Discontinued Operations (UNITED DOMINION REALTY, L.P.) (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The following is a summary of income from discontinued operations for the three and six months ended June 30, 2012 and 2011 (dollars in thousands):



	Three Months Ended June 30,					Six Months Ended June 30,
	2012			2011		2012			2011
Rental income	$	13,215		$	26,581	$	30,316		$	59,271

Rental expenses	4,637			9,989		10,566			22,102
Other operating expenses	—			—		—			23
Property management fee	364			731		834			1,630
Real estate depreciation	—			11,253		6,340			25,153
Interest	—			184		—			1,744
Non-property expense	791			43		791			88
	5,792			22,200		18,531			50,740
Income before net gain on the sale of depreciable property	7,423			4,381		11,785			8,531
Gain on the sale of depreciable property	180,856			44,658		261,381			44,699
Income tax expense	(8,850		)	—		(8,850		)	—
Income from discontinued operations	$	179,429		$	49,039	$	264,316		$	53,230

United Dominion Reality L.P. [Member]

Entity Information [Line Items]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The following is a summary of income from discontinued operations for the three and six months ended June 30, 2012 and 2011 (dollars in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Rental income	$	3,377	$	7,749	$	6,750	$	19,447

Rental expenses	1,178		3,005		2,247		7,288
Property management fee	93		214		186		510
Other operating expenses	—		43		—		111
Real estate depreciation	—		2,708		1,205		6,998
Interest	—		64		—		815
	1,271		6,034		3,638		15,722
Income before net gain on the sale of property	2,106		1,715		3,112		3,725
Net gain on the sale of property	51,266		16,038		51,182		16,038
Income from discontinued operations	$	53,372	$	17,753	$	54,294	$	19,763

- 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.

+ References+ Details