Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Notes To Financial Statements [Abstract]

The following is a summary of discontinued operations for the three- and six-month periods ended June 30, 2013 and 2012 (dollars in thousands):



	Three months ended June 30,						Six months ended June 30,
	2013			2012			2013			2012
Revenues
Rental revenues	$	2,452		$	5,893		$	5,359		$	12,241
Other revenues	170			566			385			1,184
Total revenues	2,622			6,459			5,744			13,425
Expenses
Property operating expenses	1,176			3,157			2,555			6,702
Depreciation and amortization	466			1,679			1,223			3,474
Interest expense	73			330			154			714
Total expense	1,715			5,166			3,932			10,890
Gain from discontinued operations before gain on sale	907			1,293			1,812			2,535
Net loss on insurance and other settlement proceeds on discontinued operations	(4		)	(2		)	(4		)	(56		)
Gain on sale of discontinued operations	43,121			12,953			43,121			22,382
Income from discontinued operations	$	44,024		$	14,244		$	44,929		$	24,861

- 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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