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Assets Held for Sale
9 Months Ended
Sep. 30, 2015
Real Estate Assets Held For Development And Sale [Abstract]  
Assets Held for Sale

Note 5. Assets Held for Sale

 

We had certain investments in real estate properties that met the criteria to be classified as held for sale at September 30, 2015, and December 31, 2014. These properties are expected to be sold to third parties or contributed to unconsolidated co-investment ventures. The amounts included in held for sale represented real estate investment balances and the related assets and liabilities for each property.

 

Assets held for sale consisted of the following (dollars and square feet in thousands):

 

 

 

September 30, 2015

 

 

December 31, 2014

 

Number of operating properties

 

 

19

 

 

 

7

 

Square feet

 

 

5,538

 

 

 

457

 

Total assets held for sale (1)

 

$

369,382

 

 

$

43,934

 

Total liabilities associated with assets held for sale – included in Other Liabilities in the Consolidated Balance Sheets

 

$

7,230

 

 

$

-

 

 

(1)

Includes two parcels of land held for sale at September 30, 2015.