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Investment In Cedar/RioCan Joint Venture (Tables)
 12 Months Ended
Dec. 31, 2013
Investment In Cedar/RioCan Joint Venture [Abstract]  
Summarized Financial Information Related To Cedar/RioCan Joint Venture Investment, Income Statement

 

 

 

 

 

 

 

 

 

 

Statements of Income

 

January 1, 2012 to

 

 

 

 

October 10, 2012

 

Year ended

 

 

(Sale Date)

 

December 31, 2011

Revenues

 

$             49,341,000 

 

$               62,500,000 

Property operating and other expenses

 
(4,373,000)

 
(6,631,000)

Management fees

 
(1,653,000)

 
(2,006,000)

Real estate taxes

 
(5,941,000)

 
(7,214,000)

Acquisition transaction costs

 
(964,000)

 
(917,000)

General and administrative

 
(174,000)

 
(308,000)

Depreciation and amortization

 
(15,769,000)

 
(20,616,000)

Interest and other non-operating expenses, net

 
(13,027,000)

 
(18,078,000)

Net income

 

$               7,440,000 

 

$                 6,730,000 

 

 

 

 

 

The Company's share of net income

 

$               1,481,000 

 

$                 1,346,000