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, 2023
Real Estate [Abstract]  
Schedule of Sold Properties During the nine months ended September 30, 2023, we sold five non-core properties, located in Baytown, Texas; Birmingham, Alabama; Pittsburgh, Pennsylvania; Eatontown, New Jersey; and Taylorsville, Utah, which are summarized in the table below (dollars in thousands):
Aggregate Square Footage Sold Aggregate Sales Price Aggregate Sales Costs Aggregate Impairment Charge for the Nine Months Ended September 30, 2023 Aggregate Gain on Sale of Real Estate, net
206,278  $ 23,650  $ 1,476  $ 3,591  $ 4,245 
Schedule of Operating Income from the Real Estate and Related Assets Disposed The table below summarizes the components of operating income from real estate and related assets disposed of during the three and nine months ended September 30, 2023 and 2022 (dollars in thousands):
For the three months ended September 30, For the nine months ended September 30,
2023 2022 2023 2022
Operating revenue $ 184  $ 565  $ 1,209  $ 2,501 
Operating expense 60  510  4,427  (2) 2,251 
Other income (expense), net 4,443  (1) (189) 3,790  (3) (502)
Income (expense) from real estate and related assets sold $ 4,567  $ (134) $ 572  $ (252)
(1)Includes a $4.7 million gain on sale of real estate, net, on three property sales.
(2)Includes a $3.6 million impairment charge on one property.
(3)Includes a $4.2 million gain on sale of real estate, net, on five property sales.
Schedule of Real Estate Owned Held for Sale
The table below summarizes the components of the assets and liabilities held for sale at September 30, 2023 and December 31, 2022 reflected on the accompanying condensed consolidated balance sheets (dollars in thousands):

September 30, 2023 December 31, 2022
Assets Held for Sale
Total real estate held for sale $ 28,972  $ 3,293 
Lease intangibles, net 369  — 
Deferred rent receivable, net 9  — 
Total Assets Held for Sale $ 29,350  $ 3,293 
Liabilities Held for Sale
Deferred rent liability, net $ 631  $ — 
Total Liabilities Held for Sale $ 631  $ —