The composition of Real estate and other, net was as follows: | | | | | | | | | | | | | | | ($ in millions) | | 2014 | | 2013 | | 2012 | Gain on sale or redemption of non-operating assets, net: | | |
| | |
| | |
| Sale or Redemption of Simon Property Group, L.P. (SPG) REIT units | | $ | — |
| | $ | (24 | ) | | $ | (200 | ) | Sale of CBL & Associates Properties, Inc. (CBL) REIT shares | | — |
| | — |
| | (15 | ) | Sale of leveraged leases | | — |
| | — |
| | (28 | ) | Sale of investments in joint ventures | | — |
| | (85 | ) | | (151 | ) | Sale of non-operating assets | | (25 | ) | | (23 | ) | | (3 | ) | Net gain on sale or redemption of non-operating assets | | (25 | ) | | (132 | ) | | (397 | ) | Dividend income from REITs | | — |
| | (1 | ) | | (6 | ) | Investment income from home office land joint venture | | (53 | ) | | — |
| — |
| — |
| Investment income from joint ventures | | (1 | ) | | (6 | ) | | (11 | ) | Net gain from sale of operating assets | | (92 | ) | | (17 | ) | | — |
| Store impairments (Note 8) | | 30 |
| | 18 |
| | 26 |
| Intangible asset impairment (Note 8) | | — |
| | 9 |
| | — |
| Operating asset impairments | | — |
| | — |
| | 60 |
| Other | | (7 | ) | | (26 | ) | | 4 |
| Real estate and other (income)/expense, net | | $ | (148 | ) | | $ | (155 | ) | | $ | (324 | ) |
|