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Gain on Sales of Real Estate
9 Months Ended
Sep. 30, 2017
Gain on Sales of Real Estate  
Gain on Sales of Real Estate

13.     Gain on Sales of Real Estate

 

During the third quarter of 2017, we sold 17 properties for $25.5 million, which resulted in a gain of $4.3 million.  During the first nine months of 2017, we sold 46 properties for $69.5 million, which resulted in a gain of $17.7 million.

 

During the third quarter of 2016, we sold 24 properties for $19.6 million, which resulted in a gain of $4.3 million.  During the first nine months of 2016, we sold 51 properties for $55.2 million, which resulted in a gain of $15.3 million.