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Individually Significant Dispositions (Tables)
9 Months Ended
Sep. 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 nine months and quarter ended September 30, 2016 (amounts in thousands):

 

 

 

Nine Months Ended

 

 

Quarter Ended

 

 

 

September 30, 2016

 

 

September 30, 2016

 

REVENUES

 

 

 

 

 

 

 

 

Rental income

 

$

30,660

 

 

$

239

 

Total revenues

 

 

30,660

 

 

 

239

 

EXPENSES

 

 

 

 

 

 

 

 

Property and maintenance

 

 

7,839

 

 

 

(84

)

Real estate taxes and insurance

 

 

2,933

 

 

 

1

 

Property management

 

 

2

 

 

 

 

General and administrative

 

 

19

 

 

 

4

 

Total expenses

 

 

10,793

 

 

 

(79

)

Operating income

 

 

19,867

 

 

 

318

 

Interest and other income

 

 

21

 

 

 

10

 

Interest:

 

 

 

 

 

 

 

 

Expense incurred, net

 

 

(380

)

 

 

(6

)

Amortization of deferred financing costs

 

 

(707

)

 

 

 

Income and other tax (expense) benefit

 

 

(1

)

 

 

 

Net gain (loss) on sales of real estate properties

 

 

3,161,097

 

 

 

(103

)

Income from operations attributable to controlling

   interests – Operating Partnership

 

 

3,179,897

 

 

 

219

 

Income from operations attributable to Noncontrolling

   Interests – Operating Partnership

 

 

(122,146

)

 

 

(8

)

Income from operations attributable to controlling

   interests – Company

 

$

3,057,751

 

 

$

211