Impairment and Dispositions

12 Months Ended

Dec. 31, 2015

Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]

Impairment and Dispositions

Impairment and Dispositions

During the year ended December 31, 2015, we completed dispositions of six MOBs for an aggregate gross sales price of $35.7 million, generating a gain of $0.2 million. These dispositions consisted of non-core buildings or buildings located outside our key markets. During the same period, we recorded impairment charges of $2.6 million, which included $1.7 million that related to a MOB we disposed of during 2015 as a result of a recently solicited offer and $0.9 million that related to another MOB in our portfolio. During the year ended December 31, 2014, we completed three dispositions of portfolios of MOBs for an aggregate gross sales price of $82.9 million resulting in a gain of $27.9 million.