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Property Dispositions
6 Months Ended
Jun. 30, 2019
Discontinued Operations And Disposal Groups [Abstract]  
Property Dispositions

3.

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 June 30,

 

 

Six months ended June 30,

 

(in thousands, except number sold data)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Net proceeds from sale of real estate investments

 

$

927

 

 

 

38,781

 

 

$

83,460

 

 

 

42,008

 

Gain on sale of real estate, net of tax

 

 

442

 

 

 

1,123

 

 

 

16,932

 

 

 

1,219

 

Provision for impairment of real estate sold

 

 

(6

)

 

 

2,974

 

 

 

1,666

 

 

 

3,348

 

Number of operating properties sold

 

 

-

 

 

 

3

 

 

 

4

 

 

 

4

 

Number of land parcels sold

 

 

1

 

 

 

3

 

 

 

3

 

 

 

3

 

Percent interest sold

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%

 

At June 30, 2019, the Company also had one property classified within Properties held for sale on the Consolidated Balance Sheets.