8. Real Estate

The Company’s real estate consisted of the following (in thousands):


	December 31,
	2019		2018
Real estate held-for-sale	$	11,297		20,202
Real estate held-for-investment		6,015		10,976
Real estate inventory		48,506		23,778
Total real estate	$	65,818		54,956

During the year ended December 31, 2019, the Company sold various real estate assets that were classified as held-for-sale or held-for-investment, including its remaining land parcels located at PGA Station in Palm Beach Gardens, Florida and various land parcels located in Florida, as well as RoboVault, a self-storage facility in Fort Lauderdale, Florida that was previously classified in property and equipment. As a result of these sales, the Company recognized total net gains on sales of real estate of $13.6 million and received aggregate net proceeds of $35.2 million during the year ended December 31, 2019.