Discontinued Operations

6 Months Ended

Jun. 30, 2014

Discontinued Operations

13. DISCONTINUED OPERATIONS

The Company sold 16 properties (including two properties held for sale at December 31, 2013) during the six-month period ended June 30, 2014. In addition, the Company sold 39 properties in 2013. These asset sales are included in discontinued operations for the three- and six-month periods ended June 30, 2014 and 2013. The operating results related to assets sold as of June 30, 2014, are as follows (in thousands):

	Three-Month Periods Ended June 30,					Six-Month Periods Ended June 30,
	2014		2013			2014		2013
Revenues	$	305	$	11,146		$	3,217	$	23,534
Operating expenses		18		3,464			1,015		7,290
Impairment charges		—		21,338			568		29,017
Interest, net		54		2,566			631		5,416
Depreciation and amortization		77		3,311			905		6,875
		149		30,679			3,119		48,598
Income (loss) from discontinued operations		156		(19,533	)		98		(25,064	)
Gain (loss) on disposition of real estate, net of tax		6,487		(2,063	)		17,182		(1,462	)
Income (loss) from discontinued operations	$	6,643	$	(21,596	)	$	17,280	$	(26,526	)