Discontinued Operations and Disposition of Real Estate and Real Estate Investments (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations And Disposal Groups [Abstract]

Operating Results Related to Assets Sold

The operating results related to assets sold as of December 31, 2014, are as follows (in thousands):

	For the Year Ended December 31,
	2014			2013			2012
Revenues	$	39,537		$	81,241		$	102,552
Expenses:
Operating expenses		11,070			23,204			29,103
Impairment charges		8,877			53,553			79,731
Interest, net		9,947			19,457			25,745
Depreciation and amortization		16,254			27,568			31,184
		46,148			123,782			165,763
Loss from discontinued operations		(6,611	)		(42,541	)		(63,211	)
Gain on disposition of real estate, net of tax		96,009			11,274			3,847
Income (loss) from discontinued operations	$	89,398		$	(31,267	)	$	(59,364	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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