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Mortgage Loans Payable And Secured Revolving Credit Facilities (Tables) | 12 Months Ended
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Dec. 31, 2012
Mortgage Loans Payable And Secured Revolving Credit Facilities [Abstract] |
Schedule Of Secured Debt |
|  | December 31, 2012 |  | December 31, 2011 (a)
|  |  |  | Interest rates |  |  |  | Interest rates
|  | Balance |  | Weighted |  |  |  | Balance |  | Weighted |  |
Description |  | outstanding |  | average |  | Range |  | outstanding |  | average |  | Range
Fixed-rate mortgages (b) |  | $ 544,799,000 |  | 5.6% |  | 3.1% - 7.5% |  | $ 522,975,000 |  | 5.9% |  | 5.0% - 7.6%
Variable-rate mortgage |  | 60,417,000 |  | 3.0% |  |  |  | 63,768,000 |  | 3.0% |  |
Total property-specific mortgages |  | 605,216,000 |  | 5.3% |  |  |  | 586,743,000 |  | 5.5% |  |
Corporate Credit Facility: |  |  |  |  |  |  |  |  |  |  |  |
Revolving facility |  | 81,000,000 |  | 2.8% |  |  |  | - |  | - |  |
Term loan |  | 75,000,000 |  | 2.8% |  |  |  | - |  | - |  |
Stabilized property credit facility |  | - |  | - |  |  |  | 74,035,000 |  | 5.5% |  |
Development property credit facility |  | - |  | - |  |  |  | 92,282,000 |  | 2.5% |  |
|  | $ 761,216,000 |  | 4.8% |  |  |  | $ 753,060,000 |  | 5.2% |  |
Mortgage loans payable related to real estate held for sale/conveyance - discontinued operations (a)
Fixed-rate mortgages |  | $ 23,258,000 |  | 6.1% |  | 5.2% - 6.5% |  | $ 105,988,000 |  | 5.7% |  | 5.0% - 6.5%
Variable-rate mortgage |  | - |  | - |  |  |  | 18,900,000 |  | 5.9% |  |
|  | $ 23,258,000 |  | 6.1% |  |  |  | $ 124,888,000 |  | 5.7% |  |
(a) Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
(b) At December 31, 2012 and 2011, the Company had approximately $31.4 million and $32.1 million, respectively, of mortgage loans payable subject to interest rate swaps which converted LIBOR-based variable rates to fixed annual rates ranging from 5.2% to 6.5% per annum.
Schedule Of Mortgage Loan Activity |
|  | Years ended December 31,
|  | 2012 |  | 2011
Balance, beginning of year (a) |  | $ 586,743,000 |  | $ 548,121,000
New mortgage borrowings and assumptions (b) |  | 74,605,000 |  | 45,791,000
Repayments |  | (56,132,000) |  | (7,169,000)
Balance, end of the year |  | $ 605,216,000 |  | $ 586,743,000
(a) Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
(b) Includes $1.5 million increase relating to Franklin Village Plaza purchase accounting allocations.
Schedule Of Principal Payments On Mortgage Loans Payable And Secured Revolving Credit Facilities |
2013 |  | $ 119,050,000 | (a)
2014 |  | 107,786,000 |
2015 |  | 154,766,000 | (b)
2016 |  | 214,939,000 | (c)
2017 |  | 63,384,000 |
Thereafter |  | 101,291,000 |
|  | $ 761,216,000 |
(a) Includes $59.7 million subject to a one-year extension option. (b) Includes $81.0 million subject to a one-year extension option. (c) Includes $75.0 million subject to a one-year extension option.
Summary Of The Derivative Financial Instruments Held |
|  |  |  |  | Notional values |  |  |  | Balance |  | Fair value
Designation/ |  |  |  |  | December 31, |  |  |  | December 31, |  | Maturity |  | sheet |  | December 31, |  | December 31,
Cash flow | Derivative |  | Count |  | 2012 |  | Count |  | 2011 |  | dates |  | location |  | 2012 |  | 2011
| Interest |  |  |  |  |  |  |  |  |  |  |  | Accrued |  |  |  |
| rate swaps |  |  |  |  |  |  |  |  |  |  |  | liabilities |  |  |  |
Qualifying | Consolidated |  | 3 |  | $ 31,417,000 |  | 3 |  | $ 32,091,000 |  | 2013-2018 |  | Consolidated |  | $ 1,577,000 |  | $ 2,053,000
| Cedar/RioCan |  |  |  |  |  |  |  |  |  |  |  | Cedar/RioCan |  |  |  |
Qualifying | Joint Venture |  | - |  | $ - |  | 1 |  | $ 14,182,000 |  | - |  | Joint Venture |  | $ - |  | $ 2,419,000
Effect Of The Derivative Financial Instruments On The Consolidated Statements Of Operations And Consolidated Statements Of Equity |
|  |  | Amount of gain (loss) recognized in other
|  |  | comprehensive income (loss) (effective portion)
Designation/ |  |  | Years ended December 31,
Cash flow | Derivative |  | 2012 |  | 2011 |  | 2010
Qualifying | Consolidated |  | $ 836,000 |  | $ (398,000) |  | $ (670,000)
| Cedar/RioCan |  |  |  |  |  |
Qualifying | Joint Venture |  | $ 118,000 |  | $ (118,000) |  | $ -

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