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Investment In Cedar/RioCan Joint Venture (Tables)
12 Months Ended
Dec. 31, 2014
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

 

 

 

(Sale Date)

 

Revenues

 

$      49,341,000

 

Property operating and other expenses

 

(4,373,000)

 

Management fees

 

(1,653,000)

 

Real estate taxes

 

(5,941,000)

 

Acquisition transaction costs

 

(964,000)

 

General and administrative

 

(174,000)

 

Depreciation and amortization

 

(15,769,000)

 

Interest and other non-operating expenses, net

 

(13,027,000)

 

Net income

 

$        7,440,000

 

 

 

 

 

The Company's share of net income

 

$        1,481,000