XML 48 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Land $ 2,173,601 $ 2,209,970
Buildings 6,862,392 6,949,440
Fixtures and tenant improvements 597,916 599,221
Total real estate rental property 9,633,909 9,758,631
Less: Accumulated depreciation (1,854,710) (1,823,199)
Real estate rental property, net 7,779,199 7,935,432
Land held for development and construction in progress 463,513 452,980
Real estate held for sale, net 0 12,670
Total real estate assets, net 8,242,712 8,401,082
Investments in and advances to joint ventures 441,265 448,008
Cash and cash equivalents 163,835 86,664
Restricted cash 30,137 33,476
Notes receivable, net 78,945 78,338
Other assets, net 607,292 645,505
Total assets 9,564,186 9,693,073
Unsecured indebtedness:    
Senior notes 2,757,007 2,754,120
Unsecured term loan 350,000 350,000
Revolving credit facilities 28,318 29,133
Total unsecured indebtedness 3,135,325 3,133,253
Secured indebtedness:    
Secured term loan 400,000 400,000
Mortgage indebtedness 1,708,591 1,761,421
Total secured indebtedness 2,108,591 2,161,421
Total indebtedness 5,243,916 5,294,674
Accounts payable and other liabilities 408,017 415,413
Dividends payable 62,312 55,107
Total liabilities 5,714,245 5,765,194
Commitments and contingencies (Note 8)      
DDR Equity:    
Common shares, with par value, $0.10 stated value; 600,000,000 shares authorized; 359,469,367 and 359,378,751 shares issued at March 31, 2014 and December 31, 2013, respectively 35,947 35,938
Paid-in capital 5,418,437 5,417,363
Accumulated distributions in excess of net income (1,994,590) (1,915,638)
Deferred compensation obligation 16,664 16,702
Accumulated other comprehensive loss (31,036) (36,493)
Less: Common shares in treasury at cost: 1,010,390 and 1,030,053 shares at March 31, 2014 and December 31, 2013, respectively (17,231) (18,211)
Total DDR shareholders’ equity 3,833,191 3,904,661
Non-controlling interests 16,750 23,218
Total equity 3,849,941 3,927,879
Total liabilities and equity 9,564,186 9,693,073
Class H Preferred Shares [Member]
    
DDR Equity:    
Cumulative redeemable preferred shares 55,000 55,000
Class J Preferred Shares [Member]
    
DDR Equity:    
Cumulative redeemable preferred shares 200,000 200,000
Class K Preferred Shares [Member]
    
DDR Equity:    
Cumulative redeemable preferred shares $ 150,000 $ 150,000