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Sales of Properties (Tables) | 9 Months Ended
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Sep. 30, 2018
Sales 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, 2018 and 2017 (amounts in thousands):
|  |  |  | Gross |  | Gain on Sale of Real |
Description of Property |  | Date Sold |  | Sales Price |  | Estate, Net |
Retail property, |  |  |  |  |  |  |  |  |
Fort Bend, Texas (a) |  | January 30, 2018 |  | $ | 9,200 |  | $ | 2,408 |
Land, |  |  |  |  |  |  |  |  |
Lakemoor, Illinois |  | September 14, 2018 |  |  | 8,459 |  |  | 4,585 | (b)
Totals – nine months ended September 30, 2018 |  |  |  | $ | 17,659 |  | $ | 6,993 |
Retail property, |  |  |  |  |  |  |  |  |
Greenwood Village, Colorado |  | May 8, 2017 |  | $ | 9,500 |  | $ | 6,568 |
Retail property, |  |  |  |  |  |  |  |  |
Kansas City, Missouri (c) |  | 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 |
| (a) |  | This property was owned by a consolidated joint venture in which the Company held an 85% interest. The non-controlling interest’s share of the gain was $776.
| (b) |  | Includes $5,717, representing the unamortized balance of a $5,906 fixed rent payment which was received and recorded as deferred income in November 2017 and was to be included in rental income over the term of the lease.
| (c) |  | See Note 15 for information on the early termination of the interest rate swap derivative associated with the mortgage that was paid off on this property.

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