XML 49 R30.htm IDEA: XBRL DOCUMENT v3.23.1
Sale of Real Estate (Tables)
3 Months Ended
Mar. 31, 2023
Real Estate [Abstract]  
Schedule of Sale of Real Estate

The Company closed on the following sales of real estate, none of which qualified as discontinued operations:

 

 

 

For the Three Months Ended
March 31,

 

(in thousands, except number of properties)

 

2023

 

 

2022

 

Number of properties disposed

 

 

3

 

 

 

1

 

Aggregate sale price(a)

 

$

51,874

 

 

$

5,212

 

Aggregate carrying value

 

 

(46,995

)

 

 

(3,824

)

Additional sales expenses

 

 

(1,464

)

 

 

(192

)

Gain on sale of real estate

 

$

3,415

 

 

$

1,196

 

(a)
Includes $32.0 million of proceeds from the sale of an underlying office property which was executed simultaneously with a lease termination in exchange for a fee of $7.5 million.