XML 24 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of discontinued operations (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue discontinued operations        
Rental and other property revenues $ 1,258 $ 3,456 $ 3,768 $ 7,850
Other income 20 943 20 939
Total revenue 1,278 4,399 3,788 8,789
Property operating expense 247 2,095 1,652 4,812
Interest expenses 265 (290) 878 1,904
Loan cost amortization 2 9 4 12
Loan fee expense 0 0 0 849
General and administration 291 160 511 324
Depreciation and Amortization: 183 554 512 1,308
Earnings from unconsolidated joint ventures and investees 0 (56) 0 (56)
Total expenses. 988 2,472 3,557 9,153
Income (loss) from discontinued operations before gains on sale of real estate, taxes, and fees 290 1,927 231 (364)
Gain on sale of discontinued operations 18,074 1,502 24,265 5,091
Income from discontinued operations 18,364 3,429 24,496 4,727
Income tax expense (6,427) (1,200) (8,574) (1,654)
Net income from discontinued operations $ 11,937 $ 2,229 $ 15,922 $ 3,073