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Property Dispositions
9 Months Ended
Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Property Dispositions
Property Dispositions
Dispositions
The following table provides a summary of consolidated shopping centers and land parcels disposed of during the periods set forth below:
 
 
Three months ended September 30,
 
Nine months ended September 30,
(in thousands, except number sold data)
 
2018
 
2017
 
2018
 
2017
Net proceeds from sale of real estate investments
 
$
108,634

 
167

 
$
151,142

 
15,397

Gain on sale of real estate, net of tax
 
$
3,228

 
131

 
$
4,448

 
4,913

Provision for impairment of real estate sold
 
$
855

 

 
$
29,443

 

Number of operating properties sold
 
3

 

 
7

 
1

Number of land parcels sold
 
3

 

 
6

 
7

Percent interest sold
 
100
%
 
%
 
100
%
 
100
%

At September 30, 2018, the Company also had three properties classified as Properties held for sale on the Consolidated Balance Sheets, which have sold or are expected to sell subsequent to September 30, 2018.