XML 37 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Assets Held for Sale or Contribution
 6 Months Ended
Jun. 30, 2018
Real Estate Assets Held For Development And Sale [Abstract]  
Assets Held for Sale or Contribution

NOTE 4. ASSETS HELD FOR SALE OR CONTRIBUTION

 

We have investments in certain real estate properties that met the criteria to be classified as held for sale or contribution at June 30, 2018 and December 31, 2017. 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 for each property.

 

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

 

 

 

June 30,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Number of operating properties

 

 

73

 

 

 

22

 

Square feet

 

 

14,735

 

 

 

5,384

 

Total assets held for sale or contribution

 

$

892,546

 

 

$

342,060

 

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

 

$

22,829

 

 

$

9,341