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Company Description (as filed with the SEC)
The Company. We are a real estate investment trust, or REIT, formed in 2009 under Maryland law. As of December 31, 2015, excluding one property (one building) classified as discontinued operations, we owned 71 properties (91 buildings) with an undepreciated carrying value of approximately $1.7 billion and a depreciated carrying value of approximately $1.4 billion. These 71 properties have approximately 10.7 million rentable square feet. As of December 31, 2015, we also owned 24,918,421 common shares of beneficial interest, par value $.01 per share, of Select Income REIT, or SIR, or approximately 27.9% of the then outstanding common shares of SIR. SIR is a REIT that is primarily focused on owning and investing in net leased, single tenant properties. As of December 31, 2015 our investment in SIR had a carrying value of approximately $491.4 million. ... More ...