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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Minimum rents $ 117,890 $ 104,451 $ 237,416 $ 207,135
Percentage rents 2,769 2,861 6,522 5,600
Tenant recoveries 64,705 58,022 129,400 116,251
Management Companies 9,657 8,119 20,872 18,702
Other 9,524 7,846 20,275 13,888
Total revenues 204,545 181,299 414,485 361,576
Expenses:        
Shopping center and operating expenses 65,070 59,067 130,571 116,166
Management Companies' operating expenses 23,734 20,921 46,259 46,777
REIT general and administrative expenses 5,655 3,742 10,174 11,386
Depreciation and amortization 71,487 60,926 145,328 120,634
Total expenses before interest 165,946 144,656 332,332 294,963
Interest expense:        
Related parties 3,833 4,086 7,773 8,575
Other 39,464 39,980 78,048 84,092
Total interest expense 43,297 44,066 85,821 92,667
Loss on early extinguishment of debt   32   9,133
Total expenses 209,243 188,754 418,153 396,763
Equity in income of unconsolidated joint ventures 18,691 25,207 49,309 55,482
Co-venture expense (1,304) (1,202) (2,395) (2,498)
Income tax benefit 3,075 1,768 1,225 4,246
(Loss) gain on remeasurement, sale or write down of assets, net (859) 1,287 18,638 3,088
Income from continuing operations 14,905 19,605 63,109 25,131
Discontinued operations:        
Gain (loss) on the disposition of assets, net 130,727 (35,753) 75,159 (37,991)
Loss from discontinued operations (1,089) (4,763) (5,449) (7,960)
Income (loss) from discontinued operations 129,638 (40,516) 69,710 (45,951)
Net income (loss) 144,543 (20,911) 132,819 (20,820)
Less net income (loss) attributable to noncontrolling interests 11,189 (1,695) 13,533 (1,638)
Net income (loss) attributable to the Company $ 133,354 $ (19,216) $ 119,286 $ (19,182)
Earnings per common share attributable to Company-basic:        
Income from continuing operations (in dollars per share) $ 0.10 $ 0.13 $ 0.42 $ 0.17
Discontinued operations (in dollars per share) $ 0.90 $ (0.28) $ 0.48 $ (0.32)
Net income (loss) available to common stockholders (in dollars per share) $ 1.00 $ (0.15) $ 0.90 $ (0.15)
Earnings per common share attributable to Company-diluted:        
Income from continuing operations (in dollars per share) $ 0.10 $ 0.13 $ 0.42 $ 0.17
Discontinued operations (in dollars per share) $ 0.90 $ (0.28) $ 0.48 $ (0.32)
Net income (loss) available to common stockholders (in dollars per share) $ 1.00 $ (0.15) $ 0.90 $ (0.15)
Weighted average number of common shares outstanding:        
Basic (in shares) 132,768 131,691 132,520 131,136
Diluted (in shares) 132,877 131,691 132,611 131,136