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Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2015
Segment Reporting [Abstract] |
Segment Information |
14. | Segment Information
At March 31, 2015, the Company had two reportable operating segments: shopping centers and loan investments. Each consolidated shopping center is considered a separate operating segment; however, each shopping center on a stand-alone basis represents less than 10% of the revenues, profit or loss, and assets of the combined reported operating segment and meets the majority of the aggregation criteria under the applicable standard. The tables below present information about the Company’s reportable operating segments and reflect the impact of discontinued operations in 2014 (Note 12) (in thousands):
| Three-Month Period Ended March 31, 2015 |
| Shopping Centers |  |  | Loan Investments |  |  | Other |  |  | Total |
Total revenues | $ | 258,770 |  |  | $ | 55 |  |  |  |  |  |  | $ | 258,825 |
Operating expenses(A) |  | (355,357 | ) |  |  | (19 | ) |  |  |  |  |  |  | (355,376 | )
Net operating (loss) income |  | (96,587 | ) |  |  | 36 |  |  |  |  |  |  |  | (96,551 | )
Depreciation and amortization |  | (103,015 | ) |  |  |  |  |  |  |  |  |  |  | (103,015 | )
Interest income |  |  |  |  |  | 7,161 |  |  |  |  |  |  |  | 7,161 |
Other income (expense), net |  |  |  |  |  |  |  |  | $ | (3,428 | ) |  |  | (3,428 | )
Unallocated expenses(B) |  |  |  |  |  |  |  |  |  | (86,515 | ) |  |  | (86,515 | )
Equity in net income of joint ventures |  | 61 |  |  |  |  |  |  |  |  |  |  |  | 61 |
Gain on change in control of interests |  | 14,279 |  |  |  |  |  |  |  |  |  |  |  | 14,279 |
Loss from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  | $ | (268,008 | )
As of March 31, 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total gross real estate assets | $ | 10,047,415 |  |  |  |  |  |  |  |  |  |  | $ | 10,047,415 |
Notes receivable, net(C) |  |  |  |  | $ | 354,205 |  |  | $ | (307,021 | ) |  | $ | 47,184 |
| Three-Month Period Ended March 31, 2014 |
| Shopping Centers |  |  | Loan Investments |  |  | Other |  |  | Total |
Total revenues | $ | 241,475 |  |  | $ | 37 |  |  |  |  |  |  | $ | 241,512 |
Operating expenses(A) |  | (72,842 | ) |  |  | (50 | ) |  |  |  |  |  |  | (72,892 | )
Net operating income (loss) |  | 168,633 |  |  |  | (13 | ) |  |  |  |  |  |  | 168,620 |
Depreciation and amortization |  | (103,619 | ) |  |  |  |  |  |  |  |  |  |  | (103,619 | )
Interest income |  |  |  |  |  | 3,127 |  |  |  |  |  |  |  | 3,127 |
Other income (expense), net |  |  |  |  |  |  |  |  | $ | (4,183 | ) |  |  | (4,183 | )
Unallocated expenses(B) |  |  |  |  |  |  |  |  |  | (80,635 | ) |  |  | (80,635 | )
Equity in net income of joint ventures |  | 5,172 |  |  |  |  |  |  |  | 318 |  |  |  | 5,490 |
Impairment of joint venture investments |  | (9,100 | ) |  |  |  |  |  |  |  |  |  |  | (9,100 | )
Loss from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  | $ | (20,300 | )
As of March 31, 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total gross real estate assets | $ | 10,097,422 |  |  |  |  |  |  |  |  |  |  | $ | 10,097,422 |
Notes receivable, net(C) |  |  |  |  | $ | 144,901 |  |  | $ | (65,956 | ) |  | $ | 78,945 |
(A) | Includes impairment charges of $279.0 million and $2.3 million for the three-month periods ended March 31, 2015 and 2014, respectively.
(B) | Unallocated expenses consist of General and Administrative expenses, Interest Expense and Tax Expense as listed in the consolidated statements of operations.
(C) | Amount includes loans to affiliates classified in Investments in and Advances to Joint Ventures on the consolidated balance sheets.

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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 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: 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=6534315&loc=d3e8933-108599 Reference 3: 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=6534315&loc=d3e8844-108599 Reference 4: 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=6534315&loc=d3e8538-108599 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=6534315&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 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: 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=6534315&loc=d3e8984-108599 Reference 8: 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=6534315&loc=d3e9038-108599 Reference 9: 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=6534315&loc=d3e8906-108599 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=6534315&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 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: 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=6534315&loc=d3e9031-108599 Reference 13: 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=6534315&loc=d3e8971-108599 Reference 14: 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=6534315&loc=d3e8595-108599 + Details
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