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Impairments
 9 Months Ended
Sep. 30, 2020
Impairment of Real Estate [Abstract]  
Impairments Impairments
On a periodic basis, management assesses whether there are any indicators, including property operating performance, changes in anticipated hold period and general market conditions, including the impact of COVID-19, that the carrying value of the Company’s real estate assets (including any related intangible assets or liabilities) may be impaired. If management determines that the carrying value of a real estate asset is impaired, a loss is recognized to reflect the estimated fair value.

The Company recognized the following impairments during the three months ended September 30, 2020:
Three Months Ended September 30, 2020
Property Name(1)
LocationGLAImpairment Charge
Northmall CentreTucson, AZ165,350 $5,721 
Chamberlain Plaza(2)
Meriden, CT54,302 25 
219,652 $5,746 
(1)The Company recognized impairment charges based upon a change in the anticipated hold period of these properties and/or offers from third-party buyers in connection with the Company’s capital recycling program.
(2)The Company disposed of this property during the three months ended September 30, 2020.

The Company recognized the following impairments during the nine months ended September 30, 2020:
Nine Months Ended September 30, 2020
Property Name(1)
LocationGLAImpairment Charge
Northmall CentreTucson, AZ165,350 $5,721 
Spring MallGreenfield, WI45,920 4,584 
30th Street Plaza(2)
Canton, OH145,935 4,449 
Chamberlain Plaza(2)
Meriden, CT54,302 1,538 
Parcel at Lakes Crossing(2)(3)
Muskegon, MI4,990 14 
416,497 $16,306 
(1)The Company recognized impairment charges based upon a change in the anticipated hold period of these properties and/or offers from third-party buyers primarily in connection with the Company’s capital recycling program.
(2)The Company disposed of this property during the nine months ended September 30, 2020.
(3)This property was classified as held for sale as of December 31, 2019.
The Company recognized the following impairment during the three months ended September 30, 2019:
Three Months Ended September 30, 2019
Property Name(1)
LocationGLAImpairment Charge
Parcel at Mansell Crossing(2)
Alpharetta, GA51,615 $5,777 
Glendale Galleria(2)
Glendale, AZ119,525 2,197 
Westview Center(2)
Hanover Park, IL321,382 170 
North Hills Village(2)
Haltom City, TX43,299 26 
535,821 $8,170 
(1)The Company recognized impairment charges based upon a change in the anticipated hold period of these properties and/or offers from third-party buyers in connection with the Company’s capital recycling program.
(2)The Company disposed of this property during the year ended December 31, 2019.

The Company recognized the following impairments during the nine months ended September 30, 2019:
Nine Months Ended September 30, 2019
Property Name(1)
LocationGLAImpairment Charge
Westview Center(2)
Hanover Park, IL321,382 $6,356 
Parcel at Mansell Crossing(2)
Alpharetta, GA51,615 5,777 
Brice ParkReynoldsburg, OH158,565 3,112 
Glendale Galleria(2)
Glendale, AZ119,525 2,197 
North Hills Village(2)
Haltom City, TX43,299 26 
694,386 $17,468 
(1)The Company recognized impairment charges based upon a change in the anticipated hold period of these properties and/or offers from third-party buyers in connection with the Company’s capital recycling program.
(2)The Company disposed of this property during the year ended December 31, 2019.

The Company can provide no assurance that material impairment charges with respect to its Portfolio will not occur in future periods. See Note 3 for additional information regarding impairment charges taken in connection with the Company’s dispositions. See Note 8 for additional information regarding the fair value of operating properties that have been impaired.