Impairment Charges

6 Months Ended

Jun. 30, 2018

Asset Impairment Charges [Abstract]

Impairment Charges

3.  Impairment Charges

As part of its ongoing strategy, the Company has been evaluating its various real estate holdings over the past two years. As a result of these initiatives, certain buildings have been reclassified to held for sale in 2017 and 2018. Based on the estimated fair value of these buildings (using primarily third party offers considered to be Level 2 inputs), less estimated costs to sell, the Company recorded impairment charges of $0.3 million and $0.5 million during the three and six months ended June 30, 2018 and 2017, respectively. As of June 30, 2018 and December 31, 2017, the Company has classified $1.6 million and $0.3 million, respectively, for these buildings as held for sale, in Other Assets in the Condensed Consolidated Statements of Financial Position (Unaudited).