Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2013

Notes To Financial Statements [Abstract]

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



	Three months ended September 30,					Nine months ended September 30,
	2013			2012		2013			2012
Revenues
Rental revenues	$	1,386		$	5,108	$	9,084		$	19,659
Other revenues	119			449		709			1,834
Total revenues	1,505			5,557		9,793			21,493
Expenses
Property operating expenses	680			3,073		4,147			10,702
Depreciation and amortization	110			1,421		1,856			5,401
Interest expense	65			310		351			1,184
Total expense	855			4,804		6,354			17,287
Income from discontinued operations before gain on sale	650			753		3,439			4,206
Net (loss) gain on insurance and other settlement proceeds on discontinued operations	(1		)	99		(5		)	43
Gain on sale of discontinued operations	28,788			16,092		71,909			38,474
Income from discontinued operations	$	29,437		$	16,944	$	75,343		$	42,723

- 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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