Diversified Healthcare Trust (DHC) 10-K 24 Feb 22 2021 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2021	Feb. 21, 2022	Jun. 30, 2021
Entity Information
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	1-15319
Entity Registrant Name	DIVERSIFIED HEALTHCARE TRUST
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	04-3445278
Entity Address, Street	Two Newton Place, 255 Washington Street, Suite 300
Entity Address, City	Newton
Entity Address, State	MA
Entity Address, Postal Zip Code	02458-1634
City Area Code	617
Local Phone Number	796-8350
Title of 12(b) Security	Common Shares of Beneficial Interest
Trading Symbol	DHC
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Smaller Reporting Company	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 1
Entity Common Stock, Shares Outstanding (in shares)		238,994,894
Documents Incorporated by Reference	Certain information required by Items 10, 11, 12, 13 and 14 of Part III of this Annual Report on Form 10-K is incorporated by reference to our definitive Proxy Statement for the 2022 Annual Meeting of Shareholders, to be filed with the Securities and Exchange Commission within 120 days after the fiscal year ended December 31, 2021.
Entity Central Index Key	0001075415
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Senior Notes Due 2042
Entity Information
Title of 12(b) Security	5.625% Senior Notes due 2042
Trading Symbol	DHCNI
Security Exchange Name	NASDAQ
Senior Notes Due 2046
Entity Information
Title of 12(b) Security	6.25% Senior Notes due 2046
Trading Symbol	DHCNL
Security Exchange Name	NASDAQ

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2019
Audit Information [Abstract]
Auditor Name	Deloitte & Touche LLP	Ernst & Young LLP
Auditor Firm ID	34	42
Auditor Location	Boston, Massachusetts	Boston, Massachusetts

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Real estate properties:
Land		$ 741,501	$ 789,125
Buildings and improvements		6,072,055	6,621,605
Total real estate properties, gross		6,813,556	7,410,730
Accumulated depreciation		(1,737,807)	(1,694,901)
Total real estate properties, net		5,075,749	5,715,829
Investment in unconsolidated joint venture		215,127	0
Assets of properties held for sale		0	112,437
Cash and cash equivalents		634,848	74,417
Restricted cash	[1]	382,097	16,432
Investments in equity securities		31,540	73,772
Acquired real estate leases and other intangible assets, net		48,746	286,513
Other assets, net		235,407	197,024
Total assets		6,623,514	6,476,424
LIABILITIES AND SHAREHOLDERS' EQUITY
Revolving credit facility		800,000	0
Term loan, net		0	199,049
Senior unsecured notes, net		2,806,811	2,608,189
Secured debt and finance leases, net		69,713	691,573
Liabilities of properties held for sale		0	3,525
Accrued interest		29,845	23,772
Due to affiliates		8,270	24,547
Assumed real estate lease obligations, net		2,556	67,830
Other liabilities		243,929	238,717
Total liabilities		3,961,124	3,857,202
Commitments and contingencies
Equity attributable to common shareholders:
Common shares of beneficial interest, $.01 par value: 300,000,000 shares authorized, 238,994,894 and 238,268,478 shares issued and outstanding, respectively		2,390	2,383
Additional paid in capital		4,615,475	4,613,904
Cumulative net income		2,087,624	1,913,109
Cumulative distributions		(4,043,099)	(4,033,559)
Total equity attributable to common shareholders		2,662,390	2,495,837
Noncontrolling interest:
Total equity attributable to noncontrolling interest		0	123,385
Total equity		2,662,390	2,619,222
Total liabilities and equity		$ 6,623,514	$ 6,476,424
[1]	As of December 31, 2021, restricted cash consists of proceeds from the sale of an interest in the joint venture that owns a life science property located in Boston, Massachusetts held as collateral pursuant to the agreement governing our revolving credit facility, or our credit agreement. We may use these funds to pay for approved expenditures in accordance with our credit agreement. Effective as of the date of the sale, we deconsolidated this joint venture. Prior to the deconsolidation, restricted cash consisted primarily of cash held for the operations of this joint venture. Restricted cash also consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common shares, par value (in dollars per share)	$ 0.01	$ 0.01
Common shares, shares authorized (in shares)	300,000,000	300,000,000
Common shares, shares issued (in shares)	238,994,894	238,268,478
Common shares, shares outstanding (in shares)	238,994,894	238,268,478

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues:
Revenue	$ 1,383,212	$ 1,632,026	$ 1,040,155
Gains and losses on equity securities, net	(42,232)	34,106	(41,898)
Expenses:
Property operating expenses	1,091,812	1,236,357	489,070
Depreciation and amortization	271,131	270,147	289,025
General and administrative	34,087	30,593	37,028
Acquisition and certain other transaction related costs	17,506	814	13,102
Impairment of assets	(174)	106,972	115,201
Total expenses	1,414,362	1,644,883	943,426
Gain on sale of properties	492,272	6,487	39,696
Dividend income	0	0	1,846
Gains and losses on equity securities, net	(42,232)	34,106	(41,898)
Interest and other income	20,635	18,221	941
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $13,408, $8,022 and $6,032, respectively)	(255,759)	(201,483)	(180,112)
Gain on lease termination	0	22,896	0
Loss on early extinguishment of debt	(2,410)	(427)	(44)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee	181,356	(133,057)	(82,842)
Income tax expense	(1,430)	(1,250)	(436)
Equity in earnings of an investee	0	0	400
Net income (loss)	179,926	(134,307)	(82,878)
Net income attributable to noncontrolling interest	(5,411)	(5,146)	(5,356)
Net income (loss) attributable to common shareholders	174,515	(139,453)	(88,234)
Other comprehensive income:
Amounts reclassified from cumulative other comprehensive income to net income	0	0	175
Equity in unrealized gain of an investee	0	0	91
Other comprehensive income	0	0	266
Comprehensive income (loss)	179,926	(134,307)	(82,612)
Comprehensive income attributable to noncontrolling interest	(5,411)	(5,146)	(5,356)
Comprehensive income (loss) attributable to common shareholders	$ 174,515	$ (139,453)	$ (87,968)
Weighted average shares used in computing earnings per common share:
Weighted average common shares outstanding (basic) (in shares)	237,967	237,739	237,604
Weighted average common shares outstanding (diluted) (in shares)	237,967	237,739	237,604
Per common share amounts (basic and diluted)
Net loss attributable to common shareholders - basic (in dollars per share)	$ 0.73	$ (0.59)	$ (0.37)
Net loss attributable to common shareholders - diluted (in dollars per share)	$ 0.73	$ (0.59)	$ (0.37)
Rental income
Revenues:
Revenue	$ 408,589	$ 427,215	$ 606,558
Residents fees and services
Revenues:
Revenue	$ 974,623	$ 1,204,811	$ 433,597

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Net amortization of debt premiums, discounts and issuance costs	$ 13,408	$ 8,022	$ 6,032

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	ShareholdersALR	Total Equity Attributable to Common Shareholders	Total Equity Attributable to Common ShareholdersShareholdersALR	Common Shares	Additional Paid In Capital	Cumulative Net Income	Cumulative Other Comprehensive Income (Loss)	Cumulative Distributions	Cumulative DistributionsShareholdersALR	Total Equity Attributable to Noncontrolling Interest
Balance at Dec. 31, 2018	$ 3,179,870		$ 3,023,112		$ 2,377	$ 4,611,419	$ 2,140,796	$ (266)	$ (3,731,214)		$ 156,758
Balance (in shares) at Dec. 31, 2018					237,729,900
Increase (Decrease) in Shareholders' Equity
Net income (loss)	(82,878)		(88,234)				(88,234)				5,356
Amounts reclassified from cumulative other comprehensive income to net income	175		175					175
Other comprehensive income (loss)	91		91					91
Distributions	(199,719)		(199,719)						(199,719)
Share grants	1,393		1,393		$ 2	1,391
Share grants (in shares)					202,500
Share repurchases	(293)		(293)			(293)
Share repurchases (in shares)					(31,747)
Share forfeitures	(6)		(6)			(6)
Share forfeitures (in shares)					(3,490)
Distributions to noncontrolling interest	(21,583)										(21,583)
Balance (in shares) at Dec. 31, 2019					237,897,163
Balance at Dec. 31, 2019	2,877,050		2,736,519		$ 2,379	4,612,511	2,052,562	0	(3,930,933)		140,531
Increase (Decrease) in Shareholders' Equity
Net income (loss)	(134,307)		(139,453)				(139,453)				5,146
Amounts reclassified from cumulative other comprehensive income to net income	0
Other comprehensive income (loss)	0
Distributions	(42,825)	$ (59,801)	(42,825)	$ (59,801)					(42,825)	$ (59,801)
Share grants	1,574		1,574		$ 4	1,570
Share grants (in shares)					420,000
Share repurchases	(171)		(171)			(171)
Share repurchases (in shares)					(47,375)
Share forfeitures	(6)		(6)			(6)
Share forfeitures (in shares)					(1,310)
Distributions to noncontrolling interest	$ (22,292)										(22,292)
Balance (in shares) at Dec. 31, 2020	238,268,478				238,268,478
Balance at Dec. 31, 2020	$ 2,619,222		2,495,837		$ 2,383	4,613,904	1,913,109	0	(4,033,559)		123,385
Increase (Decrease) in Shareholders' Equity
Net income (loss)	179,926		174,515				174,515				5,411
Amounts reclassified from cumulative other comprehensive income to net income	0
Other comprehensive income (loss)	0
Distributions	(9,540)		(9,540)						(9,540)
Share grants	1,964		1,964		$ 8	1,956
Share grants (in shares)					838,000
Share repurchases	(383)		(383)		$ (1)	(382)
Share repurchases (in shares)					(109,384)
Share forfeitures	(3)		(3)			(3)
Share forfeitures (in shares)					(2,200)
Distributions to noncontrolling interest	(22,348)										(22,348)
Sale of interest in joint venture	$ (106,448)										(106,448)
Balance (in shares) at Dec. 31, 2021	238,994,894				238,994,894
Balance at Dec. 31, 2021	$ 2,662,390		$ 2,662,390		$ 2,390	$ 4,615,475	$ 2,087,624	$ 0	$ (4,043,099)		$ 0

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 179,926	$ (134,307)	$ (82,878)
Adjustments to reconcile net income (loss) to cash (used in) provided by operating activities:
Depreciation and amortization	271,131	270,147	289,025
Net amortization of debt premiums, discounts and issuance costs	13,408	8,022	6,032
Straight line rental income	(5,846)	(6,069)	(4,508)
Amortization of acquired real estate leases	(7,211)	(7,405)	(6,791)
Loss on early extinguishment of debt	2,410	51	44
Gain on lease termination	0	(22,896)	0
Impairment of assets	(174)	106,972	115,201
Gain on sale of properties	(492,272)	(6,487)	(39,696)
Gains and losses on equity securities, net	42,232	(34,106)	41,898
Other non-cash adjustments, net	(1,811)	(2,203)	(3,771)
Equity in earnings of an investee	0	0	(400)
Distribution of earnings from Affiliates Insurance Company	0	0	2,574
Change in assets and liabilities:
Deferred leasing costs, net	(20,701)	(7,672)	(8,625)
Other assets	(51,201)	(27,858)	12,267
Accrued interest	7,654	(305)	(2,105)
Other liabilities	(868)	22,660	(52,422)
Net cash (used in) provided by operating activities	(63,323)	158,544	265,845
CASH FLOWS FROM INVESTING ACTIVITIES:
Real estate acquisitions and deposits	0	(2,526)	(50,636)
Real estate improvements	(227,605)	(185,585)	(222,417)
Proceeds from sale of properties, net	103,257	147,388	254,241
Proceeds from sale of interest in joint venture, net	367,033	0	0
Proceeds from sale of RMR Inc. common shares, net	0	0	98,557
Distributions in excess of earnings from Affiliates Insurance Company	11	287	6,426
Net cash provided by (used in) investing activities	242,696	(40,436)	86,171
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of senior unsecured notes, net	492,500	985,000	0
Proceeds from borrowings on revolving credit facility	800,000	430,500	994,500
Repayments of borrowings on revolving credit facility	0	(968,000)	(596,000)
Repayment of senior unsecured notes	(300,000)	(200,000)	(400,000)
Repayment of term loan	(200,000)	(250,000)	(100,000)
Repayment of other debt	(3,159)	(5,941)	(46,345)
Loss on early extinguishment of debt settled in cash	0	(376)	0
Payment of debt issuance costs	(10,347)	(5,378)	(417)
Repurchase of common shares	(383)	(171)	(299)
Distributions to noncontrolling interest	(22,348)	(22,292)	(21,583)
Distributions to shareholders	(9,540)	(42,825)	(199,719)
Net cash provided by (used in) financing activities	746,723	(79,483)	(369,863)
Increase (decrease) in cash and cash equivalents and restricted cash	926,096	38,625	(17,847)
Cash and cash equivalents and restricted cash at end of period	1,016,945	90,849	52,224
Cash and cash equivalents and restricted cash at beginning of period	$ 90,849	$ 52,224	$ 70,071

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS - Supplemental (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$ 235,994	$ 195,599	$ 177,308
Income taxes paid	2,798	399	452
Decrease in assets and liabilities resulting from the deconsolidation of an investment that was previously consolidated:
Real estate, net	(686,320)	0	0
Mortgage notes, net	618,452	0	0
Real estate improvements accrued, not paid	20,031	18,097	14,111
Capitalized interest	1,297	1,833	1,124
Joint venture | ALR
Decrease in assets and liabilities resulting from the deconsolidation of an investment that was previously consolidated:
Restructuring transaction additional consideration	0	(75,000)	0
ALR
Decrease in assets and liabilities resulting from the deconsolidation of an investment that was previously consolidated:
AlerisLife Inc. common stock	0	97,896	0
NON-CASH FINANCING ACTIVITIES:
Distribution to common shareholders of the right to receive AlerisLife Inc. common stock	$ 0	$ (59,801)	$ 0

CONSOLIDATED STATEMENTS OF CA_3

CONSOLIDATED STATEMENTS OF CASH FLOWS - Cash and Restricted Cash (Parenthetical) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Cash Flows [Abstract]
Cash and cash equivalents		$ 634,848	$ 74,417	$ 37,357
Restricted cash	[1]	382,097	16,432	14,867
Total cash and cash equivalents and restricted cash shown in our consolidated statements of cash flows		$ 1,016,945	$ 90,849	$ 52,224	$ 70,071
[1]	As of December 31, 2021, restricted cash consists of proceeds from the sale of an interest in the joint venture that owns a life science property located in Boston, Massachusetts held as collateral pursuant to the agreement governing our revolving credit facility, or our credit agreement. We may use these funds to pay for approved expenditures in accordance with our credit agreement. Effective as of the date of the sale, we deconsolidated this joint venture. Prior to the deconsolidation, restricted cash consisted primarily of cash held for the operations of this joint venture. Restricted cash also consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties.

Organization

Organization	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Diversified Healthcare Trust is a real estate investment trust, or REIT, organized under Maryland law, which owns medical office and life science properties, senior living communities and other healthcare related properties throughout the United States. As of December 31, 2021, we wholly owned 390 properties located in 36 states and Washington, D.C. On that date, the gross book value of our real estate assets was $6,813,556. As of December 31, 2021, we also owned a 20% equity interest in an unconsolidated joint venture that owns a life science property located in Boston, Massachusetts with approximately 1.1 million rentable square feet that was 100% leased with an average (by annualized rental revenues) remaining lease term of 7.0 years.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies BASIS OF PRESENTATION. Our consolidated financial statements include the accounts of Diversified Healthcare Trust, we, us or our, and our subsidiaries, all of which are 100% owned directly or indirectly by us. All intercompany transactions and balances with or among our consolidated subsidiaries have been eliminated. Accounting principles generally accepted in the United States, or GAAP, require us to make estimates and assumptions that may affect the amounts reported in these financial statements and related notes. The actual results could differ from these estimates. REAL ESTATE PROPERTIES. We record properties at our cost and calculate depreciation on real estate investments on a straight line basis over estimated useful lives generally up to 40 years. We allocate the purchase prices of our properties to land, building and improvements based on determinations of the fair values of these assets assuming the properties are vacant. We determine the fair value of each property using methods similar to those used by independent appraisers, which may involve estimated cash flows that are based on a number of factors, including capitalization rates and discount rates, among others. In some circumstances, we engage independent real estate appraisal firms to provide market information and evaluations which are relevant to our purchase price allocations and determinations of depreciable useful lives; however, we are ultimately responsible for the purchase price allocations and determinations of useful lives. We allocate a portion of the purchase price to above market and below market leases based on the present value (using an interest rate which reflects the risks associated with acquired in place leases at the time each property was acquired by us) of the difference, if any, between (i) the contractual amounts to be paid pursuant to the acquired in place leases and (ii) our estimates of fair market lease rates for the corresponding leases, measured over a period equal to the terms of the respective leases. The terms of below market leases that include bargain renewal options, if any, are further adjusted if we determine that renewal is probable. We allocate a portion of the purchase price to acquired in place leases and tenant relationships based upon market estimates to lease up the property based on the leases in place at the time of purchase. In making these allocations, we consider factors such as estimated carrying costs during the expected lease up periods, including real estate taxes, insurance and other operating income and expenses and costs, such as leasing commissions, legal and other related expenses, to execute similar leases in current market conditions at the time a property was acquired by us. We allocate this aggregate value between acquired in place lease values and tenant relationships based on our evaluation of the specific characteristics of each tenant's lease. However, we have not separated the value of tenant relationships from the value of acquired in place leases because such value and related amortization expense is immaterial to our consolidated financial statements. If the value of tenant relationships becomes material in the future, we may separately allocate those amounts and amortize the allocated amount over the estimated life of the relationships. We amortize capitalized above market lease values (included in acquired real estate leases and other intangible assets, net in our consolidated balance sheets) as a reduction to rental income over the remaining non-cancelable terms of the respective leases. We amortize capitalized below market lease values (presented as assumed real estate lease obligations in our consolidated balance sheets) as an increase to rental income over the non-cancelable periods of the respective leases. For the years ended December 31, 2021, 2020 and 2019, such amortization resulted in a net increase in rental income of $7,211, $7,405 and $6,791, respectively. We amortize the value of in place leases exclusive of the value of above market and below market in place leases to expense over the remaining non-cancelable periods of the respective leases. During the years ended December 31, 2021, 2020 and 2019, such amortization included in depreciation totaled $42,783, $48,669 and $64,203, respectively. If a lease is terminated prior to its stated expiration, the unamortized amount relating to that lease is written off. As of December 31, 2021 and 2020, our acquired real estate leases and assumed real estate lease obligations, excluding properties held for sale, were as follows: December 31, 2021 2020 Acquired real estate leases: Capitalized above market lease values (1) $ 8,092 $ 12,304 Less: accumulated amortization (6,268) (9,236) Capitalized above market lease values, net 1,824 3,068 Lease origination value 123,682 551,141 Less: accumulated amortization (76,760) (267,696) Lease origination value, net 46,922 283,445 Acquired real estate leases and other intangible assets, net $ 48,746 $ 286,513 Assumed real estate lease obligations: Capitalized below market lease values $ 6,141 $ 128,991 Less: accumulated amortization (3,585) (61,161) Assumed real estate lease obligations, net $ 2,556 $ 67,830 (1) Acquired real estate leases and other related intangible assets decreased due to our sale of a 35% equity interest from our then remaining 55% equity interest in the joint venture which owns a life science property located in Boston, Massachusetts to another third party global institutional investor. As a result of this sale, we deconsolidated the net assets of this joint venture. As of December 31, 2021, the weighted average amortization periods for capitalized above market lease values, lease origination value and capitalized below market lease values were 3.7 years, 5.3 years and 6.9 years, respectively. Future amortization of net intangible acquired real estate lease assets and liabilities to be recognized over the current terms of the associated leases as of December 31, 2021 are estimated to be $12,095 in 2022, $11,326 in 2023, $8,030 in 2024, $4,869 in 2025, $3,267 in 2026 and $6,603 thereafter. CASH AND CASH EQUIVALENTS. We consider highly liquid investments with original maturities of three months or less at the date of purchase to be cash equivalents. RESTRICTED CASH. Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties and amounts held as collateral pursuant to our credit agreement. INVESTMENTS IN EQUITY SECURITIES. We previously owned 2,637,408 shares of class A common stock of The RMR Group Inc., or RMR Inc., that we sold on July 1, 2019. Prior to July 1, 2019, our equity securities were recorded at fair value based on their quoted market price at the end of each reporting period. We classify the common shares we own of AlerisLife Inc. (f/k/a Five Star Senior Living Inc.), or AlerisLife, as an equity method investment. This equity method investment is included in investments of equity securities in our consolidated balance sheets. On April 1, 2019, we and Five Star Senior Living, or Five Star, which is an operating division of AlerisLife, entered into a transaction agreement, or the Transaction Agreement, to restructure our business arrangements with Five Star effective January 1, 2020, or the 2020 Restructuring Transaction. At December 31, 2019, we owned 423,500 AlerisLife common shares after giving effect to the one-for-ten reverse stock split effected by AlerisLife with respect to its common shares on September 30, 2019. Pursuant to the 2020 Restructuring Transaction, on January 1, 2020, AlerisLife issued 10,268,158 common shares to us. The fair value and initial cost basis of the AlerisLife common shares issued to us on January 1, 2020 was $38,095. At December 31, 2021, we owned 10,691,658 AlerisLife common shares. At December 31, 2021 and 2020, our investment in AlerisLife had a fair value of $31,540 and $73,772, respectively, including an unrealized loss of $42,232 and unrealized gain of $34,106, respectively. Based on the terms of the Transaction Agreement, including the issuance of additional AlerisLife shares to us, we concluded that we have significant influence over AlerisLife and therefor account for our investment in AlerisLife as an equity method investment starting January 1, 2020. We have elected the fair value option for our investment in AlerisLife. We continue to present our investment in AlerisLife in Investments in equity securities in our consolidated balance sheets due to the comparable accounting treatment of the shares we owned in AlerisLife as of December 31, 2021 and 2020. See Notes 6 and 8 for further information regarding our investment in AlerisLife and former investment in RMR Inc. EQUITY METHOD INVESTMENTS. As of December 31, 2021, we owned a 20% equity interest in an unconsolidated joint venture which owns a life science property located in Boston, Massachusetts. The property owned by this joint venture is encumbered by an aggregate $620,000 of mortgage debts. We do not control the activities that are most significant to this joint venture and, as a result, we account for our investment in this joint venture under the equity method of accounting under the fair value option. See Notes 3, 10 and 11 for more information regarding this joint venture. We account for our investment in Affiliates Insurance Company, or AIC, until AIC was dissolved as described in Note 8, using the equity method of accounting. Significant influence was present through common representation on our Board of Trustees and the board of directors of AIC until February 13, 2020. The Chair of our Board of Trustees and one of our Managing Trustees, Adam D. Portnoy, as the sole trustee of ABP Trust, is the controlling shareholder of RMR Inc. He is also a managing director and an executive officer of RMR Inc. Substantially all of the business of RMR Inc. is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR LLC, which is our manager and provided management and administrative services to AIC. Most of our Trustees were directors of AIC. See Note 8 for more information about our investment in AIC. As previously discussed, we also account for our investment in AlerisLife as an equity method investment under the fair value option. DEBT ISSUANCE COSTS. Debt issuance costs include issuance or assumption costs related to borrowings and we amortize those costs as interest expense over the terms of the respective loans. Debt issuance costs for our revolving credit facility totaled $27,383 and $19,332 at December 31, 2021 and 2020, respectively, and accumulated amortization of debt issuance costs totaled $22,899 and $16,201 at December 31, 2021 and 2020, respectively, and are included in other assets in our consolidated balance sheets. Debt issuance costs for our previously existing term loans, senior notes, and mortgage notes payable totaled $53,649 and $53,496 at December 31, 2021 and 2020, respectively, and accumulated amortization of debt issuance costs totaled $15,800 and $15,589, respectively, and are presented in our consolidated balance sheet as a direct deduction from the associated debt liability. Future amortization of debt issuance costs to be recognized with respect to our loans as of December 31, 2021 are estimated to be $9,974 in 2022, $5,832 in 2023, $5,521 in 2024, $3,556 in 2025, $1,956 in 2026 and $15,494 thereafter. DEFERRED LEASING COSTS. Deferred leasing costs include capitalized brokerage and other fees associated with the successful negotiation of leases, which are amortized to depreciation and amortization expense on a straight line basis over the terms of the respective leases. Deferred leasing costs are included in other assets in our consolidated balance sheets. Deferred leasing costs totaled $64,255 and $44,506 at December 31, 2021 and 2020, respectively, and accumulated amortization of deferred leasing costs totaled $17,074 and $15,605 at December 31, 2021 and 2020, respectively. At December 31, 2021, the remaining weighted average amortization period is approximately 8.7 years. Future amortization of deferred leasing costs to be recognized during the current terms of our existing leases as of December 31, 2021, are estimated to be $7,168 in 2022, $6,502 in 2023, $5,903 in 2024, $5,397 in 2025, $4,732 in 2026 and $17,479 thereafter. REVENUE RECOGNITION. We are a lessor of medical office and life science properties, senior living communities and other healthcare related properties. Our leases provide our tenants with the contractual right to use and economically benefit from all of the premises demised under the leases; therefore, we have determined to evaluate our leases as lease arrangements. For leases where we are the lessee, we recognize a right of use asset and a lease liability equal to the present value of the minimum lease payments with rental payments being applied to the lease liability and the right of use asset being amortized over the term of the lease. The right of use asset and related lease liability are included within other assets, net and other liabilities, respectively, within our consolidated balance sheets. In addition, we lease equipment at certain of our managed senior living communities. These leases are short term in nature, are cancelable with no fee or do not result in an annual expense in excess of our capitalization policy and, as a result, will not be recorded on our consolidated balance sheets. Certain of our leases provide for base rent payments and in addition may include variable payments. Rental income from operating leases, including any payments derived by index or market based indices, is recognized on a straight line basis over the lease term when we have determined that the collectability of substantially all of the lease payments is probable. Some of our leases have options to extend or terminate the lease exercisable at the option of our tenants, which are considered when determining the lease term. We do not include in our measurement of our lease receivables certain variable payments, including changes in the index or market based indices after the inception of the lease, certain tenant reimbursements and other income until the specific events that trigger the variable payments have occurred. Certain of our leases contain non-lease components, such as property level operating expenses and capital expenditures reimbursed by our tenants as well as other required lease payments. We have determined that all of our leases qualify for the practical expedient to not separate the lease and non-lease components because (i) the lease components are operating leases and (ii) the timing and pattern of recognition of the non-lease components are the same as those of the lease components. We apply Codification Topic 842, Leases, to the combined component. Income derived by our leases is recorded in rental income in our consolidated statements of comprehensive income (loss). Certain tenants are obligated to pay directly their obligations under their leases for insurance, real estate taxes and certain other expenses. These obligations, which have been assumed by the tenants under the terms of their respective leases, are not reflected in our consolidated financial statements. To the extent any tenant responsible for any such obligations under the applicable lease defaults on such lease or if it is deemed probable that the tenant will fail to pay for such obligations, we would record a liability for such obligations. For the years ended December 31, 2021, 2020 and 2019, we recognized the rental income from our operating leases on a straight line basis over the term of each lease agreement. We recognized percentage rents when realizable and earned, which was generally during the fourth quarter of the year. For the years ended December 31, 2021, 2020 and 2019, percentage rents earned aggregated $1,993, $2,144 and $2,958, respectively. As of December 31, 2021, we owned 235 senior living communities that are managed by third party managers for our account. We derive our revenues at these managed senior living communities primarily from services our managers provide to residents on our behalf and we record revenues when the services are provided. We use the TRS structure authorized by the REIT Investment Diversification and Empowerment Act for all of our managed senior living communities. Under the Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, the U.S. Department of Health and Human Services, or HHS, established a Provider Relief Fund. Retention and use of the funds received under the CARES Act are subject to certain terms and conditions. The terms and conditions require that the funds be utilized to compensate for lost revenues that are attributable to the COVID-19 pandemic and for eligible costs to prevent, prepare for and respond to the COVID-19 pandemic that are not covered by other sources. Further, fund recipients are required to be participating in Medicare at the time of distribution and are subject to certain other terms and conditions, including quarterly reporting requirements. In addition, fund recipients are required to have billed Medicare during 2019 and to continue to provide care after January 31, 2020 for diagnosis, testing or care for individuals with possible or actual COVID-19 cases. Any funds not used in accordance with the terms and conditions must be returned to HHS. We recognize income from government grants on a systematic and rational basis over the period in which we recognize the related expenses or loss of revenues for which the grants are intended to compensate when there is reasonable assurance that we will comply with the applicable terms and conditions of the grant and there is reasonable assurance that the grant will be received. During the years ended December 31, 2021 and 2020, we received $20,800 and $19,961, respectively, in funds from the Provider Relief Fund to be used to support the operations of our managed senior living communities; we have currently determined that $19,554 and $17,485 of such funds meet the required terms and conditions. We have recognized $19,554 and $17,485 as other income in our consolidated statements of comprehensive income (loss) with respect to our senior housing operating portfolio, or SHOP, segment for the years ended December 31, 2021 and 2020, respectively. As of December 31, 2021 and 2020, we had not recognized $3,722 and $2,476, respectively, of funds from the Provider Relief Fund and included these amounts in other liabilities in our consolidated balance sheets. We currently expect to return the remaining $3,722 of such funds to HHS in 2022 unless and to the extent we determine that such funds meet the required terms and conditions. We have applied for additional funds that may be available under the CARES Act Provider Relief Fund; however, we may not receive any additional funding. PER COMMON SHARE AMOUNTS. We calculate basic earnings per common share by dividing net income (loss) by the weighted average number of our common shares of beneficial interest, $.01 par value, or our common shares, outstanding during the period. We calculate diluted earnings per common share using the more dilutive of the two class method or the treasury stock method. Unvested share awards and other potentially dilutive common shares and the related impact on earnings, are considered when calculating diluted earnings per share. INCOME TAXES. We have elected to be taxed as a REIT under the United States Internal Revenue Code of 1986, as amended, and as such are generally not subject to federal and most state income taxation on our operating income provided we distribute our taxable income to our shareholders and meet certain organization and operating requirements. We do, however, lease our managed senior living communities to our wholly owned TRSs that, unlike most of our subsidiaries, file a separate consolidated federal corporate income tax return and are subject to federal and state income taxes. Our consolidated income tax provision includes the income tax provision related to the operations of our TRSs and certain state income taxes we incur despite our taxation as a REIT. The Income Taxes Topic of the Codification prescribes how we should recognize, measure and present in our financial statements uncertain tax positions that have been taken or are expected to be taken in a tax return. Tax benefits are recognized to the extent that it is “more likely than not” that a particular tax position will be sustained upon examination or audit. To the extent the “more likely than not” standard has been satisfied, the benefit associated with a tax position is measured as the largest amount that has a greater than 50% likelihood of being realized upon settlement. We classify interest and penalties related to uncertain tax positions, if any, in our financial statements as a component of general and administrative expense. SEGMENT REPORTING. As of December 31, 2021, we operate in, and report financial information for, the following two segments: our portfolio of medical office and life science properties, or our Office Portfolio, and SHOP. We aggregate each of these two reporting segments based on their similar operating and economic characteristics. See Note 12 for further information regarding our reportable operating segments. NEW ACCOUNTING PRONOUNCEMENTS. In June 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which requires that entities use a new forward-looking “expected loss” model that generally will result in the earlier recognition of allowance for credit losses. The measurement of expected credit losses is based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. We adopted this standard on January 1, 2020 using the modified retrospective approach. The implementation of this standard did not have a material impact on our consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , or ASU No. 2021-08, which requires that an acquirer account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. The acquiring entity shall recognize and measure the acquired contract assets and contract liabilities consistent with how they were recognized and measured in the acquiree’s financial statements, rather than at fair value at the acquisition date. ASU No. 2021-08 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. On October 1, 2021, we early adopted ASU No. 2021-08. The adoption of ASU No. 2021-08 did not have an impact on our consolidated financial statements. In November 2021, the FASB issued ASU No. 2021-10, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance , or ASU No. 2021-10, which requires business entities to disclose government assistance accounted for by applying a grant or contribution model by analogy. ASU No. 2021-10 states that an entity shall disclose the nature of the transactions, the related accounting policies used, the effect of the transactions on an entity's financial statements and significant terms and conditions of the transactions. ASU No. 2021-10 is effective for annual periods beginning after December 15, 2021, with early adoption permitted. On November 17, 2021, we early adopted ASU No. 2021-10. The adoption of ASU No. 2021-10 did not have a material impact on our consolidated financial statements.

Real Estate Investments

Real Estate Investments	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
Real Estate Investments	Real Estate Investments Our real estate properties, excluding those classified as held for sale, if any, consisted of land of $741,501 and buildings and improvements of $6,072,055 as of December 31, 2021, and land of $789,125 and buildings and improvements of $6,621,605 as of December 31, 2020. Accumulated depreciation was $1,587,573 and $150,234 for buildings and improvements, respectively, as of December 31, 2021; and $1,561,751 and $133,150 for buildings and improvements, respectively, as of December 31, 2020. Our portfolio as of December 31, 2021 includes: 116 medical office and life science properties with approximately 9.8 million rentable square feet; 264 senior living communities, including independent living (including active adult), assisted living, memory care and skilled nursing facilities, or SNFs, with 27,672 living units; and 10 wellness centers with approximately 812,000 square feet of interior space plus outdoor developed facilities. We have accounted for our 2019 acquisitions as acquisitions of assets. We funded these acquisitions using cash on hand and borrowings under our revolving credit facility, unless otherwise noted. Joint Venture Activities: As of December 31, 2021, we had an equity investment in a joint venture as follows: Joint Venture DHC Ownership DHC Carrying Value of Investment at December 31, 2021 Number of Properties Location Square Feet Seaport Innovation LLC 20% $ 215,127 1 Massachusetts 1,134,479 The following table provides a summary of the mortgage debts of this joint venture: Joint Venture Coupon Rate Maturity Date Principal Balance at December 31, 2021 (1) Mortgage Notes Payable (secured by one property in Massachusetts) 3.53% 8/6/2026 $ 620,000 (1) Amounts are not adjusted for our minority interest. We no longer include this $620,000 of secured debt financing in our consolidated balance sheet following the deconsolidation in December 2021 of the net assets of our joint venture which owns a life science property located in Boston, Massachusetts; however, DHC continues to provide certain guaranties on this debt. In March 2017, we entered into a joint venture arrangement with an institutional investor for one of our life science properties located in Boston, Massachusetts. The investor owned a 45% equity interest in the joint venture, and we owned the remaining 55% equity interest in the joint venture. We determined that, while we owned a 55% equity interest in this joint venture, this joint venture was a variable interest entity, or VIE, as defined under the Consolidation Topic of the FASB Codification. We concluded that we must consolidate this VIE, and we did so, until we sold an additional 35% equity interest in the joint venture in December 2021. We reached this determination because we were the entity with the power to direct the activities that most significantly impacted the VIE's economic performance and we had the obligation to absorb losses of, and the right to receive benefits from, the VIE that could be significant to the VIE, and therefore were the primary beneficiary of the VIE. The assets of this VIE were $970,142 as of December 31, 2020 and consisted primarily of the net real estate owned by the joint venture. The liabilities of this VIE were $697,129 as of December 31, 2020 and consisted primarily of mortgage debts secured by the property. The joint venture investor's interest in this consolidated entity was reflected as noncontrolling interest in our consolidated financial statements. In December 2021, we sold an additional 35% equity interest from our then remaining 55% equity interest in the joint venture which owns a life science property located in Boston, Massachusetts to another third party global institutional investor for $373,847, which includes certain costs associated with the formation of this joint venture. We deconsolidated the net assets of this joint venture and recognized a net gain on sale of $461,434 on this transaction, which is included in gain on sale of properties in our consolidated statements of comprehensive income (loss). After giving effect to the sale, we continue to own a 20% equity interest in this joint venture, but have determined that we are no longer the primary beneficiary. Effective as of the date of the sale, we deconsolidated this joint venture and we now account for this joint venture using the equity method of accounting under the fair value option. Our investment amount was based on a property valuation of $1,700,000, less $620,000 of existing mortgage debts on the property that this joint venture assumed. Pursuant to our credit agreement, the net cash proceeds to us from this transaction will be held as restricted cash. See Note 10 for more information regarding the use of the equity method for this joint venture. In January 2022, we entered into a joint venture for 10 medical office and life science properties we owned with two unrelated third party global institutional investors for aggregate proceeds, before closing costs and other adjustments, of approximately $653,300. The investors acquired a 41% and 39% equity interest in the joint venture for an investment of approximately $100,800 and $95,900, respectively, and we retained a 20% equity interest in the joint venture. The investment amounts are based upon a property valuation of approximately $702,500, less approximately $456,600 of secured debt on the properties incurred by this joint venture. Acquisitions: The table below represents the purchase price allocations (including net closing adjustments) of acquisitions for the years ended December 31, 2021, 2020 and 2019: Date Location Type of Property Number of Properties Number of Units Cash Paid plus Assumed Debt (1) Land Buildings FF&E Acquired Acquired Assumed Premium on Acquisitions during the year ended December 31, 2021: We did not acquire any properties during the year ended December 31, 2021. Acquisitions during the year ended December 31, 2020: We did not acquire any properties during the year ended December 31, 2020. Acquisitions during the year ended December 31, 2019: December 2019 Texas IL 1 169 $ 50,506 $ 3,463 $ 44,189 $ 652 $ 2,202 $ — $ — $ — (1) Cash paid plus assumed debt, if any, includes closing costs. In January 2020, we acquired a vacant land parcel adjacent to a life science property we own located in Tempe, Arizona for $2,600, excluding acquisition costs. Impairment: We regularly evaluate our assets for indicators of impairment. Impairment indicators may include declining tenant or resident occupancy, weak or declining profitability from the property, decreasing tenant cash flows or liquidity, our decision to dispose of an asset before the end of its estimated useful life, and legislative, market or industry changes that could permanently reduce the value of an asset. If indicators of impairment are present, we evaluate the carrying value of the affected assets by comparing it to the expected future cash flows to be generated from those assets. The future cash flows are subjective and are based in part on assumptions regarding hold periods, market rents and terminal capitalization rates. If the sum of these expected future cash flows is less than the carrying value, we reduce the net carrying value of the asset to its estimated fair value. During 2021, we recorded a reversal of impairment charges of $174 related to the estimated costs to sell 10 senior living communities that were classified as held for sale in our consolidated balance sheet as of December 31, 2020 and changed the status of those communities from held for sale to held and used as of March 31, 2021. These impairment charges, in aggregate, are included in impairment of assets in our consolidated statements of comprehensive income (loss). During 2020, we recorded impairment charges of $98,414 to adjust the carrying values of 28 senior living communities to their aggregate estimated fair value. These 28 senior living communities included nine senior living communities which we sold in 2020, seven senior living communities which we closed in 2020 and 10 senior living communities which were classified as held for sale in our consolidated balance sheet as of December 31, 2020. During 2020, we also recorded impairment charges of $8,558 to adjust the carrying value of seven medical office properties to their estimated fair value. We sold four of these medical office properties in 2020. One of these medical office properties was classified as held for sale in our consolidated balance sheet as of December 31, 2020 and sold in February 2021. These impairment charges, in aggregate, are included in impairment of assets in our consolidated statements of comprehensive income (loss). During 2019, we recorded impairment charges of $72,166 to adjust the carrying values of 25 senior living communities to their aggregate estimated fair value. These 25 senior living communities included 15 SNFs which we sold in September 2019 and eight senior living communities which we sold in 2020. Two of these 25 senior living communities were classified as held for sale in our consolidated balance sheet as of December 31, 2019. During 2019, we also recorded impairment charges of $43,035 to adjust the carrying value of 20 medical office properties and one life science property to their estimated fair value. We sold five of these medical office properties, along with the life science property, in 2019. The remaining 15 medical office properties were classified as held for sale in our consolidated balance sheet as of December 31, 2019. In 2020, we sold 10 of these 15 medical office properties classified as held for sale. These impairment charges, in aggregate, are included in impairment of assets in our consolidated statements of comprehensive income (loss). Dispositions: During the years ended December 31, 2021, 2020 and 2019, we sold five, 27, and 46 properties, respectively, for aggregate sales prices of $104,500, $152,893, and $260,783, respectively, excluding closing costs, as presented in the table below. The sales of these properties do not represent significant dispositions, individually or in the aggregate, and we do not believe these sales represent a strategic shift in our business. As a result, the results of operations for these properties are included in continuing operations through the date of sale of such properties in our consolidated statements of comprehensive income (loss). Date of Sale Location Type of Property Number of Properties Square Feet or Number of Units Sales Price (1) Gain (loss) on Sale Dispositions during the year ended December 31, 2021: February 2021 Pennsylvania Medical Office 1 92,000 sq. ft. $ 9,000 $ (122) April 2021 Florida Life Science / Medical Office 4 263,656 sq. ft. 95,500 30,760 5 $ 104,500 $ 30,638 Dispositions during the year ended December 31, 2020: January 2020 Louisiana Medical Office 6 40,575 sq. ft. $ 5,925 $ (81) February 2020 Pennsylvania Medical Office 1 50,000 sq. ft. 2,900 — March 2020 Texas Medical Office 1 70,229 sq. ft. 8,779 2,863 April 2020 (2) California IL / AL 3 599 units 47,000 (256) June 2020 South Carolina Medical Office 1 49,242 sq. ft. 3,550 — July 2020 Texas Medical Office 1 6,849 sq. ft. 2,072 (30) July 2020 Connecticut Medical Office 1 32,162 sq. ft. 625 (25) August 2020 (2) Mississippi AL 2 116 units 2,500 (42) September 2020 Mississippi Medical Office 1 78,747 sq. ft. 7,250 (114) October 2020 Various AL 3 239 units 46,000 4,292 November 2020 (2) Nebraska AL 1 131 units 3,000 (26) December 2020 New York Medical Office 1 64,060 sq. ft. 3,875 (273) December 2020 Ohio Life Science 2 232,016 sq. ft. 7,917 257 December 2020 (2) Wisconsin SNF / AL 3 537 units 11,500 (303) 27 $ 152,893 $ 6,262 Dispositions during the year ended December 31, 2019: February 2019 Florida Life Science 1 60,396 sq. ft. $ 2,900 $ (69) March 2019 Massachusetts Medical Office 1 4,400 sq. ft. 75 (58) May 2019 (2) California SNF 3 278 units 21,500 15,207 May 2019 Colorado Medical Office 1 15,647 sq. ft. 2,590 1,029 June 2019 Massachusetts Medical Office 7 164,121 sq. ft. 8,042 1,590 July 2019 Massachusetts Medical Office 3 103,484 sq. ft. 4,955 2,332 August 2019 Massachusetts Medical Office 1 49,357 sq. ft. 2,221 812 September 2019 (2) Various SNF 15 964 units 8,000 — September 2019 Massachusetts Medical Office 1 41,065 sq. ft. 2,750 1,044 October 2019 South Dakota SNF / IL 3 245 units 10,500 6,661 October 2019 New Jersey Life Science 1 205,439 sq. ft. 47,500 — December 2019 Georgia Medical Office 1 95,010 sq. ft. 14,000 (63) December 2019 Washington IL 1 150 units 32,500 7,618 December 2019 Various AL 7 566 units 103,250 3,593 46 $ 260,783 $ 39,696 (1) Sales price excludes closing costs. (2) These senior living communities were previously operated by Five Star. During the year ended December 31, 2021, we recognized a gain of $200 related to the sales of skilled nursing bed licenses at certain of our senior living communities. During the year ended December 31, 2020, we recognized a gain of $225 related to the sale of bed licenses at one of our senior living communities. We classify all properties as held for sale in our consolidated balance sheets that meet the applicable criteria for that treatment as set forth in the Property, Plant and Equipment Topic of the Codification. As of December 31, 2021, we had no properties classified as held for sale. As of December 31, 2020, we had 10 senior living communities with 820 units and five medical office and life science properties with 355,656 square feet classified as held for sale. As of December 31, 2019, we had 21 medical office and life science properties with 875,617 square feet and 12 senior living communities with 1,670 units classified as held for sale. Investments and Capital Expenditures: Under our previously existing leases with Five Star, Five Star could request that we purchase certain improvements to the leased communities. Pursuant to the Transaction Agreement, the $111,603 of improvements to communities leased to Five Star, including $49,155 of fixed assets and improvements that were purchased pursuant to the Transaction Agreement, that we funded during the year ended December 31, 2019 did not result in increased rent payable by Five Star. See Note 6 for further information regarding the 2020 Restructuring Transaction and the Transaction Agreement. During 2021, we committed $97,520 for capital expenditures related to 2.6 million square feet of leases executed at our medical office and life science properties. During 2020, we committed $17,901 for capital expenditures related to 1.0 million square feet of leases executed at our medical office and life science properties. Committed and unspent tenant related obligations based on executed leases as of December 31, 2021 and 2020 were $76,573 and $19,159, respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	Leases We are a lessor of medical office and life science properties, senior living communities and other healthcare related properties. Our leases provide our tenants with the contractual right to use and economically benefit from all of the premises demised under the leases; therefore, we have determined to evaluate our leases as lease arrangements. We increased rental income to record revenue on a straight line basis by $5,846, $6,069 and $4,508 for the years ended December 31, 2021, 2020 and 2019, respectively. Rents receivable, excluding receivables related to our properties classified as held for sale, if any, include $82,131 and $104,803 of straight line rent receivables at December 31, 2021 and 2020, respectively, and are included in other assets, net in our consolidated balance sheets. We do not include in our measurement of our lease receivables certain variable payments, including changes in the index or market based indices after the inception of the lease, certain tenant reimbursements and other income until the specific events that trigger the variable payments have occurred. Such payments totaled $74,860, $77,599 and $78,668 for the years ended December 31, 2021, 2020 and 2019, respectively, of which tenant reimbursements totaled $72,690, $75,378 and $75,432, respectively. The following table presents our operating lease maturity analysis, excluding lease payments from properties classified as held for sale, if any, as of December 31, 2021: Year Amount 2022 $ 236,309 2023 234,633 2024 219,532 2025 197,712 2026 181,819 Thereafter 812,989 Total $ 1,882,994 Right of Use Asset and Lease Liability . For leases where we are the lessee, we recognized a right of use asset and a lease liability equal to the present value of the minimum lease payments with rental payments being applied to the lease liability and the right of use asset being amortized over the term of the lease. The values of the right of use asset and related liability representing our future obligation under the lease arrangement for which we are the lessee were $4,153 and $4,352, respectively, as of December 31, 2021, and $4,237 and $4,410, respectively, as of December 31, 2020. The right of use asset and related lease liability are included within other assets, net other liabilities

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders' Equity We have common shares available for issuance under the terms of our equity compensation plan adopted in 2012, as amended, or the 2012 Plan. During the years ended December 31, 2021, 2020 and 2019, we awarded to our officers and other employees of RMR LLC annual share awards of 718,000, 360,000 and 187,500 of our common shares, respectively, valued at $2,448, $1,357 and $1,633, in aggregate, respectively. In accordance with our Trustee compensation arrangements, we also awarded each of our then Trustees 20,000 common shares with an aggregate value of $444 ($74 per Trustee), 10,000 common shares with an aggregate value of $176 ($29 per Trustee) and 3,000 common shares with an aggregate value of $119 ($24 per Trustee) in 2021, 2020 and 2019, respectively. The values of the share awards were based upon the closing price of our common shares trading on The Nasdaq Stock Market LLC, or Nasdaq, on the dates of awards. The common shares awarded to our Trustees vested immediately. The common shares awarded to our officers and certain other employees of RMR LLC vest in five A summary of shares awarded, forfeited, vested and unvested under the terms of the 2012 Plan from January 1, 2019 to December 31, 2021 is as follows: Number of Shares Weighted Average Unvested shares at December 31, 2018 161,990 $ 19.41 Shares awarded in 2019 202,500 $ 8.65 Shares vested / forfeited in 2019 (137,150) $ 8.94 Unvested shares at December 31, 2019 227,340 $ 12.52 Shares awarded in 2020 420,000 $ 3.65 Shares vested / forfeited in 2020 (212,790) $ 7.04 Unvested shares at December 31, 2020 434,550 $ 6.15 Shares awarded in 2021 838,000 $ 3.45 Shares vested / forfeited in 2021 (426,930) $ 4.98 Unvested shares at December 31, 2021 845,620 $ 4.07 The 845,620 unvested shares as of December 31, 2021 are scheduled to vest as follows: 253,520 shares in 2022, 239,700 shares in 2023, 208,800 shares in 2024 and 143,600 shares in 2025. As of December 31, 2021, the estimated future compensation for the unvested shares was $3,116 based on the adjusted award date fair value of these shares. At December 31, 2021, the weighted average period over which the compensation expense will be recorded is approximately 2.0 years. We recorded share based compensation expense of $1,960 in 2021, $1,568 in 2020 and $1,388 in 2019. We recognize forfeitures as they occur. During 2021, 2020 and 2019, we purchased an aggregate of 109,384, 47,375 and 31,747, respectively, of our common shares from our officers and certain current and former officers and employees of RMR LLC in satisfaction of tax withholding and payment obligations in connection with the vesting of awards of our common shares. See Note 8 for further information regarding these purchases. A summary of cash distributions paid to common shareholders, for federal income tax purposes, as are follows for the periods presented: Annual Per Characterization of Distribution Share Total Ordinary Capital Return of Year Distribution Distribution Income Gain Capital 2021 $ 0.04 $ 9,540 — % 100.0 % — % 2020 $ 0.18 $ 42,825 — % — % 100.0 % 2019 $ 0.84 $ 199,719 — % 25.7 % 74.3 % On January 13, 2022, we declared a quarterly distribution to common shareholders of record on January 24, 2022 of $0.01 per share, or approximately $2,390 in aggregate. We paid this distribution on February 17, 2022, using cash on hand.

Senior Living Community Leases

Senior Living Community Leases and Management Agreements	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Senior Living Community Leases and Management Agreements	Senior Living Community Leases and Management Agreements As of December 31, 2019, we leased 166 senior living communities to Five Star. As of that date, we also leased to our TRSs 78 communities that we owned and that were managed by Five Star for our account. Restructuring our Business Arrangements with Five Star The Transaction Agreement with Five Star. Pursuant to the Transaction Agreement, effective January 1, 2020, or the Conversion Time: • our previously existing master leases with Five Star for all of our senior living communities that Five Star leased, as well as our previously existing management agreements and pooling agreements with Five Star for our senior living communities that Five Star managed, were terminated and replaced with new management agreements and a related omnibus agreement, which agreements were subsequently replaced in June 2021, as described below; • AlerisLife issued to us 10,268,158 of its common shares and an aggregate of approximately 16,118,849 to our shareholders of record as of December 13, 2019; • as consideration for these share issuances, we provided Five Star with $75,000 of additional consideration by assuming certain of Five Star's working capital liabilities and making cash payments to Five Star, resulting in a gain on lease termination of $22,896 for the year ended December 31, 2020 in our consolidated statements of comprehensive income (loss); and • pursuant to a guaranty agreement dated as of January 1, 2020 and amended and restated on June 9, 2021, made by AlerisLife in favor of our applicable subsidiaries, AlerisLife has guaranteed the payment and performance of each of its applicable subsidiary's obligations under our applicable management agreements with Five Star. Also pursuant to the Transaction Agreement: (1) commencing February 1, 2019, the aggregate amount of monthly minimum rent payable to us by Five Star under our previously existing master leases with Five Star was set at $11,000 as of February 1, 2019, subject to adjustment, and subsequently reduced in accordance with the Transaction Agreement as a result of our subsequent sales of certain of the leased senior living communities, and no additional rent was payable to us by Five Star from such date until the Conversion Time; and (2) as of April 1, 2019, we purchased from Five Star $49,155 of unencumbered Qualifying PP&E (as defined in the Transaction Agreement) related to our senior living communities leased and operated by Five Star. 2021 Amendments to our Management Arrangements with Five Star . On June 9, 2021, we amended our management arrangements with Five Star. The principal changes to the management arrangements included: • that Five Star agreed to cooperate with us in transitioning 108 of our senior living communities with approximately 7,500 living units to other third party managers without our payment of any termination fee to Five Star; • that we no longer have the right to sell up to an additional $682,000 of senior living communities currently managed by Five Star and terminate Five Star's management of those communities without our payment of a fee to Five Star upon sale; • that Five Star is continuing to manage 120 of our senior living communities, and that the skilled nursing units in all of our continuing care retirement communities that Five Star is continuing to manage, which then included approximately 1,500 living units, were closed and are being evaluated and repositioned; • that beginning in 2025, we will have the right to terminate up to 10% of the senior living communities that Five Star is continuing to manage, based on total revenues per year for failure to meet 80% of a target EBITDA for the applicable period; • that the incentive fee that Five Star may earn in any calendar year for the senior living communities that Five Star is continuing to manage is no longer subject to a cap and that any senior living communities that are undergoing a major renovation or repositioning are excluded from the calculation of the incentive fee; • that RMR LLC will oversee any major renovation or repositioning activities at the senior living communities that Five Star is continuing to manage; and • that the term of our management agreements with Five Star for our senior living communities that Five Star is continuing to manage was extended by two years to December 31, 2036. Pursuant to these changes, we and Five Star entered into an amended and restated master management agreement, or the Master Management Agreement, for the senior living communities that Five Star is continuing to manage. In addition, AlerisLife delivered to us a related amended and restated guaranty agreement pursuant to which AlerisLife is continuing to guarantee the payment and performance of each of its applicable subsidiary's obligations under the applicable management agreements. Pursuant to the Master Management Agreement, Five Star receives a management fee equal to 5% of the gross revenues realized at the applicable senior living communities plus reimbursement for its direct costs and expenses related to such communities. Commencing with the calendar year 2021, Five Star may receive an annual incentive fee equal to 15% of the amount by which the annual earnings before interest, taxes, depreciation and amortization, or EBITDA, of all communities on a combined basis exceeds the target EBITDA for all communities on a combined basis for such calendar year. The target EBITDA for those communities on a combined basis is increased annually based on the greater of the annual increase of the consumer price index, or CPI, or 2%, plus 6% of any capital investments funded at the managed communities on a combined basis in excess of the target capital investment. Unless otherwise agreed, the target capital investment increases annually based on the greater of the annual increase of CPI or 2%. Any senior living communities that are undergoing a major renovation or repositioning are excluded from the calculation of the incentive fee. The Master Management Agreement expires in 2036, subject to Five Star's right to extend for two consecutive five year terms if Five Star achieves certain performance targets for the combined managed communities portfolio, unless earlier terminated. Pursuant to the Master Management Agreement, beginning in 2025, we have the right to terminate up to 10% of the senior living communities that Five Star is continuing to manage, based on total revenues per year for failure to meet 80% of a target EBITDA for the applicable period. Pursuant to a guaranty agreement dated as of January 1, 2020, and subsequently amended and restated on June 9, 2021, made by AlerisLife in favor of our applicable subsidiaries, AlerisLife has guaranteed the payment and performance of each of its applicable subsidiary's obligations under the Master Management Agreement. On April 1, 2019, we concluded that the 2020 Restructuring Transaction constituted a reconsideration event requiring us to assess whether we held a controlling financial interest in AlerisLife. As a result of this assessment, we determined that AlerisLife was a VIE effective as of the date of the Transaction Agreement. We determined not to consolidate AlerisLife in our consolidated financial statements, as we do not have the power to direct the activities of AlerisLife that most significantly impact AlerisLife's economic performance and therefore are not the primary beneficiary of AlerisLife. Effective January 1, 2020, we determined that AlerisLife is not a VIE and we will account for our equity investment in AlerisLife using the equity method of accounting because we are deemed to exert significant influence, but not control, over AlerisLife's most significant activities. We have elected to use the fair value option to account for our investment in AlerisLife. As of December 31, 2021, we had transitioned 107 of the 108 senior living communities, containing 7,340 living units, from Five Star to new third party managers. The remaining senior living community was closed and we are assessing opportunities to redevelop that property. We lease nearly all of our senior living communities, including those managed by Five Star and by the new third party managers, to our TRSs. We incurred and expect to continue to incur costs related to retention and other transition costs for the 107 transitioned communities. For the year ended December 31, 2021, we recorded $17,363 of these costs, of which $13,311 represent expenses reimbursed to Five Star, to acquisition and certain other transaction related costs in our consolidated statements of comprehensive income (loss). The terms of the management agreements with the new third party managers are generally as follows: the new third party managers will receive a management fee equal to 5% to 6% of the gross revenues realized at the applicable senior living communities plus reimbursement for direct costs and expenses related to such communities. These agreements generally also provide for the new third party managers to earn a minimum base fee for a portion of the term of the agreement. Additionally, the new third party managers have the ability to earn incentive fees equal to 15% to 25% of the amount by which EBITDA of the applicable communities exceeds the target EBITDA for the applicable communities. The new third party managers can also earn a construction supervision fee ranging between 3% and 5% of construction costs. The initial terms of the management agreements with the new third party managers are generally five years, subject to automatic extensions of successive terms of two years each unless earlier terminated or timely notice of nonrenewal is delivered. The management agreements with the new third party managers also generally provide us with the right to terminate the management agreements for communities that do not earn 70% to 80% of the target EBITDA for such communities, after an agreed upon stabilized period. Our Senior Living Communities Formerly Leased by Five Star. Prior to the Conversion Time, we leased senior living communities to Five Star pursuant to five master leases with Five Star, each of which was terminated as of January 1, 2020 pursuant to the Transaction Agreement. Under our previously existing leases with Five Star, Five Star paid us annual rent plus percentage rent equal to 4.0% of the increase in gross revenues at certain of our senior living communities over base year gross revenues as specified in the applicable leases. Pursuant to the Transaction Agreement, commencing February 1, 2019, no percentage rent was payable to us by Five Star and annual rent payable to us by Five Star was adjusted as noted above. We previously determined percentage rent due under these leases annually and recognized it when all contingencies were met, which was typically at year end. We recognized total rental income from Five Star of $137,898 (including percentage rent of $538) for the year ended December 31, 2019. Our previously existing leases with Five Star were “triple net” leases, which generally required Five Star to pay rent and all property operating expenses, to indemnify us from liability which may arise by reason of our ownership of the properties, to maintain the properties at Five Star's expense, to remove and dispose of hazardous substances on the properties in compliance with applicable law and to maintain insurance on the properties for Five Star's and our benefit. Under our previously existing leases with Five Star, Five Star could request that we purchase certain improvements to the leased communities and, until we entered into the Transaction Agreement, the annual rent payable to us by Five Star would increase in accordance with a formula specified in the applicable lease in return for such purchases. Pursuant to the Transaction Agreement, the $111,603 of improvements to communities leased to Five Star, including $49,155 of fixed assets and improvements that were purchased pursuant to the Transaction Agreement as discussed above, that we funded during the year ended December 31, 2019 did not result in increased rent payable by Five Star. As of December 31, 2019, Five Star was our most significant tenant. The following is a summary of the assets leased to and revenues earned from Five Star as a tenant as of and for the year ended December 31, 2019 compared to all our other assets and revenues from all sources: As of December 31, 2019 Gross Book Value of Real Estate Assets (1) % of Total Five Star (2) $ 2,286,951 27.2 % All others (3) 6,133,672 72.8 % $ 8,420,623 100.0 % (1) Represents the gross book value of real estate assets at cost plus certain acquisition costs, before depreciation and purchase price allocations, less impairment write downs, if any. Five Star also managed some of our managed senior living communities as of December 31, 2019. The gross book value of real estate assets of $1,920,070 as of December 31, 2019 for those managed senior living communities is included in the "All others" category. (2) Includes gross book value of real estate assets of $50,951 classified as held for sale in our consolidated balance sheet as of December 31, 2019. (3) Includes gross book value of real estate assets of $213,416 classified as held for sale in our consolidated balance sheet as of December 31, 2019. Year Ended December 31, 2019 Total Revenues (1) % of Total Five Star $ 137,898 13.3 % All others 902,257 86.7 % $ 1,040,155 100.0 % (1) Five Star also managed some of our managed senior living communities as of December 31, 2019. Our revenues of $433,597 for the year ended December 31, 2019, from those communities are included in the “All others” category. Our Senior Living Communities Managed by Five Star . Five Star managed 120, 235 and 78 senior living communities for our account as of December 31, 2021, 2020 and 2019, respectively. We lease our senior living communities that are managed by Five Star to our TRSs, and Five Star manages these communities pursuant to long term management agreements. As described above, pursuant to the Transaction Agreement, effective January 1, 2020, we replaced our long term management and pooling agreements with Five Star with new management agreements and a related omnibus agreement, which agreements were subsequently replaced in June 2021 with the Master Management Agreement, the terms of which are described above. We incurred management fees payable to Five Star of $47,479, $62,880 and $15,327 for the years ended December 31, 2021, 2020 and 2019, respectively. For the years ended December 31, 2021 and 2020, $43,864 and $60,413, respectively, of the total management fees were expensed to property operating expenses in our consolidated statements of comprehensive income (loss) and $3,615 and $2,467, respectively, were capitalized in our consolidated balance sheets and are being depreciated over the estimated useful lives of the related capital assets. In addition to providing management services to us, Five Star also provides certain other services to residents at some of the senior living communities it manages for us, such as rehabilitation services. At senior living communities Five Star manages for us where Five Star provides rehabilitation services on an outpatient basis, the residents, third party payers or government programs pay Five Star for those rehabilitation services. At senior living communities Five Star manages for us where Five Star provides both inpatient and outpatient rehabilitation services, we generally pay Five Star for those rehabilitation services and charges for these services are included in amounts charged to residents, third party payers or government programs. We incurred fees of $11,233, $25,687 and $5,920 for the years ended December 31, 2021, 2020 and 2019, respectively, with respect to rehabilitation services Five Star provided at senior living communities that are payable by us. These amounts are included in property operating expenses in our consolidated statements of comprehensive income (loss). As a result of routine monitoring protocols that are a part of Five Star's compliance program activities related to Medicare billing, Five Star discovered potentially inadequate documentation at one of our senior living communities that Five Star manages. This monitoring was not initiated in response to any specific complaint or allegation but rather was of the type that Five Star periodically undertakes to test its compliance with applicable Medicare billing rules. We and Five Star voluntarily disclosed this matter to the United States Department of Health and Human Services, Office of the Inspector General, or the OIG, pursuant to the OIG's Provider Self-Disclosure Protocol. In January 2021, we and Five Star settled this matter with the OIG and we agreed to pay approximately $5,763 in exchange for a customary release, but we and Five Star did not admit any liability. We paid that amount to the OIG in January 2021. Five Star refunded to us $115 of management fees it previously received relating to the Medicare payments we refunded to the OIG. With respect to this settlement amount, we accrued a revenue reserve of $3,842 at December 31, 2020 for historical Medicare payments we received and agreed to repay to the OIG and we recorded expenses of $1,921 for the year ended December 31, 2020 for OIG-imposed penalties. Since January 1, 2020, we sold certain senior living communities that were then managed by Five Star. We and Five Star terminated our management agreements for these senior living communities in connection with these sales. See Note 3 for further information regarding these sales. During 2021, we transitioned 107 senior living communities from Five Star to new third party managers and we closed one senior living community that was previously managed by Five Star. We lease to Five Star space at certain of our senior living communities, which it uses to provide certain outpatient rehabilitation and wellness services. We recorded $1,591 and $1,561 for the years ended December 31, 2021 and 2020, respectively, with respect to these leases. The following table presents residents fees and services revenue from our managed senior living communities disaggregated by the type of contract and payer: Year Ended December 31, Revenue from contracts with customers: 2021 2020 2019 Basic housing and support services $ 750,644 $ 856,687 $ 353,699 Medicare and Medicaid programs 98,273 173,878 31,324 Private pay and other third party payer SNF services 125,706 174,246 48,574 Total residents fees and services $ 974,623 $ 1,204,811 $ 433,597

Business and Property Managemen

Business and Property Management Agreements with RMR LLC	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Business and Property Management Agreements with RMR LLC	Business and Property Management Agreements with RMR LLC We have no employees. The personnel and various services we require to operate our business are provided to us by RMR LLC. We have two agreements with RMR LLC to provide management services to us: (1) a business management agreement, which relates to our business generally, and (2) a property management agreement, which relates to the property level operations of our medical office and life science properties and major renovation or repositioning activities at our senior living communities that we may request RMR LLC to manage from time to time. We also have a subsidiary level management agreement with RMR LLC related to the life science property located in Boston, Massachusetts, which we entered in connection with the joint venture arrangement for that life science property. Under that agreement, our subsidiary pays RMR LLC certain management fees directly, which fees are credited against the business management fees payable by us to RMR LLC. On December 23, 2021, we sold a 35% equity interest in that joint venture to another third party global institutional investor. As a result of that sale, our equity interest in the joint venture was reduced to 20% and the joint venture then ceased to be a subsidiary of ours. Accordingly, we will no longer consolidate this joint venture and fees payable by the joint venture to RMR LLC will no longer be credited against the fees we pay to RMR LLC. See Note 3 for further information regarding this sale and Note 8 for further information regarding our relationship, agreements and transactions with RMR LLC. Management Agreements with RMR LLC. Our management agreements with RMR LLC provide for an annual base management fee, an annual incentive management fee and property management and construction supervision fees, payable in cash, among other terms: • Base Management Fee . The annual base management fee payable to RMR LLC by us for each applicable period is equal to the lesser of: ◦ the sum of (a) 0.5% of the daily weighted average of the aggregate book value of our real estate assets owned by us or our subsidiaries as of October 12, 1999, or the Transferred Assets, plus (b) 0.7% of the average aggregate historical cost of our real estate investments excluding the Transferred Assets up to $250,000, plus (c) 0.5% of the average aggregate historical cost of our real estate investments excluding the Transferred Assets exceeding $250,000; and ◦ the sum of (a) 0.7% of the average closing price per share of our common shares on the stock exchange on which such shares are principally traded during such period, multiplied by the average number of our common shares outstanding during such period, plus the daily weighted average of the aggregate liquidation preference of each class of our preferred shares outstanding during such period, plus the daily weighted average of the aggregate principal amount of our consolidated indebtedness during such period, or, together, our Average Market Capitalization, up to $250,000, plus (b) 0.5% of our Average Market Capitalization exceeding $250,000. The average aggregate historical cost of our real estate investments includes our consolidated assets invested, directly or indirectly, in equity interests in or loans secured by real estate and personal property owned in connection with such real estate (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), all before reserves for depreciation, amortization, impairment charges or bad debts or other similar non-cash reserves. • Incentive Management Fee . The incentive management fee which may be earned by RMR LLC for an annual period is calculated as follows: • An amount, subject to a cap, based on the value of our common shares outstanding, equal to 12.0% of the product of: ◦ our equity market capitalization on the last trading day of the year immediately prior to the relevant three year measurement period, and ◦ the amount (expressed as a percentage) by which the total return per share, as defined in the business management agreement and further described below, of our common shareholders (i.e., share price appreciation plus dividends) exceeds the total shareholder return of the applicable market index, or the benchmark return per share, for the relevant measurement period. Effective August 1, 2021, we and RMR LLC amended our business management agreement to replace the benchmark index used in the calculation of incentive management fees. Pursuant to the amendment, for periods beginning on and after August 1, 2021, the MSCI U.S. REIT/Health Care REIT Index replaced the discontinued SNL U.S. REIT Healthcare Index and will be used to calculate benchmark returns per share for purposes of determining any incentive management fee payable by us to RMR LLC. For periods prior to August 1, 2021, the SNL U.S. REIT Healthcare Index continued to be used. Accordingly, the calculation of incentive management fees for the next two measurement periods will continue to use the SNL U.S. REIT Healthcare Index in calculating the benchmark returns for periods through July 31, 2021. This change of index was due to S&P Global ceasing to publish the SNL U.S. REIT Healthcare Index. For purposes of the total return per share of our common shareholders, share price appreciation for a measurement period is determined by subtracting (1) the closing price of our common shares on Nasdaq on the last trading day of the year immediately before the first year of the applicable measurement period, or the initial share price, from (2) the average closing price of our common shares on the 10 consecutive trading days having the highest average closing prices during the final 30 trading days in the last year of the measurement period. ◦ The calculation of the incentive management fee (including the determinations of our equity market capitalization, initial share price and the total return per share of our common shareholders) is subject to adjustments if we issue or repurchase our common shares, or if our common shares are forfeited, during the measurement period. ◦ No incentive management fee is payable by us unless our total return per share during the measurement period is positive. ◦ The measurement periods are three year periods ending with the year for which the incentive management fee is being calculated. ◦ If our total return per share exceeds 12.0% per year in any measurement period, the benchmark return per share is adjusted to be the lesser of the total shareholder return of the applicable market index for such measurement period and 12.0% per year, or the adjusted benchmark return per share. In instances where the adjusted benchmark return per share applies, the incentive management fee will be reduced if our total return per share is between 200 basis points and 500 basis points below the applicable market index in any year, by a low return factor, as defined in the business management agreement, and there will be no incentive management fee paid if, in these instances, our total return per share is more than 500 basis points below the applicable market index in any year, determined on a cumulative basis (i.e., between 200 basis points and 500 basis point per year multiplied by the number of years in the measurement period and below the applicable market index). ◦ The incentive management fee is subject to a cap. The cap is equal to the value of the number of our common shares which would, after issuance, represent 1.5% of the number of our common shares then outstanding multiplied by the average closing price of our common shares during the 10 consecutive trading days having the highest average closing prices during the final 30 trading days of the relevant measurement period. ◦ Incentive management fees we paid to RMR LLC for any period may be subject to “clawback” if our financial statements for that period are restated due to material non-compliance with any financial reporting requirements under the securities laws as a result of the bad faith, fraud, willful misconduct or gross negligence of RMR LLC and the amount of the incentive management fee we paid was greater than the amount we would have paid based on the restated financial statements. Pursuant to our business management agreement with RMR LLC, we recognized net business management fees of $23,378, $20,629 and $27,399 for the years ended December 31, 2021, 2020 and 2019, respectively. The net business management fees we recognized are included in general and administrative expenses in our consolidated statements of comprehensive income (loss) for these periods. The net business management fees we recognized for the years ended December 31, 2021, 2020 and 2019 reflect a reduction of $2,974, for each of those years for the amortization of the liability we recorded in connection with, our former investment in RMR Inc., as further described in Note 8. Pursuant to our business management agreement with RMR LLC, in January 2019, we paid RMR LLC an incentive management fee of $40,642 for the year ended December 31, 2018. We did not recognize an incentive management fee payable to RMR LLC for the years ended December 31, 2021, 2020 or 2019. • Property Management and Construction Supervision Fees . The property management fees payable to RMR LLC by us for each applicable period are equal to 3.0% of gross collected rents and the construction supervision fees payable to RMR LLC by us for each applicable period are equal to 5.0% of construction costs. In connection with our entry into the Master Management Agreement, on June 9, 2021, we and RMR LLC amended our property management agreement to, among other things, provide for RMR LLC's oversight of any major capital projects and repositionings at our senior living communities, including our senior living communities which Five Star is continuing to manage, and that RMR LLC will receive the same fee previously paid to Five Star for such services, which is equal to 3.0% of the cost of any such major capital project or repositioning. We recognized aggregate net property management and construction supervision fees of $12,504, $13,802 and $13,141 for the years ended December 31, 2021, 2020 and 2019, respectively. The net property management and construction supervision fees we recognized for the years ended December 31, 2021, 2020 and 2019 reflect a reduction of $797 for each of those years for the amortization of the liability we recorded in connection with our former investment in RMR Inc., as further described in Note 8. For the years ended December 31, 2021, 2020 and 2019, $9,684, $10,084 and $10,705, respectively, of property management fees were expensed to property operating expenses in our consolidated statements of comprehensive income (loss) and $2,820, $3,718 and $2,436, respectively, were capitalized as building improvements in our consolidated balance sheets and are being depreciated over the estimated useful lives of the related capital assets. Expense Reimbursement . We are generally responsible for all our operating expenses, including certain expenses incurred or arranged by RMR LLC on our behalf. We are generally not responsible for payment of RMR LLC's employment, office or administrative expenses incurred to provide management services to us, except for the employment and related expenses of RMR LLC's employees assigned to work exclusively or partly at our properties, our share of the wages, benefits and other related costs of RMR LLC's centralized accounting personnel, our share of RMR LLC's costs for providing our internal audit function, or as otherwise agreed. Our Audit Committee appoints our Director of Internal Audit and our Compensation Committee approves the costs of our internal audit function. Our property level operating expenses are generally incorporated into the rents charged to our tenants, including certain payroll and related costs incurred by RMR LLC. We reimbursed RMR LLC $13,161, $13,805 and $13,373 for these costs and expenses for the years ended December 31, 2021, 2020 and 2019, respectively. These amounts are included in property operating expenses or general and administrative expenses, as applicable, in our consolidated statements of comprehensive income (loss) for these periods. Term . Our management agreements with RMR LLC have terms that end on December 31, 2041, and automatically extend on December 31st of each year for an additional year, so that the terms of our management agreements thereafter end on the 20th anniversary of the date of the extension. Termination Rights . We have the right to terminate one or both of our management agreements with RMR LLC: (i) at any time on 60 days' written notice for convenience, (ii) immediately on written notice for cause, as defined therein, (iii) on written notice given within 60 days after the end of an applicable calendar year for a performance reason, as defined therein, and (iv) by written notice during the 12 months following a change of control of RMR LLC, as defined therein. RMR LLC has the right to terminate the management agreements for good reason, as defined therein. Termination Fee. If we terminate one or both of our management agreements with RMR LLC for convenience, or if RMR LLC terminates one or both of our management agreements for good reason, we have agreed to pay RMR LLC a termination fee in an amount equal to the sum of the present values of the monthly future fees, as defined therein, for the terminated management agreement(s) for the term that was remaining prior to such termination, which, depending on the time of termination would be between 19 and 20 years. If we terminate one or both of our management agreements with RMR LLC for a performance reason, we have agreed to pay RMR LLC the termination fee calculated as described above, but assuming a 10 year term was remaining prior to the termination. We are not required to pay any termination fee if we terminate our management agreements with RMR LLC for cause or as a result of a change of control of RMR LLC. Transition Services. RMR LLC has agreed to provide certain transition services to us for 120 days following an applicable termination by us or notice of termination by RMR LLC, including cooperating with us and using commercially reasonable efforts to facilitate the orderly transfer of the management and real estate investment services provided under our business management agreement and to facilitate the orderly transfer of the management of the managed properties under our property management agreement, as applicable. Vendors . Pursuant to our management agreements with RMR LLC, RMR LLC may from time to time negotiate on our behalf with certain third party vendors and suppliers for the procurement of goods and services to us. As part of this arrangement, we may enter agreements with RMR LLC and other companies to which RMR LLC or its subsidiaries provide management services for the purpose of obtaining more favorable terms from such vendors and suppliers.

Related Person Transactions

Related Person Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related Person Transactions	Related Person Transactions We have relationships and historical and continuing transactions with AlerisLife (including Five Star), RMR LLC, RMR Inc. and others related to them, including other companies to which RMR LLC or its subsidiaries provide management services and some of which have trustees, directors or officers who are also our Trustees or officers. RMR Inc. is the managing member of RMR LLC. The Chair of our Board and one of our Managing Trustees, Adam D. Portnoy, as the sole trustee of ABP Trust, is the controlling shareholder of RMR Inc., is a managing director and the president and chief executive officer of RMR Inc., an officer and employee of RMR LLC and the chair of the board and a managing director of AlerisLife. Jennifer F. Francis, our other Managing Trustee and our President and Chief Executive Officer, and our Chief Financial Officer and Treasurer are also employees and officers of RMR LLC. Jennifer B. Clark, our Secretary and former Managing Trustee, also serves as a managing director and the executive vice president, general counsel and secretary of RMR Inc., an officer and employee of RMR LLC, an officer of ABP Trust and a managing director and secretary of AlerisLife. Certain of AlerisLife's officers are officers and employees of RMR LLC. Some of our Independent Trustees also serve as independent trustees or independent directors of other public companies to which RMR LLC or its subsidiaries provide management services. Adam Portnoy serves as the chair of the board and as a managing director or managing trustee of these companies. Other officers of RMR LLC, including Ms. Clark and certain of our officers, serve as managing trustees, managing directors or officers of certain of these companies. In addition, officers of RMR LLC and RMR Inc. serve as our officers and officers of other companies to which RMR LLC or its subsidiaries provide management services. AlerisLife. We are currently AlerisLife's largest stockholder. As of December 31, 2021, we owned 10,691,658 of AlerisLife's common shares, or approximately 32.7% of AlerisLife's outstanding common shares. As of December 31, 2019, Five Star was our largest tenant and the manager of our managed senior living communities. Five Star manages certain of the senior living communities we own pursuant to the Master Management Agreement. RMR LLC provides management services to both us and Five Star. Five Star participates in our property insurance program for the senior living communities Five Star owns and leases. The premiums Five Star pays for this coverage are allocated pursuant to a formula based on the profiles of the properties included in the program. See Note 6 for further information regarding our relationships, agreements and transactions with AlerisLife (including Five Star), and Note 10 for further information regarding our investment in AlerisLife. As of December 31, 2021, ABP Acquisition LLC, a subsidiary of ABP Trust, the controlling shareholder of RMR Inc., together with ABP Trust, owned approximately 6.2% of AlerisLife's outstanding common shares. In order to effect our distribution of AlerisLife common shares to our shareholders in 2001 and to govern our relations with AlerisLife (including Five Star), thereafter, AlerisLife (including Five Star) entered agreements with us and others, including RMR LLC. Since then, we have entered various leases, management agreements and other agreements with AlerisLife (including Five Star) that include provisions that confirm and modify these undertakings. Among other things, these agreements provide that: • so long as we remain a REIT, AlerisLife may not waive the share ownership restrictions in its charter that prohibit any person or group from acquiring more than 9.8% (in value or number of shares, whichever is more restrictive) of the outstanding shares of any class of AlerisLife stock without our consent; • so long as Five Star is our tenant or manager, AlerisLife will not permit nor take any action that, in our reasonable judgment, might jeopardize our qualification for taxation as a REIT; • we have the right to terminate our management agreements with Five Star upon the acquisition by a person or group of more than 9.8% of AlerisLife's voting stock or other change in control events, as defined therein affecting AlerisLife, including the adoption of any shareholder proposal (other than a precatory proposal) or the election to AlerisLife's board of directors of any individual, if such proposal or individual was not approved, nominated or appointed, as the case may be, by a majority of AlerisLife's directors in office immediately prior to the making of such proposal or the nomination or appointment of such individual; and • so long as Five Star is our tenant or manager or has a business management agreement with RMR LLC, AlerisLife will not acquire or finance any real estate of a type then owned or financed by us or any other company managed by RMR LLC without first giving us or such company managed by RMR LLC, as applicable, the opportunity to acquire or finance that real estate. See Note 6 for further information regarding our relationships, agreements and transactions with AlerisLife (including Five Star). Our Manager, RMR LLC. We have two agreements with RMR LLC to provide management services to us: (1) a business management agreement, which relates to our business generally, and (2) a property management agreement, which relates to the property level operations of our medical office and life science properties and major renovation or repositioning activities at our senior living communities that we may request RMR LLC to manage from time to time. See Note 7 for further information regarding our management agreements with RMR LLC. Leases with RMR LLC . We lease office space to RMR LLC in certain of our properties for RMR LLC's property management offices. We recognized rental income from RMR LLC for leased office space of $190, $163 and $256 for the years ended December 31, 2021, 2020 and 2019, respectively. Our office space leases with RMR LLC are terminable by RMR LLC if our management agreements with RMR LLC are terminated. Share Awards to RMR LLC Employees. As described in Note 5, we award shares to our officers and other employees of RMR LLC annually. Generally, one fifth of these awards vest on the grant date and one fifth vests on each of the next four anniversaries of the grant dates. In certain instances, we may accelerate the vesting of an award, such as in connection with the award holder's retirement as an officer of us or an officer or employee of RMR LLC. These awards to RMR LLC employees are in addition to the share awards to our Managing Trustees, as Trustee compensation, and the fees we paid to RMR LLC. See Note 5 for information regarding our share awards and activity as well as certain share purchases we made in connection with share award recipients satisfying tax withholding obligation on vesting share awards. RMR Inc. On July 1, 2019, we sold all of the 2,637,408 shares of class A common stock of RMR Inc. that we owned in an underwritten public offering at a price to the public of $40.00 per share pursuant to the underwriting agreement among us, RMR Inc., certain other REITs managed by RMR LLC that also sold their class A common stock of RMR Inc. in the offering, and the underwriters named therein. We received net proceeds of $98,557 from this sale, after deducting the underwriting discounts and commissions and other offering expenses. AIC . Until its dissolution on February 13, 2020, we, ABP Trust, AlerisLife and four other companies to which RMR LLC provides management services owned AIC in equal portions. We and the other AIC shareholders historically participated in a combined property insurance program arranged and insured or reinsured in part by AIC until June 30, 2019. We also had a one year standalone insurance policy that provided coverage for one of our life science properties located in Boston, Massachusetts that is owned in a joint venture, which we obtained as a part of this insurance program. We (including our then consolidated joint venture) paid aggregate annual premiums, including taxes and fees, of $4,413 in connection with this insurance program for the policy year ended June 30, 2019. In connection with AIC's dissolution, we and each other AIC shareholder received an initial liquidating distribution of $9,000 from AIC in December 2019, an additional liquidating distribution of approximately $287 in June 2020 and a final liquidating distribution of $11 in December 2021. As of December 31, 2020 and 2019, our investment in AIC had a carrying value of $11 and $298, respectively. These amounts are included in other assets in our consolidated balance sheets. We recognized income of $400 related to our investment in AIC for the year ended December 31, 2019. These amounts are presented as equity in earnings of an investee in our consolidated statements of comprehensive income (loss). Our other comprehensive income includes our proportionate part of unrealized gains on securities which were owned and held for sale by AIC of $91 related to our investment in AIC for the year ended December 31, 2019.

Indebtedness

Indebtedness	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Indebtedness	Indebtedness At December 31, 2021 and 2020, our outstanding indebtedness consisted of the following: Principal Balance as of December 31, Floating Rate Debt (1) Maturity 2021 2020 Revolving credit facility (2) January 2023 $ 800,000 $ — Term loan September 2022 — 200,000 Total floating rate debt $ 800,000 $ 200,000 (1) As of December 31, 2021 and 2020, the unamortized net debt issuance costs on certain of these debts were $0 and $951, respectively. (2) Outstanding borrowings under our revolving credit facility. In February 2022, we exercised our option to extend the maturity date of our revolving credit facility by one year to January 2024. December 31, 2021 December 31, 2020 Senior Unsecured Notes (1) Coupon Maturity Face Unamortized Face Unamortized Senior unsecured notes 6.750 % December 2021 $ — $ — $ 300,000 $ 490 Senior unsecured notes 4.750 % May 2024 250,000 184 250,000 263 Senior unsecured notes 9.750 % June 2025 1,000,000 — 1,000,000 — Senior unsecured notes 4.750 % February 2028 500,000 5,169 500,000 6,013 Senior unsecured notes 4.375 % March 2031 500,000 — — — Senior unsecured notes 5.625 % August 2042 350,000 — 350,000 — Senior unsecured notes 6.250 % February 2046 250,000 — 250,000 — Total senior unsecured notes $ 2,850,000 $ 5,353 $ 2,650,000 $ 6,766 (1) As of December 31, 2021 and 2020, the unamortized net debt issuance costs on certain of these notes were $37,836 and $35,045, respectively. Principal Balance as of Number of Net Book Value of Collateral Secured and Other Debt 2021 (1) 2020 (1) Interest Maturity At December 31, 2021 2021 2020 Mortgage note $ 11,120 $ 11,838 6.28 % July 2022 1 $ 23,525 $ 23,500 Mortgage note 10,479 10,724 4.85 % October 2022 1 19,211 19,675 Mortgage note 15,456 15,805 5.75 % October 2022 2 19,099 19,180 Mortgage note 15,204 15,646 6.64 % June 2023 1 24,593 23,023 Mortgage notes (2) — 620,000 3.53 % August 2026 — — 705,096 Mortgage note 10,240 10,470 4.44 % July 2043 1 13,387 13,582 Finance Leases 6,636 7,811 7.70 % April 2026 2 18,527 18,097 Total secured $ 69,135 $ 692,294 8 $ 118,342 $ 822,153 (1) The principal balances are the amounts stated in the contracts. In accordance with GAAP, our carrying values and recorded interest expense may be different because of market conditions at the time we assumed certain of these debts. As of December 31, 2021 and 2020, the unamortized net premiums and debt issuance costs on certain of these mortgages were $(578) and $721, respectively. (2) The property encumbered by these mortgages is located in Boston, Massachusetts and was contributed in the first quarter of 2017 to a joint venture, which we deconsolidated in December 2021 and in which we currently own a 20% equity interest. As of December 31, 2020, this property was consolidated into our financial statements. See Note 3 for further information regarding this joint venture. As of December 31, 2021, we had a $800,000 revolving credit facility that was available for general business purposes. As of December 31, 2021, the maturity date of our revolving credit facility was January 2023. In February 2022, we exercised our option to extend the maturity date of our revolving credit facility by one year to January 2024. Our revolving credit facility generally provides that we can borrow, repay and re-borrow funds available under our revolving credit facility until maturity, and no principal repayment is due until maturity. As of December 31, 2021, our revolving credit facility required interest to be paid on borrowings at the annual rate of 2.9%, plus a facility fee of 30 basis points per annum on the total amount of lending commitments under the facility. The weighted average annual interest rates for borrowings under our revolving credit facility were 2.9%, 2.2% and 3.4% for the years ended December 31, 2021, 2020 and 2019, respectively. The interest rate premium and facility fee are each subject to adjustment based upon changes to our credit ratings. On March 31, 2021, we borrowed $800,000 under our revolving credit facility as a precautionary measure to increase our cash position and preserve financial flexibility in light of continued uncertainties related to the COVID-19 pandemic. As of December 31, 2021 and February 21, 2022, we were fully drawn under our revolving credit facility. In January 2021, we and our lenders amended our credit agreement and the agreement governing our previously existing $200,000 term loan in order to provide us with certain flexibility in light of continued uncertainties related to the COVID-19 pandemic. Pursuant to the amendments: • certain of the financial covenants under our credit agreement and the agreement governing our previously existing $200,000 term loan, including covenants that require us to maintain certain financial ratios, have been waived through June 2022, or the Amendment Period; • the revolving credit facility commitments have been reduced from $1,000,000 to $800,000, and as a result of the reduction in commitments, we recorded a loss on early extinguishment of debt of $563 for the year ended December 31, 2021; • we pledged certain equity interests of subsidiaries owning properties to secure our obligations under our credit agreement and the agreement governing our previously existing $200,000 term loan and agreed to provide, and as of December 2021 had provided, first mortgage liens on 61 medical office and life science properties with an aggregate gross book value of real estate assets of $992,493 as of December 31, 2021 to secure our obligations, which pledges and/or mortgage liens may be removed or new ones may be added during the Amendment Period based on outstanding debt amounts, among other things; • we had the ability to fund $250,000 of capital expenditures per year, which increased to $350,000 per year following the repayment of our $200,000 term loan in February 2021, and are restricted in our ability to acquire real property as defined in our credit agreement; • the interest rate premium over LIBOR under our revolving credit facility and our previously existing $200,000 term loan increased by 30 basis points; • certain covenants and restrictions on distributions to common shareholders, share repurchases, capital expenditures, acquiring additional properties and incurring additional indebtedness (in each case subject to various exceptions), and the minimum liquidity requirement of $200,000 will remain in place during the Amendment Period; and • we are generally required to apply the net cash proceeds from the disposition of assets, capital markets transactions, and debt financings to the repayment of any amounts outstanding under our revolving credit facility. In September 2021, we and our lenders further amended our credit agreement. Among other things, the amendment sets forth the mechanics for establishing a replacement benchmark rate under our credit agreement at such time as LIBOR is no longer available to calculate interest payable on amounts outstanding thereunder. In February 2022, we and our lenders further amended our credit agreement. Pursuant to the amendment: • the waiver of the fixed charge coverage ratio covenant included in our credit agreement has been extended through December 31, 2022; • the revolving credit facility commitments have been reduced from $800,000 to $700,000 following our repayment of $100,000; • we have the ability to fund $400,000 of capital expenditures per year and we are restricted in our ability to acquire real property as defined in our credit agreement; • the interest rate premium under our revolving credit facility increased by 15 basis points; and • certain covenants and restrictions on distributions to common shareholders, share repurchases, capital expenditures, acquiring additional properties and incurring additional indebtedness (in each case subject to various exceptions), and the minimum liquidity requirement of $200,000 will remain in place during the Amendment Period. Also in February 2022, we exercised our option to extend the maturity date of our revolving credit facility by one year to January 2024. Pursuant to our credit agreement, the borrowing capacity under our revolving credit facility will be reduced to $586,373 as of January 2023 and as such, further repayment of our revolving credit facility may be required. In May 2019, we redeemed at par all of our outstanding 3.25% senior notes due 2019 for a redemption price equal to the principal amount of $400,000, plus accrued and unpaid interest of $6,500. We funded this redemption with cash on hand and borrowings under our revolving credit facility. Also in May 2019, we prepaid, at par plus accrued interest, a mortgage note secured by four of our senior living communities with an outstanding principal balance of approximately $42,211, a maturity date in July 2019 and an annual interest rate of 3.79%. As a result of this prepayment, we recorded a loss on early extinguishment of debt of $17 for the year ended December 31, 2019. We prepaid this mortgage using cash on hand and borrowings under our revolving credit facility. In December 2019, we obtained a $250,000 term loan with a maturity date in June 2020, which we have prepaid in full as discussed further below. The weighted average annual interest rate for amounts outstanding under this term loan was 2.9% for the year ended December 31, 2019. We used the net proceeds from our $250,000 term loan, together with proceeds from our dispositions, borrowings under our revolving credit facility and cash on hand, to prepay in full our $350,000 term loan that was scheduled to mature on January 15, 2020. As a result of this prepayment, we recorded a loss on early extinguishment of debt of $27 for the year ended December 31, 2019. In February 2020, we prepaid a mortgage note secured by one of our life science properties with an outstanding principal balance of approximately $1,554, a maturity date in March 2026 and an annual interest rate of 6.25%. As a result of this prepayment, we recorded a loss on early extinguishment of debt of $246 for the year ended December 31, 2020. We prepaid this mortgage using cash on hand and borrowings under our revolving credit facility. In April 2020, we redeemed all of our outstanding 6.75% senior notes due 2020 for a redemption price equal to the principal amount of $200,000 plus accrued and unpaid interest of $6,750. We funded this redemption with cash on hand and borrowings under our revolving credit facility. In May 2020, we prepaid a mortgage note secured by one of our medical office properties with an outstanding principal balance of approximately $1,213, a maturity date in January 2022 and an annual interest rate of 7.49%. As a result of the prepayment of this mortgage note, we recorded a loss on early extinguishment of debt of $155 for the year ended December 31, 2020. We prepaid this mortgage using cash on hand and borrowings under our revolving credit facility. In June 2020, we issued $1,000,000 aggregate principal amount of our 9.75% senior notes due 2025 in an underwritten public offering raising net proceeds of $982,300, after deducting estimated offering expenses and underwriters' discounts. These notes are guaranteed by all of our subsidiaries, except for certain excluded subsidiaries, including pledged subsidiaries under our credit agreement. Prior to June 15, 2022, we may, at our option, redeem all or a portion of these notes at a redemption price equal to the outstanding principal amount of these notes, plus accrued and unpaid interest, plus the make-whole amount set forth in the indenture which governs these notes, as supplemented, or our 2025 Notes Indenture. Prior to June 15, 2022, we may also, at our option, redeem up to 40% of the aggregate principal amount of these notes with the net proceeds of certain equity offerings at the redemption price set forth in the 2025 Notes Indenture, so long as at least 50% of the original aggregate principal amount of these notes remains outstanding after each such redemption. In addition, we have the option to redeem all or a portion of these notes at any time on or after June 15, 2022 at the redemption prices set forth in the 2025 Notes Indenture. We used the net proceeds from this offering to prepay in full our $250,000 term loan which was scheduled to mature in June 2020 and to reduce amounts outstanding under our revolving credit facility. The weighted average interest rate under our $250,000 term loan was 2.4% for the period from January 1, 2020 to June 2, 2020. As a result of the repayment of our $250,000 term loan, we recorded a loss on early extinguishment of debt of $26 for the year ended December 31, 2020. In February 2021, we issued $500,000 aggregate principal amount of our 4.375% senior notes due 2031 in an underwritten public offering raising net proceeds of $491,357, after deducting estimated offering expenses and underwriters' discounts. These notes are guaranteed by all of our subsidiaries, except for certain excluded subsidiaries, including pledged subsidiaries under our credit agreement and require semi-annual interest payments through maturity. We used the net proceeds from this offering to prepay in full in February 2021 our $200,000 term loan which was scheduled to mature in September 2022. The weighted average interest rate under our $200,000 term loan was 2.9% for the period from January 1, 2021 to February 7, 2021 and 2.7% and 3.7% for the years ended December 31, 2020 and 2019, respectively. As a result of the prepayment of our $200,000 term loan, we recorded a loss on early extinguishment of debt of $1,477 for the year ended December 31, 2021. In June 2021, we used the remaining net proceeds from this offering and cash on hand to redeem all of our outstanding 6.75% senior notes due 2021 for a redemption price equal to the principal amount of $300,000 plus accrued and unpaid interest of $10,125, when these notes became redeemable with no prepayment premium. In connection with this redemption, we recorded a loss on early extinguishment of debt of $370 for the year ended December 31, 2021. Interest on our senior unsecured notes are payable either semi-annually or quarterly in arrears; however, no principal repayments are due until maturity. Required monthly payments on our mortgages include principal and interest. Payments under our finance leases are due monthly. We include amortization of finance lease assets in depreciation and amortization expense. Our credit agreement and our senior unsecured notes indentures and their supplements provide for acceleration of payment of all amounts due thereunder upon the occurrence and continuation of certain events of default, such as, in the case of our credit agreement, a change of control of us, as defined, which includes RMR LLC ceasing to act as our business and property manager. Our credit agreement and our senior unsecured notes indentures and their supplements also contain covenants, including covenants that restrict our ability to incur debts, and generally require us to maintain certain financial ratios, and our credit agreement restricts our ability to make distributions under certain circumstances. As of December 31, 2021, our ratio of consolidated income available for debt service to debt service was below the 1.5x incurrence requirement under our revolving credit facility and our public debt covenants as the effects of the COVID-19 pandemic continued to adversely impact our operations. We are currently unable to incur additional debt because this ratio is below 1.5x on a pro forma basis. We believe we were in compliance with the remaining terms and conditions of the respective covenants under our credit agreement and our senior unsecured notes indentures and their supplements at December 31, 2021. Although we have taken steps to enhance our ability to maintain sufficient liquidity, a protracted negative impact on the economy or the industries in which our properties and businesses operate resulting from the COVID-19 pandemic may cause increased pressure on our ability to satisfy financial and other covenants. Continued availability of borrowings under our revolving credit facility is subject to our satisfying certain financial covenants and other credit facility conditions. If our operating results and financial condition are significantly negatively impacted by economic conditions or otherwise, we may fail to satisfy covenants and conditions under our credit agreement or fail to satisfy our public debt covenants. Required principal payments on our outstanding debt as of December 31, 2021, are as follows: Year Principal Payment 2022 $ 39,067 2023 816,413 2024 251,834 2025 1,002,001 2026 904 Thereafter 1,608,916 (1) (1) The carrying value of our total debt outstanding as of December 31, 2021, including unamortized debt issuance costs, premiums and discounts was $3,676,524.

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities	Fair Value of Assets and LiabilitiesThe following table presents certain of our assets that are measured at fair value at December 31, 2021 and 2020, categorized by the level of inputs as defined in the fair value hierarchy under GAAP, used in the valuation of each asset. As of December 31, 2021 As of December 31, 2020 Description Carrying Amount Fair Value Carrying Amount Fair Value Recurring Fair Value Measurement Assets: Investment in AlerisLife (Level 1) (1) $ 31,540 $ 31,540 $ 73,772 $ 73,772 Investment in unconsolidated joint venture (Level 3) (2) $ 215,127 $ 215,127 $ — $ — (1) Our 10,691,658 shares of common stock of AlerisLife are included in investments in equity securities in our consolidated balance sheets, and are reported at fair value, which is based upon quoted market prices on Nasdaq (Level 1 inputs). During the years ended December 31, 2021 and 2020, we recorded an unrealized loss of $42,232 and an unrealized gain of $34,106, respectively, which are included in gains and losses on equity securities, net in our consolidated statements of comprehensive income (loss), to adjust the carrying value of our investment in AlerisLife common shares to their fair value. See Notes 2 and 8 for further information about our investment in AlerisLife. (2) We own a 20% equity interest in a joint venture that owns a life science property located in Boston, Massachusetts and is included in investment in unconsolidated joint venture in our consolidated balance sheet, and is reported at fair value, which is based on significant unobservable inputs (Level 3 inputs). The significant unobservable inputs used in the fair value are a discount rate of 5.58%, an exit capitalization rate of 5.25% and a holding period of approximately 10 years and market rents. The assumptions are based on the location, type and nature of the property, and current and anticipated market conditions, which are derived from appraisers, industry publications and our experience. See Note 3 for further information regarding this joint venture. In addition to the assets described in the table above, our financial instruments at December 31, 2021 and December 31, 2020 included cash and cash equivalents, restricted cash, other assets, our revolving credit facility, our previously existing $200,000 term loan, senior unsecured notes, secured debt and finance leases and other unsecured obligations and liabilities. The fair values of these financial instruments approximated their carrying values in our consolidated financial statements as of such dates, except as follows: As of December 31, 2021 As of December 31, 2020 Description Carrying Amount (1) Estimated Fair Value Carrying Amount (1) Estimated Fair Value Senior unsecured notes, 6.750% coupon rate, due 2021 $ — $ — $ 299,273 $ 303,891 Senior unsecured notes, 4.750% coupon rate, due 2024 249,348 257,695 249,068 256,258 Senior unsecured notes, 9.750% coupon rate, due 2025 987,903 1,081,990 984,359 1,135,800 Senior unsecured notes, 4.750% coupon rate, due 2028 492,199 491,480 490,925 502,648 Senior unsecured notes, 4.375% coupon rate, due 2031 492,127 480,763 — — Senior unsecured notes, 5.625% coupon rate, due 2042 342,183 309,260 341,802 330,120 Senior unsecured notes, 6.250% coupon rate, due 2046 243,051 226,500 242,762 245,000 Secured debts (2) 69,713 71,963 691,573 716,185 $ 2,876,524 $ 2,919,651 $ 3,299,762 $ 3,489,902 (1) Includes unamortized net debt issuance costs, premiums and discounts. (2) We assumed certain of these secured debts in connection with our acquisition of certain properties. We recorded the assumed mortgage notes at estimated fair value on the date of acquisition and we are amortizing the fair value adjustments, if any, to interest expense over the respective terms of the mortgage notes to adjust interest expense to the estimated market interest rates as of the date of acquisition. We estimated the fair value of our two issuances of senior unsecured notes due 2042 and 2046 based on the closing price on Nasdaq (Level 1 input) as of December 31, 2021. We estimated the fair values of our four issuances of senior unsecured notes due 2024, 2025, 2028 and 2031 using an average of the bid and ask price on Nasdaq on or about December 31, 2021 (Level 2 inputs as defined in the fair value hierarchy under GAAP). We estimated the fair values of our secured debts by using discounted cash flows analyses and currently prevailing market terms as of the measurement date (Level 3 inputs as defined in the fair value hierarchy under GAAP). Because Level 3 inputs are unobservable, our estimated fair values may differ materially from the actual fair values.

Noncontrolling Interest

Noncontrolling Interest	12 Months Ended
	Dec. 31, 2021
Noncontrolling Interest [Abstract]
Noncontrolling Interest	Noncontrolling InterestIn March 2017, we entered into a joint venture arrangement with an institutional investor for one of our life science properties located in Boston, Massachusetts. The investor owned a 45% equity interest in the joint venture, and we owned the remaining 55% equity interest in the joint venture. We determined that, while we owned a 55% equity interest in this joint venture, this joint venture was a VIE and that we controlled the activities that most significantly impacted the economic performance of this entity; we therefore consolidated this property in our financial statements until we sold an additional 35% equity interest in the joint venture in December 2021 to another third party global institutional investor. After giving effect to the sale, we continue to own a 20% equity interest in this joint venture, but have determined that we are no longer the primary beneficiary. Effective as of the date of the sale, we deconsolidated this joint venture and we now account for this joint venture using the equity method of accounting under the fair value option. The portion of the joint venture's net income and comprehensive income not attributable to us, or $5,411, $5,146 and $5,356 for the years ended December 31, 2021, 2020 and 2019, respectively, is reported as a noncontrolling interest in our consolidated statements of comprehensive income (loss). The joint venture made aggregate cash distributions to the other joint venture investor of $22,348, $22,292 and $21,583 for the years ended December 31, 2021, 2020 and 2019, respectively, which are reflected as a decrease in total equity attributable to noncontrolling interest in our consolidated balance sheets.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting In connection with the 2020 Restructuring Transaction, we determined to redefine our reportable segments to better reflect our current operating environment. As of December 31, 2021, we operate in, and report financial information for, the following two segments: Office Portfolio and SHOP. We aggregate each of these two reporting segments based on their similar operating and economic characteristics. Our Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants. Our SHOP segment consists of managed senior living communities that provide short term and long term residential living and in some instances care and other services for residents where we pay fees to managers to operate the communities. In addition, prior to January 1, 2020, our SHOP segment included triple net leased senior living communities that provided short term and long term residential living and in some instances care and other services for residents and from which we received rents from Five Star. Pursuant to the 2020 Restructuring Transaction, effective January 1, 2020, our previously existing master leases and management and pooling agreements with Five Star were terminated and replaced with new management agreements and a related omnibus agreement, which agreements were later replaced in June 2021. Prior periods have been recast to reflect these reportable segments for all periods presented. We also report “non-segment” operations, which consists of triple net leased senior living communities, that are leased to third party operators from which we receive rents, and wellness centers, which we do not consider to be sufficiently material to constitute a separate reporting segment, and any other income or expenses that are not attributable to a specific reporting segment. For the Year Ended December 31, 2021 Office Portfolio SHOP Non-Segment Consolidated Revenues: Rental income $ 367,597 $ — $ 40,992 $ 408,589 Residents fees and services — 974,623 — 974,623 Total revenues 367,597 974,623 40,992 1,383,212 Expenses: Property operating expenses 127,313 964,499 — 1,091,812 Depreciation and amortization 127,632 132,044 11,455 271,131 General and administrative — — 34,087 34,087 Acquisition and certain other transaction related costs — — 17,506 17,506 Impairment of assets — (174) — (174) Total expenses 254,945 1,096,369 63,048 1,414,362 Gain on sale of properties 492,072 200 — 492,272 Losses on equity securities, net — — (42,232) (42,232) Interest and other income — 19,554 1,081 20,635 Interest expense (23,477) (2,089) (230,193) (255,759) Loss on early extinguishment of debt — — (2,410) (2,410) Income (loss) from continuing operations before income tax expense 581,247 (104,081) (295,810) 181,356 Income tax expense — — (1,430) (1,430) Net income (loss) 581,247 (104,081) (297,240) 179,926 Net income attributable to noncontrolling interest (5,411) — — (5,411) Net income (loss) attributable to common shareholders $ 575,836 $ (104,081) $ (297,240) $ 174,515 As of December 31, 2021 Office Portfolio SHOP Non-Segment Consolidated Total assets $ 2,282,652 $ 2,995,819 $ 1,345,043 $ 6,623,514 For the Year Ended December 31, 2020 Office Portfolio SHOP Non-Segment Consolidated Revenues: Rental income $ 383,365 $ — $ 43,850 $ 427,215 Residents fees and services — 1,204,811 — 1,204,811 Total revenues 383,365 1,204,811 43,850 1,632,026 Expenses: Property operating expenses 129,756 1,106,601 — 1,236,357 Depreciation and amortization 129,321 129,124 11,702 270,147 General and administrative — — 30,593 30,593 Acquisition and certain other transaction related costs — — 814 814 Impairment of assets 8,558 98,414 — 106,972 Total expenses 267,635 1,334,139 43,109 1,644,883 Gain (loss) on sale of properties 2,597 (627) 4,517 6,487 Gains on equity securities, net — — 34,106 34,106 Interest and other income — 17,485 736 18,221 Interest expense (24,188) (2,223) (175,072) (201,483) Gain on lease termination — — 22,896 22,896 Loss on early extinguishment of debt (401) — (26) (427) Income (loss) from continuing operations before income tax expense 93,738 (114,693) (112,102) (133,057) Income tax expense — — (1,250) (1,250) Net income (loss) 93,738 (114,693) (113,352) (134,307) Net income attributable to noncontrolling interest (5,146) — — (5,146) Net income (loss) attributable to common shareholders $ 88,592 $ (114,693) $ (113,352) $ (139,453) As of December 31, 2020 Office Portfolio SHOP Non-Segment Consolidated Total assets $ 3,092,289 $ 2,912,570 $ 471,565 $ 6,476,424 For the Year Ended December 31, 2019 Office Portfolio SHOP Non-Segment Consolidated Revenues: Rental income $ 405,016 $ 137,898 $ 63,644 $ 606,558 Residents fees and services — 433,597 — 433,597 Total revenues 405,016 571,495 63,644 1,040,155 Expenses: Property operating expenses 132,348 356,722 — 489,070 Depreciation and amortization 137,611 132,637 18,777 289,025 General and administrative — — 37,028 37,028 Acquisition and certain other transaction related costs — — 13,102 13,102 Impairment of assets 43,035 65,822 6,344 115,201 Total expenses 312,994 555,181 75,251 943,426 Gain on sale of properties 6,617 15,207 17,872 39,696 Dividend income — — 1,846 1,846 Losses on equity securities, net — — (41,898) (41,898) Interest and other income — — 941 941 Interest expense (24,399) (3,058) (152,655) (180,112) Loss on early extinguishment of debt — (17) (27) (44) Income (loss) from continuing operations before income tax expense and equity in earnings of an investee 74,240 28,446 (185,528) (82,842) Income tax expense — — (436) (436) Equity in earnings of an investee — — 400 400 Net income (loss) 74,240 28,446 (185,564) (82,878) Net income attributable to noncontrolling interest (5,356) — — (5,356) Net income (loss) attributable to common shareholders $ 68,884 $ 28,446 $ (185,564) $ (88,234) As of December 31, 2019 Office Portfolio SHOP Non-Segment Consolidated Total assets $ 3,165,577 $ 3,044,989 $ 443,260 $ 6,653,826

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our provision for income taxes consists of the following: For the Year Ended December 31, 2021 2020 2019 Current: Federal $ 200 $ — $ — State 1,230 1,250 436 1,430 1,250 436 Deferred: Federal — — — State — — — — — — Income tax provision $ 1,430 $ 1,250 $ 436 A reconciliation of our effective tax rate and the U.S. federal statutory income tax rate is as follows: For the Year Ended December 31, 2021 2020 2019 Taxes at statutory U.S. federal income tax rate 21.0 % 21.0 % 21.0 % Nontaxable income (21.0) % (21.0) % (21.0) % Federal excise tax 0.1 % — % — % State and local income taxes, net of federal tax benefit 0.8 % (1.3) % 0.5 % Effective tax rate 0.9 % (1.3) % 0.5 % Deferred income tax balances reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities in our consolidated balance sheets and the amounts used for income tax purposes and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. Significant components of our deferred tax assets and liabilities are as follows: For the Year Ended December 31, 2021 2020 Deferred tax assets: Deferred income $ 2,132 $ 3,252 Fair market value adjustment 1,577 10,856 Other 784 758 Tax loss carryforwards 25,829 28,358 30,322 43,224 Valuation allowance (30,322) (43,224) — — Net deferred income taxes $ — $ — Because of our TRSs' history of losses, we are not able to conclude that it is more likely than not we will realize the future benefit of our deferred tax assets; thus we have provided a 100% valuation allowance as of December 31, 2021 and 2020. If and when we believe it is more likely than not that we will recover our deferred tax assets, we will reverse the valuation allowance as an income tax benefit in our consolidated statements of comprehensive income (loss). As of December 31, 2021, our consolidated TRSs had net operating loss carry forwards for federal income tax purposes of approximately $103,682, which do not expire. As of December 31, 2021, we, excluding our subsidiaries, had net operating loss carry forwards for federal income tax purposes of approximately $141,160, which do not expire. In the normal course of business, income tax authorities in various income tax jurisdictions conduct routine audits of our income tax returns filed in prior years. Income tax years subsequent to 2016 may be open to examination in some of the income tax jurisdictions in which we operate.

Weighted Average Common Shares

Weighted Average Common Shares	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Weighted Average Common Shares	Weighted Average Common Shares The following table provides a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per share (in thousands): Year Ended December 31, 2021 2020 2019 Weighted average common shares for basic earnings per share 237,967 237,739 237,604 Effect of dilutive securities: restricted share awards — — — Weighted average common shares for diluted earnings per share (1) 237,967 237,739 237,604 (1) For the years ended December 31, 2021, 2020 and 2019, 60, 223 and 36, respectively, of our unvested common shares were not included in the calculation of diluted earnings per share because to do so would have been antidilutive.

SCHEDULE III REAL ESTATE AND AC

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
	Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION	Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 2184 Parkway Lake Drive Birmingham AL $— $580 $5,980 $2,576 $— $— $580 $8,556 $9,136 $2,597 8/1/2008 2001 2634 Valleydale Road Birmingham AL — 600 7,574 2,333 — (83) 1,559 8,865 10,424 2,905 8/1/2008 2000 2021 Dahlke Drive NE Cullman AL — 287 3,415 853 — (301) 287 3,967 4,254 1,516 11/19/2004 1998 101 Tulip Lane Dothan AL — 3,543 14,619 608 — — 3,543 15,227 18,770 2,111 12/27/2017 2000 49 Hughes Road Madison AL — 334 3,981 1,225 — (243) 334 4,963 5,297 1,900 11/19/2004 1998 200 Terrace Lane Priceville AL — 1,300 9,447 843 — (110) 1,365 10,115 11,480 2,791 2/1/2012 2006 413 Cox Boulevard Sheffield AL — 394 4,684 942 — (294) 394 5,332 5,726 2,109 11/19/2004 1998 2435 Columbiana Road Vestavia Hills AL — 843 23,472 2,722 — — 902 26,135 27,037 5,477 7/12/2016 1991 4461 N Crossover Road Fayetteville AR — 733 10,432 293 — — 733 10,725 11,458 2,037 5/1/2015 2011 4210 S Caraway Road Jonesboro AR — 653 9,515 370 — — 653 9,885 10,538 1,871 5/1/2015 2008 672 Jones Road Springdale AR — 572 9,364 1,193 — — 572 10,557 11,129 1,948 5/1/2015 2007 13840 North Desert Harbor Drive Peoria AZ — 2,687 15,843 8,569 — (2,252) 2,693 22,154 24,847 9,634 1/11/2002 1990 11209 N. Tatum Boulevard Phoenix AZ — 1,380 6,349 4,757 — (303) 1,573 10,610 12,183 2,945 9/30/2011 1987 2444 West Las Palmaritas Drive Phoenix AZ — 3,820 6,669 2,979 — — 3,831 9,637 13,468 2,018 12/22/2010 1982 4121 East Cotton Center Phoenix AZ — 5,166 12,724 541 — — 5,205 13,226 18,431 2,292 1/29/2015 2000 3850 North US Hwy 89 (5) Prescott AZ 15,204 2,017 17,513 7,786 — — 2,017 25,299 27,316 2,723 2/1/2018 1986 6001 East Thomas Road Scottsdale AZ — 941 8,807 5,373 — (367) 946 13,808 14,754 7,738 9/1/2012 1990 7090 East Mescal Street Scottsdale AZ — 2,315 13,650 12,755 — (2,094) 2,349 24,277 26,626 9,498 1/11/2002 1984 17225 North Boswell Boulevard Sun City AZ — 1,189 10,569 3,218 — (517) 1,189 13,270 14,459 7,971 9/1/2012 1990 14001 W. Meeker Boulevard Sun City West AZ — 395 3,307 — — (192) 395 3,115 3,510 1,469 2/28/2003 1998 1415 West 3rd Street Tempe AZ — 2,186 13,446 3,721 — — 4,896 14,457 19,353 2,405 1/29/2015 1981 2500 North Rosemont Boulevard Tucson AZ — 4,429 26,119 8,041 — (3,141) 4,576 30,872 35,448 14,140 1/11/2002 1989 710 North Euclid Anaheim CA — 2,850 6,964 2,215 (1,350) (2,405) 2,518 5,756 8,274 449 7/9/2008 1992 5000 Marina Boulevard Brisbane CA — 7,957 13,430 745 — — 7,957 14,175 22,132 1,547 11/14/2017 2000 5770 Armada Drive (5) Carlsbad CA 10,479 3,875 18,543 — — — 3,875 18,543 22,418 3,207 1/29/2015 1997 1350 South El Camino Real Encinitas CA — 1,510 18,042 2,372 — (53) 1,517 20,354 21,871 6,455 3/31/2008 1999 47201 Lakeview Boulevard Fremont CA — 3,200 10,177 36 — — 3,200 10,213 13,413 2,626 9/30/2011 1990 47211/47215 Lakeview Boulevard Fremont CA — 3,750 12,656 3,732 — — 3,750 16,388 20,138 3,265 9/30/2011 1985 47900 Bayside Parkway Fremont CA — 4,580 10,370 2,203 — — 4,580 12,573 17,153 2,901 9/30/2011 1991 577 South Peach Street Fresno CA — 738 2,577 4,175 — (211) 738 6,541 7,279 2,758 12/28/1990 1963 6075 North Marks Avenue Fresno CA — 880 12,751 938 — — 889 13,680 14,569 4,546 3/31/2008 1996 8631 West 3rd Street Los Angeles CA — 24,640 88,277 18,122 — (908) 25,391 104,740 130,131 28,026 11/22/2010 1979 8635 West 3rd Street Los Angeles CA — 24,640 90,352 15,367 — (764) 25,331 104,264 129,595 28,178 11/22/2010 1979 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 1319 Brookside Avenue Redlands CA — 1,770 9,982 1,361 — — 1,770 11,343 13,113 3,640 3/31/2008 1999 110 Sterling Court Roseville CA — 1,620 10,262 2,245 — — 1,620 12,507 14,127 3,905 3/31/2008 1998 16925 & 16916 Hierba Drive San Diego CA — 9,142 53,904 20,060 — (6,938) 9,180 66,988 76,168 29,785 1/11/2002 1987 3030 Science Park San Diego CA — 2,466 46,473 29,559 — — 2,466 76,032 78,498 15,054 8/6/2009 1986 3040 Science Park San Diego CA — 1,225 23,077 22,654 — — 1,225 45,731 46,956 7,593 8/6/2009 1986 3050 Science Park San Diego CA — 1,508 28,753 24,549 — — 1,508 53,302 54,810 9,303 8/6/2009 1986 2904 Orchard Parkway San Jose CA — 10,788 8,890 2,621 — — 10,804 11,495 22,299 1,860 1/25/2018 1979 3530 Deer Park Drive Stockton CA — 670 14,419 2,079 — — 682 16,486 17,168 5,299 3/31/2008 1999 877 East March Lane Stockton CA — 1,176 11,171 6,892 — (1,885) 1,411 15,943 17,354 6,648 9/30/2003 1988 28515 Westinghouse Place Valencia CA — $4,669 41,440 20 — — 4,689 41,440 46,129 7,169 1/29/2015 2008 1866 San Miguel Drive Walnut Creek CA — $2,010 9,290 5,415 — (930) 3,417 12,368 15,785 3,178 12/1/2011 1996 1950 South Dayton Street Aurora CO — $3,062 46,195 3,601 — — 3,120 49,738 52,858 9,725 5/1/2015 1987 515 Fairview Avenue Canon City CO — $292 6,228 2,000 (3,512) (517) 299 4,192 4,491 1,969 9/26/1997 1970 110 West Van Buren Street Colorado Springs CO — $245 5,236 3,170 (3,031) (701) 245 4,674 4,919 1,771 9/26/1997 1972 3920 East San Miguel Street Colorado Springs CO — $1,380 8,894 4,218 — (34) 1,612 12,846 14,458 3,673 7/31/2012 1977 2050 South Main Street Delta CO — $167 3,570 1,461 — (415) 167 4,616 4,783 2,411 9/26/1997 1963 2501 Little Bookcliff Drive Grand Junction CO — $204 3,875 2,210 — (908) 207 5,174 5,381 3,029 12/30/1993 1968 2825 Patterson Road Grand Junction CO — $173 2,583 3,293 — (786) 173 5,090 5,263 2,732 12/30/1993 1978 1599 Ingalls Street Lakewood CO — $232 3,766 4,094 — (860) 232 7,000 7,232 4,294 12/28/1990 1972 5555 South Elati Street Littleton CO — $185 5,043 4,277 — (1,068) 191 8,246 8,437 4,899 12/28/1990 1965 8271 South Continental Divide Road Littleton CO — $400 3,507 — — (202) 400 3,305 3,705 1,559 2/28/2003 1998 9005 Grant Street Thornton CO — $961 10,867 1,179 — — 1,269 11,738 13,007 2,640 12/28/2012 2001 7809 W. 38th Avenue Wheat Ridge CO — $470 3,373 88 — — 475 3,456 3,931 993 4/1/2010 2004 40 Sebethe Drive Cromwell CT — $570 5,304 1,787 — (424) 596 6,641 7,237 1,747 12/22/2010 1998 1145 19th Street NW Washington DC — $13,600 24,880 36,435 — (597) 13,600 60,718 74,318 12,553 5/20/2009 1976 2141 K Street, NW Washington DC — $13,700 8,400 5,442 — (518) 13,700 13,324 27,024 4,420 12/22/2008 1966 255 Possum Park Road Newark DE — $2,010 11,852 8,039 — (1,759) 2,761 17,381 20,142 7,010 1/11/2002 1982 4175 Ogletown Stanton Rd Newark DE — $1,500 19,447 1,639 — — 1,563 21,023 22,586 7,180 3/31/2008 1998 1212 Foulk Road Wilmington DE — $1,179 6,950 2,603 — (1,310) 1,202 8,220 9,422 3,869 1/11/2002 1974 1912 Marsh Road Wilmington DE — 4,365 25,739 7,498 — (2,293) 4,431 30,878 35,309 13,640 1/11/2002 1988 2723 Shipley Road Wilmington DE — 869 5,126 5,327 — (1,726) 978 8,618 9,596 3,729 1/11/2002 1989 407 Foulk Road Wilmington DE — 38 227 2,763 — (433) 84 2,511 2,595 731 1/11/2002 1965 22601 Camino Del Mar Boca Raton FL — 3,200 46,800 7,802 — (1,816) 3,204 52,782 55,986 13,932 12/15/2011 1990 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 1325 S Congress Avenue Boynton Beach FL — 1,620 5,341 1,717 — (121) 1,628 6,929 8,557 1,660 7/27/2012 1985 1425 Congress Avenue Boynton Beach FL — 2,390 14,768 3,827 — (721) 2,390 17,874 20,264 5,041 8/9/2011 1994 1416 Country Club Blvd. Cape Coral FL — 400 2,907 — — (173) 400 2,734 3,134 1,290 2/28/2003 1998 8500 Royal Palm Boulevard Coral Springs FL — 3,410 20,104 32,030 — (3,859) 3,421 48,264 51,685 17,262 1/11/2002 1984 1208 South Military Trail Deerfield Beach FL — 1,690 14,972 32,207 — (2,251) 1,777 44,841 46,618 17,974 10/1/2012 1986 3001 DC Country Club Boulevard Deerfield Beach FL — 3,196 18,848 22,290 — (2,813) 3,222 38,299 41,521 14,935 1/11/2002 1990 12780 Kenwood Lane Fort Myers FL — 369 2,174 3,709 — (444) 859 4,949 5,808 2,054 1/11/2002 1990 2525 First Street Fort Myers FL — 2,385 21,137 23,381 — (1,322) 2,577 43,004 45,581 20,860 10/1/2012 1984 1825 Ridgewood Avenue Holly Hill FL — 700 16,700 3,261 (2,636) (4,649) 684 12,692 13,376 1,640 7/22/2011 1926/2006 2480 North Park Road Hollywood FL — 4,500 40,500 19,755 — (1,637) 4,556 58,562 63,118 15,903 12/15/2011 1986 8901 Tamiami Trail East Naples FL — 3,200 2,898 15,068 — (837) 3,200 17,129 20,329 5,631 8/31/2006 1984 12780 Waterford Lakes Parkway Orlando FL — 977 3,946 579 — — 1,052 4,450 5,502 854 12/18/2013 2002 1603 S. Hiawassee Road Orlando FL — 488 2,621 352 — (81) 488 2,892 3,380 569 12/18/2013 2003 1825 N. Mills Avenue Orlando FL — 519 1,799 415 — — 580 2,153 2,733 763 12/22/2008 1997 1911 N. Mills Avenue Orlando FL — 1,946 7,197 866 — (538) 2,042 7,429 9,471 2,386 12/22/2008 1997 1925 N. Mills Avenue Orlando FL — 135 532 252 — — 199 720 919 292 12/22/2008 1997 250 N. Alafaya Trail Orlando FL — 967 4,362 389 — — 967 4,751 5,718 979 12/18/2013 1999 45 Katherine Boulevard Palm Harbor FL — 3,379 29,945 9,045 — (816) 3,392 38,161 41,553 24,079 10/1/2012 1992 900 West Lake Road Palm Harbor FL — 3,449 20,336 11,916 — (3,160) 3,493 29,048 32,541 12,465 1/11/2002 1989 8500 West Sunrise Boulevard Plantation FL — 4,700 24,300 10,999 — (2,475) 4,717 32,807 37,524 9,850 12/15/2011 1989 1371 South Ocean Boulevard Pompano Beach FL — 2,500 15,500 15,927 — (1,564) 2,560 29,803 32,363 8,891 12/15/2011 1991 2701 North Course Drive Pompano Beach FL — 7,700 2,127 41,511 — (2,332) 7,700 41,306 49,006 14,027 8/31/2006 1985 20480 Veterans Boulevard Port Charlotte FL — 400 11,934 2,107 — (550) 440 13,451 13,891 4,090 7/22/2011 1996 1699 S.E. Lyngate Drive Port St. Lucie FL — 1,242 11,009 4,799 — (269) 1,249 15,532 16,781 9,152 10/1/2012 1993 501 N.W. Cashmere Boulevard Port St. Lucie FL — 890 9,345 2,911 — (135) 1,673 11,338 13,011 3,142 7/22/2011 2007 900 South Harbour Island Blvd. Tampa FL — 4,850 6,349 7 — — 4,850 6,356 11,206 2,257 10/30/2007 1986 111 Executive Center Drive West Palm Beach FL — 2,061 12,153 20,856 — (2,982) 2,075 30,013 32,088 10,227 1/11/2002 1988 2351 Cedarcrest Road Acworth GA — 2,000 6,674 618 — — 2,000 7,292 9,292 1,363 5/1/2016 2014 1200 Bluegrass Lakes Parkway Alpharetta GA — 1,689 15,936 142 — — 1,761 16,006 17,767 2,762 1/29/2015 2001 855 North Point Pkwy Alpharetta GA — 5,390 26,712 — — — 5,390 26,712 32,102 8,931 8/21/2008 2006 253 N. Main Street Alpharetta GA — 1,325 12,377 1,170 — (64) 1,221 13,587 14,808 2,591 5/1/2015 1997 1291 Cedar Shoals Drive Athens GA — 337 4,006 1,615 — (290) 368 5,300 5,668 1,918 11/19/2004 1998 1515 Sheridan Road Atlanta GA — 5,800 9,305 3 — — 5,800 9,308 15,108 3,286 11/30/2007 1978 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 240 Marietta Highway Canton GA — 806 8,555 2,397 — (55) 806 10,897 11,703 2,510 10/1/2013 1997 4500 South Stadium Drive Columbus GA — 294 3,505 946 — (225) 298 4,222 4,520 1,550 11/19/2004 1999 1352 Wellbrook Circle Conyers GA — 342 4,068 1,769 (1,366) (2,032) 206 2,575 2,781 70 11/19/2004 1997 1501 Milstead Road Conyers GA — 750 7,796 712 — — 777 8,481 9,258 2,498 9/30/2010 2008 3875 Post Road Cumming GA — 954 12,796 248 — — 960 13,038 13,998 2,638 5/1/2015 2007 4960 Jot Em Down Road Cumming GA — 1,548 18,666 13,033 — (257) 3,416 29,574 32,990 6,913 8/1/2013 2011 5610 Hampton Park Drive Cumming GA — 3,479 14,771 233 — — 3,481 15,002 18,483 3,071 9/3/2015 2014 7955 Majors Road Cumming GA — 1,325 7,770 904 — — 1,325 8,674 9,999 1,645 5/1/2015 2009 2470 Dug Gap Road Dalton GA — 262 3,119 1,285 — (133) 262 4,271 4,533 1,515 11/19/2004 1997 101 West Ponce De Leon Avenue Decatur GA — 3,500 13,179 2,145 — — 3,500 15,324 18,824 3,185 5/30/2012 1992 2801 North Decatur Road Decatur GA — 3,100 4,436 2,533 — — 3,260 6,809 10,069 2,148 7/9/2008 1986 114 Penland Street Ellijay GA — 496 7,107 1,455 — (157) 496 8,405 8,901 1,765 10/1/2013 2008 353 North Belair Road Evans GA — 230 2,663 1,326 — (244) 230 3,745 3,975 1,333 11/19/2004 1998 1294 Highway 54 West Fayetteville GA — 853 9,903 1,324 — — 943 11,137 12,080 2,170 5/1/2015 1999 2435 Limestone Parkway Gainesville GA — 268 3,186 1,621 — (224) 268 4,583 4,851 1,585 11/19/2004 1998 3315 Thompson Bridge Road Gainesville GA — 934 30,962 1,937 — — 956 32,877 33,833 6,319 5/1/2015 1999 5373 Thompson Mill Road Hoschton GA — 944 12,171 216 — — 959 12,372 13,331 2,404 5/1/2015 2011 8080 Summit Business Parkway Jonesboro GA — 1,800 20,664 4,460 — (456) 1,800 24,668 26,468 7,010 6/20/2011 2007 6191 Peake Road Macon GA — 183 2,179 1,329 (848) (1,142) 110 1,591 1,701 47 11/19/2004 1998 1360 Upper Hembree Road Roswell GA — 1,080 6,138 752 — — 1,067 6,903 7,970 1,555 5/7/2012 2007 1 Savannah Square Drive Savannah GA — 1,200 19,090 7,990 (6,993) (8,926) 835 11,526 12,361 510 10/1/2006 1987 5200 Habersham Street Savannah GA — 800 7,800 2,096 (3,082) (2,627) 476 4,511 4,987 100 6/23/2011 2005 7410 Skidaway Road Savannah GA — 400 5,670 1,957 (1,870) (2,626) 252 3,279 3,531 106 11/1/2006 1989 2078 Scenic Highway Snellville GA — 870 4,030 1,517 — (256) 870 5,291 6,161 1,318 12/10/2009 1997 475 Country Club Drive Stockbridge GA — 512 9,560 1,047 — — 551 10,568 11,119 2,097 5/1/2015 1998 1300 Montreal Road Tucker GA — 690 6,210 2,142 — (469) 694 7,879 8,573 2,776 6/3/2005 1997 1100 Ward Avenue Honolulu HI — $11,200 55,618 7,232 — (71) 11,247 62,732 73,979 15,341 6/18/2012 1961 2340 West Seltice Way Coeur d'Alene ID — $910 7,170 3,360 — — 1,052 10,388 11,440 2,826 7/31/2012 1993 850 Lincoln Drive Idaho Falls ID — $510 6,640 2,970 — — 760 9,360 10,120 2,484 7/31/2012 1978 1250 West Central Road Arlington Heights IL — $3,665 32,587 10,441 — (385) 3,781 42,527 46,308 26,487 11/1/2012 1986 1450 Busch Parkway Buffalo Grove IL — $3,800 11,456 929 — — 3,815 12,370 16,185 3,548 9/16/2010 2009 2601 Patriot Boulevard Glenview IL — $2,285 9,593 — — — 2,285 9,593 11,878 1,659 1/29/2015 2005 1373 D'Adrian Professional Park Godfrey IL — $281 15,088 731 — (135) 281 15,684 15,965 3,020 5/1/2015 2010 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 900 43rd Avenue Moline IL — $482 7,651 573 — (76) 482 8,148 8,630 1,515 5/1/2015 2003 / 2012 221 11th Avenue Moline IL — $161 7,244 1,513 — — 161 8,757 8,918 1,713 5/1/2015 2008 2700 14th Street Pekin IL — $171 11,475 554 — (159) 172 11,869 12,041 2,277 5/1/2015 2009 7130 Crimson Ridge Drive Rockford IL — $200 7,300 2,336 — — 1,596 8,240 9,836 2,352 5/1/2011 1999 1220 Lakeview Drive Romeoville IL — $1,120 19,582 (61) — — 1,058 19,583 20,641 6,547 8/21/2008 2005 1201 Hartman Lane Shiloh IL — $743 7,232 2,113 — — 1,237 8,851 10,088 1,461 12/8/2016 2003 900 Southwind Road Springfield IL — $300 6,744 2,304 — (403) 300 8,645 8,945 3,052 8/31/2006 1990 2705 Avenue E Sterling IL — $341 14,331 638 — — 343 14,967 15,310 2,951 5/1/2015 2008 39 Dorothy Drive Troy IL — $1,002 7,010 1,577 — — 1,002 8,587 9,589 1,416 12/8/2016 2003 100 Grand Victorian Place Washington IL — $241 12,046 416 — — 241 12,462 12,703 2,360 5/1/2015 2009 1615 Lakeside Drive Waukegan IL — $2,700 9,590 3,139 — (944) 3,478 11,007 14,485 2,967 9/30/2011 1990 1675 Lakeside Drive Waukegan IL — $2,420 9,382 2,589 — (957) 2,873 10,561 13,434 2,785 9/30/2011 1998 406 Smith Drive Auburn IN — $380 8,246 631 — (253) 524 8,480 9,004 2,766 9/1/2008 1999 6990 East County Road 100 North Avon IN — $850 11,888 1,082 — (333) 850 12,637 13,487 4,082 9/1/2008 1999 2455 Tamarack Trail Bloomington IN — $5,400 25,129 30,110 — (529) 6,339 53,771 60,110 13,131 11/1/2008 1983 2460 Glebe Street Carmel IN — $2,108 57,741 1,106 — — 2,125 58,830 60,955 10,932 5/1/2015 2008 701 East County Line Road Greenwood IN — $1,830 14,303 1,304 — (61) 1,875 15,501 17,376 4,094 12/1/2011 2007 8505 Woodfield Crossing Boulevard Indianapolis IN — 2,785 16,396 7,084 — (2,127) 2,838 21,300 24,138 9,651 1/11/2002 1986 2501 Friendship Boulevard Kokomo IN — 512 13,009 1,081 — — 512 14,090 14,602 1,725 12/27/2017 1997 603 Saint Joseph Drive Kokomo IN — 220 5,899 1,223 — (256) 220 6,866 7,086 2,139 9/1/2008 1998 1211 Longwood Drive La Porte IN — 770 5,550 1,478 — (288) 923 6,587 7,510 2,026 9/1/2008 1998 1590 West Timberview Drive Marion IN — 410 5,409 1,476 — (267) 410 6,618 7,028 1,915 9/1/2008 2000 1473 East McKay Road Shelbyville IN — 190 5,328 635 — (236) 190 5,727 5,917 1,801 9/1/2008 1999 17441 State Road 23 South Bend IN — 400 3,107 (38) — (182) 363 2,924 3,287 1,380 2/28/2003 1998 222 South 25th Street Terra Haute IN — 300 13,115 1,157 — (492) 300 13,780 14,080 4,445 9/1/2008 2005 150 Fox Ridge Drive Vincennes IN — 110 3,603 1,820 — (208) 110 5,215 5,325 1,722 9/1/2008 1985 1501 Inverness Drive Lawrence KS — 1,600 18,565 3,457 — (1,232) 1,758 20,632 22,390 5,995 10/1/2009 1988 5799 Broadmoor Street Mission KS — 1,522 7,246 1,882 — — 1,530 9,120 10,650 1,470 1/17/2017 1986 3501 West 95th Street Overland Park KS — 2,568 15,140 7,587 — (2,141) 2,580 20,574 23,154 8,677 1/11/2002 1989 6555 West 75th Street Overland Park KS — 1,274 1,126 15,505 — (1,102) 1,487 15,316 16,803 6,507 10/25/2002 1985 6700 W. 115th Street Overland Park KS — 4,503 29,387 177 — — 4,503 29,564 34,067 2,977 1/3/2018 2006 981 Campbell Lane Bowling Green KY — 365 4,345 1,844 — (203) 365 5,986 6,351 2,119 11/19/2004 1999 102 Leonardwood Drive Frankfort KY — 560 8,282 2,529 — (605) 579 10,187 10,766 3,702 8/31/2006 1989 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 4190 Lafayette Road Hopkinsville KY — 316 3,761 748 — (193) 316 4,316 4,632 1,718 11/19/2004 1999 690 Mason Headley Road (6) Lexington KY 5,355 — 10,848 13,419 — (1,389) 42 22,836 22,878 11,738 1/11/2002 1985 700 Mason Headley Road (6) Lexington KY 1,281 — 6,394 8,409 — (951) 52 13,800 13,852 6,465 1/11/2002 1980 200 Brookside Drive Louisville KY — 3,524 20,779 10,672 — (3,217) 3,549 28,209 31,758 12,173 1/11/2002 1984 1517 West Broadway Mayfield KY — 268 2,730 1,617 — (221) 268 4,126 4,394 1,567 11/19/2004 1999 1700 Elmdale Road Paducah KY — 450 5,358 1,477 — (319) 451 6,515 6,966 2,646 11/19/2004 2000 100 Neighborly Way Somerset KY — 200 4,919 701 — — 200 5,620 5,820 2,068 11/6/2006 2000 1295 Boylston Street Boston MA — 7,600 18,140 3,187 — — 7,625 21,302 28,927 6,065 1/26/2011 1930 549 Albany Street Boston MA — 4,576 45,029 — — — 4,569 45,036 49,605 9,385 8/22/2013 1895 330 Baker Avenue Concord MA — 3,775 19,906 — — — 3,775 19,906 23,681 3,442 1/29/2015 2013 4 Maguire Road Lexington MA — 3,600 15,555 19,813 (7,255) (1,003) 3,884 26,826 30,710 3,016 12/22/2008 1994 100 Hampshire Street Mansfield MA — 2,090 8,215 1,664 — — 2,486 9,483 11,969 2,665 12/22/2010 1975 15 Hampshire Street Mansfield MA — 1,360 7,326 507 — — 1,748 7,445 9,193 2,202 12/22/2010 1988 5 Hampshire Street Mansfield MA — 1,190 5,737 1,831 — (143) 1,465 7,150 8,615 2,019 12/22/2010 1988 30 New Crossing Road Reading MA — 1,443 14,153 285 — — 1,455 14,426 15,881 3,338 9/27/2012 1986 299 Cambridge Street Winchester MA — 3,218 18,988 12,424 — (1,855) 3,218 29,557 32,775 12,726 1/11/2002 1991 2717 Riva Road Annapolis MD — 1,290 12,373 1,370 — — 1,290 13,743 15,033 4,594 3/31/2008 2001 658 Boulton Street Bel Air MD — 4,750 16,504 2 — — 4,750 16,506 21,256 5,827 11/30/2007 1980 7600 Laurel Bowie Road Bowie MD — 408 3,421 1,488 — (393) 408 4,516 4,924 1,841 10/25/2002 2000 8100 Connecticut Avenue Chevy Chase MD — 15,170 92,830 12,492 — (1,924) 15,177 103,391 118,568 26,915 12/15/2011 1990 8220 Snowden River Parkway Columbia MD — 1,390 10,303 934 — — 1,390 11,237 12,627 3,811 3/31/2008 2001 700 Port Street Easton MD — 383 4,555 4,042 — (473) 394 8,113 8,507 3,169 10/25/2002 2000 3004 North Ridge Road Ellicott City MD — 1,409 22,691 11,847 — (2,505) 1,613 31,829 33,442 12,430 3/1/2004 1997 1820 Latham Drive Frederick MD — 385 3,444 1,319 — (444) 385 4,319 4,704 1,818 10/25/2002 1998 2100 Whittier Drive Frederick MD — 1,260 9,464 2,444 — — 1,260 11,908 13,168 3,871 3/31/2008 1999 10116 Sharpsburg Pike Hagerstown MD — 1,040 7,471 5,273 — — 1,044 12,740 13,784 4,317 3/31/2008 1999 4000 Old Court Road Pikesville MD — 2,000 4,974 914 — (82) 2,000 5,806 7,806 1,947 12/22/2008 1987 12725 Twinbrook Parkway Rockville MD — 6,138 6,526 683 — (148) 6,218 6,981 13,199 1,108 7/12/2017 1968 715 Benfield Road Severna Park MD — 229 9,798 2,502 — (1,103) 246 11,180 11,426 5,112 10/25/2002 1998 14400 Homecrest Road Silver Spring MD — 1,200 9,288 8,287 — (1,509) 1,207 16,059 17,266 6,477 10/25/2002 1996 801 Roeder Road Silver Spring MD — 1,900 12,858 1,956 — (326) 1,900 14,488 16,388 3,560 6/27/2012 1976 720 & 734 N. Pine Road Hampton MI — 300 2,406 — — (142) 300 2,264 2,564 1,068 2/28/2003 1998 4004 & 4012 Waldo Road Midland MI — 400 2,606 — — (162) 400 2,444 2,844 1,153 2/28/2003 1998 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 1605 & 1615 Fredericks Drive Monroe MI — 300 2,506 — — (152) 300 2,354 2,654 1,110 2/28/2003 1998 3150 & 3100 Old Centre Road Portage MI — 300 2,206 — — (133) 300 2,073 2,373 978 2/28/2003 1998 2445 & 2485 Mc Carty Road Saginaw MI — 600 5,212 — — (305) 600 4,907 5,507 2,315 2/28/2003 1998 11855 Ulysses Street NE Blaine MN — 2,774 9,276 389 — — 2,781 9,658 12,439 2,300 12/21/2012 2007 1305 Corporate Center Drive Eagan MN — 2,300 13,105 10,691 — — 2,735 23,361 26,096 5,042 12/22/2010 1986 8301 Golden Valley Road Golden Valley MN — 1,256 4,680 579 — — 1,256 5,259 6,515 803 2/10/2016 1998 8401 Golden Valley Road Golden Valley MN — 1,510 5,742 2,297 — — 1,510 8,039 9,549 1,362 2/10/2016 1998 8501 Golden Valley Road Golden Valley MN — 1,263 4,288 1,013 — — 1,263 5,301 6,564 840 2/10/2016 1998 1201 Northland Drive Mendota Heights MN — 1,220 10,208 1,257 — — 1,468 11,217 12,685 3,516 1/25/2011 1989 12700 Whitewater Drive Minnetonka MN — 5,453 8,108 8,415 — — 5,453 16,523 21,976 2,808 10/2/2017 1998 20600 South Diamond Lake Road Rogers MN — 2,760 45,789 2,809 (20,359) (15,686) 1,195 14,118 15,313 1,663 3/1/2008 1999 2200 County Road C West Roseville MN — 590 702 640 — (82) 792 1,058 1,850 306 9/30/2011 1991 4166 Lexington Avenue N Shoreview MN — 1,300 4,547 1,285 — — 1,507 5,625 7,132 1,398 5/20/2011 1988 1365 Crestridge Lane West St. Paul MN — 400 2,506 — — (292) 400 2,214 2,614 1,044 2/28/2003 1998 305 & 315 Thompson Avenue West St. Paul MN — 400 3,608 99 — (402) 400 3,305 3,705 1,559 2/28/2003 1998 5351 Gretna Road Branson MO — 743 10,973 1,015 — (227) 754 11,750 12,504 2,212 5/1/2015 2002 845 N New Ballas Court Creve Coeur MO — 1,582 16,328 1,230 — — 1,582 17,558 19,140 1,780 1/22/2018 2006 3828 College View Drive Joplin MO — 260 11,382 820 — (14) 260 12,188 12,448 3,271 8/31/2012 2003 14100 Magellan Plaza Maryland Heights MO — 3,719 37,304 4,836 — — 3,179 42,680 45,859 9,271 1/29/2015 2003 640 E Highland Avenue Nevada MO — 311 5,703 509 — — 311 6,212 6,523 1,172 5/1/2015 1997 2410 W Chesterfield Blvd Springfield MO — 924 12,772 608 — — 924 13,380 14,304 2,452 5/1/2015 1999 3540 East Cherokee Street Springfield MO — 1,084 11,339 1,160 — — 1,129 12,454 13,583 2,353 5/1/2015 1996 4700 North Hanley Road St. Louis MO — 5,166 41,587 131 — — 5,166 41,718 46,884 7,268 1/29/2015 2014 118 Alamance Road Burlington NC — 575 9,697 1,359 — (190) 575 10,866 11,441 3,048 6/20/2011 1998 1050 Crescent Green Drive Cary NC — 713 4,628 3,066 — (922) 713 6,772 7,485 2,991 10/25/2002 1999 2220 & 2230 Farmington Drive Chapel Hill NC — 800 6,414 — — (375) 800 6,039 6,839 2,849 2/28/2003 1996 2101 Runnymede Lane Charlotte NC — 2,475 11,451 1,318 — (301) 2,458 12,485 14,943 3,823 6/20/2011 1999 5920 McChesney Drive & 6101 Clarke Creek Parkway Charlotte NC — 1,320 21,750 2,350 — (1,175) 1,320 22,925 24,245 6,847 11/17/2009 1999 / 2001 500 Penny Lane NE Concord NC — 1,687 17,603 783 — — 1,687 18,386 20,073 3,226 6/29/2016 1997 1002 Highway 54 Durham NC — 595 5,200 554 — (114) 595 5,640 6,235 1,504 6/20/2011 1988 4505 Emperor Boulevard Durham NC — 1,285 16,932 687 — — 1,285 17,619 18,904 1,990 10/11/2017 2001 5213 South Alston Avenue Durham NC — 1,093 31,377 393 — — 1,093 31,770 32,863 5,452 1/29/2015 2010 2755 Union Road Gastonia NC — 1,104 17,834 1,058 — (1,133) 1,104 17,759 18,863 2,551 6/29/2016 1998 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 1001 Phifer Road Kings Mountain NC — 655 8,283 1,179 — (308) 657 9,152 9,809 2,496 6/23/2011 1998 128 Brawley School Road Mooresville NC — 595 7,305 1,379 — (369) 601 8,309 8,910 2,219 6/23/2011 1999 1309 , 1321, & 1325 McCarthy Boulevard New Bern NC — 1,245 20,898 2,886 — (159) 1,245 23,625 24,870 6,091 6/20/2011 2001/2005/2008 13150 & 13180 Dorman Road Pineville NC — 1,180 22,800 3,030 — (1,234) 1,180 24,596 25,776 7,187 11/17/2009 1998 801 Dixie Trail Raleigh NC — 3,233 17,788 1,166 — (1,114) 3,236 17,837 21,073 2,492 6/29/2016 1992 2744 South 17th Street Wilmington NC — 1,134 14,771 1,881 — — 1,139 16,647 17,786 3,554 4/18/2016 1998 1730 Parkwood Boulevard West Wilson NC — 610 14,787 1,296 — (163) 610 15,920 16,530 4,278 6/20/2011 2004/2006 17007 Elm Plaza Omaha NE — 4,680 22,022 — — — 4,680 22,022 26,702 7,363 8/21/2008 2007 3030 South 80th Street Omaha NE — 650 5,850 2,224 — (419) 650 7,655 8,305 2,729 6/3/2005 1992 490 Cooper Landing Road Cherry Hill NJ — 1,001 8,175 3,307 (6,080) (4,163) 2,240 — 2,240 — 12/29/2003 1999 1400 Route 70 Lakewood NJ — 4,885 28,803 8,222 — (2,881) 4,905 34,124 39,029 14,951 1/11/2002 1987 2 Hillside Drive Mt. Arlington NJ — 1,375 11,232 1,529 — (399) 1,393 12,344 13,737 5,366 12/29/2003 2001 655 Pomander Walk Teaneck NJ — 4,950 44,550 5,842 — (1,884) 4,984 48,474 53,458 13,437 12/15/2011 1989 10500 Academy Road NE Albuquerque NM — 3,828 22,572 9,313 — (2,228) 3,828 29,657 33,485 12,968 1/11/2002 1986 4100 Prospect Avenue NE Albuquerque NM — 540 10,105 8 — — 540 10,113 10,653 3,591 10/30/2007 1977 4300 Landau Street NE Albuquerque NM — 1,060 9,875 8 — — 1,060 9,883 10,943 3,510 10/30/2007 1973 4411 The 25 Way Albuquerque NM — 3,480 25,245 4,677 — (1,061) 3,978 28,363 32,341 8,449 12/22/2010 1970 4420 The 25 Way Albuquerque NM — 1,430 2,609 1,018 — (152) 1,614 3,291 4,905 863 12/22/2010 1970 9190 Coors Boulevard NW Albuquerque NM — 1,660 9,173 8 — — 1,660 9,181 10,841 3,260 10/30/2007 1983 2200 East Long Street Carson City NV — 622 17,900 752 — — 622 18,652 19,274 3,645 5/1/2015 2009 3201 Plumas Street Reno NV — 2,420 49,580 7,657 — (1,004) 2,420 56,233 58,653 14,353 12/15/2011 1989 6300 Eighth Avenue Brooklyn NY — 3,870 8,545 460 — — 3,870 9,005 12,875 2,877 8/8/2008 1971 4939 Brittonfield Parkway East Syracuse NY — 720 17,084 1,721 (2,826) (5,312) 900 10,487 11,387 725 9/30/2008 2001 5008 Brittonfield Parkway East Syracuse NY — 420 18,407 1,670 (3,144) (5,393) 586 11,374 11,960 700 7/9/2008 1999 200 Old County Road Mineola NY — 4,920 24,056 15,557 — (153) 4,920 39,460 44,380 10,007 9/30/2011 1971 15 North Broadway White Plains NY — 4,900 13,594 5,056 — — 4,900 18,650 23,550 5,000 1/26/2009 1952 537 Riverdale Avenue Yonkers NY — 8,460 90,561 12,905 — (392) 8,465 103,069 111,534 27,467 8/31/2012 2000 4590 Knightsbridge Boulevard Columbus OH — 3,623 27,778 17,430 — (3,682) 3,732 41,417 45,149 17,487 1/11/2002 1989 3929 Hoover Road Grove City OH — 332 3,081 1,015 — — 332 4,096 4,428 2,561 6/4/1993 1965 7555 Innovation Way Mason OH — 1,025 12,883 — — — 1,025 12,883 13,908 1,691 10/6/2016 2015 8709 S.E. Causey Avenue Portland OR — 3,303 77,428 1,738 (26,073) (9,749) 2,201 44,446 46,647 2,998 5/1/2015 1985 / 1991 71 Darlington Road Beaver Falls PA — 1,500 13,500 1,041 — (879) 1,523 13,639 15,162 5,391 10/31/2005 1997 950 Morgan Highway Clarks Summit PA — 1,001 8,233 1,192 — (277) 1,017 9,132 10,149 3,850 12/29/2003 2001 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 145 Broadlawn Drive Elizabeth PA — 696 6,304 672 (4,280) (3,017) 375 — 375 — 10/31/2005 1986 600 N. Pottstown Pike Exton PA — 1,001 8,233 2,368 — (308) 1,001 10,293 11,294 4,199 12/29/2003 2000 242 Baltimore Pike Glen Mills PA — 1,001 8,233 1,046 — (382) 1,001 8,897 9,898 3,844 12/29/2003 2001 20 Capital Drive Harrisburg PA — 397 9,333 10 — — 397 9,343 9,740 1,614 1/29/2015 2013 210 Mall Boulevard King of Prussia PA — 1,540 4,743 2,698 — — 1,934 7,047 8,981 2,255 8/8/2008 1970 216 Mall Boulevard King of Prussia PA — 880 2,871 2,378 — — 978 5,151 6,129 1,241 1/26/2011 1970 5300 Old William Penn Highway Murrysville PA — 300 2,506 — — (272) 300 2,234 2,534 1,054 2/28/2003 1998 800 Manor Drive New Britain (Chalfont) PA — 979 8,052 1,713 — (440) 981 9,323 10,304 3,902 12/29/2003 1998 7151 Saltsburg Road Penn Hills PA — 200 904 — — (103) 200 801 1,001 378 2/28/2003 1997 5750 Centre Avenue Pittsburgh PA — 3,000 11,828 4,477 — (259) 3,788 15,258 19,046 5,189 6/11/2008 1991 730 Holiday Drive Pittsburgh PA — 2,480 6,395 5,835 — (936) 2,711 11,063 13,774 2,971 12/22/2010 1985 1400 Riggs Road South Park PA — 898 8,102 1,361 (5,192) (3,499) 1,670 — 1,670 — 10/31/2005 1995 700 Northampton Street Tiffany Court (Kingston) PA — — 5,682 2,246 — (359) — 7,569 7,569 3,036 12/29/2003 1997 5250 Meadowgreen Drive Whitehall PA — 1,599 14,401 4,007 — (1,106) 1,599 17,302 18,901 6,365 10/31/2005 1987 1304 McLees Road Anderson SC — 295 3,509 1,224 — (253) 295 4,480 4,775 1,572 11/19/2004 1999 109 Old Salem Road Beaufort SC — 188 2,234 1,625 (807) (1,514) 104 1,622 1,726 96 11/19/2004 1999 1119 Pick Pocket Plantation Drive Beaufort SC — 1,200 10,810 1,531 (3,927) (3,270) 733 5,611 6,344 30 6/20/2011 2005 719 Kershaw Highway Camden SC — 322 3,697 1,777 — (376) 322 5,098 5,420 1,972 11/19/2004 1999 2333 Ashley River Road Charleston SC — 848 14,000 2,849 (7,118) (4,415) 377 5,787 6,164 565 6/20/2011 1999 320 Seven Farms Drive Charleston SC — 1,092 6,605 1,760 — (274) 1,092 8,091 9,183 2,008 5/29/2012 1998 251 Springtree Drive Columbia SC — 300 1,905 — — (112) 300 1,793 2,093 846 2/28/2003 1998 3 Summit Terrace Columbia SC — 610 7,900 887 (6,314) (2,698) 385 — 385 — 11/17/2009 2002 7909 Parklane Road Columbia SC — 1,580 4,520 2,323 — (314) 1,725 6,384 8,109 1,423 9/30/2011 1990 355 Berkmans Lane Greenville SC — 700 7,240 1,725 (2,593) (2,387) 417 4,268 4,685 131 11/17/2009 2002 116 Enterprise Court Greenwood SC — 310 2,790 1,283 — (213) 310 3,860 4,170 1,324 6/3/2005 1999 1901 West Carolina Avenue Hartsville SC — 401 4,775 1,068 — (302) 401 5,541 5,942 2,237 11/19/2004 1999 218 Old Chapin Road Lexington SC — 363 4,322 979 — (400) 363 4,901 5,264 2,004 11/19/2004 1999 491 Highway 17 Little River SC — 750 9,018 1,349 — (314) 750 10,053 10,803 2,821 6/23/2011 2000 1010 Anna Knapp Boulevard Mt. Pleasant SC — 1,797 6,132 624 — (458) 1,797 6,298 8,095 842 6/29/2016 1997 601 Mathis Ferry Road Mt. Pleasant SC — 1,687 12,612 706 (10,794) (2,021) 2,190 — 2,190 — 6/29/2016 1999 937 Bowman Road Mt. Pleasant SC — 3,898 31,613 7,988 — (997) 3,830 38,672 42,502 10,603 7/1/2012 1997 / 1983 9547 Highway 17 North Myrtle Beach SC — 543 3,202 9,360 (3,192) (4,437) 333 5,143 5,476 218 1/11/2002 1980 2306 Riverbank Drive Orangeburg SC — 303 3,607 1,043 — (358) 303 4,292 4,595 1,748 11/19/2004 1999 Initial Cost to Company Cost at December 31, 2021 Address City State Encumbrances (1) Land Buildings, Cost Impairment Cost Basis Adjustment (2) Land Buildings, Total (3) Accumulated Depreciation (4) Date Original 1920 Ebenezer Road Rock Hill SC — 300 1,705 — — (162) 300 1,543 1,843 728 2/28/2003 1998 15855 Wells Highway Seneca SC — 396 4,714 1,416 — (353) 396 5,777 6,173 2,198 11/19/2004 2000 One Southern Court West Columbia SC — 520 3,831 612 — — 557 4,406 4,963 1,545 12/22/2010 2000 6716 Nolensville Road Brentwood TN — 1,528 6,037 223 — — 1,528 6,260 7,788 1,468 11/30/2012 2010 207 Uffelman Drive Clarksville TN — 320 2,994 2,133 — (161) 320 4,966 5,286 1,425 12/31/2006 1997 51 Patel Way Clarksville TN — 800 10,322 6,990 — (318) 833 16,961 17,794 3,840 12/19/2012 2005 2900 Westside Drive NW Cleveland TN — 305 3,627 1,544 — (

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION.  Our consolidated financial statements include the accounts of Diversified Healthcare Trust, we, us or our, and our subsidiaries, all of which are 100% owned directly or indirectly by us. All intercompany transactions and balances with or among our consolidated subsidiaries have been eliminated. Accounting principles generally accepted in the United States, or GAAP, require us to make estimates and assumptions that may affect the amounts reported in these financial statements and related notes. The actual results could differ from these estimates.
REAL ESTATE PROPERTIES	REAL ESTATE PROPERTIES. We record properties at our cost and calculate depreciation on real estate investments on a straight line basis over estimated useful lives generally up to 40 years. We allocate the purchase prices of our properties to land, building and improvements based on determinations of the fair values of these assets assuming the properties are vacant. We determine the fair value of each property using methods similar to those used by independent appraisers, which may involve estimated cash flows that are based on a number of factors, including capitalization rates and discount rates, among others. In some circumstances, we engage independent real estate appraisal firms to provide market information and evaluations which are relevant to our purchase price allocations and determinations of depreciable useful lives; however, we are ultimately responsible for the purchase price allocations and determinations of useful lives. We allocate a portion of the purchase price to above market and below market leases based on the present value (using an interest rate which reflects the risks associated with acquired in place leases at the time each property was acquired by us) of the difference, if any, between (i) the contractual amounts to be paid pursuant to the acquired in place leases and (ii) our estimates of fair market lease rates for the corresponding leases, measured over a period equal to the terms of the respective leases. The terms of below market leases that include bargain renewal options, if any, are further adjusted if we determine that renewal is probable. We allocate a portion of the purchase price to acquired in place leases and tenant relationships based upon market estimates to lease up the property based on the leases in place at the time of purchase. In making these allocations, we consider factors such as estimated carrying costs during the expected lease up periods, including real estate taxes, insurance and other operating income and expenses and costs, such as leasing commissions, legal and other related expenses, to execute similar leases in current market conditions at the time a property was acquired by us. We allocate this aggregate value between acquired in place lease values and tenant relationships based on our evaluation of the specific characteristics of each tenant's lease. However, we have not separated the value of tenant relationships from the value of acquired in place leases because such value and related amortization expense is immaterial to our consolidated financial statements. If the value of tenant relationships becomes material in the future, we may separately allocate those amounts and amortize the allocated amount over the estimated life of the relationships. We amortize capitalized above market lease values (included in acquired real estate leases and other intangible assets, net in our consolidated balance sheets) as a reduction to rental income over the remaining non-cancelable terms of the respective leases. We amortize capitalized below market lease values (presented as assumed real estate lease obligations in our consolidated balance sheets) as an increase to rental income over the non-cancelable periods of the respective leases. For the years ended December 31, 2021, 2020 and 2019, such amortization resulted in a net increase in rental income of $7,211, $7,405 and $6,791, respectively. We amortize the value of in place leases exclusive of the value of above market and below market in place leases to expense over the remaining non-cancelable periods of the respective leases. During the years ended December 31, 2021, 2020 and 2019, such amortization included in depreciation totaled $42,783, $48,669 and $64,203, respectively. If a lease is terminated prior to its stated expiration, the unamortized amount relating to that lease is written off.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS.  We consider highly liquid investments with original maturities of three months or less at the date of purchase to be cash equivalents.
RESTRICTED CASH	RESTRICTED CASH.  Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties and amounts held as collateral pursuant to our credit agreement.
INVESTMENTS IN EQUITY SECURITIES	INVESTMENTS IN EQUITY SECURITIES. We previously owned 2,637,408 shares of class A common stock of The RMR Group Inc., or RMR Inc., that we sold on July 1, 2019. Prior to July 1, 2019, our equity securities were recorded at fair value based on their quoted market price at the end of each reporting period. We classify the common shares we own of AlerisLife Inc. (f/k/a Five Star Senior Living Inc.), or AlerisLife, as an equity method investment. This equity method investment is included in investments of equity securities in our consolidated balance sheets.
EQUITY METHOD INVESTMENTS	EQUITY METHOD INVESTMENTS.  As of December 31, 2021, we owned a 20% equity interest in an unconsolidated joint venture which owns a life science property located in Boston, Massachusetts. The property owned by this joint venture is encumbered by an aggregate $620,000 of mortgage debts. We do not control the activities that are most significant to this joint venture and, as a result, we account for our investment in this joint venture under the equity method of accounting under the fair value option. See Notes 3, 10 and 11 for more information regarding this joint venture.We account for our investment in Affiliates Insurance Company, or AIC, until AIC was dissolved as described in Note 8, using the equity method of accounting. Significant influence was present through common representation on our Board of Trustees and the board of directors of AIC until February 13, 2020. The Chair of our Board of Trustees and one of our Managing Trustees, Adam D. Portnoy, as the sole trustee of ABP Trust, is the controlling shareholder of RMR Inc. He is also a managing director and an executive officer of RMR Inc. Substantially all of the business of RMR Inc. is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR LLC, which is our manager and provided management and administrative services to AIC. Most of our Trustees were directors of AIC. See Note 8 for more information about our investment in AIC. As previously discussed, we also account for our investment in AlerisLife as an equity method investment under the fair value option.
DEBT ISSUANCE COSTS	DEBT ISSUANCE COSTS.  Debt issuance costs include issuance or assumption costs related to borrowings and we amortize those costs as interest expense over the terms of the respective loans.
DEFERRED LEASING COSTS	DEFERRED LEASING COSTS.  Deferred leasing costs include capitalized brokerage and other fees associated with the successful negotiation of leases, which are amortized to depreciation and amortization expense on a straight line basis over the terms of the respective leases. Deferred leasing costs are included in other assets in our consolidated balance sheets.
REVENUE RECOGNITION	REVENUE RECOGNITION.  We are a lessor of medical office and life science properties, senior living communities and other healthcare related properties. Our leases provide our tenants with the contractual right to use and economically benefit from all of the premises demised under the leases; therefore, we have determined to evaluate our leases as lease arrangements.
PER COMMON SHARE AMOUNTS	PER COMMON SHARE AMOUNTS.  We calculate basic earnings per common share by dividing net income (loss) by the weighted average number of our common shares of beneficial interest, $.01 par value, or our common shares, outstanding during the period. We calculate diluted earnings per common share using the more dilutive of the two class method or the treasury stock method. Unvested share awards and other potentially dilutive common shares and the related impact on earnings, are considered when calculating diluted earnings per share.
INCOME TAXES	INCOME TAXES. We have elected to be taxed as a REIT under the United States Internal Revenue Code of 1986, as amended, and as such are generally not subject to federal and most state income taxation on our operating income provided we distribute our taxable income to our shareholders and meet certain organization and operating requirements. We do, however, lease our managed senior living communities to our wholly owned TRSs that, unlike most of our subsidiaries, file a separate consolidated federal corporate income tax return and are subject to federal and state income taxes. Our consolidated income tax provision includes the income tax provision related to the operations of our TRSs and certain state income taxes we incur despite our taxation as a REIT. The Income Taxes Topic of the Codification prescribes how we should recognize, measure and present in our financial statements uncertain tax positions that have been taken or are expected to be taken in a tax return. Tax benefits are recognized to the extent that it is “more likely than not” that a particular tax position will be sustained upon examination or audit. To the extent the “more likely than not” standard has been satisfied, the benefit associated with a tax position is measured as the largest
SEGMENT REPORTING	SEGMENT REPORTING.  As of December 31, 2021, we operate in, and report financial information for, the following two segments: our portfolio of medical office and life science properties, or our Office Portfolio, and SHOP. We aggregate each of these two reporting segments based on their similar operating and economic characteristics.
NEW ACCOUNTING PRONOUNCEMENTS	NEW ACCOUNTING PRONOUNCEMENTS. In June 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which requires that entities use a new forward-looking “expected loss” model that generally will result in the earlier recognition of allowance for credit losses. The measurement of expected credit losses is based upon historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. We adopted this standard on January 1, 2020 using the modified retrospective approach. The implementation of this standard did not have a material impact on our consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , or ASU No. 2021-08, which requires that an acquirer account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. The acquiring entity shall recognize and measure the acquired contract assets and contract liabilities consistent with how they were recognized and measured in the acquiree’s financial statements, rather than at fair value at the acquisition date. ASU No. 2021-08 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. On October 1, 2021, we early adopted ASU No. 2021-08. The adoption of ASU No. 2021-08 did not have an impact on our consolidated financial statements. In November 2021, the FASB issued ASU No. 2021-10, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance , or ASU No. 2021-10, which requires business entities to disclose government assistance accounted for by applying a grant or contribution model by analogy. ASU No. 2021-10 states that an entity shall disclose the nature of the transactions, the related accounting policies used, the effect of the transactions on an entity's financial statements and significant terms and conditions of the transactions. ASU No. 2021-10 is effective for annual periods beginning after December 15, 2021, with early adoption permitted. On November 17, 2021, we early adopted ASU No. 2021-10. The adoption of ASU No. 2021-10 did not have a material impact on our consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of Real Estate Lease Obligations	As of December 31, 2021 and 2020, our acquired real estate leases and assumed real estate lease obligations, excluding properties held for sale, were as follows: December 31, 2021 2020 Acquired real estate leases: Capitalized above market lease values (1) $ 8,092 $ 12,304 Less: accumulated amortization (6,268) (9,236) Capitalized above market lease values, net 1,824 3,068 Lease origination value 123,682 551,141 Less: accumulated amortization (76,760) (267,696) Lease origination value, net 46,922 283,445 Acquired real estate leases and other intangible assets, net $ 48,746 $ 286,513 Assumed real estate lease obligations: Capitalized below market lease values $ 6,141 $ 128,991 Less: accumulated amortization (3,585) (61,161) Assumed real estate lease obligations, net $ 2,556 $ 67,830 (1) Acquired real estate leases and other related intangible assets decreased due to our sale of a 35% equity interest from our then remaining 55% equity interest in the joint venture which owns a life science property located in Boston, Massachusetts to another third party global institutional investor. As a result of this sale, we deconsolidated the net assets of this joint venture.

Real Estate Investments (Tables

Real Estate Investments (Tables)	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
Schedule of equity method investments	As of December 31, 2021, we had an equity investment in a joint venture as follows: Joint Venture DHC Ownership DHC Carrying Value of Investment at December 31, 2021 Number of Properties Location Square Feet Seaport Innovation LLC 20% $ 215,127 1 Massachusetts 1,134,479 The following table provides a summary of the mortgage debts of this joint venture: Joint Venture Coupon Rate Maturity Date Principal Balance at December 31, 2021 (1) Mortgage Notes Payable (secured by one property in Massachusetts) 3.53% 8/6/2026 $ 620,000 (1) Amounts are not adjusted for our minority interest. We no longer include this $620,000 of secured debt financing in our consolidated balance sheet following the deconsolidation in December 2021 of the net assets of our joint venture which owns a life science property located in Boston, Massachusetts; however, DHC continues to provide certain guaranties on this debt.
Schedule of real estate property acquisition	The table below represents the purchase price allocations (including net closing adjustments) of acquisitions for the years ended December 31, 2021, 2020 and 2019: Date Location Type of Property Number of Properties Number of Units Cash Paid plus Assumed Debt (1) Land Buildings FF&E Acquired Acquired Assumed Premium on Acquisitions during the year ended December 31, 2021: We did not acquire any properties during the year ended December 31, 2021. Acquisitions during the year ended December 31, 2020: We did not acquire any properties during the year ended December 31, 2020. Acquisitions during the year ended December 31, 2019: December 2019 Texas IL 1 169 $ 50,506 $ 3,463 $ 44,189 $ 652 $ 2,202 $ — $ — $ — (1) Cash paid plus assumed debt, if any, includes closing costs.
Schedule of disposal groups	Date of Sale Location Type of Property Number of Properties Square Feet or Number of Units Sales Price (1) Gain (loss) on Sale Dispositions during the year ended December 31, 2021: February 2021 Pennsylvania Medical Office 1 92,000 sq. ft. $ 9,000 $ (122) April 2021 Florida Life Science / Medical Office 4 263,656 sq. ft. 95,500 30,760 5 $ 104,500 $ 30,638 Dispositions during the year ended December 31, 2020: January 2020 Louisiana Medical Office 6 40,575 sq. ft. $ 5,925 $ (81) February 2020 Pennsylvania Medical Office 1 50,000 sq. ft. 2,900 — March 2020 Texas Medical Office 1 70,229 sq. ft. 8,779 2,863 April 2020 (2) California IL / AL 3 599 units 47,000 (256) June 2020 South Carolina Medical Office 1 49,242 sq. ft. 3,550 — July 2020 Texas Medical Office 1 6,849 sq. ft. 2,072 (30) July 2020 Connecticut Medical Office 1 32,162 sq. ft. 625 (25) August 2020 (2) Mississippi AL 2 116 units 2,500 (42) September 2020 Mississippi Medical Office 1 78,747 sq. ft. 7,250 (114) October 2020 Various AL 3 239 units 46,000 4,292 November 2020 (2) Nebraska AL 1 131 units 3,000 (26) December 2020 New York Medical Office 1 64,060 sq. ft. 3,875 (273) December 2020 Ohio Life Science 2 232,016 sq. ft. 7,917 257 December 2020 (2) Wisconsin SNF / AL 3 537 units 11,500 (303) 27 $ 152,893 $ 6,262 Dispositions during the year ended December 31, 2019: February 2019 Florida Life Science 1 60,396 sq. ft. $ 2,900 $ (69) March 2019 Massachusetts Medical Office 1 4,400 sq. ft. 75 (58) May 2019 (2) California SNF 3 278 units 21,500 15,207 May 2019 Colorado Medical Office 1 15,647 sq. ft. 2,590 1,029 June 2019 Massachusetts Medical Office 7 164,121 sq. ft. 8,042 1,590 July 2019 Massachusetts Medical Office 3 103,484 sq. ft. 4,955 2,332 August 2019 Massachusetts Medical Office 1 49,357 sq. ft. 2,221 812 September 2019 (2) Various SNF 15 964 units 8,000 — September 2019 Massachusetts Medical Office 1 41,065 sq. ft. 2,750 1,044 October 2019 South Dakota SNF / IL 3 245 units 10,500 6,661 October 2019 New Jersey Life Science 1 205,439 sq. ft. 47,500 — December 2019 Georgia Medical Office 1 95,010 sq. ft. 14,000 (63) December 2019 Washington IL 1 150 units 32,500 7,618 December 2019 Various AL 7 566 units 103,250 3,593 46 $ 260,783 $ 39,696 (1) Sales price excludes closing costs. (2) These senior living communities were previously operated by Five Star.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Maturities of Operating Lease Liabilities	The following table presents our operating lease maturity analysis, excluding lease payments from properties classified as held for sale, if any, as of December 31, 2021: Year Amount 2022 $ 236,309 2023 234,633 2024 219,532 2025 197,712 2026 181,819 Thereafter 812,989 Total $ 1,882,994

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Schedule of summary of shares granted and vested	A summary of shares awarded, forfeited, vested and unvested under the terms of the 2012 Plan from January 1, 2019 to December 31, 2021 is as follows: Number of Shares Weighted Average Unvested shares at December 31, 2018 161,990 $ 19.41 Shares awarded in 2019 202,500 $ 8.65 Shares vested / forfeited in 2019 (137,150) $ 8.94 Unvested shares at December 31, 2019 227,340 $ 12.52 Shares awarded in 2020 420,000 $ 3.65 Shares vested / forfeited in 2020 (212,790) $ 7.04 Unvested shares at December 31, 2020 434,550 $ 6.15 Shares awarded in 2021 838,000 $ 3.45 Shares vested / forfeited in 2021 (426,930) $ 4.98 Unvested shares at December 31, 2021 845,620 $ 4.07
Schedule of dividends declared and paid	A summary of cash distributions paid to common shareholders, for federal income tax purposes, as are follows for the periods presented: Annual Per Characterization of Distribution Share Total Ordinary Capital Return of Year Distribution Distribution Income Gain Capital 2021 $ 0.04 $ 9,540 — % 100.0 % — % 2020 $ 0.18 $ 42,825 — % — % 100.0 % 2019 $ 0.84 $ 199,719 — % 25.7 % 74.3 %

Senior Living Community Lease_2

Senior Living Community Leases and Management Agreements (Tables)	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Schedule of Assets Leased and Revenues Earned	The following is a summary of the assets leased to and revenues earned from Five Star as a tenant as of and for the year ended December 31, 2019 compared to all our other assets and revenues from all sources: As of December 31, 2019 Gross Book Value of Real Estate Assets (1) % of Total Five Star (2) $ 2,286,951 27.2 % All others (3) 6,133,672 72.8 % $ 8,420,623 100.0 % (1) Represents the gross book value of real estate assets at cost plus certain acquisition costs, before depreciation and purchase price allocations, less impairment write downs, if any. Five Star also managed some of our managed senior living communities as of December 31, 2019. The gross book value of real estate assets of $1,920,070 as of December 31, 2019 for those managed senior living communities is included in the "All others" category. (2) Includes gross book value of real estate assets of $50,951 classified as held for sale in our consolidated balance sheet as of December 31, 2019. (3) Includes gross book value of real estate assets of $213,416 classified as held for sale in our consolidated balance sheet as of December 31, 2019. Year Ended December 31, 2019 Total Revenues (1) % of Total Five Star $ 137,898 13.3 % All others 902,257 86.7 % $ 1,040,155 100.0 % (1) Five Star also managed some of our managed senior living communities as of December 31, 2019. Our revenues of $433,597 for the year ended December 31, 2019, from those communities are included in the “All others” category.
Schedule of Disaggregation of Revenue	The following table presents residents fees and services revenue from our managed senior living communities disaggregated by the type of contract and payer: Year Ended December 31, Revenue from contracts with customers: 2021 2020 2019 Basic housing and support services $ 750,644 $ 856,687 $ 353,699 Medicare and Medicaid programs 98,273 173,878 31,324 Private pay and other third party payer SNF services 125,706 174,246 48,574 Total residents fees and services $ 974,623 $ 1,204,811 $ 433,597

Indebtedness (Tables)

Indebtedness (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of additional outstanding debt	At December 31, 2021 and 2020, our outstanding indebtedness consisted of the following: Principal Balance as of December 31, Floating Rate Debt (1) Maturity 2021 2020 Revolving credit facility (2) January 2023 $ 800,000 $ — Term loan September 2022 — 200,000 Total floating rate debt $ 800,000 $ 200,000 (1) As of December 31, 2021 and 2020, the unamortized net debt issuance costs on certain of these debts were $0 and $951, respectively. (2) Outstanding borrowings under our revolving credit facility. In February 2022, we exercised our option to extend the maturity date of our revolving credit facility by one year to January 2024. December 31, 2021 December 31, 2020 Senior Unsecured Notes (1) Coupon Maturity Face Unamortized Face Unamortized Senior unsecured notes 6.750 % December 2021 $ — $ — $ 300,000 $ 490 Senior unsecured notes 4.750 % May 2024 250,000 184 250,000 263 Senior unsecured notes 9.750 % June 2025 1,000,000 — 1,000,000 — Senior unsecured notes 4.750 % February 2028 500,000 5,169 500,000 6,013 Senior unsecured notes 4.375 % March 2031 500,000 — — — Senior unsecured notes 5.625 % August 2042 350,000 — 350,000 — Senior unsecured notes 6.250 % February 2046 250,000 — 250,000 — Total senior unsecured notes $ 2,850,000 $ 5,353 $ 2,650,000 $ 6,766 (1) As of December 31, 2021 and 2020, the unamortized net debt issuance costs on certain of these notes were $37,836 and $35,045, respectively.
Schedule of secured and other debt	Principal Balance as of Number of Net Book Value of Collateral Secured and Other Debt 2021 (1) 2020 (1) Interest Maturity At December 31, 2021 2021 2020 Mortgage note $ 11,120 $ 11,838 6.28 % July 2022 1 $ 23,525 $ 23,500 Mortgage note 10,479 10,724 4.85 % October 2022 1 19,211 19,675 Mortgage note 15,456 15,805 5.75 % October 2022 2 19,099 19,180 Mortgage note 15,204 15,646 6.64 % June 2023 1 24,593 23,023 Mortgage notes (2) — 620,000 3.53 % August 2026 — — 705,096 Mortgage note 10,240 10,470 4.44 % July 2043 1 13,387 13,582 Finance Leases 6,636 7,811 7.70 % April 2026 2 18,527 18,097 Total secured $ 69,135 $ 692,294 8 $ 118,342 $ 822,153 (1) The principal balances are the amounts stated in the contracts. In accordance with GAAP, our carrying values and recorded interest expense may be different because of market conditions at the time we assumed certain of these debts. As of December 31, 2021 and 2020, the unamortized net premiums and debt issuance costs on certain of these mortgages were $(578) and $721, respectively. (2) The property encumbered by these mortgages is located in Boston, Massachusetts and was contributed in the first quarter of 2017 to a joint venture, which we deconsolidated in December 2021 and in which we currently own a 20% equity interest. As of December 31, 2020, this property was consolidated into our financial statements. See Note 3 for further information regarding this joint venture.
Schedule of required principal payments on outstanding debt	Required principal payments on our outstanding debt as of December 31, 2021, are as follows: Year Principal Payment 2022 $ 39,067 2023 816,413 2024 251,834 2025 1,002,001 2026 904 Thereafter 1,608,916 (1) (1) The carrying value of our total debt outstanding as of December 31, 2021, including unamortized debt issuance costs, premiums and discounts was $3,676,524.

Fair Value of Assets and Liab_2

Fair Value of Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Assets and Liabilities Recurring and Nonrecurring Measured at Fair Value	The following table presents certain of our assets that are measured at fair value at December 31, 2021 and 2020, categorized by the level of inputs as defined in the fair value hierarchy under GAAP, used in the valuation of each asset. As of December 31, 2021 As of December 31, 2020 Description Carrying Amount Fair Value Carrying Amount Fair Value Recurring Fair Value Measurement Assets: Investment in AlerisLife (Level 1) (1) $ 31,540 $ 31,540 $ 73,772 $ 73,772 Investment in unconsolidated joint venture (Level 3) (2) $ 215,127 $ 215,127 $ — $ — (1) Our 10,691,658 shares of common stock of AlerisLife are included in investments in equity securities in our consolidated balance sheets, and are reported at fair value, which is based upon quoted market prices on Nasdaq (Level 1 inputs). During the years ended December 31, 2021 and 2020, we recorded an unrealized loss of $42,232 and an unrealized gain of $34,106, respectively, which are included in gains and losses on equity securities, net in our consolidated statements of comprehensive income (loss), to adjust the carrying value of our investment in AlerisLife common shares to their fair value. See Notes 2 and 8 for further information about our investment in AlerisLife. (2) We own a 20% equity interest in a joint venture that owns a life science property located in Boston, Massachusetts and is included in investment in unconsolidated joint venture in our consolidated balance sheet, and is reported at fair value, which is based on significant unobservable inputs (Level 3 inputs). The significant unobservable inputs used in the fair value are a discount rate of 5.58%, an exit capitalization rate of 5.25% and a holding period of approximately 10 years and market rents. The assumptions are based on the location, type and nature of the property, and current and anticipated market conditions, which are derived from appraisers, industry publications and our experience. See Note 3 for further information regarding this joint venture.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The fair values of these financial instruments approximated their carrying values in our consolidated financial statements as of such dates, except as follows: As of December 31, 2021 As of December 31, 2020 Description Carrying Amount (1) Estimated Fair Value Carrying Amount (1) Estimated Fair Value Senior unsecured notes, 6.750% coupon rate, due 2021 $ — $ — $ 299,273 $ 303,891 Senior unsecured notes, 4.750% coupon rate, due 2024 249,348 257,695 249,068 256,258 Senior unsecured notes, 9.750% coupon rate, due 2025 987,903 1,081,990 984,359 1,135,800 Senior unsecured notes, 4.750% coupon rate, due 2028 492,199 491,480 490,925 502,648 Senior unsecured notes, 4.375% coupon rate, due 2031 492,127 480,763 — — Senior unsecured notes, 5.625% coupon rate, due 2042 342,183 309,260 341,802 330,120 Senior unsecured notes, 6.250% coupon rate, due 2046 243,051 226,500 242,762 245,000 Secured debts (2) 69,713 71,963 691,573 716,185 $ 2,876,524 $ 2,919,651 $ 3,299,762 $ 3,489,902 (1) Includes unamortized net debt issuance costs, premiums and discounts. (2) We assumed certain of these secured debts in connection with our acquisition of certain properties. We recorded the assumed mortgage notes at estimated fair value on the date of acquisition and we are amortizing the fair value adjustments, if any, to interest expense over the respective terms of the mortgage notes to adjust interest expense to the estimated market interest rates as of the date of acquisition.

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of segment reporting information	For the Year Ended December 31, 2021 Office Portfolio SHOP Non-Segment Consolidated Revenues: Rental income $ 367,597 $ — $ 40,992 $ 408,589 Residents fees and services — 974,623 — 974,623 Total revenues 367,597 974,623 40,992 1,383,212 Expenses: Property operating expenses 127,313 964,499 — 1,091,812 Depreciation and amortization 127,632 132,044 11,455 271,131 General and administrative — — 34,087 34,087 Acquisition and certain other transaction related costs — — 17,506 17,506 Impairment of assets — (174) — (174) Total expenses 254,945 1,096,369 63,048 1,414,362 Gain on sale of properties 492,072 200 — 492,272 Losses on equity securities, net — — (42,232) (42,232) Interest and other income — 19,554 1,081 20,635 Interest expense (23,477) (2,089) (230,193) (255,759) Loss on early extinguishment of debt — — (2,410) (2,410) Income (loss) from continuing operations before income tax expense 581,247 (104,081) (295,810) 181,356 Income tax expense — — (1,430) (1,430) Net income (loss) 581,247 (104,081) (297,240) 179,926 Net income attributable to noncontrolling interest (5,411) — — (5,411) Net income (loss) attributable to common shareholders $ 575,836 $ (104,081) $ (297,240) $ 174,515 As of December 31, 2021 Office Portfolio SHOP Non-Segment Consolidated Total assets $ 2,282,652 $ 2,995,819 $ 1,345,043 $ 6,623,514 For the Year Ended December 31, 2020 Office Portfolio SHOP Non-Segment Consolidated Revenues: Rental income $ 383,365 $ — $ 43,850 $ 427,215 Residents fees and services — 1,204,811 — 1,204,811 Total revenues 383,365 1,204,811 43,850 1,632,026 Expenses: Property operating expenses 129,756 1,106,601 — 1,236,357 Depreciation and amortization 129,321 129,124 11,702 270,147 General and administrative — — 30,593 30,593 Acquisition and certain other transaction related costs — — 814 814 Impairment of assets 8,558 98,414 — 106,972 Total expenses 267,635 1,334,139 43,109 1,644,883 Gain (loss) on sale of properties 2,597 (627) 4,517 6,487 Gains on equity securities, net — — 34,106 34,106 Interest and other income — 17,485 736 18,221 Interest expense (24,188) (2,223) (175,072) (201,483) Gain on lease termination — — 22,896 22,896 Loss on early extinguishment of debt (401) — (26) (427) Income (loss) from continuing operations before income tax expense 93,738 (114,693) (112,102) (133,057) Income tax expense — — (1,250) (1,250) Net income (loss) 93,738 (114,693) (113,352) (134,307) Net income attributable to noncontrolling interest (5,146) — — (5,146) Net income (loss) attributable to common shareholders $ 88,592 $ (114,693) $ (113,352) $ (139,453) As of December 31, 2020 Office Portfolio SHOP Non-Segment Consolidated Total assets $ 3,092,289 $ 2,912,570 $ 471,565 $ 6,476,424 For the Year Ended December 31, 2019 Office Portfolio SHOP Non-Segment Consolidated Revenues: Rental income $ 405,016 $ 137,898 $ 63,644 $ 606,558 Residents fees and services — 433,597 — 433,597 Total revenues 405,016 571,495 63,644 1,040,155 Expenses: Property operating expenses 132,348 356,722 — 489,070 Depreciation and amortization 137,611 132,637 18,777 289,025 General and administrative — — 37,028 37,028 Acquisition and certain other transaction related costs — — 13,102 13,102 Impairment of assets 43,035 65,822 6,344 115,201 Total expenses 312,994 555,181 75,251 943,426 Gain on sale of properties 6,617 15,207 17,872 39,696 Dividend income — — 1,846 1,846 Losses on equity securities, net — — (41,898) (41,898) Interest and other income — — 941 941 Interest expense (24,399) (3,058) (152,655) (180,112) Loss on early extinguishment of debt — (17) (27) (44) Income (loss) from continuing operations before income tax expense and equity in earnings of an investee 74,240 28,446 (185,528) (82,842) Income tax expense — — (436) (436) Equity in earnings of an investee — — 400 400 Net income (loss) 74,240 28,446 (185,564) (82,878) Net income attributable to noncontrolling interest (5,356) — — (5,356) Net income (loss) attributable to common shareholders $ 68,884 $ 28,446 $ (185,564) $ (88,234) As of December 31, 2019 Office Portfolio SHOP Non-Segment Consolidated Total assets $ 3,165,577 $ 3,044,989 $ 443,260 $ 6,653,826

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of components of provision for income taxes	Our provision for income taxes consists of the following: For the Year Ended December 31, 2021 2020 2019 Current: Federal $ 200 $ — $ — State 1,230 1,250 436 1,430 1,250 436 Deferred: Federal — — — State — — — — — — Income tax provision $ 1,430 $ 1,250 $ 436
Schedule of reconciliation of effective tax rate and the U.S. federal statutory income tax rate	A reconciliation of our effective tax rate and the U.S. federal statutory income tax rate is as follows: For the Year Ended December 31, 2021 2020 2019 Taxes at statutory U.S. federal income tax rate 21.0 % 21.0 % 21.0 % Nontaxable income (21.0) % (21.0) % (21.0) % Federal excise tax 0.1 % — % — % State and local income taxes, net of federal tax benefit 0.8 % (1.3) % 0.5 % Effective tax rate 0.9 % (1.3) % 0.5 %
Schedule of significant components of our deferred tax assets and liabilities	Significant components of our deferred tax assets and liabilities are as follows: For the Year Ended December 31, 2021 2020 Deferred tax assets: Deferred income $ 2,132 $ 3,252 Fair market value adjustment 1,577 10,856 Other 784 758 Tax loss carryforwards 25,829 28,358 30,322 43,224 Valuation allowance (30,322) (43,224) — — Net deferred income taxes $ — $ —

Weighted Average Common Shares

Weighted Average Common Shares (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The following table provides a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per share (in thousands): Year Ended December 31, 2021 2020 2019 Weighted average common shares for basic earnings per share 237,967 237,739 237,604 Effect of dilutive securities: restricted share awards — — — Weighted average common shares for diluted earnings per share (1) 237,967 237,739 237,604 (1) For the years ended December 31, 2021, 2020 and 2019, 60, 223 and 36, respectively, of our unvested common shares were not included in the calculation of diluted earnings per share because to do so would have been antidilutive.

Organization (Details)

Organization (Details) $ in Thousands	Dec. 31, 2021USD ($)ft²property	Dec. 23, 2021	Dec. 31, 2020USD ($)	Mar. 31, 2017
Real Estate Properties [Line Items]
Number of properties owned (property)	390
Number of states in which properties are located	36
Total real estate properties, gross | $	$ 6,813,556		$ 7,410,730
Seaport Innovation LLC | Joint Venture
Real Estate Properties [Line Items]
Number of properties owned (property)	1
Equity method investment ownership percentage	20.00%	20.00%		55.00%
Area of real estate properties (in square feet) | ft²	1,134,479
Occupancy rate	100.00%
Lessee, operating lease, remaining lease term	7 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Basis of Presentation and Real Estate Properties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Basis of Presentation
Ownership interest in subsidiaries (as a percent)	100.00%
Increase in capitalized above and below market leases rental income	$ 7,211	$ 7,405	$ 6,791
Amortization of acquired real estate leases and other intangible assets	$ 42,783	$ 48,669	$ 64,203
Above market lease, weighted average amortization period, lease term	3 years 8 months 12 days
Lease, weighted average amortization period, lease term	5 years 3 months 18 days
Below market lease, weighted average amortization period, lease term	6 years 10 months 24 days
Finite lived intangible asset, future amortization
2021	$ 12,095
2022	11,326
2023	8,030
2024	4,869
2025	3,267
Thereafter	$ 6,603
Land and Building | Real Estate Investment | Maximum
Basis of Presentation
Estimated useful lives (up to)	40 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Real Estate Lease Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Acquired real estate leases:
Capitalized above market lease values (1)	$ 8,092	$ 12,304
Less: accumulated amortization	(6,268)	(9,236)
Capitalized above market lease values, net	1,824	3,068
Lease, Net
Lease origination value	123,682	551,141
Less: accumulated amortization	(76,760)	(267,696)
Lease origination value, net	46,922	283,445
Acquired real estate leases and other intangible assets, net	48,746	286,513
Assumed real estate lease obligations:
Capitalized below market lease values	6,141	128,991
Less: accumulated amortization	(3,585)	(61,161)
Assumed real estate lease obligations, net	$ 2,556	$ 67,830

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Investments (Details)	Jan. 01, 2020USD ($)shares	Dec. 31, 2019shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)shares	Dec. 23, 2021	Jun. 30, 2019shares	Mar. 31, 2017
Investment in available for sale securities
Gains and losses on equity securities, net | $			$ (42,232,000)	$ 34,106,000	$ (41,898,000)
ALR
Investment in available for sale securities
Shares issued, value | $			$ 0	$ 59,801,000	$ 0
ALR | Common Shares
Investment in available for sale securities
Issued (in shares) | shares	10,268,158
Shares issued, value | $	$ 38,095,000
ALR | Common Shares
Investment in available for sale securities
Investment in common shares (in shares) | shares		423,500			423,500
Reverse stock split ratio		0.100
Affiliated Entity | Common Shares | Recurring | ALR
Investment in available for sale securities
Investment in common shares (in shares) | shares			10,691,658
RMR Inc. | Class A common shares
Investment in available for sale securities
Equity investments shares held (in shares) | shares							2,637,408
Seaport Innovation LLC | Joint Venture
Investment in available for sale securities
Equity method investment ownership percentage			20.00%			20.00%		55.00%
Principal amount of debt | $			$ 620,000,000

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Debt Issuance Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Amortization of deferred financing fees
Amortization expense in 2022	$ 9,974
Amortization expense in 2023	5,832
Amortization expense in 2024	5,521
Amortization expense in 2025	3,556
Amortization expense in 2026	1,956
Amortization expense thereafter	15,494
Unsecured Term Loans, Senior Notes, and Mortgage Notes Payable
Debt Instrument
Deb issuance costs, gross	53,649	$ 53,496
Accumulated amortization, debt issuance costs gross	15,800	15,589
Revolving Credit Facility
Debt Instrument
Deb issuance costs, gross	27,383	19,332
Accumulated amortization, debt issuance costs gross	$ 22,899	$ 16,201

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Leasing Costs and Revenue Recognition (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)community	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
DEFERRED LEASING COSTS
Unamortized gross balance of deferred leasing costs	$ 64,255	$ 44,506
Accumulated amortization	$ 17,074	15,605
Weighted average amortization period for deferred leasing cost	8 years 8 months 12 days
Expected amortization expense for the five years
Expected amortization expense, 2022	$ 7,168
Expected amortization expense, 2023	6,502
Expected amortization expense, 2024	5,903
Expected amortization expense, 2025	5,397
Expected amortization expense, 2026	4,732
Expected amortization expense, thereafter	17,479
Percentage rents earned	1,993	2,144	$ 2,958
Proceeds from the relief fund amount	20,800	19,961
Interest and other income	20,635	18,221	$ 941
Provider relief fund other liabilities	3,722	2,476
SHOP
Expected amortization expense for the five years
Interest and other income	$ 19,554	$ 17,485
Third Party Managers | Senior Living Communities
Expected amortization expense for the five years
Number of communities managed | community	235

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Per Common Share and Segment (Details)	12 Months Ended
	Dec. 31, 2021segment$ / shares	Dec. 31, 2020$ / shares
Accounting Policies [Abstract]
Common shares, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Number of operating segments | segment	2

Real Estate Investments - Narra

Real Estate Investments - Narrative (Details) $ in Thousands	Dec. 23, 2021	Jan. 31, 2022USD ($)property	Dec. 31, 2021USD ($)ft²buildingpropertycommunityunit	Jan. 31, 2020USD ($)	May 31, 2019USD ($)unitbuilding	Dec. 31, 2021USD ($)ft²propertybuildingcommunityunit	Dec. 31, 2020USD ($)ft²propertybuilding	Dec. 31, 2019USD ($)ft²unitbuildingproperty	Jun. 09, 2021unitcommunity	Sep. 30, 2019property	Mar. 31, 2017
Real Estate Properties
Real estate investment properties, net			$ 5,075,749			$ 5,075,749	$ 5,715,829
Real estate property - accumulated depreciation			$ 1,737,807			$ 1,737,807	1,694,901
Number of properties owned (property) | property			390			390
Total assets			$ 6,623,514			$ 6,623,514	6,476,424	$ 6,653,826
Secured debt and finance leases, net			69,713			69,713	691,573
Proceeds from sale of interest in joint venture, net						367,033	0	0
Gain on sale of properties						492,272	6,487	39,696
Equity method investments, carrying value			31,540			31,540	73,772
Impairment of assets						(174)	106,972	$ 115,201
Lease committed but unspent tenant related obligations						76,573	19,159
Variable Interest Entity, Primary Beneficiary
Real Estate Properties
Total assets							970,142
Secured debt and finance leases, net							697,129
Seaport Innovation LLC
Real Estate Properties
Aggregate property valuation amount			1,700,000			1,700,000
Aggregate principal amount of mortgage debt			620,000			620,000
Land
Real Estate Properties
Real estate investment properties, net			741,501			741,501	789,125
Buildings and Improvements
Real Estate Properties
Real estate investment properties, net			6,072,055			6,072,055	6,621,605
Building
Real Estate Properties
Real estate property - accumulated depreciation			1,587,573			1,587,573	1,561,751
Building Improvements
Real Estate Properties
Real estate property - accumulated depreciation			$ 150,234			$ 150,234	$ 133,150
Medical Office Building
Real Estate Properties
Number of properties owned (property) | property							7	20
Impairment of assets							$ 8,558	$ 43,035
Senior Living Communities
Real Estate Properties
Number of properties owned (property) | property							28	25
Number of units in real estate property | unit			27,672			27,672
Gain on sale of properties							$ 225
Impairment of assets							$ 98,414	$ 72,166
Welness Centers
Real Estate Properties
Number of properties owned (property) | property			10			10
Area of real estate properties (in square feet) | ft²			812,000			812,000
SNF
Real Estate Properties
Gain on sale of properties						$ 200
Life Science
Real Estate Properties
Number of properties owned (property) | property								1
Medical Office Building and Life Science Building
Real Estate Properties
Number of properties owned (property) | property			116			116
Area of real estate properties (in square feet) | ft²			9,800,000			9,800,000
Medical Office Building and Life Science Building | Capital Commitments
Real Estate Properties
Area of real estate properties (in square feet) | ft²			2,600,000			2,600,000	1,000,000
Leases committed expenditure						$ 97,520	$ 17,901
Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor One
Real Estate Properties
Equity method investments, carrying value		$ 100,800
Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor Two
Real Estate Properties
Equity method investments, carrying value		95,900
Senior Living Communities, Independent Living, Assisted Living, and Skilled Nursing Facility
Real Estate Properties
Number of properties owned (property) | property			264			264
Land Parcel | Arizona
Real Estate Properties
Real estate purchase price				$ 2,600
Joint Venture
Real Estate Properties
Gain on sale of properties			$ 461,434
Joint Venture | Seaport Innovation LLC
Real Estate Properties
Number of properties owned (property) | property			1			1
Area of real estate properties (in square feet) | ft²			1,134,479			1,134,479
Number of properties included in joint venture agreement | property						1
Equity method investment ownership percentage	20.00%		20.00%			20.00%					55.00%
Additional equity joint venture percentage	35.00%		35.00%
Proceeds from sale of interest in joint venture, net			$ 373,847
Joint Venture | Investor | Seaport Innovation LLC
Real Estate Properties
Equity method investment ownership percentage											45.00%
Joint Venture | Subsequent Event
Real Estate Properties
Aggregate property valuation amount		702,500
Aggregate principal amount of mortgage debt		$ 456,600
Joint Venture | Medical Office Building and Life Science Building | Subsequent Event
Real Estate Properties
Number of properties included in joint venture agreement | property		10
Equity method investment ownership percentage		20.00%
Proceeds from sale of interest in joint venture, net		$ 653,300
Joint Venture | Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor One
Real Estate Properties
Equity method investment ownership percentage		41.00%
Joint Venture | Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor Two
Real Estate Properties
Equity method investment ownership percentage		39.00%
Five Star | Senior Living Communities
Real Estate Properties
Number of properties owned (property) | community									120
Five Star | Five Star
Real Estate Properties
Amount of improvements to communities								$ 111,603
Payments to acquire property, plant, and equipment								$ 49,155
Scenario, Adjustment | Senior Living Communities
Real Estate Properties
Number of properties owned (property) | property			10			10
Impairment of assets						$ (174)
Disposal Group, Held-for-sale, Not Discontinued Operations | Medical Office Building
Real Estate Properties
Number of properties owned (property) | property							1	15
Disposal Group, Held-for-sale, Not Discontinued Operations | Senior Living Communities
Real Estate Properties
Number of properties owned (property) | property							10	2
Number of units in real estate property | property							820
Disposal Group, Held-for-sale, Not Discontinued Operations | Medical Office Building and Life Science Building
Real Estate Properties
Area of real estate properties (in square feet) | ft²							355,656
Number of units in real estate property | property							5
Disposal Group, Held-for-sale, Not Discontinued Operations | Five Star | Senior Living Communities
Real Estate Properties
Number of properties owned (property) | community			108			108			108
Number of units in real estate property | unit									1,500
Disposal Group, Held-for-sale, Not Discontinued Operations | Scenario, Adjustment | Five Star | Senior Living Communities
Real Estate Properties
Number of units in real estate property | unit									7,500
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Real Estate Properties
Number of properties owned (property) | building			5			5	27	46
Sale price of property sold and agreed to be sold						$ 104,500	$ 152,893	$ 260,783
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Medical Office Building
Real Estate Properties
Number of properties owned (property) | property							4
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Senior Living Communities
Real Estate Properties
Number of properties owned (property) | property							9
Number of real estate properties closed | property							7
Disposal Group, Disposed of by Sale, Not Discontinued Operations | SNF
Real Estate Properties
Number of properties owned (property) | property			8			8
Number of units in real estate property | property										15
Disposal Group, Disposed of by Sale, Not Discontinued Operations | SNF | California
Real Estate Properties
Number of properties owned (property) | building					3
Number of units in real estate property | unit					278
Sale price of property sold and agreed to be sold					$ 21,500
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Medical Office Building and Life Science Building
Real Estate Properties
Number of properties owned (property) | property								5
Discontinued Operations, Held-for-sale | Senior Living Communities
Real Estate Properties
Number of properties owned (property) | property								12
Number of units in real estate property | unit								1,670
Discontinued Operations, Held-for-sale | Medical Office Building and Life Science Building
Real Estate Properties
Number of properties owned (property) | property								21
Area of real estate properties (in square feet) | ft²								875,617
Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | Medical Office Building
Real Estate Properties
Number of properties owned (property) | property							10

Real Estate Investments - Equit

Real Estate Investments - Equity Investment In Joint Venture (Details) $ in Thousands	Dec. 31, 2021USD ($)ft²property	Dec. 23, 2021	Dec. 31, 2020USD ($)	Mar. 31, 2017
Real Estate
DHC Carrying value | $	$ 215,127		$ 0
Number of properties owned (property) | property	390
Seaport Innovation LLC | Joint Venture
Real Estate
Equity method investment ownership percentage	20.00%	20.00%		55.00%
DHC Carrying value | $	$ 215,127
Number of properties owned (property) | property	1
Area of real estate properties (in square feet) | ft²	1,134,479

Real Estate Investments - Mortg

Real Estate Investments - Mortgage Debt Joint Venture (Details) - Seaport Innovation LLC - Joint Venture	Dec. 31, 2021USD ($)
Real Estate
Coupon	3.53%
Principal balance	$ 620,000,000

Real Estate Investments - Sched

Real Estate Investments - Schedule of Acquisitions (Details) $ in Thousands	1 Months Ended
	Dec. 31, 2019USD ($)propertyunit	Dec. 31, 2021USD ($)property	Dec. 31, 2020USD ($)
Real Estate
Number of Properties | property		390
Net book value of collateral		$ 5,075,749	$ 5,715,829
IL | Texas | Acquisitions
Real Estate
Number of Properties | property	1
Number of Units | unit	169
Cash Paid plus Assumed Debt	$ 50,506
Acquired Real Estate Leases / Resident Agreements	2,202
Acquired Real Estate Lease Obligations	0
Assumed Debt	0
Premium on  Assumed Debt	0
Land
Real Estate
Net book value of collateral		741,501	789,125
Land | IL | Texas | Acquisitions
Real Estate
Net book value of collateral	3,463
Buildings and Improvements
Real Estate
Net book value of collateral		$ 6,072,055	$ 6,621,605
Buildings and Improvements | IL | Texas | Acquisitions
Real Estate
Net book value of collateral	44,189
FF&E | IL | Texas | Acquisitions
Real Estate
Net book value of collateral	$ 652

Real Estate Investments - Sch_2

Real Estate Investments - Schedule of Disposal Groups (Details) $ in Thousands	1 Months Ended																						12 Months Ended
	Apr. 30, 2021USD ($)building	Feb. 28, 2021USD ($)ft²building	Dec. 31, 2020USD ($)ft²propertyunitbuilding	Nov. 30, 2020USD ($)buildingunit	Oct. 31, 2020USD ($)buildingunit	Sep. 30, 2020USD ($)ft²building	Aug. 31, 2020USD ($)buildingunit	Jul. 31, 2020USD ($)ft²building	Jun. 30, 2020USD ($)ft²building	Apr. 30, 2020USD ($)buildingunit	Mar. 31, 2020USD ($)ft²building	Feb. 29, 2020USD ($)	Jan. 31, 2020USD ($)ft²building	Dec. 31, 2019USD ($)ft²buildingpropertyunit	Oct. 31, 2019USD ($)ft²buildingunit	Sep. 30, 2019USD ($)ft²buildingpropertyunit	Aug. 31, 2019USD ($)ft²building	Jul. 31, 2019USD ($)ft²building	Jun. 30, 2019USD ($)ft²building	May 31, 2019USD ($)ft²buildingunit	Mar. 31, 2019USD ($)ft²building	Feb. 28, 2019USD ($)ft²building	Dec. 31, 2021USD ($)ft²propertybuilding	Dec. 31, 2020USD ($)ft²propertyunitbuilding	Dec. 31, 2019USD ($)ft²buildingpropertyunit	Feb. 28, 2020ft²building
Real Estate
Number of Properties | property																							390
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Real Estate
Number of Properties | building			27											46									5	27	46
Sales Price																							$ 104,500	$ 152,893	$ 260,783
Gain (loss) on Sale																							$ 30,638	$ 6,262	$ 39,696
Medical Office
Real Estate
Number of Properties | property			7											20										7	20
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Real Estate
Number of Properties | property			4																					4
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Pennsylvania
Real Estate
Number of Properties | building		1																								1
Area of real estate properties (in square feet) | ft²		92,000																								50,000
Sales Price		$ 9,000										$ 2,900
Gain (loss) on Sale		$ (122)										$ 0
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Louisiana
Real Estate
Number of Properties | building													6
Area of real estate properties (in square feet) | ft²													40,575
Sales Price													$ 5,925
Gain (loss) on Sale													$ (81)
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Texas
Real Estate
Number of Properties | building								1			1
Area of real estate properties (in square feet) | ft²								6,849			70,229
Sales Price								$ 2,072			$ 8,779
Gain (loss) on Sale								$ (30)			$ 2,863
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | South Carolina
Real Estate
Number of Properties | building									1
Area of real estate properties (in square feet) | ft²									49,242
Sales Price									$ 3,550
Gain (loss) on Sale									$ 0
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Connecticut
Real Estate
Number of Properties | building								1
Area of real estate properties (in square feet) | ft²								32,162
Sales Price								$ 625
Gain (loss) on Sale								$ (25)
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Mississippi
Real Estate
Number of Properties | building						1
Area of real estate properties (in square feet) | ft²						78,747
Sales Price						$ 7,250
Gain (loss) on Sale						$ (114)
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | New York
Real Estate
Number of Properties | building			1																					1
Area of real estate properties (in square feet) | ft²			64,060																					64,060
Sales Price			$ 3,875
Gain (loss) on Sale			$ (273)
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Massachusetts
Real Estate
Number of Properties | building																1	1	3	7		1
Area of real estate properties (in square feet) | ft²																41,065	49,357	103,484	164,121		4,400
Sales Price																$ 2,750	$ 2,221	$ 4,955	$ 8,042		$ 75
Gain (loss) on Sale																$ 1,044	$ 812	$ 2,332	$ 1,590		$ (58)
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Colorado
Real Estate
Number of Properties | building																				1
Area of real estate properties (in square feet) | ft²																				15,647
Sales Price																				$ 2,590
Gain (loss) on Sale																				$ 1,029
Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Georgia
Real Estate
Number of Properties | building														1											1
Area of real estate properties (in square feet) | ft²														95,010											95,010
Sales Price														$ 14,000
Gain (loss) on Sale														$ (63)
Life Science / Medical Office | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Florida
Real Estate
Number of Properties | building	4
Area of real estate properties (in square feet) | ft²																							263,656
Sales Price	$ 95,500
Gain (loss) on Sale	$ 30,760
IL / AL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | California
Real Estate
Number of Properties | building										3
Number of units in real estate property | unit										599
Sales Price										$ 47,000
Gain (loss) on Sale										$ (256)
AL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Mississippi
Real Estate
Number of Properties | building							2
Number of units in real estate property | unit							116
Sales Price							$ 2,500
Gain (loss) on Sale							$ (42)
AL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Various
Real Estate
Number of Properties | building					3									7											7
Number of units in real estate property | unit					239									566											566
Sales Price					$ 46,000									$ 103,250
Gain (loss) on Sale					$ 4,292									$ 3,593
AL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Nebraska
Real Estate
Number of Properties | building				1
Number of units in real estate property | unit				131
Sales Price				$ 3,000
Gain (loss) on Sale				$ (26)
Life Science
Real Estate
Number of Properties | property														1											1
Life Science | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Florida
Real Estate
Number of Properties | building																						1
Area of real estate properties (in square feet) | ft²																						60,396
Sales Price																						$ 2,900
Gain (loss) on Sale																						$ (69)
Life Science | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Ohio
Real Estate
Number of Properties | building			2																					2
Area of real estate properties (in square feet) | ft²			232,016																					232,016
Sales Price			$ 7,917
Gain (loss) on Sale			$ 257
Life Science | Disposal Group, Disposed of by Sale, Not Discontinued Operations | New Jersey
Real Estate
Number of Properties | building															1
Area of real estate properties (in square feet) | ft²															205,439
Sales Price															$ 47,500
Gain (loss) on Sale															$ 0
SNF / AL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Wisconsin
Real Estate
Number of Properties | building			3																					3
Number of units in real estate property | unit			537																					537
Sales Price			$ 11,500
Gain (loss) on Sale			$ (303)
SNF / AL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | South Dakota
Real Estate
Number of Properties | building															3
Number of units in real estate property | unit															245
Sales Price															$ 10,500
Gain (loss) on Sale															$ 6,661
SNF | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Real Estate
Number of Properties | property																							8
Number of units in real estate property | property																15
SNF | Disposal Group, Disposed of by Sale, Not Discontinued Operations | California
Real Estate
Number of Properties | building																				3
Number of units in real estate property | unit																				278
Sales Price																				$ 21,500
Gain (loss) on Sale																				$ 15,207
SNF | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Various
Real Estate
Number of Properties | building																15
Number of units in real estate property | unit																964
Sales Price																$ 8,000
Gain (loss) on Sale																$ 0
IL | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Washington
Real Estate
Number of Properties | building														1											1
Number of units in real estate property | unit														150											150
Sales Price														$ 32,500
Gain (loss) on Sale														$ 7,618

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Straight line rental income	$ 5,846	$ 6,069	$ 4,508
Straight line rental income, excluding properties held-for-sale	82,131	104,803
Variable lease, payment	74,860	77,599	78,668
Reimbursement revenue lease	72,690	75,378	$ 75,432
Operating lease, right-of-use asset	$ 4,153	$ 4,237
Operating Lease, Right-of-Use Asset, Statement of Financial Position	Other assets, net	Other assets, net
Operating lease, liability	$ 4,352	$ 4,410
Operating Lease, Liability, Statement of Financial Position	Other liabilities	Other liabilities

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Liabilities (Details) $ in Thousands	Dec. 31, 2021USD ($)
Year
2022	$ 236,309
2023	234,633
2024	219,532
2025	197,712
2026	181,819
Thereafter	812,989
Total	$ 1,882,994

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 13, 2022	Jan. 01, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Scheduled to vest unvested shares
Share-based compensation expense			$ 1,960	$ 1,568	$ 1,388
Distributions to shareholders			$ 9,540	$ 42,825	$ 199,719
ALR
Scheduled to vest unvested shares
Aggregate shares issued (shares)		16,118,849
Subsequent Event
Scheduled to vest unvested shares
Common distributions declared (in dollars per share)	$ 0.01
Distributions to shareholders	$ 2,390
Certain our Officers and Employees of RMR LLC
Scheduled to vest unvested shares
Shares purchased from certain of our officers and other employees of RMR LLC (in shares)			109,384	47,375	31,747
ALR
Share-based Compensation Arrangement by Share-based Payment Award
Aggregate market value of shares awarded		$ 59,801
Share Award Plans
Share-based Compensation Arrangement by Share-based Payment Award
Remaining common shares available for issuance (in shares)			1,117,201
Number of unvested shares (in shares)			845,620	434,550	227,340	161,990
Scheduled to vest unvested shares
2022 (in shares)			253,520
2023 (in shares)			239,700
2024 (in shares)			208,800
2025 (in shares)			143,600
Estimated future compensation for the unvested shares			$ 3,116
Weighted average period over which the compensation expense will be recorded			2 years
Officers and Employees | Share Award Plans | RMR LLC
Share-based Compensation Arrangement by Share-based Payment Award
Common shares awarded (in shares)			718,000	360,000	187,500
Aggregate market value of shares awarded			$ 2,448	$ 1,357	$ 1,633
Award vesting period			5 years
Trustees | Share Award Plans | RMR LLC
Share-based Compensation Arrangement by Share-based Payment Award
Common shares awarded (in shares)			20,000	10,000	3,000
Aggregate market value of shares awarded			$ 444	$ 176	$ 119
Market value of shares awarded to each Trustee			$ 74	$ 29	$ 24

Shareholders' Equity - Schedule

Shareholders' Equity - Schedule of Shares Granted and Vested (Details) - Share Award Plans - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Number of Shares
Unvested shares at the beginning of the year (in shares)	434,550	227,340	161,990
Shares awarded (in shares)	838,000	420,000	202,500
Shares vested/forfeited (in shares)	(426,930)	(212,790)	(137,150)
Unvested shares at the end of the year (in shares)	845,620	434,550	227,340
Weighted Average Award Date Fair Value
Unvested shares at the beginning of the year (in dollars per share)	$ 6.15	$ 12.52	$ 19.41
Shares awarded (in dollars per share)	3.45	3.65	8.65
Shares vested/forfeited (in dollars per share)	4.98	7.04	8.94
Unvested shares at the end of the year (in dollars per share)	$ 4.07	$ 6.15	$ 12.52

Shareholders' Equity - Schedu_2

Shareholders' Equity - Schedule of Dividends Declared and Paid (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Stockholders' Equity Note [Abstract]
Annual Per Share Distribution (in dollars per share)	$ 0.04	$ 0.18	$ 0.84
Total Distribution	$ 9,540	$ 42,825	$ 199,719
Ordinary Income	0.00%	0.00%	0.00%
Capital Gain	100.00%	0.00%	25.70%
Return of Capital	0.00%	100.00%	74.30%

Senior Living Community Lease_3

Senior Living Community Leases and Management Agreements - Narrative (Details) $ in Thousands	Jun. 09, 2021USD ($)communityunit	Apr. 01, 2019USD ($)	Jan. 31, 2021USD ($)	Dec. 31, 2021USD ($)trusteeoptioncommunitypropertyleaseunitshares	Dec. 31, 2020USD ($)propertycommunityshares	Dec. 31, 2019USD ($)communityproperty	Jan. 01, 2020shares	Feb. 01, 2019USD ($)
Concentration Risk
Common shares, shares issued (in shares) | shares				238,994,894	238,268,478
Gain on lease termination				$ 0	$ 22,896	$ 0
Number of properties owned (property) | property				390
Acquisition and certain other transaction related costs				$ 17,506	$ 814	$ 13,102
ALR
Concentration Risk
Common shares, shares issued (in shares) | shares							10,268,158
Aggregate shares issued (shares) | shares							16,118,849
Senior Living Communities
Concentration Risk
Number of properties owned (property) | property					28	25
Number of units in real estate property | unit				27,672
Five Star | Minimum
Concentration Risk
Management fees as a percentage of gross revenues				5.00%
Construction supervision fee				3.00%
Property management agreement, management fees				70.00%
Five Star | Maximum
Concentration Risk
Management fees as a percentage of gross revenues				6.00%
Construction supervision fee				5.00%
Property management agreement, management fees				80.00%
Five Star | Investor | Minimum
Concentration Risk
Percentage of annual incentive fee				15.00%
Five Star | Investor | Maximum
Concentration Risk
Percentage of annual incentive fee				25.00%
Affiliated Entity | ALR
Concentration Risk
Number of communities managed | community						78
Affiliated Entity | Five Star
Concentration Risk
Number of communities leased by the company | community						166
Amounts of transaction					$ 75,000	$ 137,898
Gain on lease termination					22,896
Monthly minimum rent payable								$ 11,000
Payments to acquire property, plant, and equipment						49,155
Management fees as a percentage of gross revenues				5.00%
Percentage of annual incentive fee				15.00%
Consumer price index annual estimated increase				2.00%
Trigger basis for capital investment ratio (percent)				6.00%
Business and property management agreement, number of agreements | option				2
Renewal term (years)				5 years
Number of leases with related party | lease				5
Amount of improvements to communities						111,603
Expenses from property management agreement transactions with related party				$ 47,479	62,880	$ 15,327
Related party transaction capitalized amount				3,615	2,467
Payments made in exchange for customary release			$ 5,763
Refunded management fees			$ 115
Lease income				1,591	1,561
Affiliated Entity | Five Star | Property Operating Expense
Concentration Risk
Expenses from property management agreement transactions with related party				$ 43,864	$ 60,413
Affiliated Entity | Five Star | Senior Living Communities
Concentration Risk
Number of communities managed | community				120	235	78
Expenses from transactions with related party				$ 11,233	$ 25,687	$ 5,920
Number of real estate properties inadequate documentation | trustee				1
Five Star | Senior Living Communities
Concentration Risk
Number of properties owned (property) | community	120
Related party transactions, termination percentage	10.00%
Percentage of EBITDA threshold for contract termination	80.00%
Five Star | Five Star
Concentration Risk
Payments to acquire property, plant, and equipment						49,155
Amount of improvements to communities						111,603
Five Star | Affiliated Entity | Five Star
Concentration Risk
Annual rent as a percentage of gross revenues, percent				4.00%
Annual rent as a percentage of gross revenues, amount						$ 538
Disposal Group, Held-for-sale, Not Discontinued Operations | Senior Living Communities
Concentration Risk
Number of properties owned (property) | property					10	2
Number of units in real estate property | property					820
Disposal Group, Held-for-sale, Not Discontinued Operations | Five Star | Senior Living Communities
Concentration Risk
Amounts of transaction	$ 682,000
Number of properties owned (property) | community	108			108
Number of units in real estate property | unit	1,500
Disposal Group, Disposed of by Means Other than Sale, Not Discontinued Operations | Five Star | Senior Living Communities
Concentration Risk
Amounts of transaction				$ 17,363
Number of units in real estate property | unit				7,340
Acquisition and certain other transaction related costs				$ 13,311
Number of properties transitioned | community				107
Five Star | Senior Living Communities
Concentration Risk
Payments to acquire property, plant, and equipment		$ 49,155
Scenario, Adjustment | Senior Living Communities
Concentration Risk
Number of properties owned (property) | property				10
Scenario, Adjustment | Disposal Group, Held-for-sale, Not Discontinued Operations | Five Star | Senior Living Communities
Concentration Risk
Number of units in real estate property | unit	7,500
Residents fees and services | SHOP | Affiliated Entity | Five Star
Concentration Risk
Revenue reserve for inadequate documentation					$ 3,842
Penalties for inadequate documentation					$ 1,921

Senior Living Community Lease_4

Senior Living Community Leases and Management Agreements - Schedule of Assets Leased and Revenues Earned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Concentration Risk
Gross Book Value of Real Estate Assets	$ 6,813,556	$ 7,410,730
Revenue	1,383,212	1,632,026	$ 1,040,155
Senior Living Communities
Concentration Risk
Revenue	$ 974,623	$ 1,204,811	433,597
Real Estate Investment Property At Cost | Rents from significant lessee
Concentration Risk
Gross Book Value of Real Estate Assets			$ 8,420,623
Concentration of credit risk (as a percent)			100.00%
Revenue | Senior Living Communities
Concentration Risk
Revenue			$ 433,597
Revenue | Rents from significant lessee
Concentration Risk
Concentration of credit risk (as a percent)			100.00%
Revenue			$ 1,040,155
All others | Real Estate Investment Property At Cost | Rents from significant lessee
Concentration Risk
Gross Book Value of Real Estate Assets			$ 6,133,672
Concentration of credit risk (as a percent)			72.80%
All others | Real Estate Investment Property At Cost | Rents from significant lessee | Discontinued Operations, Held-for-sale
Concentration Risk
Gross Book Value of Real Estate Assets			$ 213,416
All others | Revenue | Rents from significant lessee
Concentration Risk
Concentration of credit risk (as a percent)			86.70%
Revenue			$ 902,257
Five Star | Real Estate Investment Property At Cost | Rents from significant lessee
Concentration Risk
Gross Book Value of Real Estate Assets			$ 2,286,951
Concentration of credit risk (as a percent)			27.20%
Five Star | Real Estate Investment Property At Cost | Rents from significant lessee | Discontinued Operations, Held-for-sale
Concentration Risk
Gross Book Value of Real Estate Assets			$ 50,951
Five Star | Real Estate Investment Property At Cost | Rents from significant lessee | Senior Living Communities
Concentration Risk
Gross Book Value of Real Estate Assets			$ 1,920,070
Five Star | Revenue | Rents from significant lessee
Concentration Risk
Concentration of credit risk (as a percent)			13.30%
Revenue			$ 137,898

Leases and Management Agreement

Leases and Management Agreements with Five Star - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue
Revenue	$ 1,383,212	$ 1,632,026	$ 1,040,155
Senior Living Communities
Disaggregation of Revenue
Revenue	974,623	1,204,811	433,597
Residents fees and services
Disaggregation of Revenue
Revenue	974,623	1,204,811	433,597
Residents fees and services | Basic housing and support services | Senior Living Communities
Disaggregation of Revenue
Revenue	750,644	856,687	353,699
Residents fees and services | Medicare and Medicaid programs | Senior Living Communities
Disaggregation of Revenue
Revenue	98,273	173,878	31,324
Residents fees and services | Private pay and other third party payer SNF services | Senior Living Communities
Disaggregation of Revenue
Revenue	$ 125,706	$ 174,246	$ 48,574

Business and Property Managem_2

Business and Property Management Agreements with RMR LLC (Details)	Dec. 23, 2021	Dec. 31, 2021USD ($)employee	Dec. 31, 2021USD ($)employeeleaseagreement	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Mar. 31, 2017
Related Party Transaction
Number of employees | employee		0	0
Professional fees			$ 13,161,000	$ 13,805,000	$ 13,373,000
Seaport Innovation LLC | Joint Venture
Related Party Transaction
Additional equity joint venture percentage	35.00%	35.00%
Equity method investment ownership percentage	20.00%	20.00%	20.00%			55.00%
RMR LLC
Related Party Transaction
Business management fees incurred			$ 23,378,000	20,629,000	27,399,000
Recognized amortization of the liability			$ 2,974,000	2,974,000	2,974,000
Management agreement fee payments					40,642,000
Percentage of property management fees payable			3.00%
Construction supervision fees payable under property management agreement as a percentage of construction costs		5.00%	5.00%
Property management and construction supervision fees			$ 12,504,000	13,802,000	13,141,000
Amortization of liability related to property management and construction supervision fees			797,000	797,000	797,000
Party transaction property management and construction supervision fees capitalized		$ 2,820,000	$ 2,820,000	3,718,000	2,436,000
Period over which transition services will be provided by the related party after termination of the agreement			120 days
RMR LLC | Operating Expense
Related Party Transaction
Property management and construction supervision fees			$ 9,684,000	$ 10,084,000	$ 10,705,000
RMR LLC | Senior Living Communities
Related Party Transaction
Number of consecutive renewal terms of agreement | agreement			2
RMR LLC | Amended Agreement
Related Party Transaction
Base management fee payable as a percentage of average historical cost of real estate investments, excluding transferred assets for investments exceeding specified amount		0.50%	0.50%
Base management fee payable as a percentage of average historical cost of real estate investments, excluding transferred assets for investments up to specified amount		0.70%	0.70%
Threshold amount of other real estate investments for payment of base management fee		$ 250,000,000	$ 250,000,000
Base management fee payable as a percentage of average market capitalization exceeding specified amount		0.50%	0.50%
Threshold amount of average market capitalization for payment of base management fee		$ 250,000,000	$ 250,000,000
Base management fee payable as a percentage of average closing price per share of common shares on NYSE		0.70%	0.70%
Base management fee payable as a percentage of aggregate book value of real estate assets or transferred assets		0.50%	0.50%
Incentive management fee payable (as a percent)		12.00%	12.00%
Period of measurement			3 years
Top consecutive trading days			10 days
Consecutive trading days			30 days
Management agreement incentive fee payable		$ 0	$ 0
Incentive management fee cap on common shares		1.50%	1.50%
RMR LLC | Amended Agreement | Up C Transaction
Related Party Transaction
Number of business days notice for termination of property management agreement for convenience by the related party			60 days
Window for providing notice of termination of property management agreement for performance by the related party			60 days
Window for providing notice of termination of property management agreement for change of control by the related party			12 months
Number of terminated management agreements for convenience before termination fee is incurred | lease			1
Number of RMR LLC terminated management agreements for good cause before termination fee is incurred | lease			1
Number of terminated management agreements for a performance reason before termination fee is incurred | lease			1
Termination fee remaining term assumption			10 years
RMR LLC | Maximum
Related Party Transaction
Threshold amount of real estate investments for payment of base management fee		$ 250,000,000	$ 250,000,000
Base management fee payable, average market capitalization		$ 250,000,000	$ 250,000,000
RMR LLC | Maximum | Amended Agreement | Up C Transaction
Related Party Transaction
Termination fee term			20 years
RMR LLC | Minimum | Amended Agreement | Up C Transaction
Related Party Transaction
Termination fee term			19 years
RMR LLC | SNL US REIT Healthcare Index | Maximum | Amended Agreement
Related Party Transaction
Incentive management fee reduction, basis spread			5.00%
RMR LLC | SNL US REIT Healthcare Index | Minimum | Amended Agreement
Related Party Transaction
Incentive management fee reduction, basis spread			2.00%

Related Person Transactions (De

Related Person Transactions (Details) $ / shares in Units, $ in Thousands	Jul. 01, 2019USD ($)$ / sharesshares	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2021USD ($)agreementshares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)	Feb. 13, 2020party
Related Party Transaction
Distributions in excess of earnings from Affiliates Insurance Company				$ 11	$ 287	$ 6,426
Equity method investments, carrying value				31,540	73,772
Equity in earnings of an investee				0	0	400
Equity in unrealized gain of an investee				0	0	91
Revenue				1,383,212	1,632,026	1,040,155
Rental income
Related Party Transaction
Revenue				$ 408,589	427,215	606,558
Medical Office
Related Party Transaction
Standalone insurance policy coverage period				1 year
ALR
Related Party Transaction
Investment in common shares (in shares) | shares				10,691,658
Ownership interest by parent				32.70%
Affiliated Entity
Related Party Transaction
Minimum percentage of ownership of lessee's voting stock above which the entity has the option to cancel all its rights				9.80%
Equity in earnings of an investee				$ 0	0	400
Affiliated Entity | The RMR Group Inc
Related Party Transaction
Number of unrelated parties | party								4
ALR
Related Party Transaction
Maximum percentage of any class of equity shares that can be acquired without approval				9.80%
RMR LLC
Related Party Transaction
Number of management agreements with related party | agreement				2
RMR LLC | Rental income
Related Party Transaction
Revenue				$ 190	163	256
AIC | Affiliated Entity
Related Party Transaction
Total premiums including taxes and fees							$ 4,413
Distributions in excess of earnings from Affiliates Insurance Company		$ 287	$ 9,000	$ 11
Equity method investments, carrying value			$ 298		$ 11	$ 298
ABP Acquisition LLC | ALR
Related Party Transaction
Ownership interest by noncontrolling owners				6.20%
RMR LLC | Year one
Related Party Transaction
Award vesting rights, percentage				20.00%
RMR LLC | Year two
Related Party Transaction
Award vesting rights, percentage				20.00%
RMR LLC | Year three
Related Party Transaction
Award vesting rights, percentage				20.00%
RMR LLC | Year four
Related Party Transaction
Award vesting rights, percentage				20.00%
RMR LLC | Year five
Related Party Transaction
Award vesting rights, percentage				20.00%
Class A common shares | Affiliated Entity | RMR Inc.
Related Party Transaction
Number of shares issued in transaction | shares	2,637,408
Sale of stock, price per share (in dollars per share) | $ / shares	$ 40
Proceeds from sale of RMR Inc. common shares, net	$ 98,557

Indebtedness - Narrative (Detai

Indebtedness - Narrative (Details)

1 Months Ended

5 Months Ended

12 Months Ended

Feb. 23, 2022USD ($)

Feb. 28, 2021USD ($)

Feb. 07, 2021

Jan. 31, 2021USD ($)

Jun. 30, 2020USD ($)

May 31, 2020USD ($)property

Apr. 30, 2020USD ($)

Feb. 29, 2020USD ($)property

May 31, 2019USD ($)community

Jun. 02, 2020

Dec. 31, 2021USD ($)property

Dec. 31, 2020USD ($)property

Dec. 31, 2019USD ($)property

Jan. 31, 2023USD ($)

Jun. 30, 2021USD ($)

Mar. 31, 2021USD ($)

Jan. 30, 2021USD ($)

Debt Instrument

Revolving credit facility

$ 800,000,000

$ 0

Loss on early extinguishment of debt

$ 2,410,000

427,000

$ 44,000

Number of properties owned (property) | property

390

Total real estate properties, gross

$ 6,813,556,000

7,410,730,000

Repayments of borrowings on revolving credit facility

0

968,000,000

$ 596,000,000

Accrued interest

$ 29,845,000

23,772,000

Debt ratio

150.00%

Senior unsecured notes

Debt Instrument

Principal amount of debt

$ 2,850,000,000

$ 2,650,000,000

Medical Office

Debt Instrument

Number of properties owned (property) | property

7

20

Life Science

Debt Instrument

Number of properties owned (property) | property

1

Unsecured Revolving Credit Facility

Debt Instrument

Unsecured revolving credit facility, maximum borrowing capacity

$ 800,000,000

$ 800,000,000

$ 1,000,000,000

Revolving credit facility, interest rate payable (as a percent)

2.90%

Loan commitment fee percentage

0.30%

Weighted average interest rate on debt (as a percent)

2.90%

2.20%

3.40%

Revolving credit facility

$ 800,000,000

Loss on early extinguishment of debt

$ 563,000

Capital expenditure funding capacity

$ 350,000,000

250,000,000

Minimum liquidity requirement amount

$ 200,000,000

Weighted average annual interest rate (as a percent)

2.90%

Unsecured Revolving Credit Facility | Subsequent Event

Debt Instrument

Unsecured revolving credit facility, maximum borrowing capacity

$ 700,000,000

Option term (years)

1 year

Capital expenditure funding capacity

$ 400,000,000

Repayments of borrowings on revolving credit facility

100,000,000

Minimum liquidity requirement amount

$ 200,000,000

Unsecured Revolving Credit Facility | Subsequent Event | Forecast

Debt Instrument

Unsecured revolving credit facility, maximum borrowing capacity

$ 586,373,000

Unsecured Revolving Credit Facility | Life Science / Medical Office

Debt Instrument

Number of properties owned (property) | property

61

Total real estate properties, gross

$ 992,493,000

Term loan due 2022 | Senior unsecured notes

Debt Instrument

Revolving credit facility

$ 200,000,000

Loss on early extinguishment of debt

1,477,000

Principal amount of debt

200,000,000

Debt Instrument, Interest Rate During Period

2.90%

2.70%

3.70%

Senior Unsecured Notes Due June 2021 | Senior unsecured notes

Debt Instrument

Loss on early extinguishment of debt

370,000

Principal amount of debt

$ 300,000,000

Interest rate (as a percent)

6.75%

Accrued interest

$ 10,125,000

Senior unsecured notes due 2019

Debt Instrument

Loss on early extinguishment of debt

$ 17,000

Interest rate (as a percent)

325.00%

Debt extinguishment, amount

$ 400,000

Debt extinguishment, accrued and interest payable

6,500,000

Senior Unsecured Note Due July 2019

Debt Instrument

Principal amount of debt

$ 42,211,000

Interest rate (as a percent)

3.79%

Number of communities | community

4

Term loan due 2020

Debt Instrument

Loss on early extinguishment of debt

$ 26,000

(27,000)

Principal amount of debt

250,000,000

$ 250,000

Weighted average annual interest rate (as a percent)

2.40%

Unsecured term loan due January 2020

Debt Instrument

Principal amount of debt

$ 350,000,000

Senior Unsecured Notes Due March 2026 | Life Science

Debt Instrument

Loss on early extinguishment of debt

$ 246,000

Number of properties owned (property) | property

1

Interest rate (as a percent)

6.25%

Repayments of debt

$ 1,554,000

Senior unsecured note due 2020

Debt Instrument

Interest rate (as a percent)

6.75%

Debt extinguishment, amount

$ 200,000

Accrued and unpaid interest

$ 6,750,000

Mortgage notes 7.49% maturing in January 2022 | Medical Office

Debt Instrument

Loss on early extinguishment of debt

$ 155,000

Number of properties owned (property) | property

1

Interest rate (as a percent)

7.49%

Repayments of debt

$ 1,213,000

Senior Unsecured Note Due March 2025

Debt Instrument

Principal amount of debt

$ 1,000,000

Interest rate (as a percent)

9.75%

Net proceeds from offering

$ 982,300,000

Debt instrument, redemption percentage, maximum

40.00%

Debt instrument, outstanding percentage, maximum

50.00%

Senior Note 4.375 Due 2031 | Senior unsecured notes

Debt Instrument

Principal amount of debt

$ 500,000,000

Interest rate (as a percent)

4.375%

Net proceeds from offering

$ 491,357,000

Revolving Credit Facility | Unsecured Revolving Credit Facility | Subsequent Event

Debt Instrument

Basis points per annum (as a percent)

0.15%

Revolving Credit Facility | Unsecured Revolving Credit Facility | LIBOR

Debt Instrument

Basis points per annum (as a percent)

0.30%

Indebtedness - Schedule of Outs

Indebtedness - Schedule of Outstanding Debts (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Unsecured debt
Debt Instrument
Total floating rate debt	$ 800,000,000	$ 200,000,000
Debt issuance costs, net	0	951,000
Senior unsecured notes
Debt Instrument
Debt issuance costs, net	37,836,000	35,045,000
Face Amount	2,850,000,000	2,650,000,000
Unamortized Discount	5,353,000	6,766,000
Unsecured Revolving Credit Facility | Unsecured debt
Debt Instrument
Unsecured revolving credit facility	800,000,000	0
Unsecured term loan due September 2022 | Unsecured debt
Debt Instrument
Unsecured term loans	$ 0	200,000,000
Senior unsecured notes due 2021 | Senior unsecured notes
Debt Instrument
Coupon	6.75%
Face Amount	$ 0	300,000,000
Unamortized Discount	$ 0	490,000
Senior unsecured notes due 2024 | Senior unsecured notes
Debt Instrument
Coupon	4.75%
Face Amount	$ 250,000,000	250,000,000
Unamortized Discount	$ 184,000	263,000
Senior unsecured notes due 2025 | Senior unsecured notes
Debt Instrument
Coupon	9.75%
Face Amount	$ 1,000,000,000	1,000,000,000
Unamortized Discount	$ 0	0
Senior unsecured notes due 2028 | Senior unsecured notes
Debt Instrument
Coupon	4.75%
Face Amount	$ 500,000,000	500,000,000
Unamortized Discount	$ 5,169,000	6,013,000
Senior unsecured notes due 2031 | Senior unsecured notes
Debt Instrument
Coupon	4.375%
Face Amount	$ 500,000,000	0
Unamortized Discount	$ 0	0
Senior unsecured notes due 2042 | Senior unsecured notes
Debt Instrument
Coupon	5.625%
Face Amount	$ 350,000,000	350,000,000
Unamortized Discount	$ 0	0
Senior unsecured notes due 2046 | Senior unsecured notes
Debt Instrument
Coupon	6.25%
Face Amount	$ 250,000,000	250,000,000
Unamortized Discount	$ 0	$ 0
Senior Unsecured Notes Due June 2021 | Senior unsecured notes
Debt Instrument
Coupon	6.75%
Face Amount	$ 300,000,000

Indebtedness - Schedule of Secu

Indebtedness - Schedule of Secured and Other Debt (Details) $ in Thousands	Dec. 31, 2021USD ($)property	Dec. 31, 2020USD ($)
Debt Instrument
Principal Balance	$ 69,713	$ 691,573
Net book value of collateral	5,075,749	5,715,829
Unamortized discount (premium) and debt issuance costs, net	3,676,524
Secured Debt
Debt Instrument
Principal Balance	$ 69,135	692,294
Number of Properties as Collateral | property	8
Net book value of collateral	$ 118,342	822,153
Secured Debt | Mortgage notes 6.28% maturing July 2022
Debt Instrument
Principal Balance	$ 11,120	11,838
Interest rate (as a percent)	6.28%
Number of Properties as Collateral | property	1
Net book value of collateral	$ 23,525	23,500
Secured Debt | Mortgage notes 4.85% maturing October 2022
Debt Instrument
Principal Balance	$ 10,479	10,724
Interest rate (as a percent)	4.85%
Number of Properties as Collateral | property	1
Net book value of collateral	$ 19,211	19,675
Secured Debt | Mortgage notes 5.75% maturing October 2022
Debt Instrument
Principal Balance	$ 15,456	15,805
Interest rate (as a percent)	5.75%
Number of Properties as Collateral | property	2
Net book value of collateral	$ 19,099	19,180
Secured Debt | Mortgage notes 6.64% maturing June 2023
Debt Instrument
Principal Balance	$ 15,204	15,646
Interest rate (as a percent)	6.64%
Number of Properties as Collateral | property	1
Net book value of collateral	$ 24,593	23,023
Secured Debt | Mortgage notes 3.53% maturing in August 2026
Debt Instrument
Principal Balance	$ 0	620,000
Interest rate (as a percent)	3.53%
Number of Properties as Collateral | property	0
Net book value of collateral	$ 0	705,096
Secured Debt | Mortgage notes 4.44% maturing July 2043
Debt Instrument
Principal Balance	$ 10,240	10,470
Interest rate (as a percent)	4.44%
Number of Properties as Collateral | property	1
Net book value of collateral	$ 13,387	13,582
Secured Debt | Capital leases 7.70% maturing in April 2026
Debt Instrument
Principal Balance	$ 6,636	7,811
Interest rate (as a percent)	7.70%
Number of Properties as Collateral | property	2
Net book value of collateral	$ 18,527	18,097
Secured Debt | Mortgage notes 7.49% maturing in January 2022
Debt Instrument
Unamortized discount (premium) and debt issuance costs, net	$ (578)	$ 721
Joint Venture | Secured Debt | Mortgage notes 3.53% maturing in August 2026
Debt Instrument
Ownership interest by parent	20.00%

Indebtedness - Schedule of Prin

Indebtedness - Schedule of Principal Payments of Debt (Details) $ in Thousands	Dec. 31, 2021USD ($)
Debt Disclosure [Abstract]
2022	$ 39,067
2023	816,413
2024	251,834
2025	1,002,001
2026	904
Thereafter	1,608,916
Unamortized discount (premium) and debt issuance costs, net	$ 3,676,524

Fair Value of Assets and Liab_3

Fair Value of Assets and Liabilities - Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 23, 2021	Mar. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Gains and losses on equity securities, net	$ (42,232)	$ 34,106	$ (41,898)
ALR
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investment in common shares (in shares)	10,691,658
Joint Venture | Seaport Innovation LLC
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Equity method investment ownership percentage	20.00%			20.00%	55.00%
Holding period	10 years
Joint Venture | Seaport Innovation LLC | Discount Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Measurement input	0.0558
Joint Venture | Seaport Innovation LLC | Market Capitalization Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Measurement input	0.0525
Recurring | Level 1 | Carrying Amount | ALR
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	$ 31,540	73,772
Investment in common shares (in shares)	10,691,658
Gains and losses on equity securities, net		34,106
Recurring | Level 1 | Estimated Fair Value | ALR
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	$ 31,540	73,772
Recurring | Level 3 | Carrying Amount | Joint Venture
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	215,127	0
Recurring | Level 3 | Estimated Fair Value | Joint Venture
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Investments	$ 215,127	$ 0

Fair Value of Assets and Liab_4

Fair Value of Assets and Liabilities - Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	$ 2,876,524	$ 3,299,762
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	$ 2,919,651	3,489,902
Senior unsecured notes | Senior unsecured notes, 6.750% coupon rate, due 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	6.75%
Senior unsecured notes | Senior unsecured notes, 4.750% coupon rate, due 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	4.75%
Senior unsecured notes | Senior unsecured notes, 9.750% coupon rate, due 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	9.75%
Senior unsecured notes | Senior unsecured notes, 4.750% coupon rate, due 2028
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	4.75%
Senior unsecured notes | Senior unsecured notes, 4.375% coupon rate, due 2031
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	4.375%
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 6.750% coupon rate, due 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	6.75%
Secured and secured debt	$ 0	299,273
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 4.750% coupon rate, due 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	4.75%
Secured and secured debt	$ 249,348	249,068
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 9.750% coupon rate, due 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	9.75%
Secured and secured debt	$ 987,903	984,359
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 4.750% coupon rate, due 2028
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	4.75%
Secured and secured debt	$ 492,199	490,925
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 4.375% coupon rate, due 2031
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	4.375%
Secured and secured debt	$ 492,127	0
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 5.625% coupon rate, due 2042
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	5.625%
Secured and secured debt	$ 342,183	341,802
Senior unsecured notes | Carrying Amount | Senior unsecured notes, 6.250% coupon rate, due 2046
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Coupon	6.25%
Secured and secured debt	$ 243,051	242,762
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 6.750% coupon rate, due 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	0	303,891
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 4.750% coupon rate, due 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	257,695	256,258
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 9.750% coupon rate, due 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	1,081,990	1,135,800
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 4.750% coupon rate, due 2028
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	491,480	502,648
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 4.375% coupon rate, due 2031
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	480,763	0
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 5.625% coupon rate, due 2042
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	309,260	330,120
Senior unsecured notes | Estimated Fair Value | Senior unsecured notes, 6.250% coupon rate, due 2046
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	226,500	245,000
Secured debts | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	69,713	691,573
Secured debts | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Secured and secured debt	$ 71,963	$ 716,185

Fair Value of Assets and Liab_5

Fair Value of Assets and Liabilities - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)security	Dec. 23, 2021	Jan. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Revolving credit facility | $	$ 800,000			$ 0
Term loan due 2022 | Senior unsecured notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Revolving credit facility | $			$ 200,000
Seaport Innovation LLC | Joint Venture
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Equity method investment ownership percentage	20.00%	20.00%			55.00%
Holding period	10 years
Seaport Innovation LLC | Joint Venture | Discount Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Measurement input	0.0558
Seaport Innovation LLC | Joint Venture | Market Capitalization Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Measurement input	0.0525
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Number of debt securities | security	2
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Number of debt securities | security	4

Noncontrolling Interest (Detail

Noncontrolling Interest (Details) $ in Thousands	Dec. 23, 2021	Dec. 31, 2021	Dec. 31, 2021USD ($)property	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Mar. 31, 2017
Noncontrolling Interest
Net income attributable to noncontrolling interest			$ 5,411	$ 5,146	$ 5,356
Comprehensive income attributable to noncontrolling interest			5,411	5,146	5,356
Distributions to noncontrolling interest			$ 22,348	$ 22,292	$ 21,583
Seaport Innovation LLC | Joint Venture
Noncontrolling Interest
Number of properties included in joint venture agreement | property			1
Equity method investment ownership percentage	20.00%	20.00%	20.00%			55.00%
Additional equity joint venture percentage	35.00%	35.00%
Seaport Innovation LLC | Joint Venture | Investor
Noncontrolling Interest
Equity method investment ownership percentage						45.00%

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)segment	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Segment reporting
Number of reportable segments | segment	2
Total revenues	$ 1,383,212	$ 1,632,026	$ 1,040,155
Expenses:
Property operating expenses	1,091,812	1,236,357	489,070
Depreciation and amortization	271,131	270,147	289,025
General and administrative	34,087	30,593	37,028
Acquisition and certain other transaction related costs	17,506	814	13,102
Impairment of assets	(174)	106,972	115,201
Total expenses	1,414,362	1,644,883	943,426
Gain on sale of properties	492,272	6,487	39,696
Dividend income	0	0	1,846
Gains and losses on equity securities, net	(42,232)	34,106	(41,898)
Interest and other income	20,635	18,221	941
Interest expense	(255,759)	(201,483)	(180,112)
Gain on lease termination	0	22,896	0
Loss on early extinguishment of debt	(2,410)	(427)	(44)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee	181,356	(133,057)	(82,842)
Income tax expense	(1,430)	(1,250)	(436)
Equity in earnings of an investee	0	0	400
Net income (loss)	179,926	(134,307)	(82,878)
Net income attributable to noncontrolling interest	(5,411)	(5,146)	(5,356)
Net income (loss) attributable to common shareholders	174,515	(139,453)	(88,234)
Total assets	6,623,514	6,476,424	6,653,826
Non-Segment
Segment reporting
Total revenues	40,992	43,850	63,644
Expenses:
Property operating expenses	0	0	0
Depreciation and amortization	11,455	11,702	18,777
General and administrative	34,087	30,593	37,028
Acquisition and certain other transaction related costs	17,506	814	13,102
Impairment of assets	0	0	6,344
Total expenses	63,048	43,109	75,251
Gain on sale of properties	0	4,517	17,872
Dividend income			1,846
Gains and losses on equity securities, net	(42,232)	34,106	(41,898)
Interest and other income	1,081	736	941
Interest expense	(230,193)	(175,072)	(152,655)
Gain on lease termination		22,896
Loss on early extinguishment of debt	(2,410)	(26)	(27)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee	(295,810)	(112,102)	(185,528)
Income tax expense	(1,430)	(1,250)	(436)
Equity in earnings of an investee			400
Net income (loss)	(297,240)	(113,352)	(185,564)
Net income attributable to noncontrolling interest	0	0	0
Net income (loss) attributable to common shareholders	(297,240)	(113,352)	(185,564)
Total assets	1,345,043	471,565	443,260
Office Portfolio | Operating Segments
Segment reporting
Total revenues	367,597	383,365	405,016
Expenses:
Property operating expenses	127,313	129,756	132,348
Depreciation and amortization	127,632	129,321	137,611
General and administrative	0	0	0
Acquisition and certain other transaction related costs	0	0	0
Impairment of assets	0	8,558	43,035
Total expenses	254,945	267,635	312,994
Gain on sale of properties	492,072	2,597	6,617
Dividend income			0
Gains and losses on equity securities, net	0	0	0
Interest and other income	0	0	0
Interest expense	(23,477)	(24,188)	(24,399)
Gain on lease termination		0
Loss on early extinguishment of debt	0	(401)	0
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee	581,247	93,738	74,240
Income tax expense	0	0	0
Equity in earnings of an investee			0
Net income (loss)	581,247	93,738	74,240
Net income attributable to noncontrolling interest	(5,411)	(5,146)	(5,356)
Net income (loss) attributable to common shareholders	575,836	88,592	68,884
Total assets	2,282,652	3,092,289	3,165,577
SHOP
Expenses:
Interest and other income	19,554	17,485
SHOP | Operating Segments
Segment reporting
Total revenues	974,623	1,204,811	571,495
Expenses:
Property operating expenses	964,499	1,106,601	356,722
Depreciation and amortization	132,044	129,124	132,637
General and administrative	0	0	0
Acquisition and certain other transaction related costs	0	0	0
Impairment of assets	(174)	98,414	65,822
Total expenses	1,096,369	1,334,139	555,181
Gain on sale of properties	200	(627)	15,207
Dividend income			0
Gains and losses on equity securities, net	0	0	0
Interest and other income			0
Interest expense	(2,089)	(2,223)	(3,058)
Gain on lease termination		0
Loss on early extinguishment of debt	0	0	(17)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee	(104,081)	(114,693)	28,446
Income tax expense	0	0	0
Equity in earnings of an investee			0
Net income (loss)	(104,081)	(114,693)	28,446
Net income attributable to noncontrolling interest	0	0	0
Net income (loss) attributable to common shareholders	(104,081)	(114,693)	28,446
Total assets	2,995,819	2,912,570	3,044,989
Rental income
Segment reporting
Total revenues	408,589	427,215	606,558
Rental income | Non-Segment
Segment reporting
Total revenues	40,992	43,850	63,644
Rental income | Office Portfolio | Operating Segments
Segment reporting
Total revenues	367,597	383,365	405,016
Rental income | SHOP | Operating Segments
Segment reporting
Total revenues	0	0	137,898
Residents fees and services
Segment reporting
Total revenues	974,623	1,204,811	433,597
Residents fees and services | Non-Segment
Segment reporting
Total revenues	0	0	0
Residents fees and services | Office Portfolio | Operating Segments
Segment reporting
Total revenues	0	0	0
Residents fees and services | SHOP | Operating Segments
Segment reporting
Total revenues	$ 974,623	$ 1,204,811	$ 433,597

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current:
Federal	$ 200	$ 0	$ 0
State	1,230	1,250	436
Current income tax expense (benefit)	1,430	1,250	436
Deferred:
Federal	0	0	0
State	0	0	0
Deferred tax expense (benefit)	0	0	0
Income tax provision	$ 1,430	$ 1,250	$ 436

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Effective Tax Rate (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Effective Income Tax Rate Reconciliation, Percent
Taxes at statutory U.S. federal income tax rate	21.00%	21.00%	21.00%
Nontaxable income	(21.00%)	(21.00%)	(21.00%)
Federal excise tax	0.10%	0.00%	0.00%
State and local income taxes, net of federal tax benefit	0.80%	(1.30%)	0.50%
Effective tax rate	0.90%	(1.30%)	0.50%

Income Taxes - Deferred Income

Income Taxes - Deferred Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
Deferred income	$ 2,132	$ 3,252
Fair market value adjustment	1,577	10,856
Other	784	758
Tax loss carryforwards	25,829	28,358
Deferred tax assets, gross	30,322	43,224
Valuation allowance	(30,322)	(43,224)
Deferred tax assets, net of valuation allowance	0	0
Net deferred income taxes	$ 0	$ 0

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Percentage of valuation allowance provided	100.00%	100.00%
TRSs operating loss carryforwards	$ 103,682
Operating loss carry forwards not subject to expiration	$ 141,160

Weighted Average Common Share_2

Weighted Average Common Shares (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Weighted average shares used in computing earnings per common share:
Weighted average common shares for basic earnings per share (in shares)	237,967	237,739	237,604
Effect of dilutive securities: restricted share awards (in shares)	0	0	0
Weighted average common shares for diluted earnings per share (in shares)	237,967	237,739	237,604
Antidilutive securities excluded from computation of earnings per share (in shares)	60	223	36

SCHEDULE III REAL ESTATE AND _2

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION - Properties (Details) - Continuing Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Real Estate And Accumulated Depreciation
Encumbrances	$ 69,135
Initial Cost to Company
Land	715,799
Buildings, Improvements & Equipment	5,050,945
Cost Capitalized Subsequent to Acquisition	1,455,137
Impairment	(140,345)
Cost Basis Adjustment	(267,980)
Cost at the end of the period
Land	741,501
Buildings, Improvements & Equipment	6,072,055
Total	6,813,556	$ 7,410,730	$ 7,461,586	$ 7,876,300
Accumulated Depreciation	1,737,807	$ 1,694,901	$ 1,570,801	$ 1,534,392
2184 Parkway Lake Drive, Birmingham, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	580
Buildings, Improvements & Equipment	5,980
Cost Capitalized Subsequent to Acquisition	2,576
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	580
Buildings, Improvements & Equipment	8,556
Total	9,136
Accumulated Depreciation	2,597
2634 Valleydale Road, Birmingham, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	600
Buildings, Improvements & Equipment	7,574
Cost Capitalized Subsequent to Acquisition	2,333
Impairment	0
Cost Basis Adjustment	(83)
Cost at the end of the period
Land	1,559
Buildings, Improvements & Equipment	8,865
Total	10,424
Accumulated Depreciation	2,905
2021 Dahlke Drive NE, Cullman, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	287
Buildings, Improvements & Equipment	3,415
Cost Capitalized Subsequent to Acquisition	853
Impairment	0
Cost Basis Adjustment	(301)
Cost at the end of the period
Land	287
Buildings, Improvements & Equipment	3,967
Total	4,254
Accumulated Depreciation	1,516
101 Tulip Lane, Dothan, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,543
Buildings, Improvements & Equipment	14,619
Cost Capitalized Subsequent to Acquisition	608
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,543
Buildings, Improvements & Equipment	15,227
Total	18,770
Accumulated Depreciation	2,111
49 Hughes Road, Madison, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	334
Buildings, Improvements & Equipment	3,981
Cost Capitalized Subsequent to Acquisition	1,225
Impairment	0
Cost Basis Adjustment	(243)
Cost at the end of the period
Land	334
Buildings, Improvements & Equipment	4,963
Total	5,297
Accumulated Depreciation	1,900
200 Terrace Lane, Priceville, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,300
Buildings, Improvements & Equipment	9,447
Cost Capitalized Subsequent to Acquisition	843
Impairment	0
Cost Basis Adjustment	(110)
Cost at the end of the period
Land	1,365
Buildings, Improvements & Equipment	10,115
Total	11,480
Accumulated Depreciation	2,791
413 Cox Boulevard, Sheffield, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	394
Buildings, Improvements & Equipment	4,684
Cost Capitalized Subsequent to Acquisition	942
Impairment	0
Cost Basis Adjustment	(294)
Cost at the end of the period
Land	394
Buildings, Improvements & Equipment	5,332
Total	5,726
Accumulated Depreciation	2,109
2435 Columbiana Road, Vestavia Hills, AL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	843
Buildings, Improvements & Equipment	23,472
Cost Capitalized Subsequent to Acquisition	2,722
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	902
Buildings, Improvements & Equipment	26,135
Total	27,037
Accumulated Depreciation	5,477
4461 N Crossover Road, Fayetteville, AR
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	733
Buildings, Improvements & Equipment	10,432
Cost Capitalized Subsequent to Acquisition	293
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	733
Buildings, Improvements & Equipment	10,725
Total	11,458
Accumulated Depreciation	2,037
4210 S Caraway Road, Jonesboro, AR
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	653
Buildings, Improvements & Equipment	9,515
Cost Capitalized Subsequent to Acquisition	370
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	653
Buildings, Improvements & Equipment	9,885
Total	10,538
Accumulated Depreciation	1,871
672 Jones Road, Springdale, AR
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	572
Buildings, Improvements & Equipment	9,364
Cost Capitalized Subsequent to Acquisition	1,193
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	572
Buildings, Improvements & Equipment	10,557
Total	11,129
Accumulated Depreciation	1,948
13840 North Desert Harbor Drive, Peoria, AZ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,687
Buildings, Improvements & Equipment	15,843
Cost Capitalized Subsequent to Acquisition	8,569
Impairment	0
Cost Basis Adjustment	(2,252)
Cost at the end of the period
Land	2,693
Buildings, Improvements & Equipment	22,154
Total	24,847
Accumulated Depreciation	9,634
11209 N. Tatum Boulevard, Phoenix, AZ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,380
Buildings, Improvements & Equipment	6,349
Cost Capitalized Subsequent to Acquisition	4,757
Impairment	0
Cost Basis Adjustment	(303)
Cost at the end of the period
Land	1,573
Buildings, Improvements & Equipment	10,610
Total	12,183
Accumulated Depreciation	2,945
2444 West Las Palmaritas Drive, Phoenix, AZ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,820
Buildings, Improvements & Equipment	6,669
Cost Capitalized Subsequent to Acquisition	2,979
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,831
Buildings, Improvements & Equipment	9,637
Total	13,468
Accumulated Depreciation	2,018
4121 East Cotton Center, Phoenix, AZ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,166
Buildings, Improvements & Equipment	12,724
Cost Capitalized Subsequent to Acquisition	541
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	5,205
Buildings, Improvements & Equipment	13,226
Total	18,431
Accumulated Depreciation	2,292
3850 N US Hwy 89 Prescott, AZ
Real Estate And Accumulated Depreciation
Encumbrances	15,204
Initial Cost to Company
Land	2,017
Buildings, Improvements & Equipment	17,513
Cost Capitalized Subsequent to Acquisition	7,786
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,017
Buildings, Improvements & Equipment	25,299
Total	27,316
Accumulated Depreciation	2,723
6001 East Thomas Road, Scottsdale, AZ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	941
Buildings, Improvements & Equipment	8,807
Cost Capitalized Subsequent to Acquisition	5,373
Impairment	0
Cost Basis Adjustment	(367)
Cost at the end of the period
Land	946
Buildings, Improvements & Equipment	13,808
Total	14,754
Accumulated Depreciation	7,738
7090 East Mescal Street Scottsdale, A Z
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,315
Buildings, Improvements & Equipment	13,650
Cost Capitalized Subsequent to Acquisition	12,755
Impairment	0
Cost Basis Adjustment	(2,094)
Cost at the end of the period
Land	2,349
Buildings, Improvements & Equipment	24,277
Total	26,626
Accumulated Depreciation	9,498
17225 North Boswell Boulevard Sun City, A Z
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,189
Buildings, Improvements & Equipment	10,569
Cost Capitalized Subsequent to Acquisition	3,218
Impairment	0
Cost Basis Adjustment	(517)
Cost at the end of the period
Land	1,189
Buildings, Improvements & Equipment	13,270
Total	14,459
Accumulated Depreciation	7,971
14001 W. Meeker Boulevard Sun City West, A Z
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	395
Buildings, Improvements & Equipment	3,307
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(192)
Cost at the end of the period
Land	395
Buildings, Improvements & Equipment	3,115
Total	3,510
Accumulated Depreciation	1,469
1415 West 3rd Street Tempe, AZ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,186
Buildings, Improvements & Equipment	13,446
Cost Capitalized Subsequent to Acquisition	3,721
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,896
Buildings, Improvements & Equipment	14,457
Total	19,353
Accumulated Depreciation	2,405
2500 North Rosemont Boulevard Tucson, A Z
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,429
Buildings, Improvements & Equipment	26,119
Cost Capitalized Subsequent to Acquisition	8,041
Impairment	0
Cost Basis Adjustment	(3,141)
Cost at the end of the period
Land	4,576
Buildings, Improvements & Equipment	30,872
Total	35,448
Accumulated Depreciation	14,140
710 North Euclid, Anaheim, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,850
Buildings, Improvements & Equipment	6,964
Cost Capitalized Subsequent to Acquisition	2,215
Impairment	(1,350)
Cost Basis Adjustment	(2,405)
Cost at the end of the period
Land	2,518
Buildings, Improvements & Equipment	5,756
Total	8,274
Accumulated Depreciation	449
5000 Marina Boulevard, Brisbane, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	7,957
Buildings, Improvements & Equipment	13,430
Cost Capitalized Subsequent to Acquisition	745
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	7,957
Buildings, Improvements & Equipment	14,175
Total	22,132
Accumulated Depreciation	1,547
5770 Armada Drive, Carlsbad, CA
Real Estate And Accumulated Depreciation
Encumbrances	10,479
Initial Cost to Company
Land	3,875
Buildings, Improvements & Equipment	18,543
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,875
Buildings, Improvements & Equipment	18,543
Total	22,418
Accumulated Depreciation	3,207
1350 South El Camino Real, Encinitas, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,510
Buildings, Improvements & Equipment	18,042
Cost Capitalized Subsequent to Acquisition	2,372
Impairment	0
Cost Basis Adjustment	(53)
Cost at the end of the period
Land	1,517
Buildings, Improvements & Equipment	20,354
Total	21,871
Accumulated Depreciation	6,455
47201 Lakeview Boulevard, Fremont, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,200
Buildings, Improvements & Equipment	10,177
Cost Capitalized Subsequent to Acquisition	36
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,200
Buildings, Improvements & Equipment	10,213
Total	13,413
Accumulated Depreciation	2,626
47211/47215 Lakeview Boulevard, Fremont, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,750
Buildings, Improvements & Equipment	12,656
Cost Capitalized Subsequent to Acquisition	3,732
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,750
Buildings, Improvements & Equipment	16,388
Total	20,138
Accumulated Depreciation	3,265
47900 Bayside Parkway Fremont, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,580
Buildings, Improvements & Equipment	10,370
Cost Capitalized Subsequent to Acquisition	2,203
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,580
Buildings, Improvements & Equipment	12,573
Total	17,153
Accumulated Depreciation	2,901
577 South Peach Street Fresno, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	738
Buildings, Improvements & Equipment	2,577
Cost Capitalized Subsequent to Acquisition	4,175
Impairment	0
Cost Basis Adjustment	(211)
Cost at the end of the period
Land	738
Buildings, Improvements & Equipment	6,541
Total	7,279
Accumulated Depreciation	2,758
6075 North Marks Avenue Fresno, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	880
Buildings, Improvements & Equipment	12,751
Cost Capitalized Subsequent to Acquisition	938
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	889
Buildings, Improvements & Equipment	13,680
Total	14,569
Accumulated Depreciation	4,546
8631 West 3rd Street Los Angeles, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	24,640
Buildings, Improvements & Equipment	88,277
Cost Capitalized Subsequent to Acquisition	18,122
Impairment	0
Cost Basis Adjustment	(908)
Cost at the end of the period
Land	25,391
Buildings, Improvements & Equipment	104,740
Total	130,131
Accumulated Depreciation	28,026
8635 West 3rd Street Los Angeles, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	24,640
Buildings, Improvements & Equipment	90,352
Cost Capitalized Subsequent to Acquisition	15,367
Impairment	0
Cost Basis Adjustment	(764)
Cost at the end of the period
Land	25,331
Buildings, Improvements & Equipment	104,264
Total	129,595
Accumulated Depreciation	28,178
1319 Brookside Avenue, Redlands, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,770
Buildings, Improvements & Equipment	9,982
Cost Capitalized Subsequent to Acquisition	1,361
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,770
Buildings, Improvements & Equipment	11,343
Total	13,113
Accumulated Depreciation	3,640
110 Sterling Court Roseville, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,620
Buildings, Improvements & Equipment	10,262
Cost Capitalized Subsequent to Acquisition	2,245
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,620
Buildings, Improvements & Equipment	12,507
Total	14,127
Accumulated Depreciation	3,905
16925 & 16916 Hierba Drive San Diego, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	9,142
Buildings, Improvements & Equipment	53,904
Cost Capitalized Subsequent to Acquisition	20,060
Impairment	0
Cost Basis Adjustment	(6,938)
Cost at the end of the period
Land	9,180
Buildings, Improvements & Equipment	66,988
Total	76,168
Accumulated Depreciation	29,785
3030 Science Park San Diego, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,466
Buildings, Improvements & Equipment	46,473
Cost Capitalized Subsequent to Acquisition	29,559
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,466
Buildings, Improvements & Equipment	76,032
Total	78,498
Accumulated Depreciation	15,054
3040 Science Park San Diego, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,225
Buildings, Improvements & Equipment	23,077
Cost Capitalized Subsequent to Acquisition	22,654
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,225
Buildings, Improvements & Equipment	45,731
Total	46,956
Accumulated Depreciation	7,593
3050 Science Park San Diego, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,508
Buildings, Improvements & Equipment	28,753
Cost Capitalized Subsequent to Acquisition	24,549
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,508
Buildings, Improvements & Equipment	53,302
Total	54,810
Accumulated Depreciation	9,303
2904 Orchard Parkway, San Jose, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	10,788
Buildings, Improvements & Equipment	8,890
Cost Capitalized Subsequent to Acquisition	2,621
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	10,804
Buildings, Improvements & Equipment	11,495
Total	22,299
Accumulated Depreciation	1,860
3530 Deer Park Drive Stockton CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	670
Buildings, Improvements & Equipment	14,419
Cost Capitalized Subsequent to Acquisition	2,079
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	682
Buildings, Improvements & Equipment	16,486
Total	17,168
Accumulated Depreciation	5,299
877 East March Lane Stockton, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,176
Buildings, Improvements & Equipment	11,171
Cost Capitalized Subsequent to Acquisition	6,892
Impairment	0
Cost Basis Adjustment	(1,885)
Cost at the end of the period
Land	1,411
Buildings, Improvements & Equipment	15,943
Total	17,354
Accumulated Depreciation	6,648
28515 Westinghouse Place Valencia, CA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,669
Buildings, Improvements & Equipment	41,440
Cost Capitalized Subsequent to Acquisition	20
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,689
Buildings, Improvements & Equipment	41,440
Total	46,129
Accumulated Depreciation	7,169
1866 San Miguel Drive Walnut Creek, C A
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,010
Buildings, Improvements & Equipment	9,290
Cost Capitalized Subsequent to Acquisition	5,415
Impairment	0
Cost Basis Adjustment	(930)
Cost at the end of the period
Land	3,417
Buildings, Improvements & Equipment	12,368
Total	15,785
Accumulated Depreciation	3,178
1950 South Dayton Street, Aurora, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,062
Buildings, Improvements & Equipment	46,195
Cost Capitalized Subsequent to Acquisition	3,601
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,120
Buildings, Improvements & Equipment	49,738
Total	52,858
Accumulated Depreciation	9,725
515 Fairview Avenue, Canon City, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	292
Buildings, Improvements & Equipment	6,228
Cost Capitalized Subsequent to Acquisition	2,000
Impairment	(3,512)
Cost Basis Adjustment	(517)
Cost at the end of the period
Land	299
Buildings, Improvements & Equipment	4,192
Total	4,491
Accumulated Depreciation	1,969
110 West Van Buren Street, Colorado Springs, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	245
Buildings, Improvements & Equipment	5,236
Cost Capitalized Subsequent to Acquisition	3,170
Impairment	(3,031)
Cost Basis Adjustment	(701)
Cost at the end of the period
Land	245
Buildings, Improvements & Equipment	4,674
Total	4,919
Accumulated Depreciation	1,771
3920 East San Miguel Street, Colorado Springs, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,380
Buildings, Improvements & Equipment	8,894
Cost Capitalized Subsequent to Acquisition	4,218
Impairment	0
Cost Basis Adjustment	(34)
Cost at the end of the period
Land	1,612
Buildings, Improvements & Equipment	12,846
Total	14,458
Accumulated Depreciation	3,673
2050 South Main Street, Delta, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	167
Buildings, Improvements & Equipment	3,570
Cost Capitalized Subsequent to Acquisition	1,461
Impairment	0
Cost Basis Adjustment	(415)
Cost at the end of the period
Land	167
Buildings, Improvements & Equipment	4,616
Total	4,783
Accumulated Depreciation	2,411
2501 Little Bookcliff Drive, Grand Junction, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	204
Buildings, Improvements & Equipment	3,875
Cost Capitalized Subsequent to Acquisition	2,210
Impairment	0
Cost Basis Adjustment	(908)
Cost at the end of the period
Land	207
Buildings, Improvements & Equipment	5,174
Total	5,381
Accumulated Depreciation	3,029
2825 Patterson Road, Grand Junction, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	173
Buildings, Improvements & Equipment	2,583
Cost Capitalized Subsequent to Acquisition	3,293
Impairment	0
Cost Basis Adjustment	(786)
Cost at the end of the period
Land	173
Buildings, Improvements & Equipment	5,090
Total	5,263
Accumulated Depreciation	2,732
1599 Ingalls Street, Lakewood, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	232
Buildings, Improvements & Equipment	3,766
Cost Capitalized Subsequent to Acquisition	4,094
Impairment	0
Cost Basis Adjustment	(860)
Cost at the end of the period
Land	232
Buildings, Improvements & Equipment	7,000
Total	7,232
Accumulated Depreciation	4,294
5555 South Elati Street, Littleton, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	185
Buildings, Improvements & Equipment	5,043
Cost Capitalized Subsequent to Acquisition	4,277
Impairment	0
Cost Basis Adjustment	(1,068)
Cost at the end of the period
Land	191
Buildings, Improvements & Equipment	8,246
Total	8,437
Accumulated Depreciation	4,899
8271 South Continental Divide Road, Littleton, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	3,507
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(202)
Cost at the end of the period
Land	400
Buildings, Improvements & Equipment	3,305
Total	3,705
Accumulated Depreciation	1,559
9005 Grant Street, Thornton, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	961
Buildings, Improvements & Equipment	10,867
Cost Capitalized Subsequent to Acquisition	1,179
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,269
Buildings, Improvements & Equipment	11,738
Total	13,007
Accumulated Depreciation	2,640
7809 W. 38th Avenue, Wheat Ridge, CO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	470
Buildings, Improvements & Equipment	3,373
Cost Capitalized Subsequent to Acquisition	88
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	475
Buildings, Improvements & Equipment	3,456
Total	3,931
Accumulated Depreciation	993
40 Sebethe Drive, Cromwell, CT
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	570
Buildings, Improvements & Equipment	5,304
Cost Capitalized Subsequent to Acquisition	1,787
Impairment	0
Cost Basis Adjustment	(424)
Cost at the end of the period
Land	596
Buildings, Improvements & Equipment	6,641
Total	7,237
Accumulated Depreciation	1,747
1145 19th Street NW, Washington, DC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	13,600
Buildings, Improvements & Equipment	24,880
Cost Capitalized Subsequent to Acquisition	36,435
Impairment	0
Cost Basis Adjustment	(597)
Cost at the end of the period
Land	13,600
Buildings, Improvements & Equipment	60,718
Total	74,318
Accumulated Depreciation	12,553
2141 K Street, NW, Washington, DC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	13,700
Buildings, Improvements & Equipment	8,400
Cost Capitalized Subsequent to Acquisition	5,442
Impairment	0
Cost Basis Adjustment	(518)
Cost at the end of the period
Land	13,700
Buildings, Improvements & Equipment	13,324
Total	27,024
Accumulated Depreciation	4,420
255 Possum Park Road, Newark, DE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,010
Buildings, Improvements & Equipment	11,852
Cost Capitalized Subsequent to Acquisition	8,039
Impairment	0
Cost Basis Adjustment	(1,759)
Cost at the end of the period
Land	2,761
Buildings, Improvements & Equipment	17,381
Total	20,142
Accumulated Depreciation	7,010
4175 Ogletown Stanton Rd, Newark, DE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,500
Buildings, Improvements & Equipment	19,447
Cost Capitalized Subsequent to Acquisition	1,639
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,563
Buildings, Improvements & Equipment	21,023
Total	22,586
Accumulated Depreciation	7,180
1212 Foulk Road, Wilmington, DE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,179
Buildings, Improvements & Equipment	6,950
Cost Capitalized Subsequent to Acquisition	2,603
Impairment	0
Cost Basis Adjustment	(1,310)
Cost at the end of the period
Land	1,202
Buildings, Improvements & Equipment	8,220
Total	9,422
Accumulated Depreciation	3,869
1912 Marsh Road Wilmington, DE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,365
Buildings, Improvements & Equipment	25,739
Cost Capitalized Subsequent to Acquisition	7,498
Impairment	0
Cost Basis Adjustment	(2,293)
Cost at the end of the period
Land	4,431
Buildings, Improvements & Equipment	30,878
Total	35,309
Accumulated Depreciation	13,640
2723 Shipley Road Wilmington, DE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	869
Buildings, Improvements & Equipment	5,126
Cost Capitalized Subsequent to Acquisition	5,327
Impairment	0
Cost Basis Adjustment	(1,726)
Cost at the end of the period
Land	978
Buildings, Improvements & Equipment	8,618
Total	9,596
Accumulated Depreciation	3,729
407 Foulk Road Wilmington, DE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	38
Buildings, Improvements & Equipment	227
Cost Capitalized Subsequent to Acquisition	2,763
Impairment	0
Cost Basis Adjustment	(433)
Cost at the end of the period
Land	84
Buildings, Improvements & Equipment	2,511
Total	2,595
Accumulated Depreciation	731
22601 Camino Del Mar, Boca Raton, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,200
Buildings, Improvements & Equipment	46,800
Cost Capitalized Subsequent to Acquisition	7,802
Impairment	0
Cost Basis Adjustment	(1,816)
Cost at the end of the period
Land	3,204
Buildings, Improvements & Equipment	52,782
Total	55,986
Accumulated Depreciation	13,932
1325 S Congress Avenue, Boynton Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,620
Buildings, Improvements & Equipment	5,341
Cost Capitalized Subsequent to Acquisition	1,717
Impairment	0
Cost Basis Adjustment	(121)
Cost at the end of the period
Land	1,628
Buildings, Improvements & Equipment	6,929
Total	8,557
Accumulated Depreciation	1,660
1425 Congress Avenue, Boynton Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,390
Buildings, Improvements & Equipment	14,768
Cost Capitalized Subsequent to Acquisition	3,827
Impairment	0
Cost Basis Adjustment	(721)
Cost at the end of the period
Land	2,390
Buildings, Improvements & Equipment	17,874
Total	20,264
Accumulated Depreciation	5,041
1416 Country Club Blvd, Cape Coral, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	2,907
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(173)
Cost at the end of the period
Land	400
Buildings, Improvements & Equipment	2,734
Total	3,134
Accumulated Depreciation	1,290
8500 Royal Palm Boulevard, Coral Springs, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,410
Buildings, Improvements & Equipment	20,104
Cost Capitalized Subsequent to Acquisition	32,030
Impairment	0
Cost Basis Adjustment	(3,859)
Cost at the end of the period
Land	3,421
Buildings, Improvements & Equipment	48,264
Total	51,685
Accumulated Depreciation	17,262
1208 South Military Trail, Deerfield Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,690
Buildings, Improvements & Equipment	14,972
Cost Capitalized Subsequent to Acquisition	32,207
Impairment	0
Cost Basis Adjustment	(2,251)
Cost at the end of the period
Land	1,777
Buildings, Improvements & Equipment	44,841
Total	46,618
Accumulated Depreciation	17,974
3001 DC Country Club Boulevard, Deerfield Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,196
Buildings, Improvements & Equipment	18,848
Cost Capitalized Subsequent to Acquisition	22,290
Impairment	0
Cost Basis Adjustment	(2,813)
Cost at the end of the period
Land	3,222
Buildings, Improvements & Equipment	38,299
Total	41,521
Accumulated Depreciation	14,935
12780 Kenwood Lane, Fort Myers, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	369
Buildings, Improvements & Equipment	2,174
Cost Capitalized Subsequent to Acquisition	3,709
Impairment	0
Cost Basis Adjustment	(444)
Cost at the end of the period
Land	859
Buildings, Improvements & Equipment	4,949
Total	5,808
Accumulated Depreciation	2,054
2525 First Street, Fort Myers, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,385
Buildings, Improvements & Equipment	21,137
Cost Capitalized Subsequent to Acquisition	23,381
Impairment	0
Cost Basis Adjustment	(1,322)
Cost at the end of the period
Land	2,577
Buildings, Improvements & Equipment	43,004
Total	45,581
Accumulated Depreciation	20,860
1825 Ridgewood Avenue, Holly Hill, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	700
Buildings, Improvements & Equipment	16,700
Cost Capitalized Subsequent to Acquisition	3,261
Impairment	(2,636)
Cost Basis Adjustment	(4,649)
Cost at the end of the period
Land	684
Buildings, Improvements & Equipment	12,692
Total	13,376
Accumulated Depreciation	1,640
2480 North Park Road, Hollywood, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,500
Buildings, Improvements & Equipment	40,500
Cost Capitalized Subsequent to Acquisition	19,755
Impairment	0
Cost Basis Adjustment	(1,637)
Cost at the end of the period
Land	4,556
Buildings, Improvements & Equipment	58,562
Total	63,118
Accumulated Depreciation	15,903
8901 Tamiami Trail East, Naples, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,200
Buildings, Improvements & Equipment	2,898
Cost Capitalized Subsequent to Acquisition	15,068
Impairment	0
Cost Basis Adjustment	(837)
Cost at the end of the period
Land	3,200
Buildings, Improvements & Equipment	17,129
Total	20,329
Accumulated Depreciation	5,631
12780 Waterford Lakes Parkway, Orlando, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	977
Buildings, Improvements & Equipment	3,946
Cost Capitalized Subsequent to Acquisition	579
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,052
Buildings, Improvements & Equipment	4,450
Total	5,502
Accumulated Depreciation	854
1603 S. Hiawassee Road, Orlando, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	488
Buildings, Improvements & Equipment	2,621
Cost Capitalized Subsequent to Acquisition	352
Impairment	0
Cost Basis Adjustment	(81)
Cost at the end of the period
Land	488
Buildings, Improvements & Equipment	2,892
Total	3,380
Accumulated Depreciation	569
1825 N. Mills Avenue, Orlando, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	519
Buildings, Improvements & Equipment	1,799
Cost Capitalized Subsequent to Acquisition	415
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	580
Buildings, Improvements & Equipment	2,153
Total	2,733
Accumulated Depreciation	763
1911 N. Mills Avenue, Orlando, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,946
Buildings, Improvements & Equipment	7,197
Cost Capitalized Subsequent to Acquisition	866
Impairment	0
Cost Basis Adjustment	(538)
Cost at the end of the period
Land	2,042
Buildings, Improvements & Equipment	7,429
Total	9,471
Accumulated Depreciation	2,386
1925 N. Mills Avenue, Orlando, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	135
Buildings, Improvements & Equipment	532
Cost Capitalized Subsequent to Acquisition	252
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	199
Buildings, Improvements & Equipment	720
Total	919
Accumulated Depreciation	292
250 N. Alafaya Trail, Orlando, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	967
Buildings, Improvements & Equipment	4,362
Cost Capitalized Subsequent to Acquisition	389
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	967
Buildings, Improvements & Equipment	4,751
Total	5,718
Accumulated Depreciation	979
45 Katherine Boulevard, Palm Harbor, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,379
Buildings, Improvements & Equipment	29,945
Cost Capitalized Subsequent to Acquisition	9,045
Impairment	0
Cost Basis Adjustment	(816)
Cost at the end of the period
Land	3,392
Buildings, Improvements & Equipment	38,161
Total	41,553
Accumulated Depreciation	24,079
900 West Lake Road, Palm Harbor, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,449
Buildings, Improvements & Equipment	20,336
Cost Capitalized Subsequent to Acquisition	11,916
Impairment	0
Cost Basis Adjustment	(3,160)
Cost at the end of the period
Land	3,493
Buildings, Improvements & Equipment	29,048
Total	32,541
Accumulated Depreciation	12,465
8500 West Sunrise Boulevard, Plantation, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,700
Buildings, Improvements & Equipment	24,300
Cost Capitalized Subsequent to Acquisition	10,999
Impairment	0
Cost Basis Adjustment	(2,475)
Cost at the end of the period
Land	4,717
Buildings, Improvements & Equipment	32,807
Total	37,524
Accumulated Depreciation	9,850
1371 South Ocean Boulevard, Pompano Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,500
Buildings, Improvements & Equipment	15,500
Cost Capitalized Subsequent to Acquisition	15,927
Impairment	0
Cost Basis Adjustment	(1,564)
Cost at the end of the period
Land	2,560
Buildings, Improvements & Equipment	29,803
Total	32,363
Accumulated Depreciation	8,891
2701 North Course Drive, Pompano Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	7,700
Buildings, Improvements & Equipment	2,127
Cost Capitalized Subsequent to Acquisition	41,511
Impairment	0
Cost Basis Adjustment	(2,332)
Cost at the end of the period
Land	7,700
Buildings, Improvements & Equipment	41,306
Total	49,006
Accumulated Depreciation	14,027
20480 Veterans Boulevard, Port Charlotte, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	11,934
Cost Capitalized Subsequent to Acquisition	2,107
Impairment	0
Cost Basis Adjustment	(550)
Cost at the end of the period
Land	440
Buildings, Improvements & Equipment	13,451
Total	13,891
Accumulated Depreciation	4,090
1699 S.E. Lyngate Drive, Port St. Lucie, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,242
Buildings, Improvements & Equipment	11,009
Cost Capitalized Subsequent to Acquisition	4,799
Impairment	0
Cost Basis Adjustment	(269)
Cost at the end of the period
Land	1,249
Buildings, Improvements & Equipment	15,532
Total	16,781
Accumulated Depreciation	9,152
501 N.W. Cashmere Boulevard, Port St. Lucie, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	890
Buildings, Improvements & Equipment	9,345
Cost Capitalized Subsequent to Acquisition	2,911
Impairment	0
Cost Basis Adjustment	(135)
Cost at the end of the period
Land	1,673
Buildings, Improvements & Equipment	11,338
Total	13,011
Accumulated Depreciation	3,142
900 South Harbour Island Blvd, Tampa, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,850
Buildings, Improvements & Equipment	6,349
Cost Capitalized Subsequent to Acquisition	7
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,850
Buildings, Improvements & Equipment	6,356
Total	11,206
Accumulated Depreciation	2,257
111 Executive Center Drive, West Palm Beach, FL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,061
Buildings, Improvements & Equipment	12,153
Cost Capitalized Subsequent to Acquisition	20,856
Impairment	0
Cost Basis Adjustment	(2,982)
Cost at the end of the period
Land	2,075
Buildings, Improvements & Equipment	30,013
Total	32,088
Accumulated Depreciation	10,227
2351 Cedarcrest Road, Acworth, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,000
Buildings, Improvements & Equipment	6,674
Cost Capitalized Subsequent to Acquisition	618
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,000
Buildings, Improvements & Equipment	7,292
Total	9,292
Accumulated Depreciation	1,363
1200 Bluegrass Lakes Parkway, Alpharetta, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,689
Buildings, Improvements & Equipment	15,936
Cost Capitalized Subsequent to Acquisition	142
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,761
Buildings, Improvements & Equipment	16,006
Total	17,767
Accumulated Depreciation	2,762
855 North Point Pkwy, Alpharetta, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,390
Buildings, Improvements & Equipment	26,712
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	5,390
Buildings, Improvements & Equipment	26,712
Total	32,102
Accumulated Depreciation	8,931
253 N. Main Street, Alpharetta, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,325
Buildings, Improvements & Equipment	12,377
Cost Capitalized Subsequent to Acquisition	1,170
Impairment	0
Cost Basis Adjustment	(64)
Cost at the end of the period
Land	1,221
Buildings, Improvements & Equipment	13,587
Total	14,808
Accumulated Depreciation	2,591
1291 Cedar Shoals Drive, Athens, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	337
Buildings, Improvements & Equipment	4,006
Cost Capitalized Subsequent to Acquisition	1,615
Impairment	0
Cost Basis Adjustment	(290)
Cost at the end of the period
Land	368
Buildings, Improvements & Equipment	5,300
Total	5,668
Accumulated Depreciation	1,918
1515 Sheridan Road, Atlanta, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,800
Buildings, Improvements & Equipment	9,305
Cost Capitalized Subsequent to Acquisition	3
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	5,800
Buildings, Improvements & Equipment	9,308
Total	15,108
Accumulated Depreciation	3,286
240 Marietta Highway, Canton, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	806
Buildings, Improvements & Equipment	8,555
Cost Capitalized Subsequent to Acquisition	2,397
Impairment	0
Cost Basis Adjustment	(55)
Cost at the end of the period
Land	806
Buildings, Improvements & Equipment	10,897
Total	11,703
Accumulated Depreciation	2,510
4500 South Stadium Drive, Columbus, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	294
Buildings, Improvements & Equipment	3,505
Cost Capitalized Subsequent to Acquisition	946
Impairment	0
Cost Basis Adjustment	(225)
Cost at the end of the period
Land	298
Buildings, Improvements & Equipment	4,222
Total	4,520
Accumulated Depreciation	1,550
Wellbrook Circle 1352 Conyers GA 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	342
Buildings, Improvements & Equipment	4,068
Cost Capitalized Subsequent to Acquisition	1,769
Impairment	(1,366)
Cost Basis Adjustment	(2,032)
Cost at the end of the period
Land	206
Buildings, Improvements & Equipment	2,575
Total	2,781
Accumulated Depreciation	70
1501 Milstead Road, Conyers, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	750
Buildings, Improvements & Equipment	7,796
Cost Capitalized Subsequent to Acquisition	712
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	777
Buildings, Improvements & Equipment	8,481
Total	9,258
Accumulated Depreciation	2,498
3875 Post Road, Cumming, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	954
Buildings, Improvements & Equipment	12,796
Cost Capitalized Subsequent to Acquisition	248
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	960
Buildings, Improvements & Equipment	13,038
Total	13,998
Accumulated Depreciation	2,638
4960 Jot Em Down Road, Cumming, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,548
Buildings, Improvements & Equipment	18,666
Cost Capitalized Subsequent to Acquisition	13,033
Impairment	0
Cost Basis Adjustment	(257)
Cost at the end of the period
Land	3,416
Buildings, Improvements & Equipment	29,574
Total	32,990
Accumulated Depreciation	6,913
5610 Hampton Park Dr., Cumming, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,479
Buildings, Improvements & Equipment	14,771
Cost Capitalized Subsequent to Acquisition	233
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,481
Buildings, Improvements & Equipment	15,002
Total	18,483
Accumulated Depreciation	3,071
7955 Majors Road, Cumming, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,325
Buildings, Improvements & Equipment	7,770
Cost Capitalized Subsequent to Acquisition	904
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,325
Buildings, Improvements & Equipment	8,674
Total	9,999
Accumulated Depreciation	1,645
2470 Dug Gap Road, Dalton, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	262
Buildings, Improvements & Equipment	3,119
Cost Capitalized Subsequent to Acquisition	1,285
Impairment	0
Cost Basis Adjustment	(133)
Cost at the end of the period
Land	262
Buildings, Improvements & Equipment	4,271
Total	4,533
Accumulated Depreciation	1,515
101 West Ponce De Leon Avenue, Decatur, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,500
Buildings, Improvements & Equipment	13,179
Cost Capitalized Subsequent to Acquisition	2,145
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,500
Buildings, Improvements & Equipment	15,324
Total	18,824
Accumulated Depreciation	3,185
2801 N. Decatur Road, Decatur, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,100
Buildings, Improvements & Equipment	4,436
Cost Capitalized Subsequent to Acquisition	2,533
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,260
Buildings, Improvements & Equipment	6,809
Total	10,069
Accumulated Depreciation	2,148
114 Penland Street, Ellijay, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	496
Buildings, Improvements & Equipment	7,107
Cost Capitalized Subsequent to Acquisition	1,455
Impairment	0
Cost Basis Adjustment	(157)
Cost at the end of the period
Land	496
Buildings, Improvements & Equipment	8,405
Total	8,901
Accumulated Depreciation	1,765
353 North Belair Road, Evans, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	230
Buildings, Improvements & Equipment	2,663
Cost Capitalized Subsequent to Acquisition	1,326
Impairment	0
Cost Basis Adjustment	(244)
Cost at the end of the period
Land	230
Buildings, Improvements & Equipment	3,745
Total	3,975
Accumulated Depreciation	1,333
1294 Highway 54 West, Fayetteville, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	853
Buildings, Improvements & Equipment	9,903
Cost Capitalized Subsequent to Acquisition	1,324
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	943
Buildings, Improvements & Equipment	11,137
Total	12,080
Accumulated Depreciation	2,170
2435 Limestone Parkway, Gainesville, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	268
Buildings, Improvements & Equipment	3,186
Cost Capitalized Subsequent to Acquisition	1,621
Impairment	0
Cost Basis Adjustment	(224)
Cost at the end of the period
Land	268
Buildings, Improvements & Equipment	4,583
Total	4,851
Accumulated Depreciation	1,585
3315 Thompson Bridge Road, Gainesville, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	934
Buildings, Improvements & Equipment	30,962
Cost Capitalized Subsequent to Acquisition	1,937
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	956
Buildings, Improvements & Equipment	32,877
Total	33,833
Accumulated Depreciation	6,319
5373 Thompson Mill Road, Hoschton, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	944
Buildings, Improvements & Equipment	12,171
Cost Capitalized Subsequent to Acquisition	216
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	959
Buildings, Improvements & Equipment	12,372
Total	13,331
Accumulated Depreciation	2,404
8080 Summit Business Parkway, Jonesboro, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,800
Buildings, Improvements & Equipment	20,664
Cost Capitalized Subsequent to Acquisition	4,460
Impairment	0
Cost Basis Adjustment	(456)
Cost at the end of the period
Land	1,800
Buildings, Improvements & Equipment	24,668
Total	26,468
Accumulated Depreciation	7,010
Peake Road 6191 Macon GA 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	183
Buildings, Improvements & Equipment	2,179
Cost Capitalized Subsequent to Acquisition	1,329
Impairment	(848)
Cost Basis Adjustment	(1,142)
Cost at the end of the period
Land	110
Buildings, Improvements & Equipment	1,591
Total	1,701
Accumulated Depreciation	47
1360 Upper Hembree Road, Roswell, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,080
Buildings, Improvements & Equipment	6,138
Cost Capitalized Subsequent to Acquisition	752
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,067
Buildings, Improvements & Equipment	6,903
Total	7,970
Accumulated Depreciation	1,555
1 Savannah Square Drive 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,200
Buildings, Improvements & Equipment	19,090
Cost Capitalized Subsequent to Acquisition	7,990
Impairment	(6,993)
Cost Basis Adjustment	(8,926)
Cost at the end of the period
Land	835
Buildings, Improvements & Equipment	11,526
Total	12,361
Accumulated Depreciation	510
5200 Habersham Street, Savannah, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	800
Buildings, Improvements & Equipment	7,800
Cost Capitalized Subsequent to Acquisition	2,096
Impairment	(3,082)
Cost Basis Adjustment	(2,627)
Cost at the end of the period
Land	476
Buildings, Improvements & Equipment	4,511
Total	4,987
Accumulated Depreciation	100
Skidaway Road7410 Savannah G A 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	5,670
Cost Capitalized Subsequent to Acquisition	1,957
Impairment	(1,870)
Cost Basis Adjustment	(2,626)
Cost at the end of the period
Land	252
Buildings, Improvements & Equipment	3,279
Total	3,531
Accumulated Depreciation	106
2078 Scenic Highway North, Snellville, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	870
Buildings, Improvements & Equipment	4,030
Cost Capitalized Subsequent to Acquisition	1,517
Impairment	0
Cost Basis Adjustment	(256)
Cost at the end of the period
Land	870
Buildings, Improvements & Equipment	5,291
Total	6,161
Accumulated Depreciation	1,318
475 Country Club Drive, Stockbridge, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	512
Buildings, Improvements & Equipment	9,560
Cost Capitalized Subsequent to Acquisition	1,047
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	551
Buildings, Improvements & Equipment	10,568
Total	11,119
Accumulated Depreciation	2,097
1300 Montreal Road, Tucker, GA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	690
Buildings, Improvements & Equipment	6,210
Cost Capitalized Subsequent to Acquisition	2,142
Impairment	0
Cost Basis Adjustment	(469)
Cost at the end of the period
Land	694
Buildings, Improvements & Equipment	7,879
Total	8,573
Accumulated Depreciation	2,776
1100 Ward Avenue, Honolulu, HI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	11,200
Buildings, Improvements & Equipment	55,618
Cost Capitalized Subsequent to Acquisition	7,232
Impairment	0
Cost Basis Adjustment	(71)
Cost at the end of the period
Land	11,247
Buildings, Improvements & Equipment	62,732
Total	73,979
Accumulated Depreciation	15,341
2340 West Seltice Way, Coeur d'Alene, ID
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	910
Buildings, Improvements & Equipment	7,170
Cost Capitalized Subsequent to Acquisition	3,360
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,052
Buildings, Improvements & Equipment	10,388
Total	11,440
Accumulated Depreciation	2,826
850 Lincoln Drive, Idaho Falls, ID
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	510
Buildings, Improvements & Equipment	6,640
Cost Capitalized Subsequent to Acquisition	2,970
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	760
Buildings, Improvements & Equipment	9,360
Total	10,120
Accumulated Depreciation	2,484
1250 West Central Road, Arlington Heights, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,665
Buildings, Improvements & Equipment	32,587
Cost Capitalized Subsequent to Acquisition	10,441
Impairment	0
Cost Basis Adjustment	(385)
Cost at the end of the period
Land	3,781
Buildings, Improvements & Equipment	42,527
Total	46,308
Accumulated Depreciation	26,487
1450 Busch Parkway, Buffalo Grove, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,800
Buildings, Improvements & Equipment	11,456
Cost Capitalized Subsequent to Acquisition	929
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,815
Buildings, Improvements & Equipment	12,370
Total	16,185
Accumulated Depreciation	3,548
2601 Patriot Boulevard, Glenview, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,285
Buildings, Improvements & Equipment	9,593
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,285
Buildings, Improvements & Equipment	9,593
Total	11,878
Accumulated Depreciation	1,659
1373 D'Ardian Professional Park, Godfrey, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	281
Buildings, Improvements & Equipment	15,088
Cost Capitalized Subsequent to Acquisition	731
Impairment	0
Cost Basis Adjustment	(135)
Cost at the end of the period
Land	281
Buildings, Improvements & Equipment	15,684
Total	15,965
Accumulated Depreciation	3,020
900 43rd Avenue, Moline, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	482
Buildings, Improvements & Equipment	7,651
Cost Capitalized Subsequent to Acquisition	573
Impairment	0
Cost Basis Adjustment	(76)
Cost at the end of the period
Land	482
Buildings, Improvements & Equipment	8,148
Total	8,630
Accumulated Depreciation	1,515
221 11th Avenue, Moline, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	161
Buildings, Improvements & Equipment	7,244
Cost Capitalized Subsequent to Acquisition	1,513
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	161
Buildings, Improvements & Equipment	8,757
Total	8,918
Accumulated Depreciation	1,713
2700 14th Street, Pekin, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	171
Buildings, Improvements & Equipment	11,475
Cost Capitalized Subsequent to Acquisition	554
Impairment	0
Cost Basis Adjustment	(159)
Cost at the end of the period
Land	172
Buildings, Improvements & Equipment	11,869
Total	12,041
Accumulated Depreciation	2,277
7130 Crimson Ridge Drive, Rockford, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	200
Buildings, Improvements & Equipment	7,300
Cost Capitalized Subsequent to Acquisition	2,336
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,596
Buildings, Improvements & Equipment	8,240
Total	9,836
Accumulated Depreciation	2,352
1220 Lakeview Drive, Romeoville, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,120
Buildings, Improvements & Equipment	19,582
Cost Capitalized Subsequent to Acquisition	(61)
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,058
Buildings, Improvements & Equipment	19,583
Total	20,641
Accumulated Depreciation	6,547
1201 Hartman Lane, Shiloh, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	743
Buildings, Improvements & Equipment	7,232
Cost Capitalized Subsequent to Acquisition	2,113
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,237
Buildings, Improvements & Equipment	8,851
Total	10,088
Accumulated Depreciation	1,461
900 Southwind Road, Springfield, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	6,744
Cost Capitalized Subsequent to Acquisition	2,304
Impairment	0
Cost Basis Adjustment	(403)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	8,645
Total	8,945
Accumulated Depreciation	3,052
2705 Avenue E, Sterling, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	341
Buildings, Improvements & Equipment	14,331
Cost Capitalized Subsequent to Acquisition	638
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	343
Buildings, Improvements & Equipment	14,967
Total	15,310
Accumulated Depreciation	2,951
39 Dorothy Drive, Troy, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,002
Buildings, Improvements & Equipment	7,010
Cost Capitalized Subsequent to Acquisition	1,577
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,002
Buildings, Improvements & Equipment	8,587
Total	9,589
Accumulated Depreciation	1,416
100 Grand Victorian Place, Washington, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	241
Buildings, Improvements & Equipment	12,046
Cost Capitalized Subsequent to Acquisition	416
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	241
Buildings, Improvements & Equipment	12,462
Total	12,703
Accumulated Depreciation	2,360
1615 Lakeside Drive, Waukegan, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,700
Buildings, Improvements & Equipment	9,590
Cost Capitalized Subsequent to Acquisition	3,139
Impairment	0
Cost Basis Adjustment	(944)
Cost at the end of the period
Land	3,478
Buildings, Improvements & Equipment	11,007
Total	14,485
Accumulated Depreciation	2,967
1675 Lakeside Drive, Waukegan, IL
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,420
Buildings, Improvements & Equipment	9,382
Cost Capitalized Subsequent to Acquisition	2,589
Impairment	0
Cost Basis Adjustment	(957)
Cost at the end of the period
Land	2,873
Buildings, Improvements & Equipment	10,561
Total	13,434
Accumulated Depreciation	2,785
406 Smith Drive, Auburn, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	380
Buildings, Improvements & Equipment	8,246
Cost Capitalized Subsequent to Acquisition	631
Impairment	0
Cost Basis Adjustment	(253)
Cost at the end of the period
Land	524
Buildings, Improvements & Equipment	8,480
Total	9,004
Accumulated Depreciation	2,766
6990 East County Road 100 North, Avon, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	850
Buildings, Improvements & Equipment	11,888
Cost Capitalized Subsequent to Acquisition	1,082
Impairment	0
Cost Basis Adjustment	(333)
Cost at the end of the period
Land	850
Buildings, Improvements & Equipment	12,637
Total	13,487
Accumulated Depreciation	4,082
2455 Tamarack Trail, Bloomington, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,400
Buildings, Improvements & Equipment	25,129
Cost Capitalized Subsequent to Acquisition	30,110
Impairment	0
Cost Basis Adjustment	(529)
Cost at the end of the period
Land	6,339
Buildings, Improvements & Equipment	53,771
Total	60,110
Accumulated Depreciation	13,131
2460 Glebe Street, Carmel IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,108
Buildings, Improvements & Equipment	57,741
Cost Capitalized Subsequent to Acquisition	1,106
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,125
Buildings, Improvements & Equipment	58,830
Total	60,955
Accumulated Depreciation	10,932
701 East County Line Road, Greenwood, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,830
Buildings, Improvements & Equipment	14,303
Cost Capitalized Subsequent to Acquisition	1,304
Impairment	0
Cost Basis Adjustment	(61)
Cost at the end of the period
Land	1,875
Buildings, Improvements & Equipment	15,501
Total	17,376
Accumulated Depreciation	4,094
8505 Woodfield Crossing Boulevard, Indianapolis, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,785
Buildings, Improvements & Equipment	16,396
Cost Capitalized Subsequent to Acquisition	7,084
Impairment	0
Cost Basis Adjustment	(2,127)
Cost at the end of the period
Land	2,838
Buildings, Improvements & Equipment	21,300
Total	24,138
Accumulated Depreciation	9,651
2501 Friendship Boulevard, Kokomo, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	512
Buildings, Improvements & Equipment	13,009
Cost Capitalized Subsequent to Acquisition	1,081
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	512
Buildings, Improvements & Equipment	14,090
Total	14,602
Accumulated Depreciation	1,725
603 Saint Joseph Drive, Kokomo, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	220
Buildings, Improvements & Equipment	5,899
Cost Capitalized Subsequent to Acquisition	1,223
Impairment	0
Cost Basis Adjustment	(256)
Cost at the end of the period
Land	220
Buildings, Improvements & Equipment	6,866
Total	7,086
Accumulated Depreciation	2,139
1211 Longwood Drive, La Porte, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	770
Buildings, Improvements & Equipment	5,550
Cost Capitalized Subsequent to Acquisition	1,478
Impairment	0
Cost Basis Adjustment	(288)
Cost at the end of the period
Land	923
Buildings, Improvements & Equipment	6,587
Total	7,510
Accumulated Depreciation	2,026
1590 West Timberview Drive, Marion, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	410
Buildings, Improvements & Equipment	5,409
Cost Capitalized Subsequent to Acquisition	1,476
Impairment	0
Cost Basis Adjustment	(267)
Cost at the end of the period
Land	410
Buildings, Improvements & Equipment	6,618
Total	7,028
Accumulated Depreciation	1,915
1473 East McKay Road, Shelbyville, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	190
Buildings, Improvements & Equipment	5,328
Cost Capitalized Subsequent to Acquisition	635
Impairment	0
Cost Basis Adjustment	(236)
Cost at the end of the period
Land	190
Buildings, Improvements & Equipment	5,727
Total	5,917
Accumulated Depreciation	1,801
17441 State Rd. 23, South Bend, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	3,107
Cost Capitalized Subsequent to Acquisition	(38)
Impairment	0
Cost Basis Adjustment	(182)
Cost at the end of the period
Land	363
Buildings, Improvements & Equipment	2,924
Total	3,287
Accumulated Depreciation	1,380
222 South 25th Street, Terra Haute, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	13,115
Cost Capitalized Subsequent to Acquisition	1,157
Impairment	0
Cost Basis Adjustment	(492)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	13,780
Total	14,080
Accumulated Depreciation	4,445
150 Fox Ridge Drive, Vincennes, IN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	110
Buildings, Improvements & Equipment	3,603
Cost Capitalized Subsequent to Acquisition	1,820
Impairment	0
Cost Basis Adjustment	(208)
Cost at the end of the period
Land	110
Buildings, Improvements & Equipment	5,215
Total	5,325
Accumulated Depreciation	1,722
1501 Inverness Drive, Lawrence, KS
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,600
Buildings, Improvements & Equipment	18,565
Cost Capitalized Subsequent to Acquisition	3,457
Impairment	0
Cost Basis Adjustment	(1,232)
Cost at the end of the period
Land	1,758
Buildings, Improvements & Equipment	20,632
Total	22,390
Accumulated Depreciation	5,995
5799 Broadmoor Street, Mission, KS
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,522
Buildings, Improvements & Equipment	7,246
Cost Capitalized Subsequent to Acquisition	1,882
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,530
Buildings, Improvements & Equipment	9,120
Total	10,650
Accumulated Depreciation	1,470
3501 West 95th Street, Overland Park, KS
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,568
Buildings, Improvements & Equipment	15,140
Cost Capitalized Subsequent to Acquisition	7,587
Impairment	0
Cost Basis Adjustment	(2,141)
Cost at the end of the period
Land	2,580
Buildings, Improvements & Equipment	20,574
Total	23,154
Accumulated Depreciation	8,677
6555 West 75th Street , Overland Park, KS
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,274
Buildings, Improvements & Equipment	1,126
Cost Capitalized Subsequent to Acquisition	15,505
Impairment	0
Cost Basis Adjustment	(1,102)
Cost at the end of the period
Land	1,487
Buildings, Improvements & Equipment	15,316
Total	16,803
Accumulated Depreciation	6,507
6700 W. 115th Street, Overland Park, KS
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,503
Buildings, Improvements & Equipment	29,387
Cost Capitalized Subsequent to Acquisition	177
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,503
Buildings, Improvements & Equipment	29,564
Total	34,067
Accumulated Depreciation	2,977
981 Campbell Lane, Bowling Green, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	365
Buildings, Improvements & Equipment	4,345
Cost Capitalized Subsequent to Acquisition	1,844
Impairment	0
Cost Basis Adjustment	(203)
Cost at the end of the period
Land	365
Buildings, Improvements & Equipment	5,986
Total	6,351
Accumulated Depreciation	2,119
102 Leonardwood Drive Frankfort, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	560
Buildings, Improvements & Equipment	8,282
Cost Capitalized Subsequent to Acquisition	2,529
Impairment	0
Cost Basis Adjustment	(605)
Cost at the end of the period
Land	579
Buildings, Improvements & Equipment	10,187
Total	10,766
Accumulated Depreciation	3,702
4190 Lafayette Road Hopkinsville, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	316
Buildings, Improvements & Equipment	3,761
Cost Capitalized Subsequent to Acquisition	748
Impairment	0
Cost Basis Adjustment	(193)
Cost at the end of the period
Land	316
Buildings, Improvements & Equipment	4,316
Total	4,632
Accumulated Depreciation	1,718
690 Mason Headley Road Lexington, KY
Real Estate And Accumulated Depreciation
Encumbrances	5,355
Initial Cost to Company
Land	0
Buildings, Improvements & Equipment	10,848
Cost Capitalized Subsequent to Acquisition	13,419
Impairment	0
Cost Basis Adjustment	(1,389)
Cost at the end of the period
Land	42
Buildings, Improvements & Equipment	22,836
Total	22,878
Accumulated Depreciation	11,738
700 Mason Headley Road Lexington, KY
Real Estate And Accumulated Depreciation
Encumbrances	1,281
Initial Cost to Company
Land	0
Buildings, Improvements & Equipment	6,394
Cost Capitalized Subsequent to Acquisition	8,409
Impairment	0
Cost Basis Adjustment	(951)
Cost at the end of the period
Land	52
Buildings, Improvements & Equipment	13,800
Total	13,852
Accumulated Depreciation	6,465
200 Brookside Drive Louisville, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,524
Buildings, Improvements & Equipment	20,779
Cost Capitalized Subsequent to Acquisition	10,672
Impairment	0
Cost Basis Adjustment	(3,217)
Cost at the end of the period
Land	3,549
Buildings, Improvements & Equipment	28,209
Total	31,758
Accumulated Depreciation	12,173
1517 West Broadway Mayfield, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	268
Buildings, Improvements & Equipment	2,730
Cost Capitalized Subsequent to Acquisition	1,617
Impairment	0
Cost Basis Adjustment	(221)
Cost at the end of the period
Land	268
Buildings, Improvements & Equipment	4,126
Total	4,394
Accumulated Depreciation	1,567
1700 Elmdale Road, Paducah, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	450
Buildings, Improvements & Equipment	5,358
Cost Capitalized Subsequent to Acquisition	1,477
Impairment	0
Cost Basis Adjustment	(319)
Cost at the end of the period
Land	451
Buildings, Improvements & Equipment	6,515
Total	6,966
Accumulated Depreciation	2,646
100 Neighborly Way, Somerset, KY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	200
Buildings, Improvements & Equipment	4,919
Cost Capitalized Subsequent to Acquisition	701
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	200
Buildings, Improvements & Equipment	5,620
Total	5,820
Accumulated Depreciation	2,068
1295 Boylston Street, Boston, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	7,600
Buildings, Improvements & Equipment	18,140
Cost Capitalized Subsequent to Acquisition	3,187
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	7,625
Buildings, Improvements & Equipment	21,302
Total	28,927
Accumulated Depreciation	6,065
549 Albany Street, Boston, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,576
Buildings, Improvements & Equipment	45,029
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,569
Buildings, Improvements & Equipment	45,036
Total	49,605
Accumulated Depreciation	9,385
330 Baker Avenue, Concord, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,775
Buildings, Improvements & Equipment	19,906
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,775
Buildings, Improvements & Equipment	19,906
Total	23,681
Accumulated Depreciation	3,442
4 Maguire Road, Lexington, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,600
Buildings, Improvements & Equipment	15,555
Cost Capitalized Subsequent to Acquisition	19,813
Impairment	(7,255)
Cost Basis Adjustment	(1,003)
Cost at the end of the period
Land	3,884
Buildings, Improvements & Equipment	26,826
Total	30,710
Accumulated Depreciation	3,016
100 Hampshire Street, Mansfield, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,090
Buildings, Improvements & Equipment	8,215
Cost Capitalized Subsequent to Acquisition	1,664
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,486
Buildings, Improvements & Equipment	9,483
Total	11,969
Accumulated Depreciation	2,665
15 Hampshire Street, Mansfield, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,360
Buildings, Improvements & Equipment	7,326
Cost Capitalized Subsequent to Acquisition	507
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,748
Buildings, Improvements & Equipment	7,445
Total	9,193
Accumulated Depreciation	2,202
5 Hampshire Street, Mansfield, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,190
Buildings, Improvements & Equipment	5,737
Cost Capitalized Subsequent to Acquisition	1,831
Impairment	0
Cost Basis Adjustment	(143)
Cost at the end of the period
Land	1,465
Buildings, Improvements & Equipment	7,150
Total	8,615
Accumulated Depreciation	2,019
30 Newcrossing Road, Reading, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,443
Buildings, Improvements & Equipment	14,153
Cost Capitalized Subsequent to Acquisition	285
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,455
Buildings, Improvements & Equipment	14,426
Total	15,881
Accumulated Depreciation	3,338
299 Cambridge Street, Winchester, MA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,218
Buildings, Improvements & Equipment	18,988
Cost Capitalized Subsequent to Acquisition	12,424
Impairment	0
Cost Basis Adjustment	(1,855)
Cost at the end of the period
Land	3,218
Buildings, Improvements & Equipment	29,557
Total	32,775
Accumulated Depreciation	12,726
2717 Riva Road, Annapolis, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,290
Buildings, Improvements & Equipment	12,373
Cost Capitalized Subsequent to Acquisition	1,370
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,290
Buildings, Improvements & Equipment	13,743
Total	15,033
Accumulated Depreciation	4,594
658 Boulton Street, Bel Air, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,750
Buildings, Improvements & Equipment	16,504
Cost Capitalized Subsequent to Acquisition	2
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,750
Buildings, Improvements & Equipment	16,506
Total	21,256
Accumulated Depreciation	5,827
7600 Laurel Bowie Road, Bowie, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	408
Buildings, Improvements & Equipment	3,421
Cost Capitalized Subsequent to Acquisition	1,488
Impairment	0
Cost Basis Adjustment	(393)
Cost at the end of the period
Land	408
Buildings, Improvements & Equipment	4,516
Total	4,924
Accumulated Depreciation	1,841
8100 Connecticut Avenue Chevy Chase, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	15,170
Buildings, Improvements & Equipment	92,830
Cost Capitalized Subsequent to Acquisition	12,492
Impairment	0
Cost Basis Adjustment	(1,924)
Cost at the end of the period
Land	15,177
Buildings, Improvements & Equipment	103,391
Total	118,568
Accumulated Depreciation	26,915
8220 Snowden River Parkway, Columbia, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,390
Buildings, Improvements & Equipment	10,303
Cost Capitalized Subsequent to Acquisition	934
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,390
Buildings, Improvements & Equipment	11,237
Total	12,627
Accumulated Depreciation	3,811
700 Port Street , Easton, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	383
Buildings, Improvements & Equipment	4,555
Cost Capitalized Subsequent to Acquisition	4,042
Impairment	0
Cost Basis Adjustment	(473)
Cost at the end of the period
Land	394
Buildings, Improvements & Equipment	8,113
Total	8,507
Accumulated Depreciation	3,169
3004 North Ridge Road , Ellicott City, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,409
Buildings, Improvements & Equipment	22,691
Cost Capitalized Subsequent to Acquisition	11,847
Impairment	0
Cost Basis Adjustment	(2,505)
Cost at the end of the period
Land	1,613
Buildings, Improvements & Equipment	31,829
Total	33,442
Accumulated Depreciation	12,430
1820 Latham Drive , Frederick, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	385
Buildings, Improvements & Equipment	3,444
Cost Capitalized Subsequent to Acquisition	1,319
Impairment	0
Cost Basis Adjustment	(444)
Cost at the end of the period
Land	385
Buildings, Improvements & Equipment	4,319
Total	4,704
Accumulated Depreciation	1,818
2100 Whittier Drive, Frederick, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,260
Buildings, Improvements & Equipment	9,464
Cost Capitalized Subsequent to Acquisition	2,444
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,260
Buildings, Improvements & Equipment	11,908
Total	13,168
Accumulated Depreciation	3,871
10116 Sharpsburg Pike, Hagerstown, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,040
Buildings, Improvements & Equipment	7,471
Cost Capitalized Subsequent to Acquisition	5,273
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,044
Buildings, Improvements & Equipment	12,740
Total	13,784
Accumulated Depreciation	4,317
4000 Old Court Road, Pikesville, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,000
Buildings, Improvements & Equipment	4,974
Cost Capitalized Subsequent to Acquisition	914
Impairment	0
Cost Basis Adjustment	(82)
Cost at the end of the period
Land	2,000
Buildings, Improvements & Equipment	5,806
Total	7,806
Accumulated Depreciation	1,947
12725 Twinbrook Parkway Rockville, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	6,138
Buildings, Improvements & Equipment	6,526
Cost Capitalized Subsequent to Acquisition	683
Impairment	0
Cost Basis Adjustment	(148)
Cost at the end of the period
Land	6,218
Buildings, Improvements & Equipment	6,981
Total	13,199
Accumulated Depreciation	1,108
715 Benfield Road, Severna Park, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	229
Buildings, Improvements & Equipment	9,798
Cost Capitalized Subsequent to Acquisition	2,502
Impairment	0
Cost Basis Adjustment	(1,103)
Cost at the end of the period
Land	246
Buildings, Improvements & Equipment	11,180
Total	11,426
Accumulated Depreciation	5,112
14400 Homecrest Road , Silver Spring, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,200
Buildings, Improvements & Equipment	9,288
Cost Capitalized Subsequent to Acquisition	8,287
Impairment	0
Cost Basis Adjustment	(1,509)
Cost at the end of the period
Land	1,207
Buildings, Improvements & Equipment	16,059
Total	17,266
Accumulated Depreciation	6,477
801 Roeder Road, Silver Spring, MD
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,900
Buildings, Improvements & Equipment	12,858
Cost Capitalized Subsequent to Acquisition	1,956
Impairment	0
Cost Basis Adjustment	(326)
Cost at the end of the period
Land	1,900
Buildings, Improvements & Equipment	14,488
Total	16,388
Accumulated Depreciation	3,560
720 & 734 N. Pine Road, Hampton, MI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	2,406
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(142)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	2,264
Total	2,564
Accumulated Depreciation	1,068
4004 & 4012 Waldo Road, Midland, MI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	2,606
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(162)
Cost at the end of the period
Land	400
Buildings, Improvements & Equipment	2,444
Total	2,844
Accumulated Depreciation	1,153
1605 & 1615 Fredericks Drive, Monroe, MI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	2,506
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(152)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	2,354
Total	2,654
Accumulated Depreciation	1,110
3150 & 3100 Old Centre Road, Portage, MI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	2,206
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(133)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	2,073
Total	2,373
Accumulated Depreciation	978
2445 & 2485 Mc Carty Road, Saginaw, MI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	600
Buildings, Improvements & Equipment	5,212
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(305)
Cost at the end of the period
Land	600
Buildings, Improvements & Equipment	4,907
Total	5,507
Accumulated Depreciation	2,315
11855 Ulysses Street NE, Blaine, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,774
Buildings, Improvements & Equipment	9,276
Cost Capitalized Subsequent to Acquisition	389
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,781
Buildings, Improvements & Equipment	9,658
Total	12,439
Accumulated Depreciation	2,300
1305 Corporate Center Drive, Eagan, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,300
Buildings, Improvements & Equipment	13,105
Cost Capitalized Subsequent to Acquisition	10,691
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,735
Buildings, Improvements & Equipment	23,361
Total	26,096
Accumulated Depreciation	5,042
8301 Golden Valley Road, Golden Valley, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,256
Buildings, Improvements & Equipment	4,680
Cost Capitalized Subsequent to Acquisition	579
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,256
Buildings, Improvements & Equipment	5,259
Total	6,515
Accumulated Depreciation	803
8401 Golden Valley Road, Golden Valley, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,510
Buildings, Improvements & Equipment	5,742
Cost Capitalized Subsequent to Acquisition	2,297
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,510
Buildings, Improvements & Equipment	8,039
Total	9,549
Accumulated Depreciation	1,362
8501 Golden Valley Road, Golden Valley, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,263
Buildings, Improvements & Equipment	4,288
Cost Capitalized Subsequent to Acquisition	1,013
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,263
Buildings, Improvements & Equipment	5,301
Total	6,564
Accumulated Depreciation	840
1201 Northland Drive, Mendota Heights, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,220
Buildings, Improvements & Equipment	10,208
Cost Capitalized Subsequent to Acquisition	1,257
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,468
Buildings, Improvements & Equipment	11,217
Total	12,685
Accumulated Depreciation	3,516
12700 Whitewater Drive, Minnetonka, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,453
Buildings, Improvements & Equipment	8,108
Cost Capitalized Subsequent to Acquisition	8,415
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	5,453
Buildings, Improvements & Equipment	16,523
Total	21,976
Accumulated Depreciation	2,808
20600 South Diamond Lake Road, Rogers, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,760
Buildings, Improvements & Equipment	45,789
Cost Capitalized Subsequent to Acquisition	2,809
Impairment	(20,359)
Cost Basis Adjustment	(15,686)
Cost at the end of the period
Land	1,195
Buildings, Improvements & Equipment	14,118
Total	15,313
Accumulated Depreciation	1,663
2200 County Road C West, Roseville, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	590
Buildings, Improvements & Equipment	702
Cost Capitalized Subsequent to Acquisition	640
Impairment	0
Cost Basis Adjustment	(82)
Cost at the end of the period
Land	792
Buildings, Improvements & Equipment	1,058
Total	1,850
Accumulated Depreciation	306
4166 Lexington Avenue N, Shoreview, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,300
Buildings, Improvements & Equipment	4,547
Cost Capitalized Subsequent to Acquisition	1,285
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,507
Buildings, Improvements & Equipment	5,625
Total	7,132
Accumulated Depreciation	1,398
1365 Crestridge Lane, West St. Paul, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	2,506
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(292)
Cost at the end of the period
Land	400
Buildings, Improvements & Equipment	2,214
Total	2,614
Accumulated Depreciation	1,044
305 & 315 Thompson Avenue, West St. Paul, MN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	3,608
Cost Capitalized Subsequent to Acquisition	99
Impairment	0
Cost Basis Adjustment	(402)
Cost at the end of the period
Land	400
Buildings, Improvements & Equipment	3,305
Total	3,705
Accumulated Depreciation	1,559
5351 Gretna Road, Branson, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	743
Buildings, Improvements & Equipment	10,973
Cost Capitalized Subsequent to Acquisition	1,015
Impairment	0
Cost Basis Adjustment	(227)
Cost at the end of the period
Land	754
Buildings, Improvements & Equipment	11,750
Total	12,504
Accumulated Depreciation	2,212
845 N New Ballas Court, Creve Coeur, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,582
Buildings, Improvements & Equipment	16,328
Cost Capitalized Subsequent to Acquisition	1,230
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,582
Buildings, Improvements & Equipment	17,558
Total	19,140
Accumulated Depreciation	1,780
3828 College View Drive, Joplin, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	260
Buildings, Improvements & Equipment	11,382
Cost Capitalized Subsequent to Acquisition	820
Impairment	0
Cost Basis Adjustment	(14)
Cost at the end of the period
Land	260
Buildings, Improvements & Equipment	12,188
Total	12,448
Accumulated Depreciation	3,271
14100 Magellan Plaza, Maryland Heights, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,719
Buildings, Improvements & Equipment	37,304
Cost Capitalized Subsequent to Acquisition	4,836
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,179
Buildings, Improvements & Equipment	42,680
Total	45,859
Accumulated Depreciation	9,271
640 E Highland Avenue, Nevada, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	311
Buildings, Improvements & Equipment	5,703
Cost Capitalized Subsequent to Acquisition	509
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	311
Buildings, Improvements & Equipment	6,212
Total	6,523
Accumulated Depreciation	1,172
2410 W. Chesterfield Blvd, Springfield, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	924
Buildings, Improvements & Equipment	12,772
Cost Capitalized Subsequent to Acquisition	608
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	924
Buildings, Improvements & Equipment	13,380
Total	14,304
Accumulated Depreciation	2,452
3540 East Cherokee Street, Springfield, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,084
Buildings, Improvements & Equipment	11,339
Cost Capitalized Subsequent to Acquisition	1,160
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,129
Buildings, Improvements & Equipment	12,454
Total	13,583
Accumulated Depreciation	2,353
4700 North Hanley Road, St Louis, MO
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,166
Buildings, Improvements & Equipment	41,587
Cost Capitalized Subsequent to Acquisition	131
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	5,166
Buildings, Improvements & Equipment	41,718
Total	46,884
Accumulated Depreciation	7,268
118 Alamance Road, Burlington, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	575
Buildings, Improvements & Equipment	9,697
Cost Capitalized Subsequent to Acquisition	1,359
Impairment	0
Cost Basis Adjustment	(190)
Cost at the end of the period
Land	575
Buildings, Improvements & Equipment	10,866
Total	11,441
Accumulated Depreciation	3,048
1050 Crescent Green Drive, Cary, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	713
Buildings, Improvements & Equipment	4,628
Cost Capitalized Subsequent to Acquisition	3,066
Impairment	0
Cost Basis Adjustment	(922)
Cost at the end of the period
Land	713
Buildings, Improvements & Equipment	6,772
Total	7,485
Accumulated Depreciation	2,991
2220 & 2230 Farmington Drive, Chapel Hill, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	800
Buildings, Improvements & Equipment	6,414
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(375)
Cost at the end of the period
Land	800
Buildings, Improvements & Equipment	6,039
Total	6,839
Accumulated Depreciation	2,849
2101 Runnymede Lane, Charlotte, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,475
Buildings, Improvements & Equipment	11,451
Cost Capitalized Subsequent to Acquisition	1,318
Impairment	0
Cost Basis Adjustment	(301)
Cost at the end of the period
Land	2,458
Buildings, Improvements & Equipment	12,485
Total	14,943
Accumulated Depreciation	3,823
5920 McChesney Drive & 6101 Clarke Creek Parkway, Charlotte, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,320
Buildings, Improvements & Equipment	21,750
Cost Capitalized Subsequent to Acquisition	2,350
Impairment	0
Cost Basis Adjustment	(1,175)
Cost at the end of the period
Land	1,320
Buildings, Improvements & Equipment	22,925
Total	24,245
Accumulated Depreciation	6,847
500 Penny Lane, Concord, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,687
Buildings, Improvements & Equipment	17,603
Cost Capitalized Subsequent to Acquisition	783
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,687
Buildings, Improvements & Equipment	18,386
Total	20,073
Accumulated Depreciation	3,226
1002 State Highway 54, Durham, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	595
Buildings, Improvements & Equipment	5,200
Cost Capitalized Subsequent to Acquisition	554
Impairment	0
Cost Basis Adjustment	(114)
Cost at the end of the period
Land	595
Buildings, Improvements & Equipment	5,640
Total	6,235
Accumulated Depreciation	1,504
4505 Emperor Boulevard, Durham, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,285
Buildings, Improvements & Equipment	16,932
Cost Capitalized Subsequent to Acquisition	687
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,285
Buildings, Improvements & Equipment	17,619
Total	18,904
Accumulated Depreciation	1,990
5213 South Alston Avenue, Durham, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,093
Buildings, Improvements & Equipment	31,377
Cost Capitalized Subsequent to Acquisition	393
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,093
Buildings, Improvements & Equipment	31,770
Total	32,863
Accumulated Depreciation	5,452
2755 Union Road, Gastonia, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,104
Buildings, Improvements & Equipment	17,834
Cost Capitalized Subsequent to Acquisition	1,058
Impairment	0
Cost Basis Adjustment	(1,133)
Cost at the end of the period
Land	1,104
Buildings, Improvements & Equipment	17,759
Total	18,863
Accumulated Depreciation	2,551
1001 Phifer Road, Kings Mountain, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	655
Buildings, Improvements & Equipment	8,283
Cost Capitalized Subsequent to Acquisition	1,179
Impairment	0
Cost Basis Adjustment	(308)
Cost at the end of the period
Land	657
Buildings, Improvements & Equipment	9,152
Total	9,809
Accumulated Depreciation	2,496
128 Brawley School, Mooresville, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	595
Buildings, Improvements & Equipment	7,305
Cost Capitalized Subsequent to Acquisition	1,379
Impairment	0
Cost Basis Adjustment	(369)
Cost at the end of the period
Land	601
Buildings, Improvements & Equipment	8,309
Total	8,910
Accumulated Depreciation	2,219
1309 , 1321 and 1325 McCarthy Boulevard, New Bern, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,245
Buildings, Improvements & Equipment	20,898
Cost Capitalized Subsequent to Acquisition	2,886
Impairment	0
Cost Basis Adjustment	(159)
Cost at the end of the period
Land	1,245
Buildings, Improvements & Equipment	23,625
Total	24,870
Accumulated Depreciation	6,091
13150 & 13180 Dorman Road, Pineville, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,180
Buildings, Improvements & Equipment	22,800
Cost Capitalized Subsequent to Acquisition	3,030
Impairment	0
Cost Basis Adjustment	(1,234)
Cost at the end of the period
Land	1,180
Buildings, Improvements & Equipment	24,596
Total	25,776
Accumulated Depreciation	7,187
801 Dixie Trail, Raleigh, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,233
Buildings, Improvements & Equipment	17,788
Cost Capitalized Subsequent to Acquisition	1,166
Impairment	0
Cost Basis Adjustment	(1,114)
Cost at the end of the period
Land	3,236
Buildings, Improvements & Equipment	17,837
Total	21,073
Accumulated Depreciation	2,492
2744 South 17th Street, Wilmington, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,134
Buildings, Improvements & Equipment	14,771
Cost Capitalized Subsequent to Acquisition	1,881
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,139
Buildings, Improvements & Equipment	16,647
Total	17,786
Accumulated Depreciation	3,554
1730 Parkwood Boulevard West, Wilson, NC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	610
Buildings, Improvements & Equipment	14,787
Cost Capitalized Subsequent to Acquisition	1,296
Impairment	0
Cost Basis Adjustment	(163)
Cost at the end of the period
Land	610
Buildings, Improvements & Equipment	15,920
Total	16,530
Accumulated Depreciation	4,278
17007 Elm Plaza, Omaha, NE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,680
Buildings, Improvements & Equipment	22,022
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,680
Buildings, Improvements & Equipment	22,022
Total	26,702
Accumulated Depreciation	7,363
3030 South 80th Street, Omaha, NE
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	650
Buildings, Improvements & Equipment	5,850
Cost Capitalized Subsequent to Acquisition	2,224
Impairment	0
Cost Basis Adjustment	(419)
Cost at the end of the period
Land	650
Buildings, Improvements & Equipment	7,655
Total	8,305
Accumulated Depreciation	2,729
490 Cooper Landing Road, Cherry Hill, NJ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,001
Buildings, Improvements & Equipment	8,175
Cost Capitalized Subsequent to Acquisition	3,307
Impairment	(6,080)
Cost Basis Adjustment	(4,163)
Cost at the end of the period
Land	2,240
Buildings, Improvements & Equipment	0
Total	2,240
Accumulated Depreciation	0
1400 Route 70, Lakewood, NJ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,885
Buildings, Improvements & Equipment	28,803
Cost Capitalized Subsequent to Acquisition	8,222
Impairment	0
Cost Basis Adjustment	(2,881)
Cost at the end of the period
Land	4,905
Buildings, Improvements & Equipment	34,124
Total	39,029
Accumulated Depreciation	14,951
2 Hillside Drive, Mt. Arlington, NJ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,375
Buildings, Improvements & Equipment	11,232
Cost Capitalized Subsequent to Acquisition	1,529
Impairment	0
Cost Basis Adjustment	(399)
Cost at the end of the period
Land	1,393
Buildings, Improvements & Equipment	12,344
Total	13,737
Accumulated Depreciation	5,366
655 Pomander Walk, Teaneck, NJ
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,950
Buildings, Improvements & Equipment	44,550
Cost Capitalized Subsequent to Acquisition	5,842
Impairment	0
Cost Basis Adjustment	(1,884)
Cost at the end of the period
Land	4,984
Buildings, Improvements & Equipment	48,474
Total	53,458
Accumulated Depreciation	13,437
10500 Academy Road NE, Albuquerque, NM
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,828
Buildings, Improvements & Equipment	22,572
Cost Capitalized Subsequent to Acquisition	9,313
Impairment	0
Cost Basis Adjustment	(2,228)
Cost at the end of the period
Land	3,828
Buildings, Improvements & Equipment	29,657
Total	33,485
Accumulated Depreciation	12,968
4100 Prospect Avenue NE, Albuquerque, NM
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	540
Buildings, Improvements & Equipment	10,105
Cost Capitalized Subsequent to Acquisition	8
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	540
Buildings, Improvements & Equipment	10,113
Total	10,653
Accumulated Depreciation	3,591
4300 Landau Street NE, Albuquerque, NM
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,060
Buildings, Improvements & Equipment	9,875
Cost Capitalized Subsequent to Acquisition	8
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,060
Buildings, Improvements & Equipment	9,883
Total	10,943
Accumulated Depreciation	3,510
4411 The 25 Way, Albuquerque, NM
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,480
Buildings, Improvements & Equipment	25,245
Cost Capitalized Subsequent to Acquisition	4,677
Impairment	0
Cost Basis Adjustment	(1,061)
Cost at the end of the period
Land	3,978
Buildings, Improvements & Equipment	28,363
Total	32,341
Accumulated Depreciation	8,449
4420 The 25 Way, Albuquerque, NM
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,430
Buildings, Improvements & Equipment	2,609
Cost Capitalized Subsequent to Acquisition	1,018
Impairment	0
Cost Basis Adjustment	(152)
Cost at the end of the period
Land	1,614
Buildings, Improvements & Equipment	3,291
Total	4,905
Accumulated Depreciation	863
9190 Coors Boulevard NW, Albuquerque, NM
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,660
Buildings, Improvements & Equipment	9,173
Cost Capitalized Subsequent to Acquisition	8
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,660
Buildings, Improvements & Equipment	9,181
Total	10,841
Accumulated Depreciation	3,260
2200 East Long Street, Carson City, NV
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	622
Buildings, Improvements & Equipment	17,900
Cost Capitalized Subsequent to Acquisition	752
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	622
Buildings, Improvements & Equipment	18,652
Total	19,274
Accumulated Depreciation	3,645
3201 Plumas Street, Reno, NV
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,420
Buildings, Improvements & Equipment	49,580
Cost Capitalized Subsequent to Acquisition	7,657
Impairment	0
Cost Basis Adjustment	(1,004)
Cost at the end of the period
Land	2,420
Buildings, Improvements & Equipment	56,233
Total	58,653
Accumulated Depreciation	14,353
6300 Eighth Avenue, Brooklyn, NY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,870
Buildings, Improvements & Equipment	8,545
Cost Capitalized Subsequent to Acquisition	460
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,870
Buildings, Improvements & Equipment	9,005
Total	12,875
Accumulated Depreciation	2,877
4939 Brittonfield Parkway, East Syracuse, NY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	720
Buildings, Improvements & Equipment	17,084
Cost Capitalized Subsequent to Acquisition	1,721
Impairment	(2,826)
Cost Basis Adjustment	(5,312)
Cost at the end of the period
Land	900
Buildings, Improvements & Equipment	10,487
Total	11,387
Accumulated Depreciation	725
5008 Brittonfield Parkway, East Syracuse, NY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	420
Buildings, Improvements & Equipment	18,407
Cost Capitalized Subsequent to Acquisition	1,670
Impairment	(3,144)
Cost Basis Adjustment	(5,393)
Cost at the end of the period
Land	586
Buildings, Improvements & Equipment	11,374
Total	11,960
Accumulated Depreciation	700
200 Old County Road, Mineola, NY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,920
Buildings, Improvements & Equipment	24,056
Cost Capitalized Subsequent to Acquisition	15,557
Impairment	0
Cost Basis Adjustment	(153)
Cost at the end of the period
Land	4,920
Buildings, Improvements & Equipment	39,460
Total	44,380
Accumulated Depreciation	10,007
15 North Broadway, White Plains, NY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,900
Buildings, Improvements & Equipment	13,594
Cost Capitalized Subsequent to Acquisition	5,056
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	4,900
Buildings, Improvements & Equipment	18,650
Total	23,550
Accumulated Depreciation	5,000
537 Riverdale Avenue, Yonkers, NY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	8,460
Buildings, Improvements & Equipment	90,561
Cost Capitalized Subsequent to Acquisition	12,905
Impairment	0
Cost Basis Adjustment	(392)
Cost at the end of the period
Land	8,465
Buildings, Improvements & Equipment	103,069
Total	111,534
Accumulated Depreciation	27,467
4590 Knightsbridge Boulevard, Columbus, OH
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,623
Buildings, Improvements & Equipment	27,778
Cost Capitalized Subsequent to Acquisition	17,430
Impairment	0
Cost Basis Adjustment	(3,682)
Cost at the end of the period
Land	3,732
Buildings, Improvements & Equipment	41,417
Total	45,149
Accumulated Depreciation	17,487
3929 Hoover Road, Grove City, OH
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	332
Buildings, Improvements & Equipment	3,081
Cost Capitalized Subsequent to Acquisition	1,015
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	332
Buildings, Improvements & Equipment	4,096
Total	4,428
Accumulated Depreciation	2,561
7555 Innovation Way, Mason, OH
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,025
Buildings, Improvements & Equipment	12,883
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,025
Buildings, Improvements & Equipment	12,883
Total	13,908
Accumulated Depreciation	1,691
8709 S.E. Causey Avenue, Portland, OR
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,303
Buildings, Improvements & Equipment	77,428
Cost Capitalized Subsequent to Acquisition	1,738
Impairment	(26,073)
Cost Basis Adjustment	(9,749)
Cost at the end of the period
Land	2,201
Buildings, Improvements & Equipment	44,446
Total	46,647
Accumulated Depreciation	2,998
71 Darlington Road, Beaver Falls, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,500
Buildings, Improvements & Equipment	13,500
Cost Capitalized Subsequent to Acquisition	1,041
Impairment	0
Cost Basis Adjustment	(879)
Cost at the end of the period
Land	1,523
Buildings, Improvements & Equipment	13,639
Total	15,162
Accumulated Depreciation	5,391
950 Morgan Highway, Clarks Summit, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,001
Buildings, Improvements & Equipment	8,233
Cost Capitalized Subsequent to Acquisition	1,192
Impairment	0
Cost Basis Adjustment	(277)
Cost at the end of the period
Land	1,017
Buildings, Improvements & Equipment	9,132
Total	10,149
Accumulated Depreciation	3,850
145 Broadlawn Drive, Elizabeth, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	696
Buildings, Improvements & Equipment	6,304
Cost Capitalized Subsequent to Acquisition	672
Impairment	(4,280)
Cost Basis Adjustment	(3,017)
Cost at the end of the period
Land	375
Buildings, Improvements & Equipment	0
Total	375
Accumulated Depreciation	0
600 N. Pottstown Pike, Exton, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,001
Buildings, Improvements & Equipment	8,233
Cost Capitalized Subsequent to Acquisition	2,368
Impairment	0
Cost Basis Adjustment	(308)
Cost at the end of the period
Land	1,001
Buildings, Improvements & Equipment	10,293
Total	11,294
Accumulated Depreciation	4,199
242 Baltimore Pike, Glen Mills, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,001
Buildings, Improvements & Equipment	8,233
Cost Capitalized Subsequent to Acquisition	1,046
Impairment	0
Cost Basis Adjustment	(382)
Cost at the end of the period
Land	1,001
Buildings, Improvements & Equipment	8,897
Total	9,898
Accumulated Depreciation	3,844
20 Capital Drive, Harrisburg, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	397
Buildings, Improvements & Equipment	9,333
Cost Capitalized Subsequent to Acquisition	10
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	397
Buildings, Improvements & Equipment	9,343
Total	9,740
Accumulated Depreciation	1,614
210 Mall Boulevard, King of Prussia, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,540
Buildings, Improvements & Equipment	4,743
Cost Capitalized Subsequent to Acquisition	2,698
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,934
Buildings, Improvements & Equipment	7,047
Total	8,981
Accumulated Depreciation	2,255
216 Mall Boulevard, King of Prussia, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	880
Buildings, Improvements & Equipment	2,871
Cost Capitalized Subsequent to Acquisition	2,378
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	978
Buildings, Improvements & Equipment	5,151
Total	6,129
Accumulated Depreciation	1,241
5300 Old William Penn Highway, Murrysville, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	2,506
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(272)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	2,234
Total	2,534
Accumulated Depreciation	1,054
800 Manor Drive, New Britain (Chalfont), PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	979
Buildings, Improvements & Equipment	8,052
Cost Capitalized Subsequent to Acquisition	1,713
Impairment	0
Cost Basis Adjustment	(440)
Cost at the end of the period
Land	981
Buildings, Improvements & Equipment	9,323
Total	10,304
Accumulated Depreciation	3,902
7151 Saltsburg Road, Penn Hills, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	200
Buildings, Improvements & Equipment	904
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(103)
Cost at the end of the period
Land	200
Buildings, Improvements & Equipment	801
Total	1,001
Accumulated Depreciation	378
5750 Centre Avenue, Pittsburgh, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,000
Buildings, Improvements & Equipment	11,828
Cost Capitalized Subsequent to Acquisition	4,477
Impairment	0
Cost Basis Adjustment	(259)
Cost at the end of the period
Land	3,788
Buildings, Improvements & Equipment	15,258
Total	19,046
Accumulated Depreciation	5,189
730 Holiday Drive, Pittsburgh, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,480
Buildings, Improvements & Equipment	6,395
Cost Capitalized Subsequent to Acquisition	5,835
Impairment	0
Cost Basis Adjustment	(936)
Cost at the end of the period
Land	2,711
Buildings, Improvements & Equipment	11,063
Total	13,774
Accumulated Depreciation	2,971
1400 Riggs Road, South Park, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	898
Buildings, Improvements & Equipment	8,102
Cost Capitalized Subsequent to Acquisition	1,361
Impairment	(5,192)
Cost Basis Adjustment	(3,499)
Cost at the end of the period
Land	1,670
Buildings, Improvements & Equipment	0
Total	1,670
Accumulated Depreciation	0
700 Northampton Street, Tiffany Court (Kingston), PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	0
Buildings, Improvements & Equipment	5,682
Cost Capitalized Subsequent to Acquisition	2,246
Impairment	0
Cost Basis Adjustment	(359)
Cost at the end of the period
Land	0
Buildings, Improvements & Equipment	7,569
Total	7,569
Accumulated Depreciation	3,036
5250 Meadowgreen Drive, Whitehall, PA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,599
Buildings, Improvements & Equipment	14,401
Cost Capitalized Subsequent to Acquisition	4,007
Impairment	0
Cost Basis Adjustment	(1,106)
Cost at the end of the period
Land	1,599
Buildings, Improvements & Equipment	17,302
Total	18,901
Accumulated Depreciation	6,365
1304 McLees Road, Anderson, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	295
Buildings, Improvements & Equipment	3,509
Cost Capitalized Subsequent to Acquisition	1,224
Impairment	0
Cost Basis Adjustment	(253)
Cost at the end of the period
Land	295
Buildings, Improvements & Equipment	4,480
Total	4,775
Accumulated Depreciation	1,572
109 Old Salem Road, Beaufort, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	188
Buildings, Improvements & Equipment	2,234
Cost Capitalized Subsequent to Acquisition	1,625
Impairment	(807)
Cost Basis Adjustment	(1,514)
Cost at the end of the period
Land	104
Buildings, Improvements & Equipment	1,622
Total	1,726
Accumulated Depreciation	96
Pick Pocket Plantation Drive1119 Beaufort S C 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,200
Buildings, Improvements & Equipment	10,810
Cost Capitalized Subsequent to Acquisition	1,531
Impairment	(3,927)
Cost Basis Adjustment	(3,270)
Cost at the end of the period
Land	733
Buildings, Improvements & Equipment	5,611
Total	6,344
Accumulated Depreciation	30
719 Kershaw Highway, Camden, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	322
Buildings, Improvements & Equipment	3,697
Cost Capitalized Subsequent to Acquisition	1,777
Impairment	0
Cost Basis Adjustment	(376)
Cost at the end of the period
Land	322
Buildings, Improvements & Equipment	5,098
Total	5,420
Accumulated Depreciation	1,972
2333 Ashley River Road, Charleston, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	848
Buildings, Improvements & Equipment	14,000
Cost Capitalized Subsequent to Acquisition	2,849
Impairment	(7,118)
Cost Basis Adjustment	(4,415)
Cost at the end of the period
Land	377
Buildings, Improvements & Equipment	5,787
Total	6,164
Accumulated Depreciation	565
320 Seven Farms Drive, Charleston, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,092
Buildings, Improvements & Equipment	6,605
Cost Capitalized Subsequent to Acquisition	1,760
Impairment	0
Cost Basis Adjustment	(274)
Cost at the end of the period
Land	1,092
Buildings, Improvements & Equipment	8,091
Total	9,183
Accumulated Depreciation	2,008
251 Springtree Drive, Columbia, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	1,905
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(112)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	1,793
Total	2,093
Accumulated Depreciation	846
3 Summit Terrace, Columbia, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	610
Buildings, Improvements & Equipment	7,900
Cost Capitalized Subsequent to Acquisition	887
Impairment	(6,314)
Cost Basis Adjustment	(2,698)
Cost at the end of the period
Land	385
Buildings, Improvements & Equipment	0
Total	385
Accumulated Depreciation	0
7909 Parklane Road, Columbia, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,580
Buildings, Improvements & Equipment	4,520
Cost Capitalized Subsequent to Acquisition	2,323
Impairment	0
Cost Basis Adjustment	(314)
Cost at the end of the period
Land	1,725
Buildings, Improvements & Equipment	6,384
Total	8,109
Accumulated Depreciation	1,423
Berkmans Lane355 Greenville S C 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	700
Buildings, Improvements & Equipment	7,240
Cost Capitalized Subsequent to Acquisition	1,725
Impairment	(2,593)
Cost Basis Adjustment	(2,387)
Cost at the end of the period
Land	417
Buildings, Improvements & Equipment	4,268
Total	4,685
Accumulated Depreciation	131
116 Enterprise Court, Greenwood, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	310
Buildings, Improvements & Equipment	2,790
Cost Capitalized Subsequent to Acquisition	1,283
Impairment	0
Cost Basis Adjustment	(213)
Cost at the end of the period
Land	310
Buildings, Improvements & Equipment	3,860
Total	4,170
Accumulated Depreciation	1,324
1901 West Carolina, Hartsville, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	401
Buildings, Improvements & Equipment	4,775
Cost Capitalized Subsequent to Acquisition	1,068
Impairment	0
Cost Basis Adjustment	(302)
Cost at the end of the period
Land	401
Buildings, Improvements & Equipment	5,541
Total	5,942
Accumulated Depreciation	2,237
218 Old Chapin Road, Lexington, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	363
Buildings, Improvements & Equipment	4,322
Cost Capitalized Subsequent to Acquisition	979
Impairment	0
Cost Basis Adjustment	(400)
Cost at the end of the period
Land	363
Buildings, Improvements & Equipment	4,901
Total	5,264
Accumulated Depreciation	2,004
491 Highway 17, Little River, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	750
Buildings, Improvements & Equipment	9,018
Cost Capitalized Subsequent to Acquisition	1,349
Impairment	0
Cost Basis Adjustment	(314)
Cost at the end of the period
Land	750
Buildings, Improvements & Equipment	10,053
Total	10,803
Accumulated Depreciation	2,821
1010 Anna Knapp Boulevard, Mt. Pleasant, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,797
Buildings, Improvements & Equipment	6,132
Cost Capitalized Subsequent to Acquisition	624
Impairment	0
Cost Basis Adjustment	(458)
Cost at the end of the period
Land	1,797
Buildings, Improvements & Equipment	6,298
Total	8,095
Accumulated Depreciation	842
601 Mathis Ferry Road, Mt. Pleasant, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,687
Buildings, Improvements & Equipment	12,612
Cost Capitalized Subsequent to Acquisition	706
Impairment	(10,794)
Cost Basis Adjustment	(2,021)
Cost at the end of the period
Land	2,190
Buildings, Improvements & Equipment	0
Total	2,190
Accumulated Depreciation	0
937 Bowman road, Mt. Pleasant, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,898
Buildings, Improvements & Equipment	31,613
Cost Capitalized Subsequent to Acquisition	7,988
Impairment	0
Cost Basis Adjustment	(997)
Cost at the end of the period
Land	3,830
Buildings, Improvements & Equipment	38,672
Total	42,502
Accumulated Depreciation	10,603
Highway17 North9547 Myrtle Beach S C 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	543
Buildings, Improvements & Equipment	3,202
Cost Capitalized Subsequent to Acquisition	9,360
Impairment	(3,192)
Cost Basis Adjustment	(4,437)
Cost at the end of the period
Land	333
Buildings, Improvements & Equipment	5,143
Total	5,476
Accumulated Depreciation	218
2306 Riverbank Drive, Orangeburg, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	303
Buildings, Improvements & Equipment	3,607
Cost Capitalized Subsequent to Acquisition	1,043
Impairment	0
Cost Basis Adjustment	(358)
Cost at the end of the period
Land	303
Buildings, Improvements & Equipment	4,292
Total	4,595
Accumulated Depreciation	1,748
1920 Ebenezer Road, Rock Hill, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	1,705
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	(162)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	1,543
Total	1,843
Accumulated Depreciation	728
15855 Wells Highway, Seneca, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	396
Buildings, Improvements & Equipment	4,714
Cost Capitalized Subsequent to Acquisition	1,416
Impairment	0
Cost Basis Adjustment	(353)
Cost at the end of the period
Land	396
Buildings, Improvements & Equipment	5,777
Total	6,173
Accumulated Depreciation	2,198
One Southern Court, West Columbia, SC
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	520
Buildings, Improvements & Equipment	3,831
Cost Capitalized Subsequent to Acquisition	612
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	557
Buildings, Improvements & Equipment	4,406
Total	4,963
Accumulated Depreciation	1,545
6716 Nolensville Road, Brentwood, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,528
Buildings, Improvements & Equipment	6,037
Cost Capitalized Subsequent to Acquisition	223
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,528
Buildings, Improvements & Equipment	6,260
Total	7,788
Accumulated Depreciation	1,468
207 Uffelman Drive, Clarksville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	320
Buildings, Improvements & Equipment	2,994
Cost Capitalized Subsequent to Acquisition	2,133
Impairment	0
Cost Basis Adjustment	(161)
Cost at the end of the period
Land	320
Buildings, Improvements & Equipment	4,966
Total	5,286
Accumulated Depreciation	1,425
51 Patel Way, Clarksville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	800
Buildings, Improvements & Equipment	10,322
Cost Capitalized Subsequent to Acquisition	6,990
Impairment	0
Cost Basis Adjustment	(318)
Cost at the end of the period
Land	833
Buildings, Improvements & Equipment	16,961
Total	17,794
Accumulated Depreciation	3,840
2900 Westside Drive, Cleveland, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	305
Buildings, Improvements & Equipment	3,627
Cost Capitalized Subsequent to Acquisition	1,544
Impairment	0
Cost Basis Adjustment	(284)
Cost at the end of the period
Land	305
Buildings, Improvements & Equipment	4,887
Total	5,192
Accumulated Depreciation	1,830
1010 East Spring Street, Cookeville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	322
Buildings, Improvements & Equipment	3,828
Cost Capitalized Subsequent to Acquisition	1,777
Impairment	0
Cost Basis Adjustment	(230)
Cost at the end of the period
Land	322
Buildings, Improvements & Equipment	5,375
Total	5,697
Accumulated Depreciation	1,968
105 Sunrise Circle, Franklin, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	322
Buildings, Improvements & Equipment	3,833
Cost Capitalized Subsequent to Acquisition	1,312
Impairment	0
Cost Basis Adjustment	(268)
Cost at the end of the period
Land	329
Buildings, Improvements & Equipment	4,870
Total	5,199
Accumulated Depreciation	1,877
1085 Hartsville Pike, Gallatin, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	280
Buildings, Improvements & Equipment	3,327
Cost Capitalized Subsequent to Acquisition	1,840
Impairment	0
Cost Basis Adjustment	(212)
Cost at the end of the period
Land	280
Buildings, Improvements & Equipment	4,955
Total	5,235
Accumulated Depreciation	1,589
2025 Caldwell Drive, Goodlettsville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	3,507
Cost Capitalized Subsequent to Acquisition	8,547
Impairment	0
Cost Basis Adjustment	(202)
Cost at the end of the period
Land	400
Buildings, Improvements & Equipment	11,852
Total	12,252
Accumulated Depreciation	3,324
1200 North Parkway, Jackson, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	295
Buildings, Improvements & Equipment	3,506
Cost Capitalized Subsequent to Acquisition	968
Impairment	0
Cost Basis Adjustment	(300)
Cost at the end of the period
Land	299
Buildings, Improvements & Equipment	4,170
Total	4,469
Accumulated Depreciation	1,567
550 Deer View Way, Jefferson City, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	940
Buildings, Improvements & Equipment	8,057
Cost Capitalized Subsequent to Acquisition	2,297
Impairment	0
Cost Basis Adjustment	(94)
Cost at the end of the period
Land	948
Buildings, Improvements & Equipment	10,252
Total	11,200
Accumulated Depreciation	2,166
10914 Kingston Pike, Knoxville, TN
Real Estate And Accumulated Depreciation
Encumbrances	9,817
Initial Cost to Company
Land	613
Buildings, Improvements & Equipment	12,410
Cost Capitalized Subsequent to Acquisition	370
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	613
Buildings, Improvements & Equipment	12,780
Total	13,393
Accumulated Depreciation	1,630
3020 Heatherton Way, Knoxville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	304
Buildings, Improvements & Equipment	3,618
Cost Capitalized Subsequent to Acquisition	3,199
Impairment	(2,697)
Cost Basis Adjustment	(2,357)
Cost at the end of the period
Land	1,440
Buildings, Improvements & Equipment	627
Total	2,067
Accumulated Depreciation	29
3030 Holbrook Drive, Knoxville, TN
Real Estate And Accumulated Depreciation
Encumbrances	5,639
Initial Cost to Company
Land	352
Buildings, Improvements & Equipment	7,128
Cost Capitalized Subsequent to Acquisition	852
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	360
Buildings, Improvements & Equipment	7,972
Total	8,332
Accumulated Depreciation	996
100 Chatuga Drive West, Loudon, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	580
Buildings, Improvements & Equipment	16,093
Cost Capitalized Subsequent to Acquisition	31,831
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	580
Buildings, Improvements & Equipment	47,924
Total	48,504
Accumulated Depreciation	3,015
511 Pearson Springs Road, Maryville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	3,207
Cost Capitalized Subsequent to Acquisition	100
Impairment	0
Cost Basis Adjustment	(192)
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	3,115
Total	3,415
Accumulated Depreciation	1,469
1710 Magnolia Blvd, Nashville, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	750
Buildings, Improvements & Equipment	6,750
Cost Capitalized Subsequent to Acquisition	17,521
Impairment	0
Cost Basis Adjustment	(1,023)
Cost at the end of the period
Land	750
Buildings, Improvements & Equipment	23,248
Total	23,998
Accumulated Depreciation	4,413
350 Volunteer Drive, Paris, TN
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	110
Buildings, Improvements & Equipment	12,100
Cost Capitalized Subsequent to Acquisition	720
Impairment	0
Cost Basis Adjustment	(905)
Cost at the end of the period
Land	110
Buildings, Improvements & Equipment	11,915
Total	12,025
Accumulated Depreciation	1,676
971 State Hwy 121, Allen, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,590
Buildings, Improvements & Equipment	17,912
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,590
Buildings, Improvements & Equipment	17,912
Total	20,502
Accumulated Depreciation	5,989
1111 W. 34th Street, Austin, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	400
Buildings, Improvements & Equipment	21,021
Cost Capitalized Subsequent to Acquisition	2,108
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	694
Buildings, Improvements & Equipment	22,835
Total	23,529
Accumulated Depreciation	7,664
6818 Austin Center Blvd, Austin, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,540
Buildings, Improvements & Equipment	27,467
Cost Capitalized Subsequent to Acquisition	2,977
Impairment	0
Cost Basis Adjustment	(558)
Cost at the end of the period
Land	1,585
Buildings, Improvements & Equipment	29,841
Total	31,426
Accumulated Depreciation	9,757
7600 Capital Texas Highway, Austin, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	4,557
Cost Capitalized Subsequent to Acquisition	1,608
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	6,165
Total	6,465
Accumulated Depreciation	1,460
4620 Bellaire Boulevard, Bellaire, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,238
Buildings, Improvements & Equipment	11,010
Cost Capitalized Subsequent to Acquisition	4,948
Impairment	0
Cost Basis Adjustment	(243)
Cost at the end of the period
Land	1,325
Buildings, Improvements & Equipment	15,628
Total	16,953
Accumulated Depreciation	9,547
120 Crosspoint Drive, Boerne, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	220
Buildings, Improvements & Equipment	4,926
Cost Capitalized Subsequent to Acquisition	960
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	227
Buildings, Improvements & Equipment	5,879
Total	6,106
Accumulated Depreciation	1,864
4015 Interstate 45, Conroe , TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	620
Buildings, Improvements & Equipment	14,074
Cost Capitalized Subsequent to Acquisition	1,270
Impairment	0
Cost Basis Adjustment	(373)
Cost at the end of the period
Land	620
Buildings, Improvements & Equipment	14,971
Total	15,591
Accumulated Depreciation	4,115
5455 La Sierra Drive, Dallas, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,300
Buildings, Improvements & Equipment	25,200
Cost Capitalized Subsequent to Acquisition	8,177
Impairment	0
Cost Basis Adjustment	(902)
Cost at the end of the period
Land	2,324
Buildings, Improvements & Equipment	32,451
Total	34,775
Accumulated Depreciation	8,645
7831 Park Lane, Dallas, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,709
Buildings, Improvements & Equipment	27,768
Cost Capitalized Subsequent to Acquisition	23,525
Impairment	0
Cost Basis Adjustment	(2,998)
Cost at the end of the period
Land	5,432
Buildings, Improvements & Equipment	47,572
Total	53,004
Accumulated Depreciation	18,453
1575 Belvidere, El Paso, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,301
Buildings, Improvements & Equipment	13,567
Cost Capitalized Subsequent to Acquisition	7,482
Impairment	0
Cost Basis Adjustment	(1,537)
Cost at the end of the period
Land	2,316
Buildings, Improvements & Equipment	19,497
Total	21,813
Accumulated Depreciation	7,713
96 Frederick Road, Fredericksburg, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	280
Buildings, Improvements & Equipment	4,866
Cost Capitalized Subsequent to Acquisition	6,770
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	280
Buildings, Improvements & Equipment	11,636
Total	11,916
Accumulated Depreciation	2,871
6435 S.F.M. 549, Heath, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,135
Buildings, Improvements & Equipment	7,892
Cost Capitalized Subsequent to Acquisition	998
Impairment	(288)
Cost Basis Adjustment	(1,493)
Cost at the end of the period
Land	1,192
Buildings, Improvements & Equipment	7,052
Total	8,244
Accumulated Depreciation	426
13215 Dotson Road, Houston, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	990
Buildings, Improvements & Equipment	13,887
Cost Capitalized Subsequent to Acquisition	1,458
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	990
Buildings, Improvements & Equipment	15,345
Total	16,335
Accumulated Depreciation	3,994
777 North Post Oak Road, Houston, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	5,537
Buildings, Improvements & Equipment	32,647
Cost Capitalized Subsequent to Acquisition	27,154
Impairment	0
Cost Basis Adjustment	(4,460)
Cost at the end of the period
Land	5,540
Buildings, Improvements & Equipment	55,338
Total	60,878
Accumulated Depreciation	21,503
10030 North MacArthur Boulevard, Irving, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,186
Buildings, Improvements & Equipment	15,869
Cost Capitalized Subsequent to Acquisition	755
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,186
Buildings, Improvements & Equipment	16,624
Total	18,810
Accumulated Depreciation	2,848
4770 Regent Blvd, Irving, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,830
Buildings, Improvements & Equipment	15,082
Cost Capitalized Subsequent to Acquisition	4,467
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,830
Buildings, Improvements & Equipment	19,549
Total	22,379
Accumulated Depreciation	6,835
9812 Slide Road, Lubbock, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,110
Buildings, Improvements & Equipment	9,798
Cost Capitalized Subsequent to Acquisition	665
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,110
Buildings, Improvements & Equipment	10,463
Total	11,573
Accumulated Depreciation	2,882
605 Gateway Central, Marbel Falls, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,440
Buildings, Improvements & Equipment	7,125
Cost Capitalized Subsequent to Acquisition	1,380
Impairment	0
Cost Basis Adjustment	(34)
Cost at the end of the period
Land	1,440
Buildings, Improvements & Equipment	8,471
Total	9,911
Accumulated Depreciation	2,332
7150 N. President George Bush Turnpike, North Garland, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,981
Buildings, Improvements & Equipment	8,548
Cost Capitalized Subsequent to Acquisition	1,147
Impairment	(346)
Cost Basis Adjustment	(1,557)
Cost at the end of the period
Land	1,941
Buildings, Improvements & Equipment	7,832
Total	9,773
Accumulated Depreciation	485
500 Coit Road, Plano, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,463
Buildings, Improvements & Equipment	44,841
Cost Capitalized Subsequent to Acquisition	67
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,468
Buildings, Improvements & Equipment	44,903
Total	48,371
Accumulated Depreciation	2,436
2265 North Lakeshore Drive Rockwall, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	497
Buildings, Improvements & Equipment	3,582
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	497
Buildings, Improvements & Equipment	3,582
Total	4,079
Accumulated Depreciation	619
18302 Talavera Ridge San Antonio, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	6,855
Buildings, Improvements & Equipment	30,630
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	6,855
Buildings, Improvements & Equipment	30,630
Total	37,485
Accumulated Depreciation	5,297
21 Spurs Lane, Antonio, TX
Real Estate And Accumulated Depreciation
Encumbrances	11,120
Initial Cost to Company
Land	3,141
Buildings, Improvements & Equipment	23,142
Cost Capitalized Subsequent to Acquisition	2,199
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,192
Buildings, Improvements & Equipment	25,290
Total	28,482
Accumulated Depreciation	4,957
311 Nottingham West Place, San Antonio, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	4,283
Buildings, Improvements & Equipment	25,256
Cost Capitalized Subsequent to Acquisition	13,831
Impairment	0
Cost Basis Adjustment	(3,063)
Cost at the end of the period
Land	4,359
Buildings, Improvements & Equipment	35,948
Total	40,307
Accumulated Depreciation	15,661
511 & 575 Knights Cross Drive, San Antonio, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,300
Buildings, Improvements & Equipment	20,400
Cost Capitalized Subsequent to Acquisition	2,307
Impairment	0
Cost Basis Adjustment	(1,150)
Cost at the end of the period
Land	2,306
Buildings, Improvements & Equipment	21,551
Total	23,857
Accumulated Depreciation	6,484
5055 West Panther Creek Drive, Woodlands, TX
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,694
Buildings, Improvements & Equipment	21,782
Cost Capitalized Subsequent to Acquisition	7,488
Impairment	0
Cost Basis Adjustment	(3,490)
Cost at the end of the period
Land	3,706
Buildings, Improvements & Equipment	25,768
Total	29,474
Accumulated Depreciation	11,746
491 Crestwood Drive, Charlottesville, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	641
Buildings, Improvements & Equipment	7,633
Cost Capitalized Subsequent to Acquisition	2,711
Impairment	0
Cost Basis Adjustment	(585)
Cost at the end of the period
Land	646
Buildings, Improvements & Equipment	9,754
Total	10,400
Accumulated Depreciation	3,844
1005 Elysian Place, Chesapeake, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,370
Buildings, Improvements & Equipment	23,705
Cost Capitalized Subsequent to Acquisition	2,291
Impairment	0
Cost Basis Adjustment	(153)
Cost at the end of the period
Land	2,381
Buildings, Improvements & Equipment	25,832
Total	28,213
Accumulated Depreciation	7,035
2856 Forehand Drive, Chesapeake, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	160
Buildings, Improvements & Equipment	1,498
Cost Capitalized Subsequent to Acquisition	2,398
Impairment	(1,427)
Cost Basis Adjustment	(1,159)
Cost at the end of the period
Land	1,470
Buildings, Improvements & Equipment	0
Total	1,470
Accumulated Depreciation	0
4027 Martinsburg Pike Clear brook VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,775
Buildings, Improvements & Equipment	21,768
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,775
Buildings, Improvements & Equipment	21,768
Total	25,543
Accumulated Depreciation	3,764
4001 Fair Ridge Drive, Fairfax, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,500
Buildings, Improvements & Equipment	7,147
Cost Capitalized Subsequent to Acquisition	3,129
Impairment	0
Cost Basis Adjustment	(222)
Cost at the end of the period
Land	2,646
Buildings, Improvements & Equipment	9,908
Total	12,554
Accumulated Depreciation	3,099
20 HeartFields Lane , Fredericksburg, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	287
Buildings, Improvements & Equipment	8,480
Cost Capitalized Subsequent to Acquisition	1,864
Impairment	0
Cost Basis Adjustment	(781)
Cost at the end of the period
Land	287
Buildings, Improvements & Equipment	9,563
Total	9,850
Accumulated Depreciation	4,493
2800 Polo Parkway, Midlothian, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,103
Buildings, Improvements & Equipment	13,126
Cost Capitalized Subsequent to Acquisition	4,986
Impairment	0
Cost Basis Adjustment	(920)
Cost at the end of the period
Land	1,108
Buildings, Improvements & Equipment	17,187
Total	18,295
Accumulated Depreciation	6,502
655 Denbigh Boulevard, Newport News, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	581
Buildings, Improvements & Equipment	6,921
Cost Capitalized Subsequent to Acquisition	2,170
Impairment	0
Cost Basis Adjustment	(438)
Cost at the end of the period
Land	584
Buildings, Improvements & Equipment	8,650
Total	9,234
Accumulated Depreciation	3,373
6160 Kempsville Circle, Norfolk, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,263
Buildings, Improvements & Equipment	7,615
Cost Capitalized Subsequent to Acquisition	4,016
Impairment	0
Cost Basis Adjustment	(115)
Cost at the end of the period
Land	3,372
Buildings, Improvements & Equipment	11,407
Total	14,779
Accumulated Depreciation	1,458
6161 Kempsville Road, Norfolk, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,530
Buildings, Improvements & Equipment	9,531
Cost Capitalized Subsequent to Acquisition	2,984
Impairment	0
Cost Basis Adjustment	(323)
Cost at the end of the period
Land	1,530
Buildings, Improvements & Equipment	12,192
Total	13,722
Accumulated Depreciation	3,628
6311 Granby Street, Norfolk, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,920
Buildings, Improvements & Equipment	16,538
Cost Capitalized Subsequent to Acquisition	3,078
Impairment	0
Cost Basis Adjustment	(188)
Cost at the end of the period
Land	1,932
Buildings, Improvements & Equipment	19,416
Total	21,348
Accumulated Depreciation	5,116
885 Kempsville Road, Norfolk, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,780
Buildings, Improvements & Equipment	8,354
Cost Capitalized Subsequent to Acquisition	2,823
Impairment	0
Cost Basis Adjustment	(865)
Cost at the end of the period
Land	1,798
Buildings, Improvements & Equipment	10,294
Total	12,092
Accumulated Depreciation	3,070
531 Wythe Creek Road, Poquoson, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	220
Buildings, Improvements & Equipment	2,041
Cost Capitalized Subsequent to Acquisition	1,031
Impairment	0
Cost Basis Adjustment	(275)
Cost at the end of the period
Land	220
Buildings, Improvements & Equipment	2,797
Total	3,017
Accumulated Depreciation	1,132
10800 Nuckols Road, Glen Allen, VA
Real Estate And Accumulated Depreciation
Encumbrances	10,240
Initial Cost to Company
Land	2,863
Buildings, Improvements & Equipment	11,105
Cost Capitalized Subsequent to Acquisition	698
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,863
Buildings, Improvements & Equipment	11,803
Total	14,666
Accumulated Depreciation	1,278
3000 Skipwith Road, Richmond, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	732
Buildings, Improvements & Equipment	8,717
Cost Capitalized Subsequent to Acquisition	1,434
Impairment	0
Cost Basis Adjustment	(519)
Cost at the end of the period
Land	732
Buildings, Improvements & Equipment	9,632
Total	10,364
Accumulated Depreciation	3,951
9900 Independence Park Drive, Richmond, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	326
Buildings, Improvements & Equipment	3,166
Cost Capitalized Subsequent to Acquisition	272
Impairment	0
Cost Basis Adjustment	(92)
Cost at the end of the period
Land	326
Buildings, Improvements & Equipment	3,346
Total	3,672
Accumulated Depreciation	882
9930 Independence Park Drive, Richmond, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	604
Buildings, Improvements & Equipment	4,975
Cost Capitalized Subsequent to Acquisition	1,160
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	700
Buildings, Improvements & Equipment	6,039
Total	6,739
Accumulated Depreciation	1,340
5620 Wesleyan Drive, Virginia Beach, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	893
Buildings, Improvements & Equipment	7,926
Cost Capitalized Subsequent to Acquisition	2,685
Impairment	0
Cost Basis Adjustment	(124)
Cost at the end of the period
Land	893
Buildings, Improvements & Equipment	10,487
Total	11,380
Accumulated Depreciation	6,309
Longhill Road4132 Williamsburg V A 1 [Member]
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	270
Buildings, Improvements & Equipment	2,468
Cost Capitalized Subsequent to Acquisition	1,392
Impairment	(945)
Cost Basis Adjustment	(1,583)
Cost at the end of the period
Land	162
Buildings, Improvements & Equipment	1,440
Total	1,602
Accumulated Depreciation	53
440 McLaws Circle, Williamsburg, VA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,466
Buildings, Improvements & Equipment	17,340
Cost Capitalized Subsequent to Acquisition	713
Impairment	0
Cost Basis Adjustment	(1,040)
Cost at the end of the period
Land	1,466
Buildings, Improvements & Equipment	17,013
Total	18,479
Accumulated Depreciation	2,339
21717 30th Drive SE, Bothell, WA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,012
Buildings, Improvements & Equipment	12,582
Cost Capitalized Subsequent to Acquisition	69
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,081
Buildings, Improvements & Equipment	12,582
Total	15,663
Accumulated Depreciation	2,807
21823 30th Drive SE, Bothell, WA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,627
Buildings, Improvements & Equipment	12,657
Cost Capitalized Subsequent to Acquisition	55
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,682
Buildings, Improvements & Equipment	12,657
Total	15,339
Accumulated Depreciation	2,823
516 Kenosia Avenue South, Kent, WA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,300
Buildings, Improvements & Equipment	8,458
Cost Capitalized Subsequent to Acquisition	3,728
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,368
Buildings, Improvements & Equipment	12,118
Total	13,486
Accumulated Depreciation	3,228
555 16th Avenue, Seattle, WA
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	256
Buildings, Improvements & Equipment	4,869
Cost Capitalized Subsequent to Acquisition	68
Impairment	0
Cost Basis Adjustment	(513)
Cost at the end of the period
Land	256
Buildings, Improvements & Equipment	4,424
Total	4,680
Accumulated Depreciation	3,111
3003 West Good Hope Road, Glendale, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,500
Buildings, Improvements & Equipment	33,747
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,500
Buildings, Improvements & Equipment	33,747
Total	35,247
Accumulated Depreciation	10,335
7007 North Range Line Road, Glendale, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	250
Buildings, Improvements & Equipment	3,797
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	250
Buildings, Improvements & Equipment	3,797
Total	4,047
Accumulated Depreciation	1,163
215 Washington Street, Grafton, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	500
Buildings, Improvements & Equipment	10,058
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	500
Buildings, Improvements & Equipment	10,058
Total	10,558
Accumulated Depreciation	3,080
N168W22022 Main Street, Jackson, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	188
Buildings, Improvements & Equipment	5,962
Cost Capitalized Subsequent to Acquisition	912
Impairment	0
Cost Basis Adjustment	(101)
Cost at the end of the period
Land	192
Buildings, Improvements & Equipment	6,769
Total	6,961
Accumulated Depreciation	1,352
8351 Sheridan Road, Kenosha, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	750
Buildings, Improvements & Equipment	7,669
Cost Capitalized Subsequent to Acquisition	386
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	758
Buildings, Improvements & Equipment	8,047
Total	8,805
Accumulated Depreciation	2,817
5601 Burke Road, Madison, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	700
Buildings, Improvements & Equipment	7,461
Cost Capitalized Subsequent to Acquisition	922
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	712
Buildings, Improvements & Equipment	8,371
Total	9,083
Accumulated Depreciation	2,767
7707 N. Brookline Drive, Madison, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,615
Buildings, Improvements & Equipment	35,545
Cost Capitalized Subsequent to Acquisition	3,584
Impairment	0
Cost Basis Adjustment	(51)
Cost at the end of the period
Land	2,631
Buildings, Improvements & Equipment	39,062
Total	41,693
Accumulated Depreciation	7,676
10803 N. Port Washington Rd, Mequon, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	800
Buildings, Improvements & Equipment	8,388
Cost Capitalized Subsequent to Acquisition	900
Impairment	0
Cost Basis Adjustment	(25)
Cost at the end of the period
Land	805
Buildings, Improvements & Equipment	9,258
Total	10,063
Accumulated Depreciation	3,232
701 East Puetz Rd, Oak Creek, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	650
Buildings, Improvements & Equipment	18,396
Cost Capitalized Subsequent to Acquisition	2,522
Impairment	0
Cost Basis Adjustment	(105)
Cost at the end of the period
Land	1,376
Buildings, Improvements & Equipment	20,087
Total	21,463
Accumulated Depreciation	6,874
W231 N1440 Corporate Court, Pewaukee, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	3,900
Buildings, Improvements & Equipment	41,140
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	3,900
Buildings, Improvements & Equipment	41,140
Total	45,040
Accumulated Depreciation	12,599
8348 & 8400 Washington Avenue, Racine, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,150
Buildings, Improvements & Equipment	22,436
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,150
Buildings, Improvements & Equipment	22,436
Total	23,586
Accumulated Depreciation	6,871
1221 North 26th Street, Sheboygan, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	300
Buildings, Improvements & Equipment	975
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	300
Buildings, Improvements & Equipment	975
Total	1,275
Accumulated Depreciation	299
1222 North 23rd Street, Sheboygan, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	120
Buildings, Improvements & Equipment	4,014
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	120
Buildings, Improvements & Equipment	4,014
Total	4,134
Accumulated Depreciation	1,229
2414 Kohler Memorial Drive, Sheboygan, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,400
Buildings, Improvements & Equipment	35,168
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	1,400
Buildings, Improvements & Equipment	35,168
Total	36,568
Accumulated Depreciation	10,770
1125 N Edge Trail, Verona, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	1,365
Buildings, Improvements & Equipment	9,581
Cost Capitalized Subsequent to Acquisition	1,721
Impairment	0
Cost Basis Adjustment	(340)
Cost at the end of the period
Land	1,372
Buildings, Improvements & Equipment	10,955
Total	12,327
Accumulated Depreciation	2,524
3289 North Mayfair Road, Wauwatosa, WI
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	2,300
Buildings, Improvements & Equipment	6,245
Cost Capitalized Subsequent to Acquisition	0
Impairment	0
Cost Basis Adjustment	0
Cost at the end of the period
Land	2,300
Buildings, Improvements & Equipment	6,245
Total	8,545
Accumulated Depreciation	1,913
503 South 18th Street, Laramie, WY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	191
Buildings, Improvements & Equipment	3,632
Cost Capitalized Subsequent to Acquisition	2,846
Impairment	0
Cost Basis Adjustment	(884)
Cost at the end of the period
Land	202
Buildings, Improvements & Equipment	5,583
Total	5,785
Accumulated Depreciation	2,651
1901 Howell Avenue, Worland, WY
Real Estate And Accumulated Depreciation
Encumbrances	0
Initial Cost to Company
Land	132
Buildings, Improvements & Equipment	2,508
Cost Capitalized Subsequent to Acquisition	2,293
Impairment	0
Cost Basis Adjustment	(571)
Cost at the end of the period
Land	132
Buildings, Improvements & Equipment	4,230
Total	4,362
Accumulated Depreciation	$ 2,313

SCHEDULE III REAL ESTATE AND _3

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION - Footnotes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Real Estate And Accumulated Depreciation
Aggregate cost for federal income tax purposes	$ 7,405,729
Finance leases	$ 6,636
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Secured debt and finance leases, net	Secured debt and finance leases, net
Continuing Operations
Real Estate And Accumulated Depreciation
Unamortized discount (premium), net	$ (578)
Buildings and Improvements | Maximum
Real Estate And Accumulated Depreciation
Period over which real estate assets are depreciated	40 years
Equipment | Maximum
Real Estate And Accumulated Depreciation
Period over which real estate assets are depreciated	12 years
Mortgages
Real Estate And Accumulated Depreciation
Mortgage debts	$ 62,499

SCHEDULE III REAL ESTATE AND _4

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION - Schedule of Real Estate and Accumulated Depreciation (Details) - Continuing Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate and Equipment
Balance at the beginning of the period	$ 7,410,730	$ 7,461,586	$ 7,876,300
Additions	229,735	192,124	277,350
Disposals	(910,372)	(145,430)	(250,996)
Impairment	174	(106,972)	(114,786)
Cost basis adjustment	(29,762)	(126,127)	(77,642)
Reclassification of assets held for sale, net	113,051	135,549	(248,640)
Balance at the end of the period	6,813,556	7,410,730	7,461,586
Accumulated Depreciation
Balance at the beginning of the period	1,694,901	1,570,801	1,534,392
Additions	223,039	216,418	221,165
Disposals	(158,523)	(10,228)	(54,816)
Impairment	0	0	0
Cost basis adjustment	(29,762)	(126,127)	(77,642)
Reclassification of assets held for sale, net	8,152	44,037	(52,298)
Balance at the end of the period	$ 1,737,807	$ 1,694,901	$ 1,570,801