Quarterly report pursuant to Section 13 or 15(d)

Properties, Net (Tables)

v3.22.2
Properties, Net (Tables)
 6 Months Ended
Jun. 30, 2022
Real Estate [Abstract]  
Schedule of operating properties, net
Operating properties, net consisted of the following (in thousands): 
June 30,
2022		 December 31, 2021
Land $ 584,878  $ 572,900 
Buildings and improvements 3,809,623  3,670,133 
Less: Accumulated depreciation (1,213,711) (1,152,523)
Operating properties, net $ 3,180,790  $ 3,090,510 
Disposal Groups, Including Discontinued Operations The table below sets forth the components of the property’s assets classified as held for sale on our consolidated balance sheet as of December 31, 2021 (in thousands):
Properties, net $ 191,857 
Deferred rent receivable 462 
Intangible assets on property acquisitions, net 73 
Deferred leasing costs, net 307 
Assets held for sale, net $ 192,699 
The table below sets forth the property’s results of operations included in discontinued operations on our consolidated statements of operations and its operating and investing cash flows included on our consolidated statements of cash flows (in thousands):
  For the Three Months Ended June 30, For the Six Months Ended June 30,
  2022 2021 2022 2021
  (in thousands)
Revenues from real estate operations $ —  $ 7,204  $ 1,980  $ 14,538 
Property operating expenses —  (3,702) (971) (7,400)
Depreciation and amortization associated with real estate operations —  (2,823) —  (5,644)
Gain on sale of real estate —  —  28,564  — 
Discontinued operations $ —  $ 679  $ 29,573  $ 1,494 
Cash flows from operating activities $ 5,497  $ 8,938 
Cash flows from investing activities $ 220,549  $ (577)