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Dispositions and Impairment | 6 Months Ended
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Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Dispositions and Impairment | Dispositions and Impairment During the six months ended June 30, 2019 and 2018, the Company disposed of its interests in various properties for an aggregate gross disposition price of $120,328 and $128,324, respectively, and recognized aggregate gains on sales of properties of $36,201 and $37,206, respectively. As of June 30, 2019, the Company had seven properties classified as held for sale. As of December 31, 2018, the Company had two properties classified as held for sale. The properties were classified as held for sale because the properties were either under contract for sale and/or a sale of the property to a third party within the next 12 months was deemed probable. Assets and liabilities of held for sale properties as of June 30, 2019 and December 31, 2018 consisted of the following:
| June 30, 2019 |  | December 31, 2018
Assets: |  |  |
Real estate, at cost | $ | 204,289 |  |  | $ | 63,639 |
Real estate, intangible assets | 34,545 |  |  | 14,498 |
Accumulated depreciation and amortization | (61,977 | ) |  | (16,873 | )
Rent receivable - deferred | 2,788 |  |  | 2,439 |
Other | 1,507 |  |  | 165 |
| $ | 181,152 |  |  | $ | 63,868 |
Liabilities: |  |  |
Mortgage notes payable, net | $ | 109,527 |  |  | $ | — |
Accounts payable and other liabilities | 1,205 |  |  | 42 |
Prepaid rent | 1,023 |  |  | 344 |
| $ | 111,755 |  |  | $ | 386 |
The Company assesses on a regular basis whether there are any indicators that the carrying value of its real estate assets may be impaired. Potential indicators may include an increase in vacancy at a property, tenant financial instability, change in the estimated holding period of the asset and the potential sale or transfer of the property in the near future. An asset is determined to be impaired if the asset's carrying value is in excess of its estimated fair value and the Company estimates that its cost will not be recovered. During the six months ended June 30, 2019 and 2018, the Company recognized aggregate impairment charges on real estate properties of $1,682 and $88,318, respectively. Included in the impairment charges recognized during the six months ended June 30, 2019 are impairment charges of $1,433 and $249 recognized on unencumbered and vacant retail properties in Watertown, New York and Albany, Georgia, respectively, which were held for sale at June 30, 2019. Included in the impairment charges recognized during the six months ended June 30, 2018, are impairment charges of $17,906 recognized on a vacant encumbered office property in Overland Park, Kansas, whose mortgage is currently in default, $5,591 recognized on an office property in Kansas City, Missouri, and $25,585 recognized on an unencumbered office property in Memphis, Tennessee, which was sold in December 2018.

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- References No definition available. + Details
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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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