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DISPOSITIONS

6 Months Ended

Jun. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

DISPOSITIONS

DISPOSITIONS

The Company closed on the following dispositions during the six months ended June 30, 2023 (dollars in thousands):

Date						Property Name						MSA						Property Type						Square Footage						Sales Price						Gain
May 8, 2023						Kingwood Commons						Houston						Multi-tenant retail						158,172						$	27,350					$	4,740
June 8, 2023						Pan Am Plaza & Garage						Indianapolis						Land & garage						—						52,025						23,700
																								158,172						$	79,375					$	28,440

The Company closed on the following dispositions during the six months ended June 30, 2022 (dollars in thousands):

Date						Property Name						MSA						Property Type						Square Footage						Sales Price						Gain
January 26, 2022						Hamilton Crossing Centre						Indianapolis						Redevelopment(1)						—						$	6,900					$	3,168
June 16, 2022						Plaza Del Lago						Chicago						Multi-tenant retail(2)						100,016						58,650						23,958
																								100,016						$	65,550					$	27,126

(1)We sold a portion of the redevelopment at Hamilton Crossing Centre.

(2)Plaza Del Lago also contains 8,800 square feet of residential space comprised of 18 multifamily rental units.

There were no discontinued operations for the six months ended June 30, 2023 and 2022 as none of the dispositions represented a strategic shift that has had, or will have, a material effect on our operations or financial results.

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- References

No definition available.

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- Definition

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//205-20/tableOfContent

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 360
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//360/tableOfContent

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