At September 30, 2025, the Company had an operating property classified as held-for-sale at a net carrying amount of $1.0 million (including accumulated depreciation and amortization of $1.5 million).

During the nine months ended September 30, 2024, the Company sold its remaining 14.2 million shares of common stock of Albertsons Companies Inc. (“ACI”), generating net proceeds of $299.1 million. For tax purposes, the Company recognized a long-term capital gain of $288.7 million and elected to retain the proceeds from the sale of ACI common stock, resulting in estimated federal and state income tax expense of $72.9 million during the nine months ended September 30, 2024.

The portion of unrealized gains/(losses) on marketable securities for the three and nine months ended September 30, 2025 and 2024 that related to marketable securities still held at the reporting date (in thousands):


	Three Months Ended September 30,					Nine Months Ended September 30,
	2025		2024			2025			2024
Gain/(loss) on marketable securities, net	$	43	$	79		$	32		$	(27,613	)
Less: Net (gain)/loss recognized related to marketable securities sold		-		(19	)		(2	)		27,652
Unrealized gain related to marketable securities still held	$	43	$	60		$	30		$	39