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Dispositions
12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
3.    Property Dispositions
               
Dispositions

The following table provides a summary of consolidated shopping centers and land parcels disposed of:
 
Year ended December 31,
(in thousands)
2016
 
2015
 
2014
Net proceeds from sale of real estate investments
$
137,479

(1) 
108,822

 
118,787

Gain on sale of real estate, net of tax
$
47,321

 
35,606

 
55,077

Provision for impairment of real estate sold
$
1,700

 

 
1,257

Number of operating properties sold
11

 
5

 
11

Number of land out-parcels sold
16

 
2

 
6

(1) Includes cash deposits received in the previous year.