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Related-Party Transactions:
12 Months Ended
Dec. 31, 2013
Related Party Transactions [Abstract]  
Related Party Transactions:
Related Party Transactions:
Certain unconsolidated joint ventures 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 years ended December 31:
 
2013
 
2012
 
2011
Management Fees
$
21,993

 
$
24,007

 
$
26,838

Development and Leasing Fees
10,859

 
13,165

 
9,955

 
$
32,852

 
$
37,172

 
$
36,793



Certain mortgage notes on the properties are held by NML (See Note 10Mortgage Notes Payable). Interest expense in connection with these notes was $15,016, $15,386 and $16,743 for the years ended December 31, 2013, 2012 and 2011, respectively. Included in accounts payable and accrued expenses is interest payable to this related party of $1,240 and $1,264 at December 31, 2013 and 2012, respectively.
As of December 31, 2013 and 2012, the Company had loans to unconsolidated joint ventures of $2,756 and $3,345, respectively. Interest income associated with these notes was $281, $254 and $276 for the years ended December 31, 2013, 2012 and 2011, respectively. These loans represent initial funds advanced to development stage projects prior to construction loan funding. Correspondingly, loan payables in the same amount have been accrued as an obligation by the various joint ventures.
Due from affiliates includes $3,822 and $4,568 of unreimbursed costs and fees due from unconsolidated joint ventures under management agreements at December 31, 2013 and 2012, respectively.
Due from affiliates at December 31, 2013 and 2012 also includes two notes receivable from principals of AWE/Talisman that bear interest at 5.0% and mature based on the refinancing or sale of Fashion Outlets of Chicago, or certain other specified events. 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. The balance on these notes was $13,603 and $12,500 at December 31, 2013 and 2012, respectively. Interest income earned on these notes was $625 and $478 for the years ended December 31, 2013 and 2012, respectively.
In addition, due from affiliates at December 31, 2013 includes a note receivable of $12,707 from RED/303 LLC ("RED") that bears interest at 5.25% and matures on March 29, 2016. Interest income earned on this note was $525 for the year ended December 31, 2013. 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.