ACQUISITIONS, DEVELOPMENT PROJECTS PLACED IN SERVICE AND DISPOSITIONS ACQUISITIONS We added no new apartment communities to our portfolio through acquisitions during the transition period ended December 31, 2018 compared to $373.1 million during the fiscal year ended April 30, 2018 and $0 in the fiscal year ended April 30, 2017 . Our acquisitions during fiscal year ended April 30, 2018 qualified as asset acquisitions under ASU 2017-01, Clarifying the Definition of a Business , and are detailed below. Fiscal 2018 ( May 1, 2017 to April 30, 2018 ) (in thousands) Total Form of Consideration Investment Allocation Date Acquisition Intangible Acquisitions Acquired Cost Cash Land Building Assets Multifamily 191 homes - Oxbo - St. Paul, MN (1) May 26, 2017 $ 61,500 $ 61,500 $ 5,809 $ 54,910 $ 781 500 homes - Park Place - Plymouth, MN September 13, 2017 92,250 92,250 10,609 80,711 930 274 homes - Dylan - Denver, CO November 28, 2017 90,600 90,600 12,155 77,249 1,196 390 homes - Westend - Denver, CO March 28, 2018 128,700 128,700 25,525 102,101 1,074 Total Acquisitions $ 373,050 $ 373,050 $ 54,098 $ 314,971 $ 3,981 (1) Property includes 11,477 square feet of retail space. DEVELOPMENT PROJECTS PLACED IN SERVICE We placed no development projects in service during the transition period ended December 31, 2018 and the fiscal year ended April 30, 2018 , compared to $102.9 million in fiscal year ended April 30, 2017 . The fiscal year 2017 development projects placed in service are detailed below. Fiscal 2017 ( May 1, 2016 to April 30, 2017 ) (in thousands) Date Placed Development Development Projects Placed in Service in Service Land Building Cost Multifamily 241 homes - 71 France - Edina, MN (1) May 1, 2016 $ 4,721 $ 67,641 $ 72,362 202 homes - Monticello Crossings - Monticello, MN (2) March 1, 2017 1,734 28,782 30,516 Total Development Projects Placed in Service $ 6,455 $ 96,423 $ 102,878 (1) Costs paid in prior fiscal years totaled $70.9 million . Additional costs incurred in fiscal year 2017 totaled $1.5 million , for a total project cost at April 30, 2017 of $72.4 million . The project is owned by a joint venture entity in which we currently have an approximately 52.6% interest. The joint venture is consolidated in our financial statements. (2) Costs paid in prior fiscal years totaled $15.5 million . Additional costs incurred in fiscal year 2017 totaled $15.0 million , for a total project cost at April 30, 2017 of $30.5 million . DISPOSITIONS During the transition period ended December 31, 2018, we sold three apartment communities, five commercial properties and three parcels of unimproved land for a total sales price of $63.4 million . Dispositions totaled $515.1 million and $286.9 million in the fiscal years ended April 30, 2018 and 2017 , respectively. The dispositions for the transition period ended December 31, 2018 and fiscal years ended April 30, 2018 and 2017 are detailed below. Transition Period Ended December 31, 2018 ( May 1, 2018 to December 31, 2018 ) (in thousands) Date Book Value Dispositions Disposed Sales Price and Sale Cost Gain/(Loss) Multifamily 44 unit - Dakota Commons - Williston, ND July 26, 2018 $ 4,420 $ 3,878 $ 542 145 unit - Williston Garden - Williston, ND (1) July 26, 2018 12,310 11,313 997 288 unit - Renaissance Heights - Williston, ND (2) July 26, 2018 24,770 17,856 6,914 41,500 33,047 8,453 Other 7,849 sq ft Minot Southgate Retail - Minot, ND July 12, 2018 1,925 2,056 (131 ) 9,052 sq ft Fresenius - Duluth, MN July 27, 2018 1,900 1,078 822 15,000 sq ft Minot 2505 16th St SW - Minot, ND October 12, 2018 1,710 1,814 (104 ) 81,594 sq ft Minot Arrowhead - Minot, ND November 30, 2018 6,622 5,907 715 100,850 sq ft Bloomington 2000 W 94th Street - Bloomington, MN December 19, 2018 4,550 4,550  16,707 15,405 1,302 Unimproved Land Grand Forks - Grand Forks, ND July 16, 2018 3,000 2,986 14 Renaissance Heights - Williston, ND (3) July 26, 2018 750 684 66 Badger Hills Unimproved - Rochester, MN August 29, 2018 1,400 1,528 (128 ) 5,150 5,198 (48 ) Total Property Dispositions $ 63,357 $ 53,650 $ 9,707 (1) This apartment community was owned by a joint venture entity in which we had an interest of approximately 74.11% . (2) This apartment community was owned by a joint venture entity in which we had an interest of approximately 87.14% . (3) This parcel of land was owned by a joint venture entity in which we had an interest of approximately 70.00% Fiscal 2018 ( May 1, 2017 to April 30, 2018 ) (in thousands) Date Book Value Dispositions Disposed Sales Price and Sales Cost Gain/(Loss) Multifamily 327 homes - 13 apartment communities - Minot, ND (1)(2) August 22, 2017 $ 12,263 $ 11,562 $ 701 48 homes - Crown - Rochester, MN December 1, 2017 5,700 3,318 2,382 16 homes - Northern Valley - Rochester, MN December 1, 2017 950 690 260 18,913 15,570 3,343 Other 4,998 sq ft Minot Southgate Wells Fargo Bank - Minot, ND May 15, 2017 3,440 3,332 108 90,260 sq ft Lexington Commerce Center - Eagan, MN August 22, 2017 9,000 3,963 5,037 17,640 sq ft Duckwood Medical - Eagan, MN August 24, 2017 2,100 1,886 214 279,834 sq ft Edgewood Vista Hermantown I &amp; II - Hermantown, MN October 19, 2017 36,884 24,697 12,187 518,161 sq ft Urbandale - Urbandale, IA November 22, 2017 16,700 12,857 3,843 36,053 sq ft 3075 Long Lake Road - Roseville, MN November 28, 2017 18,650 12,766 5,884 1,205,432 sq ft 25 Healthcare properties December 29, 2017 370,268 232,778 137,490 43,404 sq ft Garden View - St. Paul, MN January 19, 2018 14,000 6,191 7,809 52,116 sq ft Ritchie Medical - St. Paul, MN January 19, 2018 16,500 10,419 6,081 22,187 sq ft Bismarck 715 East Broadway and Unimproved Land - Bismarck, ND March 7, 2018 5,500 3,215 2,285 493,042 312,104 180,938 Unimproved Land Bismarck 4916 Unimproved Land - Bismarck, ND August 8, 2017 3,175 3,188 (13 ) Total Dispositions $ 515,130 $ 330,862 $ 184,268 (1) These communities include: 4th Street 4 Plex, 11th Street 3 Plex, Apartments on Main, Brooklyn Heights, Colton Heights, Fairmont, First Avenue (Apartments and Office), Pines, Southview, Summit Park, Temple (includes 17 South Main Retail), Terrace Heights, and Westridge. (2) The properties included: 2800 Medical, 2828 Chicago Avenue, Airport Medical, Billings 2300 Grand Road, Burnsville 303 Nicollet Medical, Burnsville 305 Nicollet Medical, Duluth Denfeld Clinic, Edina 6363 France Medical, Edina 6405 France Medical, Edina 6517 Drew Avenue, Edina 6225 France SMC II, Edina 6545 France SMC I, Gateway Clinic, High Pointe Health Campus, Lakeside Medical Plaza, Mariner Clinic, Minneapolis 701 25th Avenue Medical, Missoula 3050 Great Northern, Park Dental, Pavilion I, Pavilion II, PrairieCare Medical, St. Michael Clinic, Trinity at Plaza 16 and Wells Clinic. Fiscal 2017 ( May 1, 2016 to April 30, 2017 ) (in thousands) Date Book Value Dispositions Disposed Sales Price and Sales Cost Gain/(Loss) Multifamily 24 homes Pinecone Villas - Sartell, MN April 20, 2017 $ 3,540 $ 2,732 $ 808 Healthcare 189,244 sq ft 9 Idaho Spring Creek Senior Housing Properties (1) October 31, 2016 43,900 37,397 6,503 426,652 sq ft 5 Edgewood Vista Senior Housing Properties (2) January 18, 2017 69,928 50,393 19,535 286,854 sq ft 5 Wyoming Senior Housing Properties (3) February 1, 2017 49,600 45,469 4,131 169,001 sq ft 9 Edgewood Vista Senior Housing Properties (4) February 15, 2017 30,700 24,081 6,619 169,562 sq ft 4 Edgewood Vista Senior Housing Properties (5) March 1, 2017 35,348 14,511 20,837 114,316 sq ft Healtheast St. John &amp; Woodwinds - Maplewood &amp; Woodbury MN March 6, 2017 20,700 13,777 6,923 59,760 sq ft Sartell 2000 23rd Street South - Sartell, MN March 31, 2017 5,600 5,923 (323 ) 98,174 sq ft Legends at Heritage Place - Sartell, MN April 20, 2017 9,960 11,439 (1,479 ) 265,736 202,990 62,746 Other 195,075 sq ft Stone Container - Fargo, ND July 25, 2016 13,400 4,418 8,982 28,528 sq ft Grand Forks Carmike - Grand Forks, ND December 29, 2016 4,000 1,563 2,437 17,400 5,981 11,419 Unimproved Land Georgetown Square Unimproved Land - Grand Chute, WI May 6, 2016 250 274 (24 ) Total Property Dispositions $ 286,926 $ 211,977 $ 74,949 (1) The properties included in this portfolio disposition are: Spring Creek American Falls, Spring Creek Boise, Spring Creek Eagle, Spring Creek Fruitland, Spring Creek Fruitland Unimproved, Spring Creek Meridian, Spring Creek Overland, Spring Creek Soda Springs and Spring Creek Ustick. (2) The properties included in this portfolio disposition are: Edgewood Vista Bismarck, Edgewood Vista Brainerd, Edgewood Vista East Grand Forks, Edgewood Vista Fargo, and Edgewood Vista Spearfish. (3) The properties included in this portfolio disposition are: Casper 1930 E 12th Street (Park Place), Casper 3955 E 12th Street (Meadow Wind), Cheyenne 4010 N College Drive (Aspen Wind), Cheyenne 4606 N College Drive (Sierra Hills) and Laramie 1072 N 22nd Street (Spring Wind). (4) The properties included in this portfolio disposition are: Edgewood Vista Belgrade, Edgewood Vista Billings, Edgewood Vista Columbus, Edgewood Vista Fremont, Edgewood Vista Grand Island, Edgewood Vista Minot, Edgewood Vista Missoula, Edgewood Vista Norfolk and Edgewood Vista Sioux Falls. (5) The properties included in this portfolio are: Edgewood Vista Hastings, Edgewood Vista Kalispell, Edgewood Vista Omaha and Edgewood Vista Virginia.