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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Income producing properties, at cost:    
Land $ 285,072 $ 284,686
Buildings and improvements 1,337,422 1,340,531
Less accumulated depreciation and amortization (269,575) (253,292)
Income producing properties, net 1,352,919 1,371,925
Construction in progress and land available for development or sale 115,462 101,974
Net real estate 1,468,381 1,473,899
Equity investments in unconsolidated joint ventures 28,663 30,931
Cash and cash equivalents 33,085 5,795
Restricted cash 14,915 3,454
Accounts receivable (net of allowance for doubtful accounts of $2,217 and $2,351 as of June 30, 2014 and December 31, 2013, respectively) 10,716 9,648
Other assets, net 118,139 128,521
TOTAL ASSETS 1,673,899 1,652,248
Notes payable:    
Senior unsecured notes payable 420,000 365,000
Mortgages payable 301,029 333,049
Unsecured revolving credit facility 0 27,000
Junior subordinated notes 28,125 28,125
Total notes payable 749,154 753,174
Capital lease obligation 5,510 [1] 5,686 [1]
Accounts payable and accrued expenses 38,104 32,026
Other liabilities 46,631 48,593
Distributions payable 15,406 14,809
TOTAL LIABILITIES 854,805 854,288
Commitments and Contingencies      
Ramco-Gershenson Properties Trust (RPT) Shareholders' Equity:    
Preferred shares, $0.01 par, 2,000 shares authorized: 7.25% Series D Cumulative Convertible Perpetual Preferred Shares, (stated at liquidation preference $50 per share), 2,000 shares issued and outstanding as of June 30, 2014 and December 31, 2013 100,000 100,000
Common shares of beneficial interest, $0.01 par, 120,000 shares authorized, 69,937 and 66,669 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively 699 667
Additional paid-in capital 1,008,913 959,183
Accumulated distributions in excess of net income (315,668) (289,837)
Accumulated other comprehensive (loss) income (1,925) 84
TOTAL SHAREHOLDERS' EQUITY ATTRIBUTABLE TO RPT 792,019 770,097
Noncontrolling interest 27,075 27,863
TOTAL SHAREHOLDERS' EQUITY 819,094 797,960
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,673,899 $ 1,652,248
[1] 99 year ground lease expires 9/30/2103. However, an anchor tenant’s exercise of its option to purchase its parcel in October 2014 would require us to purchase the real estate that is subject to the ground lease.