Real Estate and Other Assets Held For Sale and Discontinued Operations

12 Months Ended

Dec. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

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

	December 31,
	2014		2013
Assets:
Land held for development	$	995	$	—
Net real estate assets	995		—
Prepaid expenses and other assets	43		—
Real estate and other assets, net, held for sale	$	1,038	$	—

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:

	Year Ended December 31,
	2014		2013			2012
Rental and other revenues	$	—	$	20,812		$	41,176
Operating expenses:
Rental property and other expenses	—		8,283			14,456
Depreciation and amortization	—		5,753			11,970
Total operating expenses	—		14,036			26,426
Interest expense	—		—			283
Income from discontinued operations	—		6,776			14,467
Impairments of real estate assets	—		(2,194		)	—
Net gains on disposition of discontinued operations	384		63,792			29,455
Total discontinued operations	$	384	$	68,374		$	43,922

As of December 31, 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 year ended December 31, 2014. As of December 31, 2013, there were no real estate and other assets, net, held for sale.