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Assets classified as held for sale
6 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Assets classified as held for sale As of June 30, 2024, we had five properties aggregating 808,692 RSF that were classified as held for sale in our consolidated
financial statements.
The disposal of properties classified as held for sale does not represent a strategic shift that has (or will have) a major effect
on our operations or financial results and therefore does not meet the criteria for classification as a discontinued operation. We cease
depreciation of our properties upon their classification as held for sale.
The following is a summary of net assets as of June 30, 2024 and December 31, 2023 for our real estate investments that
were classified as held for sale as of each respective date (in thousands):
June 30, 2024
December 31, 2023
Total assets
$137,370
$194,223
Total liabilities
(3,386)
(4,750)
Total accumulated other comprehensive income
2,306
1,960
Net assets classified as held for sale
$136,290
$191,433