Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Operations and Cash Flow from Discontinued Operations

The tables below provide the details of the results of operations and the details of the cash flows related to discontinued operations for the periods set forth below.

(Amounts in thousands)	For the Year Ended December 31,
Income Statements: (1)	2020			2019
Revenues:
Rental revenue	$	13,967		$	24,969
Other income		276			457
Total revenues		14,243			25,426
Expenses:
Operating		5,853			10,134
Depreciation and amortization		690			8,243
Total expenses		6,543			18,377
Other income (expense):
Real estate impairment loss		-			(42,000	)
Income (loss) before gain or loss on sale of real estate		7,700			(34,951	)
(Loss) gain on sale of real estate (2)		(12,766	)		1,140
Loss before income taxes		(5,066	)		(33,811	)
Income tax expense		(9	)		-
Loss from discontinued operations, net	$	(5,075	)	$	(33,811	)

	For the Year Ended December 31,
Statements of Cash Flows: (1)	2020			2019
Cash provided by operating activities	$	5,522		$	15,949
Cash provided by investing activities
Proceeds from sale of real estate (3)	$	89,206		$	150,307
Additions to real estate		-			(1,514	)
Total cash provided by investing activities	$	89,206		$	148,793
Cash used in financing activities	$	(96,896	)	$	(162,294	)
Additional Cash Flow Information:
Depreciation and amortization	$	690		$	8,243

⁽¹⁾ Represents revenues, expenses, net income, and cash flow information of 1899 Pennsylvania Avenue in the year ended December 31, 2020 and 1899 Pennsylvania Avenue and Liberty Place in the year ended December 31, 2019.

⁽²⁾ Represents the loss on sale of 1899 Pennsylvania Avenue in 2020 and gain on sale of Liberty Place in 2019.

⁽³⁾ Represents the proceeds from the sale of 1899 Pennsylvania Avenue in 2020 and Liberty Place in 2019.