The following table is a reconciliation of the major classes of assets and liabilities from discontinued operations included in real estate assets held for sale on the accompanying consolidated balance sheets (in thousands): | | | | | | | | | | September 30,
2015 | | December 31,
2014 | Assets | | | | Land and improvements | $ | 2,922 |
| | $ | 5,351 |
| Buildings and improvements | 2,916 |
| | 5,798 |
| Total real estate investments | 5,838 |
| | 11,149 |
| Less: accumulated depreciation | (1,202 | ) | | (2,167 | ) | Intangible lease assets, net | 297 |
| | 460 |
| Total assets | $ | 4,933 |
| | $ | 9,442 |
| | | | | Liabilities | | | | Intangible lease liabilities, net | $ | 448 |
| | $ | 448 |
| Total liabilities | $ | 448 |
| | $ | 448 |
| | | | | Net assets | $ | 4,485 |
| | $ | 8,994 |
|
The following sets forth the results of discontinued operations (dollars in thousands): | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | 2015 | | 2014 | | 2015 | | 2014 | Revenues: | | | | | | | | Rent | $ | 56 |
| | $ | 300 |
| | $ | 391 |
| | $ | 917 |
| Non-cash rent | — |
| | 27 |
| | — |
| | — |
| Other | 1 |
| | 3 |
| | 17 |
| | 2,953 |
| Total revenues | 57 |
| | 330 |
| | 408 |
| | 3,870 |
| Expenses: | | | | | | | | General and administrative | 1 |
| | 1 |
| | 3 |
| | 13 |
| Property costs | 97 |
| | 41 |
| | 281 |
| | 236 |
| Impairments | — |
| | — |
| | 34 |
| | — |
| Total expenses | 98 |
| | 42 |
| | 318 |
| | 249 |
| Income from discontinued operations | (41 | ) | | 288 |
| | 90 |
| | 3,621 |
| Gain on disposition of assets | — |
| | 403 |
| | 590 |
| | 488 |
| Total discontinued operations | $ | (41 | ) | | $ | 691 |
| | $ | 680 |
| | $ | 4,109 |
| Number of properties disposed of during period | — |
| | 1 |
| | 2 |
| | 6 |
|
|