Assets Held for Sale

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Assets Held for Sale

Assets Held for Sale

As of June 30, 2018, we classified one of our properties as held for sale as we recommended and our Board of Directors committed to an approved plan to seek to dispose of the property. Subsequent to June 30, 2018, the held for sale property was sold for a gross sales price of $9.3 million. As of December 31, 2017, there were no properties held for sale. The following table represents the major classes of assets and liabilities, and the balance sheet classification as of June 30, 2018 (in thousands):

	June 30, 2018
Buildings and improvements	$	9,563
In place leases	1,859
	11,422
Accumulated depreciation and amortization	(5,032		)
Real estate assets held for sale, net	6,390
Receivables and other assets, net	526
Assets held for sale, net	$	6,916
Security deposits, prepaid rent & other liabilities	$	161
Liabilities of assets held for sale	$	161