v3.22.2.2
Sale of Real Estate
9 Months Ended
Sep. 30, 2022
Real Estate [Abstract]  
Sale of Real Estate

6. Sale of Real Estate

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

 

 

 

For the Three Months Ended
September 30,

 

 

For the Nine Months Ended
September 30,

 

(in thousands, except number of properties)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Number of properties disposed

 

 

1

 

 

 

6

 

 

 

5

 

 

 

25

 

Aggregate sale price

 

$

1,727

 

 

$

26,567

 

 

$

18,828

 

 

$

71,905

 

Aggregate carrying value

 

 

(1,557

)

 

 

(24,244

)

 

 

(12,692

)

 

 

(58,817

)

Additional sales expenses

 

 

(109

)

 

 

(1,103

)

 

 

(808

)

 

 

(3,297

)

Gain on sale of real estate

 

$

61

 

 

$

1,220

 

 

$

5,328

 

 

$

9,791