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Property Dispositions (Tables)
 9 Months Ended
Sep. 30, 2020
Discontinued Operations And Disposal Groups [Abstract]  
Schedule of Properties Disposed of

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)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Net proceeds from sale of real estate investments

 

$

9,925

 

 

 

14,546

 

 

$

125,539

 

(1)

 

98,006

 

Gain on sale of real estate, net of tax

 

 

3,237

 

 

 

887

 

 

 

48,690

 

 

 

17,819

 

Provision for impairment of real estate sold

 

 

—

 

 

 

194

 

 

 

571

 

 

 

1,860

 

Number of operating properties sold

 

 

—

 

 

 

1

 

 

 

3

 

 

 

5

 

Number of land parcels sold

 

 

4

 

 

 

2

 

 

 

8

 

 

 

5

 

Percent interest sold

 

70% - 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.