XML 34 R60.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
ACQUISITIONS AND DISPOSITIONS (Narrative) (Details)
3 Months Ended 6 Months Ended 10 Months Ended 12 Months Ended
Dec. 30, 2019
USD ($)
ft²
a
building
Dec. 20, 2019
USD ($)
Oct. 29, 2019
USD ($)
a
Sep. 16, 2019
USD ($)
ft²
a
Sep. 07, 2018
USD ($)
ft²
a
building
Jun. 08, 2018
USD ($)
a
extention_option
Dec. 28, 2017
USD ($)
Mar. 01, 2017
USD ($)
Jan. 18, 2017
USD ($)
a
Jan. 06, 2017
USD ($)
a
Dec. 31, 2019
USD ($)
ft²
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
item
Dec. 31, 2017
USD ($)
Dec. 31, 2019
USD ($)
ft²
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Area of land | a         12.9                                    
Payments to acquire real estate $ 584,300,000       $ 53,000,000.0                                    
Leasing commission $ 19,319,000                                            
Equity in earnings from real estate and other affiliates                                         $ 30,629,000 $ 39,954,000 $ 25,498,000
Gain (loss) on sale or disposal of real estate and other assets, net                                         22,362,000 (4,000) 55,235,000
Proceeds from sales of properties                                         67,110,000 0 88,384,000
Number of buildings | building         2                                    
Area of real estate property | ft²         258,000                                    
Revenues since the acquisition date                     $ 284,161,000 $ 231,172,000 $ 431,316,000 $ 353,890,000 $ 464,693,000 $ 257,160,000 $ 181,005,000 $ 161,679,000     1,300,539,000 1,064,537,000 1,100,120,000
Pre-tax net loss since the acquisition date                                         103,540,000 $ 73,218,000 120,822,000
Constellation                                              
Equity in earnings from real estate and other affiliates                                             300,000
Ownership interest (as a percent)             50.00%                                
Portion of refinanced mortgage proceeds used to acquire partner's interest             $ 8,000,000.0                                
Liabilities acquired percentage             50.00%                                
Purchase price of acquisition             $ 16,000,000.0                                
Gain recognized from acquisition             17,800,000                                
Assets acquired and consolidated into financial statements             43,561,000                                
Constellation | Construction Loan Payable                                              
Construction loan             $ 15,800,000                                
Constellation | Constellation Note Payable                                              
Interest rate (as a percent)             4.07%                                
Aggregate principal amount of debt issued             $ 24,200,000                                
Las Vegas 51s                                              
Adjustment to allocate from identified finite-lived intangibles               $ 7,900,000                              
Landmark Mall                                              
Area of real estate property | a                   11.4                          
Purchase price of acquisition                   $ 22,200,000                          
Bridges At Mint Hill L L C                                              
Economic/legal ownership   90.50%                                          
Equity in earnings from real estate and other affiliates   $ 9,500,000                                     8,800,000    
Assets divested from deconsolidation   $ 22,000,000.0                                          
Pre-tax net loss since the acquisition date                                         $ 3,800,000    
Las Vegas 51s                                              
Economic/legal ownership               50.00%                              
Equity in earnings from real estate and other affiliates                                             200,000
Portion of refinanced mortgage proceeds used to acquire partner's interest               $ 16,400,000                              
Gain recognized from acquisition               5,400,000                              
Contingent liability recorded per the terms of the purchase agreement               400,000                              
Adjustment to allocate from identified finite-lived intangibles               $ 36,000,000.0                              
Acquired intangible assets weighted average amortization period               11 years                              
Assets acquired and consolidated into financial statements               $ 24,900,000                              
Liabilities assumed and consolidated into financial statements               $ 3,200,000                              
Revenues                                             $ 1,300,000
Revenues since the acquisition date                                       $ 6,800,000      
Pre-tax net loss since the acquisition date                                       $ 600,000      
Five non-core assets | Disposal by Sale                                              
Proceeds from sale of real estate                                     $ 52,600,000        
Number of assets sold | item                                     5        
(Loss) gain on disposal of operating assets                                     $ 23,100,000        
Corporate gains on sale of properties                                     19,200,000        
Gain (Loss) on disposition of business                                     $ 3,900,000        
The Outlet Collection, Elk Grove                                              
Area of land | a                 100                            
Area of land under development | a                 64                            
The Outlet Collection, Elk Grove | Disposal by Sale                                              
Proceeds from sale of real estate                 $ 36,000,000.0                            
Corporate gains on sale of properties                 $ 32,200,000                            
Area of land sold | a                 36                            
The Woodlands Towers at The Waterway                                              
Square footage of building | ft² 807,586                   595,854                   595,854    
The Woodlands Warehouse                                              
Square footage of building | ft² 125,801                                            
Waterway Land                                              
Area of land | a 9.3                                            
Payments to acquire real estate $ 565,000,000.0                                            
Century Park                                              
Asset acquisition, number of buildings acquired | building 17                                            
Square footage of building | ft² 1,300,000                                            
Area of land | a 63                                            
The Woodlands Towers At The Waterway And The Woodlands Warehouse                                              
Duration of lease 13 years                                            
West Windsor, New Jersey                                              
Assets divested from deconsolidation     $ 27,500,000                                        
Proceeds from sale of real estate     $ 40,000,000.0                                        
Gain (loss) on sale or disposal of real estate and other assets, net                                         $ 12,000,000.0    
Area of land sold | a     658                                        
Cottonwood Mall                                              
Square footage of building | ft²       196,975                                      
Assets divested from deconsolidation       $ 21,500,000                                      
Proceeds from sale of real estate       46,000,000.0                                      
Gain (loss) on sale or disposal of real estate and other assets, net                                         $ 24,100,000    
Proceeds from sales of properties       10,000,000.0                                      
Nontrade receivables       $ 36,000,000.0                                      
Interest rate (as a percent)       5.00%                                      
Land Parcel, Holladay, Utah                                              
Area of land sold | a       54                                      
250 Water Street                                              
Area of land purchased | a           1                                  
Purchase price of land acquired           $ 180,000,000.0                                  
Payments to acquire land           $ 53,100,000                                  
Notes Payable, Other Payables | 250 Water Street                                              
Interest rate (as a percent)           6.00%                                  
Short-term debt           $ 129,700,000                                  
Interest free term           6 months                                  
Number of extension options | extention_option           3                                  
Extension option, term           6 months                                  
The Woodlands Towers at The Waterway                                              
Asset acquisition, number of buildings acquired | building 2                                            
Square footage of building | ft² 1,403,440                                            
Leasing commission $ 18,599,000