Quarterly report pursuant to Section 13 or 15(d)

Disposition of Properties and Properties Held for Sale (Tables)

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Disposition of Properties and Properties Held for Sale (Tables)
9 Months Ended
Sep. 30, 2015
Disposition of Properties and Properties Held for Sale [Abstract]  
Disposition of Properties and Properties Held for Sale
The carrying values of the assets held for sale at September 30, 2015 and December 31, 2014 were comprised of the following (in thousands):
 
 
September 30, 2015
 
December 31, 2014
Rental property, net
 
$
17,980

 
$
43,532

Deferred lease costs and other intangibles, net
 
181

 
757

Prepaids and other assets
 
1,125

 
1,716

Rental property held for sale
 
$
19,286

 
$
46,005

The following table sets forth certain summarized information regarding the properties sold during the quarter and the property held for sale as of September 30, 2015:
Properties
 
Locations
 
Date Sold
 
Square Feet
(in 000's)
 
Net Sales Price
(in 000's)
 
Gain on Sale(in 000's)
Sold:
 
 
 
 
 
 
 
 
 
 
Kittery I and II, Tuscola, and West Branch
 
Kittery, ME, Tuscola, IL, and West Branch, MI
 
September 2015
 
439

 
$
43,304

 
$
20,215

 
 
 
 
 
 
 
 
 
 
 
Held For Sale:
 
 
 
 
 
 
 
 
 
 
Barstow
 
Barstow, CA
 
October 2015
 
171

 
$
105,705

 
$
86,419