 1,074 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Boston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Savannah [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 463 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,684 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 4,915 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,445 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,617 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,062 | |||
Accumulated Depreciation | 1,949 | |||
Date of Construction | 1981 | |||
Date Acquired | 26-Jun-95 | |||
Savannah [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Savannah [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Greensboro [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 444 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,613 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,990 | |||
Gross Amount at Which Carried at Close of Period, Land | 444 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,603 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,047 | |||
Accumulated Depreciation | 1,464 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Greensboro [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Greensboro [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 649 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,329 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,375 | |||
Gross Amount at Which Carried at Close of Period, Land | 649 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,704 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,353 | |||
Accumulated Depreciation | 1,608 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hartford-New Haven [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 387 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,402 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,911 | |||
Gross Amount at Which Carried at Close of Period, Land | 387 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,313 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,700 | |||
Accumulated Depreciation | 1,179 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Hartford-New Haven [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hartford-New Haven [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 844 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,021 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 914 | |||
Gross Amount at Which Carried at Close of Period, Land | 844 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,935 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,779 | |||
Accumulated Depreciation | 1,370 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 302 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,103 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 640 | |||
Gross Amount at Which Carried at Close of Period, Land | 303 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,742 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,045 | |||
Accumulated Depreciation | 808 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 315 | |||
Initial Cost to Company, Building, Equipment and Improvements | 745 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,962 | |||
Gross Amount at Which Carried at Close of Period, Land | 517 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,505 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,022 | |||
Accumulated Depreciation | 1,062 | |||
Date of Construction | 1984 | |||
Date Acquired | 26-Jun-95 | |||
Buffalo [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 321 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,150 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 778 | |||
Gross Amount at Which Carried at Close of Period, Land | 321 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,928 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,249 | |||
Accumulated Depreciation | 912 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbia [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 361 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,331 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 774 | |||
Gross Amount at Which Carried at Close of Period, Land | 374 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,092 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,466 | |||
Accumulated Depreciation | 1,036 | |||
Date of Construction | 1987 | |||
Date Acquired | 26-Jun-95 | |||
Columbia [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbia [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbia [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 189 | |||
Initial Cost to Company, Building, Equipment and Improvements | 719 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,138 | |||
Gross Amount at Which Carried at Close of Period, Land | 189 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,857 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,046 | |||
Accumulated Depreciation | 851 | |||
Date of Construction | 1989 | |||
Date Acquired | 26-Jun-95 | |||
Columbia [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbia [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbia [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 488 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,188 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,942 | |||
Gross Amount at Which Carried at Close of Period, Land | 488 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,130 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,618 | |||
Accumulated Depreciation | 981 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Columbia [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbia [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 430 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,579 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,245 | |||
Gross Amount at Which Carried at Close of Period, Land | 602 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,652 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,254 | |||
Accumulated Depreciation | 1,331 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Orlando [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 513 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,930 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 764 | |||
Gross Amount at Which Carried at Close of Period, Land | 513 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,694 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,207 | |||
Accumulated Depreciation | 1,340 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Orlando [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Orlando [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Sharon [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 194 | |||
Initial Cost to Company, Building, Equipment and Improvements | 912 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 560 | |||
Gross Amount at Which Carried at Close of Period, Land | 194 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,472 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,666 | |||
Accumulated Depreciation | 700 | |||
Date of Construction | 1975 | |||
Date Acquired | 26-Jun-95 | |||
Sharon [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Sharon [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Lauderdale [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,503 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,619 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,012 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,503 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,631 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,134 | |||
Accumulated Depreciation | 2,003 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Ft. Lauderdale [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Lauderdale [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
West Palm [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 398 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,035 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 392 | |||
Gross Amount at Which Carried at Close of Period, Land | 398 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,427 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,825 | |||
Accumulated Depreciation | 765 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
West Palm [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
West Palm [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 423 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,015 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 533 | |||
Gross Amount at Which Carried at Close of Period, Land | 424 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,547 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,971 | |||
Accumulated Depreciation | 770 | |||
Date of Construction | 1989 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 483 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,166 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,171 | |||
Gross Amount at Which Carried at Close of Period, Land | 483 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,337 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,820 | |||
Accumulated Depreciation | 959 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 308 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,116 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 718 | |||
Gross Amount at Which Carried at Close of Period, Land | 308 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,834 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,142 | |||
Accumulated Depreciation | 939 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 170 | |||
Initial Cost to Company, Building, Equipment and Improvements | 786 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 811 | |||
Gross Amount at Which Carried at Close of Period, Land | 174 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,593 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,767 | |||
Accumulated Depreciation | 738 | |||
Date of Construction | 1981 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 413 | |||
Initial Cost to Company, Building, Equipment and Improvements | 999 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 777 | |||
Gross Amount at Which Carried at Close of Period, Land | 413 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,776 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,189 | |||
Accumulated Depreciation | 941 | |||
Date of Construction | 1975 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Baltimore [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 154 | |||
Initial Cost to Company, Building, Equipment and Improvements | 555 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,469 | |||
Gross Amount at Which Carried at Close of Period, Land | 306 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,872 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,178 | |||
Accumulated Depreciation | 729 | |||
Date of Construction | 1984 | |||
Date Acquired | 26-Jun-95 | |||
Baltimore [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Baltimore [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Baltimore [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 479 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,742 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,906 | |||
Gross Amount at Which Carried at Close of Period, Land | 479 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,648 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,127 | |||
Accumulated Depreciation | 1,643 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Baltimore [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Baltimore [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Melbourne [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 883 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,104 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,721 | |||
Gross Amount at Which Carried at Close of Period, Land | 883 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,825 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,708 | |||
Accumulated Depreciation | 1,788 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Melbourne [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Melbourne [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Newport News [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 316 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,471 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 973 | |||
Gross Amount at Which Carried at Close of Period, Land | 316 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,444 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,760 | |||
Accumulated Depreciation | 1,152 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Newport News [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Newport News [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 632 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,962 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,558 | |||
Gross Amount at Which Carried at Close of Period, Land | 651 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,501 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,152 | |||
Accumulated Depreciation | 2,226 | |||
Date of Construction | 1983 | |||
Date Acquired | 26-Jun-95 | |||
Pensacola [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hartford [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 715 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,695 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,243 | |||
Gross Amount at Which Carried at Close of Period, Land | 715 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,938 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,653 | |||
Accumulated Depreciation | 1,301 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Hartford [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hartford [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 304 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,118 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,759 | |||
Gross Amount at Which Carried at Close of Period, Land | 619 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,562 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,181 | |||
Accumulated Depreciation | 1,330 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Alexandria [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,375 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,220 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,617 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,376 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,836 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,212 | |||
Accumulated Depreciation | 2,561 | |||
Date of Construction | 1984 | |||
Date Acquired | 26-Jun-95 | |||
Alexandria [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Alexandria [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 244 | |||
Initial Cost to Company, Building, Equipment and Improvements | 901 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 620 | |||
Gross Amount at Which Carried at Close of Period, Land | 244 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,521 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,765 | |||
Accumulated Depreciation | 776 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Pensacola [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Melbourne [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 834 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,066 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,311 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,591 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,620 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,211 | |||
Accumulated Depreciation | 1,325 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Melbourne [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Melbourne [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hartford [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 234 | |||
Initial Cost to Company, Building, Equipment and Improvements | 861 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,055 | |||
Gross Amount at Which Carried at Close of Period, Land | 612 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,538 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,150 | |||
Accumulated Depreciation | 1,011 | |||
Date of Construction | 1992 | |||
Date Acquired | 26-Jun-95 | |||
Hartford [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hartford [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 256 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,244 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,097 | |||
Gross Amount at Which Carried at Close of Period, Land | 256 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,341 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,597 | |||
Accumulated Depreciation | 1,307 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Norfolk [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 313 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,462 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,618 | |||
Gross Amount at Which Carried at Close of Period, Land | 313 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,080 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,393 | |||
Accumulated Depreciation | 1,251 | |||
Date of Construction | 1984 | |||
Date Acquired | 26-Jun-95 | |||
Norfolk [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Norfolk [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Norfolk II [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 278 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,004 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 453 | |||
Gross Amount at Which Carried at Close of Period, Land | 278 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,457 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,735 | |||
Accumulated Depreciation | 746 | |||
Date of Construction | 1989 | |||
Date Acquired | 26-Jun-95 | |||
Norfolk II [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Norfolk II [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Birmingham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 307 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,415 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,866 | |||
Gross Amount at Which Carried at Close of Period, Land | 385 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,203 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,588 | |||
Accumulated Depreciation | 1,234 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jun-95 | |||
Birmingham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Birmingham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Birmingham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 730 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,725 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,945 | |||
Gross Amount at Which Carried at Close of Period, Land | 730 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,670 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,400 | |||
Accumulated Depreciation | 1,291 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jun-95 | |||
Birmingham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Birmingham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 863 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,041 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 864 | |||
Gross Amount at Which Carried at Close of Period, Land | 863 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,905 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,768 | |||
Accumulated Depreciation | 1,441 | |||
Date of Construction | 1982 | |||
Date Acquired | 26-Jun-95 | |||
Montgomery [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 326 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,515 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 627 | |||
Gross Amount at Which Carried at Close of Period, Land | 326 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,142 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,468 | |||
Accumulated Depreciation | 1,054 | |||
Date of Construction | 1987 | |||
Date Acquired | 26-Jun-95 | |||
Jacksonville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 369 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,358 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,040 | |||
Gross Amount at Which Carried at Close of Period, Land | 369 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,398 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,767 | |||
Accumulated Depreciation | 1,625 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-95 | |||
Pensacola [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 244 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,128 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,776 | |||
Gross Amount at Which Carried at Close of Period, Land | 720 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,428 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,148 | |||
Accumulated Depreciation | 1,008 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jun-95 | |||
Pensacola [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 226 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,046 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 686 | |||
Gross Amount at Which Carried at Close of Period, Land | 226 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,732 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,958 | |||
Accumulated Depreciation | 869 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jun-95 | |||
Pensacola [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Tampa [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,088 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,597 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,114 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,088 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,711 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,799 | |||
Accumulated Depreciation | 1,909 | |||
Date of Construction | 1989 | |||
Date Acquired | 26-Jun-95 | |||
Tampa [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Tampa [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 526 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,958 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,255 | |||
Gross Amount at Which Carried at Close of Period, Land | 526 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,213 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,739 | |||
Accumulated Depreciation | 1,455 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Jun-95 | |||
Clearwater [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater-Largo [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 672 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,439 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 879 | |||
Gross Amount at Which Carried at Close of Period, Land | 672 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,318 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,990 | |||
Accumulated Depreciation | 1,576 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-95 | |||
Clearwater-Largo [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater-Largo [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jackson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 343 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,580 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,491 | |||
Gross Amount at Which Carried at Close of Period, Land | 796 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,618 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,414 | |||
Accumulated Depreciation | 1,279 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jun-95 | |||
Jackson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jackson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jackson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 209 | |||
Initial Cost to Company, Building, Equipment and Improvements | 964 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 783 | |||
Gross Amount at Which Carried at Close of Period, Land | 209 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,747 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,956 | |||
Accumulated Depreciation | 877 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jun-95 | |||
Jackson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jackson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Richmond [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 443 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,602 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,053 | |||
Gross Amount at Which Carried at Close of Period, Land | 443 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,655 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,098 | |||
Accumulated Depreciation | 1,219 | |||
Date of Construction | 1987 | |||
Date Acquired | 25-Aug-95 | |||
Richmond [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Richmond [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Orlando [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,161 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,755 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,262 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,162 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,016 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,178 | |||
Accumulated Depreciation | 1,949 | |||
Date of Construction | 1986 | |||
Date Acquired | 29-Sep-95 | |||
Orlando [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Orlando [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Birmingham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 424 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,506 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,170 | |||
Gross Amount at Which Carried at Close of Period, Land | 424 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,676 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,100 | |||
Accumulated Depreciation | 1,259 | |||
Date of Construction | 1970 | |||
Date Acquired | 16-Jan-96 | |||
Birmingham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Birmingham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Harrisburg [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 360 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,641 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 694 | |||
Gross Amount at Which Carried at Close of Period, Land | 360 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,335 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,695 | |||
Accumulated Depreciation | 1,167 | |||
Date of Construction | 1983 | |||
Date Acquired | 29-Dec-95 | |||
Harrisburg [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Harrisburg [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Harrisburg [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 627 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,224 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,837 | |||
Gross Amount at Which Carried at Close of Period, Land | 692 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,996 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,688 | |||
Accumulated Depreciation | 1,750 | |||
Date of Construction | 1985 | |||
Date Acquired | 29-Dec-95 | |||
Harrisburg [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Harrisburg [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Syracuse [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 470 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,712 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,428 | |||
Gross Amount at Which Carried at Close of Period, Land | 472 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,138 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,610 | |||
Accumulated Depreciation | 1,349 | |||
Date of Construction | 1987 | |||
Date Acquired | 27-Dec-95 | |||
Syracuse [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Syracuse [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Myers [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 205 | |||
Initial Cost to Company, Building, Equipment and Improvements | 912 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 374 | |||
Gross Amount at Which Carried at Close of Period, Land | 206 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,285 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,491 | |||
Accumulated Depreciation | 744 | |||
Date of Construction | 1988 | |||
Date Acquired | 28-Dec-95 | |||
Ft. Myers [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Myers [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft Myers One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 412 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,703 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 695 | |||
Gross Amount at Which Carried at Close of Period, Land | 413 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,397 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,810 | |||
Accumulated Depreciation | 1,295 | |||
Date of Construction | 1991/94 | |||
Date Acquired | 28-Dec-95 | |||
Ft Myers One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft Myers One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Newport News [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 442 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,592 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,393 | |||
Gross Amount at Which Carried at Close of Period, Land | 442 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,985 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,427 | |||
Accumulated Depreciation | 1,203 | |||
Date of Construction | 1988/93 | |||
Date Acquired | 5-Jan-96 | |||
Newport News [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Newport News [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 353 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,299 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 859 | |||
Gross Amount at Which Carried at Close of Period, Land | 353 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,158 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,511 | |||
Accumulated Depreciation | 915 | |||
Date of Construction | 1984 | |||
Date Acquired | 23-Jan-96 | |||
Montgomery [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charleston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 237 | |||
Initial Cost to Company, Building, Equipment and Improvements | 858 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 847 | |||
Gross Amount at Which Carried at Close of Period, Land | 232 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,710 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,942 | |||
Accumulated Depreciation | 776 | |||
Date of Construction | 1985 | |||
Date Acquired | 1-Mar-96 | |||
Charleston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charleston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Tampa [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 766 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,800 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 725 | |||
Gross Amount at Which Carried at Close of Period, Land | 766 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,525 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,291 | |||
Accumulated Depreciation | 1,189 | |||
Date of Construction | 1985 | |||
Date Acquired | 28-Mar-96 | |||
Tampa [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Tampa [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Ft.Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 442 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,767 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 399 | |||
Gross Amount at Which Carried at Close of Period, Land | 442 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,166 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,608 | |||
Accumulated Depreciation | 1,032 | |||
Date of Construction | 1987 | |||
Date Acquired | 29-Mar-96 | |||
Dallas-Ft.Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Ft.Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Ft.Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 408 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,662 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,215 | |||
Gross Amount at Which Carried at Close of Period, Land | 408 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,877 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,285 | |||
Accumulated Depreciation | 1,268 | |||
Date of Construction | 1986 | |||
Date Acquired | 29-Mar-96 | |||
Dallas-Ft.Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Ft.Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Ft.Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 328 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,324 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 449 | |||
Gross Amount at Which Carried at Close of Period, Land | 328 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,773 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,101 | |||
Accumulated Depreciation | 830 | |||
Date of Construction | 1986 | |||
Date Acquired | 29-Mar-96 | |||
Dallas-Ft.Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Ft.Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 436 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,759 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,345 | |||
Gross Amount at Which Carried at Close of Period, Land | 436 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,104 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,540 | |||
Accumulated Depreciation | 1,337 | |||
Date of Construction | 1986 | |||
Date Acquired | 29-Mar-96 | |||
San Antonio [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 289 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,161 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,381 | |||
Gross Amount at Which Carried at Close of Period, Land | 289 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,542 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,831 | |||
Accumulated Depreciation | 180 | |||
Date of Construction | 2012 | |||
Date Acquired | 29-Mar-96 | |||
San Antonio [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Syracuse [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 481 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,559 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,505 | |||
Gross Amount at Which Carried at Close of Period, Land | 671 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,874 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,545 | |||
Accumulated Depreciation | 1,545 | |||
Date of Construction | 1983 | |||
Date Acquired | 5-Jun-96 | |||
Syracuse [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Syracuse [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 279 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,014 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,354 | |||
Gross Amount at Which Carried at Close of Period, Land | 433 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,214 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,647 | |||
Accumulated Depreciation | 850 | |||
Date of Construction | 1988 | |||
Date Acquired | 21-May-96 | |||
Montgomery [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
West Palm [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 345 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,262 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 502 | |||
Gross Amount at Which Carried at Close of Period, Land | 345 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,764 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,109 | |||
Accumulated Depreciation | 795 | |||
Date of Construction | 1986 | |||
Date Acquired | 29-May-96 | |||
West Palm [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
West Palm [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Myers [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 229 | |||
Initial Cost to Company, Building, Equipment and Improvements | 884 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,822 | |||
Gross Amount at Which Carried at Close of Period, Land | 383 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,552 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,935 | |||
Accumulated Depreciation | 653 | |||
Date of Construction | 1986 | |||
Date Acquired | 29-May-96 | |||
Ft. Myers [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Myers [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lakeland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 359 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,287 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,257 | |||
Gross Amount at Which Carried at Close of Period, Land | 359 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,544 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,903 | |||
Accumulated Depreciation | 1,175 | |||
Date of Construction | 1988 | |||
Date Acquired | 26-Jun-96 | |||
Lakeland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lakeland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston - Springfield [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 251 | |||
Initial Cost to Company, Building, Equipment and Improvements | 917 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,376 | |||
Gross Amount at Which Carried at Close of Period, Land | 297 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,247 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,544 | |||
Accumulated Depreciation | 1,371 | |||
Date of Construction | 1986 | |||
Date Acquired | 26-Jun-96 | |||
Boston - Springfield [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston - Springfield [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Myers [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 344 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,254 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 574 | |||
Gross Amount at Which Carried at Close of Period, Land | 310 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,862 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,172 | |||
Accumulated Depreciation | 855 | |||
Date of Construction | 1987 | |||
Date Acquired | 26-Jun-96 | |||
Ft. Myers [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Myers [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cincinnati [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 557 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,988 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 936 | |||
Gross Amount at Which Carried at Close of Period, Land | 689 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,792 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,481 | |||
Accumulated Depreciation | 709 | |||
Date of Construction | 1988 | |||
Date Acquired | 23-Jul-96 | |||
Cincinnati [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cincinnati [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Baltimore [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 777 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,770 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 587 | |||
Gross Amount at Which Carried at Close of Period, Land | 777 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,357 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,134 | |||
Accumulated Depreciation | 1,545 | |||
Date of Construction | 1990 | |||
Date Acquired | 26-Jul-96 | |||
Baltimore [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Baltimore [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 568 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,028 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,212 | |||
Gross Amount at Which Carried at Close of Period, Land | 568 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,240 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,808 | |||
Accumulated Depreciation | 1,518 | |||
Date of Construction | 1987 | |||
Date Acquired | 23-Aug-96 | |||
Jacksonville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 436 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,635 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 788 | |||
Gross Amount at Which Carried at Close of Period, Land | 436 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,423 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,859 | |||
Accumulated Depreciation | 1,119 | |||
Date of Construction | 1985 | |||
Date Acquired | 26-Aug-96 | |||
Jacksonville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 535 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,033 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 530 | |||
Gross Amount at Which Carried at Close of Period, Land | 538 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,560 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,098 | |||
Accumulated Depreciation | 1,274 | |||
Date of Construction | 1987/92 | |||
Date Acquired | 30-Aug-96 | |||
Jacksonville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 487 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,754 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 652 | |||
Gross Amount at Which Carried at Close of Period, Land | 487 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,406 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,893 | |||
Accumulated Depreciation | 1,036 | |||
Date of Construction | 1995 | |||
Date Acquired | 16-Sep-96 | |||
Charlotte [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 315 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,131 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 481 | |||
Gross Amount at Which Carried at Close of Period, Land | 315 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,612 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,927 | |||
Accumulated Depreciation | 731 | |||
Date of Construction | 1995 | |||
Date Acquired | 16-Sep-96 | |||
Charlotte [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Orlando [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 314 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,113 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,258 | |||
Gross Amount at Which Carried at Close of Period, Land | 314 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,371 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,685 | |||
Accumulated Depreciation | 1,025 | |||
Date of Construction | 1975 | |||
Date Acquired | 30-Oct-96 | |||
Orlando [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Orlando [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Rochester [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 704 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,496 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,458 | |||
Gross Amount at Which Carried at Close of Period, Land | 707 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,951 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,658 | |||
Accumulated Depreciation | 1,722 | |||
Date of Construction | 1990 | |||
Date Acquired | 20-Dec-96 | |||
Rochester [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Rochester [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Youngstown [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 600 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,142 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,292 | |||
Gross Amount at Which Carried at Close of Period, Land | 693 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,341 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,034 | |||
Accumulated Depreciation | 1,520 | |||
Date of Construction | 1988 | |||
Date Acquired | 10-Jan-97 | |||
Youngstown [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Youngstown [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 751 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,676 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 4,123 | |||
Gross Amount at Which Carried at Close of Period, Land | 751 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,799 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,550 | |||
Accumulated Depreciation | 1,999 | |||
Date of Construction | 1986 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 725 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,586 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,226 | |||
Gross Amount at Which Carried at Close of Period, Land | 725 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,812 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,537 | |||
Accumulated Depreciation | 1,857 | |||
Date of Construction | 1978 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 637 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,918 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,966 | |||
Gross Amount at Which Carried at Close of Period, Land | 701 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,820 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,521 | |||
Accumulated Depreciation | 2,307 | |||
Date of Construction | 1979 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 495 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,781 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,132 | |||
Gross Amount at Which Carried at Close of Period, Land | 495 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,913 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,408 | |||
Accumulated Depreciation | 1,306 | |||
Date of Construction | 1979 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 761 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,714 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,637 | |||
Gross Amount at Which Carried at Close of Period, Land | 761 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,351 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,112 | |||
Accumulated Depreciation | 1,921 | |||
Date of Construction | 1977 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 418 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,921 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,893 | |||
Gross Amount at Which Carried at Close of Period, Land | 418 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,814 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,232 | |||
Accumulated Depreciation | 1,689 | |||
Date of Construction | 1970 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 606 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,164 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,477 | |||
Gross Amount at Which Carried at Close of Period, Land | 606 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,641 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,247 | |||
Accumulated Depreciation | 1,407 | |||
Date of Construction | 1982 | |||
Date Acquired | 10-Jan-97 | |||
Cleveland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 474 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,686 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 531 | |||
Gross Amount at Which Carried at Close of Period, Land | 504 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,187 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,691 | |||
Accumulated Depreciation | 938 | |||
Date of Construction | 1981 | |||
Date Acquired | 30-Jan-97 | |||
San Antonio [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 346 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,236 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 546 | |||
Gross Amount at Which Carried at Close of Period, Land | 346 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,782 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,128 | |||
Accumulated Depreciation | 772 | |||
Date of Construction | 1985 | |||
Date Acquired | 30-Jan-97 | |||
San Antonio [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 432 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,560 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,969 | |||
Gross Amount at Which Carried at Close of Period, Land | 432 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,529 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,961 | |||
Accumulated Depreciation | 1,418 | |||
Date of Construction | 1995 | |||
Date Acquired | 30-Jan-97 | |||
San Antonio [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 634 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,565 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,449 | |||
Gross Amount at Which Carried at Close of Period, Land | 634 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,014 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,648 | |||
Accumulated Depreciation | 1,690 | |||
Date of Construction | 1993/95 | |||
Date Acquired | 26-Mar-97 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 566 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,279 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 511 | |||
Gross Amount at Which Carried at Close of Period, Land | 566 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,790 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,356 | |||
Accumulated Depreciation | 1,218 | |||
Date of Construction | 1995 | |||
Date Acquired | 26-Mar-97 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 293 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,357 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 638 | |||
Gross Amount at Which Carried at Close of Period, Land | 293 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,995 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,288 | |||
Accumulated Depreciation | 834 | |||
Date of Construction | 1995 | |||
Date Acquired | 26-Mar-97 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lynchburg-Lakeside [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 335 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,342 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,527 | |||
Gross Amount at Which Carried at Close of Period, Land | 335 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,869 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,204 | |||
Accumulated Depreciation | 1,145 | |||
Date of Construction | 1982 | |||
Date Acquired | 31-Mar-97 | |||
Lynchburg-Lakeside [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lynchburg-Lakeside [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lynchburg-Timberlake [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 328 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,315 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,111 | |||
Gross Amount at Which Carried at Close of Period, Land | 328 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,426 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,754 | |||
Accumulated Depreciation | 1,070 | |||
Date of Construction | 1985 | |||
Date Acquired | 31-Mar-97 | |||
Lynchburg-Timberlake [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lynchburg-Timberlake [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lynchburg-Amherst [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 155 | |||
Initial Cost to Company, Building, Equipment and Improvements | 710 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 464 | |||
Gross Amount at Which Carried at Close of Period, Land | 152 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,177 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,329 | |||
Accumulated Depreciation | 555 | |||
Date of Construction | 1987 | |||
Date Acquired | 31-Mar-97 | |||
Lynchburg-Amherst [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lynchburg-Amherst [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chesapeake [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 260 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,043 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,482 | |||
Gross Amount at Which Carried at Close of Period, Land | 260 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,525 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,785 | |||
Accumulated Depreciation | 1,222 | |||
Date of Construction | 1988/95 | |||
Date Acquired | 31-Mar-97 | |||
Chesapeake [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chesapeake [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Orlando-W 25th St [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 289 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,160 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,106 | |||
Gross Amount at Which Carried at Close of Period, Land | 616 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,939 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,555 | |||
Accumulated Depreciation | 773 | |||
Date of Construction | 1984 | |||
Date Acquired | 31-Mar-97 | |||
Orlando-W 25th St [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Orlando-W 25th St [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Delray [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 491 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,756 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 730 | |||
Gross Amount at Which Carried at Close of Period, Land | 491 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,486 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,977 | |||
Accumulated Depreciation | 1,184 | |||
Date of Construction | 1969 | |||
Date Acquired | 11-Apr-97 | |||
Delray [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Delray [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Savannah [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 296 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,196 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 578 | |||
Gross Amount at Which Carried at Close of Period, Land | 296 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,774 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,070 | |||
Accumulated Depreciation | 768 | |||
Date of Construction | 1988 | |||
Date Acquired | 8-May-97 | |||
Savannah [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Savannah [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Delray One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 921 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,282 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 655 | |||
Gross Amount at Which Carried at Close of Period, Land | 921 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,937 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,858 | |||
Accumulated Depreciation | 1,808 | |||
Date of Construction | 1980 | |||
Date Acquired | 21-May-97 | |||
Delray One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Delray One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cleveland-Avon [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 301 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,214 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,275 | |||
Gross Amount at Which Carried at Close of Period, Land | 304 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,486 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,790 | |||
Accumulated Depreciation | 1,238 | |||
Date of Construction | 1989 | |||
Date Acquired | 4-Jun-97 | |||
Cleveland-Avon [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cleveland-Avon [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 965 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,864 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,553 | |||
Gross Amount at Which Carried at Close of Period, Land | 943 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,439 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,382 | |||
Accumulated Depreciation | 2,370 | |||
Date of Construction | 1977 | |||
Date Acquired | 30-Jun-97 | |||
Dallas Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas Fort Worth One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 370 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,486 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 743 | |||
Gross Amount at Which Carried at Close of Period, Land | 370 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,229 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,599 | |||
Accumulated Depreciation | 1,048 | |||
Date of Construction | 1975 | |||
Date Acquired | 30-Jun-97 | |||
Dallas Fort Worth One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas Fort Worth One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta-Alpharetta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,033 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,753 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 690 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,033 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,443 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,476 | |||
Accumulated Depreciation | 1,974 | |||
Date of Construction | 1994 | |||
Date Acquired | 24-Jul-97 | |||
Atlanta-Alpharetta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta-Alpharetta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta-Marietta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 769 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,788 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 577 | |||
Gross Amount at Which Carried at Close of Period, Land | 825 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,309 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,134 | |||
Accumulated Depreciation | 1,465 | |||
Date of Construction | 1996 | |||
Date Acquired | 24-Jul-97 | |||
Atlanta-Marietta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta-Marietta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta-Doraville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 735 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,429 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 456 | |||
Gross Amount at Which Carried at Close of Period, Land | 735 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,885 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,620 | |||
Accumulated Depreciation | 1,765 | |||
Date of Construction | 1995 | |||
Date Acquired | 21-Aug-97 | |||
Atlanta-Doraville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta-Doraville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Greensboro-Hilltop [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 268 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,097 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 431 | |||
Gross Amount at Which Carried at Close of Period, Land | 231 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,565 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,796 | |||
Accumulated Depreciation | 699 | |||
Date of Construction | 1995 | |||
Date Acquired | 25-Sep-97 | |||
Greensboro-Hilltop [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Greensboro-Hilltop [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Greensboro-StgCch [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 89 | |||
Initial Cost to Company, Building, Equipment and Improvements | 376 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,729 | |||
Gross Amount at Which Carried at Close of Period, Land | 89 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,105 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,194 | |||
Accumulated Depreciation | 788 | |||
Date of Construction | 1997 | |||
Date Acquired | 25-Sep-97 | |||
Greensboro-StgCch [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Greensboro-StgCch [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Baton Rouge-Airline [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 396 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,831 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,115 | |||
Gross Amount at Which Carried at Close of Period, Land | 421 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,921 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,342 | |||
Accumulated Depreciation | 1,202 | |||
Date of Construction | 1982 | |||
Date Acquired | 9-Oct-97 | |||
Baton Rouge-Airline [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Baton Rouge-Airline [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Baton Rouge-Airline2 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 282 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,303 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 435 | |||
Gross Amount at Which Carried at Close of Period, Land | 282 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,738 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,020 | |||
Accumulated Depreciation | 794 | |||
Date of Construction | 1985 | |||
Date Acquired | 21-Nov-97 | |||
Baton Rouge-Airline2 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Baton Rouge-Airline2 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Harrisburg-Peiffers [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 635 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,550 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 669 | |||
Gross Amount at Which Carried at Close of Period, Land | 637 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,217 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,854 | |||
Accumulated Depreciation | 1,430 | |||
Date of Construction | 1984 | |||
Date Acquired | 3-Dec-97 | |||
Harrisburg-Peiffers [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Harrisburg-Peiffers [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chesapeake-Military [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 542 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,210 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 486 | |||
Gross Amount at Which Carried at Close of Period, Land | 542 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,696 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,238 | |||
Accumulated Depreciation | 1,144 | |||
Date of Construction | 1996 | |||
Date Acquired | 5-Feb-98 | |||
Chesapeake-Military [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chesapeake-Military [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chesapeake-Volvo [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 620 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,532 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,233 | |||
Gross Amount at Which Carried at Close of Period, Land | 620 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,765 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,385 | |||
Accumulated Depreciation | 1,503 | |||
Date of Construction | 1995 | |||
Date Acquired | 5-Feb-98 | |||
Chesapeake-Volvo [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chesapeake-Volvo [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Virginia Beach-Shell [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 540 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,211 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 431 | |||
Gross Amount at Which Carried at Close of Period, Land | 540 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,642 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,182 | |||
Accumulated Depreciation | 1,154 | |||
Date of Construction | 1991 | |||
Date Acquired | 5-Feb-98 | |||
Virginia Beach-Shell [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Virginia Beach-Shell [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Virginia Beach-Central [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 864 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,994 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,074 | |||
Gross Amount at Which Carried at Close of Period, Land | 864 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,068 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,932 | |||
Accumulated Depreciation | 2,131 | |||
Date of Construction | 1993/95 | |||
Date Acquired | 5-Feb-98 | |||
Virginia Beach-Central [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Virginia Beach-Central [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Norfolk-Naval Base [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,243 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,019 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 947 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,243 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,966 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,209 | |||
Accumulated Depreciation | 2,534 | |||
Date of Construction | 1975 | |||
Date Acquired | 5-Feb-98 | |||
Norfolk-Naval Base [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Norfolk-Naval Base [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Tampa-E.Hillsborough [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 709 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,235 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 897 | |||
Gross Amount at Which Carried at Close of Period, Land | 709 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,132 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,841 | |||
Accumulated Depreciation | 1,863 | |||
Date of Construction | 1985 | |||
Date Acquired | 4-Feb-98 | |||
Tampa-E.Hillsborough [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Tampa-E.Hillsborough [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston North Bridge [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 441 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,788 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,092 | |||
Gross Amount at Which Carried at Close of Period, Land | 694 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,627 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,321 | |||
Accumulated Depreciation | 643 | |||
Date of Construction | 1988 | |||
Date Acquired | 9-Feb-98 | |||
Boston North Bridge [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston North Bridge [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Middle Town Harriman [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 843 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,394 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 784 | |||
Gross Amount at Which Carried at Close of Period, Land | 843 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,178 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,021 | |||
Accumulated Depreciation | 1,811 | |||
Date of Construction | 1989/95 | |||
Date Acquired | 4-Feb-98 | |||
Middle Town Harriman [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Middle Town Harriman [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Greensboro-High Point [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 397 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,834 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 658 | |||
Gross Amount at Which Carried at Close of Period, Land | 397 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,492 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,889 | |||
Accumulated Depreciation | 1,087 | |||
Date of Construction | 1993 | |||
Date Acquired | 10-Feb-98 | |||
Greensboro-High Point [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Greensboro-High Point [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lynchburg-Timberlake [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 488 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,746 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 716 | |||
Gross Amount at Which Carried at Close of Period, Land | 488 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,462 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,950 | |||
Accumulated Depreciation | 1,016 | |||
Date of Construction | 1990/96 | |||
Date Acquired | 18-Feb-98 | |||
Lynchburg-Timberlake [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lynchburg-Timberlake [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Titusville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 492 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,990 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,163 | |||
Gross Amount at Which Carried at Close of Period, Land | 688 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,957 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,645 | |||
Accumulated Depreciation | 756 | |||
Date of Construction | 1986/90 | |||
Date Acquired | 25-Feb-98 | |||
Titusville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Titusville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston Salem [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 733 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,941 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,372 | |||
Gross Amount at Which Carried at Close of Period, Land | 733 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,313 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,046 | |||
Accumulated Depreciation | 1,923 | |||
Date of Construction | 1979 | |||
Date Acquired | 3-Mar-98 | |||
Boston Salem [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston Salem [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Providence [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 345 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,268 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,032 | |||
Gross Amount at Which Carried at Close of Period, Land | 486 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,159 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,645 | |||
Accumulated Depreciation | 1,001 | |||
Date of Construction | 1984 | |||
Date Acquired | 26-Jun-95 | |||
Providence [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Providence [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chattanooga-Lee Hwy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 384 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,371 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 617 | |||
Gross Amount at Which Carried at Close of Period, Land | 384 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,988 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,372 | |||
Accumulated Depreciation | 903 | |||
Date of Construction | 1987 | |||
Date Acquired | 27-Mar-88 | |||
Chattanooga-Lee Hwy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chattanooga-Lee Hwy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chattanooga-Hwy 58 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 296 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,198 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,225 | |||
Gross Amount at Which Carried at Close of Period, Land | 414 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,305 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,719 | |||
Accumulated Depreciation | 1,098 | |||
Date of Construction | 1985 | |||
Date Acquired | 27-Mar-98 | |||
Chattanooga-Hwy 58 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chattanooga-Hwy 58 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Oglethorpe [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 349 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,250 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,737 | |||
Gross Amount at Which Carried at Close of Period, Land | 464 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,872 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,336 | |||
Accumulated Depreciation | 888 | |||
Date of Construction | 1989 | |||
Date Acquired | 27-Mar-98 | |||
Ft. Oglethorpe [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Oglethorpe [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Birmingham-Walt [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 544 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,942 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,301 | |||
Gross Amount at Which Carried at Close of Period, Land | 544 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,243 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,787 | |||
Accumulated Depreciation | 1,366 | |||
Date of Construction | 1984 | |||
Date Acquired | 27-Mar-98 | |||
Birmingham-Walt [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Birmingham-Walt [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Providence One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 702 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,821 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,846 | |||
Gross Amount at Which Carried at Close of Period, Land | 702 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,667 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,369 | |||
Accumulated Depreciation | 1,920 | |||
Date of Construction | 1984/88 | |||
Date Acquired | 26-Mar-98 | |||
Providence One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Providence One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 775 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,103 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 911 | |||
Gross Amount at Which Carried at Close of Period, Land | 775 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,014 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,789 | |||
Accumulated Depreciation | 1,677 | |||
Date of Construction | 1988/91 | |||
Date Acquired | 9-Apr-98 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 940 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,763 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 837 | |||
Gross Amount at Which Carried at Close of Period, Land | 940 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,600 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,540 | |||
Accumulated Depreciation | 1,965 | |||
Date of Construction | 1990/96 | |||
Date Acquired | 9-Apr-98 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Salem-Policy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 742 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,977 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 532 | |||
Gross Amount at Which Carried at Close of Period, Land | 742 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,509 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,251 | |||
Accumulated Depreciation | 1,474 | |||
Date of Construction | 1980 | |||
Date Acquired | 7-Apr-98 | |||
Salem-Policy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Salem-Policy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Youngstown Warren [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 522 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,864 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,382 | |||
Gross Amount at Which Carried at Close of Period, Land | 569 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,199 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,768 | |||
Accumulated Depreciation | 1,280 | |||
Date of Construction | 1986 | |||
Date Acquired | 22-Apr-98 | |||
Youngstown Warren [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Youngstown Warren [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Youngstown Warren One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 512 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,829 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,031 | |||
Gross Amount at Which Carried at Close of Period, Land | 633 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,739 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,372 | |||
Accumulated Depreciation | 1,329 | |||
Date of Construction | 1986 | |||
Date Acquired | 22-Apr-98 | |||
Youngstown Warren One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Youngstown Warren One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Melbourne [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 662 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,654 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,916 | |||
Gross Amount at Which Carried at Close of Period, Land | 662 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,570 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,232 | |||
Accumulated Depreciation | 1,230 | |||
Date of Construction | 1985 | |||
Date Acquired | 2-Jun-98 | |||
Melbourne [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Melbourne [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jackson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 744 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,021 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 251 | |||
Gross Amount at Which Carried at Close of Period, Land | 744 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,272 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,016 | |||
Accumulated Depreciation | 1,384 | |||
Date of Construction | 1995 | |||
Date Acquired | 13-May-98 | |||
Jackson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jackson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Katy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 419 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,524 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,974 | |||
Gross Amount at Which Carried at Close of Period, Land | 419 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,498 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,917 | |||
Accumulated Depreciation | 1,347 | |||
Date of Construction | 1994 | |||
Date Acquired | 20-May-98 | |||
Houston Katy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Katy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hollywood-Sheridan [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,208 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,854 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 630 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,208 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,484 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,692 | |||
Accumulated Depreciation | 2,324 | |||
Date of Construction | 1988 | |||
Date Acquired | 1-Jul-98 | |||
Hollywood-Sheridan [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hollywood-Sheridan [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pompano Beach-Atlantic [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 944 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,803 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 573 | |||
Gross Amount at Which Carried at Close of Period, Land | 944 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,376 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,320 | |||
Accumulated Depreciation | 1,941 | |||
Date of Construction | 1985 | |||
Date Acquired | 1-Jul-98 | |||
Pompano Beach-Atlantic [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pompano Beach-Atlantic [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pompano Beach-Sample [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 903 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,643 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 456 | |||
Gross Amount at Which Carried at Close of Period, Land | 903 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,099 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,002 | |||
Accumulated Depreciation | 1,756 | |||
Date of Construction | 1988 | |||
Date Acquired | 1-Jul-98 | |||
Pompano Beach-Sample [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pompano Beach-Sample [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boca Raton-18th St [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,503 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,059 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | -1,966 | |||
Gross Amount at Which Carried at Close of Period, Land | 851 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,745 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,596 | |||
Accumulated Depreciation | 2,027 | |||
Date of Construction | 1991 | |||
Date Acquired | 1-Jul-98 | |||
Boca Raton-18th St [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boca Raton-18th St [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Vero Beach [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 489 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,813 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,710 | |||
Gross Amount at Which Carried at Close of Period, Land | 584 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,428 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,012 | |||
Accumulated Depreciation | 945 | |||
Date of Construction | 1997 | |||
Date Acquired | 12-Jun-98 | |||
Vero Beach [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Vero Beach [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Humble [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 447 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,790 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,454 | |||
Gross Amount at Which Carried at Close of Period, Land | 740 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,951 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,691 | |||
Accumulated Depreciation | 1,332 | |||
Date of Construction | 1986 | |||
Date Acquired | 16-Jun-98 | |||
Houston Humble [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Humble [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Webster [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 635 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,302 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 235 | |||
Gross Amount at Which Carried at Close of Period, Land | 635 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,537 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,172 | |||
Accumulated Depreciation | 1,059 | |||
Date of Construction | 1997 | |||
Date Acquired | 19-Jun-98 | |||
Houston Webster [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Webster [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas Fort Worth Two [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 548 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,988 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 394 | |||
Gross Amount at Which Carried at Close of Period, Land | 548 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,382 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,930 | |||
Accumulated Depreciation | 984 | |||
Date of Construction | 1997 | |||
Date Acquired | 19-Jun-98 | |||
Dallas Fort Worth Two [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas Fort Worth Two [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hollywood-N.21st [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 840 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,373 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 598 | |||
Gross Amount at Which Carried at Close of Period, Land | 840 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,971 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,811 | |||
Accumulated Depreciation | 1,711 | |||
Date of Construction | 1987 | |||
Date Acquired | 3-Aug-98 | |||
Hollywood-N.21st [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hollywood-N.21st [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Marcos [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 324 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,493 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,135 | |||
Gross Amount at Which Carried at Close of Period, Land | 324 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,628 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,952 | |||
Accumulated Depreciation | 1,179 | |||
Date of Construction | 1994 | |||
Date Acquired | 30-Jun-98 | |||
San Marcos [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Marcos [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-McNeil [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 492 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,995 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,517 | |||
Gross Amount at Which Carried at Close of Period, Land | 510 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,494 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,004 | |||
Accumulated Depreciation | 1,284 | |||
Date of Construction | 1994 | |||
Date Acquired | 30-Jun-98 | |||
Austin-McNeil [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-McNeil [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-FM [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 484 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,951 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 613 | |||
Gross Amount at Which Carried at Close of Period, Land | 481 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,567 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,048 | |||
Accumulated Depreciation | 1,051 | |||
Date of Construction | 1996 | |||
Date Acquired | 30-Jun-98 | |||
Austin-FM [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-FM [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas Fort Worth Three [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 550 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,998 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 878 | |||
Gross Amount at Which Carried at Close of Period, Land | 550 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,876 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,426 | |||
Accumulated Depreciation | 1,083 | |||
Date of Construction | 1996 | |||
Date Acquired | 29-Sep-98 | |||
Dallas Fort Worth Three [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas Fort Worth Three [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas Fort Worth Four [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 670 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,407 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,708 | |||
Gross Amount at Which Carried at Close of Period, Land | 670 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,115 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,785 | |||
Accumulated Depreciation | 1,462 | |||
Date of Construction | 1996 | |||
Date Acquired | 9-Oct-98 | |||
Dallas Fort Worth Four [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas Fort Worth Four [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cincinnati Batavia [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 390 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,570 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,167 | |||
Gross Amount at Which Carried at Close of Period, Land | 390 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,737 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,127 | |||
Accumulated Depreciation | 976 | |||
Date of Construction | 1988 | |||
Date Acquired | 19-Nov-98 | |||
Cincinnati Batavia [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cincinnati Batavia [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jackson-N.West [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 460 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,642 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 596 | |||
Gross Amount at Which Carried at Close of Period, Land | 460 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,238 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,698 | |||
Accumulated Depreciation | 1,023 | |||
Date of Construction | 1984 | |||
Date Acquired | 1-Dec-98 | |||
Jackson-N.West [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jackson-N.West [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Katy One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 507 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,058 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,747 | |||
Gross Amount at Which Carried at Close of Period, Land | 507 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,805 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,312 | |||
Accumulated Depreciation | 1,262 | |||
Date of Construction | 1993 | |||
Date Acquired | 15-Dec-98 | |||
Houston Katy One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Katy One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Providence Two [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 447 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,776 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 946 | |||
Gross Amount at Which Carried at Close of Period, Land | 447 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,722 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,169 | |||
Accumulated Depreciation | 1,114 | |||
Date of Construction | 1986/94 | |||
Date Acquired | 2-Feb-99 | |||
Providence Two [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Providence Two [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette-Pinhook 1 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 556 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,951 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,184 | |||
Gross Amount at Which Carried at Close of Period, Land | 556 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,135 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,691 | |||
Accumulated Depreciation | 1,423 | |||
Date of Construction | 1980 | |||
Date Acquired | 17-Feb-99 | |||
Lafayette-Pinhook 1 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette-Pinhook 1 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette-Pinhook2 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 708 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,860 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,198 | |||
Gross Amount at Which Carried at Close of Period, Land | 708 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,058 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,766 | |||
Accumulated Depreciation | 1,338 | |||
Date of Construction | 1992/94 | |||
Date Acquired | 17-Feb-99 | |||
Lafayette-Pinhook2 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette-Pinhook2 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette-Ambassador [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 314 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,095 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 927 | |||
Gross Amount at Which Carried at Close of Period, Land | 314 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,022 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,336 | |||
Accumulated Depreciation | 911 | |||
Date of Construction | 1975 | |||
Date Acquired | 17-Feb-99 | |||
Lafayette-Ambassador [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette-Ambassador [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette-Evangeline [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 188 | |||
Initial Cost to Company, Building, Equipment and Improvements | 652 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,625 | |||
Gross Amount at Which Carried at Close of Period, Land | 188 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,277 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,465 | |||
Accumulated Depreciation | 943 | |||
Date of Construction | 1977 | |||
Date Acquired | 17-Feb-99 | |||
Lafayette-Evangeline [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette-Evangeline [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette-Guilbeau [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 963 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,896 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 982 | |||
Gross Amount at Which Carried at Close of Period, Land | 963 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,878 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,841 | |||
Accumulated Depreciation | 1,847 | |||
Date of Construction | 1994 | |||
Date Acquired | 17-Feb-99 | |||
Lafayette-Guilbeau [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette-Guilbeau [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix Gilbert [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 651 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,600 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,254 | |||
Gross Amount at Which Carried at Close of Period, Land | 772 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,733 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,505 | |||
Accumulated Depreciation | 1,388 | |||
Date of Construction | 1995 | |||
Date Acquired | 18-May-99 | |||
Phoenix Gilbert [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix Gilbert [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix Glendale [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 565 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,596 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 682 | |||
Gross Amount at Which Carried at Close of Period, Land | 565 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,278 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,843 | |||
Accumulated Depreciation | 1,289 | |||
Date of Construction | 1997 | |||
Date Acquired | 18-May-99 | |||
Phoenix Glendale [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix Glendale [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix Mesa [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 330 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,309 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,557 | |||
Gross Amount at Which Carried at Close of Period, Land | 733 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,463 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,196 | |||
Accumulated Depreciation | 968 | |||
Date of Construction | 1986 | |||
Date Acquired | 18-May-99 | |||
Phoenix Mesa [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix Mesa [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix Mesa One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 339 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,346 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 701 | |||
Gross Amount at Which Carried at Close of Period, Land | 339 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,047 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,386 | |||
Accumulated Depreciation | 771 | |||
Date of Construction | 1986 | |||
Date Acquired | 18-May-99 | |||
Phoenix Mesa One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix Mesa One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix Mesa Two [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 291 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,026 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,034 | |||
Gross Amount at Which Carried at Close of Period, Land | 291 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,060 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,351 | |||
Accumulated Depreciation | 716 | |||
Date of Construction | 1976 | |||
Date Acquired | 18-May-99 | |||
Phoenix Mesa Two [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix Mesa Two [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix Mesa Three [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 354 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,405 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 526 | |||
Gross Amount at Which Carried at Close of Period, Land | 354 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,931 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,285 | |||
Accumulated Depreciation | 804 | |||
Date of Construction | 1986 | |||
Date Acquired | 18-May-99 | |||
Phoenix Mesa Three [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix Mesa Three [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix-Camelback [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 453 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,610 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 953 | |||
Gross Amount at Which Carried at Close of Period, Land | 453 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,563 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,016 | |||
Accumulated Depreciation | 1,065 | |||
Date of Construction | 1984 | |||
Date Acquired | 18-May-99 | |||
Phoenix-Camelback [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix-Camelback [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix-Bell [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 872 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,476 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,518 | |||
Gross Amount at Which Carried at Close of Period, Land | 872 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,994 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,866 | |||
Accumulated Depreciation | 1,966 | |||
Date of Construction | 1984 | |||
Date Acquired | 18-May-99 | |||
Phoenix-Bell [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix-Bell [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix-35th Ave [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 849 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,401 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 843 | |||
Gross Amount at Which Carried at Close of Period, Land | 849 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,244 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,093 | |||
Accumulated Depreciation | 1,676 | |||
Date of Construction | 1996 | |||
Date Acquired | 21-May-99 | |||
Phoenix-35th Ave [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix-35th Ave [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Portland 1988 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 410 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,626 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,929 | |||
Gross Amount at Which Carried at Close of Period, Land | 410 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,555 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,965 | |||
Accumulated Depreciation | 1,238 | |||
Date of Construction | 1988 | |||
Date Acquired | 2-Aug-99 | |||
Portland 1988 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Portland 1988 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cocoa [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 667 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,373 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 877 | |||
Gross Amount at Which Carried at Close of Period, Land | 667 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,250 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,917 | |||
Accumulated Depreciation | 1,313 | |||
Date of Construction | 1982 | |||
Date Acquired | 29-Sep-99 | |||
Cocoa [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cocoa [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas Fort Worth Five [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 335 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,521 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 592 | |||
Gross Amount at Which Carried at Close of Period, Land | 335 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,113 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,448 | |||
Accumulated Depreciation | 826 | |||
Date of Construction | 1985 | |||
Date Acquired | 9-Nov-99 | |||
Dallas Fort Worth Five [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas Fort Worth Five [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Middletown Monroe [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 276 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,312 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,277 | |||
Gross Amount at Which Carried at Close of Period, Land | 276 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,589 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,865 | |||
Accumulated Depreciation | 872 | |||
Date of Construction | 1998 | |||
Date Acquired | 2-Feb-00 | |||
Middletown Monroe [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Middletown Monroe [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Bostonn Andover [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 633 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,573 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 984 | |||
Gross Amount at Which Carried at Close of Period, Land | 633 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,557 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,190 | |||
Accumulated Depreciation | 1,267 | |||
Date of Construction | 1989 | |||
Date Acquired | 15-Feb-00 | |||
Bostonn Andover [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Bostonn Andover [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Seabrook [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 633 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,617 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 446 | |||
Gross Amount at Which Carried at Close of Period, Land | 633 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,063 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,696 | |||
Accumulated Depreciation | 1,201 | |||
Date of Construction | 1996 | |||
Date Acquired | 1-Mar-00 | |||
Houston Seabrook [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Seabrook [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Lauderdale [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 384 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,422 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 633 | |||
Gross Amount at Which Carried at Close of Period, Land | 384 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,055 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,439 | |||
Accumulated Depreciation | 789 | |||
Date of Construction | 1994 | |||
Date Acquired | 2-May-00 | |||
Ft. Lauderdale [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Lauderdale [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Birmingham-Bessemer [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 254 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,059 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,340 | |||
Gross Amount at Which Carried at Close of Period, Land | 254 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,399 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,653 | |||
Accumulated Depreciation | 744 | |||
Date of Construction | 1998 | |||
Date Acquired | 15-Nov-00 | |||
Birmingham-Bessemer [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Birmingham-Bessemer [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Brewster [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,716 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,920 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,543 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,981 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,198 | |||
Gross Amount at Which Carried at Close of Period, Total | 10,179 | |||
Accumulated Depreciation | 1,627 | |||
Date of Construction | 1991/97 | |||
Date Acquired | 27-Dec-00 | |||
Brewster [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Brewster [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Lamar [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 837 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,977 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,527 | |||
Gross Amount at Which Carried at Close of Period, Land | 966 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,375 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,341 | |||
Accumulated Depreciation | 928 | |||
Date of Construction | 1996/99 | |||
Date Acquired | 22-Feb-01 | |||
Austin-Lamar [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Lamar [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 733 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,392 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 756 | |||
Gross Amount at Which Carried at Close of Period, Land | 841 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,040 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,881 | |||
Accumulated Depreciation | 1,060 | |||
Date of Construction | 1993/97 | |||
Date Acquired | 2-Mar-01 | |||
Houston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Myers [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 787 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,249 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 663 | |||
Gross Amount at Which Carried at Close of Period, Land | 902 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,797 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,699 | |||
Accumulated Depreciation | 1,001 | |||
Date of Construction | 1997 | |||
Date Acquired | 13-Mar-01 | |||
Ft. Myers [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Myers [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston Dracut [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,035 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,737 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 667 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,104 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,335 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,439 | |||
Accumulated Depreciation | 1,496 | |||
Date of Construction | 1986 | |||
Date Acquired | 1-Dec-01 | |||
Boston Dracut [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston Dracut [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston-Methuen [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,024 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,649 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 751 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,091 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,333 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,424 | |||
Accumulated Depreciation | 1,439 | |||
Date of Construction | 1984 | |||
Date Acquired | 1-Dec-01 | |||
Boston-Methuen [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston-Methuen [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbia [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 883 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,139 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,359 | |||
Gross Amount at Which Carried at Close of Period, Land | 942 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,439 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,381 | |||
Accumulated Depreciation | 1,381 | |||
Date of Construction | 1985 | |||
Date Acquired | 1-Dec-01 | |||
Columbia [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbia [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Myrtle Beach [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 552 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,970 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,002 | |||
Gross Amount at Which Carried at Close of Period, Land | 588 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,936 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,524 | |||
Accumulated Depreciation | 993 | |||
Date of Construction | 1984 | |||
Date Acquired | 1-Dec-01 | |||
Myrtle Beach [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Myrtle Beach [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Kingsland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 470 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,902 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,257 | |||
Gross Amount at Which Carried at Close of Period, Land | 666 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,963 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,629 | |||
Accumulated Depreciation | 1,271 | |||
Date of Construction | 1989 | |||
Date Acquired | 1-Dec-01 | |||
Kingsland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Kingsland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Saco [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 534 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,914 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 417 | |||
Gross Amount at Which Carried at Close of Period, Land | 570 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,295 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,865 | |||
Accumulated Depreciation | 770 | |||
Date of Construction | 1988 | |||
Date Acquired | 3-Dec-01 | |||
Saco [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Saco [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston-Plymouth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,004 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,584 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,340 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,004 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,924 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,928 | |||
Accumulated Depreciation | 1,933 | |||
Date of Construction | 1996 | |||
Date Acquired | 19-Dec-01 | |||
Boston-Plymouth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston-Plymouth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston-Sandwich [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 670 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,060 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 545 | |||
Gross Amount at Which Carried at Close of Period, Land | 714 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,561 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,275 | |||
Accumulated Depreciation | 1,174 | |||
Date of Construction | 1984 | |||
Date Acquired | 19-Dec-01 | |||
Boston-Sandwich [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston-Sandwich [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Syracuse [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 294 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,203 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,130 | |||
Gross Amount at Which Carried at Close of Period, Land | 327 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,300 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,627 | |||
Accumulated Depreciation | 633 | |||
Date of Construction | 1987 | |||
Date Acquired | 5-Feb-02 | |||
Syracuse [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Syracuse [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 734 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,956 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 792 | |||
Gross Amount at Which Carried at Close of Period, Land | 784 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,698 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,482 | |||
Accumulated Depreciation | 1,187 | |||
Date of Construction | 1984 | |||
Date Acquired | 13-Feb-02 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 394 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,595 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 411 | |||
Gross Amount at Which Carried at Close of Period, Land | 421 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,979 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,400 | |||
Accumulated Depreciation | 660 | |||
Date of Construction | 1985 | |||
Date Acquired | 13-Feb-02 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio-Hunt [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 381 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,545 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,814 | |||
Gross Amount at Which Carried at Close of Period, Land | 618 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,122 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,740 | |||
Accumulated Depreciation | 891 | |||
Date of Construction | 1980 | |||
Date Acquired | 13-Feb-02 | |||
San Antonio-Hunt [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio-Hunt [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Humble [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 919 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,696 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 641 | |||
Gross Amount at Which Carried at Close of Period, Land | 919 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,337 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,256 | |||
Accumulated Depreciation | 1,348 | |||
Date of Construction | 1998/02 | |||
Date Acquired | 19-Jun-02 | |||
Houston-Humble [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Humble [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Pasadena [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 612 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,468 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 443 | |||
Gross Amount at Which Carried at Close of Period, Land | 612 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,911 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,523 | |||
Accumulated Depreciation | 904 | |||
Date of Construction | 1999 | |||
Date Acquired | 19-Jun-02 | |||
Houston-Pasadena [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Pasadena [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-League City [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 689 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,159 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 601 | |||
Gross Amount at Which Carried at Close of Period, Land | 689 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,760 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,449 | |||
Accumulated Depreciation | 1,138 | |||
Date of Construction | 1994/97 | |||
Date Acquired | 19-Jun-02 | |||
Houston-League City [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-League City [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Montgomery [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 817 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,286 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,210 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,119 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,194 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,313 | |||
Accumulated Depreciation | 1,428 | |||
Date of Construction | 1998 | |||
Date Acquired | 19-Jun-02 | |||
Houston-Montgomery [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Montgomery [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 407 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,650 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 270 | |||
Gross Amount at Which Carried at Close of Period, Land | 407 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,920 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,327 | |||
Accumulated Depreciation | 622 | |||
Date of Construction | 1997 | |||
Date Acquired | 19-Jun-02 | |||
Houston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 817 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,287 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 446 | |||
Gross Amount at Which Carried at Close of Period, Land | 817 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,733 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,550 | |||
Accumulated Depreciation | 1,188 | |||
Date of Construction | 1996 | |||
Date Acquired | 19-Jun-02 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
The Hamptons [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,207 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,866 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 756 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,207 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 9,622 | |||
Gross Amount at Which Carried at Close of Period, Total | 11,829 | |||
Accumulated Depreciation | 2,990 | |||
Date of Construction | 1989/95 | |||
Date Acquired | 16-Dec-02 | |||
The Hamptons [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
The Hamptons [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
The Hamptons [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,131 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,564 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 584 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,131 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,148 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,279 | |||
Accumulated Depreciation | 1,556 | |||
Date of Construction | 1998 | |||
Date Acquired | 16-Dec-02 | |||
The Hamptons [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
The Hamptons [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
The Hamptons [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 635 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,918 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 432 | |||
Gross Amount at Which Carried at Close of Period, Land | 635 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,350 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,985 | |||
Accumulated Depreciation | 1,006 | |||
Date of Construction | 1997 | |||
Date Acquired | 16-Dec-02 | |||
The Hamptons [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
The Hamptons [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
The Hamptons [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,251 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,744 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 493 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,252 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,236 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,488 | |||
Accumulated Depreciation | 1,876 | |||
Date of Construction | 1994/98 | |||
Date Acquired | 16-Dec-02 | |||
The Hamptons [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
The Hamptons [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,039 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,201 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 218 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,039 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,419 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,458 | |||
Accumulated Depreciation | 1,273 | |||
Date of Construction | 1995/99 | |||
Date Acquired | 26-Aug-03 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 827 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,776 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 469 | |||
Gross Amount at Which Carried at Close of Period, Land | 827 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,245 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,072 | |||
Accumulated Depreciation | 1,199 | |||
Date of Construction | 1998/01 | |||
Date Acquired | 1-Oct-03 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Stamford [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,713 | |||
Initial Cost to Company, Building, Equipment and Improvements | 11,013 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 393 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,713 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 11,406 | |||
Gross Amount at Which Carried at Close of Period, Total | 14,119 | |||
Accumulated Depreciation | 3,299 | |||
Date of Construction | 1998 | |||
Date Acquired | 17-Mar-04 | |||
Stamford [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Stamford [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Tomball [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 773 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,170 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,801 | |||
Gross Amount at Which Carried at Close of Period, Land | 773 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,971 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,744 | |||
Accumulated Depreciation | 1,319 | |||
Date of Construction | 2000 | |||
Date Acquired | 19-May-04 | |||
Houston-Tomball [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Tomball [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Conroe [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,195 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,877 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 288 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,195 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,165 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,360 | |||
Accumulated Depreciation | 1,426 | |||
Date of Construction | 2001 | |||
Date Acquired | 19-May-04 | |||
Houston-Conroe [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Conroe [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Spring [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,103 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,550 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 362 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,103 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,912 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,015 | |||
Accumulated Depreciation | 1,387 | |||
Date of Construction | 2001 | |||
Date Acquired | 19-May-04 | |||
Houston-Spring [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Spring [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Bissonnet [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,061 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,427 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,848 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,061 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,275 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,336 | |||
Accumulated Depreciation | 1,802 | |||
Date of Construction | 2003 | |||
Date Acquired | 19-May-04 | |||
Houston-Bissonnet [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Bissonnet [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Alvin [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 388 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,640 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 991 | |||
Gross Amount at Which Carried at Close of Period, Land | 388 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,631 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,019 | |||
Accumulated Depreciation | 656 | |||
Date of Construction | 2003 | |||
Date Acquired | 19-May-04 | |||
Houston-Alvin [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Alvin [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,720 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,986 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 197 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,720 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,183 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,903 | |||
Accumulated Depreciation | 1,955 | |||
Date of Construction | 2001 | |||
Date Acquired | 3-Jun-04 | |||
Clearwater [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Missouri City [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,167 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,744 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 3,537 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,566 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,882 | |||
Gross Amount at Which Carried at Close of Period, Total | 9,448 | |||
Accumulated Depreciation | 1,771 | |||
Date of Construction | 1998 | |||
Date Acquired | 23-Jun-04 | |||
Houston-Missouri City [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Missouri City [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chattanooga-Hixson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,365 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,569 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,603 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,365 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,172 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,537 | |||
Accumulated Depreciation | 1,925 | |||
Date of Construction | 1998/02 | |||
Date Acquired | 4-Aug-04 | |||
Chattanooga-Hixson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chattanooga-Hixson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Round Rock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,047 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,857 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 826 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,976 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,754 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,730 | |||
Accumulated Depreciation | 1,817 | |||
Date of Construction | 2000 | |||
Date Acquired | 5-Aug-04 | |||
Austin-Round Rock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Round Rock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Syracuse - Cicero [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 527 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,121 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 852 | |||
Gross Amount at Which Carried at Close of Period, Land | 527 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,973 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,500 | |||
Accumulated Depreciation | 796 | |||
Date of Construction | 1988/02 | |||
Date Acquired | 16-Mar-05 | |||
Syracuse - Cicero [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Syracuse - Cicero [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Long Island-Bayshore [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,131 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,609 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 209 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,131 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,818 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,949 | |||
Accumulated Depreciation | 1,221 | |||
Date of Construction | 2003 | |||
Date Acquired | 15-Mar-05 | |||
Long Island-Bayshore [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Long Island-Bayshore [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston Springfield One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 612 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,501 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 220 | |||
Gross Amount at Which Carried at Close of Period, Land | 612 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,721 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,333 | |||
Accumulated Depreciation | 714 | |||
Date of Construction | 1965/75 | |||
Date Acquired | 12-Apr-05 | |||
Boston Springfield One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston Springfield One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Stamford [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,612 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,585 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 240 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,612 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,825 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,437 | |||
Accumulated Depreciation | 1,791 | |||
Date of Construction | 2002 | |||
Date Acquired | 14-Apr-05 | |||
Stamford [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Stamford [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Jones [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,214 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,949 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 270 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,215 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,218 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,433 | |||
Accumulated Depreciation | 1,294 | |||
Date of Construction | 1997/99 | |||
Date Acquired | 6-Jun-05 | |||
Houston-Jones [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Jones [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery-Richard [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,906 | |||
Initial Cost to Company, Building, Equipment and Improvements | 7,726 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 284 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,906 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,010 | |||
Gross Amount at Which Carried at Close of Period, Total | 9,916 | |||
Accumulated Depreciation | 2,019 | |||
Date of Construction | 1997 | |||
Date Acquired | 1-Jun-05 | |||
Montgomery-Richard [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery-Richard [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston-Oxford [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 470 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,902 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,648 | |||
Gross Amount at Which Carried at Close of Period, Land | 470 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,550 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,020 | |||
Accumulated Depreciation | 800 | |||
Date of Construction | 2002 | |||
Date Acquired | 23-Jun-05 | |||
Boston-Oxford [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston-Oxford [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-290E [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 537 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,183 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | -281 | |||
Gross Amount at Which Carried at Close of Period, Land | 491 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,948 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,439 | |||
Accumulated Depreciation | 545 | |||
Date of Construction | 2003 | |||
Date Acquired | 12-Jul-05 | |||
Austin-290E [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-290E [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
SanAntonio-Marbach [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 556 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,265 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 514 | |||
Gross Amount at Which Carried at Close of Period, Land | 556 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,779 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,335 | |||
Accumulated Depreciation | 689 | |||
Date of Construction | 2003 | |||
Date Acquired | 12-Jul-05 | |||
SanAntonio-Marbach [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
SanAntonio-Marbach [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-South 1st [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 754 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,065 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 219 | |||
Gross Amount at Which Carried at Close of Period, Land | 754 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,284 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,038 | |||
Accumulated Depreciation | 858 | |||
Date of Construction | 2003 | |||
Date Acquired | 12-Jul-05 | |||
Austin-South 1st [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-South 1st [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Pinehurst [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 484 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,977 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,519 | |||
Gross Amount at Which Carried at Close of Period, Land | 484 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,496 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,980 | |||
Accumulated Depreciation | 768 | |||
Date of Construction | 2002/04 | |||
Date Acquired | 12-Jul-05 | |||
Houston-Pinehurst [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Pinehurst [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta-Marietta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 811 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,397 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 548 | |||
Gross Amount at Which Carried at Close of Period, Land | 811 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,945 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,756 | |||
Accumulated Depreciation | 988 | |||
Date of Construction | 2003 | |||
Date Acquired | 15-Sep-05 | |||
Atlanta-Marietta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta-Marietta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Baton Rouge [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 719 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,927 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,536 | |||
Gross Amount at Which Carried at Close of Period, Land | 719 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,463 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,182 | |||
Accumulated Depreciation | 977 | |||
Date of Construction | 1984/94 | |||
Date Acquired | 15-Nov-05 | |||
Baton Rouge [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Baton Rouge [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Cypress [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 721 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,994 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,282 | |||
Gross Amount at Which Carried at Close of Period, Land | 721 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,276 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,997 | |||
Accumulated Depreciation | 1,008 | |||
Date of Construction | 2003 | |||
Date Acquired | 13-Jan-06 | |||
Houston-Cypress [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Cypress [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Marcos-Hwy 35S [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 628 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,532 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 595 | |||
Gross Amount at Which Carried at Close of Period, Land | 982 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,773 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,755 | |||
Accumulated Depreciation | 631 | |||
Date of Construction | 2001 | |||
Date Acquired | 10-Jan-06 | |||
San Marcos-Hwy 35S [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Marcos-Hwy 35S [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Baytown [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 596 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,411 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 285 | |||
Gross Amount at Which Carried at Close of Period, Land | 596 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,696 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,292 | |||
Accumulated Depreciation | 614 | |||
Date of Construction | 2002 | |||
Date Acquired | 10-Jan-06 | |||
Houston-Baytown [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Baytown [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Rochester [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 937 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,779 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 199 | |||
Gross Amount at Which Carried at Close of Period, Land | 937 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,978 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,915 | |||
Accumulated Depreciation | 916 | |||
Date of Construction | 2002/06 | |||
Date Acquired | 1-Feb-06 | |||
Rochester [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Rochester [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Jones Rd 2 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 707 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,933 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,756 | |||
Gross Amount at Which Carried at Close of Period, Land | 707 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,689 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,396 | |||
Accumulated Depreciation | 1,195 | |||
Date of Construction | 2000 | |||
Date Acquired | 9-Mar-06 | |||
Houston-Jones Rd 2 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Jones Rd 2 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 411 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,621 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 250 | |||
Gross Amount at Which Carried at Close of Period, Land | 411 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,871 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,282 | |||
Accumulated Depreciation | 469 | |||
Date of Construction | 1997 | |||
Date Acquired | 13-Apr-06 | |||
Lafayette [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 463 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,831 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 188 | |||
Gross Amount at Which Carried at Close of Period, Land | 463 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,019 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,482 | |||
Accumulated Depreciation | 465 | |||
Date of Construction | 2001/04 | |||
Date Acquired | 13-Apr-06 | |||
Lafayette [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 601 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,406 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,362 | |||
Gross Amount at Which Carried at Close of Period, Land | 601 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,768 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,369 | |||
Accumulated Depreciation | 839 | |||
Date of Construction | 2002 | |||
Date Acquired | 13-Apr-06 | |||
Lafayette [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 542 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,319 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,184 | |||
Gross Amount at Which Carried at Close of Period, Land | 542 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,503 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,045 | |||
Accumulated Depreciation | 711 | |||
Date of Construction | 1997/99 | |||
Date Acquired | 13-Apr-06 | |||
Lafayette [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Manchester [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 832 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,268 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 149 | |||
Gross Amount at Which Carried at Close of Period, Land | 832 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,417 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,249 | |||
Accumulated Depreciation | 785 | |||
Date of Construction | 2000 | |||
Date Acquired | 29-Jun-06 | |||
Manchester [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Manchester [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Nashua [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 617 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,422 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 564 | |||
Gross Amount at Which Carried at Close of Period, Land | 617 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,986 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,603 | |||
Accumulated Depreciation | 664 | |||
Date of Construction | 1989 | |||
Date Acquired | 29-Jun-06 | |||
Nashua [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Nashua [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater-Largo [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,270 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,037 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 233 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,270 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,270 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,540 | |||
Accumulated Depreciation | 1,188 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-Jun-06 | |||
Clearwater-Largo [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater-Largo [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater-Pinellas Park [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 929 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,676 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 304 | |||
Gross Amount at Which Carried at Close of Period, Land | 929 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,980 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,909 | |||
Accumulated Depreciation | 861 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Jun-06 | |||
Clearwater-Pinellas Park [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater-Pinellas Park [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater-Tarpon Spg. [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 696 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,739 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 172 | |||
Gross Amount at Which Carried at Close of Period, Land | 696 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,911 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,607 | |||
Accumulated Depreciation | 660 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Jun-06 | |||
Clearwater-Tarpon Spg. [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater-Tarpon Spg. [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
New Orleans [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,220 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,805 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 215 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,220 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,020 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,240 | |||
Accumulated Depreciation | 1,132 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Jun-06 | |||
New Orleans [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
New Orleans [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-Meramec [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,113 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,359 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 361 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,113 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,720 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,833 | |||
Accumulated Depreciation | 1,051 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-Meramec [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-Meramec [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-Charles Rock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 766 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,040 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,434 | |||
Gross Amount at Which Carried at Close of Period, Land | 766 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,474 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,240 | |||
Accumulated Depreciation | 752 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-Charles Rock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-Charles Rock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-Shackelford [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 828 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,290 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 199 | |||
Gross Amount at Which Carried at Close of Period, Land | 828 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,489 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,317 | |||
Accumulated Depreciation | 785 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-Shackelford [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-Shackelford [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-W.Washington [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 734 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,867 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 778 | |||
Gross Amount at Which Carried at Close of Period, Land | 734 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,645 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,379 | |||
Accumulated Depreciation | 857 | |||
Date of Construction | 1980/01 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-W.Washington [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-W.Washington [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-Howdershell [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 899 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,596 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 298 | |||
Gross Amount at Which Carried at Close of Period, Land | 899 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,894 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,793 | |||
Accumulated Depreciation | 861 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-Howdershell [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-Howdershell [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-Lemay Ferry [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 890 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,552 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 397 | |||
Gross Amount at Which Carried at Close of Period, Land | 890 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,949 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,839 | |||
Accumulated Depreciation | 864 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-Lemay Ferry [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-Lemay Ferry [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis-Manchester [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 697 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,711 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 157 | |||
Gross Amount at Which Carried at Close of Period, Land | 697 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,868 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,565 | |||
Accumulated Depreciation | 642 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Jun-06 | |||
St Louis-Manchester [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis-Manchester [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,256 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,946 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 377 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,256 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,323 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,579 | |||
Accumulated Depreciation | 1,169 | |||
Date of Construction | 1998/03 | |||
Date Acquired | 22-Jun-06 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 605 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,434 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 141 | |||
Gross Amount at Which Carried at Close of Period, Land | 605 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,575 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,180 | |||
Accumulated Depreciation | 567 | |||
Date of Construction | 2004 | |||
Date Acquired | 22-Jun-06 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 607 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,428 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 177 | |||
Gross Amount at Which Carried at Close of Period, Land | 607 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,605 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,212 | |||
Accumulated Depreciation | 579 | |||
Date of Construction | 2004 | |||
Date Acquired | 22-Jun-06 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,073 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,276 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 77 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,073 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,353 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,426 | |||
Accumulated Depreciation | 970 | |||
Date of Construction | 2003 | |||
Date Acquired | 22-Jun-06 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 549 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,180 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,153 | |||
Gross Amount at Which Carried at Close of Period, Land | 549 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,333 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,882 | |||
Accumulated Depreciation | 615 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-Jun-06 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 644 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,542 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 136 | |||
Gross Amount at Which Carried at Close of Period, Land | 644 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,678 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,322 | |||
Accumulated Depreciation | 594 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Jun-06 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio-Blanco [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 963 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,836 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 195 | |||
Gross Amount at Which Carried at Close of Period, Land | 963 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,031 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,994 | |||
Accumulated Depreciation | 908 | |||
Date of Construction | 2004 | |||
Date Acquired | 22-Jun-06 | |||
San Antonio-Blanco [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio-Blanco [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio-Broadway [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 773 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,060 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,932 | |||
Gross Amount at Which Carried at Close of Period, Land | 773 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,992 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,765 | |||
Accumulated Depreciation | 811 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Jun-06 | |||
San Antonio-Broadway [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio-Broadway [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio-Huebner [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,175 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,624 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 313 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,175 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,937 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,112 | |||
Accumulated Depreciation | 1,060 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-Jun-06 | |||
San Antonio-Huebner [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio-Huebner [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chattanooga-Lee Hwy II [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 619 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,471 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 141 | |||
Gross Amount at Which Carried at Close of Period, Land | 619 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,612 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,231 | |||
Accumulated Depreciation | 574 | |||
Date of Construction | 2002 | |||
Date Acquired | 7-Aug-06 | |||
Chattanooga-Lee Hwy II [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chattanooga-Lee Hwy II [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lafayette [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 699 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,784 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,993 | |||
Gross Amount at Which Carried at Close of Period, Land | 699 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,777 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,476 | |||
Accumulated Depreciation | 987 | |||
Date of Construction | 1995/99 | |||
Date Acquired | 1-Aug-06 | |||
Lafayette [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lafayette [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery-E.S.Blvd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,158 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,639 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 944 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,158 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,583 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,741 | |||
Accumulated Depreciation | 1,200 | |||
Date of Construction | 1996/97 | |||
Date Acquired | 28-Sep-06 | |||
Montgomery-E.S.Blvd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery-E.S.Blvd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Auburn-Pepperell Pkwy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 590 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,361 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 446 | |||
Gross Amount at Which Carried at Close of Period, Land | 590 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,807 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,397 | |||
Accumulated Depreciation | 584 | |||
Date of Construction | 1998 | |||
Date Acquired | 28-Sep-06 | |||
Auburn-Pepperell Pkwy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Auburn-Pepperell Pkwy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Auburn-Gatewood Dr [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 694 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,758 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 252 | |||
Gross Amount at Which Carried at Close of Period, Land | 694 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,010 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,704 | |||
Accumulated Depreciation | 632 | |||
Date of Construction | 2002/03 | |||
Date Acquired | 28-Sep-06 | |||
Auburn-Gatewood Dr [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Auburn-Gatewood Dr [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbus-Williams Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 736 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,905 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 239 | |||
Gross Amount at Which Carried at Close of Period, Land | 736 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,144 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,880 | |||
Accumulated Depreciation | 693 | |||
Date of Construction | 4/6/02 | |||
Date Acquired | 28-Sep-06 | |||
Columbus-Williams Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbus-Williams Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbus-Miller Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 975 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,854 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 1,290 | |||
Gross Amount at Which Carried at Close of Period, Land | 975 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,144 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,119 | |||
Accumulated Depreciation | 807 | |||
Date of Construction | 1995 | |||
Date Acquired | 28-Sep-06 | |||
Columbus-Miller Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbus-Miller Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbus-Armour Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 0 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,680 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 211 | |||
Gross Amount at Which Carried at Close of Period, Land | 0 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,891 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,891 | |||
Accumulated Depreciation | 835 | |||
Date of Construction | 2004/05 | |||
Date Acquired | 28-Sep-06 | |||
Columbus-Armour Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbus-Armour Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Columbus-Amber Dr [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 439 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,745 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 265 | |||
Gross Amount at Which Carried at Close of Period, Land | 439 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,010 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,449 | |||
Accumulated Depreciation | 427 | |||
Date of Construction | 1998 | |||
Date Acquired | 28-Sep-06 | |||
Columbus-Amber Dr [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Columbus-Amber Dr [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Concord [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 813 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,213 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,009 | |||
Gross Amount at Which Carried at Close of Period, Land | 813 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,222 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,035 | |||
Accumulated Depreciation | 1,007 | |||
Date of Construction | 2000 | |||
Date Acquired | 31-Oct-06 | |||
Concord [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Concord [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Langner Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 532 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,119 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,721 | |||
Gross Amount at Which Carried at Close of Period, Land | 532 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,840 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,372 | |||
Accumulated Depreciation | 641 | |||
Date of Construction | 1993/07 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Langner Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Langner Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Transit Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 437 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,794 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 669 | |||
Gross Amount at Which Carried at Close of Period, Land | 437 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,463 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,900 | |||
Accumulated Depreciation | 470 | |||
Date of Construction | 1998 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Transit Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Transit Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Lake Ave [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 638 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,531 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 614 | |||
Gross Amount at Which Carried at Close of Period, Land | 638 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,145 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,783 | |||
Accumulated Depreciation | 654 | |||
Date of Construction | 1997 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Lake Ave [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Lake Ave [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Union Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 348 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,344 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 280 | |||
Gross Amount at Which Carried at Close of Period, Land | 348 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,624 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,972 | |||
Accumulated Depreciation | 328 | |||
Date of Construction | 1998 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Union Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Union Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Niagara Falls Blvd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 323 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,331 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 147 | |||
Gross Amount at Which Carried at Close of Period, Land | 323 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,478 | |||
Gross Amount at Which Carried at Close of Period, Total | 1,801 | |||
Accumulated Depreciation | 308 | |||
Date of Construction | 1998 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Niagara Falls Blvd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Niagara Falls Blvd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Young St [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 315 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,185 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 998 | |||
Gross Amount at Which Carried at Close of Period, Land | 316 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,182 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,498 | |||
Accumulated Depreciation | 595 | |||
Date of Construction | 1999/00 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Young St [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Young St [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo-Sheridan Dr [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 961 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,827 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 2,480 | |||
Gross Amount at Which Carried at Close of Period, Land | 961 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,307 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,268 | |||
Accumulated Depreciation | 935 | |||
Date of Construction | 1999 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo-Sheridan Dr [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo-Sheridan Dr [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Buffalo Transit Rd One [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 375 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,498 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 344 | |||
Gross Amount at Which Carried at Close of Period, Land | 375 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,842 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,217 | |||
Accumulated Depreciation | 414 | |||
Date of Construction | 1990/95 | |||
Date Acquired | 30-Mar-07 | |||
Buffalo Transit Rd One [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Buffalo Transit Rd One [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Rochester-Phillips Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,003 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,002 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 123 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,003 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,125 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,128 | |||
Accumulated Depreciation | 824 | |||
Date of Construction | 1999 | |||
Date Acquired | 30-Mar-07 | |||
Rochester-Phillips Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Rochester-Phillips Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Greenville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,100 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,386 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 648 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,100 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,034 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,134 | |||
Accumulated Depreciation | 1,033 | |||
Date of Construction | 1994 | |||
Date Acquired | 11-Jan-07 | |||
Greenville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Greenville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 929 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,647 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 181 | |||
Gross Amount at Which Carried at Close of Period, Land | 930 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,827 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,757 | |||
Accumulated Depreciation | 795 | |||
Date of Construction | 2002/04 | |||
Date Acquired | 8-Mar-07 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,537 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,018 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 455 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,537 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,473 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,010 | |||
Accumulated Depreciation | 1,298 | |||
Date of Construction | 2003/06 | |||
Date Acquired | 8-Mar-07 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Huntsville-Memorial Pkwy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,607 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,338 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 982 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,677 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,250 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,927 | |||
Accumulated Depreciation | 1,352 | |||
Date of Construction | 1989/06 | |||
Date Acquired | 1-Jun-07 | |||
Huntsville-Memorial Pkwy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Huntsville-Memorial Pkwy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Huntsville-Madison 1 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,016 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,013 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 339 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,017 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,351 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,368 | |||
Accumulated Depreciation | 881 | |||
Date of Construction | 1993/07 | |||
Date Acquired | 1-Jun-07 | |||
Huntsville-Madison 1 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Huntsville-Madison 1 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Bilox-Gulfport [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,423 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,624 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 173 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,423 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,797 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,220 | |||
Accumulated Depreciation | 1,142 | |||
Date of Construction | 1998/05 | |||
Date Acquired | 1-Jun-07 | |||
Bilox-Gulfport [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Bilox-Gulfport [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Huntsville-Hwy 72 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,206 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,775 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 288 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,206 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,063 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,269 | |||
Accumulated Depreciation | 988 | |||
Date of Construction | 1998/06 | |||
Date Acquired | 1-Jun-07 | |||
Huntsville-Hwy 72 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Huntsville-Hwy 72 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Mobile-Airport Blvd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,216 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,819 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 334 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,216 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,153 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,369 | |||
Accumulated Depreciation | 1,043 | |||
Date of Construction | 2000/07 | |||
Date Acquired | 1-Jun-07 | |||
Mobile-Airport Blvd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Mobile-Airport Blvd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Bilox-Gulfport [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,345 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,325 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 62 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,301 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,431 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,732 | |||
Accumulated Depreciation | 1,054 | |||
Date of Construction | 2002/04 | |||
Date Acquired | 1-Jun-07 | |||
Bilox-Gulfport [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Bilox-Gulfport [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Huntsville-Madison 2 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,164 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,624 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 265 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,164 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,889 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,053 | |||
Accumulated Depreciation | 958 | |||
Date of Construction | 2002/06 | |||
Date Acquired | 1-Jun-07 | |||
Huntsville-Madison 2 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Huntsville-Madison 2 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Foley-Hwy 59 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,346 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,474 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 310 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,347 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,783 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,130 | |||
Accumulated Depreciation | 1,154 | |||
Date of Construction | 2003/06 | |||
Date Acquired | 1-Jun-07 | |||
Foley-Hwy 59 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Foley-Hwy 59 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola 6-Nine Mile [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,029 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,180 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 171 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,029 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,351 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,380 | |||
Accumulated Depreciation | 927 | |||
Date of Construction | 2003/06 | |||
Date Acquired | 1-Jun-07 | |||
Pensacola 6-Nine Mile [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola 6-Nine Mile [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Auburn-College St [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 686 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,732 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 200 | |||
Gross Amount at Which Carried at Close of Period, Land | 686 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,932 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,618 | |||
Accumulated Depreciation | 598 | |||
Date of Construction | 2003 | |||
Date Acquired | 1-Jun-07 | |||
Auburn-College St [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Auburn-College St [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Biloxi-Gulfport [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,811 | |||
Initial Cost to Company, Building, Equipment and Improvements | 7,152 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 112 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,811 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,264 | |||
Gross Amount at Which Carried at Close of Period, Total | 9,075 | |||
Accumulated Depreciation | 1,400 | |||
Date of Construction | 2004/06 | |||
Date Acquired | 1-Jun-07 | |||
Biloxi-Gulfport [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Biloxi-Gulfport [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola 7-Hwy 98 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 732 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,015 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 70 | |||
Gross Amount at Which Carried at Close of Period, Land | 732 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,085 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,817 | |||
Accumulated Depreciation | 645 | |||
Date of Construction | 2006 | |||
Date Acquired | 1-Jun-07 | |||
Pensacola 7-Hwy 98 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola 7-Hwy 98 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery-Arrowhead [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,075 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,333 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 196 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,076 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,528 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,604 | |||
Accumulated Depreciation | 884 | |||
Date of Construction | 2006 | |||
Date Acquired | 1-Jun-07 | |||
Montgomery-Arrowhead [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery-Arrowhead [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Montgomery-McLemore [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 885 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,586 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 155 | |||
Gross Amount at Which Carried at Close of Period, Land | 885 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,741 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,626 | |||
Accumulated Depreciation | 722 | |||
Date of Construction | 2006 | |||
Date Acquired | 1-Jun-07 | |||
Montgomery-McLemore [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Montgomery-McLemore [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio-Foster [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 676 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,685 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 357 | |||
Gross Amount at Which Carried at Close of Period, Land | 676 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,042 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,718 | |||
Accumulated Depreciation | 625 | |||
Date of Construction | 2003/06 | |||
Date Acquired | 21-May-07 | |||
San Antonio-Foster [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio-Foster [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Beaumont [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 742 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,024 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 189 | |||
Gross Amount at Which Carried at Close of Period, Land | 742 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,213 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,955 | |||
Accumulated Depreciation | 619 | |||
Date of Construction | 2002/05 | |||
Date Acquired | 14-Nov-07 | |||
Houston-Beaumont [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Beaumont [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hattiesburg-Clasic [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 444 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,799 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 163 | |||
Gross Amount at Which Carried at Close of Period, Land | 444 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,962 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,406 | |||
Accumulated Depreciation | 372 | |||
Date of Construction | 1998 | |||
Date Acquired | 19-Dec-07 | |||
Hattiesburg-Clasic [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hattiesburg-Clasic [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Biloxi-Ginger [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 384 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,548 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 103 | |||
Gross Amount at Which Carried at Close of Period, Land | 384 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,651 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,035 | |||
Accumulated Depreciation | 300 | |||
Date of Construction | 2000 | |||
Date Acquired | 19-Dec-07 | |||
Biloxi-Ginger [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Biloxi-Ginger [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Foley-7905 St Hwy 59 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 437 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,757 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 190 | |||
Gross Amount at Which Carried at Close of Period, Land | 437 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 1,947 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,384 | |||
Accumulated Depreciation | 344 | |||
Date of Construction | 2000 | |||
Date Acquired | 19-Dec-07 | |||
Foley-7905 St Hwy 59 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Foley-7905 St Hwy 59 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jackson-Ridgeland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,479 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,965 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 457 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,479 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,422 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,901 | |||
Accumulated Depreciation | 1,163 | |||
Date of Construction | 1997/00 | |||
Date Acquired | 17-Jan-08 | |||
Jackson-Ridgeland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jackson-Ridgeland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jackson-5111 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,337 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,377 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 143 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,337 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,520 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,857 | |||
Accumulated Depreciation | 990 | |||
Date of Construction | 2003 | |||
Date Acquired | 17-Jan-08 | |||
Jackson-5111 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jackson-5111 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Cincinnati-Robertson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 852 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,409 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 200 | |||
Gross Amount at Which Carried at Close of Period, Land | 852 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,609 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,461 | |||
Accumulated Depreciation | 564 | |||
Date of Construction | 2003/04 | |||
Date Acquired | 31-Dec-08 | |||
Cincinnati-Robertson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Cincinnati-Robertson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Richmond-Bridge Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,047 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,981 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 36 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,047 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,017 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,064 | |||
Accumulated Depreciation | 909 | |||
Date of Construction | 2009 | |||
Date Acquired | 1-Oct-09 | |||
Richmond-Bridge Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Richmond-Bridge Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 846 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,095 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 100 | |||
Gross Amount at Which Carried at Close of Period, Land | 846 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,195 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,041 | |||
Accumulated Depreciation | 445 | |||
Date of Construction | 2000 | |||
Date Acquired | 28-Dec-10 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte-Wallace [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 961 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,702 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 536 | |||
Gross Amount at Which Carried at Close of Period, Land | 961 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,238 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,199 | |||
Accumulated Depreciation | 412 | |||
Date of Construction | 2008 | |||
Date Acquired | 29-Dec-10 | |||
Charlotte-Wallace [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte-Wallace [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 574 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,975 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 103 | |||
Gross Amount at Which Carried at Close of Period, Land | 575 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,077 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,652 | |||
Accumulated Depreciation | 427 | |||
Date of Construction | 2008 | |||
Date Acquired | 29-Dec-10 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte- Westmoreland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 513 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,317 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 36 | |||
Gross Amount at Which Carried at Close of Period, Land | 513 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,353 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,866 | |||
Accumulated Depreciation | 552 | |||
Date of Construction | 2009 | |||
Date Acquired | 29-Dec-10 | |||
Charlotte- Westmoreland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte- Westmoreland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte-Matthews [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,129 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,767 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 84 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,129 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,851 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,980 | |||
Accumulated Depreciation | 514 | |||
Date of Construction | 2009 | |||
Date Acquired | 29-Dec-10 | |||
Charlotte-Matthews [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte-Matthews [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 381 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,575 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 46 | |||
Gross Amount at Which Carried at Close of Period, Land | 381 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,621 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,002 | |||
Accumulated Depreciation | 381 | |||
Date of Construction | 2008 | |||
Date Acquired | 29-Dec-10 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Charlotte-Zeb Morris [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 965 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,355 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 57 | |||
Gross Amount at Which Carried at Close of Period, Land | 965 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,412 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,377 | |||
Accumulated Depreciation | 358 | |||
Date of Construction | 2007 | |||
Date Acquired | 29-Dec-10 | |||
Charlotte-Zeb Morris [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Charlotte-Zeb Morris [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Fair Lawn-Wagaraw [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 796 | |||
Initial Cost to Company, Building, Equipment and Improvements | 9,467 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 78 | |||
Gross Amount at Which Carried at Close of Period, Land | 796 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 9,545 | |||
Gross Amount at Which Carried at Close of Period, Total | 10,341 | |||
Accumulated Depreciation | 881 | |||
Date of Construction | 1999 | |||
Date Acquired | 14-Jul-11 | |||
Fair Lawn-Wagaraw [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Fair Lawn-Wagaraw [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Elizabeth-Allen [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 885 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,073 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 487 | |||
Gross Amount at Which Carried at Close of Period, Land | 885 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,560 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,445 | |||
Accumulated Depreciation | 277 | |||
Date of Construction | 1988 | |||
Date Acquired | 14-Jul-11 | |||
Elizabeth-Allen [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Elizabeth-Allen [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Saint Louis-High Ridge [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 197 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,132 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 37 | |||
Gross Amount at Which Carried at Close of Period, Land | 197 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,169 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,366 | |||
Accumulated Depreciation | 237 | |||
Date of Construction | 2007 | |||
Date Acquired | 28-Jul-11 | |||
Saint Louis-High Ridge [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Saint Louis-High Ridge [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta-Decatur [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,043 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,252 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 67 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,043 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,319 | |||
Gross Amount at Which Carried at Close of Period, Total | 9,362 | |||
Accumulated Depreciation | 719 | |||
Date of Construction | 2006 | |||
Date Acquired | 17-Aug-11 | |||
Atlanta-Decatur [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta-Decatur [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Humble Two [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 825 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,201 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 323 | |||
Gross Amount at Which Carried at Close of Period, Land | 825 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,524 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,349 | |||
Accumulated Depreciation | 413 | |||
Date of Construction | 1993 | |||
Date Acquired | 22-Sep-11 | |||
Houston Humble Two [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Humble Two [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Dallas-Fort Worth [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 693 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,552 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 101 | |||
Gross Amount at Which Carried at Close of Period, Land | 693 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,653 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,346 | |||
Accumulated Depreciation | 337 | |||
Date of Construction | 2001 | |||
Date Acquired | 22-Sep-11 | |||
Dallas-Fort Worth [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Dallas-Fort Worth [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Hwy 6N [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,243 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,106 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 95 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,243 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,201 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,444 | |||
Accumulated Depreciation | 304 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Hwy 6N [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Hwy 6N [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Cedar Park 1998 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,559 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,727 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 64 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,559 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,791 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,350 | |||
Accumulated Depreciation | 270 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-Sep-11 | |||
Austin-Cedar Park 1998 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Cedar Park 1998 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston Katy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 691 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,435 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 126 | |||
Gross Amount at Which Carried at Close of Period, Land | 691 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,561 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,252 | |||
Accumulated Depreciation | 414 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Sep-11 | |||
Houston Katy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston Katy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Deer Park [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,012 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,312 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 164 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,012 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,476 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,488 | |||
Accumulated Depreciation | 309 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Deer Park [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Deer Park [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-W.Little York [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 575 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,557 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 135 | |||
Gross Amount at Which Carried at Close of Period, Land | 575 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,692 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,267 | |||
Accumulated Depreciation | 356 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-Sep-11 | |||
Houston-W.Little York [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-W.Little York [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Pasadena [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 705 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,223 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 146 | |||
Gross Amount at Which Carried at Close of Period, Land | 705 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,369 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,074 | |||
Accumulated Depreciation | 394 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Pasadena [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Pasadena [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Friendswood [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,168 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,315 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 164 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,168 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,479 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,647 | |||
Accumulated Depreciation | 239 | |||
Date of Construction | 1994 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Friendswood [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Friendswood [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Spring [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,152 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,027 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 275 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,152 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,302 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,454 | |||
Accumulated Depreciation | 314 | |||
Date of Construction | 1993 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Spring [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Spring [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-W.Sam Houston [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 402 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,602 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 187 | |||
Gross Amount at Which Carried at Close of Period, Land | 402 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,789 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,191 | |||
Accumulated Depreciation | 321 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Sep-11 | |||
Houston-W.Sam Houston [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-W.Sam Houston [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Pond Springs Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,653 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,947 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 223 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,653 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,170 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,823 | |||
Accumulated Depreciation | 448 | |||
Date of Construction | 1984 | |||
Date Acquired | 22-Sep-11 | |||
Austin-Pond Springs Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Pond Springs Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Spring [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,474 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,500 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 67 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,474 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,567 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,041 | |||
Accumulated Depreciation | 414 | |||
Date of Construction | 2006 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Spring [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Spring [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Round Rock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 177 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,223 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 91 | |||
Gross Amount at Which Carried at Close of Period, Land | 177 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,314 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,491 | |||
Accumulated Depreciation | 305 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Sep-11 | |||
Austin-Round Rock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Round Rock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Silverado Dr [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,438 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,583 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 123 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,438 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,706 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,144 | |||
Accumulated Depreciation | 418 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Silverado Dr [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Silverado Dr [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Sugarland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 272 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,236 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 162 | |||
Gross Amount at Which Carried at Close of Period, Land | 272 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,398 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,670 | |||
Accumulated Depreciation | 320 | |||
Date of Construction | 2001 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Sugarland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Sugarland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Westheimer Rd [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 536 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,687 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 142 | |||
Gross Amount at Which Carried at Close of Period, Land | 536 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,829 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,365 | |||
Accumulated Depreciation | 258 | |||
Date of Construction | 1997 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Westheimer Rd [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Westheimer Rd [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Wilcrest Dr [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,478 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,145 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 141 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,478 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,286 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,764 | |||
Accumulated Depreciation | 373 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Wilcrest Dr [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Wilcrest Dr [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Woodlands [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,315 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,142 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 195 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,315 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,337 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,652 | |||
Accumulated Depreciation | 535 | |||
Date of Construction | 1997 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Woodlands [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Woodlands [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Woodlands [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 3,189 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,974 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 147 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,189 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,121 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,310 | |||
Accumulated Depreciation | 348 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Woodlands [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Woodlands [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Katy Freeway [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,049 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,175 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 501 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,049 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,676 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,725 | |||
Accumulated Depreciation | 486 | |||
Date of Construction | 1999 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Katy Freeway [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Katy Freeway [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston-Webster [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrance | 2,127 | |||
Initial Cost to Company, Land | 2,054 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,138 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 368 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,054 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,506 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,560 | |||
Accumulated Depreciation | 229 | |||
Date of Construction | 1982 | |||
Date Acquired | 22-Sep-11 | |||
Houston-Webster [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston-Webster [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Newport News-Brick Kiln[Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,848 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,892 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 60 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,848 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,952 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,800 | |||
Accumulated Depreciation | 527 | |||
Date of Construction | 2004 | |||
Date Acquired | 29-Sep-11 | |||
Newport News-Brick Kiln[Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Newport News-Brick Kiln[Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Pensacola [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 197 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,281 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 158 | |||
Gross Amount at Which Carried at Close of Period, Land | 197 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,439 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,636 | |||
Accumulated Depreciation | 372 | |||
Date of Construction | 1996 | |||
Date Acquired | 15-Nov-11 | |||
Pensacola [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Pensacola [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Miami [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,960 | |||
Initial Cost to Company, Building, Equipment and Improvements | 12,077 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 91 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,960 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 12,168 | |||
Gross Amount at Which Carried at Close of Period, Total | 15,128 | |||
Accumulated Depreciation | 796 | |||
Date of Construction | 2005 | |||
Date Acquired | 16-May-12 | |||
Miami [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Miami [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Lake Forest [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,932 | |||
Initial Cost to Company, Building, Equipment and Improvements | 11,606 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 79 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,932 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 11,685 | |||
Gross Amount at Which Carried at Close of Period, Total | 13,617 | |||
Accumulated Depreciation | 770 | |||
Date of Construction | 1996/2004 | |||
Date Acquired | 6-Jun-12 | |||
Chicago - Lake Forest [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Lake Forest [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Schaumburg [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,940 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,880 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 205 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,940 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,085 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,025 | |||
Accumulated Depreciation | 346 | |||
Date of Construction | 1998 | |||
Date Acquired | 6-Jun-12 | |||
Chicago - Schaumburg [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Schaumburg [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Norfolk - East Little Creek [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 911 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,862 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 47 | |||
Gross Amount at Which Carried at Close of Period, Land | 911 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,909 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,820 | |||
Accumulated Depreciation | 393 | |||
Date of Construction | 2007 | |||
Date Acquired | 20-Jun-12 | |||
Norfolk - East Little Creek [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Norfolk - East Little Creek [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,560 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,766 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 53 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,560 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,819 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,379 | |||
Accumulated Depreciation | 443 | |||
Date of Construction | 2009 | |||
Date Acquired | 18-Jul-12 | |||
Atlanta [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville - Middleburg [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 664 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,719 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 26 | |||
Gross Amount at Which Carried at Close of Period, Land | 644 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,765 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,409 | |||
Accumulated Depreciation | 343 | |||
Date of Construction | 2008 | |||
Date Acquired | 18-Sep-12 | |||
Jacksonville - Middleburg [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville - Middleburg [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Jacksonville - Orange Park [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 772 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,882 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 66 | |||
Gross Amount at Which Carried at Close of Period, Land | 772 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,948 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,720 | |||
Accumulated Depreciation | 240 | |||
Date of Construction | 2007 | |||
Date Acquired | 18-Sep-12 | |||
Jacksonville - Orange Park [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Jacksonville - Orange Park [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Augustine [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 739 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,858 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 53 | |||
Gross Amount at Which Carried at Close of Period, Land | 739 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,911 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,650 | |||
Accumulated Depreciation | 242 | |||
Date of Construction | 2007 | |||
Date Acquired | 18-Sep-12 | |||
St. Augustine [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Augustine [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta - NE Expressway [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,384 | |||
Initial Cost to Company, Building, Equipment and Improvements | 9,266 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 46 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,384 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 9,312 | |||
Gross Amount at Which Carried at Close of Period, Total | 10,696 | |||
Accumulated Depreciation | 554 | |||
Date of Construction | 2009 | |||
Date Acquired | 18-Sep-12 | |||
Atlanta - NE Expressway [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta - NE Expressway [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta - Kennesaw [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 856 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,315 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 46 | |||
Gross Amount at Which Carried at Close of Period, Land | 856 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,361 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,217 | |||
Accumulated Depreciation | 263 | |||
Date of Construction | 2008 | |||
Date Acquired | 18-Sep-12 | |||
Atlanta - Kennesaw [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta - Kennesaw [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta - Lawrenceville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 855 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,838 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 76 | |||
Gross Amount at Which Carried at Close of Period, Land | 855 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,914 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,769 | |||
Accumulated Depreciation | 238 | |||
Date of Construction | 2007 | |||
Date Acquired | 18-Sep-12 | |||
Atlanta - Lawrenceville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta - Lawrenceville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta - Woodstock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,342 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,692 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 69 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,342 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,761 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,103 | |||
Accumulated Depreciation | 291 | |||
Date of Construction | 2009 | |||
Date Acquired | 18-Sep-12 | |||
Atlanta - Woodstock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta - Woodstock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Raleigh-Durham [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,337 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,901 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 115 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,337 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,016 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,353 | |||
Accumulated Depreciation | 299 | |||
Date of Construction | 2002 | |||
Date Acquired | 19-Sep-12 | |||
Raleigh-Durham [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Raleigh-Durham [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Lindenhurst [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,213 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,129 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 89 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,213 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,218 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,431 | |||
Accumulated Depreciation | 199 | |||
Date of Construction | 1999/2006 | |||
Date Acquired | 27-Sep-12 | |||
Chicago - Lindenhurst [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Lindenhurst [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Orland Park [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,050 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,894 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 81 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,050 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,975 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,025 | |||
Accumulated Depreciation | 331 | |||
Date of Construction | 2007 | |||
Date Acquired | 10-Dec-12 | |||
Chicago - Orland Park [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Orland Park [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Bradenton [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,501 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,775 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 38 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,501 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,813 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,314 | |||
Accumulated Depreciation | 199 | |||
Date of Construction | 1997 | |||
Date Acquired | 21-Dec-12 | |||
Bradenton [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Bradenton [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Ft. Myers - Cleveland Ave. [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 515 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,280 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 56 | |||
Gross Amount at Which Carried at Close of Period, Land | 515 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,336 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,851 | |||
Accumulated Depreciation | 126 | |||
Date of Construction | 1998 | |||
Date Acquired | 21-Dec-12 | |||
Ft. Myers - Cleveland Ave. [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Ft. Myers - Cleveland Ave. [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater - Drew St. [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,234 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,018 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 37 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,234 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,055 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,289 | |||
Accumulated Depreciation | 211 | |||
Date of Construction | 2000 | |||
Date Acquired | 21-Dec-12 | |||
Clearwater - Drew St. [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater - Drew St. [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Clearwater - North Myrtle [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,555 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,978 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 38 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,555 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,016 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,571 | |||
Accumulated Depreciation | 313 | |||
Date of Construction | 2000 | |||
Date Acquired | 21-Dec-12 | |||
Clearwater - North Myrtle [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Clearwater - North Myrtle [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Aurora [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 269 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,126 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 81 | |||
Gross Amount at Which Carried at Close of Period, Land | 269 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,207 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,476 | |||
Accumulated Depreciation | 166 | |||
Date of Construction | 2010 | |||
Date Acquired | 31-Dec-12 | |||
Chicago - Aurora [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Aurora [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Phoenix [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 910 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,656 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 73 | |||
Gross Amount at Which Carried at Close of Period, Land | 910 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,729 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,639 | |||
Accumulated Depreciation | 206 | |||
Date of Construction | 2008 | |||
Date Acquired | 18-Dec-12 | |||
Phoenix [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Phoenix [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - North Austin [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,593 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,029 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 144 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,593 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,173 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,766 | |||
Accumulated Depreciation | 272 | |||
Date of Construction | 2005 | |||
Date Acquired | 20-Dec-12 | |||
Chicago - North Austin [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - North Austin [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - North Western [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,718 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,466 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 295 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,718 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,761 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,479 | |||
Accumulated Depreciation | 339 | |||
Date of Construction | 2005 | |||
Date Acquired | 20-Dec-12 | |||
Chicago - North Western [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - North Western [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - West Pershing [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 395 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,226 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 68 | |||
Gross Amount at Which Carried at Close of Period, Land | 395 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,294 | |||
Gross Amount at Which Carried at Close of Period, Total | 3,689 | |||
Accumulated Depreciation | 168 | |||
Date of Construction | 2008 | |||
Date Acquired | 20-Dec-12 | |||
Chicago - West Pershing [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - West Pershing [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Cedar Park [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,246 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,740 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 54 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,246 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,794 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,040 | |||
Accumulated Depreciation | 306 | |||
Date of Construction | 2006 | |||
Date Acquired | 27-Dec-12 | |||
Austin-Cedar Park [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Cedar Park [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - North Broadway [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,373 | |||
Initial Cost to Company, Building, Equipment and Improvements | 9,869 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 24 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,373 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 9,893 | |||
Gross Amount at Which Carried at Close of Period, Total | 12,266 | |||
Accumulated Depreciation | 505 | |||
Date of Construction | 2011 | |||
Date Acquired | 20-Dec-12 | |||
Chicago - North Broadway [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - North Broadway [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Round Rock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 774 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,327 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 61 | |||
Gross Amount at Which Carried at Close of Period, Land | 774 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,388 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,162 | |||
Accumulated Depreciation | 177 | |||
Date of Construction | 2004 | |||
Date Acquired | 27-Dec-12 | |||
Austin-Round Rock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Round Rock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Round Rock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 632 | |||
Initial Cost to Company, Building, Equipment and Improvements | 1,985 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 54 | |||
Gross Amount at Which Carried at Close of Period, Land | 632 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,039 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,671 | |||
Accumulated Depreciation | 121 | |||
Date of Construction | 2007 | |||
Date Acquired | 27-Dec-12 | |||
Austin-Round Rock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Round Rock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio - Marbach [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 337 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,005 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 144 | |||
Gross Amount at Which Carried at Close of Period, Land | 337 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,149 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,486 | |||
Accumulated Depreciation | 112 | |||
Date of Construction | 2005 | |||
Date Acquired | 11-Feb-13 | |||
San Antonio - Marbach [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio - Marbach [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Long Island - Lindenhurst [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,122 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,735 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 102 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,122 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,837 | |||
Gross Amount at Which Carried at Close of Period, Total | 10,959 | |||
Accumulated Depreciation | 401 | |||
Date of Construction | 2002 | |||
Date Acquired | 22-Mar-13 | |||
Long Island - Lindenhurst [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Long Island - Lindenhurst [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Boston - Somerville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,553 | |||
Initial Cost to Company, Building, Equipment and Improvements | 7,186 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 62 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,553 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,248 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,801 | |||
Accumulated Depreciation | 328 | |||
Date of Construction | 2008 | |||
Date Acquired | 22-Mar-13 | |||
Boston - Somerville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Boston - Somerville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Long Island - Deer Park [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,096 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,276 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 90 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,096 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,366 | |||
Gross Amount at Which Carried at Close of Period, Total | 9,462 | |||
Accumulated Depreciation | 291 | |||
Date of Construction | 2009 | |||
Date Acquired | 29-Aug-13 | |||
Long Island - Deer Park [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Long Island - Deer Park [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Long Island - Amityville [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,224 | |||
Initial Cost to Company, Building, Equipment and Improvements | 10,102 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 69 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,224 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 10,171 | |||
Gross Amount at Which Carried at Close of Period, Total | 12,395 | |||
Accumulated Depreciation | 352 | |||
Date of Construction | 2009 | |||
Date Acquired | 29-Aug-13 | |||
Long Island - Amityville [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Long Island - Amityville [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Colorado Springs - Scarlet [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 629 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,201 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 135 | |||
Gross Amount at Which Carried at Close of Period, Land | 629 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,336 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,965 | |||
Accumulated Depreciation | 170 | |||
Date of Construction | 2006 | |||
Date Acquired | 30-Sep-13 | |||
Colorado Springs - Scarlet [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Colorado Springs - Scarlet [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Toms River - Route 37 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,843 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,544 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 92 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,843 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,636 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,479 | |||
Accumulated Depreciation | 185 | |||
Date of Construction | 2007 | |||
Date Acquired | 26-Nov-13 | |||
Toms River - Route 37 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Toms River - Route 37 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lake Worth - S Military [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 868 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,306 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 80 | |||
Gross Amount at Which Carried at Close of Period, Land | 868 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,386 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,254 | |||
Accumulated Depreciation | 151 | |||
Date of Construction | 2000 | |||
Date Acquired | 4-Dec-13 | |||
Lake Worth - S Military [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lake Worth - S Military [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Round Rock [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,547 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,226 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 33 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,547 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,259 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,806 | |||
Accumulated Depreciation | 145 | |||
Date of Construction | 2008 | |||
Date Acquired | 27-Dec-13 | |||
Austin-Round Rock [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Round Rock [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Hartford-Bristol [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,174 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,816 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 65 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,174 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,881 | |||
Gross Amount at Which Carried at Close of Period, Total | 10,055 | |||
Accumulated Depreciation | 225 | |||
Date of Construction | 2004 | |||
Date Acquired | 30-Dec-13 | |||
Hartford-Bristol [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Hartford-Bristol [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Piscataway - New Brunswick [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,639 | |||
Initial Cost to Company, Building, Equipment and Improvements | 10,946 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 52 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,639 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 10,998 | |||
Gross Amount at Which Carried at Close of Period, Total | 12,637 | |||
Accumulated Depreciation | 277 | |||
Date of Construction | 2006 | |||
Date Acquired | 30-Dec-13 | |||
Piscataway - New Brunswick [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Piscataway - New Brunswick [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Fort Lauderdale - 3rd Ave [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 7,629 | |||
Initial Cost to Company, Building, Equipment and Improvements | 11,918 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 159 | |||
Gross Amount at Which Carried at Close of Period, Land | 7,629 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 12,077 | |||
Gross Amount at Which Carried at Close of Period, Total | 19,706 | |||
Accumulated Depreciation | 307 | |||
Date of Construction | 1998 | |||
Date Acquired | 9-Jan-14 | |||
Fort Lauderdale - 3rd Ave [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Fort Lauderdale - 3rd Ave [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
West Palm - Mercer [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 15,680 | |||
Initial Cost to Company, Building, Equipment and Improvements | 17,520 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 396 | |||
Gross Amount at Which Carried at Close of Period, Land | 15,680 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 17,916 | |||
Gross Amount at Which Carried at Close of Period, Total | 33,596 | |||
Accumulated Depreciation | 461 | |||
Date of Construction | 2000 | |||
Date Acquired | 9-Jan-14 | |||
West Palm - Mercer [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
West Palm - Mercer [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin - Manchaca [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 3,999 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,297 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 592 | |||
Gross Amount at Which Carried at Close of Period, Land | 3,999 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,889 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,888 | |||
Accumulated Depreciation | 127 | |||
Date of Construction | 1998/2002 | |||
Date Acquired | 17-Jan-14 | |||
Austin - Manchaca [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin - Manchaca [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,235 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,269 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 317 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,235 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,586 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,821 | |||
Accumulated Depreciation | 162 | |||
Date of Construction | 2012 | |||
Date Acquired | 10-Feb-14 | |||
San Antonio [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Portland 2000 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,146 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,418 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 163 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,146 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,581 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,727 | |||
Accumulated Depreciation | 156 | |||
Date of Construction | 2000 | |||
Date Acquired | 11-Feb-14 | |||
Portland 2000 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Portland 2000 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Brunswick [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 493 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,234 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 66 | |||
Gross Amount at Which Carried at Close of Period, Land | 493 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,300 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,793 | |||
Accumulated Depreciation | 124 | |||
Date of Construction | 2006 | |||
Date Acquired | 11-Feb-14 | |||
Brunswick [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Brunswick [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - St. Charles [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,837 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,301 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 499 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,837 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,800 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,637 | |||
Accumulated Depreciation | 136 | |||
Date of Construction | 2004/2013 | |||
Date Acquired | 31-Mar-14 | |||
Chicago - St. Charles [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - St. Charles [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Ashland [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 598 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,789 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 127 | |||
Gross Amount at Which Carried at Close of Period, Land | 598 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,916 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,514 | |||
Accumulated Depreciation | 89 | |||
Date of Construction | 2014 | |||
Date Acquired | 5-May-14 | |||
Chicago - Ashland [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Ashland [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio - Walzem [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,000 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,749 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 411 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,000 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,160 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,160 | |||
Accumulated Depreciation | 82 | |||
Date of Construction | 1997 | |||
Date Acquired | 13-May-14 | |||
San Antonio - Walzem [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio - Walzem [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Louis - Woodson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,444 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,966 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 309 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,444 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,275 | |||
Gross Amount at Which Carried at Close of Period, Total | 8,719 | |||
Accumulated Depreciation | 95 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-May-14 | |||
St. Louis - Woodson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Louis - Woodson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Louis - Mexico [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 638 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,518 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 269 | |||
Gross Amount at Which Carried at Close of Period, Land | 638 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,787 | |||
Gross Amount at Which Carried at Close of Period, Total | 4,425 | |||
Accumulated Depreciation | 59 | |||
Date of Construction | 1998 | |||
Date Acquired | 22-May-14 | |||
St. Louis - Mexico [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Louis - Mexico [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Louis - Vogel [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,010 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,544 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 176 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,010 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,720 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,730 | |||
Accumulated Depreciation | 58 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-May-14 | |||
St. Louis - Vogel [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Louis - Vogel [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Louis - Pershall [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 292 | |||
Initial Cost to Company, Building, Equipment and Improvements | 325 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 81 | |||
Gross Amount at Which Carried at Close of Period, Land | 292 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 406 | |||
Gross Amount at Which Carried at Close of Period, Total | 698 | |||
Accumulated Depreciation | 8 | |||
Date of Construction | 1979 | |||
Date Acquired | 22-May-14 | |||
St. Louis - Pershall [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Louis - Pershall [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St Louis Manchester Nineteen Ninety Six [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 508 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,042 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 320 | |||
Gross Amount at Which Carried at Close of Period, Land | 508 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,362 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,870 | |||
Accumulated Depreciation | 35 | |||
Date of Construction | 1996 | |||
Date Acquired | 22-May-14 | |||
St Louis Manchester Nineteen Ninety Six [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St Louis Manchester Nineteen Ninety Six [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Louis - North Highway [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,989 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,045 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 286 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,989 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,331 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,320 | |||
Accumulated Depreciation | 68 | |||
Date of Construction | 1997 | |||
Date Acquired | 22-May-14 | |||
St. Louis - North Highway [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Louis - North Highway [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Louis - Dunn [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,538 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,510 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 271 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,538 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,781 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,319 | |||
Accumulated Depreciation | 74 | |||
Date of Construction | 2000 | |||
Date Acquired | 22-May-14 | |||
St. Louis - Dunn [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Louis - Dunn [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Trenton [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 5,161 | |||
Initial Cost to Company, Building, Equipment and Improvements | 7,063 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 289 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,161 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,352 | |||
Gross Amount at Which Carried at Close of Period, Total | 12,513 | |||
Accumulated Depreciation | 120 | |||
Date of Construction | 1980 | |||
Date Acquired | 5-Jun-14 | |||
Trenton [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Trenton [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Fishkill [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,741 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,006 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 104 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,741 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,110 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,851 | |||
Accumulated Depreciation | 96 | |||
Date of Construction | 2005 | |||
Date Acquired | 11-Jun-14 | |||
Fishkill [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Fishkill [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Atlanta - Peachtree [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,263 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,931 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 391 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,263 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,322 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,585 | |||
Accumulated Depreciation | 91 | |||
Date of Construction | 2007 | |||
Date Acquired | 12-Jun-14 | |||
Atlanta - Peachtree [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Atlanta - Peachtree [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Paterson [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 0 | |||
Initial Cost to Company, Building, Equipment and Improvements | 2,292 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 115 | |||
Gross Amount at Which Carried at Close of Period, Land | 0 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 2,407 | |||
Gross Amount at Which Carried at Close of Period, Total | 2,407 | |||
Accumulated Depreciation | 92 | |||
Date of Construction | 2000 | |||
Date Acquired | 12-Jun-14 | |||
Paterson [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Paterson [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Asbury Park - 1st Ave [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 819 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,734 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 121 | |||
Gross Amount at Which Carried at Close of Period, Land | 819 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,855 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,674 | |||
Accumulated Depreciation | 63 | |||
Date of Construction | 2003 | |||
Date Acquired | 18-Jun-14 | |||
Asbury Park - 1st Ave [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Asbury Park - 1st Ave [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Farmingdale - Tinton Falls [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,097 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,618 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 197 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,097 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,815 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,912 | |||
Accumulated Depreciation | 75 | |||
Date of Construction | 2004 | |||
Date Acquired | 18-Jun-14 | |||
Farmingdale - Tinton Falls [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Farmingdale - Tinton Falls [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Lakewood - Route 70 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 626 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,549 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 135 | |||
Gross Amount at Which Carried at Close of Period, Land | 626 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,684 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,310 | |||
Accumulated Depreciation | 60 | |||
Date of Construction | 2003 | |||
Date Acquired | 18-Jun-14 | |||
Lakewood - Route 70 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Lakewood - Route 70 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Matawan [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,512 | |||
Initial Cost to Company, Building, Equipment and Improvements | 9,707 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 235 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,512 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 9,942 | |||
Gross Amount at Which Carried at Close of Period, Total | 11,454 | |||
Accumulated Depreciation | 127 | |||
Date of Construction | 2005 | |||
Date Acquired | 10-Jul-14 | |||
Matawan [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Matawan [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
St. Petersburg - Gandy [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,958 | |||
Initial Cost to Company, Building, Equipment and Improvements | 6,904 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 170 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,958 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 7,074 | |||
Gross Amount at Which Carried at Close of Period, Total | 10,032 | |||
Accumulated Depreciation | 61 | |||
Date of Construction | 2007 | |||
Date Acquired | 28-Aug-14 | |||
St. Petersburg - Gandy [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
St. Petersburg - Gandy [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chesapeake - Campostella [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,349 | |||
Initial Cost to Company, Building, Equipment and Improvements | 3,875 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 98 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,349 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 3,973 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,322 | |||
Accumulated Depreciation | 37 | |||
Date of Construction | 2000 | |||
Date Acquired | 5-Sep-14 | |||
Chesapeake - Campostella [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chesapeake - Campostella [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
San Antonio- Castle Hills [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 2,658 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,190 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 219 | |||
Gross Amount at Which Carried at Close of Period, Land | 2,658 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,409 | |||
Gross Amount at Which Carried at Close of Period, Total | 11,067 | |||
Accumulated Depreciation | 71 | |||
Date of Construction | 2002 | |||
Date Acquired | 10-Sep-14 | |||
San Antonio- Castle Hills [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
San Antonio- Castle Hills [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chattanooga - Broad St [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 759 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,608 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 173 | |||
Gross Amount at Which Carried at Close of Period, Land | 759 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,781 | |||
Gross Amount at Which Carried at Close of Period, Total | 6,540 | |||
Accumulated Depreciation | 38 | |||
Date of Construction | 2014 | |||
Date Acquired | 18-Sep-14 | |||
Chattanooga - Broad St [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chattanooga - Broad St [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
New Orleans - Kenner [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 5,771 | |||
Initial Cost to Company, Building, Equipment and Improvements | 10,375 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 346 | |||
Gross Amount at Which Carried at Close of Period, Land | 5,771 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 10,721 | |||
Gross Amount at Which Carried at Close of Period, Total | 16,492 | |||
Accumulated Depreciation | 70 | |||
Date of Construction | 2008 | |||
Date Acquired | 10-Oct-14 | |||
New Orleans - Kenner [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
New Orleans - Kenner [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Orlando - Celebration [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 6,091 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,641 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 335 | |||
Gross Amount at Which Carried at Close of Period, Land | 6,091 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 4,976 | |||
Gross Amount at Which Carried at Close of Period, Total | 11,067 | |||
Accumulated Depreciation | 22 | |||
Date of Construction | 2006 | |||
Date Acquired | 21-Oct-14 | |||
Orlando - Celebration [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Orlando - Celebration [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Austin-Cedar Park 2003 [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 4,196 | |||
Initial Cost to Company, Building, Equipment and Improvements | 8,374 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 349 | |||
Gross Amount at Which Carried at Close of Period, Land | 4,196 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 8,723 | |||
Gross Amount at Which Carried at Close of Period, Total | 12,919 | |||
Accumulated Depreciation | 38 | |||
Date of Construction | 2003 | |||
Date Acquired | 28-Oct-14 | |||
Austin-Cedar Park 2003 [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Austin-Cedar Park 2003 [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Chicago - Pulaski [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 889 | |||
Initial Cost to Company, Building, Equipment and Improvements | 4,700 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 301 | |||
Gross Amount at Which Carried at Close of Period, Land | 889 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 5,001 | |||
Gross Amount at Which Carried at Close of Period, Total | 5,890 | |||
Accumulated Depreciation | 21 | |||
Date of Construction | 2014 | |||
Date Acquired | 14-Nov-14 | |||
Chicago - Pulaski [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Chicago - Pulaski [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Houston - Gessner [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 1,599 | |||
Initial Cost to Company, Building, Equipment and Improvements | 5,813 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 385 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,599 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 6,198 | |||
Gross Amount at Which Carried at Close of Period, Total | 7,797 | |||
Accumulated Depreciation | 0 | |||
Date of Construction | 2006 | |||
Date Acquired | 18-Dec-14 | |||
Houston - Gessner [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Houston - Gessner [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years | |||
Corporate Office [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Initial Cost to Company, Land | 0 | |||
Initial Cost to Company, Building, Equipment and Improvements | 68 | |||
Cost Capitalized Subsequent to Acquisition, Building, Equipment and Improvements | 24,783 | |||
Gross Amount at Which Carried at Close of Period, Land | 1,633 | |||
Gross Amount at Which Carried at Close of Period, Building, Equipment and Improvements | 23,218 | |||
Gross Amount at Which Carried at Close of Period, Total | 24,851 | |||
Accumulated Depreciation | $13,468 | |||
Date of Construction | 2000 | |||
Date Acquired | 1-May-00 | |||
Corporate Office [Member] | Minimum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 5 years | |||
Corporate Office [Member] | Maximum [Member] | ||||
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] | ||||
Life on which depreciation in latest income statement is computed | 40 years |
Schedule_III_Combined_Real_Est2
Schedule III Combined Real Estate and Accumulated Depreciation - Cost and Accumulated Depreciation (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
Cost: | |||
Balance at beginning of period | $1,864,637 | $1,742,354 | $1,525,283 |
Acquisitions through foreclosure | 0 | 0 | 0 |
Other acquisitions | 286,691 | 93,376 | 185,431 |
Improvements, etc. | 35,097 | 33,811 | 36,238 |
Additions during period other acquisitions, improvements, total | 321,788 | 127,187 | 221,669 |
Cost of assets disposed | -8,442 | -4,904 | -4,598 |
Impairment write-down | 0 | 0 | 0 |
Casualty loss | 0 | 0 | 0 |
Deductions during period | -8,442 | -4,904 | -4,598 |
Balance at close of period | 2,177,983 | 1,864,637 | 1,742,354 |
Accumulated Depreciation: | |||
Balance at beginning of period | 366,472 | 324,963 | 289,082 |
Depreciation expense | 47,656 | 41,929 | 37,226 |
Additions during period depreciation expense, total | 47,656 | 41,929 | 37,226 |
Accumulated depreciation of assets disposed | -2,427 | -420 | -1,345 |
Accumulated depreciation on impaired asset | 0 | 0 | 0 |
Accumulated depreciation on casualty loss | 0 | 0 | 0 |
Deductions during period | -2,427 | -420 | -1,345 |
Balance at close of period | $411,701 | $366,472 | $324,963 |