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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Minimum rents $ 149,220 $ 140,214 $ 300,852 $ 277,241
Percentage rents 2,372 2,516 5,222 6,498
Tenant recoveries 83,375 81,674 174,850 160,632
Management Companies 8,776 10,301 16,897 20,451
Other 10,594 11,173 21,024 24,361
Total revenues 254,337 245,878 518,845 489,183
Expenses:        
Shopping center and operating expenses 81,865 78,682 172,225 157,290
Management Companies' operating expenses 20,896 22,816 43,677 45,965
REIT general and administrative expenses 5,123 6,693 12,006 12,717
Depreciation and amortization 87,801 88,579 176,457 175,596
Total expenses before interest 195,685 196,770 404,365 391,568
Interest expense:        
Related parties 3,690 3,764 7,398 7,544
Other 42,110 46,611 84,740 92,513
Total interest expense 45,800 50,375 92,138 100,057
(Gain) loss on extinguishment of debt, net 0 (1,943) 358 (1,943)
Total expenses 241,485 245,202 496,861 489,682
Equity in income of unconsolidated joint ventures 13,903 92,201 27,672 110,316
Co-venture expense (2,212) (2,138) (4,032) (4,179)
Income tax benefit 2,898 1,477 3,070 1,721
(Loss) gain on remeasurement, sale or write down of assets, net (9,455) (798) (11,065) 4,030
Income from continuing operations 17,986 91,418 37,629 111,389
Discontinued operations:        
Gain on the disposition of assets, net 0 141,906 0 141,912
Income from discontinued operations 0 1,492 0 4,044
Total income from discontinued operations 0 143,398 0 145,956
Net income 17,986 234,816 37,629 257,345
Less net income attributable to noncontrolling interests 1,898 15,819 3,722 20,256
Net income attributable to the Company $ 16,088 $ 218,997 $ 33,907 $ 237,089
Earnings per common share attributable to Company—basic: (in dollars per share)        
Income from continuing operations $ 0.11 $ 0.61 $ 0.24 $ 0.73
Discontinued operations $ 0.00 $ 0.96 $ 0.00 $ 0.98
Net income attributable to common stockholders $ 0.11 $ 1.57 $ 0.24 $ 1.71
Earnings per common share attributable to Company—diluted: (in dollars per share)        
Income from continuing operations $ 0.11 $ 0.61 $ 0.24 $ 0.73
Discontinued operations $ 0.00 $ 0.96 $ 0.00 $ 0.98
Net income attributable to common stockholders $ 0.11 $ 1.57 $ 0.24 $ 1.71
Weighted average number of common shares outstanding: (in shares)        
Basic 140,894 139,372 140,831 138,460
Diluted 141,036 [1] 139,526 [1] 140,929 [1] 138,581 [1]
[1] Diluted EPS excludes 184,304 convertible preferred units for the three and six months ended June 30, 2014 and 2013 as their impact was antidilutive.Diluted EPS excludes 10,113,486 and 9,938,795 Operating Partnership units ("OP Units") for the three months ended June 30, 2014 and 2013, respectively, and 10,052,805 and 10,072,120 OP Units for the six months ended June 30, 2014 and 2013, respectively, as their impact was antidilutive.