DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2014

Summary of information about revenue and expense related to properties classified as discontinued operations

The following table summarizes the revenue and expense information for the period the Company owned the facilities classified as discontinued operations during the years ended December 31, 2014, 2013 and 2012 (in thousands):

	For the year ended December 31,
	2014			2013			2012
REVENUES
Rental income	$	—		$	10,795		$	21,077
Other property related income	—			1,583			2,703
Total revenues	—			12,378			23,780
OPERATING EXPENSES
Property operating expenses	(336		)	5,318			10,742
Depreciation and amortization	—			2,703			5,548
Total operating expenses	(336		)	8,021			16,290
OPERATING INCOME	336			4,357			7,490
OTHER INCOME (EXPENSE)
Interest expense on loans	—			(212		)	(397		)
Gain from dispositions of discontinued operations	—			27,440			9,811
Income from discontinued operations	$	336		$	31,585		$	16,904

- 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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