Dispositions (Tables)

9 Months Ended

Sep. 30, 2012

Dispositions [Abstract]

Summary of Disposition Activity

The following table provides a summary of disposition activity during the nine months ended September 30, 2012:

Date Sold	Property Name	City	State	Square Feet/Acres		Gross Sales Price
						(in thousands)
Income producing property sold
March 30, 2012	Laurel Walk Apartments	Charlotte	NC	106,480		$	6,000
March 30, 2012	Commerce Crossing	Commerce	GA	100,668		600
March 15, 2012	222 Sutter Street	San Francisco	CA	128,595		53,829		(1)
						60,429
Outparcels sold
February 27, 2012	Market Place - IHOP outparcel	Norcross	GA	0.35	(2)	885
January 20, 2012	Grand Marche - ground lease	Lafayette Parish	LA	200,585		775
						1,660
Total						$	62,089

^{______________________________________________} 

⁽¹⁾ Includes $27.2 million of mortgage debt repaid by the buyer at closing.

⁽²⁾ In acres.

Components of Income and Expense Relating to Discontinued Operations

The components of income and expense relating to discontinued operations for the three and nine months ended September 30, 2012 and 2011 are shown below. These include the results of operations through the date of each respective sale for properties sold during 2011 and 2012 and the operations for the applicable period for those assets classified as held for sale as of September 30, 2012:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(In thousands)
Rental revenue	$	115		$	16,239		$	1,980		$	48,649
Expenses:
Property operating expenses	134			4,458			854			13,419
Rental property depreciation and amortization	2			3,838			160			12,332
General and administrative expenses	—			9			13			40
Operations of income producing property	(21		)	7,934			953			22,858
Interest expense	—			(4,033		)	(327		)	(12,184		)
Equity in income of unconsolidated joint ventures	—			161			—			704
Gain on disposal of income producing properties	—			4,025			14,269			4,012
Impairment loss on income producing properties sold or held for sale	—			(36,714		)	(3,425		)	(37,991		)
Loss on extinguishment of debt	—			—			(716		)	—
Income tax benefit	—			33,642			—			34,453
Other income (loss)	316			(4		)	369			6
Income from discontinued operations	295			5,011			11,123			11,858
Net loss attributable to noncontrolling interests - discontinued operations	—			11			—			41
Income from discontinued operations attributable to Equity One, Inc.	$	295		$	5,022		$	11,123		$	11,899