Discontinued Operations

6 Months Ended

Jun. 30, 2011

Discontinued Operations.

Discontinued Operations

11.  Discontinued Operations

The Company reached agreements to sell an office property located in Falls Church, Virginia, which was sold on January 21, 2011, and was classified as held for sale at December 31, 2010 and an industrial property located in Savage, Maryland, which was sold on June 24, 2011.  Both properties were sold at a gain.  Accordingly, the operating results for these properties have been reflected as discontinued operations for all periods presented, and are summarized below:

	For the Three Months Ended						For the Six Months Ended
(in thousands)	June 30,						June 30,
	2011			2010			2011			2010
Rental revenue	$	159		$	2,214		$	689		$	4,426
Rental operating expenses	(3		)	(23		)	(5		)	(47		)
Real estate taxes and insurance	(23		)	(280		)	(56		)	(553		)
Depreciation and amortization	(36		)	(758		)	(72		)	(1,517		)
Net income from discontinued operations	$	97		$	1,153		$	556		$	2,309