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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Business Segments
(Dollars in thousands)
 Shopping
Centers
 
Mixed-Use
Properties
 
Corporate
and Other
 
Consolidated
Totals
Three months ended June 30, 2015
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
38,300

 
$
13,398

 
$
13

 
$
51,711

Expenses
(7,954
)
 
(4,532
)
 
—

 
(12,486
)
Income from real estate
30,346

 
8,866

 
13

 
39,225

Interest expense and amortization of deferred debt costs
—

 
—

 
(11,353
)
 
(11,353
)
General and administrative
—

 
—

 
(4,139
)
 
(4,139
)
Subtotal
30,346

 
8,866

 
(15,479
)
 
23,733

Depreciation and amortization of deferred leasing costs
(7,538
)
 
(3,273
)
 
—

 
(10,811
)
Gain on sale of property
11

 
—

 
—

 
11

Net income (loss)
$
22,819

 
$
5,593

 
$
(15,479
)
 
$
12,933

Capital investment
$
2,533

 
$
12,420

 
$
—

 
$
14,953

Total assets
$
934,631

 
$
322,538

 
$
20,874

 
$
1,278,043

 
 
 
 
 
 
 
 
Three months ended June 30, 2014
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
39,056

 
$
13,210

 
$
20

 
$
52,286

Expenses
(8,002
)
 
(3,827
)
 
—

 
(11,829
)
Income from real estate
31,054

 
9,383

 
20

 
40,457

Interest expense and amortization of deferred debt costs
—

 
—

 
(11,486
)
 
(11,486
)
General and administrative
—

 
—

 
(4,023
)
 
(4,023
)
Acquisition related costs
(216
)
 
—

 
—

 
(216
)
Subtotal
30,838

 
9,383

 
(15,489
)
 
24,732

Depreciation and amortization of deferred leasing costs
(6,911
)
 
(3,398
)
 
—

 
(10,309
)
Gain on sale of property
6,069

 
—

 
—

 
6,069

Change in fair value of derivatives
—

 
—

 
(5
)
 
(5
)
Net income (loss)
$
29,996

 
$
5,985

 
$
(15,494
)
 
$
20,487

Capital investment
$
13,592

 
$
4,865

 
$
—

 
$
18,457

Total assets
$
906,399

 
$
297,009

 
$
24,020

 
$
1,227,428

 
 
 
 
 
 
 
 
(Dollars in thousands)
 Shopping
Centers
 
Mixed-Use
Properties
 
Corporate
and Other
 
Consolidated
Totals
Six months ended June 30, 2015
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
77,664

 
$
26,109

 
$
26

 
$
103,799

Expenses
(17,490
)
 
(8,759
)
 
—

 
(26,249
)
Income from real estate
60,174

 
17,350

 
26

 
77,550

Interest expense and amortization of deferred debt costs
—

 
—

 
(22,759
)
 
(22,759
)
General and administrative
—

 
—

 
(7,910
)
 
(7,910
)
Acquisition related costs
(21
)
 
—

 
—

 
(21
)
Subtotal
60,153

 
17,350

 
(30,643
)
 
46,860

Depreciation and amortization of deferred leasing costs
(14,854
)
 
(6,397
)
 
—

 
(21,251
)
Gain on sale of property
11

 
—

 
—

 
11

Change in fair value of derivatives
—

 
—

 
(6
)
 
(6
)
Net income (loss)
$
45,310

 
$
10,953

 
$
(30,649
)
 
$
25,614

Capital investment
$
5,479

 
$
20,098

 
$
—

 
$
25,577

Total assets
$
934,631

 
$
322,538

 
$
20,874

 
$
1,278,043

 
 
 
 
 
 
 
 
Six months ended June 30, 2014
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
78,875

 
$
26,323

 
$
35

 
$
105,233

Expenses
(17,492
)
 
(7,578
)
 
—

 
(25,070
)
Income from real estate
61,383

 
18,745

 
35

 
80,163

Interest expense and amortization of deferred debt costs
—

 
—

 
(22,953
)
 
(22,953
)
General and administrative
—

 
—

 
(8,703
)
 
(8,703
)
Acquisition related costs
(379
)
 
—

 
—

 
(379
)
Predevelopment expenses
—

 
(503
)
 
—

 
(503
)
Subtotal
61,004

 
18,242

 
(31,621
)
 
47,625

Depreciation and amortization of deferred leasing costs
(13,808
)
 
(6,681
)
 
—

 
(20,489
)
Gain on sale of property
6,069

 
—

 
—

 
6,069

Change in fair value of derivatives
—

 
—

 
(7
)
 
(7
)
Net income (loss)
$
53,265

 
$
11,561

 
$
(31,628
)
 
$
33,198

Capital investment
$
24,324

 
$
8,021

 
$
—

 
$
32,345

Total assets
$
906,399

 
$
297,009

 
$
24,020

 
$
1,227,428