Impairments	9 Months Ended
Sep. 30, 2016
Impairments
Impairments	13.Impairments We review long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. A provision is made for impairment if estimated future operating cash flows (undiscounted and without interest charges) plus estimated disposition proceeds (undiscounted) are less than the current book value of the property. Key factors that we utilize in this analysis include projected rental rates, estimated holding periods, historical sales and releases, capital expenditures and property sales capitalization rates. If a property is classified as held for sale, it is carried at the lower of carrying cost or estimated fair value, less estimated cost to sell, and depreciation of the property ceases. During the third quarter of 2016, we recorded total provisions for impairment of $8.8 million on 11 sold properties, five properties classified as held for sale and two properties classified as held for investment in the following industries: one in the automotive service industry, one in the automotive tire services industry, one in the financial services industry, one in the general merchandise industry, 13 in the restaurant-casual dining industry, and one among the industries we classify as “other.” For the first nine months of 2016, we recorded total provisions for impairment of $17.0 million on 23 sold properties, seven properties classified as held for sale, and two properties classified as held for investment in the following industries: one in the automotive parts industry, two in the automotive service industry, one in the automotive tire services industry, one in the convenience store industry, one in the financial services industry, one in the furniture store industry, one in the general merchandise industry, one in the health and fitness industry, 19 in the restaurant-casual dining industry, one in the restaurant-quick service industry and three among the industries we classify as “other.” In comparison, during the third quarter of 2015, we recorded total provisions for impairment of $3.9 million on three sold properties and one property classified as held for investment in the following industries: one in the pet supplies and services industry and three in the restaurant-casual dining industry. For the nine months of 2015, we recorded total provisions for impairment of $9.2 million on eight sold properties, three properties classified as held for investment, and one property disposed of other than by sale in the following industries: one in the health and fitness industry, one in the pet supplies and services industry, nine in the restaurant-casual dining industry, and one among the industry we classify as “other.”

13.Impairments

We review long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. A provision is made for impairment if estimated future operating cash flows (undiscounted and without interest charges) plus estimated disposition proceeds (undiscounted) are less than the current book value of the property. Key factors that we utilize in this analysis include projected rental rates, estimated holding periods, historical sales and releases, capital expenditures and property sales capitalization rates. If a property is classified as held for sale, it is carried at the lower of carrying cost or estimated fair value, less estimated cost to sell, and depreciation of the property ceases.

During the third quarter of 2016, we recorded total provisions for impairment of $8.8 million on 11 sold properties, five properties classified as held for sale and two properties classified as held for investment in the following industries: one in the automotive service industry, one in the automotive tire services industry, one in the financial services industry, one in the general merchandise industry, 13 in the restaurant-casual dining industry, and one among the industries we classify as “other.” For the first nine months of 2016, we recorded total provisions for impairment of $17.0 million on 23 sold properties, seven properties classified as held for sale, and two properties classified as held for investment in the following industries: one in the automotive parts industry, two in the automotive service industry, one in the automotive tire services industry, one in the convenience store industry, one in the financial services industry, one in the furniture store industry, one in the general merchandise industry, one in the health and fitness industry, 19 in the restaurant-casual dining industry, one in the restaurant-quick service industry and three among the industries we classify as “other.”

In comparison, during the third quarter of 2015, we recorded total provisions for impairment of $3.9 million on three sold properties and one property classified as held for investment in the following industries: one in the pet supplies and services industry and three in the restaurant-casual dining industry. For the nine months of 2015, we recorded total provisions for impairment of $9.2 million on eight sold properties, three properties classified as held for investment, and one property disposed of other than by sale in the following industries: one in the health and fitness industry, one in the pet supplies and services industry, nine in the restaurant-casual dining industry, and one among the industry we classify as “other.”