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Net Gain on Change in Control of Interests Net Gain on Change in Control of Interests (Tables)
 12 Months Ended
Dec. 31, 2014
Net Gain on Change in Control of Interests [Abstract]  
Schedule of Net Gains on Change in Control of Interests
The net gain on change in control of interests is comprised of the following:
 
 
Year Ended
11 Months Ended
Year Ended
 
 
December 31, 2014
December 31, 2013
January 31, 2013
 
 
(in thousands)
Bayside Village (Apartment Community)
San Francisco, California
$
191,199

$
—

$
—

Boulevard Mall (Regional Mall)
Amherst, New York
36,702

—

—

Other
2,759

2,762

8,351

 
 
$
230,660

$
2,762

$
8,351
Pro Forma Information of Business Acquisitions
The following unaudited supplemental pro forma operating data is presented for the year ended December 31, 2014 and the 11 months ended December 31, 2013, as if the gains on change in control related to Bayside Village and Boulevard Mall were effective February 1, 2013. The unaudited supplemental pro forma operating data is not necessarily indicative of what the actual results of operations of the Company would have been assuming the transactions had been effective as set forth above, nor do they purport to represent the Company’s results of operations for future periods. The qualitative and quantitative effect to the pro forma operating data related to the remaining gains on change in control of interests described in the table above was not material.
 
Year Ended December 31, 2014
Pro Forma Adjustments
Pro Forma Year Ended December 31, 2014
 
(in thousands, except per share data)
Pro forma revenues
$
966,052

$
40,721

$
1,006,773

Pro forma earnings (loss) from continuing operations
$
(34,032
)
$
13,638

$
(20,394
)
Pro forma net earnings (loss) attributable to common shareholders
$
(7,595
)
$
775

$
(6,820
)
 
 
 
 
Weighted average shares outstanding - Diluted
198,480,783

 
198,480,783

Diluted net loss attributable to common shareholders
$
(0.04
)
 
$
(0.03
)
 
11 Months Ended December 31, 2013
Pro Forma Adjustments
Pro Forma 11 Months Ended December 31, 2013
 
(in thousands, except per share data)
Pro forma revenues
$
998,272

$
39,819

$
1,038,091

Pro forma earnings (loss) from continuing operations
$
(50,591
)
$
9,963

$
(40,628
)
Pro forma net earnings (loss) attributable to common shareholders
$
(5,492
)
$
1,427

$
(4,065
)
 
 
 
 
Weighted average shares outstanding - Diluted
198,696,729

 
198,696,729

Diluted net loss attributable to common shareholders
$
(0.03
)
 
$
(0.02
)