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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Minimum rents $ 146,992 $ 112,612 $ 290,707 $ 226,379
Percentage rents 2,822 2,625 7,191 6,251
Tenant recoveries 85,364 61,625 167,827 123,605
Management Companies 10,301 9,657 20,451 20,872
Other 11,498 9,138 25,001 16,850
Total revenues 256,977 195,657 511,177 393,957
Expenses:        
Shopping center and operating expenses 82,506 62,032 165,106 124,562
Management Companies' operating expenses 22,816 23,734 45,965 46,259
REIT general and administrative expenses 6,693 5,655 12,717 10,174
Depreciation and amortization 92,333 69,169 183,136 140,699
Total expenses before interest 204,348 160,590 406,924 321,694
Interest expense:        
Related parties 3,764 3,833 7,544 7,773
Other 50,675 39,464 100,595 78,048
Total interest expense 54,439 43,297 108,139 85,821
Gain on early extinguishment of debt, net (1,943)   (1,943)  
Total expenses 256,844 203,887 513,120 407,515
Equity in income of unconsolidated joint ventures 92,201 18,691 110,316 49,309
Co-venture expense (2,138) (1,304) (4,179) (2,395)
Income tax benefit 1,477 3,075 1,721 1,225
(Loss) gain on remeasurement, sale or write down of assets, net (798) (1,528) 4,030 17,969
Income from continuing operations 90,875 10,704 109,945 52,550
Discontinued operations:        
Gain on the disposition of assets, net 141,906 131,396 141,912 75,828
Income from discontinued operations 2,035 2,443 5,488 4,441
Total income from discontinued operations 143,941 133,839 147,400 80,269
Net income 234,816 144,543 257,345 132,819
Less net income attributable to noncontrolling interests 15,819 11,189 20,256 13,533
Net income attributable to the Company $ 218,997 $ 133,354 $ 237,089 $ 119,286
Earnings per common share attributable to Company-basic:        
Income from continuing operations (in dollars per share) $ 0.61 $ 0.07 $ 0.72 $ 0.34
Discontinued operations (in dollars per share) $ 0.96 $ 0.93 $ 0.99 $ 0.56
Net income attributable to common stockholders (in dollars per share) $ 1.57 $ 1.00 $ 1.71 $ 0.90
Earnings per common share attributable to Company-diluted:        
Income from continuing operations (in dollars per share) $ 0.61 $ 0.07 $ 0.72 $ 0.34
Discontinued operations (in dollars per share) $ 0.96 $ 0.93 $ 0.99 $ 0.56
Net income attributable to common stockholders (in dollars per share) $ 1.57 $ 1.00 $ 1.71 $ 0.90
Weighted average number of common shares outstanding:        
Basic (in shares) 139,372,000 132,768,000 138,460,000 132,520,000
Diluted (in shares) 139,526,000 132,877,000 138,581,000 132,611,000