XML 61 R72.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Mortgage Loans Payable And Secured Revolving Credit Facilities (Schedule Of Secured Debt) (Details) (USD $) |  |  |  |  |  |  |  |  |  |  |  | 12 Months Ended |  |  |  |  |  |  |  |  | 12 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 Revolving Credit Facility [Member] | Dec. 31, 2012 Term Loan [Member] | Dec. 31, 2011 Stabilized Property Credit Facility [Member] | Dec. 31, 2011 Development Property Credit Facility [Member] | Dec. 31, 2012 Fixed-Rate Mortgages [Member] | Dec. 31, 2011 Fixed-Rate Mortgages [Member] | Dec. 31, 2012 Variable-Rate Mortgage [Member] | Dec. 31, 2011 Variable-Rate Mortgage [Member] | Dec. 31, 2012 Secured Debt [Member] | Dec. 31, 2011 Secured Debt [Member] | Dec. 31, 2012 Secured Debt [Member] Fixed-Rate Mortgages [Member] | Dec. 31, 2011 Secured Debt [Member] Fixed-Rate Mortgages [Member] | Dec. 31, 2012 Secured Debt [Member] Variable-Rate Mortgage [Member] | Dec. 31, 2011 Secured Debt [Member] Variable-Rate Mortgage [Member] | Dec. 31, 2012 Line of Credit [Member] | Dec. 31, 2011 Line of Credit [Member] | Dec. 31, 2012 Line of Credit [Member] Revolving Credit Facility [Member] | Dec. 31, 2012 Line of Credit [Member] Term Loan [Member] | Dec. 31, 2011 Line of Credit [Member] Stabilized Property Credit Facility [Member] | Dec. 31, 2011 Line of Credit [Member] Development Property Credit Facility [Member] | Dec. 31, 2012 Mortgages Related To Real Estate Held For Sale/Conveyance [Member] | Dec. 31, 2011 Mortgages Related To Real Estate Held For Sale/Conveyance [Member] | Dec. 31, 2012 Mortgages Related To Real Estate Held For Sale/Conveyance [Member] Fixed-Rate Mortgages [Member] | Dec. 31, 2011 Mortgages Related To Real Estate Held For Sale/Conveyance [Member] Fixed-Rate Mortgages [Member] | Dec. 31, 2011 Mortgages Related To Real Estate Held For Sale/Conveyance [Member] Variable-Rate Mortgage [Member]
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total property-specific mortgages, Balance outstanding | $ 605,216,000 | $ 586,743,000 | [1] | $ 548,121,000 | [1] |  |  |  |  |  |  | $ 544,799,000 | [2] | $ 522,975,000 | [1],[2] | $ 60,417,000 | $ 63,768,000 | [1] | $ 605,216,000 | $ 586,743,000 | [1] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average interest rate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5.30% | 5.50% | [1] | 5.60% | [2] | 5.90% | [1],[2] | 3.00% | 3.00% | [1] | 4.80% | 5.20% | [1] | 2.80% | 2.80% | 5.50% | [1] | 2.50% | [1] | 6.10% | [1] | 5.70% | [1] | 6.10% | [1] | 5.70% | [1] | 5.90% | [1]
Interest rate, minimum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.10% | [2] | 5.00% | [1],[2] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5.20% | [1] | 5.00% | [1] |  |
Interest rate, maximum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7.50% | [2] | 7.60% | [1],[2] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6.50% | [1] | 6.50% | [1] |  |
Credit facilities | 156,000,000 | 166,317,000 |  |  |  | 81,000,000 | 75,000,000 | 74,035,000 | [1] | 92,282,000 | [1] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total secured debt | 761,216,000 | 753,060,000 | [1] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans payable - real estate held for sale/conveyance | 23,258,000 | 124,888,000 |  |  |  |  |  |  |  |  |  | 23,258,000 | [1] | 105,988,000 | [1] |  | 18,900,000 | [1] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 23,258,000 | [1] | 124,888,000 | [1] |  |  |  |  |  |
Mortgage loans payable subject to interest rate swaps | $ 31,417,000 | $ 32,091,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
[1] | Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
[2] | 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.

X
- Definition Total carrying amount of mortgage loans in connection with real estate held for sale as of the balance sheet date. + References No definition available. + Details
Name: | cdr_MortgageLoansOnRealEstateHeldForSale
Namespace Prefix: | cdr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date before deducting unamortized discount or premiums (if any). May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Staff Position (FSP) -Number APB14-1 -Paragraph 31 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition When presenting a range of interest rates, the highest effective rate for funds borrowed under the debt agreement as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentageRateRangeMaximum
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition When presenting a range of interest rates, the lowest effective rate for funds borrowed under the debt agreement as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentageRateRangeMinimum
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of long-term debt outstanding by type or by instrument at that time. + References No definition available. + Details
Name: | us-gaap_LongtermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate notional amount of all derivatives designated as cash flow hedging instruments. The notional amount relates to a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Notional Amount -URI http://asc.fasb.org/extlink&oid=6519104 + Details
Name: | us-gaap_NotionalAmountOfCashFlowHedgeInstruments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant