REAL ESTATE HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Operating Income from Discontinued Operations

years ended December 31, 2013, 2012 and 2011 (in thousands):



	Years Ended December 31,
	2013			2012			2011
Total revenues and other income	$	1,387		$	1,029		$	377
Total expenses	2,754			2,645			560
Loss from discontinued operations before gain on sales of real estate	(1,367		)	(1,616		)	(183		)
Gain on sales of real estate, net	13,108			593			—
Income (loss) from discontinued operations	$	11,741		$	(1,023	)	$	(183	)

Schedule of Major Components of Real Estate Held for Sale and Liabilities Related to Real Estate Held for Sale

The following summary presents the major components of real estate held for sale and liabilities related to real estate held for sale as of December 31, 2012 (in thousands):



	December 31, 2012
Assets related to real estate held for sale
Total real estate, at cost	$	18,508
Accumulated depreciation and amortization	(906		)
Real estate held for sale, net	17,602
Other assets	916
Total assets	$	18,518
Liabilities related to real estate held for sale
Notes payable	4,340
Total liabilities	$	4,340

- 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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