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Properties, Net (Tables)
12 Months Ended
Dec. 31, 2021
Real Estate [Abstract]  
Schedule of operating properties, net
Operating properties, net consisted of the following (in thousands): 
December 31,
20212020
Land$572,900 $522,219 
Buildings and improvements3,670,133 3,444,804 
Less: Accumulated depreciation(1,152,523)(1,052,007)
Operating properties, net$3,090,510 $2,915,016 
Disposal Groups, Including Discontinued Operations The table below sets forth the components of our wholesale data center’s assets classified as held for sale on our consolidated balance sheets (in thousands):
December 31,
20212020
Properties, net$191,857 $200,264 
Deferred rent receivable462 1,025 
Intangible assets on property acquisitions, net73 95 
Deferred leasing costs, net307 436 
Assets held for sale, net$192,699 $201,820 

The table below sets forth our wholesale data center’s results of operations included in discontinued operations on our consolidated statements of operations and its operating and investing cash flows included on our consolidated statements of cash flows (in thousands):
 For the Years Ended December 31,
 202120202019
 (in thousands)
Revenues from real estate operations$30,490 $27,011 $29,405 
Property operating expenses(16,842)(13,044)(12,694)
Depreciation and amortization associated with real estate operations(10,290)(11,690)(12,061)
Discontinued operations3,358 2,277 4,650 
Cash flows from operating activities$10,930 $16,051 $18,626 
Cash flows from investing activities$(1,912)$(11,485)$(805)