XML 77 R93.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Subsequent Events: (Details) (USD $) | 12 Months Ended | 0 Months Ended |
--- | --- | --- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Jan. 30, 2015 | Feb. 17, 2015 | Feb. 19, 2015
Subsequent events |  |  |  |  |  |
Purchase price paid through assumption of debt by the Company | $ 1,414,659,000 us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 | $ 257,064,000 us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 | $ 420,123,000 us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 |  |  |
Related parties | 289,039,000 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent | 269,381,000 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent |  |  |  |
Subsequent Event |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Dividend/distribution for common stockholders and OP Unit holders (in dollars per share) |  |  |  | $ 0.65 us-gaap_CommonStockDividendsPerShareDeclared / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Subsequent Event | Vintage Faire Mall |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Related parties |  |  |  |  |  | 280,000 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent / us-gaap_DebtInstrumentAxis = mac_VintageFaireMallMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
Interest rate (as a percent) |  |  |  |  |  | 3.49%us-gaap_DebtInstrumentInterestRateEffectivePercentage / us-gaap_DebtInstrumentAxis = mac_VintageFaireMallMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
Inland Center | Subsequent Event |  |  |  |  |  |
Subsequent events |  |  |  |  |  |
Additional ownership interest (as a percent) |  |  |  |  | 50.00%mac_BusinessCombinationStepAcquisitionAdditionalEquityInterestAcquiredPercentage / us-gaap_BusinessAcquisitionAxis = mac_InlandCenterMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Property square footage |  |  |  |  | 933,000 us-gaap_AreaOfRealEstateProperty / us-gaap_BusinessAcquisitionAxis = mac_InlandCenterMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Purchase price on acquisition |  |  |  |  | 51,250,000 us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = mac_InlandCenterMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Purchase price funded by cash payment on acquisition |  |  |  |  | 26,250,000 us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = mac_InlandCenterMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Purchase price paid through assumption of debt by the Company |  |  |  |  | 25,000,000 us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 / us-gaap_BusinessAcquisitionAxis = mac_InlandCenterMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Loan paid off |  |  |  |  | $ 50,000,000 us-gaap_RepaymentsOfDebt / us-gaap_BusinessAcquisitionAxis = mac_InlandCenterMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |

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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6613-128477 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479 + Details
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