Impairment

The following impairment charges were recorded on the following assets based on the difference between the carrying amount of the assets and the estimated fair value (see Note 19 for additional fair value information) (in thousands):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Continuing operations:
Land held for development and undeveloped land ⁽¹⁾	$	2,358	$	—	$	2,358	$	—
Property marketed for sale or sold ⁽²⁾	—		197		56		2,977
Investments in real estate joint ventures and partnerships ⁽³⁾	—		—		—		6,608
Other	—		—		165		—
Total reported in continuing operations	2,358		197		2,579		9,585
Discontinued operations:
Property held for sale or sold ⁽⁴⁾	—		139		236		5,825
Total impairment charges	2,358		336		2,815		15,410
Other financial statement caption impacted by impairment:
Equity in earnings of real estate joint ventures and partnerships, net	29		57		395		19,946
Net impact of impairment charges	$	2,387	$	393	$	3,210	$	35,356

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(1)	Impairment was prompted by changes in management's plans for these properties, recent comparable market transactions and/or a change in market conditions.


(2)	These charges resulted from changes in management’s plans for these properties, primarily the marketing of these properties for sale. Also included in this caption are impairments associated with dispositions that did not qualify to be reported in discontinued operations.


(3)	Amounts reported in 2012 were based on third party offers to buy our interests in industrial real estate joint ventures.


(4)	Amounts reported were based on third party offers.