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Property Dispositions (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six months ended June 30,

(in thousands, except number sold data)

 

2021

 

 

2020

 

 

2021

 

 

2020

Net proceeds from sale of real estate investments

 

$

53,718

 

 

 

12,092

 

 

$

107,577

 

 

 

115,614

 

 

Gain on sale of real estate, net of tax

 

 

19,781

 

 

 

7,448

 

 

 

31,479

 

 

 

45,453

 

 

Provision for impairment of real estate sold

 

 

135

 

 

 

230

 

 

 

135

 

 

 

571

 

 

Number of operating properties sold

 

 

2

 

 

 

1

 

 

 

6

 

 

 

3

 

 

Number of land parcels sold

 

 

-

 

 

 

3

 

 

 

1

 

 

 

4

 

 

Percent interest sold

 

 

100

%

 

50% - 100%

 

 

 

100

%

 

50% - 100%