Business Segments (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Business Segments

(Dollars in thousands)	Shopping Centers			Mixed-Use Properties			Corporate and Other			Consolidated Totals
Three months ended March 31, 2017
Real estate rental operations:
Revenue	$	43,437		$	15,016		$	13		$	58,466
Expenses	(8,699		)	(4,886		)	—			(13,585		)
Income from real estate	34,738			10,130			13			44,881
Interest expense and amortization of deferred debt costs	—			—			(11,864		)	(11,864		)
General and administrative	—			—			(4,301		)	(4,301		)
Subtotal	34,738			10,130			(16,152		)	28,716
Depreciation and amortization of deferred leasing costs	(7,394		)	(3,948		)	—			(11,342		)
Net income (loss)	$	27,344		$	6,182		$	(16,152	)	$	17,374
Capital investment	$	82,343		$	5,006		$	—		$	87,349
Total assets	$	993,144		$	417,102		$	9,536		$	1,419,782
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