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Segment Information
 9 Months Ended
Sep. 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
September 30, 2014
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
228,661

 
$
9,961

 
$
4,598

 
$
15,494

 
$
258,714

Property operating expenses (2)
 
(68,597
)
 
(2,226
)
 
(1,195
)
 
545

 
(71,473
)
Interest expense
 
(50,228
)
 
(1,987
)
 
(649
)
 
(7,350
)
 
(60,214
)
Other expense
 
(1
)
 
—

 
—

 
(7,395
)
 
(7,396
)
Gain (loss) on sales of real estate assets
 
(12
)
 
3

 
33

 
410

 
434

Segment profit
 
$
109,823

 
$
5,751

 
$
2,787

 
$
1,704

 
120,065

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(72,488
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(9,474
)
Interest and other income
 
 

 
 

 
 

 
 

 
463

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
18,282

Loss on impairment
 
 
 
 
 
 
 
 
 
(497
)
Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
3,936

Income tax provision
 
 

 
 

 
 

 
 

 
(3,083
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
57,204

Capital expenditures (3)
 
$
60,484

 
$
1,220

 
$
842

 
$
22,717

 
$
85,263


Three Months Ended
September 30, 2013
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
235,599

 
$
9,930

 
$
5,460

 
$
6,560

 
$
257,549

Property operating expenses (2)
 
(77,556
)
 
(2,519
)
 
(1,034
)
 
6,740

 
(74,369
)
Interest expense
 
(52,477
)
 
(2,032
)
 
(614
)
 
(1,218
)
 
(56,341
)
Other expense
 
—

 
—

 
—

 
(6,371
)
 
(6,371
)
Gain (loss) on sales of real estate assets
 
(3
)
 
—

 
59

 
2

 
58

Segment profit
 
$
105,563

 
$
5,379

 
$
3,871

 
$
5,713

 
120,526

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(68,941
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(10,160
)
Interest and other income
 
 

 
 

 
 

 
 

 
8,809

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
2,270

Income tax provision
 
 

 
 

 
 

 
 

 
(271
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
52,233

Capital expenditures (3)
 
$
52,963

 
$
2,155

 
$
2,438

 
$
23,483

 
$
81,039


Nine Months Ended
September 30, 2014
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
683,494

 
$
31,104

 
$
13,847

 
$
48,445

 
$
776,890

Property operating expenses (2)
 
(210,553
)
 
(6,981
)
 
(3,784
)
 
2,083

 
(219,235
)
Interest expense
 
(148,822
)
 
(5,983
)
 
(1,949
)
 
(23,243
)
 
(179,997
)
Other expense
 
(20
)
 
—

 
—

 
(21,311
)
 
(21,331
)
Gain on sales of real estate assets
 
1,654

 
937

 
489

 
433

 
3,513

Segment profit
 
$
325,753

 
$
19,077

 
$
8,603

 
$
6,407

 
359,840

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(212,180
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(35,583
)
Interest and other income
 
 

 
 

 
 

 
 

 
3,535

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
60,942

Loss on impairment
 
 
 
 
 
 
 
 
 
(17,753
)
Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
11,038

Income tax provision
 
 

 
 

 
 

 
 

 
(4,266
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
165,573

Total assets
 
$
5,644,948

 
$
274,845

 
$
284,691

 
$
428,227

 
$
6,632,711

Capital expenditures (3)
 
$
144,123

 
$
13,906

 
$
2,439

 
$
78,208

 
$
238,676


Nine Months Ended
September 30, 2013
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
706,555

 
$
31,437

 
$
13,345

 
$
20,278

 
$
771,615

Property operating expenses (2)
 
(231,302
)
 
(7,701
)
 
(2,451
)
 
23,065

 
(218,389
)
Interest expense
 
(160,603
)
 
(6,125
)
 
(1,735
)
 
(4,911
)
 
(173,374
)
Other expense
 
—

 
—

 
—

 
(21,217
)
 
(21,217
)
Gain on sales of real estate assets
 
345

 
—

 
59

 
654

 
1,058

Segment profit
 
$
314,995

 
$
17,611

 
$
9,218

 
$
17,869

 
359,693

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(206,115
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(36,459
)
Interest and other income
 
 

 
 

 
 

 
 

 
10,197

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

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
7,618

Income tax provision
 
 

 
 

 
 

 
 

 
(854
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
106,334

Total assets
 
$
6,198,268

 
$
277,195

 
$
235,647

 
$
155,555

 
$
6,866,665

Capital expenditures (3)
 
$
155,130

 
$
9,621

 
$
5,036

 
$
107,859

 
$
277,646

(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.