Annual report pursuant to Section 13 and 15(d)

Disposition of Properties

v3.19.3.a.u2
Disposition of Properties
12 Months Ended
Dec. 31, 2019
Disposition of Properties [Abstract]  
Disposition of Properties Disposition of Properties

The following table sets forth the properties sold for the years ended 2019 and 2017 (in thousands). No properties were sold during 2018.
Properties
 
Locations
 
Date Sold
 
Square Feet
 
Net Sales Proceeds
 
Gain on Sale
2019 Dispositions:(1)
 
 
 
 
 
 
 
 
 
 
Nags Head, Ocean City, Park City, and Williamsburg
 
Nags Head, NC, Ocean City, MD, Park City, UT, and Williamsburg, IA
 
March 2019
 
878

 
$
128,248

 
$
43,422

Land outparcels
 
Savannah, GA and Seymour, IN
 
July 2019
 

 
$
257

 
$

 
 
 
 
 
 
878

 
$
128,505

 
$
43,422

 
 
 
 
 
 
 
 
 
 
 
2017 Dispositions:(1)
 
 
 
 
 
 
 
 
 
 
Westbrook
 
Westbrook, CT
 
May 2017
 
290

 
$
39,213

 
$
6,943


(1)
The rental properties sold did not meet the criteria to be reported as discontinued operations.