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Real Estate (Tables)
 3 Months Ended
Mar. 31, 2019
Real Estate [Abstract]  
Schedule of real estate assets
The Company's real estate assets were comprised of the following ($ in thousands):
 
Net Lease
 
Operating
Properties
 
Total
As of March 31, 2019
 
 
 
 
 
Land, at cost
$
302,199

 
$
105,771

 
$
407,970

Buildings and improvements, at cost
1,389,332

 
76,340

 
1,465,672

Less: accumulated depreciation
(241,686
)
 
(10,952
)
 
(252,638
)
Real estate, net
1,449,845

 
171,159

 
1,621,004

Real estate available and held for sale (1)
219,184

 
34,152

 
253,336

Total real estate
$
1,669,029

 
$
205,311

 
$
1,874,340

As of December 31, 2018
 
 
 
 
 
Land, at cost
$
336,740

 
$
133,599

 
$
470,339

Buildings and improvements, at cost
1,487,270

 
118,724

 
1,605,994

Less: accumulated depreciation
(287,516
)
 
(17,798
)
 
(305,314
)
Real estate, net
1,536,494

 
234,525

 
1,771,019

Real estate available and held for sale (1)
1,055

 
21,496

 
22,551

Total real estate
$
1,537,549

 
$
256,021

 
$
1,793,570


_______________________________________________________________________________
(1)
As of March 31, 2019 and December 31, 2018, the Company had $16.1 million and $20.6 million, respectively, of residential condominiums available for sale in its operating properties portfolio.
Schedule of net proceeds and income recognized for properties sold
The following table presents the net proceeds and income recognized for properties sold, by property type ($ in millions):
 
 
Three Months Ended March 31,
 
 
2019
 
2018
Operating Properties
 
 
 
 
       Proceeds
 
$
58.5

 
$
41.9

       Income from sales of real estate
 
9.4

 
16.6

 
 
 
 
 
Net Lease
 
 
 
 
       Proceeds
 
$
—

 
$
2.3

       Income from sales of real estate
 
—

 
0.4

 
 
 
 
 
Total
 
 
 
 
       Proceeds
 
$
58.5

 
$
44.2

       Income from sales of real estate
 
9.4

 
17.0