Acquisitions, Dispositions, Discontinued Operations and Assets Held for Sale Acquisitions, Dispositions, Discontinued Operations and Assets Held for Sale (Tables)

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Disclosure of Long Lived Assets Held-for-sale [Table Text Block]

The operating properties, retail center, and land discussed above were classified as held for sale in the condensed consolidated balance sheet at December 31, 2015, and were made up of the following:

(in thousands)	December 31, 2015
Land	$	59,438
Buildings and improvements	373,419
	$	432,857
Accumulated depreciation	(197,996		)
Net operating real estate assets	$	234,861
Properties under development, including land	4,202
Properties held for sale, including land	$	239,063
Other assets related to properties held for sale	1,191
Total assets held for sale	$	240,254
Liabilities related to assets held for sale	$	1,654

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following is a summary of income from discontinued operations for the three and six months ended June 30, 2016 and 2015 relating to the 15 operating properties and retail center sold in April 2016:

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2016			2015			2016			2015
Property revenues	$	4,357		$	14,219		19,184			28,045
Property expenses	(1,750		)	(5,039		)	(6,898		)	(9,922		)
	$	2,607		$	9,180		12,286			18,123
Property management expense	(66		)	(151		)	(242		)	(321		)
Depreciation and amortization	—			(3,973		)	(4,327		)	(7,877		)
Income tax expense	(12		)	—			(112		)	—
Income from discontinued operations	$	2,529		$	5,056		$	7,605		$	9,925