v3.24.3
Sale of Real Estate
9 Months Ended
Sep. 30, 2024
Real Estate [Abstract]  
Sale of Real Estate

4. 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)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

Number of properties disposed

 

 

6

 

 

 

2

 

 

 

46

 

 

 

9

 

 

Aggregate sale price

 

$

31,812

 

 

$

62,300

 

 

$

307,914

 

 

$

183,564

 

 

Aggregate carrying value

 

 

(28,927

)

 

 

(45,770

)

 

 

(238,773

)

 

 

(131,146

)

 

Additional sales expenses

 

 

(444

)

 

 

(1,367

)

 

 

(4,185

)

 

 

(4,378

)

 

Gain on sale of real estate

 

$

2,441

 

 

$

15,163

 

 

$

64,956

 

 

$

48,040