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DISCONTINUED OPERATIONS
12 Months Ended
Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS
In connection with the sale of a real estate loan in March 2006, the Company agreed that in exchange for the property owner relinquishing certain control rights, the Company would make payments to the owner under stipulated circumstances.  On April 7, 2011, the Company was formally notified that a triggering event had occurred on March 17, 2011 and, accordingly, it accrued the present value of $3.4 million for the payout due to the owner under the agreement, which was reflected as a $2.2 million loss, net of tax, from discontinued operations in the consolidated statements of operations. Discontinued operations in 2013 and 2012 reflected the continuing accretion of this liability which was paid off during 2013.
The summarized operating results of discontinued operations are as follows (in thousands):
 
Years Ended December 31,
 
2013
 
2012
 
2011
Loss from discontinued operations
$
(4
)
 
$
(69
)
 
$
(3,417
)
Benefit for income taxes
2

 
25

 
1,195

Loss from discontinued operations, net of tax
$
(2
)
 
$
(44
)
 
$
(2,222
)