Discontinued Operations

12 Months Ended

Dec. 31, 2011

Discontinued Operations [Abstract]

Discontinued Operations

16 DISCONTINUED OPERATIONS

Included in discontinued operations for the years ended December 31, 2010 and 2009 are the operating results of 5 apartment community dispositions, all sold in 2009, and the operating results of the VIE for which the Company's general partnership interest was sold in 2010.

A summary of community dispositions is as follows:

Year	Number of Disposed Communities		Number of Disposed Units		Number of Transactions		Total Sales Price		Sales Price Per Unit		Total Gain On Sale
2009		5		1,333		3	$	108,300	$	81	$	24,314

The operating results of discontinued operations are summarized as follows for the years ended December 31, 2010 and 2009:

	2010			2009
Revenues:
Rental income	$	3,441		$	9,710
Property other income		14			583
Other income		669			—
Total revenues		4,124			10,293
Expenses:
Operating and maintenance		2,889			6,695
Interest expense, including prepayment penalties		802			5,546
Depreciation and amortization		840			2,357
Total expenses		4,531			14,598
Income (loss) from discontinued operations	$	(407	)	$	(4,305	)