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Subsequent Events:
6 Months Ended
Jun. 30, 2014
Subsequent Events [Abstract]  
Subsequent Events:
Subsequent Events:
On July 24, 2014, the Company announced a dividend/distribution of $0.62 per share for common stockholders and OP Unit holders of record on August 20, 2014. All dividends/distributions will be paid 100% in cash on September 5, 2014.
On July 30, 2014, the Company formed a joint venture with Pennsylvania Real Estate Investment Trust to redevelop The Gallery, a 1,400,000 square foot regional shopping center in Philadelphia, Pennsylvania. The Company invested $106,800 for a 50% interest in the joint venture, which was funded by borrowings under its line of credit.