Property Dispositions and Assets Held for Sale (Tables)

6 Months Ended

Jun. 30, 2013

Property Dispositions and Assets Held for Sale

Summary of income from discontinued operations

The following table summarizes income from discontinued operations for the three and six months ended June 30, 2013 and 2012, respectively (in thousands).

	Three Months Ended June 30,					Six Months Ended June 30,
	2013			2012		2013		2012

Revenues
Rental revenue	$	4,930		$	3,853	$	8,960	$	8,425
Escalation and reimbursement revenues	155			618		609		1,167
Other income	—			—		7		—
Total revenues	5,085			4,471		9,576		9,592
Operating expenses	1,542			1,488		2,983		2,866
Real estate taxes	284			313		578		614
Interest expense, net of interest income	167			166		331		930
Depreciable real estate reserves	2,150			—		2,150		—
Transaction related costs	3			—		3		95
Depreciation and amortization	1,617			1,605		3,211		3,156
Total expenses	5,763			3,572		9,256		7,661
Net (loss) income from discontinued operations	$	(678	)	$	899	$	320	$	1,931

- 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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