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Investments in and Advances to Joint Ventures (Tables) (Unconsolidated Joint Ventures [Member]) | 3 Months Ended
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Mar. 31, 2015
Unconsolidated Joint Ventures [Member] |
Schedule Of Equity Method Investments [Line Items] |
Condensed Combined Financial Information of Company's Unconsolidated Joint Venture Investments | At March 31, 2015 and December 31, 2014, the Company had ownership interests in various unconsolidated joint ventures that had an investment in 187 and 188 shopping center properties, respectively. Condensed combined financial information of the Company’s unconsolidated joint venture investments is as follows (in thousands):
| March 31, 2015 |  |  | December 31, 2014 |
Condensed Combined Balance Sheets |  |  |  |  |  |  |
Land | $ | 1,359,918 |  |  | $ | 1,439,849 |
Buildings |  | 3,589,210 |  |  |  | 3,854,585 |
Fixtures and tenant improvements |  | 180,389 |  |  |  | 200,696 |
|  | 5,129,517 |  |  |  | 5,495,130 |
Less: Accumulated depreciation |  | (736,867 | ) |  |  | (773,256 | )
|  | 4,392,650 |  |  |  | 4,721,874 |
Land held for development and construction in progress |  | 53,597 |  |  |  | 55,698 |
Real estate, net |  | 4,446,247 |  |  |  | 4,777,572 |
Cash and restricted cash |  | 82,012 |  |  |  | 100,812 |
Receivables, net |  | 47,767 |  |  |  | 80,508 |
Other assets |  | 373,758 |  |  |  | 394,751 |
| $ | 4,949,784 |  |  | $ | 5,353,643 |
Mortgage debt | $ | 3,282,124 |  |  | $ | 3,552,764 |
Notes and accrued interest payable to the Company |  | 3,077 |  |  |  | 144,831 |
Other liabilities |  | 202,378 |  |  |  | 276,998 |
|  | 3,487,579 |  |  |  | 3,974,593 |
Redeemable preferred equity |  | 307,563 |  |  |  | 305,310 |
Accumulated equity |  | 1,154,642 |  |  |  | 1,073,740 |
| $ | 4,949,784 |  |  | $ | 5,353,643 |
Company's share of accumulated equity | $ | 139,275 |  |  | $ | 122,937 |
Redeemable preferred equity |  | 307,563 |  |  |  | 305,310 |
Basis differentials |  | (37,122 | ) |  |  | (12,954 | )
Deferred development fees, net of portion related to the Company's interest |  | (2,453 | ) |  |  | (2,562 | )
Amounts payable to the Company |  | 3,077 |  |  |  | 2,117 |
Investments in and Advances to Joint Ventures | $ | 410,340 |  |  | $ | 414,848 |
Condensed Combined Statements of Operations of Unconsolidated Joint Venture Investments |
| Three-Month Periods Ended March 31, |
| 2015 |  |  | 2014 |
Condensed Combined Statements of Operations |  |  |  |  |  |  |
Revenues from operations | $ | 137,600 |  |  | $ | 136,501 |
Expenses from operations: |  |  |  |  |  |  |
Operating expenses |  | 50,982 |  |  |  | 47,807 |
Impairment charges |  | 448 |  |  |  | — |
Depreciation and amortization |  | 56,737 |  |  |  | 41,214 |
Interest expense |  | 40,903 |  |  |  | 50,058 |
Other (income) expense, net |  | 367 |  |  |  | 3,043 |
|  | 149,437 |  |  |  | 142,122 |
Loss before tax expense and discontinued operations |  | (11,837 | ) |  |  | (5,621 | )
Income tax expense (primarily Sonae Sierra Brasil), net |  | — |  |  |  | (4,140 | )
Loss from continuing operations |  | (11,837 | ) |  |  | (9,761 | )
Discontinued operations: |  |  |  |  |  |  |
Loss from discontinued operations | — |  |  |  | (2,490 | )
Gain on disposition of real estate, net of tax | — |  |  |  | 21,473 |
(Loss) income before gain on disposition of real estate, net |  | (11,837 | ) |  |  | 9,222 |
Loss on disposition of real estate, net |  | (213 | ) |  |  | — |
Net (loss) income | $ | (12,050 | ) |  | $ | 9,222 |
Income attributable to non-controlling interests |  | — |  |  |  | (1,488 | )
Net (loss) income attributable to unconsolidated joint ventures | $ | (12,050 | ) |  | $ | 7,734 |
Company's share of equity in net (loss) income of joint ventures(A) | $ | (247 | ) |  | $ | 4,731 |
Basis differential adjustments(B) |  | 308 |  |  |  | 759 |
Equity in net income of joint ventures(A) | $ | 61 |  |  | $ | 5,490 |
(A) | The Company did not record income or loss from those investments in which its investment basis was zero as the Company did not have the intent or obligation to fund any additional capital in the joint ventures (Note 9).
(B) | The difference between the Company’s share of net income, as reported above, and the amounts included in the consolidated statements of operations is attributable to the amortization of basis differentials, the recognition of deferred gains and differences in gain (loss) on sale of certain assets recognized due to the basis differentials and other than temporary impairment charges.
Service Fees and Income Earned by Company's Unconsolidated Joint Ventures | Service fees and income earned by the Company through management, financing, leasing and development activities performed related to all of the Company’s unconsolidated joint ventures are as follows (in millions):
| Three-Month Periods Ended March 31, |
| 2015 |  |  | 2014 |
Management and other fees | $ | 6.3 |  |  | $ | 6.1 |
Development fees and leasing commissions |  | 1.6 |  |  |  | 2.0 |
Interest income |  | 6.3 |  |  |  | 1.7 |

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