Real Estate Properties

During the nine months ended September 30, 2016 and 2015, we made improvements, excluding tenant-funded improvements, to our properties totaling $88.5 million and $46.7 million, respectively.

Properties Held For Sale:

We classify all properties that meet the criteria outlined in the Property, Plant and Equipment Topic of the FASB Accounting Standards Codification (Codification) as held for sale on our condensed consolidated balance sheets. As of December 31, 2015, we had no properties classified as held for sale. As of September 30, 2016, we classified the following property as held for sale (dollars in thousands):

Asset

Date Sold

Number of
Properties

Number of
Buildings

Square

Footage

Gross Sales Price

7800 Shoal Creek Boulevard

October 2016

151,917

29,210

Summarized balance sheet information for the property classified as held for sale is as follows (in thousands):



	September 30, 2016
Real estate properties	$	12,952
Other assets, net	511
Properties held for sale	$	13,463

Accounts payable and accrued expenses	$	337
Rent collected in advance	19
Security deposits	311
Liabilities related to properties held for sale	$	667

Property Dispositions:

During the nine months ended September 30, 2016, we sold the following properties (dollars in thousands):



Asset	Date Sold	Number of Properties	Number of Buildings	Square Footage	Gross Sales Price		Gain (Loss) on Sale
Properties
Executive Park	February 2016	1	9	427,443	$	50,865	$	16,531
3330 N Washington Boulevard	March 2016	1	1	55,719	11,250		5,455
111 East Kilbourn Avenue	March 2016	1	1	373,669	60,500		14,677
1525 Locust Street	April 2016	1	1	98,009	17,700		8,956
633 Ahua Street	April 2016	1	1	93,141	29,000		15,963
Lakewood on the Park	May 2016	1	2	180,558	37,100		13,616
Leased Land	June 2016	1	7	—	48,450		15,914
9110 East Nichols Avenue	June 2016	1	1	143,958	17,200		642
111 River Street(1)	July 2016	1	1	566,215	235,000		78,240
Sky Park Centre	July 2016	1	2	63,485	13,700		4,745
Raintree Industrial Park	July 2016	1	12	563,182	11,500		(653		)
8701 N Mopac	August 2016	1	1	121,901	21,500		8,394

Portfolios of properties
812 San Antonio Street	May 2016	1	1	59,321
1601 Rio Grande Street	May 2016	1	1	56,219
Downtown Austin portfolio		2	2	115,540	$	32,600	$	20,584

785 Schilinger Road South	June 2016	1	1	72,000
401 Vine Street	June 2016	1	1	53,980
633 Frazier Drive	June 2016	1	1	150,000
9840 Gateway Boulevard North	June 2016	1	1	72,000
3003 South Expressway 281	June 2016	1	1	150,000
1331 North Center Parkway	June 2016	1	1	53,980
Movie theater portfolio		6	6	551,960	$	109,100	$	30,595

128 Crews Drive	July 2016	1	1	185,600
111 Southchase Boulevard	July 2016	1	1	168,087
1043 Global Avenue	July 2016	1	1	450,000
South Carolina industrial portfolio		3	3	803,687	$	30,000	$	7,244

100 East Wisconsin Avenue	August 2016	1	1	435,067
111 Monument Circle	August 2016	1	2	1,121,764
101-115 W. Washington Street	August 2016	1	1	634,058
North Point Office Complex	August 2016	1	2	873,335
Midwest portfolio		4	6	3,064,224	$	416,900	$	(15,808	)
		27	56	7,222,691	$	1,142,365	$	225,095


(1)	Property sale represented a leasehold interest.

During the year ended December 31, 2015, we disposed of 91 properties (135 buildings) and one land parcel with a combined 18.9 million square feet for an aggregate gross sales price of $2.0 billion, excluding closing costs.