Dispositions (Tables)

12 Months Ended

Dec. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Summary of the results of operations of properties sold or classified as held for sale



	2013			2012			2011
	(In thousands)
Revenues:
Rental income	$	15,459		$	36,722		$	35,849
Resident fees and services	759			6,435			7,508
Interest and other income	—			5,052			1
	16,218			48,209			43,358
Expenses:
Interest	5,897			13,755			18,253
Depreciation and amortization	47,922			50,269			15,511
Property-level operating expenses	1,994			7,971			6,503
General, administrative and professional fees	3			303			—
Gain on extinguishment of debt, net	(153		)	—			—
Other	(407		)	1,902			1,383
	55,256			74,200			41,650
(Loss) income before income taxes and gain on real estate dispositions, net	(39,038		)	(25,991		)	1,708
Income tax benefit	—			4			477
Gain on real estate dispositions, net	3,617			80,952			—
Discontinued operations	$	(35,421	)	$	54,965		$	2,185

- 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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