Interest and Other Investment (Loss) Income, Net

6 Months Ended

Jun. 30, 2012

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

Interest and Other Investment Income, Net

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

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

		For the Three Months				For the Six Months
(Amounts in thousands)		Ended June 30,				Ended June 30,
		2012		2011		2012		2011
(Loss) income from the mark-to-market of J.C. Penney derivative position		$	(58,732)	$	(6,762)	$	(57,687)	$	10,401
Dividends and interest on marketable securities			4,846		7,669		11,093		15,336
Interest on mezzanine loans			3,165		3,083		6,015		5,727
Mark-to-market of investments in our deferred compensation plan (1)			24		1,793		4,151		6,745
Mezzanine loans loss reversal and net gain on disposition			-		-		-		82,744
Other, net			1,525		2,215		2,921		4,144
		$	(49,172)	$	7,998	$	(33,507)	$	125,097
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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.