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Property Dispositions (Tables)
6 Months Ended
Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Properties Disposed of

The following table provides a summary of consolidated shopping centers and land parcels sold during the periods set forth below:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

(in thousands, except number sold data)

 

2022

 

 

2021

 

 

2022

 

 

2021

Net proceeds from sale of real estate investments

 

$

11,497

 

 

 

53,718

 

 

$

136,421

 

 

 

107,577

 

 

Gain on sale of real estate, net of tax

 

 

4,291

 

 

 

19,781

 

 

 

106,239

 

 

 

31,479

 

 

Provision for impairment of real estate sold

 

 

 

 

 

135

 

 

 

 

 

 

135

 

 

Number of operating properties sold

 

 

 

 

 

2

 

 

 

1

 

 

 

6

 

 

Number of land parcels and development project interests sold

 

 

2

 

 

 

 

 

 

3

 

 

 

1

 

 

Percent interest sold

 

100%

 

 

100%

 

 

100%

 

 

100%