Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS - Results of Operations from Discontinued Operations (Details 1)

v3.3.1.900
DISCONTINUED OPERATIONS - Results of Operations from Discontinued Operations (Details 1) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
General and administrative expense - acquisition and transaction expenses                 $ 1,123 $ 5,479  
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]                      
Net interest income $ 7,801 $ 8,295 $ 7,315 $ 10,351 $ 4,625 $ 9,133 $ 9,565 $ 24,282 33,762 47,605 $ 135,111
Operating Revenues                      
Total operating revenues 69,363 82,864 82,803 60,826 64,674 81,494 82,737 62,632 295,856 291,537 0
Other Income                      
Change in fair value of investments in excess mortgage servicing rights                 0 0 3,894
Earnings from investments in equity method investees                 1,311 954 677
Expenses                      
Property operating expenses $ 64,740 $ 76,826 $ 74,546 $ 60,990 $ 66,316 $ 77,167 $ 75,289 $ 65,603 277,102 284,375  
Management fee to affiliate - Note 13                 10,692 21,039 28,057
Income tax expense (benefit)                 0 (1,111) 2,100
Income (loss) from discontinued operations, net of tax                 646 (35,189) 11,547
Discontinued Operations                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
General and administrative expense - acquisition and transaction expenses                 0 15,800 13,300
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]                      
Interest income                 0 0 15,098
Interest expense                 0 (49,705) (12,372)
Net interest income                 0 (49,705) 2,726
Operating Revenues                      
Media income                 0 68,212 61,637
Rental income                 556 194,729 74,936
Care and ancillary income                 0 20,428 12,387
Total operating revenues                 556 283,369 148,960
Other Income                      
Other income (loss)                 0 1,444 (2,404)
Gain on settlement of investments                 318 0 0
Change in fair value of investments in excess mortgage servicing rights                 0 0 3,894
Change in fair value of investments in equity method investees                 0 0 4,924
Earnings from investments in equity method investees                 0 0 16,117
Total other income                 318 1,444 22,531
Expenses                      
Property operating expenses                 187 152,896 53,733
Media operating expenses                 0 0 49,092
General and administrative expense                 30 20,096 21,742
Depreciation and amortization                 11 90,627 30,969
Management fee to affiliate - Note 13                 0 7,789 5,034
Income tax expense (benefit)                 0 (1,111) 2,100
Total expenses                 228 270,297 162,670
Income (loss) from discontinued operations, net of tax                 $ 646 $ (35,189) $ 11,547