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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES:      
Minimum rents $ 662,018 $ 667,090 $ 663,156
Percentage rents 17,995 17,149 17,367
Other rents 22,659 22,427 22,535
Tenant reimbursements 287,866 301,510 305,095
Management, development and leasing fees 10,772 6,935 6,416
Other 31,367 34,851 29,249
Total revenues 1,032,677 1,049,962 1,043,818
OPERATING EXPENSES:      
Property operating 145,590 148,715 143,785
Depreciation and amortization 265,192 270,828 279,936
Real estate taxes 90,368 91,586 94,650
Maintenance and repairs 52,387 55,301 54,536
General and administrative 51,251 44,750 43,383
Loss on impairment of real estate 24,379 [1] 51,304 [1] 1,156 [1]
Other 25,078 28,898 25,523
Total operating expenses 654,245 691,382 642,969
Income from operations 378,432 358,580 400,849
Interest and other income 3,955 2,582 3,868
Interest expense (244,432) (267,072) (281,102)
Gain on extinguishment of debt 265 1,029 0
Gain on investments 45,072 0 888
Gains on Sales of Investment Real Estate 2,286 59,396 2,887
Equity in earnings (losses) of unconsolidated affiliates 8,313 6,138 (188)
Income tax provision (benefit) (1,404) 269 6,417
Income from continuing operations 192,487 160,922 [1] 133,619 [1]
Operating income (loss) of discontinued operations (18,906) 24,073 (35,828)
Gain (loss) on discontinued operations 938 (1) 379
Net income 174,519 184,994 98,170
Net income attributable to noncontrolling interests in:      
Operating partnership (19,267) (25,841) (11,018)
Other consolidated subsidiaries (23,652) (25,217) (25,001)
Net income attributable to the Company 131,600 133,936 62,151
Preferred dividends (47,511) (42,376) (32,619)
Net income attributable to common shareholders 84,089 91,560 29,532
Basic per share data attributable to common shareholders:      
Income from continuing operations, net of preferred dividends $ 0.64 [2] $ 0.49 $ 0.40
Discontinued operations $ (0.10) $ 0.13 $ (0.19)
Net income attributable to common shareholders $ 0.54 [2] $ 0.62 $ 0.21
Weighted average common shares outstanding 154,762 148,289 138,375
Diluted per share data attributable to common shareholders:      
Income from continuing operations, net of preferred dividends $ 0.64 [2] $ 0.49 $ 0.40
Discontinued operations $ (0.10) $ 0.13 $ (0.19)
Net income attributable to common shareholders $ 0.54 [2] $ 0.62 $ 0.21
Weighted average common and potential dilutive common shares outstanding 154,807 148,334 138,416
Amounts attributable to common shareholders:      
Income from continuing operations, net of preferred dividends 98,708 72,805 55,349
Discontinued operations (14,619) 18,755 (25,817)
Net income attributable to common shareholders $ 84,089 $ 91,560 $ 29,532
[1] The referenced amounts for the years ended December 31, 2011 and 2010 have been restated. See Note 2 for more information. Loss on impairment of real estate for the year ended December 31, 2012 consisted of $20,315 related to Malls, $3,000 related to Associated Centers and $1,064 related to All Other. Loss on impairment of real estate for the year ended December 31, 2011 consisted of $50,683 related to Malls and $621 related to All Other. Loss on impairment of real estate for the year ended December 31, 2010 consisted of $1,156 related to All Other.
[2] The sum of quarterly earnings per share may differ from annual earnings per share due to rounding.