Note 3 - Real Estate

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Real Estate Disclosure [Text Block]

3. Real Estate

Acquisitions

During the six months ended June 30, 2022, the Company acquired four parcels for an aggregate purchase price of $23.2 million, in separate transactions.

Dispositions

The table below summarizes the Company’s disposition activity relating to consolidated operating properties and parcels (dollars in millions):

	Six Months Ended June 30,
	2022		2021
Aggregate sales price	$	43.3	$	132.2
Gain on sale of properties (1)	$	7.1	$	28.9
Number of properties sold		1		3
Number of parcels sold		8		7

(1) Before noncontrolling interests of $3.1 million and taxes of $2.1 million, after utilization of net operating loss carryforwards, for the six months ended June 30, 2021.