Cousins Properties Incorporated 2006 Annual Report - SNL Financial
Cousins Properties Incorporated 2006 Annual Report - SNL Financial
Cousins Properties Incorporated 2006 Annual Report - SNL Financial
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S-3<br />
Description Encumbrances<br />
COUSINS PROPERTIES INCORPORATED AND CONSOLIDATED ENTITIES<br />
REAL ESTATE AND ACCUMULATED DEPRECIATION<br />
DECEMBER 31, <strong>2006</strong><br />
($ in thousands)<br />
Land<br />
and<br />
Improvements<br />
Initial Cost<br />
to Company<br />
Buildings<br />
and<br />
Improvements<br />
Costs Capitalized<br />
Subsequent<br />
to Acquisition<br />
Land<br />
and<br />
Improvements<br />
Buildings<br />
and<br />
Improvements<br />
Less Cost<br />
of Sales<br />
and Other<br />
Gross Amount at Which<br />
Carried at<br />
End of Period<br />
Land and<br />
Improvements<br />
Buildings<br />
and<br />
Improvements<br />
Less Cost<br />
of Sales<br />
and Other<br />
Total<br />
(a)<br />
AccumulatedDepreciation(a)<br />
Date of<br />
Construction/<br />
Renovation<br />
SCHEDULE III<br />
(PAGE 3 of 5)<br />
Date<br />
Acquired<br />
Life on<br />
Which Depreciation<br />
in <strong>2006</strong><br />
Statement<br />
of Income<br />
is Computed(b)<br />
Retail<br />
The Avenue Carriage<br />
Crossing —<br />
Memphis, TN . . . . . . . .<br />
North Point Stand Alone<br />
Retail Sites —<br />
$ — $10,425 $ — $ — $ 80,467 $10,425 $ 80,467 $ 90,892 $ 5,421 2004 2004 30 Years<br />
Suburban Atlanta, GA . . . — 4,559 — (1,482) (1,465) 3,077 (1,465) 1,612 142 — 1993 10-24 Years<br />
Total Retail . . . . . . . . .<br />
Industrial<br />
King Mill Distribution<br />
Park — Building A —<br />
— 14,984 — (1,482) 79,002 13,502 79,002 92,504 5,563<br />
Suburban Atlanta, GA . . .<br />
Total Operating<br />
2,625 1,943 — 195 11,472 2,138 11,472 13,610 276 2005 2005 30 Years<br />
<strong>Properties</strong> . . . . . . . . . .<br />
PROJECTS UNDER<br />
DEVELOPMENT<br />
Office<br />
Terminus 100 —<br />
118,596 68,256 312,506 (790) 209,738 67,466 522,244 589,710 115,865<br />
Atlanta, GA . . . . . . . . . — 14,473 — — 99,091 14,473 99,091 113,564 — 2005 2005 —<br />
Retail<br />
The Avenue Webb Gin —<br />
Suburban Atlanta, GA . . .<br />
The Avenue Carriage<br />
Crossing —<br />
Phase I Expansion —<br />
— 11,583 — — 58,174 11,583 58,174 69,757 775 2005 2005 30 years<br />
Memphis, TN . . . . . . . .<br />
San Jose MarketCenter —<br />
— 813 — — 1,991 813 1,991 2,804 — <strong>2006</strong> 2004 —<br />
San Jose, CA . . . . . . . . — 39,121 — — 40,837 39,121 40,837 79,958 1,129 2005 2005 30 years<br />
Total Retail . . . . . . . . . — 51,517 — — 101,002 51,517 101,002 152,519 1,904
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