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 24 for additional fair value information) (in thousands):



	Year Ended December 31,
	2014		2013		2012
Continuing operations:
Land held for development and undeveloped land ⁽¹⁾	$	—	$	2,358	$	—
Property marketed for sale or sold ⁽²⁾	808		56		2,977
Investments in real estate joint ventures and partnerships ⁽³⁾	—		—		6,608
Other	216		165		—
Total reported in continuing operations	1,024		2,579		9,585
Discontinued operations:
Property held for sale or sold ⁽⁴⁾	—		236		5,851
Total impairment charges	1,024		2,815		15,436
Other financial statement captions impacted by impairment:
Equity in earnings (losses) of real estate joint ventures and partnerships, net	305		395		19,946
Net impact of impairment charges	$	1,329	$	3,210	$	35,382

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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)	The charge for 2014 was based primarily on third party offers. Charges for 2013 and 2012 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.