Dispositions of Real Estate and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Dispositions of Real Estate and Discontinued Operations

Summary of income from discontinued operations, impairments and gain on sales of real estate included in discontinued operations

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

	Year Ended December 31,

	2013		2012		2011
Rental and related revenues	$	16,649	$	33,777	$	32,555

Depreciation and amortization expenses		5,862		12,808		11,340
Operating expenses		3,929		3,304		1,472
Other expense, net		979		3,467		4,486

Income before impairments and gain on sales of real estate, net of income taxes	$	5,879	$	14,198	$	15,257


Impairments	$	1,372	$	—	$	—


Gain on sales of real estate, net of income taxes	$	69,866	$	31,454	$	3,107


Number of properties included in discontinued operations		16		20		23

- 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.

+ References+ Details