Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2011

Discontinued Operations [Abstract]

Components of discontinued operations

	Six Months Ended June 30,						Quarter Ended June 30,
	2011			2010			2011			2010
REVENUES
Rental income	$	70,787		$	126,365		$	24,065		$	64,577
Total revenues		70,787			126,365			24,065			64,577
EXPENSES (1)
Property and maintenance		40,690			51,349			17,950			26,071
Real estate taxes and insurance		3,859			10,149			989			4,943
Depreciation		9,749			24,712			2,480			12,245
General and administrative		47			19			36			14
Total expenses		54,345			86,229			21,455			43,273
Discontinued operating income		16,442			40,136			2,610			21,304
Interest and other income		97			632			92			626
Interest (2):
Expense incurred, net		204			(3,650	)		(77	)		(2,097	)
Amortization of deferred financing costs		(594	)		(221	)		(530	)		(19	)
Income and other tax (expense) benefit		(61	)		(52	)		(19	)		3
Discontinued operations		16,088			36,845			2,076			19,817
Net gain on sales of discontinued operations		682,236			60,253			558,482			217
Discontinued operations, net	$	698,324		$	97,098		$	560,558		$	20,034

(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.