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Mortgage Notes Payable: (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Mar. 31, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Sep. 30, 2013
Arrowhead Towne Center
Dec. 31, 2012
Arrowhead Towne Center
Sep. 30, 2013
Camelback Colonnade
Dec. 31, 2012
Camelback Colonnade
Sep. 30, 2013
Chandler Fashion Center
Dec. 31, 2012
Chandler Fashion Center
Sep. 30, 2013
Chesterfield Towne Center
Dec. 31, 2012
Chesterfield Towne Center
Sep. 30, 2013
Danbury Fair Mall
Dec. 31, 2012
Danbury Fair Mall
Sep. 30, 2013
Deptford Mall One
Dec. 31, 2012
Deptford Mall One
Sep. 30, 2013
Deptford Mall Two
Dec. 31, 2012
Deptford Mall Two
Sep. 30, 2013
Eastland Mall
Dec. 31, 2012
Eastland Mall
Sep. 30, 2013
Fashion Outlets of Chicago
Dec. 31, 2012
Fashion Outlets of Chicago
Sep. 30, 2013
Fashion Outlets of Niagara Falls USA
Dec. 31, 2012
Fashion Outlets of Niagara Falls USA
Sep. 30, 2013
Fiesta Mall
Dec. 31, 2012
Fiesta Mall
Sep. 30, 2013
Flagstaff Mall
Dec. 31, 2012
Flagstaff Mall
Aug. 01, 2013
FlatIron Crossing
Sep. 30, 2013
FlatIron Crossing
Dec. 31, 2012
FlatIron Crossing
Sep. 30, 2013
Freehold Raceway Mall
Dec. 31, 2012
Freehold Raceway Mall
Sep. 30, 2013
Fresno Fashion Fair
Dec. 31, 2012
Fresno Fashion Fair
Sep. 30, 2013
Great Northern Mall
Dec. 31, 2012
Great Northern Mall
Sep. 30, 2013
Green Acres Mall
Dec. 31, 2012
Green Acres Mall
Sep. 30, 2013
Kings Plaza
Dec. 31, 2012
Kings Plaza
Sep. 30, 2013
The Mall at Northgate
Dec. 31, 2012
The Mall at Northgate
Sep. 30, 2013
The Oaks
Dec. 31, 2012
The Oaks
Sep. 30, 2013
Pacific View
Dec. 31, 2012
Pacific View
Sep. 30, 2013
Paradise Valley Mall
Dec. 31, 2012
Paradise Valley Mall
Sep. 30, 2013
Promenade at Casa Grande
Dec. 31, 2012
Promenade at Casa Grande
Sep. 30, 2013
Promenade at Casa Grande
Low end of range
Sep. 30, 2013
Promenade at Casa Grande
High end of range
Sep. 30, 2013
Salisbury Center
Dec. 31, 2012
Salisbury Center
Sep. 30, 2013
Santa Monica Place
Dec. 31, 2012
Santa Monica Place
May 30, 2013
SanTan Village Regional Center
Sep. 30, 2013
SanTan Village Regional Center
Dec. 31, 2012
SanTan Village Regional Center
Sep. 30, 2013
South Plains Mall
Dec. 31, 2012
South Plains Mall
Apr. 30, 2013
South Towne center
Sep. 30, 2013
South Towne center
Dec. 31, 2012
South Towne center
Sep. 30, 2013
Towne Mall
Dec. 31, 2012
Towne Mall
Sep. 30, 2013
Tucson La Encantada
Dec. 31, 2012
Tucson La Encantada
Sep. 30, 2013
Twenty Ninth Street
Dec. 31, 2012
Twenty Ninth Street
Sep. 30, 2013
Valley Mall
Dec. 31, 2012
Valley Mall
Sep. 30, 2013
Valley River Center
Dec. 31, 2012
Valley River Center
Sep. 30, 2013
Mall of Victor Valley
Dec. 31, 2012
Mall of Victor Valley
Apr. 30, 2013
Vintage Faire Mall
Sep. 30, 2013
Vintage Faire Mall
Dec. 31, 2012
Vintage Faire Mall
Sep. 30, 2013
Westside Pavilion
Dec. 31, 2012
Westside Pavilion
Sep. 30, 2013
Wilton Mall
Dec. 31, 2012
Wilton Mall
Sep. 30, 2009
Freehold Raceway Mall and Chandler Fashion Center
Jan. 31, 2013
Green Acres Mall
Jan. 24, 2013
Green Acres Mall
sqft
Jan. 03, 2013
Kings Plaza
Nov. 28, 2012
Kings Plaza
sqft
Mortgage loans payable on real estate                                                                                                                                                                                      
Property area (in square feet)                                                                                                                                                                                 1,792,000   1,199,000
Percentage of oan assumed by third party (as a percent)                                                                                                                                                                             49.90%        
Carrying amount of mortgage notes, related party $ 270,715 [1]     $ 270,715 [1]   $ 274,609 [1] $ 0 [1] $ 0 [1] $ 0 [1],[2] $ 0 [1],[2] $ 0 [1],[3] $ 0 [1],[3] $ 0 [1] $ 0 [1] $ 117,810 [1] $ 119,823 [1] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1],[4] $ 0 [1],[4] $ 0 [1] $ 0 [1] $ 0 [1],[5] $ 0 [1],[5] $ 0 [1] $ 0 [1]   $ 0 [1],[6] $ 0 [1],[6] $ 0 [1],[3] $ 0 [1],[3] $ 79,701 [1] $ 80,601 [1] $ 0 [1] $ 0 [1] $ 0 [1],[7] $ 0 [1],[7] $ 0 [1],[8] $ 0 [1],[8] $ 0 [1],[9] $ 0 [1],[9] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1],[10] $ 0 [1],[10] $ 0 [1],[11] $ 0 [1],[11]     $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1]   $ 0 [1],[12] $ 0 [1],[12] $ 0 [1] $ 0 [1]   $ 0 [1],[13] $ 0 [1],[13] $ 0 [1] $ 0 [1] $ 73,204 [1] $ 74,185 [1] $ 0 [1],[14] $ 0 [1],[14] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1],[15] $ 0 [1],[15]   $ 0 [1],[13] $ 0 [1],[13] $ 0 [1] $ 0 [1] $ 0 [1],[16] $ 0 [1],[16]          
Carrying amount of mortgage notes, other 4,209,900 [1]     4,209,900 [1]   4,162,734 [1] 237,832 [1] 243,176 [1] 49,416 [1],[2] 0 [1],[2] 200,000 [1],[3] 200,000 [1],[3] 110,000 [1] 110,000 [1] 117,809 [1] 119,823 [1] 202,556 [1] 205,000 [1] 14,616 [1] 14,800 [1] 168,000 [1] 168,000 [1] 81,472 [1],[4] 9,165 [1],[4] 124,682 [1] 126,584 [1] 0 [1],[5] 84,000 [1],[5] 37,000 [1] 37,000 [1]   0 [1],[6] 173,561 [1],[6] 232,900 [1],[3] 232,900 [1],[3] 79,701 [1] 80,602 [1] 35,719 [1] 36,395 [1] 321,407 [1],[7] 0 [1],[7] 492,954 [1],[8] 354,000 [1],[8] 64,000 [1],[9] 64,000 [1],[9] 215,224 [1] 218,119 [1] 136,478 [1] 138,367 [1] 0 [1],[10] 81,000 [1],[10] 64,226 [1],[11] 73,700 [1],[11]     115,000 [1] 115,000 [1] 236,701 [1] 240,000 [1]   137,321 [1],[12] 138,087 [1],[12] 100,221 [1] 101,340 [1]   0 [1],[13] 85,247 [1],[13] 23,092 [1] 23,369 [1] 0 [1] 0 [1] 107,000 [1],[14] 107,000 [1],[14] 42,345 [1] 42,891 [1] 120,000 [1] 120,000 [1] 90,000 [1],[15] 90,000 [1],[15]   99,431 [1],[13] 135,000 [1],[13] 152,797 [1] 154,608 [1] 0 [1],[16] 40,000 [1],[16]          
Effective interest rate (as a percent)             2.76% [17]   2.16% [12],[17]   3.77% [17],[3]   4.80% [17]   5.53% [17]   3.76% [17]   6.46% [17]   5.79% [17]   2.98% [17],[4] 3.00% 4.89% [17]       5.03% [17]         4.20% [17],[3]   6.76% [17]   5.19% [17]   3.61% [17],[7]   3.67% [17],[8]   3.06% [17],[9] 3.09% 4.14% [17]   4.08% [17]       5.21% [11],[17] 5.21% [11],[17]     5.83% [17]   2.99% [17]     3.14% [12],[17]   6.58% [17]         4.48% [17]   4.23% [17]   3.02% [14],[17] 3.04% 5.85% [17]   5.59% [17]   2.74% [15],[17] 2.12% 2.50% 5.81% [13],[17]   4.49% [17]                
Monthly debt service             1,131 [18]   178 [18],[2]   625 [18],[3]   573 [18]   1,538 [18]   947 [18]   101 [18]   811 [18]   182 [18],[4]   727 [18]       151 [18]         805 [18],[3]   1,104 [18]   234 [18]   1,447 [18],[7]   2,229 [18],[8]   130 [18],[9]   1,064 [18]   668 [18]       245 [11],[18]       555 [18]   1,004 [18]     589 [12],[18]   648 [18]         117 [18]   368 [18]   251 [14],[18]   280 [18]   558 [18]   183 [15],[18]     586 [13],[18]   783 [18]                
Debt premiums             15,411 17,716 2,416 0                             6,574 7,270           0 5,232                                                                                                                    
Debt discounts                                 (15) (19)                                       (5) (28)                                                                     (241) (307)                                
Debt premiums (discounts), net 24,140     24,140   29,864                                                                                                                                                                          
Mortgage notes payable, maximum borrowings                                                                               325,000                                                                                                      
Gain (loss) on extinguishment of debt (6) 0   1,938 0                                                   2,791                                                                   (853)                                                    
Interest rate basis (as a percent)                                                                                       LIBOR               LIBOR                                       LIBOR           LIBOR                          
Interest rate spread over basis (as a percent)       1.50%                                     2.50%                                         2.25%                   4.00%                                   2.63%           2.25%                          
Debt interest rate floor (as a percent)                                                                                                             0.50%                                                                        
Mortgage notes payable which could become recourse 205,555     205,555   213,466                                                                                                                                                                          
Guarantee amounts for indemnity agreements from consolidated joint venture partners 21,263     21,263   28,208                                                                                                                                                                          
Interest expense capitalized 2,887   2,984 8,227 7,899                                                                                                                                                                            
Fair value of mortgage notes payable 4,558,549     4,558,549   4,567,658                                                                                                                                                                          
Period of loan maturities expected to be refinanced, restructured, extended or paid-off       12 months                                                                                                                                                                              
Amount of additional borrowing                                             $ 140,000                                                                         $ 138,000                                       $ 15,200               $ 225,000 $ 100,000 $ 146,000 $ 354,000
[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 CollateralSeptember 30, 2013 December 31, 2012Arrowhead Towne Center$15,411 $17,716Camelback Colonnade2,416 —Deptford Mall(15) (19)Fashion Outlets of Niagara Falls USA6,574 7,270FlatIron Crossing— 5,232Great Northern Mall(5) (28)Valley Mall(241) (307) $24,140 $29,864
[2] On September 17, 2013, the Company obtained control of the consolidated joint venture as a result of the Camelback Colonnade Restructuring (See Note 14—Acquisitions). The loan on the property bears interest at an effective rate of 2.16% and matures on October 12, 2015.
[3] 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).
[4] 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 September 30, 2013 and December 31, 2012, the total interest rate was 2.98% and 3.00%, respectively.
[5] On September 30, 2013, the Company conveyed the property to the lender by a deed-in-lieu of foreclosure. As a result, the Company has been discharged from this non-recourse loan (See Note 15—Discontinued Operations).
[6] On June 4, 2013, the loan was paid off in full, which resulted in a gain of $2,791 on the early extinguishment of debt.
[7] 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.
[8] On January 3, 2013, the Company exercised its option to borrow an additional $146,000 on the loan.
[9] The loan bears interest at LIBOR plus 2.25% and matures on March 1, 2017. At September 30, 2013 and December 31, 2012, the total interest rate was 3.06% and 3.09%, respectively.
[10] On August 26, 2013, the loan was paid off in full
[11] The loan bears interest at LIBOR plus 4.0% with a LIBOR rate floor of 0.50% and matures on December 30, 2013. At September 30, 2013 and December 31, 2012, the total interest rate was 5.21%.
[12] On May 30, 2013, the consolidated 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.
[13] On April 30, 2013, the existing loan on Vintage Faire Mall was paid off in full, resulting in a loss of $853 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.
[14] The loan bears interest at LIBOR plus 2.63% and matures on January 18, 2016. At September 30, 2013 and December 31, 2012, the total interest rate was 3.02% and 3.04%, respectively.
[15] The loan bears interest at LIBOR plus 2.25% and matures on November 6, 2014. At September 30, 2013 and December 31, 2012, the total interest rate was 2.74% and 2.12%, respectively.
[16] On August 1, 2013, the loan was paid off in full
[17] The interest rate disclosed represents the effective interest rate, including the debt premiums (discounts) and deferred finance costs.
[18] The monthly debt service represents the payment of principal and interest.