Discontinued Operations

6 Months Ended

Jun. 30, 2011

Discontinued Operations

Discontinued Operations

NOTE 13: DISCONTINUED OPERATIONS

For the three-month and six-month periods ended June 30, 2011, income (loss) from discontinued operations relates to one real estate property sold since January 1, 2011. For the three-month and six-month periods ended June 30, 2010, income (loss) from discontinued operations relates to four real estate properties designated as held for sale and three real estate properties that we sold or deconsolidated since January 1, 2010. The following table summarizes revenue and expense information for real estate properties classified as discontinued operations:

	For the Three-Month Periods Ended June 30					For the Six-Month Periods Ended June 30
	2011			2010		2011			2010
Revenue:
Rental income	$	295		$	2,569	$	2,072		$	5,099
Expenses:
Real estate operating expense		223			1,509		1,208			3,215
General and administrative expense		0			0		1			0
Depreciation expense		0			605		0			1,225
Total expenses		223			2,114		1,209			4,440
Income (loss) before interest and other income		72			455		863			659
Interest and other income		0			1		0			1
Income (loss) from discontinued operations		72			456		863			660
Gain (loss) on sale of assets		(66	)		0		(66	)		266
Total income (loss) from discontinued operations	$	6		$	456	$	797		$	926

Discontinued operations have not been segregated in the consolidated statements of cash flows. Therefore, amounts for certain captions will not agree with respective data in the consolidated statements of operations.