Real Estate Activities (Tables)

9 Months Ended

Sep. 30, 2023

Real Estate [Abstract]

Investments in Real Estate

Investments in real estate as of September 30, 2023 and December 31, 2022 were comprised of the following:

	September 30,			December 31,
(in thousands of dollars)	2023			2022
Buildings, improvements and construction in progress	$	2,550,186		$	2,549,731
Land, including land held for development		389,411			389,930
Total investments in real estate		2,939,597			2,939,661
Accumulated depreciation		(1,422,088	)		(1,370,065	)
Net investments in real estate	$	1,517,509		$	1,569,596

Summary of Assets and Liabilities Held for Sale

As of September 30, 2023 and December 31, 2022, we had assets and liabilities that have been classified as held for sale and summarized in the following table:

	September 30,			December 31,
(in thousands of dollars)	2023			2022
Assets held for sale:
Operating properties	$	30,822		$	58,562
Tenant and other receivables, net of allowance		226			226
Other assets		2,221			2,979
Total assets held for sale	$	33,269		$	61,767
Liabilities held for sale:
Accrued expenses and other liabilities	$	(1,780	)	$	(2,539	)
Total liabilities held for sale	$	(1,780	)	$	(2,539	)