Property Dispositions

6 Months Ended

Jun. 30, 2020

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 June 30,					Six months ended June 30,
(in thousands, except number sold data)	2020		2019			2020			2019
Net proceeds from sale of real estate investments	$	12,092		927		$	115,614	(1)		83,460
Gain on sale of real estate, net of tax		7,448		442			45,453			16,932
Provision for impairment of real estate sold		230		(6	)		571			1,666
Number of operating properties sold		1		—			3			4
Number of land parcels sold		3		1			4			3
Percent interest sold	50% - 100%			100	%	50% - 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 March 31, 2020.  

At June 30, 2020, the Company also had one property classified within Properties held for sale on the Consolidated Balance Sheets.