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SALES OF PROPERTIES AND IMPAIRMENT LOSS (Tables) | 12 Months Ended
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Dec. 31, 2017
SALES OF PROPERTIES AND IMPAIRMENT LOSS |
Schedule of sale of real estate property | The following chart details the Company's sales of real estate during 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 |
Restaurant property, |  |  |  |  |  |  |  |  |
Ann Arbor, Michigan(a)(b) |  | November 14, 2017 |  |  | 2,300 |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Totals for 2017 |  |  |  | $ | 27,050 |  | $ | 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 |  |  | 8,858 |  |  | 2,331 |
Industrial property, |  |  |  |  |  |  |  |  |
Tomlinson, Pennsylvania |  | June 30, 2016 |  |  | 14,800 |  |  | 5,660 |
Retail property, |  |  |  |  |  |  |  |  |
Island Park, NY |  | December 22, 2016 |  |  | 2,702 |  |  | 213 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  |  |  | 43,210 |  |  | 9,971 |
Partial condemnation of land, |  |  |  |  |  |  |  |  |
Greenwood Village, Colorado(c) |  | July 5, 2016 |  |  | 153 |  |  | 116 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Totals for 2016 |  |  |  | $ | 43,363 |  | $ | 10,087 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(a) | See Note 11 for information on the payoff of the mortgage on this property and the early termination of the interest rate swap derivative.
(b) | See "—Impairment Loss" for additional information.
(c) | Represents amount received from the Colorado Department of Transportation ("CDOT"), as a result of a partial condemnation of land and easements obtained by CDOT.

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