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Subsequent Events:
3 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events:
Subsequent Events:
On April 13, 2016, the Company sold Capitola Mall, a 586,000 square foot regional shopping center in Capitola, California, for $93,000. The Company used the proceeds from the sale to pay down its line of credit and for general corporate purposes.
On April 19, 2016, the Company completed an ASR and took delivery of an additional 861,235 shares. Upon the completion of the ASR, the Company repurchased a total of 5,083,428 shares with an average price of $78.69 per share (See Note 12Stockholders' Equity).
On April 26, 2016, the Company announced a dividend/distribution of $0.68 per share for common stockholders and OP Unit holders of record on May 5, 2016. All dividends/distributions will be paid 100% in cash on June 3, 2016.