Quarterly report pursuant to Section 13 or 15(d)

Properties, Net (Tables)

v3.19.2
Properties, Net (Tables)
6 Months Ended
Jun. 30, 2019
Real Estate [Abstract]  
Schedule of operating properties, net
Operating properties, net consisted of the following (in thousands): 
 
June 30,
2019
 
December 31,
2018
Land
$
460,138

 
$
503,274

Buildings and improvements
3,208,558

 
3,241,894

Less: Accumulated depreciation
(949,111
)
 
(897,903
)
Operating properties, net
$
2,719,585

 
$
2,847,265


Schedule of projects in development or held for future development
Properties we had in development or held for future development consisted of the following (in thousands):
 
June 30,
2019
 
December 31,
2018
Land
$
296,809

 
$
207,760

Development in progress, excluding land
177,978

 
195,601

Projects in development or held for future development
$
474,787

 
$
403,361


Components of assets held for sale (in thousands):
 
Properties, net
$
53,386

Deferred rent receivable
1,028

Deferred leasing costs, net
34

Assets held for sale, net
$
54,448