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Property Dispositions
 6 Months Ended
Jun. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Property Dispositions
Property Dispositions
Dispositions
The following table provides a summary of consolidated shopping centers and land parcels disposed of during the periods set forth below:
 
 
Three months ended June 30,
 
Six months ended June 30,
(in thousands, except number sold data)
 
2018
 
2017
 
2018
 
2017
Net proceeds from sale of real estate investments
 
$
38,781

 
$
13,481

 
$
42,008

 
$
15,230

Gain on sale of real estate, net of tax
 
$
1,123

 
$
4,366

 
$
1,219

 
$
4,781

Provision for impairment of real estate sold
 
$
2,974

 
$
—

 
$
3,348

 
$
—

Number of operating properties sold
 
3

 
1

 
4

 
1

Number of land parcels sold
 
3

 
5

 
3

 
7

Percent interest sold
 
100
%
 
100
%
 
100
%
 
100
%

At June 30, 2018, the Company also had three properties classified as Properties held for sale on the Consolidated Balance Sheets, all of which have sold subsequent to June 30, 2018.