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REAL ESTATE SOLD AND HELD FOR SALE DISCONTINUED OPERATIONS (Tables) | 3 Months Ended
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Mar. 31, 2022
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract] |
Real estate properties sold [Table] | A summary of Gain on sales of real estate investments for the three months ended March 31, 2022 and the year ended December 31, 2021 follows:
REAL ESTATE PROPERTIES SOLD |  | Location |  | Size |  | Date Sold |  | Net Sales Price |  | Basis |  | Recognized Gain
|  |  |  | (In square feet) |  |  |  | (In thousands)
2022 |  |  |  |  |  |  |  |  |  |  |  |
Metro Business Park |  | Phoenix, AZ |  | 189,000 |  | 01/06/2022 |  | $ | 32,851 |  |  | 5,880 |  |  | 26,971 |
Cypress Creek Business Park (1) |  | Fort Lauderdale, FL |  | 56,000 |  | 03/31/2022 |  | 5,282 |  |  | 1,901 |  |  | 3,381 |
Total for 2022 |  |  |  | 245,000 |  |  |  | $ | 38,133 |  |  | 7,781 |  |  | 30,352 |
2021 |  |  |  |  |  |  |  |  |  |  |  |
Jetport Commerce Park |  | Tampa, FL |  | 284,000 |  | 11/09/2021 |  | $ | 44,260 |  |  | 5,401 |  |  | 38,859 |
(1) Cypress Creek Business Park is located on a ground lease. In conjunction with the sale of the property, the Company fully amortized the associated right-of-use asset and liability of $1,745,000.

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