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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2012
DISCONTINUED OPERATIONS (Tables)  
REVENUE AND EXPENSES PROPERTIES SOLD

 

 

 

For Years Ended December 31,

 

 

 

2012

 

 

2011

 

 

2010

 

Revenue

 

 

 

 

 

 

 

 

 

     Rental

 

$

-

 

 

$

159

 

 

$

313

 

     Property operations

 

 

-

 

 

 

1,501

 

 

 

136

 

 

 

 

-

 

 

 

(1,342

)

 

 

177

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

     Interest

 

 

-

 

 

 

(85

)

 

 

(165

)

     General and administration

 

 

(106

)

 

 

-

 

 

 

-

 

 

 

 

(106

)

 

 

(85

)

 

 

(165

)

Net income (loss) from discontinued operations before gains on sale of real estate, taxes, fees and non-controlling interest

 

 

(106

)

 

 

(1,427

)

 

 

12

 

     Gain on sale of discontinued operations

 

 

-

 

 

 

947

 

 

 

-

 

Income (loss) from discontinued operations, net of non-controlling interest before tax

 

 

(106

)

 

 

(480

)

 

 

12

 

     Income tax benefit (expense)

 

 

37

 

 

 

168

 

 

 

(4

)

Income (loss) from discontinued operations, net of non-controlling interest

 

$

(69

)

 

$

(312

)

 

$

8