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Segment Information
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
The Company measures performance and allocates resources according to property type, which is determined based on certain criteria such as type of tenants, capital requirements, economic risks, leasing terms, and short and long-term returns on capital. Rental income and tenant reimbursements from tenant leases provide the majority of revenues from all segments. Information on the Company’s reportable segments is presented as follows, restated for discontinued operations in all periods presented:

Three Months Ended
June 30, 2014
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
224,960

 
$
10,287

 
$
4,711

 
$
16,975

 
$
256,933

Property operating expenses (2)
 
(67,662
)
 
(2,260
)
 
(932
)
 
615

 
(70,239
)
Interest expense
 
(48,578
)
 
(1,996
)
 
(651
)
 
(8,052
)
 
(59,277
)
Other expense
 
(19
)
 
—

 
—

 
(7,371
)
 
(7,390
)
Gain on sales of real estate assets
 
536

 
933

 
455

 
1

 
1,925

Segment profit
 
$
109,237

 
$
6,964

 
$
3,583

 
$
2,168

 
121,952

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(70,609
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(11,336
)
Interest and other income
 
 

 
 

 
 

 
 

 
1,544

Loss on impairment
 
 
 
 
 
 
 
 
 
(106
)
Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
3,418

Income tax provision
 
 

 
 

 
 

 
 

 
(786
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
44,077

Capital expenditures (3)
 
$
50,702

 
$
3,414

 
$
1,069

 
$
15,734

 
$
70,919


Three Months Ended
June 30, 2013
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
219,335

 
$
10,902

 
$
4,226

 
$
21,122

 
$
255,585

Property operating expenses (2)
 
(68,564
)
 
(2,506
)
 
(883
)
 
3,672

 
(68,281
)
Interest expense
 
(51,459
)
 
(2,047
)
 
(544
)
 
(3,159
)
 
(57,209
)
Other expense
 
—

 
—

 
—

 
(8,191
)
 
(8,191
)
Gain on sales of real estate assets
 
—

 
—

 
—

 
457

 
457

Segment profit
 
$
99,312

 
$
6,349

 
$
2,799

 
$
13,901

 
122,361

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(68,117
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(12,876
)
Interest and other income
 
 

 
 

 
 

 
 

 
661

Loss on extinguishment of debt
 
 
 
 
 
 
 
 
 
(9,108
)
Loss on impairment
 
 
 
 
 
 
 
 
 
(21,038
)
Gain on investment
 
 
 
 
 
 
 
 
 
2,400

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
2,729

Income tax provision
 
 

 
 

 
 

 
 

 
(757
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
16,255

Capital expenditures (3)
 
$
82,610

 
$
6,460

 
$
1,414

 
$
44,314

 
$
134,798


Six Months Ended
June 30, 2014
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
454,833

 
$
21,143

 
$
9,249

 
$
32,951

 
$
518,176

Property operating expenses (2)
 
(141,956
)
 
(4,755
)
 
(2,589
)
 
1,538

 
(147,762
)
Interest expense
 
(98,594
)
 
(3,996
)
 
(1,300
)
 
(15,893
)
 
(119,783
)
Other expense
 
(19
)
 
—

 
—

 
(13,916
)
 
(13,935
)
Gain on sales of real estate assets
 
1,666

 
934

 
456

 
23

 
3,079

Segment profit
 
$
215,930

 
$
13,326

 
$
5,816

 
$
4,703

 
239,775

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(139,692
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(26,109
)
Interest and other income
 
 

 
 

 
 

 
 

 
3,072

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
42,660

Loss on impairment
 
 
 
 
 
 
 
 
 
(17,256
)
Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
7,102

Income tax provision
 
 

 
 

 
 

 
 

 
(1,183
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
108,369

Total assets
 
$
5,707,536

 
$
272,940

 
$
287,861

 
$
433,177

 
$
6,701,514

Capital expenditures (3)
 
$
83,639

 
$
12,686

 
$
1,597

 
$
55,491

 
$
153,413


Six Months Ended
June 30, 2013
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
450,929

 
$
21,507

 
$
7,885

 
$
33,746

 
$
514,067

Property operating expenses (2)
 
(146,579
)
 
(5,182
)
 
(1,417
)
 
9,158

 
(144,020
)
Interest expense
 
(104,396
)
 
(4,093
)
 
(1,121
)
 
(7,423
)
 
(117,033
)
Other expense
 
—

 
—

 
—

 
(14,847
)
 
(14,847
)
Gain on sales of real estate assets
 
295

 
—

 
—

 
705

 
1,000

Segment profit
 
$
200,249

 
$
12,232

 
$
5,347

 
$
21,339

 
239,167

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(137,173
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(26,300
)
Interest and other income
 
 

 
 

 
 

 
 

 
1,388

Loss on extinguishment of debt
 
 
 
 
 
 
 
 
 
(9,108
)
Loss on impairment
 
 
 
 
 
 
 
 
 
(21,038
)
Gain on investment
 
 
 
 
 
 
 
 
 
2,400

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
5,348

Income tax provision
 
 

 
 

 
 

 
 

 
(583
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
54,101

Total assets
 
$
6,021,614

 
$
290,856

 
$
243,642

 
$
478,531

 
$
7,034,643

Capital expenditures (3)
 
$
102,167

 
$
7,466

 
$
2,598

 
$
84,376

 
$
196,607

(1)
The All Other category includes mortgage and other notes receivable, office buildings, the Management Company and the Company’s subsidiary that provides security and maintenance services. 
(2)
Property operating expenses include property operating, real estate taxes and maintenance and repairs. 
(3)
Amounts include acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.