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Gain on Sales of Real Estate
3 Months Ended
Mar. 31, 2016
Gain on Sales of Real Estate  
Gain on Sales of Real Estate

 

11.Gain on Sales of Real Estate

 

During the first three months of 2016, we sold 11 investment properties for $11.0 million, which resulted in a gain of $2.3 million.  During the first three months of 2015, we sold nine investment properties for $22.3 million, which resulted in a gain of $7.2 million.