Washington Real Estate Investment Trust Annual report pursuant to Section 13 and 15(d)

Nature of Business (Tables)

12 Months Ended

Dec. 31, 2019

During the three years ended December 31, 2019, we sold our interests in the following properties (in thousands):



Disposition Date	Property	Type	(Loss) Gain on Sale
June 26, 2019	Quantico Corporate Center ⁽¹⁾	Office	$	(1,046	)
July 23, 2019	Shopping Center Portfolio ⁽²⁾	Retail	333,023
August 21, 2019	Frederick Crossing and Frederick County Square	Retail	9,507
August 27, 2019	Centre at Hagerstown	Retail	(3,506		)
December 19, 2019	1776 G Street	Office	61,007
		Total 2019	$	398,985

January 19, 2018	Braddock Metro Center	Office	$	—
June 28, 2018	2445 M Street	Office	2,495
		Total 2018	$	2,495

October 23, 2017	Walker House Apartments	Multifamily	$	23,838
		Total 2017	$	23,838

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⁽¹⁾	Consists of 925 and 1000 Corporate Drive.


⁽²⁾	Consists of five retail properties: Gateway Overlook, Wheaton Park, Olney Village Center, Bradlee Shopping Center and Shoppes of Foxchase.

The following is a breakdown of the taxable percentage of our dividends for the years ended December 31, 2019, 2018 and 2017 (unaudited):



	2019		2018		2017
Ordinary income/Section 199A dividends	80	%	29	%	76	%
Return of capital	20	%	71	%	—	%
Qualified dividends	—	%	—	%	2	%
Unrecaptured Section 1250 gain	—	%	—	%	8	%
Capital gain	—	%	—	%	14	%