v3.19.3.a.u2

Sale of Real Estate

12 Months Ended

Dec. 31, 2019

Real Estate [Abstract]

Sale of Real Estate

5. Sale of Real Estate

The Company closed on the following sales of real estate, none of which qualified as discontinued operations:

		For the years ended December 31,
(in thousands, except number of properties)		2019				2018				2017
Number of properties disposed			49				20				13
Aggregate sale price		$	176,486			$	57,402			$	66,532
Aggregate carrying value			(138,845	)			(43,492	)			(50,339	)
Additional sales expenses			(7,727	)			(3,414	)			(3,201	)
Gain on sale of real estate		$	29,914			$	10,496			$	12,992

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- Definition

The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures.

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