DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2012

Summary of Amount Reported as Discontinued Operations

The following is a summary of the amounts reported as discontinued operations:


(dollars in thousands)	Jan. 1, 2012 to Sep. 30, 2012			Jan. 1, 2011 to Sep. 30, 2011
Total revenue	$	5,144		$	6,332
Property operations and maintenance expense		(1,601	)		(1,881	)
Real estate tax expense		(561	)		(798	)
Depreciation and amortization expense		(787	)		(1,058	)
Net realized gain on sale of property		4,498			—

Total income from discontinued operations	$	6,693		$	2,595

- 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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