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Assets Held for Sale or Contribution
 12 Months Ended
Dec. 31, 2017
Real Estate Assets Held For Development And Sale [Abstract]  
Assets Held for Sale or Contribution

NOTE 6. ASSETS HELD FOR SALE OR CONTRIBUTION

 

We had investments in certain real estate properties that met the criteria to be classified as held for sale or contribution at December 31, 2017, and 2016. At the time of classification, these properties were expected to be sold to third parties or were recently developed and expected to be contributed to unconsolidated co-investment ventures within twelve months. The amounts included in Assets Held for Sale or Contribution represented real estate investment balances and the related assets and liabilities for each property.

 

Assets held for sale or contribution consisted of the following (dollars and square feet in thousands):

 

 

 

2017

 

 

2016

 

Number of operating properties

 

 

22

 

 

 

13

 

Square feet

 

 

5,384

 

 

 

4,167

 

Total assets held for sale or contribution

 

$

342,060

 

 

$

322,139

 

Total liabilities associated with assets held for sale or contribution – included in Other Liabilities

 

$

9,341

 

 

$

4,984