Discontinued Operations

9 Months Ended

Sep. 30, 2014

Discontinued Operations And Disposal Groups [Abstract]

Discontinued Operations

13. DISCONTINUED OPERATIONS

The Company sold 23 properties (including two properties held for sale at December 31, 2013) during the nine-month period ended September 30, 2014. In addition, the Company sold 39 properties in 2013. These asset sales are included in discontinued operations for the three- and nine-month periods ended September 30, 2014 and 2013. The operating results related to assets sold as of September 30, 2014, are as follows (in thousands):

	Three-Month Periods Ended September 30,					Nine-Month Periods Ended September 30,
	2014		2013			2014			2013
Revenues	$	5,596	$	15,136		$	21,185		$	50,853
Operating expenses		1,164		4,031			5,220			14,285
Impairment charges		—		14,875			8,098			43,893
Interest, net		1,328		3,609			5,374			12,254
Depreciation and amortization		2,303		4,580			8,083			15,533
		4,795		27,095			26,775			85,965
Income (loss) from discontinued operations		801		(11,959	)		(5,590	)		(35,112	)
Gain on disposition of real estate, net of tax		57,105		8,701			74,287			7,240
Income (loss) from discontinued operations	$	57,906	$	(3,258	)	$	68,697		$	(27,872	)