FORM 20-F/A Brookfield Property Partners L.P. - Brookfield Asset ...

Future amortization of these intangible assets and liabilities is anticipated to increase (decrease) net incomefor each of the next five years and thereafter, by the following:Years EndingDecember 312012 $ 9,9342013 9,4922014 8,9272015 (9,719)2016 10,050Thereafter (1,739)$26,9458. DISCONTINUED OPERATIONSThe transfer of the BREP Properties in redemption of the BREP Units was accounted for at fair value as anon-pro-rata distribution in accordance with ASC Sub-Topic 845-30-12, Nonmonetary Transactions,resulting in an adjustment to record the transferred properties at fair value of $101,032. The operatingresults of the BREP Properties are presented separately in discontinued operations in the consolidatedstatements of operations.Unaudited Unaudited AuditedStatement of Operations Information2011 2010 2009Total revenues $ 97,792 $170,031 $174,221Expenses:Operating and other 42,704 74,234 75,959Depreciation and amortization 33,182 60,499 64,003Total expenses 75,886 134,733 139,962Other income (expense):Interest expense (1,141) (1,735) (2,749)Fair value adjustment 101,032 - -Total other income (expense) 99,891 (1,735) (2,749)Income from unconsolidated real estate ventures 4,153 3,569 3,454Net income from discontinued operations $125,950 $ 37,132 $ 34,964F-88