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v3.3.0.814

Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2015
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:
Three Months Ended September 30, 2015 |  | Malls |  | Associated Centers |  | Community Centers |  | All Other (1) |  | Total
Revenues |  | $ | 234,095 |  |  | $ | 9,693 |  |  | $ | 5,231 |  |  | $ | 13,616 |  |  | $ | 262,636 |
Property operating expenses (2) |  | (69,690 | ) |  | (2,260 | ) |  | (1,114 | ) |  | 1,145 |  |  | (71,918 | )
Interest expense |  | (39,707 | ) |  | (1,732 | ) |  | (1,003 | ) |  | (14,008 | ) |  | (56,451 | )
Other expense |  | — |  |  | — |  |  | — |  |  | (8,787 | ) |  | (8,787 | )
Gain on sales of real estate assets |  | — |  |  | 2,769 |  |  | — |  |  | 468 |  |  | 3,237 |
Segment profit (loss) |  | $ | 124,698 |  |  | $ | 8,470 |  |  | $ | 3,114 |  |  | $ | (7,566 | ) |  | 128,717 |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | (74,045 | )
General and administrative expense |  |  |  |  |  |  |  |  |  | (12,995 | )
Interest and other income |  |  |  |  |  |  |  |  |  | 579 |
Loss on impairment |  |  |  |  |  |  |  |  |  | (884 | )
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  |  | 3,508 |
Income tax provision |  |  |  |  |  |  |  |  |  | (448 | )
Income from continuing operations |  |  |  |  |  |  |  |  |  | $ | 44,432 |
Capital expenditures (3) |  | $ | 66,311 |  |  | $ | 1,134 |  |  | $ | 489 |  |  | $ | 5,549 |  |  | $ | 73,483 |
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 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 |
Nine Months Ended September 30, 2015 |  | Malls |  | Associated Centers |  | Community Centers |  | All Other (1) |  | Total
Revenues |  | $ | 694,310 |  |  | $ | 30,164 |  |  | $ | 14,925 |  |  | $ | 37,988 |  |  | $ | 777,388 |
Property operating expenses (2) |  | (209,850 | ) |  | (7,206 | ) |  | (3,392 | ) |  | 4,803 |  |  | (215,645 | )
Interest expense |  | (128,168 | ) |  | (5,561 | ) |  | (3,233 | ) |  | (37,400 | ) |  | (174,362 | )
Other expense |  | — |  |  | — |  |  | — |  |  | (21,191 | ) |  | (21,191 | )
Gain on sales of real estate assets |  | 264 |  |  | 16,260 |  |  | — |  |  | 1,643 |  |  | 18,167 |
Segment profit (loss) |  | $ | 356,556 |  |  | $ | 33,657 |  |  | $ | 8,300 |  |  | $ | (14,157 | ) |  | 384,357 |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | (221,550 | )
General and administrative expense |  |  |  |  |  |  |  |  |  | (46,440 | )
Interest and other income |  |  |  |  |  |  |  |  |  | 6,242 |
Gain on extinguishment of debt |  |  |  |  |  |  |  |  |  | 256 |
Loss on impairment |  |  |  |  |  |  |  |  |  | (3,665 | )
Gain on investment |  |  |  |  |  |  |  |  |  | 16,560 |
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  |  | 12,212 |
Income tax provision |  |  |  |  |  |  |  |  |  | (2,004 | )
Income from continuing operations |  |  |  |  |  |  |  |  |  | $ | 145,968 |
Total Assets |  | $ | 5,943,299 |  |  | $ | 258,047 |  |  | $ | 279,598 |  |  | $ | 214,791 |  |  | $ | 6,695,735 |
Capital expenditures (3) |  | $ | 326,607 |  |  | $ | 2,523 |  |  | $ | 1,884 |  |  | $ | 18,978 |  |  | $ | 349,992 |
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 |
(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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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