Real Estate and Other Assets Held For Sale and Discontinued Operations

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Real Estate and Other Assets Held For Sale and Discontinued Operations

Real Estate and Other Assets Held For Sale and Discontinued Operations

The following table sets forth the major classes of assets of our real estate and other assets, net, held for sale:

	June 30, 2014			December 31, 2013
Assets:
Land	$	11,488		$	—
Buildings and tenant improvements	81,936			—
Land held for development	2,597			—
Less-accumulated depreciation	(34,281		)	—
Net real estate assets	61,740			—
Accrued straight-line rents receivable, net	3,873			—
Deferred leasing costs, net	1,825			—
Prepaid expenses and other assets	721			—
Real estate and other assets, net, held for sale	$	68,159		$	—

The following table sets forth our operations that were classified as discontinued operations prior to the adoption of the accounting standard update discussed in Note 1:

	Three Months Ended June 30,					Six Months Ended June 30,
	2014		2013			2014		2013
Rental and other revenues	$	—	$	6,262		$	—	$	13,260
Operating expenses:
Rental property and other expenses	—		2,416			—		4,866
Depreciation and amortization	—		1,851			—		4,055
Total operating expenses	—		4,267			—		8,921
Income from discontinued operations	—		1,995			—		4,339
Impairments of real estate assets	—		(1,066		)	—		(2,194		)
Net gains on disposition of discontinued operations	—		13,163			384		14,407
Total discontinued operations	$	—	$	14,092		$	384	$	16,552

As of June 30, 2014, real estate and other assets, net, held for sale consisted of 11 office properties in Richmond, VA and five office properties and a land parcel in Raleigh, NC. None of these properties were classified as discontinued operations during the six months endedJune 30, 2014. As of December 31, 2013, there were no real estate and other assets, net, held for sale.