Business Segments (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Business Segments

(Dollars in thousands)	Shopping Centers			Mixed-Use Properties			Corporate and Other			Consolidated Totals
Three months ended March 31, 2016
Real estate rental operations:
Revenue	$	43,446		$	13,467		$	13		$	56,926
Expenses	(10,154		)	(4,207		)	—			(14,361		)
Income from real estate	33,292			9,260			13			42,565
Interest expense and amortization of deferred debt costs	—			—			(11,089		)	(11,089		)
General and administrative	—			—			(4,060		)	(4,060		)
Subtotal	33,292			9,260			(15,136		)	27,416
Depreciation and amortization of deferred leasing costs	(7,868		)	(3,167		)	—			(11,035		)
Change in fair value of derivatives	—			—			(7		)	(7		)
Net income (loss)	$	25,424		$	6,093		$	(15,143	)	$	16,374
Capital investment	$	2,113		$	10,871		$	—		$	12,984
Total assets	$	920,351		$	363,993		$	17,291		$	1,301,635
Three months ended March 31, 2015
Real estate rental operations:
Revenue	$	39,364		$	12,711		$	13		$	52,088
Expenses	(9,536		)	(4,227		)	—			(13,763		)
Income from real estate	29,828			8,484			13			38,325
Interest expense and amortization of deferred debt costs	—			—			(11,406		)	(11,406		)
General and administrative	—			—			(3,771		)	(3,771		)
Acquisition related costs	(21		)	—			—			(21		)
Subtotal	29,807			8,484			(15,164		)	23,127
Depreciation and amortization of deferred leasing costs	(7,316		)	(3,124		)	—			(10,440		)
Change in fair value of derivatives	—			—			(6		)	(6		)
Net income (loss)	$	22,491		$	5,360		$	(15,170	)	$	12,681
Capital investment	$	2,946		$	7,678		$	—		$	10,624
Total assets	$	937,619		$	312,311		$	20,681		$	1,270,611