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Disposed Properties
 3 Months Ended
Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Disposed Properties Disposed Properties
There were no retail properties disposed of during the three months ended March 31, 2019.
The following table reflects the retail properties disposed of during the three months ended March 31, 2018:
Date
 
Property
 
Square
Feet
 
Gross
Disposition
Price
 
Gain (Loss) on Sale and Transfer of Investment Properties, net
 
Gain on Extinguishment
of Debt
January 9, 2018
 
Sherman Town Center I & II
 
485,000

 
$
63,000

 
$
12,382

 
$
—

January 25, 2018
 
Grafton Commons
 
239,000

 
33,500

 
6,564

 
—

March 8, 2018
 
Lakeport Commons
 
283,000

 
31,000

 
(666
)
 
—

March 21, 2018
 
Stonecrest Marketplace (a)
 
265,000

 
—

 
1,777

 
10,751

March 31, 2018
 
Northwest Marketplace (b)
 
—

 
—

 
248

 
—

 
 
 
 
1,272,000

 
$
127,500

 
$
20,305

 
$
10,751

(a)
On March 21, 2018, the Company surrendered Stonecrest Marketplace, with a carrying value of $23,932, to the lender in satisfaction of nonrecourse debt with an initial maturity date of March 1, 2017 and recognized a gain on transfer of assets, net, of $1,777. The Company is not aware of any material outstanding commitments and contingencies related to Stonecrest Marketplace.
(b)
The Company recognized a gain on sale of $248 related to the completion of a partial condemnation at this retail property.
In aggregate, the Company recognized net proceeds of $119,825 from the sales, surrender, and condemnation of these properties on the condensed consolidated statement of cash flows during the three months ended March 31, 2018.