Schedule III-Real Estate and Accumulated Depreciation | Corporate Office Properties Trust and Subsidiaries and Corporate Office Properties, L.P. and Subsidiaries Schedule III—Real Estate and Accumulated Depreciation December 31, 2018 (Dollars in thousands) Initial Cost Gross Amounts Carried At Close of Period Property (Type) (1) Location Encumbrances (2) Land Building and Land Improvements Costs Capitalized Subsequent to Acquisition Land Building and Land Improvements Total (3)(4) Accumulated Depreciation (5) Year Built or Renovated Date Acquired (6) 100 Light Street (O) Baltimore, MD $ 48,473 $ 26,715 $ 58,343 $ 8,065 $ 26,715 $ 66,408 $ 93,123 $ (13,232 ) 1973/2011 8/7/2015 1000 Redstone Gateway (O) Huntsville, AL 10,390 — 20,533 5 — 20,538 20,538 (2,978 ) 2013 3/23/2010 1100 Redstone Gateway (O) Huntsville, AL 10,917 — 19,593 6 — 19,599 19,599 (2,435 ) 2014 3/23/2010 114 National Business Parkway (O) Annapolis Junction, MD — 364 3,109 118 364 3,227 3,591 (1,401 ) 2002 6/30/2000 1200 Redstone Gateway (O) Huntsville, AL 12,616 — 22,389 — — 22,389 22,389 (2,824 ) 2013 3/23/2010 1201 M Street (O) Washington, DC — — 49,785 8,619 — 58,404 58,404 (14,892 ) 2001 9/28/2010 1201 Winterson Road (O) Linthicum, MD — 2,130 16,601 488 2,130 17,089 19,219 (4,665 ) 1985/2017 4/30/1998 1220 12th Street, SE (O) Washington, DC — — 42,464 7,355 — 49,819 49,819 (13,674 ) 2003 9/28/2010 1243 Winterson Road (L) Linthicum, MD — 630 — — 630 — 630 — (7) 12/19/2001 131 National Business Parkway (O) Annapolis Junction, MD — 1,906 7,623 3,962 1,906 11,585 13,491 (6,697 ) 1990 9/28/1998 132 National Business Parkway (O) Annapolis Junction, MD — 2,917 12,259 4,666 2,917 16,925 19,842 (9,325 ) 2000 5/28/1999 133 National Business Parkway (O) Annapolis Junction, MD — 2,517 10,068 5,584 2,517 15,652 18,169 (9,639 ) 1997 9/28/1998 134 National Business Parkway (O) Annapolis Junction, MD — 3,684 7,517 4,108 3,684 11,625 15,309 (6,036 ) 1999 11/13/1998 1340 Ashton Road (O) Hanover, MD — 905 3,620 1,516 905 5,136 6,041 (2,971 ) 1989 4/28/1999 13450 Sunrise Valley Road (O) Herndon, VA — 1,386 5,576 4,592 1,386 10,168 11,554 (5,295 ) 1998 7/25/2003 13454 Sunrise Valley Road (O) Herndon, VA — 2,899 11,986 8,191 2,899 20,177 23,076 (10,176 ) 1998 7/25/2003 135 National Business Parkway (O) Annapolis Junction, MD — 2,484 9,750 6,075 2,484 15,825 18,309 (8,783 ) 1998 12/30/1998 1362 Mellon Road (O) Hanover, MD — 950 3,864 206 950 4,070 5,020 (414 ) 2006 2/10/2006 13857 McLearen Road (O) Herndon, VA — 3,507 30,177 2,806 3,507 32,983 36,490 (10,850 ) 2007 7/11/2012 140 National Business Parkway (O) Annapolis Junction, MD — 3,407 24,167 1,487 3,407 25,654 29,061 (9,577 ) 2003 12/31/2003 141 National Business Parkway (O) Annapolis Junction, MD — 2,398 9,538 4,815 2,398 14,353 16,751 (8,006 ) 1990 9/28/1998 14280 Park Meadow Drive (O) Chantilly, VA — 3,731 15,953 3,039 3,731 18,992 22,723 (7,982 ) 1999 9/29/2004 1460 Dorsey Road (L) Hanover, MD — 1,577 67 — 1,577 67 1,644 — (7) 2/28/2006 14840 Conference Center Drive (O) Chantilly, VA — 1,572 8,175 3,433 1,572 11,608 13,180 (5,964 ) 2000 7/25/2003 14850 Conference Center Drive (O) Chantilly, VA — 1,615 8,358 3,108 1,615 11,466 13,081 (6,416 ) 2000 7/25/2003 14900 Conference Center Drive (O) Chantilly, VA — 3,436 14,402 7,817 3,436 22,219 25,655 (10,959 ) 1999 7/25/2003 1501 South Clinton Street (O) Baltimore, MD — 27,964 51,990 15,417 27,964 67,407 95,371 (22,475 ) 2006 10/27/2009 15049 Conference Center Drive (O) Chantilly, VA — 4,415 20,365 15,729 4,415 36,094 40,509 (13,957 ) 1997 8/14/2002 15059 Conference Center Drive (O) Chantilly, VA — 5,753 13,615 3,979 5,753 17,594 23,347 (8,680 ) 2000 8/14/2002 1550 West Nursery Road (O) Linthicum, MD — 14,071 16,930 — 14,071 16,930 31,001 (5,390 ) 2009 10/28/2009 1560 West Nursery Road (O) Linthicum, MD — 1,441 113 — 1,441 113 1,554 (13 ) 2014 10/28/2009 1610 West Nursery Road (O) Linthicum, MD — 259 246 — 259 246 505 (11 ) 2016 4/30/1998 1616 West Nursery Road (O) Linthicum, MD — 393 3,323 — 393 3,323 3,716 (98 ) 2017 4/30/1998 1622 West Nursery Road (O) Linthicum, MD — 393 2,542 — 393 2,542 2,935 (116 ) 2016 4/30/1998 Initial Cost Gross Amounts Carried At Close of Period Property (Type) (1) Location Encumbrances (2) Land Building and Land Improvements Costs Capitalized Subsequent to Acquisition Land Building and Land Improvements Total (3)(4) Accumulated Depreciation (5) Year Built or Renovated Date Acquired (6) 16442 Commerce Drive (O) Dahlgren, VA — 613 2,582 894 613 3,476 4,089 (1,635 ) 2002 12/21/2004 16480 Commerce Drive (O) Dahlgren, VA — 1,856 7,154 2,170 1,856 9,324 11,180 (3,624 ) 2000 12/28/2004 16501 Commerce Drive (O) Dahlgren, VA — 522 2,090 976 522 3,066 3,588 (1,112 ) 2002 12/21/2004 16539 Commerce Drive (O) Dahlgren, VA — 688 2,860 2,188 688 5,048 5,736 (2,517 ) 1990 12/21/2004 16541 Commerce Drive (O) Dahlgren, VA — 773 3,094 1,794 773 4,888 5,661 (2,197 ) 1996 12/21/2004 16543 Commerce Drive (O) Dahlgren, VA — 436 1,742 716 436 2,458 2,894 (972 ) 2002 12/21/2004 1751 Pinnacle Drive (O) McLean, VA — 10,486 42,339 29,880 10,486 72,219 82,705 (32,435 ) 1989/1995 9/23/2004 1753 Pinnacle Drive (O) McLean, VA — 8,275 34,353 20,778 8,275 55,131 63,406 (20,770 ) 1976/2004 9/23/2004 206 Research Boulevard (O) Aberdeen, MD — — — — — — — — 2012 9/14/2007 209 Research Boulevard (O) Aberdeen, MD — 134 1,711 265 134 1,976 2,110 (381 ) 2010 9/14/2007 210 Research Boulevard (O) Aberdeen, MD — 113 1,402 204 113 1,606 1,719 (271 ) 2010 9/14/2007 2100 L Street (O) Washington, DC 13,577 56,351 19,446 — 56,351 19,446 75,797 — (8) 8/11/2015 2100 Rideout Road (O) Huntsville, AL — — 5,492 2,881 — 8,373 8,373 (866 ) 2016 3/23/2010 22289 Exploration Drive (O) Lexington Park, MD — 1,422 5,594 1,867 1,422 7,461 8,883 (3,598 ) 2000 3/24/2004 22299 Exploration Drive (O) Lexington Park, MD — 1,362 5,685 2,550 1,362 8,235 9,597 (4,040 ) 1998 3/24/2004 22300 Exploration Drive (O) Lexington Park, MD — 1,094 4,929 2,522 1,094 7,451 8,545 (2,658 ) 1997 11/9/2004 22309 Exploration Drive (O) Lexington Park, MD — 2,243 10,419 7,983 2,243 18,402 20,645 (6,799 ) 1984/1997 3/24/2004 23535 Cottonwood Parkway (O) California, MD — 692 3,051 571 692 3,622 4,314 (1,695 ) 1984 3/24/2004 250 W Pratt St (O) Baltimore, MD — 8,057 34,588 10,557 8,057 45,145 53,202 (10,084 ) 1985 3/19/2015 2500 Riva Road (O) Annapolis, MD — 2,791 12,193 1 2,791 12,194 14,985 (6,467 ) 2000 3/4/2003 2600 Park Tower Drive (O) Vienna, VA — 20,304 34,443 711 20,304 35,154 55,458 (4,939 ) 1999 4/15/2015 2691 Technology Drive (O) Annapolis Junction, MD — 2,098 17,334 5,557 2,098 22,891 24,989 (10,541 ) 2005 5/26/2000 2701 Technology Drive (O) Annapolis Junction, MD — 1,737 15,266 5,034 1,737 20,300 22,037 (10,559 ) 2001 5/26/2000 2711 Technology Drive (O) Annapolis Junction, MD — 2,251 21,611 2,282 2,251 23,893 26,144 (12,299 ) 2002 11/13/2000 2720 Technology Drive (O) Annapolis Junction, MD — 3,863 29,272 1,218 3,863 30,490 34,353 (11,349 ) 2004 1/31/2002 2721 Technology Drive (O) Annapolis Junction, MD — 4,611 14,597 2,801 4,611 17,398 22,009 (8,280 ) 2000 10/21/1999 2730 Hercules Road (O) Annapolis Junction, MD — 8,737 31,612 8,697 8,737 40,309 49,046 (20,174 ) 1990 9/28/1998 30 Light Street (O) Baltimore, MD 4,078 — 12,101 867 — 12,968 12,968 (1,113 ) 2009 8/7/2015 300 Sentinel Drive (O) Annapolis Junction, MD — 1,517 59,165 1,201 1,517 60,366 61,883 (13,166 ) 2009 11/14/2003 302 Sentinel Drive (O) Annapolis Junction, MD — 2,648 29,687 777 2,648 30,464 33,112 (8,381 ) 2007 11/14/2003 304 Sentinel Drive (O) Annapolis Junction, MD — 3,411 24,917 1,814 3,411 26,731 30,142 (8,441 ) 2005 11/14/2003 306 Sentinel Drive (O) Annapolis Junction, MD — 3,260 22,592 1,239 3,260 23,831 27,091 (7,357 ) 2006 11/14/2003 308 Sentinel Drive (O) Annapolis Junction, MD — 1,422 26,208 2,330 1,422 28,538 29,960 (5,245 ) 2010 11/14/2003 310 Sentinel Way (O) Annapolis Junction, MD — 2,372 39,990 — 2,372 39,990 42,362 (2,956 ) 2016 11/14/2003 310 The Bridge Street (O) Huntsville, AL — 261 26,531 4,088 261 30,619 30,880 (8,677 ) 2009 8/9/2011 312 Sentinel Way (O) Annapolis Junction, MD — 3,138 27,797 — 3,138 27,797 30,935 (2,999 ) 2014 11/14/2003 314 Sentinel Way (O) Annapolis Junction, MD — 1,254 7,741 — 1,254 7,741 8,995 (781 ) 2008 11/14/2003 316 Sentinel Way (O) Annapolis Junction, MD — 2,748 38,156 145 2,748 38,301 41,049 (6,475 ) 2011 11/14/2003 318 Sentinel Way (O) Annapolis Junction, MD — 2,185 28,426 560 2,185 28,986 31,171 (9,182 ) 2005 11/14/2003 Initial Cost Gross Amounts Carried At Close of Period Property (Type) (1) Location Encumbrances (2) Land Building and Land Improvements Costs Capitalized Subsequent to Acquisition Land Building and Land Improvements Total (3)(4) Accumulated Depreciation (5) Year Built or Renovated Date Acquired (6) 320 Sentinel Way (O) Annapolis Junction, MD — 2,067 21,623 65 2,067 21,688 23,755 (5,935 ) 2007 11/14/2003 322 Sentinel Way (O) Annapolis Junction, MD — 2,605 22,827 1,900 2,605 24,727 27,332 (7,047 ) 2006 11/14/2003 324 Sentinel Way (O) Annapolis Junction, MD — 1,656 23,018 — 1,656 23,018 24,674 (4,805 ) 2010 6/29/2006 4000 Market Street (O) Huntsville, AL — — 6,820 — — 6,820 6,820 (7 ) 2018 (8) 3/23/2010 4100 Market Street (O) Huntsville, AL — — 4,612 — — 4,612 4,612 — (8) 3/23/2010 410 National Business Parkway (O) Annapolis Junction, MD — 1,831 23,257 119 1,831 23,376 25,207 (3,497 ) 2012 6/29/2006 420 National Business Parkway (O) Annapolis Junction, MD — 2,370 27,751 108 2,370 27,859 30,229 (3,340 ) 2013 6/29/2006 430 National Business Parkway (O) Annapolis Junction, MD — 1,852 21,563 127 1,852 21,690 23,542 (3,680 ) 2011 6/29/2006 44408 Pecan Court (O) California, MD — 817 1,464 1,691 817 3,155 3,972 (1,079 ) 1986 3/24/2004 44414 Pecan Court (O) California, MD — 405 1,619 1,065 405 2,684 3,089 (1,137 ) 1986 3/24/2004 44417 Pecan Court (O) California, MD — 434 3,794 208 434 4,002 4,436 (1,624 ) 1989/2015 3/24/2004 44420 Pecan Court (O) California, MD — 344 880 270 344 1,150 1,494 (423 ) 1989 11/9/2004 44425 Pecan Court (O) California, MD — 1,309 3,506 2,123 1,309 5,629 6,938 (2,750 ) 1997 5/5/2004 45310 Abell House Lane (O) California, MD — 2,272 13,808 471 2,272 14,279 16,551 (2,455 ) 2011 8/30/2010 46579 Expedition Drive (O) Lexington Park, MD — 1,406 5,796 1,831 1,406 7,627 9,033 (3,664 ) 2002 3/24/2004 46591 Expedition Drive (O) Lexington Park, MD — 1,200 7,199 1,977 1,200 9,176 10,376 (3,052 ) 2005 3/24/2004 4851 Stonecroft Boulevard (O) Chantilly, VA — 1,878 11,558 34 1,878 11,592 13,470 (4,116 ) 2004 8/14/2002 540 National Business Parkway (O) Annapolis Junction, MD — 2,035 29,608 — 2,035 29,608 31,643 (934 ) 2017 6/29/2006 5520 Research Park Drive (O) Catonsville, MD — — 20,072 1,327 — 21,399 21,399 (4,886 ) 2009 4/4/2006 5522 Research Park Drive (O) Catonsville, MD — — 4,550 210 — 4,760 4,760 (1,313 ) 2007 3/8/2006 5801 University Research Court (O) College Park, MD — — 15,936 — — 15,936 15,936 (240 ) 2018 (8) 11/9/2016 5825 University Research Court (O) College Park, MD 20,875 — 22,771 783 — 23,554 23,554 (5,680 ) 2008 1/29/2008 5850 University Research Court (O) College Park, MD 22,085 — 31,906 405 — 32,311 32,311 (7,165 ) 2008 1/29/2008 6700 Alexander Bell Drive (O) Columbia, MD — 1,755 7,019 7,509 1,755 14,528 16,283 (7,484 ) 1988 5/14/2001 6708 Alexander Bell Drive (O) Columbia, MD — 897 12,631 1,622 897 14,253 15,150 (4,111 ) 1988/2016 5/14/2001 6711 Columbia Gateway Drive (O) Columbia, MD — 2,683 23,239 1,550 2,683 24,789 27,472 (7,598 ) 2006-2007 9/28/2000 6716 Alexander Bell Drive (O) Columbia, MD — 1,242 4,969 4,285 1,242 9,254 10,496 (5,506 ) 1990 12/31/1998 6721 Columbia Gateway Drive (O) Columbia, MD — 1,753 34,090 122 1,753 34,212 35,965 (8,373 ) 2009 9/28/2000 6724 Alexander Bell Drive (O) Columbia, MD — 449 5,039 1,535 449 6,574 7,023 (2,946 ) 2001 5/14/2001 6731 Columbia Gateway Drive (O) Columbia, MD — 2,807 19,098 4,921 2,807 24,019 26,826 (11,156 ) 2002 3/29/2000 6740 Alexander Bell Drive (O) Columbia, MD — 1,424 5,696 3,441 1,424 9,137 10,561 (5,875 ) 1992 12/31/1998 6741 Columbia Gateway Drive (O) Columbia, MD — 675 1,711 154 675 1,865 2,540 (521 ) 2008 9/28/2000 6750 Alexander Bell Drive (O) Columbia, MD — 1,263 12,461 4,981 1,263 17,442 18,705 (9,484 ) 2001 12/31/1998 6760 Alexander Bell Drive (O) Columbia, MD — 890 3,561 3,830 890 7,391 8,281 (4,272 ) 1991 12/31/1998 6940 Columbia Gateway Drive (O) Columbia, MD — 3,545 9,916 7,330 3,545 17,246 20,791 (9,035 ) 1999 11/13/1998 6950 Columbia Gateway Drive (O) Columbia, MD — 3,596 15,738 3,220 3,596 18,958 22,554 (10,912 ) 1998 (8) 10/22/1998 7000 Columbia Gateway Drive (O) Columbia, MD — 3,131 12,103 6,479 3,131 18,582 21,713 (7,126 ) 1999 5/31/2002 7005 Columbia Gateway Drive (L) Columbia, MD — 3,036 747 — 3,036 747 3,783 — (7) 6/26/2014 7015 Albert Einstein Drive (O) Columbia, MD 412 2,058 6,093 3,319 2,058 9,412 11,470 (3,746 ) 1999 12/1/2005 Initial Cost Gross Amounts Carried At Close of Period Property (Type) (1) Location Encumbrances (2) Land Building and Land Improvements Costs Capitalized Subsequent to Acquisition Land Building and Land Improvements Total (3)(4) Accumulated Depreciation (5) Year Built or Renovated Date Acquired (6) 7061 Columbia Gateway Drive (O) Columbia, MD — 729 3,094 2,018 729 5,112 5,841 (2,747 ) 2000 8/30/2001 7063 Columbia Gateway Drive (O) Columbia, MD — 902 3,684 3,416 902 7,100 8,002 (3,553 ) 2000 8/30/2001 7065 Columbia Gateway Drive (O) Columbia, MD — 919 3,763 3,095 919 6,858 7,777 (4,070 ) 2000 8/30/2001 7067 Columbia Gateway Drive (O) Columbia, MD — 1,829 11,823 4,480 1,829 16,303 18,132 (7,496 ) 2001 8/30/2001 7125 Columbia Gateway Drive (O) Columbia, MD — 20,487 46,994 18,044 20,487 65,038 85,525 (23,141 ) 1973/1999 6/29/2006 7130 Columbia Gateway Drive (O) Columbia, MD — 1,350 4,359 2,559 1,350 6,918 8,268 (3,396 ) 1989 9/19/2005 7134 Columbia Gateway Drive (O) Columbia, MD — 704 4,700 353 704 5,053 5,757 (1,540 ) 1990/2016 9/19/2005 7138 Columbia Gateway Drive (O) Columbia, MD — 1,104 3,518 2,843 1,104 6,361 7,465 (3,658 ) 1990 9/19/2005 7142 Columbia Gateway Drive (O) Columbia, MD — 1,342 7,158 2,608 1,342 9,766 11,108 (3,137 ) 1994/2018 9/19/2005 7150 Columbia Gateway Drive (O) Columbia, MD — 1,032 3,429 813 1,032 4,242 5,274 (1,557 ) 1991 9/19/2005 7150 Riverwood Drive (O) Columbia, MD — 1,821 4,388 1,824 1,821 6,212 8,033 (2,570 ) 2000 1/10/2007 7160 Riverwood Drive (O) Columbia, MD — 2,732 7,006 2,490 2,732 9,496 12,228 (4,050 ) 2000 1/10/2007 7170 Riverwood Drive (O) Columbia, MD — 1,283 3,096 1,704 1,283 4,800 6,083 (2,026 ) 2000 1/10/2007 7175 Riverwood Drive (O) Columbia, MD — 1,788 7,269 — 1,788 7,269 9,057 (934 ) 1996/2013 7/27/2005 7200 Redstone Gateway (O) Huntsville, AL 6,121 — 8,348 5 — 8,353 8,353 (963 ) 2013 3/23/2010 7200 Riverwood Road (O) Columbia, MD — 4,089 22,630 4,538 4,089 27,168 31,257 (11,024 ) 1986 10/13/1998 7205 Riverwood Drive (O) Columbia, MD — 1,367 21,419 — 1,367 21,419 22,786 (2,916 ) 2013 7/27/2005 7272 Park Circle Drive (O) Hanover, MD — 1,479 6,300 4,578 1,479 10,878 12,357 (4,427 ) 1991/1996 1/10/2007 7318 Parkway Drive (O) Hanover, MD — 972 3,888 1,250 972 5,138 6,110 (2,566 ) 1984 4/16/1999 7400 Redstone Gateway (O) Huntsville, AL 6,713 — 9,223 — — 9,223 9,223 (813 ) 2015 3/23/2010 7467 Ridge Road (O) Hanover, MD — 1,565 3,116 4,428 1,565 7,544 9,109 (2,699 ) 1990 4/28/1999 7740 Milestone Parkway (O) Hanover, MD 17,786 3,825 34,176 567 3,825 34,743 38,568 (7,395 ) 2009 7/2/2007 7770 Backlick Road (O) Springfield, VA — 6,387 76,593 300 6,387 76,893 83,280 (11,016 ) 2012 3/10/2010 7880 Milestone Parkway (O) Hanover, MD — 4,857 25,925 200 4,857 26,125 30,982 (2,023 ) 2015 9/17/2013 8621 Robert Fulton Drive (O) Columbia, MD — 2,317 12,642 6,437 2,317 19,079 21,396 (4,777 ) 2005-2006 6/10/2005 8661 Robert Fulton Drive (O) Columbia, MD — 1,510 3,764 2,453 1,510 6,217 7,727 (2,926 ) 2002 12/30/2003 8671 Robert Fulton Drive (O) Columbia, MD — 1,718 4,280 4,233 1,718 8,513 10,231 (4,021 ) 2002 12/30/2003 870 Elkridge Landing Road (O) Linthicum, MD — 2,003 9,442 9,301 2,003 18,743 20,746 (9,936 ) 1981 8/3/2001 8800 Redstone Gateway (O) Huntsville, AL — — 992 — — 992 992 — (8) 3/23/2010 891 Elkridge Landing Road (O) Linthicum, MD — 1,165 4,772 3,450 1,165 8,222 9,387 (4,582 ) 1984 7/2/2001 901 Elkridge Landing Road (O) Linthicum, MD — 1,156 4,437 3,383 1,156 7,820 8,976 (3,955 ) 1984 7/2/2001 911 Elkridge Landing Road (O) Linthicum, MD — 1,215 4,861 2,901 1,215 7,762 8,977 (4,170 ) 1985 4/30/1998 938 Elkridge Landing Road (O) Linthicum, MD — 922 4,748 1,446 922 6,194 7,116 (2,828 ) 1984 7/2/2001 939 Elkridge Landing Road (O) Linthicum, MD — 939 3,756 4,438 939 8,194 9,133 (4,642 ) 1983 4/30/1998 9651 Hornbaker Road (D) Manassas, VA — 6,050 251,367 4,689 6,050 256,056 262,106 (50,191 ) 2010 9/14/2010 Arundel Preserve (L) Hanover, MD — 13,401 9,583 — 13,401 9,583 22,984 — (7) 7/2/2007 Bethlehem Tech. Park - DC 18 (O) Manassas, VA — 3,599 26,636 — 3,599 26,636 30,235 (964 ) 2017 6/17/2016 Bethlehem Tech. Park - DC 19 (O) Manassas, VA — 3,708 16,606 — 3,708 16,606 20,314 (865 ) 2016 6/9/2016 Bethlehem Tech. Park - DC 20 (O) Manassas, VA — 3,599 24,062 — 3,599 24,062 27,661 (965 ) 2017 6/9/2016 Initial Cost Gross Amounts Carried At Close of Period Property (Type) (1) Location Encumbrances (2) Land Building and Land Improvements Costs Capitalized Subsequent to Acquisition Land Building and Land Improvements Total (3)(4) Accumulated Depreciation (5) Year Built or Renovated Date Acquired (6) Bethlehem Tech. Park - DC 23 (O) Manassas, VA — — 4,883 — — 4,883 4,883 — (8) 6/9/2016 BLC 1 (O) Northern Virginia — 12,034 17,917 — 12,034 17,917 29,951 (245 ) 2018 12/28/2017 BLC 2 (O) Northern Virginia — 12,034 17,659 — 12,034 17,659 29,693 (210 ) 2018 12/28/2017 Canton Crossing Land (L) Baltimore, MD — 17,285 8,179 — 17,285 8,179 25,464 — (7) 10/27/2009 Canton Crossing Util Distr Ctr (O) Baltimore, MD — 6,100 10,450 1,192 6,100 11,642 17,742 (5,053 ) 2006 10/27/2009 Columbia Gateway - Southridge (L) Columbia, MD — 6,387 3,722 — 6,387 3,722 10,109 — (7) 9/20/2004 Dahlgren Technology Center (L) Dahlgren, VA — 978 178 — 978 178 1,156 — (7) 3/16/2005 Expedition VII (L) Lexington Park, MD — 705 730 — 705 730 1,435 — (7) 3/24/2004 IN 1 (O) Northern Virginia — 1,815 11,532 — 1,815 11,532 13,347 — (8) 8/31/2016 IN 2 (O) Northern Virginia — 2,627 4,655 — 2,627 4,655 7,282 — (8) 8/31/2016 M Square Research Park (L) College Park, MD — — 3,202 — — 3,202 3,202 — (7) 1/29/2008 MP 1 (O) Northern Virginia — 9,426 15,865 — 9,426 15,865 25,291 — (8) 11/20/2017 MP 2 (O) Northern Virginia — 9,426 25,191 — 9,426 25,191 34,617 — 2018 11/20/2017 MR Land (L) Northern Virginia — 9,038 55 — 9,038 55 9,093 — (7) 11/8/2018 National Business Park North (L) Annapolis Junction, MD — 28,060 47,371 — 28,060 47,371 75,431 — (7) 6/29/2006 North Gate Business Park (L) Aberdeen, MD — 1,755 — — 1,755 — 1,755 — (7) 9/14/2007 Northwest Crossroads (L) San Antonio, TX — 7,430 847 — 7,430 847 8,277 — (7) 1/20/2006 NOVA Office A (O) (9) Chantilly, VA — 2,096 46,840 — 2,096 46,840 48,936 (4,577 ) 2015 7/31/2002 NOVA Office B (O) (9) Chantilly, VA — 739 33,881 — 739 33,881 34,620 (1,817 ) 2016 7/31/2002 NOVA Office D (O) (9) Chantilly, VA — 6,587 40,525 — 6,587 40,525 47,112 (1,417 ) 2017 7/31/2002 Old Annapolis Road (O) Columbia, MD — 1,637 5,500 6,531 1,637 12,031 13,668 (3,898 ) 1974/1985 12/14/2000 Paragon Park - DC 21 (O) Sterling, VA — 7,828 19,999 — 7,828 19,999 27,827 (560 ) 2017 5/8/2017 Paragon Park - DC 22 (O) Sterling, VA — 7,828 18,755 — 7,828 18,755 26,583 (515 ) 2017 5/8/2017 Patriot Point - DC 15 (O) Ashburn, VA — 12,156 17,175 — 12,156 17,175 29,331 (1,180 ) 2016 10/15/2015 Patriot Point - DC 16 (O) Ashburn, VA — 12,156 17,043 — 12,156 17,043 29,199 (1,135 ) 2016 10/15/2015 Patriot Point - DC 17 (O) Ashburn, VA — 6,078 16,408 — 6,078 16,408 22,486 (930 ) 2016 10/15/2015 Patriot Ridge (L) Springfield, VA — 18,517 14,505 — 18,517 14,505 33,022 — (7) 3/10/2010 Project EX (O) (10) Confidential-USA — 8,958 5,744 — 8,958 5,744 14,702 — 2018 7/16/2008 Redstone Gateway (L) Huntsville, AL — — 21,807 — — 21,807 21,807 — (7) 3/23/2010 Route 15/Biggs Ford Road (L) Frederick, MD — 1,129 — — 1,129 — 1,129 — (7) 8/28/2008 Sentry Gateway (L) San Antonio, TX — 4,052 1,833 — 4,052 1,833 5,885 — (7) 3/30/2005 Sentry Gateway - T (O) San Antonio, TX — 14,020 38,804 13 14,020 38,817 52,837 (11,532 ) 1982/2008 3/30/2005 Sentry Gateway - V (O) San Antonio, TX — — 1,066 — — 1,066 1,066 (268 ) 2007 3/30/2005 Sentry Gateway - W (O) San Antonio, TX — — 1,884 71 — 1,955 1,955 (444 ) 2009 3/30/2005 Sentry Gateway - X (O) San Antonio, TX — 1,964 21,178 — 1,964 21,178 23,142 (4,316 ) 2010 1/20/2006 Sentry Gateway - Y (O) San Antonio, TX — 1,964 21,298 — 1,964 21,298 23,262 (4,342 ) 2010 1/20/2006 Sentry Gateway - Z (O) San Antonio, TX — 1,964 30,573 — 1,964 30,573 32,537 (2,908 ) 2015 6/14/2005 Westfields - Park Center (L) Chantilly, VA — 16,418 12,097 — 16,418 12,097 28,515 — (7) 7/18/2002 Westfields Corporate Center (L) Chantilly, VA — 7,141 1,576 — 7,141 1,576 8,717 — (7) 7/31/2002 Initial Cost Gross Amounts Carried At Close of Period Property (Type) (1) Location Encumbrances (2) Land Building and Land Improvements Costs Capitalized Subsequent to Acquisition Land Building and Land Improvements Total (3)(4) Accumulated Depreciation (5) Year Built or Renovated Date Acquired (6) Other Developments, including intercompany eliminations (V) Various — 8 121 373 8 494 502 (77 ) Various Various $ 174,043 $ 711,034 $ 3,002,155 $ 435,340 $ 711,034 $ 3,437,495 $ 4,148,529 $ (897,903 ) (1) A legend for the Property Type follows: (O) = Office or Data Center Shell Property; (L) = Land held or pre-construction; (D) = Wholesale Data Center; and (V) = Various. (2) Excludes our Revolving Credit Facility of $213.0 million , term loan facilities of $248.3 million , unsecured senior notes of $1.2 billion , unsecured notes payable of $1.2 million , and deferred financing costs, net of premiums, on the remaining loans of $3.6 million . (3) The aggregate cost of these assets for Federal income tax purposes was approximately $3.5 billion as of December 31, 2018 . (4) As discussed in Note 5 to our Consolidated Financial Statements, we recognized an impairment loss of $2.4 million in connection with an operating property still owned as of December 31, 2018 . (5) The estimated lives over which depreciation is recognized follow: Building and land improvements: 10 - 40 years; and tenant improvements: related lease terms. (6) The acquisition date of multi-parcel properties reflects the date of the earliest parcel acquisition. (7) Held as of December 31, 2018 . (8) Under construction or redevelopment as of December 31, 2018 . (9) The carrying amounts of these properties exclude allocated costs of the garage being constructed to support the properties. (10) This property represents land under a long-term contract. The following table summarizes our changes in cost of properties for the years ended December 31, 2018, 2017 and 2016 (in thousands): 2018 2017 2016 Beginning balance $ 3,980,813 $ 3,874,715 $ 4,158,616 Improvements and other additions 224,524 259,548 251,960 Sales (53,547 ) (138,216 ) (268,038 ) Impairments (2,493 ) (15,116 ) (143,502 ) Other dispositions (768 ) (118 ) (124,321 ) Ending balance $ 4,148,529 $ 3,980,813 $ 3,874,715 The following table summarizes our changes in accumulated depreciation for the same time periods (in thousands): 2018 2017 2016 Beginning balance $ 801,038 $ 715,951 $ 718,680 Depreciation expense 112,610 107,772 105,763 Sales (14,845 ) (22,567 ) (56,607 ) Impairments (132 ) — (42,161 ) Other dispositions (768 ) (118 ) (9,724 ) Ending balance $ 897,903 $ 801,038 $ 715,951 |