XML 66 R48.htm IDEA: XBRL DOCUMENT v3.20.4
Investment in Real Estate Inestment in Real Estate - Summary of Industrial Property Dispositions (Details)
$ in Thousands, ft² in Millions
12 Months Ended
Dec. 31, 2020
USD ($)
ft²
Property
Dec. 31, 2019
USD ($)
ft²
Property
Dec. 31, 2018
USD ($)
ft²
Property
Real Estate Properties [Line Items]      
Number of industrial properties | Property 427    
Gross leasable area (GLA) of industrial properties | ft² 62.8    
Proceeds from sale of industrial properties [1] $ 153,351 $ 315,768 $ 192,047
Gain on sale of real estate [1] 86,751 $ 124,942 81,600
Sales Type Lease      
Real Estate Properties [Line Items]      
Gross leasable area (GLA) of industrial properties | ft²   0.6  
Sales-type Lease, Selling Profit (Loss) 0 $ 8,606 0
Sales-type Lease, Lease Receivable $ 0 $ 54,521 $ 0
Disposition Activity      
Real Estate Properties [Line Items]      
Number of industrial properties | Property [2] 29 40 53
Gross leasable area (GLA) of industrial properties | ft² 1.9 5.9 2.6
Partial Disposition Activity      
Real Estate Properties [Line Items]      
Number of industrial properties | Property 1    
[1] (B) Gross proceeds and gain on sale of real estate include the sale of several land parcels for the years ended December 31, 2019 and 2018. In addition, included in the above table for the year ended December 31, 2019, is 0.6 million square feet of GLA, gross proceeds of $54,521 and gain on sale of $8,606 related to the reclassification of a lease from an operating lease to a sales-type lease that was recorded as a lease receivable as of December 31, 2019 and collected during 2020. See Note 10 for additional information.
[2] (A) Included as one industrial property for each of the years ended December 31, 2020 and 2019 is the sale of multiple industrial condominium units.