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Sale of Properties (Tables) | 9 Months Ended
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Sep. 30, 2017
Sale of Properties |
Schedule of sale of real estate property | The following chart details the Company’s sales of real estate during the nine months ended September 30, 2017 and 2016 (amounts in thousands):
Description of Property |  | Date Sold |  | Gross Sales Price |  | Gain on Sale of Real Estate, Net |
Retail property, |  |  |  |  |  |  |
Greenwood Village, Colorado |  | May 8, 2017 |  | $ | 9,500 |  | $ | 6,568 |
Retail property, |  |  |  |  |  |  |
Kansas City, Missouri (a) |  | July 14, 2017 |  | 10,250 |  | 2,180 |
Retail property, |  |  |  |  |  |  |
Niles, Illinois |  | August 31, 2017 |  | 5,000 |  | 1,089 |
Totals — nine months ended September 30, 2017 |  |  |  | $ | 24,750 |  | $ | 9,837 |
Portfolio of eight retail properties, |  |  |  |  |  |  |
Louisiana and Mississippi |  | February 1, 2016 |  | $ | 13,750 |  | $ | 787 |
Retail property, |  |  |  |  |  |  |
Killeen, Texas |  | May 19, 2016 |  | 3,100 |  | 980 |
Land, |  |  |  |  |  |  |
Sandy Springs, Georgia |  | June 15, 2016 |  | 8,808 |  | 2,281 |
Industrial property, |  |  |  |  |  |  |
Tomlinson, Pennsylvania |  | June 30, 2016 |  | 14,800 |  | 5,660 |
Partial condemnation of land, |  |  |  |  |  |  |
Greenwood Village, Colorado |  | July 5, 2016 |  | 153 |  | 116 |
Totals — nine months ended September 30, 2016 |  |  |  | $ | 40,611 |  | $ | 9,824 |
| (a) |  | See Note 14 for information on the payoff of the mortgage on this property and the early termination of the interest rate swap derivative.

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