Disposition of Properties and Properties Held for Sale (Tables)

12 Months Ended

Dec. 31, 2015

Disposition of Properties and Properties Held for Sale [Abstract]

Disclosure of Long Lived Assets Held-for-sale

The carrying values of the assets classified as rental property held for sale at December 31, 2014 totaled $46.0 million and were comprised of the following (in thousands):

	2014
Rental property, net	$	43,532
Deferred lease costs and other intangibles, net	757
Prepaids and other assets	1,716
Rental property held for sale	$	46,005

The following table sets forth the properties sold for the years ended 2015 and 2014 (in thousands):

Properties	Locations	Date Sold	Square Feet	Net Sales Proceeds		Gain on Sale
2015 Dispositions:
Barstow	Barstow, CA	October 2015	171	$	105,793	$	86,506
Kittery I and II, Tuscola, and West Branch	Kittery, ME, Tuscola, IL, and West Branch, MI	September 2015	439	$	43,304	$	20,215
2014 Dispositions:
Lincoln City	Lincoln City, OR	December 2014	270	$	38,993	$	7,513