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Discontinued Operations
 3 Months Ended
Mar. 31, 2013
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Operations
13. DISCONTINUED OPERATIONS

The Company sold seven properties during the three-month period ended March 31, 2013, and had two properties held for sale at March 31, 2013. In addition, the Company sold 29 properties in 2012. These asset sales are included in discontinued operations for the three-month periods ended March 31, 2013 and 2012. The balance sheet related to the assets held for sale and the operating results related to assets sold or designated as held for sale as of March 31, 2013, are as follows (in thousands):

 

     March 31, 2013  

Land

    $ 3,347  

Buildings

      4,976  

Fixtures and tenant improvements

      60  
  

 

 

  
     8,383  

Less: Accumulated depreciation

      (1,128 ) 
  

 

 

  

Total assets held for sale

    $ 7,255  
  

 

 

  

 

    

Three-Month Periods

Ended March 31,

  
     2013     2012  

Revenues

    $ 777     $ 6,157  
  

 

 

    

 

 

  

Operating expenses

      —         2,943  

Impairment charges

      753       15,830  

Interest, net

      106       1,367  

Depreciation and amortization

      209       1,817  
  

 

 

    

 

 

  
     1,068       21,957  
  

 

 

    

 

 

  

Loss from discontinued operations

      (291 )      (15,800 ) 

Gain on disposition of real estate, net of tax

      601       70  
  

 

 

    

 

 

  

Income (loss) from discontinued operations

    $ 310     $ (15,730 )