Transactions With Parkway Properties, Inc. (Tables)

3 Months Ended

Mar. 31, 2017

Business Combinations [Abstract]

Summary of discontinued operations

The major components of the assets and liabilities of ACS Center at March 31, 2017 were as follows (in thousands):

Real estate and other assets held for sale
Operating properties, net of accumulated depreciation of $73,525 in 2017	$	33,459
Accounts receivable	1,028
Deferred rents receivable	8,913
Other assets	1,253
	$	44,653
Liabilities of real estate assets held for sale
Note payable, net of unamortized deferred loan costs of $36 in 2017	$	126,962
Accounts payable and accrued expenses	2,340
Other liabilities	1,389
	$	130,691

The following table includes a summary of discontinued operations of the Company for the three months ended March 31, 2016 (in thousands):

Rental property revenues	$	43,123
Rental property operating expenses	(17,805		)
Other revenues	186
Interest expense	(1,975		)
Depreciation and amortization	(15,428		)
Income from discontinued operations	$	8,101
Cash used in operating activities	$	(6,241	)
Cash used in investing activities	$	(8,737	)