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Related Party Transactions:
3 Months Ended
Mar. 31, 2013
Related Party Transactions:  
Related Party Transactions:

17. 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:

 
  For the Three
Months Ended
March 31,
 
 
  2013   2012  

Management Fees

  $ 5,493   $ 6,082  

Development and Leasing Fees

    1,695     3,224  
           

 

  $ 7,188   $ 9,306  
           

        Certain mortgage notes on the properties are held by NML (See Note 9—Mortgage Notes Payable). Interest expense in connection with these notes was $3,780 and $3,940 for the three months ended March 31, 2013 and 2012, respectively. Included in accounts payable and accrued expenses is interest payable on these notes of $1,258 and $1,264 at March 31, 2013 and December 31, 2012, respectively.

        As of March 31, 2013 and December 31, 2012, the Company had loans to unconsolidated joint ventures of $3,366 and $3,345, respectively. Interest income associated with these notes was $61 and $65 for the three months ended March 31, 2013 and 2012, 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 includes $4,734 and $4,568 of unreimbursed costs and fees due from unconsolidated joint ventures under management agreements at March 31, 2013 and December 31, 2012, respectively. Due from affiliates at March 31, 2013 and December 31, 2012, also includes two notes receivable from principals of AWE Talisman for a total of $12,500 that bear interest at 5.0% and mature based on the completion, refinancing or sale of Fashion Outlets of Chicago. The notes are collateralized by the principals' interests in Fashion Outlets of Chicago. AWE Talisman is considered a related party because it has an ownership interest in Fashion Outlets of Chicago. Interest income earned on these notes was $154 and $8 for the three months ended March 31, 2013 and 2012, respectively. Due from affiliates at March 31, 2013 also includes a note receivable of $13,330 from RED/303 LLC ("RED") that bears interest at 5.25% and matures on March 29, 2016. RED is considered a related party because it is a partner in a joint venture development project. The note is collateralized by RED's membership interest in a development agreement.