call like I'd progress you. provide the key updates July. morning. our last Thank on since our some to at of end Good
Our under early these X charge impairment XX a held are sales and on properties are Austin recognized November, and our begin buyers have of the noncash September contract. for deposits. in expected property to DC posted this our balance now we million nonrefundable are sheet, quarter's and These financials. in assets $XX closing sale The
last the of to commenced consistent Pricing so early estimate provide we sales, total for the it's process. on in X an on remains call. our expectation in in that $XXX too Denver million Seventeenth Denver, Street quarter's for The with September, plus update discussed XXXX marketing
on will they We the dispositions information of progress. as provide all more
vote requires to affirmative related the shares the the the Pay. X/X outstanding upcoming of to as of of of special Sale we've advisory vote on Plan respect meeting October Sale meeting, well X approved. date on business our With as as of of Say of of a approve to be November Plan set shareholders for common close XX of shareholder record the to vote our
per of $XX.XX Sale distributions total the the from share will $XX range. in be estimate Plan the to to continue We resulting
and to XXXX method, the changes we December the for be as plan estimates statement The collected liquidation estimated Under our expected at quarters' of assets future this Assuming in XX-K. net will outline wind-down will any full adopt expenses, costs, in the accounting changes accrued to XX, will amount assets. recognized shareholders financials including and approve of Sale, XXXX. basis be are the and year-end of our
of approval $XX the The and payments Series dispositions subject Sale time. share common and distribution $XX early made distribution the to Board with depend the will on shareholder preferred Following of in the declare the exact that amount approval, the a pay of we per Plan status of common off D at to of will December.
the remaining a After Then remaining quarter all are will end the the reserve estimate of sold, the quarter XXXX, we distribute second first cash, any by net to for remaining which our of assets all currently of in we liabilities. be of substantially sometime trust, liquidating we transfer with and goal commence of year, and and processes, the delisting deregistration assets the down quarter. winding end of substantially of the by administrative liabilities next the second remaining the complete SEC NYSE to other to expect tasks a
to as qualify continue a XXXX REIT to in XXXX. expect We and
the the or to reasonably time overall has our office dispositions for wind-down. the affect more far, challenging but a will inability of remains it So The buildings. process sell smoothly, close disposition timing to one gone
and and continue want and We our on acknowledge are the our We'll process continued to to EQC wind-down focused the to from shareholders we've support EQC prudently the hard executing received communicate of We appreciate progress. work the team. efficiently. dedication
are and to questions. that, happy take With and your I Bill David
