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Discontinued Operations
12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
During 2014, we sold 12 centers, three in each of Georgia and Texas and two in each of Florida, Louisiana and North Carolina. These dispositions represent the centers that were classified as discontinued operations or held for sale prior to April 1, 2014, our adoption date for the new qualification criteria for discontinued operations (see Note 2 for further information). Since adoption, no other dispositions have qualified as discontinued operations under the new guidance.
During 2013, we sold 20 centers, nine in Texas, three in each of Florida and North Carolina, two in New Mexico and one in each of California, Nevada and Tennessee. As of December 31, 2013, we classified as held for sale eight centers that consisted of property and accumulated depreciation totaling $155.0 million and $32.4 million, respectively, with three located in Georgia, two in each of Florida and Texas and one in North Carolina.
Excluding property held for sale at December 31, 2013, our Condensed Consolidated Balance Sheet at December 31, 2013 included $68.6 million of property and $13.2 million of accumulated depreciation related to the four centers that were sold and classified as discontinued operations during 2014.
The operating results of these centers have been reclassified and reported as discontinued operations in the Consolidated Statements of Operations as follows (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Revenues, net
$
1,062

 
$
43,452

 
$
92,193

Depreciation and amortization
(260
)
 
(10,902
)
 
(20,710
)
Operating expenses
(285
)
 
(7,457
)
 
(17,090
)
Real estate taxes, net
(136
)
 
(4,766
)
 
(11,643
)
Impairment loss

 
(236
)
 
(5,851
)
General and administrative
(2
)
 
(24
)
 
(2,214
)
Interest, net
(19
)
 
(7,527
)
 
(10,215
)
Interest and other income, net

 
2

 
1

Gain on acquisition

 

 
1,869

Provision for income taxes
(18
)
 
(328
)
 
(422
)
Operating income from discontinued operations
342

 
12,214

 
25,918

Gain on sale of property from discontinued operations
44,582

 
119,203

 
68,619

Income from discontinued operations
$
44,924

 
$
131,417

 
$
94,537