XML 59 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6

Mortgage Loans Payable And Secured Revolving Credit Facilities (Tables)

12 Months Ended

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)		$                             -

X

- Definition

Schedule Of Mortgage Loan Activity [Table Text Block]

+ References

No definition available.

+ Details

Name:	cdr_ScheduleOfMortgageLoanActivityTableTextBlock
Namespace Prefix:	cdr_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Principal Payments On Mortgage Loans Payable And Secured Revolving Credit Facilities [Table Text Block]

+ References

No definition available.

+ Details

Name:	cdr_ScheduleOfPrincipalPaymentsOnMortgageLoansPayableAndSecuredRevolvingCreditFacilitiesTableTextBlock
Namespace Prefix:	cdr_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4C

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 205G

-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 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4B

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44C

-Subparagraph a

-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.

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration