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Dispositions and Assets Held for Sale | 6 Months Ended
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Jun. 30, 2011
Dispositions and Assets Held for Sale |
Dispositions and Assets Held for Sale |
| 13. | Dispositions and Assets Held for Sale
Discontinued Operations and Assets Held for Sale. For the three and six months ended June 30, 2010, income from discontinued operations included the results of operations of two operating properties comprised of an aggregate of 1,066 apartment homes sold during the fourth quarter 2010. We had no assets classified as held for sale as of and for the three or six months ended June 30, 2011. The following is a summary of income from discontinued operations for the three and six months ended June 30, 2010:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(in thousands) |  | 2010 |  |  | 2010 |
Property revenues |  | $ | 2,826 |  |  | $ | 5,580 |
Property expenses |  |  | 1,082 |  |  |  | 2,293 |
|  |  | 1,744 |  |  |  | 3,287 |
Depreciation and amortization |  |  | 780 |  |  |  | 1,625 |
Income from discontinued operations |  | $ | 964 |  |  | $ | 1,662 |

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- Definition Discontinued Operations and Assets Held for Sale. + Details
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- Definition Disclosure includes the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain or loss recognized in the income statement and the income statement caption that includes that gain or loss, amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 43-48 + Details
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