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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
INVESTMENTS IN REAL ESTATE, at cost:    
Operating properties $ 3,396,134 $ 3,395,681
Construction in progress 67,314 68,619
Land held for development 12,643 13,240
Total investments in real estate 3,476,091 3,477,540
Accumulated depreciation (938,810) (907,928)
Net investments in real estate 2,537,281 2,569,612
INVESTMENTS IN PARTNERSHIPS, at equity: 14,982 14,855
OTHER ASSETS:    
Cash and cash equivalents 33,641 33,990
Tenant and other receivables (net of allowance for doubtful accounts of $13,904 and $14,042 at March 31, 2013 and December 31, 2012, respectively) 38,364 38,473
Intangible assets (net of accumulated amortization of $14,417 and $14,940 at March 31, 2013 and December 31, 2012, respectively) 7,812 8,673
Deferred costs and other assets 92,279 97,399
Assets held for sale 30,021 114,622
Total assets 2,754,380 2,877,624
LIABILITIES:    
Mortgage loans payable 1,679,314 1,718,052
Term Loan 97,500 182,000
Revolving Facility 60,000  
Tenants' deposits and deferred rent 13,637 14,862
Distributions in excess of partnership investments 64,188 64,874
Fair value of derivative instruments 7,562 9,742
Liabilities on assets held for sale 50,758 102,417
Accrued expenses and other liabilities 54,351 72,448
Total liabilities 2,027,310 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 56,506 shares at March 31, 2013 and 56,331 shares at December 31, 2012 56,506 56,331
Capital contributed in excess of par 1,248,586 1,247,730
Accumulated other comprehensive loss (18,576) (20,867)
Distributions in excess of net income (597,956) (608,634)
Total equity-Pennsylvania Real Estate Investment Trust 688,641 674,641
Noncontrolling interest 38,429 38,588
Total equity 727,070 713,229
Total liabilities and equity 2,754,380 2,877,624
Series A Preferred Shares [Member]
   
EQUITY:    
Preferred shares, value 46 46
Series B Preferred Shares [Member]
   
EQUITY:    
Preferred shares, value $ 35 $ 35