Dispositions of Real Estate and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2014

Dispositions of Real Estate and Discontinued Operations

Summary of operating income from discontinued operations and gain on sales of real estate included in discontinued operations

The following table summarizes operating income from discontinued operations and gain on sales of real estate included in discontinued operations (dollars in thousands):

	Three Months Ended March 31,
	2014		2013
Rental and related revenues	$	1,810	$	5,083

Depreciation and amortization expenses	—		1,538
Operating expenses	54		919
Other expenses, net	20		394
Income before gain on sales of real estate, net of income taxes	$	1,736	$	2,232
Gain on sales of real estate, net of income taxes	$	28,010	$	—

Number of properties included in discontinued operations	3		13

- 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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