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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Information on Reportable Segments
Information on the Company’s reportable segments is presented as follows, restated for discontinued operations in all periods presented:

Three Months Ended
June 30, 2012
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (2)
 
Total
Revenues
 
$
228,381

 
$
10,536

 
$
4,023

 
$
12,658

 
$
255,598

Property operating expenses (1)
 
(73,585
)
 
(2,574
)
 
(1,298
)
 
3,720

 
(73,737
)
Interest expense
 
(54,933
)
 
(2,114
)
 
(631
)
 
(3,722
)
 
(61,400
)
Other expense
 
—

 
—

 
—

 
(6,559
)
 
(6,559
)
Gain on sales of real estate assets
 
2,543

 
—

 
—

 
—

 
2,543

Segment profit
 
$
102,406

 
$
5,848

 
$
2,094

 
$
6,097

 
116,445

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(68,126
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(11,993
)
Interest and other income
 
 

 
 

 
 

 
 

 
1,298

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
2,073

Income tax provision
 
 

 
 

 
 

 
 

 
(267
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
39,430

Capital expenditures (3)
 
$
98,694

 
$
1,940

 
$
3,042

 
$
14,880

 
$
118,556



Three Months Ended
June 30, 2011
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (2)
 
Total
Revenues
 
$
223,364

 
$
9,634

 
$
4,214

 
$
24,907

 
$
262,119

Property operating expenses (1)
 
(71,628
)
 
(2,457
)
 
(2,295
)
 
1,228

 
(75,152
)
Interest expense
 
(57,862
)
 
(2,346
)
 
(2,572
)
 
(8,134
)
 
(70,914
)
Other expense
 
—

 
—

 
—

 
(7,046
)
 
(7,046
)
Loss on sales of real estate assets
 
(9
)
 
(37
)
 
(51
)
 
—

 
(97
)
Segment profit (loss)
 
$
93,865

 
$
4,794

 
$
(704
)
 
$
10,955

 
108,910

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(71,839
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(11,241
)
Interest and other income
 
 

 
 

 
 

 
 

 
612

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
1,455

Income tax benefit
 
 

 
 

 
 

 
 

 
4,653

Income from continuing operations
 
 

 
 

 
 

 
 

 
$
32,550

Capital expenditures (3)
 
$
37,170

 
$
3,215

 
$
1,271

 
$
24,065

 
$
65,721


Six Months Ended
June 30, 2012
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (2)
 
Total
Revenues
 
$
451,011

 
$
20,841

 
$
8,416

 
$
26,002

 
$
506,270

Property operating expenses (1)
 
(148,188
)
 
(5,126
)
 
(3,831
)
 
9,045

 
(148,100
)
Interest expense
 
(107,561
)
 
(4,310
)
 
(1,324
)
 
(8,265
)
 
(121,460
)
Other expense
 
—

 
—

 
—

 
(13,317
)
 
(13,317
)
Gain (loss) on sales of real estate assets
 
3,036

 
—

 
97

 
(3
)
 
3,130

Segment profit
 
$
198,298

 
$
11,405

 
$
3,358

 
$
13,462

 
226,523

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(131,283
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(25,793
)
Interest and other income
 
 

 
 

 
 

 
 

 
2,373

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
3,339

Income tax provision
 
 

 
 

 
 

 
 

 
(39
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
75,120

Total assets
 
$
6,228,312

 
$
303,899

 
$
240,850

 
$
140,550

 
$
6,913,611

Capital expenditures (3)
 
$
121,272

 
$
3,480

 
$
10,706

 
$
18,586

 
$
154,044



Six Months Ended
June 30, 2011
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (2)
 
Total
Revenues
 
$
462,270

 
$
20,741

 
$
8,335

 
$
37,942

 
$
529,288

Property operating expenses (1)
 
(153,146
)
 
(5,430
)
 
(3,483
)
 
6,414

 
(155,645
)
Interest expense
 
(114,724
)
 
(4,257
)
 
(3,752
)
 
(16,394
)
 
(139,127
)
Other expense
 
—

 
—

 
—

 
(15,349
)
 
(15,349
)
Gain on sales of real estate assets
 
4

 
317

 
379

 
12

 
712

Segment profit
 
$
194,404

 
$
11,371

 
$
1,479

 
$
12,625

 
219,879

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(139,538
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(23,041
)
Interest and other income
 
 

 
 

 
 

 
 

 
1,157

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
581

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
3,233

Income tax benefit
 
 

 
 

 
 

 
 

 
6,423

Income from continuing operations
 
 

 
 

 
 

 
 

 
$
68,694

Total assets
 
$
6,438,327

 
$
323,470

 
$
65,036

 
$
618,764

 
$
7,445,597

Capital expenditures (3)
 
$
52,409

 
$
3,413

 
$
2,662

 
$
44,914

 
$
103,398


(1) Property operating expenses include property operating, real estate taxes and maintenance and repairs. 
(2) The All Other category includes mortgage and other notes receivable, office buildings, the Management Company and the Company’s subsidiary that provides security and maintenance services. 
(3) Amounts include acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.