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Real Estate (Tables) | 12 Months Ended
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Dec. 31, 2016
Real Estate [Abstract] |
Real Estate And Accumulated Depreciation | Real estate activity for 2016 and 2015 is composed of the following:
|  | Years ended December 31, |
|  | 2016 |  |  | 2015 |
Cost |  |  |  |  |  |  |  |
Balance, beginning of year |  | $ | 1,550,027,000 |  |  | $ | 1,476,173,000 |
Properties transferred to held for sale |  |  | (96,596,000 | ) |  |  | (4,599,000 | )
Properties acquired |  |  | 39,456,000 |  |  |  | 65,313,000 |
Write-off fully-depreciated assets |  |  | (12,130,000 | ) |  |  | — |
Improvements and betterments |  |  | 15,672,000 |  |  |  | 13,140,000 |
Balance, end of the year |  | $ | 1,496,429,000 |  |  | $ | 1,550,027,000 |
Accumulated depreciation |  |  |  |  |  |  |  |
Balance, beginning of the year |  | $ | 300,832,000 |  |  | $ | 267,211,000 |
Properties transferred held for sale |  |  | (11,280,000 | ) |  |  | (1,380,000 | )
Write-off fully-depreciated assets |  |  | (12,130,000 | ) |  |  | — |
Depreciation expense |  |  | 35,648,000 |  |  |  | 35,001,000 |
Balance, end of the year |  | $ | 313,070,000 |  |  | $ | 300,832,000 |
Net book value |  | $ | 1,183,359,000 |  |  | $ | 1,249,195,000 |
Schedule Of Transactions Related To Properties Held For Sale/Conveyance | During 2016, 2015 and 2014, the Company sold the properties listed below which did not meet the criteria set forth in the guidance for reporting discontinued operations that was adopted in 2014:
|  |  |  | Date |  | Sales |  |  | Gain on |
Property |  | Location |  | Sold |  | Price |  |  | Sale |
2016 |  |  |  |  |  |  |  |  |  |  |  |
Liberty Marketplace |  | Dubois, PA |  | 2/11/2016 |  | $ | 15,000,000 |  |  | $ | - |
Upland Square |  | Pottstown, PA |  | 11/2/2016 |  |  | 83,250,000 |  | (a) |  | — |
|  |  |  |  |  | $ | 98,250,000 |  |  | $ | - |
2015 |  |  |  |  |  |  |  |  |  |  |  |
Kenley Village |  | Hagerstown, MD |  | 5/28/2015 |  | $ | 2,275,000 |  |  | $ | - |
Circle Plaza |  | Shamokin Dam, PA |  | 7/22/2015 |  |  | 1,800,000 |  |  |  | — |
|  |  |  |  |  | $ | 4,075,000 |  |  | $ | - |
2014 |  |  |  |  |  |  |  |  |  |  |  |
Fairview Plaza |  | New Cumberland, PA |  | 5/27/2014 |  | $ | 12,450,000 |  |  | $ | 3,810,000 |
Carbondale Plaza |  | Carbondale, PA |  | 7/18/2014 |  |  | 10,700,000 |  |  |  | 123,000 |
Virginia Little Creek |  | Norfolk, VA |  | 8/22/2014 |  |  | 9,850,000 |  |  |  | 2,209,000 |
Annie Land Plaza |  | Lovingston, VA |  | 9/26/2014 |  |  | 3,500,000 |  |  |  | — |
Smithfield Plaza |  | Smithfield, VA |  | 10/21/2014 |  |  | 12,350,000 |  |  |  | — |
Blue Mountain Commons land parcel |  | Harrisburg, PA |  | 10/22/2014 |  |  | 350,000 |  |  |  | — |
St. James Square |  | Hagerstown, MA |  | 11/5/2014 |  |  | 4,125,000 |  |  |  | 271,000 |
|  |  |  |  |  | $ | 53,325,000 |  |  | $ | 6,413,000 |
| (a) | The company recorded a $6.3 million impairment charge in connection with the sale of this property.

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- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230 + Details
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