Real Estate and Other Assets Held For Sale and Discontinued Operations

9 Months Ended

Sep. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Real Estate and Other Assets Held For Sale and Discontinued Operations

Real Estate and Other Assets Held For Sale and Discontinued Operations

The following table sets forth the major classes of assets of our real estate and other assets, net, held for sale:

	September 30, 2014		December 31, 2013
Assets:
Land held for development	$	989	$	—
Net real estate assets	989		—
Prepaid expenses and other assets	43		—
Real estate and other assets, net, held for sale	$	1,032	$	—

The following table sets forth our operations that were classified as discontinued operations prior to the adoption of the accounting standard update discussed in Note 1:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Rental and other revenues	$	—	$	5,277	$	—	$	18,537
Operating expenses:
Rental property and other expenses	—		2,312		—		7,178
Depreciation and amortization	—		1,451		—		5,506
Total operating expenses	—		3,763		—		12,684
Income from discontinued operations	—		1,514		—		5,853
Impairments of real estate assets	—		—		—		(2,194		)
Net gains on disposition of discontinued operations	—		37,946		384		52,353
Total discontinued operations	$	—	$	39,460	$	384	$	56,012

As of September 30, 2014, real estate and other assets, net, held for sale consisted of a land parcel in Richmond, VA and two land parcels in Raleigh, NC, none of which were classified as discontinued operations during the nine months endedSeptember 30, 2014. As of December 31, 2013, there were no real estate and other assets, net, held for sale.