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Discontinued Operations
9 Months Ended
Sep. 30, 2011
Discontinued Operations [Abstract] 
Discontinued Operations

NOTE 13: DISCONTINUED OPERATIONS

For the three-month and nine-month periods ended September 30, 2011, income (loss) from discontinued operations relates to one real estate property sold since January 1, 2011. For the three-month and nine-month periods ended September 30, 2010, income (loss) from discontinued operations relates to three real estate properties designated as held for sale and four 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
September 30
    For the  Nine-Month
Periods Ended
September 30
 
     2011     2010     2011     2010  

Revenue:

        

Rental income

   $ 0      $ 2,397      $ 2,072      $ 7,495   

Expenses:

        

Real estate operating expense

     (3     1,411        1,205        4,626   

General and administrative expense

     0        0        1        0   

Depreciation expense

     0        631        0        1,856   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses

     (3     2,042        1,206        6,482   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before interest and other income

     3        355        866        1,013   

Interest and other income

     0        0        0        2   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from discontinued operations

     3        355        866        1,015   

Gain (loss) on sale of assets

     (53     (2,911     (119     (2,645
  

 

 

   

 

 

   

 

 

   

 

 

 

Total income (loss) from discontinued operations

   $ (50   $ (2,556   $ 747      $ (1,630
  

 

 

   

 

 

   

 

 

   

 

 

 

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.