ASSETS HELD FOR SALE (Tables)

12 Months Ended

Dec. 31, 2013

Results of Operations and Assets and Liabilities of Disposal Groups

The Company's real estate operations for the years ending December 31, 2013, 2012 and 2011 have been classified as discontinued operations in the current financial statements. Results of discontinued operations for the years ended December 31, 2013, 2012, and 2011 were as follows:

	(In thousands)
	For the years ending December 31,
	2013		2012			2011
Revenues	$	1,271	$	2,037		$	2,147
Operating expenses		844		1,885			1,468
Impairment		--		2,955			3,063
		844		4,840			4,531

Income (loss) before income taxes		427		(2,803	)		(2,384	)

Income tax benefit from (provision for)		--		1,009			(245	)
Net income (loss) from discontinued operations	$	427	$	(1,794	)	$	(2,629	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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