XML 82 R69.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Subsequent Events: (Details) (USD $) | 0 Months Ended |  |
--- | --- | --- | ---
Apr. 24, 2015 | Apr. 17, 2015 | Apr. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2014
Subsequent events |  |  |  |  |
Related parties |  |  |  | $ 286,849,000 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent | $ 289,039,000 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent
Lakewood Center Mortgage |  |  |  |  |
Subsequent events |  |  |  |  |
Related parties |  |  |  | 0 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent / us-gaap_DebtInstrumentAxis = mac_LakewoodCenterMortgageMember | 0 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent / us-gaap_DebtInstrumentAxis = mac_LakewoodCenterMortgageMember
Subsequent event |  |  |  |  |
Subsequent events |  |  |  |  |
Dividend declared (in dollars per share) | $ 0.65 us-gaap_CommonStockDividendsPerShareDeclared / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |
Subsequent event | Lakewood Center Mortgage |  |  |  |  |
Subsequent events |  |  |  |  |
Related parties |  | 410,000 us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent / us-gaap_DebtInstrumentAxis = mac_LakewoodCenterMortgageMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |
Effective Interest Rate (as a percent) |  | 3.43%us-gaap_DebtInstrumentInterestRateEffectivePercentage / us-gaap_DebtInstrumentAxis = mac_LakewoodCenterMortgageMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |
Term (in years) |  | 11 years |  |  |
Subsequent event | Sears Locations |  |  |  |  |
Subsequent events |  |  |  |  |
Number of stores |  |  | 9 us-gaap_NumberOfStores / us-gaap_BusinessAcquisitionAxis = mac_SearsLocationsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Ownership percentage acquired |  |  | 50.00%mac_JointVentureOwnershipPercentagePurchased / us-gaap_BusinessAcquisitionAxis = mac_SearsLocationsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Purchase price |  |  | $ 150,000,000 us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = mac_SearsLocationsMember / 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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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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