Properties Held for Sale and Dispositions (Tables)

9 Months Ended

Sep. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Summary of income from discontinued operations

The following table summarizes net income from discontinued operations for the three and nine months ended September 30, 2014 and 2013 (in thousands):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2014			2013		2014		2013
Revenues
Rental revenue, net	$	9,504		$	23,606	$	44,676	$	73,738
Escalation and reimbursement revenues	(194		)	3,748		4,413		11,459
Other income	—			9		21		523
Total revenues	9,310			27,363		49,110		85,720
Operating expenses	773			5,149		7,101		16,624
Real estate taxes	787			4,170		6,618		12,533
Ground rent	—			2,196		3,001		5,778
Interest expense, net of interest income	2,874			4,877		10,983		15,019
Amortization of deferred financing costs	48			210		369		630
Depreciable real estate reserves	—			—		—		2,150
Depreciation and amortization	678			3,311		5,434		13,133
Transaction related costs, net of recoveries	115			15		155		2
Total expenses	5,275			19,928		33,661		65,869
Net income from discontinued operations	$	4,035		$	7,435	$	15,449	$	19,851

- 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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