Item 2. Properties
Item 2. Properties
As of December 31, 2024, the net book value of our office properties was $11.0 million, and the net book value of our furniture, fixtures and equipment was $1.5 million. The following table sets forth information regarding our offices.
Net Book Value
Leased or
Year Acquired
of Real
Location
Owned
or Leased
Property
(In thousands)
Headquarters:
10089 Fairfax Blvd.
Fairfax, VA 22030
Owned
2010
$7,063
Other Properties:
Herndon Branch
727 Elden Street
Leased
2004
—
Herndon, VA 20170
Operations Center
22980 Shaw Road
Leased
2021
—
Sterling, VA, 20166
Middleburg Office
10 N. Pendleton Street
Leased
2024
—
Building A, Suite 100
Middleburg, VA 20118
McLean Branch
1354 Old Chain Bridge Road
Owned
2014
1,271
McLean, VA 22101
Clarendon Branch
1000 N. Highland Street
Owned
2009
464
Arlington, VA 22201
Leesburg Branch
307 E. Market Street
Owned
2017
2,189
Leesburg, VA 20176
Washington D.C. Branch
1130 Connecticut Avenue, N.W.
Leased
2019
—
Washington , D.C. 20036
We believe that current facilities are adequate to meet our present and foreseeable needs, subject to possible future expansion. See Note 7 of Notes to the December 31, 2024, Consolidated Financial Statements, for additional disclosures related to the Company’s properties.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.