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Share Options And Awards (Tables)
6 Months Ended
Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]  
Fair Value Of Market-Based Share Awards Assumption
The fair value of the market-based share awards was estimated on the date of grant using a Monte Carlo valuation model based on the following assumptions:

 
Six Months Ended
June 30, 2012
 
Minimum
 
Maximum
Dividend yield
0.0
%
 
4.4
%
Expected volatility
27.7
%
 
51.6
%
Expected life (in years)

 
3

Risk-free interest rate
0.1
%
 
0.4
%
Status Of Unvested Restricted Share Awards
A summary of the status of unvested restricted share awards for the six months ended June 30, 2012 is as follows:

 
Unvested
Restricted
Share
Awards
 
Weighted
Average 
Grant
Date Fair 
Value
Outstanding, January 1, 2012
407,328

 
$
20.43

Granted:
 
 
 
Service-based awards
129,813

 
24.91

Market-based awards relative to FTSE NAREIT U.S. Shopping Center
Index
57,650

 
26.45

Market-based awards relative to three-year absolute TSR
57,650

 
27.65

Vested
(116,135
)
 
20.19

Forfeited
(595
)
 
24.91

Outstanding, June 30, 2012
535,711

 
$
22.99