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Share Options And Awards (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Fair Value Of Market-Based Share Awards Assumptions
The fair value of the market-based share awards was estimated on the date of grant using a Monte Carlo valuation model based on the following assumptions:
 
Three Months Ended
March 31, 2014
 
Minimum
 
Maximum
Dividend yield
0.0
%
 
4.1
%
Expected volatility
14.8
%
 
25.3
%
Expected life (in years)
N/A

 
3

Risk-free interest rate
0.1
%
 
0.8
%
Status Of Unvested Restricted Share Awards
A summary of the status of unvested restricted share awards for the three months ended March 31, 2014 is as follows:
 
Unvested
Restricted
Share
Awards
 
Weighted
Average 
Grant
Date Fair 
Value
Outstanding, January 1, 2014
575,167

 
$
26.54

Granted:
 
 
 
Service-based awards
109,519

 
30.11

Market-based awards relative to FTSE NAREIT U.S. Shopping Center
Index
49,065

 
33.88

Market-based awards relative to three-year absolute TSR
49,065

 
27.63

Vested
(65,101
)
 
16.42

Forfeited
(54
)
 
30.11

Outstanding, March 31, 2014
717,661

 
$
28.58