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SALE AND DISPOSAL OF PROPERTIES, DISCONTINUED OPERATIONS AND IMPAIRMENT (Tables)
12 Months Ended
Dec. 31, 2015
SALE AND DISPOSAL OF PROPERTIES, DISCONTINUED OPERATIONS AND IMPAIRMENT  
Summary of income from discontinued operations

The following summarizes the components of income from discontinued operations which includes the two properties sold in February 2014 (amounts in thousands):

                                                                                                                                                                                    

 

 

Year Ended
December 31,

 

 

 

2014

 

2013

 

Rental income

 

$

141

 

$

973

 

​  

​  

​  

​  

Depreciation and amortization

 

 

 

 

125

 

Real estate expenses

 

 

17

 

 

12

 

Interest expense

 

 

111

 

 

259

 

​  

​  

​  

​  

Total expenses

 

 

128

 

 

396

 

​  

​  

​  

​  

Income from operations

 

 

13

 

 

577

 

Impairment loss

 

 

 

 

(62

)

​  

​  

​  

​  

Income from discontinued operations

 

$

13

 

$

515

 

​  

​  

​  

​  

​  

​  

​  

​