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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Notes to Financial Statements [Abstract]  
Basic and diluted earnings per share
 
Three Months Ended
September 30
 
Nine Months Ended
September 30
 
2014

2013
 
2014
 
2013
Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):
 

 
 
 
 
 
 
Basic
$
33,682

 
$
24,488

 
$
424,151

 
$
70,074

Impact of additional ownership of TRG
121

 
107

 
4,151

 
352

Diluted
$
33,803

 
$
24,595


$
428,302

 
$
70,426

 
 
 
 
 
 
 
 
Shares (Denominator) – basic
63,317,680

 
63,753,748

 
63,249,400

 
63,653,155

Effect of dilutive securities
770,062

 
937,161

 
1,626,651

 
1,049,493

Shares (Denominator) – diluted
64,087,742

 
64,690,909


64,876,051

 
64,702,648

 
 
 
 
 
 
 
 
Earnings per common share - basic
$
0.53

 
$
0.38

 
$
6.71

 
$
1.10

Earnings per common share – diluted
$
0.53

 
$
0.38

 
$
6.60

 
$
1.09

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The table below presents the potential common stock excluded from the calculation of diluted earnings per share as they were anti-dilutive in the period presented.

 
Three Months Ended
September 30
 
Nine Months Ended
September 30
 
2014

2013
 
2014
 
2013
Weighted average noncontrolling partnership units outstanding
4,369,590

 
4,494,470

 
4,352,233

 
4,557,851

Unissued partnership units under unit option deferral elections
871,262

 
871,262

 


 
871,262