Consolidated Statements of Operations and Comprehensive Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2013		Jun. 30, 2012		Jun. 30, 2013		Jun. 30, 2012
Revenues:
Rental income	$ 29,947		$ 28,580		$ 57,439		$ 55,812
Tenant recoveries	10,600		8,858		21,472		18,720
Other property income	426		894		996		1,286
Fee income from unconsolidated joint ventures	1,958		1,030		3,554		2,067
Total revenues	42,931		39,362		83,461		77,885
Expenses:
Property operating expenses	5,789		4,957		13,326		11,839
Real estate tax expense	8,448		7,346		15,654		14,412
Depreciation and amortization	14,583		13,585		27,143		28,584
Provision for asset impairment	369		479		369		479
General and administrative expenses	5,269		4,452		9,976		8,959
Total expenses	34,458		30,819		66,468		64,273
Operating income	8,473		8,543		16,993		13,612
Other income	664		942		1,509		2,464
Gain from settlement of receivables	3,095		0		3,095		0
Gain from change in control of investment properties	95,378		1,043		95,378		1,043
Gain on sale of investment properties	0		0		1,498		0
Gain on sale of joint venture interest	393		12		734		64
Impairment of investment securities	0		0		(98)		0
Interest expense	(8,407)		(9,255)		(16,519)		(17,905)
Income (loss) before income tax benefit (expense) of taxable REIT subsidiaries, equity in earnings of unconsolidated joint ventures and discontinued operations	99,596		1,285		102,590		(722)
Income tax benefit (expense) of taxable REIT subsidiaries	(1,567)		4,560		(1,795)		4,680
Equity in earnings of unconsolidated joint ventures	2,172	[1]	756	[1]	3,512	[1]	789	[1]
Income from continuing operations	100,201		6,601		104,307		4,747
Income from discontinued operations	3,771		466		6,578		814
Net income	103,972		7,067		110,885		5,561
Net (income) loss attributable to the noncontrolling interest	(2)		79		(14)		76
Net income (loss) attributable to Inland Real Estate Corporation	103,970		7,146		110,871		5,637
Dividends on preferred shares	(2,295)		(2,223)		(4,505)		(3,478)
Net income attributable to common stockholders	101,675		4,923		106,366		2,159
Basic and diluted earnings attributable to common shares per weighted average common share:
Income (loss) from continuing operations (in dollars per share)	$ 1.05		$ 0.05		$ 1.09		$ 0.01
Income from discontinued operations (in dollars per share)	$ 0.04		$ 0.01		$ 0.07		$ 0.01
Net income (loss) attributable to common stockholders per weighted average common share — basic and diluted (in dollars per share)	$ 1.09		$ 0.06		$ 1.16		$ 0.02
Weighted average number of common shares outstanding — basic (in shares)	92,803		88,962		91,149		88,934
Weighted average number of common and common equivalent shares outstanding (in shares)	93,042		89,077		91,384		89,049
Comprehensive income:
Net income attributable to common stockholders	101,675		4,923		106,366		2,159
Unrealized gain (loss) on investment securities	(124)		(139)		99		710
Reclassification of gain on sale of investment securities	225		448		485		1,038
Unrealized gain (loss) on derivative instruments	2,813		(2,266)		3,841		(1,267)
Comprehensive income	$ 104,139		$ 2,070		$ 109,821		$ 564

[1] IRC’s pro rata share includes the amortization of certain basis differences and an elimination of IRC’s pro rata share of the management fee expense.