Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations and Assets Held for Sale (Tables)

v2.4.0.6
Discontinued Operations and Assets Held for Sale (Tables)
 6 Months Ended
Jun. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Components of discontinued operations
The table below sets forth the components of discontinued operations reported on our consolidated statements of operations (in thousands):
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Revenue from real estate operations
$
7,577

 
$
11,787

 
$
16,805

 
$
23,710

Property operating expenses
(2,775
)
 
(4,223
)
 
(6,245
)
 
(9,840
)
Depreciation and amortization
(1,813
)
 
(3,878
)
 
(3,581
)
 
(8,825
)
Impairment losses
(2,354
)
 
(24,422
)
 
(11,244
)
 
(24,422
)
Business development and land carry costs
(6
)
 
(20
)
 
(24
)
 
(39
)
Interest expense
(228
)
 
(1,235
)
 
(983
)
 
(2,495
)
Gain on sales of real estate
(103
)
 
139

 
4,035

 
139

Loss on early extinguishment of debt
(2
)
 
—

 
(2
)
 
—

Discontinued operations
$
296

 
$
(21,852
)
 
$
(1,239
)
 
$
(21,772
)
Components of assets held for sale
The table below sets forth the components of assets held for sale on our consolidated balance sheets (in thousands):
 
 
June 30, 2012
 
December 31, 2011
Properties, net
$
133,660

 
$
108,356

Deferred rent receivable
5,306

 
2,800

Intangible assets on real estate acquisitions, net
2,246

 
1,737

Deferred leasing costs, net
2,643

 
3,723

Lease incentives
537

 
—

Assets held for sale
$
144,392

 
$
116,616