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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Minimum rents $ 496,708 $ 429,007 $ 394,679
Percentage rents 24,389 19,175 16,401
Tenant recoveries 273,445 241,776 228,515
Management Companies 41,235 40,404 42,895
Other 45,546 33,009 29,067
Total revenues 881,323 763,371 711,557
Expenses:      
Shopping center and operating expenses 280,531 242,298 223,773
Management Companies' operating expenses 85,610 86,587 90,414
REIT general and administrative expenses 20,412 21,113 20,703
Depreciation and amortization 302,553 252,075 226,550
Total expenses before interest 689,106 602,073 561,440
Interest expense:      
Related parties 15,386 16,743 14,254
Other 161,392 162,965 183,789
Total interest expense 176,778 179,708 198,043
Loss (gain) on early extinguishment of debt, net   10,588 (3,661)
Total expenses 865,884 792,369 755,822
Equity in income of unconsolidated joint ventures 79,281 294,677 79,529
Co-venture expense (6,523) (5,806) (6,193)
Income tax benefit 4,159 6,110 9,202
Gain (loss) on remeasurement, sale or write down of assets, net 204,668 (22,037) 497
Income from continuing operations 297,024 243,946 38,770
Discontinued operations:      
Gain (loss) on disposition of assets, net 74,833 (58,230) (23)
Loss from discontinued operations (5,468) (16,641) (10,327)
Income (loss) from discontinued operations 69,365 (74,871) (10,350)
Net income 366,389 169,075 28,420
Less net income attributable to noncontrolling interests 28,963 12,209 3,230
Net income attributable to the Company $ 337,426 $ 156,866 $ 25,190
Earnings per common share attributable to Company-basic:      
Income from continuing operations (in dollars per share) $ 2.03 $ 1.70 $ 0.27
Discontinued operations (in dollars per share) $ 0.48 $ (0.52) $ (0.08)
Net income attributable to common stockholders $ 2.51 $ 1.18 $ 0.19
Earnings per common share attributable to Company-diluted:      
Income from continuing operations (in dollars per share) $ 2.03 $ 1.70 $ 0.27
Discontinued operations (in dollars per share) $ 0.48 $ (0.52) $ (0.08)
Net income attributable to common stockholders $ 2.51 $ 1.18 $ 0.19
Weighted average number of common shares outstanding:      
Basic (in shares) 134,067,000 131,628,000 120,346,000
Diluted (in shares) 134,148,000 131,628,000 120,346,000