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Disposition of Parks
9 Months Ended
Sep. 30, 2012
Disposition of Parks  
Disposition of Parks

3.                                Disposition of Parks

 

As of September 30, 2012 and December 31, 2011, there were no assets or liabilities held for sale related to any of our parks that were sold in previous years, excluding contingent liabilities discussed in Note 7.

 

The following table summarizes our income (loss) from discontinued operations for the three-month and six-month periods ended September 30, 2012 and 2011 (in thousands):

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Operating revenue

 

$

 

$

 

$

 

$

 

Decrease (increase) in contingent liabilities from sale indemnities

 

7,209

 

(11

)

7,157

 

(113

)

Income (loss) from discontinued operations

 

$

7,209

 

$

(11

)

$

7,157

$

(113

)

 

Our long-term debt is not directly associated with discontinued operations, and we have not allocated a portion of our interest expense to the discontinued operations.