XML 70 R52.htm IDEA: XBRL DOCUMENT v3.7.0.1
Investments in Partially Owned Entities (Urban Edge Properties and PREIT Associates L.P.) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Mar. 31, 2017
Urban Edge Properties          
Schedule Of Equity Method Investments          
Ownership common shares, investee (in shares) 5,717,184   5,717,184    
Equity method ownership percentage 4.80%   4.80%   5.40%
Closing share price (in dollars per share) $ 23.73   $ 23.73    
Equity Method Investment fair Value $ 135,669   $ 135,669    
Excess of investee's fair value over carrying amount $ 93,777   $ 93,777    
Average per unit carrying amount $ 4.55   $ 4.55    
Average issuance price per unit $ 26.07   $ 26.07    
Operating partnership units issued     14,000,000    
Net gain resulting from operating partnership unit issuances $ 15,900 $ 0 $ 15,900 $ 0  
PREIT          
Schedule Of Equity Method Investments          
Ownership common shares, investee (in shares) 6,250,000   6,250,000    
Equity method ownership percentage 8.00%   8.00%    
Closing share price (in dollars per share) $ 11.32   $ 11.32    
Equity Method Investment fair Value $ 70,750   $ 70,750    
Excess of investee's carrying amount over fair value 46,854   46,854    
Excess of investee's carrying amount over equity in net assets $ 84,087   $ 84,087