XML 24 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Business Segments (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Business Segments
(Dollars in thousands)
 Shopping
Centers
 
Mixed-Use
Properties
 
Corporate
and Other
 
Consolidated
Totals
Three months ended March 31, 2015
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
39,364

 
$
12,711

 
$
13

 
$
52,088

Expenses
(9,536
)
 
(4,227
)
 

 
(13,763
)
Income from real estate
29,828

 
8,484

 
13

 
38,325

Interest expense and amortization of deferred debt costs

 

 
(11,406
)
 
(11,406
)
General and administrative

 

 
(3,771
)
 
(3,771
)
Acquisition related costs
(21
)
 

 

 
(21
)
Subtotal
29,807

 
8,484

 
(15,164
)
 
23,127

Depreciation and amortization of deferred leasing costs
(7,316
)
 
(3,124
)
 

 
(10,440
)
Change in fair value of derivatives

 

 
(6
)
 
(6
)
Net income (loss)
$
22,491

 
$
5,360

 
$
(15,170
)
 
$
12,681

Capital investment
$
2,946

 
$
7,678

 
$

 
$
10,624

Total assets
$
937,619

 
$
312,311

 
$
20,681

 
$
1,270,611

 
 
 
 
 
 
 
 
Three months ended March 31, 2014
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
39,819

 
$
13,113

 
$
15

 
$
52,947

Expenses
(9,490
)
 
(3,751
)
 

 
(13,241
)
Income from real estate
30,329

 
9,362

 
15

 
39,706

Interest expense and amortization of deferred debt costs

 

 
(11,467
)
 
(11,467
)
General and administrative

 

 
(4,680
)
 
(4,680
)
Acquisition related costs
(163
)
 

 

 
(163
)
Predevelopment expenses

 
(503
)
 

 
(503
)
Subtotal
30,166

 
8,859

 
(16,132
)
 
22,893

Depreciation and amortization of deferred leasing costs
(6,897
)
 
(3,283
)
 

 
(10,180
)
Change in fair value of derivatives

 

 
(2
)
 
(2
)
Net income (loss)
$
23,269

 
$
5,576

 
$
(16,134
)
 
$
12,711

Capital investment
$
10,732

 
$
3,156

 
$

 
$
13,888

Total assets
$
895,510

 
$
293,919

 
$
15,168

 
$
1,204,597