XML 56 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments in Unconsolidated Entities - Unconsolidated Entity Transactions (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 25, 2018
USD ($)
shares
Jun. 07, 2018
USD ($)
Sep. 15, 2016
item
Sep. 30, 2015
property
Sep. 30, 2018
USD ($)
property
Apr. 30, 2018
USD ($)
Sep. 30, 2018
USD ($)
property
Sep. 30, 2017
USD ($)
Jun. 30, 2017
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2018
USD ($)
property
Sep. 30, 2017
USD ($)
Dec. 31, 2018
Sep. 11, 2018
ft²
Dec. 31, 2017
May 31, 2017
Investment in Unconsolidated Entities                                
Insurance proceeds recorded as business interruption                     $ 16,160,000          
Gain upon acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net                     144,949,000 $ 4,989,000        
Gain on interest in unconsolidated entities                     35,621,000          
Share of net income, net of amortization of our excess investment             $ 134,408,000 $ 116,110,000     $ 325,263,000 277,212,000        
Outlets at Orange                                
Investment in Unconsolidated Entities                                
Percentage of equity stake acquired 50.00%                              
Ownership interest after acquisition (as a percent)         100.00%   100.00%       100.00%          
Simon Property Group, L.P.                                
Investment in Unconsolidated Entities                                
Insurance proceeds recorded as business interruption                     $ 16,160,000          
Gain upon acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net                     144,949,000 4,989,000        
Gain on interest in unconsolidated entities                     35,621,000          
Share of net income, net of amortization of our excess investment             $ 134,408,000 116,110,000     325,263,000 277,212,000        
Simon Property Group, L.P. | Outlets at Orange                                
Investment in Unconsolidated Entities                                
Number of units issued in connection with acquisition of the remaining interest in orange outlet | shares 475,183                              
Business acquisition price $ 176.99                              
Colorado Mills                                
Investment in Unconsolidated Entities                                
Impairment charges                 $ 32,500,000              
Insurance proceeds recorded as business interruption                     58,300,000          
Gain on business interruption                     $ 25,800,000          
Aventura Mall                                
Investment in Unconsolidated Entities                                
Loan defeasance charge   $ 30,900,000                            
Write off of deferred debt issuance cost   6,500,000                            
Mortgages | Aventura Mall                                
Investment in Unconsolidated Entities                                
Debt refinanced   1,200,000,000                            
Construction loan | Aventura Mall                                
Investment in Unconsolidated Entities                                
Debt refinanced   200,800,000                            
4.12% fixed interest rate mortgage maturing July 2028 | Aventura Mall                                
Investment in Unconsolidated Entities                                
Debt issued   $ 1,750,000,000                            
Fixed interest rate (as a percent)   4.12%                            
Macerich                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)         50.00%   50.00%       50.00%          
Area of property (in square feet) | ft²                           400,000    
Additional area of a real estate property | ft²                           166,000    
Contribution to form joint venture         $ 13,100,000                      
Aventura Mall                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)   33.30%                            
Share of early debt repayment charge   $ 12,500,000                            
Colorado Mills                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)                               37.50%
Gain upon acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net                     $ 9,700,000          
Aeropostale                                
Investment in Unconsolidated Entities                                
Number of joint ventures | item     2                          
Aeropostale Retail Operations                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)         44.95%   44.95%       44.95%          
Authentic Brands Group LLC                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)         5.78%   5.78%       5.78%          
Gain on interest in unconsolidated entities           $ 35,600,000                    
HBS                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)         11.70%   11.70%       11.70%       11.70%  
Number of properties contributed to form joint venture | property         42   42       42          
Number of Kaufhof properties purchased by the joint venture | property       41                        
Contributions for improvements to properties         $ 68,300,000   $ 68,300,000       $ 68,300,000          
Contribution to form joint venture                   $ 178,500,000            
Share of net income, net of amortization of our excess investment             $ 4,300,000 $ 4,800,000     11,900,000 11,300,000        
Total revenues                     258,800,000 265,800,000        
Total operating income                     162,200,000 246,900,000        
Consolidated net income                     $ 90,600,000 $ 176,200,000        
HBS | Forecast                                
Investment in Unconsolidated Entities                                
Ownership interest (as a percent)                         11.70%