XML 21 R70.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions: Allocation of Fair Value (Details) (USD $)
In Thousands, unless otherwise specified
Feb. 29, 2012
Oct. 03, 2012
Oct. 26, 2012
Nov. 28, 2012
Jan. 24, 2013
Sep. 17, 2013
Oct. 24, 2013
Jun. 04, 2014
Nov. 14, 2014
500 North Michigan Avenue:                  
Acquisition                  
Property $ 66,033mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
Deferred charges 7,450mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
Other assets 2,143mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
Total assets acquired 75,626us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
Other accrued liabilities 4,701us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
Total liabilities assumed 4,701us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
Fair value of acquired net assets (at 100% ownership) 70,925us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_NorthMichiganAvenue500Member
               
FlatIron Crossing                  
Acquisition                  
Property   443,391mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Deferred charges   25,251mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Cash and cash equivalents   3,856us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Other assets   2,101mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Total assets acquired   474,599us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Mortgage notes payable   175,720mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageNotePayable
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Accounts payable   366us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Other accrued liabilities   11,071us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Total liabilities assumed   187,157us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Fair value of acquired net assets (at 100% ownership)   287,442us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_FlatIronCrossingMember
             
Arrowhead Towne Center                  
Acquisition                  
Property     423,349mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Deferred charges     31,500mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Restricted cash     4,009mac_BusinessCombinationsRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Tenant receivables     926us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Other assets     4,234mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Total assets acquired     464,018us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Mortgage notes payable     244,403mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageNotePayable
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Accounts payable     815us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Other accrued liabilities     10,449us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Total liabilities assumed     255,667us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Fair value of acquired net assets (at 100% ownership)     208,351us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_ArrowheadTowneCenterMember
           
Kings Plaza                  
Acquisition                  
Property       714,589mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Deferred charges       37,371mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Other assets       29,282mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Total assets acquired       781,242us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Other accrued liabilities       25,242us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Total liabilities assumed       25,242us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Fair value of acquired net assets (at 100% ownership)       756,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_KingsPlazaMember
         
Green Acres Mall                  
Acquisition                  
Property         477,673mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Deferred charges         45,130mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Other assets         19,125mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Total assets acquired         541,928us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Other accrued liabilities         41,928us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Total liabilities assumed         41,928us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Fair value of acquired net assets (at 100% ownership)         500,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_GreenAcresMallMember
       
Camelback Colonnade                  
Acquisition                  
Property           98,160mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Deferred charges           8,284mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Cash and cash equivalents           1,280us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Restricted cash           1,139mac_BusinessCombinationsRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Tenant receivables           615us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Other assets           380mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Total assets acquired           109,858us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Mortgage notes payable           49,465mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageNotePayable
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Accounts payable           54us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Other accrued liabilities           4,752us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Total liabilities assumed           54,271us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Fair value of acquired net assets (at 100% ownership)           55,587us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_CamelbackColonnadeMember
     
Superstition Springs Land I                  
Acquisition                  
Property             114,373mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Deferred charges             12,353mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Cash and cash equivalents             8,894us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Tenant receivables             51us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Other assets             11,535mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Total assets acquired             147,206us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Mortgage notes payable             68,448mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageNotePayable
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Accounts payable             119us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Other accrued liabilities             7,637us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Total liabilities assumed             76,204us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Fair value of acquired net assets (at 100% ownership)             71,002us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_SuperstitionSpringsLandIMember
   
Cascade Mall                  
Acquisition                  
Property               28,924mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
Deferred charges               6,660mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
Other assets               202mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
Total assets acquired               35,786us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
Other accrued liabilities               4,786us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
Total liabilities assumed               4,786us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
Fair value of acquired net assets (at 100% ownership)               31,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_CascadeMallMember
 
PPRLP Queens Portfolio                  
Acquisition                  
Property                 3,714,982mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedProperty
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Deferred charges                 152,250mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredCharges
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Cash and cash equivalents                 28,890us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Restricted cash                 5,113mac_BusinessCombinationsRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Tenant receivables                 5,438us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Other assets                 127,723mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Total assets acquired                 4,034,396us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Mortgage notes payable                 1,414,659mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedMortgageNotePayable
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Accounts payable                 5,669us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Due to affiliates                 2,680mac_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedCurrentLiabilitiesDuetoAffiliates
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Other accrued liabilities                 230,210us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Total liabilities assumed                 1,653,218us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember
Fair value of acquired net assets (at 100% ownership)                 $ 2,381,178us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= mac_PPRLPQueensPortfolioMember