XML 55 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Individually Significant Dispositions (Tables)
6 Months Ended
Jun. 30, 2017
Starwood Portfolio [Member] | Disposal Group, Not Discontinued Operations [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Schedule of Results of Operations Attributable to Starwood Transaction

As a result, the following table summarizes the results of operations attributable to the Starwood Transaction for the six months and quarter ended June 30, 2016 (amounts in thousands):

 

 

 

Six Months Ended

 

 

Quarter Ended

 

 

 

June 30, 2016

 

 

June 30, 2016

 

REVENUES

 

 

 

 

 

 

 

 

Rental income

 

$

30,421

 

 

$

304

 

Total revenues

 

 

30,421

 

 

 

304

 

EXPENSES

 

 

 

 

 

 

 

 

Property and maintenance

 

 

7,923

 

 

 

33

 

Real estate taxes and insurance

 

 

2,932

 

 

 

60

 

Property management

 

 

2

 

 

 

 

General and administrative

 

 

15

 

 

 

14

 

Total expenses

 

 

10,872

 

 

 

107

 

Operating income

 

 

19,549

 

 

 

197

 

Interest and other income

 

 

11

 

 

 

9

 

Interest:

 

 

 

 

 

 

 

 

Expense incurred, net

 

 

(374

)

 

 

(46

)

Amortization of deferred financing costs

 

 

(707

)

 

 

 

Income and other tax (expense) benefit

 

 

(1

)

 

 

(1

)

Net gain (loss) on sales of real estate properties

 

 

3,161,200

 

 

 

(21

)

Income from operations attributable to controlling

   interests – Operating Partnership

 

 

3,179,678

 

 

 

138

 

Income from operations attributable to Noncontrolling

   Interests – Operating Partnership

 

 

(122,138

)

 

 

(6

)

Income from operations attributable to controlling

   interests – Company

 

$

3,057,540

 

 

$

132