Maryland (State or other jurisdiction of incorporation or organization) | 56-1431377 (I.R.S. Employer Identification No.) |
Title of each class: Common Stock, $0.01 par value 5.700% Series E Preferred Stock, $0.01 par value 5.200% Series F Preferred Stock, $0.01 par value | Name of exchange on which registered: New York Stock Exchange New York Stock Exchange New York Stock Exchange |
Large accelerated filer x | Accelerated filer ¨ | Non-accelerated filer ¨ | Smaller reporting company ¨ | |||
Emerging growth company ¨ |
PAGE REFERENCE | ||
Part I | ||
Item 1. | ||
Item 1A. | ||
Item 1B. | ||
Item 2. | ||
Item 3. | ||
Item 4. | ||
Part II | ||
Item 5. | ||
Item 6. | ||
Item 7. | ||
Item 7A. | ||
Item 8. | ||
Item 9. | ||
Item 9A. | ||
Item 9B. | ||
Part III | ||
Item 10. | ||
Item 11. | ||
Item 12. | ||
Item 13. | ||
Item 14. | ||
Part IV | ||
Item 15. | ||
Item 16. | ||
Item 1. | Business |
• | the location, visibility and accessibility of the property, |
• | the geographic area and demographic characteristics of the community, |
• | the local real estate market conditions, including potential for growth, redevelopment, market rents, and existing or potential competing properties or retailers, |
• | the size, age and title status of the property, |
• | the quality of construction and design and the current physical condition of the property, |
• | the potential for, and current extent of, any environmental problems, |
• | the purchase price, |
• | the non-financial terms of the proposed acquisition, |
• | the availability of funds or other consideration for the proposed acquisition and the cost thereof, |
• | the compatibility of the property with NNN’s existing Property Portfolio, |
• | the property-level operating history, |
• | the financial and other characteristics of the existing tenant, |
• | the tenant’s business plan, operating history and management team, |
• | the tenant’s industry, |
• | the terms of any lease, |
• | the rent to be paid by the tenant, |
• | any existing indebtedness encumbering the property which may be assumed in connection with acquiring or refinancing these investments, and |
• | the merits relative to other opportunities. |
Size(1) | Total Dollars Invested(2) | |||||||||||||||||||
High | Low | Average | High | Low | Average | |||||||||||||||
Land | 3,733 | 2 | 99 | $ | 8,882 | $ | 5 | $ | 817 | |||||||||||
Building | 142 | 1 | 10 | 45,286 | 19 | 1,889 |
(1) | Approximate square feet. |
(2) | Costs vary depending upon size, improvements, local market conditions and other factors. |
Total commitment(1) | $ | 34,756 | ||
Less amount funded | 13,588 | |||
Remaining commitment | $ | 21,168 |
(1) | Includes land, construction costs, tenant improvements, lease costs, and capitalized interest. |
% of Annual Base Rent(1) | # of Properties | Gross Leasable Area(2) | % of Annual Base Rent(1) | # of Properties | Gross Leasable Area(2) | ||||||||||
2019 | 1.7% | 51 | 648,000 | 2025 | 4.4% | 129 | 1,130,000 | ||||||||
2020 | 3.0% | 116 | 1,498,000 | 2026 | 5.0% | 179 | 1,697,000 | ||||||||
2021 | 3.8% | 121 | 1,317,000 | 2027 | 7.6% | 193 | 2,600,000 | ||||||||
2022 | 5.9% | 124 | 1,636,000 | 2028 | 5.0% | 162 | 1,188,000 | ||||||||
2023 | 2.9% | 113 | 1,420,000 | Thereafter | 57.7% | 1,651 | 15,021,000 | ||||||||
2024 | 3.0% | 75 | 1,284,000 |
(1) | Based on annualized base rent for all leases in place as of December 31, 2018. |
(2) | Approximate square feet. |
% of Annual Base Rent(1) | ||||||||
Top 10 Lines of Trade | 2018 | 2017 | 2016 | |||||
1. | Convenience stores | 18.0% | 18.1% | 16.9% | ||||
2. | Restaurants - full service | 11.4% | 12.1% | 11.8% | ||||
3. | Restaurants - limited service | 8.9% | 7.6% | 7.5% | ||||
4. | Automotive service | 8.6% | 6.9% | 6.6% | ||||
5. | Family entertainment centers | 7.1% | 6.4% | 5.8% | ||||
6. | Health and fitness | 5.6% | 5.6% | 5.7% | ||||
7. | Theaters | 5.0% | 4.8% | 4.9% | ||||
8. | Automotive parts | 3.4% | 3.6% | 3.9% | ||||
9. | Recreational vehicle dealers, parts and accessories | 3.4% | 3.4% | 3.4% | ||||
10. | Wholesale clubs | 2.3% | 2.2% | 2.4% | ||||
Other | 26.3% | 29.3% | 31.1% | |||||
100.0% | 100.0% | 100.0% |
(1) | Based on annualized base rent for all leases in place as of December 31 of the respective year. |
State | # of Properties | % of Annual Base Rent(1) | ||||
1. | Texas | 472 | 17.3% | |||
2. | Florida | 219 | 8.7% | |||
3. | Ohio | 195 | 5.7% | |||
4. | Illinois | 141 | 5.2% | |||
5. | North Carolina | 148 | 4.6% | |||
6. | Georgia | 143 | 4.5% | |||
7. | Tennessee | 138 | 3.9% | |||
8. | Indiana | 125 | 3.9% | |||
9. | Virginia | 114 | 3.7% | |||
10. | Alabama | 132 | 3.1% | |||
Other | 1,142 | 39.4% | ||||
2,969 | 100.0% | |||||
(1) Based on annualized base rent for all leases in place as of December 31, 2018. |
Item 1A. | Risk Factors |
• | the financial condition of NNN’s tenants may be adversely affected, which may result in tenant defaults under the leases due to bankruptcy, lack of liquidity, operational failures or for other reasons, |
• | the ability to borrow on terms and conditions that NNN finds acceptable may be limited or unavailable, which could reduce NNN’s ability to pursue acquisition and development opportunities and refinance existing debt, reduce NNN’s returns from acquisition and development activities, reduce NNN’s ability to make cash distributions to its stockholders and increase NNN’s future interest expense, |
• | the recognition of impairment charges on or reduced values of the Properties, may adversely affect NNN's results of operations, |
• | reduced values of the Properties may limit NNN's ability to dispose of assets at attractive prices and reduce the availability of buyer financing, and |
• | the value and liquidity of NNN’s short-term investments and cash deposits could be reduced as a result of (i) a deterioration of the financial condition of the institutions that hold NNN’s cash deposits or the institutions or assets in which NNN has made short-term investments, (ii) the dislocation of the markets for NNN’s short-term investments, (iii) increased volatility in market rates for such investments or (iv) other factors. |
• | 54.0% of the Property Portfolio annual base rent is generated from tenants in five retail lines of trade, including convenience stores (18.0%) and full-service and limited-service restaurants (20.3%), |
• | 21.7% of the Property Portfolio annual base rent is generated from five tenants, 7-Eleven (5.4%), Mister Car Wash (4.4%), Camping World (4.3%), LA Fitness (4.0%) and Flynn Restaurant Group (Taco Bell/Arby's) (3.6%), and |
• | 41.5% of the Property Portfolio annual base rent is generated from properties located in five states, including Texas (17.3%) and Florida (8.7%). |
• | changes in national, regional and local economic conditions and outlook, |
• | decreases in consumer spending and retail sales or adverse changes in consumer preferences for particular goods, services or store based retailing, |
• | economic downturns in the areas where the Properties are located, |
• | adverse changes in local real estate market conditions, such as an oversupply of space, reduction in demand for space, loss of a large employer, intense competition for tenants, or a demographic change, |
• | changes in tenant or consumer preferences that reduce the attractiveness of the Properties to tenants, |
• | changes in zoning, regulatory restrictions, or tax laws, and |
• | changes in interest rates or availability of financing. |
• | require NNN to dedicate a substantial portion of its cash flow from operations to payments on its debt, thereby reducing funds available for operations, real estate investments and other business opportunities that may arise in the future, |
• | increase NNN’s vulnerability to general adverse economic and industry conditions, |
• | limit NNN’s ability to obtain any additional financing it may need in the future for working capital, debt refinancing, capital expenditures, real estate investments, development or other general corporate purposes, |
• | make it difficult to satisfy NNN’s debt service requirements, |
• | limit NNN’s ability to pay dividends in cash on its outstanding common and preferred stock, |
• | limit NNN’s flexibility in planning for, or reacting to, changes in its business and the factors that affect the profitability of its business, and |
• | limit NNN’s flexibility in conducting its business, which may place NNN at a disadvantage compared to competitors with less debt or debt with less restrictive terms. |
• | incur or guarantee additional debt, |
• | make certain distributions, investments and other restricted payments, |
• | enter into transactions with certain affiliates, |
• | create certain liens, |
• | consolidate, merge or sell NNN’s assets, and |
• | pre-pay debt. |
• | requiring the maintenance of the property securing the debt, |
• | restricting its ability to sell, assign or further encumber the properties securing the debt, |
• | restricting its ability to incur additional debt on the property securing the debt, |
• | restricting modifications to property improvements, |
• | restricting its ability to amend or modify existing leases on the property securing the debt, and |
• | establishing certain prepayment restrictions. |
• | limit certain leverage ratios, |
• | maintain certain minimum interest and debt service coverage ratios, and |
• | limit investments in certain types of assets. |
• | general economic and financial market conditions, |
• | level and trend of interest rates, |
• | changes in government taxation or regulatory authorities, |
• | NNN’s ability to access the capital markets to raise additional capital, |
• | the issuance of additional equity or debt securities, |
• | changes in NNN’s funds from operations or earnings estimates, |
• | changes in NNN’s debt ratings or analyst ratings, |
• | NNN’s financial condition and performance, |
• | market perception of NNN compared to other REITs, and |
• | market perception of REITs compared to other investment sectors. |
• | a third party, |
• | natural disaster, |
• | a failure of hardware or software due to a design or programmatic flaw, |
• | a failure of hardware or software security controls, |
• | telecommunications system failure, |
• | service provider error or failure, |
• | intentional or unintentional personnel actions, or |
• | lost connectivity to NNN’s networked resources. |
• | lose of revenues or tenant relations, |
• | unintended and/or unauthorized public disclosure or the misappropriation of proprietary, personal identifying and confidential information, and |
• | NNN to incur significant expenses to address and remediate or otherwise resolve these kinds of issues. |
Item 1B. | Unresolved Staff Comments |
Item 2. | Properties |
Item 3. | Legal Proceedings |
Item 4. | Mine Safety Disclosures |
Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities |
2018 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Year | |||||||||||||||
High | $ | 43.32 | $ | 44.13 | $ | 46.44 | $ | 51.48 | $ | 51.48 | ||||||||||
Low | 36.25 | 36.95 | 43.04 | 42.97 | 36.25 | |||||||||||||||
Close | 39.26 | 43.96 | 44.82 | 48.51 | 48.51 | |||||||||||||||
Dividends paid per share | 0.475 | 0.475 | 0.500 | 0.500 | 1.950 | |||||||||||||||
2017 | ||||||||||||||||||||
High | $ | 46.34 | $ | 45.63 | $ | 43.41 | $ | 43.90 | $ | 46.34 | ||||||||||
Low | 41.91 | 36.45 | 37.45 | 38.97 | 36.45 | |||||||||||||||
Close | 43.62 | 39.10 | 41.66 | 43.13 | 43.13 | |||||||||||||||
Dividends paid per share | 0.455 | 0.455 | 0.475 | 0.475 | 1.860 |
2018 | 2017 | ||||||||||||
Ordinary dividends | $ | 1.658604 | 85.0566 | % | (1) | $ | 1.559781 | 83.8592 | % | ||||
Capital gain | 0.015534 | 0.7966 | % | 0.035041 | 1.8839 | % | |||||||
Unrecaptured Section 1250 Gain | 0.042818 | 2.1958 | % | 0.012194 | 0.6556 | % | |||||||
Nontaxable distributions | 0.233044 | 11.9510 | % | 0.252984 | 13.6013 | % | |||||||
$ | 1.950000 | 100.0000 | % | $ | 1.860000 | 100.0000 | % |
(1) | Eligible for the 20% qualified business income deduction under section 199A of the Code that was established by the Tax Cuts and Jobs Act signed into law on December 22, 2017, ("TCJA"). |
Item 6. | Selected Financial Data |
2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||||||
Gross revenues(1) | $ | 624,471 | $ | 585,255 | $ | 533,817 | $ | 483,025 | $ | 435,278 | |||||||||
Earnings from continuing operations (2) | 292,485 | 265,371 | 239,506 | 197,961 | 191,046 | ||||||||||||||
Net earnings | 292,485 | 265,371 | 239,506 | 197,961 | 191,170 | ||||||||||||||
Net earnings attributable to NNN | 292,447 | 264,973 | 239,500 | 197,836 | 190,601 | ||||||||||||||
Total assets | 7,103,438 | 6,560,534 | 6,334,151 | 5,460,044 | 4,915,551 | ||||||||||||||
Total debt | 2,851,395 | 2,580,207 | 2,311,689 | 1,975,944 | 1,729,891 | ||||||||||||||
Total stockholders’ equity of NNN | 4,154,250 | 3,840,593 | 3,916,799 | 3,342,134 | 3,082,515 | ||||||||||||||
Cash dividends declared to: | |||||||||||||||||||
Common stockholders | 303,164 | 277,120 | 257,007 | 228,699 | 204,157 | ||||||||||||||
Series D preferred stockholders | — | 3,598 | 19,047 | 19,047 | 19,047 | ||||||||||||||
Series E preferred stockholders | 16,387 | 16,387 | 16,387 | 16,387 | 16,387 | ||||||||||||||
Series F preferred stockholders | 17,940 | 17,940 | 3,189 | — | — | ||||||||||||||
Weighted average common shares: | |||||||||||||||||||
Basic | 155,744,601 | 149,111,188 | 144,176,224 | 133,998,674 | 124,257,558 | ||||||||||||||
Diluted | 156,295,619 | 149,432,641 | 144,660,633 | 134,489,416 | 124,710,226 | ||||||||||||||
Earnings from continuing operations per share and net earnings per share: | |||||||||||||||||||
Basic | 1.65 | 1.45 | 1.39 | 1.21 | 1.24 | ||||||||||||||
Diluted | 1.65 | 1.45 | 1.38 | 1.20 | 1.24 | ||||||||||||||
Cash dividends declared per share to: | |||||||||||||||||||
Common stockholders | 1.95 | 1.86 | 1.78 | 1.71 | 1.65 | ||||||||||||||
Series D preferred depositary stockholders | — | 0.312847 | 1.656250 | 1.656250 | 1.656250 | ||||||||||||||
Series E preferred depositary stockholders | 1.425000 | 1.425000 | 1.425000 | 1.425000 | 1.425000 | ||||||||||||||
Series F preferred depositary stockholders | 1.300000 | 1.300000 | 0.231111 | — | — | ||||||||||||||
Other data: | |||||||||||||||||||
Cash flows provided by (used in): | |||||||||||||||||||
Operating activities | $ | 471,909 | $ | 421,557 | $ | 415,337 | $ | 341,095 | $ | 296,733 | |||||||||
Investing activities | (609,371 | ) | (625,557 | ) | (779,943 | ) | (644,544 | ) | (541,558 | ) | |||||||||
Financing activities | 250,365 | (89,176 | ) | 644,886 | 307,105 | 253,944 | |||||||||||||
Funds from operations – available to common stockholders(3) | 395,337 | 359,179 | 330,544 | 289,193 | 260,902 |
(1) | Gross revenues include the aggregate of total revenue and interest and other income found on the Consolidated Statements of Income and Comprehensive Income. |
(2) | Certain amounts previously reported in the consolidated financial statements have been reclassified in the accompanying consolidated financial statements to conform to the current period’s presentation, primarily to change the presentation of gain on disposition of real estate on the Consolidated Statements of Income and Comprehensive Income. NNN has included gain on disposition of real estate as a component of earnings from operations to present gain and losses on dispositions of properties in accordance with ASC 360-10-45-5. The change was made for the prior periods as the Securities and Exchange Commission (the "Commission") has eliminated Rule 3-15(a) of Regulation S-X as part of Release No. 33-10532; 34-83875; IC-33203, which had required REITs to present gain and losses on disposition of properties outside of continuing operations in the income statement. |
(3) | The National Association of Real Estate Investment Trusts (“NAREIT”) developed Funds from Operations (“FFO”) as a relative non-U.S. generally accepted accounting principles (“GAAP”) financial measure of performance of a REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP. FFO is defined by NAREIT and is used by NNN as follows: net earnings (computed in accordance with GAAP) plus depreciation and amortization of real estate assets, |
2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||||||
Net earnings available to common stockholders | $ | 258,120 | $ | 217,193 | $ | 200,877 | $ | 162,402 | $ | 155,167 | |||||||||
Real estate depreciation and amortization: | |||||||||||||||||||
Continuing operations | 174,076 | 173,404 | 148,779 | 134,380 | 115,888 | ||||||||||||||
Discontinued operations | — | — | — | — | 3 | ||||||||||||||
Gain on disposition of real estate, net of income tax expense and noncontrolling interests | (65,070 | ) | (36,258 | ) | (27,137 | ) | (10,397 | ) | (10,904 | ) | |||||||||
Impairment losses – depreciable real estate, net of recoveries and income tax expense | 28,211 | 4,840 | 8,025 | 2,808 | 748 | ||||||||||||||
FFO available to common stockholders | $ | 395,337 | $ | 359,179 | $ | 330,544 | $ | 289,193 | $ | 260,902 |
Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
2018 | 2017 | 2016 | ||||||
Properties Owned: | ||||||||
Number | 2,969 | 2,764 | 2,535 | |||||
Total gross leasable area (square feet) | 30,487,000 | 29,093,000 | 27,204,000 | |||||
Properties: | ||||||||
Leased and unimproved land | 2,917 | 2,740 | 2,508 | |||||
Percent of Properties – leased and unimproved land | 98 | % | 99 | % | 99 | % | ||
Weighted average remaining lease term (years) | 11.5 | 11.5 | 11.6 | |||||
Total gross leasable area (square feet) – leased | 29,439,000 | 28,703,000 | 26,700,000 |
% of Annual Base Rent(1) | # of Properties | Gross Leasable Area(2) | % of Annual Base Rent(1) | # of Properties | Gross Leasable Area(2) | |||||||||||
2019 | 1.7% | 51 | 648,000 | 2025 | 4.4% | 129 | 1,130,000 | |||||||||
2020 | 3.0% | 116 | 1,498,000 | 2026 | 5.0% | 179 | 1,697,000 | |||||||||
2021 | 3.8% | 121 | 1,317,000 | 2027 | 7.6% | 193 | 2,600,000 | |||||||||
2022 | 5.9% | 124 | 1,636,000 | 2028 | 5.0% | 162 | 1,188,000 | |||||||||
2023 | 2.9% | 113 | 1,420,000 | Thereafter | 57.7% | 1,651 | 15,021,000 | |||||||||
2024 | 3.0% | 75 | 1,284,000 |
(1) | Based on the annualized base rent for all leases in place as of December 31, 2018. |
(2) | Approximate square feet. |
% of Annual Base Rent(1) | ||||||||
Top 10 Lines of Trade | 2018 | 2017 | 2016 | |||||
1. | Convenience stores | 18.0% | 18.1% | 16.9% | ||||
2. | Restaurants - full service | 11.4% | 12.1% | 11.8% | ||||
3. | Restaurants - limited service | 8.9% | 7.6% | 7.5% | ||||
4. | Automotive service | 8.6% | 6.9% | 6.6% | ||||
5. | Family entertainment centers | 7.1% | 6.4% | 5.8% | ||||
6. | Health and fitness | 5.6% | 5.6% | 5.7% | ||||
7. | Theaters | 5.0% | 4.8% | 4.9% | ||||
8. | Automotive parts | 3.4% | 3.6% | 3.9% | ||||
9. | Recreational vehicle dealers, parts and accessories | 3.4% | 3.4% | 3.4% | ||||
10. | Wholesale clubs | 2.3% | 2.2% | 2.4% | ||||
Other | 26.3% | 29.3% | 31.1% | |||||
100.0% | 100.0% | 100.0% |
(1) | Based on annualized base rent for all leases in place as of December 31 of the respective year. |
State | # of Properties | % of Annual Base Rent(1) | ||||
1. | Texas | 472 | 17.3% | |||
2. | Florida | 219 | 8.7% | |||
3. | Ohio | 195 | 5.7% | |||
4. | Illinois | 141 | 5.2% | |||
5. | North Carolina | 148 | 4.6% | |||
6. | Georgia | 143 | 4.5% | |||
7. | Tennessee | 138 | 3.9% | |||
8. | Indiana | 125 | 3.9% | |||
9. | Virginia | 114 | 3.7% | |||
10. | Alabama | 132 | 3.1% | |||
Other | 1,142 | 39.4% | ||||
2,969 | 100.0% |
(1) | Based on annualized base rent for all leases in place as of December 31, 2018. |
2018 | 2017 | 2016 | |||||||||
Acquisitions: | |||||||||||
Number of Properties | 265 | 276 | 313 | ||||||||
Gross leasable area (square feet) | 2,167,000 | 2,243,000 | 2,734,000 | ||||||||
Initial cash yield | 6.8 | % | 6.9 | % | 6.9 | % | |||||
Total dollars invested(1) | $ | 715,572 | $ | 754,892 | $ | 846,906 |
(1) | Includes dollars invested in projects under construction or tenant improvements for each respective year. |
2018 | 2017 | 2016 | |||||||||
Number of properties | 61 | 48 | 38 | ||||||||
Gross leasable area (square feet) | 686,000 | 346,000 | 490,000 | ||||||||
Net sales proceeds | $ | 147,646 | $ | 96,757 | $ | 103,215 | |||||
Gain on disposition of real estate | $ | 65,070 | $ | 36,655 | $ | 27,182 | |||||
Cap rate | 5.1 | % | 6.0 | % | 6.8 | % |
2018 | 2017 | 2016 | Percent of Total | 2018 Versus 2017 Percent | 2017 Versus 2016 Percent | |||||||||||||||||||||||
2018 | 2017 | 2016 | ||||||||||||||||||||||||||
Rental Income(1) | $ | 604,615 | $ | 568,083 | $ | 515,954 | 97.1 | % | 97.1 | % | 96.7 | % | 6.4 | % | 10.1 | % | ||||||||||||
Real estate expense reimbursement from tenants | 16,784 | 15,512 | 14,984 | 2.7 | % | 2.7 | % | 2.8 | % | 8.2 | % | 3.5 | % | |||||||||||||||
Interest and other income from real estate transactions | 1,262 | 1,338 | 2,709 | 0.2 | % | 0.2 | % | 0.5 | % | (5.7 | )% | (50.6 | )% | |||||||||||||||
Total revenues | $ | 622,661 | $ | 584,933 | $ | 533,647 | 100.0 | % | 100.0 | % | 100.0 | % | 6.4 | % | 9.6 | % |
(1) | Includes rental income from operating leases, earned income from direct financing leases and percentage rent ("Rental Income"). |
2018 | 2017 | 2016 | |||||||||
General and administrative | $ | 34,248 | $ | 33,805 | $ | 36,508 | |||||
Real estate | 25,099 | 23,105 | 20,852 | ||||||||
Depreciation and amortization | 174,398 | 173,720 | 149,101 | ||||||||
Impairment – commercial mortgage residual interests valuation | — | — | 6,830 | ||||||||
Impairment losses – real estate and other charges, net of recoveries | 28,211 | 8,955 | 11,287 | ||||||||
Retirement severance costs | 1,013 | 7,845 | — | ||||||||
Total operating expenses | $ | 262,969 | $ | 247,430 | $ | 224,578 | |||||
Interest and other income | $ | (1,810 | ) | $ | (322 | ) | $ | (170 | ) | ||
Interest expense | 115,847 | 109,109 | 96,352 | ||||||||
Real estate acquisition costs | — | — | 563 | ||||||||
Loss on early extinguishment of debt | 18,240 | — | — | ||||||||
Total other expenses (revenues) | $ | 132,277 | $ | 108,787 | $ | 96,745 |
Percentage of Total Expenses | Percentage of Revenues | 2018 Versus 2017 Percent | 2017 Versus 2016 Percent | |||||||||||||||||||||
2018 | 2017 | 2016 | 2018 | 2017 | 2016 | |||||||||||||||||||
General and administrative | 13.0 | % | 13.7 | % | 16.3 | % | 5.5 | % | 5.8 | % | 6.9 | % | 1.3 | % | (7.4 | )% | ||||||||
Real estate | 9.6 | % | 9.3 | % | 9.3 | % | 4.0 | % | 4.0 | % | 3.9 | % | 8.6 | % | 10.8 | % | ||||||||
Depreciation and amortization | 66.3 | % | 70.2 | % | 66.4 | % | 28.0 | % | 29.7 | % | 27.9 | % | 0.4 | % | 16.5 | % | ||||||||
Impairment – commercial mortgage residual interests valuation | — | — | 3.0 | % | — | — | 1.3 | % | — | (100.0 | )% | |||||||||||||
Impairment losses – real estate and other charges, net of recoveries | 10.7 | % | 3.6 | % | 5.0 | % | 4.5 | % | 1.5 | % | 2.1 | % | 215.0 | % | (20.7 | )% | ||||||||
Retirement severance costs | 0.4 | % | 3.2 | % | — | 0.2 | % | 1.3 | % | — | (87.1 | )% | N/C (1) | |||||||||||
Total operating expenses | 100.0 | % | 100.0 | % | 100.0 | % | 42.2 | % | 42.3 | % | 42.1 | % | 6.3 | % | 10.2 | % | ||||||||
Interest and other income | (1.4 | )% | (0.3 | )% | (0.2 | )% | (0.3 | )% | (0.1 | )% | — | 462.1 | % | 89.4 | % | |||||||||
Interest expense | 87.6 | % | 100.3 | % | 99.6 | % | 18.6 | % | 18.7 | % | 18.1 | % | 6.2 | % | 13.2 | % | ||||||||
Real estate acquisition costs | — | — | 0.6 | % | — | — | 0.1 | % | — | (100.0 | )% | |||||||||||||
Loss on early extinguishment of debt | 13.8 | % | — | — | 2.9 | % | — | — | N/C (1) | — | ||||||||||||||
Total other expenses (revenues) | 100.0 | % | 100.0 | % | 100.0 | % | 21.2 | % | 18.6 | % | 18.2 | % | 21.6 | % | 12.4 | % |
(i) | the issuance in September 2017 of $400,000,000 principal amount of notes payable with a maturity of October 2027, and stated interest rate of 3.500%, |
(ii) | the repayment in October 2017 of $250,000,000 principal amount of notes payable with a stated interest rate of 6.875%, |
(iii) | the issuance in September 2018 of $400,000,000 principal amount of notes payable with a maturity of October 2028, and stated interest rate of 4.300%, |
(iv) | the issuance in September 2018 of $300,000,000 principal amount of notes payable with a maturity of October 2048, and stated interest rate of 4.800%, |
(v) | the redemption in October 2018 of $300,000,000 principal amount of notes payable with a maturity of July 2021, and stated interest rate of 5.500%, and |
(vi) | the increase of $23,341,000 in the weighted average outstanding balance on the Credit Facility and a higher weighted average interest rate for the year ended December 31, 2018, as compared to the same period in 2017. |
(i) | the repayment in January 2016 of $5,876,000 principal amount of mortgages payable with an interest rate of 5.750%, |
(ii) | the repayment in March 2016 of $722,000 principal amount of mortgages payable with an interest rate of 6.900%, |
(iii) | the repayment in October 2016 of $2,709,000 principal amount of mortgages payable with an interest rate of 6.400%, |
(iv) | the issuance in December 2016 of $350,000,000 principal amount of notes payable with a maturity of December 2026, and stated interest rate of 3.600%, |
(v) | the issuance in September 2017 of $400,000,000 principal amount of notes payable with a maturity of October 2027, and stated interest rate of 3.500%, |
(vi) | the repayment in October 2017 of $250,000,000 principal amount of notes payable with a stated interest rate of 6.875%, and |
(vii) | the increase of $28,138,000 in the weighted average outstanding balance on the Credit Facility and a higher weighted average interest rate for the year ended December 31, 2017, as compared to the same period in 2016. |
2018 | 2017 | 2016 | |||||||||
Cash and cash equivalents: | |||||||||||
Provided by operating activities | $ | 471,909 | $ | 421,557 | $ | 415,337 | |||||
Used in investing activities | (609,371 | ) | (625,557 | ) | (779,943 | ) | |||||
Provided by (used in) financing activities | 250,365 | (89,176 | ) | 644,886 | |||||||
Increase (decrease) | 112,903 | (293,176 | ) | 280,280 | |||||||
Net cash at beginning of year | 1,364 | 294,540 | 14,260 | ||||||||
Net cash at end of year | $ | 114,267 | $ | 1,364 | $ | 294,540 |
• | $393,502,000 in net proceeds from the issuance in September of the 4.300% notes payable due in October 2028, |
• | $292,386,000 in net proceeds from the issuance in September of the 4.800% notes payable due in October 2048, |
• | $300,000,000 in redemption of the 5.500% notes payable in October, |
• | $18,240,000 payment of the make-whole amount from the early redemption of the 5.500% notes payable in October, |
• | $13,264,000 in net proceeds from the issuance of 311,048 shares of common stock in connection with the Dividend Reinvestment and Stock Purchase Plan (“DRIP”), |
• | $328,196,000 in net proceeds from the issuance of 7,378,163 shares of common stock in connection with the at-the-market ("ATM") equity program, |
• | $16,387,000 in dividends paid to holders of the depositary shares of NNN’s 5.700% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock"), |
• | $17,940,000 in dividends paid to holders of the depositary shares of NNN’s 5.200% Series F Cumulative Redeemable Preferred Stock (the "Series F Preferred Stock"), and |
• | $303,164,000 in dividends paid to common stockholders. |
Expected Maturity Date (dollars in thousands) | |||||||||||||||||||||||||||
Total | 2019 | 2020 | 2021 | 2022 | 2023 | Thereafter | |||||||||||||||||||||
Long-term debt(1) | $ | 2,887,404 | $ | 567 | $ | 596 | $ | 630 | $ | 325,664 | $ | 359,947 | $ | 2,200,000 | |||||||||||||
Long-term debt – interest(2) | 1,104,365 | 112,394 | 112,365 | 112,331 | 109,724 | 91,520 | 566,031 | ||||||||||||||||||||
Operating lease | 4,991 | 758 | 773 | 788 | 804 | 821 | 1,047 | ||||||||||||||||||||
Total contractual cash obligations | $ | 3,996,760 | $ | 113,719 | $ | 113,734 | $ | 113,749 | $ | 436,192 | $ | 452,288 | $ | 2,767,078 |
(1) | Includes only principal amounts outstanding under mortgages payable and notes payable and excludes unamortized mortgage |
(2) | Interest calculation based on stated rate of the principal amount. |
Total commitment(1) | $ | 34,756 | ||
Less amount funded | 13,588 | |||
Remaining commitment | $ | 21,168 |
(1) | Includes land, construction costs, tenant improvements, lease costs and capitalized interest |
2018 | 2017 | 2016 | ||||||||||
Dividends | $ | 303,164 | $ | 277,120 | $ | 257,007 | ||||||
Per share | 1.950 | 1.860 | 1.780 |
2018 | 2017 | 2016 | ||||||||||||||||||
Ordinary dividends | $ | 1.658604 | 85.0566 | % | (1) | $ | 1.559781 | 83.8592 | % | $ | 1.513705 | 85.0396 | % | |||||||
Capital gain | 0.015534 | 0.7966 | % | 0.035041 | 1.8839 | % | — | — | ||||||||||||
Unrecaptured Section 1250 Gain | 0.042818 | 2.1958 | % | 0.012194 | 0.6556 | % | — | — | ||||||||||||
Nontaxable distributions | 0.233044 | 11.9510 | % | 0.252984 | 13.6013 | % | 0.266295 | 14.9604 | % | |||||||||||
$ | 1.950000 | 100.0000 | % | $ | 1.860000 | 100.0000 | % | $ | 1.780000 | 100.0000 | % |
(1) | Eligible for the 20% qualified business income deduction under section 199A of the Code that was established by the Tax Cuts and Jobs Act signed into law on December 22, 2017, ("TCJA"). |
2018 | 2017 | 2016 | ||||||||||
Series D Preferred Stock(1): | ||||||||||||
Dividends | $ | — | $ | 3,598 | $ | 19,047 | ||||||
Per share | — | 0.312847 | 1.656250 | |||||||||
Series E Preferred Stock(2): | ||||||||||||
Dividends | 16,387 | 16,387 | 16,387 | |||||||||
Per share | 1.425000 | 1.425000 | 1.425000 | |||||||||
Series F Preferred Stock(3): | ||||||||||||
Dividends | 17,940 | 17,940 | 3,189 | |||||||||
Per share | 1.300000 | 1.300000 | 0.231111 | |||||||||
(1) The Series D Preferred Stock was redeemed in February 2017. The dividends paid in 2017 include accumulated and unpaid dividends through the redemption date. | ||||||||||||
(2) The Series E Preferred Stock has no maturity date and will remain outstanding unless redeemed by NNN. As of May 2018, the Series E Preferred Stock is redeemable by NNN. | ||||||||||||
(3) The Series F Preferred Stock was issued in October 2016 and has no maturity date and will remain outstanding unless redeemed by NNN. The earliest redemption date for the Series F Preferred Stock is October 2021. |
Ordinary Dividends | Capital Gain | Unrecaptured Section 1250 Gain | Totals | |||||||||||||
2018 | ||||||||||||||||
Percentage of Total | 96.6015 | % | (3) | 0.9047 | % | 2.4938 | % | 100.0000 | % | |||||||
Series E | $ | 1.376571 | $ | 0.012892 | $ | 0.035537 | $ | 1.425000 | ||||||||
Series F (2) | $ | 1.255820 | $ | 0.011761 | $ | 0.032419 | $ | 1.300000 | ||||||||
2017 | ||||||||||||||||
Percentage of Total | 97.0607 | % | 2.1804 | % | 0.7589 | % | 100.0000 | % | ||||||||
Series D (1) | $ | 0.303652 | $ | 0.006821 | $ | 0.002374 | $ | 0.312847 | ||||||||
Series E | $ | 1.383115 | $ | 0.031071 | $ | 0.010814 | $ | 1.425000 | ||||||||
Series F (2) | $ | 1.261789 | $ | 0.028345 | $ | 0.009866 | $ | 1.300000 | ||||||||
2016 | ||||||||||||||||
Percentage of Total | 100.0000 | % | — | — | 100.0000 | % | ||||||||||
Series D (1) | $ | 1.656250 | — | — | $ | 1.656250 | ||||||||||
Series E | $ | 1.425000 | — | — | $ | 1.425000 | ||||||||||
Series F (2) | $ | 0.231111 | — | — | $ | 0.231111 | ||||||||||
(1) The Series D Preferred Stock was redeemed in February 2017. The dividends paid in 2017 included accumulated and unpaid dividends through the redemption date. | ||||||||||||||||
(2) The Series F Preferred Stock was issued in October 2016. | ||||||||||||||||
(3) Eligible for the 20% qualified business income deduction under section 199A of the Code as established by the TCJA. |
2018 | Percentage of Total | 2017 | Percentage of Total | ||||||||||
Line of credit payable | $ | — | — | $ | 120,500 | 4.7 | % | ||||||
Mortgages payable | 12,694 | 0.4 | % | 13,300 | 0.5 | % | |||||||
Notes payable | 2,838,701 | 99.6 | % | 2,446,407 | 94.8 | % | |||||||
Total outstanding debt | $ | 2,851,395 | 100.0 | % | $ | 2,580,207 | 100.0 | % |
Notes(1) | Issue Date | Principal | Discount(2) | Net Price | Stated Rate | Effective Rate(3) | Maturity Date | |||||||||||||
2022 | August 2012 | $ | 325,000 | $ | 4,989 | $ | 320,011 | 3.800% | 3.985% | October 2022 | ||||||||||
2023(4) | April 2013 | 350,000 | 2,594 | 347,406 | 3.300% | 3.388% | April 2023 | |||||||||||||
2024(5) | May 2014 | 350,000 | 707 | 349,293 | 3.900% | 3.924% | June 2024 | |||||||||||||
2025(6) | October 2015 | 400,000 | 964 | 399,036 | 4.000% | 4.029% | November 2025 | |||||||||||||
2026(7) | December 2016 | 350,000 | 3,860 | 346,140 | 3.600% | 3.733% | December 2026 | |||||||||||||
2027(8) | September 2017 | 400,000 | 1,628 | 398,372 | 3.500% | 3.548% | October 2027 | |||||||||||||
2028(9) | September 2018 | 400,000 | 2,848 | 397,152 | 4.300% | 4.388% | October 2028 | |||||||||||||
2048 | September 2018 | 300,000 | 4,239 | 295,761 | 4.800% | 4.890% | October 2048 |
(1) | The proceeds from the note issuance were used to pay down outstanding indebtedness of NNN’s Credit Facility, fund future property acquisitions and for general corporate purposes. Proceeds from the issuance of the 2028 Notes and the 2048 Notes were also used to redeem all of the $300,000 5.500% notes payable that were due 2021. |
(2) | The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest method. |
(3) | Includes the effects of the discount at issuance. |
(4) | NNN entered into four forward starting swaps with an aggregate notional amount of $240,000. Upon issuance of the 2023 Notes, NNN terminated the forward starting swaps resulting in a liability of $3,156, of which $3,141 was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(5) | NNN entered into three forward starting swaps with an aggregate notional amount of $225,000. Upon issuance of the 2024 Notes, NNN terminated the forward starting swaps resulting in a liability of $6,312, which was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(6) | NNN entered into four forward starting swaps with an aggregate notional amount of $300,000. Upon issuance of the 2025 Notes, NNN terminated the forward starting swaps resulting in a liability of $13,369, which was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(7) | NNN entered into two forward starting swaps with an aggregate notional amount of $180,000. Upon issuance of the 2026 Notes, NNN terminated the forward starting swaps resulting in a gain of $13,345, which was deferred in other comprehensive income. The deferred asset is being amortized over the term of the notes using the effective interest method. |
(8) | NNN entered into two forward starting swaps with an aggregate notional amount of $250,000. Upon issuance of the 2027 Notes, NNN terminated the forward starting swaps resulting in a liability of $7,690, of which $7,688 was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(9) | NNN entered into two forward starting swaps with an aggregate notional amount of $250,000. Upon issuance of the 2028 Notes, NNN terminated the forward starting swaps resulting in a gain of $4,080, which was deferred in other comprehensive income. The gain is being amortized over the term of the notes using the effective interest method. |
Series | Dividend Rate(1) | Issued | Depositary Shares Outstanding(2) | Gross Proceeds | Stock Issuance Costs(3) | Dividend Per Depositary Share | Earliest Redemption Date(4) | |||||||||||||||
Series E(5) | 5.700 | % | May 2013 | 11,500,000 | $ | 287,500 | $ | 9,856 | $ | 1.425000 | May 2018 | |||||||||||
Series F(6) | 5.200 | % | October 2016 | 13,800,000 | 345,000 | 10,897 | 1.300000 | October 2021 | ||||||||||||||
(1) Holders are entitled to receive, when and as authorized by the Board of Directors, cumulative preferential cash dividends. | ||||||||||||||||||||||
(2) Representing 1/100th of a preferred share. Series E issuance included 1,500,000 depositary shares in connection with the underwriters' over-allotment. Series F issuance included 1,800,000 depositary shares in connection with the underwriters' over-allotment. | ||||||||||||||||||||||
(3) Consisting primarily of underwriting commissions and fees, rating agency fees, legal and accounting fees and printing expenses. | ||||||||||||||||||||||
(4) NNN may redeem the preferred stock underlying the depositary shares at a redemption price of $2,500.00 per share (or $25.00 per depositary share), plus all accumulated and unpaid dividends. | ||||||||||||||||||||||
(5) NNN used the net proceeds from the offering for general corporate purposes and funding property acquisitions. | ||||||||||||||||||||||
(6) NNN used the net proceeds from the offering to repay outstanding indebtedness under its Credit Facility, fund property acquisitions and for general corporate purposes. |
2018 | 2017 | 2016 | |||||||||
Shares of common stock | 311,048 | 229,696 | 187,626 | ||||||||
Net proceeds | $ | 13,264 | $ | 9,391 | $ | 8,340 |
2018 ATM | 2016 ATM | 2015 ATM | ||||||
Established date | February 2018 | March 2016 | February 2015 | |||||
Termination date | February 2021 | February 2018 | March 2016 | |||||
Total allowable shares | 12,000,000 | 12,000,000 | 10,000,000 | |||||
Total shares issued as of December 31, 2018 | 7,378,163 | 10,044,656 | 9,852,465 |
Year Ended December 31, | |||||||||||
2018 | 2017 | 2016 | |||||||||
Shares of common stock | 7,378,163 | 5,821,366 | 5,716,222 | ||||||||
Average price per share (net) | $ | 44.48 | $ | 41.88 | $ | 46.48 | |||||
Net proceeds | $ | 328,196 | $ | 243,822 | $ | 265,696 | |||||
Stock issuance costs(1) | $ | 3,821 | $ | 3,782 | $ | 4,266 |
Debt Obligations (dollars in thousands) | |||||||||||||
Fixed Rate Debt | |||||||||||||
Mortgages(1) | Unsecured Debt(2) | ||||||||||||
Debt Obligation | Weighted Average Interest Rate | Debt Obligation | Effective Interest Rate | ||||||||||
2019 | $ | 652 | 5.23% | $ | — | — | |||||||
2020 | 682 | 5.23% | — | — | |||||||||
2021 | 716 | 5.23% | — | — | |||||||||
2022 | 750 | 5.23% | 322,903 | 3.99% | |||||||||
2023 | 9,968 | 5.23% | 348,780 | 3.39% | |||||||||
Thereafter | — | — | 2,187,246 | 4.06% | (3) | ||||||||
Total | $ | 12,768 | 5.23% | $ | 2,858,929 | 3.97% | |||||||
Fair Value: | |||||||||||||
December 31, 2018 | $ | 12,768 | $ | 2,813,583 | |||||||||
December 31, 2017 | $ | 13,392 | $ | 2,507,106 |
(1) | NNN's mortgages payable represent principal payments by year and include unamortized premiums and exclude debt costs. |
(2) | Includes NNN’s notes payable, each exclude debt costs and are net of unamortized discounts. NNN uses market prices quoted from Bloomberg, a third party, which is a Level 1 input, to determine the fair value. |
(3) | Weighted average effective interest rate for periods after 2023. |
ASSETS | December 31, 2018 | December 31, 2017 | |||||
Real estate portfolio: | |||||||
Accounted for using the operating method, net of accumulated depreciation and amortization | $ | 6,853,757 | $ | 6,403,638 | |||
Accounted for using the direct financing method | 8,069 | 9,650 | |||||
Real estate held for sale | 13,606 | 29,373 | |||||
Cash and cash equivalents | 114,267 | 1,364 | |||||
Receivables, net of allowance of $2,273 and $1,119, respectively | 3,797 | 4,317 | |||||
Accrued rental income, net of allowance of $1,842 and $1,936, respectively | 25,387 | 25,916 | |||||
Debt costs, net of accumulated amortization of $14,118 and $12,667, respectively | 4,081 | 5,380 | |||||
Other assets | 80,474 | 80,896 | |||||
Total assets | $ | 7,103,438 | $ | 6,560,534 | |||
LIABILITIES AND EQUITY | |||||||
Liabilities: | |||||||
Line of credit payable | $ | — | $ | 120,500 | |||
Mortgages payable, including unamortized premium and net of unamortized debt costs | 12,694 | 13,300 | |||||
Notes payable, net of unamortized discount and unamortized debt costs | 2,838,701 | 2,446,407 | |||||
Accrued interest payable | 19,519 | 20,311 | |||||
Other liabilities | 77,919 | 119,106 | |||||
Total liabilities | 2,948,833 | 2,719,624 | |||||
Commitments and contingencies (Note 18) | |||||||
Equity: | |||||||
Stockholders’ equity: | |||||||
Preferred stock, $0.01 par value. Authorized 15,000,000 shares | |||||||
5.700% Series E, 115,000 shares issued and outstanding, at stated liquidation value of $2,500 per share | 287,500 | 287,500 | |||||
5.200% Series F, 138,000 shares issued and outstanding, at stated liquidation value of $2,500 per share | 345,000 | 345,000 | |||||
Common stock, $0.01 par value. Authorized 375,000,000 shares; 161,503,585 and 153,577,028 shares issued and outstanding, respectively | 1,616 | 1,537 | |||||
Capital in excess of par value | 3,950,055 | 3,599,475 | |||||
Accumulated deficit | (424,225 | ) | (379,181 | ) | |||
Accumulated other comprehensive income (loss) | (5,696 | ) | (13,738 | ) | |||
Total stockholders’ equity of NNN | 4,154,250 | 3,840,593 | |||||
Noncontrolling interests | 355 | 317 | |||||
Total equity | 4,154,605 | 3,840,910 | |||||
Total liabilities and equity | $ | 7,103,438 | $ | 6,560,534 |
Year Ended December 31, | |||||||||||
2018 | 2017 | 2016 | |||||||||
Revenues: | |||||||||||
Rental income from operating leases | $ | 602,131 | $ | 565,405 | $ | 512,883 | |||||
Earned income from direct financing leases | 923 | 978 | 1,336 | ||||||||
Percentage rent | 1,561 | 1,700 | 1,735 | ||||||||
Real estate expense reimbursement from tenants | 16,784 | 15,512 | 14,984 | ||||||||
Interest and other income from real estate transactions | 1,262 | 1,338 | 2,709 | ||||||||
622,661 | 584,933 | 533,647 | |||||||||
Operating expenses: | |||||||||||
General and administrative | 34,248 | 33,805 | 36,508 | ||||||||
Real estate | 25,099 | 23,105 | 20,852 | ||||||||
Depreciation and amortization | 174,398 | 173,720 | 149,101 | ||||||||
Impairment – commercial mortgage residual interests valuation | — | — | 6,830 | ||||||||
Impairment losses – real estate and other charges, net of recoveries | 28,211 | 8,955 | 11,287 | ||||||||
Retirement severance costs | 1,013 | 7,845 | — | ||||||||
262,969 | 247,430 | 224,578 | |||||||||
Gain on disposition of real estate | 65,070 | 36,655 | 27,182 | ||||||||
Earnings from operations | 424,762 | 374,158 | 336,251 | ||||||||
Other expenses (revenues): | |||||||||||
Interest and other income | (1,810 | ) | (322 | ) | (170 | ) | |||||
Interest expense | 115,847 | 109,109 | 96,352 | ||||||||
Real estate acquisition costs | — | — | 563 | ||||||||
Loss on early extinguishment of debt | 18,240 | — | — | ||||||||
132,277 | 108,787 | 96,745 | |||||||||
Net earnings | 292,485 | 265,371 | 239,506 | ||||||||
Earnings attributable to noncontrolling interests | (38 | ) | (398 | ) | (6 | ) | |||||
Net earnings attributable to NNN | $ | 292,447 | $ | 264,973 | $ | 239,500 |
Year Ended December 31, | |||||||||||
2018 | 2017 | 2016 | |||||||||
Net earnings attributable to NNN | $ | 292,447 | $ | 264,973 | $ | 239,500 | |||||
Series D preferred stock dividends | — | (3,598 | ) | (19,047 | ) | ||||||
Series E preferred stock dividends | (16,387 | ) | (16,387 | ) | (16,387 | ) | |||||
Series F preferred stock dividends | (17,940 | ) | (17,940 | ) | (3,189 | ) | |||||
Excess of redemption value over carrying value of Series D preferred shares redeemed | — | (9,855 | ) | — | |||||||
Net earnings available to common stockholders | $ | 258,120 | $ | 217,193 | $ | 200,877 | |||||
Net earnings per share of common stock: | |||||||||||
Basic | $ | 1.65 | $ | 1.45 | $ | 1.39 | |||||
Diluted | $ | 1.65 | $ | 1.45 | $ | 1.38 | |||||
Weighted average number of common shares outstanding: | |||||||||||
Basic | 155,744,601 | 149,111,188 | 144,176,224 | ||||||||
Diluted | 156,295,619 | 149,432,641 | 144,660,633 | ||||||||
Other comprehensive income: | |||||||||||
Net earnings attributable to NNN | $ | 292,447 | $ | 264,973 | $ | 239,500 | |||||
Amortization of interest rate hedges | 3,664 | 1,932 | 2,802 | ||||||||
Fair value of forward starting swaps | 4,080 | (7,688 | ) | 13,345 | |||||||
Net loss – commercial mortgage residual interests | — | — | (4,454 | ) | |||||||
Net gain – available-for-sale securities | 298 | 209 | 468 | ||||||||
Comprehensive income attributable to NNN | $ | 300,489 | $ | 259,426 | $ | 251,661 |
Series D Preferred Stock | Series E Preferred Stock | Series F Preferred Stock | Common Stock | Capital in Excess of Par Value | Retained Earnings (Loss) | Accumulated Other Comprehensive Income (Loss) | Total Stockholders’ Equity | Noncontrolling Interests | Total Equity | ||||||||||||||||||||||||||||||
Balances at December 31, 2015 | $ | 287,500 | $ | 287,500 | $ | — | $ | 1,412 | $ | 3,049,198 | $ | (263,124 | ) | $ | (20,352 | ) | $ | 3,342,134 | $ | 259 | $ | 3,342,393 | |||||||||||||||||
Net earnings | — | — | — | — | — | 239,500 | — | 239,500 | 6 | 239,506 | |||||||||||||||||||||||||||||
Dividends declared and paid: | |||||||||||||||||||||||||||||||||||||||
$1.65625 per depositary share of Series D preferred stock | — | — | — | — | — | (19,047 | ) | — | (19,047 | ) | — | (19,047 | ) | ||||||||||||||||||||||||||
$1.42500 per depositary share of Series E preferred stock | — | — | — | — | — | (16,387 | ) | — | (16,387 | ) | — | (16,387 | ) | ||||||||||||||||||||||||||
$0.231111 per depositary share of Series F preferred stock | — | — | — | — | — | (3,189 | ) | — | (3,189 | ) | — | (3,189 | ) | ||||||||||||||||||||||||||
$1.78 per share of common stock | — | — | — | 2 | 7,949 | (257,007 | ) | — | (249,056 | ) | — | (249,056 | ) | ||||||||||||||||||||||||||
Issuance of 13,800,000 depositary shares of Series F preferred stock | — | — | 345,000 | — | (10,897 | ) | — | — | 334,103 | — | 334,103 | ||||||||||||||||||||||||||||
Issuance of common stock: | |||||||||||||||||||||||||||||||||||||||
31,807 shares – director compensation | — | — | — | — | 1,148 | — | — | 1,148 | — | 1,148 | |||||||||||||||||||||||||||||
8,444 shares – stock purchase plan | — | — | — | — | 389 | — | — | 389 | — | 389 | |||||||||||||||||||||||||||||
5,716,222 shares – ATM equity program | — | — | — | 57 | 269,905 | — | — | 269,962 | — | 269,962 | |||||||||||||||||||||||||||||
Issuance of 222,157 shares of restricted common stock | — | — | — | 2 | (264 | ) | — | — | (262 | ) | — | (262 | ) | ||||||||||||||||||||||||||
Stock issuance costs | — | — | — | — | (4,266 | ) | — | — | (4,266 | ) | — | (4,266 | ) | ||||||||||||||||||||||||||
Amortization of deferred compensation | — | — | — | — | 9,609 | — | — | 9,609 | — | 9,609 | |||||||||||||||||||||||||||||
Amortization of interest rate hedges | — | — | — | — | — | — | 2,802 | 2,802 | — | 2,802 | |||||||||||||||||||||||||||||
Fair value of forward starting swaps | — | — | — | — | — | — | 13,345 | 13,345 | — | 13,345 | |||||||||||||||||||||||||||||
Unrealized loss – commercial mortgage residual interests | — | — | — | — | — | — | (182 | ) | (182 | ) | — | (182 | ) | ||||||||||||||||||||||||||
Realized gain – commercial mortgage residual interests | — | — | — | — | — | — | (4,272 | ) | (4,272 | ) | — | (4,272 | ) | ||||||||||||||||||||||||||
Valuation adjustments – available-for-sale securities | — | — | — | — | — | — | 468 | 468 | — | 468 | |||||||||||||||||||||||||||||
Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | (136 | ) | (136 | ) | |||||||||||||||||||||||||||
Balances at December 31, 2016 | $ | 287,500 | $ | 287,500 | $ | 345,000 | $ | 1,473 | $ | 3,322,771 | $ | (319,254 | ) | $ | (8,191 | ) | $ | 3,916,799 | $ | 129 | $ | 3,916,928 |
Series D Preferred Stock | Series E Preferred Stock | Series F Preferred Stock | Common Stock | Capital in Excess of Par Value | Retained Earnings (Loss) | Accumulated Other Comprehensive Income (Loss) | Total Stockholders’ Equity | Noncontrolling Interests | Total Equity | ||||||||||||||||||||||||||||||
Balances at December 31, 2016 | $ | 287,500 | $ | 287,500 | $ | 345,000 | $ | 1,473 | $ | 3,322,771 | $ | (319,254 | ) | $ | (8,191 | ) | $ | 3,916,799 | $ | 129 | $ | 3,916,928 | |||||||||||||||||
Net earnings | — | — | — | — | — | 264,973 | — | 264,973 | 398 | 265,371 | |||||||||||||||||||||||||||||
Dividends declared and paid: | |||||||||||||||||||||||||||||||||||||||
$0.312847 per depositary share of Series D preferred stock | — | — | — | — | — | (3,598 | ) | — | (3,598 | ) | — | (3,598 | ) | ||||||||||||||||||||||||||
$1.42500 per depositary share of Series E preferred stock | — | — | — | — | — | (16,387 | ) | — | (16,387 | ) | — | (16,387 | ) | ||||||||||||||||||||||||||
$1.30000 per depositary share of Series F preferred stock | — | — | — | — | — | (17,940 | ) | — | (17,940 | ) | — | (17,940 | ) | ||||||||||||||||||||||||||
$1.86 per share of common stock | — | — | — | 2 | 8,825 | (277,120 | ) | — | (268,293 | ) | — | (268,293 | ) | ||||||||||||||||||||||||||
Redemption of 11,500,000 depositary shares of Series D preferred stock | (287,500 | ) | — | — | — | 9,855 | (9,855 | ) | — | (287,500 | ) | — | (287,500 | ) | |||||||||||||||||||||||||
Issuance of common stock: | |||||||||||||||||||||||||||||||||||||||
35,456 shares – director compensation | — | — | — | 1 | 1,175 | — | — | 1,176 | — | 1,176 | |||||||||||||||||||||||||||||
13,695 shares – stock purchase plan | — | — | — | — | 563 | — | — | 563 | — | 563 | |||||||||||||||||||||||||||||
5,821,366 shares – ATM equity program | — | — | — | 58 | 247,546 | — | — | 247,604 | — | 247,604 | |||||||||||||||||||||||||||||
Issuance of 274,102 shares of restricted common stock | — | — | — | 3 | (234 | ) | — | — | (231 | ) | — | (231 | ) | ||||||||||||||||||||||||||
Stock issuance costs | — | — | — | — | (3,782 | ) | — | — | (3,782 | ) | — | (3,782 | ) | ||||||||||||||||||||||||||
Amortization of deferred compensation | — | — | — | — | 12,630 | — | — | 12,630 | — | 12,630 | |||||||||||||||||||||||||||||
Amortization of interest rate hedges | — | — | — | — | — | — | 1,932 | 1,932 | — | 1,932 | |||||||||||||||||||||||||||||
Fair value of forward starting swaps | — | — | — | — | — | — | (7,688 | ) | (7,688 | ) | — | (7,688 | ) | ||||||||||||||||||||||||||
Valuation adjustments – available-for-sale securities | — | — | — | — | — | — | 209 | 209 | — | 209 | |||||||||||||||||||||||||||||
Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | (84 | ) | (84 | ) | |||||||||||||||||||||||||||
Noncontrolling interests | — | — | — | — | 126 | — | — | 126 | (126 | ) | — | ||||||||||||||||||||||||||||
Balances at December 31, 2017 | $ | — | $ | 287,500 | $ | 345,000 | $ | 1,537 | $ | 3,599,475 | $ | (379,181 | ) | $ | (13,738 | ) | $ | 3,840,593 | $ | 317 | $ | 3,840,910 |
Series D Preferred Stock | Series E Preferred Stock | Series F Preferred Stock | Common Stock | Capital in Excess of Par Value | Retained Earnings (Loss) | Accumulated Other Comprehensive Income (Loss) | Total Stockholders’ Equity | Noncontrolling Interests | Total Equity | ||||||||||||||||||||||||||||||
Balances at December 31, 2017 | $ | — | $ | 287,500 | $ | 345,000 | $ | 1,537 | $ | 3,599,475 | $ | (379,181 | ) | $ | (13,738 | ) | $ | 3,840,593 | $ | 317 | $ | 3,840,910 | |||||||||||||||||
Net earnings | — | — | — | — | — | 292,447 | — | 292,447 | 38 | 292,485 | |||||||||||||||||||||||||||||
Dividends declared and paid: | |||||||||||||||||||||||||||||||||||||||
$1.42500 per depositary share of Series E preferred stock | — | — | — | — | — | (16,387 | ) | — | (16,387 | ) | — | (16,387 | ) | ||||||||||||||||||||||||||
$1.30000 per depositary share of Series F preferred stock | — | — | — | — | — | (17,940 | ) | — | (17,940 | ) | — | (17,940 | ) | ||||||||||||||||||||||||||
$1.95 per share of common stock | — | — | — | 3 | 12,960 | (303,164 | ) | — | (290,201 | ) | — | (290,201 | ) | ||||||||||||||||||||||||||
Issuance of common stock: | |||||||||||||||||||||||||||||||||||||||
40,731 shares – director compensation | — | — | — | — | 1,375 | — | — | 1,375 | — | 1,375 | |||||||||||||||||||||||||||||
10,101 shares – stock purchase plan | — | — | — | — | 426 | — | — | 426 | — | 426 | |||||||||||||||||||||||||||||
7,378,163 shares – ATM equity program | — | — | — | 74 | 331,944 | — | — | 332,018 | — | 332,018 | |||||||||||||||||||||||||||||
Issuance of 221,484 shares of restricted common stock | — | — | — | 2 | (91 | ) | — | — | (89 | ) | — | (89 | ) | ||||||||||||||||||||||||||
Stock issuance costs | — | — | — | — | (3,947 | ) | — | — | (3,947 | ) | — | (3,947 | ) | ||||||||||||||||||||||||||
Amortization of deferred compensation | — | — | — | — | 7,913 | — | — | 7,913 | — | 7,913 | |||||||||||||||||||||||||||||
Amortization of interest rate hedges | — | — | — | — | — | — | 3,664 | 3,664 | — | 3,664 | |||||||||||||||||||||||||||||
Fair value of forward starting swaps | — | — | — | — | — | — | 4,080 | 4,080 | — | 4,080 | |||||||||||||||||||||||||||||
Valuation adjustments – available-for-sale securities | — | — | — | — | — | — | 298 | 298 | — | 298 | |||||||||||||||||||||||||||||
Balances at December 31, 2018 | $ | — | $ | 287,500 | $ | 345,000 | $ | 1,616 | $ | 3,950,055 | $ | (424,225 | ) | $ | (5,696 | ) | $ | 4,154,250 | $ | 355 | $ | 4,154,605 |
Year Ended December 31, | |||||||||||
2018 | 2017 | 2016 | |||||||||
Cash flows from operating activities: | |||||||||||
Net earnings | $ | 292,485 | $ | 265,371 | $ | 239,506 | |||||
Adjustments to reconcile net earnings to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | 174,398 | 173,720 | 149,101 | ||||||||
Impairment losses – real estate and other charges, net of recoveries | 28,211 | 4,953 | 11,294 | ||||||||
Impairment – commercial mortgage residual interests valuation | — | — | 6,830 | ||||||||
Loss on early extinguishment of debt | 18,240 | — | — | ||||||||
Amortization of notes payable discount | 3,263 | 1,788 | 1,394 | ||||||||
Amortization of debt costs | 4,611 | 3,502 | 3,086 | ||||||||
Amortization of mortgages payable premium | (85 | ) | (85 | ) | (147 | ) | |||||
Amortization of interest rate hedges | 3,664 | 1,932 | 2,802 | ||||||||
Settlement of forward starting swaps | 4,080 | (7,688 | ) | 13,345 | |||||||
Gain on disposition of real estate | (65,070 | ) | (36,655 | ) | (27,182 | ) | |||||
Performance incentive plan expense | 10,417 | 14,223 | 11,401 | ||||||||
Performance incentive plan payment | (432 | ) | (862 | ) | (581 | ) | |||||
Change in operating assets and liabilities, net of assets acquired and liabilities assumed: | |||||||||||
Decrease in real estate leased to others using the direct financing method | 874 | 884 | 1,364 | ||||||||
Increase in receivables | (203 | ) | (175 | ) | (74 | ) | |||||
Increase in accrued rental income | (747 | ) | (1,752 | ) | (252 | ) | |||||
Decrease in other assets | 793 | 1,960 | 1,663 | ||||||||
Increase (decrease) in accrued interest payable | (792 | ) | 646 | (448 | ) | ||||||
Increase (decrease) in other liabilities | (1,516 | ) | (90 | ) | 2,636 | ||||||
Other | (282 | ) | (115 | ) | (401 | ) | |||||
Net cash provided by operating activities | 471,909 | 421,557 | 415,337 | ||||||||
Cash flows from investing activities: | |||||||||||
Proceeds from the disposition of real estate | 148,476 | 97,245 | 104,117 | ||||||||
Additions to real estate: | |||||||||||
Accounted for using the operating method | (756,971 | ) | (721,893 | ) | (885,966 | ) | |||||
Principal payments on mortgages and notes receivable | — | 1,250 | 4,141 | ||||||||
Other | (876 | ) | (2,159 | ) | (2,235 | ) | |||||
Net cash used in investing activities | (609,371 | ) | (625,557 | ) | (779,943 | ) |
Year Ended December 31, | |||||||||||
2018 | 2017 | 2016 | |||||||||
Cash flows from financing activities: | |||||||||||
Proceeds from line of credit payable | $ | 1,599,500 | $ | 1,501,700 | $ | 1,330,200 | |||||
Repayment of line of credit payable | (1,720,000 | ) | (1,381,200 | ) | (1,330,200 | ) | |||||
Repayment of mortgages payable | (538 | ) | (510 | ) | (9,962 | ) | |||||
Proceeds from notes payable | 692,913 | 398,372 | 346,140 | ||||||||
Repayment of notes payable | (300,000 | ) | (250,000 | ) | — | ||||||
Payment for early extinguishment of debt | (18,240 | ) | — | — | |||||||
Payment of debt issuance costs | (7,156 | ) | (7,837 | ) | (3,362 | ) | |||||
Proceeds from issuance of common stock | 345,324 | 256,764 | 278,040 | ||||||||
Proceeds from issuance of Series F preferred stock | — | — | 345,000 | ||||||||
Stock issuance costs | (3,947 | ) | (3,836 | ) | (15,204 | ) | |||||
Redemption of Series D preferred stock | — | (287,500 | ) | — | |||||||
Payment of Series D preferred stock dividends | — | (3,598 | ) | (19,047 | ) | ||||||
Payment of Series E preferred stock dividends | (16,387 | ) | (16,387 | ) | (16,387 | ) | |||||
Payment of Series F preferred stock dividends | (17,940 | ) | (17,940 | ) | (3,189 | ) | |||||
Payment of common stock dividends | (303,164 | ) | (277,120 | ) | (257,007 | ) | |||||
Noncontrolling interest distributions | — | (84 | ) | (136 | ) | ||||||
Net cash provided by (used in) financing activities | 250,365 | (89,176 | ) | 644,886 | |||||||
Net increase (decrease) in cash, cash equivalents and restricted cash | 112,903 | (293,176 | ) | 280,280 | |||||||
Cash, cash equivalents and restricted cash at beginning of year(1) | 1,364 | 294,540 | 14,260 | ||||||||
Cash, cash equivalents and restricted cash at end of year(1) | $ | 114,267 | $ | 1,364 | $ | 294,540 | |||||
Supplemental disclosure of cash flow information: | |||||||||||
Interest paid, net of amount capitalized | $ | 107,861 | $ | 103,761 | $ | 91,403 | |||||
Taxes received | $ | — | $ | (15 | ) | $ | (155 | ) | |||
Supplemental disclosure of noncash investing and financing activities: | |||||||||||
Increase (decrease) in other comprehensive income | $ | (8,042 | ) | $ | 5,547 | $ | (12,161 | ) | |||
Change in lease classification (direct financing lease to operating lease) | $ | 565 | $ | 696 | $ | 1,924 | |||||
Change in lease classification (operating lease to direct financing lease) | $ | 258 | $ | — | $ | — |
(1) | Cash, cash equivalents and restricted cash is the aggregate of cash and cash equivalents and restricted cash and cash held in escrow from the Consolidated Balance Sheets. NNN did not have restricted cash or cash held in escrow at December 31, 2018, 2017 and 2016. |
December 31, 2018 | ||
Property Portfolio: | ||
Total properties | 2,969 | |
Gross leasable area (square feet) | 30,487,000 | |
States | 48 | |
Weighted average remaining lease term (years) | 11.5 |
2018 | 2017 | |||||||
Intangible lease assets (included in other assets): | ||||||||
Above-market in-place leases | $ | 15,175 | $ | 16,583 | ||||
Less: accumulated amortization | (9,239 | ) | (9,299 | ) | ||||
Above-market in-place leases, net | $ | 5,936 | $ | 7,284 | ||||
In-place leases | $ | 104,871 | $ | 104,592 | ||||
Less: accumulated amortization | (60,797 | ) | (61,004 | ) | ||||
In-place leases, net | $ | 44,074 | $ | 43,588 | ||||
Intangible lease liabilities (included in other liabilities): | ||||||||
Below-market in-place leases | $ | 41,554 | $ | 44,468 | ||||
Less: accumulated amortization | (25,258 | ) | (26,055 | ) | ||||
Below-market in-place leases, net | $ | 16,296 | $ | 18,413 |
Net Increase to Rental Income | Increase To Amortization Expense | ||||||
2019 | $ | 730 | $ | 6,716 | |||
2020 | 676 | 6,000 | |||||
2021 | 562 | 5,285 | |||||
2022 | 440 | 4,817 | |||||
2023 | 358 | 4,309 | |||||
Thereafter | 7,594 | 16,947 | |||||
Weighted average amortization period (years) | 18.7 | 9.8 |
2018 | 2017 | 2016 | |||||||||
Basic and Diluted Earnings: | |||||||||||
Net earnings attributable to NNN | $ | 292,447 | $ | 264,973 | $ | 239,500 | |||||
Less: Series D preferred stock dividends | — | (3,598 | ) | (19,047 | ) | ||||||
Less: Series E preferred stock dividends | (16,387 | ) | (16,387 | ) | (16,387 | ) | |||||
Less: Series F preferred stock dividends | (17,940 | ) | (17,940 | ) | (3,189 | ) | |||||
Less: Excess of redemption value over carrying value of Series D preferred shares redeemed | — | (9,855 | ) | — | |||||||
Net earnings available to common stockholders | 258,120 | 217,193 | 200,877 | ||||||||
Less: Earnings attributable to unvested restricted shares | (548 | ) | (531 | ) | (695 | ) | |||||
Net earnings used in basic and diluted earnings per share | $ | 257,572 | $ | 216,662 | $ | 200,182 | |||||
Basic and Diluted Weighted Average Shares Outstanding: | |||||||||||
Weighted average number of shares outstanding | 156,490,901 | 149,840,116 | 145,014,422 | ||||||||
Less: Unvested restricted shares | (280,633 | ) | (285,585 | ) | (390,522 | ) | |||||
Less: Unvested contingent restricted shares | (465,667 | ) | (443,343 | ) | (447,676 | ) | |||||
Weighted average number of shares outstanding used in basic earnings per share | 155,744,601 | 149,111,188 | 144,176,224 | ||||||||
Effects of dilutive securities: | |||||||||||
Other | 551,018 | 321,453 | 484,409 | ||||||||
Weighted average number of shares outstanding used in diluted earnings per share | 156,295,619 | 149,432,641 | 144,660,633 |
• | Level 1 – Valuation is based upon quoted prices in active markets for identical assets or liabilities. |
• | Level 2 – Valuation is based upon inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. |
• | Level 3 – Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include option pricing models, discounted cash flow models and similar techniques. |
Gain or Loss on Cash Flow Hedges(1) | Gains and Losses on Available-for-Sale Securities | Total | ||||||||||
Beginning balance, December 31, 2016 | $ | (8,899 | ) | $ | 708 | $ | (8,191 | ) | ||||
Other comprehensive income (loss) | (7,688 | ) | 209 | (7,479 | ) | |||||||
Reclassifications from accumulated other comprehensive income to net earnings | 1,932 | (2) | — | 1,932 | ||||||||
Net current period other comprehensive income (loss) | (5,756 | ) | 209 | (5,547 | ) | |||||||
Ending balance, December 31, 2017 | (14,655 | ) | 917 | (13,738 | ) | |||||||
Other comprehensive income (loss) | 4,080 | 298 | 4,378 | |||||||||
Reclassifications from accumulated other comprehensive income to net earnings | 3,664 | (2) | — | 3,664 | ||||||||
Net current period other comprehensive income (loss) | 7,744 | 298 | 8,042 | |||||||||
Ending balance, December 31, 2018 | $ | (6,911 | ) | $ | 1,215 | $ | (5,696 | ) |
Lease classification: | ||
Operating | 2,970 | |
Direct financing | 8 | |
Building portion – direct financing / land portion – operating | 1 | |
Weighted average remaining lease term (years) | 11.5 |
2018 | 2017 | ||||||
Land and improvements (1) | $ | 2,374,005 | $ | 2,282,919 | |||
Buildings and improvements | 5,477,479 | 4,948,057 | |||||
Leasehold interests | 3,630 | 5,261 | |||||
7,855,114 | 7,236,237 | ||||||
Less accumulated depreciation and amortization | (1,009,374 | ) | (874,519 | ) | |||
6,845,740 | 6,361,718 | ||||||
Work in progress - improvements | 8,017 | 41,920 | |||||
$ | 6,853,757 | $ | 6,403,638 |
2019 | $ | 613,402 | |
2020 | 599,805 | ||
2021 | 579,904 | ||
2022 | 550,022 | ||
2023 | 522,386 | ||
Thereafter | 4,243,077 | ||
$ | 7,108,596 |
2018 | 2017 | ||||||
Minimum lease payments to be received | $ | 10,899 | $ | 9,339 | |||
Estimated unguaranteed residual values | 4,395 | 4,967 | |||||
Less unearned income | (7,225 | ) | (4,656 | ) | |||
Net investment in direct financing leases | $ | 8,069 | $ | 9,650 |
2019 | $ | 1,464 | |
2020 | 1,013 | ||
2021 | 889 | ||
2022 | 895 | ||
2023 | 895 | ||
Thereafter | 5,743 | ||
$ | 10,899 |
2018 | 2017 | ||||||
Land and improvements | $ | 8,606 | $ | 9,411 | |||
Building and improvements | 26,147 | 27,342 | |||||
34,753 | 36,753 | ||||||
Less accumulated depreciation and amortization | (6,897 | ) | (6,602 | ) | |||
Less impairment | (14,250 | ) | (778 | ) | |||
$ | 13,606 | $ | 29,373 |
2018 | 2017 | 2016 | ||||||||||||||||
# of Sold Properties | Gain | # of Sold Properties | Gain | # of Sold Properties | Gain | |||||||||||||
Gain on disposition of real estate | 61 | $ | 65,070 | 48 | $ | 36,655 | 38 | $ | 27,182 |
Total commitment(1) | $ | 34,756 | ||
Less amount funded | 13,588 | |||
Remaining commitment | $ | 21,168 |
(1) | Includes land, construction costs, tenant improvements, lease costs and capitalized interest. |
Entered | Initial Balance | Interest Rate | Maturity(2) | Carrying Value of Encumbered Asset(s)(3) | Outstanding Principal Balance at December 31, | ||||||||||||||
2018 | 2017 | ||||||||||||||||||
November 2014(1) | 15,151 | 5.23% | July 2023 | $ | 20,430 | $ | 12,768 | $ | 13,392 | ||||||||||
Debt costs | (147 | ) | (147 | ) | |||||||||||||||
Accumulated amortization | 73 | 55 | |||||||||||||||||
Debt costs, net of accumulated amortization | (74 | ) | (92 | ) | |||||||||||||||
Mortgages payable, including unamortized premium and net of unamortized debt costs | $ | 12,694 | $ | 13,300 |
(1) | Date entered represents the date that NNN acquired real estate subject to a mortgage securing a loan. Initial balance and outstanding principal balance includes unamortized premium. |
(2) | Monthly payments include interest and principal; the balance is due at maturity. |
(3) | The loan is secured by a first mortgage lien on five of the Properties. The carrying values of the assets at December 31, 2018. |
2019 | $ | 652 | |
2020 | 682 | ||
2021 | 716 | ||
2022 | 750 | ||
2023 | 9,968 | ||
$ | 12,768 |
Notes | Issue Date | Principal | Discount(1) | Net Price | Stated Rate | Effective Rate(2) | Maturity Date | |||||||||||||
2022 | August 2012 | $ | 325,000 | $ | 4,989 | $ | 320,011 | 3.800% | 3.985% | October 2022 | ||||||||||
2023(3) | April 2013 | 350,000 | 2,594 | 347,406 | 3.300% | 3.388% | April 2023 | |||||||||||||
2024(4) | May 2014 | 350,000 | 707 | 349,293 | 3.900% | 3.924% | June 2024 | |||||||||||||
2025(5) | October 2015 | 400,000 | 964 | 399,036 | 4.000% | 4.029% | November 2025 | |||||||||||||
2026(6) | December 2016 | 350,000 | 3,860 | 346,140 | 3.600% | 3.733% | December 2026 | |||||||||||||
2027(7) | September 2017 | 400,000 | 1,628 | 398,372 | 3.500% | 3.548% | October 2027 | |||||||||||||
2028(8) | September 2018 | 400,000 | 2,848 | 397,152 | 4.300% | 4.388% | October 2028 | |||||||||||||
2048 | September 2018 | 300,000 | 4,239 | 295,761 | 4.800% | 4.890% | October 2048 |
(1) | The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest method. |
(2) | Includes the effects of the discount at issuance. |
(3) | NNN entered into four forward starting swaps with an aggregate notional amount of $240,000. Upon issuance of the 2023 Notes, NNN terminated the forward starting swaps resulting in a liability of $3,156, of which $3,141 was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(4) | NNN entered into three forward starting swaps with an aggregate notional amount of $225,000. Upon issuance of the 2024 Notes, NNN terminated the forward starting swaps resulting in a liability of $6,312, which was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(5) | NNN entered into four forward starting swaps with an aggregate notional amount of $300,000. Upon issuance of the 2025 Notes, NNN terminated the forward starting swaps resulting in a liability of $13,369, which was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(6) | NNN entered into two forward starting swaps with an aggregate notional amount of $180,000. Upon issuance of the 2026 Notes, NNN terminated the forward starting swaps resulting in a gain of $13,345, which was deferred in other comprehensive income. The deferred asset is being amortized over the term of the notes using the effective interest method. |
(7) | NNN entered into two forward starting swaps with an aggregate notional amount of $250,000. Upon issuance of the 2027 Notes, NNN terminated the forward starting swaps resulting in a liability of $7,690, of which $7,688 was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method. |
(8) | NNN entered into two forward starting swaps with an aggregate notional amount of $250,000. Upon issuance of the 2028 Notes, NNN terminated the forward starting swaps resulting in a gain of $4,080, which was deferred in other comprehensive income. The gain is being amortized over the term of the notes using the effective interest method. |
Series | Dividend Rate(1) | Issued | Depositary Shares Outstanding(2) | Gross Proceeds | Stock Issuance Costs(3) | Dividend Per Depositary Share | Earliest Redemption Date | |||||||||||||||
Series E | 5.700 | % | May 2013 | 11,500,000 | $ | 287,500 | $ | 9,856 | $ | 1.425000 | May 2018 | |||||||||||
Series F | 5.200 | % | October 2016 | 13,800,000 | 345,000 | 10,897 | 1.300000 | October 2021 |
(1) | Holders are entitled to receive, when and as authorized by the Board of Directors, cumulative preferential cash dividends. |
(2) | Representing 1/100th of a preferred share. Series E issuance included 1,500,000 depositary shares in connection with the underwriters' over-allotment. Series F issuance included 1,800,000 depositary shares in connection with the underwriters' over-allotment. |
(3) | Consisting primarily of underwriting commissions and fees, rating agency fees, legal and accounting fees and printing expenses. |
2018 | 2017 | 2016 | |||||||||
Shares of common stock | 311,048 | 229,696 | 187,626 | ||||||||
Net proceeds | $ | 13,264 | $ | 9,391 | $ | 8,340 |
2018 ATM | 2016 ATM | 2015 ATM | ||||||
Established date | February 2018 | March 2016 | February 2015 | |||||
Termination date | February 2021 | February 2018 | March 2016 | |||||
Total allowable shares | 12,000,000 | 12,000,000 | 10,000,000 | |||||
Total shares issued as of December 31, 2018 | 7,378,163 | 10,044,656 | 9,852,465 |
Year Ended December 31, | |||||||||||
2018 | 2017 | 2016 | |||||||||
Shares of common stock | 7,378,163 | 5,821,366 | 5,716,222 | ||||||||
Average price per share (net) | $ | 44.48 | $ | 41.88 | $ | 46.48 | |||||
Net proceeds | $ | 328,196 | $ | 243,822 | $ | 265,696 | |||||
Stock issuance costs(1) | $ | 3,821 | $ | 3,782 | $ | 4,266 |
2018 | 2017 | 2016 | |||||||||
Dividends | $ | 303,164 | $ | 277,120 | $ | 257,007 | |||||
Per share | 1.950 | 1.860 | 1.780 |
2018 | 2017 | 2016 | |||||||||
Ordinary dividends | $ | 1.658604 | (1) | $ | 1.559781 | $ | 1.513705 | ||||
Capital gain | 0.015534 | 0.035041 | — | ||||||||
Unrecaptured Section 1250 Gain | 0.042818 | 0.012194 | — | ||||||||
Nontaxable distributions | 0.233044 | 0.252984 | 0.266295 | ||||||||
$ | 1.950000 | $ | 1.860000 | $ | 1.780000 |
(1) | Eligible for the 20% qualified business income deduction under section 199A of the Code that was established by the Tax Cuts and Jobs Act signed into law on December 22, 2017 ("TCJA"). |
Series F(1) | Series E(2) | Series D(3) | |||||||||||||||||||||||||||||
2018 | 2017 | 2016 | 2018 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
Ordinary dividends | $ | 1.255820 | (4) | $ | 1.261789 | $ | 0.231111 | $ | 1.376571 | (4) | $ | 1.383115 | $ | 1.425000 | $ | 0.303652 | $ | 1.656250 | |||||||||||||
Capital gain | 0.011761 | 0.028345 | — | 0.012892 | 0.031071 | — | 0.006821 | — | |||||||||||||||||||||||
Unrecaptured Section 1250 Gain | 0.032419 | 0.009866 | — | 0.035537 | 0.010814 | — | 0.002374 | — | |||||||||||||||||||||||
Dividend paid per share | $ | 1.300000 | $ | 1.300000 | $ | 0.231111 | $ | 1.425000 | $ | 1.425000 | $ | 1.425000 | $ | 0.312847 | $ | 1.656250 | |||||||||||||||
Dividends declared and paid | $ | 17,940 | $ | 17,940 | $ | 3,189 | $ | 16,387 | $ | 16,387 | $ | 16,387 | $ | 3,598 | $ | 19,047 |
2018 | 2017 | ||||||
Deferred tax assets: | |||||||
Net operating loss carryforward | $ | 3,899 | $ | 3,899 | |||
Valuation allowance | (3,858 | ) | (3,858 | ) | |||
Total deferred tax assets | 41 | 41 | |||||
Deferred tax liabilities: | |||||||
Built-in gain | (41 | ) | (41 | ) | |||
Total deferred tax liabilities | (41 | ) | (41 | ) | |||
Net deferred tax asset | $ | — | $ | — |
2018 | 2017(1) | 2016 | |||||||||
Loss carryforwards increase (decrease) | $ | — | $ | (2,019 | ) | $ | 55 | ||||
Built-in gain tax liability | — | 134 | 22 | ||||||||
Valuation allowance (increase) decrease | — | 1,885 | (77 | ) | |||||||
Total tax expense | $ | — | $ | — | $ | — |
(1) | The changes for the year ended December 31, 2017, includes an amount attributable to the federal tax rate change within the TCJA. The net income statement effect of the federal rate change is zero. |
Terminated | Description | Aggregate Notional Amount | Liability (Asset) Fair Value When Terminated | Fair Value Deferred In Other Comprehensive Income(1) | ||||||
April 2013 | Four forward starting swaps | $ | 240,000 | $ | 3,156 | $ | 3,141 | |||
May 2014 | Three forward starting swaps | 225,000 | 6,312 | 6,312 | ||||||
October 2015 | Four forward starting swaps | 300,000 | 13,369 | 13,369 | ||||||
December 2016 | Two forward starting swaps | 180,000 | (13,352 | ) | (13,345 | ) | ||||
September 2017 | Two forward starting swaps | 250,000 | 7,690 | 7,688 | ||||||
September 2018 | Two forward starting swaps | 250,000 | (4,080 | ) | (4,080 | ) |
Number of Shares | Weighted Average Share Price | |||||
Non-vested restricted shares, January 1 | 735,323 | $ | 42.65 | |||
Restricted shares granted | 291,281 | 37.06 | ||||
Restricted shares vested | (175,243 | ) | 40.43 | |||
Restricted shares forfeited | (67,153 | ) | 41.00 | |||
Restricted shares repurchased | (2,644 | ) | 40.43 | |||
Non-vested restricted shares, December 31(1) | 781,564 | 41.21 |
(1) | Includes grants made in 2015 and 2016 pursuant to the 2007 Plan to NNN's retired CEO. The performance criteria will be complete January 1, 2019 and 2020, respectively. |
Shares | Weighted Average Share Price | |||||
Other share grants under the 2017 Plan: | ||||||
Directors’ fees | 15,712 | $ | 41.75 | |||
Deferred directors’ fees | 24,869 | 41.89 | ||||
40,581 | 41.84 | |||||
Shares available under the 2017 Plan for grant, end of period | 1,471,231 |
2018 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | ||||||||||||
Revenues as originally reported | $ | 152,861 | $ | 155,555 | $ | 155,526 | $ | 160,529 | ||||||||
Net earnings | 103,289 | 70,583 | 82,042 | 36,572 | ||||||||||||
Net earnings attributable to NNN | 103,280 | 70,573 | 82,032 | 36,562 | ||||||||||||
Net earnings per share(1): | ||||||||||||||||
Basic | $ | 0.62 | $ | 0.40 | $ | 0.47 | $ | 0.17 | ||||||||
Diluted | 0.62 | 0.40 | 0.47 | 0.17 | ||||||||||||
2017 | ||||||||||||||||
Revenues as originally reported | $ | 141,569 | $ | 145,587 | $ | 147,769 | $ | 150,330 | ||||||||
Net earnings | 73,648 | 58,409 | 61,129 | 72,185 | ||||||||||||
Net earnings attributable to NNN | 73,657 | 58,028 | 61,120 | 72,168 | ||||||||||||
Net earnings per share(1): | ||||||||||||||||
Basic | $ | 0.35 | $ | 0.33 | $ | 0.35 | $ | 0.42 | ||||||||
Diluted | 0.35 | 0.33 | 0.35 | 0.42 |
(1) | Calculated independently for each period and consequently, the sum of the quarters may differ from the annual amount. |
Item 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure |
Item 9A. | Controls and Procedures |
• | pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of NNN’s assets; |
• | provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that NNN’s receipts and expenditures are being made in accordance with authorizations of management or the Board of Directors; and |
• | provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of NNN’s assets that could have a material adverse effect on NNN’s financial statements. |
Item 9B. | Other Information |
Item 10. | Directors, Executive Officers and Corporate Governance |
Item 11. | Executive Compensation |
Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters |
Item 13. | Certain Relationships and Related Transactions, and Director Independence |
Item 14. | Principal Accountant Fees and Services |
Item 15. | Exhibits and Financial Statement Schedules |
(a) | The following documents are filed as part of this report | ||||
(1) | Financial Statements | ||||
(2) | Financial Statement Schedules | ||||
Schedule III – Real Estate and Accumulated Depreciation and Amortization and Notes as of December 31, 2018 | |||||
All other schedules are omitted because they are not applicable or because the required information is shown in the financial statements or the notes thereto. | |||||
(3) | Exhibits |
3. | Articles of Incorporation and Bylaws | |||
3.1 | ||||
3.2 | ||||
3.3 | ||||
3.4 | ||||
3.5 | ||||
3.6 | ||||
3.7 | ||||
4. | Instruments Defining the Rights of Security Holders, Including Indentures | |||
4.1 | Specimen Certificate of Common Stock, par value $0.01 per share, of the Registrant (filed as Exhibit 3.4 to the Registrant’s Registration Statement No. 1-11290 on Form 8-B filed with the Securities and Exchange Commission and incorporated herein by reference). | |||
4.2 | ||||
4.3 | ||||
4.4 | ||||
4.5 | ||||
4.6 | ||||
4.7 | ||||
4.8 | ||||
4.9 | ||||
4.10 | ||||
4.11 | ||||
4.12 | ||||
4.13 | ||||
4.14 | ||||
4.15 | ||||
4.16 | ||||
4.17 | ||||
4.18 | ||||
4.19 | ||||
4.20 | ||||
4.21 | ||||
4.22 | ||||
4.23 | ||||
10. | Material Contracts | |||
10.1 | ||||
10.2 | ||||
10.3 | ||||
10.4 | ||||
10.5 | ||||
10.6 |
10.7 | ||||
10.8 | ||||
10.9 | ||||
10.10 | ||||
10.11 | ||||
10.12 | ||||
10.13 | ||||
10.14 | ||||
10.15 | ||||
10.16 | ||||
10.17 | ||||
10.18 | ||||
10.19 | ||||
10.20 | ||||
10.21 | ||||
10.22 | ||||
10.23 | ||||
10.24 | ||||
10.25 | ||||
10.26 | ||||
10.27 | ||||
10.28 | ||||
21. | ||||
23. | Consent of Independent Registered Public Accounting Firm | |||
23.1 | ||||
24. | Power of Attorney (included on signature page). | |||
31. | Section 302 Certifications | |||
31.1 | ||||
31.2 | ||||
32. | Section 906 Certifications | |||
32.1 | ||||
32.2 | ||||
99. | Additional Exhibits | |||
99.1 | ||||
101. | Interactive Data File | |||
101.1 | The following materials from National Retail Properties, Inc. Annual Report on Form 10-K for the period ended December 31, 2018, are formatted in Extensible Business Reporting Language: (i) consolidated balance sheets, (ii) consolidated statements of comprehensive income, (iii) consolidated statements of stockholders' equity (iv) consolidated statements of cash flows, and (v) notes to consolidated financial statements. |
NATIONAL RETAIL PROPERTIES, INC. | ||
By: | /s/ Julian E. Whitehurst | |
Julian E. Whitehurst | ||
Chief Executive Officer, President and Director |
Signature | Title | Date | ||
/s/ Julian E. Whitehurst | Chief Executive Officer, President and Director | February 12, 2019 | ||
Julian E. Whitehurst | ||||
/s/ Don DeFosset | Chairman of the Board | February 12, 2019 | ||
Don DeFosset | ||||
/s/ Pamela K. Beall | Director | February 12, 2019 | ||
Pamela K. Beall | ||||
/s/ Steven D. Cosler | Director | February 12, 2019 | ||
Steven D. Cosler | ||||
/s/ David M. Fick | Director | February 12, 2019 | ||
David M. Fick | ||||
/s/ Edward J. Fritsch | Director | February 12, 2019 | ||
Edward J. Fritsch | ||||
______________ | Director | |||
Betsy D. Holden | ||||
/s/ Sam L. Susser | Director | February 12, 2019 | ||
Sam L. Susser | ||||
/s/ Kevin B. Habicht | Director, Chief Financial Officer (Principal Financial Officer), Executive Vice President, Assistant Secretary and Treasurer | February 12, 2019 | ||
Kevin B. Habicht | ||||
/s/ Michelle L. Miller | Chief Accounting Officer (Principal Accounting Officer) and Executive Vice President | February 12, 2019 | ||
Michelle L. Miller | ||||
3. | Articles of Incorporation and Bylaws | ||
3.1 | |||
3.2 | |||
3.3 | |||
3.4 | |||
3.5 | |||
3.6 | |||
3.7 | |||
4. | Instruments Defining the Rights of Security Holders, Including Indentures | ||
4.1 | Specimen Certificate of Common Stock, par value $0.01 per share, of the Registrant (filed as Exhibit 3.4 to the Registrant’s Registration Statement No. 1-11290 on Form 8-B filed with the Securities and Exchange Commission and incorporated herein by reference). | ||
4.2 | |||
4.3 | |||
4.4 | |||
4.5 | |||
4.6 | |||
4.7 | |||
4.8 | |||
4.9 | |||
4.10 | |||
4.11 | |||
4.12 | |||
4.13 | |||
4.14 | |||
4.15 | |||
4.16 | |||
4.17 | |||
4.18 | |||
4.19 | |||
4.20 | |||
4.21 | |||
4.22 | |||
4.23 | |||
10. | Material Contracts | ||
10.1 | |||
10.2 | |||
10.3 | |||
10.4 | |||
10.5 | |||
10.6 | |||
10.7 | |||
10.8 | |||
10.9 | |||
10.10 | |||
10.11 | |||
10.12 | |||
10.13 | |||
10.14 | |||
10.15 | |||
10.16 | |||
10.17 | |||
10.18 | |||
10.19 | |||
10.20 | |||
10.21 | |||
10.22 | |||
10.23 | |||
10.24 | |||
10.25 | |||
10.26 | |||
10.27 | |||
10.28 | |||
21. | |||
23. | Consent of Independent Registered Public Accounting Firm | ||
23.1 | |||
24. | Power of Attorney (included on signature page). | ||
31. | Section 302 Certifications | ||
31.1 | |||
31.2 | |||
32. | Section 906 Certifications | ||
32.1 | |||
32.2 | |||
99. | Additional Exhibits | ||
99.1 | |||
101. | Interactive Data File | ||
101.1 | The following materials from National Retail Properties, Inc. Annual Report on Form 10-K for the period ended December 31, 2018, are formatted in Extensible Business Reporting Language: (i) consolidated balance sheets, (ii) consolidated statements of comprehensive income, (iii) consolidated statements of stockholders' equity (iv) consolidated statements of cash flows, and (v) notes to consolidated financial statements. |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | |||||||||||||||||||||||||||||||||||||||||
7-Eleven: | |||||||||||||||||||||||||||||||||||||||||
Tampa, FL | $ | — | $ | 1,081 | $ | 917 | $ | — | $ | — | $ | 1,070 | $ | 917 | $ | 1,987 | $ | 454 | 1999 | 12/98 | (g) | 40 | |||||||||||||||||||
Austin, TX | — | 900 | 3,571 | — | — | 900 | 3,571 | 4,471 | 727 | 2004 | 11/11 | 35 | |||||||||||||||||||||||||||||
Austin, TX | — | 259 | 1,361 | — | — | 259 | 1,361 | 1,620 | 388 | 1985 | 11/11 | 25 | |||||||||||||||||||||||||||||
Austin, TX | — | 1,101 | 2,987 | — | — | 1,101 | 2,987 | 4,088 | 608 | 2006 | 11/11 | 35 | |||||||||||||||||||||||||||||
Beaumont, TX | — | 239 | 2,031 | — | — | 239 | 2,031 | 2,270 | 413 | 2002 | 11/11 | 35 | |||||||||||||||||||||||||||||
Beaumont, TX | — | 124 | 2,968 | — | — | 124 | 2,968 | 3,092 | 705 | 1996 | 11/11 | 30 | |||||||||||||||||||||||||||||
Beaumont, TX | — | 115 | 1,543 | — | — | 115 | 1,543 | 1,658 | 366 | 1996 | 11/11 | 30 | |||||||||||||||||||||||||||||
Bloomington, TX | — | 38 | 3,093 | — | — | 38 | 3,093 | 3,131 | 881 | 1985 | 11/11 | 25 | |||||||||||||||||||||||||||||
Bryan, TX | — | 479 | 3,561 | — | — | 479 | 3,561 | 4,040 | 846 | 2000 | 11/11 | 30 | |||||||||||||||||||||||||||||
Canyon Lake, TX | — | 144 | 1,830 | — | — | 144 | 1,830 | 1,974 | 522 | 1977 | 11/11 | 25 | |||||||||||||||||||||||||||||
Cedar Park, TX | — | 833 | 1,705 | — | — | 833 | 1,705 | 2,538 | 347 | 2002 | 11/11 | 35 | |||||||||||||||||||||||||||||
College Station, TX | — | 393 | 3,342 | — | — | 393 | 3,342 | 3,735 | 794 | 2000 | 11/11 | 30 | |||||||||||||||||||||||||||||
Corpus Christi, TX | — | 383 | 3,093 | — | — | 383 | 3,093 | 3,476 | 630 | 2006 | 11/11 | 35 | |||||||||||||||||||||||||||||
Edinburg, TX | — | 431 | 2,193 | — | — | 431 | 2,193 | 2,624 | 521 | 1999 | 11/11 | 30 | |||||||||||||||||||||||||||||
Edna, TX | — | 67 | 1,897 | — | — | 67 | 1,897 | 1,964 | 541 | 1976 | 11/11 | 25 | |||||||||||||||||||||||||||||
Kingsland, TX | — | 153 | 2,691 | — | — | 153 | 2,691 | 2,844 | 767 | 1972 | 11/11 | 25 | |||||||||||||||||||||||||||||
Kingsville, TX | — | 163 | 1,485 | — | — | 163 | 1,485 | 1,648 | 423 | 1990 | 11/11 | 25 | |||||||||||||||||||||||||||||
Laredo, TX | — | 412 | 1,476 | — | — | 412 | 1,476 | 1,888 | 350 | 2001 | 11/11 | 30 | |||||||||||||||||||||||||||||
Palacios, TX | — | 29 | 1,667 | — | — | 29 | 1,667 | 1,696 | 475 | 1984 | 11/11 | 25 | |||||||||||||||||||||||||||||
Pflugerville, TX | — | 996 | 2,336 | — | — | 996 | 2,336 | 3,332 | 476 | 2002 | 11/11 | 35 | |||||||||||||||||||||||||||||
Rio Bravo, TX | — | 355 | 1,351 | — | — | 355 | 1,351 | 1,706 | 275 | 2002 | 11/11 | 35 | |||||||||||||||||||||||||||||
Round Rock, TX | — | 661 | 1,140 | — | — | 661 | 1,140 | 1,801 | 271 | 2000 | 11/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 441 | 1,313 | — | — | 441 | 1,313 | 1,754 | 312 | 1999 | 11/11 | 30 | |||||||||||||||||||||||||||||
Victoria, TX | — | 259 | 2,346 | — | — | 259 | 2,346 | 2,605 | 557 | 1984 | 11/11 | 30 | |||||||||||||||||||||||||||||
Victoria, TX | — | 431 | 2,298 | — | — | 431 | 2,298 | 2,729 | 546 | 1986 | 11/11 | 30 | |||||||||||||||||||||||||||||
West Orange, TX | — | 220 | 2,088 | — | — | 220 | 2,088 | 2,308 | 496 | 1993 | 11/11 | 30 | |||||||||||||||||||||||||||||
Winnie, TX | — | 115 | 4,566 | — | — | 115 | 4,566 | 4,681 | 930 | 2002 | 11/11 | 35 | |||||||||||||||||||||||||||||
Austin, TX | — | 612 | 2,775 | — | — | 612 | 2,775 | 3,387 | 651 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 1,215 | 4,524 | — | — | 1,215 | 4,524 | 5,739 | 910 | 2004 | 12/11 | 35 | |||||||||||||||||||||||||||||
Austin, TX | — | 612 | 3,061 | — | — | 612 | 3,061 | 3,673 | 719 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 689 | 1,732 | — | — | 689 | 1,732 | 2,421 | 407 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 880 | 1,790 | — | — | 880 | 1,790 | 2,670 | 420 | 1998 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 861 | 3,004 | — | — | 861 | 3,004 | 3,865 | 705 | 2001 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 775 | 4,677 | — | — | 775 | 4,677 | 5,452 | 1,098 | 1996 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 488 | 2,163 | — | — | 488 | 2,163 | 2,651 | 508 | 2000 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 679 | 1,905 | — | — | 679 | 1,905 | 2,584 | 447 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 756 | 2,870 | — | — | 756 | 2,870 | 3,626 | 674 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
Austin, TX | — | 938 | 1,436 | — | — | 938 | 1,436 | 2,374 | 337 | 1998 | 12/11 | 30 | |||||||||||||||||||||||||||||
Cedar Park, TX | — | 536 | 1,914 | — | — | 536 | 1,914 | 2,450 | 449 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 985 | 3,253 | — | — | 976 | 3,253 | 4,229 | 763 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 899 | 2,593 | — | — | 899 | 2,593 | 3,492 | 522 | 2002 | 12/11 | 35 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 919 | 2,344 | — | — | 919 | 2,344 | 3,263 | 472 | 2002 | 12/11 | 35 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 631 | 2,851 | — | — | 631 | 2,851 | 3,482 | 669 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 412 | 2,010 | — | — | 412 | 2,010 | 2,422 | 472 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 545 | 3,148 | — | — | 545 | 3,148 | 3,693 | 739 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 766 | 1,474 | — | — | 766 | 1,474 | 2,240 | 346 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 947 | 2,535 | — | — | 947 | 2,535 | 3,482 | 595 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 469 | 2,727 | — | — | 469 | 2,727 | 3,196 | 640 | 1998 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 679 | 2,937 | — | — | 679 | 2,937 | 3,616 | 689 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 632 | 1,991 | — | — | 632 | 1,991 | 2,623 | 467 | 2001 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 603 | 2,048 | — | — | 603 | 2,048 | 2,651 | 481 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 411 | 2,555 | — | — | 411 | 2,555 | 2,966 | 600 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 517 | 2,670 | — | — | 517 | 2,670 | 3,187 | 627 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX | — | 909 | 1,359 | — | — | 904 | 1,359 | 2,263 | 319 | 1999 | 12/11 | 30 | |||||||||||||||||||||||||||||
Universal City, TX | — | 699 | 1,675 | — | — | 699 | 1,675 | 2,374 | 393 | 2001 | 12/11 | 30 | |||||||||||||||||||||||||||||
Belpre, OH | — | 408 | 759 | — | — | 408 | 759 | 1,167 | 135 | 1990 | 07/14 | 25 | |||||||||||||||||||||||||||||
Charleston, WV | — | 549 | 729 | — | — | 549 | 729 | 1,278 | 108 | 1995 | 07/14 | 30 | |||||||||||||||||||||||||||||
Charleston, WV | — | 689 | 974 | — | — | 689 | 974 | 1,663 | 145 | 1970 | 07/14 | 30 | |||||||||||||||||||||||||||||
Clarksburg, WV | — | 390 | 613 | — | — | 390 | 613 | 1,003 | 109 | 1978 | 07/14 | 25 | |||||||||||||||||||||||||||||
Mannington, WV | — | 218 | 745 | — | — | 218 | 745 | 963 | 111 | 1996 | 07/14 | 30 | |||||||||||||||||||||||||||||
N. Belle Vernon, PA | — | 438 | 1,165 | — | — | 438 | 1,165 | 1,603 | 208 | 1996 | 07/14 | 25 | |||||||||||||||||||||||||||||
New Castle, PA | — | 292 | 617 | — | — | 292 | 617 | 909 | 92 | 1983 | 07/14 | 30 | |||||||||||||||||||||||||||||
Parkersburg, WV | — | 422 | 739 | — | — | 422 | 739 | 1,161 | 110 | 1985 | 07/14 | 30 | |||||||||||||||||||||||||||||
Parkersburg, WV | — | 298 | 782 | — | — | 298 | 782 | 1,080 | 139 | 1988 | 07/14 | 25 | |||||||||||||||||||||||||||||
Weston, WV | — | 114 | 583 | — | — | 114 | 583 | 697 | 87 | 1995 | 07/14 | 30 | |||||||||||||||||||||||||||||
7-Eleven (Susser/Stripes): | |||||||||||||||||||||||||||||||||||||||||
Laredo, TX | — | 841 | 739 | — | — | 841 | 739 | 1,580 | 241 | 2001 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 933 | 699 | — | — | 933 | 699 | 1,632 | 228 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 1,182 | 1,105 | — | — | 1,182 | 1,105 | 2,287 | 360 | 2000 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 2,530 | 1,125 | — | — | 2,530 | 1,125 | 3,655 | 367 | 1990 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 1,015 | 1,308 | — | — | 1,015 | 1,308 | 2,323 | 426 | 2003 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 1,843 | 1,419 | — | — | 1,843 | 1,419 | 3,262 | 463 | 2000 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 1,039 | 1,145 | — | — | 1,039 | 1,145 | 2,184 | 373 | 2004 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 1,392 | 1,444 | — | — | 1,392 | 1,444 | 2,836 | 471 | 2005 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 2,915 | 1,800 | — | — | 2,915 | 1,800 | 4,715 | 587 | 2000 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 1,279 | 1,015 | — | — | 1,279 | 1,015 | 2,294 | 331 | 1990 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 2,417 | 1,828 | — | — | 2,417 | 1,828 | 4,245 | 596 | 2000 | 12/05 | 40 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 2,033 | 1,288 | — | — | 2,033 | 1,288 | 3,321 | 420 | 1995 | 12/05 | 40 | |||||||||||||||||||||||||||||
Corpus Christi, TX | — | 853 | 1,416 | — | — | 853 | 1,416 | 2,269 | 462 | 2005 | 12/05 | 40 | |||||||||||||||||||||||||||||
Corpus Christi, TX | — | 703 | 1,037 | — | — | 703 | 1,037 | 1,740 | 338 | 1986 | 12/05 | 40 | |||||||||||||||||||||||||||||
Corpus Christi, TX | — | 1,308 | 2,151 | — | — | 1,308 | 2,151 | 3,459 | 701 | 1995 | 12/05 | 40 | |||||||||||||||||||||||||||||
Corpus Christi, TX | — | 1,385 | 1,419 | — | — | 1,385 | 1,419 | 2,804 | 463 | 1982 | 12/05 | 40 | |||||||||||||||||||||||||||||
Corpus Christi, TX | — | 1,400 | 1,531 | — | — | 1,400 | 1,531 | 2,931 | 499 | 1984 | 12/05 | 40 | |||||||||||||||||||||||||||||
Donna, TX | — | 1,004 | 1,127 | — | — | 1,004 | 1,127 | 2,131 | 367 | 1995 | 12/05 | 40 | |||||||||||||||||||||||||||||
Edinburg, TX | — | 1,317 | 1,624 | — | — | 1,317 | 1,624 | 2,941 | 529 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Edinburg, TX | — | 970 | 1,286 | — | — | 970 | 1,286 | 2,256 | 419 | 2003 | 12/05 | 40 | |||||||||||||||||||||||||||||
Falfurias, TX | — | 4,244 | 4,458 | — | — | 4,213 | 4,458 | 8,671 | 1,453 | 2002 | 12/05 | 40 | |||||||||||||||||||||||||||||
Freer, TX | — | 1,151 | 1,158 | — | — | 1,151 | 1,158 | 2,309 | 378 | 1984 | 12/05 | 40 | |||||||||||||||||||||||||||||
George West, TX | — | 1,243 | 695 | — | — | 1,243 | 695 | 1,938 | 227 | 1996 | 12/05 | 40 | |||||||||||||||||||||||||||||
Harlingen, TX | — | 755 | 601 | — | — | 755 | 601 | 1,356 | 196 | 1987 | 12/05 | 40 | |||||||||||||||||||||||||||||
Harlingen, TX | — | 754 | 1,152 | — | — | 754 | 1,152 | 1,906 | 376 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Harlingen, TX | — | 906 | 953 | — | — | 906 | 953 | 1,859 | 311 | 1991 | 12/05 | 40 | |||||||||||||||||||||||||||||
La Feria, TX | — | 900 | 1,347 | — | — | 900 | 1,347 | 2,247 | 439 | 1988 | 12/05 | 40 | |||||||||||||||||||||||||||||
Laredo, TX | — | 1,495 | 1,400 | — | — | 1,495 | 1,400 | 2,895 | 457 | 1993 | 12/05 | 40 | |||||||||||||||||||||||||||||
Laredo, TX | — | 736 | 670 | — | — | 736 | 670 | 1,406 | 219 | 1984 | 12/05 | 40 | |||||||||||||||||||||||||||||
Laredo, TX | — | 675 | 533 | — | — | 675 | 533 | 1,208 | 174 | 1993 | 12/05 | 40 | |||||||||||||||||||||||||||||
Laredo, TX | — | 1,553 | 1,775 | — | — | 1,553 | 1,775 | 3,328 | 579 | 2000 | 12/05 | 40 | |||||||||||||||||||||||||||||
Los Indios, TX | — | 1,387 | 1,457 | — | — | 1,387 | 1,457 | 2,844 | 475 | 2005 | 12/05 | 40 | |||||||||||||||||||||||||||||
McAllen, TX | — | 975 | 1,030 | — | — | 975 | 1,030 | 2,005 | 336 | 2003 | 12/05 | 40 | |||||||||||||||||||||||||||||
McAllen, TX | — | 987 | 893 | — | — | 987 | 893 | 1,880 | 291 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Mission, TX | — | 880 | 1,101 | — | — | 880 | 1,101 | 1,981 | 359 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Mission, TX | — | 1,125 | 1,213 | — | — | 1,125 | 1,213 | 2,338 | 396 | 2003 | 12/05 | 40 | |||||||||||||||||||||||||||||
Olmito, TX | — | 3,688 | 2,880 | — | — | 3,688 | 2,880 | 6,568 | 939 | 2002 | 12/05 | 40 | |||||||||||||||||||||||||||||
Pharr, TX | — | 982 | 1,178 | — | — | 982 | 1,178 | 2,160 | 384 | 1988 | 12/05 | 40 | |||||||||||||||||||||||||||||
Pharr, TX | — | 2,426 | 1,881 | — | — | 2,426 | 1,881 | 4,307 | 613 | 2003 | 12/05 | 40 | |||||||||||||||||||||||||||||
Pharr, TX | — | 784 | 805 | — | — | 784 | 805 | 1,589 | 262 | 2000 | 12/05 | 40 | |||||||||||||||||||||||||||||
Port Isabel, TX | — | 2,062 | 1,299 | — | — | 2,062 | 1,299 | 3,361 | 423 | 1994 | 12/05 | 40 | |||||||||||||||||||||||||||||
Portland, TX | — | 656 | 915 | — | — | 656 | 915 | 1,571 | 298 | 1983 | 12/05 | 40 | |||||||||||||||||||||||||||||
Progreso, TX | — | 1,769 | 1,811 | — | — | 1,769 | 1,811 | 3,580 | 591 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Riviera, TX | — | 2,351 | 2,158 | — | — | 2,351 | 2,158 | 4,509 | 704 | 2005 | 12/05 | 40 | |||||||||||||||||||||||||||||
San Benito, TX | — | 791 | 1,857 | — | — | 791 | 1,857 | 2,648 | 606 | 1994 | 12/05 | 40 | |||||||||||||||||||||||||||||
San Benito, TX | — | 1,103 | 1,586 | — | — | 1,103 | 1,586 | 2,689 | 517 | 2005 | 12/05 | 40 | |||||||||||||||||||||||||||||
San Juan, TX | — | 1,424 | 1,546 | — | — | 1,424 | 1,546 | 2,970 | 504 | 2004 | 12/05 | 40 | |||||||||||||||||||||||||||||
San Juan, TX | — | 1,124 | 1,172 | — | — | 1,124 | 1,172 | 2,296 | 382 | 1996 | 12/05 | 40 | |||||||||||||||||||||||||||||
South Padre Island, TX | — | 1,367 | 1,389 | — | — | 1,367 | 1,389 | 2,756 | 453 | 1988 | 12/05 | 40 | |||||||||||||||||||||||||||||
Palmview, TX | — | 835 | 1,372 | — | — | 835 | 1,372 | 2,207 | 419 | 2005 | 10/06 | 40 | |||||||||||||||||||||||||||||
Harlingen, TX | — | 638 | 1,807 | — | — | 638 | 1,807 | 2,445 | 544 | 2006 | 12/06 | 40 | |||||||||||||||||||||||||||||
Rio Grande City, TX | — | 1,871 | 1,612 | — | — | 1,871 | 1,612 | 3,483 | 485 | 2006 | 12/06 | 40 | |||||||||||||||||||||||||||||
San Juan, TX | — | 816 | 1,434 | — | — | 816 | 1,434 | 2,250 | 432 | 2006 | 12/06 | 40 | |||||||||||||||||||||||||||||
Zapata, TX | — | 1,333 | 1,773 | — | — | 1,333 | 1,773 | 3,106 | 534 | 2006 | 12/06 | 40 | |||||||||||||||||||||||||||||
Orange Grove, TX | — | 1,767 | 1,838 | — | — | 1,767 | 1,838 | 3,605 | 538 | 2007 | 04/07 | 40 | |||||||||||||||||||||||||||||
Harlingen, TX | — | 408 | 826 | — | — | 408 | 826 | 1,234 | 306 | 1982 | 11/07 | 30 | |||||||||||||||||||||||||||||
Laredo, TX | — | 348 | 1,168 | — | — | 348 | 1,168 | 1,516 | 433 | 1983 | 11/07 | 30 | |||||||||||||||||||||||||||||
Laredo, TX | — | 468 | 728 | — | — | 468 | 728 | 1,196 | 270 | 1973 | 11/07 | 30 | |||||||||||||||||||||||||||||
Laredo, TX | — | 584 | 958 | — | — | 584 | 958 | 1,542 | 355 | 1981 | 11/07 | 30 | |||||||||||||||||||||||||||||
Laredo, TX | — | 698 | 1,169 | — | — | 698 | 1,169 | 1,867 | 433 | 1981 | 11/07 | 30 | |||||||||||||||||||||||||||||
Laredo, TX | — | 448 | 734 | — | — | 448 | 734 | 1,182 | 272 | 1981 | 11/07 | 30 | |||||||||||||||||||||||||||||
San Benito, TX | — | 420 | 1,135 | — | — | 420 | 1,135 | 1,555 | 421 | 1985 | 11/07 | 30 | |||||||||||||||||||||||||||||
Del Rio, TX | — | 1,565 | 758 | — | — | 1,565 | 758 | 2,323 | 211 | 1996 | 11/07 | 40 | |||||||||||||||||||||||||||||
Kerrville, TX | — | 640 | 1,616 | — | — | 640 | 1,616 | 2,256 | 450 | 1996 | 11/07 | 40 | |||||||||||||||||||||||||||||
Pharr, TX | — | 573 | 1,229 | — | — | 573 | 1,229 | 1,802 | 339 | 2000 | 12/07 | 40 | |||||||||||||||||||||||||||||
Harlingen, TX | — | 277 | 808 | — | — | 277 | 808 | 1,085 | 295 | 1983 | 01/08 | 30 | |||||||||||||||||||||||||||||
Laredo, TX | — | 325 | 816 | — | — | 325 | 816 | 1,141 | 298 | 1983 | 01/08 | 30 | |||||||||||||||||||||||||||||
McAllen, TX | — | 643 | 1,776 | — | — | 643 | 1,776 | 2,419 | 649 | 1980 | 01/08 | 30 | |||||||||||||||||||||||||||||
Port Isabel, TX | — | 299 | 855 | — | — | 299 | 855 | 1,154 | 312 | 1983 | 01/08 | 30 | |||||||||||||||||||||||||||||
Brownsville, TX | — | 843 | 1,429 | — | — | 843 | 1,429 | 2,272 | 380 | 2007 | 05/08 | 40 | |||||||||||||||||||||||||||||
Edinburg, TX | — | 834 | 1,787 | — | — | 834 | 1,787 | 2,621 | 475 | 2007 | 05/08 | 40 | |||||||||||||||||||||||||||||
La Villa, TX | — | 710 | 2,166 | — | — | 710 | 2,166 | 2,876 | 575 | 2007 | 05/08 | 40 | |||||||||||||||||||||||||||||
Laredo, TX | — | 879 | 1,593 | — | — | 879 | 1,593 | 2,472 | 423 | 2007 | 05/08 | 40 | |||||||||||||||||||||||||||||
Laredo, TX | — | 1,183 | 1,934 | — | — | 1,183 | 1,934 | 3,117 | 514 | 2007 | 05/08 | 40 | |||||||||||||||||||||||||||||
McAllen, TX | — | 1,270 | 2,383 | — | — | 1,270 | 2,383 | 3,653 | 844 | 1986 | 05/08 | 30 | |||||||||||||||||||||||||||||
Aaron's: | |||||||||||||||||||||||||||||||||||||||||
Memphis, TN | — | 416 | — | 1,320 | — | 416 | 1,320 | 1,736 | 664 | 1998 | 12/97 | (g) | 40 | ||||||||||||||||||||||||||||
Abra Auto Body: | |||||||||||||||||||||||||||||||||||||||||
Naperville, IL | — | 305 | 1,145 | — | — | 305 | 1,145 | 1,450 | 10 | 1993 | 10/18 | 25 | |||||||||||||||||||||||||||||
Naperville, IL | — | 211 | 1,163 | — | — | 211 | 1,163 | 1,374 | 12 | 1985 | 10/18 | 20 | |||||||||||||||||||||||||||||
Schiller Park, IL | — | 439 | 2,374 | — | — | 439 | 2,374 | 2,813 | 25 | 1970 | 10/18 | 20 | |||||||||||||||||||||||||||||
Academy: | |||||||||||||||||||||||||||||||||||||||||
Franklin, TN | — | 1,807 | 2,108 | — | — | 1,589 | 2,108 | 3,697 | 952 | 1999 | 06/05 | 30 | |||||||||||||||||||||||||||||
Baton Rouge, LA | — | 1,511 | 4,861 | — | — | 1,511 | 4,861 | 6,372 | 284 | 2003 | 07/17 | 25 | |||||||||||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Ace Hardware and Lighting: | ||||||||||||||||||||||||||||||||
Bourbonnais, IL | — | 298 | 1,329 | — | — | 298 | 1,329 | 1,627 | 620 | 1997 | 11/98 | 37 | ||||||||||||||||||||
Advance Auto Parts: | ||||||||||||||||||||||||||||||||
Miami, FL | — | 867 | — | 1,035 | — | 867 | 1,035 | 1,902 | 350 | 2005 | 12/04 | (g) | 40 | |||||||||||||||||||
Abbeville, LA | — | 23 | 148 | — | — | 23 | 148 | 171 | 59 | 1970 | 12/10 | 20 | ||||||||||||||||||||
Abbotsford, WI | — | 56 | 163 | — | — | 56 | 163 | 219 | 52 | 1984 | 12/10 | 25 | ||||||||||||||||||||
Aberdeen, SD (n) | — | 71 | 329 | — | — | 71 | 329 | 400 | 132 | 1961 | 12/10 | 20 | ||||||||||||||||||||
Addison, IL | — | 76 | 314 | — | — | 76 | 314 | 390 | 101 | 1971 | 12/10 | 25 | ||||||||||||||||||||
Alsip, IL | — | 57 | 323 | — | — | 57 | 323 | 380 | 130 | 1972 | 12/10 | 20 | ||||||||||||||||||||
Antigo, WI | — | 96 | 294 | — | — | 96 | 294 | 390 | 79 | 1998 | 12/10 | 30 | ||||||||||||||||||||
Arden, NC | — | 42 | 281 | — | — | 42 | 281 | 323 | 90 | 1989 | 12/10 | 25 | ||||||||||||||||||||
Bangor, ME | — | 51 | 339 | — | — | 51 | 339 | 390 | 109 | 1985 | 12/10 | 25 | ||||||||||||||||||||
Bartlett, TN | — | 40 | 293 | — | — | 40 | 293 | 333 | 94 | 1989 | 12/10 | 25 | ||||||||||||||||||||
Bay City, MI | — | 106 | 521 | — | — | 106 | 521 | 627 | 279 | 1920 | 12/10 | 15 | ||||||||||||||||||||
Brunswick, ME | — | 41 | 254 | — | — | 41 | 254 | 295 | 82 | 1985 | 12/10 | 25 | ||||||||||||||||||||
Bucksport, ME | — | 19 | 114 | — | — | 19 | 114 | 133 | 46 | 1976 | 12/10 | 20 | ||||||||||||||||||||
Carol Stream, IL | — | 103 | 515 | — | — | 103 | 515 | 618 | 207 | 1960 | 12/10 | 20 | ||||||||||||||||||||
Chicago, IL | — | 83 | 383 | — | — | 83 | 383 | 466 | 123 | 1987 | 12/10 | 25 | ||||||||||||||||||||
Chippewa Falls, WI | — | 33 | 328 | — | — | 33 | 328 | 361 | 88 | 1996 | 12/10 | 30 | ||||||||||||||||||||
Devils Lake, ND | — | 38 | 276 | — | — | 38 | 276 | 314 | 74 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Dodge City, KS | — | 43 | 166 | — | — | 43 | 166 | 209 | 89 | 1948 | 12/10 | 15 | ||||||||||||||||||||
Eau Claire, WI | — | 33 | 204 | — | — | 33 | 204 | 237 | 82 | 1956 | 12/10 | 20 | ||||||||||||||||||||
Elgin, IL | — | 88 | 311 | — | — | 88 | 311 | 399 | 125 | 1965 | 12/10 | 20 | ||||||||||||||||||||
Escanaba, MI | — | 40 | 283 | — | — | 40 | 283 | 323 | 91 | 1982 | 12/10 | 25 | ||||||||||||||||||||
Gainesville, FL | — | 47 | 362 | — | — | 47 | 362 | 409 | 194 | 1957 | 12/10 | 15 | ||||||||||||||||||||
Greenville, OH | — | 63 | 193 | — | — | 63 | 193 | 256 | 104 | 1910 | 12/10 | 15 | ||||||||||||||||||||
Hayward, WI | — | 57 | 333 | — | — | 57 | 333 | 390 | 107 | 1980 | 12/10 | 25 | ||||||||||||||||||||
Houlton, ME | — | 38 | 219 | — | — | 38 | 219 | 257 | 176 | 1915 | 12/10 | 10 | ||||||||||||||||||||
Irving, TX | — | 182 | 208 | — | — | 182 | 208 | 390 | 84 | 1984 | 12/10 | 20 | ||||||||||||||||||||
Kennedale, TX | — | 88 | 283 | — | — | 88 | 283 | 371 | 114 | 1959 | 12/10 | 20 | ||||||||||||||||||||
Laurel, MS | — | 74 | 202 | — | — | 74 | 202 | 276 | 108 | 1959 | 12/10 | 15 | ||||||||||||||||||||
Madison, TN | — | 78 | 179 | — | — | 78 | 179 | 257 | 58 | 1988 | 12/10 | 25 | ||||||||||||||||||||
Madison, WI | — | 57 | 409 | — | — | 57 | 409 | 466 | 131 | 1973 | 12/10 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Marshfield, WI | — | 60 | 282 | — | — | 60 | 282 | 342 | 113 | 1940 | 12/10 | 20 | ||||||||||||||||||||
Medford, WI | — | 37 | 229 | — | — | 37 | 229 | 266 | 74 | 1988 | 12/10 | 25 | ||||||||||||||||||||
Midland, TX | — | 36 | 212 | — | — | 36 | 212 | 248 | 113 | 1960 | 12/10 | 15 | ||||||||||||||||||||
Montello, WI | — | 26 | 173 | — | — | 26 | 173 | 199 | 46 | 1997 | 12/10 | 30 | ||||||||||||||||||||
Neillsville, WI | — | 26 | 145 | — | — | 26 | 145 | 171 | 47 | 1979 | 12/10 | 25 | ||||||||||||||||||||
Ocala, FL | — | 78 | 416 | — | — | 78 | 416 | 494 | 223 | 1971 | 12/10 | 15 | ||||||||||||||||||||
Phillips, WI | — | 23 | 177 | — | — | 23 | 177 | 200 | 47 | 1992 | 12/10 | 30 | ||||||||||||||||||||
Rhinelander, WI | — | 28 | 115 | — | — | 28 | 115 | 143 | 46 | 1958 | 12/10 | 20 | ||||||||||||||||||||
River Falls, WI | — | 42 | 234 | — | — | 42 | 234 | 276 | 94 | 1976 | 12/10 | 20 | ||||||||||||||||||||
Rockford, IL | — | 61 | 376 | — | — | 61 | 376 | 437 | 121 | 1962 | 12/10 | 25 | ||||||||||||||||||||
Schofield, WI | — | 41 | 425 | — | — | 41 | 425 | 466 | 171 | 1968 | 12/10 | 20 | ||||||||||||||||||||
Spokane, WA | — | 66 | 201 | — | — | 66 | 201 | 267 | 81 | 1965 | 12/10 | 20 | ||||||||||||||||||||
Spokane, WA | — | 93 | 373 | — | — | 93 | 373 | 466 | 150 | 1972 | 12/10 | 20 | ||||||||||||||||||||
St. Peter, MN | — | 17 | 259 | — | — | 17 | 259 | 276 | 69 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Stayton, OR | — | 88 | 312 | — | — | 88 | 312 | 400 | 84 | 1994 | 12/10 | 30 | ||||||||||||||||||||
Stevens Point, WI | — | 61 | 405 | — | — | 61 | 405 | 466 | 130 | 1975 | 12/10 | 25 | ||||||||||||||||||||
Thornton, CO | — | 414 | 536 | — | — | 414 | 536 | 950 | 144 | 1996 | 12/10 | 30 | ||||||||||||||||||||
Troy, AL | — | 15 | 52 | — | — | 15 | 52 | 67 | 28 | 1966 | 12/10 | 15 | ||||||||||||||||||||
Wausau, WI | — | 52 | 300 | — | — | 52 | 300 | 352 | 96 | 1989 | 12/10 | 25 | ||||||||||||||||||||
Wautoma, WI | — | 18 | 106 | — | — | 18 | 106 | 124 | 43 | 1959 | 12/10 | 20 | ||||||||||||||||||||
West Columbia, SC | — | 41 | 159 | — | — | 41 | 159 | 200 | 64 | 1962 | 12/10 | 20 | ||||||||||||||||||||
West Memphis, AR | — | 58 | 294 | — | — | 58 | 294 | 352 | 95 | 1987 | 12/10 | 25 | ||||||||||||||||||||
Windom, MN | — | 5 | 137 | — | — | 5 | 137 | 142 | 55 | 1950 | 12/10 | 20 | ||||||||||||||||||||
Wisconsin Rapids, WI | — | 41 | 215 | — | — | 41 | 215 | 256 | 87 | 1975 | 12/10 | 20 | ||||||||||||||||||||
Yakima, WA | — | 50 | 321 | — | — | 50 | 321 | 371 | 129 | 1965 | 12/10 | 20 | ||||||||||||||||||||
Aurora, IL | — | 641 | 226 | — | — | 641 | 226 | 867 | 89 | 1971 | 02/11 | 20 | ||||||||||||||||||||
Eagle River, WI | — | 99 | 52 | — | — | 99 | 52 | 151 | 20 | 1978 | 02/11 | 20 | ||||||||||||||||||||
Lexington, KY | — | 85 | 226 | — | — | 85 | 226 | 311 | 59 | 1991 | 02/11 | 30 | ||||||||||||||||||||
Mobile, AL | — | 75 | 197 | — | — | 75 | 197 | 272 | 73 | 1975 | 07/11 | 20 | ||||||||||||||||||||
Fairmont, MN | — | 98 | 166 | — | — | 98 | 166 | 264 | 58 | 1978 | 01/12 | 20 | ||||||||||||||||||||
Sycamore, IL | — | 49 | 476 | — | — | 49 | 476 | 525 | 166 | 1924 | 01/12 | 20 | ||||||||||||||||||||
Orchard Park, NY | — | 353 | — | 725 | — | 267 | 725 | 992 | 94 | 2013 | 05/13 | (m) | 40 | |||||||||||||||||||
Morrisville, NC | — | 127 | 332 | — | — | 127 | 332 | 459 | 75 | 1992 | 05/13 | 25 | ||||||||||||||||||||
Salt Lake City, UT | — | 571 | 697 | — | — | 571 | 697 | 1,268 | 196 | 1951 | 05/13 | 20 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Crestview, FL | — | 158 | 463 | — | — | 158 | 463 | 621 | 82 | 2003 | 09/13 | 30 | ||||||||||||||||||||
Depew, NY | — | 309 | — | 821 | — | 309 | 821 | 1,130 | 95 | 2014 | 10/13 | (m) | 40 | |||||||||||||||||||
Sherman, TX | — | 183 | — | 657 | — | 183 | 657 | 840 | 87 | 2005 | 01/14 | (o) | 35 | |||||||||||||||||||
Richmond, VA | — | 193 | 1,268 | — | — | 193 | 1,268 | 1,461 | 206 | 2008 | 02/14 | 30 | ||||||||||||||||||||
Adventure Landing: | ||||||||||||||||||||||||||||||||
Jacksonville Beach, FL | — | 3,615 | 5,636 | — | — | 3,615 | 5,636 | 9,251 | 2,320 | 1995 | 04/11 | 30 | ||||||||||||||||||||
Jacksonville, FL | — | 721 | 861 | — | — | 721 | 861 | 1,582 | 487 | 1983 | 04/11 | 25 | ||||||||||||||||||||
Raleigh, NC | — | 1,841 | 3,124 | — | — | 1,841 | 3,124 | 4,965 | 1,257 | 1989 | 04/11 | 25 | ||||||||||||||||||||
St. Augustine, FL | — | 797 | 289 | — | — | 797 | 289 | 1,086 | 229 | 1999 | 04/11 | 30 | ||||||||||||||||||||
Tonawanda, NY | — | 205 | 927 | — | — | 205 | 927 | 1,132 | 514 | 1991 | 04/11 | 25 | ||||||||||||||||||||
Affordable Care: | ||||||||||||||||||||||||||||||||
Asheville, NC | — | 467 | 576 | — | — | 467 | 576 | 1,043 | 86 | 2005 | 07/14 | 30 | ||||||||||||||||||||
Conover, NC | — | 187 | 623 | — | — | 187 | 623 | 810 | 93 | 2002 | 07/14 | 30 | ||||||||||||||||||||
Poland, OH | — | 231 | 650 | — | — | 231 | 650 | 881 | 116 | 2001 | 07/14 | 25 | ||||||||||||||||||||
Wilmington, NC | — | 398 | 565 | — | — | 398 | 565 | 963 | 84 | 2002 | 07/14 | 30 | ||||||||||||||||||||
Ajuua Mexican Restaurant: | ||||||||||||||||||||||||||||||||
Aurora, CO | — | 1,168 | 1,105 | 22 | — | 1,168 | 1,127 | 2,295 | 502 | 2000 | 06/05 | 30 | ||||||||||||||||||||
Aldi: | ||||||||||||||||||||||||||||||||
Cutler Bay, FL | — | 989 | 1,479 | 205 | — | 989 | 1,684 | 2,673 | 890 | 1995 | 06/96 | 40 | ||||||||||||||||||||
All Star Sports: | ||||||||||||||||||||||||||||||||
Wichita, KS | — | 1,551 | 965 | 152 | — | 1,551 | 1,117 | 2,668 | 308 | 1987 | 05/07 | 40 | ||||||||||||||||||||
Wichita, KS | — | 3,275 | 1,631 | 167 | — | 3,275 | 1,798 | 5,073 | 504 | 1988 | 05/07 | 40 | ||||||||||||||||||||
AMC Theatre: | ||||||||||||||||||||||||||||||||
Bloomington, IN | — | 2,338 | 4,000 | — | — | 2,338 | 4,000 | 6,338 | 1,807 | 1987 | 09/07 | 25 | ||||||||||||||||||||
Brighton, CO | — | 1,070 | 5,491 | 3,000 | — | 1,070 | 8,491 | 9,561 | 1,746 | 2005 | 09/07 | 40 | ||||||||||||||||||||
Castle Rock, CO | — | 2,905 | 5,002 | — | — | 2,905 | 5,002 | 7,907 | 1,412 | 2005 | 09/07 | 40 | ||||||||||||||||||||
Evansville, IN | — | 1,300 | 4,269 | 3,400 | — | 1,300 | 7,669 | 8,969 | 1,667 | 1999 | 09/07 | 35 | ||||||||||||||||||||
Galesburg, IL | — | 1,205 | 2,441 | — | — | 1,205 | 2,441 | 3,646 | 689 | 2003 | 09/07 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Machesney Park, IL | — | 3,018 | 8,770 | — | — | 3,018 | 8,770 | 11,788 | 2,476 | 2005 | 09/07 | 40 | ||||||||||||||||||||
Michigan City, IN | — | 1,996 | 8,422 | — | — | 1,996 | 8,422 | 10,418 | 2,377 | 2005 | 09/07 | 40 | ||||||||||||||||||||
Muncie, IN | — | 1,243 | 5,512 | 2,400 | — | 1,243 | 7,912 | 9,155 | 1,640 | 2005 | 09/07 | 40 | ||||||||||||||||||||
Naperville, IL | — | 6,141 | 11,624 | — | — | 6,141 | 11,624 | 17,765 | 3,281 | 2006 | 09/07 | 40 | ||||||||||||||||||||
New Lenox, IL | — | 6,778 | 10,980 | — | — | 6,778 | 10,980 | 17,758 | 3,100 | 2004 | 09/07 | 40 | ||||||||||||||||||||
Chicago, IL | — | 7,257 | 10,955 | — | — | 7,257 | 10,955 | 18,212 | 3,001 | 2007 | 01/08 | 40 | ||||||||||||||||||||
Johnson Creek, WI | — | 1,433 | 3,932 | — | — | 1,433 | 3,932 | 5,365 | 1,231 | 1997 | 01/08 | 35 | ||||||||||||||||||||
Lake Delton, WI | — | 2,063 | 8,366 | — | — | 2,063 | 8,366 | 10,429 | 2,619 | 1999 | 01/08 | 35 | ||||||||||||||||||||
Quincy, IL | — | 1,297 | 2,850 | — | — | 1,297 | 2,850 | 4,147 | 892 | 1982 | 01/08 | 35 | ||||||||||||||||||||
Schererville, IN | — | 6,619 | 14,225 | — | — | 6,619 | 14,225 | 20,844 | 5,196 | 1996 | 01/08 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 2,409 | — | 13,750 | — | 2,409 | 13,750 | 16,159 | 1,418 | 2014 | 11/13 | 40 | ||||||||||||||||||||
Southington, CT | — | 1,346 | — | 4,263 | — | 1,346 | 4,263 | 5,609 | 646 | 1993 | 05/14 | (o) | 30 | |||||||||||||||||||
Albuquerque, NM | — | 1,474 | — | 10,301 | — | 1,474 | 10,301 | 11,775 | 826 | 2015 | 11/14 | (m) | 40 | |||||||||||||||||||
West Jordan, UT | — | 3,302 | 246 | 3,117 | — | 3,302 | 3,363 | 6,665 | 328 | 2015 | 05/15 | (m) | 30 | |||||||||||||||||||
American Auto Auction: | ||||||||||||||||||||||||||||||||
El Paso, TX | — | 2,858 | 1,133 | — | — | 2,858 | 1,133 | 3,991 | 115 | 1987 | 06/16 | 25 | ||||||||||||||||||||
Jenison, MI | — | 1,334 | 3,513 | 1,812 | — | 1,334 | 5,325 | 6,659 | 335 | 1984 | 10/16 | (k) | 25 | |||||||||||||||||||
Lubbock, TX | — | 301 | 1,507 | 58 | — | 359 | 1,507 | 1,866 | 128 | 1980 | 11/16 | (m) | 25 | |||||||||||||||||||
American Family Care: | ||||||||||||||||||||||||||||||||
Mobile, AL | — | 843 | 562 | 348 | — | 843 | 910 | 1,753 | 320 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Alcoa, TN | — | 1,221 | — | 1,730 | — | 1,221 | 1,730 | 2,951 | 229 | 2013 | 12/12 | (m) | 40 | |||||||||||||||||||
Cullman, AL | — | 541 | — | 1,517 | — | 541 | 1,517 | 2,058 | 198 | 2013 | 12/12 | (m) | 40 | |||||||||||||||||||
Decatur, AL | — | 460 | 1,283 | — | — | 460 | 1,283 | 1,743 | 221 | 2010 | 12/12 | 35 | ||||||||||||||||||||
Nashville, TN | — | 377 | — | 1,403 | — | 377 | 1,403 | 1,780 | 177 | 2013 | 12/12 | (m) | 40 | |||||||||||||||||||
Pace, FL | — | 738 | — | 1,459 | — | 738 | 1,459 | 2,197 | 190 | 2013 | 12/12 | (m) | 40 | |||||||||||||||||||
Woodstock, GA | — | 563 | — | 1,653 | — | 563 | 1,653 | 2,216 | 201 | 2014 | 12/12 | (m) | 40 | |||||||||||||||||||
Fairhope, AL | — | (l) | 1,929 | — | — | (l) | 1,929 | 1,929 | 283 | 2012 | 02/13 | 40 | ||||||||||||||||||||
Dothan, AL | — | 667 | — | 1,400 | — | 667 | 1,400 | 2,067 | 185 | 2013 | 02/13 | (m) | 40 | |||||||||||||||||||
Auburn, AL | — | 663 | — | 1,835 | — | 663 | 1,835 | 2,498 | 231 | 2013 | 03/13 | (m) | 40 | |||||||||||||||||||
Milton, GA | — | 577 | 1,526 | — | — | 577 | 1,526 | 2,103 | 221 | 2012 | 03/13 | 40 | ||||||||||||||||||||
Roswell, GA | — | 814 | — | 1,851 | — | 816 | 1,851 | 2,667 | 202 | 2014 | 04/13 | (m) | 40 | |||||||||||||||||||
Marietta, GA | — | 432 | — | 1,846 | — | 432 | 1,846 | 2,278 | 225 | 2014 | 04/13 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Mt. Juliet, TN | — | 875 | 1,566 | — | — | 875 | 1,566 | 2,441 | 214 | 2013 | 07/13 | 40 | ||||||||||||||||||||
Chattanooga, TN | — | 469 | — | 1,626 | — | 469 | 1,626 | 2,095 | 198 | 2014 | 07/13 | (m) | 40 | |||||||||||||||||||
Columbus, GA | — | 550 | — | 1,520 | — | 550 | 1,520 | 2,070 | 185 | 2014 | 07/13 | (m) | 40 | |||||||||||||||||||
Birmingham, AL | — | 445 | — | 1,640 | — | 445 | 1,640 | 2,085 | 203 | 2005 | 08/13 | (o) | 40 | |||||||||||||||||||
Hendersonville, TN | — | 660 | 1,640 | — | — | 660 | 1,640 | 2,300 | 210 | 2013 | 11/13 | 40 | ||||||||||||||||||||
Calera, AL | — | 606 | — | 1,673 | — | 606 | 1,673 | 2,279 | 186 | 2014 | 12/13 | (m) | 40 | |||||||||||||||||||
Spring Hill, TN | — | 589 | — | 1,718 | — | 589 | 1,718 | 2,307 | 181 | 2014 | 02/14 | (m) | 40 | |||||||||||||||||||
Athens, AL | — | 497 | — | 1,834 | — | 497 | 1,834 | 2,331 | 185 | 2014 | 03/14 | (m) | 40 | |||||||||||||||||||
Panama City Beach, FL | — | 995 | — | 1,745 | — | 995 | 1,745 | 2,740 | 180 | 2014 | 04/14 | (m) | 40 | |||||||||||||||||||
Gadsden, AL | — | 527 | — | 1,565 | — | 527 | 1,565 | 2,092 | 158 | 2014 | 05/14 | 40 | ||||||||||||||||||||
Knoxville, TN | — | 2,021 | — | 2,014 | — | 2,021 | 2,014 | 4,035 | 170 | 2015 | 08/14 | (m) | 40 | |||||||||||||||||||
Fort Oglethorpe, GA | — | 736 | — | 1,832 | — | 736 | 1,832 | 2,568 | 166 | 2015 | 08/14 | (m) | 40 | |||||||||||||||||||
Enterprise, AL | — | 570 | — | 1,703 | — | 570 | 1,703 | 2,273 | 137 | 2015 | 01/15 | (m) | 40 | |||||||||||||||||||
American Freight: | ||||||||||||||||||||||||||||||||
Glen Allen, VA | — | 889 | 1,948 | — | — | 889 | 1,948 | 2,837 | 1,100 | 1996 | 05/96 | 40 | ||||||||||||||||||||
American Retail Service: | ||||||||||||||||||||||||||||||||
Lincoln City, OR | — | 1,099 | 1,560 | — | — | 1,099 | 1,560 | 2,659 | 377 | 1973 | 12/12 | 25 | ||||||||||||||||||||
Salem, OR | — | 433 | 1,627 | 735 | — | 433 | 2,362 | 2,795 | 422 | 1999 | 12/12 | (o) | 40 | |||||||||||||||||||
Yuma, AZ | — | 1,118 | 1,878 | — | — | 1,118 | 1,878 | 2,996 | 454 | 1987 | 12/12 | 25 | ||||||||||||||||||||
Amoco: | ||||||||||||||||||||||||||||||||
Miami, FL | — | 969 | — | — | — | 969 | (i) | 969 | (i) | (i) | 05/03 | (i) | ||||||||||||||||||||
Sunrise, FL | — | 949 | — | — | — | 949 | (i) | 949 | (i) | (i) | 06/03 | (i) | ||||||||||||||||||||
Deerfield Beach, FL | — | 770 | 274 | 26 | — | 770 | 300 | 1,070 | 94 | 1980 | 12/05 | 40 | ||||||||||||||||||||
Amscot: | ||||||||||||||||||||||||||||||||
Tampa, FL | — | 1,160 | 352 | — | — | 1,160 | 352 | 1,512 | 116 | 1981 | 10/05 | 40 | ||||||||||||||||||||
Orlando, FL | — | 764 | — | 891 | — | 764 | 891 | 1,655 | 278 | 2006 | 12/05 | 40 | ||||||||||||||||||||
Orlando, FL | — | 664 | 1,011 | — | — | 664 | 983 | 1,647 | 303 | 2006 | 12/05 | (g) | 40 | |||||||||||||||||||
Orlando, FL | — | 358 | — | 900 | — | 358 | 900 | 1,258 | 283 | 2006 | 02/06 | (g) | 40 | |||||||||||||||||||
Orlando, FL | — | 546 | — | 872 | — | 546 | 872 | 1,418 | 277 | 2006 | 02/06 | (g) | 40 | |||||||||||||||||||
Clearwater, FL | — | 456 | 332 | — | — | 456 | 332 | 788 | 102 | 1967 | 09/06 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Antojo Mexican Grill: | ||||||||||||||||||||||||||||||||
Lakewood, WA | — | 580 | 201 | — | — | 575 | 201 | 776 | 123 | 1984 | 09/06 | 20 | ||||||||||||||||||||
Applebee's: | ||||||||||||||||||||||||||||||||
Ballwin, MO | — | 1,496 | 1,404 | 47 | — | 1,496 | 1,450 | 2,946 | 602 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Crestview Hills, KY | — | 1,069 | 1,367 | — | — | 1,069 | 1,367 | 2,436 | 458 | 1993 | 08/10 | 25 | ||||||||||||||||||||
Danville, KY | — | 641 | 1,645 | — | — | 641 | 1,645 | 2,286 | 459 | 2003 | 08/10 | 30 | ||||||||||||||||||||
Florence, KY | — | 1,075 | 1,488 | — | — | 1,075 | 1,488 | 2,563 | 498 | 1988 | 08/10 | 25 | ||||||||||||||||||||
Frankfort, KY | — | 862 | 1,610 | — | — | 862 | 1,610 | 2,472 | 450 | 1993 | 08/10 | 30 | ||||||||||||||||||||
Georgetown, KY | — | 809 | 1,437 | — | — | 809 | 1,437 | 2,246 | 401 | 2001 | 08/10 | 30 | ||||||||||||||||||||
Hilliard, OH | — | 808 | 1,846 | — | — | 808 | 1,846 | 2,654 | 515 | 1998 | 08/10 | 30 | ||||||||||||||||||||
Maysville, KY | — | 513 | 1,387 | — | — | 513 | 1,387 | 1,900 | 332 | 2005 | 08/10 | 35 | ||||||||||||||||||||
Nicholasville, KY | — | 454 | 1,077 | — | — | 454 | 1,077 | 1,531 | 301 | 2000 | 08/10 | 30 | ||||||||||||||||||||
Troy, OH | — | 645 | 862 | — | — | 645 | 862 | 1,507 | 289 | 1996 | 08/10 | 25 | ||||||||||||||||||||
Grove City, OH | — | 511 | 1,415 | — | — | 511 | 1,415 | 1,926 | 387 | 1990 | 10/10 | 30 | ||||||||||||||||||||
Kettering, OH | — | 359 | 1,043 | — | — | 359 | 1,043 | 1,402 | 245 | 2005 | 10/10 | 35 | ||||||||||||||||||||
Mesa, AZ | — | 974 | 1,514 | — | — | 974 | 1,514 | 2,488 | 414 | 1992 | 10/10 | 30 | ||||||||||||||||||||
Mt. Sterling, KY | — | 510 | 1,392 | — | — | 510 | 1,392 | 1,902 | 327 | 2000 | 10/10 | 35 | ||||||||||||||||||||
Phoenix, AZ | — | 781 | 1,456 | — | — | 781 | 1,456 | 2,237 | 398 | 1995 | 10/10 | 30 | ||||||||||||||||||||
Phoenix, AZ | — | 458 | 1,099 | — | — | 458 | 1,099 | 1,557 | 258 | 2004 | 10/10 | 35 | ||||||||||||||||||||
Angola, IN | — | 478 | 1,533 | — | — | 478 | 1,533 | 2,011 | 195 | 2002 | 07/14 | 35 | ||||||||||||||||||||
Arby's: | ||||||||||||||||||||||||||||||||
Colorado Springs, CO | — | 206 | 534 | — | — | 206 | 534 | 740 | 227 | 1998 | 12/01 | 40 | ||||||||||||||||||||
Thomson, GA | — | 268 | 504 | — | — | 268 | 504 | 772 | 215 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Washington Courthouse, OH | — | 157 | 546 | — | — | 157 | 546 | 703 | 233 | 1998 | 12/01 | 40 | ||||||||||||||||||||
Whitmore Lake, MI | — | 171 | 469 | — | — | 171 | 469 | 640 | 200 | 1993 | 12/01 | 40 | ||||||||||||||||||||
Indianapolis, IN | — | 285 | 686 | — | — | 285 | 686 | 971 | 102 | 1998 | 07/14 | 30 | ||||||||||||||||||||
Indianapolis, IN | — | 456 | 830 | — | — | 456 | 830 | 1,286 | 106 | 2005 | 07/14 | 35 | ||||||||||||||||||||
Madison, GA | — | 242 | 697 | — | — | 242 | 697 | 939 | 108 | 1985 | 02/15 | 25 | ||||||||||||||||||||
Muncie, IN | — | 400 | 876 | — | — | 400 | 876 | 1,276 | 111 | 1995 | 03/15 | 30 | ||||||||||||||||||||
Gordonsville, TN | — | 408 | 1,077 | — | — | 408 | 1,077 | 1,485 | 109 | 2009 | 12/15 | 30 | ||||||||||||||||||||
Ada, OK | — | 147 | 1,841 | — | — | 147 | 1,841 | 1,988 | 3 | 1980 | 12/18 | 25 | ||||||||||||||||||||
Altus, OK | — | 333 | 902 | — | — | 333 | 902 | 1,235 | 2 | 1978 | 12/18 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Ardmore, OK | — | 490 | 1,206 | — | — | 490 | 1,206 | 1,696 | 1 | 2013 | 12/18 | 35 | ||||||||||||||||||||
Arkansas City, KS | — | 59 | 1,118 | — | — | 59 | 1,118 | 1,177 | 2 | 1999 | 12/18 | 30 | ||||||||||||||||||||
Bentonville, AR | — | 245 | 1,099 | — | — | 245 | 1,099 | 1,344 | 2 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Boonville, MO | — | 157 | 1,040 | — | — | 157 | 1,040 | 1,197 | 1 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Broken Arrow, OK | — | 333 | 1,138 | — | — | 333 | 1,138 | 1,471 | 2 | 1978 | 12/18 | 25 | ||||||||||||||||||||
Broken Arrow, OK | — | 471 | 765 | — | — | 471 | 765 | 1,236 | 1 | 2005 | 12/18 | 30 | ||||||||||||||||||||
Cabot, AR | — | 225 | 1,744 | — | — | 225 | 1,744 | 1,969 | 2 | 1994 | 12/18 | 30 | ||||||||||||||||||||
Choctaw, OK | — | 509 | 2,093 | — | — | 509 | 2,093 | 2,602 | 2 | 2017 | 12/18 | 35 | ||||||||||||||||||||
Claremore, OK | — | 196 | 1,976 | — | — | 196 | 1,976 | 2,172 | 3 | 2005 | 12/18 | 30 | ||||||||||||||||||||
Clinton, MO | — | 147 | 1,196 | — | — | 147 | 1,196 | 1,343 | 2 | 2005 | 12/18 | 30 | ||||||||||||||||||||
Coffeyville, KS | — | 59 | 1,059 | — | — | 59 | 1,059 | 1,118 | 1 | 1995 | 12/18 | 30 | ||||||||||||||||||||
Colorado Springs, CO | — | 344 | 885 | — | — | 344 | 885 | 1,229 | 1 | 2004 | 12/18 | 30 | ||||||||||||||||||||
Concordia, KS | — | 118 | 923 | — | — | 118 | 923 | 1,041 | 2 | 1992 | 12/18 | 25 | ||||||||||||||||||||
Conway, AR | — | 157 | 972 | — | — | 157 | 972 | 1,129 | 1 | 1994 | 12/18 | 30 | ||||||||||||||||||||
Derby, KS | — | 353 | 941 | — | — | 353 | 941 | 1,294 | 1 | 2000 | 12/18 | 30 | ||||||||||||||||||||
Eagle, ID | — | 441 | 990 | — | — | 441 | 990 | 1,431 | 1 | 2017 | 12/18 | 35 | ||||||||||||||||||||
Edmond, OK | — | 186 | 951 | — | — | 186 | 951 | 1,137 | 2 | 1977 | 12/18 | 25 | ||||||||||||||||||||
Edwardsville, IL | — | 147 | 1,294 | — | — | 147 | 1,294 | 1,441 | 2 | 2000 | 12/18 | 30 | ||||||||||||||||||||
El Dorado, KS | — | 167 | 1,030 | — | — | 167 | 1,030 | 1,197 | 1 | 2004 | 12/18 | 30 | ||||||||||||||||||||
Fayetteville, AR | — | 441 | 1,069 | — | — | 441 | 1,069 | 1,510 | 1 | 1998 | 12/18 | 30 | ||||||||||||||||||||
Fayetteville, AR | — | 550 | 658 | — | — | 550 | 658 | 1,208 | 1 | 2006 | 12/18 | 30 | ||||||||||||||||||||
Fort Smith, AR | — | 393 | 1,090 | — | — | 393 | 1,090 | 1,483 | 2 | 1980 | 12/18 | 25 | ||||||||||||||||||||
Fountain, CO | — | 707 | 913 | — | — | 707 | 913 | 1,620 | 1 | 2013 | 12/18 | 35 | ||||||||||||||||||||
Glenpool, OK | — | 137 | 1,334 | — | — | 137 | 1,334 | 1,471 | 2 | 1980 | 12/18 | 25 | ||||||||||||||||||||
Godfrey, IL | — | 157 | 1,186 | — | — | 157 | 1,186 | 1,343 | 2 | 2001 | 12/18 | 30 | ||||||||||||||||||||
Greeley, CO | — | 529 | 1,684 | — | — | 529 | 1,684 | 2,213 | 2 | 2017 | 12/18 | 35 | ||||||||||||||||||||
Greenwood, AR | — | 59 | 943 | — | — | 59 | 943 | 1,002 | 1 | 1994 | 12/18 | 30 | ||||||||||||||||||||
Guthrie, OK | — | 303 | 1,566 | — | — | 303 | 1,566 | 1,869 | 2 | 2002 | 12/18 | 30 | ||||||||||||||||||||
Harrison, AR | — | 402 | 1,423 | — | — | 402 | 1,423 | 1,825 | 2 | 2003 | 12/18 | 30 | ||||||||||||||||||||
Harrisonville, MO | — | 372 | 902 | — | — | 372 | 902 | 1,274 | 2 | 1986 | 12/18 | 25 | ||||||||||||||||||||
Hays, KS | — | 176 | 1,888 | — | — | 176 | 1,888 | 2,064 | 3 | 1986 | 12/18 | 25 | ||||||||||||||||||||
Hot Springs, AR | — | 441 | 1,128 | — | — | 441 | 1,128 | 1,569 | 2 | 1985 | 12/18 | 25 | ||||||||||||||||||||
Hutchinson, KS | — | 118 | 952 | — | — | 118 | 952 | 1,070 | 2 | 1982 | 12/18 | 25 | ||||||||||||||||||||
Hutchinson, KS | — | 206 | 1,098 | — | — | 206 | 1,098 | 1,304 | 2 | 2006 | 12/18 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Independence, MO | — | 294 | 1,341 | — | — | 294 | 1,341 | 1,635 | 2 | 2010 | 12/18 | 30 | ||||||||||||||||||||
Independence, MO | — | 412 | 853 | — | — | 412 | 853 | 1,265 | 1 | 2008 | 12/18 | 30 | ||||||||||||||||||||
Jerseyville, IL | — | 187 | 845 | — | — | 187 | 845 | 1,032 | 1 | 1998 | 12/18 | 30 | ||||||||||||||||||||
Kansas City, MO | — | 470 | 1,194 | — | — | 470 | 1,194 | 1,664 | 1 | 2015 | 12/18 | 35 | ||||||||||||||||||||
Kearney, MO | — | 343 | 1,234 | — | — | 343 | 1,234 | 1,577 | 2 | 1996 | 12/18 | 30 | ||||||||||||||||||||
Lansing, KS | — | 245 | 834 | — | — | 245 | 834 | 1,079 | 1 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Lawton, OK | — | 431 | 1,039 | — | — | 431 | 1,039 | 1,470 | 2 | 1987 | 12/18 | 25 | ||||||||||||||||||||
Litchfield, IL | — | 186 | 1,402 | — | — | 186 | 1,402 | 1,588 | 2 | 2013 | 12/18 | 35 | ||||||||||||||||||||
Little Rock, AR | — | 736 | 579 | — | — | 736 | 579 | 1,315 | 1 | 2013 | 12/18 | 35 | ||||||||||||||||||||
Little Rock, AR | — | 393 | 541 | — | — | 393 | 541 | 934 | 1 | 1988 | 12/18 | 25 | ||||||||||||||||||||
Manhattan, KS | — | 333 | 1,078 | — | — | 333 | 1,078 | 1,411 | 1 | 2015 | 12/18 | 35 | ||||||||||||||||||||
Mehlville, MO | — | 167 | 1,264 | — | — | 167 | 1,264 | 1,431 | 2 | 2005 | 12/18 | 30 | ||||||||||||||||||||
Midwest City, OK | — | 226 | 922 | — | — | 226 | 922 | 1,148 | 2 | 1978 | 12/18 | 25 | ||||||||||||||||||||
Midwest City, OK | — | 245 | 980 | — | — | 245 | 980 | 1,225 | 2 | 1978 | 12/18 | 25 | ||||||||||||||||||||
Mission, KS | — | 314 | 892 | — | — | 314 | 892 | 1,206 | 1 | 1999 | 12/18 | 30 | ||||||||||||||||||||
Moore, OK | — | 530 | 814 | — | — | 530 | 814 | 1,344 | 1 | 2006 | 12/18 | 30 | ||||||||||||||||||||
Moore, OK | — | 196 | 727 | — | — | 196 | 727 | 923 | 1 | 1977 | 12/18 | 25 | ||||||||||||||||||||
Muskogee, OK | — | 157 | 1,000 | — | — | 157 | 1,000 | 1,157 | 1 | 2000 | 12/18 | 30 | ||||||||||||||||||||
Neosho, MO | — | 206 | 971 | — | — | 206 | 971 | 1,177 | 1 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Newcastle, OK | — | 176 | 1,225 | — | — | 176 | 1,225 | 1,401 | 2 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Nixa, MO | — | 490 | 628 | — | — | 490 | 628 | 1,118 | 1 | 2005 | 12/18 | 30 | ||||||||||||||||||||
Norman, OK | — | 353 | 874 | — | — | 353 | 874 | 1,227 | 1 | 1994 | 12/18 | 30 | ||||||||||||||||||||
North Little Rock, AR | — | 491 | 432 | — | — | 491 | 432 | 923 | 1 | 2006 | 12/18 | 35 | ||||||||||||||||||||
Oklahoma City, OK | — | 433 | 560 | — | — | 433 | 560 | 993 | 1 | 2003 | 12/18 | 30 | ||||||||||||||||||||
Osage Beach, MO | — | 245 | 932 | — | — | 245 | 932 | 1,177 | 1 | 2008 | 12/18 | 30 | ||||||||||||||||||||
Park City, KS | — | 284 | 1,351 | — | — | 284 | 1,351 | 1,635 | 2 | 2017 | 12/18 | 35 | ||||||||||||||||||||
Pittsburg, KS | — | 216 | 1,303 | — | — | 216 | 1,303 | 1,519 | 2 | 1978 | 12/18 | 25 | ||||||||||||||||||||
Platte City, MO | — | 392 | 921 | — | — | 392 | 921 | 1,313 | 1 | 2003 | 12/18 | 30 | ||||||||||||||||||||
Sallisaw, OK | — | 127 | 1,186 | — | — | 127 | 1,186 | 1,313 | 2 | 2002 | 12/18 | 30 | ||||||||||||||||||||
Sand Springs, OK | — | 147 | 1,459 | — | — | 147 | 1,459 | 1,606 | 2 | 1998 | 12/18 | 30 | ||||||||||||||||||||
Sapulpa, OK | — | 147 | 1,733 | — | — | 147 | 1,733 | 1,880 | 3 | 1981 | 12/18 | 25 | ||||||||||||||||||||
Shawnee, OK | — | 98 | 1,254 | — | — | 98 | 1,254 | 1,352 | 2 | 1980 | 12/18 | 25 | ||||||||||||||||||||
Siloam Springs, AR | — | 216 | 1,216 | — | — | 216 | 1,216 | 1,432 | 2 | 1980 | 12/18 | 25 | ||||||||||||||||||||
St. Louis, MO | — | 363 | 1,019 | — | — | 363 | 1,019 | 1,382 | 1 | 2008 | 12/18 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Topeka, KS | — | 587 | 1,116 | — | — | 587 | 1,116 | 1,703 | 2 | 2006 | 12/18 | 30 | ||||||||||||||||||||
Tulsa, OK | — | 539 | 716 | — | — | 539 | 716 | 1,255 | 1 | 1997 | 12/18 | 30 | ||||||||||||||||||||
Tulsa, OK | — | 206 | 1,216 | — | — | 206 | 1,216 | 1,422 | 2 | 1982 | 12/18 | 25 | ||||||||||||||||||||
Tulsa, OK | — | 529 | 784 | — | — | 529 | 784 | 1,313 | 1 | 1993 | 12/18 | 25 | ||||||||||||||||||||
Tulsa, OK | — | 98 | 865 | — | — | 98 | 865 | 963 | 1 | 1981 | 12/18 | 25 | ||||||||||||||||||||
Tulsa, OK | — | 804 | 716 | — | — | 804 | 716 | 1,520 | 1 | 2006 | 12/18 | 30 | ||||||||||||||||||||
Tulsa, OK | — | 323 | 1,470 | — | — | 323 | 1,470 | 1,793 | 2 | 1981 | 12/18 | 25 | ||||||||||||||||||||
Union, MO | — | 128 | 835 | — | — | 128 | 835 | 963 | 1 | 2006 | 12/18 | 30 | ||||||||||||||||||||
Van Buren, AR | — | 334 | 1,187 | — | — | 334 | 1,187 | 1,521 | 2 | 2000 | 12/18 | 30 | ||||||||||||||||||||
Vandalia, IL | — | 206 | 962 | — | — | 206 | 962 | 1,168 | 2 | 1981 | 12/18 | 25 | ||||||||||||||||||||
Weatherford, OK | — | 118 | 1,469 | — | — | 118 | 1,469 | 1,587 | 2 | 1999 | 12/18 | 30 | ||||||||||||||||||||
Wichita, KS | — | 343 | 687 | — | — | 343 | 687 | 1,030 | 1 | 2014 | 12/18 | 35 | ||||||||||||||||||||
Wichita, KS | — | 314 | 960 | — | — | 314 | 960 | 1,274 | 1 | 1994 | 12/18 | 30 | ||||||||||||||||||||
Wichita, KS | — | 98 | 1,089 | — | — | 98 | 1,089 | 1,187 | 2 | 1981 | 12/18 | 25 | ||||||||||||||||||||
Woodward, OK | — | 108 | 1,401 | — | — | 108 | 1,401 | 1,509 | 2 | 1982 | 12/18 | 25 | ||||||||||||||||||||
ARCO ampm: | ||||||||||||||||||||||||||||||||
Casa Grande, AZ | — | 2,340 | 1,894 | 83 | — | 2,340 | 1,905 | 4,245 | 586 | 1993 | 05/08 | 35 | ||||||||||||||||||||
Gilbert, AZ | — | 1,317 | 1,304 | 85 | — | 1,166 | 1,325 | 2,491 | 417 | 1996 | 05/08 | 35 | ||||||||||||||||||||
Globe, AZ | — | 762 | 2,148 | 114 | — | 762 | 2,180 | 2,942 | 684 | 1998 | 05/08 | 35 | ||||||||||||||||||||
Mesa, AZ | — | 1,332 | 1,367 | 92 | — | 1,156 | 1,385 | 2,541 | 503 | 1986 | 05/08 | 30 | ||||||||||||||||||||
Mesa, AZ | — | 2,219 | 2,140 | 89 | — | 2,219 | 2,170 | 4,389 | 598 | 2000 | 05/08 | 40 | ||||||||||||||||||||
Prescott, AZ | — | 1,266 | 1,261 | 118 | — | 1,266 | 1,294 | 2,560 | 416 | 1997 | 05/08 | 35 | ||||||||||||||||||||
Scottsdale, AZ | — | 1,529 | 1,373 | 240 | — | 1,529 | 1,451 | 2,980 | 495 | 1999 | 05/08 | 35 | ||||||||||||||||||||
Sedona, AZ | — | 1,281 | 1,324 | 107 | — | 1,281 | 1,345 | 2,626 | 373 | 2000 | 05/08 | 40 | ||||||||||||||||||||
Tucson, AZ | — | 1,083 | 1,599 | 86 | — | 1,083 | 1,620 | 2,703 | 506 | 1992 | 05/08 | 35 | ||||||||||||||||||||
Tucson, AZ | — | 1,223 | 1,911 | 102 | — | 1,223 | 1,932 | 3,155 | 601 | 1996 | 05/08 | 35 | ||||||||||||||||||||
Tucson, AZ | — | 1,105 | 1,336 | 111 | — | 1,105 | 1,358 | 2,463 | 428 | 1992 | 05/08 | 35 | ||||||||||||||||||||
Tucson, AZ | — | 1,457 | 1,619 | 125 | — | 1,457 | 1,651 | 3,108 | 523 | 1995 | 05/08 | 35 | ||||||||||||||||||||
Soldotna, AK | — | 180 | 891 | — | — | 180 | 891 | 1,071 | 159 | 1985 | 07/14 | 25 | ||||||||||||||||||||
Ashley Furniture: | ||||||||||||||||||||||||||||||||
Altamonte Springs, FL | — | 2,906 | 4,877 | 315 | — | 2,906 | 5,192 | 8,098 | 2,743 | 1997 | 09/97 | 40 | ||||||||||||||||||||
Florissant, MO | — | 896 | 1,057 | 3,058 | — | 899 | 4,113 | 5,012 | 1,017 | 1996 | 04/03 | (g) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Louisville, KY | — | 1,667 | 4,989 | — | — | 1,667 | 4,989 | 6,656 | 1,720 | 2005 | 03/05 | 40 | ||||||||||||||||||||
At Home: | ||||||||||||||||||||||||||||||||
Douglasville, GA | — | 1,588 | 3,916 | — | — | 1,588 | 3,916 | 5,504 | 1,281 | 1987 | 06/12 | 20 | ||||||||||||||||||||
Humble, TX | — | 3,559 | 5,046 | — | — | 3,559 | 5,046 | 8,605 | 1,320 | 2001 | 06/12 | 25 | ||||||||||||||||||||
Noblesville, IN | — | 1,870 | 4,241 | — | — | 1,870 | 4,241 | 6,111 | 1,387 | 1995 | 06/12 | 20 | ||||||||||||||||||||
Sandston, VA | — | 1,972 | 6,599 | — | — | 1,972 | 6,599 | 8,571 | 1,727 | 1996 | 06/12 | 25 | ||||||||||||||||||||
Greensboro, NC | — | 2,121 | 6,460 | — | — | 2,121 | 6,460 | 8,581 | 1,301 | 1998 | 12/12 | 30 | ||||||||||||||||||||
Greenville, SC | — | 1,892 | 5,404 | — | — | 1,727 | 5,404 | 7,131 | 946 | 1996 | 08/14 | 25 | ||||||||||||||||||||
Hilliard, OH | — | 1,747 | 4,642 | — | — | 1,836 | 4,514 | 6,350 | 760 | 1994 | 10/14 | 25 | ||||||||||||||||||||
San Antonio, TX | — | 3,818 | 5,922 | — | — | 3,818 | 5,922 | 9,740 | 699 | 1999 | 06/15 | 30 | ||||||||||||||||||||
AT&T: | ||||||||||||||||||||||||||||||||
Cincinnati, OH | — | 297 | 443 | 347 | — | 312 | 775 | 1,087 | 320 | 1999 | 06/98 | 40 | ||||||||||||||||||||
Auto Solution: | ||||||||||||||||||||||||||||||||
Albuquerque, NM | — | 1,113 | — | 1,443 | — | 1,113 | 1,443 | 2,556 | 482 | 2005 | 04/04 | (f) | 40 | |||||||||||||||||||
AutoZone: | ||||||||||||||||||||||||||||||||
Homestead, PA | — | 500 | — | 105 | — | 605 | (i) | 605 | (i) | (i) | 02/97 | (i) | ||||||||||||||||||||
Bandana's BBQ: | ||||||||||||||||||||||||||||||||
St. Peters, MO | — | 318 | 640 | — | — | 318 | 640 | 958 | 99 | 1981 | 02/15 | 25 | ||||||||||||||||||||
BankUnited: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 257 | 287 | — | — | 257 | 72 | 329 | 18 | 1988 | 07/92 | 30 | ||||||||||||||||||||
Bar Louie: | ||||||||||||||||||||||||||||||||
Rochester, NY | — | 792 | 1,535 | 204 | — | 792 | 1,739 | 2,531 | 462 | 1995 | 06/07 | 40 | ||||||||||||||||||||
Barnes & Noble: | ||||||||||||||||||||||||||||||||
Brandon, FL | — | 1,476 | 1,527 | — | — | 1,476 | 1,527 | 3,003 | 915 | 1995 | 08/94 | (f) | 40 | |||||||||||||||||||
Glendale, CO | — | 3,245 | 2,722 | — | — | 3,245 | 2,722 | 5,967 | 1,650 | 1994 | 09/94 | 40 | ||||||||||||||||||||
Houston, TX | — | 3,308 | 2,396 | — | — | 3,308 | 2,396 | 5,704 | 1,393 | 1995 | 10/94 | (f) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Plantation, FL | — | 3,616 | 3,498 | — | — | 3,616 | 960 | 4,576 | 167 | 1996 | 05/95 | (f) | 30 | |||||||||||||||||||
Freehold, NJ (n) | — | 2,917 | 2,261 | — | — | 2,917 | 2,261 | 5,178 | 1,295 | 1995 | 01/96 | 40 | ||||||||||||||||||||
Dayton, OH | — | 1,413 | 3,325 | — | — | 1,413 | 3,325 | 4,738 | 1,781 | 1996 | 05/97 | 40 | ||||||||||||||||||||
Redding, CA | — | 497 | 1,626 | — | — | 497 | 1,626 | 2,123 | 876 | 1997 | 06/97 | 40 | ||||||||||||||||||||
Memphis, TN | — | 1,574 | 2,242 | — | — | 1,574 | 2,242 | 3,816 | 836 | 1997 | 09/97 | 40 | ||||||||||||||||||||
Marlton, NJ | — | 2,831 | 4,319 | — | — | 2,709 | 4,319 | 7,028 | 2,173 | 1995 | 11/98 | 40 | ||||||||||||||||||||
Batteries Plus Bulbs: | ||||||||||||||||||||||||||||||||
Sunrise, FL | — | 287 | 424 | 98 | — | 287 | 521 | 808 | 162 | 1979 | 05/04 | 40 | ||||||||||||||||||||
Bay County Tax Collector: | ||||||||||||||||||||||||||||||||
Lynn Haven, FL | — | 797 | 865 | — | — | 797 | 865 | 1,662 | 479 | 1974 | 06/13 | 10 | ||||||||||||||||||||
Bealls: | ||||||||||||||||||||||||||||||||
Sarasota, FL | — | 1,078 | 1,795 | 90 | — | 1,078 | 1,886 | 2,964 | 705 | 1996 | 09/97 | 40 | ||||||||||||||||||||
Beautiful America Dry Cleaners: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 40 | 111 | — | — | 40 | 111 | 151 | 42 | 2001 | 02/04 | 40 | ||||||||||||||||||||
Bed Bath & Beyond: | ||||||||||||||||||||||||||||||||
Glen Allen, VA | — | 1,184 | 2,843 | 179 | — | 1,184 | 3,021 | 4,205 | 1,227 | 1997 | 06/98 | 40 | ||||||||||||||||||||
Glendale, AZ | — | 1,082 | — | 2,758 | — | 1,082 | 2,758 | 3,840 | 1,342 | 1999 | 12/98 | (g) | 40 | |||||||||||||||||||
Midland, MI | — | 231 | — | 2,705 | — | 231 | 2,705 | 2,936 | 820 | 2006 | 07/03 | 40 | ||||||||||||||||||||
Colonie, NY | — | 3,119 | 4,130 | — | — | 3,119 | 4,130 | 7,249 | 602 | 1967 | 08/14 | 30 | ||||||||||||||||||||
BEL Furniture: | ||||||||||||||||||||||||||||||||
Beaumont, TX (n) | — | 614 | 2,177 | — | — | 614 | 2,177 | 2,791 | 794 | 1992 | 09/11 | 20 | ||||||||||||||||||||
Belle Tire: | ||||||||||||||||||||||||||||||||
Lansing, MI | — | 983 | 2,969 | — | — | 983 | 2,969 | 3,952 | 12 | 2005 | 11/18 | 30 | ||||||||||||||||||||
Lapeer, MI | — | 588 | 2,980 | — | — | 588 | 2,980 | 3,568 | 11 | 2013 | 11/18 | 35 | ||||||||||||||||||||
Michigan City, IN | — | 665 | 4,537 | — | — | 665 | 4,537 | 5,202 | 16 | 2017 | 11/18 | 35 | ||||||||||||||||||||
Midland, MI | — | 308 | 3,538 | — | — | 308 | 3,538 | 3,846 | 15 | 2006 | 11/18 | 30 | ||||||||||||||||||||
Mt. Pleasant, MI | — | 308 | 3,740 | — | — | 308 | 3,740 | 4,048 | 13 | 2012 | 11/18 | 35 | ||||||||||||||||||||
Muskegon, MI | — | 733 | 3,114 | — | — | 733 | 3,114 | 3,847 | 11 | 2012 | 11/18 | 35 | ||||||||||||||||||||
Northville, MI | — | 905 | 5,448 | — | — | 905 | 5,448 | 6,353 | 19 | 2017 | 11/18 | 35 | ||||||||||||||||||||
Best Buy: | ||||||||||||||||||||||||||||||||
Brandon, FL | — | 2,985 | 2,772 | — | — | 2,985 | 2,772 | 5,757 | 1,516 | 1996 | 02/97 | 40 | ||||||||||||||||||||
Cuyahoga Falls, OH | — | 3,709 | 2,359 | — | — | 3,703 | 2,359 | 6,062 | 1,271 | 1988 | 06/97 | 40 | ||||||||||||||||||||
Rockville, MD | — | 6,233 | 3,419 | — | — | 6,233 | 3,419 | 9,652 | 1,834 | 1995 | 07/97 | 40 | ||||||||||||||||||||
Fairfax, VA | — | 3,052 | 3,218 | — | — | 3,052 | 3,218 | 6,270 | 1,720 | 1995 | 08/97 | 40 | ||||||||||||||||||||
St. Petersburg, FL | — | 4,032 | 2,611 | — | — | 4,032 | 2,611 | 6,643 | 1,237 | 1997 | 09/97 | 35 | ||||||||||||||||||||
North Fayette, PA | — | 2,331 | 2,293 | — | — | 2,331 | 2,293 | 4,624 | 1,178 | 1997 | 06/98 | 40 | ||||||||||||||||||||
Denver, CO | — | 8,882 | 4,373 | — | — | 8,882 | 4,373 | 13,255 | 1,918 | 1991 | 06/01 | 40 | ||||||||||||||||||||
Albuquerque, NM | — | 2,157 | 3,132 | — | — | 2,157 | 3,132 | 5,289 | 913 | 1992 | 09/11 | 25 | ||||||||||||||||||||
Arlington, TX | — | 1,372 | 3,890 | — | — | 1,372 | 3,890 | 5,262 | 1,135 | 1991 | 09/11 | 25 | ||||||||||||||||||||
Fort Collins, CO | — | 2,054 | 3,346 | — | — | 2,054 | 3,346 | 5,400 | 976 | 1992 | 09/11 | 25 | ||||||||||||||||||||
Fort Worth, TX | — | 687 | 2,177 | — | — | 687 | 2,177 | 2,864 | 529 | 1992 | 09/11 | 30 | ||||||||||||||||||||
Houston, TX | — | 1,409 | 3,095 | — | — | 1,409 | 3,095 | 4,504 | 752 | 1992 | 09/11 | 30 | ||||||||||||||||||||
Nashua, NH | — | 1,028 | 7,052 | — | — | 1,028 | 7,052 | 8,080 | 1,714 | 1999 | 09/11 | 30 | ||||||||||||||||||||
North Attleborough, MA | — | 2,761 | 4,165 | — | — | 2,761 | 4,165 | 6,926 | 1,012 | 1999 | 09/11 | 30 | ||||||||||||||||||||
Schaumburg, IL | — | 3,170 | 4,784 | — | — | 3,170 | 4,784 | 7,954 | 1,744 | 1965 | 09/11 | 20 | ||||||||||||||||||||
Virginia Beach, VA | — | 3,140 | 4,276 | — | — | 3,140 | 4,276 | 7,416 | 1,039 | 1999 | 09/11 | 30 | ||||||||||||||||||||
Big Lots: | ||||||||||||||||||||||||||||||||
Dover, NJ | — | 1,138 | 3,238 | 732 | — | 1,138 | 3,970 | 5,108 | 1,811 | 1995 | 11/98 | 40 | ||||||||||||||||||||
Webster Groves, MO | — | 1,061 | 1,467 | — | — | 1,061 | 1,467 | 2,528 | 69 | 1970 | 04/18 | 15 | ||||||||||||||||||||
Big Sky Mattress: | ||||||||||||||||||||||||||||||||
Helena, MT | — | 658 | 1,568 | — | — | 658 | 1,568 | 2,226 | 136 | 2015 | 03/15 | 40 | ||||||||||||||||||||
BJ's Wholesale Club: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 3,271 | 8,627 | 357 | — | 3,256 | 8,967 | 12,223 | 3,272 | 2001 | 02/04 | 40 | ||||||||||||||||||||
Fairfax, VA | — | 6,792 | 14,941 | — | — | 6,792 | 14,941 | 21,733 | 3,632 | 1992 | 09/11 | 30 | ||||||||||||||||||||
Hamilton, NJ | — | 3,166 | 29,373 | — | — | 3,166 | 29,373 | 32,539 | 6,119 | 2002 | 09/11 | 35 | ||||||||||||||||||||
Hialeah, FL | — | 4,792 | 14,067 | — | — | 4,792 | 14,067 | 18,859 | 3,419 | 2000 | 09/11 | 30 | ||||||||||||||||||||
Roxbury, NJ | — | 3,040 | 16,168 | — | — | 3,040 | 16,168 | 19,208 | 4,716 | 1993 | 09/11 | 25 | ||||||||||||||||||||
W. Hartford, CT | — | 2,846 | 14,299 | — | — | 2,846 | 14,299 | 17,145 | 3,476 | 1996 | 09/11 | 30 | ||||||||||||||||||||
Cape Coral, FL | — | 2,783 | 13,710 | — | — | 2,783 | 13,710 | 16,493 | 1,276 | 2005 | 03/16 | 30 | ||||||||||||||||||||
Voorhees, NJ | — | 3,103 | 14,055 | — | — | 3,103 | 14,055 | 17,158 | 1,269 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Manchester, NH | — | 5,009 | 14,053 | — | — | 5,009 | 14,053 | 19,062 | 371 | 1990 | 03/18 | 30 | ||||||||||||||||||||
BMW: | ||||||||||||||||||||||||||||||||
Duluth, GA | — | 4,434 | 4,080 | 6,559 | — | 4,504 | 10,639 | 15,143 | 3,564 | 1984 | 12/01 | 40 | ||||||||||||||||||||
Bob Evans: | ||||||||||||||||||||||||||||||||
Amherst, NY | — | 422 | 971 | — | — | 422 | 971 | 1,393 | 88 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Ashland, KY | — | 383 | 913 | — | — | 383 | 913 | 1,296 | 82 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Avon, IN | — | 432 | 609 | — | — | 414 | 609 | 1,023 | 55 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Baltimore, MD | — | 1,138 | 196 | — | — | 1,138 | 196 | 1,334 | 18 | 1993 | 04/16 | 30 | ||||||||||||||||||||
Batavia, NY | — | 599 | 657 | — | — | 599 | 657 | 1,256 | 59 | 1996 | 04/16 | 30 | ||||||||||||||||||||
Beachwood, OH | — | 542 | 108 | — | — | 542 | 108 | 650 | 10 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Beavercreek, OH | — | 570 | 334 | — | — | 570 | 334 | 904 | 30 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Beckley, WV | — | 579 | 824 | — | — | 579 | 824 | 1,403 | 76 | 1992 | 04/16 | 30 | ||||||||||||||||||||
Bel Air, MD | — | 911 | 1,147 | — | — | 911 | 1,147 | 2,058 | 104 | 1995 | 04/16 | 30 | ||||||||||||||||||||
Benton Harbor, MI | — | 157 | 1,079 | — | — | 157 | 1,079 | 1,236 | 97 | 1989 | 04/16 | 30 | ||||||||||||||||||||
Blue Springs, MO | — | 550 | 462 | — | — | 550 | 462 | 1,012 | 42 | 1996 | 04/16 | 30 | ||||||||||||||||||||
Brook Park, OH | — | 570 | 570 | — | — | 570 | 570 | 1,140 | 51 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Camby, IN | — | 510 | 932 | — | — | 510 | 932 | 1,442 | 84 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Canton, MI | — | 776 | 167 | — | — | 776 | 167 | 943 | 15 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Canton, MI | — | 804 | 589 | — | — | 804 | 589 | 1,393 | 53 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Chesterfield Twp, MI | — | 746 | 491 | — | — | 746 | 491 | 1,237 | 44 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Chillicothe, OH | — | 334 | 727 | — | — | 334 | 727 | 1,061 | 66 | 1995 | 04/16 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 500 | 1,323 | — | — | 500 | 1,323 | 1,823 | 119 | 1999 | 04/16 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 482 | 295 | — | — | 482 | 295 | 777 | 27 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Clarksville, IN | — | 726 | 794 | — | — | 726 | 794 | 1,520 | 72 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Clearwater, FL | — | 520 | 648 | — | — | 520 | 648 | 1,168 | 70 | 1986 | 04/16 | 25 | ||||||||||||||||||||
Clermont, FL | — | 1,011 | 49 | — | — | 1,011 | 49 | 1,060 | 4 | 2006 | 04/16 | 30 | ||||||||||||||||||||
Coldwater, MI | — | 324 | 1,020 | — | — | 324 | 1,020 | 1,344 | 111 | 1995 | 04/16 | 25 | ||||||||||||||||||||
Columbia, MO | — | 491 | 521 | — | — | 491 | 521 | 1,012 | 47 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Columbus, IN | — | 696 | 1,117 | — | — | 696 | 1,117 | 1,813 | 86 | 2005 | 04/16 | 35 | ||||||||||||||||||||
Columbus, OH | — | 432 | 961 | — | — | 432 | 961 | 1,393 | 104 | 1985 | 04/16 | 25 | ||||||||||||||||||||
Columbus, OH | — | 647 | 1,010 | — | — | 647 | 1,010 | 1,657 | 91 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Corning, NY | — | 196 | 1,412 | — | — | 196 | 1,412 | 1,608 | 127 | 1996 | 04/16 | 30 | ||||||||||||||||||||
Cross Lanes, WV | — | 354 | 600 | — | — | 354 | 600 | 954 | 65 | 1987 | 04/16 | 25 | ||||||||||||||||||||
Dearborn, MI | — | 560 | 579 | — | — | 560 | 579 | 1,139 | 63 | 1984 | 04/16 | 25 | ||||||||||||||||||||
Dublin, OH | — | 804 | 559 | — | — | 804 | 559 | 1,363 | 50 | 1996 | 04/16 | 30 | ||||||||||||||||||||
Dublin, OH | — | 697 | 677 | — | — | 697 | 677 | 1,374 | 73 | 1985 | 04/16 | 25 | ||||||||||||||||||||
Dunkirk, NY | — | 392 | 1,353 | — | — | 392 | 1,353 | 1,745 | 122 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Erie, PA | — | 941 | 902 | — | — | 941 | 902 | 1,843 | 98 | 1990 | 04/16 | 25 | ||||||||||||||||||||
Erie, PA | — | 451 | 765 | — | — | 451 | 765 | 1,216 | 69 | 1998 | 04/16 | 30 | ||||||||||||||||||||
Fairfield, OH | — | 138 | 776 | — | — | 138 | 776 | 914 | 70 | 1999 | 04/16 | 30 | ||||||||||||||||||||
Fayetteville, WV | — | 392 | 1,285 | — | — | 392 | 1,285 | 1,677 | 116 | 2006 | 04/16 | 30 | ||||||||||||||||||||
Festus, MO | — | 451 | 1,020 | — | — | 451 | 1,020 | 1,471 | 110 | 1990 | 04/16 | 25 | ||||||||||||||||||||
Fort Wayne, IN | — | 795 | 451 | — | — | 795 | 451 | 1,246 | 41 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Fort Wayne, IN | — | 765 | 716 | — | — | 736 | 716 | 1,452 | 65 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Franklin, IN | — | 245 | 1,011 | — | — | 245 | 1,011 | 1,256 | 91 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Frederick, MD | — | 491 | 491 | — | — | 491 | 491 | 982 | 44 | 1995 | 04/16 | 30 | ||||||||||||||||||||
Gahanna, OH | — | 755 | 1,176 | — | — | 755 | 1,176 | 1,931 | 106 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Gaylord, MI | — | 618 | 922 | — | — | 618 | 922 | 1,540 | 83 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Greenfield, IN | — | 246 | 766 | — | — | 246 | 766 | 1,012 | 69 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Greenwood, IN | — | 481 | 883 | — | — | 481 | 883 | 1,364 | 80 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Groveport, OH | — | 549 | 1,078 | — | — | 549 | 1,078 | 1,627 | 97 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Harborcreek, PA | — | 510 | 609 | — | — | 510 | 609 | 1,119 | 55 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Heath, OH | — | 363 | 1,323 | — | — | 363 | 1,323 | 1,686 | 143 | 1986 | 04/16 | 25 | ||||||||||||||||||||
Hillsboro, OH | — | 245 | 1,285 | — | — | 245 | 1,285 | 1,530 | 116 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Holland, OH | — | 804 | 843 | — | — | 804 | 843 | 1,647 | 91 | 1987 | 04/16 | 25 | ||||||||||||||||||||
Indianapolis, IN | — | 559 | 1,088 | — | — | 559 | 1,088 | 1,647 | 98 | 2001 | 04/16 | 30 | ||||||||||||||||||||
Indianapolis, IN | — | 569 | 1,157 | — | — | 569 | 1,157 | 1,726 | 104 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Indianapolis, IN | — | 765 | 765 | — | — | 765 | 765 | 1,530 | 83 | 1985 | 04/16 | 25 | ||||||||||||||||||||
Jackson, MI | — | 608 | 1,029 | — | — | 608 | 1,029 | 1,637 | 93 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Jacksonville, FL | — | 696 | 696 | — | — | 696 | 696 | 1,392 | 63 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Jamestown, NY | — | 334 | 697 | — | — | 334 | 697 | 1,031 | 63 | 1995 | 04/16 | 30 | ||||||||||||||||||||
Lakeland, FL | — | 618 | 540 | — | — | 618 | 540 | 1,158 | 49 | 2005 | 04/16 | 30 | ||||||||||||||||||||
Lancaster, PA | — | 647 | 687 | — | — | 647 | 687 | 1,334 | 62 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Lansing, MI | — | 588 | 873 | — | — | 588 | 873 | 1,461 | 79 | 2001 | 04/16 | 30 | ||||||||||||||||||||
Laurel, MD | — | 716 | 990 | — | — | 716 | 990 | 1,706 | 89 | 1998 | 04/16 | 30 | ||||||||||||||||||||
Lewis Center, OH | — | 608 | 1,049 | — | — | 608 | 1,049 | 1,657 | 95 | 2001 | 04/16 | 30 | ||||||||||||||||||||
Lewisburg, WV | — | 354 | 619 | — | — | 354 | 619 | 973 | 56 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Lexington, KY | — | 432 | 619 | — | — | 432 | 619 | 1,051 | 56 | 2001 | 04/16 | 30 | ||||||||||||||||||||
Linthicum Heights, MD | — | 687 | 755 | — | — | 687 | 755 | 1,442 | 68 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Livonia, MI | — | 716 | 755 | — | — | 716 | 755 | 1,471 | 82 | 1982 | 04/16 | 25 | ||||||||||||||||||||
Logan, WV | — | 314 | 1,285 | — | — | 314 | 1,285 | 1,599 | 116 | 1999 | 04/16 | 30 | ||||||||||||||||||||
Logansport, IN | — | 118 | 1,148 | — | — | 118 | 1,148 | 1,266 | 104 | 1994 | 04/16 | 30 | ||||||||||||||||||||
London, OH | — | 235 | 1,060 | — | — | 235 | 1,060 | 1,295 | 96 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Louisville, KY | — | 815 | 432 | — | — | 815 | 432 | 1,247 | 39 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Madison Heights, MI | — | 599 | 667 | — | — | 599 | 667 | 1,266 | 60 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Mansfield, OH | — | 275 | 1,069 | — | — | 275 | 1,069 | 1,344 | 97 | 2005 | 04/16 | 30 | ||||||||||||||||||||
Marion, IL | — | 344 | 658 | — | — | 344 | 658 | 1,002 | 59 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Marion, IN | — | 443 | 364 | — | — | 443 | 364 | 807 | 33 | 1996 | 04/16 | 30 | ||||||||||||||||||||
Martinsburg, WV | — | 815 | 491 | — | — | 815 | 491 | 1,306 | 44 | 1992 | 04/16 | 30 | ||||||||||||||||||||
Maumee, OH | — | 766 | 295 | — | — | 766 | 295 | 1,061 | 27 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Medina, OH | — | 402 | 922 | — | — | 402 | 922 | 1,324 | 100 | 1988 | 04/16 | 25 | ||||||||||||||||||||
Mentor, OH | — | 667 | 1,039 | — | — | 667 | 1,039 | 1,706 | 94 | 1995 | 04/16 | 30 | ||||||||||||||||||||
Merrillville, IN | — | 942 | 422 | — | — | 942 | 422 | 1,364 | 38 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Moon Township, PA | — | 452 | 521 | — | — | 452 | 521 | 973 | 56 | 1984 | 04/16 | 25 | ||||||||||||||||||||
Morgantown, WV | — | 1,000 | 990 | — | — | 1,000 | 990 | 1,990 | 89 | 1992 | 04/16 | 30 | ||||||||||||||||||||
New Albany, OH | — | 539 | 1,431 | — | — | 539 | 1,431 | 1,970 | 129 | 2002 | 04/16 | 30 | ||||||||||||||||||||
New Castle, PA | — | 461 | 912 | — | — | 461 | 912 | 1,373 | 82 | 2005 | 04/16 | 30 | ||||||||||||||||||||
Ocala, FL | — | 608 | 1,137 | — | — | 608 | 1,137 | 1,745 | 103 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Ocala, FL | — | 853 | 706 | — | — | 853 | 706 | 1,559 | 64 | 2005 | 04/16 | 30 | ||||||||||||||||||||
Oxford, OH | — | 294 | 1,216 | — | — | 294 | 1,216 | 1,510 | 110 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Perrysburg, OH | — | 795 | 363 | — | — | 795 | 363 | 1,158 | 33 | 2001 | 04/16 | 30 | ||||||||||||||||||||
Perrysburg, OH | — | 559 | 990 | — | — | 559 | 990 | 1,549 | 107 | 1984 | 04/16 | 25 | ||||||||||||||||||||
Pickerington, OH | — | 519 | 1,509 | — | — | 519 | 1,509 | 2,028 | 136 | 1999 | 04/16 | 30 | ||||||||||||||||||||
Pittsburgh, PA | — | 491 | 687 | — | — | 491 | 687 | 1,178 | 74 | 1985 | 04/16 | 25 | ||||||||||||||||||||
Port Orange, FL | — | 648 | 491 | — | — | 648 | 491 | 1,139 | 44 | 2002 | 04/16 | 30 | ||||||||||||||||||||
Powell, OH | — | 824 | 706 | — | — | 824 | 706 | 1,530 | 64 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Princeton, WV | — | 363 | 1,255 | — | — | 363 | 1,255 | 1,618 | 113 | 1998 | 04/16 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Richmond, IN | — | 363 | 1,001 | — | — | 363 | 1,001 | 1,364 | 77 | 2003 | 04/16 | 35 | ||||||||||||||||||||
Rio Grande, OH | — | 314 | 1,333 | — | — | 314 | 1,333 | 1,647 | 144 | 1962 | 04/16 | 25 | ||||||||||||||||||||
Romulus, MI | — | 902 | 628 | — | — | 902 | 628 | 1,530 | 68 | 1988 | 04/16 | 25 | ||||||||||||||||||||
Saginaw, MI | — | 648 | 481 | — | — | 648 | 481 | 1,129 | 52 | 1987 | 04/16 | 25 | ||||||||||||||||||||
Salisbury, MD | — | 913 | 471 | — | — | 913 | 471 | 1,384 | 43 | 1997 | 04/16 | 30 | ||||||||||||||||||||
Somerset, KY | — | 245 | 1,295 | — | — | 245 | 1,295 | 1,540 | 117 | 1995 | 04/16 | 30 | ||||||||||||||||||||
South Bloomfield, OH | — | 177 | 1,236 | — | — | 177 | 1,236 | 1,413 | 112 | 2005 | 04/16 | 30 | ||||||||||||||||||||
South Euclid, OH | — | 216 | 933 | — | — | 216 | 933 | 1,149 | 72 | 2012 | 04/16 | 35 | ||||||||||||||||||||
St. Louis, MO | — | 697 | 589 | — | — | 697 | 589 | 1,286 | 64 | 1986 | 04/16 | 25 | ||||||||||||||||||||
St. Petersburg, FL | — | 727 | 324 | — | — | 727 | 324 | 1,051 | 35 | 1986 | 04/16 | 25 | ||||||||||||||||||||
Stafford, VA | — | 764 | 1,225 | — | — | 764 | 1,225 | 1,989 | 111 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Toledo, OH | — | 745 | 1,225 | — | — | 745 | 1,225 | 1,970 | 133 | 1990 | 04/16 | 25 | ||||||||||||||||||||
Waldorf, MD | — | 844 | 657 | — | — | 844 | 657 | 1,501 | 59 | 2004 | 04/16 | 30 | ||||||||||||||||||||
Washington C H, OH | — | 304 | 923 | — | — | 304 | 923 | 1,227 | 83 | 1993 | 04/16 | 30 | ||||||||||||||||||||
Washington, PA | — | 579 | 501 | — | — | 579 | 501 | 1,080 | 45 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Watertown, NY | — | 196 | 1,461 | — | — | 196 | 1,461 | 1,657 | 132 | 1996 | 04/16 | 30 | ||||||||||||||||||||
Waverly, OH | — | 226 | 1,226 | — | — | 226 | 1,226 | 1,452 | 111 | 1995 | 04/16 | 30 | ||||||||||||||||||||
West Chester, OH | — | 765 | 706 | — | — | 765 | 706 | 1,471 | 64 | 1999 | 04/16 | 30 | ||||||||||||||||||||
Wilmington, OH | — | 216 | 1,392 | — | — | 216 | 1,392 | 1,608 | 126 | 1993 | 04/16 | 30 | ||||||||||||||||||||
Woodhaven, MI | — | 511 | 599 | — | — | 511 | 599 | 1,110 | 54 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Wooster, OH | — | 216 | 1,109 | — | — | 216 | 1,109 | 1,325 | 100 | 1995 | 04/16 | 30 | ||||||||||||||||||||
Zanesville, OH | — | 363 | 746 | — | — | 363 | 746 | 1,109 | 67 | 2003 | 04/16 | 30 | ||||||||||||||||||||
Zanesville, OH | — | 314 | 1,333 | — | — | 314 | 1,333 | 1,647 | 120 | 2000 | 04/16 | 30 | ||||||||||||||||||||
Bob's Discount Furniture: | ||||||||||||||||||||||||||||||||
Merrillville, IN | — | 981 | — | 7,285 | — | 981 | 7,285 | 8,266 | 478 | 2016 | 09/15 | (m) | 40 | |||||||||||||||||||
Wharton, NJ | — | 1,894 | 4,899 | — | — | 1,894 | 4,899 | 6,793 | 265 | 1981 | 05/17 | 30 | ||||||||||||||||||||
Bombones Sports Bar: | ||||||||||||||||||||||||||||||||
Dallas, TX | — | 1,138 | 1,025 | 370 | — | 1,138 | 936 | 2,074 | 441 | 1994 | 12/01 | 40 | ||||||||||||||||||||
Bonefish: | ||||||||||||||||||||||||||||||||
Mobile, AL | — | 801 | 2,137 | — | — | 801 | 2,137 | 2,938 | 415 | 2006 | 03/12 | 35 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Books-A-Million: | ||||||||||||||||||||||||||||||||
Newark, DE | — | 2,394 | 4,789 | 33 | — | 2,366 | 4,822 | 7,188 | 2,881 | 1994 | 12/94 | 40 | ||||||||||||||||||||
Bangor, ME | — | 1,547 | 2,487 | — | — | 1,547 | 2,487 | 4,034 | 1,401 | 1996 | 06/96 | 40 | ||||||||||||||||||||
Boot Barn: | ||||||||||||||||||||||||||||||||
Lake Charles, LA | — | 652 | 1,734 | — | — | 652 | 1,734 | 2,386 | 119 | 1998 | 04/17 | 25 | ||||||||||||||||||||
Boston Market: | ||||||||||||||||||||||||||||||||
Geneva, IL | — | 653 | 601 | — | — | 669 | 518 | 1,187 | 230 | 1996 | 12/01 | 40 | ||||||||||||||||||||
North Olmsted, OH | — | 602 | 461 | — | — | 602 | 389 | 991 | 166 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Novi, MI | — | 836 | 651 | — | — | 836 | 298 | 1,134 | 130 | 1995 | 12/01 | 40 | ||||||||||||||||||||
BP: | ||||||||||||||||||||||||||||||||
Jeannette, PA | — | 79 | 235 | — | — | 79 | 235 | 314 | 42 | 1995 | 07/14 | 25 | ||||||||||||||||||||
Buck's: | ||||||||||||||||||||||||||||||||
St. Louis, MO | — | 776 | — | 3,822 | — | 776 | 3,822 | 4,598 | 928 | 2009 | 12/07 | (o) | 40 | |||||||||||||||||||
Glendale Heights, IL | — | 1,662 | — | 3,101 | — | 1,662 | 3,101 | 4,763 | 229 | 2016 | 03/14 | (m) | 40 | |||||||||||||||||||
Omaha, NE | — | 2,662 | — | 3,356 | — | 2,662 | 3,356 | 6,018 | 234 | 2016 | 05/15 | (m) | 40 | |||||||||||||||||||
Council Bluffs, IA | — | 374 | 2,187 | 386 | — | 376 | 2,573 | 2,949 | 294 | 2015 | 06/15 | (m) | 30 | |||||||||||||||||||
Buffalo Wild Wings: | ||||||||||||||||||||||||||||||||
Michigan City, IN | — | 163 | 492 | — | — | 163 | 492 | 655 | 210 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Burger King: | ||||||||||||||||||||||||||||||||
Clifton Park, NY | — | 199 | 1,639 | — | — | 199 | 1,639 | 1,838 | 181 | 2004 | 02/15 | 35 | ||||||||||||||||||||
Colorado Springs, CO | — | 638 | 1,047 | — | — | 638 | 1,047 | 1,685 | 162 | 1978 | 02/15 | 25 | ||||||||||||||||||||
Durham, NC (n) | — | 566 | 555 | — | — | 566 | 555 | 1,121 | 72 | 1998 | 02/15 | 30 | ||||||||||||||||||||
Durham, NC (n) | — | 604 | 581 | — | — | 604 | 581 | 1,185 | 75 | 2005 | 02/15 | 30 | ||||||||||||||||||||
Farmington, ME | — | 461 | 708 | — | — | 461 | 708 | 1,169 | 91 | 1980 | 02/15 | 30 | ||||||||||||||||||||
Yakima, WA | — | 596 | 1,110 | — | — | 596 | 1,110 | 1,706 | 143 | 1979 | 02/15 | 30 | ||||||||||||||||||||
Fairfield, OH | — | 382 | 1,146 | — | — | 382 | 1,146 | 1,528 | 124 | 1984 | 03/15 | 35 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Burlington Coat Factory: | ||||||||||||||||||||||||||||||||
Lacey, WA | — | 2,777 | 7,082 | 3,617 | — | 2,777 | 10,700 | 13,477 | 4,494 | 1992 | 02/97 | 40 | ||||||||||||||||||||
Chesterfield, MO | — | 2,742 | 6,469 | 147 | — | 2,742 | 6,616 | 9,358 | 573 | 2015 | 04/15 | 40 | ||||||||||||||||||||
C&C Gymnastics: | ||||||||||||||||||||||||||||||||
Augusta, GA | — | 177 | 674 | — | — | 177 | 674 | 851 | 287 | 1998 | 12/01 | 40 | ||||||||||||||||||||
Caliber Collision: | ||||||||||||||||||||||||||||||||
Alvin, TX | — | 400 | 712 | — | — | 400 | 712 | 1,112 | 280 | 1984 | 02/11 | 20 | ||||||||||||||||||||
Galveston, TX | — | 361 | 789 | — | — | 361 | 789 | 1,150 | 311 | 1965 | 02/11 | 20 | ||||||||||||||||||||
Houston, TX | — | 348 | 1,731 | — | — | 348 | 1,731 | 2,079 | 545 | 1987 | 02/11 | 25 | ||||||||||||||||||||
Copperas Cove, TX | — | 269 | 1,436 | — | — | 269 | 1,436 | 1,705 | 286 | 1972 | 01/12 | 35 | ||||||||||||||||||||
Killeen, TX | — | 408 | 2,171 | — | — | 408 | 2,171 | 2,579 | 604 | 1986 | 01/12 | 25 | ||||||||||||||||||||
Austin, TX | — | 1,071 | 3,412 | — | — | 1,071 | 3,412 | 4,483 | 938 | 1975 | 02/12 | 25 | ||||||||||||||||||||
Gilbert, AZ | — | 474 | 1,543 | — | — | 474 | 1,543 | 2,017 | 341 | 2003 | 05/12 | 30 | ||||||||||||||||||||
Spring, TX | — | 913 | 2,307 | — | — | 913 | 2,307 | 3,220 | 503 | 2006 | 06/12 | 30 | ||||||||||||||||||||
Tomball, TX | — | 414 | 1,281 | — | — | 414 | 1,281 | 1,695 | 239 | 2009 | 06/12 | 35 | ||||||||||||||||||||
Edmond, OK | — | 472 | 1,437 | — | — | 472 | 1,437 | 1,909 | 277 | 1964 | 03/13 | 30 | ||||||||||||||||||||
Duluth, GA | — | 855 | 2,791 | — | — | 853 | 2,791 | 3,644 | 229 | 1996 | 07/16 | 30 | ||||||||||||||||||||
San Antonio, TX | — | 717 | 2,768 | — | — | 717 | 2,768 | 3,485 | 272 | 1984 | 07/16 | 25 | ||||||||||||||||||||
Camping World: | ||||||||||||||||||||||||||||||||
Vacaville, CA | — | 2,467 | 6,575 | — | — | 2,467 | 6,575 | 9,042 | 1,589 | 2008 | 07/10 | 35 | ||||||||||||||||||||
North Little Rock, AR | — | 1,198 | 3,348 | 2,237 | — | 1,280 | 5,513 | 6,793 | 1,124 | 2007 | 09/10 | (m) | 35 | |||||||||||||||||||
Strafford, MO | — | 1,278 | 3,694 | 2,099 | — | 1,846 | 5,225 | 7,071 | 1,056 | 2007 | 09/10 | (o) | 35 | |||||||||||||||||||
Avondale, AZ | — | 1,976 | 3,040 | 3,200 | — | 1,976 | 6,239 | 8,215 | 1,201 | 2009 | 05/11 | (o) | 35 | |||||||||||||||||||
Mesa, AZ | — | 3,972 | 2,046 | 981 | — | 3,975 | 3,027 | 7,002 | 863 | 1983 | 05/11 | 25 | ||||||||||||||||||||
Bowling Green, KY | — | 584 | 2,481 | — | — | 584 | 2,481 | 3,065 | 529 | 2007 | 07/11 | 35 | ||||||||||||||||||||
Council Bluffs, IA | — | 2,013 | 2,806 | 2,187 | — | 2,955 | 4,048 | 7,003 | 676 | 2008 | 07/11 | (o) | 35 | |||||||||||||||||||
Roanoke, VA | — | 2,046 | 5,050 | 2,590 | — | 3,563 | 6,122 | 9,685 | 1,144 | 2008 | 07/11 | 35 | ||||||||||||||||||||
Golden, CO | — | 5,516 | — | 8,175 | — | 6,446 | 7,246 | 13,692 | 1,148 | 2012 | 10/11 | (m) | 40 | |||||||||||||||||||
Kissimmee, FL | — | 1,578 | 2,783 | — | — | 1,578 | 2,783 | 4,361 | 784 | 1979 | 12/11 | 25 | ||||||||||||||||||||
La Mirada, CA | — | 3,593 | 911 | — | — | 3,577 | 907 | 4,484 | 213 | 1996 | 12/11 | 30 | ||||||||||||||||||||
Nashville, TN | — | 1,155 | 1,034 | 5,665 | — | 3,626 | 4,235 | 7,861 | 795 | 1985 | 12/11 | (o) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Valencia, CA | — | 4,788 | 4,191 | — | — | 4,766 | 4,179 | 8,945 | 1,177 | 1980 | 12/11 | 25 | ||||||||||||||||||||
Calera, AL | — | 1,204 | 3,075 | — | — | 1,204 | 3,075 | 4,279 | 597 | 2008 | 03/12 | 35 | ||||||||||||||||||||
Cocoa, FL | — | 1,194 | 1,876 | — | — | 1,194 | 1,876 | 3,070 | 404 | 1981 | 07/12 | 30 | ||||||||||||||||||||
Dover, FL | — | 2,431 | 9,658 | 3,047 | — | 5,478 | 9,658 | 15,136 | 1,562 | 2013 | 01/13 | 35 | ||||||||||||||||||||
Grain Valley, MO | — | 1,210 | 2,908 | 3,441 | — | 2,533 | 5,026 | 7,559 | 594 | 2003 | 09/13 | (o) | 35 | |||||||||||||||||||
Lubbock, TX | — | 775 | 3,998 | — | — | 775 | 3,998 | 4,773 | 705 | 1997 | 09/13 | 30 | ||||||||||||||||||||
Olive Branch, MS | — | 3,163 | — | 3,836 | — | 3,163 | 3,836 | 6,999 | 428 | 2014 | 11/13 | (m) | 40 | |||||||||||||||||||
Cedar Falls, IA | — | 1,924 | 3,810 | 1,158 | — | 1,924 | 4,968 | 6,892 | 748 | 2004 | 03/14 | (o) | 30 | |||||||||||||||||||
Akron, OH | — | 1,221 | 7,868 | — | — | 1,221 | 7,868 | 9,089 | 1,193 | 1991 | 03/15 | 25 | ||||||||||||||||||||
Anniston, AL | — | 3,206 | 5,328 | 1,264 | — | 3,206 | 6,594 | 9,800 | 795 | 2007 | 03/15 | (o) | 30 | |||||||||||||||||||
Richmond, IN | — | 1,096 | 1,424 | 3,104 | — | 2,062 | 3,562 | 5,624 | 352 | 1998 | 03/15 | (o) | 35 | |||||||||||||||||||
Marion, NC | — | 1,712 | 5,317 | — | — | 1,712 | 5,317 | 7,029 | 753 | 2003 | 06/15 | 25 | ||||||||||||||||||||
Syracuse, NY | — | 1,070 | 8,573 | — | — | 1,070 | 8,573 | 9,643 | 1,012 | 2001 | 06/15 | 30 | ||||||||||||||||||||
Jackson, MS | — | 1,690 | 4,241 | — | — | 1,690 | 4,241 | 5,931 | 358 | 2015 | 08/15 | 40 | ||||||||||||||||||||
Davenport, IA | — | 1,535 | 4,498 | — | — | 1,535 | 4,498 | 6,033 | 244 | 1992 | 05/17 | 30 | ||||||||||||||||||||
Thornburg, VA | — | 1,698 | 3,860 | — | — | 1,698 | 3,860 | 5,558 | 251 | 1989 | 05/17 | 25 | ||||||||||||||||||||
Anderson, CA | — | 763 | 2,450 | — | — | 763 | 2,450 | 3,213 | 3 | 2004 | 12/18 | 30 | ||||||||||||||||||||
Apollo, PA | — | 303 | 2,324 | — | — | 303 | 2,324 | 2,627 | 3 | 2015 | 12/18 | 35 | ||||||||||||||||||||
Bartow, FL | — | 1,005 | 4,573 | — | — | 1,005 | 4,573 | 5,578 | 6 | 2001 | 12/18 | 30 | ||||||||||||||||||||
Dothan, AL | — | 1,245 | 3,337 | — | — | 1,245 | 3,337 | 4,582 | 6 | 1991 | 12/18 | 25 | ||||||||||||||||||||
Greenwood, IN | — | 2,170 | 4,323 | — | — | 2,170 | 4,323 | 6,493 | 7 | 1990 | 12/18 | 25 | ||||||||||||||||||||
Lubbock, TX | — | 512 | 1,314 | — | — | 512 | 1,314 | 1,826 | 2 | 1985 | 12/18 | 25 | ||||||||||||||||||||
Newport News, VA | — | 2,697 | 4,342 | — | — | 2,697 | 4,342 | 7,039 | 6 | 2004 | 12/18 | 30 | ||||||||||||||||||||
Oklahoma City, OK | — | 635 | 4,378 | — | — | 635 | 4,378 | 5,013 | 6 | 2012 | 12/18 | 30 | ||||||||||||||||||||
Captain D's: | ||||||||||||||||||||||||||||||||
Tupelo, MS | — | 360 | 517 | — | — | 360 | 517 | 877 | 67 | 1999 | 02/15 | 30 | ||||||||||||||||||||
Ft. Worth, TX | — | 254 | 563 | — | — | 254 | 563 | 817 | 107 | 1982 | 03/15 | 20 | ||||||||||||||||||||
Kingsland, GA | — | 570 | — | 844 | — | 570 | 844 | 1,414 | 62 | 2015 | 09/15 | (m) | 40 | |||||||||||||||||||
Dothan, AL | — | 159 | 1,075 | — | — | 159 | 1,075 | 1,234 | 109 | 1985 | 12/15 | 30 | ||||||||||||||||||||
Boiling Springs, SC | — | 214 | — | 1,181 | — | 214 | 1,181 | 1,395 | 83 | 2003 | 02/16 | (o) | 40 | |||||||||||||||||||
Hermitage, TN | — | 546 | 348 | — | — | 546 | 348 | 894 | 38 | 1976 | 04/16 | 25 | ||||||||||||||||||||
Easley, SC | — | 690 | — | 794 | — | 690 | 794 | 1,484 | 42 | 2016 | 06/16 | (m) | 40 | |||||||||||||||||||
Augusta, GA | — | 573 | 869 | — | — | 573 | 869 | 1,442 | 77 | 1986 | 10/16 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Augusta, GA | — | 227 | 1,136 | — | — | 227 | 1,136 | 1,363 | 100 | 1993 | 10/16 | 25 | ||||||||||||||||||||
Augusta, GA | — | 296 | 1,274 | — | — | 296 | 1,274 | 1,570 | 80 | 2014 | 10/16 | 35 | ||||||||||||||||||||
Augusta, GA | — | 288 | 268 | — | — | 288 | 268 | 556 | 24 | 1985 | 10/16 | 25 | ||||||||||||||||||||
Eastman, GA | — | 228 | 693 | — | — | 228 | 693 | 921 | 61 | 1987 | 10/16 | 25 | ||||||||||||||||||||
Fort Valley, GA | — | 208 | 841 | — | — | 208 | 841 | 1,049 | 46 | 1987 | 10/16 | 40 | ||||||||||||||||||||
Macon, GA | — | 237 | 1,303 | — | — | 237 | 1,303 | 1,540 | 115 | 1982 | 10/16 | 25 | ||||||||||||||||||||
Perry, GA | — | 247 | 1,353 | — | — | 247 | 1,353 | 1,600 | 119 | 1972 | 10/16 | 25 | ||||||||||||||||||||
Baton Rouge, LA | — | 890 | — | 864 | — | 890 | 864 | 1,754 | 33 | 2017 | 12/16 | 40 | ||||||||||||||||||||
Columbia, SC | — | 252 | 756 | — | — | 252 | 756 | 1,008 | 59 | 1976 | 01/17 | 25 | ||||||||||||||||||||
Canton, GA | — | 456 | 753 | — | — | 456 | 753 | 1,209 | 54 | 1984 | 03/17 | 25 | ||||||||||||||||||||
Milwaukee, WI | — | 300 | — | 938 | — | 300 | 938 | 1,238 | 27 | 1977 | 03/17 | (o) | 30 | |||||||||||||||||||
Lugoff, SC | — | 255 | 963 | — | — | 255 | 963 | 1,218 | 55 | 2003 | 04/17 | 30 | ||||||||||||||||||||
North Augusta, SC | — | 265 | 1,060 | — | — | 265 | 1,060 | 1,325 | 60 | 1993 | 04/17 | 30 | ||||||||||||||||||||
Orangeburg, SC | — | 343 | 1,588 | — | — | 343 | 1,588 | 1,931 | 109 | 1988 | 04/17 | 25 | ||||||||||||||||||||
Sumter, SC | — | 403 | 717 | — | — | 403 | 717 | 1,120 | 41 | 2006 | 04/17 | 30 | ||||||||||||||||||||
Crestview, FL | — | 383 | 874 | — | — | 383 | 874 | 1,257 | 48 | 1989 | 08/17 | 25 | ||||||||||||||||||||
Cardenas Markets: | ||||||||||||||||||||||||||||||||
Palo Alto, CA | — | 2,272 | 3,405 | 28 | — | 2,272 | 3,433 | 5,705 | 1,693 | 1998 | 12/98 | (f) | 40 | |||||||||||||||||||
Carl's Jr.: | ||||||||||||||||||||||||||||||||
Spokane, WA (n) | — | 471 | 530 | — | — | 471 | 530 | 1,001 | 226 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Tucson, AZ | — | 681 | 536 | 103 | — | 681 | 639 | 1,320 | 639 | 1988 | 06/05 | 10 | ||||||||||||||||||||
CarQuest: | ||||||||||||||||||||||||||||||||
Anaconda, MT | — | 35 | 307 | — | — | 35 | 307 | 342 | 124 | 1965 | 12/10 | 20 | ||||||||||||||||||||
Ann Arbor, MI (n) | — | 25 | 241 | — | — | 25 | 241 | 266 | 97 | 1970 | 12/10 | 20 | ||||||||||||||||||||
Appleton, WI | — | 85 | 438 | — | — | 85 | 438 | 523 | 117 | 1995 | 12/10 | 30 | ||||||||||||||||||||
Baker, MT | — | 12 | 140 | — | — | 12 | 140 | 152 | 56 | 1965 | 12/10 | 20 | ||||||||||||||||||||
Bakersfield, CA | — | 77 | 484 | — | — | 32 | 484 | 516 | 194 | 1945 | 12/10 | 20 | ||||||||||||||||||||
Bangor, ME (n) | — | 53 | 356 | — | — | 53 | 356 | 409 | 191 | 1945 | 12/10 | 15 | ||||||||||||||||||||
Bay City, MI | — | 14 | 100 | — | — | 14 | 100 | 114 | 54 | 1942 | 12/10 | 15 | ||||||||||||||||||||
Bay City, MI | — | 41 | 282 | — | — | 41 | 282 | 323 | 91 | 1989 | 12/10 | 25 | ||||||||||||||||||||
Bend, OR (n) | — | 125 | 245 | — | — | 125 | 245 | 370 | 132 | 1935 | 12/10 | 15 | ||||||||||||||||||||
Billings, MT | — | 31 | 188 | — | — | 31 | 188 | 219 | 60 | 1970 | 12/10 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Bozeman, MT | — | 28 | 257 | — | — | 28 | 257 | 285 | 103 | 1964 | 12/10 | 20 | ||||||||||||||||||||
Burlington, NC (n) | — | 47 | 229 | — | — | 47 | 229 | 276 | 61 | 1994 | 12/10 | 30 | ||||||||||||||||||||
Cody, WY | — | 146 | 253 | — | — | 96 | 253 | 349 | 68 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Colstrip, MT | — | 39 | 275 | — | — | 39 | 275 | 314 | 88 | 1981 | 12/10 | 25 | ||||||||||||||||||||
Connersville, IN | — | 28 | 171 | — | — | 28 | 171 | 199 | 92 | 1920 | 12/10 | 15 | ||||||||||||||||||||
Corapolis, PA | — | 74 | 316 | — | — | 74 | 316 | 390 | 127 | 1980 | 12/10 | 20 | ||||||||||||||||||||
Cut Bank, MT | — | 9 | 115 | — | — | 9 | 115 | 124 | 46 | 1937 | 12/10 | 20 | ||||||||||||||||||||
Dillon, MT | — | 24 | 204 | — | — | 24 | 204 | 228 | 82 | 1973 | 12/10 | 20 | ||||||||||||||||||||
Enterprise, AL (n) | — | 25 | 184 | — | — | 25 | 184 | 209 | 59 | 1988 | 12/10 | 25 | ||||||||||||||||||||
Evansville, IN | — | 60 | 301 | — | — | 60 | 301 | 361 | 97 | 1980 | 12/10 | 25 | ||||||||||||||||||||
Fairbanks, AK | — | 292 | 545 | — | — | 292 | 545 | 837 | 125 | 2003 | 12/10 | 35 | ||||||||||||||||||||
Glasgow, MT | — | 48 | 275 | — | — | 48 | 275 | 323 | 110 | 1972 | 12/10 | 20 | ||||||||||||||||||||
Great Falls, MT | — | 17 | 173 | — | — | 17 | 173 | 190 | 69 | 1967 | 12/10 | 20 | ||||||||||||||||||||
Hamilton, MT | — | 24 | 242 | — | — | 24 | 242 | 266 | 78 | 1991 | 12/10 | 25 | ||||||||||||||||||||
Harlem, MT | — | 17 | 116 | — | — | 17 | 116 | 133 | 37 | 1983 | 12/10 | 25 | ||||||||||||||||||||
Helena, MT | — | 31 | 282 | — | — | 31 | 282 | 313 | 91 | 1987 | 12/10 | 25 | ||||||||||||||||||||
Kalispell, MT | — | 59 | 645 | — | — | 59 | 645 | 704 | 173 | 1998 | 12/10 | 30 | ||||||||||||||||||||
Lafayette, LA | — | 51 | 357 | — | — | 51 | 357 | 408 | 96 | 1996 | 12/10 | 30 | ||||||||||||||||||||
Lewistown, MT | — | 19 | 180 | — | — | 19 | 180 | 199 | 58 | 1964 | 12/10 | 25 | ||||||||||||||||||||
Livingston, MT | — | 34 | 261 | — | — | 34 | 261 | 295 | 105 | 1976 | 12/10 | 20 | ||||||||||||||||||||
Lufkin, TX (n) | — | 94 | 229 | — | — | 94 | 229 | 323 | 92 | 1986 | 12/10 | 20 | ||||||||||||||||||||
Malta, MT | — | 19 | 181 | — | — | 19 | 181 | 200 | 58 | 1976 | 12/10 | 25 | ||||||||||||||||||||
Memphis, TN | — | 38 | 199 | — | — | 38 | 199 | 237 | 64 | 1987 | 12/10 | 25 | ||||||||||||||||||||
Metamora, IL | — | 69 | 292 | — | — | 69 | 292 | 361 | 78 | 1996 | 12/10 | 30 | ||||||||||||||||||||
Midland, MI | — | 44 | 336 | — | — | 44 | 336 | 380 | 90 | 1986 | 12/10 | 30 | ||||||||||||||||||||
Muskegon, MI | — | 38 | 257 | — | — | 38 | 257 | 295 | 69 | 1990 | 12/10 | 30 | ||||||||||||||||||||
Nicholasville, KY (n) | — | 54 | 241 | — | — | 54 | 241 | 295 | 77 | 1988 | 12/10 | 25 | ||||||||||||||||||||
Olathe, KS | — | 78 | 235 | — | — | 78 | 235 | 313 | 126 | 1950 | 12/10 | 15 | ||||||||||||||||||||
Oshkosh, WI | — | 99 | 224 | — | — | 99 | 224 | 323 | 60 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Overland, MO | — | 68 | 370 | — | — | 68 | 370 | 438 | 149 | 1961 | 12/10 | 20 | ||||||||||||||||||||
Owosso, MI (n) | — | 50 | 264 | — | — | 50 | 264 | 314 | 85 | 1986 | 12/10 | 25 | ||||||||||||||||||||
Pearl, MS | — | 43 | 195 | — | — | 43 | 195 | 238 | 52 | 1989 | 12/10 | 30 | ||||||||||||||||||||
Powell, WY | — | 37 | 182 | — | — | 37 | 182 | 219 | 58 | 1978 | 12/10 | 25 | ||||||||||||||||||||
Riverton, WY | — | 99 | 300 | — | — | 99 | 300 | 399 | 97 | 1978 | 12/10 | 25 | ||||||||||||||||||||
Roundup, MT | — | 23 | 205 | — | — | 23 | 205 | 228 | 82 | 1972 | 12/10 | 20 | ||||||||||||||||||||
Sheboygan, WI | — | 77 | 370 | — | — | 77 | 370 | 447 | 85 | 2007 | 12/10 | 35 | ||||||||||||||||||||
Shelby, MT | — | 20 | 208 | — | — | 20 | 208 | 228 | 83 | 1976 | 12/10 | 20 | ||||||||||||||||||||
Sidney, MT (n) | — | 42 | 395 | — | — | 42 | 395 | 437 | 159 | 1962 | 12/10 | 20 | ||||||||||||||||||||
Spartanburg, SC | — | 53 | 252 | — | — | 53 | 252 | 305 | 81 | 1972 | 12/10 | 25 | ||||||||||||||||||||
Sulphur, LA (n) | — | 31 | 216 | — | — | 31 | 216 | 247 | 87 | 1984 | 12/10 | 20 | ||||||||||||||||||||
Wasilla, AK | — | 227 | 504 | — | — | 227 | 504 | 731 | 116 | 2002 | 12/10 | 35 | ||||||||||||||||||||
Waynesboro, MS | — | 15 | 71 | — | — | 15 | 71 | 86 | 38 | 1962 | 12/10 | 15 | ||||||||||||||||||||
Whitefish, MT | — | 30 | 227 | — | — | 30 | 227 | 257 | 61 | 1993 | 12/10 | 30 | ||||||||||||||||||||
Williston, ND | — | 35 | 297 | — | — | 35 | 297 | 332 | 80 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Benton Harbor, MI | — | 207 | 160 | — | — | 207 | 160 | 367 | 63 | 1978 | 02/11 | 20 | ||||||||||||||||||||
Caro, MI | — | 85 | 132 | — | — | 85 | 132 | 217 | 104 | 1941 | 02/11 | 10 | ||||||||||||||||||||
Essexville, MI (n) | — | 113 | 113 | — | — | 113 | 113 | 226 | 45 | 1974 | 02/11 | 20 | ||||||||||||||||||||
Mt. Pleasant, MI (n) | — | 85 | 207 | — | — | 85 | 207 | 292 | 65 | 1984 | 02/11 | 25 | ||||||||||||||||||||
Saginaw, MI | — | 179 | 75 | — | — | 179 | 75 | 254 | 59 | 1955 | 02/11 | 10 | ||||||||||||||||||||
Warrenton, VA (n) | — | 123 | 66 | — | — | 123 | 66 | 189 | 52 | 1939 | 02/11 | 10 | ||||||||||||||||||||
Billings, MT | — | 66 | 291 | — | — | 66 | 291 | 357 | 87 | 1994 | 07/11 | 25 | ||||||||||||||||||||
New Castle, IN (n) | — | 113 | 19 | — | — | 113 | 19 | 132 | 6 | 1991 | 07/11 | 25 | ||||||||||||||||||||
Spokane, WA | — | 75 | 56 | — | — | 75 | 56 | 131 | 21 | 1955 | 07/11 | 20 | ||||||||||||||||||||
Chicago, IL | — | 90 | 239 | — | — | 90 | 239 | 329 | 114 | 1949 | 11/11 | 15 | ||||||||||||||||||||
Missoula, MT | — | 99 | 367 | — | — | 99 | 367 | 466 | 131 | 1965 | 11/11 | 20 | ||||||||||||||||||||
Sheridan, WY | — | 198 | 385 | — | — | 198 | 385 | 583 | 137 | 1980 | 11/11 | 20 | ||||||||||||||||||||
Sauk Centre, MN | — | 64 | 85 | — | — | 64 | 85 | 149 | 24 | 1958 | 11/11 | 25 | ||||||||||||||||||||
Watford City, ND | — | 31 | 124 | — | — | 31 | 124 | 155 | 35 | 1974 | 11/11 | 25 | ||||||||||||||||||||
Worland, WY | — | 48 | 193 | — | — | 48 | 193 | 241 | 65 | 1949 | 04/12 | 20 | ||||||||||||||||||||
Anchorage, AK | — | 315 | 92 | — | — | 315 | 92 | 407 | 30 | 1971 | 06/12 | 20 | ||||||||||||||||||||
Havre, MT | — | 29 | 305 | — | — | 29 | 305 | 334 | 100 | 1964 | 06/12 | 20 | ||||||||||||||||||||
San Antonio, TX | — | 137 | 361 | — | — | 137 | 361 | 498 | 102 | 1980 | 05/13 | 20 | ||||||||||||||||||||
San Antonio, TX | — | 87 | 719 | — | — | 87 | 719 | 806 | 162 | 1973 | 05/13 | 25 | ||||||||||||||||||||
Jackson, MS | — | 253 | — | 604 | — | 253 | 604 | 857 | 76 | 2013 | 06/13 | (m) | 40 | |||||||||||||||||||
Carrabba's: | ||||||||||||||||||||||||||||||||
Canton, MI | — | 685 | 1,687 | — | — | 685 | 1,687 | 2,372 | 382 | 2002 | 03/12 | 30 | ||||||||||||||||||||
Dallas, TX | — | 672 | 1,078 | — | — | 672 | 1,078 | 1,750 | 244 | 2000 | 03/12 | 30 | ||||||||||||||||||||
Gainesville, FL | — | 922 | 1,944 | — | — | 922 | 1,944 | 2,866 | 440 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Jacksonville, FL | — | 1,140 | 1,428 | — | — | 1,140 | 1,428 | 2,568 | 323 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Mason, OH | — | 653 | 2,267 | — | — | 653 | 2,267 | 2,920 | 513 | 2000 | 03/12 | 30 | ||||||||||||||||||||
Maumee, OH | — | 525 | 2,684 | — | — | 525 | 2,684 | 3,209 | 608 | 2002 | 03/12 | 30 | ||||||||||||||||||||
Mobile, AL | — | 633 | 1,909 | — | — | 633 | 1,909 | 2,542 | 432 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Pensacola, FL | — | 734 | 1,854 | — | — | 734 | 1,854 | 2,588 | 360 | 2003 | 03/12 | 35 | ||||||||||||||||||||
Waldorf, MD | — | 1,473 | 2,199 | — | — | 1,473 | 2,199 | 3,672 | 427 | 2007 | 03/12 | 35 | ||||||||||||||||||||
Carvana: | ||||||||||||||||||||||||||||||||
Austin, TX | — | 1,045 | 1,969 | — | — | 1,045 | 1,969 | 3,014 | 84 | 2017 | 04/17 | 40 | ||||||||||||||||||||
Carvers: | ||||||||||||||||||||||||||||||||
Centerville, OH | — | 851 | 1,059 | — | — | 851 | 1,059 | 1,910 | 451 | 1986 | 12/01 | 40 | ||||||||||||||||||||
Cell Pro: | ||||||||||||||||||||||||||||||||
Ridgeland, MS | — | 436 | 523 | 144 | — | 436 | 666 | 1,102 | 236 | 1997 | 08/06 | 40 | ||||||||||||||||||||
Chair King: | ||||||||||||||||||||||||||||||||
Grapevine, TX | — | 1,018 | 2,067 | 377 | — | 1,018 | 2,444 | 3,462 | 1,132 | 1998 | 06/98 | 40 | ||||||||||||||||||||
Champps: | ||||||||||||||||||||||||||||||||
Irving, TX | — | 1,760 | 1,724 | — | — | 1,760 | 1,724 | 3,484 | 735 | 2000 | 12/01 | 40 | ||||||||||||||||||||
Charleston Auto Auction: | ||||||||||||||||||||||||||||||||
Moncks Corner, SC | — | 1,628 | 5,911 | 471 | — | 1,628 | 6,383 | 8,011 | 682 | 2000 | 09/15 | (o) | 30 | |||||||||||||||||||
Cheddar's Cafe: | ||||||||||||||||||||||||||||||||
Baytown, TX | — | 858 | 2,251 | — | — | 858 | 2,251 | 3,109 | 453 | 2010 | 12/10 | 40 | ||||||||||||||||||||
West Monroe, LA | — | 907 | 2,301 | — | — | 907 | 2,301 | 3,208 | 458 | 2010 | 01/11 | 40 | ||||||||||||||||||||
Selma, TX | — | 1,446 | — | 2,439 | — | 1,446 | 2,439 | 3,885 | 445 | 2011 | 03/11 | (m) | 40 | |||||||||||||||||||
Jonesboro, AR | — | 1,206 | — | 2,459 | — | 1,206 | 2,459 | 3,665 | 438 | 2011 | 05/11 | (m) | 40 | |||||||||||||||||||
Hattiesburg, MS | — | 1,203 | — | — | — | 1,196 | (i) | 1,196 | (i) | (i) | 11/11 | (i) | ||||||||||||||||||||
Pleasant Prairie, WI | — | 1,310 | — | 2,779 | — | 1,310 | 2,779 | 4,089 | 362 | 2013 | 04/13 | (m) | 40 | |||||||||||||||||||
Liberty, MO | — | 1,313 | — | 3,140 | — | 1,313 | 3,140 | 4,453 | 389 | 2014 | 07/13 | (m) | 40 | |||||||||||||||||||
Alcoa, TN | — | 1,537 | 3,003 | — | — | 1,537 | 3,003 | 4,540 | 132 | 2010 | 06/17 | 35 | ||||||||||||||||||||
Asheville, NC | — | 1,540 | 2,785 | — | — | 1,540 | 2,785 | 4,325 | 143 | 2006 | 06/17 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 1,326 | 2,795 | — | — | 1,326 | 2,795 | 4,121 | 144 | 2004 | 06/17 | 30 | ||||||||||||||||||||
Cordova, TN | — | 1,869 | 2,411 | — | — | 1,869 | 2,411 | 4,280 | 106 | 2013 | 06/17 | 35 | ||||||||||||||||||||
Knoxville, TN | — | 1,444 | 3,086 | — | — | 1,444 | 3,086 | 4,530 | 136 | 2011 | 06/17 | 35 | ||||||||||||||||||||
Morgantown, WV | — | 1,530 | 2,966 | — | — | 1,530 | 2,966 | 4,496 | 131 | 2011 | 06/17 | 35 | ||||||||||||||||||||
Triadelphia, WV | — | 1,200 | 3,449 | — | — | 1,200 | 3,449 | 4,649 | 152 | 2008 | 06/17 | 35 | ||||||||||||||||||||
Chili's: | ||||||||||||||||||||||||||||||||
Camden, SC | — | 627 | 1,888 | — | — | 627 | 1,888 | 2,515 | 627 | 2005 | 09/05 | 40 | ||||||||||||||||||||
Milledgeville, GA | — | 516 | 1,997 | — | — | 516 | 1,997 | 2,513 | 663 | 2005 | 09/05 | 40 | ||||||||||||||||||||
Albany, GA | — | 615 | — | 1,984 | — | 615 | 1,984 | 2,599 | 556 | 2007 | 06/07 | (m) | 40 | |||||||||||||||||||
Statesboro, GA | — | 703 | — | 1,888 | — | 703 | 1,888 | 2,591 | 525 | 2007 | 06/07 | (m) | 40 | |||||||||||||||||||
Florence, SC | — | 889 | 1,715 | — | — | 889 | 1,715 | 2,604 | 495 | 2007 | 06/07 | 40 | ||||||||||||||||||||
Valdosta, GA | — | 716 | — | 1,871 | — | 716 | 1,871 | 2,587 | 516 | 2007 | 07/07 | (m) | 40 | |||||||||||||||||||
Tifton, GA | — | 454 | 1,550 | — | — | 454 | 1,550 | 2,004 | 396 | 2008 | 06/08 | 40 | ||||||||||||||||||||
Evans, GA | — | 700 | — | 1,511 | — | 685 | 1,511 | 2,196 | 373 | 2009 | 10/08 | (m) | 40 | |||||||||||||||||||
Jefferson City, MO | — | 305 | 898 | — | — | 305 | 898 | 1,203 | 232 | 2003 | 12/09 | 35 | ||||||||||||||||||||
Merriam, KS | — | 853 | 981 | — | — | 853 | 981 | 1,834 | 296 | 1998 | 12/09 | 30 | ||||||||||||||||||||
Wichita, KS | — | 420 | 623 | — | — | 420 | 623 | 1,043 | 188 | 1995 | 12/09 | 30 | ||||||||||||||||||||
Hutchinson, KS | — | 456 | 1,794 | — | — | 456 | 1,794 | 2,250 | 351 | 2004 | 02/13 | 30 | ||||||||||||||||||||
Lexington, SC | — | 630 | 1,620 | — | — | 630 | 1,620 | 2,250 | 272 | 2008 | 02/13 | 35 | ||||||||||||||||||||
China 1: | ||||||||||||||||||||||||||||||||
Cohoes, NY | — | 16 | 87 | 6 | — | 16 | 93 | 109 | 36 | 1994 | 09/04 | 40 | ||||||||||||||||||||
China Garden: | ||||||||||||||||||||||||||||||||
Tucson, AZ | — | 827 | 305 | 142 | — | 845 | 429 | 1,274 | 159 | 1974 | 12/01 | 40 | ||||||||||||||||||||
Chipotle: | ||||||||||||||||||||||||||||||||
Florissant, MO | — | 50 | 59 | 170 | — | 50 | 228 | 278 | 57 | 2013 | 04/03 | (g) | 40 | |||||||||||||||||||
Chuck E. Cheese's: | ||||||||||||||||||||||||||||||||
Mobile, AL | — | 340 | 951 | — | — | 340 | 951 | 1,291 | 339 | 1981 | 11/11 | 20 | ||||||||||||||||||||
Antioch, TN | — | 459 | 1,738 | — | — | 459 | 1,738 | 2,197 | 516 | 1982 | 07/14 | 15 | ||||||||||||||||||||
Huntsville, AL | — | 382 | 1,182 | — | — | 382 | 1,182 | 1,564 | 263 | 1960 | 07/14 | 20 | ||||||||||||||||||||
Saginaw, MI | — | 489 | 1,203 | — | — | 489 | 1,203 | 1,692 | 268 | 1981 | 07/14 | 20 | ||||||||||||||||||||
Albuquerque, NM | — | 794 | 2,126 | — | — | 794 | 2,126 | 2,920 | 266 | 2003 | 08/14 | 35 | ||||||||||||||||||||
Alexandria, LA | — | 872 | 3,291 | — | — | 872 | 3,291 | 4,163 | 576 | 1983 | 08/14 | 25 | ||||||||||||||||||||
Alpharetta, GA | — | 2,027 | 1,743 | — | — | 2,027 | 1,743 | 3,770 | 254 | 2001 | 08/14 | 30 | ||||||||||||||||||||
Atlanta, GA | — | 1,313 | 1,656 | — | — | 1,313 | 1,656 | 2,969 | 290 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Austin, TX | — | 852 | 4,024 | — | — | 852 | 4,024 | 4,876 | 587 | 2001 | 08/14 | 30 | ||||||||||||||||||||
Batavia, IL | — | 1,214 | 2,664 | — | — | 1,214 | 2,664 | 3,878 | 388 | 1999 | 08/14 | 30 | ||||||||||||||||||||
Birmingham, AL | — | 627 | 3,662 | — | — | 627 | 3,662 | 4,289 | 641 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Columbia, SC | — | 509 | 2,655 | — | — | 509 | 2,655 | 3,164 | 387 | 1983 | 08/14 | 30 | ||||||||||||||||||||
Conroe, TX | — | 793 | 3,388 | — | — | 793 | 3,388 | 4,181 | 494 | 2001 | 08/14 | 30 | ||||||||||||||||||||
Cordova, TN | — | 1,195 | 3,055 | — | — | 1,195 | 3,055 | 4,250 | 446 | 2002 | 08/14 | 30 | ||||||||||||||||||||
Denton, TX | — | 833 | 1,245 | — | — | 833 | 1,245 | 2,078 | 156 | 2003 | 08/14 | 35 | ||||||||||||||||||||
El Centro, CA | — | 470 | 2,811 | — | — | 470 | 2,811 | 3,281 | 351 | 2005 | 08/14 | 35 | ||||||||||||||||||||
Englewood, CO | — | 911 | 3,056 | — | — | 911 | 3,056 | 3,967 | 446 | 1970 | 08/14 | 30 | ||||||||||||||||||||
Foothill Ranch, CA | — | 1,088 | 1,391 | — | — | 1,088 | 1,391 | 2,479 | 203 | 2003 | 08/14 | 30 | ||||||||||||||||||||
Ft. Wayne, IN | — | 686 | 3,232 | — | — | 686 | 3,232 | 3,918 | 471 | 1985 | 08/14 | 30 | ||||||||||||||||||||
Garland, TX | — | 1,224 | 2,302 | — | — | 1,224 | 2,302 | 3,526 | 288 | 2006 | 08/14 | 35 | ||||||||||||||||||||
Grand Prairie, TX | — | 1,380 | 4,983 | — | — | 1,380 | 4,983 | 6,363 | 727 | 2001 | 08/14 | 30 | ||||||||||||||||||||
Grapevine, TX | — | 1,303 | 2,135 | — | — | 1,303 | 2,135 | 3,438 | 311 | 2002 | 08/14 | 30 | ||||||||||||||||||||
Greenville, SC | — | 764 | 3,554 | — | — | 764 | 3,554 | 4,318 | 622 | 1983 | 08/14 | 25 | ||||||||||||||||||||
Hickory, NC | — | 647 | 1,686 | — | — | 647 | 1,686 | 2,333 | 211 | 2002 | 08/14 | 35 | ||||||||||||||||||||
Horn Lake, MS | — | 960 | 3,388 | — | — | 835 | 3,388 | 4,223 | 424 | 2002 | 08/14 | 35 | ||||||||||||||||||||
Jacksonville, FL | — | 1,038 | 4,220 | — | — | 1,038 | 4,220 | 5,258 | 738 | 1981 | 08/14 | 25 | ||||||||||||||||||||
Katy, TX | — | 960 | 4,171 | — | — | 960 | 4,171 | 5,131 | 608 | 2002 | 08/14 | 30 | ||||||||||||||||||||
Kennesaw, GA | — | 1,332 | 3,818 | — | — | 1,332 | 3,818 | 5,150 | 557 | 1999 | 08/14 | 30 | ||||||||||||||||||||
Killeen, TX | — | 832 | 4,876 | — | — | 832 | 4,876 | 5,708 | 609 | 2004 | 08/14 | 35 | ||||||||||||||||||||
Lake Charles, LA | — | 853 | 1,539 | — | — | 853 | 1,539 | 2,392 | 224 | 2001 | 08/14 | 30 | ||||||||||||||||||||
Littleton, CO | — | 1,234 | 4,288 | — | — | 1,234 | 4,288 | 5,522 | 625 | 1994 | 08/14 | 30 | ||||||||||||||||||||
Longview, TX | — | 314 | 1,931 | — | — | 314 | 1,931 | 2,245 | 241 | 2004 | 08/14 | 35 | ||||||||||||||||||||
Madison, WI | — | 999 | 1,989 | — | — | 999 | 1,989 | 2,988 | 348 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Miamisburg, OH | — | 607 | 4,416 | — | — | 607 | 4,416 | 5,023 | 773 | 1986 | 08/14 | 25 | ||||||||||||||||||||
Midland, TX | — | 588 | 2,537 | — | — | 588 | 2,537 | 3,125 | 370 | 2000 | 08/14 | 30 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
N. Richland Hills, TX | — | 588 | 4,064 | — | — | 588 | 4,064 | 4,652 | 711 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Norcross, GA | — | 1,077 | 2,703 | — | — | 1,077 | 2,703 | 3,780 | 473 | 1982 | 08/14 | 25 | ||||||||||||||||||||
North Charleston, SC | — | 1,449 | 3,319 | — | — | 1,449 | 3,319 | 4,768 | 484 | 2003 | 08/14 | 30 | ||||||||||||||||||||
Oklahoma City, OK | — | 499 | 3,203 | — | — | 499 | 3,203 | 3,702 | 560 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Olathe, KS | — | 843 | 736 | — | — | 794 | 736 | 1,530 | 107 | 2002 | 08/14 | 30 | ||||||||||||||||||||
Racine, WI | — | 765 | 834 | — | — | 765 | 834 | 1,599 | 122 | 2000 | 08/14 | 30 | ||||||||||||||||||||
Roanoke, VA | — | 617 | 4,787 | — | — | 617 | 4,787 | 5,404 | 838 | 1983 | 08/14 | 25 | ||||||||||||||||||||
San Antonio, TX | — | 793 | 4,670 | — | — | 793 | 4,670 | 5,463 | 817 | 1990 | 08/14 | 25 | ||||||||||||||||||||
San Antonio, TX | — | 1,371 | 2,703 | — | — | 1,371 | 2,703 | 4,074 | 394 | 2001 | 08/14 | 30 | ||||||||||||||||||||
Savannah, GA | — | 1,469 | 2,634 | — | — | 1,469 | 2,634 | 4,103 | 461 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Sharonville, OH | — | 696 | 1,597 | — | — | 696 | 1,597 | 2,293 | 280 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Sterling Heights, MI | — | 725 | 2,322 | — | — | 725 | 2,322 | 3,047 | 339 | 1994 | 08/14 | 30 | ||||||||||||||||||||
Sugarland, TX | — | 1,107 | 3,134 | — | — | 1,107 | 3,134 | 4,241 | 457 | 2002 | 08/14 | 30 | ||||||||||||||||||||
Topeka, KS | — | 373 | 619 | — | — | 373 | 619 | 992 | 90 | 1990 | 08/14 | 30 | ||||||||||||||||||||
Virginia Beach, VA | — | 1,018 | 3,848 | — | — | 1,018 | 3,848 | 4,866 | 673 | 1984 | 08/14 | 25 | ||||||||||||||||||||
Wichita Falls, TX | — | 323 | 3,105 | — | — | 323 | 3,105 | 3,428 | 543 | 1982 | 08/14 | 25 | ||||||||||||||||||||
Wichita, KS | — | 862 | 2,850 | — | — | 862 | 2,850 | 3,712 | 416 | 1991 | 08/14 | 30 | ||||||||||||||||||||
Yuma, AZ | — | 471 | 668 | — | — | 471 | 668 | 1,139 | 83 | 2004 | 08/14 | 35 | ||||||||||||||||||||
Chuy's: | ||||||||||||||||||||||||||||||||
Cincinnati, OH | — | 1,165 | 1,322 | — | — | 1,165 | 1,322 | 2,487 | 237 | 1996 | 05/13 | 30 | ||||||||||||||||||||
Cinemark: | ||||||||||||||||||||||||||||||||
Draper, UT | — | 1,523 | — | 4,487 | — | 1,523 | 4,487 | 6,010 | 855 | 2011 | 08/10 | (m) | 40 | |||||||||||||||||||
Fort Worth, TX | — | 2,140 | — | 7,660 | — | 2,140 | 7,660 | 9,800 | 1,253 | 2012 | 08/11 | (o) | 40 | |||||||||||||||||||
Cincinnati, OH | — | 1,334 | — | 10,206 | — | 1,334 | 10,206 | 11,540 | 1,371 | 2013 | 09/12 | (m) | 40 | |||||||||||||||||||
McCandless, PA | — | 3,094 | — | 6,389 | — | 3,094 | 6,389 | 9,483 | 685 | 2014 | 09/13 | (m) | 40 | |||||||||||||||||||
Marina, CA | — | 15 | — | 5,614 | — | 15 | 5,614 | 5,629 | 450 | 2015 | 08/14 | (m) | 40 | |||||||||||||||||||
Altoona, IA | — | 1,161 | — | 9,923 | — | 1,161 | 9,923 | 11,084 | 713 | 2016 | 01/15 | (m) | 40 | |||||||||||||||||||
Abilene, TX | — | 1,965 | 8,235 | — | — | 1,965 | 8,235 | 10,200 | 283 | 2017 | 08/17 | 40 | ||||||||||||||||||||
City Barbeque: | ||||||||||||||||||||||||||||||||
Charlotte, NC | — | 576 | — | 1,594 | — | 576 | 1,594 | 2,170 | 78 | 2017 | 07/16 | (m) | 40 | |||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Claim Jumper: | ||||||||||||||||||||||||||||||||
Roseville, CA | — | 1,557 | 2,014 | — | — | 1,557 | 2,014 | 3,571 | 858 | 2000 | 12/01 | 40 | ||||||||||||||||||||
Tempe, AZ | — | 2,531 | 2,921 | — | — | 2,531 | 2,921 | 5,452 | 1,244 | 2000 | 12/01 | 40 | ||||||||||||||||||||
Clairton Mini Mart: | ||||||||||||||||||||||||||||||||
Clairton, PA | — | 215 | 701 | — | — | 215 | 701 | 916 | 363 | 1986 | 01/06 | 25 | ||||||||||||||||||||
Cobb Theatre: | ||||||||||||||||||||||||||||||||
Tallahassee, FL | — | 1,267 | — | 18,776 | — | 1,267 | 18,776 | 20,043 | 215 | 2018 | 06/17 | (m) | 40 | |||||||||||||||||||
Continental Rental: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 88 | 633 | — | — | 88 | 603 | 691 | 175 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Cool Crest: | ||||||||||||||||||||||||||||||||
Independence, MO | — | 1,838 | 1,534 | 75 | — | 1,838 | 1,609 | 3,447 | 459 | 1988 | 05/07 | 40 | ||||||||||||||||||||
Cooper's Hawk: | ||||||||||||||||||||||||||||||||
New Lenox, IL | — | 1,328 | — | 4,913 | — | 1,328 | 4,913 | 6,241 | 26 | 2018 | 07/18 | (o) | (k) | |||||||||||||||||||
CORA Rehabilitation Clinics: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 80 | 221 | — | — | 80 | 221 | 301 | 83 | 2001 | 02/04 | 40 | ||||||||||||||||||||
Crest Furniture: | ||||||||||||||||||||||||||||||||
Woodbridge, NJ (n) | — | 3,750 | 5,983 | — | — | 3,750 | 5,983 | 9,733 | 2,387 | 1994 | 01/03 | 40 | ||||||||||||||||||||
CrossAmerica: | ||||||||||||||||||||||||||||||||
Antioch, IL | — | 261 | 2,244 | — | — | 261 | 2,244 | 2,505 | 183 | 1988 | 12/16 | 25 | ||||||||||||||||||||
Fox Lake, IL | — | 252 | 1,184 | — | — | 252 | 1,184 | 1,436 | 81 | 1997 | 12/16 | 30 | ||||||||||||||||||||
Grayslake, IL | — | 194 | 924 | — | — | 194 | 924 | 1,118 | 75 | 1988 | 12/16 | 25 | ||||||||||||||||||||
Joliet, IL | — | 87 | 1,418 | — | — | 87 | 1,418 | 1,505 | 97 | 2005 | 12/16 | 30 | ||||||||||||||||||||
Lincolnshire, IL | — | 350 | 1,146 | — | — | 350 | 1,146 | 1,496 | 117 | 1984 | 12/16 | 20 | ||||||||||||||||||||
Loves Park, IL | — | 107 | 829 | — | — | 107 | 829 | 936 | 56 | 2000 | 12/16 | 30 | ||||||||||||||||||||
Markham, IL | — | 145 | 1,483 | — | — | 145 | 1,483 | 1,628 | 101 | 2007 | 12/16 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Matteson, IL | — | 475 | 1,202 | — | — | 475 | 1,202 | 1,677 | 82 | 2001 | 12/16 | 30 | ||||||||||||||||||||
Orland Park, IL | — | 204 | 1,290 | — | — | 204 | 1,290 | 1,494 | 105 | 1992 | 12/16 | 25 | ||||||||||||||||||||
Richton Park, IL | — | 126 | 1,021 | — | — | 126 | 1,021 | 1,147 | 52 | 2005 | 12/16 | 40 | ||||||||||||||||||||
Rockford, IL | — | 136 | 1,167 | — | — | 136 | 1,167 | 1,303 | 119 | 1968 | 12/16 | 20 | ||||||||||||||||||||
Rockford, IL | — | 263 | 742 | — | — | 263 | 742 | 1,005 | 50 | 1997 | 12/16 | 30 | ||||||||||||||||||||
Rockford, IL | — | 97 | 1,205 | — | — | 97 | 1,205 | 1,302 | 82 | 2002 | 12/16 | 30 | ||||||||||||||||||||
Spring Grove, IL | — | 233 | 1,068 | — | — | 233 | 1,068 | 1,301 | 109 | 1987 | 12/16 | 20 | ||||||||||||||||||||
Wadsworth, IL | — | 398 | 835 | — | — | 398 | 835 | 1,233 | 57 | 1997 | 12/16 | 30 | ||||||||||||||||||||
Wauconda, IL | — | 338 | 2,629 | — | — | 338 | 2,629 | 2,967 | 215 | 1991 | 12/16 | 25 | ||||||||||||||||||||
CSL Plasma: | ||||||||||||||||||||||||||||||||
Homestead, PA | — | 384 | — | 81 | — | 465 | (e) | 465 | (e) | (e) | 02/97 | (e) | ||||||||||||||||||||
CVS: | ||||||||||||||||||||||||||||||||
Lafayette, LA | — | 968 | 949 | — | — | 968 | 565 | 1,533 | 16 | 1995 | 01/96 | 25 | ||||||||||||||||||||
Fort Lauderdale, FL | — | 3,165 | 3,319 | 190 | — | 3,165 | 3,509 | 6,674 | 1,712 | 1995 | 02/96 | 33 | ||||||||||||||||||||
Midwest City, OK | — | 673 | 1,103 | — | — | 673 | 1,103 | 1,776 | 630 | 1996 | 03/96 | 40 | ||||||||||||||||||||
Pantego, TX | — | 1,016 | 1,449 | — | — | 1,016 | 1,449 | 2,465 | 780 | 1996 | 06/97 | 40 | ||||||||||||||||||||
Leavenworth, KS | — | 726 | — | 1,331 | — | 726 | 1,331 | 2,057 | 683 | 1998 | 11/97 | (g) | 40 | |||||||||||||||||||
Lewisville, TX | — | 789 | — | 1,335 | — | 789 | 1,335 | 2,124 | 677 | 1998 | 04/98 | (g) | 40 | |||||||||||||||||||
Forest Hill, TX | — | 692 | — | 1,175 | — | 692 | 1,175 | 1,867 | 598 | 1998 | 04/98 | (g) | 40 | |||||||||||||||||||
Garland, TX | — | 1,477 | — | 1,400 | — | 1,477 | 1,400 | 2,877 | 705 | 1998 | 06/98 | (g) | 40 | |||||||||||||||||||
Oklahoma City, OK | — | 1,581 | — | 1,471 | — | 1,581 | 1,471 | 3,052 | 734 | 1999 | 08/98 | (g) | 40 | |||||||||||||||||||
Dallas, TX | — | 2,618 | — | 2,571 | — | 2,618 | 2,571 | 5,189 | 977 | 2003 | 06/99 | (g) | 40 | |||||||||||||||||||
Gladstone, MO | — | 1,851 | — | 1,740 | — | 1,851 | 1,740 | 3,591 | 799 | 2000 | 12/99 | (g) | 40 | |||||||||||||||||||
Dairy Queen: | ||||||||||||||||||||||||||||||||
Lubbock, TX | — | 313 | 450 | — | — | 313 | 450 | 763 | 116 | 1981 | 02/15 | 15 | ||||||||||||||||||||
Dave & Buster's: | ||||||||||||||||||||||||||||||||
Hilliard, OH | — | 934 | 4,689 | — | — | 934 | 4,689 | 5,623 | 1,421 | 1998 | 11/06 | 40 | ||||||||||||||||||||
Tulsa, OK | — | 1,862 | — | 2,105 | — | 1,862 | 2,105 | 3,967 | 524 | 2009 | 04/08 | (m) | 40 | |||||||||||||||||||
Wauwatosa, WI | — | 5,694 | — | 5,638 | — | 5,694 | 5,638 | 11,332 | 1,239 | 2010 | 12/08 | (m) | 40 | |||||||||||||||||||
Orlando, FL | — | 8,114 | — | 4,224 | — | 8,114 | 4,224 | 12,338 | 788 | 2011 | 06/10 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Oklahoma City, OK | — | 3,156 | — | 4,870 | — | 3,156 | 4,870 | 8,026 | 847 | 2012 | 02/11 | (m) | 40 | |||||||||||||||||||
Dallas, TX | — | 5,052 | — | 8,808 | — | 5,052 | 8,808 | 13,860 | 1,330 | 2012 | 03/12 | (m) | 40 | |||||||||||||||||||
Livonia, MI | — | 2,116 | — | 7,758 | — | 2,116 | 7,758 | 9,874 | 978 | 2013 | 04/13 | (m) | 40 | |||||||||||||||||||
Euless, TX | — | 2,592 | — | 7,563 | — | 2,592 | 7,563 | 10,155 | 685 | 2015 | 08/14 | (m) | 40 | |||||||||||||||||||
Little Rock, AR | — | 2,310 | 5,805 | — | — | 2,310 | 5,805 | 8,115 | 325 | 2016 | 01/17 | 35 | ||||||||||||||||||||
Florence, KY | — | 4,700 | 7,617 | — | — | 4,700 | 7,617 | 12,317 | 426 | 2016 | 01/17 | 35 | ||||||||||||||||||||
Tampa, FL | — | 3,354 | 8,361 | — | — | 3,354 | 8,361 | 11,715 | 26 | 2017 | 11/18 | 40 | ||||||||||||||||||||
DaVita Dialysis: | ||||||||||||||||||||||||||||||||
Columbus, OH | — | 527 | 1,426 | — | — | 527 | 1,426 | 1,953 | 212 | 2000 | 07/14 | 30 | ||||||||||||||||||||
Del Frisco's: | ||||||||||||||||||||||||||||||||
Fort Worth, TX | — | 351 | 5,874 | — | — | 351 | 5,874 | 6,225 | 2,338 | 1890 | 01/11 | 20 | ||||||||||||||||||||
Greenwood Village, CO | — | 1,863 | 5,649 | — | — | 1,863 | 5,649 | 7,512 | 2,248 | 1979 | 01/11 | 20 | ||||||||||||||||||||
Denny's: | ||||||||||||||||||||||||||||||||
Clifton, CO | — | 245 | 732 | 375 | — | 245 | 1,107 | 1,352 | 402 | 1998 | 12/01 | 40 | ||||||||||||||||||||
Alexandria, VA | — | 604 | 196 | — | — | 604 | 196 | 800 | 120 | 1981 | 09/06 | 20 | ||||||||||||||||||||
Amarillo, TX | — | 590 | 632 | — | — | 590 | 632 | 1,222 | 388 | 1982 | 09/06 | 20 | ||||||||||||||||||||
Arlington Heights, IL | — | 470 | 228 | — | — | 470 | 228 | 698 | 140 | 1977 | 09/06 | 20 | ||||||||||||||||||||
Austintown, OH | — | 466 | 397 | — | — | 466 | 397 | 863 | 244 | 1980 | 09/06 | 20 | ||||||||||||||||||||
Boardman Township, OH | — | 497 | 258 | — | — | 497 | 258 | 755 | 158 | 1977 | 09/06 | 20 | ||||||||||||||||||||
Campbell, CA | — | 460 | 238 | — | — | 460 | 238 | 698 | 146 | 1976 | 09/06 | 20 | ||||||||||||||||||||
Carson, CA | — | 1,246 | 157 | — | — | 1,246 | 157 | 1,403 | 97 | 1975 | 09/06 | 20 | ||||||||||||||||||||
Chehalis, WA | — | 415 | 287 | — | — | 415 | 287 | 702 | 176 | 1977 | 09/06 | 20 | ||||||||||||||||||||
Chubbuck, ID | — | 350 | 394 | — | — | 344 | 394 | 738 | 242 | 1983 | 09/06 | 20 | ||||||||||||||||||||
Clackamas, OR | — | 468 | 407 | — | — | 468 | 407 | 875 | 250 | 1993 | 09/06 | 20 | ||||||||||||||||||||
Collinsville, IL | — | 676 | 283 | — | — | 676 | 283 | 959 | 174 | 1979 | 09/06 | 20 | ||||||||||||||||||||
Corpus Christi, TX (n) | — | 345 | 776 | 300 | — | 345 | 1,076 | 1,421 | 642 | 1980 | 09/06 | 20 | ||||||||||||||||||||
Dallas, TX | — | 497 | 150 | — | — | 497 | 150 | 647 | 92 | 1979 | 09/06 | 20 | ||||||||||||||||||||
Enfield, CT | — | 684 | 229 | — | — | 684 | 229 | 913 | 141 | 1976 | 09/06 | 20 | ||||||||||||||||||||
Fairfax, VA | — | 768 | 683 | — | — | 768 | 683 | 1,451 | 420 | 1979 | 09/06 | 20 | ||||||||||||||||||||
Federal Way, WA | — | 543 | 193 | — | — | 543 | 193 | 736 | 118 | 1977 | 09/06 | 20 | ||||||||||||||||||||
Florissant, MO | — | 443 | 238 | — | — | 443 | 238 | 681 | 146 | 1977 | 09/06 | 20 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Fort Worth, TX | — | 392 | 314 | — | — | 392 | 314 | 706 | 193 | 1974 | 09/06 | 20 | ||||||||||||||||||||
Hermitage, PA | — | 321 | 420 | — | — | 321 | 420 | 741 | 258 | 1980 | 09/06 | 20 | ||||||||||||||||||||
Houston, TX | — | 504 | 348 | — | — | 504 | 348 | 852 | 214 | 1976 | 09/06 | 20 | ||||||||||||||||||||
Indianapolis, IN | — | 231 | 511 | — | — | 231 | 511 | 742 | 314 | 1974 | 09/06 | 20 | ||||||||||||||||||||
Indianapolis, IN | — | 358 | 767 | — | — | 358 | 767 | 1,125 | 471 | 1978 | 09/06 | 20 | ||||||||||||||||||||
Indianapolis, IN | — | 326 | 511 | — | — | 326 | 511 | 837 | 314 | 1978 | 09/06 | 20 | ||||||||||||||||||||
Indianapolis, IN | — | 310 | 590 | — | — | 310 | 590 | 900 | 362 | 1981 | 09/06 | 20 | ||||||||||||||||||||
Kernersville, NC | — | 407 | 557 | — | — | 407 | 557 | 964 | 343 | 2000 | 09/06 | 20 | ||||||||||||||||||||
Lafayette, IN | — | 424 | 773 | — | — | 416 | 773 | 1,189 | 475 | 1978 | 09/06 | 20 | ||||||||||||||||||||
Laurel, MD | — | 528 | 379 | — | — | 528 | 379 | 907 | 233 | 1976 | 09/06 | 20 | ||||||||||||||||||||
Little Rock, AR | — | 703 | 180 | — | — | 703 | 180 | 883 | 110 | 1979 | 09/06 | 20 | ||||||||||||||||||||
Maplewood, MN | — | 630 | 271 | — | — | 630 | 271 | 901 | 167 | 1983 | 09/06 | 20 | ||||||||||||||||||||
Merrillville, IN | — | 368 | 813 | — | — | 368 | 813 | 1,181 | 500 | 1976 | 09/06 | 20 | ||||||||||||||||||||
N. Miami, FL | — | 855 | 151 | — | — | 855 | 151 | 1,006 | 93 | 1977 | 09/06 | 20 | ||||||||||||||||||||
Nampa, ID | — | 357 | 729 | — | — | 357 | 729 | 1,086 | 448 | 1979 | 09/06 | 20 | ||||||||||||||||||||
North Richland Hills, TX | — | 500 | 130 | — | — | 500 | 130 | 630 | 80 | 1970 | 09/06 | 20 | ||||||||||||||||||||
Omaha, NE | — | 496 | 314 | — | — | 496 | 314 | 810 | 193 | 1994 | 09/06 | 20 | ||||||||||||||||||||
Provo, UT | — | 519 | 216 | — | — | 513 | 216 | 729 | 133 | 1978 | 09/06 | 20 | ||||||||||||||||||||
Raleigh, NC | — | 1,094 | 482 | — | — | 1,094 | 482 | 1,576 | 296 | 1984 | 09/06 | 20 | ||||||||||||||||||||
St. Louis, MO | — | 520 | 266 | — | — | 520 | 266 | 786 | 163 | 1973 | 09/06 | 20 | ||||||||||||||||||||
Sugarland, TX | — | 315 | 334 | — | — | 293 | 334 | 627 | 205 | 1997 | 09/06 | 20 | ||||||||||||||||||||
Tucson, AZ | — | 922 | 290 | — | — | 922 | 290 | 1,212 | 178 | 1979 | 09/06 | 20 | ||||||||||||||||||||
Wethersfield, CT | — | 884 | 176 | — | — | 884 | 176 | 1,060 | 108 | 1978 | 09/06 | 20 | ||||||||||||||||||||
Worcester, MA | — | 383 | 493 | — | — | 383 | 493 | 876 | 303 | 1978 | 09/06 | 20 | ||||||||||||||||||||
Boise, ID | — | 514 | 477 | — | — | 514 | 477 | 991 | 287 | 1983 | 12/06 | 20 | ||||||||||||||||||||
St. Louis, MO | — | 635 | 303 | — | — | 635 | 303 | 938 | 181 | 1980 | 01/07 | 20 | ||||||||||||||||||||
Virginia Gardens, FL | — | 793 | 133 | — | — | 793 | 133 | 926 | 79 | 1977 | 01/07 | 20 | ||||||||||||||||||||
Akron, OH | — | 308 | 1,062 | — | — | 308 | 1,062 | 1,370 | 196 | 1992 | 06/13 | 30 | ||||||||||||||||||||
Moab, UT | — | 395 | 1,432 | — | — | 395 | 1,432 | 1,827 | 185 | 2000 | 02/15 | 30 | ||||||||||||||||||||
Ft Walton Beach, FL | — | 274 | 531 | — | — | 274 | 531 | 805 | 37 | 1973 | 01/17 | 25 | ||||||||||||||||||||
Dickey's Barbeque Pit: | ||||||||||||||||||||||||||||||||
Medina, OH | — | 405 | 464 | 104 | — | 370 | 568 | 938 | 221 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Dick's Sporting Goods: | ||||||||||||||||||||||||||||||||
Taylor, MI | — | 1,920 | 3,527 | — | — | 1,920 | 3,527 | 5,447 | 1,966 | 1996 | 08/96 | 40 | ||||||||||||||||||||
White Marsh, MD | — | 2,681 | 3,917 | — | — | 2,681 | 3,917 | 6,598 | 2,183 | 1996 | 08/96 | 40 | ||||||||||||||||||||
Dirt Cheap: | ||||||||||||||||||||||||||||||||
Nacogdoches, TX | — | 397 | 1,257 | 269 | — | 400 | 1,524 | 1,924 | 651 | 1997 | 11/98 | 40 | ||||||||||||||||||||
Doctors of Physical Therapy: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 63 | 457 | — | — | 63 | 436 | 499 | 126 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Dollar General: | ||||||||||||||||||||||||||||||||
San Antonio, TX | — | 441 | 784 | — | — | 441 | 196 | 637 | 33 | 1993 | 12/93 | 30 | ||||||||||||||||||||
Memphis, TN | — | 266 | 1,136 | 46 | — | 266 | 1,182 | 1,448 | 569 | 1998 | 12/97 | 40 | ||||||||||||||||||||
High Springs, FL | — | 409 | — | 1,072 | — | 432 | 1,072 | 1,504 | 218 | 2010 | 07/10 | (m) | 40 | |||||||||||||||||||
Inverness, FL | — | 459 | — | 1,046 | — | 471 | 1,046 | 1,517 | 208 | 2011 | 08/10 | (m) | 40 | |||||||||||||||||||
Cocoa, FL | — | 385 | — | 935 | — | 406 | 935 | 1,341 | 190 | 2010 | 08/10 | (m) | 40 | |||||||||||||||||||
Palm Bay, FL | — | 355 | — | 1,011 | — | 365 | 1,011 | 1,376 | 203 | 2010 | 08/10 | (m) | 40 | |||||||||||||||||||
Deland, FL | — | 585 | — | 958 | — | 585 | 958 | 1,543 | 189 | 2010 | 11/10 | (m) | 40 | |||||||||||||||||||
Seffner, FL | — | 673 | — | 1,223 | — | 446 | 803 | 1,249 | 157 | 2011 | 12/10 | (m) | 40 | |||||||||||||||||||
Hernando, FL | — | 372 | — | 970 | — | 372 | 970 | 1,342 | 187 | 2011 | 01/11 | (m) | 40 | |||||||||||||||||||
Titusville, FL | — | 512 | — | 1,002 | — | 512 | 1,002 | 1,514 | 185 | 2011 | 04/11 | (m) | 40 | |||||||||||||||||||
Disputanta, VA | — | 170 | — | 720 | — | 170 | 720 | 890 | 131 | 2011 | 09/11 | (o) | 40 | |||||||||||||||||||
Lumberton, NC | — | 115 | — | 902 | — | 115 | 902 | 1,017 | 157 | 2012 | 10/11 | (m) | 40 | |||||||||||||||||||
Newport News, VA | — | 363 | — | 967 | — | 363 | 967 | 1,330 | 172 | 2011 | 10/11 | (m) | 40 | |||||||||||||||||||
Cumberland, VA | — | 317 | — | 1,147 | — | 317 | 1,147 | 1,464 | 195 | 2012 | 12/11 | (m) | 40 | |||||||||||||||||||
Aberdeen, NC | — | 156 | — | 821 | — | 156 | 821 | 977 | 138 | 2012 | 01/12 | (m) | 40 | |||||||||||||||||||
Richmond, VA | — | 144 | — | 863 | — | 144 | 863 | 1,007 | 139 | 2012 | 02/12 | (m) | 40 | |||||||||||||||||||
Danville, VA | — | 155 | — | 864 | — | 155 | 864 | 1,019 | 143 | 2012 | 03/12 | (m) | 40 | |||||||||||||||||||
Cascade, VA | — | 139 | — | 806 | — | 139 | 806 | 945 | 132 | 2012 | 03/12 | (m) | 40 | |||||||||||||||||||
Sanford, NC | — | 147 | — | 834 | — | 147 | 834 | 981 | 133 | 2012 | 04/12 | (m) | 40 | |||||||||||||||||||
Leland, NC | — | 245 | — | 892 | — | 245 | 892 | 1,137 | 138 | 2012 | 06/12 | (m) | 40 | |||||||||||||||||||
Sanford, NC | — | 206 | — | 829 | — | 206 | 829 | 1,035 | 129 | 2012 | 07/12 | (m) | 40 | |||||||||||||||||||
Richmond, VA | — | 305 | — | 902 | — | 305 | 902 | 1,207 | 138 | 2012 | 08/12 | (m) | 40 | |||||||||||||||||||
Martinsville, VA | — | 165 | — | 831 | — | 165 | 831 | 996 | 126 | 2012 | 09/12 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Yerington, NV | — | 313 | — | 1,170 | — | 313 | 1,170 | 1,483 | 174 | 2013 | 09/12 | (m) | 40 | |||||||||||||||||||
Hawthorne, NV | — | 210 | 1,069 | — | — | 210 | 1,069 | 1,279 | 162 | 2012 | 12/12 | 40 | ||||||||||||||||||||
Norfolk, VA | — | 455 | — | 929 | — | 455 | 929 | 1,384 | 129 | 2013 | 03/13 | (m) | 40 | |||||||||||||||||||
Suffolk, VA | — | 186 | — | 958 | — | 186 | 958 | 1,144 | 133 | 2013 | 03/13 | (m) | 40 | |||||||||||||||||||
Suffolk, VA | — | 128 | — | 1,010 | — | 128 | 1,010 | 1,138 | 136 | 2013 | 04/13 | (m) | 40 | |||||||||||||||||||
Irving, NY | — | 210 | — | 961 | — | 210 | 961 | 1,171 | 125 | 2013 | 06/13 | (m) | 40 | |||||||||||||||||||
Oakfield, NY | — | 257 | — | 1,108 | — | 271 | 1,108 | 1,379 | 130 | 2014 | 10/13 | (m) | 40 | |||||||||||||||||||
Holland, NY | — | 176 | — | 1,103 | — | 176 | 1,103 | 1,279 | 123 | 2014 | 12/13 | (m) | 40 | |||||||||||||||||||
Jeffersonville, IN | — | 115 | 960 | — | — | 115 | 960 | 1,075 | 134 | 2010 | 02/14 | 35 | ||||||||||||||||||||
LaFayette, LA | — | 157 | 378 | — | — | 157 | 378 | 535 | 67 | 2002 | 07/14 | 25 | ||||||||||||||||||||
Youngsville, LA | — | 98 | 370 | 34 | — | 98 | 404 | 502 | 66 | 2002 | 07/14 | 25 | ||||||||||||||||||||
Daytona Beach Shores, FL | — | 459 | 1,282 | — | — | 459 | 1,282 | 1,741 | 45 | 2011 | 12/17 | 30 | ||||||||||||||||||||
Dollar Tree: | ||||||||||||||||||||||||||||||||
Garland, TX | — | 239 | 626 | — | — | 239 | 626 | 865 | 274 | 1994 | 02/94 | 40 | ||||||||||||||||||||
Homestead, PA | — | 256 | — | 1,964 | — | 310 | 1,910 | 2,220 | 137 | 2016 | 02/97 | (g) | 40 | |||||||||||||||||||
Marietta, GA | — | 525 | — | 787 | — | 524 | 787 | 1,311 | 102 | 1997 | 12/14 | (o) | 30 | |||||||||||||||||||
Don Tello's Tex-Mex Grill: | ||||||||||||||||||||||||||||||||
Lithonia, GA | — | 923 | 1,276 | 27 | — | 923 | 1,303 | 2,226 | 372 | 2002 | 06/07 | 40 | ||||||||||||||||||||
Dr. Clean Dry Cleaners: | ||||||||||||||||||||||||||||||||
Monticello, NY | — | 20 | 72 | — | — | 20 | 72 | 92 | 25 | 1996 | 03/05 | 40 | ||||||||||||||||||||
Driscoll Children's Hospital: | ||||||||||||||||||||||||||||||||
Corpus Christi, TX | — | 630 | 3,131 | — | — | 630 | 3,131 | 3,761 | 1,549 | 1982 | 03/99 | 40 | ||||||||||||||||||||
El Jalapeno: | ||||||||||||||||||||||||||||||||
Indianapolis, IN | — | 223 | 483 | 79 | — | 223 | 562 | 785 | 332 | 1979 | 09/06 | 20 | ||||||||||||||||||||
Empire Buffet: | ||||||||||||||||||||||||||||||||
Las Cruces, NM | — | 947 | — | 2,390 | — | 947 | 2,390 | 3,337 | 699 | 2006 | 01/06 | (m) | 40 | |||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Express Mart: | ||||||||||||||||||||||||||||||||
Thomasville, NC | — | 140 | 228 | — | — | 140 | 228 | 368 | 51 | 1962 | 07/14 | 20 | ||||||||||||||||||||
Express Oil Change: | ||||||||||||||||||||||||||||||||
Birmingham, AL | — | 470 | 695 | — | — | 470 | 695 | 1,165 | 188 | 2008 | 02/08 | (f) | 40 | |||||||||||||||||||
Florence, AL | — | 110 | 381 | — | — | 110 | 381 | 491 | 138 | 1987 | 02/08 | 30 | ||||||||||||||||||||
Helena, AL | — | 363 | 628 | — | — | 363 | 628 | 991 | 171 | 1998 | 02/08 | 40 | ||||||||||||||||||||
Muscle Shoals, AL | — | 168 | 624 | — | — | 168 | 624 | 792 | 226 | 1985 | 02/08 | 30 | ||||||||||||||||||||
Opelika, AL | — | 547 | 680 | — | — | 547 | 680 | 1,227 | 185 | 2006 | 02/08 | 40 | ||||||||||||||||||||
Cordova, TN | — | 639 | 785 | — | — | 639 | 785 | 1,424 | 197 | 2000 | 12/08 | 40 | ||||||||||||||||||||
Horn Lake, MS | — | 326 | 611 | — | — | 326 | 611 | 937 | 175 | 1998 | 12/08 | 35 | ||||||||||||||||||||
Lakeland, TN | — | 186 | 489 | — | — | 186 | 489 | 675 | 123 | 2000 | 12/08 | 40 | ||||||||||||||||||||
Memphis, TN | — | 402 | 721 | — | — | 402 | 721 | 1,123 | 181 | 2001 | 12/08 | 40 | ||||||||||||||||||||
Houston, TX | — | 651 | — | 648 | — | 517 | 648 | 1,165 | 105 | 2012 | 02/12 | (m) | 40 | |||||||||||||||||||
Katy, TX | — | 539 | — | 830 | — | 539 | 829 | 1,368 | 125 | 2012 | 07/12 | (m) | 40 | |||||||||||||||||||
Chattanooga, TN | — | 238 | 1,756 | — | — | 238 | 1,756 | 1,994 | 363 | 1998 | 10/12 | 30 | ||||||||||||||||||||
Chattanooga, TN | — | 239 | 1,214 | — | — | 239 | 1,214 | 1,453 | 251 | 1998 | 10/12 | 30 | ||||||||||||||||||||
Chattanooga, TN | — | 224 | 173 | — | — | 224 | 173 | 397 | 36 | 2001 | 10/12 | 30 | ||||||||||||||||||||
Cleveland, TN | — | 318 | 1,064 | — | — | 318 | 1,064 | 1,382 | 189 | 2004 | 10/12 | 35 | ||||||||||||||||||||
Fort Oglethorpe, GA | — | 241 | 331 | — | — | 241 | 331 | 572 | 59 | 2003 | 10/12 | 35 | ||||||||||||||||||||
Marietta, GA | — | 618 | 30 | — | — | 618 | 30 | 648 | 6 | 1988 | 12/12 | 30 | ||||||||||||||||||||
Smyrna, GA | — | 295 | 1,092 | — | — | 295 | 1,092 | 1,387 | 264 | 1984 | 12/12 | 25 | ||||||||||||||||||||
Cypress, TX | — | 550 | — | 983 | — | 550 | 983 | 1,533 | 95 | 2014 | 05/14 | (m) | 40 | |||||||||||||||||||
Boaz, AL | — | 205 | 368 | — | — | 205 | 368 | 573 | 57 | 1995 | 01/15 | 25 | ||||||||||||||||||||
Gadsden, AL | — | 116 | 690 | — | — | 116 | 690 | 806 | 90 | 1999 | 01/15 | 30 | ||||||||||||||||||||
Rainbow City, AL | — | 164 | 653 | — | — | 164 | 653 | 817 | 103 | 1992 | 01/15 | 25 | ||||||||||||||||||||
Seffner, FL | — | 155 | 593 | — | — | 155 | 593 | 748 | 65 | 2008 | 02/15 | 35 | ||||||||||||||||||||
Fayetteville, TN | — | 117 | 860 | — | — | 117 | 860 | 977 | 106 | 1998 | 04/15 | 30 | ||||||||||||||||||||
Huntsville, AL | — | 214 | 710 | — | — | 214 | 710 | 924 | 105 | 1995 | 04/15 | 25 | ||||||||||||||||||||
Huntsville, AL | — | 292 | 526 | — | — | 292 | 526 | 818 | 65 | 1995 | 04/15 | 30 | ||||||||||||||||||||
Madison, AL | — | 319 | 1,006 | — | — | 319 | 1,006 | 1,325 | 124 | 1992 | 04/15 | 30 | ||||||||||||||||||||
Houston, TX | — | 576 | — | 1,120 | — | 576 | 1,120 | 1,696 | 59 | 2016 | 04/16 | (m) | 40 | |||||||||||||||||||
Tampa, FL | — | 718 | — | 942 | — | 718 | 942 | 1,660 | 48 | 2016 | 06/16 | (m) | 40 | |||||||||||||||||||
West Point, MS | — | 335 | — | 1,130 | — | 335 | 1,130 | 1,465 | 48 | 2017 | 10/16 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Tupelo, MS | — | 381 | 1,641 | — | — | 381 | 1,641 | 2,022 | 84 | 2013 | 03/17 | 35 | ||||||||||||||||||||
Tupelo, MS | — | 607 | — | 1,158 | — | 607 | 1,158 | 1,765 | 30 | 2017 | 03/17 | (m) | 40 | |||||||||||||||||||
Canton, GA | — | 741 | — | 1,240 | — | 741 | 1,240 | 1,981 | 22 | 2018 | 10/17 | (m) | 40 | |||||||||||||||||||
Jasper, AL | — | 186 | 879 | — | — | 186 | 879 | 1,065 | 35 | 2000 | 10/17 | 30 | ||||||||||||||||||||
Hurst, TX | — | 331 | 1,397 | — | — | 331 | 1,397 | 1,728 | 22 | 2013 | 06/18 | 35 | ||||||||||||||||||||
Hampton Cove, AL | — | 628 | — | — | — | 628 | (e) | 628 | (e) | (e) | 09/18 | (m) | (e) | |||||||||||||||||||
Dyer, IN | — | 618 | 803 | — | — | 618 | 803 | 1,421 | 5 | 2013 | 10/18 | 35 | ||||||||||||||||||||
Hendersonville, TN | — | 916 | 1,656 | — | — | 916 | 1,656 | 2,572 | 6 | 2017 | 11/18 | 35 | ||||||||||||||||||||
Nashville, TN | — | 833 | 1,898 | — | — | 833 | 1,898 | 2,731 | 7 | 2014 | 11/18 | 35 | ||||||||||||||||||||
Spring Hill, TN | — | 536 | 2,570 | — | — | 536 | 2,570 | 3,106 | 9 | 2013 | 11/18 | 35 | ||||||||||||||||||||
Murfreesboro, TN | — | 407 | 2,552 | — | — | 407 | 2,552 | 2,959 | 13 | 2001 | 11/18 | 25 | ||||||||||||||||||||
Murfreesboro, TN | — | 417 | 2,157 | — | — | 417 | 2,157 | 2,574 | 9 | 2004 | 11/18 | 30 | ||||||||||||||||||||
Murfreesboro, TN | — | 667 | 1,594 | — | — | 667 | 1,594 | 2,261 | 6 | 2013 | 11/18 | 35 | ||||||||||||||||||||
Express Wash & Go: | ||||||||||||||||||||||||||||||||
Cohoes, NY | — | 27 | 145 | 174 | — | 27 | 318 | 345 | 67 | 1994 | 09/04 | 40 | ||||||||||||||||||||
E-Z Mart: | ||||||||||||||||||||||||||||||||
Andrews, TX | — | 140 | 2,623 | — | — | 140 | 2,623 | 2,763 | 53 | 2014 | 04/18 | 35 | ||||||||||||||||||||
Arlington, TX | — | 196 | 1,187 | — | — | 196 | 1,187 | 1,383 | 34 | 1982 | 04/18 | 25 | ||||||||||||||||||||
Ashdown, AR | — | 112 | 2,996 | — | — | 112 | 2,996 | 3,108 | 61 | 2015 | 04/18 | 35 | ||||||||||||||||||||
Broken Arrow, OK | — | 93 | 1,635 | — | — | 93 | 1,635 | 1,728 | 39 | 2012 | 04/18 | 30 | ||||||||||||||||||||
Broken Bow, OK | — | 93 | 2,325 | — | — | 93 | 2,325 | 2,418 | 66 | 1964 | 04/18 | 25 | ||||||||||||||||||||
Broken Bow, OK | — | 103 | 2,315 | — | — | 103 | 2,315 | 2,418 | 55 | 1994 | 04/18 | 30 | ||||||||||||||||||||
Cleburne, TX | — | 65 | 1,663 | — | — | 65 | 1,663 | 1,728 | 47 | 1984 | 04/18 | 25 | ||||||||||||||||||||
Davis, OK | — | 37 | 1,691 | — | — | 37 | 1,691 | 1,728 | 48 | 1981 | 04/18 | 25 | ||||||||||||||||||||
Durant, OK | — | 215 | 1,858 | — | — | 215 | 1,858 | 2,073 | 44 | 2000 | 04/18 | 30 | ||||||||||||||||||||
Durant, OK | — | 131 | 1,598 | — | — | 131 | 1,598 | 1,729 | 32 | 2014 | 04/18 | 35 | ||||||||||||||||||||
Edmond, OK | — | 140 | 898 | — | — | 140 | 898 | 1,038 | 25 | 1973 | 04/18 | 25 | ||||||||||||||||||||
Fayetteville, AR | — | 84 | 1,299 | — | — | 84 | 1,299 | 1,383 | 37 | 1979 | 04/18 | 25 | ||||||||||||||||||||
Foreman, AR | — | 65 | 2,697 | — | — | 65 | 2,697 | 2,762 | 55 | 2015 | 04/18 | 35 | ||||||||||||||||||||
Gladewater, TX | — | 28 | 1,700 | — | — | 28 | 1,700 | 1,728 | 48 | 1973 | 04/18 | 25 | ||||||||||||||||||||
Harrah, OK | — | 131 | 1,598 | — | — | 131 | 1,598 | 1,729 | 45 | 1986 | 04/18 | 25 | ||||||||||||||||||||
Hartshorne, OK | — | 28 | 1,356 | — | — | 28 | 1,356 | 1,384 | 32 | 1998 | 04/18 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Hot Springs, AR | — | 38 | 656 | — | — | 38 | 656 | 694 | 19 | 1977 | 04/18 | 25 | ||||||||||||||||||||
Hot Springs, AR | — | 823 | 561 | — | — | 823 | 561 | 1,384 | 13 | 2012 | 04/18 | 30 | ||||||||||||||||||||
Hot Springs, AR | — | 449 | 935 | — | — | 449 | 935 | 1,384 | 22 | 1989 | 04/18 | 30 | ||||||||||||||||||||
Hugo, OK | — | 28 | 1,356 | — | — | 28 | 1,356 | 1,384 | 38 | 1985 | 04/18 | 25 | ||||||||||||||||||||
Idabel, OK | — | 93 | 1,635 | — | — | 93 | 1,635 | 1,728 | 39 | 1998 | 04/18 | 30 | ||||||||||||||||||||
Kilgore, TX | — | 327 | 3,126 | — | — | 327 | 3,126 | 3,453 | 63 | 2013 | 04/18 | 35 | ||||||||||||||||||||
Little Rock, AR | — | 356 | 683 | — | — | 356 | 683 | 1,039 | 19 | 1980 | 04/18 | 25 | ||||||||||||||||||||
Little Rock, AR | — | 253 | 786 | — | — | 253 | 786 | 1,039 | 22 | 1981 | 04/18 | 25 | ||||||||||||||||||||
Longview, TX | — | 75 | 1,309 | — | — | 75 | 1,309 | 1,384 | 37 | 1983 | 04/18 | 25 | ||||||||||||||||||||
Longview, TX | — | 112 | 1,616 | — | — | 112 | 1,616 | 1,728 | 46 | 1982 | 04/18 | 25 | ||||||||||||||||||||
Lubbock, TX | — | 150 | 544 | — | — | 150 | 544 | 694 | 15 | 1974 | 04/18 | 25 | ||||||||||||||||||||
McAlester, OK | — | 290 | 1,094 | — | — | 290 | 1,094 | 1,384 | 31 | 1980 | 04/18 | 25 | ||||||||||||||||||||
Mineral Wells, TX | — | 103 | 1,626 | — | — | 103 | 1,626 | 1,729 | 38 | 1999 | 04/18 | 30 | ||||||||||||||||||||
Monticello, AR | — | 215 | 1,858 | — | — | 215 | 1,858 | 2,073 | 44 | 1990 | 04/18 | 30 | ||||||||||||||||||||
Mountain Home, AR | — | 84 | 955 | — | — | 84 | 955 | 1,039 | 27 | 1982 | 04/18 | 25 | ||||||||||||||||||||
Mountain Home, AR | — | 47 | 992 | — | — | 47 | 992 | 1,039 | 28 | 1983 | 04/18 | 25 | ||||||||||||||||||||
Nash, TX | — | 84 | 1,989 | — | — | 84 | 1,989 | 2,073 | 47 | 1994 | 04/18 | 30 | ||||||||||||||||||||
Paris, TX | — | 56 | 1,327 | — | — | 56 | 1,327 | 1,383 | 38 | 1980 | 04/18 | 25 | ||||||||||||||||||||
Pittsburg, TX | — | 149 | 1,579 | — | — | 149 | 1,579 | 1,728 | 37 | 1998 | 04/18 | 30 | ||||||||||||||||||||
Queen City, TX | — | 168 | 2,595 | — | — | 168 | 2,595 | 2,763 | 53 | 2016 | 04/18 | 35 | ||||||||||||||||||||
Red Oak, OK | — | 168 | 1,905 | — | — | 168 | 1,905 | 2,073 | 45 | 2012 | 04/18 | 30 | ||||||||||||||||||||
Spiro, OK | — | 103 | 1,970 | — | — | 103 | 1,970 | 2,073 | 56 | 1985 | 04/18 | 25 | ||||||||||||||||||||
Springdale, AR | — | 169 | 525 | — | — | 169 | 525 | 694 | 15 | 1974 | 04/18 | 25 | ||||||||||||||||||||
Springdale, AR | — | 122 | 572 | — | — | 122 | 572 | 694 | 16 | 1969 | 04/18 | 25 | ||||||||||||||||||||
Sulphur Springs, TX | — | 65 | 1,318 | — | — | 65 | 1,318 | 1,383 | 37 | 1981 | 04/18 | 25 | ||||||||||||||||||||
Talihina, OK | — | 234 | 1,150 | — | — | 234 | 1,150 | 1,384 | 33 | 1975 | 04/18 | 25 | ||||||||||||||||||||
Texarkana, AR | — | 47 | 1,337 | — | — | 47 | 1,337 | 1,384 | 38 | 1986 | 04/18 | 25 | ||||||||||||||||||||
Texarkana, AR | — | 159 | 1,914 | — | — | 159 | 1,914 | 2,073 | 54 | 1975 | 04/18 | 25 | ||||||||||||||||||||
Texarkana, AR | — | 56 | 1,672 | — | — | 56 | 1,672 | 1,728 | 39 | 1998 | 04/18 | 30 | ||||||||||||||||||||
Texarkana, AR | — | 93 | 1,290 | — | — | 93 | 1,290 | 1,383 | 37 | 1974 | 04/18 | 25 | ||||||||||||||||||||
Texarkana, AR | — | 159 | 2,604 | — | — | 159 | 2,604 | 2,763 | 61 | 1994 | 04/18 | 30 | ||||||||||||||||||||
Texarkana, TX | — | 112 | 2,996 | — | — | 112 | 2,996 | 3,108 | 71 | 2001 | 04/18 | 30 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Family Dollar: | ||||||||||||||||||||||||||||||||
Albany, NY | — | 34 | 824 | — | — | 34 | 824 | 858 | 294 | 1992 | 09/04 | 40 | ||||||||||||||||||||
Cohoes, NY | — | 140 | 753 | 49 | — | 140 | 802 | 942 | 316 | 1994 | 09/04 | 40 | ||||||||||||||||||||
Hudson Falls, NY | — | 51 | 380 | 625 | — | 187 | 869 | 1,056 | 214 | 1993 | 09/04 | 40 | ||||||||||||||||||||
Monticello, NY | — | 96 | 352 | — | — | 96 | 352 | 448 | 121 | 1996 | 03/05 | 40 | ||||||||||||||||||||
Richmond, TX | — | 366 | 1,059 | — | — | 366 | 1,059 | 1,425 | 147 | 2012 | 02/14 | 35 | ||||||||||||||||||||
Spring, TX | — | 199 | 1,152 | — | — | 199 | 1,152 | 1,351 | 160 | 2012 | 02/14 | 35 | ||||||||||||||||||||
Bartlesville, OK | — | 110 | 445 | — | — | 110 | 445 | 555 | 79 | 2001 | 07/14 | 25 | ||||||||||||||||||||
Huntsville, AL | — | 141 | 596 | — | — | 141 | 596 | 737 | 89 | 2005 | 07/14 | 30 | ||||||||||||||||||||
Tulsa, OK | — | 70 | 519 | 34 | — | 103 | 519 | 622 | 94 | 2001 | 07/14 | 25 | ||||||||||||||||||||
Famous Footwear: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 163 | 835 | — | — | 163 | 812 | 975 | 231 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Famsa: | ||||||||||||||||||||||||||||||||
Harlingen, TX | — | 317 | 756 | 170 | — | 317 | 926 | 1,243 | 402 | 1999 | 11/98 | (f) | 40 | |||||||||||||||||||
Ferguson: | ||||||||||||||||||||||||||||||||
Destin, FL | — | 554 | 1,012 | 253 | — | 554 | 1,265 | 1,819 | 365 | 2006 | 03/07 | 40 | ||||||||||||||||||||
Union City, GA | — | 144 | 1,260 | — | — | 144 | 1,260 | 1,404 | 275 | 2010 | 05/11 | 35 | ||||||||||||||||||||
Fikes Wholesale: | ||||||||||||||||||||||||||||||||
Belton, TX | — | 722 | 1,814 | — | — | 722 | 1,814 | 2,536 | 382 | 2007 | 08/11 | 35 | ||||||||||||||||||||
Godley, TX | — | 1,453 | 2,084 | — | — | 1,453 | 2,084 | 3,537 | 439 | 2008 | 08/11 | 35 | ||||||||||||||||||||
Killeen, TX | — | 1,302 | 2,514 | — | — | 1,302 | 2,514 | 3,816 | 530 | 2008 | 08/11 | 35 | ||||||||||||||||||||
Killeen, TX | — | 1,053 | 833 | — | — | 1,053 | 833 | 1,886 | 175 | 2007 | 08/11 | 35 | ||||||||||||||||||||
McGregor, TX | — | 511 | 1,484 | — | — | 511 | 1,484 | 1,995 | 313 | 2006 | 08/11 | 35 | ||||||||||||||||||||
Thorndale, TX | — | 331 | 984 | — | — | 331 | 984 | 1,315 | 207 | 2007 | 08/11 | 35 | ||||||||||||||||||||
Valley Mills, TX | — | 711 | 2,114 | — | — | 711 | 2,114 | 2,825 | 446 | 2006 | 08/11 | 35 | ||||||||||||||||||||
West, TX | — | 402 | 864 | — | — | 402 | 864 | 1,266 | 212 | 1999 | 08/11 | 30 | ||||||||||||||||||||
Gladewater, TX | — | 145 | 2,107 | — | — | 145 | 2,107 | 2,252 | 258 | 2007 | 09/14 | 35 | ||||||||||||||||||||
Hearne, TX | — | 68 | 2,184 | — | — | 68 | 2,184 | 2,252 | 312 | 1996 | 09/14 | 30 | ||||||||||||||||||||
Jarrell, TX | — | 541 | 2,965 | — | — | 541 | 2,965 | 3,506 | 364 | 2009 | 09/14 | 35 | ||||||||||||||||||||
Killeen, TX | — | 628 | 2,878 | — | — | 628 | 2,878 | 3,506 | 353 | 2013 | 09/14 | 35 | ||||||||||||||||||||
Liberty Hill, TX | — | 203 | 3,303 | — | — | 202 | 3,303 | 3,505 | 405 | 2013 | 09/14 | 35 | ||||||||||||||||||||
Rosebud, TX | — | 58 | 1,847 | — | — | 58 | 1,847 | 1,905 | 226 | 2012 | 09/14 | 35 | ||||||||||||||||||||
Temple, TX (n) | — | 1,052 | 3,302 | — | — | 1,052 | 3,302 | 4,354 | 405 | 2012 | 09/14 | 35 | ||||||||||||||||||||
Waco, TX | — | 1,400 | 2,106 | — | — | 1,400 | 2,106 | 3,506 | 301 | 1997 | 09/14 | 30 | ||||||||||||||||||||
Claude, TX | — | 193 | 3,728 | — | — | 193 | 3,728 | 3,921 | 324 | 2013 | 12/15 | 35 | ||||||||||||||||||||
Covington, TX | — | 164 | 2,512 | — | — | 164 | 2,512 | 2,676 | 255 | 2001 | 12/15 | 30 | ||||||||||||||||||||
Hamilton, TX | — | 97 | 2,175 | — | — | 97 | 2,175 | 2,272 | 265 | 1987 | 12/15 | 25 | ||||||||||||||||||||
Lott, TX | — | 135 | 3,236 | — | — | 135 | 3,236 | 3,371 | 281 | 2013 | 12/15 | 35 | ||||||||||||||||||||
Salado, TX | — | 715 | 3,206 | — | — | 715 | 3,206 | 3,921 | 279 | 2014 | 12/15 | 35 | ||||||||||||||||||||
Temple, TX | — | 77 | 2,291 | — | — | 77 | 2,291 | 2,368 | 199 | 2012 | 12/15 | 35 | ||||||||||||||||||||
Vernon, TX | — | 154 | 5,850 | — | — | 154 | 5,850 | 6,004 | 445 | 2015 | 12/15 | 40 | ||||||||||||||||||||
Milton, FL | — | 1,498 | — | 3,568 | — | 1,498 | 3,568 | 5,066 | 182 | 2016 | 04/16 | (m) | 40 | |||||||||||||||||||
Giddings, TX | — | 845 | — | 5,219 | — | 845 | 5,219 | 6,064 | 201 | 2017 | 11/16 | (m) | 40 | |||||||||||||||||||
Daphne, AL | — | 1,411 | 1,247 | — | — | 1,411 | 1,247 | 2,658 | 85 | 2006 | 12/16 | 30 | ||||||||||||||||||||
Foley, AL | — | 783 | 1,721 | — | — | 783 | 1,721 | 2,504 | 88 | 2007 | 12/16 | 40 | ||||||||||||||||||||
Belton, TX | — | 415 | 3,391 | — | — | 415 | 3,391 | 3,806 | 166 | 2016 | 01/17 | 40 | ||||||||||||||||||||
Hewitt, TX | — | 747 | — | 3,233 | — | 747 | 3,233 | 3,980 | 84 | 2017 | 01/17 | (m) | 40 | |||||||||||||||||||
First Cash Pawn: | ||||||||||||||||||||||||||||||||
Alice, TX | — | 318 | 578 | — | — | 318 | 578 | 896 | 246 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Five Below: | ||||||||||||||||||||||||||||||||
Florissant, MO | — | 249 | 294 | 849 | — | 250 | 1,142 | 1,392 | 283 | 1996 | 04/03 | (g) | 40 | |||||||||||||||||||
Five Guys Burgers and Fries: | ||||||||||||||||||||||||||||||||
Middleburg Heights, OH | — | 497 | 260 | 250 | — | 497 | 510 | 1,007 | 264 | 1976 | 09/06 | 20 | ||||||||||||||||||||
Flash Markets: | ||||||||||||||||||||||||||||||||
Lebanon, TN | — | 582 | — | 2,063 | — | 582 | 2,063 | 2,645 | 561 | 2007 | 03/07 | (m) | 40 | |||||||||||||||||||
Fleming's: | ||||||||||||||||||||||||||||||||
Akron, OH | — | 475 | 3,140 | — | — | 475 | 3,140 | 3,615 | 609 | 2005 | 03/12 | 35 | ||||||||||||||||||||
Floor & Decor: | ||||||||||||||||||||||||||||||||
Knoxville, TN | — | 2,364 | — | 7,879 | — | 2,364 | 7,879 | 10,243 | 583 | 2016 | 09/15 | (m) | 40 | |||||||||||||||||||
Food 4 Less: | ||||||||||||||||||||||||||||||||
Chula Vista, CA | — | 3,569 | — | — | — | 3,569 | (c) | 3,569 | (c) | 1995 | 11/98 | (c) | ||||||||||||||||||||
Food Fast: | ||||||||||||||||||||||||||||||||
Bossier City, LA | — | 883 | 658 | — | — | 883 | 658 | 1,541 | 506 | 1975 | 06/07 | 15 | ||||||||||||||||||||
Brownsboro, TX | — | 328 | 385 | — | — | 328 | 385 | 713 | 148 | 1990 | 06/07 | 30 | ||||||||||||||||||||
Flint, TX | — | 272 | 411 | — | — | 272 | 411 | 683 | 190 | 1985 | 06/07 | 25 | ||||||||||||||||||||
Forney, TX | — | 545 | 707 | — | — | 545 | 707 | 1,252 | 272 | 1989 | 06/07 | 30 | ||||||||||||||||||||
Forney, TX | — | 473 | 654 | — | — | 473 | 654 | 1,127 | 251 | 1990 | 06/07 | 30 | ||||||||||||||||||||
Gun Barrel City, TX | — | 270 | 386 | — | — | 270 | 386 | 656 | 178 | 1986 | 06/07 | 25 | ||||||||||||||||||||
Gun Barrel City, TX | — | 242 | 467 | — | — | 242 | 467 | 709 | 216 | 1988 | 06/07 | 25 | ||||||||||||||||||||
Jacksonville, TX | — | 660 | 632 | — | — | 660 | 632 | 1,292 | 486 | 1976 | 06/07 | 15 | ||||||||||||||||||||
Kemp, TX | — | 581 | 505 | — | — | 581 | 505 | 1,086 | 233 | 1986 | 06/07 | 25 | ||||||||||||||||||||
Longview, TX | — | 426 | 382 | — | — | 426 | 382 | 808 | 176 | 1984 | 06/07 | 25 | ||||||||||||||||||||
Longview, TX | — | 271 | 431 | — | — | 271 | 431 | 702 | 166 | 1990 | 06/07 | 30 | ||||||||||||||||||||
Longview, TX | — | 252 | 304 | — | — | 252 | 304 | 556 | 140 | 1983 | 06/07 | 25 | ||||||||||||||||||||
Longview, TX | — | 360 | 535 | — | — | 360 | 535 | 895 | 247 | 1983 | 06/07 | 25 | ||||||||||||||||||||
Longview, TX | — | 403 | 572 | — | — | 403 | 572 | 975 | 264 | 1985 | 06/07 | 25 | ||||||||||||||||||||
Mabank, TX | — | 229 | 494 | — | — | 229 | 494 | 723 | 228 | 1986 | 06/07 | 25 | ||||||||||||||||||||
Mt. Vernon, TX | — | 292 | 666 | 2,800 | — | 292 | 2,800 | 3,092 | 400 | 2013 | 06/07 | (m) | 40 | |||||||||||||||||||
Tyler, TX | — | 323 | 283 | — | — | 323 | 283 | 606 | 163 | 1978 | 06/07 | 20 | ||||||||||||||||||||
Tyler, TX | — | 488 | 831 | — | — | 488 | 831 | 1,319 | 480 | 1980 | 06/07 | 20 | ||||||||||||||||||||
Tyler, TX | — | 742 | 546 | — | — | 742 | 546 | 1,288 | 252 | 1985 | 06/07 | 25 | ||||||||||||||||||||
Tyler, TX | — | 542 | 403 | — | — | 481 | 403 | 884 | 186 | 1984 | 06/07 | 25 | ||||||||||||||||||||
Tyler, TX | — | 188 | 329 | — | — | 188 | 329 | 517 | 152 | 1984 | 06/07 | 25 | ||||||||||||||||||||
Tyler, TX | — | 316 | 545 | — | — | 316 | 545 | 861 | 210 | 1989 | 06/07 | 30 | ||||||||||||||||||||
Fort Ticonderoga: | ||||||||||||||||||||||||||||||||
Ticonderoga, NY | — | 89 | 689 | 60 | — | 89 | 749 | 838 | 259 | 1993 | 09/04 | 40 | ||||||||||||||||||||
Fresenius Medical Care: | ||||||||||||||||||||||||||||||||
Houston, TX | — | 422 | 1,915 | 510 | — | 422 | 2,425 | 2,847 | 766 | 1995 | 08/06 | 40 | ||||||||||||||||||||
Rockford, MI | — | 226 | 1,404 | — | — | 226 | 1,404 | 1,630 | 209 | 2002 | 07/14 | 30 | ||||||||||||||||||||
Fresh Market: | ||||||||||||||||||||||||||||||||
Gainesville, FL | — | 317 | 1,248 | 656 | — | 317 | 1,904 | 2,221 | 668 | 1982 | 03/99 | 40 | ||||||||||||||||||||
Frisch's Big Boy: | ||||||||||||||||||||||||||||||||
Batavia, OH | — | 319 | 2,637 | 150 | — | 319 | 2,787 | 3,106 | 298 | 1995 | 08/15 | 30 | ||||||||||||||||||||
Bethel, OH | — | 242 | 2,512 | 150 | — | 242 | 2,662 | 2,904 | 340 | 1982 | 08/15 | 25 | ||||||||||||||||||||
Burlington, KY | — | 589 | 2,357 | — | — | 589 | 2,357 | 2,946 | 265 | 1995 | 08/15 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 734 | 1,768 | 150 | — | 734 | 1,918 | 2,652 | 240 | 1991 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 976 | 1,806 | — | — | 976 | 1,806 | 2,782 | 174 | 2011 | 08/15 | 35 | ||||||||||||||||||||
Cincinnati, OH | — | 695 | 2,173 | 150 | — | 695 | 2,323 | 3,018 | 246 | 1982 | 08/15 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 638 | 1,845 | 150 | — | 638 | 1,995 | 2,633 | 249 | 1993 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 271 | 939 | — | — | 271 | 939 | 1,210 | 127 | 1994 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 183 | 3,283 | 150 | — | 183 | 3,433 | 3,616 | 445 | 1980 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 290 | 3,100 | 150 | — | 290 | 3,250 | 3,540 | 421 | 1985 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 319 | 2,753 | 150 | — | 319 | 2,903 | 3,222 | 310 | 2007 | 08/15 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 445 | 929 | — | — | 445 | 929 | 1,374 | 104 | 2005 | 08/15 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 435 | 3,457 | 150 | — | 435 | 3,607 | 4,042 | 469 | 1970 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 754 | 1,044 | — | — | 754 | 1,044 | 1,798 | 117 | 1997 | 08/15 | 30 | ||||||||||||||||||||
Cincinnati, OH | — | 329 | 1,672 | — | — | 329 | 1,672 | 2,001 | 226 | 1988 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 300 | 1,952 | — | — | 300 | 1,952 | 2,252 | 264 | 1990 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 657 | 1,874 | 150 | — | 654 | 2,024 | 2,678 | 254 | 1986 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 541 | 1,981 | 150 | — | 541 | 2,131 | 2,672 | 269 | 1964 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 782 | 1,961 | 150 | — | 782 | 2,111 | 2,893 | 267 | 1973 | 08/15 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 387 | 1,865 | — | — | 387 | 1,865 | 2,252 | 210 | 1996 | 08/15 | 30 | ||||||||||||||||||||
Cold Spring, KY | — | 763 | 2,144 | 150 | — | 763 | 2,294 | 3,057 | 243 | 1993 | 08/15 | 30 | ||||||||||||||||||||
Covington, KY | — | 522 | 2,444 | 150 | — | 522 | 2,594 | 3,116 | 276 | 1991 | 08/15 | 30 | ||||||||||||||||||||
Dayton, OH | — | 464 | 2,029 | — | — | 464 | 2,029 | 2,493 | 228 | 1988 | 08/15 | 30 | ||||||||||||||||||||
Dayton, OH | — | 407 | 349 | — | — | 407 | 349 | 756 | 34 | 2010 | 08/15 | 35 | ||||||||||||||||||||
Dayton, OH | — | 445 | 1,276 | — | — | 445 | 1,276 | 1,721 | 123 | 2008 | 08/15 | 35 | ||||||||||||||||||||
Dayton, OH | — | 589 | 1,662 | — | — | 589 | 1,662 | 2,251 | 187 | 2006 | 08/15 | 30 | ||||||||||||||||||||
Dayton, OH | — | 261 | 1,392 | — | — | 261 | 1,392 | 1,653 | 188 | 1985 | 08/15 | 25 | ||||||||||||||||||||
Dayton, OH | — | 348 | 1,633 | — | — | 348 | 1,633 | 1,981 | 221 | 1990 | 08/15 | 25 | ||||||||||||||||||||
Eaton, OH | — | 319 | 1,267 | — | — | 319 | 1,267 | 1,586 | 171 | 1992 | 08/15 | 25 | ||||||||||||||||||||
Englewood, OH | — | 348 | 1,846 | — | — | 348 | 1,846 | 2,194 | 249 | 1976 | 08/15 | 25 | ||||||||||||||||||||
Erlanger, KY | — | 425 | 1,740 | — | — | 425 | 1,740 | 2,165 | 235 | 1991 | 08/15 | 25 | ||||||||||||||||||||
Fairborn, OH | — | 348 | 1,305 | — | — | 348 | 1,305 | 1,653 | 147 | 1989 | 08/15 | 30 | ||||||||||||||||||||
Fairfield, OH | — | 580 | 1,556 | 150 | — | 580 | 1,706 | 2,286 | 212 | 1976 | 08/15 | 25 | ||||||||||||||||||||
Florence, KY | — | 860 | 1,903 | 150 | — | 860 | 2,053 | 2,913 | 257 | 1986 | 08/15 | 25 | ||||||||||||||||||||
Florence, KY | — | 850 | 1,971 | 150 | — | 850 | 2,121 | 2,971 | 222 | 2001 | 08/15 | 30 | ||||||||||||||||||||
Fort Mitchell, KY | — | 792 | 3,051 | 150 | — | 792 | 3,201 | 3,993 | 345 | 1988 | 08/15 | 30 | ||||||||||||||||||||
Franklin, OH | — | 415 | 2,425 | 150 | — | 415 | 2,575 | 2,990 | 273 | 1987 | 08/15 | 30 | ||||||||||||||||||||
Franklin, OH | — | 406 | 1,749 | 150 | — | 406 | 1,899 | 2,305 | 238 | 1977 | 08/15 | 25 | ||||||||||||||||||||
Gahanna, OH | — | 389 | 165 | — | — | 389 | 165 | 554 | 19 | 1994 | 08/15 | 30 | ||||||||||||||||||||
Greensburg, IN | — | 464 | 1,575 | 150 | — | 464 | 1,726 | 2,190 | 177 | 1990 | 08/15 | 30 | ||||||||||||||||||||
Grove City, OH | — | 406 | 1,846 | — | — | 406 | 1,846 | 2,252 | 208 | 1993 | 08/15 | 30 | ||||||||||||||||||||
Groveport, OH | — | 145 | 1,084 | — | — | 145 | 1,084 | 1,229 | 122 | 1992 | 08/15 | 30 | ||||||||||||||||||||
Hamilton, OH | — | 560 | 1,894 | — | — | 560 | 1,894 | 2,454 | 213 | 2009 | 08/15 | 30 | ||||||||||||||||||||
Hamilton, OH | — | 310 | 1,045 | — | — | 310 | 1,045 | 1,355 | 141 | 1968 | 08/15 | 25 | ||||||||||||||||||||
Harrison, OH | — | 338 | 2,685 | — | — | 338 | 2,685 | 3,023 | 302 | 1989 | 08/15 | 30 | ||||||||||||||||||||
Heath, OH | — | 939 | 348 | — | — | 939 | 348 | 1,287 | 34 | 2011 | 08/15 | 35 | ||||||||||||||||||||
Hillsboro, OH | — | 502 | 2,926 | 150 | — | 502 | 3,076 | 3,578 | 396 | 1980 | 08/15 | 25 | ||||||||||||||||||||
Independence, KY | — | 657 | 1,816 | — | — | 657 | 1,816 | 2,473 | 204 | 2009 | 08/15 | 30 | ||||||||||||||||||||
Lancaster, OH | — | 570 | 1,604 | — | — | 570 | 1,604 | 2,174 | 180 | 1992 | 08/15 | 30 | ||||||||||||||||||||
Lawrenceburg, IN | — | 550 | 3,071 | — | — | 550 | 3,071 | 3,621 | 296 | 2010 | 08/15 | 35 | ||||||||||||||||||||
Lebanon, OH | — | 560 | 2,550 | 150 | — | 560 | 2,700 | 3,260 | 287 | 2006 | 08/15 | 30 | ||||||||||||||||||||
Lexington, KY | — | 734 | 1,382 | — | — | 734 | 1,382 | 2,116 | 133 | 2013 | 08/15 | 35 | ||||||||||||||||||||
Lexington, KY | — | 647 | 2,289 | 150 | — | 647 | 2,439 | 3,086 | 310 | 1976 | 08/15 | 25 | ||||||||||||||||||||
Louisville, KY | — | 891 | 97 | — | — | 891 | 97 | 988 | 11 | 1994 | 08/15 | 30 | ||||||||||||||||||||
Louisville, KY | — | 628 | 1,691 | 150 | — | 628 | 1,841 | 2,469 | 192 | 1990 | 08/15 | 30 | ||||||||||||||||||||
Loveland, OH | — | 184 | 1,740 | — | — | 184 | 1,740 | 1,924 | 196 | 1990 | 08/15 | 30 | ||||||||||||||||||||
Loveland, OH | — | 241 | 2,666 | 150 | — | 241 | 2,816 | 3,057 | 362 | 1980 | 08/15 | 25 | ||||||||||||||||||||
Marysville, OH | — | 281 | 823 | — | — | 281 | 823 | 1,104 | 93 | 1993 | 08/15 | 30 | ||||||||||||||||||||
Mason, OH | — | 531 | 1,981 | 150 | — | 531 | 2,131 | 2,662 | 269 | 1987 | 08/15 | 25 | ||||||||||||||||||||
Maysville, KY | — | 454 | 3,119 | 175 | — | 479 | 3,269 | 3,748 | 423 | 1992 | 08/15 | 25 | ||||||||||||||||||||
Miamisburg, OH | — | 551 | 1,701 | — | — | 551 | 1,701 | 2,252 | 230 | 1970 | 08/15 | 25 | ||||||||||||||||||||
Middletown, OH | — | 155 | 1,952 | 150 | — | 155 | 2,102 | 2,257 | 265 | 1966 | 08/15 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Middletown, OH | — | 823 | 310 | — | — | 823 | 310 | 1,133 | 30 | 2013 | 08/15 | 35 | ||||||||||||||||||||
Milford, OH | — | 309 | 1,942 | 150 | — | 309 | 2,092 | 2,401 | 264 | 1960 | 08/15 | 25 | ||||||||||||||||||||
New Albany, IN | — | 493 | 1,238 | — | — | 493 | 1,238 | 1,731 | 139 | 1995 | 08/15 | 30 | ||||||||||||||||||||
Shepherdsville, KY | — | 793 | 1,092 | — | — | 793 | 1,092 | 1,885 | 123 | 2009 | 08/15 | 30 | ||||||||||||||||||||
Springfield, OH | — | 560 | 1,691 | — | — | 560 | 1,691 | 2,251 | 190 | 2007 | 08/15 | 30 | ||||||||||||||||||||
Tipp City, OH | — | 503 | 919 | — | — | 503 | 919 | 1,422 | 103 | 1996 | 08/15 | 30 | ||||||||||||||||||||
Troy, OH | — | 445 | 1,807 | — | — | 445 | 1,807 | 2,252 | 203 | 1987 | 08/15 | 30 | ||||||||||||||||||||
Urbana, OH | — | 252 | 1,142 | — | — | 252 | 1,142 | 1,394 | 154 | 1991 | 08/15 | 25 | ||||||||||||||||||||
Washington, OH | — | 300 | 1,672 | 150 | — | 300 | 1,822 | 2,122 | 189 | 1990 | 08/15 | 30 | ||||||||||||||||||||
Wilmington, OH | — | 377 | 2,502 | 150 | — | 377 | 2,652 | 3,029 | 338 | 1973 | 08/15 | 25 | ||||||||||||||||||||
Winchester, KY | — | 348 | 1,325 | — | — | 348 | 1,325 | 1,673 | 149 | 2008 | 08/15 | 30 | ||||||||||||||||||||
Xenia, OH | — | 261 | 2,299 | — | — | 261 | 2,299 | 2,560 | 259 | 1986 | 08/15 | 30 | ||||||||||||||||||||
Fuel Up: | ||||||||||||||||||||||||||||||||
Chambersburg, PA | — | 76 | 197 | — | — | 76 | 197 | 273 | 132 | 1990 | 08/05 | 20 | ||||||||||||||||||||
Fuel-On: | ||||||||||||||||||||||||||||||||
Bloomsburg, PA | — | 541 | 146 | — | — | 541 | 146 | 687 | 98 | 1967 | 08/05 | 20 | ||||||||||||||||||||
Emporium, PA | — | 380 | 569 | — | — | 380 | 569 | 949 | 380 | 1996 | 08/05 | 20 | ||||||||||||||||||||
Johnsonburg, PA | — | 781 | 504 | — | — | 781 | 504 | 1,285 | 337 | 1978 | 08/05 | 20 | ||||||||||||||||||||
St. Mary's, PA | — | 274 | 261 | — | — | 274 | 261 | 535 | 175 | 1979 | 08/05 | 20 | ||||||||||||||||||||
Danville, PA | — | 180 | 359 | — | — | 180 | 359 | 539 | 116 | 1988 | 01/06 | 40 | ||||||||||||||||||||
Houtzdale, PA | — | 541 | 500 | — | — | 356 | — | 356 | — | 1977 | 01/06 | 15 | ||||||||||||||||||||
Pittsburgh, PA | — | 905 | 1,346 | — | — | 905 | 1,346 | 2,251 | 436 | 1967 | 01/06 | 40 | ||||||||||||||||||||
Zelienople, PA | — | 160 | 437 | — | — | 160 | 437 | 597 | 142 | 1988 | 01/06 | 40 | ||||||||||||||||||||
Fuji Japanese Steakhouse: | ||||||||||||||||||||||||||||||||
Farmington, NM | — | 2,757 | — | 773 | — | 2,757 | 773 | 3,530 | 198 | 2003 | 12/07 | (o) | 40 | |||||||||||||||||||
Furniture Bank: | ||||||||||||||||||||||||||||||||
Columbus, OH | — | 1,596 | 934 | 239 | — | 1,605 | 1,165 | 2,770 | 363 | 1970 | 11/04 | (o) | 40 | |||||||||||||||||||
Furr's Family Dining: | ||||||||||||||||||||||||||||||||
Moore, OK | — | 939 | — | 2,429 | — | 939 | 2,429 | 3,368 | 681 | 2007 | 03/07 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Arlington, TX | — | 1,061 | — | 1,594 | — | 1,061 | 1,594 | 2,655 | 327 | 2010 | 04/10 | (m) | 40 | |||||||||||||||||||
McAllen, TX | — | 520 | 1,700 | — | — | 520 | 1,700 | 2,220 | 399 | 2004 | 12/11 | 30 | ||||||||||||||||||||
Gander Outdoors: | ||||||||||||||||||||||||||||||||
Amarillo, TX | — | 1,514 | 5,781 | 3,884 | — | 4,581 | 6,555 | 11,136 | 2,057 | 2004 | 11/04 | (m) | 40 | |||||||||||||||||||
DeForest, WI | — | 2,798 | 10,953 | 3,303 | — | 2,787 | 14,216 | 17,003 | 3,086 | 2008 | 09/10 | (m) | 35 | |||||||||||||||||||
Springfield, IL | — | 1,717 | 7,622 | 2,666 | — | 3,739 | 8,266 | 12,005 | 1,807 | 2009 | 09/10 | (m) | 35 | |||||||||||||||||||
Onalaska, WI | — | 1,963 | — | 7,417 | — | 1,733 | 7,417 | 9,150 | 1,322 | 2011 | 10/10 | (m) | 40 | |||||||||||||||||||
Ocala, FL | — | 3,315 | 8,908 | 645 | — | 3,315 | 9,553 | 12,868 | 2,106 | 2008 | 10/10 | (m) | 35 | |||||||||||||||||||
Bowling Green, KY | — | 1,777 | 7,319 | 713 | — | 1,777 | 8,032 | 9,809 | 1,567 | 2007 | 07/11 | (m) | 35 | |||||||||||||||||||
Roanoke, VA | — | 1,769 | 8,120 | 738 | — | 1,769 | 8,858 | 10,627 | 1,742 | 2008 | 07/11 | (m) | 35 | |||||||||||||||||||
Greenfield, IN | — | 878 | — | 6,695 | — | 878 | 6,695 | 7,573 | 717 | 2014 | 12/13 | (m) | 40 | |||||||||||||||||||
Lakeville, MN | — | 3,243 | 11,191 | 609 | — | 3,243 | 11,800 | 15,043 | 1,430 | 2003 | 03/15 | (o) | 30 | |||||||||||||||||||
Chesterfield, MO | — | 3,424 | — | 8,300 | — | 3,424 | 8,300 | 11,724 | 616 | 2015 | 06/15 | (m) | 40 | |||||||||||||||||||
Gate Petroleum: | ||||||||||||||||||||||||||||||||
Concord, NC | — | 852 | 1,201 | — | — | 852 | 1,201 | 2,053 | 407 | 2001 | 06/05 | 40 | ||||||||||||||||||||
Rocky Mount, NC | — | 259 | 1,164 | — | — | 259 | 1,164 | 1,423 | 394 | 2000 | 06/05 | 40 | ||||||||||||||||||||
Gerber Collision: | ||||||||||||||||||||||||||||||||
Garner, NC | — | 352 | 1,056 | — | — | 352 | 1,056 | 1,408 | 306 | 1972 | 03/13 | 20 | ||||||||||||||||||||
Estero, FL | — | 839 | — | 2,135 | — | 839 | 2,135 | 2,974 | 222 | 2015 | 10/14 | (m) | 30 | |||||||||||||||||||
Woodstock, GA | — | 328 | 1,291 | — | — | 328 | 1,291 | 1,619 | 178 | 1990 | 11/14 | 30 | ||||||||||||||||||||
Roswell, GA | — | 958 | — | 1,920 | — | 961 | 1,920 | 2,881 | 292 | 2015 | 12/14 | (m) | 25 | |||||||||||||||||||
Tucson, AZ | — | 242 | 1,518 | — | — | 242 | 1,518 | 1,760 | 201 | 2002 | 01/15 | 30 | ||||||||||||||||||||
Tucson, AZ | — | 330 | 1,746 | — | — | 330 | 1,746 | 2,076 | 197 | 2008 | 01/15 | 35 | ||||||||||||||||||||
Global: | ||||||||||||||||||||||||||||||||
Augusta, ME | — | 234 | 1,384 | — | — | 234 | 1,384 | 1,618 | 141 | 1987 | 06/16 | 25 | ||||||||||||||||||||
Bedford, NH | — | 332 | 907 | — | — | 332 | 907 | 1,239 | 92 | 1980 | 06/16 | 25 | ||||||||||||||||||||
Bridgeport, CT | — | 331 | 1,762 | — | — | 331 | 1,762 | 2,093 | 179 | 1979 | 06/16 | 25 | ||||||||||||||||||||
Derry, NH | — | 176 | 1,044 | — | — | 176 | 1,044 | 1,220 | 106 | 1987 | 06/16 | 25 | ||||||||||||||||||||
Dover, NH | — | 497 | 926 | — | — | 497 | 926 | 1,423 | 78 | 2004 | 06/16 | 30 | ||||||||||||||||||||
Epping, NH | — | 798 | 1,363 | — | — | 798 | 1,363 | 2,161 | 115 | 1998 | 06/16 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Exeter, NH | — | 593 | 3,258 | — | — | 593 | 3,258 | 3,851 | 276 | 2001 | 06/16 | 30 | ||||||||||||||||||||
Fitzwilliam, NH | — | 146 | 2,404 | — | — | 146 | 2,404 | 2,550 | 244 | 1993 | 06/16 | 25 | ||||||||||||||||||||
Gardner, MA | — | 88 | 2,764 | — | — | 88 | 2,764 | 2,852 | 281 | 1968 | 06/16 | 25 | ||||||||||||||||||||
Hanover, MA | — | 380 | 1,131 | — | — | 380 | 1,131 | 1,511 | 115 | 1991 | 06/16 | 25 | ||||||||||||||||||||
Johnston, RI | — | 478 | 1,082 | — | — | 478 | 1,082 | 1,560 | 110 | 1992 | 06/16 | 25 | ||||||||||||||||||||
Manchester, CT | — | 584 | 1,869 | — | — | 584 | 1,869 | 2,453 | 190 | 1983 | 06/16 | 25 | ||||||||||||||||||||
Middleton, MA | — | 331 | 1,694 | — | — | 331 | 1,694 | 2,025 | 144 | 2001 | 06/16 | 30 | ||||||||||||||||||||
Milford, MA | — | 642 | 1,869 | — | — | 642 | 1,869 | 2,511 | 190 | 1972 | 06/16 | 25 | ||||||||||||||||||||
Nashua, NH | — | 351 | 1,160 | — | — | 351 | 1,160 | 1,511 | 118 | 1991 | 06/16 | 25 | ||||||||||||||||||||
North Easton, MA | — | 1,293 | 2,917 | — | — | 1,293 | 2,917 | 4,210 | 247 | 2005 | 06/16 | 30 | ||||||||||||||||||||
Portland, ME | — | 361 | 732 | — | — | 361 | 732 | 1,093 | 74 | 1987 | 06/16 | 25 | ||||||||||||||||||||
Saugus, MA | — | 885 | 3,209 | — | — | 885 | 3,209 | 4,094 | 272 | 1997 | 06/16 | 30 | ||||||||||||||||||||
Scarborough, ME | — | 662 | 1,393 | — | — | 662 | 1,393 | 2,055 | 118 | 1998 | 06/16 | 30 | ||||||||||||||||||||
Tewksbury, MA | — | 449 | 839 | — | — | 449 | 839 | 1,288 | 71 | 2000 | 06/16 | 30 | ||||||||||||||||||||
Townsend, MA | — | 195 | 1,695 | — | — | 195 | 1,695 | 1,890 | 172 | 1983 | 06/16 | 25 | ||||||||||||||||||||
Waltham, MA | — | 467 | 1,995 | — | — | 467 | 1,995 | 2,462 | 203 | 1983 | 06/16 | 25 | ||||||||||||||||||||
Warwick, RI | — | 633 | 1,120 | — | — | 633 | 1,120 | 1,753 | 95 | 2004 | 06/16 | 30 | ||||||||||||||||||||
Waterville, ME | — | 49 | 1,112 | — | — | 49 | 1,112 | 1,161 | 113 | 1987 | 06/16 | 25 | ||||||||||||||||||||
Westerly, RI | — | 351 | 1,830 | — | — | 351 | 1,830 | 2,181 | 186 | 1989 | 06/16 | 25 | ||||||||||||||||||||
Westerly, RI | — | 506 | 2,141 | — | — | 506 | 2,141 | 2,647 | 181 | 1998 | 06/16 | 30 | ||||||||||||||||||||
Westford, MA | — | 448 | 1,072 | — | — | 448 | 1,072 | 1,520 | 91 | 1998 | 06/16 | 30 | ||||||||||||||||||||
Weymouth, MA | — | 214 | 1,802 | — | — | 214 | 1,802 | 2,016 | 183 | 1960 | 06/16 | 25 | ||||||||||||||||||||
Wyoming, RI | — | 409 | 1,276 | — | — | 409 | 1,276 | 1,685 | 108 | 1999 | 06/16 | 30 | ||||||||||||||||||||
York, ME | — | 175 | 2,812 | — | — | 175 | 2,812 | 2,987 | 286 | 1990 | 06/16 | 25 | ||||||||||||||||||||
Golden Corral: | ||||||||||||||||||||||||||||||||
Lake Placid, FL | — | 115 | 305 | 54 | — | 115 | 359 | 474 | 347 | 1985 | 05/85 | 35 | ||||||||||||||||||||
Tampa, FL | — | 1,188 | 1,339 | — | — | 1,188 | 1,339 | 2,527 | 570 | 1998 | 12/01 | 40 | ||||||||||||||||||||
Temple Terrace, FL | — | 1,330 | 1,391 | — | — | 1,330 | 1,391 | 2,721 | 592 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Davenport, IA | — | 923 | 2,122 | — | — | 923 | 2,122 | 3,045 | 235 | 1998 | 02/15 | 35 | ||||||||||||||||||||
Orange Park, FL | — | 1,074 | 1,794 | — | — | 1,074 | 1,794 | 2,868 | 232 | 1995 | 02/15 | 30 | ||||||||||||||||||||
Pensacola, FL | — | 1,344 | 3,212 | — | — | 1,344 | 3,212 | 4,556 | 356 | 1999 | 02/15 | 35 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Goodwill: | ||||||||||||||||||||||||||||||||
Sealy, TX | — | 612 | 675 | 655 | — | 612 | 1,330 | 1,942 | 487 | 1982 | 03/99 | 40 | ||||||||||||||||||||
Fort Worth, TX | — | 988 | 2,368 | 32 | — | 988 | 2,401 | 3,389 | 825 | 1997 | 02/05 | 40 | ||||||||||||||||||||
Goodyear Truck & Tire: | ||||||||||||||||||||||||||||||||
Anthony, TX | — | (l) | 1,242 | 6 | — | (l) | 1,248 | 1,248 | 357 | 2007 | 02/07 | 40 | ||||||||||||||||||||
Beaverdam, OH | — | (l) | 1,521 | — | — | (l) | 1,521 | 1,521 | 442 | 2004 | 05/07 | 40 | ||||||||||||||||||||
Benton, AR | — | (l) | 309 | — | — | (l) | 309 | 309 | 88 | 2001 | 05/07 | 40 | ||||||||||||||||||||
Bowman, SC | — | (l) | 969 | — | — | (l) | 969 | 969 | 322 | 1998 | 05/07 | 35 | ||||||||||||||||||||
Dalton, GA | — | (l) | 1,541 | — | — | (l) | 1,541 | 1,541 | 448 | 2004 | 05/07 | 40 | ||||||||||||||||||||
Dandridge, TN | — | (l) | 1,030 | — | — | (l) | 1,030 | 1,030 | 342 | 1989 | 05/07 | 35 | ||||||||||||||||||||
Franklin, OH | — | (l) | 563 | — | — | (l) | 563 | 563 | 187 | 1998 | 05/07 | 35 | ||||||||||||||||||||
Gary, IN | — | (l) | 1,486 | — | — | (l) | 1,486 | 1,486 | 432 | 2004 | 05/07 | 40 | ||||||||||||||||||||
Georgetown, KY | — | (l) | 679 | — | — | (l) | 679 | 679 | 263 | 1997 | 05/07 | 30 | ||||||||||||||||||||
Mebane, NC | — | (l) | 561 | — | — | (l) | 561 | 561 | 186 | 1998 | 05/07 | 35 | ||||||||||||||||||||
Piedmont, SC | — | (l) | 567 | — | — | (l) | 567 | 567 | 188 | 1999 | 05/07 | 35 | ||||||||||||||||||||
Port Wentworth, GA | — | (l) | 552 | — | — | (l) | 552 | 552 | 183 | 1998 | 05/07 | 35 | ||||||||||||||||||||
Valdosta, GA | — | (l) | 1,477 | — | — | (l) | 1,477 | 1,477 | 429 | 2004 | 05/07 | 40 | ||||||||||||||||||||
Temple, GA | — | (l) | 1,065 | — | — | (l) | 1,065 | 1,065 | 296 | 2007 | 06/07 | 40 | ||||||||||||||||||||
Whiteland, IN | — | (l) | 1,471 | — | — | (l) | 1,471 | 1,471 | 421 | 2004 | 07/07 | 40 | ||||||||||||||||||||
Urbandale, IA | — | (l) | 816 | — | — | (l) | 816 | 816 | 234 | 1987 | 07/07 | 40 | ||||||||||||||||||||
Robinson, TX | — | (l) | 1,183 | — | — | (l) | 1,183 | 1,183 | 329 | 2007 | 07/07 | 40 | ||||||||||||||||||||
Kearney, MO | — | (l) | 1,269 | — | — | (l) | 1,269 | 1,269 | 363 | 2003 | 07/07 | 40 | ||||||||||||||||||||
Oklahoma City, OK | — | (l) | 1,247 | — | — | (l) | 1,247 | 1,247 | 339 | 2008 | 08/07 | 40 | ||||||||||||||||||||
Amarillo, TX | — | (l) | 1,158 | — | — | (l) | 1,158 | 1,158 | 305 | 2008 | 02/08 | 40 | ||||||||||||||||||||
Jackson, MS | — | (l) | 1,281 | — | — | (l) | 1,281 | 1,281 | 335 | 2008 | 03/08 | 40 | ||||||||||||||||||||
Glendale, KY | — | (l) | 1,066 | — | — | (l) | 1,066 | 1,066 | 272 | 2008 | 07/08 | 40 | ||||||||||||||||||||
Lebanon, TN | — | (l) | 1,331 | — | — | (l) | 1,331 | 1,331 | 334 | 2008 | 08/08 | (p) | 40 | |||||||||||||||||||
Laredo, TX | — | (l) | 1,238 | — | — | (l) | 1,238 | 1,238 | 303 | 2009 | 11/08 | (p) | 40 | |||||||||||||||||||
Midland, TX | — | (l) | 1,148 | — | — | (l) | 1,148 | 1,148 | 243 | 2010 | 04/10 | (p) | 40 | |||||||||||||||||||
Tuscaloosa, AL | — | (l) | 1,002 | — | — | (l) | 1,002 | 1,002 | 201 | 2010 | 08/10 | (p) | 40 | |||||||||||||||||||
Kenly, NC | — | (l) | 1,066 | — | — | (l) | 1,066 | 1,066 | 210 | 2011 | 11/10 | (p) | 40 | |||||||||||||||||||
Matthews, MO | — | (l) | 1,042 | 50 | — | (l) | 1,092 | 1,092 | 205 | 2011 | 01/11 | (p) | 40 | |||||||||||||||||||
Baytown, TX | — | (l) | — | 1,375 | — | (l) | 1,375 | 1,375 | 254 | 2011 | 05/11 | (p) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Sunbury, OH | — | (l) | — | 1,424 | — | (l) | 1,424 | 1,424 | 251 | 2011 | 06/11 | (p) | 40 | |||||||||||||||||||
Greenwood, LA | — | (l) | — | 1,291 | — | (l) | 1,291 | 1,291 | 230 | 2011 | 06/11 | (p) | 40 | |||||||||||||||||||
Joplin, MO | — | (l) | — | 1,168 | — | (l) | 1,168 | 1,168 | 208 | 2011 | 06/11 | (p) | 40 | |||||||||||||||||||
Winslow, AZ | — | (l) | — | 1,613 | — | (l) | 1,613 | 1,613 | 277 | 2012 | 09/11 | (p) | 40 | |||||||||||||||||||
Gulfport, MS | — | (l) | — | 1,377 | — | (l) | 1,377 | 1,377 | 231 | 2012 | 11/11 | (p) | 40 | |||||||||||||||||||
Sulphur Springs, TX | — | (l) | — | 1,283 | — | (l) | 1,283 | 1,283 | 212 | 2012 | 12/11 | (p) | 40 | |||||||||||||||||||
Walcott, IA | — | (l) | — | 1,673 | — | (l) | 1,673 | 1,673 | 131 | 2015 | 07/15 | (p) | 40 | |||||||||||||||||||
S. Beloit, IL | — | (l) | — | 1,927 | — | (l) | 1,927 | 1,927 | 138 | 2016 | 08/15 | (p) | 40 | |||||||||||||||||||
Eloy, AZ | — | (l) | — | 1,739 | — | (l) | 1,739 | 1,739 | 125 | 2016 | 10/15 | (p) | 40 | |||||||||||||||||||
Gordmans: | ||||||||||||||||||||||||||||||||
Wyoming, MI | — | 1,322 | — | 4,447 | — | 1,322 | 4,447 | 5,769 | 496 | 2014 | 10/13 | (m) | 40 | |||||||||||||||||||
Saginaw, MI | — | 763 | — | 4,088 | — | 763 | 4,088 | 4,851 | 456 | 2014 | 02/14 | (m) | 40 | |||||||||||||||||||
Great Clips: | ||||||||||||||||||||||||||||||||
Swansea, IL | — | 46 | 132 | 157 | — | 46 | 290 | 336 | 58 | 1997 | 12/01 | (g) | 40 | |||||||||||||||||||
Lapeer, MI | — | 27 | 194 | — | — | 27 | 184 | 211 | 53 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Guitar Center: | ||||||||||||||||||||||||||||||||
Roseville, MN | — | 1,599 | 1,419 | 23 | — | 1,599 | 1,442 | 3,041 | 467 | 1994 | 08/06 | 40 | ||||||||||||||||||||
H&R Block: | ||||||||||||||||||||||||||||||||
Swansea, IL | — | 46 | 132 | 69 | — | 46 | 201 | 247 | 113 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Bristol, VA | — | 63 | 184 | 40 | — | 63 | 224 | 287 | 38 | 2000 | 07/14 | 25 | ||||||||||||||||||||
Harbor Freight Tools: | ||||||||||||||||||||||||||||||||
Federal Way, WA | — | 2,037 | 1,662 | 534 | — | 2,037 | 2,195 | 4,232 | 1,004 | 1994 | 06/98 | 40 | ||||||||||||||||||||
Gastonia, NC | — | 994 | 1,513 | 193 | — | 994 | 1,706 | 2,700 | 564 | 2004 | 12/04 | 40 | ||||||||||||||||||||
Plainfield, IN | — | 503 | — | 1,633 | — | 503 | 1,633 | 2,136 | 211 | 1972 | 12/14 | (o) | 30 | |||||||||||||||||||
Houma, LA | — | 1,037 | — | 3,362 | — | 1,037 | 3,362 | 4,399 | 151 | 2016 | 08/16 | (m) | 40 | |||||||||||||||||||
McKinney, TX | — | 1,040 | — | 2,551 | — | 1,040 | 2,551 | 3,591 | 93 | 2017 | 01/17 | (m) | 40 | |||||||||||||||||||
Marion, IN | — | 493 | — | 1,697 | — | 493 | 1,697 | 2,190 | 44 | 2017 | 08/17 | (m) | 40 | |||||||||||||||||||
Sandusky, OH | — | 999 | — | 1,139 | — | 999 | 1,139 | 2,138 | 8 | 2018 | 04/18 | (m) | (k) | |||||||||||||||||||
Casa Grande, AZ | — | 1,963 | 1,206 | — | — | 1,963 | 1,206 | 3,169 | 18 | 1976 | 09/18 | 20 | ||||||||||||||||||||
Hillsboro, OH | — | 541 | 2,412 | — | — | 541 | 2,412 | 2,953 | 28 | 1978 | 09/18 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Howell, MI | — | 737 | 2,828 | — | — | 737 | 2,828 | 3,565 | 33 | 1993 | 09/18 | 25 | ||||||||||||||||||||
Lake City, FL | — | 767 | 2,567 | — | — | 767 | 2,567 | 3,334 | 21 | 2014 | 09/18 | 35 | ||||||||||||||||||||
Morristown, TN | — | 657 | 2,290 | — | — | 657 | 2,290 | 2,947 | 19 | 2015 | 09/18 | 35 | ||||||||||||||||||||
Palm Harbor, FL | — | 1,948 | 2,216 | — | — | 1,948 | 2,216 | 4,164 | 22 | 1980 | 09/18 | 30 | ||||||||||||||||||||
Reynoldsburg, OH | — | 767 | 3,502 | — | — | 767 | 3,502 | 4,269 | 29 | 2014 | 09/18 | 35 | ||||||||||||||||||||
Rogers, AR | — | 448 | 2,052 | — | — | 448 | 2,052 | 2,500 | 20 | 1997 | 09/18 | 30 | ||||||||||||||||||||
Sebring, FL | — | 519 | 2,350 | — | — | 519 | 2,350 | 2,869 | 23 | 1980 | 09/18 | 30 | ||||||||||||||||||||
Steubenville, OH | — | 748 | 2,162 | — | — | 748 | 2,162 | 2,910 | 25 | 1999 | 09/18 | 25 | ||||||||||||||||||||
Troy, OH | — | 685 | 2,750 | — | — | 685 | 2,750 | 3,435 | 27 | 2006 | 09/18 | 30 | ||||||||||||||||||||
Warren, OH | — | 332 | 2,960 | — | — | 332 | 2,960 | 3,292 | 25 | 2013 | 09/18 | 35 | ||||||||||||||||||||
Zanesville, OH | — | 913 | 2,202 | — | — | 913 | 2,202 | 3,115 | 18 | 2014 | 09/18 | 35 | ||||||||||||||||||||
Louisville, KY | — | 970 | — | — | — | 970 | (e) | 970 | (e) | (e) | 11/18 | (m) | (e) | |||||||||||||||||||
Hardee's: | ||||||||||||||||||||||||||||||||
Savannah, TN (n) | — | 151 | 713 | — | — | 151 | 713 | 864 | 138 | 1988 | 02/15 | 20 | ||||||||||||||||||||
Warrenton, NC (n) | — | 143 | 633 | — | — | 143 | 633 | 776 | 82 | 1960 | 02/15 | 30 | ||||||||||||||||||||
Havertys Furniture: | ||||||||||||||||||||||||||||||||
Pensacola, FL | — | 633 | 1,595 | 66 | — | 603 | 1,661 | 2,264 | 913 | 1994 | 06/96 | 40 | ||||||||||||||||||||
Bowie, MD | — | 1,966 | 4,221 | — | — | 1,966 | 4,221 | 6,187 | 2,133 | 1997 | 12/97 | 39 | ||||||||||||||||||||
Healthy Pet: | ||||||||||||||||||||||||||||||||
Suwanee, GA | — | 175 | 1,038 | — | — | 175 | 1,038 | 1,213 | 313 | 1997 | 12/06 | 40 | ||||||||||||||||||||
Colonial Heights, VA | — | 160 | 746 | — | — | 160 | 746 | 906 | 223 | 1996 | 01/07 | 40 | ||||||||||||||||||||
Hear USA: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 29 | 211 | — | — | 29 | 201 | 230 | 58 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Heartland Dental: | ||||||||||||||||||||||||||||||||
Greer, SC | — | 399 | — | 1,435 | — | 399 | 1,435 | 1,834 | 49 | 2017 | 05/17 | (m) | 40 | |||||||||||||||||||
Herc Rentals: | ||||||||||||||||||||||||||||||||
Anaheim, CA | — | 6,156 | 1,214 | — | — | 6,156 | 1,214 | 7,370 | 49 | 2005 | 10/17 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Arden, NC | — | 359 | 1,286 | — | — | 359 | 1,286 | 1,645 | 52 | 1992 | 10/17 | 30 | ||||||||||||||||||||
Athens, GA | — | 255 | 2,039 | — | — | 255 | 2,039 | 2,294 | 99 | 1977 | 10/17 | 25 | ||||||||||||||||||||
Augusta, GA | — | 360 | 1,069 | — | — | 360 | 1,069 | 1,429 | 43 | 1999 | 10/17 | 30 | ||||||||||||||||||||
Austin, TX | — | 2,215 | 1,517 | — | — | 2,215 | 1,517 | 3,732 | 61 | 2002 | 10/17 | 30 | ||||||||||||||||||||
Baltimore, MD | — | 283 | 1,484 | — | — | 283 | 1,484 | 1,767 | 72 | 1984 | 10/17 | 25 | ||||||||||||||||||||
Beaumont, TX | — | 822 | 624 | — | — | 822 | 624 | 1,446 | 25 | 1989 | 10/17 | 30 | ||||||||||||||||||||
Boston, MA | — | 4,536 | 2,964 | — | — | 4,536 | 2,964 | 7,500 | 143 | 1960 | 10/17 | 25 | ||||||||||||||||||||
Carson, CA | — | 5,646 | 3,764 | — | — | 5,646 | 3,764 | 9,410 | 152 | 2002 | 10/17 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 389 | 626 | — | — | 389 | 626 | 1,015 | 30 | 1964 | 10/17 | 25 | ||||||||||||||||||||
Cincinnati, OH | — | 453 | 1,842 | — | — | 453 | 1,842 | 2,295 | 89 | 1971 | 10/17 | 25 | ||||||||||||||||||||
Columbus, OH | — | 483 | 1,051 | — | — | 483 | 1,051 | 1,534 | 51 | 1968 | 10/17 | 25 | ||||||||||||||||||||
Deer Park, TX | — | 443 | 1,953 | — | — | 443 | 1,953 | 2,396 | 79 | 1984 | 10/17 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 311 | 2,038 | — | — | 311 | 2,038 | 2,349 | 99 | 1981 | 10/17 | 25 | ||||||||||||||||||||
Foothill Ranch, CA | — | 3,484 | 1,799 | — | — | 3,484 | 1,799 | 5,283 | 72 | 2003 | 10/17 | 30 | ||||||||||||||||||||
Gilbert, AZ | — | 839 | 1,754 | — | — | 839 | 1,754 | 2,593 | 71 | 1997 | 10/17 | 30 | ||||||||||||||||||||
Greensboro, NC | — | 351 | 843 | — | — | 351 | 843 | 1,194 | 34 | 1988 | 10/17 | 30 | ||||||||||||||||||||
Henderson, CO | — | 877 | 1,414 | — | — | 877 | 1,414 | 2,291 | 57 | 2005 | 10/17 | 30 | ||||||||||||||||||||
Houston, TX | — | 417 | 596 | — | — | 417 | 596 | 1,013 | 29 | 1972 | 10/17 | 25 | ||||||||||||||||||||
Lakeland, FL | — | 802 | 1,264 | — | — | 802 | 1,264 | 2,066 | 51 | 1998 | 10/17 | 30 | ||||||||||||||||||||
Las Vegas, NV | — | 1,845 | 4,999 | — | — | 1,845 | 4,999 | 6,844 | 242 | 1975 | 10/17 | 25 | ||||||||||||||||||||
Little Rock, AR | — | 463 | 1,342 | — | — | 463 | 1,342 | 1,805 | 65 | 1974 | 10/17 | 25 | ||||||||||||||||||||
Macon, GA | — | 275 | 731 | — | — | 275 | 731 | 1,006 | 29 | 1999 | 10/17 | 30 | ||||||||||||||||||||
Miami, FL | — | 3,041 | 1,469 | — | — | 3,041 | 1,469 | 4,510 | 71 | 1970 | 10/17 | 25 | ||||||||||||||||||||
Norcross, GA | — | 692 | 464 | — | — | 692 | 464 | 1,156 | 22 | 1969 | 10/17 | 25 | ||||||||||||||||||||
Oklahoma City, OK | — | 416 | 1,295 | — | — | 416 | 1,295 | 1,711 | 63 | 1983 | 10/17 | 25 | ||||||||||||||||||||
Orlando, FL | — | 707 | 2,318 | — | — | 707 | 2,318 | 3,025 | 93 | 1998 | 10/17 | 30 | ||||||||||||||||||||
Pensacola, FL | — | 180 | 851 | — | — | 180 | 851 | 1,031 | 34 | 1985 | 10/17 | 30 | ||||||||||||||||||||
Phoenix, AZ | — | 511 | 814 | — | — | 511 | 814 | 1,325 | 39 | 1976 | 10/17 | 25 | ||||||||||||||||||||
Raleigh, NC | — | 622 | 2,018 | — | — | 622 | 2,018 | 2,640 | 98 | 1965 | 10/17 | 25 | ||||||||||||||||||||
Richland, MS | — | 208 | 1,268 | — | — | 208 | 1,268 | 1,476 | 51 | 1996 | 10/17 | 30 | ||||||||||||||||||||
Riviera Beach, FL | — | 1,130 | 3,380 | — | — | 1,130 | 3,380 | 4,510 | 117 | 2007 | 10/17 | 35 | ||||||||||||||||||||
Roseville, CA | — | 1,233 | 5,544 | — | — | 1,233 | 5,544 | 6,777 | 223 | 2002 | 10/17 | 30 | ||||||||||||||||||||
San Diego, CA | — | 3,407 | 4,283 | — | — | 3,407 | 4,283 | 7,690 | 207 | 1977 | 10/17 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Sarasota, FL | — | 443 | 1,377 | — | — | 443 | 1,377 | 1,820 | 67 | 1959 | 10/17 | 25 | ||||||||||||||||||||
Savannah, GA | — | 426 | 758 | — | — | 426 | 758 | 1,184 | 31 | 1989 | 10/17 | 30 | ||||||||||||||||||||
Springdale, AR | — | 702 | 323 | — | — | 702 | 323 | 1,025 | 13 | 1996 | 10/17 | 30 | ||||||||||||||||||||
Springfield, MO | — | 199 | 1,078 | — | — | 199 | 1,078 | 1,277 | 52 | 1971 | 10/17 | 25 | ||||||||||||||||||||
Tampa, FL | — | 490 | 2,026 | — | — | 490 | 2,026 | 2,516 | 98 | 1966 | 10/17 | 25 | ||||||||||||||||||||
Texas City, TX | — | 539 | 700 | — | — | 539 | 700 | 1,239 | 34 | 1972 | 10/17 | 25 | ||||||||||||||||||||
Virginia Beach, VA | — | 463 | 1,398 | — | — | 463 | 1,398 | 1,861 | 56 | 1986 | 10/17 | 30 | ||||||||||||||||||||
West Sacramento, CA | — | 575 | 2,302 | — | — | 575 | 2,302 | 2,877 | 93 | 1987 | 10/17 | 30 | ||||||||||||||||||||
Kansas City, MO | — | 1,009 | 4,121 | — | — | 1,009 | 4,121 | 5,130 | 7 | 1962 | 12/18 | 25 | ||||||||||||||||||||
Hibbett Sports: | ||||||||||||||||||||||||||||||||
Sealy, TX | — | 208 | 230 | 282 | — | 208 | 512 | 720 | 123 | 1982 | 03/99 | (g) | 40 | |||||||||||||||||||
Hobby Lobby: | ||||||||||||||||||||||||||||||||
Beavercreek, OH | — | 1,837 | — | 3,790 | — | 1,926 | 3,701 | 5,627 | 281 | 2015 | 08/15 | (m) | 40 | |||||||||||||||||||
Hollywood Feed: | ||||||||||||||||||||||||||||||||
Ridgeland, MS | — | 343 | 411 | 411 | — | 343 | 821 | 1,164 | 183 | 1997 | 08/06 | 40 | ||||||||||||||||||||
Home Decor: | ||||||||||||||||||||||||||||||||
Memphis, TN | — | 549 | 540 | 364 | — | 549 | 904 | 1,453 | 436 | 1998 | 12/97 | 40 | ||||||||||||||||||||
Home Depot: | ||||||||||||||||||||||||||||||||
Sunrise, FL | — | 5,149 | — | — | — | 5,149 | (i) | 5,149 | (i) | (i) | 05/03 | (i) | ||||||||||||||||||||
HomeGoods: | ||||||||||||||||||||||||||||||||
Fairfax, VA | — | 523 | 756 | 1,585 | — | 971 | 2,341 | 3,312 | 1,070 | 1995 | 12/95 | 40 | ||||||||||||||||||||
Hometown Urgent Care: | ||||||||||||||||||||||||||||||||
Warren, OH | — | 562 | 468 | 100 | — | 562 | 568 | 1,130 | 222 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Hooters: | ||||||||||||||||||||||||||||||||
Tampa, FL | — | 784 | 505 | 450 | — | 784 | 955 | 1,739 | 268 | 1993 | 12/01 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Hudson Grille: | ||||||||||||||||||||||||||||||||
Alpharetta, GA | — | 3,033 | 1,642 | 209 | — | 3,033 | 1,851 | 4,884 | 709 | 1999 | 12/01 | 40 | ||||||||||||||||||||
Humana: | ||||||||||||||||||||||||||||||||
Sunrise, FL | — | 800 | 253 | — | — | 800 | 253 | 1,053 | 92 | 1984 | 05/04 | 40 | ||||||||||||||||||||
Hy-Vee: | ||||||||||||||||||||||||||||||||
St. Joseph, MO | — | 1,580 | 2,849 | — | — | 1,580 | 2,849 | 4,429 | 1,160 | 1991 | 09/02 | 40 | ||||||||||||||||||||
Insurance Auto Auctions: | ||||||||||||||||||||||||||||||||
New Orleans, LA | — | 1,445 | — | 4,123 | — | 1,445 | 3,987 | 5,432 | 703 | 1993 | 06/13 | (o) | 30 | |||||||||||||||||||
E Dundee, IL | — | 2,772 | — | 8,320 | — | 2,772 | 8,320 | 11,092 | 832 | 2014 | 01/14 | (m) | 40 | |||||||||||||||||||
Bergen, NY | — | 762 | — | 5,024 | — | 762 | 5,024 | 5,786 | 252 | 2016 | 08/15 | (m) | 40 | |||||||||||||||||||
Eminence, KY | — | 724 | 4,928 | — | — | 724 | 4,928 | 5,652 | 323 | 2015 | 09/16 | 35 | ||||||||||||||||||||
Meridian, ID | — | 1,076 | — | 4,048 | — | 1,076 | 4,048 | 5,124 | 246 | 2006 | 10/16 | (o) | 35 | |||||||||||||||||||
Flint, MI | — | 1,049 | — | 5,676 | — | 1,049 | 5,676 | 6,725 | 53 | 2018 | 10/16 | (m) | 40 | |||||||||||||||||||
Int'l House of Pancakes: | ||||||||||||||||||||||||||||||||
Midwest City, OK | — | 407 | — | — | — | 407 | (i) | 407 | (i) | (i) | 11/00 | (i) | ||||||||||||||||||||
Ankeny, IA | — | 693 | 515 | — | — | 693 | 515 | 1,208 | 232 | 2002 | 06/05 | 30 | ||||||||||||||||||||
ISD Renal: | ||||||||||||||||||||||||||||||||
Corpus Christi, TX | — | 406 | 4,036 | — | — | 406 | 4,036 | 4,442 | 947 | 1978 | 12/11 | 30 | ||||||||||||||||||||
Kendallville, IN | — | 66 | 2,748 | — | — | 66 | 2,748 | 2,814 | 553 | 2007 | 12/11 | 35 | ||||||||||||||||||||
Memphis, TN | — | 283 | 4,146 | — | — | 283 | 4,146 | 4,429 | 973 | 2001 | 12/11 | 30 | ||||||||||||||||||||
Memphis, TN | — | 180 | 3,223 | — | — | 180 | 3,223 | 3,403 | 757 | 2002 | 12/11 | 30 | ||||||||||||||||||||
J & J Insurance: | ||||||||||||||||||||||||||||||||
Hollywood, FL | — | 398 | 90 | 71 | — | 243 | 34 | 277 | 1 | 1960 | 12/05 | 15 | ||||||||||||||||||||
Jack in the Box: | ||||||||||||||||||||||||||||||||
Plano, TX | — | 1,055 | 1,237 | — | — | 1,055 | 1,237 | 2,292 | 419 | 2001 | 06/05 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Jack's: | ||||||||||||||||||||||||||||||||
Blounstville, AL | — | 435 | 1,543 | — | — | 435 | 1,543 | 1,978 | 165 | 1997 | 10/15 | 30 | ||||||||||||||||||||
Centre, AL | — | 128 | 2,648 | — | — | 128 | 2,648 | 2,776 | 243 | 2006 | 10/15 | 35 | ||||||||||||||||||||
Collinsville, AL | — | 119 | 1,968 | — | — | 119 | 1,968 | 2,087 | 253 | 1994 | 10/15 | 25 | ||||||||||||||||||||
Demopolis, AL | — | 208 | 1,514 | — | — | 208 | 1,514 | 1,722 | 139 | 2007 | 10/15 | 35 | ||||||||||||||||||||
Geraldine, AL | — | 119 | 2,125 | — | — | 119 | 2,125 | 2,244 | 227 | 1998 | 10/15 | 30 | ||||||||||||||||||||
Guin, AL | — | 89 | 1,652 | — | — | 89 | 1,652 | 1,741 | 177 | 1999 | 10/15 | 30 | ||||||||||||||||||||
Hanceville, AL | — | 544 | 1,779 | — | — | 544 | 1,779 | 2,323 | 190 | 2002 | 10/15 | 30 | ||||||||||||||||||||
Holly Pond, AL | — | 119 | 2,056 | — | — | 119 | 2,056 | 2,175 | 220 | 2000 | 10/15 | 30 | ||||||||||||||||||||
Jasper, AL | — | 247 | 2,549 | — | — | 247 | 2,549 | 2,796 | 327 | 1983 | 10/15 | 25 | ||||||||||||||||||||
Ohatchee, AL | — | 119 | 1,938 | — | — | 119 | 1,938 | 2,057 | 207 | 1995 | 10/15 | 30 | ||||||||||||||||||||
Scottsboro, AL | — | 247 | 1,494 | — | — | 247 | 1,494 | 1,741 | 137 | 2006 | 10/15 | 35 | ||||||||||||||||||||
Fyffe, AL | — | 95 | 1,657 | — | — | 95 | 1,657 | 1,752 | 150 | 2001 | 04/16 | 30 | ||||||||||||||||||||
Lafayette, AL | — | 209 | 1,989 | — | — | 209 | 1,989 | 2,198 | 215 | 1987 | 04/16 | 25 | ||||||||||||||||||||
Pinson, AL | — | 228 | 2,453 | — | — | 228 | 2,453 | 2,681 | 221 | 1994 | 04/16 | 30 | ||||||||||||||||||||
Jared Jewelers: | ||||||||||||||||||||||||||||||||
Phoenix, AZ | — | (l) | 1,242 | — | — | (l) | 310 | 310 | 41 | 1998 | 12/01 | 30 | ||||||||||||||||||||
Richmond, VA | — | 955 | 1,336 | — | — | 955 | 1,336 | 2,291 | 569 | 1998 | 12/01 | 40 | ||||||||||||||||||||
Brandon, FL | — | 1,197 | 1,182 | — | — | 1,197 | 1,182 | 2,379 | 492 | 2001 | 05/02 | 40 | ||||||||||||||||||||
Lithonia, GA | — | 1,271 | 1,216 | — | — | 1,271 | 1,216 | 2,487 | 506 | 2001 | 05/02 | 40 | ||||||||||||||||||||
Houston, TX | — | 1,676 | 1,440 | — | — | 1,676 | 1,440 | 3,116 | 577 | 1999 | 12/02 | 40 | ||||||||||||||||||||
Oviedo, FL | — | 1,328 | 1,500 | — | — | 1,328 | 868 | 2,196 | 95 | 1998 | 06/13 | 30 | ||||||||||||||||||||
JC Nails Salon: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 37 | 264 | — | — | 37 | 251 | 288 | 73 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Jiffi Stop: | ||||||||||||||||||||||||||||||||
Barry, IL | — | 48 | 1,194 | — | — | 48 | 1,194 | 1,242 | 105 | 1984 | 10/16 | 25 | ||||||||||||||||||||
Bowen, IL | — | 39 | 744 | — | — | 39 | 744 | 783 | 55 | 1999 | 10/16 | 30 | ||||||||||||||||||||
Carrollton, IL | — | 48 | 1,319 | — | — | 48 | 1,319 | 1,367 | 116 | 1986 | 10/16 | 25 | ||||||||||||||||||||
Griggsville, IL | — | 29 | 801 | — | — | 29 | 801 | 830 | 71 | 1983 | 10/16 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Jacksonville, IL | — | 854 | 4,251 | — | — | 854 | 4,251 | 5,105 | 268 | 2010 | 10/16 | 35 | ||||||||||||||||||||
Pittsfield, IL | — | 19 | 581 | — | — | 19 | 581 | 600 | 51 | 1947 | 10/16 | 25 | ||||||||||||||||||||
Pleasant Hill, IL | — | 87 | 753 | — | — | 87 | 753 | 840 | 67 | 1980 | 10/16 | 25 | ||||||||||||||||||||
Quincy, IL | — | 596 | 2,056 | — | — | 596 | 2,056 | 2,652 | 151 | 2003 | 10/16 | 30 | ||||||||||||||||||||
Quincy, IL | — | 58 | 676 | — | — | 58 | 676 | 734 | 60 | 1994 | 10/16 | 25 | ||||||||||||||||||||
Quincy, IL | — | 183 | 1,539 | — | — | 183 | 1,539 | 1,722 | 113 | 2002 | 10/16 | 30 | ||||||||||||||||||||
Springfield, IL | — | 231 | 1,625 | — | — | 231 | 1,625 | 1,856 | 120 | 1999 | 10/16 | 30 | ||||||||||||||||||||
Springfield, IL | — | 288 | 2,411 | — | — | 288 | 2,411 | 2,699 | 213 | 1992 | 10/16 | 25 | ||||||||||||||||||||
Springfield, IL | — | 518 | 3,782 | — | — | 518 | 3,782 | 4,300 | 334 | 1995 | 10/16 | 25 | ||||||||||||||||||||
Springfield, IL | — | 192 | 2,593 | — | — | 192 | 2,593 | 2,785 | 229 | 1993 | 10/16 | 25 | ||||||||||||||||||||
Taylor, MO | — | 39 | 945 | — | — | 39 | 945 | 984 | 83 | 1982 | 10/16 | 25 | ||||||||||||||||||||
Jiffy Lube: | ||||||||||||||||||||||||||||||||
Auburn, MA | — | 455 | 856 | — | — | 455 | 856 | 1,311 | 109 | 1988 | 07/14 | 35 | ||||||||||||||||||||
Ayer, MA | — | 326 | 792 | — | — | 326 | 792 | 1,118 | 118 | 1989 | 07/14 | 30 | ||||||||||||||||||||
Barrington, IL | — | 371 | 612 | — | — | 371 | 612 | 983 | 91 | 1986 | 07/14 | 30 | ||||||||||||||||||||
Berwyn, IL | — | 359 | 709 | — | — | 359 | 709 | 1,068 | 90 | 1985 | 07/14 | 35 | ||||||||||||||||||||
Bolingbrook, IL | — | 185 | 562 | — | — | 185 | 562 | 747 | 83 | 1986 | 07/14 | 30 | ||||||||||||||||||||
Burbank, IL | — | 156 | 418 | — | — | 156 | 418 | 574 | 93 | 1986 | 07/14 | 20 | ||||||||||||||||||||
Plattsburgh, NY | — | 127 | 421 | — | — | 127 | 421 | 548 | 75 | 1993 | 07/14 | 25 | ||||||||||||||||||||
Romeoville, IL | — | 158 | 557 | — | — | 158 | 557 | 715 | 83 | 1988 | 07/14 | 30 | ||||||||||||||||||||
Worcester, MA | — | 287 | 827 | — | — | 287 | 827 | 1,114 | 105 | 1988 | 07/14 | 35 | ||||||||||||||||||||
Jin's Asian Cafe: | ||||||||||||||||||||||||||||||||
Sealy, TX | — | 67 | 74 | 1 | — | 67 | 75 | 142 | 38 | 1982 | 03/99 | 40 | ||||||||||||||||||||
Jo-Ann etc: | ||||||||||||||||||||||||||||||||
Corpus Christi, TX | — | 818 | 896 | 71 | — | 818 | 967 | 1,785 | 583 | 1967 | 11/93 | 40 | ||||||||||||||||||||
St. Peters, MO | — | 1,741 | 5,406 | 1,233 | — | 1,741 | 6,639 | 8,380 | 2,101 | 2005 | 06/05 | (g) | 40 | |||||||||||||||||||
Joe Hudson's Collision Center: | ||||||||||||||||||||||||||||||||
Birmingham, AL | — | 469 | 2,081 | — | — | 469 | 2,081 | 2,550 | 24 | 1987 | 09/18 | 25 | ||||||||||||||||||||
Johnny Carino's: | ||||||||||||||||||||||||||||||||
Lubbock, TX | — | 1,007 | 1,206 | — | — | 1,007 | 1,206 | 2,213 | 514 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Just 4 Dogs Pet Salon: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 37 | 101 | 6 | — | 37 | 107 | 144 | 35 | 2001 | 02/04 | 40 | ||||||||||||||||||||
Kangaroo Express: | ||||||||||||||||||||||||||||||||
Carthage, NC | — | 485 | 354 | — | — | 485 | 354 | 839 | 109 | 1989 | 08/06 | 40 | ||||||||||||||||||||
Sanford, NC | — | 1,638 | 1,371 | — | — | 1,638 | 1,371 | 3,009 | 424 | 2003 | 08/06 | 40 | ||||||||||||||||||||
Sanford, NC | — | 666 | 661 | — | — | 666 | 661 | 1,327 | 204 | 2000 | 08/06 | 40 | ||||||||||||||||||||
Siler City, NC | — | 586 | 645 | — | — | 586 | 645 | 1,231 | 200 | 1998 | 08/06 | 40 | ||||||||||||||||||||
West End, NC | — | 426 | 516 | — | — | 397 | 516 | 913 | 160 | 1999 | 08/06 | 40 | ||||||||||||||||||||
Belleview, FL | — | 471 | 1,451 | — | — | 471 | 1,451 | 1,922 | 449 | 2006 | 08/06 | 40 | ||||||||||||||||||||
Jacksonville, FL | — | 683 | 1,362 | — | — | 683 | 1,362 | 2,045 | 421 | 1969 | 08/06 | 40 | ||||||||||||||||||||
Jacksonville, FL | — | 807 | 1,239 | — | — | 807 | 1,239 | 2,046 | 383 | 1975 | 08/06 | 40 | ||||||||||||||||||||
Destin, FL | — | 1,366 | 1,192 | — | — | 1,366 | 1,192 | 2,558 | 366 | 2000 | 09/06 | 40 | ||||||||||||||||||||
Niceville, FL | — | 1,434 | 1,124 | — | — | 1,434 | 1,124 | 2,558 | 345 | 2000 | 09/06 | 40 | ||||||||||||||||||||
Kill Devil Hills, NC | — | 490 | 741 | — | — | 490 | 741 | 1,231 | 226 | 1995 | 10/06 | 40 | ||||||||||||||||||||
Kill Devil Hills, NC | — | 679 | 552 | — | — | 679 | 552 | 1,231 | 169 | 1990 | 10/06 | 40 | ||||||||||||||||||||
Interlachen, FL | — | 519 | 1,500 | — | — | 519 | 1,500 | 2,019 | 405 | 2007 | 10/06 | 40 | ||||||||||||||||||||
Clarksville, TN | — | 521 | 710 | — | — | 521 | 710 | 1,231 | 214 | 1999 | 12/06 | 40 | ||||||||||||||||||||
Clarksville, TN | — | 276 | 955 | — | — | 276 | 955 | 1,231 | 287 | 1999 | 12/06 | 40 | ||||||||||||||||||||
Gallatin, TN (n) | — | 474 | 757 | — | — | 474 | 757 | 1,231 | 227 | 1999 | 12/06 | 40 | ||||||||||||||||||||
Midland City, AL | — | 729 | 2,538 | — | — | 729 | 2,538 | 3,267 | 764 | 2006 | 12/06 | 40 | ||||||||||||||||||||
Naples, FL | — | 3,195 | 1,403 | — | — | 2,985 | 1,403 | 4,388 | 422 | 2001 | 12/06 | 40 | ||||||||||||||||||||
Columbiana, AL | — | 771 | 989 | — | — | 771 | 989 | 1,760 | 296 | 1982 | 01/07 | 40 | ||||||||||||||||||||
Naples, FL | — | 3,162 | 1,597 | — | — | 3,162 | 1,597 | 4,759 | 474 | 1995 | 02/07 | 40 | ||||||||||||||||||||
Longs, SC | — | 745 | 758 | — | — | 745 | 758 | 1,503 | 223 | 2001 | 03/07 | 40 | ||||||||||||||||||||
Kentwood, LA | — | 985 | 891 | — | — | 985 | 891 | 1,876 | 263 | 2001 | 03/07 | 40 | ||||||||||||||||||||
Dothan, AL | — | 774 | 1,886 | — | — | 774 | 1,886 | 2,660 | 556 | 2007 | 03/07 | 40 | ||||||||||||||||||||
Naples, FL | — | 2,412 | 1,589 | — | — | 2,412 | 1,589 | 4,001 | 462 | 2000 | 05/07 | 40 | ||||||||||||||||||||
Cary, NC | — | 1,314 | 2,125 | — | — | 1,314 | 2,125 | 3,439 | 604 | 2007 | 08/07 | 40 | ||||||||||||||||||||
Havelock, NC | — | 170 | 681 | — | — | 170 | 681 | 851 | 101 | 1962 | 07/14 | 30 | ||||||||||||||||||||
Statesville, NC | — | 249 | 653 | — | — | 249 | 653 | 902 | 83 | 1960 | 07/14 | 35 | ||||||||||||||||||||
KARM Home Store: | ||||||||||||||||||||||||||||||||
Knoxville, TN | — | 467 | 735 | — | — | 467 | 735 | 1,202 | 367 | 1999 | 01/98 | (f) | 40 | |||||||||||||||||||
Kay Jeweler's: | ||||||||||||||||||||||||||||||||
Farmington, MO | — | 654 | — | 962 | — | 654 | 962 | 1,616 | 29 | 2017 | 07/17 | (m) | 40 | |||||||||||||||||||
Keg Steakhouse: | ||||||||||||||||||||||||||||||||
Lynnwood, WA | — | 1,256 | 649 | — | — | 1,256 | 649 | 1,905 | 277 | 1992 | 12/01 | 40 | ||||||||||||||||||||
KFC: | ||||||||||||||||||||||||||||||||
Fenton, MO | — | 307 | 496 | — | — | 307 | 496 | 803 | 400 | 1985 | 07/92 | 33 | ||||||||||||||||||||
Erie, PA | — | 517 | 496 | — | — | 517 | 496 | 1,013 | 211 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Marysville, WA | — | 647 | 546 | — | — | 647 | 546 | 1,193 | 232 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Evansville, IN | — | 370 | 767 | — | — | 370 | 767 | 1,137 | 242 | 2004 | 05/06 | 40 | ||||||||||||||||||||
Hampton, VA | — | 251 | 1,173 | — | — | 251 | 1,173 | 1,424 | 240 | 2001 | 11/12 | 30 | ||||||||||||||||||||
Mechanicsville, VA | — | 482 | 422 | — | — | 482 | 422 | 904 | 103 | 1989 | 11/12 | 25 | ||||||||||||||||||||
Newport News, VA | — | 582 | 392 | — | — | 582 | 392 | 974 | 96 | 1985 | 11/12 | 25 | ||||||||||||||||||||
Newport News, VA | — | 461 | 883 | — | — | 461 | 883 | 1,344 | 180 | 2001 | 11/12 | 30 | ||||||||||||||||||||
Newport News, VA | — | 572 | 442 | — | — | 572 | 442 | 1,014 | 108 | 1986 | 11/12 | 25 | ||||||||||||||||||||
Richmond, VA | — | 492 | 452 | — | — | 492 | 452 | 944 | 79 | 2003 | 11/12 | 35 | ||||||||||||||||||||
Richmond, VA | — | 532 | 472 | — | — | 532 | 472 | 1,004 | 116 | 1986 | 11/12 | 25 | ||||||||||||||||||||
Richmond, VA | — | 452 | 452 | — | — | 452 | 452 | 904 | 111 | 1984 | 11/12 | 25 | ||||||||||||||||||||
Richmond, VA | — | 481 | 1,253 | — | — | 481 | 1,253 | 1,734 | 307 | 1990 | 11/12 | 25 | ||||||||||||||||||||
Richmond, VA | — | 552 | 532 | — | — | 552 | 532 | 1,084 | 130 | 1984 | 11/12 | 25 | ||||||||||||||||||||
Virginia Beach, VA | — | 402 | 482 | — | — | 402 | 482 | 884 | 118 | 1984 | 11/12 | 25 | ||||||||||||||||||||
Ahoskie, NC | — | 393 | 1,012 | — | — | 393 | 1,012 | 1,405 | 204 | 1988 | 12/13 | 25 | ||||||||||||||||||||
Elizabeth City, NC | — | 197 | 1,209 | — | — | 197 | 1,209 | 1,406 | 244 | 1988 | 12/13 | 25 | ||||||||||||||||||||
Brownsville, TX | — | 334 | 865 | — | — | 334 | 865 | 1,199 | 172 | 1990 | 01/14 | 25 | ||||||||||||||||||||
Brownsville, TX | — | 404 | 374 | — | — | 404 | 374 | 778 | 53 | 2003 | 01/14 | 35 | ||||||||||||||||||||
Copperas Cove, TX | — | 256 | 747 | — | — | 256 | 747 | 1,003 | 124 | 2001 | 01/14 | 30 | ||||||||||||||||||||
Del Rio, TX | — | 453 | 246 | — | — | 453 | 246 | 699 | 41 | 1995 | 01/14 | 30 | ||||||||||||||||||||
Eagle Pass, TX | — | 226 | 1,071 | — | — | 226 | 1,071 | 1,297 | 212 | 1992 | 01/14 | 25 | ||||||||||||||||||||
Edinburg, TX | — | 452 | 1,237 | — | — | 452 | 1,237 | 1,689 | 204 | 1996 | 01/14 | 30 | ||||||||||||||||||||
Harker Heights, TX | — | 275 | 1,218 | — | — | 275 | 1,218 | 1,493 | 173 | 2008 | 01/14 | 35 | ||||||||||||||||||||
Harlingen, TX | — | 128 | 1,708 | — | — | 128 | 1,708 | 1,836 | 339 | 1992 | 01/14 | 25 | ||||||||||||||||||||
Jacksonville, TX | — | 69 | 562 | — | — | 69 | 562 | 631 | 111 | 1985 | 01/14 | 25 | ||||||||||||||||||||
Killeen, TX | — | 226 | 1,228 | — | — | 226 | 1,228 | 1,454 | 203 | 1993 | 01/14 | 30 | ||||||||||||||||||||
Laredo, TX | — | 265 | 1,580 | — | — | 265 | 1,580 | 1,845 | 261 | 1996 | 01/14 | 30 | ||||||||||||||||||||
Marshall, TX | — | 89 | 709 | — | — | 89 | 709 | 798 | 141 | 1985 | 01/14 | 25 | ||||||||||||||||||||
McAllen, TX | — | 491 | 1,051 | — | — | 491 | 1,051 | 1,542 | 208 | 1987 | 01/14 | 25 | ||||||||||||||||||||
Mission, TX | — | 137 | 1,404 | — | — | 137 | 1,404 | 1,541 | 232 | 1993 | 01/14 | 30 | ||||||||||||||||||||
Palestine, TX | — | 89 | 484 | — | — | 89 | 484 | 573 | 96 | 1996 | 01/14 | 25 | ||||||||||||||||||||
Pharr, TX | — | 167 | 581 | — | — | 167 | 581 | 748 | 96 | 1999 | 01/14 | 30 | ||||||||||||||||||||
Rio Grande City, TX | — | 256 | 394 | — | — | 256 | 394 | 650 | 56 | 2004 | 01/14 | 35 | ||||||||||||||||||||
S Padre Island, TX | — | 856 | 30 | — | — | 856 | 30 | 886 | 5 | 1994 | 01/14 | 30 | ||||||||||||||||||||
San Benito, TX | — | 177 | 503 | — | — | 177 | 503 | 680 | 83 | 1994 | 01/14 | 30 | ||||||||||||||||||||
Temple, TX | — | 246 | 1,188 | — | — | 246 | 1,188 | 1,434 | 236 | 1985 | 01/14 | 25 | ||||||||||||||||||||
Tyler, TX | — | 709 | 30 | — | — | 709 | 30 | 739 | 5 | 1994 | 01/14 | 30 | ||||||||||||||||||||
Waco, TX | — | 463 | 246 | — | — | 463 | 246 | 709 | 41 | 1993 | 01/14 | 30 | ||||||||||||||||||||
Waco, TX | — | 276 | 620 | — | — | 276 | 620 | 896 | 123 | 1984 | 01/14 | 25 | ||||||||||||||||||||
Weslaco, TX | — | 236 | 1,561 | — | — | 236 | 1,561 | 1,797 | 258 | 1995 | 01/14 | 30 | ||||||||||||||||||||
Belton, MO | — | 267 | 744 | — | — | 267 | 744 | 1,011 | 75 | 1987 | 06/15 | 35 | ||||||||||||||||||||
Cameron, MO | — | 229 | 1,143 | — | — | 229 | 1,143 | 1,372 | 135 | 1999 | 06/15 | 30 | ||||||||||||||||||||
Columbia, MO | — | 343 | 839 | — | — | 343 | 839 | 1,182 | 99 | 1987 | 06/15 | 30 | ||||||||||||||||||||
Excelsior Springs, MO | — | 286 | 1,219 | — | — | 286 | 1,219 | 1,505 | 173 | 1988 | 06/15 | 25 | ||||||||||||||||||||
Ft Pierce, FL | — | 591 | 695 | — | — | 591 | 695 | 1,286 | 82 | 2004 | 06/15 | 30 | ||||||||||||||||||||
Ft Pierce, FL | — | 363 | 487 | — | — | 363 | 487 | 850 | 57 | 1992 | 06/15 | 30 | ||||||||||||||||||||
Lake Wales, FL | — | 162 | 1,561 | — | — | 162 | 1,561 | 1,723 | 221 | 1986 | 06/15 | 25 | ||||||||||||||||||||
Oak Grove, MO | — | 209 | 1,323 | — | — | 209 | 1,323 | 1,532 | 156 | 2003 | 06/15 | 30 | ||||||||||||||||||||
Port St Lucie, FL | — | 695 | 857 | — | — | 695 | 857 | 1,552 | 101 | 1998 | 06/15 | 30 | ||||||||||||||||||||
Port St Lucie, FL | — | 723 | 1,740 | — | — | 723 | 1,740 | 2,463 | 176 | 2006 | 06/15 | 35 | ||||||||||||||||||||
Sebastian, FL | — | 409 | 1,123 | — | — | 409 | 1,123 | 1,532 | 133 | 2000 | 06/15 | 30 | ||||||||||||||||||||
Vero Beach, FL | — | 428 | 1,218 | — | — | 412 | 1,218 | 1,630 | 144 | 2004 | 06/15 | 30 | ||||||||||||||||||||
Lisle, IL | — | 499 | 1,314 | — | — | 499 | 1,314 | 1,813 | 144 | 2000 | 09/15 | 30 | ||||||||||||||||||||
Lockport, IL | — | 499 | 1,085 | — | — | 499 | 1,085 | 1,584 | 119 | 2007 | 09/15 | 30 | ||||||||||||||||||||
Sandwich, IL | — | 86 | 1,143 | — | — | 86 | 1,143 | 1,229 | 125 | 1999 | 09/15 | 30 | ||||||||||||||||||||
Yorkville, IL | — | 413 | 960 | — | — | 399 | 960 | 1,359 | 126 | 1972 | 09/15 | 25 | ||||||||||||||||||||
Chillicothe, OH | — | 327 | 1,818 | — | — | 327 | 1,818 | 2,145 | 3 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Circleville, OH | — | 375 | 1,885 | — | — | 375 | 1,885 | 2,260 | 2 | 2008 | 12/18 | 35 | ||||||||||||||||||||
Findlay, OH | — | 337 | 1,645 | — | — | 337 | 1,645 | 1,982 | 2 | 2007 | 12/18 | 30 | ||||||||||||||||||||
Florence, KY | — | 519 | 2,077 | — | — | 519 | 2,077 | 2,596 | 3 | 1985 | 12/18 | 25 | ||||||||||||||||||||
Hillsboro, OH | — | 87 | 2,077 | — | — | 87 | 2,077 | 2,164 | 3 | 1991 | 12/18 | 30 | ||||||||||||||||||||
Marysville, OH | — | 164 | 1,924 | — | — | 164 | 1,924 | 2,088 | 3 | 2007 | 12/18 | 30 | ||||||||||||||||||||
New Boston, OH | — | 96 | 2,183 | — | — | 96 | 2,183 | 2,279 | 3 | 1991 | 12/18 | 30 | ||||||||||||||||||||
Taylor Mill, KY | — | 269 | 1,645 | — | — | 269 | 1,645 | 1,914 | 2 | 1993 | 12/18 | 40 | ||||||||||||||||||||
Wilmington, OH | — | 48 | 1,877 | — | — | 48 | 1,877 | 1,925 | 3 | 1986 | 12/18 | 25 | ||||||||||||||||||||
Kohl's: | ||||||||||||||||||||||||||||||||
Florence, AL | — | 818 | 1,047 | — | — | 818 | 698 | 1,516 | 251 | 2006 | 06/04 | 40 | ||||||||||||||||||||
Kroger: | ||||||||||||||||||||||||||||||||
Elkhart, IN | — | 541 | 1,550 | 438 | — | 670 | 1,860 | 2,530 | 484 | 1979 | 07/14 | 15 | ||||||||||||||||||||
Kum & Go: | ||||||||||||||||||||||||||||||||
Omaha, NE | — | 393 | 214 | — | — | 393 | 214 | 607 | 145 | 1979 | 06/05 | 20 | ||||||||||||||||||||
Kwik Pik: | ||||||||||||||||||||||||||||||||
Bear Creek, PA | — | 191 | 230 | — | — | 191 | 230 | 421 | 154 | 1980 | 08/05 | 20 | ||||||||||||||||||||
Bradford, PA | — | 184 | 762 | — | — | 184 | 762 | 946 | 509 | 1983 | 08/05 | 20 | ||||||||||||||||||||
Coraopolis, PA | — | 476 | 347 | — | — | 476 | 347 | 823 | 232 | 1983 | 08/05 | 20 | ||||||||||||||||||||
Bear Creek Township, PA | — | 689 | 275 | — | — | 689 | 275 | 964 | 183 | 1980 | 09/05 | 20 | ||||||||||||||||||||
Beech Creek, PA | — | 477 | 613 | — | — | 477 | 613 | 1,090 | 198 | 1988 | 01/06 | 40 | ||||||||||||||||||||
Canisteo, NY | — | 142 | 485 | — | — | 142 | 485 | 627 | 157 | 1983 | 01/06 | 40 | ||||||||||||||||||||
Curwensville, PA | — | 226 | 608 | — | — | 226 | 608 | 834 | 197 | 1983 | 01/06 | 40 | ||||||||||||||||||||
Ellwood City, PA | — | 196 | 526 | — | — | 196 | 526 | 722 | 170 | 1987 | 01/06 | 40 | ||||||||||||||||||||
Hastings, PA | — | 199 | 455 | — | — | 199 | 455 | 654 | 148 | 1989 | 01/06 | 40 | ||||||||||||||||||||
Jersey Shore, PA | — | 515 | 381 | — | — | 515 | 381 | 896 | 124 | 1960 | 01/06 | 40 | ||||||||||||||||||||
Leeper, PA | — | 286 | 644 | — | — | 286 | 644 | 930 | 209 | 1987 | 01/06 | 40 | ||||||||||||||||||||
Lewisberry, PA | — | 412 | 534 | — | — | 412 | 534 | 946 | 173 | 1988 | 01/06 | 40 | ||||||||||||||||||||
Mercersburg, PA | — | 672 | 746 | — | — | 672 | 746 | 1,418 | 242 | 1988 | 01/06 | 40 | ||||||||||||||||||||
New Florence, PA | — | 298 | 812 | — | — | 298 | 812 | 1,110 | 263 | 1989 | 01/06 | 40 | ||||||||||||||||||||
Newstead, NY | — | 255 | 835 | — | — | 255 | 835 | 1,090 | 271 | 1990 | 01/06 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Philipsburg, PA | — | 428 | 269 | — | — | 428 | 269 | 697 | 87 | 1978 | 01/06 | 40 | ||||||||||||||||||||
Plainfield, PA | — | 244 | 383 | — | — | 244 | 383 | 627 | 124 | 1988 | 01/06 | 40 | ||||||||||||||||||||
Reynoldsville, PA | — | 113 | 328 | — | — | 113 | 328 | 441 | 106 | 1983 | 01/06 | 40 | ||||||||||||||||||||
Port Royal, PA | — | 238 | 635 | — | — | 238 | 635 | 873 | 396 | 1989 | 07/06 | 20 | ||||||||||||||||||||
LA Fitness: | ||||||||||||||||||||||||||||||||
Little Rock, AR | — | 3,113 | 2,660 | 4,125 | — | 3,113 | 6,785 | 9,898 | 1,985 | 1997 | 09/98 | 40 | ||||||||||||||||||||
Sarasota, FL | — | 471 | 1,344 | 4,450 | — | 471 | 5,794 | 6,265 | 1,425 | 1983 | 03/99 | (g) | 40 | |||||||||||||||||||
Centerville, OH | — | 2,700 | — | 8,572 | — | 2,700 | 8,572 | 11,272 | 2,045 | 2009 | 06/08 | (m) | 40 | |||||||||||||||||||
Warren, MI | — | 2,360 | — | 6,674 | — | 2,360 | 6,674 | 9,034 | 1,634 | 2009 | 07/08 | (m) | 40 | |||||||||||||||||||
Cincinnati, OH | — | 5,145 | — | 9,011 | — | 5,145 | 9,011 | 14,156 | 2,150 | 2009 | 08/08 | (m) | 40 | |||||||||||||||||||
Lawrence, IN | — | 1,599 | — | 5,867 | — | 1,762 | 5,870 | 7,632 | 1,229 | 2010 | 01/10 | (m) | 40 | |||||||||||||||||||
Laveen, AZ | — | 1,665 | — | 5,749 | — | 1,665 | 5,749 | 7,414 | 1,180 | 2010 | 02/10 | (m) | 40 | |||||||||||||||||||
Kennesaw, GA | — | 3,653 | — | 3,325 | — | 3,653 | 3,325 | 6,978 | 662 | 2011 | 07/10 | (m) | 40 | |||||||||||||||||||
Arlington, TX | — | 1,166 | 6,214 | — | — | 1,166 | 6,214 | 7,380 | 1,413 | 2007 | 01/11 | 35 | ||||||||||||||||||||
Hurst, TX | — | 1,494 | 6,187 | — | — | 1,494 | 6,187 | 7,681 | 1,318 | 2008 | 07/11 | 35 | ||||||||||||||||||||
South Plainfield, NJ | — | 2,415 | 6,592 | — | — | 2,415 | 6,592 | 9,007 | 1,232 | 2006 | 06/12 | 35 | ||||||||||||||||||||
McDonough, GA | — | 1,503 | 6,727 | — | — | 1,503 | 6,727 | 8,230 | 1,209 | 2008 | 09/12 | 35 | ||||||||||||||||||||
Greensburg, PA | — | 1,791 | 7,015 | — | — | 1,791 | 7,015 | 8,806 | 1,060 | 2012 | 12/12 | 40 | ||||||||||||||||||||
Indianapolis, IN | — | 1,651 | 6,585 | — | — | 1,651 | 6,585 | 8,236 | 995 | 2012 | 12/12 | 40 | ||||||||||||||||||||
Phoenix, AZ | — | 1,601 | 6,540 | — | — | 1,601 | 6,540 | 8,141 | 988 | 2012 | 12/12 | 40 | ||||||||||||||||||||
Tampa, FL | — | 4,492 | 10,894 | — | — | 4,486 | 10,894 | 15,380 | 1,645 | 2012 | 12/12 | 40 | ||||||||||||||||||||
West Dundee, IL | — | 1,961 | 6,525 | — | — | 1,961 | 6,525 | 8,486 | 985 | 2012 | 12/12 | 40 | ||||||||||||||||||||
Irving, TX | — | 3,636 | 7,326 | — | — | 3,636 | 7,326 | 10,962 | 1,177 | 2006 | 05/13 | 35 | ||||||||||||||||||||
Royal Oak, MI | — | 3,238 | 8,998 | — | — | 3,238 | 8,998 | 12,236 | 1,360 | 2010 | 09/13 | 35 | ||||||||||||||||||||
St. Louis Park, MN | — | 3,436 | 8,665 | — | — | 3,436 | 8,665 | 12,101 | 1,248 | 2009 | 12/13 | 35 | ||||||||||||||||||||
Pompano Beach, FL | — | 7,009 | — | 9,572 | — | 7,009 | 9,572 | 16,581 | 712 | 2015 | 12/14 | (m) | 40 | |||||||||||||||||||
San Antonio, TX | — | 2,084 | — | 7,157 | — | 2,081 | 7,157 | 9,238 | 514 | 2016 | 02/15 | (m) | 40 | |||||||||||||||||||
Antioch, CA | — | 2,521 | — | 8,510 | — | 2,521 | 8,510 | 11,031 | 594 | 2016 | 06/15 | (m) | 40 | |||||||||||||||||||
Plymouth, MI | — | 1,646 | — | 7,820 | — | 1,646 | 7,820 | 9,466 | 595 | 2015 | 06/15 | (m) | 40 | |||||||||||||||||||
Spanaway, WA | — | 846 | — | 7,331 | — | 846 | 7,331 | 8,177 | 527 | 2016 | 07/15 | (m) | 40 | |||||||||||||||||||
Round Rock, TX | — | 1,556 | — | 7,205 | — | 1,556 | 7,205 | 8,761 | 323 | 2017 | 04/16 | (m) | 40 | |||||||||||||||||||
Roswell, GA | — | 3,175 | — | 8,726 | — | 3,175 | 8,726 | 11,901 | 336 | 2017 | 10/16 | (m) | 40 | |||||||||||||||||||
Cordova, TN | — | 2,391 | — | 7,085 | — | 2,391 | 7,085 | 9,476 | 214 | 2017 | 12/16 | (m) | 40 | |||||||||||||||||||
Lakeland, FL | — | 1,856 | — | 7,004 | — | 1,856 | 7,004 | 8,860 | 182 | 2017 | 12/16 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Livonia, MI | — | 2,729 | — | 8,116 | — | 2,729 | 8,116 | 10,845 | 110 | 2018 | 08/17 | (m) | 40 | |||||||||||||||||||
LaPetite Academy: | ||||||||||||||||||||||||||||||||
Albuquerque, NM | — | 332 | 1,166 | — | — | 332 | 1,166 | 1,498 | 173 | 1989 | 07/14 | 30 | ||||||||||||||||||||
Ft. Worth, TX | — | 140 | 383 | — | — | 140 | 383 | 523 | 114 | 1981 | 07/14 | 15 | ||||||||||||||||||||
Moore, OK | — | 119 | 412 | — | — | 119 | 412 | 531 | 123 | 1982 | 07/14 | 15 | ||||||||||||||||||||
Oklahoma City, OK | — | 100 | 391 | — | — | 100 | 391 | 491 | 116 | 1982 | 07/14 | 15 | ||||||||||||||||||||
Last Stop West: | ||||||||||||||||||||||||||||||||
Azle, TX | — | 648 | 859 | — | — | 648 | 859 | 1,507 | 248 | 1970 | 06/07 | 40 | ||||||||||||||||||||
Life Time Fitness: | ||||||||||||||||||||||||||||||||
Mt. Laurel, NJ | — | 3,617 | 39,878 | — | — | 3,617 | 39,878 | 43,495 | 2,991 | 2015 | 05/16 | 35 | ||||||||||||||||||||
Framingham, MA | — | 8,860 | 37,806 | — | — | 8,860 | 37,806 | 46,666 | 2,087 | 2016 | 10/16 | 40 | ||||||||||||||||||||
Gaithersburg, MD | — | 8,344 | 45,286 | — | — | 8,344 | 45,286 | 53,630 | 2,500 | 2016 | 10/16 | 40 | ||||||||||||||||||||
Lil' Champ: | ||||||||||||||||||||||||||||||||
Gainesville, FL | — | 900 | — | 1,800 | — | 900 | 1,800 | 2,700 | 531 | 2006 | 07/05 | (m) | 40 | |||||||||||||||||||
Jacksonville, FL | — | 2,225 | 3,265 | — | — | 2,225 | 3,265 | 5,490 | 864 | 2006 | 08/05 | 40 | ||||||||||||||||||||
Ocala, FL | — | 846 | — | 1,564 | — | 846 | 1,564 | 2,410 | 451 | 2006 | 02/06 | (m) | 40 | |||||||||||||||||||
LoanMax: | ||||||||||||||||||||||||||||||||
Bridgeview, IL | — | 673 | 744 | — | — | 673 | 744 | 1,417 | 317 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Logan's Roadhouse: | ||||||||||||||||||||||||||||||||
Alexandria, LA | — | 1,218 | 3,049 | — | — | 1,218 | 3,049 | 4,267 | 924 | 1998 | 11/06 | 40 | ||||||||||||||||||||
Beckley, WV | — | 1,396 | 2,405 | — | — | 1,396 | 2,405 | 3,801 | 729 | 2006 | 11/06 | 40 | ||||||||||||||||||||
Cookeville, TN | — | 1,262 | 2,271 | — | — | 1,262 | 2,271 | 3,533 | 688 | 1997 | 11/06 | 40 | ||||||||||||||||||||
Greenwood, IN | — | 1,341 | 2,105 | — | — | 1,341 | 2,105 | 3,446 | 638 | 2000 | 11/06 | 40 | ||||||||||||||||||||
Hurst, TX | — | 1,858 | 1,916 | — | — | 1,858 | 1,916 | 3,774 | 581 | 1999 | 11/06 | 40 | ||||||||||||||||||||
Jackson, TN | — | 1,200 | 2,246 | — | — | 1,200 | 2,246 | 3,446 | 681 | 1994 | 11/06 | 40 | ||||||||||||||||||||
Lake Charles, LA | — | 1,285 | 2,202 | — | — | 1,285 | 2,202 | 3,487 | 668 | 1998 | 11/06 | 40 | ||||||||||||||||||||
McAllen, TX | — | 1,608 | 2,178 | — | — | 1,608 | 2,178 | 3,786 | 660 | 2005 | 11/06 | 40 | ||||||||||||||||||||
Roanoke, VA | — | 2,302 | 1,947 | — | — | 2,302 | 1,947 | 4,249 | 590 | 1998 | 11/06 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Smyrna, TN | — | 1,335 | 2,047 | — | — | 1,335 | 2,047 | 3,382 | 621 | 2002 | 11/06 | 40 | ||||||||||||||||||||
Southhaven, MS | — | 1,298 | 1,338 | — | — | 1,298 | 1,338 | 2,636 | 403 | 2005 | 12/06 | 40 | ||||||||||||||||||||
Columbus, MS | — | 707 | — | 1,681 | — | 707 | 1,681 | 2,388 | 310 | 2011 | 11/10 | (m) | 40 | |||||||||||||||||||
Nashville, TN | — | 844 | — | 1,592 | — | 844 | 1,592 | 2,436 | 284 | 2011 | 06/11 | (m) | 40 | |||||||||||||||||||
Marion, IL | — | 1,016 | — | 1,674 | — | 1,016 | 1,674 | 2,690 | 263 | 2012 | 03/12 | (m) | 40 | |||||||||||||||||||
Pooler, GA | — | 1,159 | — | 1,720 | — | 1,159 | 1,720 | 2,879 | 253 | 2013 | 03/12 | (m) | 40 | |||||||||||||||||||
Cullman, AL | — | 889 | — | 1,585 | — | 889 | 1,585 | 2,474 | 246 | 2012 | 04/12 | (m) | 40 | |||||||||||||||||||
Lebanon, TN | — | 789 | — | 1,725 | — | 789 | 1,725 | 2,514 | 260 | 2012 | 06/12 | (m) | 40 | |||||||||||||||||||
Chester, VA | — | 871 | — | 1,697 | — | 871 | 1,697 | 2,568 | 253 | 2013 | 07/12 | (m) | 40 | |||||||||||||||||||
Gonzales, LA | — | 975 | — | 1,696 | — | 975 | 1,696 | 2,671 | 246 | 2013 | 10/12 | (m) | 40 | |||||||||||||||||||
Madison, AL | — | 689 | — | 1,657 | — | 689 | 1,657 | 2,346 | 233 | 2013 | 11/12 | (m) | 40 | |||||||||||||||||||
Hopkinsville, KY | — | 644 | — | 1,788 | — | 644 | 1,788 | 2,432 | 210 | 2014 | 09/13 | (m) | 40 | |||||||||||||||||||
Muscle Shoals, AL | — | 907 | — | 1,506 | — | 907 | 1,506 | 2,413 | 152 | 2014 | 06/14 | (m) | 40 | |||||||||||||||||||
Lowe's: | ||||||||||||||||||||||||||||||||
Memphis, TN | — | 3,215 | 9,170 | 120 | — | 3,311 | 9,194 | 12,505 | 3,807 | 2001 | 06/02 | 40 | ||||||||||||||||||||
Magic China Café: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 40 | 111 | — | — | 40 | 111 | 151 | 42 | 2001 | 02/04 | 40 | ||||||||||||||||||||
Magic Mountain: | ||||||||||||||||||||||||||||||||
Columbus, OH | — | 5,380 | 2,693 | 25 | — | 5,380 | 2,718 | 8,098 | 782 | 1990 | 06/07 | 40 | ||||||||||||||||||||
Columbus, OH | — | 2,076 | 1,906 | 124 | — | 2,076 | 2,030 | 4,106 | 572 | 1990 | 06/07 | 40 | ||||||||||||||||||||
Main Event: | ||||||||||||||||||||||||||||||||
Oklahoma City, OK | — | 2,004 | 8,711 | — | — | 2,004 | 8,711 | 10,715 | 771 | 2014 | 06/15 | 40 | ||||||||||||||||||||
San Antonio, TX | — | 2,115 | 10,080 | — | — | 2,115 | 10,080 | 12,195 | 1,020 | 2014 | 06/15 | 35 | ||||||||||||||||||||
Tulsa, OK | — | 1,542 | 7,748 | — | — | 1,542 | 7,748 | 9,290 | 686 | 2015 | 06/15 | 40 | ||||||||||||||||||||
Fort Worth, TX | — | 2,538 | — | 6,623 | — | 2,538 | 6,622 | 9,160 | 476 | 2016 | 12/15 | (m) | 40 | |||||||||||||||||||
Louisville, KY | — | 2,504 | — | 6,375 | — | 2,504 | 6,375 | 8,879 | 445 | 2016 | 12/15 | (m) | 40 | |||||||||||||||||||
Independence, MO | — | 1,794 | 7,650 | — | — | 1,794 | 7,650 | 9,444 | 582 | 2015 | 12/15 | 40 | ||||||||||||||||||||
Memphis, TN | — | 1,263 | 6,825 | — | — | 1,263 | 6,825 | 8,088 | 519 | 2015 | 12/15 | 40 | ||||||||||||||||||||
Olathe, KS | — | 3,174 | — | 6,704 | — | 3,174 | 6,704 | 9,878 | 370 | 2016 | 02/16 | (m) | 40 | |||||||||||||||||||
West Chester, OH | — | 2,767 | — | 6,414 | — | 2,767 | 6,414 | 9,181 | 421 | 2016 | 02/16 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Hoffman Estates, IL | — | 1,730 | — | 8,022 | — | 1,730 | 8,022 | 9,752 | 476 | 2016 | 06/16 | (m) | 40 | |||||||||||||||||||
Suwanee, GA | — | 1,787 | — | 6,736 | — | 1,787 | 6,736 | 8,523 | 344 | 2016 | 06/16 | (m) | 40 | |||||||||||||||||||
Albuquerque, NM | — | 2,531 | — | 6,889 | — | 2,531 | 6,889 | 9,420 | 438 | 2016 | 06/16 | (m) | 40 | |||||||||||||||||||
Humble, TX | — | 2,669 | — | 5,916 | — | 2,669 | 5,916 | 8,585 | 240 | 2017 | 10/16 | (m) | 40 | |||||||||||||||||||
Kansas City, MO | — | 3,519 | — | 5,442 | — | 3,519 | 5,442 | 8,961 | 221 | 2017 | 10/16 | (m) | 40 | |||||||||||||||||||
Knoxville, TN | — | 3,225 | — | 6,546 | — | 3,225 | 6,546 | 9,771 | 239 | 2017 | 12/16 | (m) | 40 | |||||||||||||||||||
Gilbert, AZ | — | 2,348 | — | 6,281 | — | 2,348 | 6,281 | 8,629 | 255 | 2017 | 02/17 | (m) | 40 | |||||||||||||||||||
Highlands Ranch, CO | — | 3,297 | — | 7,670 | — | 3,297 | 7,670 | 10,967 | 24 | 2018 | 07/17 | (m) | (k) | |||||||||||||||||||
Avon, OH | — | 2,760 | — | 6,981 | — | 2,760 | 6,981 | 9,741 | 95 | 2018 | 07/17 | (m) | (k) | |||||||||||||||||||
Mattress Firm: | ||||||||||||||||||||||||||||||||
Buford, GA | — | 635 | 1,635 | 465 | — | 635 | 2,100 | 2,735 | 679 | 2003 | 07/04 | (g) | 40 | |||||||||||||||||||
Lancaster, OH | — | 600 | — | 793 | — | 600 | 671 | 1,271 | 120 | 2012 | 01/08 | (g) | 40 | |||||||||||||||||||
Plainfield, IN | — | 379 | — | 1,267 | — | 379 | 1,267 | 1,646 | 139 | 2014 | 01/14 | (m) | 40 | |||||||||||||||||||
Fayetteville, AR | — | 891 | 2,229 | — | — | 891 | 2,229 | 3,120 | 362 | 1998 | 02/14 | 30 | ||||||||||||||||||||
Pocatello, ID | — | 268 | — | 1,505 | — | 268 | 1,505 | 1,773 | 152 | 2014 | 09/14 | (m) | 40 | |||||||||||||||||||
South Jordan, UT | — | 719 | — | 1,572 | — | 716 | 1,572 | 2,288 | 149 | 2015 | 11/14 | (m) | 40 | |||||||||||||||||||
Kentwood, MI | — | 593 | 1,531 | — | — | 593 | 1,531 | 2,124 | 142 | 2015 | 04/15 | 40 | ||||||||||||||||||||
Muncie, IN | — | 288 | 1,537 | — | — | 288 | 1,537 | 1,825 | 163 | 2015 | 04/15 | 35 | ||||||||||||||||||||
Sandusky, OH | — | 518 | 1,409 | — | — | 518 | 1,409 | 1,927 | 125 | 2015 | 06/15 | 40 | ||||||||||||||||||||
Fort Collins, CO | — | 757 | — | 1,301 | — | 757 | 1,301 | 2,058 | 102 | 2015 | 07/15 | (m) | 40 | |||||||||||||||||||
Wooster, OH | — | 332 | 1,334 | — | — | 332 | 1,334 | 1,666 | 76 | 2016 | 09/16 | 40 | ||||||||||||||||||||
Mavis Tire Supply (Auto Spot): | ||||||||||||||||||||||||||||||||
Jacksonville, FL | — | 641 | 1,356 | — | — | 641 | 1,356 | 1,997 | 36 | 2003 | 03/18 | 30 | ||||||||||||||||||||
Jacksonville, FL | — | 678 | 1,539 | — | — | 678 | 1,539 | 2,217 | 35 | 2012 | 03/18 | 35 | ||||||||||||||||||||
Mavis Tire Supply (DeKalb Tire): | ||||||||||||||||||||||||||||||||
Cumming, GA | — | 587 | 1,422 | — | — | 587 | 1,422 | 2,009 | 26 | 2002 | 06/18 | 30 | ||||||||||||||||||||
Mavis Tire Supply (Kauffman Tire): | ||||||||||||||||||||||||||||||||
Alpharetta, GA | — | 679 | 1,119 | — | — | 679 | 1,119 | 1,798 | 36 | 2007 | 01/18 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Alpharetta, GA | — | 513 | 1,714 | — | — | 513 | 1,714 | 2,227 | 55 | 1998 | 01/18 | 30 | ||||||||||||||||||||
Alpharetta, GA | — | 707 | 872 | — | — | 707 | 872 | 1,579 | 28 | 1998 | 01/18 | 30 | ||||||||||||||||||||
Athens, GA | — | 807 | 1,009 | — | — | 807 | 1,009 | 1,816 | 28 | 2014 | 01/18 | 35 | ||||||||||||||||||||
Bradenton, FL | — | 696 | 2,409 | — | — | 696 | 2,409 | 3,105 | 77 | 2011 | 01/18 | 30 | ||||||||||||||||||||
Covington, GA | — | 587 | 1,615 | — | — | 587 | 1,615 | 2,202 | 52 | 2011 | 01/18 | 30 | ||||||||||||||||||||
Cumming, GA | — | 696 | 2,445 | — | — | 696 | 2,445 | 3,141 | 78 | 1998 | 01/18 | 30 | ||||||||||||||||||||
Douglasville, GA | — | 458 | 2,226 | — | — | 458 | 2,226 | 2,684 | 71 | 2002 | 01/18 | 30 | ||||||||||||||||||||
Hiram, GA | — | 696 | 2,317 | — | — | 696 | 2,317 | 3,013 | 63 | 2012 | 01/18 | 35 | ||||||||||||||||||||
Kennesaw, GA | — | 1,027 | 1,953 | — | — | 1,027 | 1,953 | 2,980 | 62 | 2010 | 01/18 | 30 | ||||||||||||||||||||
Lawrenceville, GA | — | 724 | 1,668 | — | — | 724 | 1,668 | 2,392 | 53 | 2002 | 01/18 | 30 | ||||||||||||||||||||
Lawrenceville, GA | — | 404 | 2,073 | — | — | 404 | 2,073 | 2,477 | 79 | 1995 | 01/18 | 25 | ||||||||||||||||||||
Lilburn, GA | — | 642 | 1,329 | — | — | 642 | 1,329 | 1,971 | 42 | 2010 | 01/18 | 30 | ||||||||||||||||||||
Loganville, GA | — | 623 | 1,668 | — | — | 623 | 1,668 | 2,291 | 53 | 2006 | 01/18 | 30 | ||||||||||||||||||||
Marietta, GA | — | 596 | 1,018 | — | — | 596 | 1,018 | 1,614 | 33 | 2006 | 01/18 | 30 | ||||||||||||||||||||
McDonough, GA | — | 743 | 1,128 | — | — | 743 | 1,128 | 1,871 | 36 | 2007 | 01/18 | 30 | ||||||||||||||||||||
New Port Richey, FL | — | 404 | 2,339 | — | — | 404 | 2,339 | 2,743 | 75 | 2005 | 01/18 | 30 | ||||||||||||||||||||
Stockbridge, GA | — | 587 | 1,549 | — | — | 587 | 1,549 | 2,136 | 49 | 2007 | 01/18 | 30 | ||||||||||||||||||||
Valdosta, GA | — | 395 | 1,643 | — | — | 395 | 1,643 | 2,038 | 45 | 2014 | 01/18 | 35 | ||||||||||||||||||||
Brunswick, GA | — | 725 | 2,109 | — | — | 725 | 2,109 | 2,834 | 33 | 2017 | 06/18 | 35 | ||||||||||||||||||||
Canton, GA | — | 358 | 2,293 | — | — | 358 | 2,293 | 2,651 | 41 | 2012 | 06/18 | 30 | ||||||||||||||||||||
Columbus, GA | — | 871 | 1,972 | — | — | 871 | 1,972 | 2,843 | 31 | 2016 | 06/18 | 35 | ||||||||||||||||||||
Cordele, GA | — | 486 | 1,762 | — | — | 486 | 1,762 | 2,248 | 27 | 2014 | 06/18 | 35 | ||||||||||||||||||||
Mavis Tire Supply (Mavis Discount Tire): | ||||||||||||||||||||||||||||||||
N. Plainfield, NJ | — | 746 | 1,548 | — | — | 746 | 1,548 | 2,294 | 65 | 1974 | 12/17 | 25 | ||||||||||||||||||||
Raritan, NJ | — | 703 | 983 | — | — | 703 | 983 | 1,686 | 41 | 1965 | 12/17 | 25 | ||||||||||||||||||||
Coram, NY | — | 220 | — | 1,161 | — | 220 | 1,161 | 1,381 | 1 | 1984 | 07/18 | (o) | (k) | |||||||||||||||||||
Clearwater, FL | — | 175 | 849 | — | — | 175 | 849 | 1,024 | 4 | 1973 | 11/18 | 25 | ||||||||||||||||||||
Mavis Tire Supply (Sun Tire): | ||||||||||||||||||||||||||||||||
Jacksonville, FL | — | 339 | 1,449 | — | — | 339 | 1,449 | 1,788 | 46 | 1983 | 03/18 | 25 | ||||||||||||||||||||
Jacksonville, FL | — | 367 | 1,174 | — | — | 367 | 1,174 | 1,541 | 31 | 1995 | 03/18 | 30 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Jacksonville, FL | — | 239 | 982 | — | — | 239 | 982 | 1,221 | 31 | 1985 | 03/18 | 25 | ||||||||||||||||||||
Jacksonville, FL | — | 276 | 1,139 | — | — | 276 | 1,139 | 1,415 | 36 | 1977 | 03/18 | 25 | ||||||||||||||||||||
Jacksonville, FL | — | 450 | 772 | — | — | 450 | 772 | 1,222 | 24 | 1987 | 03/18 | 25 | ||||||||||||||||||||
Jacksonville, FL | — | 697 | 1,403 | — | — | 697 | 1,403 | 2,100 | 32 | 2012 | 03/18 | 35 | ||||||||||||||||||||
Middleburg, FL | — | 661 | 752 | — | — | 661 | 752 | 1,413 | 20 | 2003 | 03/18 | 30 | ||||||||||||||||||||
Orange Park, FL | — | 395 | 827 | — | — | 395 | 827 | 1,222 | 22 | 1990 | 03/18 | 30 | ||||||||||||||||||||
Orange Park, FL | — | 294 | 1,340 | — | — | 294 | 1,340 | 1,634 | 42 | 1981 | 03/18 | 25 | ||||||||||||||||||||
Tallahassee, FL | — | 294 | 1,340 | — | — | 294 | 1,340 | 1,634 | 42 | 1989 | 03/18 | 25 | ||||||||||||||||||||
Tallahassee, FL | — | 220 | 1,412 | — | — | 220 | 1,412 | 1,632 | 37 | 1997 | 03/18 | 30 | ||||||||||||||||||||
MedExpress Urgent Care: | ||||||||||||||||||||||||||||||||
Fairmont, WV | — | 245 | 1,859 | — | — | 245 | 1,859 | 2,104 | 352 | 2011 | 05/12 | 35 | ||||||||||||||||||||
Hanover, PA | — | 533 | 1,521 | — | — | 533 | 1,521 | 2,054 | 288 | 2011 | 05/12 | 35 | ||||||||||||||||||||
Hermitage, PA | — | 445 | 2,108 | — | — | 445 | 2,108 | 2,553 | 399 | 2011 | 05/12 | 35 | ||||||||||||||||||||
Latrobe, PA | — | 681 | 1,511 | — | — | 681 | 1,511 | 2,192 | 286 | 2011 | 05/12 | 35 | ||||||||||||||||||||
Mt. Pleasant, PA | — | 593 | 1,482 | — | — | 593 | 1,482 | 2,075 | 280 | 2011 | 05/12 | 35 | ||||||||||||||||||||
Pittsburgh, PA | — | 227 | 1,936 | — | — | 227 | 1,936 | 2,163 | 427 | 1970 | 05/12 | 30 | ||||||||||||||||||||
Martinsburg, WV | — | 917 | — | 650 | — | 917 | 650 | 1,567 | 86 | 2013 | 12/12 | (m) | 40 | |||||||||||||||||||
Wheeling, WV | — | 485 | 1,232 | — | — | 485 | 1,232 | 1,717 | 238 | 1989 | 03/13 | 30 | ||||||||||||||||||||
Huntington, WV | — | 990 | — | 735 | — | 1,017 | 735 | 1,752 | 96 | 2013 | 08/13 | (m) | 40 | |||||||||||||||||||
Anderson, IN | — | 777 | — | 661 | — | 777 | 661 | 1,438 | 83 | 2013 | 08/13 | (m) | 40 | |||||||||||||||||||
Terre Haute, IN | — | 144 | 1,616 | — | — | 144 | 1,616 | 1,760 | 289 | 1991 | 08/13 | 30 | ||||||||||||||||||||
Benton, AR | — | 376 | 1,125 | — | — | 376 | 1,125 | 1,501 | 97 | 2015 | 07/15 | 40 | ||||||||||||||||||||
Connellsville, PA | — | 162 | 1,172 | — | — | 162 | 1,172 | 1,334 | 101 | 2015 | 07/15 | 40 | ||||||||||||||||||||
Rogers, AR | — | 435 | 1,168 | — | — | 435 | 1,168 | 1,603 | 101 | 2015 | 07/15 | 40 | ||||||||||||||||||||
Russellville, AR | — | 247 | 1,098 | — | — | 247 | 1,098 | 1,345 | 108 | 2015 | 07/15 | 35 | ||||||||||||||||||||
Hot Springs, AR | — | 440 | 1,155 | — | — | 440 | 1,155 | 1,595 | 97 | 2015 | 08/15 | 40 | ||||||||||||||||||||
Salina, KS | — | 321 | 1,315 | — | — | 321 | 1,315 | 1,636 | 124 | 1999 | 09/15 | 35 | ||||||||||||||||||||
Lehigh Acres, FL | — | 459 | — | 2,151 | — | 459 | 2,151 | 2,610 | 247 | 2016 | 10/15 | (m) | 25 | |||||||||||||||||||
North Little Rock, AR | — | 489 | 1,137 | — | — | 489 | 1,137 | 1,626 | 84 | 2015 | 01/16 | 40 | ||||||||||||||||||||
Little Rock, AR | — | 858 | 1,806 | — | — | 858 | 1,806 | 2,664 | 134 | 2016 | 01/16 | 40 | ||||||||||||||||||||
Swansea, IL | — | 236 | 1,292 | — | — | 236 | 1,292 | 1,528 | 109 | 1997 | 06/16 | 30 | ||||||||||||||||||||
Derby, KS | — | 442 | — | — | — | 442 | (i) | 442 | (i) | (i) | 07/16 | (i) | ||||||||||||||||||||
Alton, IL | — | 376 | 1,397 | — | — | 376 | 1,397 | 1,773 | 86 | 2016 | 07/16 | 40 | ||||||||||||||||||||
Pine Bluff, AR | — | 478 | — | — | — | 478 | (i) | 478 | (i) | (i) | 07/16 | (i) | ||||||||||||||||||||
Collinsville, IL | — | 304 | — | — | — | 304 | (i) | 304 | (i) | (i) | 08/16 | (i) | ||||||||||||||||||||
Wichita, KS | — | 482 | — | — | — | 482 | (i) | 482 | (i) | (i) | 08/16 | (i) | ||||||||||||||||||||
Wichita, KS | — | 213 | — | — | — | 213 | (i) | 213 | (i) | (i) | 08/16 | (i) | ||||||||||||||||||||
Quakertown, PA | — | 658 | — | — | — | 658 | (i) | 658 | (i) | (i) | 08/16 | (i) | ||||||||||||||||||||
Fort Myers, FL | — | 1,522 | — | — | — | 1,522 | (i) | 1,522 | (i) | (i) | 09/16 | (i) | ||||||||||||||||||||
Grand Rapids, MI | — | 435 | — | — | — | 435 | (i) | 435 | (i) | (i) | 10/16 | (i) | ||||||||||||||||||||
Naples, FL | — | 689 | — | — | — | 689 | (i) | 689 | (i) | (i) | 10/16 | (i) | ||||||||||||||||||||
Duluth, MN | — | 535 | — | — | — | 535 | (i) | 535 | (i) | (i) | 12/16 | (i) | ||||||||||||||||||||
Hadley, MA | — | 866 | — | — | — | 866 | (i) | 866 | (i) | (i) | 05/17 | (i) | ||||||||||||||||||||
Richmond, VA | — | 734 | — | — | — | 734 | (i) | 734 | (i) | (i) | 05/17 | (i) | ||||||||||||||||||||
Bemidji, MN | — | 475 | — | — | — | 475 | (i) | 475 | (i) | (i) | 06/17 | (i) | ||||||||||||||||||||
Hagerstown, MD | — | 850 | — | — | — | 850 | (i) | 850 | (i) | (i) | 07/17 | (i) | ||||||||||||||||||||
Rochester, MN | — | 751 | — | — | — | 751 | (i) | 751 | (i) | (i) | 08/17 | (i) | ||||||||||||||||||||
Jenison, MI | — | 271 | — | — | — | 271 | (i) | 271 | (i) | (i) | 08/17 | (i) | ||||||||||||||||||||
Michaels: | ||||||||||||||||||||||||||||||||
Fairfax, VA | — | 534 | 773 | 1,369 | — | 992 | 2,141 | 3,133 | 995 | 1995 | 12/95 | 40 | ||||||||||||||||||||
Altamonte Springs, FL | — | 1,947 | 3,267 | 1,198 | — | 1,947 | 3,370 | 5,317 | 936 | 1997 | 09/97 | 26 | ||||||||||||||||||||
Plymouth Meeting, PA | — | 2,911 | 2,595 | 150 | — | 2,911 | 2,744 | 5,655 | 1,239 | 1999 | 10/98 | (g) | 40 | |||||||||||||||||||
Florissant, MO | — | 523 | 617 | 1,784 | — | 524 | 2,399 | 2,923 | 593 | 1996 | 04/03 | (g) | 40 | |||||||||||||||||||
Miller's Ale House: | ||||||||||||||||||||||||||||||||
Franklin, TN | — | 2,519 | 1,705 | — | — | 2,519 | 1,705 | 4,224 | 513 | 1995 | 12/06 | 40 | ||||||||||||||||||||
Pensacola, FL | — | 1,363 | 1,842 | — | — | 1,363 | 1,842 | 3,205 | 406 | 2008 | 04/11 | 35 | ||||||||||||||||||||
Oviedo, FL | — | 113 | — | 3,785 | — | 113 | 3,785 | 3,898 | 588 | 2012 | 10/11 | (m) | 40 | |||||||||||||||||||
Norridge, IL | — | 2,482 | — | — | — | 2,482 | (i) | 2,482 | (i) | (i) | 05/18 | (i) | ||||||||||||||||||||
Mimi's: | ||||||||||||||||||||||||||||||||
Tampa, FL | — | 688 | 2,357 | — | — | 688 | 2,357 | 3,045 | 383 | 2003 | 02/14 | 30 | ||||||||||||||||||||
Mister Car Wash: | ||||||||||||||||||||||||||||||||
Anoka, MN | — | 212 | 214 | — | — | 212 | 214 | 426 | 167 | 1968 | 04/07 | 15 | ||||||||||||||||||||
Brooklyn Park, MN | — | 438 | 778 | — | — | 438 | 778 | 1,216 | 364 | 1985 | 04/07 | 25 | ||||||||||||||||||||
Cedar Rapids, IA | — | 391 | 816 | — | — | 391 | 816 | 1,207 | 382 | 1989 | 04/07 | 25 | ||||||||||||||||||||
Clive, IA | — | 1,141 | 935 | — | — | 1,141 | 935 | 2,076 | 547 | 1983 | 04/07 | 20 | ||||||||||||||||||||
Cottage Grove, MN | — | 274 | 485 | — | — | 274 | 485 | 759 | 227 | 1992 | 04/07 | 25 | ||||||||||||||||||||
Des Moines, IA | — | 249 | 596 | — | — | 249 | 596 | 845 | 232 | 1990 | 04/07 | 30 | ||||||||||||||||||||
Des Moines, IA | — | 213 | 476 | — | — | 182 | 476 | 658 | 279 | 1964 | 04/07 | 20 | ||||||||||||||||||||
Eden Prairie, MN | — | 865 | 751 | — | — | 865 | 751 | 1,616 | 440 | 1984 | 04/07 | 20 | ||||||||||||||||||||
Edina, MN | — | 894 | 687 | — | — | 894 | 687 | 1,581 | 402 | 1985 | 04/07 | 20 | ||||||||||||||||||||
Houston, TX | — | 5,126 | 1,267 | — | — | 5,126 | 1,267 | 6,393 | 424 | 1995 | 04/07 | 35 | ||||||||||||||||||||
Houston, TX | — | 3,193 | 1,305 | — | — | 3,193 | 1,305 | 4,498 | 437 | 1995 | 04/07 | 35 | ||||||||||||||||||||
Houston, TX | — | 2,260 | 1,806 | — | — | 2,260 | 1,806 | 4,066 | 846 | 1975 | 04/07 | 25 | ||||||||||||||||||||
Houston, TX | — | 1,846 | 1,592 | — | — | 1,846 | 1,592 | 3,438 | 746 | 1983 | 04/07 | 25 | ||||||||||||||||||||
Houston, TX | — | 796 | 678 | — | — | 796 | 678 | 1,474 | 318 | 1986 | 04/07 | 25 | ||||||||||||||||||||
Houston, TX | — | 624 | 1,108 | — | — | 624 | 1,108 | 1,732 | 432 | 1988 | 04/07 | 30 | ||||||||||||||||||||
Houston, TX | — | 1,347 | 1,702 | — | — | 1,347 | 1,702 | 3,049 | 664 | 1984 | 04/07 | 30 | ||||||||||||||||||||
Houston, TX | — | 1,960 | 1,145 | — | — | 1,960 | 1,145 | 3,105 | 536 | 1983 | 04/07 | 25 | ||||||||||||||||||||
Houston, TX | — | 288 | 466 | — | — | 288 | 466 | 754 | 364 | 1970 | 04/07 | 15 | ||||||||||||||||||||
Humble, TX | — | 1,204 | 1,517 | — | — | 1,204 | 1,517 | 2,721 | 507 | 1993 | 04/07 | 35 | ||||||||||||||||||||
Plymouth, MN | — | 827 | 182 | — | — | 767 | 182 | 949 | 182 | 1955 | 04/07 | 10 | ||||||||||||||||||||
Roseville, MN | — | 861 | 564 | — | — | 861 | 564 | 1,425 | 330 | 1963 | 04/07 | 20 | ||||||||||||||||||||
Spokane, WA | — | 214 | 580 | — | — | 214 | 580 | 794 | 226 | 1990 | 04/07 | 30 | ||||||||||||||||||||
Spokane, WA | — | 1,253 | 1,146 | — | — | 1,253 | 1,146 | 2,399 | 383 | 1997 | 04/07 | 35 | ||||||||||||||||||||
St. Cloud, MN (n) | — | 243 | 391 | — | — | 242 | 391 | 633 | 229 | 1986 | 04/07 | 20 | ||||||||||||||||||||
Sugarland, TX | — | 3,789 | 1,972 | — | — | 3,789 | 1,972 | 5,761 | 660 | 1995 | 04/07 | 35 | ||||||||||||||||||||
West St Paul, MN | — | 836 | 236 | — | — | 794 | 236 | 1,030 | 138 | 1972 | 04/07 | 20 | ||||||||||||||||||||
Rochester, MN | — | 1,055 | 2,327 | — | — | 1,055 | 2,327 | 3,382 | 652 | 2003 | 10/07 | 40 | ||||||||||||||||||||
Birmingham, AL | — | 2,378 | 2,145 | — | — | 2,378 | 2,145 | 4,523 | 795 | 1985 | 11/07 | 30 | ||||||||||||||||||||
Clearwater, FL | — | 825 | 765 | — | — | 825 | 765 | 1,590 | 341 | 1969 | 11/07 | 25 | ||||||||||||||||||||
Mesquite, TX | — | 1,596 | 2,201 | — | — | 1,596 | 2,201 | 3,797 | 980 | 1987 | 11/07 | 25 | ||||||||||||||||||||
Seminole, FL | — | 2,166 | 1,496 | — | — | 2,166 | 1,496 | 3,662 | 555 | 1985 | 11/07 | 30 | ||||||||||||||||||||
Tampa, FL | — | 2,993 | 1,669 | — | — | 2,993 | 1,669 | 4,662 | 743 | 1969 | 11/07 | 25 | ||||||||||||||||||||
Vestavia Hills, AL | — | 1,009 | 956 | — | — | 1,009 | 956 | 1,965 | 425 | 1967 | 11/07 | 25 | ||||||||||||||||||||
El Paso, TX | — | 1,399 | 1,468 | — | — | 1,399 | 1,468 | 2,867 | 405 | 1991 | 12/07 | 40 | ||||||||||||||||||||
El Paso, TX | — | 1,424 | 1,306 | — | — | 1,424 | 1,306 | 2,730 | 481 | 1986 | 12/07 | 30 | ||||||||||||||||||||
El Paso, TX | — | 1,807 | 2,287 | — | — | 1,807 | 2,287 | 4,094 | 632 | 1983 | 12/07 | 40 | ||||||||||||||||||||
El Paso, TX | — | 664 | 824 | — | — | 664 | 824 | 1,488 | 227 | 1991 | 12/07 | 40 | ||||||||||||||||||||
El Paso, TX | — | 988 | 1,046 | — | — | 988 | 1,046 | 2,034 | 289 | 1998 | 12/07 | 40 | ||||||||||||||||||||
Tampa, FL | — | 541 | 829 | — | — | 541 | 829 | 1,370 | 289 | 1978 | 04/10 | 25 | ||||||||||||||||||||
Springfield, MO | — | 1,064 | 2,109 | — | — | 1,064 | 2,109 | 3,173 | 524 | 1990 | 07/11 | 30 | ||||||||||||||||||||
Springfield, MO | — | 1,188 | 2,817 | — | — | 1,188 | 2,817 | 4,005 | 600 | 2000 | 07/11 | 35 | ||||||||||||||||||||
Springfield, MO | — | 642 | 1,767 | — | — | 642 | 1,767 | 2,409 | 439 | 1979 | 07/11 | 30 | ||||||||||||||||||||
Missouri City, TX | — | 549 | 1,553 | — | — | 549 | 1,553 | 2,102 | 316 | 2004 | 11/11 | 35 | ||||||||||||||||||||
Bountiful, UT | — | 484 | 292 | — | — | 484 | 292 | 776 | 68 | 1995 | 01/12 | 30 | ||||||||||||||||||||
Salt Lake City, UT | — | 522 | 1,806 | — | — | 522 | 1,806 | 2,328 | 419 | 1993 | 01/12 | 30 | ||||||||||||||||||||
Tucson, AZ | — | 946 | 2,566 | — | — | 946 | 2,566 | 3,512 | 595 | 2003 | 01/12 | 30 | ||||||||||||||||||||
Tucson, AZ | — | 742 | 2,226 | — | — | 742 | 2,226 | 2,968 | 516 | 2000 | 01/12 | 30 | ||||||||||||||||||||
Tucson, AZ | — | 493 | 345 | — | — | 493 | 345 | 838 | 69 | 2007 | 01/12 | 35 | ||||||||||||||||||||
Cedar Park, TX | — | 794 | 1,316 | — | — | 794 | 1,316 | 2,110 | 252 | 2009 | 04/12 | 35 | ||||||||||||||||||||
Spokane Valley, WA | — | 454 | 857 | — | — | 454 | 857 | 1,311 | 164 | 2005 | 04/12 | 35 | ||||||||||||||||||||
Salt Lake City, UT | — | 781 | 2,303 | — | — | 781 | 2,303 | 3,084 | 425 | 2009 | 07/12 | 35 | ||||||||||||||||||||
College Park, GA | — | 322 | 1,056 | — | — | 322 | 1,056 | 1,378 | 190 | 2008 | 09/12 | 35 | ||||||||||||||||||||
Griffin, GA | — | 401 | 2,897 | — | — | 401 | 2,897 | 3,298 | 521 | 2007 | 09/12 | 35 | ||||||||||||||||||||
Hampton, GA | — | 421 | 1,996 | — | — | 421 | 1,996 | 2,417 | 359 | 2006 | 09/12 | 35 | ||||||||||||||||||||
Lilburn, GA | — | 381 | 2,426 | — | — | 381 | 2,426 | 2,807 | 436 | 2007 | 09/12 | 35 | ||||||||||||||||||||
Oxford, AL | — | 301 | 3,607 | — | — | 301 | 3,607 | 3,908 | 648 | 2008 | 09/12 | 35 | ||||||||||||||||||||
Clermont, FL | — | 783 | 2,328 | — | — | 783 | 2,328 | 3,111 | 413 | 2006 | 10/12 | 35 | ||||||||||||||||||||
Springfield, MO | — | 474 | 736 | — | — | 474 | 736 | 1,210 | 153 | 2006 | 10/12 | 30 | ||||||||||||||||||||
Abilene, TX | — | 641 | 3,093 | — | — | 641 | 3,093 | 3,734 | 541 | 2006 | 11/12 | 35 | ||||||||||||||||||||
Abilene, TX | — | 101 | 426 | — | — | 101 | 426 | 527 | 75 | 2009 | 11/12 | 35 | ||||||||||||||||||||
Lubbock, TX | — | 350 | 2,984 | — | — | 350 | 2,984 | 3,334 | 522 | 2007 | 11/12 | 35 | ||||||||||||||||||||
Lubbock, TX | — | 400 | 3,403 | — | — | 400 | 3,403 | 3,803 | 596 | 2004 | 11/12 | 35 | ||||||||||||||||||||
Lubbock, TX | — | 411 | 2,534 | — | — | 411 | 2,534 | 2,945 | 517 | 2003 | 11/12 | 30 | ||||||||||||||||||||
Ephrata, PA | — | 241 | 2,797 | — | — | 241 | 2,797 | 3,038 | 676 | 1987 | 12/12 | 25 | ||||||||||||||||||||
Lancaster, PA | — | 920 | 7,894 | — | — | 920 | 7,894 | 8,814 | 1,590 | 1999 | 12/12 | 30 | ||||||||||||||||||||
Sinking Spring, PA | — | 1,251 | 4,735 | — | — | 1,251 | 4,735 | 5,986 | 953 | 2005 | 12/12 | 30 | ||||||||||||||||||||
York, PA | — | 591 | 4,605 | — | — | 591 | 4,605 | 5,196 | 927 | 1995 | 12/12 | 30 | ||||||||||||||||||||
Atlanta, GA | — | 1,633 | 5,378 | — | — | 1,633 | 5,378 | 7,011 | 1,083 | 1998 | 12/12 | 30 | ||||||||||||||||||||
Atlanta, GA | — | 1,773 | 4,528 | — | — | 1,773 | 4,528 | 6,301 | 782 | 2003 | 12/12 | 35 | ||||||||||||||||||||
Urbandale, IA | — | 485 | 374 | — | — | 485 | 374 | 859 | 71 | 1990 | 04/13 | 30 | ||||||||||||||||||||
Houston, TX | — | 752 | 1,736 | — | — | 752 | 1,736 | 2,488 | 275 | 2005 | 06/13 | 35 | ||||||||||||||||||||
Houston, TX | — | 551 | 2,967 | — | — | 551 | 2,967 | 3,518 | 658 | 1980 | 06/13 | 25 | ||||||||||||||||||||
Houston, TX | — | 542 | 1,876 | — | — | 542 | 1,876 | 2,418 | 297 | 2012 | 06/13 | 35 | ||||||||||||||||||||
Houston, TX | — | 1,573 | 2,315 | — | — | 1,573 | 2,315 | 3,888 | 367 | 2006 | 06/13 | 35 | ||||||||||||||||||||
Houston, TX | — | 713 | 964 | — | — | 713 | 964 | 1,677 | 153 | 2005 | 06/13 | 35 | ||||||||||||||||||||
Humble, TX | — | 611 | 3,327 | — | — | 611 | 3,327 | 3,938 | 527 | 2006 | 06/13 | 35 | ||||||||||||||||||||
Katy, TX | — | 421 | 2,157 | — | — | 421 | 2,157 | 2,578 | 398 | 2002 | 06/13 | 30 | ||||||||||||||||||||
Spring, TX | — | 652 | 2,627 | — | — | 652 | 2,627 | 3,279 | 416 | 2006 | 06/13 | 35 | ||||||||||||||||||||
Tucson, AZ | — | 654 | 1,357 | — | — | 654 | 1,357 | 2,011 | 239 | 1986 | 09/13 | 30 | ||||||||||||||||||||
Rochester, MN | — | 396 | 264 | — | — | 396 | 264 | 660 | 43 | 1987 | 02/14 | 30 | ||||||||||||||||||||
Tucson, AZ | — | 988 | 272 | — | — | 988 | 272 | 1,260 | 44 | 1987 | 02/14 | 30 | ||||||||||||||||||||
Brooklyn Park, MN | — | 287 | 394 | — | — | 265 | 394 | 659 | 37 | 2011 | 09/15 | 35 | ||||||||||||||||||||
Lake Mary, FL | — | 692 | 3,518 | — | — | 692 | 3,518 | 4,210 | 376 | 1997 | 10/15 | 30 | ||||||||||||||||||||
Melbourne, FL | — | 1,262 | 4,348 | — | — | 1,262 | 4,348 | 5,610 | 399 | 2009 | 10/15 | 35 | ||||||||||||||||||||
Sanford, FL | — | 1,322 | 3,887 | — | — | 1,322 | 3,887 | 5,209 | 356 | 2008 | 10/15 | 35 | ||||||||||||||||||||
Tampa, FL | — | 630 | 2,879 | — | — | 630 | 2,879 | 3,509 | 228 | 1991 | 08/16 | 30 | ||||||||||||||||||||
Clermont, FL | — | 1,550 | 2,460 | — | — | 1,550 | 2,460 | 4,010 | 161 | 2013 | 09/16 | 35 | ||||||||||||||||||||
Lakeland, FL | — | 446 | 3,064 | — | — | 446 | 3,064 | 3,510 | 260 | 1979 | 11/16 | 25 | ||||||||||||||||||||
Comstock Park, MI | — | 1,151 | 3,860 | — | — | 1,151 | 3,860 | 5,011 | 289 | 1978 | 02/17 | 25 | ||||||||||||||||||||
Grand Rapids, MI | — | 494 | 3,513 | — | — | 494 | 3,513 | 4,007 | 188 | 2013 | 02/17 | 35 | ||||||||||||||||||||
Grand Rapids, MI | — | 416 | 3,590 | — | — | 416 | 3,590 | 4,006 | 224 | 2006 | 02/17 | 30 | ||||||||||||||||||||
Grand Rapids, MI | — | 426 | 2,180 | — | — | 426 | 2,180 | 2,606 | 163 | 1963 | 02/17 | 25 | ||||||||||||||||||||
Grand Rapids, MI | — | 455 | 1,958 | — | — | 455 | 1,958 | 2,413 | 147 | 1963 | 02/17 | 25 | ||||||||||||||||||||
Wyoming, MI | — | 928 | 5,077 | — | — | 928 | 5,077 | 6,005 | 381 | 1965 | 02/17 | 25 | ||||||||||||||||||||
Columbia Heights, MN | — | 96 | 252 | — | — | 96 | 252 | 348 | 11 | 1961 | 02/18 | 20 | ||||||||||||||||||||
Madison, TN | — | 669 | 51 | — | — | 669 | 51 | 720 | 1 | 1988 | 06/18 | 25 | ||||||||||||||||||||
Colorado Springs, CO | — | 295 | 2,118 | — | — | 295 | 2,118 | 2,413 | 13 | 2013 | 10/18 | 35 | ||||||||||||||||||||
Atwater, CA | — | 809 | 4,198 | — | — | 809 | 4,198 | 5,007 | 5 | 2008 | 12/18 | 35 | ||||||||||||||||||||
Ceres, CA | — | 347 | 4,160 | — | — | 347 | 4,160 | 4,507 | 7 | 1994 | 12/18 | 25 | ||||||||||||||||||||
Los Banos, CA | — | 712 | 4,294 | — | — | 712 | 4,294 | 5,006 | 4 | 2018 | 12/18 | 40 | ||||||||||||||||||||
Manteca, CA | — | 501 | 4,506 | — | — | 501 | 4,506 | 5,007 | 5 | 2016 | 12/18 | 35 | ||||||||||||||||||||
Merced, CA | — | 347 | 4,660 | — | — | 347 | 4,660 | 5,007 | 6 | 1998 | 12/18 | 30 | ||||||||||||||||||||
Modesto, CA | — | 674 | 3,332 | — | — | 674 | 3,332 | 4,006 | 5 | 1991 | 12/18 | 30 | ||||||||||||||||||||
Modesto, CA | — | 741 | 3,765 | — | — | 741 | 3,765 | 4,506 | 5 | 2002 | 12/18 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Patterson, CA | — | 741 | 4,265 | — | — | 741 | 4,265 | 5,006 | 5 | 2017 | 12/18 | 35 | ||||||||||||||||||||
Tracy, CA | — | 761 | 4,246 | — | — | 761 | 4,246 | 5,007 | 5 | 2013 | 12/18 | 35 | ||||||||||||||||||||
Movie Tavern Theatre: | ||||||||||||||||||||||||||||||||
Covington, LA | — | 1,081 | 6,779 | — | — | 1,081 | 6,779 | 7,860 | 970 | 1993 | 09/14 | 30 | ||||||||||||||||||||
Baton Rouge, LA | — | 1,497 | — | 10,888 | — | 1,497 | 10,888 | 12,385 | 953 | 1993 | 11/14 | (o) | 40 | |||||||||||||||||||
Allentown, PA | — | 3,610 | — | 10,921 | — | 3,610 | 10,921 | 14,531 | 102 | 2018 | 06/17 | (m) | 40 | |||||||||||||||||||
Mr. Hero: | ||||||||||||||||||||||||||||||||
Parma, OH | — | 36 | 291 | 25 | — | 36 | 316 | 352 | 43 | 1980 | 06/15 | 25 | ||||||||||||||||||||
Muchas Gracias Mexican Restaurant: | ||||||||||||||||||||||||||||||||
Salem, OR | — | 556 | 736 | — | — | 556 | 736 | 1,292 | 313 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Murphy Oil: | ||||||||||||||||||||||||||||||||
Fort Worth, TX | — | 1,652 | 2,018 | — | — | 1,652 | (i) | 1,652 | (i) | (i) | 02/05 | (i) | ||||||||||||||||||||
National Karate Academy: | ||||||||||||||||||||||||||||||||
Eden Prairie, MN | — | 76 | 211 | 110 | — | 76 | 321 | 397 | 130 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Natural Grocers: | ||||||||||||||||||||||||||||||||
Lincoln, NE | — | 1,482 | 2,811 | — | — | 1,482 | 2,811 | 4,293 | 458 | 2012 | 04/13 | 35 | ||||||||||||||||||||
Coeur D'Alene, ID | — | 2,172 | — | 2,778 | — | 2,172 | 2,778 | 4,950 | 333 | 2014 | 08/13 | (m) | 40 | |||||||||||||||||||
Flagstaff, AZ | 2,673 | (j) | 831 | 4,079 | — | — | 831 | 4,079 | 4,910 | 481 | 2012 | 11/14 | 35 | |||||||||||||||||||
Helena, MT | 2,344 | (j) | 1,079 | 3,062 | — | — | 1,079 | 3,062 | 4,141 | 361 | 2012 | 11/14 | 35 | |||||||||||||||||||
Missoula, MT | 2,088 | (j) | 929 | 3,222 | — | — | 929 | 3,222 | 4,151 | 380 | 2012 | 11/14 | 35 | |||||||||||||||||||
Sedona, AZ | 2,456 | (j) | 1,064 | 3,211 | — | — | 1,064 | 3,211 | 4,275 | 378 | 2012 | 11/14 | 35 | |||||||||||||||||||
Steamboat Springs, CO | 2,843 | (j) | 1,512 | 3,447 | — | — | 1,512 | 3,447 | 4,959 | 406 | 2012 | 11/14 | 35 | |||||||||||||||||||
Independence, MO | — | 912 | 5,002 | — | — | 912 | 5,002 | 5,914 | 674 | 2002 | 12/14 | 30 | ||||||||||||||||||||
Vancouver, WA | — | 1,639 | — | 4,338 | — | 1,639 | 4,338 | 5,977 | 221 | 2016 | 06/16 | (m) | 40 | |||||||||||||||||||
South Jordan, UT | — | 1,460 | — | 4,039 | — | 1,460 | 4,039 | 5,499 | 215 | 2016 | 08/16 | (m) | 40 | |||||||||||||||||||
Nebraskaland Tire: | ||||||||||||||||||||||||||||||||
Park City, KS | — | 214 | 687 | — | — | 214 | 687 | 901 | 465 | 1989 | 06/05 | 20 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
New Vision Theatre: | ||||||||||||||||||||||||||||||||
Montgomery, AL | — | 1,686 | 11,156 | — | — | 1,686 | 11,156 | 12,842 | 1,197 | 2014 | 09/14 | 40 | ||||||||||||||||||||
Nitlantika: | ||||||||||||||||||||||||||||||||
Hollywood, FL | — | 383 | 88 | 70 | — | 234 | 33 | 267 | 1 | 1960 | 12/05 | 15 | ||||||||||||||||||||
Northern Tool: | ||||||||||||||||||||||||||||||||
Beaumont, TX | — | 483 | 831 | 1,207 | — | 483 | 2,038 | 2,521 | 531 | 1992 | 03/99 | 40 | ||||||||||||||||||||
Asheville, NC | — | 519 | 2,998 | — | — | 519 | 2,998 | 3,517 | 567 | 2007 | 05/12 | 35 | ||||||||||||||||||||
Spartanburg, SC | — | 654 | 3,174 | — | — | 654 | 3,174 | 3,828 | 454 | 2007 | 09/14 | 30 | ||||||||||||||||||||
NTB Tire and Service Centers: | ||||||||||||||||||||||||||||||||
Hampton, VA | — | 180 | 427 | — | — | 180 | 427 | 607 | 147 | 1986 | 03/05 | 40 | ||||||||||||||||||||
Newport News, VA | — | 234 | 259 | — | — | 234 | 259 | 493 | 89 | 1986 | 03/05 | 40 | ||||||||||||||||||||
Norfolk, VA | — | 398 | 508 | — | — | 398 | 508 | 906 | 175 | 1986 | 03/05 | 40 | ||||||||||||||||||||
Rockville, MD | — | 1,030 | 306 | — | — | 1,016 | 306 | 1,322 | 106 | 1974 | 03/05 | 40 | ||||||||||||||||||||
Washington, DC (n) | — | 624 | 578 | — | — | 624 | 578 | 1,202 | 199 | 1983 | 03/05 | 40 | ||||||||||||||||||||
Office Depot: | ||||||||||||||||||||||||||||||||
Gastonia, NC | — | 1,554 | 2,367 | 1,019 | — | 1,554 | 3,386 | 4,940 | 1,035 | 2004 | 12/04 | 40 | ||||||||||||||||||||
OfficeMax: | ||||||||||||||||||||||||||||||||
Cincinnati, OH | — | 543 | 1,575 | — | — | 543 | 1,575 | 2,118 | 964 | 1994 | 07/94 | 40 | ||||||||||||||||||||
Evanston, IL | — | 1,868 | 1,758 | — | — | 1,868 | 1,758 | 3,626 | 1,035 | 1995 | 06/95 | 40 | ||||||||||||||||||||
Salinas, CA | — | 1,353 | 1,829 | — | — | 1,353 | 1,829 | 3,182 | 1,000 | 1995 | 02/97 | 40 | ||||||||||||||||||||
Lynchburg, VA | — | 562 | — | 1,851 | — | 562 | 1,851 | 2,413 | 939 | 1998 | 02/98 | (m) | 40 | |||||||||||||||||||
Tigard, OR | — | 1,540 | 2,247 | — | — | 1,540 | 2,247 | 3,787 | 1,131 | 1995 | 11/98 | 40 | ||||||||||||||||||||
Griffin, GA | — | 685 | — | 1,802 | — | 685 | 1,802 | 2,487 | 888 | 1999 | 11/98 | (g) | 40 | |||||||||||||||||||
Weatherford, TX | — | 548 | 2,436 | — | — | 548 | 2,436 | 2,984 | 349 | 1999 | 09/14 | 30 | ||||||||||||||||||||
Old Chicago: | ||||||||||||||||||||||||||||||||
Garland, TX | — | 895 | — | 1,085 | — | 888 | 1,085 | 1,973 | 88 | 2016 | 01/16 | (m) | 30 | |||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Ollie's Bargain Outlet: | ||||||||||||||||||||||||||||||||
Sarasota, FL | — | 1,428 | 1,703 | 1,104 | — | 1,428 | 2,807 | 4,235 | 687 | 1988 | 09/97 | 40 | ||||||||||||||||||||
Orchard Supply Hardware: | ||||||||||||||||||||||||||||||||
Pismo Beach, CA | — | 2,436 | 1,997 | 2,339 | — | 2,436 | 4,336 | 6,772 | 1,151 | 1989 | 12/11 | (o) | 25 | |||||||||||||||||||
San Jose, CA | — | 4,092 | 4,279 | 3,307 | — | 4,092 | 7,586 | 11,678 | 2,038 | 1982 | 12/11 | (o) | 25 | |||||||||||||||||||
San Jose, CA | — | 6,406 | 2,457 | 3,374 | — | 6,406 | 5,831 | 12,237 | 1,542 | 1982 | 12/11 | (o) | 25 | |||||||||||||||||||
Chico, CA | — | 1,782 | 4,563 | 746 | — | 1,782 | 5,308 | 7,090 | 1,119 | 2002 | 07/12 | (o) | 30 | |||||||||||||||||||
Clovis, CA | — | 1,226 | 1,426 | 151 | — | 1,226 | 1,577 | 2,803 | 403 | 1982 | 07/12 | (o) | 25 | |||||||||||||||||||
Pinole, CA | — | 2,784 | 5,195 | — | — | 2,784 | 5,195 | 7,979 | 1,342 | 1987 | 07/12 | (o) | 25 | |||||||||||||||||||
San Jose, CA | — | 3,370 | 2,517 | — | — | 3,370 | 2,517 | 5,887 | 650 | 1965 | 07/12 | 25 | ||||||||||||||||||||
Oregano's Pizza Bistro: | ||||||||||||||||||||||||||||||||
Fort Collins, CO | — | 390 | 895 | 367 | — | 390 | 1,262 | 1,652 | 238 | 1995 | 02/11 | 30 | ||||||||||||||||||||
Outback: | ||||||||||||||||||||||||||||||||
Cheyenne, WY (n) | — | 672 | 2,502 | — | — | 672 | 2,502 | 3,174 | 566 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Conroe, TX | — | 524 | 583 | — | — | 524 | 583 | 1,107 | 159 | 1992 | 03/12 | 25 | ||||||||||||||||||||
Copley Township, OH | — | 753 | 2,407 | — | — | 753 | 2,407 | 3,160 | 654 | 1993 | 03/12 | 25 | ||||||||||||||||||||
Coraopolis, PA | — | 487 | 2,326 | — | — | 487 | 2,326 | 2,813 | 527 | 1998 | 03/12 | 30 | ||||||||||||||||||||
Denver, CO (n) | — | 850 | 1,305 | — | — | 850 | 1,305 | 2,155 | 253 | 2003 | 03/12 | 35 | ||||||||||||||||||||
Knoxville, TN | — | 753 | 1,852 | — | — | 753 | 1,852 | 2,605 | 359 | 2004 | 03/12 | 35 | ||||||||||||||||||||
Largo, MD | — | 1,738 | 2,227 | — | — | 1,738 | 2,227 | 3,965 | 504 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Lufkin, TX | — | 514 | 1,147 | — | — | 514 | 1,147 | 1,661 | 260 | 1999 | 03/12 | 30 | ||||||||||||||||||||
Mechanicsville, VA | — | 674 | 2,328 | — | — | 674 | 2,328 | 3,002 | 527 | 2002 | 03/12 | 30 | ||||||||||||||||||||
Mt. Pleasant, SC | — | 713 | 1,466 | — | — | 713 | 1,466 | 2,179 | 332 | 1999 | 03/12 | 30 | ||||||||||||||||||||
Phoenix, AZ (n) | — | 821 | 2,284 | — | — | 821 | 2,284 | 3,105 | 517 | 2002 | 03/12 | 30 | ||||||||||||||||||||
Shreveport, LA | — | 633 | 3,105 | — | — | 633 | 3,105 | 3,738 | 843 | 1994 | 03/12 | 25 | ||||||||||||||||||||
Smithfield, NC | — | 772 | 2,345 | — | — | 772 | 2,345 | 3,117 | 455 | 2004 | 03/12 | 35 | ||||||||||||||||||||
Stockbridge, GA | — | 910 | 1,988 | — | — | 910 | 1,988 | 2,898 | 450 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Troy, OH | — | 456 | 1,575 | — | — | 456 | 1,575 | 2,031 | 306 | 2004 | 03/12 | 35 | ||||||||||||||||||||
Venice, FL | — | 833 | 2,529 | — | — | 833 | 2,529 | 3,362 | 572 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Warrenton, VA | — | 1,833 | 2,021 | — | — | 1,833 | 2,021 | 3,854 | 457 | 2001 | 03/12 | 30 | ||||||||||||||||||||
Wheaton, IL | — | 901 | 654 | — | — | 901 | 654 | 1,555 | 178 | 1994 | 03/12 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Fultondale, AL | — | 765 | 2,097 | — | — | 765 | 2,097 | 2,862 | 288 | 1998 | 11/14 | 30 | ||||||||||||||||||||
Palais Royale: | ||||||||||||||||||||||||||||||||
Sealy, TX | — | 457 | 504 | 1,778 | — | 462 | 2,282 | 2,744 | 738 | 1982 | 03/99 | 40 | ||||||||||||||||||||
Panda Express: | ||||||||||||||||||||||||||||||||
Florissant, MO | — | 50 | 59 | 170 | — | 50 | 228 | 278 | 57 | 2012 | 04/03 | (g) | 40 | |||||||||||||||||||
Patient First: | ||||||||||||||||||||||||||||||||
Richmond, VA | — | 270 | 1,545 | — | — | 270 | 1,545 | 1,815 | 393 | 1988 | 05/11 | 30 | ||||||||||||||||||||
York, PA | — | 772 | 2,995 | — | — | 772 | 2,995 | 3,767 | 558 | 2011 | 07/11 | 40 | ||||||||||||||||||||
Mechanicsburg, PA | — | 933 | 3,401 | — | — | 933 | 3,401 | 4,334 | 585 | 2011 | 02/12 | 40 | ||||||||||||||||||||
Chesapeake, VA | — | 598 | 2,161 | — | — | 598 | 2,161 | 2,759 | 129 | 1998 | 03/17 | 30 | ||||||||||||||||||||
Virginia Beach, VA | — | 550 | 2,160 | — | — | 550 | 2,160 | 2,710 | 129 | 1998 | 03/17 | 30 | ||||||||||||||||||||
Patriot Fuels: | ||||||||||||||||||||||||||||||||
Vinita, OK | — | 72 | 368 | — | — | 72 | 368 | 440 | 173 | 1972 | 07/09 | 20 | ||||||||||||||||||||
Pawn America: | ||||||||||||||||||||||||||||||||
Fridley, MN | — | 1,013 | 4,465 | — | — | 1,013 | 4,465 | 5,478 | 899 | 1978 | 12/12 | 30 | ||||||||||||||||||||
Mankato, MN | — | 449 | — | 1,705 | — | 449 | 1,705 | 2,154 | 219 | 2013 | 03/13 | (m) | 40 | |||||||||||||||||||
PDQ: | ||||||||||||||||||||||||||||||||
Altamonte Springs, FL | — | 553 | 997 | — | — | 553 | (i) | 553 | — | (i) | 01/96 | (i) | ||||||||||||||||||||
Pep Boys: | ||||||||||||||||||||||||||||||||
Chicago, IL | — | 1,077 | 3,756 | — | — | 1,077 | 3,756 | 4,833 | 1,194 | 1993 | 11/07 | 35 | ||||||||||||||||||||
Cicero, IL | — | 1,341 | 3,760 | — | — | 1,341 | 3,760 | 5,101 | 1,195 | 1993 | 11/07 | 35 | ||||||||||||||||||||
Cornwell Heights, PA | — | 2,058 | 3,102 | — | — | 2,058 | 3,102 | 5,160 | 1,380 | 1972 | 11/07 | 25 | ||||||||||||||||||||
East Brunswick, NJ | — | 2,449 | 5,026 | — | — | 2,449 | 5,026 | 7,475 | 1,864 | 1987 | 11/07 | 30 | ||||||||||||||||||||
Guayama, PR | — | 1,729 | 2,732 | — | — | 1,729 | 2,131 | 3,860 | 588 | 1998 | 11/07 | 33 | ||||||||||||||||||||
Jacksonville, FL | — | 810 | 2,331 | — | — | 810 | 2,331 | 3,141 | 741 | 1989 | 11/07 | 35 | ||||||||||||||||||||
Joliet, IL | — | 1,506 | 3,727 | — | — | 1,506 | 3,727 | 5,233 | 1,185 | 1993 | 11/07 | 35 | ||||||||||||||||||||
Lansing, IL | — | 869 | 3,440 | — | — | 869 | 3,440 | 4,309 | 1,093 | 1993 | 11/07 | 35 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Marietta, GA | — | 1,311 | 3,556 | — | — | 1,311 | 3,556 | 4,867 | 1,319 | 1987 | 11/07 | 30 | ||||||||||||||||||||
Marlton, NJ | — | 1,608 | 4,142 | — | — | 1,608 | 4,142 | 5,750 | 1,536 | 1983 | 11/07 | 30 | ||||||||||||||||||||
Philadelphia, PA | — | 1,300 | 3,830 | — | — | 1,300 | 3,830 | 5,130 | 1,218 | 1995 | 11/07 | 35 | ||||||||||||||||||||
Quakertown, PA | — | 1,129 | 3,252 | — | — | 1,129 | 3,252 | 4,381 | 1,034 | 1995 | 11/07 | 35 | ||||||||||||||||||||
Reading, PA | — | 1,189 | 3,367 | — | — | 1,189 | 2,819 | 4,008 | 917 | 1989 | 11/07 | 28 | ||||||||||||||||||||
Roswell, GA | — | 931 | 2,732 | — | — | 931 | 2,732 | 3,663 | 1,013 | 2007 | 11/07 | 30 | ||||||||||||||||||||
Turnersville, NJ | — | 990 | 3,494 | — | — | 990 | 3,494 | 4,484 | 1,296 | 1986 | 11/07 | 30 | ||||||||||||||||||||
Houston, TX | — | 734 | 3,028 | — | — | 734 | 3,028 | 3,762 | 879 | 1994 | 04/10 | 30 | ||||||||||||||||||||
Perkins Restaurant: | ||||||||||||||||||||||||||||||||
Des Moines, IA | — | 226 | 203 | — | — | 226 | 203 | 429 | 203 | 1976 | 06/05 | 10 | ||||||||||||||||||||
Des Moines, IA | — | 256 | 136 | — | — | 256 | 136 | 392 | 136 | 1976 | 06/05 | 10 | ||||||||||||||||||||
Des Moines, IA | — | 270 | 218 | — | — | 270 | 218 | 488 | 218 | 1977 | 06/05 | 10 | ||||||||||||||||||||
Newton, IA | — | 354 | 402 | — | — | 354 | 402 | 756 | 402 | 1979 | 06/05 | 10 | ||||||||||||||||||||
Urbandale, IA | — | 377 | 581 | — | — | 377 | 581 | 958 | 394 | 1979 | 06/05 | 20 | ||||||||||||||||||||
Pet Paradise: | ||||||||||||||||||||||||||||||||
Houston, TX | — | 417 | 2,306 | — | — | 417 | 2,306 | 2,723 | 622 | 2008 | 03/08 | 40 | ||||||||||||||||||||
Bunnell, FL | — | 316 | 881 | — | — | 316 | 881 | 1,197 | 236 | 1997 | 04/08 | 40 | ||||||||||||||||||||
Charlotte, NC | — | 825 | — | 3,231 | — | 825 | 3,231 | 4,056 | 764 | 2009 | 11/08 | (m) | 40 | |||||||||||||||||||
Davie, FL | — | 1,138 | 1,069 | — | — | 1,138 | 1,069 | 2,207 | 307 | 2003 | 12/08 | 35 | ||||||||||||||||||||
Wesley Chapel, FL | — | 1,529 | — | 2,175 | — | 1,529 | 2,175 | 3,704 | 66 | 2017 | 02/17 | (m) | 40 | |||||||||||||||||||
Petco: | ||||||||||||||||||||||||||||||||
Grand Forks, ND | — | 307 | 910 | — | — | 307 | 910 | 1,217 | 479 | 1996 | 12/97 | 40 | ||||||||||||||||||||
Florissant, MO | — | 299 | 352 | 1,019 | — | 300 | 1,371 | 1,671 | 339 | 2012 | 04/03 | (g) | 40 | |||||||||||||||||||
Petro Express: | ||||||||||||||||||||||||||||||||
Belmont, NC | — | 1,508 | 1,622 | — | — | 1,508 | 1,622 | 3,130 | 543 | 2001 | 04/07 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 1,532 | 1,973 | — | — | 1,532 | 1,973 | 3,505 | 660 | 1998 | 04/07 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 1,778 | 1,977 | — | — | 1,778 | 1,977 | 3,755 | 772 | 1992 | 04/07 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 1,810 | 2,570 | — | — | 1,810 | 2,570 | 4,380 | 752 | 2004 | 04/07 | 40 | ||||||||||||||||||||
Charlotte, NC | — | 507 | 698 | — | — | 507 | 698 | 1,205 | 409 | 1967 | 04/07 | 20 | ||||||||||||||||||||
Charlotte, NC | — | 2,165 | 1,965 | — | — | 2,165 | 1,965 | 4,130 | 657 | 1997 | 04/07 | 35 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Charlotte, NC | — | 2,784 | 3,720 | — | — | 2,784 | 3,720 | 6,504 | 1,245 | 1998 | 04/07 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 629 | 876 | — | — | 623 | 876 | 1,499 | 342 | 1986 | 04/07 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 2,316 | 2,064 | — | — | 2,316 | 2,064 | 4,380 | 690 | 1996 | 04/07 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 1,340 | 1,790 | — | — | 1,340 | 1,790 | 3,130 | 599 | 1998 | 04/07 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 1,697 | 2,419 | — | — | 1,697 | 2,419 | 4,116 | 708 | 2005 | 04/07 | 40 | ||||||||||||||||||||
Charlotte, NC | — | 1,291 | 1,839 | — | — | 1,291 | 1,839 | 3,130 | 718 | 1988 | 04/07 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 1,458 | 2,047 | — | — | 1,458 | 2,047 | 3,505 | 799 | 1987 | 04/07 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 1,030 | 1,725 | — | — | 1,030 | 1,725 | 2,755 | 673 | 1983 | 04/07 | 30 | ||||||||||||||||||||
Charlotte, NC | — | 429 | 425 | — | — | 429 | 425 | 854 | 166 | 1983 | 04/07 | 30 | ||||||||||||||||||||
Concord, NC | — | 1,828 | 1,677 | — | — | 1,707 | 1,677 | 3,384 | 561 | 2002 | 04/07 | 35 | ||||||||||||||||||||
Concord, NC | — | 2,144 | 1,986 | — | — | 2,144 | 1,986 | 4,130 | 664 | 2000 | 04/07 | 35 | ||||||||||||||||||||
Denver, NC | — | 2,317 | 1,750 | — | — | 2,317 | 1,750 | 4,067 | 585 | 1999 | 04/07 | 35 | ||||||||||||||||||||
Fort Mill, SC | — | 3,825 | 2,554 | — | — | 3,825 | 2,554 | 6,379 | 855 | 1998 | 04/07 | 35 | ||||||||||||||||||||
Gastonia, NC | — | 335 | 545 | — | — | 317 | 545 | 862 | 159 | 2000 | 04/07 | 40 | ||||||||||||||||||||
Gastonia, NC | — | 745 | 760 | — | — | 745 | 760 | 1,505 | 223 | 2003 | 04/07 | 40 | ||||||||||||||||||||
Gastonia, NC | — | 1,070 | 1,185 | — | — | 1,070 | 1,185 | 2,255 | 396 | 1990 | 04/07 | 35 | ||||||||||||||||||||
Gastonia, NC | — | 965 | 1,228 | — | — | 965 | 1,228 | 2,193 | 411 | 2001 | 04/07 | 35 | ||||||||||||||||||||
Hickory, NC | — | 1,975 | 1,530 | — | — | 1,975 | 1,530 | 3,505 | 512 | 2002 | 04/07 | 35 | ||||||||||||||||||||
Kings Mountain, NC | — | 1,210 | 982 | — | — | 1,210 | 982 | 2,192 | 329 | 1988 | 04/07 | 35 | ||||||||||||||||||||
Lake Wylie, SC | — | 1,381 | 2,061 | — | — | 1,381 | 2,061 | 3,442 | 690 | 1998 | 04/07 | 35 | ||||||||||||||||||||
Lake Wylie, SC | — | 1,972 | 1,283 | — | — | 1,972 | 1,283 | 3,255 | 429 | 2003 | 04/07 | 35 | ||||||||||||||||||||
Lincolnton, NC (n) | — | 723 | 532 | — | — | 723 | 532 | 1,255 | 208 | 1989 | 04/07 | 30 | ||||||||||||||||||||
Mineral Springs, NC | — | 678 | 577 | — | — | 678 | 577 | 1,255 | 169 | 2002 | 04/07 | 40 | ||||||||||||||||||||
Monroe, NC | — | 421 | 834 | — | — | 421 | 834 | 1,255 | 279 | 1997 | 04/07 | 35 | ||||||||||||||||||||
Monroe, NC | — | 857 | 1,023 | — | — | 857 | 1,023 | 1,880 | 299 | 2004 | 04/07 | 40 | ||||||||||||||||||||
Monroe, NC | — | 709 | 796 | — | — | 709 | 796 | 1,505 | 266 | 1999 | 04/07 | 35 | ||||||||||||||||||||
Rock Hill, SC | — | 778 | 727 | — | — | 778 | 727 | 1,505 | 284 | 1990 | 04/07 | 30 | ||||||||||||||||||||
Rock Hill, SC | — | 2,119 | 1,886 | — | — | 2,119 | 1,886 | 4,005 | 631 | 1998 | 04/07 | 35 | ||||||||||||||||||||
Rock Hill, SC | — | 3,095 | 1,910 | — | — | 3,095 | 1,910 | 5,005 | 639 | 1999 | 04/07 | 35 | ||||||||||||||||||||
Statesville, NC | — | 1,886 | 2,182 | — | — | 1,864 | 2,182 | 4,046 | 730 | 1999 | 04/07 | 35 | ||||||||||||||||||||
Waxhaw, NC | — | 508 | 747 | — | — | 508 | 747 | 1,255 | 219 | 2002 | 04/07 | 40 | ||||||||||||||||||||
York, SC | — | 2,306 | 1,449 | — | — | 2,306 | 1,449 | 3,755 | 485 | 1999 | 04/07 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 1,834 | 1,214 | — | — | 1,834 | 1,214 | 3,048 | 353 | 1997 | 05/07 | 40 | ||||||||||||||||||||
Charlotte, NC | — | 1,849 | 2,280 | — | — | 1,849 | 2,280 | 4,129 | 663 | 2005 | 05/07 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Rock Hill, SC | — | 3,108 | 2,146 | — | — | 3,055 | 2,146 | 5,201 | 624 | 1999 | 05/07 | 40 | ||||||||||||||||||||
PetSense: | ||||||||||||||||||||||||||||||||
Kingsville, TX | — | 499 | 458 | 224 | — | 499 | 682 | 1,181 | 245 | 1995 | 12/01 | 40 | ||||||||||||||||||||
PetSmart: | ||||||||||||||||||||||||||||||||
Chicago, IL | — | 2,724 | 3,566 | — | — | 2,724 | 3,566 | 6,290 | 1,809 | 1998 | 09/98 | 40 | ||||||||||||||||||||
Rock Hill, SC | — | 1,734 | 3,381 | — | — | 1,734 | 3,381 | 5,115 | 127 | 1998 | 11/17 | 30 | ||||||||||||||||||||
PetSuites: | ||||||||||||||||||||||||||||||||
Chesapeake, VA | — | 974 | — | 2,907 | — | 974 | 2,907 | 3,881 | 39 | 2018 | 12/17 | (m) | (k) | |||||||||||||||||||
Winter Springs, FL | — | 943 | — | 3,855 | — | 993 | 3,855 | 4,848 | 44 | 2018 | 12/17 | (m) | 40 | |||||||||||||||||||
Suwanee, GA | — | 705 | — | — | — | 705 | (e) | 705 | (e) | (e) | 11/18 | (m) | (e) | |||||||||||||||||||
Pier I Imports: | ||||||||||||||||||||||||||||||||
Anchorage, AK | — | 928 | 1,663 | — | — | 928 | 1,663 | 2,591 | 949 | 1995 | 02/96 | 40 | ||||||||||||||||||||
Memphis, TN | — | 713 | 822 | — | — | 713 | 822 | 1,535 | 443 | 1997 | 09/96 | (f) | 40 | |||||||||||||||||||
Sanford, FL | — | 738 | 803 | — | — | 738 | 803 | 1,541 | 417 | 1998 | 06/97 | (f) | 40 | |||||||||||||||||||
Valdosta, GA | — | 391 | 806 | — | — | 391 | 806 | 1,197 | 385 | 1999 | 01/99 | (f) | 40 | |||||||||||||||||||
Pizza Hut: | ||||||||||||||||||||||||||||||||
Monroeville, AL | — | 547 | 44 | — | — | 547 | 44 | 591 | 19 | 1976 | 12/01 | 40 | ||||||||||||||||||||
Bowie, TX | — | 111 | 346 | — | — | 111 | 346 | 457 | 54 | 1976 | 02/15 | 25 | ||||||||||||||||||||
Greeneville, TN | — | 111 | 717 | — | — | 111 | 717 | 828 | 111 | 1972 | 02/15 | 25 | ||||||||||||||||||||
Pollo Tropical: | ||||||||||||||||||||||||||||||||
Hialeah, FL | — | 170 | 106 | — | — | 170 | (i) | 170 | (i) | (i) | 09/06 | (i) | ||||||||||||||||||||
Popeye's: | ||||||||||||||||||||||||||||||||
Snellville, GA | — | 642 | 437 | — | — | 642 | 437 | 1,079 | 186 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Randallstown, MD | — | 483 | 609 | — | — | 483 | 609 | 1,092 | 119 | 1958 | 02/14 | 25 | ||||||||||||||||||||
Power Body Wellness: | ||||||||||||||||||||||||||||||||
Conyers, GA | — | 320 | 556 | 29 | — | 320 | 585 | 905 | 304 | 1997 | 06/97 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Power Center: | ||||||||||||||||||||||||||||||||
Midland, MI | — | 1,085 | 1,635 | 220 | — | 1,085 | 1,598 | 2,683 | 533 | 2005 | 05/05 | (g) | 40 | |||||||||||||||||||
Big Flats, NY | — | 2,248 | 7,159 | 1,258 | — | 2,248 | 5,075 | 7,323 | 1,695 | 2006 | 08/05 | (g) | 40 | |||||||||||||||||||
Power Fuel & C-Store: | ||||||||||||||||||||||||||||||||
Moosic, PA | — | 323 | 309 | — | — | 323 | 309 | 632 | 207 | 1980 | 08/05 | 20 | ||||||||||||||||||||
Premium Spas & Billiards: | ||||||||||||||||||||||||||||||||
Fairfax, VA | — | 105 | 151 | 413 | — | 194 | 564 | 758 | 164 | 1995 | 12/95 | 40 | ||||||||||||||||||||
Publix Super Markets: | ||||||||||||||||||||||||||||||||
Tampa, FL | — | 2,128 | 1,522 | — | — | 2,128 | 1,522 | 3,650 | 856 | 1994 | 06/96 | 40 | ||||||||||||||||||||
Pull-A-Part: | ||||||||||||||||||||||||||||||||
Augusta, GA | — | 1,414 | — | 1,449 | — | 1,414 | 1,449 | 2,863 | 418 | 2007 | 08/06 | (m) | 40 | |||||||||||||||||||
Birmingham, AL | — | 1,165 | 2,090 | — | — | 1,165 | 2,090 | 3,255 | 647 | 1964 | 08/06 | 40 | ||||||||||||||||||||
Charlotte, NC | — | 2,913 | 1,724 | — | — | 2,908 | 1,724 | 4,632 | 533 | 2006 | 08/06 | 40 | ||||||||||||||||||||
Conley, GA | — | 1,686 | 1,387 | — | — | 1,686 | 1,387 | 3,073 | 429 | 1999 | 08/06 | 40 | ||||||||||||||||||||
Harvey, LA | — | 1,887 | — | 4,326 | — | 1,887 | 4,326 | 6,213 | 1,131 | 2008 | 08/06 | (m) | 40 | |||||||||||||||||||
Knoxville, TN | — | 961 | — | 2,384 | — | 961 | 2,384 | 3,345 | 683 | 2007 | 08/06 | (m) | 40 | |||||||||||||||||||
Louisville, KY | — | 3,206 | 1,532 | — | — | 3,206 | 1,532 | 4,738 | 474 | 2006 | 08/06 | 40 | ||||||||||||||||||||
Nashville, TN | — | 2,164 | 1,414 | — | — | 2,164 | 1,414 | 3,578 | 437 | 2006 | 08/06 | 40 | ||||||||||||||||||||
Norcross, GA | — | 1,831 | 1,040 | — | — | 1,831 | 1,040 | 2,871 | 322 | 1998 | 08/06 | 40 | ||||||||||||||||||||
Cleveland, OH | — | 4,556 | — | 2,096 | — | 4,556 | 2,096 | 6,652 | 583 | 2007 | 08/06 | (m) | 40 | |||||||||||||||||||
Lafayette, LA | — | 1,036 | — | 2,226 | — | 1,036 | 2,226 | 3,262 | 614 | 2007 | 08/06 | (m) | 40 | |||||||||||||||||||
Montgomery, AL | — | 934 | — | 2,013 | — | 934 | 2,013 | 2,947 | 560 | 2007 | 11/06 | (m) | 40 | |||||||||||||||||||
Jackson, MS | — | 1,315 | — | 2,471 | — | 1,315 | 2,318 | 3,633 | 635 | 2008 | 12/06 | (m) | 40 | |||||||||||||||||||
Baton Rouge, LA | — | 893 | — | 3,256 | — | 893 | 3,256 | 4,149 | 797 | 2009 | 01/07 | (m) | 40 | |||||||||||||||||||
Memphis, TN | — | 1,779 | — | 2,964 | — | 1,779 | 2,964 | 4,743 | 787 | 2008 | 05/07 | (m) | 40 | |||||||||||||||||||
Mobile, AL | — | 550 | — | 2,772 | — | 550 | 2,772 | 3,322 | 690 | 2009 | 06/07 | (m) | 40 | |||||||||||||||||||
Winston-Salem, NC | — | 846 | — | 2,449 | — | 836 | 2,449 | 3,285 | 615 | 2009 | 08/07 | (m) | 40 | |||||||||||||||||||
Lithonia, GA | — | 2,410 | — | 2,345 | — | 2,410 | 2,345 | 4,755 | 584 | 2009 | 08/07 | (m) | 40 | |||||||||||||||||||
Columbia, SC | — | 935 | — | 2,178 | — | 935 | 2,178 | 3,113 | 542 | 2009 | 09/07 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Akron, OH | — | 1,065 | — | 1,869 | — | 1,065 | 1,869 | 2,934 | 426 | 2009 | 10/08 | (m) | 40 | |||||||||||||||||||
Quaker Steak & Lube: | ||||||||||||||||||||||||||||||||
Mentor, OH | — | 841 | 2,452 | — | — | 841 | 2,452 | 3,293 | 330 | 2009 | 04/14 | 35 | ||||||||||||||||||||
QuikTrip: | ||||||||||||||||||||||||||||||||
Clive, IA | — | 623 | 557 | — | — | 623 | 557 | 1,180 | 251 | 1994 | 06/05 | 30 | ||||||||||||||||||||
Johnston, IA | — | 394 | 385 | — | — | 394 | 385 | 779 | 174 | 1991 | 06/05 | 30 | ||||||||||||||||||||
Tulsa, OK | — | 1,225 | 650 | — | — | 1,225 | 650 | 1,875 | 293 | 1990 | 06/05 | 30 | ||||||||||||||||||||
Fountain Inn, SC | — | 723 | 3,289 | — | — | 723 | 3,289 | 4,012 | 231 | 2015 | 07/16 | 35 | ||||||||||||||||||||
Charlotte, NC | — | 739 | 3,512 | 3 | — | 740 | 3,514 | 4,254 | 209 | 2016 | 08/16 | 40 | ||||||||||||||||||||
Marietta, GA | — | 1,870 | 3,795 | — | — | 1,870 | 3,795 | 5,665 | 210 | 2016 | 10/16 | 40 | ||||||||||||||||||||
Alpharetta, GA | — | 1,665 | 3,700 | — | — | 1,665 | 3,700 | 5,365 | 143 | 2016 | 06/17 | 40 | ||||||||||||||||||||
Roswell, GA | — | 1,693 | 3,572 | — | — | 1,693 | 3,572 | 5,265 | 130 | 2016 | 07/17 | 40 | ||||||||||||||||||||
Concord, NC | — | 1,529 | 3,993 | — | — | 1,529 | 3,993 | 5,522 | 104 | 2017 | 12/17 | 40 | ||||||||||||||||||||
Qwest Corporation Service Center: | ||||||||||||||||||||||||||||||||
Cedar Rapids, IA | — | 184 | 629 | 143 | — | 184 | 772 | 956 | 462 | 1976 | 06/05 | 20 | ||||||||||||||||||||
Rabobank: | ||||||||||||||||||||||||||||||||
Chico, CA | — | 346 | — | — | — | 346 | — | 346 | (e) | (i) | 07/12 | (e) | ||||||||||||||||||||
Raising Cane's: | ||||||||||||||||||||||||||||||||
Lancaster, OH | — | 600 | — | 1,075 | — | 600 | 1,075 | 1,675 | 165 | 2012 | 01/08 | (g) | 40 | |||||||||||||||||||
Sulphur, LA | — | 326 | 1,268 | — | — | 326 | 1,268 | 1,594 | 279 | 2009 | 04/11 | 35 | ||||||||||||||||||||
Hurst, TX | — | 763 | — | 1,309 | — | 763 | 1,309 | 2,072 | 236 | 2011 | 05/11 | (m) | 40 | |||||||||||||||||||
Fort Worth, TX | — | 792 | — | 1,144 | — | 792 | 1,144 | 1,936 | 206 | 2011 | 06/11 | (m) | 40 | |||||||||||||||||||
Plano, TX | — | 1,316 | — | 1,349 | — | 1,316 | 1,349 | 2,665 | 243 | 2011 | 06/11 | (m) | 40 | |||||||||||||||||||
Pearland, TX | — | 774 | — | 1,255 | — | 774 | 1,255 | 2,029 | 224 | 2011 | 07/11 | (m) | 40 | |||||||||||||||||||
Addison, TX | — | 869 | — | 1,343 | — | 869 | 1,343 | 2,212 | 228 | 2012 | 10/11 | (m) | 40 | |||||||||||||||||||
Houston, TX | — | 737 | — | 1,163 | — | 737 | 1,163 | 1,900 | 200 | 2012 | 10/11 | (m) | 40 | |||||||||||||||||||
Euless, TX | — | 1,222 | — | 1,376 | — | 1,226 | 1,376 | 2,602 | 242 | 2011 | 12/11 | (m) | 40 | |||||||||||||||||||
Moore, OK | — | 762 | — | 1,153 | — | 762 | 1,153 | 1,915 | 193 | 2012 | 01/12 | (m) | 40 | |||||||||||||||||||
Rowlett, TX | — | 814 | — | 1,398 | — | 814 | 1,398 | 2,212 | 226 | 2012 | 02/12 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Keller, TX | — | 833 | — | 1,265 | — | 833 | 1,265 | 2,098 | 196 | 2012 | 06/12 | (m) | 40 | |||||||||||||||||||
Omaha, NE | — | 1,181 | — | 1,676 | — | 1,181 | 1,676 | 2,857 | 250 | 2013 | 08/12 | (m) | 40 | |||||||||||||||||||
McKinney, TX | — | 1,443 | — | 1,255 | — | 1,443 | 1,255 | 2,698 | 179 | 2013 | 11/12 | (m) | 40 | |||||||||||||||||||
Tulsa, OK | — | 1,006 | — | 1,508 | — | 1,006 | 1,508 | 2,514 | 215 | 2013 | 12/12 | (m) | 40 | |||||||||||||||||||
Broken Arrow, OK | — | 1,267 | 1,285 | — | — | 1,267 | 1,285 | 2,552 | 173 | 2013 | 04/13 | 40 | ||||||||||||||||||||
Oklahoma City, OK | — | 1,217 | — | 1,312 | — | 1,217 | 1,312 | 2,529 | 165 | 2013 | 06/13 | (m) | 40 | |||||||||||||||||||
Oklahoma City, OK | — | 988 | — | 1,268 | — | 988 | 1,268 | 2,256 | 165 | 2013 | 06/13 | (m) | 40 | |||||||||||||||||||
Owasso, OK | — | 641 | — | 1,313 | — | 641 | 1,313 | 1,954 | 163 | 2014 | 09/13 | (m) | 40 | |||||||||||||||||||
Longview, TX | — | 1,020 | — | 1,488 | — | 1,020 | 1,488 | 2,508 | 166 | 2014 | 02/14 | (m) | 40 | |||||||||||||||||||
Georgetown, TX | — | 1,101 | — | 1,830 | — | 1,101 | 1,830 | 2,931 | 196 | 2014 | 05/14 | (m) | 40 | |||||||||||||||||||
Centennial, CO | — | 2,083 | — | 2,217 | — | 2,083 | 2,217 | 4,300 | 67 | 2017 | 04/17 | (m) | 40 | |||||||||||||||||||
Rallys: | ||||||||||||||||||||||||||||||||
Toledo, OH | — | 126 | 320 | — | — | 126 | 320 | 446 | 219 | 1989 | 07/92 | 39 | ||||||||||||||||||||
RBC Bank: | ||||||||||||||||||||||||||||||||
Altamonte Springs, FL | — | 1,316 | 2,014 | — | — | 1,316 | 2,014 | 3,330 | 496 | 2007 | 05/10 | 35 | ||||||||||||||||||||
Regal Theatre: | ||||||||||||||||||||||||||||||||
Bolingbrook, IL | — | 2,937 | 3,032 | 1,500 | — | 2,937 | 4,532 | 7,469 | 1,417 | 1994 | 09/07 | 30 | ||||||||||||||||||||
Rent-A-Center: | ||||||||||||||||||||||||||||||||
Cohoes, NY | — | 64 | 348 | 242 | — | 64 | 590 | 654 | 146 | 1994 | 09/04 | 40 | ||||||||||||||||||||
Rite Aid: | ||||||||||||||||||||||||||||||||
Mobile, AL (n) | — | 1,137 | 1,694 | — | — | 1,137 | 1,694 | 2,831 | 722 | 2000 | 12/01 | 40 | ||||||||||||||||||||
Norfolk, VA | — | 2,742 | 1,797 | — | — | 2,742 | 1,797 | 4,539 | 758 | 2001 | 02/02 | 40 | ||||||||||||||||||||
Thorndale, PA | — | 2,261 | 2,472 | — | — | 2,261 | 2,472 | 4,733 | 1,043 | 2001 | 02/02 | 40 | ||||||||||||||||||||
West Mifflin, PA | — | 1,402 | 2,044 | — | — | 1,402 | 2,044 | 3,446 | 862 | 1999 | 02/02 | 40 | ||||||||||||||||||||
Clinton Twp, MI | — | 977 | 1,664 | — | — | 977 | 1,664 | 2,641 | 266 | 1998 | 03/14 | 30 | ||||||||||||||||||||
Dowagiac, MI | — | 409 | 1,609 | — | — | 409 | 1,609 | 2,018 | 257 | 1998 | 03/14 | 30 | ||||||||||||||||||||
Rite Care Pharmacy: | ||||||||||||||||||||||||||||||||
Dallas, TX | — | 2,407 | 2,299 | 320 | — | 2,407 | 2,618 | 5,025 | 825 | 1971 | 06/05 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
RNR Wheels / RNR Tire Express: | ||||||||||||||||||||||||||||||||
Anderson, SC | — | 140 | 815 | — | — | 140 | 815 | 955 | 104 | 1996 | 07/14 | 35 | ||||||||||||||||||||
Road Ranger: | ||||||||||||||||||||||||||||||||
Springfield, IL | — | 705 | 1,500 | — | — | 705 | 1,500 | 2,205 | 470 | 1997 | 06/06 | 40 | ||||||||||||||||||||
Belvidere, IL | — | 1,098 | 1,256 | 1,257 | — | 1,098 | 2,513 | 3,611 | 643 | 1997 | 06/06 | 40 | ||||||||||||||||||||
Brazil, IN | — | 2,199 | 907 | — | — | 2,199 | 907 | 3,106 | 284 | 1990 | 06/06 | 40 | ||||||||||||||||||||
Cherry Valley, IL | — | 1,409 | 1,897 | — | — | 1,409 | 1,897 | 3,306 | 595 | 1991 | 06/06 | 40 | ||||||||||||||||||||
Cottage Grove, WI | — | 2,175 | 1,733 | 2 | — | 2,098 | 1,733 | 3,831 | 543 | 1990 | 06/06 | 40 | ||||||||||||||||||||
Decatur, IL | — | 815 | 1,314 | — | — | 815 | 1,314 | 2,129 | 412 | 2002 | 06/06 | 40 | ||||||||||||||||||||
Dekalb, IL | — | 747 | 1,658 | — | — | 747 | 1,658 | 2,405 | 520 | 2000 | 06/06 | 40 | ||||||||||||||||||||
Elk Run Heights, IA | — | 1,538 | 2,470 | — | — | 1,538 | 2,470 | 4,008 | 775 | 1989 | 06/06 | 40 | ||||||||||||||||||||
Lake Station, IN | — | 3,172 | 1,112 | — | — | 3,172 | 1,112 | 4,284 | 349 | 1987 | 06/06 | 40 | ||||||||||||||||||||
Mendota, IL | — | 1,218 | 3,295 | — | — | 1,218 | 3,295 | 4,513 | 822 | 1996 | 06/06 | 40 | ||||||||||||||||||||
Oakdale, WI | — | 1,844 | 1,663 | — | — | 1,844 | 1,663 | 3,507 | 521 | 1998 | 06/06 | 40 | ||||||||||||||||||||
Rockford, IL | — | 1,094 | 1,662 | — | — | 1,093 | 1,662 | 2,755 | 521 | 1996 | 06/06 | 40 | ||||||||||||||||||||
Rockford, IL | — | 623 | 1,331 | 7 | — | 596 | 803 | 1,399 | 252 | 2000 | 06/06 | 40 | ||||||||||||||||||||
Springfield, IL | — | 1,795 | 1,863 | — | — | 2,211 | 1,863 | 4,074 | 692 | 1978 | 06/06 | 40 | ||||||||||||||||||||
Champaign, IL | — | 3,241 | 2,008 | — | — | 3,241 | 2,008 | 5,249 | 596 | 2006 | 02/07 | 40 | ||||||||||||||||||||
DeKalb, IL | — | 505 | 1,503 | — | — | 505 | 1,503 | 2,008 | 446 | 2004 | 02/07 | 40 | ||||||||||||||||||||
Fenton, MO | — | 2,584 | 2,622 | — | — | 2,584 | 2,622 | 5,206 | 778 | 2007 | 02/07 | 40 | ||||||||||||||||||||
Hampshire, IL | — | 1,307 | 1,501 | 1,629 | — | 1,307 | 3,130 | 4,437 | 904 | 1988 | 02/07 | (f) | 40 | |||||||||||||||||||
Princeton, IL (n) | — | 1,141 | 3,066 | — | — | 1,141 | 3,066 | 4,207 | 910 | 2003 | 02/07 | 40 | ||||||||||||||||||||
South Beloit, IL | — | 3,824 | 2,309 | — | — | 3,824 | 2,309 | 6,133 | 685 | 2002 | 02/07 | 40 | ||||||||||||||||||||
Cedar Rapids, IA | — | 1,025 | 984 | — | — | 1,025 | 984 | 2,009 | 290 | 1990 | 03/07 | 40 | ||||||||||||||||||||
Marion, IA | — | 737 | 1,071 | — | — | 737 | 1,071 | 1,808 | 316 | 1974 | 03/07 | 40 | ||||||||||||||||||||
Okawville, IL | — | 1,530 | 1,147 | 1,034 | — | 1,536 | 2,181 | 3,717 | 508 | 1997 | 08/07 | 40 | ||||||||||||||||||||
Dubuque, IA | — | 561 | 1,941 | — | — | 561 | 1,941 | 2,502 | 548 | 2000 | 09/07 | 40 | ||||||||||||||||||||
Belvidere, IL | — | 521 | 1,053 | — | — | 521 | 1,053 | 1,574 | 293 | 2008 | 09/07 | (f) | 40 | |||||||||||||||||||
South Beloit, IL | — | 1,182 | 1,324 | — | — | 1,182 | 1,324 | 2,506 | 368 | 2008 | 09/07 | (f) | 40 | |||||||||||||||||||
Chicago, IL | — | 1,350 | 6,450 | — | — | 1,350 | 6,450 | 7,800 | 1,666 | 1970 | 07/12 | 25 | ||||||||||||||||||||
Bensenville, IL | — | 842 | 3,164 | — | — | 842 | 3,164 | 4,006 | 400 | 2002 | 03/15 | 30 | ||||||||||||||||||||
Loves Park, IL | — | 911 | 2,283 | — | — | 911 | 2,283 | 3,194 | 247 | 2010 | 03/15 | 35 | ||||||||||||||||||||
Roadrunner Markets: | ||||||||||||||||||||||||||||||||
Abingdon, VA | — | 820 | 4,005 | — | — | 820 | 4,005 | 4,825 | 195 | 2012 | 04/17 | 35 | ||||||||||||||||||||
Abingdon, VA | — | 251 | 1,817 | — | — | 251 | 1,817 | 2,068 | 103 | 2001 | 04/17 | 30 | ||||||||||||||||||||
Abingdon, VA | — | 396 | 1,479 | — | — | 396 | 1,479 | 1,875 | 84 | 1984 | 04/17 | 30 | ||||||||||||||||||||
Abingdon, VA | — | 261 | 1,711 | — | — | 261 | 1,711 | 1,972 | 117 | 1992 | 04/17 | 25 | ||||||||||||||||||||
Abingdon, VA | — | 542 | 890 | — | — | 542 | 890 | 1,432 | 61 | 1972 | 04/17 | 25 | ||||||||||||||||||||
Asheville, NC | — | 966 | 1,690 | — | — | 966 | 1,690 | 2,656 | 115 | 1983 | 04/17 | 25 | ||||||||||||||||||||
Asheville, NC | — | 995 | 1,169 | — | — | 995 | 1,169 | 2,164 | 80 | 1994 | 04/17 | 25 | ||||||||||||||||||||
Asheville, NC | — | 502 | 2,154 | — | — | 502 | 2,154 | 2,656 | 123 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Blountville, TN | — | 338 | 3,406 | — | — | 338 | 3,406 | 3,744 | 233 | 1968 | 04/17 | 25 | ||||||||||||||||||||
Blountville, TN | — | 242 | 1,189 | — | — | 242 | 1,189 | 1,431 | 81 | 1993 | 04/17 | 25 | ||||||||||||||||||||
Bluff City, TN | — | 174 | 2,587 | — | — | 174 | 2,587 | 2,761 | 147 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Bristol, TN | — | 232 | 1,006 | — | — | 232 | 1,006 | 1,238 | 69 | 1979 | 04/17 | 25 | ||||||||||||||||||||
Bristol, TN | — | 224 | 272 | — | — | 224 | 272 | 496 | 16 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Bristol, VA | — | 135 | 1,151 | — | — | 135 | 1,151 | 1,286 | 79 | 1988 | 04/17 | 25 | ||||||||||||||||||||
Bristol, VA | — | 174 | 814 | — | — | 174 | 814 | 988 | 46 | 1998 | 04/17 | 30 | ||||||||||||||||||||
Bristol, VA | — | 203 | 1,228 | — | — | 203 | 1,228 | 1,431 | 70 | 1986 | 04/17 | 30 | ||||||||||||||||||||
Bristol, VA | — | 290 | 2,077 | — | — | 290 | 2,077 | 2,367 | 142 | 1986 | 04/17 | 25 | ||||||||||||||||||||
Bristol, VA | — | 591 | 271 | — | — | 591 | 271 | 862 | 19 | 1980 | 04/17 | 25 | ||||||||||||||||||||
Chilhowie, VA | — | 213 | 2,154 | — | — | 213 | 2,154 | 2,367 | 123 | 2004 | 04/17 | 30 | ||||||||||||||||||||
Columbus, NC | — | 416 | 1,286 | — | — | 416 | 1,286 | 1,702 | 73 | 1998 | 04/17 | 30 | ||||||||||||||||||||
Columbus, NC | — | 242 | 1,730 | — | — | 242 | 1,730 | 1,972 | 118 | 1994 | 04/17 | 25 | ||||||||||||||||||||
Elizabethton, TN | — | 174 | 1,797 | — | — | 174 | 1,797 | 1,971 | 123 | 1969 | 04/17 | 25 | ||||||||||||||||||||
Elizabethtown, TN | — | 521 | 1,642 | — | — | 521 | 1,642 | 2,163 | 93 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Erwin, TN | — | 425 | 3,512 | — | — | 425 | 3,512 | 3,937 | 200 | 2002 | 04/17 | 30 | ||||||||||||||||||||
Erwin, TN | — | 426 | 861 | — | — | 426 | 861 | 1,287 | 59 | 1989 | 04/17 | 25 | ||||||||||||||||||||
Glade Spring, VA | — | 570 | 3,369 | — | — | 570 | 3,369 | 3,939 | 230 | 1991 | 04/17 | 25 | ||||||||||||||||||||
Gray, TN | — | 348 | 2,114 | — | — | 348 | 2,114 | 2,462 | 144 | 1983 | 04/17 | 25 | ||||||||||||||||||||
Greeneville, TN | — | 406 | 1,565 | — | — | 406 | 1,565 | 1,971 | 76 | 2016 | 04/17 | 35 | ||||||||||||||||||||
Hampton, TN | — | 232 | 2,481 | — | — | 232 | 2,481 | 2,713 | 141 | 1998 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 136 | 900 | — | — | 136 | 900 | 1,036 | 51 | 1995 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 454 | 1,025 | — | — | 454 | 1,025 | 1,479 | 58 | 1996 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 511 | 3,232 | — | — | 511 | 3,232 | 3,743 | 184 | 1998 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 1,023 | 2,181 | — | — | 1,023 | 2,181 | 3,204 | 124 | 1996 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 926 | 2,914 | — | — | 926 | 2,914 | 3,840 | 166 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 531 | 1,343 | — | — | 531 | 1,343 | 1,874 | 76 | 1989 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 454 | 2,008 | — | — | 454 | 2,008 | 2,462 | 98 | 2014 | 04/17 | 35 | ||||||||||||||||||||
Johnson City, TN | — | 579 | 2,133 | — | — | 579 | 2,133 | 2,712 | 121 | 2005 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 358 | 822 | — | — | 358 | 822 | 1,180 | 47 | 1987 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 212 | 2,153 | — | — | 212 | 2,153 | 2,365 | 123 | 2006 | 04/17 | 30 | ||||||||||||||||||||
Johnson City, TN | — | 415 | 1,459 | — | — | 415 | 1,459 | 1,874 | 83 | 2004 | 04/17 | 30 | ||||||||||||||||||||
Jonesborough, TN | — | 531 | 3,107 | — | — | 531 | 3,107 | 3,638 | 152 | 2013 | 04/17 | 35 | ||||||||||||||||||||
Jonesborough, TN | — | 145 | 1,334 | — | — | 145 | 1,334 | 1,479 | 91 | 1983 | 04/17 | 25 | ||||||||||||||||||||
Jonesborough, TN | — | 299 | 2,163 | — | — | 299 | 2,163 | 2,462 | 92 | 2010 | 04/17 | 40 | ||||||||||||||||||||
Kingsport, TN | — | 463 | 1,999 | — | — | 463 | 1,999 | 2,462 | 98 | 2016 | 04/17 | 35 | ||||||||||||||||||||
Kingsport, TN | — | 97 | 891 | — | — | 97 | 891 | 988 | 61 | 1979 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 214 | 282 | — | — | 214 | 282 | 496 | 19 | 1979 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 319 | 1,160 | — | — | 319 | 1,160 | 1,479 | 66 | 2001 | 04/17 | 30 | ||||||||||||||||||||
Kingsport, TN | — | 222 | 1,257 | — | — | 222 | 1,257 | 1,479 | 86 | 1988 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 475 | 320 | — | — | 475 | 320 | 795 | 18 | 1987 | 04/17 | 30 | ||||||||||||||||||||
Kingsport, TN | — | 97 | 1,382 | — | — | 97 | 1,382 | 1,479 | 94 | 1973 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 107 | 534 | — | — | 107 | 534 | 641 | 36 | 1976 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 415 | 1,555 | — | — | 415 | 1,555 | 1,970 | 106 | 1983 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 521 | 2,683 | — | — | 521 | 2,683 | 3,204 | 183 | 1993 | 04/17 | 25 | ||||||||||||||||||||
Kingsport, TN | — | 359 | 455 | — | — | 359 | 455 | 814 | 26 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Kingsport, TN | — | 521 | 2,336 | — | — | 521 | 2,336 | 2,857 | 133 | 1999 | 04/17 | 30 | ||||||||||||||||||||
Kingsport, TN | — | 106 | 1,623 | — | — | 106 | 1,623 | 1,729 | 111 | 1972 | 04/17 | 25 | ||||||||||||||||||||
Landrum, SC | — | 676 | 4,005 | — | — | 676 | 4,005 | 4,681 | 228 | 1999 | 04/17 | 30 | ||||||||||||||||||||
Lebanon, VA | — | 155 | 1,084 | — | — | 155 | 1,084 | 1,239 | 62 | 1998 | 04/17 | 30 | ||||||||||||||||||||
Lebanon, VA | — | 222 | 1,749 | — | — | 222 | 1,749 | 1,971 | 120 | 1989 | 04/17 | 25 | ||||||||||||||||||||
Marion, VA | — | 550 | 2,501 | — | — | 550 | 2,501 | 3,051 | 171 | 1994 | 04/17 | 25 | ||||||||||||||||||||
Morristown, TN | — | 242 | 601 | — | — | 242 | 601 | 843 | 41 | 1976 | 04/17 | 25 | ||||||||||||||||||||
Morristown, TN | — | 280 | 1,449 | — | — | 280 | 1,449 | 1,729 | 99 | 1976 | 04/17 | 25 | ||||||||||||||||||||
Morristown, TN | — | 116 | 727 | — | — | 116 | 727 | 843 | 50 | 1974 | 04/17 | 25 | ||||||||||||||||||||
Piney Flats, TN | — | 463 | 2,191 | — | — | 463 | 2,191 | 2,654 | 125 | 1983 | 04/17 | 30 | ||||||||||||||||||||
Rural Retreat, VA | — | 319 | 2,540 | — | — | 319 | 2,540 | 2,859 | 174 | 1991 | 04/17 | 25 | ||||||||||||||||||||
Waynesville, NC | — | 261 | 2,395 | — | — | 261 | 2,395 | 2,656 | 136 | 1997 | 04/17 | 30 | ||||||||||||||||||||
Robbins Diamonds: | ||||||||||||||||||||||||||||||||
Newark, DE | — | 636 | 1,273 | 38 | — | 629 | 1,311 | 1,940 | 773 | 1994 | 12/94 | 40 | ||||||||||||||||||||
Ross Dress for Less: | ||||||||||||||||||||||||||||||||
Coral Gables, FL | — | 1,782 | 1,661 | 19 | — | 1,782 | 1,680 | 3,462 | 909 | 1994 | 06/96 | 38 | ||||||||||||||||||||
Lodi, CA | — | 614 | 1,415 | — | — | 614 | 1,415 | 2,029 | 538 | 1984 | 03/99 | 40 | ||||||||||||||||||||
Ruby Tuesday: | ||||||||||||||||||||||||||||||||
Americus, GA | — | 371 | 832 | — | — | 371 | 832 | 1,203 | 29 | 2007 | 12/17 | 30 | ||||||||||||||||||||
Arvada, CO | — | 705 | 633 | — | — | 705 | 633 | 1,338 | 22 | 1996 | 12/17 | 30 | ||||||||||||||||||||
Ashland, KY | — | 623 | 1,084 | — | — | 623 | 1,084 | 1,707 | 38 | 2003 | 12/17 | 30 | ||||||||||||||||||||
Athens, AL | — | 895 | 308 | — | — | 895 | 308 | 1,203 | 11 | 2005 | 12/17 | 30 | ||||||||||||||||||||
Austintown, OH | — | 244 | 1,265 | — | — | 244 | 1,265 | 1,509 | 44 | 2003 | 12/17 | 30 | ||||||||||||||||||||
Bedford, VA | — | 696 | 606 | — | — | 696 | 606 | 1,302 | 21 | 2006 | 12/17 | 30 | ||||||||||||||||||||
Big Rapids, MI | — | 452 | 958 | — | — | 452 | 958 | 1,410 | 33 | 2006 | 12/17 | 30 | ||||||||||||||||||||
Branson, MO | — | 597 | 822 | — | — | 597 | 822 | 1,419 | 34 | 1994 | 12/17 | 25 | ||||||||||||||||||||
Columbia, MD | — | 1,760 | 244 | — | — | 1,760 | 244 | 2,004 | 10 | 1994 | 12/17 | 25 | ||||||||||||||||||||
Concord, NC | — | 778 | 425 | — | — | 778 | 425 | 1,203 | 15 | 2003 | 12/17 | 30 | ||||||||||||||||||||
Edinburgh, IN | — | 533 | 1,210 | — | — | 533 | 1,210 | 1,743 | 42 | 2005 | 12/17 | 30 | ||||||||||||||||||||
Farmville, VA | — | 461 | 742 | — | — | 461 | 742 | 1,203 | 26 | 2005 | 12/17 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 370 | 1,436 | — | — | 370 | 1,436 | 1,806 | 50 | 2000 | 12/17 | 30 | ||||||||||||||||||||
Florence, SC | — | 406 | 1,400 | — | — | 406 | 1,400 | 1,806 | 49 | 2002 | 12/17 | 30 | ||||||||||||||||||||
Fuquay-Varina, NC | — | 606 | 804 | — | — | 606 | 804 | 1,410 | 28 | 2003 | 12/17 | 30 | ||||||||||||||||||||
Hopewell, VA | — | 632 | 976 | — | — | 632 | 976 | 1,608 | 34 | 2005 | 12/17 | 30 | ||||||||||||||||||||
Indianapolis, IN | — | 877 | 326 | — | — | 877 | 326 | 1,203 | 10 | 2007 | 12/17 | 35 | ||||||||||||||||||||
Inverness, FL | — | 587 | 1,219 | — | — | 587 | 1,219 | 1,806 | 36 | 2006 | 12/17 | 35 | ||||||||||||||||||||
Jacksonville, FL | — | 833 | 244 | — | — | 833 | 244 | 1,077 | 8 | 2003 | 12/17 | 30 | ||||||||||||||||||||
Kingsland, GA | — | 1,066 | 641 | — | — | 1,066 | 641 | 1,707 | 22 | 2006 | 12/17 | 30 | ||||||||||||||||||||
Leeds, AL | — | 280 | 923 | — | — | 280 | 923 | 1,203 | 32 | 1999 | 12/17 | 30 | ||||||||||||||||||||
Lincoln, NE | — | 361 | 1,445 | — | — | 361 | 1,445 | 1,806 | 50 | 2002 | 12/17 | 30 | ||||||||||||||||||||
New Bern, NC | — | 470 | 832 | — | — | 470 | 832 | 1,302 | 29 | 2005 | 12/17 | 30 | ||||||||||||||||||||
New Port Richey, FL | — | 461 | 841 | — | — | 461 | 841 | 1,302 | 29 | 2001 | 12/17 | 30 | ||||||||||||||||||||
North Platte, NE | — | 515 | 1,093 | — | — | 515 | 1,093 | 1,608 | 33 | 2007 | 12/17 | 35 | ||||||||||||||||||||
Orangeburg, SC | — | 605 | 1,399 | — | — | 605 | 1,399 | 2,004 | 49 | 2001 | 12/17 | 30 | ||||||||||||||||||||
Roanoke, VA | — | 606 | 804 | — | — | 606 | 804 | 1,410 | 28 | 2001 | 12/17 | 30 | ||||||||||||||||||||
Royal Palm Beach, FL | — | 994 | 416 | — | — | 994 | 416 | 1,410 | 14 | 2002 | 12/17 | 30 | ||||||||||||||||||||
St. Augustine, FL | — | 1,255 | 551 | — | — | 1,255 | 551 | 1,806 | 19 | 2004 | 12/17 | 30 | ||||||||||||||||||||
Terre Haute, IN | — | 371 | 832 | — | — | 371 | 832 | 1,203 | 29 | 2006 | 12/17 | 30 | ||||||||||||||||||||
Troy, AL | — | 226 | 1,184 | — | — | 226 | 1,184 | 1,410 | 41 | 2004 | 12/17 | 30 | ||||||||||||||||||||
Vidalia, GA | — | 407 | 1,201 | — | — | 407 | 1,201 | 1,608 | 42 | 1998 | 12/17 | 30 | ||||||||||||||||||||
Warsaw, IN | — | 524 | 778 | — | — | 524 | 778 | 1,302 | 27 | 1999 | 12/17 | 30 | ||||||||||||||||||||
Waterville, ME | — | 145 | 1,463 | — | — | 145 | 1,463 | 1,608 | 51 | 2002 | 12/17 | 30 | ||||||||||||||||||||
Zephyrhills, FL | — | 849 | 957 | — | — | 849 | 957 | 1,806 | 33 | 2005 | 12/17 | 30 | ||||||||||||||||||||
Ruby's Place: | ||||||||||||||||||||||||||||||||
Swansea, IL | — | 46 | 133 | 87 | — | 46 | 220 | 266 | 42 | 1997 | 12/01 | (g) | 40 | |||||||||||||||||||
Rue 21: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 126 | 645 | — | — | 126 | 629 | 755 | 179 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Sally Beauty Supply: | ||||||||||||||||||||||||||||||||
Lapeer, MI | — | 33 | 167 | — | — | 33 | 163 | 196 | 46 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Salons by JC: | ||||||||||||||||||||||||||||||||
Buford, GA | — | 539 | 1,421 | 373 | — | 539 | 1,798 | 2,337 | 553 | 2003 | 07/04 | (g) | 40 | |||||||||||||||||||
Saltgrass Steakhouse: | ||||||||||||||||||||||||||||||||
San Marcos, TX | — | 837 | 1,453 | — | — | 837 | 1,453 | 2,290 | 441 | 2000 | 11/06 | 40 | ||||||||||||||||||||
Beaumont, TX | — | 558 | — | 2,336 | — | 901 | 1,819 | 2,720 | 407 | 1975 | 09/10 | (m) | 30 | |||||||||||||||||||
San Antonio, TX | — | 1,280 | — | 853 | — | 1,280 | 853 | 2,133 | 152 | 2011 | 08/11 | (m) | 40 | |||||||||||||||||||
Cypress, TX | — | 1,071 | — | 1,886 | — | 1,071 | 1,886 | 2,957 | 305 | 2012 | 03/12 | (m) | 40 | |||||||||||||||||||
Midland, TX | — | 837 | 2,073 | — | — | 837 | 2,073 | 2,910 | 328 | 1998 | 01/13 | 35 | ||||||||||||||||||||
Port Arthur, TX | — | 890 | — | 2,049 | — | 890 | 2,049 | 2,939 | 254 | 2014 | 08/13 | (m) | 40 | |||||||||||||||||||
McAllen, TX | — | 1,390 | — | 1,148 | — | 1,393 | 1,146 | 2,539 | 151 | 2007 | 12/13 | (m) | 35 | |||||||||||||||||||
College Station, TX | — | 934 | — | 2,076 | — | 934 | 2,076 | 3,010 | 223 | 2014 | 04/14 | (m) | 40 | |||||||||||||||||||
Lewisville, TX | — | 1,268 | — | 2,456 | — | 1,268 | 2,456 | 3,724 | 189 | 2015 | 11/14 | (m) | 40 | |||||||||||||||||||
Waco, TX | — | 730 | — | 2,321 | — | 730 | 2,321 | 3,051 | 191 | 2015 | 12/14 | (m) | 40 | |||||||||||||||||||
Odessa, TX | — | 1,000 | — | 2,410 | — | 1,000 | 2,410 | 3,410 | 183 | 2015 | 01/15 | (m) | 40 | |||||||||||||||||||
Lubbock, TX | — | 1,025 | — | 2,251 | — | 1,025 | 2,251 | 3,276 | 152 | 2016 | 10/15 | (m) | 40 | |||||||||||||||||||
Baytown, TX | — | 1,208 | — | 2,455 | — | 1,208 | 2,455 | 3,663 | 120 | 2017 | 07/16 | (m) | 40 | |||||||||||||||||||
Corpus Christi, TX | — | 1,008 | — | 2,580 | — | 1,008 | 2,580 | 3,588 | 150 | 2016 | 09/16 | (m) | 35 | |||||||||||||||||||
Tyler, TX | — | 1,622 | — | 2,615 | — | 1,622 | 2,615 | 4,237 | 101 | 2017 | 10/16 | (m) | 40 | |||||||||||||||||||
Oklahoma City, OK | — | 853 | — | 2,359 | — | 853 | 2,359 | 3,212 | 95 | 1996 | 06/17 | (o) | 30 | |||||||||||||||||||
Pasadena, TX | — | 1,498 | — | 2,783 | — | 1,498 | 2,783 | 4,281 | 72 | 2017 | 07/17 | (m) | 40 | |||||||||||||||||||
Little Rock, AR | — | 1,140 | — | 2,606 | — | 1,140 | 2,606 | 3,746 | 57 | 2017 | 08/17 | (m) | 40 | |||||||||||||||||||
Sherwood, AR | — | 1,166 | — | 2,666 | — | 1,166 | 2,666 | 3,832 | 47 | 2018 | 09/17 | (m) | 40 | |||||||||||||||||||
Tulsa, OK | — | 1,327 | — | 2,832 | — | 1,327 | 2,832 | 4,159 | 27 | 2018 | 01/18 | (m) | 40 | |||||||||||||||||||
Hoover, AL | — | 911 | — | 2,489 | — | 911 | 2,489 | 3,400 | 15 | 2003 | 03/18 | (o) | 35 | |||||||||||||||||||
Covington, LA | — | 1,185 | — | — | — | 1,185 | (e) | 1,185 | (e) | (e) | 04/18 | (m) | (e) | |||||||||||||||||||
The Colony, TX | — | 1,549 | — | — | — | 1,549 | (e) | 1,549 | (e) | (e) | 05/18 | (m) | (e) | |||||||||||||||||||
Save A Lot: | ||||||||||||||||||||||||||||||||
Memphis, TN | — | 404 | — | 1,278 | — | 404 | 1,278 | 1,682 | 643 | 1998 | 12/97 | (g) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Save on Gas and C-Store: | ||||||||||||||||||||||||||||||||
Wilkes-Barre, PA | — | 876 | 1,957 | — | — | 876 | 1,957 | 2,833 | 1,308 | 1998 | 08/05 | 20 | ||||||||||||||||||||
Hughesville, PA | — | 290 | 566 | — | — | 290 | 258 | 548 | 156 | 1977 | 01/06 | 40 | ||||||||||||||||||||
Savers Thrift Superstore: | ||||||||||||||||||||||||||||||||
Fairview Heights, IL | — | 1,258 | 2,623 | 246 | — | 1,258 | 2,869 | 4,127 | 907 | 1980 | 10/05 | (g) | 40 | |||||||||||||||||||
North Olmsted, OH | — | 1,613 | 4,549 | — | — | 1,613 | 4,549 | 6,162 | 402 | 1983 | 08/16 | 40 | ||||||||||||||||||||
Schlotzsky's Deli: | ||||||||||||||||||||||||||||||||
Phoenix, AZ | — | 706 | 315 | — | — | 706 | 315 | 1,021 | 134 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Scottsdale, AZ | — | 717 | 311 | — | — | 686 | 311 | 997 | 132 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Scotchman: | ||||||||||||||||||||||||||||||||
Hudson, NC | — | 512 | 2,485 | — | — | 512 | 2,485 | 2,997 | 86 | 2002 | 12/17 | 30 | ||||||||||||||||||||
Kings Mountain, NC | — | 533 | 1,985 | — | — | 533 | 1,985 | 2,518 | 69 | 1999 | 12/17 | 30 | ||||||||||||||||||||
Rock Hill, SC | — | 319 | 1,588 | — | — | 319 | 1,588 | 1,907 | 66 | 1992 | 12/17 | 25 | ||||||||||||||||||||
Rutherfordton, NC | — | 213 | 1,839 | — | — | 213 | 1,839 | 2,052 | 64 | 1999 | 12/17 | 30 | ||||||||||||||||||||
Rutherfordton, NC | — | 349 | 2,160 | — | — | 349 | 2,160 | 2,509 | 90 | 1990 | 12/17 | 25 | ||||||||||||||||||||
Shelby, NC | — | 320 | 2,189 | — | — | 320 | 2,189 | 2,509 | 91 | 1994 | 12/17 | 25 | ||||||||||||||||||||
Shelby, NC | — | 184 | 1,783 | — | — | 184 | 1,783 | 1,967 | 74 | 1990 | 12/17 | 25 | ||||||||||||||||||||
Season's 52: | ||||||||||||||||||||||||||||||||
Schaumburg, IL | — | 2,065 | 1,311 | — | — | 2,065 | (i) | 2,065 | (i) | (i) | 12/01 | (i) | ||||||||||||||||||||
Service First Automotive: | ||||||||||||||||||||||||||||||||
Katy, TX | — | 1,370 | 2,704 | — | — | 1,370 | 2,704 | 4,074 | 3 | 2018 | 12/18 | 40 | ||||||||||||||||||||
Spring, TX | — | 1,860 | 2,716 | — | — | 1,860 | 2,716 | 4,576 | 3 | 2018 | 12/18 | 40 | ||||||||||||||||||||
Service King: | ||||||||||||||||||||||||||||||||
The Colony, TX | — | 2,135 | 3,819 | — | — | 2,135 | 3,819 | 5,954 | 171 | 2016 | 03/17 | 40 | ||||||||||||||||||||
Shek's Chinese Express: | ||||||||||||||||||||||||||||||||
Eden Prairie, MN | — | 65 | 261 | — | — | 65 | 261 | 326 | 109 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Shell: | ||||||||||||||||||||||||||||||||
Glendale, AZ | — | 1,817 | 2,415 | 126 | — | 1,817 | 2,541 | 4,358 | 767 | 2001 | 05/08 | 40 | ||||||||||||||||||||
Peoria, AZ | — | 860 | 1,117 | 114 | — | 860 | 1,231 | 2,091 | 510 | 1987 | 05/08 | 30 | ||||||||||||||||||||
Shop-a-Snak: | ||||||||||||||||||||||||||||||||
Bessemer, AL | — | 564 | 742 | — | — | 564 | 742 | 1,306 | 234 | 2002 | 05/06 | 40 | ||||||||||||||||||||
Chelsea, AL | — | 391 | 628 | — | — | 391 | 628 | 1,019 | 198 | 1981 | 05/06 | 40 | ||||||||||||||||||||
Jasper, AL (n) | — | 551 | 747 | — | — | 551 | 747 | 1,298 | 236 | 1998 | 05/06 | 40 | ||||||||||||||||||||
Birmingham, AL | — | 446 | 672 | — | — | 446 | 672 | 1,118 | 212 | 1989 | 05/06 | 40 | ||||||||||||||||||||
Birmingham, AL | — | 361 | 744 | — | — | 361 | 744 | 1,105 | 235 | 1989 | 05/06 | 40 | ||||||||||||||||||||
Birmingham, AL | — | 439 | 704 | — | — | 439 | 704 | 1,143 | 222 | 1989 | 05/06 | 40 | ||||||||||||||||||||
Homewood, AL | — | 468 | 657 | — | — | 468 | 657 | 1,125 | 207 | 1990 | 05/06 | 40 | ||||||||||||||||||||
Hoover, AL | — | 764 | 1,157 | — | — | 663 | 1,157 | 1,820 | 365 | 2005 | 05/06 | 40 | ||||||||||||||||||||
Hoover, AL | — | 713 | 865 | — | — | 713 | 865 | 1,578 | 273 | 1998 | 05/06 | 40 | ||||||||||||||||||||
Hoover, AL | — | 490 | 769 | — | — | 444 | 769 | 1,213 | 243 | 1992 | 05/06 | 40 | ||||||||||||||||||||
Trussville, AL | — | 272 | 542 | — | — | 249 | 542 | 791 | 171 | 1992 | 05/06 | 40 | ||||||||||||||||||||
Tuscaloosa, AL | — | 386 | 733 | — | — | 386 | 733 | 1,119 | 231 | 1991 | 05/06 | 40 | ||||||||||||||||||||
Tuscaloosa, AL | — | 525 | 463 | — | — | 525 | 463 | 988 | 146 | 1991 | 05/06 | 40 | ||||||||||||||||||||
Tuscaloosa, AL | — | 432 | 559 | — | — | 432 | 559 | 991 | 177 | 1991 | 05/06 | 40 | ||||||||||||||||||||
Shopko: | ||||||||||||||||||||||||||||||||
Riverdale, UT | — | 2,294 | 5,396 | — | — | 2,294 | 5,396 | 7,690 | 836 | 1991 | 02/15 | 25 | ||||||||||||||||||||
Spokane, WA | — | 2,270 | 7,975 | — | — | 2,270 | 7,975 | 10,245 | 1,236 | 1986 | 02/15 | 25 | ||||||||||||||||||||
West Bend, WI | — | 1,435 | 7,654 | — | — | 1,435 | 7,654 | 9,089 | 1,186 | 1987 | 02/15 | 25 | ||||||||||||||||||||
Sleep Number: | ||||||||||||||||||||||||||||||||
Tucson, AZ | — | 906 | — | 1,271 | — | 906 | 1,271 | 2,177 | 123 | 2015 | 11/14 | (m) | 40 | |||||||||||||||||||
Billings, MT | — | 708 | — | 1,086 | — | 708 | 1,086 | 1,794 | 55 | 2016 | 08/16 | (m) | 40 | |||||||||||||||||||
Dublin, OH | — | 333 | — | 1,518 | — | 333 | 1,518 | 1,851 | 5 | 2014 | 09/18 | (o) | (k) | |||||||||||||||||||
Sleepy's: | ||||||||||||||||||||||||||||||||
Bay Shore, NY | — | 674 | 1,907 | — | — | 674 | 1,907 | 2,581 | 188 | 1985 | 07/16 | 25 | ||||||||||||||||||||
Bridgehampton, NY | — | 1,819 | 2,283 | — | — | 1,819 | 2,283 | 4,102 | 187 | 2003 | 07/16 | 30 | ||||||||||||||||||||
Dickson City, PA | — | 509 | 3,563 | — | — | 509 | 3,563 | 4,072 | 292 | 1998 | 07/16 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Farmingdale, NY | — | 522 | 2,021 | — | — | 522 | 2,021 | 2,543 | 199 | 1999 | 07/16 | 25 | ||||||||||||||||||||
Hasbrouck Heights, NJ | — | 609 | 989 | — | — | 609 | 989 | 1,598 | 97 | 1965 | 07/16 | 25 | ||||||||||||||||||||
Huntington Station, NY | — | 437 | 1,766 | — | — | 437 | 1,766 | 2,203 | 174 | 1990 | 07/16 | 25 | ||||||||||||||||||||
Ledgewood, NJ | — | 456 | 1,312 | — | — | 456 | 1,312 | 1,768 | 129 | 1981 | 07/16 | 25 | ||||||||||||||||||||
Middletown, NY | — | 351 | 3,232 | — | — | 351 | 3,232 | 3,583 | 318 | 1977 | 07/16 | 25 | ||||||||||||||||||||
Montgomeryville, PA | — | 283 | 3,084 | — | — | 283 | 3,084 | 3,367 | 303 | 1988 | 07/16 | 25 | ||||||||||||||||||||
Old Saybrook, CT | — | 691 | 3,595 | — | — | 691 | 3,595 | 4,286 | 442 | 1929 | 07/16 | 20 | ||||||||||||||||||||
Rockville Centre, NY | — | 732 | 951 | — | — | 732 | 951 | 1,683 | 117 | 1925 | 07/16 | 20 | ||||||||||||||||||||
Somers Point, NJ | — | 313 | 1,691 | — | — | 313 | 1,691 | 2,004 | 139 | 2004 | 07/16 | 30 | ||||||||||||||||||||
Watchung, NJ | — | 587 | 2,662 | — | — | 587 | 2,662 | 3,249 | 262 | 1981 | 07/16 | 25 | ||||||||||||||||||||
Waterford, CT | — | 615 | 2,736 | — | — | 615 | 2,736 | 3,351 | 269 | 1976 | 07/16 | 25 | ||||||||||||||||||||
Whitehall, PA | — | 218 | 1,177 | — | — | 218 | 1,177 | 1,395 | 96 | 2002 | 07/16 | 30 | ||||||||||||||||||||
Sonic: | ||||||||||||||||||||||||||||||||
Athens, AL | — | 275 | 672 | — | — | 275 | 672 | 947 | 36 | 1996 | 05/17 | 30 | ||||||||||||||||||||
Auburn, AL | — | 360 | 804 | — | — | 360 | 804 | 1,164 | 44 | 2002 | 05/17 | 30 | ||||||||||||||||||||
Auburn, AL | — | 379 | 710 | — | — | 379 | 710 | 1,089 | 38 | 1996 | 05/17 | 30 | ||||||||||||||||||||
Bedford, VA | — | 256 | 550 | — | — | 256 | 550 | 806 | 26 | 2007 | 05/17 | 35 | ||||||||||||||||||||
Bristol, TN | — | 237 | 569 | — | — | 237 | 569 | 806 | 31 | 2001 | 05/17 | 30 | ||||||||||||||||||||
Columbus, GA | — | 502 | 303 | — | — | 502 | 303 | 805 | 16 | 2001 | 05/17 | 30 | ||||||||||||||||||||
Columbus, GA | — | 341 | 531 | — | — | 341 | 531 | 872 | 29 | 1997 | 05/17 | 30 | ||||||||||||||||||||
Dandridge, TN | — | 142 | 730 | — | — | 142 | 730 | 872 | 40 | 2002 | 05/17 | 30 | ||||||||||||||||||||
Danville, VA | — | 331 | 691 | — | — | 331 | 691 | 1,022 | 32 | 2008 | 05/17 | 35 | ||||||||||||||||||||
Decatur, AL | — | 237 | 710 | — | — | 237 | 710 | 947 | 38 | 1998 | 05/17 | 30 | ||||||||||||||||||||
Florence, AL | — | 388 | 559 | — | — | 388 | 559 | 947 | 30 | 2001 | 05/17 | 30 | ||||||||||||||||||||
Forence, AL | — | 265 | 824 | — | — | 265 | 824 | 1,089 | 45 | 1997 | 05/17 | 30 | ||||||||||||||||||||
Greeneville, TN | — | 180 | 692 | — | — | 180 | 692 | 872 | 45 | 1990 | 05/17 | 25 | ||||||||||||||||||||
Hampton Cove, AL | — | 483 | 681 | — | — | 483 | 681 | 1,164 | 32 | 2006 | 05/17 | 35 | ||||||||||||||||||||
Huntsville, AL | — | 218 | 871 | — | — | 218 | 871 | 1,089 | 40 | 2008 | 05/17 | 35 | ||||||||||||||||||||
Huntsville, AL | — | 332 | 616 | — | — | 332 | 616 | 948 | 33 | 1999 | 05/17 | 30 | ||||||||||||||||||||
Huntsville, AL | — | 275 | 814 | — | — | 275 | 814 | 1,089 | 44 | 2001 | 05/17 | 30 | ||||||||||||||||||||
Huntsville, AL | — | 398 | 625 | — | — | 398 | 625 | 1,023 | 29 | 2005 | 05/17 | 35 | ||||||||||||||||||||
Huntsville, AL | — | 246 | 701 | — | — | 246 | 701 | 947 | 46 | 1992 | 05/17 | 25 | ||||||||||||||||||||
Johnson City, TN | — | 379 | 493 | — | — | 379 | 493 | 872 | 32 | 1994 | 05/17 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Kingsport, TN | — | 322 | 550 | — | — | 322 | 550 | 872 | 30 | 2000 | 05/17 | 30 | ||||||||||||||||||||
Knoxville, TN | — | 227 | 824 | — | — | 227 | 824 | 1,051 | 54 | 1987 | 05/17 | 25 | ||||||||||||||||||||
Lanett, AL | — | 322 | 550 | — | — | 322 | 550 | 872 | 30 | 1997 | 05/17 | 30 | ||||||||||||||||||||
Madison, AL | — | 303 | 720 | — | — | 303 | 720 | 1,023 | 39 | 1996 | 05/17 | 30 | ||||||||||||||||||||
Madison, AL | — | 454 | 634 | — | — | 454 | 634 | 1,088 | 34 | 2000 | 05/17 | 30 | ||||||||||||||||||||
Marion, VA | — | 95 | 852 | — | — | 95 | 852 | 947 | 46 | 1997 | 05/17 | 30 | ||||||||||||||||||||
Millbrook, AL | — | 549 | 540 | — | — | 549 | 540 | 1,089 | 29 | 2005 | 05/17 | 30 | ||||||||||||||||||||
Montgomery, AL | — | 227 | 644 | — | — | 227 | 644 | 871 | 35 | 1999 | 05/17 | 30 | ||||||||||||||||||||
Montgomery, AL | — | 729 | 360 | — | — | 729 | 360 | 1,089 | 17 | 2005 | 05/17 | 35 | ||||||||||||||||||||
Morristown, TN | — | 123 | 607 | — | — | 123 | 607 | 730 | 39 | 1977 | 05/17 | 25 | ||||||||||||||||||||
Morristown, TN | — | 275 | 597 | — | — | 275 | 597 | 872 | 39 | 1985 | 05/17 | 25 | ||||||||||||||||||||
Moulton, AL | — | 379 | 710 | — | — | 379 | 710 | 1,089 | 38 | 2005 | 05/17 | 30 | ||||||||||||||||||||
Muscle Shoals, AL | — | 208 | 880 | — | — | 208 | 880 | 1,088 | 48 | 1995 | 05/17 | 30 | ||||||||||||||||||||
Newport, TN | — | 142 | 664 | — | — | 142 | 664 | 806 | 36 | 2000 | 05/17 | 30 | ||||||||||||||||||||
North Tazewell, VA | — | 114 | 758 | — | — | 114 | 758 | 872 | 41 | 1993 | 05/17 | 30 | ||||||||||||||||||||
Norton, VA | — | 133 | 739 | — | — | 133 | 739 | 872 | 34 | 2007 | 05/17 | 35 | ||||||||||||||||||||
Opelika, AL | — | 663 | 360 | — | — | 663 | 360 | 1,023 | 19 | 2006 | 05/17 | 30 | ||||||||||||||||||||
Phenix City, AL | — | 322 | 701 | — | — | 322 | 701 | 1,023 | 38 | 1997 | 05/17 | 30 | ||||||||||||||||||||
Prattville, AL | — | 388 | 634 | — | — | 388 | 634 | 1,022 | 34 | 1994 | 05/17 | 30 | ||||||||||||||||||||
Roanoke, VA | — | 265 | 757 | — | — | 265 | 757 | 1,022 | 35 | 2006 | 05/17 | 35 | ||||||||||||||||||||
Rogersville, TN | — | 57 | 815 | — | — | 57 | 815 | 872 | 44 | 1996 | 05/17 | 30 | ||||||||||||||||||||
Sevierville, TN | — | 436 | 511 | — | — | 436 | 511 | 947 | 33 | 1988 | 05/17 | 25 | ||||||||||||||||||||
Sonic Automotive: | ||||||||||||||||||||||||||||||||
Charlotte, NC | — | 3,619 | 4,854 | — | — | 3,619 | 4,854 | 8,473 | 1,411 | 1996 | 05/07 | 40 | ||||||||||||||||||||
Sparkling Image: | ||||||||||||||||||||||||||||||||
Bakersfield, CA | — | 2,798 | 5,260 | 22 | — | 1,781 | 284 | 2,065 | 268 | 1997 | 03/08 | 35 | ||||||||||||||||||||
Bakersfield, CA | — | 3,664 | 3,709 | 11 | — | 3,664 | 3,721 | 7,385 | 1,146 | 1994 | 03/08 | 35 | ||||||||||||||||||||
Bakersfield, CA | — | 2,043 | 3,520 | 40 | — | 2,043 | 719 | 2,762 | 361 | 1988 | 03/08 | 30 | ||||||||||||||||||||
Bakersfield, CA | — | 3,363 | 3,288 | — | — | 3,363 | 3,288 | 6,651 | 887 | 2002 | 03/08 | 40 | ||||||||||||||||||||
Bakersfield, CA | — | 3,346 | 6,016 | — | — | 3,346 | 6,016 | 9,362 | 1,852 | 1998 | 03/08 | 35 | ||||||||||||||||||||
Bakersfield, CA | — | 2,564 | 4,465 | 2,178 | — | 2,564 | 6,643 | 9,207 | 2,245 | 1988 | 03/08 | 30 | ||||||||||||||||||||
San Fernando, CA | — | 6,630 | 2,706 | 47 | — | 6,630 | 2,753 | 9,383 | 993 | 1988 | 03/08 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Ventura, CA | — | 6,253 | 4,560 | 207 | — | 5,813 | 4,767 | 10,580 | 1,461 | 1994 | 03/08 | 35 | ||||||||||||||||||||
Ventura, CA | — | 5,590 | 4,431 | 94 | — | 5,590 | 4,526 | 10,116 | 1,217 | 2001 | 03/08 | 40 | ||||||||||||||||||||
Spec's Liquor and Fine Foods: | ||||||||||||||||||||||||||||||||
Corpus Christi, TX | — | 768 | 841 | 601 | — | 768 | 1,442 | 2,210 | 796 | 1967 | 11/93 | 40 | ||||||||||||||||||||
Coffee City, TX | — | 1,330 | 3,858 | — | — | 1,330 | 3,858 | 5,188 | 1,338 | 1996 | 02/05 | 40 | ||||||||||||||||||||
Speedy Cash: | ||||||||||||||||||||||||||||||||
Knoxville, TN | — | 324 | 779 | 4 | — | 324 | 782 | 1,106 | 83 | 2014 | 04/15 | 35 | ||||||||||||||||||||
Chicago, IL | — | 317 | 859 | — | — | 317 | 859 | 1,176 | 68 | 2014 | 03/16 | 35 | ||||||||||||||||||||
Spencer’s Air Conditioning & Appliance: | ||||||||||||||||||||||||||||||||
Glendale, AZ | — | 342 | 982 | — | — | 342 | 982 | 1,324 | 477 | 1999 | 12/98 | (g) | 40 | |||||||||||||||||||
Sprint PCS: | ||||||||||||||||||||||||||||||||
Lewisville, TX | — | 555 | — | 1,172 | — | 598 | 1,128 | 1,726 | 81 | 2016 | 12/01 | (m) | 40 | |||||||||||||||||||
Staples: | ||||||||||||||||||||||||||||||||
Memphis, TN | — | 931 | 2,210 | — | — | 931 | 2,210 | 3,141 | 308 | 2011 | 02/14 | 35 | ||||||||||||||||||||
Steak N Shake: | ||||||||||||||||||||||||||||||||
Munhall, PA | — | 688 | 727 | — | — | 688 | 727 | 1,415 | 130 | 2002 | 07/14 | 25 | ||||||||||||||||||||
South Bend, IN | — | 447 | 1,238 | — | — | 447 | 1,238 | 1,685 | 184 | 2004 | 07/14 | 30 | ||||||||||||||||||||
Sterling Collision: | ||||||||||||||||||||||||||||||||
Lombard, IL | — | 622 | 1,714 | — | — | 622 | 1,714 | 2,336 | 414 | 1997 | 12/12 | 25 | ||||||||||||||||||||
Stone Mountain Chevrolet: | ||||||||||||||||||||||||||||||||
Lilburn, GA (n) | — | 3,027 | 4,685 | — | — | 3,027 | 4,685 | 7,712 | 1,684 | 2004 | 08/04 | 40 | ||||||||||||||||||||
Stop N Go: | ||||||||||||||||||||||||||||||||
Grand Prairie, TX | — | 421 | 685 | — | — | 421 | 685 | 1,106 | 292 | 1986 | 12/01 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Stripes: | ||||||||||||||||||||||||||||||||
Laredo, TX (n) | — | 459 | 460 | — | — | 459 | 460 | 919 | 150 | 1983 | 12/05 | 40 | ||||||||||||||||||||
Lawton, OK (n) | — | 697 | 964 | — | — | 649 | 964 | 1,613 | 314 | 1984 | 12/05 | 40 | ||||||||||||||||||||
Wichita Falls, TX (n) | — | 440 | 751 | — | — | 440 | 751 | 1,191 | 245 | 1984 | 12/05 | 40 | ||||||||||||||||||||
Wichita Falls, TX (n) | — | 905 | 1,351 | — | — | 905 | 1,351 | 2,256 | 440 | 2000 | 12/05 | 40 | ||||||||||||||||||||
Wichita Falls, TX (n) | — | 484 | 828 | — | — | 484 | 828 | 1,312 | 270 | 1983 | 12/05 | 40 | ||||||||||||||||||||
Monahans, TX (n) | — | 2,628 | 2,973 | — | — | 2,628 | 2,973 | 5,601 | 827 | 1996 | 11/07 | 40 | ||||||||||||||||||||
Odessa, TX (n) | — | 2,633 | 3,199 | — | — | 2,633 | 3,199 | 5,832 | 890 | 2006 | 11/07 | 40 | ||||||||||||||||||||
San Angelo, TX (n) | — | 194 | 471 | — | — | 194 | 471 | 665 | 131 | 1998 | 11/07 | 40 | ||||||||||||||||||||
Harlingen, TX (n) | — | 329 | 935 | — | — | 329 | 935 | 1,264 | 342 | 1980 | 01/08 | 30 | ||||||||||||||||||||
Houston, TX (n) | — | 696 | 1,458 | — | — | 696 | 1,458 | 2,154 | 366 | 2008 | 12/08 | 40 | ||||||||||||||||||||
Lubbock, TX (n) | — | 671 | 1,612 | — | — | 671 | 1,612 | 2,283 | 405 | 2007 | 12/08 | 40 | ||||||||||||||||||||
Corpus Christi, TX | — | 661 | 2,624 | — | — | 661 | 2,624 | 3,285 | 623 | 1999 | 11/11 | 30 | ||||||||||||||||||||
Corpus Christi, TX | — | 412 | 2,356 | — | — | 412 | 2,356 | 2,768 | 560 | 1999 | 11/11 | 30 | ||||||||||||||||||||
Corpus Christi, TX | — | 450 | 1,370 | — | — | 450 | 1,370 | 1,820 | 325 | 1996 | 11/11 | 30 | ||||||||||||||||||||
Harlingen, TX | — | 230 | 2,356 | — | — | 230 | 2,356 | 2,586 | 560 | 2000 | 11/11 | 30 | ||||||||||||||||||||
Laredo, TX | — | 938 | 5,829 | — | — | 938 | 5,829 | 6,767 | 1,384 | 1995 | 11/11 | 30 | ||||||||||||||||||||
Laredo, TX | — | 441 | 1,935 | — | — | 441 | 1,935 | 2,376 | 394 | 2002 | 11/11 | 35 | ||||||||||||||||||||
Laredo, TX | — | 421 | 3,016 | — | — | 421 | 3,016 | 3,437 | 716 | 1998 | 11/11 | 30 | ||||||||||||||||||||
Laredo, TX | — | 335 | 2,509 | — | — | 335 | 2,509 | 2,844 | 596 | 1999 | 11/11 | 30 | ||||||||||||||||||||
Mercedes, TX | — | 556 | 1,523 | — | — | 556 | 1,523 | 2,079 | 362 | 1998 | 11/11 | 30 | ||||||||||||||||||||
Portland, TX | — | 488 | 4,710 | — | — | 488 | 4,710 | 5,198 | 1,119 | 1999 | 11/11 | 30 | ||||||||||||||||||||
Rockport, TX | — | 660 | 4,269 | — | — | 660 | 4,269 | 4,929 | 869 | 2008 | 11/11 | 35 | ||||||||||||||||||||
San Juan, TX | — | 565 | 1,179 | — | — | 565 | 1,179 | 1,744 | 280 | 1999 | 11/11 | 30 | ||||||||||||||||||||
Subway: | ||||||||||||||||||||||||||||||||
Eden Prairie, MN | — | 54 | 150 | 67 | — | 54 | 218 | 272 | 91 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Albany, NY | — | 3 | 67 | — | — | 3 | 67 | 70 | 24 | 1992 | 09/04 | 40 | ||||||||||||||||||||
Cohoes, NY | — | 21 | 116 | 8 | — | 21 | 123 | 144 | 49 | 1994 | 09/04 | 40 | ||||||||||||||||||||
Sunbelt Rentals: | ||||||||||||||||||||||||||||||||
Dayton, OH | — | 391 | 1,223 | — | — | 391 | 1,223 | 1,614 | 234 | 2008 | 04/12 | 35 | ||||||||||||||||||||
Shepherdsville, KY | — | 516 | 1,577 | — | — | 516 | 1,577 | 2,093 | 302 | 2009 | 04/12 | 35 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Sunoco: | ||||||||||||||||||||||||||||||||
Arnold, MD | — | 417 | 581 | — | — | 417 | 581 | 998 | 111 | 1993 | 04/13 | 30 | ||||||||||||||||||||
Baltimore, MD | — | 542 | 2,054 | — | — | 542 | 2,054 | 2,596 | 391 | 1998 | 04/13 | 30 | ||||||||||||||||||||
Baltimore, MD | — | 271 | 1,482 | — | — | 271 | 1,482 | 1,753 | 338 | 1968 | 04/13 | 25 | ||||||||||||||||||||
Baltimore, MD | — | 455 | 2,122 | — | — | 455 | 2,122 | 2,577 | 484 | 1980 | 04/13 | 25 | ||||||||||||||||||||
Baltimore, MD | — | 310 | 1,686 | — | — | 310 | 1,686 | 1,996 | 275 | 2004 | 04/13 | 35 | ||||||||||||||||||||
Baltimore, MD | — | 620 | 1,279 | — | — | 620 | 1,279 | 1,899 | 243 | 1989 | 04/13 | 30 | ||||||||||||||||||||
Baltimore, MD | — | 523 | 2,809 | — | — | 523 | 2,809 | 3,332 | 641 | 1982 | 04/13 | 25 | ||||||||||||||||||||
Baltimore, MD | — | 368 | 1,647 | — | — | 368 | 1,647 | 2,015 | 313 | 1996 | 04/13 | 30 | ||||||||||||||||||||
Bel Air, MD | — | 1,376 | 620 | — | — | 1,376 | 620 | 1,996 | 118 | 1994 | 04/13 | 30 | ||||||||||||||||||||
Bethesda, MD | — | 1,414 | 1,347 | — | — | 1,414 | 1,347 | 2,761 | 307 | 1971 | 04/13 | 25 | ||||||||||||||||||||
Centreville, VA | — | 1,753 | 697 | — | — | 1,753 | 697 | 2,450 | 133 | 1994 | 04/13 | 30 | ||||||||||||||||||||
Chantilly, VA | — | 1,472 | 1,831 | — | — | 1,472 | 1,831 | 3,303 | 418 | 1966 | 04/13 | 25 | ||||||||||||||||||||
Dale City, VA | — | 639 | 2,461 | — | — | 639 | 2,461 | 3,100 | 468 | 1992 | 04/13 | 30 | ||||||||||||||||||||
Dumfries, VA | — | 387 | 2,364 | — | — | 387 | 2,364 | 2,751 | 450 | 1999 | 04/13 | 30 | ||||||||||||||||||||
Edgewood, MD | — | 823 | 2,073 | — | — | 823 | 2,073 | 2,896 | 473 | 1985 | 04/13 | 25 | ||||||||||||||||||||
Frederick, MD | — | 940 | 1,860 | — | — | 940 | 1,860 | 2,800 | 354 | 1996 | 04/13 | 30 | ||||||||||||||||||||
Gaithersburg, MD | — | 1,027 | 2,073 | — | — | 1,027 | 2,073 | 3,100 | 473 | 1982 | 04/13 | 25 | ||||||||||||||||||||
Glen Burnie, MD | — | 804 | 1,647 | — | — | 804 | 1,647 | 2,451 | 313 | 1994 | 04/13 | 30 | ||||||||||||||||||||
Herndon, VA | — | 707 | 1,792 | — | — | 707 | 1,792 | 2,499 | 341 | 1989 | 04/13 | 30 | ||||||||||||||||||||
Joppa, MD | — | 862 | 174 | — | — | 862 | 174 | 1,036 | 40 | 1987 | 04/13 | 25 | ||||||||||||||||||||
Manassas, VA | — | 1,230 | 1,521 | — | — | 1,230 | 1,521 | 2,751 | 289 | 1991 | 04/13 | 30 | ||||||||||||||||||||
Manassas, VA | — | 746 | 1,434 | — | — | 746 | 1,434 | 2,180 | 273 | 1993 | 04/13 | 30 | ||||||||||||||||||||
Odenton, MD | — | 668 | 2,780 | — | — | 668 | 2,780 | 3,448 | 529 | 2000 | 04/13 | 30 | ||||||||||||||||||||
Owings Mills, MD | — | 1,337 | 911 | — | — | 1,337 | 911 | 2,248 | 173 | 1994 | 04/13 | 30 | ||||||||||||||||||||
Parkton, MD | — | 397 | 2,151 | — | — | 397 | 2,151 | 2,548 | 409 | 1993 | 04/13 | 30 | ||||||||||||||||||||
Pasadena, MD | — | 591 | 2,509 | — | — | 579 | 2,509 | 3,088 | 477 | 1997 | 04/13 | 30 | ||||||||||||||||||||
Pasadena, MD | — | 407 | 1,492 | — | — | 407 | 1,492 | 1,899 | 284 | 1989 | 04/13 | 30 | ||||||||||||||||||||
Perryville, MD | — | 601 | 3,778 | — | — | 601 | 3,778 | 4,379 | 719 | 1990 | 04/13 | 30 | ||||||||||||||||||||
Randallstown, MD | — | 746 | 1,715 | — | — | 746 | 1,715 | 2,461 | 326 | 1995 | 04/13 | 30 | ||||||||||||||||||||
Reisterstown, MD | — | 649 | 2,354 | — | — | 649 | 2,354 | 3,003 | 448 | 1995 | 04/13 | 30 | ||||||||||||||||||||
Rockville, MD | — | 1,996 | 2,054 | — | — | 1,996 | 2,054 | 4,050 | 469 | 1971 | 04/13 | 25 | ||||||||||||||||||||
Severn, MD | — | 765 | 3,139 | — | — | 765 | 3,139 | 3,904 | 597 | 1987 | 04/13 | 30 | ||||||||||||||||||||
Sterling, VA | — | 1,356 | 1,095 | — | — | 1,356 | 1,095 | 2,451 | 208 | 1997 | 04/13 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Sterling, VA (n) | — | 1,540 | 2,461 | — | — | 1,540 | 2,461 | 4,001 | 468 | 1998 | 04/13 | 30 | ||||||||||||||||||||
Timonium, MD | — | 1,356 | 1,598 | — | — | 1,356 | 1,598 | 2,954 | 365 | 1981 | 04/13 | 25 | ||||||||||||||||||||
Towson, MD | — | 630 | 2,771 | — | — | 630 | 2,771 | 3,401 | 633 | 1988 | 04/13 | 25 | ||||||||||||||||||||
Warrenton, VA | — | 1,802 | 2,703 | — | — | 1,802 | 2,703 | 4,505 | 514 | 1994 | 04/13 | 30 | ||||||||||||||||||||
Woodbridge, VA | — | 678 | 2,664 | — | — | 678 | 2,664 | 3,342 | 608 | 1988 | 04/13 | 25 | ||||||||||||||||||||
Sunshine Energy: | ||||||||||||||||||||||||||||||||
Kansas City, MO | — | 517 | 720 | — | — | 517 | 720 | 1,237 | 272 | 1993 | 07/09 | 25 | ||||||||||||||||||||
SunTrust: | ||||||||||||||||||||||||||||||||
Alexandria, VA | — | 2,735 | 732 | — | — | 2,735 | 732 | 3,467 | 271 | 1969 | 06/13 | 15 | ||||||||||||||||||||
Alpharetta, GA | — | 1,056 | 1,425 | — | — | 1,056 | 1,425 | 2,481 | 263 | 2005 | 06/13 | 30 | ||||||||||||||||||||
Alpharetta, GA | — | 1,625 | 1,366 | — | — | 1,625 | 1,366 | 2,991 | 378 | 1991 | 06/13 | 20 | ||||||||||||||||||||
Atlanta, GA | — | 2,130 | 1,623 | — | — | 2,130 | 1,623 | 3,753 | 450 | 1976 | 06/13 | 20 | ||||||||||||||||||||
Augusta, GA | — | 865 | 872 | — | — | 865 | 872 | 1,737 | 483 | 1972 | 06/13 | 10 | ||||||||||||||||||||
Belleview, FL | — | 226 | 1,085 | — | — | 226 | 1,085 | 1,311 | 200 | 1979 | 06/13 | 30 | ||||||||||||||||||||
Beverly Hills, FL | — | 376 | 1,414 | — | — | 376 | 1,414 | 1,790 | 261 | 1989 | 06/13 | 30 | ||||||||||||||||||||
Black Mountain, NC | — | 780 | 655 | — | — | 780 | 655 | 1,435 | 655 | 1943 | 06/13 | 5 | ||||||||||||||||||||
Bladensburg, MD | — | 1,528 | 1,538 | — | — | 1,528 | 1,538 | 3,066 | 284 | 1946 | 06/13 | 30 | ||||||||||||||||||||
Bradenton, FL | — | 437 | 1,251 | — | — | 429 | 1,251 | 1,680 | 231 | 1980 | 06/13 | 30 | ||||||||||||||||||||
Chattanooga, TN | — | 336 | 341 | — | — | 336 | 341 | 677 | 341 | 1974 | 06/13 | 5 | ||||||||||||||||||||
Chattanooga, TN | — | 260 | 374 | — | — | 260 | 374 | 634 | 374 | 1981 | 06/13 | 5 | ||||||||||||||||||||
Chattanooga, TN | — | 308 | 652 | — | — | 308 | 652 | 960 | 652 | 1972 | 06/13 | 5 | ||||||||||||||||||||
Conyers, GA | — | 366 | 501 | — | — | 366 | 501 | 867 | 277 | 1986 | 06/13 | 10 | ||||||||||||||||||||
Crystal River, FL | — | 430 | 2,971 | — | — | 430 | 2,971 | 3,401 | 470 | 1983 | 06/13 | 35 | ||||||||||||||||||||
Daytona Beach Shores, FL | — | 318 | 720 | — | — | 318 | 720 | 1,038 | 160 | 1982 | 06/13 | 25 | ||||||||||||||||||||
Deland, FL | — | 270 | 1,296 | — | — | 270 | 1,296 | 1,566 | 239 | 1993 | 06/13 | 30 | ||||||||||||||||||||
Doral, FL | — | 1,912 | 1,100 | — | — | 1,912 | 1,100 | 3,012 | 305 | 1988 | 06/13 | 20 | ||||||||||||||||||||
Duluth, GA | — | 851 | 845 | — | — | 851 | 845 | 1,696 | 234 | 1992 | 06/13 | 20 | ||||||||||||||||||||
Edgewater, FL | — | 419 | 1,417 | — | — | 419 | 1,417 | 1,836 | 262 | 1986 | 06/13 | 30 | ||||||||||||||||||||
Fort Myers, FL | — | 814 | 684 | — | — | 814 | 684 | 1,498 | 253 | 1986 | 06/13 | 15 | ||||||||||||||||||||
Greenacres City, FL | — | 1,395 | 1,533 | — | — | 1,395 | 1,533 | 2,928 | 283 | 1988 | 06/13 | 30 | ||||||||||||||||||||
Greensboro, NC | — | 516 | 394 | — | — | 430 | 394 | 824 | 394 | 1980 | 06/13 | 5 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Hialeah, FL | — | 2,578 | 1,149 | — | — | 2,578 | 1,149 | 3,727 | 637 | 1978 | 06/13 | 10 | ||||||||||||||||||||
Homosassa, FL | — | 344 | 825 | — | — | 344 | 825 | 1,169 | 183 | 1985 | 06/13 | 25 | ||||||||||||||||||||
Huntersville, NC | — | 177 | 830 | — | — | 177 | 830 | 1,007 | 184 | 1998 | 06/13 | 25 | ||||||||||||||||||||
Jacksonville, FL | — | 674 | 821 | — | — | 674 | 821 | 1,495 | 182 | 1987 | 06/13 | 25 | ||||||||||||||||||||
Jacksonville, FL | — | 938 | 926 | — | — | 938 | 926 | 1,864 | 257 | 1979 | 06/13 | 20 | ||||||||||||||||||||
Jonesboro, GA | — | 591 | 1,185 | — | — | 591 | 1,185 | 1,776 | 1,185 | 1965 | 06/13 | 5 | ||||||||||||||||||||
Jupiter, FL | — | 1,035 | 1,327 | — | — | 1,035 | 1,327 | 2,362 | 210 | 1998 | 06/13 | 35 | ||||||||||||||||||||
Kannapolis, NC | — | 850 | 834 | — | — | 850 | 834 | 1,684 | 834 | 1906 | 06/13 | 5 | ||||||||||||||||||||
Kernersville, NC | — | 284 | 708 | — | — | 284 | 708 | 992 | 262 | 1990 | 06/13 | 15 | ||||||||||||||||||||
Lady Lake, FL | — | 340 | 1,355 | — | — | 340 | 1,355 | 1,695 | 250 | 1996 | 06/13 | 30 | ||||||||||||||||||||
Lake City, TN | — | 326 | 514 | — | — | 326 | 514 | 840 | 514 | 1958 | 06/13 | 5 | ||||||||||||||||||||
Largo, FL | — | 258 | 643 | — | — | 258 | 643 | 901 | 178 | 1979 | 06/13 | 20 | ||||||||||||||||||||
Lawrenceburg, TN | — | 205 | 413 | — | — | 205 | 413 | 618 | 413 | 1975 | 06/13 | 5 | ||||||||||||||||||||
Lawrenceville, GA | — | 657 | 1,764 | — | — | 657 | 1,764 | 2,421 | 978 | 1985 | 06/13 | 10 | ||||||||||||||||||||
Lightfoot, VA | — | 177 | 512 | — | — | 177 | 512 | 689 | 284 | 1973 | 06/13 | 10 | ||||||||||||||||||||
Marietta, GA | — | 617 | 714 | — | — | 617 | 714 | 1,331 | 396 | 1974 | 06/13 | 10 | ||||||||||||||||||||
Mechanicsville, VA | — | 343 | 493 | — | — | 343 | 493 | 836 | 493 | 1965 | 06/13 | 5 | ||||||||||||||||||||
Monroe, NC | — | 586 | 353 | — | — | 586 | 353 | 939 | 353 | 1981 | 06/13 | 5 | ||||||||||||||||||||
Murfreesboro, TN | — | 276 | 554 | — | — | 276 | 554 | 830 | 205 | 1989 | 06/13 | 15 | ||||||||||||||||||||
N Miami Beach, FL | — | 915 | 497 | — | — | 915 | 497 | 1,412 | 184 | 1986 | 06/13 | 15 | ||||||||||||||||||||
Nashville, TN | — | 627 | 639 | — | — | 627 | 639 | 1,266 | 354 | 1972 | 06/13 | 10 | ||||||||||||||||||||
Nashville, TN | — | 438 | 1,295 | — | — | 438 | 1,295 | 1,733 | 239 | 1994 | 06/13 | 30 | ||||||||||||||||||||
New Port Richey, FL | — | 463 | 1,178 | — | — | 463 | 1,178 | 1,641 | 261 | 1998 | 06/13 | 25 | ||||||||||||||||||||
Norcross, GA | — | 789 | 663 | — | — | 789 | 663 | 1,452 | 245 | 1986 | 06/13 | 15 | ||||||||||||||||||||
Orlando, FL | — | 801 | 1,135 | — | — | 801 | 1,135 | 1,936 | 315 | 1993 | 06/13 | 20 | ||||||||||||||||||||
Palm Harbor, FL | — | 532 | 384 | — | — | 532 | 384 | 916 | 213 | 1983 | 06/13 | 10 | ||||||||||||||||||||
Punta Gorda, FL (n) | — | 1,483 | 1,330 | — | — | 1,483 | 1,330 | 2,813 | 368 | 1972 | 06/13 | 20 | ||||||||||||||||||||
Richmond, VA | — | 398 | 673 | — | — | 398 | 673 | 1,071 | 673 | 1972 | 06/13 | 5 | ||||||||||||||||||||
Richmond, VA | — | 283 | 245 | — | — | 283 | 245 | 528 | 245 | 1973 | 06/13 | 5 | ||||||||||||||||||||
Richmond, VA | — | 263 | 563 | — | — | 263 | 563 | 826 | 312 | 1981 | 06/13 | 10 | ||||||||||||||||||||
Roanoke, VA | — | 264 | 256 | — | — | 264 | 256 | 520 | 256 | 1973 | 06/13 | 5 | ||||||||||||||||||||
Roxboro, NC | — | 452 | 918 | — | — | 452 | 918 | 1,370 | 339 | 1983 | 06/13 | 15 | ||||||||||||||||||||
Sebastian, FL | — | 438 | 856 | — | — | 438 | 856 | 1,294 | 237 | 1987 | 06/13 | 20 | ||||||||||||||||||||
Sebring, FL | — | 326 | 920 | — | — | 326 | 920 | 1,246 | 204 | 1985 | 06/13 | 25 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
South Boston, VA | — | 221 | 1,441 | — | — | 221 | 1,441 | 1,662 | 399 | 1975 | 06/13 | 20 | ||||||||||||||||||||
Spartanburg, SC | — | 435 | 372 | — | — | 435 | 372 | 807 | 206 | 1921 | 06/13 | 10 | ||||||||||||||||||||
Spring Hill, FL | — | 460 | 1,102 | — | — | 460 | 1,102 | 1,562 | 1,102 | 1973 | 06/13 | 5 | ||||||||||||||||||||
Spring Hill, FL | — | 631 | 1,950 | — | — | 631 | 1,950 | 2,581 | 360 | 1988 | 06/13 | 30 | ||||||||||||||||||||
Stuart, FL (n) | — | 1,143 | 2,570 | — | — | 1,143 | 2,570 | 3,713 | 475 | 1985 | 06/13 | 30 | ||||||||||||||||||||
Sun City Center, FL (n) | — | 568 | 3,671 | — | — | 568 | 3,671 | 4,239 | 581 | 1971 | 06/13 | 35 | ||||||||||||||||||||
Tucker, GA | — | 395 | 1,208 | — | — | 395 | 1,208 | 1,603 | 335 | 1971 | 06/13 | 20 | ||||||||||||||||||||
Valrico, FL | — | 178 | 870 | — | — | 160 | 864 | 1,024 | 162 | 1981 | 06/13 | 30 | ||||||||||||||||||||
Virginia Beach, VA | — | 326 | 366 | — | — | 326 | 366 | 692 | 203 | 1985 | 06/13 | 10 | ||||||||||||||||||||
Wildwood, FL | — | 308 | 953 | — | — | 308 | 953 | 1,261 | 211 | 1978 | 06/13 | 25 | ||||||||||||||||||||
Superior Petroleum: | ||||||||||||||||||||||||||||||||
Midway, PA | — | 311 | 708 | — | — | 311 | 708 | 1,019 | 306 | 1990 | 01/06 | 30 | ||||||||||||||||||||
Supervalu: | ||||||||||||||||||||||||||||||||
Maple Heights, OH | — | 1,035 | 2,874 | — | — | 1,035 | 2,874 | 3,909 | 1,572 | 1985 | 02/97 | 40 | ||||||||||||||||||||
Sweet Berries Cafe: | ||||||||||||||||||||||||||||||||
Sherman, TX | — | 233 | 126 | 24 | — | 233 | 150 | 383 | 91 | 1969 | 09/06 | 20 | ||||||||||||||||||||
Taco Bell: | ||||||||||||||||||||||||||||||||
Ocala, FL | — | 275 | 755 | — | — | 275 | 755 | 1,030 | 322 | 2001 | 12/01 | 40 | ||||||||||||||||||||
Phoenix, AZ | — | 594 | 283 | — | — | 594 | 283 | 877 | 120 | 1995 | 12/01 | 40 | ||||||||||||||||||||
Bedford, IN | — | 797 | 937 | — | — | 797 | 937 | 1,734 | 296 | 1989 | 05/06 | 40 | ||||||||||||||||||||
Columbus, IN | — | 690 | 1,213 | — | — | 690 | 1,213 | 1,903 | 383 | 2005 | 05/06 | 40 | ||||||||||||||||||||
Columbus, IN | — | 1,257 | 2,055 | — | — | 1,257 | 2,055 | 3,312 | 648 | 1990 | 05/06 | 40 | ||||||||||||||||||||
Evansville, IN | — | 221 | 828 | — | — | 221 | 828 | 1,049 | 261 | 2003 | 05/06 | 40 | ||||||||||||||||||||
Evansville, IN | — | 308 | 1,301 | — | — | 308 | 1,301 | 1,609 | 410 | 2000 | 05/06 | 40 | ||||||||||||||||||||
Evansville, IN | — | 524 | 1,815 | — | — | 524 | 1,815 | 2,339 | 573 | 2005 | 05/06 | 40 | ||||||||||||||||||||
Fishers, IN | — | 990 | 486 | — | — | 990 | 486 | 1,476 | 153 | 1998 | 05/06 | 40 | ||||||||||||||||||||
Greensburg, IN | — | 648 | 1,079 | — | — | 648 | 1,079 | 1,727 | 341 | 1998 | 05/06 | 40 | ||||||||||||||||||||
Indianapolis, IN | — | 547 | 703 | — | — | 547 | 703 | 1,250 | 222 | 2004 | 05/06 | 40 | ||||||||||||||||||||
Indianapolis, IN | — | 1,032 | 1,650 | — | — | 1,032 | 1,650 | 2,682 | 521 | 2004 | 05/06 | 40 | ||||||||||||||||||||
Madisonville, KY | — | 682 | 1,193 | — | — | 682 | 1,193 | 1,875 | 376 | 1999 | 05/06 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Owensboro, KY | — | 639 | 1,326 | — | — | 639 | 1,326 | 1,965 | 419 | 2005 | 05/06 | 40 | ||||||||||||||||||||
Shelbyville, IN | — | 670 | 1,756 | — | — | 670 | 1,756 | 2,426 | 554 | 1998 | 05/06 | 40 | ||||||||||||||||||||
Speedway, IN | — | 408 | 1,426 | — | — | 408 | 1,426 | 1,834 | 450 | 2003 | 05/06 | 40 | ||||||||||||||||||||
Terre Haute, IN | — | 1,037 | 1,656 | — | — | 1,037 | 1,656 | 2,693 | 523 | 2003 | 05/06 | 40 | ||||||||||||||||||||
Terre Haute, IN | — | 1,314 | 2,249 | — | — | 1,314 | 2,249 | 3,563 | 710 | 2003 | 05/06 | 40 | ||||||||||||||||||||
Vincennes, IN | — | 502 | 880 | — | — | 502 | 880 | 1,382 | 278 | 2004 | 05/06 | 40 | ||||||||||||||||||||
Hialeah, FL | — | 263 | 69 | — | — | 263 | (i) | 263 | (i) | (i) | 09/06 | (i) | ||||||||||||||||||||
Anderson, SC | — | 273 | 820 | — | — | 273 | 820 | 1,093 | 264 | 1989 | 12/10 | 25 | ||||||||||||||||||||
Anderson, SC | — | 176 | 436 | — | — | 176 | 436 | 612 | 117 | 2000 | 12/10 | 30 | ||||||||||||||||||||
Asheville, NC | — | 408 | 732 | — | — | 408 | 732 | 1,140 | 235 | 1992 | 12/10 | 25 | ||||||||||||||||||||
Asheville, NC | — | 252 | 483 | — | — | 252 | 483 | 735 | 155 | 1993 | 12/10 | 25 | ||||||||||||||||||||
Black Mountain, NC | — | 149 | 313 | — | — | 149 | 313 | 462 | 101 | 1992 | 12/10 | 25 | ||||||||||||||||||||
Blue Ridge, GA | — | 276 | 553 | — | — | 276 | 553 | 829 | 178 | 1992 | 12/10 | 25 | ||||||||||||||||||||
Cedartown, GA | — | 353 | 890 | — | — | 353 | 890 | 1,243 | 286 | 1990 | 12/10 | 25 | ||||||||||||||||||||
Duncan, SC | — | 280 | 483 | — | — | 280 | 483 | 763 | 129 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Easley, SC (n) | — | 444 | 818 | — | — | 444 | 818 | 1,262 | 263 | 1991 | 12/10 | 25 | ||||||||||||||||||||
Fort Payne, AL | — | 362 | 533 | — | — | 362 | 533 | 895 | 171 | 1989 | 12/10 | 25 | ||||||||||||||||||||
Franklin, NC | — | 472 | 687 | — | — | 472 | 687 | 1,159 | 221 | 1992 | 12/10 | 25 | ||||||||||||||||||||
Gaffney, SC | — | 388 | 940 | — | — | 388 | 940 | 1,328 | 252 | 1998 | 12/10 | 30 | ||||||||||||||||||||
Greenville, SC | — | 169 | 330 | — | — | 169 | 330 | 499 | 106 | 1990 | 12/10 | 25 | ||||||||||||||||||||
Greenville, SC | — | 414 | 810 | — | — | 414 | 810 | 1,224 | 217 | 1995 | 12/10 | 30 | ||||||||||||||||||||
Hendersonville, NC | — | 569 | 1,163 | — | — | 569 | 1,163 | 1,732 | 374 | 1988 | 12/10 | 25 | ||||||||||||||||||||
Inman, SC | — | 223 | 502 | — | — | 223 | 502 | 725 | 135 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Lavonia, GA | — | 122 | 359 | — | — | 122 | 359 | 481 | 96 | 1999 | 12/10 | 30 | ||||||||||||||||||||
Madison, AL | — | 498 | 886 | — | — | 498 | 886 | 1,384 | 285 | 1985 | 12/10 | 25 | ||||||||||||||||||||
Oneonta, AL | — | 362 | 881 | — | — | 362 | 881 | 1,243 | 283 | 1992 | 12/10 | 25 | ||||||||||||||||||||
Piedmont, SC | — | 249 | 702 | — | — | 249 | 702 | 951 | 188 | 2000 | 12/10 | 30 | ||||||||||||||||||||
Pisgah Forest, NC | — | 260 | 672 | — | — | 260 | 672 | 932 | 180 | 1998 | 12/10 | 30 | ||||||||||||||||||||
Rainsville, AL | — | 411 | 1,077 | — | — | 411 | 1,077 | 1,488 | 289 | 1998 | 12/10 | 30 | ||||||||||||||||||||
Seneca, SC | — | 304 | 807 | — | — | 304 | 807 | 1,111 | 260 | 1993 | 12/10 | 25 | ||||||||||||||||||||
Simpsonville, SC | — | 635 | 1,022 | — | — | 635 | 1,022 | 1,657 | 329 | 1991 | 12/10 | 25 | ||||||||||||||||||||
Spartanburg, SC | — | 239 | 496 | — | — | 239 | 496 | 735 | 133 | 1992 | 12/10 | 30 | ||||||||||||||||||||
Spartanburg, SC | — | 492 | 949 | — | — | 492 | 949 | 1,441 | 254 | 1993 | 12/10 | 30 | ||||||||||||||||||||
Sylva, NC | — | 580 | 786 | — | — | 580 | 786 | 1,366 | 211 | 1994 | 12/10 | 30 | ||||||||||||||||||||
Toccoa, GA | — | 201 | 600 | — | — | 201 | 600 | 801 | 161 | 1993 | 12/10 | 30 | ||||||||||||||||||||
Anderson, IN | — | 313 | 1,338 | — | — | 313 | 1,338 | 1,651 | 231 | 2008 | 12/12 | 35 | ||||||||||||||||||||
Bloomington, IN | — | 275 | 1,026 | — | — | 275 | 1,026 | 1,301 | 248 | 1988 | 12/12 | 25 | ||||||||||||||||||||
Bloomington, IN | — | 332 | 1,234 | — | — | 332 | 1,234 | 1,566 | 213 | 2009 | 12/12 | 35 | ||||||||||||||||||||
Carmel, IN | — | 360 | 1,546 | — | — | 360 | 1,546 | 1,906 | 311 | 1994 | 12/12 | 30 | ||||||||||||||||||||
Daleville, IN | — | 209 | 893 | — | — | 209 | 893 | 1,102 | 180 | 1995 | 12/12 | 30 | ||||||||||||||||||||
Edinburgh, IN | — | 313 | 1,338 | — | — | 313 | 1,338 | 1,651 | 231 | 2007 | 12/12 | 35 | ||||||||||||||||||||
Evansville, IN | — | 209 | 1,092 | — | — | 209 | 1,092 | 1,301 | 189 | 2008 | 12/12 | 35 | ||||||||||||||||||||
Indianapolis, IN | — | 351 | 1,452 | — | — | 351 | 1,452 | 1,803 | 292 | 2005 | 12/12 | 30 | ||||||||||||||||||||
Indianapolis, IN | — | 285 | 1,225 | — | — | 285 | 1,225 | 1,510 | 211 | 2008 | 12/12 | 35 | ||||||||||||||||||||
Indianapolis, IN | — | 256 | 1,102 | — | — | 256 | 1,102 | 1,358 | 190 | 2008 | 12/12 | 35 | ||||||||||||||||||||
Indianapolis, IN | — | 304 | 1,206 | — | — | 304 | 1,206 | 1,510 | 208 | 2010 | 12/12 | 35 | ||||||||||||||||||||
Indianapolis, IN | — | 209 | 799 | — | — | 209 | 799 | 1,008 | 161 | 1994 | 12/12 | 30 | ||||||||||||||||||||
Indianapolis, IN | — | 247 | 931 | — | — | 247 | 931 | 1,178 | 188 | 1995 | 12/12 | 30 | ||||||||||||||||||||
Jasper, IN | — | 200 | 960 | — | — | 200 | 960 | 1,160 | 193 | 1992 | 12/12 | 30 | ||||||||||||||||||||
New Castle, IN | — | 427 | 1,830 | — | — | 427 | 1,830 | 2,257 | 369 | 2006 | 12/12 | 30 | ||||||||||||||||||||
Owensboro, KY | — | 436 | 1,119 | — | — | 436 | 1,119 | 1,555 | 193 | 2010 | 12/12 | 35 | ||||||||||||||||||||
Connersville, IN | — | 136 | 1,280 | — | — | 136 | 1,280 | 1,416 | 233 | 1991 | 07/13 | 30 | ||||||||||||||||||||
Linton, IN | — | 155 | 1,203 | — | — | 155 | 1,203 | 1,358 | 219 | 1996 | 07/13 | 30 | ||||||||||||||||||||
Owensboro, KY | — | 136 | 1,549 | — | — | 136 | 1,549 | 1,685 | 282 | 1998 | 07/13 | 30 | ||||||||||||||||||||
Arnold, MO | — | 436 | 698 | — | — | 436 | 698 | 1,134 | 150 | 1991 | 08/13 | 25 | ||||||||||||||||||||
Collinsville, IL | — | 368 | 1,713 | — | — | 368 | 1,713 | 2,081 | 368 | 1993 | 08/13 | 25 | ||||||||||||||||||||
East Alton, IL | — | 271 | 1,008 | — | — | 271 | 1,008 | 1,279 | 181 | 1991 | 08/13 | 30 | ||||||||||||||||||||
Edwardsville, IL | — | 310 | 1,549 | — | — | 310 | 1,549 | 1,859 | 277 | 1987 | 08/13 | 30 | ||||||||||||||||||||
Eureka, MO | — | 466 | 466 | — | — | 466 | 466 | 932 | 100 | 1984 | 08/13 | 25 | ||||||||||||||||||||
Granite City, IL | — | 707 | 852 | — | — | 707 | 852 | 1,559 | 131 | 2006 | 08/13 | 35 | ||||||||||||||||||||
Hazelwood, MO | — | 513 | 1,470 | — | — | 513 | 1,470 | 1,983 | 263 | 1991 | 08/13 | 30 | ||||||||||||||||||||
Maryland Heights, MO | — | 407 | 862 | — | — | 407 | 862 | 1,269 | 154 | 1991 | 08/13 | 30 | ||||||||||||||||||||
O'Fallon, MO | — | 580 | 1,403 | — | — | 580 | 1,403 | 1,983 | 215 | 2003 | 08/13 | 35 | ||||||||||||||||||||
O'Fallon, MO | — | 445 | 1,770 | — | — | 445 | 1,770 | 2,215 | 317 | 1985 | 08/13 | 30 | ||||||||||||||||||||
St. Charles, MO | — | 581 | 872 | — | — | 580 | 872 | 1,452 | 156 | 2000 | 08/13 | 30 | ||||||||||||||||||||
St. Louis, MO | — | 252 | 1,047 | — | — | 252 | 1,047 | 1,299 | 225 | 1981 | 08/13 | 25 | ||||||||||||||||||||
St. Louis, MO | — | 465 | 1,171 | — | — | 465 | 1,171 | 1,636 | 180 | 2009 | 08/13 | 35 | ||||||||||||||||||||
St. Louis, MO | — | 252 | 785 | — | — | 252 | 785 | 1,037 | 141 | 1990 | 08/13 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 298 | 1,989 | — | — | 298 | 1,989 | 2,287 | 301 | 2005 | 06/14 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 448 | 1,334 | — | — | 448 | 1,334 | 1,782 | 202 | 1998 | 06/14 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 289 | 1,205 | — | — | 289 | 1,205 | 1,494 | 182 | 1998 | 06/14 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 388 | 1,552 | — | — | 388 | 1,552 | 1,940 | 235 | 1996 | 06/14 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 269 | 1,771 | — | — | 269 | 1,771 | 2,040 | 322 | 1993 | 06/14 | 25 | ||||||||||||||||||||
Fayetteville, NC | — | 497 | 1,691 | — | — | 497 | 1,691 | 2,188 | 256 | 2008 | 06/14 | 30 | ||||||||||||||||||||
Fayetteville, NC | — | 686 | 1,631 | — | — | 686 | 1,631 | 2,317 | 296 | 1992 | 06/14 | 25 | ||||||||||||||||||||
Fayetteville, NC | — | 607 | 1,135 | — | — | 607 | 1,135 | 1,742 | 206 | 1982 | 06/14 | 25 | ||||||||||||||||||||
Fayetteville, NC | — | 149 | 1,652 | — | — | 149 | 1,652 | 1,801 | 300 | 1988 | 06/14 | 25 | ||||||||||||||||||||
Holly Ridge, NC | — | 189 | 1,791 | — | — | 189 | 1,791 | 1,980 | 232 | 2012 | 06/14 | 35 | ||||||||||||||||||||
Hope Mills, NC | — | 438 | 2,138 | — | — | 438 | 2,138 | 2,576 | 388 | 1990 | 06/14 | 25 | ||||||||||||||||||||
Jacksonville, NC | — | 428 | 2,327 | — | — | 428 | 2,327 | 2,755 | 423 | 1993 | 06/14 | 25 | ||||||||||||||||||||
Jacksonville, NC | — | 577 | 1,304 | — | — | 577 | 1,304 | 1,881 | 169 | 2013 | 06/14 | 35 | ||||||||||||||||||||
Jacksonville, NC | — | 388 | 2,347 | — | — | 388 | 2,347 | 2,735 | 305 | 2007 | 06/14 | 35 | ||||||||||||||||||||
Jacksonville, NC | — | 398 | 2,069 | — | — | 398 | 2,069 | 2,467 | 313 | 1994 | 06/14 | 30 | ||||||||||||||||||||
Leland, NC | — | 289 | 1,205 | — | — | 289 | 1,205 | 1,494 | 156 | 2008 | 06/14 | 35 | ||||||||||||||||||||
Lumberton, NC | — | 368 | 2,208 | — | — | 368 | 2,208 | 2,576 | 334 | 2003 | 06/14 | 30 | ||||||||||||||||||||
Midway Park, NC | — | 467 | 2,069 | — | — | 467 | 2,069 | 2,536 | 376 | 1993 | 06/14 | 25 | ||||||||||||||||||||
Pembroke, NC | — | 438 | 1,095 | — | — | 438 | 1,095 | 1,533 | 166 | 2008 | 06/14 | 30 | ||||||||||||||||||||
Saint Pauls, NC | — | 419 | 767 | — | — | 419 | 767 | 1,186 | 116 | 2008 | 06/14 | 30 | ||||||||||||||||||||
Shallotte, NC | — | 329 | 827 | — | — | 329 | 827 | 1,156 | 107 | 2011 | 06/14 | 35 | ||||||||||||||||||||
Spring Lake, NC | — | 408 | 2,009 | — | — | 408 | 2,009 | 2,417 | 261 | 2009 | 06/14 | 35 | ||||||||||||||||||||
Whiteville, NC | — | 179 | 1,315 | — | — | 179 | 1,315 | 1,494 | 171 | 2010 | 06/14 | 35 | ||||||||||||||||||||
Wilmington, NC | — | 587 | 2,277 | — | — | 587 | 2,277 | 2,864 | 295 | 2006 | 06/14 | 35 | ||||||||||||||||||||
Wilmington, NC | — | 239 | 1,463 | — | — | 239 | 1,463 | 1,702 | 190 | 2013 | 06/14 | 35 | ||||||||||||||||||||
Wilmington, NC | — | 547 | 1,423 | — | — | 547 | 1,423 | 1,970 | 185 | 2013 | 06/14 | 35 | ||||||||||||||||||||
Swansboro, NC | — | 430 | 1,359 | — | — | 430 | 1,359 | 1,789 | 126 | 2015 | 04/15 | 40 | ||||||||||||||||||||
Buffalo Grove, IL | — | 234 | 1,236 | — | — | 234 | 1,236 | 1,470 | 138 | 1987 | 03/16 | 25 | ||||||||||||||||||||
Columbia City, IN | — | 122 | 1,535 | — | — | 122 | 1,535 | 1,657 | 171 | 1990 | 03/16 | 25 | ||||||||||||||||||||
Dowagiac, MI | — | 131 | 1,236 | — | — | 131 | 1,236 | 1,367 | 115 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Edwardsburg, MI | — | 47 | 1,479 | — | — | 47 | 1,479 | 1,526 | 138 | 1998 | 03/16 | 30 | ||||||||||||||||||||
Elkhart, IN | — | 393 | 1,618 | — | — | 393 | 1,618 | 2,011 | 129 | 2008 | 03/16 | 35 | ||||||||||||||||||||
Fox Lake, IL | — | 309 | 1,376 | — | — | 309 | 1,376 | 1,685 | 128 | 2006 | 03/16 | 30 | ||||||||||||||||||||
Freeport, IL | — | 84 | 2,141 | — | — | 84 | 2,141 | 2,225 | 199 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Kendallville, IN | — | 150 | 1,637 | — | — | 150 | 1,637 | 1,787 | 152 | 1992 | 03/16 | 30 | ||||||||||||||||||||
Knox, IN | — | 66 | 1,255 | — | — | 66 | 1,255 | 1,321 | 140 | 1993 | 03/16 | 25 | ||||||||||||||||||||
Lake Delton, WI | — | 815 | 599 | — | — | 815 | 599 | 1,414 | 48 | 2011 | 03/16 | 35 | ||||||||||||||||||||
Lake In The Hills, IL | — | 402 | 2,029 | — | — | 366 | 2,029 | 2,395 | 189 | 1998 | 03/16 | 30 | ||||||||||||||||||||
Ligonier, IN | — | 216 | 1,021 | — | — | 216 | 1,021 | 1,237 | 95 | 2000 | 03/16 | 30 | ||||||||||||||||||||
Lindenhurst, IL | — | 609 | 768 | — | — | 609 | 768 | 1,377 | 71 | 1999 | 03/16 | 30 | ||||||||||||||||||||
McHenry, IL | — | 468 | 1,814 | — | — | 468 | 1,814 | 2,282 | 169 | 2006 | 03/16 | 30 | ||||||||||||||||||||
Monroe, WI | — | 515 | 1,030 | — | — | 515 | 1,030 | 1,545 | 96 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Mundelein, IL | — | 178 | 1,134 | — | — | 178 | 1,134 | 1,312 | 105 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Mundelein, IL | — | 131 | 1,544 | — | — | 131 | 1,544 | 1,675 | 144 | 2004 | 03/16 | 30 | ||||||||||||||||||||
Nappanee, IN | — | 178 | 1,404 | — | — | 178 | 1,404 | 1,582 | 112 | 2008 | 03/16 | 35 | ||||||||||||||||||||
Portage, WI | — | 197 | 1,479 | — | — | 197 | 1,479 | 1,676 | 138 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Richland Center, WI | — | 215 | 1,236 | — | — | 215 | 1,236 | 1,451 | 115 | 2000 | 03/16 | 30 | ||||||||||||||||||||
Rochester, IN | — | 215 | 1,787 | — | — | 215 | 1,787 | 2,002 | 199 | 1993 | 03/16 | 25 | ||||||||||||||||||||
Rockford, IL | — | 328 | 1,413 | — | — | 328 | 1,413 | 1,741 | 131 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Roscoe, IL | — | 346 | 1,479 | — | — | 346 | 1,479 | 1,825 | 118 | 2010 | 03/16 | 35 | ||||||||||||||||||||
Roseland, IN | — | 496 | 880 | — | — | 496 | 880 | 1,376 | 82 | 2001 | 03/16 | 30 | ||||||||||||||||||||
Round Lake Beach, IL | — | 159 | 2,169 | — | — | 159 | 2,169 | 2,328 | 202 | 2005 | 03/16 | 30 | ||||||||||||||||||||
South Bend, IN | — | 365 | 1,170 | — | — | 365 | 1,170 | 1,535 | 93 | 2014 | 03/16 | 35 | ||||||||||||||||||||
South Bend, IN | — | 291 | 788 | — | — | 291 | 788 | 1,079 | 73 | 2006 | 03/16 | 30 | ||||||||||||||||||||
South Bend, IN | — | 365 | 965 | — | — | 365 | 965 | 1,330 | 77 | 2010 | 03/16 | 35 | ||||||||||||||||||||
St. Joseph, MI | — | 94 | 1,413 | — | — | 94 | 1,413 | 1,507 | 113 | 2007 | 03/16 | 35 | ||||||||||||||||||||
Watervliet, MI | — | 281 | 1,105 | — | — | 281 | 1,105 | 1,386 | 103 | 2000 | 03/16 | 30 | ||||||||||||||||||||
Wauconda, IL | — | 169 | 1,358 | — | — | 169 | 1,358 | 1,527 | 126 | 2001 | 03/16 | 30 | ||||||||||||||||||||
Waukegan, IL | — | 570 | 1,674 | — | — | 570 | 1,674 | 2,244 | 187 | 1997 | 03/16 | 25 | ||||||||||||||||||||
West Baraboo, WI | — | 150 | 1,348 | — | — | 150 | 1,348 | 1,498 | 125 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Wheeling, IL | — | 486 | 1,861 | — | — | 486 | 1,861 | 2,347 | 173 | 2000 | 03/16 | 30 | ||||||||||||||||||||
Winnebago, IL | — | 131 | 1,041 | — | — | 131 | 1,041 | 1,172 | 83 | 2009 | 03/16 | 35 | ||||||||||||||||||||
Wisconsin Dells, WI | — | 365 | 1,095 | — | — | 365 | 1,095 | 1,460 | 102 | 1999 | 03/16 | 30 | ||||||||||||||||||||
Zion, IL | — | 150 | 1,554 | — | — | 150 | 1,554 | 1,704 | 124 | 2008 | 03/16 | 35 | ||||||||||||||||||||
Taco Bueno: | ||||||||||||||||||||||||||||||||
Moore, OK | — | 624 | 507 | — | — | 624 | 507 | 1,131 | 47 | 2015 | 01/15 | 40 | ||||||||||||||||||||
Flower Mound, TX | — | 1,056 | — | 617 | — | 1,056 | 617 | 1,673 | 28 | 2017 | 04/16 | (m) | 40 | |||||||||||||||||||
Sulphur Springs, TX | — | 512 | — | 607 | — | 512 | 607 | 1,119 | 23 | 2017 | 03/17 | (m) | 40 | |||||||||||||||||||
Taco Cabana: | ||||||||||||||||||||||||||||||||
Austin, TX | — | 561 | 1,227 | — | — | 561 | 1,227 | 1,788 | 136 | 1994 | 02/15 | 35 | ||||||||||||||||||||
Houston, TX | — | 1,070 | 978 | — | — | 1,016 | 978 | 1,994 | 152 | 1998 | 02/15 | 25 | ||||||||||||||||||||
Houston, TX | — | 667 | 852 | — | — | 667 | 852 | 1,519 | 110 | 2000 | 02/15 | 30 | ||||||||||||||||||||
Houston, TX | — | 590 | 1,284 | — | — | 590 | 1,284 | 1,874 | 166 | 1987 | 02/15 | 30 | ||||||||||||||||||||
San Antonio, TX | — | 492 | 1,283 | — | — | 492 | 1,283 | 1,775 | 142 | 1995 | 02/15 | 35 | ||||||||||||||||||||
Tamarind Restaurant: | ||||||||||||||||||||||||||||||||
Tucson, AZ | — | 996 | — | 2,742 | — | 996 | 2,742 | 3,738 | 774 | 2007 | 12/06 | (m) | 40 | |||||||||||||||||||
Texas Roadhouse: | ||||||||||||||||||||||||||||||||
Grand Junction, CO | — | 584 | 920 | — | — | 584 | 920 | 1,504 | 392 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Palm Bay, FL | — | 1,035 | 1,512 | — | — | 1,035 | 1,512 | 2,547 | 380 | 2004 | 06/11 | 30 | ||||||||||||||||||||
TGI Friday's: | ||||||||||||||||||||||||||||||||
Corpus Christi, TX | — | 1,210 | 1,532 | — | — | 1,157 | 1,532 | 2,689 | 653 | 1995 | 12/01 | 40 | ||||||||||||||||||||
The Beach: | ||||||||||||||||||||||||||||||||
Mason, OH | — | 1,707 | 1,303 | — | — | 1,707 | 1,303 | 3,010 | 302 | 1985 | 03/13 | 25 | ||||||||||||||||||||
The Containter Store: | ||||||||||||||||||||||||||||||||
Plano, TX | — | 1,758 | 5,115 | — | — | 1,758 | 5,115 | 6,873 | 822 | 2009 | 05/13 | 35 | ||||||||||||||||||||
The Shack: | ||||||||||||||||||||||||||||||||
Overland Park, KS | — | 1,166 | — | 1,741 | — | 1,166 | 1,741 | 2,907 | 310 | 2011 | 04/11 | (m) | 40 | |||||||||||||||||||
The Snooty Fox: | ||||||||||||||||||||||||||||||||
Cincinnati, OH | — | 282 | 521 | 403 | — | 543 | 662 | 1,205 | 256 | 1998 | 12/01 | 40 | ||||||||||||||||||||
The Tile Shop: | ||||||||||||||||||||||||||||||||
Scarsdale, NY | — | 4,509 | 2,454 | 352 | — | 4,509 | 2,807 | 7,316 | 968 | 1996 | 09/97 | 40 | ||||||||||||||||||||
Buford, GA | — | 1,267 | 2,406 | 25 | — | 1,267 | 2,430 | 3,697 | 875 | 2003 | 07/04 | 40 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Third Federal Savings: | ||||||||||||||||||||||||||||||||
Parma, OH | — | 370 | 238 | 1,100 | — | 370 | 1,338 | 1,708 | 748 | 1977 | 09/06 | 20 | ||||||||||||||||||||
Tile Outlets of America: | ||||||||||||||||||||||||||||||||
Sarasota, FL | — | 1,168 | 1,904 | 735 | — | 1,170 | 2,639 | 3,809 | 912 | 1988 | 09/97 | 40 | ||||||||||||||||||||
Tire Engineers: | ||||||||||||||||||||||||||||||||
Amarillo, TX | — | 244 | 713 | — | — | 244 | 713 | 957 | 39 | 2001 | 05/17 | 30 | ||||||||||||||||||||
Columbia, SC | — | 345 | 453 | — | — | 345 | 453 | 798 | 29 | 1973 | 05/17 | 25 | ||||||||||||||||||||
Columbia, SC | — | 411 | 812 | — | — | 411 | 812 | 1,223 | 44 | 2007 | 05/17 | 30 | ||||||||||||||||||||
Lexington, SC | — | 536 | 1,237 | — | — | 536 | 1,237 | 1,773 | 67 | 2001 | 05/17 | 30 | ||||||||||||||||||||
Orangeburg, SC | — | 327 | 445 | — | — | 327 | 445 | 772 | 24 | 2005 | 05/17 | 30 | ||||||||||||||||||||
West Columbia, SC | — | 486 | 1,546 | — | — | 486 | 1,546 | 2,032 | 84 | 2008 | 05/17 | 30 | ||||||||||||||||||||
Pooler, GA | — | 764 | — | 1,303 | — | 764 | 1,303 | 2,067 | 28 | 2017 | 08/17 | (m) | 40 | |||||||||||||||||||
Tire Kingdom: | ||||||||||||||||||||||||||||||||
Sanford, FL | — | 1,157 | 1,887 | — | — | 1,157 | 1,887 | 3,044 | 66 | 2006 | 12/17 | 30 | ||||||||||||||||||||
TitleMax: | ||||||||||||||||||||||||||||||||
Geneva, IL | — | 473 | 436 | — | — | 484 | 375 | 859 | 166 | 1996 | 12/01 | 40 | ||||||||||||||||||||
Mobile, AL | — | 491 | 498 | — | — | 491 | 498 | 989 | 212 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Dallas, TX | — | 1,554 | 1,229 | 46 | — | 1,554 | 1,275 | 2,829 | 426 | 1982 | 06/05 | 40 | ||||||||||||||||||||
Aiken, SC | — | 442 | 646 | — | — | 442 | 646 | 1,088 | 223 | 1989 | 08/08 | 30 | ||||||||||||||||||||
Anniston, AL | — | 160 | 453 | — | — | 160 | 453 | 613 | 118 | 2008 | 08/08 | 40 | ||||||||||||||||||||
Berkeley, MO | — | 237 | 282 | — | — | 237 | 282 | 519 | 146 | 1961 | 08/08 | 20 | ||||||||||||||||||||
Cheraw, SC | — | 88 | 330 | — | — | 88 | 330 | 418 | 137 | 1976 | 08/08 | 25 | ||||||||||||||||||||
Columbia, SC | — | 212 | 319 | — | — | 212 | 319 | 531 | 110 | 1987 | 08/08 | 30 | ||||||||||||||||||||
Dalton, GA | — | 178 | 347 | — | — | 178 | 347 | 525 | 144 | 1972 | 08/08 | 25 | ||||||||||||||||||||
Darlington, SC | — | 47 | 267 | — | — | 47 | 267 | 314 | 111 | 1973 | 08/08 | 25 | ||||||||||||||||||||
Fairfield, AL | — | 133 | 178 | — | — | 133 | 178 | 311 | 74 | 1974 | 08/08 | 25 | ||||||||||||||||||||
Gadsden, AL | — | 250 | 389 | — | — | 250 | 389 | 639 | 101 | 2007 | 08/08 | 40 | ||||||||||||||||||||
Hueytown, AL (n) | — | 135 | 93 | — | — | 135 | 93 | 228 | 93 | 1948 | 08/08 | 10 | ||||||||||||||||||||
Jonesboro, GA | — | 675 | 292 | — | — | 675 | 292 | 967 | 121 | 1970 | 08/08 | 25 | ||||||||||||||||||||
Lawrenceville, GA | — | 370 | 332 | — | — | 370 | 332 | 702 | 115 | 1986 | 08/08 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Lewisburg, TN | — | 70 | 298 | — | — | 70 | 298 | 368 | 88 | 1998 | 08/08 | 35 | ||||||||||||||||||||
Macon, GA | — | 103 | 290 | — | — | 103 | 290 | 393 | 150 | 1967 | 08/08 | 20 | ||||||||||||||||||||
Marietta, GA | — | 285 | 278 | — | — | 285 | 278 | 563 | 144 | 1967 | 08/08 | 20 | ||||||||||||||||||||
Memphis, TN | — | 226 | 444 | — | — | 226 | 444 | 670 | 154 | 1986 | 08/08 | 30 | ||||||||||||||||||||
Memphis, TN | — | 111 | 237 | — | — | 111 | 237 | 348 | 82 | 1981 | 08/08 | 30 | ||||||||||||||||||||
Montgomery, AL | — | 96 | 233 | — | — | 96 | 233 | 329 | 97 | 1970 | 08/08 | 25 | ||||||||||||||||||||
Nashville, TN | — | 268 | 276 | — | — | 268 | 276 | 544 | 115 | 1978 | 08/08 | 25 | ||||||||||||||||||||
Nashville, TN | — | 256 | 301 | — | — | 256 | 301 | 557 | 104 | 1982 | 08/08 | 30 | ||||||||||||||||||||
Norcross, GA | — | 599 | 350 | — | — | 599 | 350 | 949 | 145 | 1975 | 08/08 | 25 | ||||||||||||||||||||
Pulaski, TN | — | 109 | 361 | — | — | 109 | 361 | 470 | 125 | 1986 | 08/08 | 30 | ||||||||||||||||||||
Riverdale, GA | — | 877 | 400 | — | — | 877 | 400 | 1,277 | 166 | 1978 | 08/08 | 25 | ||||||||||||||||||||
Springfield, MO | — | 220 | 400 | — | — | 220 | 400 | 620 | 166 | 1979 | 08/08 | 25 | ||||||||||||||||||||
Springfield, MO | — | 125 | 230 | — | — | 125 | 230 | 355 | 96 | 1979 | 08/08 | 25 | ||||||||||||||||||||
St. Louis, MO | — | 134 | 398 | — | — | 134 | 398 | 532 | 118 | 1993 | 08/08 | 35 | ||||||||||||||||||||
St. Louis, MO | — | 244 | 288 | — | — | 244 | 288 | 532 | 119 | 1971 | 08/08 | 25 | ||||||||||||||||||||
Sylacauga, AL | — | 94 | 191 | — | — | 94 | 191 | 285 | 66 | 1986 | 08/08 | 30 | ||||||||||||||||||||
Taylors, SC | — | 299 | 372 | — | — | 299 | 372 | 671 | 110 | 1999 | 08/08 | 35 | ||||||||||||||||||||
Bay Minette, AL | — | 51 | 113 | — | — | 51 | 113 | 164 | 36 | 1980 | 01/11 | 25 | ||||||||||||||||||||
N. Richland Hills, TX | — | 132 | 132 | — | — | 132 | 132 | 264 | 52 | 1976 | 01/11 | 20 | ||||||||||||||||||||
Petersburg, VA | — | 139 | 366 | — | — | 139 | 366 | 505 | 144 | 1979 | 02/11 | 20 | ||||||||||||||||||||
Savannah, GA | — | 231 | 361 | — | — | 231 | 361 | 592 | 141 | 1972 | 03/11 | 20 | ||||||||||||||||||||
Fort Worth, TX | — | 131 | 312 | — | — | 119 | 312 | 431 | 97 | 1985 | 03/11 | 25 | ||||||||||||||||||||
Hoover, AL | — | 378 | 546 | — | — | 378 | 546 | 924 | 170 | 1970 | 03/11 | 25 | ||||||||||||||||||||
Eufaula, AL | — | 61 | 360 | — | — | 61 | 360 | 421 | 106 | 1980 | 08/11 | 25 | ||||||||||||||||||||
Kansas City, MO | — | 69 | 129 | — | — | 69 | 129 | 198 | 47 | 1920 | 08/11 | 20 | ||||||||||||||||||||
Arnold, MO | — | 321 | 120 | — | — | 321 | 120 | 441 | 43 | 1960 | 10/11 | 20 | ||||||||||||||||||||
Bristol, VA | — | 199 | 517 | — | — | 199 | 517 | 716 | 124 | 2001 | 10/11 | 30 | ||||||||||||||||||||
Fairview Heights, IL | — | 93 | 185 | — | — | 93 | 185 | 278 | 53 | 1979 | 10/11 | 25 | ||||||||||||||||||||
Florissant, MO | — | 143 | 153 | — | — | 143 | 153 | 296 | 44 | 1974 | 10/11 | 25 | ||||||||||||||||||||
Greenville, SC (n) | — | 602 | 612 | — | — | 602 | 612 | 1,214 | 176 | 2008 | 10/11 | 25 | ||||||||||||||||||||
Jonesboro, GA | — | 301 | 683 | — | — | 301 | 683 | 984 | 141 | 2007 | 10/11 | 35 | ||||||||||||||||||||
Olive Branch, MS | — | 121 | 312 | — | — | 121 | 312 | 433 | 90 | 1978 | 10/11 | 25 | ||||||||||||||||||||
Sugar Creek, MO | — | 202 | 181 | — | — | 202 | 181 | 383 | 52 | 1978 | 10/11 | 25 | ||||||||||||||||||||
Roanoke, VA | — | 158 | 207 | — | — | 158 | 207 | 365 | 66 | 1950 | 08/12 | 20 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Fredericksburg, VA | — | 228 | 555 | — | — | 228 | 555 | 783 | 140 | 1989 | 09/12 | 25 | ||||||||||||||||||||
Florissant, MO | — | 119 | 288 | — | — | 119 | 288 | 407 | 70 | 1970 | 12/12 | 25 | ||||||||||||||||||||
Savannah, GA | — | 259 | 359 | — | — | 259 | 359 | 618 | 58 | 2012 | 05/13 | 35 | ||||||||||||||||||||
South Boston, VA | — | 163 | 133 | — | — | 163 | 133 | 296 | 37 | 1980 | 05/13 | 20 | ||||||||||||||||||||
O'Fallon, MO | — | 75 | 261 | — | — | 75 | 261 | 336 | 54 | 1981 | 11/13 | 25 | ||||||||||||||||||||
Crest Hill, IL | — | 92 | 323 | — | — | 92 | 323 | 415 | 61 | 1963 | 03/15 | 20 | ||||||||||||||||||||
St. Louis, MO | — | 76 | 237 | — | — | 76 | 237 | 313 | 45 | 1953 | 03/15 | 20 | ||||||||||||||||||||
Tony's Tires: | ||||||||||||||||||||||||||||||||
Montgomery, AL | — | 593 | 1,187 | 43 | — | 593 | 1,229 | 1,822 | 397 | 1998 | 08/06 | 40 | ||||||||||||||||||||
TopGolf: | ||||||||||||||||||||||||||||||||
Chesterfield, MO | — | 4,577 | — | 22,429 | — | 4,705 | 22,429 | 27,134 | 210 | 2018 | 06/17 | (m) | (k) | |||||||||||||||||||
Tucson, AZ | — | 3,591 | — | 17,733 | — | 3,591 | 17,733 | 21,324 | 462 | 2017 | 07/17 | (m) | (k) | |||||||||||||||||||
Glendale, AZ | — | 5,721 | — | 19,883 | — | 5,721 | 19,883 | 25,604 | 145 | 2018 | 02/18 | (m) | (k) | |||||||||||||||||||
Tutor Time: | ||||||||||||||||||||||||||||||||
Elk Grove, CA | — | 1,216 | 2,786 | 9 | — | 1,216 | 2,750 | 3,966 | 661 | 2009 | 09/08 | 40 | ||||||||||||||||||||
Twenty Seven Truck Stop: | ||||||||||||||||||||||||||||||||
Lake Placid, FL | — | 2,532 | 1,157 | 491 | — | 2,532 | 1,648 | 4,180 | 611 | 1990 | 12/05 | 40 | ||||||||||||||||||||
Twin Peaks: | ||||||||||||||||||||||||||||||||
Beaumont, TX | — | 439 | 1,363 | 365 | — | 864 | 1,490 | 2,354 | 592 | 2000 | 12/01 | (g) | 40 | |||||||||||||||||||
Olathe, KS | — | 525 | 731 | — | — | 525 | 731 | 1,256 | 173 | 2005 | 09/10 | 35 | ||||||||||||||||||||
ULTA Salon, Cosmetics and Fragrance: | ||||||||||||||||||||||||||||||||
Florissant, MO | — | 423 | 499 | 1,444 | — | 425 | 1,942 | 2,367 | 480 | 1996 | 04/03 | (g) | 40 | |||||||||||||||||||
Lapeer, MI | — | 408 | 2,086 | 594 | — | 408 | 2,625 | 3,033 | 623 | 2007 | 10/05 | 40 | ||||||||||||||||||||
Ultra Car Wash: | ||||||||||||||||||||||||||||||||
Mobile, AL | — | 1,071 | 1,086 | — | — | 1,071 | 1,086 | 2,157 | 309 | 2005 | 08/07 | 40 | ||||||||||||||||||||
Lilburn, GA | — | 1,396 | 1,119 | — | — | 1,396 | 1,119 | 2,515 | 297 | 2004 | 05/08 | 40 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
Uni-Mart: | ||||||||||||||||||||||||||||||||
East Brady, PA | — | 269 | 583 | — | — | 269 | 583 | 852 | 390 | 1987 | 08/05 | 20 | ||||||||||||||||||||
Pleasant Gap, PA | — | 332 | 593 | — | — | 332 | 593 | 925 | 396 | 1996 | 08/05 | 20 | ||||||||||||||||||||
Port Vue, PA | — | 824 | 118 | — | — | 824 | 118 | 942 | 79 | 1953 | 08/05 | 20 | ||||||||||||||||||||
Punxsutawney, PA | — | 253 | 542 | — | — | 253 | 542 | 795 | 362 | 1983 | 08/05 | 20 | ||||||||||||||||||||
Shamokin, PA | — | 324 | 506 | — | — | 324 | 506 | 830 | 339 | 1956 | 08/05 | 20 | ||||||||||||||||||||
Shippensburg, PA | — | 204 | 330 | — | — | 204 | 330 | 534 | 221 | 1989 | 08/05 | 20 | ||||||||||||||||||||
Wilkes-Barre, PA | — | 178 | 471 | — | — | 178 | 471 | 649 | 315 | 1989 | 08/05 | 20 | ||||||||||||||||||||
Wilkes-Barre, PA | — | 171 | 422 | — | — | 171 | 422 | 593 | 283 | 1999 | 08/05 | 20 | ||||||||||||||||||||
Williamsport, PA | — | 909 | 122 | — | — | 909 | 122 | 1,031 | 82 | 1950 | 08/05 | 20 | ||||||||||||||||||||
Ashland, PA | — | 355 | 545 | — | — | 355 | 545 | 900 | 362 | 1977 | 09/05 | 20 | ||||||||||||||||||||
Mountaintop, PA | — | 423 | 616 | — | — | 423 | 616 | 1,039 | 410 | 1987 | 09/05 | 20 | ||||||||||||||||||||
Effort, PA | — | 1,297 | 1,202 | — | — | 1,297 | 1,202 | 2,499 | 389 | 2000 | 01/06 | 40 | ||||||||||||||||||||
McSherrystown, PA | — | 135 | 365 | — | — | 135 | 365 | 500 | 118 | 1988 | 01/06 | 40 | ||||||||||||||||||||
Milesburg, PA | — | 134 | 373 | — | — | 134 | 373 | 507 | 121 | 1987 | 01/06 | 40 | ||||||||||||||||||||
Nuangola, PA | — | 1,062 | 1,203 | — | — | 1,062 | 1,195 | 2,257 | 389 | 2000 | 01/06 | 40 | ||||||||||||||||||||
Punxsutawney, PA | — | 294 | 650 | — | — | 294 | 650 | 944 | 211 | 1983 | 01/06 | 40 | ||||||||||||||||||||
United Rentals: | ||||||||||||||||||||||||||||||||
Carrollton, TX | — | 478 | 535 | — | — | 478 | 535 | 1,013 | 188 | 1981 | 12/04 | 40 | ||||||||||||||||||||
Cedar Park, TX (n) | — | 535 | 829 | — | — | 535 | 829 | 1,364 | 291 | 1990 | 12/04 | 40 | ||||||||||||||||||||
Clearwater, FL (n) | — | 1,173 | 1,811 | — | — | 1,173 | 1,811 | 2,984 | 636 | 2001 | 12/04 | 40 | ||||||||||||||||||||
Fort Collins, CO (n) | — | 2,057 | 978 | — | — | 2,057 | 978 | 3,035 | 343 | 1975 | 12/04 | 40 | ||||||||||||||||||||
Irving, TX | — | 708 | 911 | — | — | 708 | 911 | 1,619 | 320 | 1984 | 12/04 | 40 | ||||||||||||||||||||
La Porte, TX | — | 1,115 | 2,125 | — | — | 1,115 | 2,125 | 3,240 | 746 | 2000 | 12/04 | 40 | ||||||||||||||||||||
Littleton, CO | — | 1,743 | 1,944 | — | — | 1,733 | 1,944 | 3,677 | 682 | 2002 | 12/04 | 40 | ||||||||||||||||||||
Oklahoma City, OK | — | 744 | 1,265 | — | — | 744 | 1,265 | 2,009 | 444 | 1997 | 12/04 | 40 | ||||||||||||||||||||
Perrysburg, OH (n) | — | 642 | 1,119 | — | — | 642 | 1,119 | 1,761 | 393 | 1979 | 12/04 | 40 | ||||||||||||||||||||
Plano, TX | — | 1,030 | 1,148 | — | — | 1,030 | 1,148 | 2,178 | 403 | 1996 | 12/04 | 40 | ||||||||||||||||||||
Temple, TX (n) | — | 1,160 | 1,360 | — | — | 1,160 | 1,360 | 2,520 | 478 | 1998 | 12/04 | 40 | ||||||||||||||||||||
Fort Worth, TX | — | 510 | 1,128 | — | — | 510 | 1,128 | 1,638 | 394 | 1997 | 01/05 | 40 | ||||||||||||||||||||
Fort Worth, TX | — | 1,428 | — | — | — | 1,428 | (i) | 1,428 | (i) | (i) | 01/05 | (i) | ||||||||||||||||||||
Melbourne, FL | — | 747 | 607 | — | — | 747 | 607 | 1,354 | 207 | 1970 | 05/05 | 40 | ||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | |||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | ||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | ||||||||||||||||||||||||||||||||
University of Phoenix: | ||||||||||||||||||||||||||||||||
Glen Allen, VA | — | 2,177 | 2,600 | 670 | — | 2,177 | 3,270 | 5,447 | 1,693 | 1995 | 06/95 | 40 | ||||||||||||||||||||
Urban Air: | ||||||||||||||||||||||||||||||||
Beaumont, TX | — | 941 | 1,618 | 2,352 | — | 941 | 3,970 | 4,911 | 941 | 1992 | 03/99 | (k) | 40 | |||||||||||||||||||
Urban Tandoor, Indian Wine & Dine: | ||||||||||||||||||||||||||||||||
Colorado Springs, CO | — | 321 | 377 | — | — | 321 | 377 | 698 | 232 | 1984 | 09/06 | 20 | ||||||||||||||||||||
Vacant Land: | ||||||||||||||||||||||||||||||||
Bonita Springs, FL | — | 112 | — | — | — | 25 | (e) | 25 | (e) | (e) | 09/06 | (e) | ||||||||||||||||||||
Bakersfield, CA | — | 3,303 | 3,845 | — | — | 1,826 | (e) | 1,826 | (e) | (e) | 03/08 | (e) | ||||||||||||||||||||
Vacant Property: | ||||||||||||||||||||||||||||||||
Orlando, FL | — | 820 | 2,441 | 125 | — | 820 | 2,566 | 3,386 | 1,538 | 1992 | 05/93 | 40 | ||||||||||||||||||||
Corpus Christi, TX | — | 125 | 137 | 229 | — | 125 | 366 | 491 | 106 | 1967 | 11/93 | 40 | ||||||||||||||||||||
Baton Rouge, LA | — | 609 | 914 | — | — | 609 | 914 | 1,523 | 525 | 1995 | 12/95 | (m) | 40 | |||||||||||||||||||
Arlington, TX | — | 753 | 3,980 | 576 | — | 753 | 4,557 | 5,310 | 2,442 | 1996 | 06/96 | 38 | ||||||||||||||||||||
Arlington, TX | — | 831 | 2,612 | — | — | 831 | 2,612 | 3,443 | 1,470 | 1996 | 06/96 | 40 | ||||||||||||||||||||
Sacramento, CA | — | 1,144 | 2,961 | — | — | 1,144 | 2,961 | 4,105 | 1,629 | 1996 | 12/96 | 40 | ||||||||||||||||||||
Huntington, WV | — | 1,254 | 761 | — | — | 1,254 | 761 | 2,015 | 416 | 1971 | 02/97 | 40 | ||||||||||||||||||||
Redding, CA | — | 667 | 2,182 | — | — | 667 | 2,182 | 2,849 | 1,175 | 1997 | 06/97 | 40 | ||||||||||||||||||||
Kelso, WA | — | 868 | — | 1,806 | — | 868 | 1,806 | 2,674 | 946 | 1998 | 09/97 | (g) | 40 | |||||||||||||||||||
Arlington, TX | — | 2,079 | — | 1,397 | — | 2,079 | 1,397 | 3,476 | 711 | 1998 | 11/97 | (g) | 40 | |||||||||||||||||||
Riverdale, GA | — | 1,089 | 1,707 | — | — | 1,089 | 1,707 | 2,796 | 898 | 1997 | 12/97 | 40 | ||||||||||||||||||||
Houston, TX | — | 2,311 | 1,628 | 3,239 | — | 2,583 | 4,597 | 7,180 | 951 | 1976 | 03/99 | (g) | 40 | |||||||||||||||||||
Bay City, MI | — | 647 | 634 | — | — | 647 | 634 | 1,281 | 270 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Colonial Heights, VA | — | 662 | 610 | — | — | 662 | 610 | 1,272 | 260 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Columbus, TX | — | 428 | 817 | — | — | 428 | 817 | 1,245 | 348 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Eden Prairie, MN | — | 65 | 181 | 81 | — | 65 | 261 | 326 | 109 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Gresham, OR | — | 817 | 108 | 28 | — | 817 | 136 | 953 | 52 | 1993 | 12/01 | 40 | ||||||||||||||||||||
Homewood, AL | — | 1,032 | 697 | — | — | 1,032 | 697 | 1,729 | 297 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Swansea, IL | — | 46 | 132 | — | — | 46 | 132 | 178 | 85 | 1997 | 12/01 | 40 | ||||||||||||||||||||
Thornton, CO | — | 599 | 1,019 | — | — | 599 | 1,019 | 1,618 | 434 | 1998 | 12/01 | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | |||||||||||||||||||||||||||||||||||||||||
Valrico, FL | — | 1,235 | 3,255 | — | — | 814 | 1,111 | 1,925 | 197 | 1997 | 06/02 | 12 | |||||||||||||||||||||||||||||
Columbus, GA | — | 1,023 | 1,875 | — | — | 1,023 | 1,875 | 2,898 | 725 | 1984 | 07/03 | 40 | |||||||||||||||||||||||||||||
Florence, AL | — | 1,034 | — | 4,857 | — | 851 | 4,857 | 5,708 | 687 | 2012 | 06/04 | (m) | 40 | ||||||||||||||||||||||||||||
Buford, GA | — | 751 | 1,979 | 336 | — | 751 | 2,315 | 3,066 | 773 | 2003 | 07/04 | (g) | 40 | ||||||||||||||||||||||||||||
Orlando, FL | — | 428 | 1,345 | — | — | 428 | 1,345 | 1,773 | 469 | 2003 | 01/05 | 40 | |||||||||||||||||||||||||||||
Monticello, NY | — | 664 | 769 | — | — | 664 | 426 | 1,090 | 241 | 1996 | 03/05 | 40 | |||||||||||||||||||||||||||||
Chandler, AZ | — | 729 | 644 | — | — | 729 | 644 | 1,373 | 436 | 1984 | 06/05 | 20 | |||||||||||||||||||||||||||||
Kane, PA | — | 478 | 592 | — | — | 356 | — | 356 | — | 1984 | 08/05 | 20 | |||||||||||||||||||||||||||||
Ridgway, PA | — | 382 | 259 | — | — | 382 | 259 | 641 | 173 | 1975 | 08/05 | 20 | |||||||||||||||||||||||||||||
Lafayette, LA | — | 603 | 1,149 | 30 | — | 603 | 1,179 | 1,782 | 381 | 1999 | 12/05 | 40 | |||||||||||||||||||||||||||||
Houston, TX | — | 112 | 509 | 302 | — | 112 | 811 | 923 | 206 | 1995 | 08/06 | 40 | |||||||||||||||||||||||||||||
Colorado Springs, CO | — | 585 | 390 | — | — | 585 | 390 | 975 | 240 | 1978 | 09/06 | 20 | |||||||||||||||||||||||||||||
Pompano Beach, FL | — | 436 | 394 | — | — | 436 | 394 | 830 | 242 | 1976 | 09/06 | 20 | |||||||||||||||||||||||||||||
Pueblo, CO | — | 475 | 302 | — | — | 475 | 302 | 777 | 185 | 1980 | 09/06 | 20 | |||||||||||||||||||||||||||||
Aurora, CO | — | 5,076 | 13,874 | 5,663 | — | 5,041 | 19,537 | 24,578 | 5,285 | 1986 | 04/07 | 40 | |||||||||||||||||||||||||||||
Cincinnati, OH | — | 312 | 898 | — | — | 312 | 898 | 1,210 | 251 | 2002 | 08/10 | 30 | |||||||||||||||||||||||||||||
Matteson, IL | — | 384 | 2,089 | — | — | 384 | 2,089 | 2,473 | 762 | 1992 | 09/11 | 20 | |||||||||||||||||||||||||||||
Gastonia, NC | — | 1,825 | — | 6,101 | — | 1,825 | 6,101 | 7,926 | 1,169 | 1998 | 10/11 | (m) | 35 | ||||||||||||||||||||||||||||
Avon, IN | — | 1,302 | — | 4,178 | — | 1,302 | 4,178 | 5,480 | 675 | 2012 | 12/11 | (m) | 40 | ||||||||||||||||||||||||||||
Austin, TX | — | 2,291 | 1,770 | 4,999 | — | 2,291 | 6,769 | 9,060 | 1,239 | 1996 | 12/11 | 35 | |||||||||||||||||||||||||||||
Lincolnshire, IL | — | 862 | 1,574 | — | — | 862 | 1,574 | 2,436 | 438 | 1999 | 01/12 | 25 | |||||||||||||||||||||||||||||
Knoxville, TN | — | 1,500 | 5,571 | — | — | 1,500 | 5,571 | 7,071 | 1,168 | 1996 | 09/12 | 30 | |||||||||||||||||||||||||||||
Fargo, ND | — | 335 | 2,747 | — | — | 335 | 2,747 | 3,082 | 474 | 2008 | 12/12 | 35 | |||||||||||||||||||||||||||||
Sioux Falls, SD | — | 207 | 1,490 | — | — | 207 | 1,490 | 1,697 | 300 | 1985 | 12/12 | 30 | |||||||||||||||||||||||||||||
Chestertown, MD | — | 856 | 290 | — | — | 856 | 290 | 1,146 | 290 | 1974 | 06/13 | 5 | |||||||||||||||||||||||||||||
Clearwater, FL | — | 433 | 530 | — | — | 433 | 530 | 963 | 196 | 1983 | 06/13 | 15 | |||||||||||||||||||||||||||||
Gulf Breeze, FL | — | 1,021 | 1,382 | — | — | 1,021 | 1,382 | 2,403 | 766 | 1960 | 06/13 | 10 | |||||||||||||||||||||||||||||
Inverness, FL | — | 471 | 755 | — | — | 471 | 755 | 1,226 | 279 | 1984 | 06/13 | 15 | |||||||||||||||||||||||||||||
Lake Placid, FL | — | 289 | 1,402 | — | — | 289 | 1,402 | 1,691 | 259 | 1988 | 06/13 | 30 | |||||||||||||||||||||||||||||
Spotsylvania, VA | — | 1,398 | 1,158 | — | — | 1,398 | 1,158 | 2,556 | 183 | 1964 | 06/13 | 35 | |||||||||||||||||||||||||||||
Tamarac, FL | — | 966 | 1,115 | — | — | 966 | 1,115 | 2,081 | 618 | 1972 | 06/13 | 10 | |||||||||||||||||||||||||||||
Warner Robins, GA | — | 905 | 1,276 | — | — | 905 | 1,276 | 2,181 | 707 | 1973 | 06/13 | 10 | |||||||||||||||||||||||||||||
Omaha, NE | — | 664 | 1,778 | — | — | 664 | 1,778 | 2,442 | 396 | 1995 | 07/14 | 20 | |||||||||||||||||||||||||||||
Mansfield, TX | — | 808 | — | 508 | — | 808 | 508 | 1,316 | 42 | 2015 | 06/15 | (m) | 40 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | |||||||||||||||||||||||||||||||||||||||||
Parma, OH | — | 688 | 2,767 | — | — | 688 | 2,767 | 3,455 | 490 | 1980 | 06/15 | 25 | |||||||||||||||||||||||||||||
El Reno, OK | — | 517 | — | 605 | — | 517 | 605 | 1,122 | 25 | 2017 | 03/17 | (m) | 40 | ||||||||||||||||||||||||||||
Value City Furniture: | |||||||||||||||||||||||||||||||||||||||||
White Marsh, MD | — | 3,762 | — | 3,006 | — | 3,762 | 3,006 | 6,768 | 1,563 | 1998 | 10/97 | (g) | 40 | ||||||||||||||||||||||||||||
VCA Animal Hospital: | |||||||||||||||||||||||||||||||||||||||||
Mission, KS | — | 891 | 3,758 | — | — | 852 | 3,758 | 4,610 | 851 | 2000 | 03/12 | 30 | |||||||||||||||||||||||||||||
Verizon Wireless: | |||||||||||||||||||||||||||||||||||||||||
Anderson, SC (n) | — | 38 | — | — | — | 38 | — | 38 | (e) | (i) | 07/14 | (e) | |||||||||||||||||||||||||||||
Bristol, VA | — | 175 | 512 | — | — | 175 | 512 | 687 | 91 | 2000 | 07/14 | 25 | |||||||||||||||||||||||||||||
Amherst, NY | — | 230 | 175 | 403 | — | 230 | 578 | 808 | 59 | 1977 | 02/15 | 20 | |||||||||||||||||||||||||||||
North Olmsted, OH | — | 324 | 1,015 | — | — | 324 | 1,015 | 1,339 | 60 | 1983 | 08/16 | 40 | |||||||||||||||||||||||||||||
Vitamin Shoppe, The: | |||||||||||||||||||||||||||||||||||||||||
Cincinnati, OH | — | 297 | 443 | 385 | — | 312 | 813 | 1,125 | 331 | 1999 | 06/98 | 40 | |||||||||||||||||||||||||||||
Walgreens: | |||||||||||||||||||||||||||||||||||||||||
Altamonte Springs, FL | — | 1,137 | 2,053 | — | — | 1,137 | (i) | 1,137 | — | (i) | 01/96 | (i) | |||||||||||||||||||||||||||||
Douglasville, GA | — | 413 | 995 | — | — | 413 | 995 | 1,408 | 570 | 1996 | 01/96 | 40 | |||||||||||||||||||||||||||||
Conyers, GA | — | 575 | 999 | 64 | — | 575 | 1,063 | 1,638 | 542 | 1997 | 06/97 | 40 | |||||||||||||||||||||||||||||
Warner Robins, GA | — | 707 | — | 1,227 | — | 707 | 1,227 | 1,934 | 612 | 1999 | 03/98 | (g) | 40 | ||||||||||||||||||||||||||||
Orange Beach, AL | — | 1,410 | 1,996 | — | — | 1,410 | 1,996 | 3,406 | 850 | 2000 | 12/01 | 40 | |||||||||||||||||||||||||||||
Sunrise, FL (n) | — | 1,958 | 1,401 | — | — | 1,958 | 1,401 | 3,359 | 547 | 1994 | 05/03 | 40 | |||||||||||||||||||||||||||||
Albany, NY | — | 25 | 867 | — | — | 25 | 867 | 892 | 310 | 1994 | 09/04 | 40 | |||||||||||||||||||||||||||||
Saratoga Springs, NY | — | 762 | 591 | 4,956 | — | 2,364 | 3,396 | 5,760 | 124 | 2017 | 09/04 | (o) | (k) | ||||||||||||||||||||||||||||
Tulsa, OK | — | 1,193 | 3,056 | — | — | 1,193 | 3,056 | 4,249 | 1,034 | 2003 | 06/05 | 40 | |||||||||||||||||||||||||||||
Boise, ID | — | 792 | 1,875 | — | — | 792 | 1,875 | 2,667 | 550 | 2000 | 03/10 | 30 | |||||||||||||||||||||||||||||
Nampa, ID | — | 1,062 | 2,253 | — | — | 1,062 | 2,253 | 3,315 | 660 | 2000 | 03/10 | 30 | |||||||||||||||||||||||||||||
Pueblo, CO | — | 899 | 3,313 | — | — | 899 | 3,313 | 4,212 | 778 | 2000 | 12/11 | 30 | |||||||||||||||||||||||||||||
Rapid City, SD | — | 1,387 | 2,957 | — | — | 1,387 | 2,957 | 4,344 | 588 | 2000 | 01/12 | 35 | |||||||||||||||||||||||||||||
Hamilton, OH | — | 731 | 2,879 | — | — | 731 | 2,879 | 3,610 | 668 | 2000 | 01/12 | 30 | |||||||||||||||||||||||||||||
Durham, NC | — | 1,553 | 2,621 | — | — | 1,553 | 2,621 | 4,174 | 288 | 1999 | 09/15 | 30 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | |||||||||||||||||||||||||||||||||||||||||
Waterford Nails & Spa: | |||||||||||||||||||||||||||||||||||||||||
Orlando, FL | — | 40 | 111 | — | — | 40 | 111 | 151 | 42 | 2001 | 02/04 | 40 | |||||||||||||||||||||||||||||
Wawa: | |||||||||||||||||||||||||||||||||||||||||
Clearwater, FL | — | 1,184 | 2,526 | 44 | — | 1,476 | (i) | 1,476 | (i) | (i) | 05/93 | (i) | |||||||||||||||||||||||||||||
Wehrenberg Theater: | |||||||||||||||||||||||||||||||||||||||||
Cedar Rapids, IA | — | 1,567 | 8,433 | — | — | 1,567 | 8,433 | 10,000 | 1,572 | 2011 | 07/11 | 40 | |||||||||||||||||||||||||||||
Wenco HQ: | |||||||||||||||||||||||||||||||||||||||||
Ashland, OH | — | 245 | 1,109 | — | — | 245 | 1,109 | 1,354 | 25 | 2014 | 03/18 | 35 | |||||||||||||||||||||||||||||
Wendy's: | |||||||||||||||||||||||||||||||||||||||||
Sacramento, CA | — | 586 | — | — | — | 586 | (i) | 586 | (i) | (i) | 02/98 | (i) | |||||||||||||||||||||||||||||
New Kensington, PA | — | 501 | 333 | — | — | 501 | 333 | 834 | 142 | 1980 | 12/01 | 40 | |||||||||||||||||||||||||||||
Orland Park, IL | — | 562 | 556 | — | — | 562 | 377 | 939 | 162 | 1995 | 12/01 | 40 | |||||||||||||||||||||||||||||
Boerne, TX (n) | — | 456 | 679 | — | — | 456 | 679 | 1,135 | 164 | 1986 | 12/12 | 25 | |||||||||||||||||||||||||||||
Brownsburg, IN (n) | — | 242 | 1,483 | — | — | 242 | 1,483 | 1,725 | 358 | 1984 | 12/12 | 25 | |||||||||||||||||||||||||||||
Converse, TX (n) | — | 301 | 554 | — | — | 301 | 554 | 855 | 96 | 2007 | 12/12 | 35 | |||||||||||||||||||||||||||||
Everett, WA (n) | — | 339 | 1,018 | — | — | 339 | 1,018 | 1,357 | 205 | 2000 | 12/12 | 30 | |||||||||||||||||||||||||||||
Everett, WA (n) | — | 486 | 437 | — | — | 486 | 437 | 923 | 106 | 1979 | 12/12 | 25 | |||||||||||||||||||||||||||||
Fishers, IN (n) | — | 544 | 514 | — | — | 510 | 514 | 1,024 | 104 | 2000 | 12/12 | 30 | |||||||||||||||||||||||||||||
Fishers, IN (n) | — | 766 | 717 | — | — | 766 | 717 | 1,483 | 144 | 1990 | 12/12 | 30 | |||||||||||||||||||||||||||||
Henderson, NV (n) | — | 398 | 1,028 | — | — | 398 | 1,028 | 1,426 | 207 | 1991 | 12/12 | 30 | |||||||||||||||||||||||||||||
Henderson, NV (n) | — | 370 | 311 | — | — | 370 | 311 | 681 | 75 | 1988 | 12/12 | 25 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 320 | 602 | — | — | 320 | 602 | 922 | 121 | 1998 | 12/12 | 30 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 417 | 1,318 | — | — | 417 | 1,318 | 1,735 | 265 | 1991 | 12/12 | 30 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 87 | 1,009 | — | — | 87 | 1,009 | 1,096 | 244 | 1973 | 12/12 | 25 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 281 | 1,018 | — | — | 281 | 1,018 | 1,299 | 205 | 1996 | 12/12 | 30 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 320 | 1,086 | — | — | 320 | 1,086 | 1,406 | 219 | 1993 | 12/12 | 30 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 252 | 1,454 | — | — | 252 | 1,454 | 1,706 | 293 | 1999 | 12/12 | 30 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 271 | 1,221 | — | — | 271 | 1,221 | 1,492 | 295 | 1974 | 12/12 | 25 | |||||||||||||||||||||||||||||
Indianapolis, IN (n) | — | 213 | 1,444 | — | — | 213 | 1,444 | 1,657 | 249 | 2003 | 12/12 | 35 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | |||||||||||||||||||||||||||||||||||||||||
Las Vegas, NV (n) | — | 360 | 253 | — | — | 360 | 253 | 613 | 61 | 1980 | 12/12 | 25 | |||||||||||||||||||||||||||||
Las Vegas, NV (n) | — | 368 | 1,018 | — | — | 368 | 1,018 | 1,386 | 205 | 2001 | 12/12 | 30 | |||||||||||||||||||||||||||||
Las Vegas, NV (n) | — | 533 | 1,424 | — | — | 533 | 1,424 | 1,957 | 287 | 2001 | 12/12 | 30 | |||||||||||||||||||||||||||||
Lynnwood, WA (n) | — | 571 | 1,695 | — | — | 571 | 1,695 | 2,266 | 410 | 1978 | 12/12 | 25 | |||||||||||||||||||||||||||||
N. Las Vegas, NV (n) | — | 310 | 1,463 | — | — | 310 | 1,463 | 1,773 | 253 | 2001 | 12/12 | 35 | |||||||||||||||||||||||||||||
Noblesville, IN (n) | — | 582 | 979 | — | — | 582 | 979 | 1,561 | 197 | 1998 | 12/12 | 30 | |||||||||||||||||||||||||||||
Port Orchard, WA (n) | — | 784 | 1,540 | — | — | 784 | 1,540 | 2,324 | 310 | 1996 | 12/12 | 30 | |||||||||||||||||||||||||||||
Poulsbo, WA | — | 620 | 901 | — | — | 620 | 901 | 1,521 | 136 | 2012 | 12/12 | 40 | |||||||||||||||||||||||||||||
San Antonio, TX (n) | — | 931 | 223 | — | — | 931 | 223 | 1,154 | 45 | 1993 | 12/12 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX (n) | — | 242 | 1,067 | — | — | 242 | 1,067 | 1,309 | 258 | 1977 | 12/12 | 25 | |||||||||||||||||||||||||||||
San Antonio, TX (n) | — | 688 | 727 | — | — | 688 | 727 | 1,415 | 146 | 1993 | 12/12 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX (n) | — | 370 | 272 | — | — | 370 | 272 | 642 | 55 | 1993 | 12/12 | 30 | |||||||||||||||||||||||||||||
San Antonio, TX (n) | — | 553 | 892 | — | — | 303 | 892 | 1,195 | 216 | 1986 | 12/12 | 25 | |||||||||||||||||||||||||||||
Lexington Park, MD | — | 327 | 773 | — | — | 327 | 773 | 1,100 | 115 | 1982 | 07/14 | 30 | |||||||||||||||||||||||||||||
Alcoa, TN | — | 587 | 547 | — | — | 587 | 547 | 1,134 | 106 | 1977 | 02/15 | 20 | |||||||||||||||||||||||||||||
Lincoln Park, MI | — | 326 | 435 | — | — | 326 | 435 | 761 | 67 | 1988 | 02/15 | 25 | |||||||||||||||||||||||||||||
North Canton, OH | — | 121 | 852 | — | — | 121 | 852 | 973 | 110 | 1986 | 02/15 | 30 | |||||||||||||||||||||||||||||
Roanoke, VA | — | 172 | 672 | — | — | 172 | 672 | 844 | 130 | 1983 | 02/15 | 20 | |||||||||||||||||||||||||||||
Ashland, OH | — | 353 | 2,635 | — | — | 353 | 2,635 | 2,988 | 70 | 1993 | 03/18 | 30 | |||||||||||||||||||||||||||||
Ashland, OH | — | 265 | 2,479 | — | — | 265 | 2,479 | 2,744 | 56 | 2013 | 03/18 | 35 | |||||||||||||||||||||||||||||
Bellevue, OH | — | 176 | 1,765 | — | — | 176 | 1,765 | 1,941 | 56 | 1985 | 03/18 | 25 | |||||||||||||||||||||||||||||
Bluffton, OH | — | 98 | 1,090 | — | — | 98 | 1,090 | 1,188 | 29 | 2012 | 03/18 | 30 | |||||||||||||||||||||||||||||
Bucyrus, OH | — | 88 | 2,234 | — | — | 88 | 2,234 | 2,322 | 71 | 1984 | 03/18 | 25 | |||||||||||||||||||||||||||||
Millersburg, OH | — | 226 | 1,559 | — | — | 226 | 1,559 | 1,785 | 41 | 2002 | 03/18 | 30 | |||||||||||||||||||||||||||||
New Bremen, OH | — | 59 | 1,697 | — | — | 59 | 1,697 | 1,756 | 54 | 1988 | 03/18 | 25 | |||||||||||||||||||||||||||||
Norwalk, OH | — | 157 | 3,173 | — | — | 157 | 3,173 | 3,330 | 72 | 2014 | 03/18 | 35 | |||||||||||||||||||||||||||||
Ottawa, OH | — | 69 | 1,599 | — | — | 69 | 1,599 | 1,668 | 42 | 1998 | 03/18 | 30 | |||||||||||||||||||||||||||||
Parma, OH | — | 363 | 805 | — | — | 363 | 805 | 1,168 | 26 | 1983 | 03/18 | 25 | |||||||||||||||||||||||||||||
Shelby, OH | — | 59 | 1,882 | — | — | 59 | 1,882 | 1,941 | 60 | 1989 | 03/18 | 25 | |||||||||||||||||||||||||||||
Upper Sandusky, OH | — | 167 | 2,205 | — | — | 167 | 2,205 | 2,372 | 58 | 1993 | 03/18 | 30 | |||||||||||||||||||||||||||||
Willard, OH | — | 108 | 1,560 | — | — | 108 | 1,560 | 1,668 | 41 | 1995 | 03/18 | 30 | |||||||||||||||||||||||||||||
Wooster, OH | — | 255 | 2,273 | — | — | 255 | 2,273 | 2,528 | 72 | 1979 | 03/18 | 25 | |||||||||||||||||||||||||||||
Wooster, OH | — | 323 | 2,791 | — | — | 323 | 2,791 | 3,114 | 74 | 1994 | 03/18 | 30 | |||||||||||||||||||||||||||||
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Operating Leases: | |||||||||||||||||||||||||||||||||||||||||
Whataburger: | |||||||||||||||||||||||||||||||||||||||||
Albuquerque, NM | — | 624 | 419 | — | — | 624 | 419 | 1,043 | 179 | 1995 | 12/01 | 40 | |||||||||||||||||||||||||||||
Wherehouse Music: | |||||||||||||||||||||||||||||||||||||||||
Independence, MO | — | 503 | 1,209 | — | — | 503 | 1,209 | 1,712 | 394 | 1994 | 12/05 | 40 | |||||||||||||||||||||||||||||
Winn-Dixie: | |||||||||||||||||||||||||||||||||||||||||
Seffner, FL | — | 322 | 1,222 | — | — | 322 | 1,222 | 1,544 | 464 | 1983 | 03/99 | 40 | |||||||||||||||||||||||||||||
Ziebart: | |||||||||||||||||||||||||||||||||||||||||
Maplewood, MN | — | 308 | 311 | — | — | 308 | 311 | 619 | 108 | 1990 | 02/05 | 40 | |||||||||||||||||||||||||||||
Middleburg Heights, OH | — | 199 | 148 | — | — | 199 | 148 | 347 | 52 | 1961 | 02/05 | 40 | |||||||||||||||||||||||||||||
Leasehold Interests: | |||||||||||||||||||||||||||||||||||||||||
Oklahoma City, OK | — | (l) | 1,419 | — | — | (l) | 355 | 355 | 139 | 1997 | 06/97 | 5 | |||||||||||||||||||||||||||||
Oklahoma City, OK | — | (l) | 3,275 | — | — | (l) | 3,275 | 3,275 | 661 | 2016 | 01/16 | 15 | |||||||||||||||||||||||||||||
$ | 12,404 | $ | 2,359,001 | $ | 4,466,050 | $ | 1,078,594 | $ | — | $ | 2,374,005 | $ | 5,481,109 | $ | 7,855,114 | $ | 1,009,374 |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Investment the Company has Invested in Under Direct Financing Leases: | |||||||||||||||||||||||||||||||||||||||||
CVS: | |||||||||||||||||||||||||||||||||||||||||
Warr Acres, OK | $ | — | (l) | $ | 1,365 | $ | — | $ | — | (l) | (c) | (c) | (c) | 1997 | 06/97 | (c) | |||||||||||||||||||||||||
Denny's: | |||||||||||||||||||||||||||||||||||||||||
Stockton, CA | — | 940 | 509 | — | — | (d) | (d) | (d) | (d) | 1982 | 09/06 | (d) | |||||||||||||||||||||||||||||
Food 4 Less: | |||||||||||||||||||||||||||||||||||||||||
Chula Vista, CA | — | — | 4,266 | — | — | — | (c) | (c) | (c) | 1995 | 11/98 | (c) | |||||||||||||||||||||||||||||
Jared Jewelers: | |||||||||||||||||||||||||||||||||||||||||
Toledo, OH | — | (l) | 1458 | — | — | (l) | (c) | (c) | (c) | 1998 | 12/01 | (c) | |||||||||||||||||||||||||||||
Lewisville, TX | — | (l) | 1,503 | — | — | (l) | (c) | (c) | (c) | 1998 | 12/01 | (c) | |||||||||||||||||||||||||||||
Glendale, AZ | — | (l) | 1,599 | — | — | (l) | (c) | (c) | (c) | 1998 | 12/01 | (c) | |||||||||||||||||||||||||||||
Rite Aid: | |||||||||||||||||||||||||||||||||||||||||
Kennett Square, PA | — | (l) | — | 1,984 | — | (l) | (c) | (c) | (c) | 2000 | 12/00 | (c) | |||||||||||||||||||||||||||||
Sunshine Energy: | |||||||||||||||||||||||||||||||||||||||||
Altamont, KS | — | 124 | 142 | — | — | (d) | (d) | (d) | (d) | 1979 | 07/09 | (d) | |||||||||||||||||||||||||||||
Walgreens: | |||||||||||||||||||||||||||||||||||||||||
Arlington, VA | — | (l) | 3,201 | — | — | (l) | (c) | (c) | (c) | 2000 | 02/02 | (c) | |||||||||||||||||||||||||||||
$ | — | $ | 1,064 | $ | 14,043 | $ | 1,984 | $ | — | $ | — | $ | — | $ | — | $ | — |
Initial Cost to Company | Costs Capitalized Subsequent to Acquisition | Gross Amount at Which Carried at Close of Period (a) (b) | Life on Which Depreciation & Amortization in Latest Income Statement is Computed (Years) | ||||||||||||||||||||||||||||||||||||||
Encumbrances | Land | Building, Improvements & Leasehold Interests | Improvements | Carrying Costs | Land | Building, Improvements & Leasehold Interests | Total | Accumulated Depreciation and Amortization | Date of Construction | Date Acquired | |||||||||||||||||||||||||||||||
Real Estate Held for Sale the Company has Invested in: | |||||||||||||||||||||||||||||||||||||||||
Amazing Jake's: | |||||||||||||||||||||||||||||||||||||||||
Plano, TX | $ | — | $ | 5,705 | $ | 17,049 | $ | 18 | $ | — | $ | 5,706 | $ | 6,639 | $ | 12,345 | $ | 5,098 | 1982 | 07/08 | (h) | 35 | |||||||||||||||||||
Chipotle: | |||||||||||||||||||||||||||||||||||||||||
Hadley, MA | — | 45 | — | — | — | 632 | — | 632 | (e) | (e) | 02/08 | 0 | |||||||||||||||||||||||||||||
Gander Outdoors: | |||||||||||||||||||||||||||||||||||||||||
Eau Claire, WI | — | 2,263 | 8,418 | 662 | — | 2,263 | 5,258 | 7,521 | 1,799 | 2008 | 07/11 | (h) | 35 | ||||||||||||||||||||||||||||
Vacant Land: | |||||||||||||||||||||||||||||||||||||||||
Hadley, MA | — | 2,824 | — | — | — | 5 | — | 5 | (e) | (e) | 02/08 | 0 | |||||||||||||||||||||||||||||
$ | — | $ | 10,837 | $ | 25,467 | $ | 680 | $ | 8,606 | $ | 11,897 | $ | 20,503 | $ | 6,897 |
(a) | Transactions in real estate and accumulated depreciation during 2018, 2017, and 2016 are summarized as follows: |
2018 | 2017 | 2016 | |||||||||
Land, buildings, and leasehold interests: | |||||||||||
Balance at the beginning of year | $ | 7,314,132 | $ | 6,647,597 | $ | 5,913,547 | |||||
Acquisitions, completed construction and tenant improvements | 706,903 | 744,577 | 833,764 | ||||||||
Disposition of land, buildings, and leasehold interests | (109,590 | ) | (73,089 | ) | (91,818 | ) | |||||
Provision for loss on impairment of real estate | (27,812 | ) | (4,953 | ) | (7,896 | ) | |||||
Balance at the close of year | $ | 7,883,633 | $ | 7,314,132 | $ | 6,647,597 | |||||
Accumulated depreciation and amortization: | |||||||||||
Balance at the beginning of year | $ | 881,121 | $ | 742,467 | $ | 624,607 | |||||
Disposition of land, buildings, and leasehold interests | (28,076 | ) | (14,035 | ) | (16,286 | ) | |||||
Depreciation and amortization expense | 163,226 | 152,689 | 134,146 | ||||||||
Balance at the close of year | $ | 1,016,271 | $ | 881,121 | $ | 742,467 |
(b) | As of December 31, 2018, the leases are treated as either operating or financing leases for federal income tax purposes. As of December 31, 2018, the aggregate cost of the properties owned by NNN that are under operating leases were $7,764,828 and financing leases were $2,703. |
(c) | For financial reporting purposes, the portion of the lease relating to the building has been recorded as a direct financing lease; therefore, depreciation is not applicable. |
(d) | For financial reporting purposes, the lease for the land and building has been recorded as a direct financing lease; therefore, depreciation is not applicable. |
(e) | NNN owns only the land for this property. |
(f) | Date acquired represents acquisition date of land. Pursuant to lease agreement, NNN purchased the buildings from the tenants upon completion of construction, generally within 12 months from the acquisition of the land. |
(g) | Date acquired represents acquisition date of land. NNN developed the buildings, generally completing construction within 12 months from the acquisition date of the land. |
(h) | As of December 31, 2018, this property has been classified as held for sale. Accumulated depreciation and amortization were recorded prior to this reclassification. |
(i) | NNN owns only the land for this property, which is subject to a ground lease between NNN and the tenant. The tenant funded the improvements on the property. |
(j) | Property is encumbered as a part of NNN's $15,151 long-term, fixed rate mortgage and security agreement, net of premium. |
(k) | Pursuant to lease agreement, NNN funds the tenant's construction draws. Building improvements are pending final funding which is anticipated to occur within six months. Depreciation is based on store opening and costs to date, and will be adjusted at time of final funding. |
(l) | NNN owns only the building for this property. The land is subject to a ground lease between NNN and an unrelated third party. |
(m) | Date acquired represents acquisition date of land. Pursuant to lease agreement, NNN funds the tenant's construction draws, final funding occurs generally within 12 months from the acquisition of the land. |
(n) | The tenant of this property has subleased the property. The tenant continues to be responsible for complying with all the terms of the lease agreement and is continuing to pay rent on this property to NNN. |
(o) | Date acquired represents acquisition date of land and building. Pursuant to lease agreement, NNN funds additional tenant construction draws. Final funding generally within 12 months from acquisition. |
(p) | The land is subject to a ground lease between NNN and an unrelated third party. Pursuant to the lease agreement, NNN funds the tenant's construction draws, final funding occurs generally within 12 months from the execution of the ground lease. |