Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS (Tables)

v3.22.2
DISCONTINUED OPERATIONS (Tables)
 6 Months Ended
Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Summary Of Income From Discontinued Operations And Related Realized And Unrealized Gains (Losses) (Details)
The following table summarizes income from discontinued operations and the related realized gains (losses) and unrealized losses on disposition of rental property and impairments, net, for the three and six months ended June 30, 2022 and 2021 (dollars in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Total revenues $ 1,546 $ 7,405 $ 3,012 $ 30,602
Operating and other expenses (407) (2,879) (732) (11,945)
Depreciation and amortization (296) (648) (692) (1,702)
Interest expense —  (277) —  (1,570)
Income from discontinued operations 843 3,601 1,588 15,385
Unrealized gains (losses) on disposition of rental property (a) (4,440) (951) (4,440) 69
Realized gains (losses) on disposition of rental property — 3,031 — 24,792
Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net (4,440) 2,080 (4,440) 24,861
Total discontinued operations, net $ (3,597) $ 5,681 $ (2,852) $ 40,246
(a)Represents valuation allowances and impairment charges on properties classified as discontinued operations.