Business Segments (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Business Segments

(Dollars in thousands)	Shopping Centers			Mixed-Use Properties			Corporate and Other			Consolidated Totals
Three months ended March 31, 2014
Real estate rental operations:
Revenue	$	39,819		$	13,113		$	15		$	52,947
Expenses	(9,490		)	(3,751		)	—			(13,241		)
Income from real estate	30,329			9,362			15			39,706
Interest expense and amortization of deferred debt costs	—			—			(11,467		)	(11,467		)
General and administrative	—			—			(4,680		)	(4,680		)
Acquisition related costs	(163		)	—			—			(163		)
Predevelopment expenses	—			(503		)	—			(503		)
Subtotal	30,166			8,859			(16,132		)	22,893
Depreciation and amortization of deferred leasing costs	(6,897		)	(3,283		)	—			(10,180		)
Change in fair value of derivatives	—			—			(2		)	(2		)
Net income (loss)	$	23,269		$	5,576		$	(16,134	)	$	12,711
Capital investment	$	10,732		$	3,156		$	—		$	13,888
Total assets	$	895,510		$	293,919		$	15,168		$	1,204,597
Three months ended March 31, 2013
Real estate rental operations:
Revenue	$	36,047		$	13,108		$	31		$	49,186
Expenses	(7,755		)	(4,221		)	—			(11,976		)
Income from real estate	28,292			8,887			31			37,210
Interest expense and amortization of deferred debt costs	—			—			(11,717		)	(11,717		)
Predevelopment expenses	—			(2,349		)	—			(2,349		)
General and administrative	—			—			(3,404		)	(3,404		)
Subtotal	28,292			6,538			(15,090		)	19,740
Depreciation and amortization of deferred leasing costs	(6,829		)	(9,523		)	—			(16,352		)
Change in fair value of derivatives	—			—			10			10
Net income (loss)	$	21,463		$	(2,985	)	$	(15,080	)	$	3,398
Capital investment	$	3,499		$	1,565		$	—		$	5,064
Total assets	$	889,782		$	295,008		$	9,542		$	1,194,332