XML 35 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
UNCONSOLIDATED REAL ESTATE AFFILIATES (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Minimum rents $ 403,415 $ 377,684
Tenant recoveries 187,711 174,874
Overage rents 11,479 13,086
Management and other fees 15,931 16,171
Other 19,267 14,798
Total revenues 637,803 596,613
Expenses:    
Real estate taxes 69,272 55,699
Property maintenance costs 23,830 20,531
Marketing 6,519 6,738
Other property operating costs 89,303 86,719
Provision for doubtful accounts 1,797 2,171
Property management and other costs 40,355 41,540
General and administrative 10,933 10,510
Depreciation and amortization 195,433 206,789
Total expenses 437,442 430,697
Operating income 200,361 165,916
Interest income 721 661
Interest expense (195,383) (210,760)
Provision for income taxes (141) (1,396)
Loss from continuing operations (27,665) (182,739)
Discontinued operations 18,927 (11,509)
Allocation to noncontrolling interests (2,788) (3,367)
Net loss attributable to common stockholders (13,651) (197,615)
Equity In Income of Unconsolidated Real Estate Affiliates:    
Net income attributable to the venture (13,651) (197,615)
Equity in income of Unconsolidated Real Estate Affiliates 13,194 5,952
Regional Malls | United States
   
Equity In Income of Unconsolidated Real Estate Affiliates:    
Number of real estate properties in portfolio 124  
Regional Malls | Brazil
   
Equity In Income of Unconsolidated Real Estate Affiliates:    
Number of real estate properties in portfolio 18  
Unconsolidated Real Estate Affiliates
   
Revenues:    
Minimum rents 199,518 194,234
Tenant recoveries 76,129 76,928
Overage rents 7,842 6,327
Management and other fees 4,916 4,858
Other 21,282 22,819
Total revenues 309,687 305,166
Expenses:    
Real estate taxes 25,515 24,285
Property maintenance costs 8,623 10,099
Marketing 3,141 3,386
Other property operating costs 43,438 46,886
Provision for doubtful accounts 1,533 687
Property management and other costs 12,438 12,690
General and administrative 10,267 10,596
Depreciation and amortization 73,185 72,137
Total expenses 178,140 180,766
Operating income 131,547 124,400
Interest income 3,763 2,224
Interest expense (88,865) (81,432)
Provision for income taxes (156) (219)
Equity in income of unconsolidated joint ventures 14,356 6,794
Loss from continuing operations 60,645 51,767
Discontinued operations   (927)
Allocation to noncontrolling interests 1,265 108
Net loss attributable to common stockholders 61,910 50,948
Equity In Income of Unconsolidated Real Estate Affiliates:    
Net income attributable to the venture 61,910 50,948
Joint venture partners' share of income (34,659) (31,157)
Amortization of capital or basis differences (14,057) (13,839)
Equity in income of Unconsolidated Real Estate Affiliates $ 13,194 $ 5,952
Unconsolidated Real Estate Affiliates | United States
   
Equity In Income of Unconsolidated Real Estate Affiliates:    
Number of joint ventures in which the entity holds interest 19  
Unconsolidated Real Estate Affiliates | Brazil
   
Equity In Income of Unconsolidated Real Estate Affiliates:    
Number of joint ventures in which the entity holds interest 2  
Unconsolidated Real Estate Affiliates | Regional Malls | United States
   
Equity In Income of Unconsolidated Real Estate Affiliates:    
Number of real estate properties in portfolio 31  
Unconsolidated Real Estate Affiliates | Regional Malls | Brazil
   
Equity In Income of Unconsolidated Real Estate Affiliates:    
Number of real estate properties in portfolio 18