Dispositions of Real Estate and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Dispositions of Real Estate and Discontinued Operations

Schedule of income from discontinued operations

The following table summarizes operating income from discontinued operations and gain on sales of real estate included in discontinued operations (dollars in thousands):

	Year Ended December 31,

	2012		2011		2010
Rental and related revenues	$	13,025	$	14,877	$	19,293

Depreciation and amortization expenses		8,267		7,473		6,513
Operating expenses		22		22		263
Other expense, net		2,232		3,333		3,393

Income before gain on sales of real estate	$	2,504	$	4,049	$	9,124

Gain on sales of real estate	$	31,454	$	3,107	$	19,925

Number of properties held-for-sale		—		4		7
Number of properties sold		4		3		14

Number of properties included in discontinued operations		4		7		21

- 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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