Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Components from Discontinued Operations

The components of discontinued operations are outlined below and include the results of operations for the respective periods that the Company owned such assets, as described above (dollars in thousands).

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2012		2011			2012			2011

Rental revenues	$	-	$	892		$	608		$	3,240
Property operating expenses		-		(435	)		(260	)		(1,459	)
Depreciation and amortization		-		(256	)		(94	)		(892	)
Income from real estate sold		-		201			254			889
Gain on sale		-		-			10,870			5,854
Internal dispositon costs and taxes		-		(880	)		(1,087	)		(1,470	)
Income (loss) from discontinued operations	$	-	$	(679	)	$	10,037		$	5,273

- 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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