Condensed Consolidating Financial Information Condensed Consolidating Financial Information (Tables)

6 Months Ended

Jun. 30, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheet As of June 30, 2016	Equity One, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminating Entries			Consolidated
	(In thousands)
ASSETS
Properties, net	$	129,764	$	1,478,364	$	1,476,836	$	(77	)	$	3,084,887
Investment in affiliates	2,659,479		—		—		(2,659,479		)	—
Other assets	54,735		100,380		197,425		(30,957		)	321,583
TOTAL ASSETS	$	2,843,978	$	1,578,744	$	1,674,261	$	(2,690,513	)	$	3,406,470
LIABILITIES
Total notes payable	$	1,037,374	$	25,544	$	327,064	$	(30,534	)	$	1,359,448
Other liabilities	8,132		60,551		180,367		(500		)	248,550
TOTAL LIABILITIES	1,045,506		86,095		507,431		(31,034		)	1,607,998
EQUITY	1,798,472		1,492,649		1,166,830		(2,659,479		)	1,798,472
TOTAL LIABILITIES AND EQUITY	$	2,843,978	$	1,578,744	$	1,674,261	$	(2,690,513	)	$	3,406,470

Condensed Consolidating Balance Sheet As of December 31, 2015	Equity One, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminating Entries			Consolidated
	(In thousands)
ASSETS
Properties, net	$	137,695	$	1,495,211	$	1,435,613	$	(83	)	$	3,068,436
Investment in affiliates	2,899,538		—		—		(2,899,538		)	—
Other assets	229,368		91,902		803,076		(816,879		)	307,467
TOTAL ASSETS	$	3,266,601	$	1,587,113	$	2,238,689	$	(3,716,500	)	$	3,375,903
LIABILITIES
Total notes payable	$	1,683,262	$	42,903	$	401,157	$	(760,600	)	$	1,366,722
Other liabilities	19,333		62,995		213,064		(56,362		)	239,030
TOTAL LIABILITIES	1,702,595		105,898		614,221		(816,962		)	1,605,752
EQUITY	1,564,006		1,481,215		1,624,468		(2,899,538		)	1,770,151
TOTAL LIABILITIES AND EQUITY	$	3,266,601	$	1,587,113	$	2,238,689	$	(3,716,500	)	$	3,375,903

Condensed Income Statement [Table Text Block]

Condensed Consolidating Statement of Comprehensive Income for the three months ended June 30, 2016	Equity One, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminating Entries			Consolidated
	(In thousands)
Total revenue	$	5,809		$	48,025		$	38,697		$	—		$	92,531
Equity in subsidiaries' earnings	36,630			—			—			(36,630		)	—
Total costs and expenses	10,677			25,705			23,535			(227		)	59,690
INCOME BEFORE OTHER INCOME AND EXPENSE AND INCOME TAXES	31,762			22,320			15,162			(36,403		)	32,841
Other income and (expense)	(10,296		)	(314		)	(68		)	(250		)	(10,928		)
INCOME BEFORE INCOME TAXES	21,466			22,006			15,094			(36,653		)	21,913
Income tax provision of taxable REIT subsidiaries	—			(36		)	(295		)	—			(331		)
NET INCOME	21,466			21,970			14,799			(36,653		)	21,582
Other comprehensive loss	(616		)	—			(116		)	—			(732		)
COMPREHENSIVE INCOME ATTRIBUTABLE       TO EQUITY ONE, INC.	$	20,850		$	21,970		$	14,683		$	(36,653	)	$	20,850

Condensed Consolidating Statement of Comprehensive Income for the three months ended June 30, 2015	Equity One, Inc.			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminating Entries			Consolidated
	(In thousands)
Total revenue	$	5,726		$	46,408		$	38,601		$	—		$	90,735
Equity in subsidiaries' earnings	51,462			—			—			(51,462		)	—
Total costs and expenses	10,873			22,745			21,020			(265		)	54,373
INCOME BEFORE OTHER INCOME AND EXPENSE AND INCOME TAXES	46,315			23,663			17,581			(51,197		)	36,362
Other income and (expense)	(19,053		)	(31		)	12,720			(250		)	(6,614		)
INCOME BEFORE INCOME TAXES	27,262			23,632			30,301			(51,447		)	29,748
Income tax provision of taxable REIT subsidiaries	—			(13		)	(174		)	—			(187		)
NET INCOME	27,262			23,619			30,127			(51,447		)	29,561
Other comprehensive income	1,031			—			208			—			1,239
COMPREHENSIVE INCOME	28,293			23,619			30,335			(51,447		)	30,800
Comprehensive income attributable to noncontrolling interests	—			—			(2,507		)	—			(2,507		)
COMPREHENSIVE INCOME ATTRIBUTABLE       TO EQUITY ONE, INC.	$	28,293		$	23,619		$	27,828		$	(51,447	)	$	28,293

Condensed Consolidating Statement of Comprehensive Income for the six months ended June 30, 2016	Equity One, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminating Entries			Consolidated
	(In thousands)
Total revenue	$	12,180		$	95,547		$	79,281		$	—		$	187,008
Equity in subsidiaries' earnings	80,402			—			—			(80,402		)	—
Total costs and expenses	21,705			52,797			44,915			(489		)	118,928
INCOME BEFORE OTHER INCOME AND EXPENSE AND INCOME TAXES	70,877			42,750			34,366			(79,913		)	68,080
Other income and (expense)	(28,596		)	2,402			2,033			(500		)	(24,661		)
INCOME BEFORE INCOME TAXES	42,281			45,152			36,399			(80,413		)	43,419
Income tax provision of taxable REIT subsidiaries	—			(66		)	(705		)	—			(771		)
NET INCOME	42,281			45,086			35,694			(80,413		)	42,648
Other comprehensive loss	(7,430		)	—			(367		)	—			(7,797		)
COMPREHENSIVE INCOME ATTRIBUTABLE TO EQUITY ONE, INC.	$	34,851		$	45,086		$	35,327		$	(80,413	)	$	34,851

Condensed Consolidating Statement of Comprehensive Income for the six months ended June 30, 2015	Equity One, Inc.			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminating Entries			Consolidated
	(In thousands)
Total revenue	$	11,410		$	91,456		$	76,348		$	—		$	179,214
Equity in subsidiaries' earnings	93,921			—			—			(93,921		)	—
Total costs and expenses	21,143			44,906			41,801			(542		)	107,308
INCOME BEFORE OTHER INCOME AND EXPENSE AND INCOME TAXES	84,188			46,550			34,547			(93,379		)	71,906
Other income and (expense)	(49,070		)	(681		)	18,565			(500		)	(31,686		)
INCOME BEFORE INCOME TAXES	35,118			45,869			53,112			(93,879		)	40,220
Income tax benefit (provision) of taxable REIT subsidiaries	—			221			(372		)	—			(151		)
NET INCOME	35,118			46,090			52,740			(93,879		)	40,069
Other comprehensive (loss) income	(1,540		)	—			58			—			(1,482		)
COMPREHENSIVE INCOME	33,578			46,090			52,798			(93,879		)	38,587
Comprehensive income attributable to noncontrolling interests	—			—			(5,009		)	—			(5,009		)
COMPREHENSIVE INCOME ATTRIBUTABLE TO EQUITY ONE, INC.	$	33,578		$	46,090		$	47,789		$	(93,879	)	$	33,578

Schedule of Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2016	Equity One, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In thousands)
Net cash (used in) provided by operating activities	$	(36,348	)	$	69,801		$	59,299		$	92,752
INVESTING ACTIVITIES:
Acquisition of income producing property	—			—			(30,000		)	(30,000		)
Additions to income producing properties	(510		)	(3,232		)	(3,857		)	(7,599		)
Additions to construction in progress	(506		)	(19,447		)	(16,297		)	(36,250		)
Proceeds from sale of operating properties	7,191			9,289			—			16,480
Increase in deferred leasing costs and lease intangibles	(378		)	(2,383		)	(793		)	(3,554		)
Investment in joint ventures	(302		)	—			—			(302		)
Distributions from joint ventures	—			—			752			752
Repayments from subsidiaries, net	103,922			(36,898		)	(67,024		)	—
Net cash provided by (used in) investing activities	109,417			(52,671		)	(117,219		)	(60,473		)
FINANCING ACTIVITIES:
Repayments of mortgage notes payable	—			(17,130		)	(40,793		)	(57,923		)
Borrowings under mortgage notes payable	—			—			100,435			100,435
Net repayments under revolving credit facility	(45,000		)	—			—			(45,000		)
Borrowing under senior notes payable	100,000			—			—			100,000
Repayment of senior notes payable	(106,455		)	—			—			(106,455		)
Payment of deferred financing costs	(309		)	—			(1,722		)	(2,031		)
Proceeds from issuance of common stock	54,332			—			—			54,332
Repurchase of common stock	(511		)	—			—			(511		)
Stock issuance costs	(965		)	—			—			(965		)
Dividends paid to stockholders	(62,633		)	—			—			(62,633		)
Net cash (used in) provided by financing activities	(61,541		)	(17,130		)	57,920			(20,751		)
Net increase in cash and cash equivalents	11,528			—			—			11,528
Cash and cash equivalents at beginning of the period	21,353			—			—			21,353
Cash and cash equivalents at end of the period	$	32,881		$	—		$	—		$	32,881

Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2015	Equity One, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In thousands)
Net cash (used in) provided by operating activities	$	(50,829	)	$	65,322		$	70,493		$	84,986
INVESTING ACTIVITIES:
Additions to income producing properties	(1,367		)	(4,705		)	(3,532		)	(9,604		)
Acquisition of land	—			(750		)	—			(750		)
Additions to construction in progress	(4,755		)	(19,229		)	(11,079		)	(35,063		)
Proceeds from sale of operating properties	—			4,526			—			4,526
Increase in deferred leasing costs and lease intangibles	(546		)	(1,754		)	(1,243		)	(3,543		)
Investment in joint ventures	(253		)	—			(23,611		)	(23,864		)
Advances to joint ventures	—			—			(71		)	(71		)
Distributions from joint ventures	—			—			1,395			1,395
Collection of development costs tax credit	—			1,542			—			1,542
Repayments from subsidiaries, net	48,109			(43,800		)	(4,309		)	—
Net cash provided by (used in) investing activities	41,188			(64,170		)	(42,450		)	(65,432		)
FINANCING ACTIVITIES:
Repayments of mortgage notes payable	—			(1,152		)	(21,822		)	(22,974		)
Net borrowings under revolving credit facility	42,000			—			—			42,000
Repayment of senior notes payable	(110,122		)	—			—			(110,122		)
Payment of deferred financing costs	(10		)	—			—			(10		)
Proceeds from issuance of common stock	124,812			—			—			124,812
Repurchase of common stock	(269		)	—			—			(269		)
Stock issuance costs	(624		)	—			—			(624		)
Dividends paid to stockholders	(55,978		)	—			—			(55,978		)
Purchase of noncontrolling interests	—			—			(1,216		)	(1,216		)
Distributions to noncontrolling interests	—			—			(5,005		)	(5,005		)
Net cash used in financing activities	(191		)	(1,152		)	(28,043		)	(29,386		)
Net decrease in cash and cash equivalents	(9,832		)	—			—			(9,832		)
Cash and cash equivalents at beginning of the period	27,469			—			—			27,469
Cash and cash equivalents at end of the period	$	17,637		$	—		$	—		$	17,637