XML 26 R31.htm IDEA: XBRL DOCUMENT
v2.4.0.8

DISCONTINUED OPERATIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
The following table summarizes revenue and expense information for these properties sold and held for sale |
The following table summarizes revenue and expense information for these properties sold and held for sale | The following table summarizes revenue and expense information for the properties sold and held for sale (dollars in thousands):
|  | For the Three Months Ended September 30, |  |  | For the Nine Months Ended September 30, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Rental and other property revenues |  | $ | 1,416 |  |  | $ | 7,945 |  |  | $ | 5,328 |  |  | $ | 27,405 |
|  |  | 1,416 |  |  |  | 7,945 |  |  |  | 5,328 |  |  |  | 27,405 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses |  |  | 326 |  |  |  | 3,729 |  |  |  | 2,201 |  |  |  | 12,237 |
Depreciation |  |  | 155 |  |  |  | 1,251 |  |  |  | 664 |  |  |  | 4,300 |
General and administrative |  |  | 65 |  |  |  | 254 |  |  |  | 378 |  |  |  | 803 |
Total operating expenses |  |  | 546 |  |  |  | 5,234 |  |  |  | 3,243 |  |  |  | 17,340 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income |  |  | (36 | ) |  |  | 5 |  |  |  | (522 | ) |  |  | 35 |
Mortgage and loan interest |  |  | (351 | ) |  |  | (1,598 | ) |  |  | (1,431 | ) |  |  | (6,623 | )
Deferred borrowing costs amortization |  |  | (6 | ) |  |  | (17 | ) |  |  | (336 | ) |  |  | (1,032 | )
Loan charges and prepayment penalties |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (3,245 | )
Litigation settlement |  |  | - |  |  |  | (80 | ) |  |  | (250 | ) |  |  | (170 | )
Total other expenses |  |  | (393 | ) |  |  | (1,690 | ) |  |  | (2,539 | ) |  |  | (11,035 | )
Gain (loss) from discontinued operations before gain on sale of real estate and tax |  |  | 477 |  |  |  | 1,021 |  |  |  | (454 | ) |  |  | (970 | )
Gain on sale of real estate from discontinued operations |  |  | 1,769 |  |  |  | 127 |  |  |  | 14,826 |  |  |  | 25,429 |
Income tax expense |  |  | (786 | ) |  |  | (402 | ) |  |  | (5,030 | ) |  |  | (8,561 | )
Income from discontinued operations |  | $ | 1,460 |  |  | $ | 746 |  |  | $ | 9,342 |  |  | $ | 15,898 |

X
- Definition Tabular disclosure for Discontinued operations relates to properties that were either sold or repositioned as held for sale as of the year ended + References No definition available. + Details
Name: | fil_DiscontinuedOperationsRelatesToPropertiesTextBlock
Namespace Prefix: | fil_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | fil_DiscontinuedOperationsRelatesToPropertiesTextBlockAbstract
Namespace Prefix: | fil_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration