Annual report pursuant to Section 13 and 15(d)

Disposition of Properties

v3.10.0.1
Disposition of Properties
12 Months Ended
Dec. 31, 2018
Disposition of Properties [Abstract]  
Disposition of Properties
Disposition of Properties

The following table sets forth the properties sold for the years ended 2017 and 2016 (in thousands):
Properties
 
Locations
 
Date Sold
 
Square Feet
 
Net Sales Proceeds
 
Gain on Sale
 
 
 
 
 
 
 
 
 
 
 
2017 Dispositions:(1)
 
 
 
 
 
 
 
 
 
 
Westbrook
 
Westbrook, CT
 
May 2017
 
290

 
$
39,213

 
$
6,943

 
 
 
 
 
 
 
 
 
 
 
2016 Dispositions:(1)
 
 
 
 
 
 
 
 
 
 
Fort Myers
 
Fort Myers, FL
 
January 2016
 
199

 
$
25,785

 
$
4,887

Land outparcel
 
Myrtle Beach, SC
 
September 2016
 

 
2,921

 
1,418

 
 
 
 
 
 
 
 
 
 
$
6,305


(1)
The rental properties did not meet the criteria to be reported as discontinued operations (See Note 2), thus their results of operations were not reclassified to discontinued operations.