Property Dispositions

9 Months Ended

Sep. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

Property Dispositions

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)	2022		2021			2022		2021
Net proceeds from sale of real estate investments	$	859		24,284		$	137,280		131,861
Gain on sale of real estate, net of tax		220		6,719			106,459		38,198
Provision for impairment of real estate sold		—		(20	)		—		115
Number of operating properties sold		—		—			1		6
Number of land parcels and development project interests sold		1		3			4		4
Percent interest sold	100%		100%			100%		100%

At September 30, 2022, the Company also had one land parcel classified within Properties held for sale on the Consolidated Balance Sheets.