Schedule III - Consolidated Real Estate and Accumulated Depreciation and Amortization | Initial Cost Cost Capitalized Subsequent to Acquisition Gross Carrying Amount Property Name Encumb-rances Land Building & Improve-ments (2) Improve-ments (2)(3) Land Building & Improve-ments (2) Total (5) Accumulated Depreciation & Amortization Year Built / Renovated Year Acquired Office Properties 100 Wilshire $ 252,034 $ 12,769 $ 78,447 $ 151,175 $ 27,108 $ 215,283 $ 242,391 $ 73,429 1968/2002/2019 1999 233 Wilshire 62,962 9,263 130,426 3,549 9,263 133,975 143,238 14,268 1975/2008-2009 2016 401 Wilshire — 9,989 29,187 129,932 21,787 147,321 169,108 47,259 1981/2000/2019 1996 429 Santa Monica 33,691 4,949 72,534 3,086 4,949 75,620 80,569 6,978 1982/2016 2017 1132 Bishop Street — 8,317 105,651 55,172 8,833 160,307 169,140 87,669 1992 2004 1299 Ocean 124,699 22,748 265,198 15,300 22,748 280,498 303,246 22,015 1980/2006/2019 2017 1901 Avenue of the Stars — 18,514 131,752 114,260 26,163 238,363 264,526 86,611 1968/2001 2001 2001 Wilshire (4) 36,000 5,711 81,622 151 5,711 81,773 87,484 273 1980/2013 2008 8383 Wilshire (4) 138,000 18,005 328,118 695 18,005 328,813 346,818 1,076 1971/2009 2008 8484 Wilshire (1) — 8,846 77,780 16,101 8,846 93,881 102,727 21,021 1972/2013 2013 9100 Wilshire (4) 115,000 13,455 258,329 518 13,455 258,847 272,302 807 1971/2016 2008 9401 Wilshire 30,864 6,740 152,310 12,743 6,740 165,053 171,793 10,617 1971/2019 2017 9601 Wilshire — 16,597 54,774 105,395 17,658 159,108 176,766 57,708 1962/2004 2001 9665 Wilshire 77,445 5,568 177,072 18,550 5,568 195,622 201,190 12,887 1971/2019 2017 10880 Wilshire 198,794 29,995 437,514 31,763 29,988 469,284 499,272 53,543 1970/2009/2019 2016 10960 Wilshire 201,893 45,844 429,769 27,072 45,852 456,833 502,685 54,210 1971/2006 2016 11777 San Vicente 44,412 5,032 15,768 29,600 6,714 43,686 50,400 16,119 1974/1998 1999 12100 Wilshire 101,203 20,164 208,755 8,255 20,164 217,010 237,174 26,206 1985 2016 12400 Wilshire — 5,013 34,283 76,442 8,828 106,910 115,738 38,680 1985 1996 15250 Ventura (4) 26,000 2,130 48,907 139 2,130 49,046 51,176 211 1970/2012 2008 16000 Ventura (4) 42,000 1,936 89,531 301 1,936 89,832 91,768 325 1980/2011 2008 16501 Ventura 42,944 6,759 53,112 11,387 6,759 64,499 71,258 15,359 1986/2012 2013 Beverly Hills Medical Center — 4,955 27,766 28,814 6,435 55,100 61,535 20,186 1964/2004 2004 Bishop Square 200,000 16,273 213,793 31,072 16,273 244,865 261,138 70,903 1972/1983 2010 Brentwood Court — 2,564 8,872 524 2,563 9,397 11,960 3,653 1984 2006 Brentwood Executive Plaza — 3,255 9,654 32,710 5,921 39,698 45,619 14,519 1983/1996 1995 Brentwood Medical Plaza — 5,934 27,836 1,285 5,933 29,122 35,055 11,088 1975 2006 Brentwood San Vicente Medical — 5,557 16,457 1,180 5,557 17,637 23,194 6,782 1957/1985 2006 Brentwood/Saltair — 4,468 11,615 11,766 4,775 23,074 27,849 8,845 1986 2000 Bundy/Olympic — 4,201 11,860 29,078 6,030 39,109 45,139 14,450 1991/1998 1994 Camden Medical Arts 42,276 3,102 12,221 27,853 5,298 37,878 43,176 13,704 1972/1992 1995 Carthay Campus — 6,595 70,454 6,241 6,594 76,696 83,290 15,396 1965/2008 2014 Century Park Plaza 173,000 10,275 70,761 132,532 16,153 197,415 213,568 60,946 1972/1987/2019 1999 Century Park West (1) — 3,717 29,099 (1,050 ) 3,667 28,099 31,766 10,038 1971 2007 Columbus Center — 2,096 10,396 9,569 2,333 19,728 22,061 7,439 1987 2001 Coral Plaza — 4,028 15,019 18,918 5,366 32,599 37,965 12,051 1981 1998 Cornerstone Plaza (1) — 8,245 80,633 7,135 8,263 87,750 96,013 30,052 1986 2007 Encino Gateway — 8,475 48,525 55,246 15,653 96,593 112,246 35,614 1974/1998 2000 Encino Plaza — 5,293 23,125 47,991 6,165 70,244 76,409 26,809 1971/1992 2000 Encino Terrace 105,565 12,535 59,554 94,108 15,533 150,664 166,197 53,418 1986 1999 Executive Tower (1) — 6,660 32,045 59,549 9,471 88,783 98,254 34,753 1989 1995 Initial Cost Cost Capitalized Subsequent to Acquisition Gross Carrying Amount Property Name Encumb-rances Land Building & Improve-ments (2) Improve- (2)(3) Land Building & Improve-ments (2) Total (5) Accumulated Depreciation & Amortization Year Built / Renovated Year Acquired Office Properties (continued) First Financial Plaza 54,077 12,092 81,104 3,635 12,092 84,739 96,831 13,474 1986 2015 Gateway Los Angeles — 2,376 15,302 49,327 5,119 61,886 67,005 23,283 1987 1994 Harbor Court — 51 41,001 48,087 12,060 77,079 89,139 24,518 1994 2004 Honolulu Club — 1,863 16,766 5,896 1,863 22,662 24,525 9,089 1980 2008 Landmark II — 6,086 109,259 67,669 13,070 169,944 183,014 61,622 1989 1997 Lincoln/Wilshire — 3,833 12,484 23,598 7,475 32,440 39,915 10,883 1996 2000 MB Plaza — 4,533 22,024 33,600 7,503 52,654 60,157 18,784 1971/1996 1998 Olympic Center 52,000 5,473 22,850 34,804 8,247 54,880 63,127 19,807 1985/1996 1997 One Westwood (1) — 10,350 29,784 63,393 9,194 94,333 103,527 34,093 1987/2004 1999 Palisades Promenade — 5,253 15,547 54,541 9,664 65,677 75,341 23,435 1990 1995 Saltair/San Vicente 21,533 5,075 6,946 16,739 7,557 21,203 28,760 8,044 1964/1992 1997 San Vicente Plaza — 7,055 12,035 (61 ) 7,055 11,974 19,029 4,798 1985 2006 Santa Monica Square 48,500 5,366 18,025 21,723 6,863 38,251 45,114 13,974 1983/2004 2001 Second Street Plaza — 4,377 15,277 36,308 7,421 48,541 55,962 17,963 1991 1997 Sherman Oaks Galleria 300,000 33,213 17,820 410,836 48,328 413,541 461,869 150,971 1981/2002 1997 Studio Plaza — 9,347 73,358 122,044 15,015 189,734 204,749 68,366 1988/2004 1995 The Tower 65,969 9,643 160,602 4,196 9,643 164,798 174,441 20,889 1988/1998 2016 The Trillium (1) — 20,688 143,263 85,509 21,989 227,471 249,460 80,180 1988 2005 Valley Executive Tower 104,000 8,446 67,672 104,500 11,737 168,881 180,618 60,805 1984 1998 Valley Office Plaza — 5,731 24,329 46,172 8,957 67,275 76,232 24,902 1966/2002 1998 Verona — 2,574 7,111 15,131 5,111 19,705 24,816 7,106 1991 1997 Village on Canon 61,745 5,933 11,389 50,012 13,303 54,031 67,334 19,444 1989/1995 1994 Warner Center Towers 335,000 43,110 292,147 421,607 59,418 697,446 756,864 256,107 1982-1993/2004 2002 Warner Corporate Center (4) 43,000 11,035 65,799 335 11,035 66,134 77,169 298 1988/2015 2008 Westside Towers 141,915 8,506 79,532 82,034 14,568 155,504 170,072 56,383 1985 1998 Westwood Center 113,343 9,512 259,341 12,344 9,513 271,684 281,197 33,966 1965/2000 2016 Westwood Place 71,000 8,542 44,419 52,040 11,448 93,553 105,001 33,866 1987 1999 Multifamily Properties 555 Barrington 50,000 6,461 27,639 40,435 14,903 59,632 74,535 21,850 1989 1999 Barrington Plaza 210,000 28,568 81,485 153,858 58,208 205,703 263,911 75,202 1963/1998 1998 Barrington/Kiowa 13,940 5,720 10,052 656 5,720 10,708 16,428 3,979 1974 2006 Barry 11,370 6,426 8,179 549 6,426 8,728 15,154 3,340 1973 2006 Kiowa 5,470 2,605 3,263 421 2,605 3,684 6,289 1,378 1972 2006 Moanalua Hillside Apartments 255,000 24,791 157,353 119,348 35,365 266,127 301,492 47,725 1968/2004/2019 2005 Pacific Plaza 78,000 10,091 16,159 74,021 27,816 72,455 100,271 25,820 1963/1998 1999 The Glendon 160,000 32,773 335,925 467 32,775 336,390 369,165 6,028 2008 2019 The Shores 212,000 20,809 74,191 199,491 60,555 233,936 294,491 82,309 1965-67/2002 1999 Villas at Royal Kunia 94,220 42,887 71,376 14,961 35,163 94,061 129,224 38,965 1990/1995 2006 Waena Apartments 102,400 26,864 119,273 1,502 26,864 120,775 147,639 16,852 1970/2009-2014 2014 Initial Cost Cost Capitalized Subsequent to Acquisition Gross Carrying Amount Property Name Encumb-rances Land Building & Improve-ments (2) Improve- (2)(3) Land Building & Improve-ments (2) Total (5) Accumulated Depreciation & Amortization Year Built / Renovated Year Acquired Ground Lease Owensmouth/Warner (1) — 23,848 — — 23,848 — 23,848 — N/A 2006 Total Operating Properties $ 4,653,264 $ 878,478 $ 6,610,605 $ 3,877,835 $ 1,152,684 $ 10,214,234 $ 11,366,918 $ 2,518,415 Property Under Development 1132 Bishop Street Conversion $ — $ — $ — $ 16,818 $ — $ 16,818 $ 16,818 $ — N/A N/A Landmark II Development — 13,070 — 79,703 13,070 79,703 92,773 — N/A N/A Other Developments — — — 2,124 — 2,124 2,124 — N/A N/A Total Property Under Development $ — $ 13,070 $ — $ 98,645 $ 13,070 $ 98,645 $ 111,715 $ — Total $ 4,653,264 $ 891,548 $ 6,610,605 $ 3,976,480 $ 1,165,754 $ 10,312,879 $ 11,478,633 $ 2,518,415 _____________________________________________________ (1) These properties are encumbered by our revolving credit facility, which had a zero balance as of December 31, 2019 . (2) Includes tenant improvements and lease intangibles. (3) Net of fully depreciated and amortized tenant improvements and lease intangibles removed from our books. (4) A previously unconsolidated Fund is now treated as a consolidated JV. (5) At December 31, 2019 , the aggregate federal income tax cost basis for consolidated real estate was $7.91 billion (unaudited). The table below presents a reconciliation of our investment in real estate: Year Ended December 31, 2019 2018 2017 Investment in real estate, gross Beginning balance $ 10,030,708 $ 9,829,208 $ 8,998,120 Property acquisitions 368,698 — 707,120 Consolidation of JV 924,578 — — Improvements and developments 242,854 277,229 177,655 Removal of fully depreciated and amortized tenant improvements and lease intangibles (88,205 ) (75,729 ) (53,687 ) Ending balance $ 11,478,633 $ 10,030,708 $ 9,829,208 Accumulated depreciation and amortization Beginning balance $ (2,246,887 ) $ (2,012,752 ) $ (1,789,678 ) Depreciation and amortization (357,743 ) (309,864 ) (276,761 ) Other accumulated depreciation and amortization (1,990 ) — — Removal of fully depreciated and amortized tenant improvements and lease intangibles 88,205 75,729 53,687 Ending balance $ (2,518,415 ) $ (2,246,887 ) $ (2,012,752 ) Investment in real estate, net $ 8,960,218 $ 7,783,821 $ 7,816,456 |