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Dispositions, Assets Held for Sale and Discontinued Operations
 12 Months Ended
Dec. 31, 2012
Disclosure Dispositions, Assets Held for Sale and Discontinued Operations [Abstract]  
Dispositions, Assets Held for Sale and Discontinued Operations

5. Dispositions, Assets Held for Sale and Discontinued Operations

Impairment of assets as reflected in our consolidated statements of comprehensive income relate to properties designated as held for sale and represent the charges necessary to adjust the carrying values to estimated fair values less costs to sell based on current sales price expectations. The following is a summary of our real property disposition activity for the periods presented (in thousands):

   Year Ended
   December 31, 2012 December 31, 2011 December 31, 2010
Real property dispositions:         
 Seniors housing triple-net $ 372,378 $ 150,755 $ 170,290
 Medical facilities   149,344   35,295   14,092
 Total dispositions   521,722   186,050   184,382
Add: Gain (loss) on sales of real property, net   100,549   61,160   36,115
  Seller financing on sales of real property   (12,000)   0   (1,470)
Proceeds from real property sales $ 610,271 $ 247,210 $ 219,027

At December 31, 2012, $46,201,000 of sales proceeds is on deposit in an Internal Revenue Code Section 1031 exchange account escrow account with a qualified intermediary. We have reclassified the income and expenses attributable to all properties sold prior to or held for sale at June 30, 2013 to discontinued operations. Expenses include an allocation of interest expense based on property carrying values and our weighted-average cost of debt. The following illustrates the reclassification impact as a result of classifying properties as discontinued operations for the periods presented (in thousands):

    Year Ended December 31,
   2012 2011 2010
Revenues:         
 Rental income $ 83,342 $ 111,626 $ 126,816
Expenses:         
 Interest expense   17,588   26,202   28,552
 Property operating expenses   2,354   6,131   8,678
 Provision for depreciation   19,314   31,338   38,987
Income (loss) from discontinued operations, net $ 44,086 $ 47,955 $ 50,599