DISPOSITIONS (Tables)

3 Months Ended

Mar. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Summary of the results of operations of properties sold or classified as held for sale



	For the Three Months Ended March 31,
	2013			2012
	(In thousands)
Revenues:
Rental income	$	2,073		$	9,458
Resident fees and services	618			2,611
Interest and other income	—			1,822
	2,691			13,891
Expenses:
Interest	729			3,520
Depreciation and amortization	7,926			4,215
Property-level operating expenses	664			2,475
General, administrative and professional fees	—			3
Other	(524		)	580
	8,795			10,793
(Loss) income before income taxes and gain on sale of real estate assets	(6,104		)	3,098
Income tax benefit	—			33
Gain on real estate dispositions, net	477			40,233
Discontinued operations	$	(5,627	)	$	43,364

- 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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