Real Estate Disposition Activities (Tables)

9 Months Ended

Sep. 30, 2013

Summary of income from discontinued operations

The following is a summary of income from discontinued operations for the periods presented (dollars in thousands):

	For the three months ended						For the nine months ended
	(unaudited)						(unaudited)
	9-30-13			9-30-12			9-30-13			9-30-12

Rental income	$	7,176		$	10,583		$	25,321		$	38,156
Operating and other expenses	(2,229		)	(2,995		)	(7,521		)	(11,718		)
Interest expense, net	—			—			—			(133		)
Loss on extinguishment of debt	—			—			—			(602		)
Depreciation expense	(1,726		)	(3,248		)	(10,727		)	(10,641		)
Income from discontinued operations	$	3,221		$	4,340		$	7,073		$	15,062

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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