Assets Held for Sale and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of Long Lived Assets Held-for-sale

Assets held for sale as of December 31, 2014 consisted solely of the 3900 Dallas Parkway building. Details are presented below (in thousands):



	March 31, 2015		December 31, 2014
Real estate assets held for sale, net:
Land	$	—	$	1,517
Building and improvements, less accumulated depreciation of $10,342 as of December 31, 2014	—		13,027
Total real estate assets held for sale, net	$	—	$	14,544

Other assets held for sale, net:
Straight-line rent receivables	$	—	$	768
Deferred lease costs, less accumulated amortization of $1,552 as of December 31, 2014	—		496
Total other assets held for sale, net	$	—	$	1,264

Schedule of Disposal Groups, Including Discontinued Operations, Results Of Operations

Asset disposals in previous periods that were previously classified as, and that continue to be reported as, discontinued operations for the three months ended March 31, 2015 and 2014 were as follows (in thousands):



Buildings Sold	Location	Date of Sale	Gain/(Loss) on Sale			Net Sales Proceeds
11107 and 11109 Sunset Hills Road	Reston, Virginia	March 19, 2014	$	(102	)	$	22,326
1441 West Long Lake Road	Troy, Michigan	April 30, 2014	$	562		$	7,202
4685 Investment Drive	Troy, Michigan	April 30, 2014	$	747		$	11,198

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

Details comprising income from discontinued operations for the three months ended March 31, 2015 and 2014 are presented below (in thousands):



	Three Months Ended
	March 31, 2015		March 31, 2014
Revenues:
Rental income	$	—	$	1,174
Tenant reimbursements	—		112
	—		1,286
Expenses:
Property operating costs	—		505
Depreciation	—		83
Amortization	—		223
General and administrative	—		3
	—		814

Other income/(expense)	—		(6		)

Operating income, excluding gain on sale	—		466
Gain on sale of real estate assets	—		(106		)
Income from discontinued operations	$	—	$	360

- 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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