Property Dispositions

9 Months Ended

Sep. 30, 2021

Discontinued Operations and Disposal Groups [Abstract]


3.	Property Dispositions

The following table provides a summary of consolidated shopping centers and land parcels sold during the periods set forth below:


	Three months ended September 30,					Nine months ended September 30,
(in thousands, except number sold data)	2021			2020		2021		2020
Net proceeds from sale of real estate investments	$	24,284			9,925	$	131,861		125,539
Gain on sale of real estate, net of tax		6,719			3,237		38,198		48,690
Provision for impairment of real estate sold		(20	)		—		115		571
Number of operating properties sold		—			—		6		3
Number of land parcels sold		3			4		4		8
Percent interest sold	100%			70% - 100%		100%		50% - 100%

At September 30, 2021, the Company also had one operating property and one land parcel classified within Properties held for sale on the Consolidated Balance Sheets.