XML 41 R28.htm IDEA: XBRL DOCUMENT v3.24.2
DISPOSITIONS AND IMPAIRMENT CHARGES (Tables)
6 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Property Dispositions
The Company closed on the following disposition during the six months ended June 30, 2024 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage
Sales PriceGain (Loss)
May 31, 2024Ashland & RooseveltChicagoMulti-tenant retail104,176 $30,600 $(1,230)
The Company closed on the following dispositions during the six months ended June 30, 2023 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage
Sales PriceGain (Loss)
May 8, 2023Kingwood CommonsHoustonMulti-tenant retail158,172 $27,350 $4,740 
June 8, 2023Pan Am Plaza & GarageIndianapolisLand & garage— 52,025 23,700 
158,172 $79,375 $28,440 
The following table presents the assets and liabilities associated with City Center, the investment property classified as held for sale as of June 30, 2024 (in thousands):
June 30, 2024
Assets
Net investment properties$67,984 
Tenant and other receivables2,522 
Restricted cash and escrow deposits225 
Deferred costs, net2,577 
Prepaid and other assets250 
Assets associated with investment property held for sale$73,558 
Liabilities
Accounts payable and accrued expenses$637 
Deferred revenue and other liabilities3,293 
Liabilities associated with investment property held for sale$3,930