Share Options And Awards (Tables)

9 Months Ended

Sep. 30, 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:

	Nine Months Ended September 30, 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	%

Summary Of The Status Of Unvested Restricted Share Awards

A summary of the status of unvested restricted share awards for the nine months ended September 30, 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
Trust manager awards	29,043		31.00
Vested	(116,877	)	21.34
Forfeited	(301	)	28.32
Outstanding, September 30, 2014	694,681		$	28.76