XML 52 R34.htm IDEA: XBRL DOCUMENT v3.24.0.1
DISPOSITIONS AND IMPAIRMENT CHARGES (Tables)
12 Months Ended
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Property Dispositions
The Company closed on the following dispositions during the years ended December 31, 2023, 2022 and 2021 (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 23,638 
September 11, 2023Reisterstown Road PlazaDallas/Ft. WorthMulti-tenant retail & office376,683 48,250 (5,773)
October 24, 2023EastsideDallas/Ft. WorthMulti-tenant retail & office43,640 14,425 — 
578,495 $142,050 $22,601 
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 
October 27, 2022Lincoln Plaza – Lowe’sWorcester, MA
Ground lease interest(3)
— 10,000 (57)
100,016 $75,550 $27,069 
October 26, 2021Westside MarketDallas/Ft. WorthMulti-tenant retail93,377 $24,775 $4,323 
(1)The Company sold a portion of the redevelopment at Hamilton Crossing Centre. The total number of properties in our portfolio was not affected by this transaction.
(2)Plaza Del Lago also contains 8,800 square feet of residential space comprised of 18 multifamily rental units.
(3)The Company sold the ground lease interest in one tenant at Lincoln Plaza, an existing multi-tenant operating retail property. The total number of properties in our portfolio was not affected by this transaction.