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Related Party Arrangements
6 Months Ended
Jun. 30, 2015
Related Party Transactions [Abstract]  
Related Party Arrangements
Related Party Arrangements

Unconsolidated Entities

The Company manages unconsolidated real estate entities for which it receives asset management, property management, development and redevelopment fee revenue.  From these entities, the Company earned fees of $2,942,000 and $2,672,000 during the three months ended June 30, 2015 and 2014, respectively and $5,553,000 and $5,750,000 during the six months ended June 30, 2015 and 2014, respectively.  These fees are included in management, development and other fees on the accompanying Condensed Consolidated Statements of Comprehensive Income. In addition, the Company has outstanding receivables associated with its management role of $5,088,000 and $6,868,000 as of June 30, 2015 and December 31, 2014, respectively.

Director Compensation

The Company recorded non-employee director compensation expense relating to restricted stock grants and deferred stock awards in the amount of $278,000 and $250,000 in the three months ended June 30, 2015 and 2014, respectively, and $550,000 and $500,000 in the six months ended June 30, 2015 and 2014, respectively, as a component of general and administrative expense.  Deferred compensation relating to these restricted stock grants and deferred stock awards to non-employee directors was $1,073,000 and $452,000 on June 30, 2015 and December 31, 2014, respectively. During the six months ended June 30, 2015, the Company issued 46,589 shares in conjunction with the conversion of deferred stock awards.