Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS (Tables)

v3.3.0.814
DISCONTINUED OPERATIONS (Tables)
9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of results of operations from discontinued operations
Results from discontinued operations were as follows:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2015
 
2014
 
2015
 
2014
Interest income
$

 
$

 
$

 
$

Interest expense

 
14,138

 

 
43,525

Net interest income (loss)

 
(14,138
)
 

 
(43,525
)
 
 
 
 
 
 
 
 
Media income

 

 

 
68,213

Rental income
7

 
61,355

 
556

 
168,838

Care and ancillary income

 
6,428

 

 
17,555

Gain on settlement of investments

 

 
318

 

Other income

 
1,481

 

 
1,457

Total media, rental and other income
7

 
69,264

 
874

 
256,063

 
 
 
 
 
 
 
 
Media operating expenses

 

 

 
65,826

Property operating expenses

 
29,288

 
187

 
81,696

General and administrative expenses (A)

 
5,416

 
30

 
17,888

Depreciation and amortization

 
28,712

 
11

 
79,445

Income tax expense

 
334

 

 
110

Total expenses

 
63,750

 
228

 
244,965

 
 
 
 
 
 
 
 
Income (loss) from discontinued operations
$
7

 
$
(8,624
)
 
$
646

 
$
(32,427
)
 
 
 
 
 
 
 
 
Net income attributable to noncontrolling interests
$

 
$

 
$

 
$
522

(A)
Includes acquisition and spin-off related expenses of $4.0 million and $14.7 million for the three and nine months ended September 30, 2014.
Results from discontinued operations were as follows:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2015
 
2014
 
2015
 
2014
Interest income
$

 
$

 
$

 
$

Interest expense

 
14,138

 

 
43,525

Net interest income (loss)

 
(14,138
)
 

 
(43,525
)
 
 
 
 
 
 
 
 
Media income

 

 

 
68,213

Rental income
7

 
61,355

 
556

 
168,838

Care and ancillary income

 
6,428

 

 
17,555

Gain on settlement of investments

 

 
318

 

Other income

 
1,481

 

 
1,457

Total media, rental and other income
7

 
69,264

 
874

 
256,063

 
 
 
 
 
 
 
 
Media operating expenses

 

 

 
65,826

Property operating expenses

 
29,288

 
187

 
81,696

General and administrative expenses (A)

 
5,416

 
30

 
17,888

Depreciation and amortization

 
28,712

 
11

 
79,445

Income tax expense

 
334

 

 
110

Total expenses

 
63,750

 
228

 
244,965

 
 
 
 
 
 
 
 
Income (loss) from discontinued operations
$
7

 
$
(8,624
)
 
$
646

 
$
(32,427
)
 
 
 
 
 
 
 
 
Net income attributable to noncontrolling interests
$

 
$

 
$

 
$
522

(A)
Includes acquisition and spin-off related expenses of $4.0 million and $14.7 million for the three and nine months ended September 30, 2014.