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DISPOSITIONS AND IMPAIRMENT CHARGES (Tables)
9 Months Ended
Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Property Dispositions and Assets and Liabilities of Property Held for Sale
The Company closed on the following dispositions during the nine months ended September 30, 2023 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage
Sales PriceGain (Loss)
May 8, 2023Kingwood CommonsHoustonMulti-tenant retail158,172 $27,350 $4,736 
June 8, 2023Pan Am Plaza & GarageIndianapolisLand & garage— 52,025 23,635 
September 11, 2023Reisterstown Road PlazaDallasMulti-tenant retail376,683 48,250 (5,903)
534,855 $127,625 $22,468 
The Company closed on the following dispositions during the nine months ended September 30, 2022 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage
Sales PriceGain
January 26, 2022Hamilton Crossing CentreIndianapolis
Redevelopment(1)
— $6,900 $3,168 
June 16, 2022Plaza Del LagoChicago
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.
The following table presents the assets and liabilities associated with the investment property, Eastside, classified as held for sale as of September 30, 2023 (in thousands):
September 30, 2023
Assets
Investment properties, at cost$15,016 
Less: accumulated depreciation(1,218)
Net investment properties13,798 
Tenant and other receivables100 
Deferred costs, net411 
Assets associated with investment property held for sale$14,309 
Liabilities
Accounts payable and accrued expenses$398 
Deferred revenue and other liabilities188 
Liabilities associated with investment property held for sale$586