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Mortgage Loans Payable And Credit Facility (Tables)
3 Months Ended
Mar. 31, 2015
Mortgage Loans Payable And Credit Facility [Abstract]  
Schedule Of Mortgage Loans Payable Repaid

 

 

 

 

 

 

 

 

 

Principal Payoff

Property

 

Repayment Date

 

Amount

New London Mall

 

February 1, 2015

 

$       27,365,000 

Oak Ridge Shopping Center

 

March 11, 2015

 

$         3,155,000 

 

 

 

 

 

 

Summary Of The Derivative Financial Instruments Held

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2015

Designation/

 

 

 

 

 

Notional

 

Fair

 

Maturity

 

Balance sheet

Cash flow

 

Derivative

 

Count

 

value

 

value

 

dates

 

location

Qualifying

 

Interest rate swaps

 

 

$         200,000,000 

 

$             4,861,000 

 

2019 - 2022

 

Accounts payable and accrued liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

Designation/

 

 

 

 

 

Notional

 

Fair

 

Maturity

 

Balance sheet

Cash flow

 

Derivative

 

Count

 

value

 

value

 

dates

 

location

Qualifying

 

Interest rate swaps

 

 

$         150,000,000 

 

$             2,777,000 

 

2019 and 2021

 

Accounts payable and accrued liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect Of The Derivative Financial Instruments On The Consolidated Statements Of Operations And Consolidated Statements Of Equity

 

 

 

 

 

 

 

 

 

 

 

 

Gain (loss) recognized in other

 

 

 

 

 

comprehensive income

 

 

 

 

 

(effective portion)

 

Designation/

 

 

 

Three months ended March 31,

 

Cash flow

 

Derivative

 

2015

 

2014

 

Qualifying

 

Interest rate swaps

 

$                  (2,747,000)

 

$                      535,000 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain (loss) recognized in other

 

 

 

 

 

comprehensive income

 

 

 

 

 

reclassified into earnings (effective portion)

 

 

 

 

 

Three months ended March 31,

 

 

 

Classification

 

2015

 

2014

 

 

 

Continuing Operations

 

$                      731,000 

 

$                        77,000 

 

 

 

Discontinued Operations

 

$                                  - 

 

$                        76,000