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Discontinued Operations
3 Months Ended
Mar. 31, 2012
Discontinued Operations [Abstract]  
Discontinued Operations

8. Discontinued Operations

On December 30, 2011, we sold MountainView Regional Rehabilitation Hospital in Morgantown, West Virginia to HealthSouth Corporation for $21.1 million, resulting in a gain of $2.3 million. On December 30, 2011, we also sold Sherman Oaks Hospital in Sherman Oaks, California to Prime for $20.0 million, resulting in a gain of $3.1 million. Due to this sale, we wrote-off $1.2 million in straight-line rent receivables.

The following table presents the results of discontinued operations, which include the revenue and expenses of the two previously-owned facilities noted above, for the three months ended March 31, 2012 and 2011 (dollar amounts in thousands except per share/unit amounts):

 

     For the Three Months
Ended March 31,
 
     2012      2011  

Revenues

   $ 121      $ 1,351   

Gain on sale

     —           5  

Income (loss)

     121         1,172   

Earnings per share/unit — diluted

   $ —         $ 0.01