Dispositions

12 Months Ended

Dec. 31, 2016

Assets Of Disposal Group Including Discontinued Operation [Abstract]

Dispositions

4. Dispositions

In accordance with provisions of ASC 360, Property, Plant and Equipment, we have reclassified the assets of Waterview, which is in our Washington, D.C. segment, to “assets held for sale”.  The following table provides the details of the assets classified as held for sale.

	The Company
(Amounts in thousands)	As of December 31, 2016
Land	$	78,300
Building and improvements, net		251,671
Deferred charges		14,512
Deferred rent receivable		2,202
Assets held for sale	$	346,685

On January 12, 2017, we entered into an agreement to sell Waterview, a 636,768 square foot Class A office building in Rosslyn, Virginia, for $460,000,000.  The sale, which is subject to customary closing conditions, is expected to close in the second quarter of 2017.  See Note 27, Subsequent Events for details.