Property Transactions-Components of Disco and Gain on Sale (Tables)

6 Months Ended

Jun. 30, 2012

Property Transactions and Information [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The components of Discontinued Operations and the gains and losses on property sales for the three and six months ended June 30, 2012 and 2011 are as follows (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Income from discontinued operations:
Rental property revenues	$	1,065		$	5,421		$	3,367		$	11,276
Other income	13			89			13			114
Rental property expenses	(524		)	(2,404		)	(1,417		)	(4,766		)
Depreciation and amortization	—			(2,479		)	(1,145		)	(5,037		)
Income from discontinued operations	$	554		$	627		$	818		$	1,587

Gain (loss) on sale of discontinued investment properties:
The Avenue Collierville	$	86		$	—		$	86		$	—
Galleria 75	547			—			547			—
Jefferson Mill Business Park Building A	—			—			—			(394		)
Other	41			—			127			10
Gain (loss) on sale of discontinued investment properties	$	674		$	—		$	760		$	(384	)

- 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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