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Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Information (Unaudited) [Abstract]  
Quarterly Information (Unaudited)
QUARTERLY INFORMATION (UNAUDITED)
 
The following quarterly information differs from previously reported amounts due to the reclassifications of the results of operations of certain long-lived assets to discontinued operations for all periods presented. See Note 4 for further information.

Year Ended December 31, 2012
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total (1)
Total revenues
$
246,469

 
$
251,844

 
$
256,359

 
$
278,005

 
$
1,032,677

Income from operations (2)
91,702

 
94,400

 
96,331

 
95,999

 
378,432

Income from continuing operations (3)
34,533

 
36,100

 
37,425

 
84,429

 
192,487

Discontinued operations
2,018

 
3,293

 
(24,933
)
 
1,654

 
(17,968
)
Net income
36,551

 
39,393

 
12,492

 
86,083

 
174,519

Net income attributable to the Company
26,049

 
29,391

 
8,074

 
68,086

 
131,600

Net income (loss) attributable to common shareholders
15,455

 
18,797

 
(2,520
)
 
52,357

 
84,089

Basic per share data attributable to common shareholders:
 
 

 
 

 
 

 
 

Income from continuing operations, net of preferred dividends
$
0.09

 
$
0.11

 
$
0.11

 
$
0.32

 
$
0.64

Net income (loss) attributable to common shareholders
$
0.10

 
$
0.12

 
$
(0.02
)
 
$
0.33

 
$
0.54

Diluted per share data attributable to common shareholders:
 
 

 
 

 
 

 
 

Income from continuing operations, net of preferred dividends
$
0.09

 
$
0.11

 
$
0.11

 
$
0.32

 
$
0.64

Net income (loss) attributable to common shareholders
$
0.10

 
$
0.12

 
$
(0.02
)
 
$
0.33

 
$
0.54


Year Ended December 31, 2011
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total (1)
Total revenues
$
262,678

 
$
258,039

 
$
264,699

 
$
264,546

 
$
1,049,962

Income from operations (4)
97,933

 
96,041

 
51,257

 
113,349

 
358,580

Income (loss) from continuing operations (5)
36,283

 
32,813

 
(18,499
)
 
110,325

 
160,922

Discontinued operations
27,625

 
(3,281
)
 
179

 
(451
)
 
24,072

Net income (loss)
63,908

 
29,532

 
(18,320
)
 
109,874

 
184,994

Net income (loss) attributable to the Company
47,319

 
20,376

 
(16,726
)
 
82,967

 
133,936

Net income (loss) attributable to common shareholders
36,725

 
9,782

 
(27,320
)
 
72,373

 
91,560

Basic per share data attributable to common shareholders:
 

 
 

 
 

 
 

 
 

Income (loss) from continuing operations, net of preferred dividends
$
0.11

 
$
0.08

 
$
(0.19
)
 
$
0.49

 
$
0.49

Net income (loss) attributable to common shareholders
$
0.25

 
$
0.07

 
$
(0.18
)
 
$
0.49

 
$
0.62

Diluted per share data attributable to common shareholders:
 

 
 

 
 

 
 

 
 

Income (loss) from continuing operations, net of preferred dividends
$
0.11

 
$
0.08

 
$
(0.19
)
 
$
0.49

 
$
0.49

Net income (loss) attributable to common shareholders
$
0.25

 
$
0.07

 
$
(0.18
)
 
$
0.49

 
$
0.62

 
(1)
The sum of quarterly earnings per share may differ from annual earnings per share due to rounding.
(2)
Income from operations for the quarter ended December 31, 2012 includes a loss on impairment of real estate assets of $20,315 to write down the book value of vacant land available for expansion (see Note 15).
(3)
Income from continuing operations for the quarter ended December 31, 2012 includes a $45,072 gain on investment related to the Company's acquisition of a joint venture partner's interest in one Property (see Note 3).
(4)
Income from operations for the quarter ended September 30, 2011 includes a $50,683 loss on impairment of real estate related to one Mall (see Note 15).
(5)
Income from continuing operations for the quarter ended December 31, 2011 includes a $54,327 gain on sale of real estate for the sale of a partial interest in several Properties as part of the CBL/T-C joint venture (see Note 5).