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Subsequent Events
3 Months Ended
Mar. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
Declaration of Dividends/Distributions
The General Partner's board of directors declared the following dividends/distributions at its regularly scheduled board meeting held on April 24, 2013:
 
Class of stock/units
Quarterly Amount per Share or Unit
 
Record Date
 
Payment Date
Common
$0.17
 
May 16, 2013
 
May 31, 2013
Preferred (per depositary share or unit):

 

 

Series J
$0.414063
 
May 16, 2013
 
May 31, 2013
Series K
$0.406250
 
May 16, 2013
 
May 31, 2013
Series L
$0.412500
 
May 16, 2013
 
May 31, 2013


Sale of Retail Property
On May 1, 2013, we closed on the sale of an approximately 391,000 rentable square foot retail lifestyle center in Pembroke Pines, Florida. We received net proceeds of $184.5 million and we estimate the gain on sale to be approximately $80.0 million.