DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of summarizes revenue and expense information for the properties sold and held for sale

The following table summarizes revenue and expense information for the properties sold and held for sale (dollars in thousands): 

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
Revenues:
Rental and other property revenues	$	—		$	1,341		$	15		$	3,912
		—			1,341			15			3,912
Expenses:
Property operating expenses		26			557			(348	)		1,875
Depreciation		—			179			—			509
General and administrative		7			140			104			313
Total operating expenses		33			876			(244	)		2,697
Other income (expense):
Other income		—			(528	)		—			(486	)
Mortgage and loan interest		(1	)		(464	)		(1	)		(1,410	)
Litigation settlement		—			(205	)		—			(250	)
Total other expenses		(1	)		(1,197	)		(1	)		(2,146	)
Gain (loss) from discontinued operations before gain on sale of real estate and tax		(34	)		(732	)		258			(931	)
Gain on sale of real estate from discontinued operations		—			7,003			—			13,057
Income tax benefit (expense)		12			(2,195	)		(90	)		(4,244	)
Income (loss) from discontinued operations	$	(22	)	$	4,076		$	168		$	7,882