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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Income producing $ 3,168,445 $ 2,931,756
Less: accumulated depreciation (338,161) (294,023)
Income producing properties, net 2,830,284 2,637,733
Construction in progress and land held for development 148,094 111,844
Properties held for sale or properties sold 9,866 58,498
Properties, net 2,988,244 2,808,075
Cash and cash equivalents 26,654 10,963
Cash held in escrow and restricted cash 2,254 92,561
Accounts and other receivables, net 16,895 17,790
Investments in and advances to unconsolidated joint ventures 61,449 [1] 50,158 [1]
Mezzanine loans receivable, net 64,687 45,279
Goodwill 8,401 8,406
Other assets 238,250 189,339
TOTAL ASSETS (including $111,500 and $109,200 of consolidated variable interest entities, at September 30, 2012 and December 31, 2011, respectively) 3,406,834 [2] 3,222,571 [2]
LIABILITIES AND EQUITY    
Mortgage notes payable 446,472 470,687
Unsecured senior notes payable 681,136 691,136
Term loan 250,000   
Unsecured revolving credit facilities 62,000 138,000
Total notes payable, Gross 1,439,608 1,299,823
Unamortized premium on notes payable, net 6,582 8,181
Total notes payable 1,446,190 1,308,004
Other liabilities:    
Accounts payable and accrued expenses 57,585 50,514
Tenant security deposits 9,035 8,455
Deferred tax liability 14,962 14,709
Other liabilities 194,022 164,188
Liabilities associated with assets held for sale or sold    28,695
Total Liabilities (including $63,000 and $61,900 of consolidated variable interest entities at September 30, 2012 and December 31, 2011, respectively) 1,721,794 [2] 1,574,565 [2]
Redeemable noncontrolling interests 22,621 22,804
Commitments and contingencies      
Stockholders' Equity:    
Preferred stock, $0.01 par value - 10,000 shares authorized but unissued      
Common stock, $0.01 par value - 150,000 shares authorized, 116,819 and 112,599 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 1,168 1,126
Additional paid-in capital 1,679,131 1,587,874
Distributions in excess of earnings (217,324) (170,530)
Accumulated other comprehensive loss (8,489) (1,154)
Total stockholders' equity of Equity One, Inc. 1,454,486 1,417,316
Noncontrolling interests 207,933 207,886
Total equity 1,662,419 1,625,202
TOTAL LIABILITIES AND EQUITY $ 3,406,834 $ 3,222,571
[1] With the exception of the Madison 2260 Realty LLC and Madison 1235 Realty LLC joint ventures, which are accounted for under the cost method, all unconsolidated joint ventures are accounted for under the equity method.
[2] The assets of these entities can only be used to settle obligations of the variable interest entities and the liabilities include third party liabilities of the variable interest entities for which the creditors or beneficial interest holders do not have recourse against us other than for customary environmental indemnifications and non-recourse carve-outs.