Real Estate Investments (Tables)

9 Months Ended

Sep. 30, 2021

Real Estate [Abstract]

Gross Carrying Value of Operating Properties

As of September 30, 2021 and December 31, 2020, the gross carrying value of the operating properties was as follows (in thousands):

	September 30, 2021		December 31, 2020
Land	$	391,261	$	407,514
Building and improvements	2,640,229		2,665,232
Tenant improvements	405,584		401,363
Total	$	3,437,074	$	3,474,109

Summary of Properties Sold

The following table summarizes the property dispositions during the nine months ended September 30, 2021 (dollars in thousands):

Property/Portfolio Name	Disposition Date	Location	Property Type	Rentable Square Feet/Acres	Sales Price		Gain/(Loss) on Sale (a)
2100-2200 Lenox Drive	July 6, 2021	Lawrenceville, NJ	Land	35.2 acres	$	8,900	$	842
1100 Lenox Drive	September 8, 2021	Lawrenceville, NJ	Land	5.0 acres	$	2,575	$	68

(a)Gain/(Loss) on Sale is net of closing and other transaction related costs.