	Carrying Amount of Mortgage Notes(1)

	June 30, 2013				December 31, 2012
Property Pledged as Collateral	Related Party		Other		Related Party		Other		Effective Interest Rate(2)			Monthly Debt Service(3)		Maturity Date(4)
Arrowhead Towne Center	$	—	$	239,624	$	—	$	243,176		2.76	%	$	1,131		2018
Chandler Fashion Center(5)		—		200,000		—		200,000		3.77	%		625		2019
Chesterfield Towne Center		—		110,000		—		110,000		4.80	%		573		2022
Danbury Fair Mall		118,490		118,490		119,823		119,823		5.53	%		1,538		2020
Deptford Mall		—		203,462		—		205,000		3.76	%		947		2023
Deptford Mall		—		14,676		—		14,800		6.46	%		101		2016
Eastland Mall		—		168,000		—		168,000		5.79	%		811		2016
Fashion Outlets of Chicago(6)		—		55,123		—		9,165		2.99	%		124		2017
Fashion Outlets of Niagara Falls USA		—		125,309		—		126,584		4.89	%		727		2020
Fiesta Mall(7)		—		84,000		—		84,000		4.98	%		341		2015
Flagstaff Mall		—		37,000		—		37,000		5.03	%		151		2015
FlatIron Crossing(8)		—		—		—		173,561		—			—		—
Freehold Raceway Mall(5)		—		232,900		—		232,900		4.20	%		805		2018
Fresno Fashion Fair		80,006		80,006		80,601		80,602		6.76	%		1,104		2015
Great Northern Mall		—		35,944		—		36,395		5.19	%		234		2013
Green Acres Mall(9)		—		322,920		—		—		3.61	%		1,447		2021
Kings Plaza Shopping Center(10)		—		495,292		—		354,000		3.67	%		2,229		2019
Northgate Mall(11)		—		64,000		—		64,000		3.07	%		130		2017
Oaks, The		—		216,199		—		218,119		4.14	%		1,064		2022
Pacific View		—		137,114		—		138,367		4.08	%		668		2022
Paradise Valley Mall(12)		—		79,500		—		81,000		6.30	%		614		2014
Promenade at Casa Grande(13)		—		65,230		—		73,700		5.21	%		245		2013
Salisbury, Centre at		—		115,000		—		115,000		5.83	%		555		2016
Santa Monica Place		—		237,929		—		240,000		2.99	%		1,004		2018
SanTan Village Regional Center(14)		—		138,000		—		138,087		3.14	%		589		2019
South Plains Mall		—		100,587		—		101,340		6.58	%		648		2015
South Towne Center(15)		—		—		—		85,247		—			—		—
Towne Mall		—		23,183		—		23,369		4.48	%		117		2022
Tucson La Encantada		73,535		—		74,185		—		4.23	%		368		2022
Twenty Ninth Street(16)		—		107,000		—		107,000		3.03	%		251		2016
Valley Mall		—		42,525		—		42,891		5.85	%		280		2016
Valley River Center		—		120,000		—		120,000		5.59	%		558		2016
Victor Valley, Mall of(17)		—		90,000		—		90,000		2.75	%		183		2014
Vintage Faire Mall(15)		—		99,774		—		135,000		5.81	%		586		2015
Westside Pavilion		—		153,395		—		154,608		4.49	%		783		2022
Wilton Mall(18)		—		40,000		—		40,000		1.20	%		29		2013

	$	272,031	$	4,352,182	$	274,609	$	4,162,734

(1): The mortgage notes payable balances include the unamortized debt premiums (discounts). Debt premiums (discounts) represent the excess (deficiency) of the fair value of debt over (under) the principal value of debt assumed in various acquisitions and are amortized to interest expense over the remaining term of the related debt in a manner that approximates the effective interest method.

Debt premiums (discounts) consist of the following:

Property Pledged as Collateral	June 30, 2013			December 31, 2012

Arrowhead Towne Center	$	16,179		$	17,716
Deptford Mall		(17	)		(19	)
Fashion Outlets of Niagara Falls USA		6,806			7,270
FlatIron Crossing		—			5,232
Great Northern Mall		(13	)		(28	)
Valley Mall		(263	)		(307	)

	$	22,692		$	29,864

(2): The interest rate disclosed represents the effective interest rate, including the debt premiums (discounts) and deferred finance costs.
(3): The monthly debt service represents the payment of principal and interest.
(4): The maturity date assumes that all extension options are fully exercised and that the Company does not opt to refinance the debt prior to these dates. These extension options are at the Company's discretion, subject to certain conditions, which the Company believes will be met.
(5): A 49.9% interest in the loan has been assumed by a third party in connection with a co-venture arrangement (See Note 11—Co-Venture Arrangement).
(6): The construction loan on the property allows for borrowings up to $140,000, bears interest at LIBOR plus 2.50% and matures on March 5, 2017, including extension options. At June 30, 2013 and December 31, 2012, the total interest rate was 2.99% and 3.00%, respectively.
(7): The Company is in negotiations with the loan servicer, which will likely result in a transition of the property to the loan servicer or receiver.
(8): This loan was paid off in full on June 4, 2013, which resulted in a gain of $2,790 on the early extinguishment of debt.
(9): On January 24, 2013, in connection with the Company's acquisition of Green Acres Mall (See Note 14—Acquisitions), the Company placed a new loan on the property that allowed for borrowings of up to $325,000, bears interest at an effective interest rate of 3.61% and matures on February 3, 2021. Concurrent with the acquisition, the Company borrowed $100,000 on the loan. On January 31, 2013, the Company exercised its option to borrow an additional $225,000 on the loan.
(10): On January 3, 2013, the Company exercised its option to borrow an additional $146,000 on the loan.
(11): The loan bears interest at LIBOR plus 2.25% and matures on March 1, 2017. At June 30, 2013 and December 31, 2012, the total interest rate was 3.07% and 3.09%, respectively.
(12): The loan bears interest at LIBOR plus 4.0% with a total interest rate floor of 5.50% and matures on August 31, 2014. At June 30, 2013 and December 31, 2012, the total interest rate was 6.30%.
(13): The loan bears interest at LIBOR plus 4.0% with a LIBOR rate floor of 0.50% and matures on December 30, 2013. At June 30, 2013 and December 31, 2012, the total interest rate was 5.21%.
(14): On May 30, 2013, the joint venture replaced the existing loan on the property with a new $138,000 loan that bears interest at 3.14% and matures on June 1, 2019.

(15): On April 30, 2013, the existing loan on Vintage Faire Mall was paid off in full, resulting in a loss of $847 on the early extinguishment of debt. Concurrently, the loan on South Towne Center was assumed by Vintage Faire Mall. An additional $15,200 loan was added to the assumed loan that bears interest at 2.50% and matures on November 5, 2015.
(16): The loan bears interest at LIBOR plus 2.63% and matures on January 18, 2016. At June 30, 2013 and December 31, 2012, the total interest rate was 3.03% and 3.04%, respectively.
(17): The loan bears interest at LIBOR plus 2.25% and matures on November 6, 2014. At June 30, 2013 and December 31, 2012, the total interest rate was 2.75% and 2.12%, respectively.
(18): The loan bore interest at LIBOR plus 0.675% and was paid off in full on August 1, 2013. As additional collateral for the loan, the Company was required to maintain a deposit of $40,000 with the lender, which was included in restricted cash as of June 30, 2013 and December 31, 2012. The interest on the deposit was not restricted. At June 30, 2013 and December 31, 2012, the total interest rate was 1.20% and 1.22%, respectively.