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Discontinued Operations
 6 Months Ended
Jun. 30, 2013
Discontinued Operations [Abstract]  
Discontinued Operations
(10)  Discontinued Operations

The Company classifies real estate as "held for sale" when the sale is considered to be probable.  The Company had no communities sold or held for sale for the six months ended June 30, 2013.

During the first quarter of 2012, the Company sold Tierra Del Sol/Norte, a 156 unit community located in San Diego, California for $17.2 million for a gain of $7.0 million.  Also in the first quarter of 2012, the Company sold Alpine Country, a 108 unit community located in San Diego metropolitan area, for $11.1 million for a gain of $3.9 million.

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
June 30,
  
Six Months Ended
June 30,
 
 
 
2013
  
2012
  
2013
  
2012
 
 
 
  
  
  
 
Rental revenues
 
$
-
  
$
-
  
$
-
  
$
608
 
Property operating expenses
  
-
   
-
   
-
   
(260
)
Depreciation and amortization
  
-
   
-
   
-
   
(94
)
Income from real estate sold
  
-
   
-
   
-
   
254
 
Gain on sale
  
-
   
-
   
-
   
10,870
 
Internal dispositon costs and taxes
  
-
   
-
   
-
   
(1,087
)
 
                
Income from discontinued operations
 
$
-
  
$
-
  
$
-
  
$
10,037