Starwood 2004 Annual Report Download - page 130

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S-2
SCHEDULE III
STARWOOD HOTELS & RESORTS
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2004
(In millions)
Gross Amount
Initial Cost to Costs Subsequent to Book Value
Company Acquisition at December 31, 2004
(a) (a)(b)
Accumulated
Building and Building and Building and Depreciation & Year of Date
Description City State Land Improvements Land Improvements Land Improvements Amortization Construction Acquired Life
The St. Regis, New YorkÏÏÏÏÏÏÏÏÏ New York NY $ 65 $ 150 $ Ì $ 10 $ 65 $ 160 $ 26 1904 6/98 40
Hotel properties, each less than 5%
of total ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Various Various 335 2,788 (11) 429 324 3,217 630 Various Various Various
$400 $2,938 $(11) $439 $389 $3,377 $ 656
Land ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 389 Ì
Furniture, Ñxtures and equipment ÏÏ 516 388
Construction in progress ÏÏÏÏÏÏÏÏÏÏ 16 Ì
$4,298 $1,044
(a) As of December 31, 2004, land, building and improvements, furniture, Ñxtures and equipment and construction in progress have a cost basis of $321 million, $1,644 million, $58 million and
$14 million, respectively, for federal income tax purposes.
(b) Building and improvements include amounts allocated for leasehold interest in land.