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Related Party Transactions:
12 Months Ended
Dec. 31, 2012
Related Party Transactions:  
Related Party Transactions:

19. Related Party Transactions:

        Certain unconsolidated joint ventures have engaged the Management Companies to manage the operations of the Centers. Under these arrangements, the Management Companies are reimbursed for compensation paid to on-site employees, leasing agents and project managers at the Centers, as well as insurance costs and other administrative expenses. The following are fees charged to unconsolidated joint ventures for the years ended December 31:

 
  2012   2011   2010  

Management Fees

  $ 24,007   $ 26,838   $ 26,781  

Development and Leasing Fees

    13,165     9,955     11,488  
               

 

  $ 37,172   $ 36,793   $ 38,269  
               

        Certain mortgage notes on the properties are held by NML (See Note 10—Mortgage Notes Payable). Interest expense in connection with these notes was $15,386, $16,743 and $14,254 for the years ended December 31, 2012, 2011 and 2010, respectively. Included in accounts payable and accrued expenses is interest payable to this related party of $1,264 and $1,379 at December 31, 2012 and 2011, respectively.

        As of December 31, 2012 and 2011, the Company had loans to unconsolidated joint ventures of $3,345 and $3,995, respectively. Interest income associated with these notes was $254, $276 and $184 for the years ended December 31, 2012, 2011 and 2010, respectively. These loans represent initial funds advanced to development stage projects prior to construction loan funding. Correspondingly, loan payables in the same amount have been accrued as an obligation by the various joint ventures.

        Due from affiliates includes $4,568 and $3,387 of unreimbursed costs and fees due from unconsolidated joint ventures under management agreements at December 31, 2012 and 2011, respectively. Due from affiliates at December 31, 2012, also includes two notes receivable from principals of AWE Talisman for a total of $12,500 that bear interest at 5.0% and mature based on the completion, refinancing or sale of Fashion Outlets of Chicago. The notes are collateralized by the principals' interests in Fashion Outlets of Chicago. AWE Talisman is considered a related party because it has an ownership interest in Fashion Outlets of Chicago. Interest income earned on the notes was $478 for the year ended December 31, 2012.