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General and
administrative 4,589 5,283 16,428 15,990
Total expenses 49,885 40,816 136,246 125,868
Income from
operations 30,926 24,016 82,694 76,192
Equity in net loss
of unconsolidated
partnerships (208) (261) (338) (694)
Interest income 110 239 370 809
Interest expense (13,035) (7,043) (28,600) (21,013)
Income from
continuing
operations
before minority
interests 17,793 16,951 54,126 55,294
Minority interests
in continuing
operations of
consolidated
partnerships (11) 51 (4) (61)
Minority interests in
continuing
operations of
operating
partnership (559) (545) (1,767) (1,821)
Income from
continuing
operations 17,223 16,457 52,355 53,412
Income from
discontinued
operations before
(loss)/gain on sale
of assets and
minority interests - - - 639
(Loss)/gain on sale
of real estate assets - (1) - 1,087
Minority interests
attributable to
discontinued
operations - - - (74)
(Loss)/income
from
discontinued
operations - (1) - 1,652
Net income 17,223 16,456 52,355 55,064
Preferred stock
dividends (4,241) (4,241) (12,
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