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Property Dispositions
 9 Months Ended
Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Property Dispositions
Property Dispositions

Dispositions

The following table provides a summary of shopping centers and land parcels disposed of:
 
 
Three months ended September 30,
 
Nine months ended September 30,
(in thousands)
 
2016
 
2015
 
2016
 
2015
Net proceeds from sale of real estate investments
 
$
47,180

 
$
67,345

 
$
85,885

(1 
) 
$
93,727

Gain on sale of real estate, net of tax
 
$
9,580

 
$
27,755

 
$
22,997

 
$
34,215

Provision for impairment
 
$
—

 
$
—

 
$
(1,666
)
 
—

Number of operating properties sold
 
3
 
2
 
7
 
4
Number of land parcels sold
 
2
 
—
 
12
 
—
Percent interest sold
 
100
%
 
100
%
 
100
%
 
100
%
(1) Includes cash deposits received in the previous year.