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Related-Party Transactions:
3 Months Ended
Mar. 31, 2012
Related-Party Transactions:  
Related-Party Transactions:

18. Related-Party Transactions:

        Certain unconsolidated joint ventures and third-parties 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 and third-party managed properties:

 
  For the Three
Months Ended
March 31,
 
 
  2012   2011  

Management Fees

  $ 6,082   $ 6,263  

Development and Leasing Fees

    3,224     2,384  
           

 

  $ 9,306   $ 8,647  
           

        Certain mortgage notes on the properties are held by NML (See Note 10—Mortgage Notes Payable). Interest expense in connection with these notes was $3,940 and $4,489 for the three months ended March 31, 2012 and 2011, respectively. Included in accounts payable and accrued expenses is interest payable on these notes of $1,281 and $1,379 at March 31, 2012 and December 31, 2011, respectively.

        As of March 31, 2012 and December 31, 2011, the Company had loans to unconsolidated joint ventures of $3,300 and $3,995, respectively. Interest income associated with these notes was $65 and $94 for the three months ended March 31, 2012 and 2011, respectively. These loans represent initial funds advanced to development stage projects prior to construction loan funding. Accordingly, loan payables in the same amount have been accrued as an obligation by the various joint ventures.

        Due from affiliates of $4,991 and $3,387 at March 31, 2012 and December 31, 2011, respectively, represents unreimbursed costs and fees due from unconsolidated joint ventures under management agreements.