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CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Minimum rents $ 74,567us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue $ 97,890us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue
Percentage rents 2,930us-gaap_PercentageRent 4,662us-gaap_PercentageRent
Expense recoveries 43,912us-gaap_TenantReimbursements 62,709us-gaap_TenantReimbursements
Management, leasing, and development services 2,957tco_ManagementLeasingAndDevelopmentServices 2,505tco_ManagementLeasingAndDevelopmentServices
Other 4,623us-gaap_OtherIncome 7,012us-gaap_OtherIncome
Total Revenues 128,989us-gaap_Revenues 174,778us-gaap_Revenues
Expenses:    
Maintenance, taxes, utilities, and promotion 31,633tco_MaintenanceTaxesAndUtilities 47,941tco_MaintenanceTaxesAndUtilities
Other operating 13,218us-gaap_OtherCostAndExpenseOperating 15,496us-gaap_OtherCostAndExpenseOperating
Management, leasing, and development services 1,130tco_ManagementLeasingAndDevelopmentService 1,285tco_ManagementLeasingAndDevelopmentService
General and administrative 11,925us-gaap_GeneralAndAdministrativeExpense 11,537us-gaap_GeneralAndAdministrativeExpense
Interest expense 13,525us-gaap_InterestExpense 26,130us-gaap_InterestExpense
Depreciation and amortization 24,041us-gaap_DepreciationDepletionAndAmortization 35,118us-gaap_DepreciationDepletionAndAmortization
Operating Expenses 95,472us-gaap_OperatingExpenses 137,507us-gaap_OperatingExpenses
Nonoperating income, net 1,246us-gaap_NonoperatingIncomeExpense 1,103us-gaap_NonoperatingIncomeExpense
Income before income tax expense, equity in income of Unconsolidated Joint Ventures, and gain on dispositions, net of tax 34,763us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 38,374us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense (Note 3) (838)us-gaap_IncomeTaxExpenseBenefit (699)us-gaap_IncomeTaxExpenseBenefit
Equity in income of Unconsolidated Joint Ventures (Note 4) 17,075us-gaap_IncomeLossFromEquityMethodInvestments 12,068us-gaap_IncomeLossFromEquityMethodInvestments
Income before gain on dispositions, net of tax 51,000us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 49,743us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Gain on dispositions, net of tax (Note 2)    476,414us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
Net income 51,000us-gaap_ProfitLoss 526,157us-gaap_ProfitLoss
Net income attributable to noncontrolling interests (Note 7) (15,102)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity (150,780)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Net income attributable to Taubman Centers, Inc. 35,898us-gaap_NetIncomeLoss 375,377us-gaap_NetIncomeLoss
Distributions to participating securities of TRG (Note 9) (492)us-gaap_OtherPreferredStockDividendsAndAdjustments (468)us-gaap_OtherPreferredStockDividendsAndAdjustments
Preferred stock dividends (5,784)us-gaap_DividendsPreferredStock (5,784)us-gaap_DividendsPreferredStock
Net income attributable to Taubman Centers, Inc. common shareowners 29,622us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 369,125us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Other comprehensive income (Note 13):    
Unrealized loss on interest rate instruments and other (9,389)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax (5,512)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
Cumulative translation adjustment (1,917)us-gaap_CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease (3,186)us-gaap_CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
Reclassification adjustment for amounts recognized in net income 2,893us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax 3,304us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
Other comprehensive income (loss) (8,413)us-gaap_OtherComprehensiveIncomeLossNetOfTax (5,394)us-gaap_OtherComprehensiveIncomeLossNetOfTax
Comprehensive income 42,587us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 520,763us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Comprehensive income attributable to noncontrolling interests (12,690)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (149,212)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Comprehensive income attributable to Taubman Centers, Inc. $ 29,897us-gaap_ComprehensiveIncomeNetOfTax $ 371,551us-gaap_ComprehensiveIncomeNetOfTax
Basic earnings per common share (Note 11) $ 0.47us-gaap_EarningsPerShareBasic $ 5.84us-gaap_EarningsPerShareBasic
Diluted earnings per common share (Note 11) $ 0.47us-gaap_EarningsPerShareDiluted $ 5.74us-gaap_EarningsPerShareDiluted
Cash dividends declared per common share $ 0.5650us-gaap_CommonStockDividendsPerShareDeclared $ 0.5400us-gaap_CommonStockDividendsPerShareDeclared
Weighted average number of common shares outstanding – basic 63,039,777us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 63,165,611us-gaap_WeightedAverageNumberOfSharesOutstandingBasic