Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Below is a detail of the amounts by category:



(in thousands)	For the Three Months Ended				For the Six Months Ended
Type of Revenue	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Parking income	$	1,819	$	1,669	$	3,445	$	3,238
Rental lease guaranty	146		153		321		377
Management fee income	69		68		137		167
Miscellaneous	34		44		60		87
	$	2,068	$	1,934	$	3,963	$	3,869

Schedule of reclassifications

These amounts are considered immaterial and have been reclassified for the prior year presentation on the Company's Condensed Consolidated Statements of Income.



	For the Three Months Ended June 30, 2017				For the Six Months Ended June 30, 2017
(in thousands)	As Previously Reported		As Reclassified		As Previously Reported			As Reclassified
EXPENSES
Property operating expense	$	38,184	$	38,184	$	76,018		$	76,035
OTHER INCOME (EXPENSE)
Gain on sales of properties	16,124		16,124		39,527			39,532

INCOME FROM CONTINUING OPERATIONS	$	25,224	$	25,224	$	57,082		$	57,070

DISCONTINUED OPERATIONS
Loss from discontinued operations	$	—	$	—	$	(17	)	$	—
Gain on sales of properties	—		—		5			—
LOSS FROM DISCONTINUED OPERATIONS	$	—	$	—	$	(12	)	$	—

Impact of Adoption of New Accounting Standard

The following table represents the impact of the adoption of this standard on the Company's Condensed Consolidated Statements of Income for the three and six months ended June 30, 2017:



	For the Three Months Ended June 30, 2017				For the Six Months Ended June 30, 2017
(in thousands)	As Reported		As Reclassified		As Reported		As Reclassified
REVENUES
Rental income	$	104,869	$	103,384	$	208,957	$	206,093
Other operating	376		1,934		857		3,869
	$	105,245	$	105,318	$	209,814	$	209,962

OTHER INCOME (EXPENSE)
Interest and other income, net	$	77	$	4	$	189	$	41

NET INCOME	$	25,224	$	25,224	$	57,070	$	57,070