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DISCONTINUED OPERATIONS (Tables)
9 Months Ended
Sep. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Effect on Net Income and Gains or Losses From Sale Of Properties Classified as Discontinued Operations
The following information shows the effect on net income and the gains or losses from the sales of properties classified as discontinued operations for the three and nine months ended September 30, 2019 and 2018, respectively:
 
(in thousands)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
REVENUE

 

 

 
$
353

EXPENSES
 

 
 

 
 

 
 

Property operating expenses, excluding real estate taxes

 

 

 
25

Real estate taxes

 

 

 
35

Depreciation and amortization

 

 

 
2

General and administrative

 

 

 
14

TOTAL EXPENSES

 

 

 
$
76

Operating income (loss)

 

 

 
277

Interest expense

 

 

 
(1
)
Other income

 

 

 
14

Income (loss) from discontinued operations before gain (loss) on sale of discontinued operations

 

 

 
290

Gain (loss) on sale of discontinued operations

 
$
570

 

 
14,400

INCOME (LOSS) FROM DISCONTINUED OPERATIONS

 
$
570

 

 
$
14,690