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Disposed Properties | 12 Months Ended
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Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Disposed Properties | Disposed Properties Continuing operations The following table reflects the retail properties disposed of during the year ended December 31, 2019:
Date |  | Property |  | Metropolitan Area |  | Square Feet |  | Gross Disposition Price |  | Gain (Loss) on Sale of Investment Properties, net |  | Loss on Extinguishment of Debt
April 3, 2019 |  | Brooks Corner |  | San Antonio |  | 173,000 |  |  | $ | 26,300 |  |  | $ | 5,531 |  |  | $ | (809 | )
May 31, 2019 |  | Silverlake |  | Cincinnati |  | 101,000 |  |  | 6,650 |  |  | 131 |  |  | — |
August 15, 2019 |  | Promenade Fultondale |  | Birmingham, AL |  | 207,600 |  |  | 23,200 |  |  | 1,861 |  |  | — |
August 21, 2019 |  | Crossroads at Chesapeake Square and Chesapeake Commons |  | Virginia Beach |  | 198,700 |  |  | 23,100 |  |  | 1,353 |  |  | — |
September 10, 2019 |  | West Creek |  | Austin |  | 53,300 |  |  | 18,700 |  |  | 5,962 |  |  | — |
September 13, 2019 |  | Boynton Commons |  | Miami |  | 210,300 |  |  | 50,000 |  |  | 18,405 |  |  | — |
September 25, 2019 |  | Quebec Square |  | Denver |  | 207,600 |  |  | 42,250 |  |  | (800 | ) |  | (2,092 | )
October 11, 2019 |  | Northwest Marketplace |  | Houston |  | 185,200 |  |  | 29,500 |  |  | 7,037 |  |  | — |
November 14, 2019 |  | White Oak Crossing |  | Raleigh |  | 564,700 |  |  | 92,500 |  |  | 21,737 |  |  | — |
November 20, 2019 |  | Woodbridge Crossing |  | Dallas |  | 197,000 |  |  | 45,600 |  |  | 794 |  |  | — |
|  |  |  |  |  | 2,098,400 |  |  | $ | 357,800 |  |  | $ | 62,011 |  |  | $ | (2,901 | )
In aggregate, the Company recognized net proceeds of $346,707 from the sales of these retail properties on the consolidated statement of cash flows during the year ended December 31, 2019. The following table reflects the retail properties disposed of during the year ended December 31, 2018:
Date |  | Property |  | Metropolitan Area |  | Square Feet |  | Gross Disposition Price |  | Gain (Loss) on Sale and Transfer of Investment Properties, net |  | Gain (Loss) on Extinguishment of Debt
January 9, 2018 |  | Sherman Town Center I & II |  | Dallas |  | 485,000 |  |  | $ | 63,000 |  |  | $ | 12,382 |  |  | $ | — |
January 25, 2018 |  | Grafton Commons |  | Milwaukee |  | 239,000 |  |  | 33,500 |  |  | 6,564 |  |  | — |
March 8, 2018 |  | Lakeport Commons |  | Sioux City, IA |  | 283,000 |  |  | 31,000 |  |  | (666 | ) |  | — |
March 21, 2018 |  | Stonecrest Marketplace (a) |  | Atlanta |  | 265,000 |  |  | — |  |  | 1,777 |  |  | 10,752 |
March 31, 2018 |  | Northwest Marketplace (b) |  | Houston |  | — |  |  | — |  |  | 248 |  |  | — |
April 17, 2018 |  | Market at Morse/Hamilton |  | Columbus |  | 45,000 |  |  | 10,000 |  |  | 1,592 |  |  | — |
May 24, 2018 |  | Siegen Plaza |  | Baton Rouge |  | 156,000 |  |  | 29,000 |  |  | 3,849 |  |  | (54 | )
June 20, 2018 |  | Tomball Town Center |  | Houston |  | 67,000 |  |  | 22,750 |  |  | 7,184 |  |  | — |
June 26, 2018 |  | Bellerive Plaza (c) |  | Lexington, KY |  | 76,000 |  |  | — |  |  | (22 | ) |  | 1,694 |
June 28, 2018 |  | Parkway Centre North |  | Columbus |  | 143,000 |  |  | 23,700 |  |  | 5,357 |  |  | (1,695 | )
September 14, 2018 |  | Tulsa Hills |  | Tulsa |  | 473,000 |  |  | 70,000 |  |  | 13,476 |  |  | — |
October 5, 2018 |  | McKinney Town Center |  | Dallas |  | 243,000 |  |  | 51,000 |  |  | 15,430 |  |  | — |
October 5, 2018 |  | Riverstone Shopping Center |  | Houston |  | 273,000 |  |  | 27,750 |  |  | (320 | ) |  | (1,540 | )
October 23, 2018 |  | Hiram Pavilion |  | Atlanta |  | 363,000 |  |  | 44,350 |  |  | 22,124 |  |  | — |
November 19, 2018 |  | Poplin Place |  | Charlotte, NC |  | 228,000 |  |  | 28,300 |  |  | 2,841 |  |  | — |
November 20, 2018 |  | Walden Park |  | Austin |  | 34,000 |  |  | 5,325 |  |  | 5 |  |  | — |
December 20, 2018 |  | Streets of Cranberry |  | Pittsburgh |  | 108,000 |  |  | 26,500 |  |  | 3,276 |  |  | — |
|  |  |  |  |  | 3,481,000 |  |  | $ | 466,175 |  |  | $ | 95,097 |  |  | $ | 9,157 |
(a) | On March 21, 2018, the Company surrendered Stonecrest Marketplace, with a carrying value of $23,932, to the lender in satisfaction of non-recourse 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.
(c) | On June 26, 2018, the Company surrendered Bellerive Plaza, with a carrying value of $4,771, to the lender in satisfaction of non-recourse debt with an initial maturity date of June 1, 2017. The Company recognized a loss on transfer of assets, net, of $22. The Company is not aware of any material outstanding commitments and contingencies related to Bellerive Plaza.
In aggregate, the Company recognized net proceeds of $430,514 from the sales, surrender, and condemnation of these retail properties on the consolidated statement of cash flows during the year ended December 31, 2018. Discontinued operations The item reflected as discontinued operations on the consolidated statement of operations and comprehensive income for the year ended December 31, 2019 is the settlement of indemnity claims arising from the sale of University House Communities Group, Inc. ("University House"), the Company's former student housing platform, as disclosed in "Note 12. Commitments and Contingencies." The item reflected as discontinued operations on the consolidated statement of operations and comprehensive income for the year ended December 31, 2017, is the disposition of Worldgate Plaza, a non-core office property. On August 30, 2017, the Company sold Worldgate Plaza for a gross disposition price of $53,500, and recognized a gain on the sale of this property of $10,115 as part of income from discontinued operations. The following table summarizes the Company's discontinued operations during the year ended December 31, 2017:
| Year ended December 31, 2017
Total income | $ | 3,935 |
Depreciation and amortization | (1,205 | )
Other operating expenses | (2,308 | )
Interest expense, income taxes, and other miscellaneous income | (6,696 | )
Gain on sale of investment property | 10,115 |
Loss on extinguishment of debt | (2 | )
Net income from discontinued operations | $ | 3,839 |

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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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