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Discontinued Operations
6 Months Ended
Jun. 30, 2013
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Operations
14.   DISCONTINUED OPERATIONS

The Company sold 17 properties during the six-month period ended June 30, 2013, and had one property held for sale at June 30, 2013. In addition, the Company sold 29 properties in 2012. These asset sales are included in discontinued operations for the three- and six-month periods ended June 30, 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 June 30, 2013, are as follows (in thousands):

 

     June 30, 2013  

Land

   $ 1,151  

Buildings

     929  

Fixtures and tenant improvements

     10  
  

 

 

 
     2,090  

Less: Accumulated depreciation

     (238
  

 

 

 

Total assets held for sale

   $ 1,852  
  

 

 

 

 

     Three-Month Periods
Ended June 30,
    Six-Month Periods
Ended June 30,
 
     2013     2012     2013     2012  

Revenues

   $ 1,760     $ 5,721     $ 4,530     $ 13,868  
  

 

 

   

 

 

   

 

 

   

 

 

 

Operating expenses

     613       1,903       1,408       5,439  

Impairment charges

     542       38,126       5,135       55,466  

Interest, net

     376       1,318       1,010       3,168  

Depreciation and amortization

     471       1,703       1,215       4,230  
  

 

 

   

 

 

   

 

 

   

 

 

 
     2,002       43,050       8,768       68,303  
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from discontinued operations

     (242     (37,329     (4,238     (54,435

(Loss) gain on disposition of real estate, net of tax

     (2,063     3,226       (1,462     3,297  
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from discontinued operations

   $ (2,305   $ (34,103   $ (5,700   $ (51,138