XML 37 R22.htm IDEA: XBRL DOCUMENT v3.3.1.900
Discontinued Operations
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
Since the adoption of the new qualification criteria for discontinued operations on April 1, 2014, no dispositions have qualified as 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 additional information).
The operating results have been reclassified and reported as discontinued operations in the Consolidated Statements of Operations as follows (in thousands):
 
Year Ended December 31,
 
2014
 
2013
Revenues, net
$
1,062

 
$
43,452

Depreciation and amortization
(260
)
 
(10,902
)
Operating expenses
(285
)
 
(7,457
)
Real estate taxes, net
(136
)
 
(4,766
)
Impairment loss

 
(236
)
General and administrative
(2
)
 
(24
)
Interest, net
(19
)
 
(7,527
)
Interest and other income, net

 
2

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

 
12,214

Gain on sale of property from discontinued operations
44,582

 
119,203

Income from discontinued operations
$
44,924

 
$
131,417