SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2012

SEGMENT INFORMATION

Schedule of financial results for each of the company's reportable segments

	Real Estate			Leasing		Utilities		Resort Amenities			Other(6)			Consolidated
2012
Operating revenues(1)	$	2,545		$	5,806	$	3,541	$	4,228		$	44		$	16,164
Operating loss(2)		(338	)		428		624		(181	)		(2,926	)	$	(2,393	)
Interest expense, net															(2,563	)
Loss from continuing operations before income tax benefit														$	(4,956	)
Depreciation expense		—			2,240		461		12			176			2,889
Capital expenditures(3)		109			22		54		—			—			185
Assets relating to continuing operations(4)		6,736			37,421		6,437		1,752			5,190			57,536
Other assets(5)															3,949
														$	61,485

	Real Estate			Leasing			Utilities			Resort Amenities			Other(6)			Consolidated
2011
Operating revenues(1)	$	1,070		$	5,144		$	3,418		$	3,854		$	1,056		$	14,542
Operating loss(2)		(661	)		(1,000	)		(319	)		(803	)		(4,499	)	$	(7,282	)
Interest expense, net																	(2,402	)
Loss from continuing operations before income tax benefit																$	(9,684	)
Depreciation expense		313			1,535			459			23			1,060			3,390
Capital expenditures(3)		89			487			6			—			244			826
Assets relating to continuing operations(4)		10,844			38,744			6,977			1,138			3,873			61,576
Other assets(5)																	2,496
																$	64,072

(1)

Amounts are principally revenues from external customers and exclude equity in earnings of affiliates and interest income. Intersegment revenues were insignificant.

(2)

"Operating loss" is total operating revenues, less operating costs and expenses (excluding interest income, interest expense and income taxes).

(3)

Primarily includes expenditures for property and deferred costs.

(4)

"Segment assets" are located in the United States.

(5)

Consists primarily of assets held for sale and assets related to discontinued operations.

(6)

Consists primarily of miscellaneous transactions and unallocated general, administrative, marketing, pension and other post-retirement benefit expenses. Other assets are primarily information technology assets and assets at the Kapalua Resort that are not used directly in any operating segment.