Real Estate (Tables)

6 Months Ended

Jun. 30, 2021

Real Estate [Abstract]

Properties sold that qualify as discontinued operations

The Company had two dispositions of consolidated operating properties during the six months ended June 30, 2020. The Company sold the following properties in 2020 ($ in thousands):

Property	Property Type	Location	Square Feet	Sales Price
Hearst Tower	Office	Charlotte, NC	966,000	$	455,500
Woodcrest	Office	Cherry Hill, NJ	386,000	$	25,300

Schedule of assets and liabilities of properties held for sale

The Company's One South at the Plaza property in Charlotte was classified as held for sale as of June 30, 2021 as the result of the Company accepting an offer for the sale of the property in the second quarter of 2021, and the Company's Burnett Plaza property in Fort Worth was classified as held for sale as of December 31, 2020 as the result of the Company accepting an offer for the sale of the property in the fourth quarter of 2020. The major classes of assets and liabilities of those properties held for sale were as follows (in thousands):

	June 30, 2021		December 31, 2020
Real estate assets and other assets held for sale
Operating property, net of accumulated depreciation of $25,902 and $8,123 in 2021 and 2020, respectively	$	247,034	$	106,864
Notes and accounts receivable	398		439
Deferred rents receivable	3,359		2,480
Intangible assets, net of accumulated amortization of $12,326 and $6,065 in 2021 and 2020, respectively	9,228		15,830
Other assets	228		133
Total real estate assets and other assets held for sale	$	260,247	$	125,746
Liabilities of real estate assets held for sale
Accounts payable and accrued expenses	$	2,985	$	7,399
Deferred income	110		44
Intangible liabilities, net of accumulated amortization of $4,512 and $1,205  in 2021 and 2020, respectively	6,527		3,014
Other liabilities	1,260		2,149
Total liabilities of real estate assets held for sale	$	10,882	$	12,606