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v3.23.2

REAL ESTATE SOLD AND HELD FOR SALE DISCONTINUED OPERATIONS (Details) $ in Thousands | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2023 USD ($) a ft² | Dec. 31, 2022 USD ($) ft²
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Right of use liability, ground lease |  | $ 19,329 | $ 19,906
2022 dispositions |  |  |
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Size (square feet) | ft² |  |  | 287,000
Net sales price |  |  | $ 51,006
Basis |  |  | 10,007
Recognized gain |  |  | $ 40,999
Metro Business Park | 2022 dispositions |  |  |
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Size (square feet) | ft² |  |  | 189,000
Date sold |  |  | Jan. 06, 2022
Net sales price |  |  | $ 32,851
Basis |  |  | 5,880
Recognized gain |  |  | $ 26,971
Cypress Creek Business Park | 2022 dispositions |  |  |
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Size (square feet) | ft² | [1] |  | 56,000
Date sold | [1] |  | Mar. 31, 2022
Net sales price | [1] |  | $ 5,282
Basis | [1] |  | 1,901
Recognized gain | [1] |  | 3,381
Right of use asset, ground lease |  |  | 1,745
Right of use liability, ground lease |  |  | $ 1,745
World Houston 15 East | 2022 dispositions |  |  |
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Size (square feet) | ft² |  |  | 42,000
Date sold |  |  | May 11, 2022
Net sales price |  |  | $ 12,873
Basis |  |  | 2,226
Recognized gain |  |  | $ 10,647
World Houston 23 | 2023 dispositions |  |  |
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Size (square feet) | ft² |  | 125,000 |
Date sold |  | Mar. 31, 2023 |
Net sales price |  | $ 9,327 |
Basis |  | 4,518 |
Recognized gain |  | 4,809 |
2023 development land dispositions | 2023 dispositions |  |  |
Real Estate Properties Sold and Held for Sale [Line Items] |  |  |
Recognized gain |  | 446 |
Gross sale price |  | $ 4,750 |
Acres of real estate investment property | a |  | 11.9 |
[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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