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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Business Segments
(Dollars in thousands)
 Shopping
Centers
 
Mixed-Use
Properties
 
Corporate
and Other
 
Consolidated
Totals
Three months ended June 30, 2014
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
39,056

 
$
13,210

 
$
20

 
$
52,286

Expenses
(8,002
)
 
(3,827
)
 
—

 
(11,829
)
Income from real estate
31,054

 
9,383

 
20

 
40,457

Interest expense and amortization of deferred debt costs
—

 
—

 
(11,486
)
 
(11,486
)
General and administrative
—

 
—

 
(4,023
)
 
(4,023
)
Acquisition related costs
(216
)
 
—

 
—

 
(216
)
Predevelopment expenses
—

 
—

 
—

 
—

Subtotal
30,838

 
9,383

 
(15,489
)
 
24,732

Depreciation and amortization of deferred leasing costs
(6,911
)
 
(3,398
)
 
—

 
(10,309
)
Gain on sale of property
6,069

 
—

 
—

 
6,069

Change in fair value of derivatives
—

 
—

 
(5
)
 
(5
)
Net income (loss)
$
29,996

 
$
5,985

 
$
(15,494
)
 
$
20,487

Capital investment
$
13,592

 
$
4,865

 
$
—

 
$
18,457

Total assets
$
906,399

 
$
297,009

 
$
24,020

 
$
1,227,428

 
 
 
 
 
 
 
 
Three months ended June 30, 2013
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
35,749

 
$
13,047

 
$
13

 
$
48,809

Expenses
(7,222
)
 
(4,537
)
 
—

 
(11,759
)
Income from real estate
28,527

 
8,510

 
13

 
37,050

Interest expense and amortization of deferred debt costs
—

 
—

 
(11,709
)
 
(11,709
)
General and administrative
—

 
—

 
(3,925
)
 
(3,925
)
Predevelopment expenses
—

 
(1,233
)
 
—

 
(1,233
)
Subtotal
28,527

 
7,277

 
(15,621
)
 
20,183

Depreciation and amortization of deferred leasing costs
(6,913
)
 
(5,559
)
 
—

 
(12,472
)
Change in fair value of derivatives
—

 
—

 
51

 
51

Net income (loss)
$
21,614

 
$
1,718

 
$
(15,570
)
 
$
7,762

Capital investment
$
2,305

 
$
4,007

 
$
—

 
$
6,312

Total assets
$
885,816

 
$
292,048

 
$
13,746

 
$
1,191,610

 
 
 
 
 
 
 
 
(Dollars in thousands)
 Shopping
Centers
 
Mixed-Use
Properties
 
Corporate
and Other
 
Consolidated
Totals
Six months ended June 30, 2014
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
78,875

 
$
26,323

 
$
35

 
$
105,233

Expenses
(17,492
)
 
(7,578
)
 
—

 
(25,070
)
Income from real estate
61,383

 
18,745

 
35

 
80,163

Interest expense and amortization of deferred debt costs
—

 
—

 
(22,953
)
 
(22,953
)
General and administrative
—

 
—

 
(8,703
)
 
(8,703
)
Acquisition related costs
(379
)
 
—

 
—

 
(379
)
Predevelopment expenses
—

 
(503
)
 
—

 
(503
)
Subtotal
61,004

 
18,242

 
(31,621
)
 
47,625

Depreciation and amortization of deferred leasing costs
(13,808
)
 
(6,681
)
 
—

 
(20,489
)
Gain on sale of property
6,069

 
—

 
—

 
6,069

Change in fair value of derivatives
—

 
—

 
(7
)
 
(7
)
Net income (loss)
$
53,265

 
$
11,561

 
$
(31,628
)
 
$
33,198

Capital investment
$
24,324

 
$
8,021

 
$
—

 
$
32,345

Total assets
$
906,399

 
$
297,009

 
$
24,020

 
$
1,227,428

 
 
 
 
 
 
 
 
Six months ended June 30, 2013
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
71,796

 
$
26,155

 
$
44

 
$
97,995

Expenses
(14,977
)
 
(8,758
)
 
—

 
(23,735
)
Income from real estate
56,819

 
17,397

 
44

 
74,260

Interest expense and amortization of deferred debt costs
—

 
—

 
(23,426
)
 
(23,426
)
General and administrative
—

 
—

 
(7,329
)
 
(7,329
)
Predevelopment expenses
—

 
(3,582
)
 
—

 
(3,582
)
Subtotal
56,819

 
13,815

 
(30,711
)
 
39,923

Depreciation and amortization of deferred leasing costs
(13,742
)
 
(15,082
)
 
—

 
(28,824
)
Change in fair value of derivatives
—

 
—

 
61

 
61

Net income (loss)
$
43,077

 
$
(1,267
)
 
$
(30,650
)
 
$
11,160

Capital investment
$
5,804

 
$
5,572

 
$
—

 
$
11,376

Total assets
$
885,816

 
$
292,048

 
$
13,746

 
$
1,191,610