Schedule III Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	$ 6,464,225
Initial Cost
Land	3,231,631
Buildings and Improvements	24,518,078
Costs Capitalized Subsequent to Acquisition
Land	337,304
Buildings and Improvements	6,810,929
Gross Amounts At Which Carried At Close of Period
Land	3,568,935
Buildings and Improvements	31,329,007
Total	34,897,942	$ 33,132,885	$ 31,014,133	$ 30,048,230
Accumulated Depreciation	10,664,738	$ 9,696,420	$ 8,740,928	$ 7,896,614
Malls | Barton Creek Square, Austin, TX
Initial Cost
Land	2,903
Buildings and Improvements	20,929
Costs Capitalized Subsequent to Acquisition
Land	7,983
Buildings and Improvements	71,575
Gross Amounts At Which Carried At Close of Period
Land	10,886
Buildings and Improvements	92,504
Total	103,390
Accumulated Depreciation	58,843
Malls | Battlefield Mall, Springfield, MO
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	122,131
Initial Cost
Land	3,919
Buildings and Improvements	27,231
Costs Capitalized Subsequent to Acquisition
Land	3,000
Buildings and Improvements	64,291
Gross Amounts At Which Carried At Close of Period
Land	6,919
Buildings and Improvements	91,522
Total	98,441
Accumulated Depreciation	67,333
Malls | Bay Park Square, Green Bay, WI
Initial Cost
Land	6,358
Buildings and Improvements	25,623
Costs Capitalized Subsequent to Acquisition
Land	4,106
Buildings and Improvements	26,112
Gross Amounts At Which Carried At Close of Period
Land	10,464
Buildings and Improvements	51,735
Total	62,199
Accumulated Depreciation	30,309
Malls | Brea Mall, Brea (Los Angeles), CA
Initial Cost
Land	39,500
Buildings and Improvements	209,202
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	48,624
Gross Amounts At Which Carried At Close of Period
Land	39,500
Buildings and Improvements	257,826
Total	297,326
Accumulated Depreciation	127,932
Malls | Broadway Square, Tyler, TX
Initial Cost
Land	11,306
Buildings and Improvements	32,431
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	26,077
Gross Amounts At Which Carried At Close of Period
Land	11,306
Buildings and Improvements	58,508
Total	69,814
Accumulated Depreciation	33,679
Malls | Burlington Mall, Burlington (Boston), MA
Initial Cost
Land	46,600
Buildings and Improvements	303,618
Costs Capitalized Subsequent to Acquisition
Land	19,600
Buildings and Improvements	103,748
Gross Amounts At Which Carried At Close of Period
Land	66,200
Buildings and Improvements	407,366
Total	473,566
Accumulated Depreciation	199,546
Malls | Castleton Square, Indianapolis, IN
Initial Cost
Land	26,250
Buildings and Improvements	98,287
Costs Capitalized Subsequent to Acquisition
Land	7,434
Buildings and Improvements	79,358
Gross Amounts At Which Carried At Close of Period
Land	33,684
Buildings and Improvements	177,645
Total	211,329
Accumulated Depreciation	99,635
Malls | Cielo Vista Mall, El Paso, TX
Initial Cost
Land	1,005
Buildings and Improvements	15,262
Costs Capitalized Subsequent to Acquisition
Land	608
Buildings and Improvements	55,899
Gross Amounts At Which Carried At Close of Period
Land	1,613
Buildings and Improvements	71,161
Total	72,774
Accumulated Depreciation	45,235
Malls | College Mall, Bloomington, IN
Initial Cost
Land	1,003
Buildings and Improvements	16,245
Costs Capitalized Subsequent to Acquisition
Land	720
Buildings and Improvements	53,359
Gross Amounts At Which Carried At Close of Period
Land	1,723
Buildings and Improvements	69,604
Total	71,327
Accumulated Depreciation	39,530
Malls | Columbia Center, Kennewick, WA
Initial Cost
Land	17,441
Buildings and Improvements	66,580
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	31,566
Gross Amounts At Which Carried At Close of Period
Land	17,441
Buildings and Improvements	98,146
Total	115,587
Accumulated Depreciation	52,298
Malls | Copley Place, Boston, MA
Initial Cost
Buildings and Improvements	378,045
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	159,785
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	537,830
Total	537,830
Accumulated Depreciation	201,999
Malls | Coral Square, Coral Springs (Miami), FL
Initial Cost
Land	13,556
Buildings and Improvements	93,630
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	22,661
Gross Amounts At Which Carried At Close of Period
Land	13,556
Buildings and Improvements	116,291
Total	129,847
Accumulated Depreciation	82,854
Malls | Cordova Mall, Pensacola, FL
Initial Cost
Land	18,626
Buildings and Improvements	73,091
Costs Capitalized Subsequent to Acquisition
Land	7,321
Buildings and Improvements	65,397
Gross Amounts At Which Carried At Close of Period
Land	25,947
Buildings and Improvements	138,488
Total	164,435
Accumulated Depreciation	62,510
Malls | Domain, The, Austin, TX
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	191,842
Initial Cost
Land	40,436
Buildings and Improvements	197,010
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	142,088
Gross Amounts At Which Carried At Close of Period
Land	40,436
Buildings and Improvements	339,098
Total	379,534
Accumulated Depreciation	125,788
Malls | Empire Mall, Sioux Falls, SD
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	190,000
Initial Cost
Land	35,998
Buildings and Improvements	192,186
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	24,845
Gross Amounts At Which Carried At Close of Period
Land	35,998
Buildings and Improvements	217,031
Total	253,029
Accumulated Depreciation	38,305
Malls | Fashion Mall at Keystone, The, Indianapolis, IN
Initial Cost
Buildings and Improvements	120,579
Costs Capitalized Subsequent to Acquisition
Land	29,145
Buildings and Improvements	93,330
Gross Amounts At Which Carried At Close of Period
Land	29,145
Buildings and Improvements	213,909
Total	243,054
Accumulated Depreciation	102,416
Malls | Firewheel Town Center, Garland (Dallas), TX
Initial Cost
Land	8,485
Buildings and Improvements	82,716
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	27,246
Gross Amounts At Which Carried At Close of Period
Land	8,485
Buildings and Improvements	109,962
Total	118,447
Accumulated Depreciation	51,519
Malls | Forum Shops at Caesars, The, Las Vegas, NV
Initial Cost
Buildings and Improvements	276,567
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	248,739
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	525,306
Total	525,306
Accumulated Depreciation	228,438
Malls | Greenwood Park Mall, Greenwood (Indianapolis), IN
Initial Cost
Land	2,423
Buildings and Improvements	23,445
Costs Capitalized Subsequent to Acquisition
Land	5,253
Buildings and Improvements	115,932
Gross Amounts At Which Carried At Close of Period
Land	7,676
Buildings and Improvements	139,377
Total	147,053
Accumulated Depreciation	75,887
Malls | Haywood Mall, Greenville, SC
Initial Cost
Land	11,585
Buildings and Improvements	133,893
Costs Capitalized Subsequent to Acquisition
Land	6
Buildings and Improvements	37,999
Gross Amounts At Which Carried At Close of Period
Land	11,591
Buildings and Improvements	171,892
Total	183,483
Accumulated Depreciation	97,994
Malls | Independence Center, Independence (Kansas City), MO
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	200,000
Initial Cost
Land	5,042
Buildings and Improvements	45,798
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	42,025
Gross Amounts At Which Carried At Close of Period
Land	5,042
Buildings and Improvements	87,823
Total	92,865
Accumulated Depreciation	47,374
Malls | Ingram Park Mall, San Antonio, TX
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	133,092
Initial Cost
Land	733
Buildings and Improvements	16,972
Costs Capitalized Subsequent to Acquisition
Land	37
Buildings and Improvements	25,383
Gross Amounts At Which Carried At Close of Period
Land	770
Buildings and Improvements	42,355
Total	43,125
Accumulated Depreciation	28,012
Malls | King of Prussia, King of Prussia (Philadelphia), PA
Initial Cost
Land	175,063
Buildings and Improvements	1,128,200
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	317,329
Gross Amounts At Which Carried At Close of Period
Land	175,063
Buildings and Improvements	1,445,529
Total	1,620,592
Accumulated Depreciation	243,296
Malls | La Plaza Mall, McAllen, TX
Initial Cost
Land	87,912
Buildings and Improvements	9,828
Costs Capitalized Subsequent to Acquisition
Land	6,569
Buildings and Improvements	107,393
Gross Amounts At Which Carried At Close of Period
Land	94,481
Buildings and Improvements	117,221
Total	211,702
Accumulated Depreciation	35,041
Malls | Lakeline Mall, Cedar Park (Austin), TX
Initial Cost
Land	10,088
Buildings and Improvements	81,568
Costs Capitalized Subsequent to Acquisition
Land	14
Buildings and Improvements	16,818
Gross Amounts At Which Carried At Close of Period
Land	10,102
Buildings and Improvements	98,386
Total	108,488
Accumulated Depreciation	54,544
Malls | Mall of Georgia, Buford (Atlanta), GA
Initial Cost
Land	47,492
Buildings and Improvements	326,633
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,700
Gross Amounts At Which Carried At Close of Period
Land	47,492
Buildings and Improvements	332,333
Total	379,825
Accumulated Depreciation	149,660
Malls | McCain Mall, N. Little Rock, AR
Initial Cost
Buildings and Improvements	9,515
Costs Capitalized Subsequent to Acquisition
Land	10,530
Buildings and Improvements	28,945
Gross Amounts At Which Carried At Close of Period
Land	10,530
Buildings and Improvements	38,460
Total	48,990
Accumulated Depreciation	12,808
Malls | Menlo Park Mall, Edison (New York), NJ
Initial Cost
Land	65,684
Buildings and Improvements	223,252
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	71,007
Gross Amounts At Which Carried At Close of Period
Land	65,684
Buildings and Improvements	294,259
Total	359,943
Accumulated Depreciation	154,740
Malls | Midland Park Mall, Midland, TX
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	78,807
Initial Cost
Land	687
Buildings and Improvements	9,213
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	24,849
Gross Amounts At Which Carried At Close of Period
Land	687
Buildings and Improvements	34,062
Total	34,749
Accumulated Depreciation	20,276
Malls | Miller Hill Mall, Duluth, MN
Initial Cost
Land	2,965
Buildings and Improvements	18,092
Costs Capitalized Subsequent to Acquisition
Land	1,811
Buildings and Improvements	42,181
Gross Amounts At Which Carried At Close of Period
Land	4,776
Buildings and Improvements	60,273
Total	65,049
Accumulated Depreciation	38,865
Malls | Montgomery Mall, North Wales (Philadelphia), PA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	100,000
Initial Cost
Land	27,105
Buildings and Improvements	86,915
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	62,597
Gross Amounts At Which Carried At Close of Period
Land	27,105
Buildings and Improvements	149,512
Total	176,617
Accumulated Depreciation	59,216
Malls | North East Mall, Hurst (Dallas), TX
Initial Cost
Land	128
Buildings and Improvements	12,966
Costs Capitalized Subsequent to Acquisition
Land	19,010
Buildings and Improvements	149,629
Gross Amounts At Which Carried At Close of Period
Land	19,138
Buildings and Improvements	162,595
Total	181,733
Accumulated Depreciation	102,679
Malls | Northgate Mall, Seattle, WA
Initial Cost
Land	23,586
Buildings and Improvements	115,992
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	121,976
Gross Amounts At Which Carried At Close of Period
Land	23,586
Buildings and Improvements	237,968
Total	261,554
Accumulated Depreciation	113,611
Malls | Ocean County Mall, Toms River (New York), NJ
Initial Cost
Land	20,404
Buildings and Improvements	124,945
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	32,116
Gross Amounts At Which Carried At Close of Period
Land	20,404
Buildings and Improvements	157,061
Total	177,465
Accumulated Depreciation	81,367
Malls | Orland Square, Orland Park (Chicago), IL
Initial Cost
Land	35,514
Buildings and Improvements	129,906
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	52,261
Gross Amounts At Which Carried At Close of Period
Land	35,514
Buildings and Improvements	182,167
Total	217,681
Accumulated Depreciation	95,615
Malls | Oxford Valley Mall, Langhorne (Philadelphia), PA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	63,931
Initial Cost
Land	24,544
Buildings and Improvements	100,287
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	18,942
Gross Amounts At Which Carried At Close of Period
Land	24,544
Buildings and Improvements	119,229
Total	143,773
Accumulated Depreciation	72,372
Malls | Penn Square Mall, Oklahoma City, OK
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	310,000
Initial Cost
Land	2,043
Buildings and Improvements	155,958
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	50,801
Gross Amounts At Which Carried At Close of Period
Land	2,043
Buildings and Improvements	206,759
Total	208,802
Accumulated Depreciation	109,149
Malls | Pheasant Lane Mall, Nashua, NH
Initial Cost
Land	3,902
Buildings and Improvements	155,068
Costs Capitalized Subsequent to Acquisition
Land	550
Buildings and Improvements	47,192
Gross Amounts At Which Carried At Close of Period
Land	4,452
Buildings and Improvements	202,260
Total	206,712
Accumulated Depreciation	93,096
Malls | Phipps Plaza, Atlanta, GA
Initial Cost
Land	15,005
Buildings and Improvements	210,610
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	65,446
Gross Amounts At Which Carried At Close of Period
Land	15,005
Buildings and Improvements	276,056
Total	291,061
Accumulated Depreciation	131,792
Malls | Plaza Carolina, Carolina (San Juan), PR
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	225,000
Initial Cost
Land	15,493
Buildings and Improvements	279,560
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	63,728
Gross Amounts At Which Carried At Close of Period
Land	15,493
Buildings and Improvements	343,288
Total	358,781
Accumulated Depreciation	135,962
Malls | Prien Lake Mall, Lake Charles, LA
Initial Cost
Land	1,842
Buildings and Improvements	2,813
Costs Capitalized Subsequent to Acquisition
Land	3,053
Buildings and Improvements	49,380
Gross Amounts At Which Carried At Close of Period
Land	4,895
Buildings and Improvements	52,193
Total	57,088
Accumulated Depreciation	26,045
Malls | Rockaway Townsquare, Rockaway (New York), NJ
Initial Cost
Land	41,918
Buildings and Improvements	212,257
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	46,283
Gross Amounts At Which Carried At Close of Period
Land	41,918
Buildings and Improvements	258,540
Total	300,458
Accumulated Depreciation	128,446
Malls | Roosevelt Field, Garden City (New York), NY
Initial Cost
Land	163,160
Buildings and Improvements	702,008
Costs Capitalized Subsequent to Acquisition
Land	1,246
Buildings and Improvements	344,459
Gross Amounts At Which Carried At Close of Period
Land	164,406
Buildings and Improvements	1,046,467
Total	1,210,873
Accumulated Depreciation	402,839
Malls | Ross Park Mall, Pittsburgh, PA
Initial Cost
Land	23,541
Buildings and Improvements	90,203
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	90,762
Gross Amounts At Which Carried At Close of Period
Land	23,541
Buildings and Improvements	180,965
Total	204,506
Accumulated Depreciation	107,322
Malls | Santa Rosa Plaza, Santa Rosa, CA
Initial Cost
Land	10,400
Buildings and Improvements	87,864
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	27,312
Gross Amounts At Which Carried At Close of Period
Land	10,400
Buildings and Improvements	115,176
Total	125,576
Accumulated Depreciation	56,048
Malls | Shops at Chestnut Hill, The, Chestnut Hill (Boston), MA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	120,000
Initial Cost
Land	449
Buildings and Improvements	25,102
Costs Capitalized Subsequent to Acquisition
Land	43,257
Buildings and Improvements	103,027
Gross Amounts At Which Carried At Close of Period
Land	43,706
Buildings and Improvements	128,129
Total	171,835
Accumulated Depreciation	22,434
Malls | Shops at Nanuet, The, Nanuet, NY
Initial Cost
Land	28,125
Buildings and Improvements	142,860
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	11,351
Gross Amounts At Which Carried At Close of Period
Land	28,125
Buildings and Improvements	154,211
Total	182,336
Accumulated Depreciation	20,843
Malls | Shops at Riverside, The, Hackensack (New York), NJ
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	130,000
Initial Cost
Land	13,521
Buildings and Improvements	238,746
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	44,174
Gross Amounts At Which Carried At Close of Period
Land	13,521
Buildings and Improvements	282,920
Total	296,441
Accumulated Depreciation	43,357
Malls | South Hills Village, Pittsburgh, PA
Initial Cost
Land	23,445
Buildings and Improvements	125,840
Costs Capitalized Subsequent to Acquisition
Land	1,472
Buildings and Improvements	58,731
Gross Amounts At Which Carried At Close of Period
Land	24,917
Buildings and Improvements	184,571
Total	209,488
Accumulated Depreciation	86,316
Malls | South Shore Plaza, Braintree (Boston), MA
Initial Cost
Land	101,200
Buildings and Improvements	301,495
Costs Capitalized Subsequent to Acquisition
Land	959
Buildings and Improvements	162,436
Gross Amounts At Which Carried At Close of Period
Land	102,159
Buildings and Improvements	463,931
Total	566,090
Accumulated Depreciation	210,327
Malls | Southdale Center, Edina (Minneapolis), MN
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	150,206
Initial Cost
Land	40,172
Buildings and Improvements	184,967
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	45,675
Gross Amounts At Which Carried At Close of Period
Land	40,172
Buildings and Improvements	230,642
Total	270,814
Accumulated Depreciation	39,374
Malls | St. Charles Towne Center, Waldorf (Washington, DC), MD
Initial Cost
Land	7,710
Buildings and Improvements	52,934
Costs Capitalized Subsequent to Acquisition
Land	1,180
Buildings and Improvements	30,267
Gross Amounts At Which Carried At Close of Period
Land	8,890
Buildings and Improvements	83,201
Total	92,091
Accumulated Depreciation	53,925
Malls | Stanford Shopping Center, Palo Alto (San Jose), CA
Initial Cost
Buildings and Improvements	339,537
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	123,251
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	462,788
Total	462,788
Accumulated Depreciation	148,063
Malls | Summit Mall, Akron, OH
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	85,000
Initial Cost
Land	15,374
Buildings and Improvements	51,137
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	49,423
Gross Amounts At Which Carried At Close of Period
Land	15,374
Buildings and Improvements	100,560
Total	115,934
Accumulated Depreciation	53,872
Malls | Tacoma Mall, Tacoma (Seattle), WA
Initial Cost
Land	37,803
Buildings and Improvements	125,826
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	91,857
Gross Amounts At Which Carried At Close of Period
Land	37,803
Buildings and Improvements	217,683
Total	255,486
Accumulated Depreciation	114,404
Malls | Tippecanoe Mall, Lafayette, IN
Initial Cost
Land	2,897
Buildings and Improvements	8,439
Costs Capitalized Subsequent to Acquisition
Land	5,517
Buildings and Improvements	47,804
Gross Amounts At Which Carried At Close of Period
Land	8,414
Buildings and Improvements	56,243
Total	64,657
Accumulated Depreciation	41,595
Malls | Town Center at Boca Raton, Boca Raton (Miami), FL
Initial Cost
Land	64,200
Buildings and Improvements	307,317
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	180,708
Gross Amounts At Which Carried At Close of Period
Land	64,200
Buildings and Improvements	488,025
Total	552,225
Accumulated Depreciation	244,795
Malls | Town Center at Cobb, Kennesaw (Atlanta), GA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	191,885
Initial Cost
Land	32,355
Buildings and Improvements	158,225
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	19,686
Gross Amounts At Which Carried At Close of Period
Land	32,355
Buildings and Improvements	177,911
Total	210,266
Accumulated Depreciation	101,821
Malls | Towne East Square, Wichita, KS
Initial Cost
Land	8,525
Buildings and Improvements	18,479
Costs Capitalized Subsequent to Acquisition
Land	4,108
Buildings and Improvements	45,486
Gross Amounts At Which Carried At Close of Period
Land	12,633
Buildings and Improvements	63,965
Total	76,598
Accumulated Depreciation	44,430
Malls | Treasure Coast Square, Jensen Beach, FL
Initial Cost
Land	11,124
Buildings and Improvements	72,990
Costs Capitalized Subsequent to Acquisition
Land	3,067
Buildings and Improvements	38,213
Gross Amounts At Which Carried At Close of Period
Land	14,191
Buildings and Improvements	111,203
Total	125,394
Accumulated Depreciation	64,440
Malls | Tyrone Square, St. Petersburg (Tampa), FL
Initial Cost
Land	15,638
Buildings and Improvements	120,962
Costs Capitalized Subsequent to Acquisition
Land	1,459
Buildings and Improvements	51,092
Gross Amounts At Which Carried At Close of Period
Land	17,097
Buildings and Improvements	172,054
Total	189,151
Accumulated Depreciation	90,365
Malls | University Park Mall, Mishawaka, IN
Initial Cost
Land	16,768
Buildings and Improvements	112,158
Costs Capitalized Subsequent to Acquisition
Land	7,000
Buildings and Improvements	57,526
Gross Amounts At Which Carried At Close of Period
Land	23,768
Buildings and Improvements	169,684
Total	193,452
Accumulated Depreciation	139,214
Malls | Walt Whitman Shops, Huntington Station (New York), NY
Initial Cost
Land	51,700
Buildings and Improvements	111,258
Costs Capitalized Subsequent to Acquisition
Land	3,789
Buildings and Improvements	127,103
Gross Amounts At Which Carried At Close of Period
Land	55,489
Buildings and Improvements	238,361
Total	293,850
Accumulated Depreciation	101,692
Malls | White Oaks Mall, Springfield, IL
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	51,500
Initial Cost
Land	3,024
Buildings and Improvements	35,692
Costs Capitalized Subsequent to Acquisition
Land	2,102
Buildings and Improvements	63,561
Gross Amounts At Which Carried At Close of Period
Land	5,126
Buildings and Improvements	99,253
Total	104,379
Accumulated Depreciation	48,180
Malls | Wolfchase Galleria, Memphis, TN
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	164,555
Initial Cost
Land	15,881
Buildings and Improvements	128,276
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	16,757
Gross Amounts At Which Carried At Close of Period
Land	15,881
Buildings and Improvements	145,033
Total	160,914
Accumulated Depreciation	81,285
Malls | Woodland Hills Mall, Tulsa, OK
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	88,943
Initial Cost
Land	34,211
Buildings and Improvements	187,123
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	28,499
Gross Amounts At Which Carried At Close of Period
Land	34,211
Buildings and Improvements	215,622
Total	249,833
Accumulated Depreciation	114,697
Premium Outlets | Albertville Premium Outlets, Albertville (Minneapolis), MN
Initial Cost
Land	3,900
Buildings and Improvements	97,059
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	8,138
Gross Amounts At Which Carried At Close of Period
Land	3,900
Buildings and Improvements	105,197
Total	109,097
Accumulated Depreciation	44,086
Premium Outlets | Allen Premium Outlets, Allen (Dallas), TX
Initial Cost
Land	13,855
Buildings and Improvements	43,687
Costs Capitalized Subsequent to Acquisition
Land	9,137
Buildings and Improvements	26,102
Gross Amounts At Which Carried At Close of Period
Land	22,992
Buildings and Improvements	69,789
Total	92,781
Accumulated Depreciation	28,265
Premium Outlets | Aurora Farms Premium Outlets, Aurora (Cleveland), OH
Initial Cost
Land	2,370
Buildings and Improvements	24,326
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,796
Gross Amounts At Which Carried At Close of Period
Land	2,370
Buildings and Improvements	30,122
Total	32,492
Accumulated Depreciation	20,649
Premium Outlets | Birch Run Premium Outlets, Birch Run (Detroit), MI
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	123,000
Initial Cost
Land	11,477
Buildings and Improvements	77,856
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	6,288
Gross Amounts At Which Carried At Close of Period
Land	11,477
Buildings and Improvements	84,144
Total	95,621
Accumulated Depreciation	25,000
Premium Outlets | Camarillo Premium Outlets, Camarillo (Los Angeles), CA
Initial Cost
Land	16,670
Buildings and Improvements	224,721
Costs Capitalized Subsequent to Acquisition
Land	395
Buildings and Improvements	66,193
Gross Amounts At Which Carried At Close of Period
Land	17,065
Buildings and Improvements	290,914
Total	307,979
Accumulated Depreciation	113,760
Premium Outlets | Carlsbad Premium Outlets, Carlsbad (San Diego), CA
Initial Cost
Land	12,890
Buildings and Improvements	184,990
Costs Capitalized Subsequent to Acquisition
Land	96
Buildings and Improvements	6,431
Gross Amounts At Which Carried At Close of Period
Land	12,986
Buildings and Improvements	191,421
Total	204,407
Accumulated Depreciation	69,030
Premium Outlets | Carolina Premium Outlets, Smithfield (Raleigh), NC
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	46,338
Initial Cost
Land	3,175
Buildings and Improvements	59,863
Costs Capitalized Subsequent to Acquisition
Land	5,311
Buildings and Improvements	6,006
Gross Amounts At Which Carried At Close of Period
Land	8,486
Buildings and Improvements	65,869
Total	74,355
Accumulated Depreciation	31,820
Premium Outlets | Chicago Premium Outlets, Aurora (Chicago), IL
Initial Cost
Land	659
Buildings and Improvements	118,005
Costs Capitalized Subsequent to Acquisition
Land	13,050
Buildings and Improvements	104,688
Gross Amounts At Which Carried At Close of Period
Land	13,709
Buildings and Improvements	222,693
Total	236,402
Accumulated Depreciation	60,147
Premium Outlets | Cincinnati Premium Outlets, Monroe (Cincinnati), OH
Initial Cost
Land	14,117
Buildings and Improvements	71,520
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	4,934
Gross Amounts At Which Carried At Close of Period
Land	14,117
Buildings and Improvements	76,454
Total	90,571
Accumulated Depreciation	27,685
Premium Outlets | Clinton Crossing Premium Outlets, Clinton, CT
Initial Cost
Land	2,060
Buildings and Improvements	107,556
Costs Capitalized Subsequent to Acquisition
Land	1,532
Buildings and Improvements	4,863
Gross Amounts At Which Carried At Close of Period
Land	3,592
Buildings and Improvements	112,419
Total	116,011
Accumulated Depreciation	47,581
Premium Outlets | Ellenton Premium Outlets, Ellenton (Tampa), FL
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	178,000
Initial Cost
Land	15,807
Buildings and Improvements	182,412
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,295
Gross Amounts At Which Carried At Close of Period
Land	15,807
Buildings and Improvements	187,707
Total	203,514
Accumulated Depreciation	66,763
Premium Outlets | Folsom Premium Outlets, Folsom (Sacramento), CA
Initial Cost
Land	9,060
Buildings and Improvements	50,281
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	4,667
Gross Amounts At Which Carried At Close of Period
Land	9,060
Buildings and Improvements	54,948
Total	64,008
Accumulated Depreciation	27,564
Premium Outlets | Gilroy Premium Outlets, Gilroy (San Jose), CA
Initial Cost
Land	9,630
Buildings and Improvements	194,122
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	11,038
Gross Amounts At Which Carried At Close of Period
Land	9,630
Buildings and Improvements	205,160
Total	214,790
Accumulated Depreciation	84,512
Premium Outlets | Grand Prairie Premium Outlets, Grand Prairie (Dallas), TX
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	118,388
Initial Cost
Land	9,497
Buildings and Improvements	195,117
Gross Amounts At Which Carried At Close of Period
Land	9,497
Buildings and Improvements	195,117
Total	204,614
Accumulated Depreciation	29,311
Premium Outlets | Grove City Premium Outlets, Grove City (Pittsburgh), PA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	140,000
Initial Cost
Land	6,421
Buildings and Improvements	121,880
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,506
Gross Amounts At Which Carried At Close of Period
Land	6,421
Buildings and Improvements	127,386
Total	133,807
Accumulated Depreciation	46,129
Premium Outlets | Gulfport Premium Outlets, Gulfport, MS
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	50,000
Initial Cost
Buildings and Improvements	27,949
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	2,935
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	30,884
Total	30,884
Accumulated Depreciation	11,117
Premium Outlets | Hagerstown Premium Outlets, Hagerstown (Baltimore/Washington, DC), MD
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	77,000
Initial Cost
Land	3,576
Buildings and Improvements	85,883
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	2,388
Gross Amounts At Which Carried At Close of Period
Land	3,576
Buildings and Improvements	88,271
Total	91,847
Accumulated Depreciation	26,509
Premium Outlets | Houston Premium Outlets, Cypress (Houston), TX
Initial Cost
Land	8,695
Buildings and Improvements	69,350
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	44,184
Gross Amounts At Which Carried At Close of Period
Land	8,695
Buildings and Improvements	113,534
Total	122,229
Accumulated Depreciation	39,090
Premium Outlets | Jackson Premium Outlets, Jackson (New York), NJ
Initial Cost
Land	6,413
Buildings and Improvements	104,013
Costs Capitalized Subsequent to Acquisition
Land	3
Buildings and Improvements	6,502
Gross Amounts At Which Carried At Close of Period
Land	6,416
Buildings and Improvements	110,515
Total	116,931
Accumulated Depreciation	40,932
Premium Outlets | Jersey Shore Premium Outlets, Tinton Falls (New York), NJ
Initial Cost
Land	15,390
Buildings and Improvements	50,979
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	75,435
Gross Amounts At Which Carried At Close of Period
Land	15,390
Buildings and Improvements	126,414
Total	141,804
Accumulated Depreciation	46,191
Premium Outlets | Johnson Creek Premium Outlets, Johnson Creek, WI
Initial Cost
Land	2,800
Buildings and Improvements	39,546
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	7,361
Gross Amounts At Which Carried At Close of Period
Land	2,800
Buildings and Improvements	46,907
Total	49,707
Accumulated Depreciation	19,114
Premium Outlets | Kittery Premium Outlets, Kittery, ME
Initial Cost
Land	11,832
Buildings and Improvements	94,994
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	8,888
Gross Amounts At Which Carried At Close of Period
Land	11,832
Buildings and Improvements	103,882
Total	115,714
Accumulated Depreciation	36,365
Premium Outlets | Las Americas Premium Outlets, San Diego, CA
Initial Cost
Land	45,168
Buildings and Improvements	251,878
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	8,010
Gross Amounts At Which Carried At Close of Period
Land	45,168
Buildings and Improvements	259,888
Total	305,056
Accumulated Depreciation	71,448
Premium Outlets | Las Vegas North Premium Outlets, Las Vegas, NV
Initial Cost
Land	25,435
Buildings and Improvements	134,973
Costs Capitalized Subsequent to Acquisition
Land	16,536
Buildings and Improvements	147,906
Gross Amounts At Which Carried At Close of Period
Land	41,971
Buildings and Improvements	282,879
Total	324,850
Accumulated Depreciation	91,466
Premium Outlets | Las Vegas South Premium Outlets, Las Vegas, NV
Initial Cost
Land	13,085
Buildings and Improvements	160,777
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	31,173
Gross Amounts At Which Carried At Close of Period
Land	13,085
Buildings and Improvements	191,950
Total	205,035
Accumulated Depreciation	65,281
Premium Outlets | Lee Premium Outlets, Lee, MA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	53,491
Initial Cost
Land	9,167
Buildings and Improvements	52,212
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	2,031
Gross Amounts At Which Carried At Close of Period
Land	9,167
Buildings and Improvements	54,243
Total	63,410
Accumulated Depreciation	19,333
Premium Outlets | Leesburg Corner Premium Outlets, Leesburg (Washington, DC), VA
Initial Cost
Land	7,190
Buildings and Improvements	162,023
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,647
Gross Amounts At Which Carried At Close of Period
Land	7,190
Buildings and Improvements	167,670
Total	174,860
Accumulated Depreciation	71,037
Premium Outlets | Lighthouse Place Premium Outlets, Michigan City (Chicago, IL), IN
Initial Cost
Land	6,630
Buildings and Improvements	94,138
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	9,442
Gross Amounts At Which Carried At Close of Period
Land	6,630
Buildings and Improvements	103,580
Total	110,210
Accumulated Depreciation	48,259
Premium Outlets | Merrimack Premium Outlets, Merrimack, NH
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	126,534
Initial Cost
Land	17,028
Buildings and Improvements	118,428
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,807
Gross Amounts At Which Carried At Close of Period
Land	17,028
Buildings and Improvements	120,235
Total	137,263
Accumulated Depreciation	24,654
Premium Outlets | Napa Premium Outlets, Napa, CA
Initial Cost
Land	11,400
Buildings and Improvements	45,023
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	4,740
Gross Amounts At Which Carried At Close of Period
Land	11,400
Buildings and Improvements	49,763
Total	61,163
Accumulated Depreciation	21,443
Premium Outlets | North Bend Premium Outlets, North Bend (Seattle), WA
Initial Cost
Land	2,143
Buildings and Improvements	36,197
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	4,125
Gross Amounts At Which Carried At Close of Period
Land	2,143
Buildings and Improvements	40,322
Total	42,465
Accumulated Depreciation	15,146
Premium Outlets | North Georgia Premium Outlets, Dawsonville (Atlanta), GA
Initial Cost
Land	4,300
Buildings and Improvements	132,325
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	4,696
Gross Amounts At Which Carried At Close of Period
Land	4,300
Buildings and Improvements	137,021
Total	141,321
Accumulated Depreciation	54,887
Premium Outlets | Orlando International Premium Outlets, Orlando, FL
Initial Cost
Land	31,998
Buildings and Improvements	472,815
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	3,563
Gross Amounts At Which Carried At Close of Period
Land	31,998
Buildings and Improvements	476,378
Total	508,376
Accumulated Depreciation	117,299
Premium Outlets | Orlando Vineland Premium Outlets, Orlando, FL
Initial Cost
Land	14,040
Buildings and Improvements	304,410
Costs Capitalized Subsequent to Acquisition
Land	36,023
Buildings and Improvements	80,156
Gross Amounts At Which Carried At Close of Period
Land	50,063
Buildings and Improvements	384,566
Total	434,629
Accumulated Depreciation	133,643
Premium Outlets | Petaluma Village Premium Outlets, Petaluma (San Francisco), CA
Initial Cost
Land	13,322
Buildings and Improvements	13,710
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	3,267
Gross Amounts At Which Carried At Close of Period
Land	13,322
Buildings and Improvements	16,977
Total	30,299
Accumulated Depreciation	9,971
Premium Outlets | Philadelphia Premium Outlets, Limerick (Philadelphia), PA
Initial Cost
Land	16,676
Buildings and Improvements	105,249
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	17,906
Gross Amounts At Which Carried At Close of Period
Land	16,676
Buildings and Improvements	123,155
Total	139,831
Accumulated Depreciation	53,886
Premium Outlets | Phoenix Premium Outlets, Chandler (Phoenix), AZ
Initial Cost
Buildings and Improvements	63,448
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	63,448
Total	63,448
Accumulated Depreciation	12,969
Premium Outlets | Pismo Beach Premium Outlets, Pismo Beach, CA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	36,823
Initial Cost
Land	4,317
Buildings and Improvements	19,044
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,944
Gross Amounts At Which Carried At Close of Period
Land	4,317
Buildings and Improvements	20,988
Total	25,305
Accumulated Depreciation	8,821
Premium Outlets | Pleasant Prairie Premium Outlets, Pleasant Prairie (Chicago, IL/Milwaukee), WI
Initial Cost
Land	16,823
Buildings and Improvements	126,686
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,407
Gross Amounts At Which Carried At Close of Period
Land	16,823
Buildings and Improvements	132,093
Total	148,916
Accumulated Depreciation	36,143
Premium Outlets | Puerto Rico Premium Outlets, Barceloneta, PR
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	125,000
Initial Cost
Land	20,586
Buildings and Improvements	114,021
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,188
Gross Amounts At Which Carried At Close of Period
Land	20,586
Buildings and Improvements	119,209
Total	139,795
Accumulated Depreciation	32,768
Premium Outlets | Queenstown Premium Outlets, Queenstown (Baltimore), MD
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	64,689
Initial Cost
Land	8,129
Buildings and Improvements	61,950
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	4,424
Gross Amounts At Which Carried At Close of Period
Land	8,129
Buildings and Improvements	66,374
Total	74,503
Accumulated Depreciation	19,697
Premium Outlets | Rio Grande Valley Premium Outlets, Mercedes (McAllen), TX
Initial Cost
Land	12,229
Buildings and Improvements	41,547
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	31,760
Gross Amounts At Which Carried At Close of Period
Land	12,229
Buildings and Improvements	73,307
Total	85,536
Accumulated Depreciation	36,098
Premium Outlets | Round Rock Premium Outlets, Round Rock (Austin), TX
Initial Cost
Land	14,706
Buildings and Improvements	82,252
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	3,564
Gross Amounts At Which Carried At Close of Period
Land	14,706
Buildings and Improvements	85,816
Total	100,522
Accumulated Depreciation	42,310
Premium Outlets | San Francisco Premium Outlets, Livermore (San Francisco), CA
Initial Cost
Land	21,925
Buildings and Improvements	308,694
Costs Capitalized Subsequent to Acquisition
Land	40,046
Buildings and Improvements	51,642
Gross Amounts At Which Carried At Close of Period
Land	61,971
Buildings and Improvements	360,336
Total	422,307
Accumulated Depreciation	47,062
Premium Outlets | San Marcos Premium Outlets, San Marcos (Austin/San Antonio), TX
Initial Cost
Land	13,180
Buildings and Improvements	287,179
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	8,831
Gross Amounts At Which Carried At Close of Period
Land	13,180
Buildings and Improvements	296,010
Total	309,190
Accumulated Depreciation	73,112
Premium Outlets | Seattle Premium Outlets, Tulalip (Seattle), WA
Initial Cost
Buildings and Improvements	103,722
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	55,046
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	158,768
Total	158,768
Accumulated Depreciation	58,507
Premium Outlets | St. Augustine Premium Outlets, St. Augustine (Jacksonville), FL
Initial Cost
Land	6,090
Buildings and Improvements	57,670
Costs Capitalized Subsequent to Acquisition
Land	2
Buildings and Improvements	10,954
Gross Amounts At Which Carried At Close of Period
Land	6,092
Buildings and Improvements	68,624
Total	74,716
Accumulated Depreciation	31,332
Premium Outlets | Tampa Premium Outlets, Lutz (Tampa), FL
Initial Cost
Land	14,298
Buildings and Improvements	97,188
Costs Capitalized Subsequent to Acquisition
Land	121
Buildings and Improvements	3,230
Gross Amounts At Which Carried At Close of Period
Land	14,419
Buildings and Improvements	100,418
Total	114,837
Accumulated Depreciation	5,518
Premium Outlets | The Crossings Premium Outlets, Tannersville, PA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	112,647
Initial Cost
Land	7,720
Buildings and Improvements	172,931
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	15,841
Gross Amounts At Which Carried At Close of Period
Land	7,720
Buildings and Improvements	188,772
Total	196,492
Accumulated Depreciation	69,205
Premium Outlets | Tucson Premium Outlets, Marana (Tucson), AZ
Initial Cost
Land	12,508
Buildings and Improvements	69,677
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,259
Gross Amounts At Which Carried At Close of Period
Land	12,508
Buildings and Improvements	74,936
Total	87,444
Accumulated Depreciation	4,196
Premium Outlets | Vacaville Premium Outlets, Vacaville, CA
Initial Cost
Land	9,420
Buildings and Improvements	84,850
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	14,879
Gross Amounts At Which Carried At Close of Period
Land	9,420
Buildings and Improvements	99,729
Total	109,149
Accumulated Depreciation	46,555
Premium Outlets | Waikele Premium Outlets, Waipahu (Honolulu), HI
Initial Cost
Land	22,630
Buildings and Improvements	77,316
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	19,727
Gross Amounts At Which Carried At Close of Period
Land	22,630
Buildings and Improvements	97,043
Total	119,673
Accumulated Depreciation	36,337
Premium Outlets | Waterloo Premium Outlets, Waterloo, NY
Initial Cost
Land	3,230
Buildings and Improvements	75,277
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	9,062
Gross Amounts At Which Carried At Close of Period
Land	3,230
Buildings and Improvements	84,339
Total	87,569
Accumulated Depreciation	38,852
Premium Outlets | Williamsburg Premium Outlets, Williamsburg, VA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	185,000
Initial Cost
Land	10,323
Buildings and Improvements	223,789
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,858
Gross Amounts At Which Carried At Close of Period
Land	10,323
Buildings and Improvements	229,647
Total	239,970
Accumulated Depreciation	55,852
Premium Outlets | Woodburn Premium Outlets, Woodburn (Portland), OR
Initial Cost
Land	9,414
Buildings and Improvements	150,414
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,341
Gross Amounts At Which Carried At Close of Period
Land	9,414
Buildings and Improvements	151,755
Total	161,169
Accumulated Depreciation	23,870
Premium Outlets | Woodbury Common Premium Outlets, Central Valley (New York), NY
Initial Cost
Land	11,110
Buildings and Improvements	862,559
Costs Capitalized Subsequent to Acquisition
Land	1,658
Buildings and Improvements	224,253
Gross Amounts At Which Carried At Close of Period
Land	12,768
Buildings and Improvements	1,086,812
Total	1,099,580
Accumulated Depreciation	326,600
Premium Outlets | Wrentham Village Premium Outlets, Wrentham (Boston), MA
Initial Cost
Land	4,900
Buildings and Improvements	282,031
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	10,709
Gross Amounts At Which Carried At Close of Period
Land	4,900
Buildings and Improvements	292,740
Total	297,640
Accumulated Depreciation	113,849
The Mills | Arizona Mills, Tempe (Phoenix), AZ
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	158,966
Initial Cost
Land	41,936
Buildings and Improvements	297,289
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	12,295
Gross Amounts At Which Carried At Close of Period
Land	41,936
Buildings and Improvements	309,584
Total	351,520
Accumulated Depreciation	33,739
The Mills | Great Mall, Milpitas (San Jose), CA
Initial Cost
Land	70,496
Buildings and Improvements	463,101
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	35,224
Gross Amounts At Which Carried At Close of Period
Land	70,496
Buildings and Improvements	498,325
Total	568,821
Accumulated Depreciation	81,692
The Mills | Gurnee Mills, Gurnee (Chicago), IL
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	273,866
Initial Cost
Land	41,133
Buildings and Improvements	297,911
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	12,043
Gross Amounts At Which Carried At Close of Period
Land	41,133
Buildings and Improvements	309,954
Total	351,087
Accumulated Depreciation	54,403
The Mills | Mills at Jersey Gardens, The, Elizabeth, NJ
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	350,000
Initial Cost
Land	120,417
Buildings and Improvements	865,605
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	7,414
Gross Amounts At Which Carried At Close of Period
Land	120,417
Buildings and Improvements	873,019
Total	993,436
Accumulated Depreciation	66,837
The Mills | Opry Mills, Nashville, TN
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	375,000
Initial Cost
Land	51,000
Buildings and Improvements	327,503
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	14,567
Gross Amounts At Which Carried At Close of Period
Land	51,000
Buildings and Improvements	342,070
Total	393,070
Accumulated Depreciation	57,811
The Mills | Potomac Mills, Woodbridge (Washington, DC), VA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	416,000
Initial Cost
Land	61,755
Buildings and Improvements	425,370
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	35,791
Gross Amounts At Which Carried At Close of Period
Land	61,755
Buildings and Improvements	461,161
Total	522,916
Accumulated Depreciation	81,498
The Mills | Sawgrass Mills, Sunrise (Miami), FL
Initial Cost
Land	194,002
Buildings and Improvements	1,641,153
Costs Capitalized Subsequent to Acquisition
Land	5,395
Buildings and Improvements	114,530
Gross Amounts At Which Carried At Close of Period
Land	199,397
Buildings and Improvements	1,755,683
Total	1,955,080
Accumulated Depreciation	278,169
Designer Outlets | La Reggia Designer Outlet, Marcianise (Naples), Italy
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	56,798
Initial Cost
Land	37,220
Buildings and Improvements	233,179
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,502
Gross Amounts At Which Carried At Close of Period
Land	37,220
Buildings and Improvements	234,681
Total	271,901
Accumulated Depreciation	5,761
Designer Outlets | Noventa Di Piave Designer Outlet, Venice, Italy
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	90,947
Initial Cost
Land	38,793
Buildings and Improvements	309,284
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	12,978
Gross Amounts At Which Carried At Close of Period
Land	38,793
Buildings and Improvements	322,262
Total	361,055
Accumulated Depreciation	6,332
Designer Outlets | Parndorf Designer Outlet, Vienna, Austria
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	97,293
Initial Cost
Land	14,903
Buildings and Improvements	221,442
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,048
Gross Amounts At Which Carried At Close of Period
Land	14,903
Buildings and Improvements	222,490
Total	237,393
Accumulated Depreciation	10,565
Designer Outlets | Roermond Designer Outlet, Roermond, Netherlands
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	243,232
Initial Cost
Land	15,035
Buildings and Improvements	400,094
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,111
Gross Amounts At Which Carried At Close of Period
Land	15,035
Buildings and Improvements	401,205
Total	416,240
Accumulated Depreciation	16,803
Community/Lifestyles Centers | ABQ Uptown, Albuquerque, NM
Initial Cost
Land	6,374
Buildings and Improvements	75,333
Costs Capitalized Subsequent to Acquisition
Land	4,054
Buildings and Improvements	4,675
Gross Amounts At Which Carried At Close of Period
Land	10,428
Buildings and Improvements	80,008
Total	90,436
Accumulated Depreciation	17,665
Community/Lifestyles Centers | University Park Village, Fort Worth, TX
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	55,000
Initial Cost
Land	18,031
Buildings and Improvements	100,523
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	3,271
Gross Amounts At Which Carried At Close of Period
Land	18,031
Buildings and Improvements	103,794
Total	121,825
Accumulated Depreciation	7,244
Other Properties | Bangor Mall, Bangor, ME
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	80,000
Initial Cost
Land	5,478
Buildings and Improvements	59,740
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	13,747
Gross Amounts At Which Carried At Close of Period
Land	5,478
Buildings and Improvements	73,487
Total	78,965
Accumulated Depreciation	37,413
Other Properties | Calhoun Outlet Marketplace, Calhoun GA
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	19,316
Initial Cost
Land	1,745
Buildings and Improvements	12,529
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	1,625
Gross Amounts At Which Carried At Close of Period
Land	1,745
Buildings and Improvements	14,154
Total	15,899
Accumulated Depreciation	7,464
Other Properties | Florida Keys Outlet Marketplace, Florida City, FL
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	17,000
Initial Cost
Land	1,560
Buildings and Improvements	1,748
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	3,460
Gross Amounts At Which Carried At Close of Period
Land	1,560
Buildings and Improvements	5,208
Total	6,768
Accumulated Depreciation	2,156
Other Properties | Gaffney Outlet Marketplace, Gaffney (Greenville/Charlotte), SC
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	31,203
Initial Cost
Land	4,056
Buildings and Improvements	32,371
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	2,887
Gross Amounts At Which Carried At Close of Period
Land	4,056
Buildings and Improvements	35,258
Total	39,314
Accumulated Depreciation	13,319
Other Properties | Lebanon Outlet Marketplace, Lebanon (Nashville), TN
Initial Cost
Land	1,758
Buildings and Improvements	10,189
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	598
Gross Amounts At Which Carried At Close of Period
Land	1,758
Buildings and Improvements	10,787
Total	12,545
Accumulated Depreciation	4,692
Other Properties | Liberty Village Marketplace, Flemington (New York), NJ
Initial Cost
Land	5,670
Buildings and Improvements	28,904
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	2,000
Gross Amounts At Which Carried At Close of Period
Land	5,670
Buildings and Improvements	30,904
Total	36,574
Accumulated Depreciation	23,429
Other Properties | Lincoln Plaza, King of Prussia (Philadelphia), PA
Initial Cost
Buildings and Improvements	21,299
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	5,704
Gross Amounts At Which Carried At Close of Period
Buildings and Improvements	27,003
Total	27,003
Accumulated Depreciation	14,800
Other Properties | Orlando Outlet Marketplace, Orlando, FL
Initial Cost
Land	3,367
Buildings and Improvements	1,557
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	2,171
Gross Amounts At Which Carried At Close of Period
Land	3,367
Buildings and Improvements	3,728
Total	7,095
Accumulated Depreciation	1,550
Other Properties | Osage Beach Outlet Marketplace, Osage Beach, MO
Initial Cost
Land	9,460
Buildings and Improvements	85,804
Costs Capitalized Subsequent to Acquisition
Buildings and Improvements	7,135
Gross Amounts At Which Carried At Close of Period
Land	9,460
Buildings and Improvements	92,939
Total	102,399
Accumulated Depreciation	40,760
Development Projects | Other pre-development costs
Real Estate and Accumulated Depreciation
Encumbrances as of Year End	44,099
Initial Cost
Land	130,344
Buildings and Improvements	86,457
Gross Amounts At Which Carried At Close of Period
Land	130,344
Buildings and Improvements	86,457
Total	216,801
Accumulated Depreciation	76
Other
Initial Cost
Land	2,615
Buildings and Improvements	14,047
Gross Amounts At Which Carried At Close of Period
Land	2,615
Buildings and Improvements	14,047
Total	16,662
Accumulated Depreciation	7,094
Currency Translation Adjustment
Initial Cost
Land	(3,718)
Buildings and Improvements	(41,037)
Gross Amounts At Which Carried At Close of Period
Land	(3,718)
Buildings and Improvements	(41,037)
Total	(44,755)
Accumulated Depreciation	$ (3,461)