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Investments in Unconsolidated Joint Ventures: (Tables) | 3 Months Ended
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Mar. 31, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Combined and Condensed Balance Sheets of Unconsolidated Joint Ventures and Other Related Information | Combined and Condensed Balance Sheets of Unconsolidated Joint Ventures:
| March 31, 2015 |  | December 31, 2014
Assets(1): |  |  |
Properties, net | $ | 2,939,033 |  |  | $ | 2,967,878 |
Other assets | 210,689 |  |  | 208,726 |
Total assets | $ | 3,149,722 |  |  | $ | 3,176,604 |
Liabilities and partners' capital(1): |  |  |
Mortgage notes payable(2) | $ | 1,972,066 |  |  | $ | 2,038,379 |
Other liabilities | 188,704 |  |  | 195,766 |
Company's capital | 513,153 |  |  | 489,349 |
Outside partners' capital | 475,799 |  |  | 453,110 |
Total liabilities and partners' capital | $ | 3,149,722 |  |  | $ | 3,176,604 |
Investments in unconsolidated joint ventures: |  |  |
Company's capital | $ | 513,153 |  |  | $ | 489,349 |
Basis adjustment(3) | 464,776 |  |  | 464,826 |
| $ | 977,929 |  |  | $ | 954,175 |
Assets—Investments in unconsolidated joint ventures | $ | 1,006,652 |  |  | $ | 984,132 |
Liabilities—Distributions in excess of investments in unconsolidated joint ventures | (28,723 | ) |  | (29,957 | )
| $ | 977,929 |  |  | $ | 954,175 |
(1) | These amounts include the assets of Tysons Corner Center of $338,546 and $341,931 as of March 31, 2015 and December 31, 2014, respectively, and liabilities of Tysons Corner Center of $866,832 and $871,933 as of March 31, 2015 and December 31, 2014, respectively.
(2) | Certain mortgage notes payable could become recourse debt to the Company should the joint venture be unable to discharge the obligations of the related debt. As of March 31, 2015 and December 31, 2014, a total of $6,500 and $33,540, respectively, could become recourse debt to the Company. As of March 31, 2015 and December 31, 2014, the Company had an indemnity agreement from a joint venture partner for $3,250 and $16,770, respectively, of the guaranteed amount.
Included in mortgage notes payable are amounts due to an affiliate of Northwestern Mutual Life ("NML") of $603,651 and $606,263 as of March 31, 2015 and December 31, 2014, respectively. NML is considered a related party because it is a joint venture partner with the Company in Macerich Northwestern Associates—Broadway Plaza. Interest expense on these borrowings was $8,508 and $9,724 for the three months ended March 31, 2015 and 2014, respectively.
(3) | The Company amortizes the difference between the cost of its investments in unconsolidated joint ventures and the book value of the underlying equity into income on a straight-line basis consistent with the lives of the underlying assets. The amortization of this difference was $420 and $1,424 for the three months ended March 31, 2015 and 2014, respectively.
Combined and Condensed Statements of Operations of Unconsolidated Joint Ventures | Combined and Condensed Statements of Operations of Unconsolidated Joint Ventures:
| Pacific Premier Retail LP |  | Tysons Corner LLC |  | Other Joint Ventures |  | Total
Three Months Ended March 31, 2015 |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |
Minimum rents | $ | — |  |  | $ | 17,028 |  |  | $ | 50,494 |  |  | $ | 67,522 |
Percentage rents | — |  |  | 329 |  |  | 1,294 |  |  | 1,623 |
Tenant recoveries | — |  |  | 12,262 |  |  | 20,101 |  |  | 32,363 |
Other | — |  |  | 593 |  |  | 6,997 |  |  | 7,590 |
Total revenues | — |  |  | 30,212 |  |  | 78,886 |  |  | 109,098 |
Expenses: |  |  |  |  |  |  |
Shopping center and operating expenses | — |  |  | 9,948 |  |  | 32,230 |  |  | 42,178 |
Interest expense | — |  |  | 8,129 |  |  | 12,254 |  |  | 20,383 |
Depreciation and amortization | — |  |  | 5,450 |  |  | 24,220 |  |  | 29,670 |
Total operating expenses | — |  |  | 23,527 |  |  | 68,704 |  |  | 92,231 |
Net income | $ | — |  |  | $ | 6,685 |  |  | $ | 10,182 |  |  | $ | 16,867 |
Company's equity in net income | $ | — |  |  | $ | 3,006 |  |  | $ | 5,268 |  |  | $ | 8,274 |
Three Months Ended March 31, 2014 |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |
Minimum rents | $ | 26,080 |  |  | $ | 16,278 |  |  | $ | 55,899 |  |  | $ | 98,257 |
Percentage rents | 659 |  |  | 424 |  |  | 968 |  |  | 2,051 |
Tenant recoveries | 11,740 |  |  | 11,894 |  |  | 25,111 |  |  | 48,745 |
Other | 1,077 |  |  | 687 |  |  | 7,855 |  |  | 9,619 |
Total revenues | 39,556 |  |  | 29,283 |  |  | 89,833 |  |  | 158,672 |
Expenses: |  |  |  |  |  |  |
Shopping center and operating expenses | 11,131 |  |  | 10,159 |  |  | 33,880 |  |  | 55,170 |
Interest expense | 10,098 |  |  | 7,830 |  |  | 19,571 |  |  | 37,499 |
Depreciation and amortization | 8,798 |  |  | 4,602 |  |  | 21,523 |  |  | 34,923 |
Total operating expenses | 30,027 |  |  | 22,591 |  |  | 74,974 |  |  | 127,592 |
Loss on sale or write down of assets, net | (86 | ) |  | — |  |  | (18 | ) |  | (104 | )
Net income | $ | 9,443 |  |  | $ | 6,692 |  |  | $ | 14,841 |  |  | $ | 30,976 |
Company's equity in net income | $ | 4,268 |  |  | $ | 1,758 |  |  | $ | 7,743 |  |  | $ | 13,769 |
Equity Method Investments, Summarized Financial Information Balance Sheet Significant Subsidiaries | These amounts include the assets of Tysons Corner Center of $338,546 and $341,931 as of March 31, 2015 and December 31, 2014, respectively, and liabilities of Tysons Corner Center of $866,832 and $871,933 as of March 31, 2015 and December 31, 2014, respectively.

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