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Dispositions and Discontinued Operations
12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Dispositions and Discontinued Operations
Dispositions and Discontinued Operations
Dispositions
The table below summarizes the properties we sold during the years ended December 31, 2016 and December 31, 2014 (dollars in thousands).  We did not complete any dispositions during the year ended December 31, 2015.
Address
 
Submarket
 
Date of
Disposition
 
Rentable
Square Feet
 
Contractual Sales Price
 
Gain (Loss)
Recorded
2016 Dispositions:
 
 
 
 
 
 
 
 
 
 
6010 N. Paramount Boulevard(1)
 
Los Angeles - South Bay
 
5/2/2016
 
16,534

 
$
2,480

 
$
944

1840 Dana Street(1)
 
Los Angeles - San Fernando Valley
 
5/25/2016
 
13,497

 
$
4,250

 
$
1,445

12910 East Mulberry Drive(1)
 
Los Angeles - Mid-Counties
 
6/7/2016
 
153,080

 
$
15,000

 
$
9,174

22343-22349 La Palma Avenue(1)
 
Orange County - North
 
11/22/2016
 
115,760

 
$
17,000

 
$
4,752

331 East 157th Street(1)
 
Los Angeles - South Bay
 
11/28/2016
 
12,000

 
$
1,975

 
$
1,062

 
 
 
 
 
 
 
 
 
 
 
2014 Dispositions:
 
 
 
 
 
 
 
 
 
 
1335 Park Center Drive(2)
 
San Diego - North County
 
1/29/2014
 
124,997

 
$
10,103

 
$
2,262

2900 N. Madera Road(2)
 
Ventura
 
3/13/2014
 
63,305

 
$
4,350

 
$
(137
)
500-560 Zenith Drive(1)
 
Other - Glenview, Illinois
 
8/29/2014
 
37,992

 
$
1,822

 
$
(150
)
 
(1)
The results of operations and the gain (loss) on sale of this property are reported as part of net income from continuing operations in the consolidated statements of operations.
(2)
The results of operations and the gain (loss) on sale of this property are reported as part of discontinued operations in the consolidated statements of operations.
Discontinued Operations
We did not complete any dispositions during the years ended December 31, 2016 and 2015, which qualified for discontinued operations presentation subsequent to the adoption of ASU 2014-08. The table below summarizes income from discontinued operations, which includes the results of operations (prior to disposition) and the gain on sale of real estate, attributable to the properties located at 1335 Park Center Drive and 2900 N. Madera Road (in thousands).
 
Year Ended December 31, 2014
Revenues
$
85

Operating expenses
(57
)
Depreciation and amortization expense
(7
)
Gain on sale of real estate
2,125

Income from discontinued operations
$
2,146