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Gain on Sales of Real Estate | 12 Months Ended
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Dec. 31, 2017
Gain on Sales of Real Estate |
Gain on Sales of Real Estate | 13. Gain on Sales of Real Estate During 2017, we sold 59 properties for $167.0 million, which resulted in a gain of $40.9 million. During 2016, we sold 77 properties for $90.5 million, which resulted in a gain of $22.0 million. Additionally, during 2016 we sold our former corporate headquarters building for $8.6 million. During 2015, we sold 38 properties for $65.8 million, which resulted in a gain of $22.2 million. These property sales do not represent a strategic shift that will have a major effect on our operations and financial results, and therefore do not require presentation as discontinued operations.

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- Definition Element represents certain disclosures of real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures, including gains on sales of investment properties. This element may be used as a single block of text to encapsulate the entire real estate disclosure including data and tables. + References No definition available. + Details
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- References No definition available. + Details
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