Assets Held for Sale and Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Income Attributable to Discontinued Operations

Discontinued operations are summarized as follows (in thousands):


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Rental income and recoveries	$	11,267		$	36,671		$	50,830		$	86,479
Rental expenses		(2,975	)		(9,187	)		(13,445	)		(22,873	)
Depreciation and amortization expense		(3,674	)		(15,256	)		(17,335	)		(28,387	)
Other expenses		—			(325	)		(161	)		(503	)

Income attributable to disposed properties and assets held for sale		4,618			11,903			19,889			34,716
Net gain (loss) on dispositions, net of taxes		(4,049	)		11,410			17,074			24,204
Impairment charges		(27,409	)		—			(27,409	)		(2,659	)

Total discontinued operations	$	(26,840	)	$	23,313		$	9,554		$	56,261

- 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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