DISCONTINUED OPERATIONS AND PROPERTIES HELD FOR SALE (Tables)

12 Months Ended

Dec. 31, 2012

DISCONTINUED OPERATIONS AND PROPERTIES HELD FOR SALE

Summary of income from discontinued operations applicable to the properties sold and properties held for sale

The following summarizes the components of income from discontinued operations (amounts in thousands):

	Year Ended December 31,

	2012		2011		2010
Rental income	$	1,733	$	2,446	$	3,265

Depreciation and amortization		260		505		665
Real estate expenses		102		257		261
Interest expense		332		468		706

Total expenses		694		1,230		1,632

Income from operations		1,039		1,216		1,633
Net gain on sales		19,413		932		235

Income from discontinued operations	$	20,452	$	2,148	$	1,868

- 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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