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Acquisitions: (Tables)

9 Months Ended

Sep. 30, 2012

Acquisition

Summary of gain on remeasurement of existing investment


Fair value of existing ownership interest (at 50% ownership)		$	4,164
Carrying value of investment in Desert Sky Mall			(2,296	)

Gain on remeasurement		$	1,868

Desert Sky Mall

Acquisition

Summary of the allocation of fair value


Property		$	46,603
Deferred charges, net			5,474
Cash and cash equivalents			6,057
Tenant receivables			202
Other assets, net			4,481

Total assets acquired			62,817

Mortgage note payable			51,500
Accounts payable			33
Other accrued liabilities			3,017

Total liabilities assumed			54,550

Fair value of acquired net assets (at 100% ownership)		$	8,267

Fashion Outlets of Niagara

Acquisition

Summary of the allocation of fair value


Property		$	228,720
Restricted cash			5,367
Deferred charges, net			10,383
Other assets, net			3,090

Total assets acquired			247,560

Mortgage note payable			130,006
Accounts payable			231
Other accrued liabilities			38,037

Total liabilities assumed			168,274

Fair value of acquired net assets		$	79,286

SDG Properties

Acquisition

Summary of the allocation of fair value


Property		$	371,344
Deferred charges, net			30,786
Tenant receivables			10,048
Other assets, net			32,826

Total assets acquired			445,004

Mortgage notes payable			211,543
Accounts payable			10,416
Other accrued liabilities			18,578

Total liabilities assumed			240,537

Fair value of acquired net assets		$	204,467

500 North Michigan Avenue:

Acquisition

Summary of the allocation of fair value


Property		$	66,033
Deferred charges, net			7,450
Other assets, net			2,143

Total assets acquired			75,626

Other accrued liabilities			4,701

Total liabilities assumed			4,701

Fair value of acquired net assets		$	70,925