XML 59 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Tables)
3 Months Ended
Mar. 31, 2012
Segment Information [Abstract]  
Reportable Segment Information
                                 
     Shopping
Center
     Industrial      Other     Total  

Three Months Ended March 31, 2012:

                                  

Revenues

   $ 120,094       $ 65       $ 2,312      $ 122,471   

Net Operating Income

     84,567         16         710        85,293   

Equity in Earnings of Real Estate Joint Ventures and Partnerships, net

     3,853         222         -        4,075   
         

Three Months Ended March 31, 2011:

                                  

Revenues

   $ 115,749       $ 270       $ 2,088      $ 118,107   

Net Operating Income (Loss)

     82,177         121         (2     82,296   

Equity in Earnings (Loss) of Real Estate Joint Ventures and Partnerships, net

     3,324         146         (73     3,397   
         

As of March 31, 2012:

                                  

Investment in Real Estate Joint Ventures and Partnerships, net

   $ 309,548       $ 28,784       $ -      $ 338,332   

Total Assets

     3,318,973         338,223         855,345        4,512,541   
         

As of December 31, 2011:

                                  

Investment in Real Estate Joint Ventures and Partnerships, net

   $ 305,876       $ 35,732       $ -      $ 341,608   

Total Assets

     3,336,507         344,559         907,160        4,588,226   
Reconciliation Of Segment Net Operating Income To Income From Continuing Operations
                 
     Three Months Ended
March 31,
 
     2012     2011  

Total Segment Net Operating Income

   $ 85,293      $ 82,296   

Depreciation and Amortization

     (34,377     (32,951

Impairment Loss

     (6,852     (770

General and Administrative

     (8,307     (6,536

Interest Expense, net

     (31,429     (36,694

Interest and Other Income, net

     2,386        2,055   

Gain on Sale of Real Estate Joint Venture and Partnership Interests

     5,562        -   

Equity in Earnings of Real Estate Joint Ventures and Partnerships, net

     4,075        3,397   

Benefit for Income Taxes

     22        316   
    

 

 

   

 

 

 

Income from Continuing Operations

   $ 16,373      $ 11,113