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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
INVESTMENTS IN REAL ESTATE, at cost:    
Operating properties $ 3,422,311 $ 3,395,681
Construction in progress 88,390 68,619
Land held for development 10,450 13,240
Total investments in real estate 3,521,151 3,477,540
Accumulated depreciation (993,735) (907,928)
Net investments in real estate 2,527,416 2,569,612
INVESTMENTS IN PARTNERSHIPS, at equity: 15,615 14,855
OTHER ASSETS:    
Cash and cash equivalents 24,893 33,990
Tenant and other receivables (net of allowance for doubtful accounts of $14,159 and $14,042 at September 30, 2013 and December 31, 2012, respectively) 35,535 38,473
Intangible assets (net of accumulated amortization of $14,410 and $14,940 at September 30, 2013 and December 31, 2012, respectively) 9,447 8,673
Deferred costs and other assets 100,223 97,399
Assets held for sale    114,622
Total assets 2,713,129 2,877,624
LIABILITIES:    
Mortgage loans payable 1,538,102 1,718,052
Term Loan    182,000
Revolving Facility 90,000   
Tenants’ deposits and deferred rent 15,411 14,862
Distributions in excess of partnership investments 64,187 64,874
Fair value of derivative instruments 1,387 9,742
Liabilities on assets held for sale    102,417
Accrued expenses and other liabilities 72,315 72,448
Total liabilities 1,781,402 2,164,395
COMMITMENTS AND CONTINGENCIES (Note 6):      
EQUITY:    
Shares of beneficial interest, $1.00 par value per share; 200,000 shares authorized; issued and outstanding 68,202 shares at September 30, 2013 and 56,331 shares at December 31, 2012 68,202 56,331
Capital contributed in excess of par 1,463,845 1,247,730
Accumulated other comprehensive loss (7,804) 20,867
Distributions in excess of net income (626,885) (608,634)
Total equity—Pennsylvania Real Estate Investment Trust 897,439 674,641
Noncontrolling interest 34,288 38,588
Total equity 931,727 713,229
Total liabilities and equity 2,713,129 2,877,624
Series A Preferred Shares [Member]
   
EQUITY:    
Preferred Shares 46 46
Series B Preferred Shares [Member]
   
EQUITY:    
Preferred Shares $ 35 $ 35