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Individually Significant Dispositions (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31, 2016 and 2015 (amounts in thousands):

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

REVENUES

 

 

 

 

 

 

 

 

Rental income

 

$

30,785

 

 

$

427,433

 

Total revenues

 

 

30,785

 

 

 

427,433

 

EXPENSES

 

 

 

 

 

 

 

 

Property and maintenance

 

 

7,838

 

 

 

78,189

 

Real estate taxes and insurance

 

 

2,912

 

 

 

48,403

 

Property management

 

 

2

 

 

 

11

 

General and administrative

 

 

23

 

 

 

38

 

Depreciation

 

 

 

 

 

87,616

 

Total expenses

 

 

10,775

 

 

 

214,257

 

Operating income

 

 

20,010

 

 

 

213,176

 

Interest and other income

 

 

21

 

 

 

1

 

Other expenses

 

 

 

 

 

(35

)

Interest:

 

 

 

 

 

 

 

 

Expense incurred, net

 

 

(380

)

 

 

(680

)

Amortization of deferred financing costs

 

 

(707

)

 

 

(559

)

Income and other tax (expense) benefit

 

 

(1

)

 

 

(1

)

Net gain (loss) on sales of real estate properties

 

 

3,161,097

 

 

 

 

Income from operations attributable to controlling

   interests – Operating Partnership

 

 

3,180,040

 

 

 

211,902

 

Income from operations attributable to Noncontrolling

   Interests – Operating Partnership

 

 

(122,152

)

 

 

(8,083

)

Income from operations attributable to controlling

   interests – Company

 

$

3,057,888

 

 

$

203,819