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)
 9 Months Ended
Sep. 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 September 30,
 
For the Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
Revenue from real estate operations
$
6,403

 
$
17,151

 
$
33,849

 
$
51,363

Property operating expenses
(2,217
)
 
(6,325
)
 
(12,223
)
 
(19,684
)
Depreciation and amortization
(1,926
)
 
(4,763
)
 
(8,457
)
 
(16,896
)
Impairment losses
(9,733
)
 
—

 
(23,510
)
 
(29,364
)
Business development and land carry costs
—

 
(17
)
 
(24
)
 
(56
)
Interest expense
(127
)
 
(1,453
)
 
(2,107
)
 
(4,526
)
Gain on sales of real estate
16,913

 
1,299

 
20,948

 
1,438

Gain (loss) on early extinguishment of debt
1,738

 
(384
)
 
1,736

 
(384
)
Discontinued operations
$
11,051

 
$
5,508

 
$
10,212

 
$
(18,109
)
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):
 
 
September 30, 2012
 
December 31, 2011
Properties, net
$
126,789

 
$
108,356

Deferred rent receivable
3,733

 
2,800

Intangible assets on real estate acquisitions, net
4,417

 
1,737

Deferred leasing and financing costs, net
2,781

 
3,723

Lease incentives
95

 
—

Assets held for sale
$
137,815

 
$
116,616