Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2013

Discontinued Operations And Disposal Groups [Abstract]

Components of Condensed Balance Sheet Related to Assets Held for Sale

The balance sheet related to the assets 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

Operating Results Relating to Assets Sold or Designated as Held for Sale

The operating results related to assets sold or designated as held for sale for the three months ended March 31, 2013, are as follows (in thousands):


	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	)

- 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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