XML 45 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment in Unconsolidated Entities (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Jun. 30, 2013
McArthurGlen Group
Jan. 31, 2012
GCI
Jan. 09, 2012
GCI
Jan. 31, 2013
Shops at Mission Viejo
Jun. 30, 2013
Shops at Mission Viejo
Dec. 30, 2012
Shops at Mission Viejo
Jun. 30, 2013
Shops at Mission Viejo
IMI
Jun. 30, 2013
Woodfield Mall
Jun. 30, 2013
Woodfield Mall
IMI
Dec. 30, 2012
Woodfield Mall
IMI
Jun. 30, 2013
Value Retail PLC
property
Dec. 31, 2012
Value Retail PLC
Jun. 30, 2013
Klepierre
May 21, 2012
Klepierre
Mar. 14, 2012
Klepierre
Jan. 06, 2012
Del Amo Fashion Center
Mar. 22, 2012
The Mills acquisition
property
Mar. 22, 2012
The Mills acquisition
SPG-FCM
property
Dec. 31, 2012
The Mills acquisition
SPG-FCM
Jun. 30, 2013
United States joint ventures
property
Dec. 31, 2012
United States joint ventures
property
Jun. 30, 2013
Japan joint ventures
property
Dec. 31, 2012
Japan joint ventures
property
Jun. 30, 2013
Mexico joint venture
property
Dec. 31, 2012
Mexico joint venture
property
Jun. 30, 2013
South Korea joint ventures
property
Dec. 31, 2012
South Korea joint ventures
property
Jun. 30, 2013
Malaysia joint venture
property
Dec. 31, 2012
Malaysia joint venture
property
Jan. 09, 2012
Italy
property
Jun. 30, 2013
Canada
McArthurGlen Group
property
Jun. 30, 2013
Europe
Jun. 30, 2013
Europe
Value Retail PLC
Item
Real Estate Joint Ventures and Investments                                                                            
Number of income-producing properties                               3                 74 78 9 8 1 1 2 2 1 1 45      
Interest in income-producing properties, under joint venture arrangements (as a percent)                                       28.70%                                 28.90%  
Joint venture ownership percentage                   51.00%   49.00% 50.00% 50.00%                                                
Ownership interest (as a percent)           50.00%         100.00%       100.00%     28.90% 28.90%   50.00%           40.00%       50.00%         45.00%    
Aggregate face amount of mortgage notes                 $ 295,000,000       $ 425,000,000                                                  
Weighted average interest rates on mortgage notes (as a percent)                 3.61%       4.50%                                                  
Amount of distribution received from proceeds of financing in joint venture                 149,700,000                                                          
Number of joint ventures in which additional interest is acquired                                             26                              
Number of remaining unconsolidated properties in which additional interest is acquired                                             16                              
Number of income-producing properties acquired                                           9                                
Cost of acquisition including assumption of debt                                       2,000,000,000     1,500,000,000                              
Debt obligation related to consolidated properties disposed of                                             562,100,000                              
Trust preferred securities retired                                             100,000,000                              
Related party debt obligations extinguished during the period                                             558,400,000                              
Mortgage indebtedness assumed                                             2,600,000,000                              
Gain due to acquisition of controlling interest                                               488,700,000                            
Other than temporary impairment charge                                               22,400,000                            
Investment in unconsolidated entities, at equity 1,958,503,000   1,958,503,000   2,108,966,000 38,700,000                                         275,000,000 314,200,000     67,100,000 62,900,000            
Purchase price of business acquired                                         50,000,000                                  
Number of shares owned in acquired entity                                   57,634,148                                        
Quoted market price of shares owned in acquired entity (in dollars per share)                                   $ 39.47                                        
Excess investment in acquisition of joint venture                                       1,200,000,000                                    
Share of net income, net of amortization of our excess investment 56,516,000 29,132,000 110,747,000 59,484,000                           23,300,000                                        
Total revenues of Klepierre                                   725,600,000                                        
Operating income of Klepierre                                   282,900,000                                        
Consolidated net income of Klepierre                                   97,900,000                                        
Number of development projects                                                                       1    
Number of luxury outlets owned and operated                                                                           9
Carrying value of investments under the cost method                               115,300,000 95,500,000                                          
Proceeds from sale of interest in joint venture             375,800,000                                                              
Gain on sale of or disposal of assets and interests in unconsolidated entities, net             28,800,000                                                              
Accumulated losses reclassified               $ 39,500,000