Real Estate Dispositions, Held for Sale and Impairment Charges |
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| Real Estate Dispositions, Held for Sale and Impairment Charges | Real Estate Dispositions, Held for Sale, and Impairment Charges Real Estate Dispositions
We did not sell any properties during the three months ended March 31, 2026, although we sold a portion of a land parcel during the three months ended March 31, 2026, which is summarized in the table below (dollars in thousands):
We did not sell any properties during the three months ended March 31, 2025.
Real Estate Held for Sale
At March 31, 2026, we had one property classified as held for sale, located in Charlotte, North Carolina. At December 31, 2025, we had that same one property classified as held for sale, and a portion of a land parcel held for sale, located in Ocala, Florida, which has been sold as described above.
The table below summarizes the components of the assets and liabilities held for sale at March 31, 2026 and December 31, 2025, reflected on the accompanying condensed consolidated balance sheets (dollars in thousands):
Impairment Charges
We evaluated our portfolio for triggering events to determine if any of our held and used assets were impaired during the three months ended March 31, 2026 and did not recognize an impairment charge. We did not recognize an impairment charge on our one held for sale asset, located in Charlotte, North Carolina, during the three months ended March 31, 2026. We did not recognize any impairment charges on our held and used assets or our two held for sale assets during the three months ended March 31, 2025.
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