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Discontinued Operations
12 Months Ended
Dec. 31, 2014
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]  
Discontinued Operations
Discontinued Operations

Included in discontinued operations for the year ended December 31, 2014 is the reversal of liabilities totaling $3.9 million that related to the acquisition or ownership of Toronto Dundas Square. These liabilities were reversed as the related payments are not expected to occur. Included in discontinued operations for the year ended December 31, 2013 are five winery and vineyard properties that were sold during 2013. Included in discontinued operations for the year ended December 31, 2012 are the prior mentioned properties as well as two winery and vineyard properties which were sold during 2012. Additionally, included in discontinued operations for the year ended December 31, 2012 is a gain on sale or acquisition of real estate of $0.3 million that relates to the settlement of escrow reserves established with the March 29, 2011 sale of Toronto Dundas Square.

The operating results relating to discontinued operations are as follows (in thousands):
 
Year ended December 31,
 
2014
 
2013
 
2012
Rental revenue
$
3

 
$
1,685

 
$
5,389

Tenant reimbursements

 
513

 

Other income

 
426

 
2,325

Mortgage and other financing income

 

 
112

Total revenue
3

 
2,624

 
7,826

Property operating expense (income)
(484
)
 
45

 
(1,036
)
Other expense (benefit)
(18
)
 
547

 
2,733

Interest expense, net

 
(29
)
 
(12
)
Transaction costs (benefit)
(3,376
)
 

 

Impairment charges

 

 
20,835

Depreciation and amortization

 
1,728

 
5,521

Income (loss) before gain on sale of real estate
3,881

 
333

 
(20,215
)
Gain (loss) on sale of real estate

 
4,256

 
(27
)
Net income (loss)
$
3,881

 
$
4,589

 
$
(20,242
)