Interest and Other Investment Income (Loss), Net

12 Months Ended

Dec. 31, 2011

Interest and Other Investment (Loss) Income, net [Abstract]

Interest and Other Investment Income (Loss), Net

15. Interest and Other Investment Income (Loss), Net

The following table sets forth the details of our interest and other investment income (loss):

(Amounts in thousands)		For the Year Ended December 31,
		2011		2010		2009
Mezzanine loans loss reversal (accrual) and net gain on disposition		$	82,744	$	53,100	$	(190,738)
Dividends and interest on marketable securities			29,587		25,772		25,908
Interest on mezzanine loans			14,023		10,319		32,181
Income from the mark-to-market of J.C. Penney derivative position			12,984		130,153		-
Mark-to-market of investments in our deferred compensation plan (1)			1,658		8,049		9,506
Impairment losses on marketable equity securities			-		-		(3,361)
Other, net			7,830		7,922		10,154
		$	148,826	$	235,315	$	(116,350)
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(1)	This income is entirely offset by the expense resulting from the mark-to-market of the deferred compensation plan liability, which is included in "general and administrative" expense.