Dispositions

6 Months Ended

Jun. 30, 2020

Gain Loss On Disposition Of Assets [Abstract]

Dispositions

8. Dispositions

During the quarter, we sold a parcel of land adjacent to The Phoenician hotel for approximately $17 million and recorded a gain on sale of $12 million. In connection with the sale, we received as consideration a note receivable for $9 million that matures in January 2021.