DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Effect on Net Income and Gains or Losses From Sale of Properties Classified as Discontinued Operations

The following information shows the effect on net income and the gains or losses from the sale of properties classified as discontinued operations for the year ended December 31, 2019, the transition period ended December 31, 2018, and the fiscal years ended April 30, 2018 and 2017.

	(in thousands)
	Year Ended		Eight Months Ended		Year Ended
	December 31, 2019		December 31, 2018		April 30, 2018			April 30, 2017
REVENUE
Real estate rentals	$	—	$	—	$	19,744		$	43,984
Tenant reimbursement	—		—		11,650			16,110
TRS senior housing revenue	—		—		—			3,218
TOTAL REVENUE	—		—		31,394			63,312
EXPENSES
Property operating expenses, excluding real estate taxes	—		—		6,350			9,051
Real estate taxes	—		—		5,191			6,848
Property management expense	—		—		206			574
Depreciation and amortization	—		—		8,445			10,772
TRS senior housing expenses	—		—		—			3,113
TOTAL EXPENSES	—		—		20,192			30,358
Operating income (loss)	—		—		11,202			32,954
Interest expense(1)	—		—		(4,172		)	(11,628		)
Gain (loss) on extinguishment of debt(1)	—		—		(6,508		)	(3,238		)
Interest income	—		—		661			2,179
Other income	—		—		73			340
Income (loss) from discontinued operations before gain on sale	—		—		1,256			20,607
Gain (loss) on sale of discontinued operations	—		570		163,567			56,146
INCOME (LOSS) FROM DISCONTINUED OPERATIONS	$	—	$	570	$	164,823		$	76,753
Segment Data
All other	$	—	$	570	$	164,823		$	76,753
Total	$	—	$	570	$	164,823		$	76,753

	(in thousands)
	Year Ended	Eight Months Ended		Year Ended
	December 31, 2019	December 31, 2018		April 30, 2018			April 30, 2017
Property Sale Data
Sales price	—	$	—	$	437,652		$	239,436
Net book value and sales costs	—	—		(274,085		)	(183,290		)
Gain on sale of discontinued operations	—	$	—	$	163,567		$	56,146