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Property Dispositions

3 Months Ended

Mar. 31, 2020

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 March 31,
(in thousands, except number sold data)	2020			2019
Net proceeds from sale of real estate investments ⁽¹⁾	$	103,522			82,533
Gain on sale of real estate, net of tax		38,005			16,490
Provision for impairment of real estate sold		—			1,672
Number of operating properties sold		2			4
Number of land parcels sold		1			2
Percent interest sold		100	%		100	%

⁽¹⁾

Includes proceeds from repayment of a short-term note on the sale of one of the properties, issued at closing and repaid during the same three months ended in March 31, 2020.

At March 31, 2020, the Company also had one property classified within Properties held for sale on the Consolidated Balance Sheets.