Consolidated and Combined Statements of Equity (USD $) In Thousands, except Share data	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit	GGP Equity	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interests in Consolidated Ventures
Beginning balance at Dec. 31, 2008	$ 1,985,815	$ 0	$ 0	$ 0	$ 1,986,938	$ (2,926)	$ 1,803
Beginning balance, shares at Dec. 31, 2008		0
Net income (loss)	(703,816)				(703,612)		(204)
Distributions to noncontrolling interests	(699)						(699)
Other comprehensive income	1,182					1,182
Contributions from GGP, net and prior to the Separation	221,038				221,038
Ending balance at Dec. 31, 2009	1,503,520	0	0	0	1,504,364	(1,744)	900
Beginning balance, shares at Dec. 31, 2009		0
Net income (loss)	(69,230)			(528,505)	459,074		201
Distributions to noncontrolling interests	(277)						(277)
Other comprehensive income	117					117
Issuance of common stock, shares		37,896,259,000
Issuance of common stock	182,663	379	182,284
Issuance of restricted stock, net of expense, shares		8,247,000
Issuance of restricted stock, net of expense	85		85
Contributions from GGP, net and prior to the Separation	562,229				562,229
Transfer from GGP on Effective Date			2,525,667		(2,525,667)
Ending balance at Dec. 31, 2010	2,179,107	379	2,708,036	(528,505)	0	(1,627)	824
Ending balance, shares at Dec. 31, 2010		37,904,506,000
Net income (loss)	148,470			147,180			1,290
Adjustment to noncontrolling interests	3,700						3,700
Other comprehensive income	(3,951)
Acquisitions	(777)						(777)
Preferred dividend payment on behalf of subsidiary	(23)						(23)
Interest rate swaps, net of tax $1,016	(3,351)					(3,351)
Capitalized swap interest, net of tax $358	(600)					(600)
Stock plan activity, shares		41,201,000
Stock plan activity	3,073		3,073
Ending balance at Dec. 31, 2011	$ 2,329,599	$ 379	$ 2,711,109	$ (381,325)	$ 0	$ (5,578)	$ 5,014
Ending balance, shares at Dec. 31, 2011		37,945,707,000