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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities:      
Net income $ 740,000 $ 708,031 $ 128,450
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (including amortization of deferred financing costs) 580,990 556,312 559,053
Equity in income of partially owned entities including ToysRUs (120,310) (94,062) (72,390)
Distributions of income from partially owned entities 93,635 61,037 30,473
Net (gain) loss on extinguishment of debt (83,907) (97,728) 25,915
Mezzanine loans loss (reversal) accrual and net gain on disposition (82,744) (53,100) 190,738
Amortization of below-market leases, net (63,044) (66,202) (72,481)
Impairment losses, write-off of tenant buy-outs and litigation loss accrual 58,173 137,367 91,184
Net gain on sale of real estate (51,623) (2,506) (45,284)
Straight-lining of rental income (45,788) (76,926) (98,355)
Other non-cash adjustments 27,325 36,352 15,196
Recognition of disputed account receivable from Stop & Shop (23,521) 0 0
Net realized and unrealized gains on Real Estate Fund assets (17,386) 0 0
Net gain on disposition of wholly owned and partially owned assets (15,134) (81,432) (5,641)
Income from the mark-to-market of J.C. Penney derivative position (12,984) (130,153) 0
Interest received on repayment on mezzanine loan 0 40,467 0
Write Off Of Unamortized Costs From Voluntary Surrender Of Equity Awards 0 0 32,588
Changes in operating assets and liabilities:      
Real Estate Fund Investments (184,841) (144,423) 0
Accounts receivable, net 8,869 2,019 15,383
Prepaid assets (7,779) 6,321 (90,519)
Other assets (87,488) (66,736) (61,878)
Accounts payable and accrued expenses (28,699) 2,645 (3,606)
Other liabilities 18,755 33,803 (5,247)
Net cash provided by operating activities 702,499 771,086 633,579
Cash Flows from Investing Activities:      
Investments in partially owned entities (571,922) (165,170) (38,266)
Distributions of capital from partially owned entities 318,966 51,677 16,790
Proceeds from sales and repayments of mezzanine loans receivable and other 187,294 70,762 47,397
Additions to real estate (165,680) (144,794) (216,669)
Proceeds from sales of real estate and related investments 140,186 127,736 367,698
Restricted cash 126,380 138,586 111,788
Investments in mezzanine loans receivable and other (98,979) (85,336) 0
Development costs and construction in progress (93,066) (156,775) (465,205)
Acquisitions of real estate and other (90,858) (173,413) 0
Proceeds from sales of, and return of investment in, marketable securities 70,418 280,462 64,355
Return of J.C. Penney derivative collateral 56,350 0 0
Funding of collateral for J.C. Penney derivative (43,850) (12,500) 0
Proceeds from the repayment of loan to officer 13,123 0 0
Loans to Officer (13,123) 0 0
Purchases of marketable securities including J.C. Penney common shares and other 0 (491,596) (90,089)
Proceeds from maturing short-term investments 0 40,000 15,000
Purchases of short-term investments 0 0 (55,000)
Net cash provided by (used in) investing activities (164,761) (520,361) (242,201)
Cash Flows from Financing Activities:      
Repayments of borrowings (3,740,327) (1,564,143) (2,075,236)
Proceeds from borrowings 3,412,897 2,481,883 2,648,175
Distributions to Vornado (508,745) (474,299) (262,397)
Proceeds from the issuance of Series J preferred units 238,842 0 0
Contributions from noncontrolling interests in consolidated subsidiaries 204,185 103,831 2,180
Distributions to noncontrolling interests in consolidated subsidiaries (116,510) (53,842) (42,451)
Distributions to preferred unitholders (61,464) (55,669) (57,076)
Debt issuance and other costs (47,395) (14,980) (30,186)
Redemption of outstanding preferred units (28,000) (78,954) (24,330)
Proceeds received from exercise of Vornado stock options 25,507 26,993 1,750
Repurchase of Class A units related to stock compensation agreements and related tax withholdings (964) (25,660) (32,203)
Acquisition of convertible senior debentures and senior unsecured notes 0 (440,575) (2,221,204)
Proceeds from issuance of Class A units to Vornado 0 0 710,226
Net cash used in provided by financing activities (621,974) (95,415) (1,382,752)
Net (increase) decrease in cash and cash equivalents (84,236) 155,310 (991,374)
Cash and cash equivalents at beginning of period 690,789 535,479 1,526,853
Cash and cash equivalents at end of period 606,553 690,789 535,479
Supplemental Disclosure Of Cash Flow Information [Abstract]      
Cash payments for interest (net of amounts capitalized of $1,197, $864 and $17,256) 531,174 549,327 631,573
Cash payments for income taxes 26,187 23,960 21,775
Non-Cash Investing and Financing Activities:      
Adjustment to carry redeemable Class A units at redemption value 98,092 (191,826) (167,049)
Contribution of mezzanine loan receivable to joint venture 73,750 0 0
Write-off of fully depreciated assets (72,279) (63,007) (86,291)
Class A units issued upon redemption of redeemable Class A units at redemption value 64,830 126,764 90,955
Change in unrealized net gain on securities available-for-sale 46,177 46,447 6,147
Like-kind exchange of real estate (23,626) 0 0
Financing assumed in acquisitions 0 102,616 0
Distributions paid to Vornado in Class A units 0 0 285,596
Distributions paid to redeemable security holders paid in Class A units 0 0 23,876
Increase in assets and liabilities resulting from the consolidation of investments      
Real Estate, net 0 102,804 0
Notes and mortgages payable 0 57,563 0
Decrease in assets and liabilities resulting from the deconsolidation of discontinued operations and/or investments that were previously consolidated:      
Real Estate, Net (145,333) (401,857) 0
Notes and Mortgages Payable (232,502) (316,490) 0
Toys R Us [Member]
     
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in income of partially owned entities including ToysRUs (48,540) (71,624) (92,300)
All Equity Method Investees Excluding Toys [Member]
     
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in income of partially owned entities including ToysRUs $ (71,770) $ (22,438) $ 19,910