Quarterly report pursuant to Section 13 or 15(d)

Real Estate Held for Sale (Tables)

v2.4.1.9
Real Estate Held for Sale (Tables)
3 Months Ended
Mar. 31, 2015
Real Estate [Abstract]  
Components of Income from Real Estate and Related Assets Held for Sale

The table below summarizes the components of income from real estate and related assets held for sale:

 

     For the three months ended March 31,  
     2015      2014  

Operating revenue

   $ 83       $ 77   

Operating expense

     14         23   

Other expense

     39         40   
  

 

 

    

 

 

 

Income from real estate and related assets held for sale

$ 30    $ 14   
  

 

 

    

 

 

 
Components of Assets and Liabilities Held for Sale

The table below summarizes the components of the assets and liabilities held for sale reflected on the accompanying condensed consolidated balance sheet:

 

     March 31, 2015  

ASSETS HELD FOR SALE

  

Real estate, at cost

   $ 2,795   

Less: accumulated depreciation

     (615
  

 

 

 

Total real estate held for sale, net

  2,180   
  

 

 

 

Lease intangibles, net

  17   

Funds held in escrow

  739   

Deferred rent receivable, net

  32   

Deferred financing costs, net

  9   

Other assets

  3   
  

 

 

 

TOTAL ASSETS HELD FOR SALE

$ 2,980   
  

 

 

 

LIABILITIES HELD FOR SALE

Mortgage notes payable

  2,503   

Other liabilities

  84   
  

 

 

 

TOTAL LIABILITIES HELD FOR SALE

$ 2,587