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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2012
Discontinued Operations (Tables) [Abstract]  
Components of discontinued operations
 
Year Ended December 31,
 
2012
 
2011
 
2010
REVENUES
 

 
 

 
 

Rental income
$
69,619

 
$
202,128

 
$
388,480

Total revenues
69,619

 
202,128

 
388,480

 
 
 
 
 
 
EXPENSES (1)
 

 
 

 
 

Property and maintenance
19,575

 
76,727

 
143,158

Real estate taxes and insurance
6,055

 
17,061

 
34,148

Property management
211

 
266

 
230

Depreciation
20,910

 
51,037

 
91,934

General and administrative
77

 
54

 
42

Total expenses
46,828

 
145,145

 
269,512

 
 
 
 
 
 
Discontinued operating income
22,791

 
56,983

 
118,968

 
 
 
 
 
 
Interest and other income
155

 
196

 
848

Other expenses
(120
)
 
(265
)
 
(136
)
Interest (2):
 

 
 

 
 
Expense incurred, net
(1,381
)
 
(5,163
)
 
(17,628
)
Amortization of deferred financing costs
(65
)
 
(1,080
)
 
(830
)
Income and other tax (expense) benefit
(9
)
 
243

 
(87
)
 
 
 
 
 
 
Discontinued operations
21,371

 
50,914

 
101,135

Net gain on sales of discontinued operations
548,278

 
826,489

 
297,956

 
 
 
 
 
 
Discontinued operations, net
$
569,649

 
$
877,403

 
$
399,091


(1)
Includes expenses paid in the current period for properties sold or held for sale in prior periods related to the Company’s period of ownership.
(2)
Includes only interest expense specific to secured mortgage notes payable for properties sold and/or held for sale.