Real Estate Activity (Tables)

6 Months Ended

Jun. 30, 2020

Real Estate Investments, Net [Abstract]

Schedule of Real Estate Disposal

The following table summarizes our real estate disposition activity (dollars in thousands):

	Six Months Ended June 30,
	2020			2019
Number of properties sold(1)	4			6
Number of outparcels sold	—			1
Proceeds from sale of real estate	$	25,778		$	47,857
(Loss) gain on sale of properties, net(2)	(1,436		)	6,627

⁽¹⁾  We retained certain outparcels of land associated with one of our property dispositions during the six months ended June 30, 2020, and as a result, this property is still included in our total property count.

⁽²⁾  The (loss) gain on sale of properties, net does not include miscellaneous write-off activity, which is also recorded in (Loss) Gain on Disposal of Property, Net on the consolidated statements of operations.

Subsequent to June 30, 2020, we sold one property for $8.5 million.

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

The fair value and weighted-average useful life at acquisition for lease intangibles acquired as part of acquisitions in the six months ended June 30, 2019 are as follows (dollars in thousands, weighted-average useful life in years):

	Six Months Ended June 30, 2019
	Fair Value			Weighted-Average Useful Life
In-place leases	$	4,736		11
Above-market leases	825			8
Below-market leases	(2,097		)	16