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Subsequent Events: | 9 Months Ended
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Sep. 30, 2013
Subsequent Events [Abstract] |
Subsequent Events: | Subsequent Events: On October 8, 2013, the Company's joint venture in Ridgmar Mall, a 1,273,000 square foot regional shopping center in Forth Worth, Texas, sold the property for $60,900. The cash proceeds from the sale were used to pay off the $51,657 mortgage loan on the property and the remaining $9,243 net of closing costs was distributed to the partners. The Company used its share of the proceeds to pay down its line of credit and for general corporate purposes. On October 15, 2013, the Company sold a former Mervyn's store in Midland, Texas for $5,700. The Company used the proceeds from the sale to pay down its line of credit and for general corporate purposes. On October 21, 2013, the Company received a commitment for a mortgage note payable on FlatIron Crossing. The new $268,000 mortgage note payable is expected to bear interest at a fixed rate of 3.85% and have a seven year term. The Company plans to use the proceeds for the repayment of debt and for general corporate purposes. On October 23, 2013, the Company sold a former Mervyn's store in Grand Junction, Colorado for $5,430. The Company used the proceeds from the sale to pay down its line of credit and for general corporate purposes. On October 24, 2013, the Company acquired the remaining 33.3% ownership interest in Superstition Springs Center, a 999,000 square foot regional shopping center in Mesa, Arizona, that it did not own for $44,242. The purchase price was funded by a cash payment of $21,742 and the assumption of the third party's pro rata share of the mortgage note payable on the property of $22,500. On October 24, 2013, the Company announced a dividend/distribution of $0.62 per share for common stockholders and OP Unit holders of record on November 12, 2013. All dividends/distributions will be paid 100% in cash on December 6, 2013.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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