Impairment

The following impairment charges were recorded on the following assets based on the difference between the carrying amount of the assets and the estimated fair value (see Note 19 for additional fair value information) (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Continuing operations:
Property marketed for sale or sold ⁽¹⁾	$	—	$	2,536	$	56	$	2,780
Investments in real estate joint ventures and partnerships ⁽²⁾	—		—		—		6,608
Other	165		—		165		—
Total reported in continuing operations	165		2,536		221		9,388
Discontinued operations:
Property held for sale or sold ⁽³⁾	—		2,515		236		5,686
Total impairment charges	165		5,051		457		15,074
Other financial statement caption impacted by impairment:
Equity in earnings of real estate joint ventures and partnerships, net	3		19,889		366		19,889
Net impact of impairment charges	$	168	$	24,940	$	823	$	34,963

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(1)	These charges resulted from changes in management’s plans for these properties, primarily the marketing of these properties for sale. Also included in this caption are impairments associated with dispositions that did not qualify to be reported in discontinued operations.


(2)	Amounts reported in 2012 were based on third party offers to buy our interests in industrial real estate joint ventures.


(3)	Amounts reported were based on third party offers.