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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2012
Discontinued Operations (Tables) [Abstract]  
Components of discontinued operations
 
Year Ended December 31,
 
2012
 
2011
 
2010
REVENUES
 

 
 

 
 

Rental income
$
313,452

 
$
431,951

 
$
606,932

Total revenues
313,452

 
431,951

 
606,932

 
 
 
 
 
 
EXPENSES (1)
 

 
 

 
 

Property and maintenance
69,783

 
127,276

 
193,550

Real estate taxes and insurance
27,956

 
37,745

 
62,396

Property management
211

 
266

 
230

Depreciation
91,108

 
124,265

 
167,887

General and administrative
87

 
55

 
42

Total expenses
189,145

 
289,607

 
424,105

 
 
 
 
 
 
Discontinued operating income
124,307

 
142,344

 
182,827

 
 
 
 
 
 
Interest and other income
156

 
196

 
1,490

Other expenses
(161
)
 
(348
)
 
(331
)
Interest (2):
 

 
 

 
 

Expense incurred, net
(2,284
)
 
(7,686
)
 
(20,763
)
Amortization of deferred financing costs
(115
)
 
(1,195
)
 
(953
)
Income and other tax (expense) benefit
(32
)
 
223

 
(108
)
 
 
 
 
 
 
Discontinued operations
121,871

 
133,534

 
162,162

Net gain on sales of discontinued operations
548,278

 
826,489

 
297,956

 
 
 
 
 
 
Discontinued operations, net
$
670,149

 
$
960,023

 
$
460,118


(1)
Includes expenses paid in the current period for properties sold or held for sale in prior periods related to the Company’s period of ownership.
(2)
Includes only interest expense specific to secured mortgage notes payable for properties sold and/or held for sale.