XML 66 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8

Subsequent Events	6 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events In July 2014, the Company received payment of a $10,000 note receivable from the buyer of Lakeshore Mall. The Company also received payment from Horizon Group of a $699 note receivable in July 2014. See Note 8 for additional information. In July 2014, two subsidiaries of Mall of South Carolina L.P. and Mall of South Carolina Outparcel L.P., closed on a $126,000 non-recourse loan, secured by Coastal Grand-Myrtle Beach in Myrtle Beach, SC. The loan bears interest at a fixed rate of 4.0865% and matures in August 2024. Net proceeds were used to retire the outstanding borrowings under the previous loan, which had a balance of $75,238 as of June 30, 2014, as well as to pay off $18,000 of subordinated notes to the Company and its joint venture partner, each of which held $9,000 respectively. Excess proceeds were distributed 50/50 to the Company and its partner. The Company has evaluated subsequent events through the date of issuance of these financial statements.

X

- Details

Name:	us-gaap_SubsequentEventsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

No definition available.

+ Details

Name:	us-gaap_SubsequentEventsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration