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Discontinued Operations and Assets Held for Sale (Tables)
6 Months Ended
Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Table Illustration of Number of Properties in Discontinued Operations
The following table illustrates the number of sold or held-for-sale properties included in, or excluded from, discontinued operations:
 
 
Held-for-Sale at June 30, 2016
 
Sold Year-to-Date in 2016
 
Sold in 2015
 
Total
 
 
 
 
 
 
 
 
Industrial
0
 
0
 
5
 
5
Medical Office
0
 
0
 
1
 
1
Non-reportable Rental Operations
0
 
0
 
56
 
56
Total properties included in discontinued operations
0
 
0
 
62
 
62
Properties excluded from discontinued operations
1
 
9
 
91
 
101
Total properties sold or classified as held-for-sale
1
 
9
 
153
 
163
Table Illustration of Discontinued Operations in Statement of Operations
The following table illustrates the operational results of the buildings reflected in discontinued operations for the three and six months ended June 30, 2016 and 2015, respectively (in thousands):  
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Revenues
$
126

 
$
49

 
$
355

 
$
32,164

Operating expenses
1

 
(13
)
 
9

 
(12,399
)
Depreciation and amortization

 

 

 
(3,517
)
Operating income
127

 
36

 
364

 
16,248

Interest expense

 

 

 
(6,053
)
Income before gain on sales
127

 
36

 
364

 
10,195

Gain on sale of depreciable properties
252

 
399,354

 
166

 
417,729

Income from discontinued operations before income taxes
379

 
399,390

 
530

 
427,924

Income tax expense

 
(3,220
)
 

 
(3,220
)
Income from discontinued operations
$
379

 
$
396,170

 
$
530

 
$
424,704

Allocation of Common Shareholders' Income (Loss) Between Continuing and Discontinued Operations
The following table illustrates the General Partner's share of the income attributable to common shareholders from continuing operations and discontinued operations, reduced by the allocation of income between continuing and discontinued operations to the Limited Partner Units, for the three and six months ended June 30, 2016 and 2015, respectively (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Income from continuing operations attributable to common shareholders
$
108,692

 
$
57,333

 
$
151,850

 
$
94,382

Income from discontinued operations attributable to common shareholders
375

 
392,047

 
524

 
420,242

Net income attributable to common shareholders
$
109,067

 
$
449,380

 
$
152,374

 
$
514,624

Schedule of Discontinued Operations, Properties Held-for-Sale, Aggregate Balance Sheet Information [Table Text Block]
The following table illustrates aggregate balance sheet information for all held-for-sale properties at June 30, 2016 and December 31, 2015 (in thousands):
 
Held-for-Sale Properties Included in Continuing Operations
 
June 30, 2016
 
December 31, 2015
Land and improvements
$
603

 
$
9,797

Buildings and tenant improvements
3,329

 
39,480

Undeveloped land
596

 

Accumulated depreciation
(1,437
)
 
(7,183
)
Deferred leasing and other costs, net
11

 
3,293

Other assets
360

 
414

Total assets held-for-sale
$
3,462

 
$
45,801

 
 
 
 
Accrued expenses
$
43

 
$
322

Other liabilities
602

 
650

Total liabilities held-for-sale
$
645

 
$
972