Quarterly report pursuant to Section 13 or 15(d)

Real Estate Dispositions, Held for Sale and Impairment Charges (Tables)

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Real Estate Dispositions, Held for Sale and Impairment Charges (Tables)
 9 Months Ended
Sep. 30, 2020
Real Estate [Abstract]  
Summary of Sold Properties During the nine months ended September 30, 2020, we sold two non-core properties, located in Charlotte, North Carolina and Maple Heights, Ohio, which are detailed in the table below (dollars in thousands):
Aggregate Square Footage Sold Sales Price Sales Costs Gain on Sale of Real Estate, net
411,948  $ 15,501  $ 1,138  $ 1,184 
Components of Operating Income from Real Estate and Related Assets Disposed
The table below summarizes the components of operating income from the real estate and related assets disposed of during the three and nine months ended September 30, 2020, and 2019 (dollars in thousands):
For the three months ended September 30, For the nine months ended September 30,
2020 2019 2020 2019
Operating revenue $ —  $ 167  $ 400  $ 1,136 
Operating expense 83  296  438  838 
Other income (expense), net 1,368  (1) (50) 1,272  (2) (191)
Income (expense) from real estate and related assets sold $ 1,285  $ (179) $ 1,234  $ 107 

(1)Includes $1.2 million gain on sale of real estate, net on one property sale.
(2)Includes $1.2 million gain on sale of real estate, net on two property sales.
Components of Assets and Liabilities Held for Sale
The table below summarizes the components of the assets and liabilities held for sale reflected on the accompanying condensed consolidated balance sheets (dollars in thousands):
 
September 30, 2020 December 31, 2019
Assets Held for Sale
Real estate, at cost $ 24,688  $ 7,411 
Less: accumulated depreciation 7,433  3,421 
Total real estate held for sale, net 17,255  3,990 
Lease intangibles, net 462  — 
Deferred rent receivable, net 456  — 
Total Assets Held for Sale $ 18,173  $ 3,990 
Liabilities Held for Sale
Deferred rent liability, net $ 1,108  $ — 
Asset retirement obligation —  21 
Total Liabilities Held for Sale $ 1,108  $ 21