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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, 2012December 31, 2011December 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 September 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,
201220112010
Revenues:
Rental income$ 85,025$ 113,282$ 133,145
Expenses:
Interest expense 18,563 27,894 30,172
Property operating expenses 1,610 6,073 8,687
Provision for depreciation 23,200 33,454 41,001
Income (loss) from discontinued operations, net$ 41,652$ 45,861$ 53,285