XML 34 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments in Unconsolidated Joint Ventures: (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2011
GGP Exchange
store
Jun. 03, 2011
GGP Exchange
Jun. 30, 2011
Superstition Springs Land
Jun. 30, 2011
Superstition Springs Land
Jun. 30, 2011
Superstition Springs Land
Jun. 03, 2011
Superstition Springs Land
Feb. 28, 2011
Desert Sky Mall
squarefoot
Jun. 30, 2011
Desert Sky Mall
Dec. 31, 2011
Eastland Mall
Dec. 31, 2011
Lake Square Mall
Dec. 31, 2011
SouthPark Mall
Dec. 31, 2011
Southridge Mall
Dec. 31, 2011
NorthPark Mall
Dec. 31, 2011
Valley Mall
Feb. 28, 2011
Kierland Commons Investment LLC
Feb. 24, 2011
Kierland Commons Investment LLC
Feb. 28, 2011
Kierland Commons Investment LLC
Kierland Commons
squarefoot
Feb. 24, 2011
Kierland Commons Investment LLC
Kierland Commons
Feb. 28, 2011
The Shops at Atlas Park
squarefoot
Dec. 31, 2011
SDG Macerich Properties, L. P.
item
Apr. 30, 2011
SDG Macerich Properties, L. P.
Dec. 30, 2011
SDG Macerich Properties, L. P.
Jun. 30, 2011
Arrowhead Towne Center
Jun. 30, 2012
Arrowhead Towne Center
Jun. 03, 2011
Arrowhead Towne Center
Jun. 30, 2011
Superstition Springs Center
Jun. 30, 2012
Superstition Springs Center
Jun. 03, 2011
Superstition Springs Center
Mar. 31, 2012
Chandler Village Center, LLC
squarefoot
Jun. 30, 2012
Chandler Village Center, LLC
Mar. 31, 2012
Chandler Festival
squarefoot
Jun. 30, 2012
Chandler Festival
Mar. 31, 2012
SanTan Village Power Center
squarefoot
May 31, 2012
Chandler Gateway
squarefoot
Jun. 30, 2012
Chandler Gateway
Investments in unconsolidated joint ventures:                                                                              
Property square footage                     893,863                   434,642   377,924                   273,439   500,426   491,037 259,535  
Total purchase price                                           $ 105,550,000 $ 53,750,000                                
Purchase price on acquisition                     27,625,000                                                        
Purchase price paid in cash by the Company                                         34,162,000                                    
Purchase price funded by cash payment on acquisition           75,000,000         1,875,000                                                        
Purchase price paid through assumption of debt by the Company       56,900,000             25,750,000                   18,613,000                                    
Percentage ownership before additional interest acquired                                       24.50%                                      
Percentage ownership by all joint venture partners before additional interest acquired                                           49.00%                                  
Number of Mervyn's stores exchanged         5                                                                    
Ownership percentage in joint ventures                                       50.00%     50.00%     50.00%   66.70% 66.70%   66.70% 66.70%              
Total ownership percentage acquired by all joint venture partners                                           100.00%                                  
Ownership percentage in property on completion of acquisition                   100.00% 100.00%   100.00% 100.00% 100.00% 100.00% 100.00% 100.00%                                          
Other joint venture partners' ownership percentage in joint ventures                                             50.00%     50.00%                          
Gain (loss) on sale or remeasurement of assets (24,000) (329,000) 22,966,000 24,545,000                             25,019,000                                   23,307,000    
Remeasurement gain on acquisition of additional interest, pro rata share                                     12,510,000                                        
Company's share of total purchase price                                             26,875,000                                
Additional ownership interest acquired (as a percent)             50.00%       50.00% 50.00%                             33.30%     33.30%                  
Loan paid off                     51,500,000                                                   45,000,000    
Share of gain on conveyance of Granite Run Mall through deed-in-lieu foreclosure                                                 7,753,000                            
Number of anchor locations exchanged         6                                                                    
Gain on purchase of remaining interest in property             1,734,000 1,734,000 1,734,000   1,838,000 1,838,000                       188,264,000                              
Number of regional shopping centers owned by investee                                               11                              
Number of assets distributed to the Company                                               6                              
Number of regional malls distributed by the investee to the outside partner                                               5                              
Percentage of ownership interest sold                                                                 50.00%   50.00%     50.00%  
Consideration received on sale of joint venture interest                                                                 14,795,000   30,975,000     14,315,000  
Gain on sale of investments in unconsolidated entity                                                                   8,188,000   12,347,000     3,345,000
Cash proceeds for sale of interest in property     130,645,000 4,875,000                                                         6,045,000   16,183,000     4,921,000  
Mortgage note assumed by purchaser as sale consideration     185,000,000                                                           8,750,000   14,792,000     9,394,000  
Proceeds from sale of property                                                                         54,780,000    
Gain on sale of property, pro rata share                                                                         11,508,000    
Cash distributed to the partners                                                                         9,780,000    
Gain on sale of property, pro rata share included in net income attributable to noncontrolling interests                                                                         $ 3,567,000