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Property Dispositions (Tables)
 3 Months Ended
Mar. 31, 2021
Discontinued Operations And Disposal Groups [Abstract]  
Schedule of Properties Disposed of

The following table provides a summary of consolidated shopping centers and land parcels sold during the periods set forth below:

 

 

 

Three months ended March 31,

 

 

(in thousands, except number sold data)

 

2021

 

 

2020

 

 

Net proceeds from sale of real estate investments

 

$

53,859

 

 

 

103,522

 

(1)

Gain on sale of real estate, net of tax

 

 

11,698

 

 

 

38,005

 

 

Number of operating properties sold

 

 

4

 

 

 

2

 

 

Number of land parcels sold

 

 

1

 

 

 

1

 

 

Percent interest sold

 

 

100

%

 

100%

 

 

 

(1) Includes proceeds from repayment of a short-term note on the sale of one of the properties, issued at closing and repaid during the same three months ended March 31, 2020.