DISPOSITIONS (Tables)

3 Months Ended

Mar. 31, 2012

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

	For the Three Months Ended March 31,

	2012		2011
	(In thousands)
Revenues:
Rental income	$	2,793	$	2,029
Resident fees and services		2,009		—
Interest and other income		1,819		—

		6,621		2,029
Expenses:
Interest		982		818
Depreciation and amortization		1,439		445
Property-level operating expenses		1,556		—
General, administrative and professional fees		1		—
Other		580		—

		4,558		1,263

Income before income taxes and gain on sale of real estate assets		2,063		766
Income tax benefit		33		—
Gain on sale of real estate assets		40,233		—

Discontinued operations	$	42,329	$	766

- 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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