XML 121 R98.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Segment Reporting Information [Line Items]                      
Revenues $ 235,356 $ 224,650 $ 229,233 $ 238,013 $ 258,493 $ 251,721 $ 254,965 $ 263,078 $ 927,252 $ 1,028,257 $ 1,055,018
Property operating expenses                 (260,553) (281,456) (283,345)
Interest expense                 (218,680) (216,318) (229,343)
Other expense                 (5,180) (20,326) (26,957)
Gain on sales of real estate assets                 93,792 29,567 32,232
Segment profit (loss)                 536,631 539,724 547,605
Depreciation and amortization expense                 (299,090) (292,693) (299,069)
General and administrative expense                 (58,466) (63,332) (62,118)
Interest and other income                 1,706 1,524 6,467
Gain on extinguishment of debt                 30,927   256
Impairment of Real Estate                 (71,401) (116,822) (105,945)
Loss on investment                 (6,197) 7,534 16,560
Income tax benefit (provision)                 1,933 2,063 (2,941)
Equity in earnings of unconsolidated affiliates                 22,939 117,533 18,200
Income from continuing operations                 157,049 195,531 119,015
Total assets 5,704,808       6,104,640       5,704,808 6,104,640 6,479,991
Capital expenditures                 183,117 267,803 424,813
Malls                      
Segment Reporting Information [Line Items]                      
Revenues                 847,979 928,214 944,553
Property operating expenses                 (244,282) (268,898) (274,288)
Interest expense                 (120,414) (143,903) (166,922)
Other expense                 0 0 (19)
Gain on sales of real estate assets                 75,980 481 264
Segment profit (loss)                 559,263 515,894 503,588
Total assets 5,152,789       5,383,937       5,152,789 5,383,937 5,766,084
Capital expenditures                 174,327 165,230 393,194
All Other                      
Segment Reporting Information [Line Items]                      
Revenues                 79,273 100,043 110,465
Property operating expenses                 (16,271) (12,558) (9,057)
Interest expense                 (98,266) (72,415) (62,421)
Other expense                 (5,180) (20,326) (26,938)
Gain on sales of real estate assets                 17,812 29,086 31,968
Segment profit (loss)                 (22,632) 23,830 44,017
Total assets $ 552,019       $ 720,703       552,019 720,703 713,907
Capital expenditures                 $ 8,790 $ 102,573 $ 31,619