Winthrop Realty Trust is a real estate investment trust (REIT). The Company conducts its business through its wholly owned operating partnership, WRT Realty L.P. The Company has adopted a plan of liquidation, which was approved at a special meeting of shareholders. Prior to the plan of liquidation, the Company was engaged in the business of owning real property and real estate related assets, which it categorized into three segments: ownership of investment properties including wholly owned properties and investments in joint ventures, which own investment properties; origination and acquisition of loans collateralized directly or indirectly by commercial and multi-family real property, and equity and debt interests in other real estate investment trusts. Subsequent to the adoption of the plan of liquidation, the Company no longer makes operating decisions or assesses performance in separate segments as all assets are considered as held for sale.