Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Summary of income from discontinued operations applicable to the properties sold

The following summarizes the components of income from discontinued operations applicable to five properties sold during 2012 (dollars in thousands):

	Three Months Ended June 30, 2012		Six Months Ended June 30, 2012
Rental income	$	543	$	1,093
Depreciation and amortization	101		211
Real estate expenses	42		102
Interest expense	117		233
Total expenses	260		546

Income from operations	283		547
Net gain on sales	2,205		2,205

Income from discontinued operations	$	2,488	$	2,752

- 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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