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Acquisitions and Dispositions (Tables)
3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
Schedule of real estate acquisitions
The table below provides information regarding the Company's purchase of a multi-family property during the three months ended March 31, 2019 (dollars in thousands):

LocationPurchase DateNo. of UnitsPurchase PriceAcquisition Mortgage DebtInitial BRT EquityOwnership PercentageCapitalized Acquisition Costs
Kannapolis, North Carolina3/12/2019312 $48,065 $33,347 $11,231 65  $559 


The table below provides information regarding the Company's purchases of multi-family properties during the three months ended March 31, 2018 (dollars in thousands):
LocationPurchase DateNo. of UnitsPurchase PriceAcquisition Mortgage DebtInitial BRT EquityOwnership PercentageCapitalized Acquisition Costs
Ocoee, FL2/7/2018522 $71,347 $53,060 $12,370 50.0 %$1,047 
Lawrenceville, GA2/15/2018586 77,229 54,447 15,179 50.0 %767 
1,108 $148,576 $107,507 $27,549 $1,814 
Schedule of property dispositions
The Company did not dispose of any  real estate properties during the three months ended March 31, 2019 

The following table is a summary of the real estate properties disposed of by the Company during the three months ended March 31, 2018 (dollars in thousands):
LocationSale
Date
No. of
Units
Sales PriceGain on SaleNon-controlling partner's portion of the gain
Palm Beach Gardens, FL2/5/2018542$97,200 $41,830 $20,593 
Valley, AL2/23/201861851,000 9,712 4,547 
Fort Washington1/18/20181470 439 — 
1,161 $148,670 $51,981 $25,140