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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
INVESTMENTS IN REAL ESTATE, at cost:    
Operating properties $ 3,465,804 $ 3,395,681
Construction in progress 74,673 68,619
Land held for development 12,649 13,240
Total investments in real estate 3,553,126 3,477,540
Accumulated depreciation (971,715) (907,928)
Net investments in real estate 2,581,411 2,569,612
INVESTMENTS IN PARTNERSHIPS, at equity: 15,193 14,855
OTHER ASSETS:    
Cash and cash equivalents 17,525 33,990
Tenant and other receivables (net of allowance for doubtful accounts of $13,955 and $14,042 at June 30, 2013 and December 31, 2012, respectively) 32,482 38,473
Intangible assets (net of accumulated amortization of $14,403 and $14,940 at June 30, 2013 and December 31, 2012, respectively) 10,789 8,673
Deferred costs and other assets 92,643 97,399
Assets held for sale 29,956 114,622
Total assets 2,779,999 2,877,624
LIABILITIES:    
Mortgage loans payable 1,619,155 1,718,052
Term Loan    182,000
Revolving Facility 35,000   
Tenants’ deposits and deferred rent 9,997 14,862
Distributions in excess of partnership investments 64,000 64,874
Fair value of derivative instruments 3,056 9,742
Liabilities on assets held for sale 50,275 102,417
Accrued expenses and other liabilities 64,884 72,448
Total liabilities 1,846,367 2,164,395
COMMITMENTS AND CONTINGENCIES (Note 6):      
EQUITY:    
Shares of beneficial interest, $1.00 par value per share; 200,000 shares authorized; issued and outstanding 68,146 shares at June 30, 2013 and 56,331 shares at December 31, 2012 68,146 56,331
Capital contributed in excess of par 1,461,487 1,247,730
Accumulated other comprehensive loss (9,419) (20,867)
Distributions in excess of net income (622,853) (608,634)
Total equity—Pennsylvania Real Estate Investment Trust 897,442 674,641
Noncontrolling interest 36,190 38,588
Total equity 933,632 713,229
Total liabilities and equity 2,779,999 2,877,624
Series A Preferred Shares [Member]
   
EQUITY:    
Preferred Shares 46 46
Series B Preferred Shares [Member]
   
EQUITY:    
Preferred Shares $ 35 $ 35