Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS (Tables)

v3.24.0.1
DISCONTINUED OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Income (loss) from Discontinued Operations and Related Realized and Unrealized Gains (Losses)
The following table summarizes income (loss) from discontinued operations and the related realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net, for the years ended December 31, 2023, 2022 and 2021 (dollars in thousands):
Year Ended December 31,
2023 2022 2021
Total Revenues $ 21,085  $ 127,541 $ 163,284
Operating and other (expenses) income, net (12,437) (63,157) (83,557)
Property impairments —  (94,811) (13,467)
Depreciation and amortization (5,486) (26,974) (44,086)
Loss from extinguishment of debt, net (12) (7,303) — 
Income (Loss) from discontinued operations 3,150  (64,704) 22,174 
Gain on disposition of developable land 39,271  —  — 
Gain on sale of unconsolidated joint venture interests —  7,677 —
Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net 2,411  61,676 25,552
Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net 41,682  69,353  25,552 
Total discontinued operations, net $ 44,832  $ 4,649  $ 47,726