Company: GTY
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019976
Chunk: 3

Company: GETTY REALTY CORP /MD/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 3
---
      1,215

      510

      2015

      Wilbur, WA

      629

      -

      153

      476

      629

      285

      2015

      Oshkosh, WI

      1,525

      -

      212

      1,313

      1,525

      59

      2024

      Inwood, WV

      3,084

      -

      537

      2,547

      3,084

      86

      2024

      Morgantown, WV

      5,389

      -

      1,312

      4,077

      5,389

      144

      2024

      Various

      86,636

      13,662

      48,428

      51,870

      100,298

      39,843

      various

      Total
       
      $
      1,908,486

      $
      64,506

      $
      943,933

      $
      1,029,059

      $
      1,972,992

      $
      308,062

     a)Initial cost of acquisition or leasehold investment represents the aggregate costs incurred during the year in which we purchased the property or leasehold interest.b)Cost capitalized subsequent to initial investment includes investments made in previously leased properties prior to their acquisition.c)Depreciation of real estate is computed on the straight-line method based upon the estimated useful lives of the assets, which generally range from 16 to 25 years for buildings and improvements, or the term of the lease if shorter. Leasehold interests are amortized over the remaining term of the underlying lease.The aggregate cost for federal income tax purposes was approximately $2.1 billion as of December 31, 2024.

98

GETTY REALTY CORP. and SUBSIDIARIESSCHEDULE IV—MORTGAGE LOANS ON REAL ESTATEAs of December 31, 2024(in thousands) 

      Borrower
       
      Description
       
      Location(s)
       
      Interest Rate

      Final Maturity Date

      Periodic Payment Terms (a)
       
      Face Value at Inception

      Amount of Principal Unpaid at Close ofPeriod

      Mortgage Loans:

      Borrow