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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The table below reflects the assets and liabilities of the properties classified as held for sale and discontinued operations as of December 31, 2015 and 2014.
 
December 31,
(Dollars in thousands)
2015

 
2014

Balance Sheet data (as of the period ended):
 
 
 
Land
$
422

 
$
422

Buildings, improvements and lease intangibles
1,350

 
12,822

Personal property
—

 
13

 
1,772

 
13,257

Accumulated depreciation
(1,070
)
 
(4,464
)
Assets held for sale, net
702

 
8,793

Other assets, net (including receivables)
22

 
353

Assets of discontinued operations, net
22

 
353

Assets held for sale and discontinued operations, net
$
724

 
$
9,146

Accounts payable and accrued liabilities
$
28

 
$
86

Other liabilities
5

 
286

Liabilities of discontinued operations
$
33

 
$
372


The table below reflects the results of operations of the properties included in discontinued operations on the Company’s Consolidated Statements of Income for the years ended December 31, 2015, 2014 and 2013.

 
Year Ended December 31,
(Dollars in thousands, except per share data)
2015

 
2014

 
2013

Statements of Income data:
 
 
 
 
 
Revenues (1)
 
 
 
 
 
Rental income
$
752

 
$
5,660

 
$
14,202

Other operating
—

 
4

 
9

 
752

 
5,664

 
14,211

Expenses (2)
 
 
 
 
 
Property operating
58

 
3,126

 
4,830

General and administrative
—

 
19

 
26

Depreciation
—

 
1,551

 
3,794

Amortization
—

 
—

 
63

Bad debt, net of recoveries
(1
)
 
3

 
13

 
57

 
4,699

 
8,726

Other Income (Expense) (3)
 
 
 
 
 
Loss on extinguishment of debt
—

 
—

 
(270
)
Interest expense
—

 
—

 
(40
)
Interest and other income, net
20

 
2

 
71

 
20

 
2

 
(239
)
Income from Discontinued Operations
715

 
967

 
5,246

Impairments (4)
(686
)
 
(12,029
)
 
(9,889
)
Gain on sales of real estate properties (5)
10,571

 
9,283

 
24,718

Income (Loss) from Discontinued Operations
$
10,600

 
$
(1,779
)
 
$
20,075

Income (Loss) from Discontinued Operations per Common Share - Basic
$
0.11

 
$
(0.02
)
 
$
0.22

Income (Loss) from Discontinued Operations per Common Share - Diluted
$
0.11

 
$
(0.02
)
 
$
0.22

______
(1)
Total revenues for the years ended December 31, 2015, 2014 and 2013 included $0.8 million, $5.7 million and $14.0 million, respectively, related to properties sold; and $0.2 million related to one property held for sale as of December 31, 2013.
(2)
Total expenses for the years ended December 31, 2015, 2014 and 2013 included $0.1 million, $4.7 million and $8.7 million, respectively, related to properties sold.
(3)
Other income (expense) for the years ended December 31, 2015, 2014, and 2013 included income (expense) related to properties sold.
(4)
Impairments for the year ended December 31, 2015 included $0.7 million related to one property held for sale. December 31, 2014 included $3.7 million related to the sale of three properties and $8.3 million on four properties, classified as held for sale and subsequently sold in 2015; December 31, 2013 included the following: $3.3 million related to the sale of a land parcel; $0.4 million related to two properties classified as held for sale and subsequently sold for a gain in 2014; and $6.2 million related to three properties held for sale.
(5)
Gain on sales of real estate properties for the years ended December 31, 2015, 2014 and 2013 included gains on the sale of one, three, and 12 properties, respectively.